Barclays PLC Form 8.5 (EPT/NON-RI) Kosmos Energy Ltd

RNS Number : 4386Q

Barclays PLC

17 December 2024

 

FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Name of exempt principal trader:				BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose				KOSMOS ENERGY LTD
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				TULLOW OIL PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:				16 Dec 2024
(e)	In addition to the company in 1(b) above, is the exempt principal				YES:
	trader making disclosures in respect of any other party to the offer?				TULLOW OIL PLC
2.				POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing (if any)
Class of relevant security:				Convertible Bond US500688AG18
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			300,000	0.06%	0	0.00%
(2)	Cash-settled derivatives:
	and/or controlled:			0	0.00%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			300,000	0.06%	0	0.00%
Class of relevant security:				USD 0.01 ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			5,811,886	1.23%	2,299,461	0.49%
(2)	Cash-settled derivatives:
	and/or controlled:			6,695,620	1.42%	5,896,600	1.25%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			2,948,300	0.62%	2,948,300	0.62%
	TOTAL:			15,455,806	3.28%	11,144,361	2.36%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
Convertible Bond		Purchase		29,536		79.3226  USD	79.2738  USD
USD 0.01 ordinary		Purchase		1,744,337		2.9100  USD	2.7025  USD
Convertible Bond		Sale		29,536		79.3226  USD	79.2738  USD
USD 0.01 ordinary		Sale		1,716,640		2.9066  USD	2.6300  USD
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
USD 0.01 ordinary		SWAP		Closing Short		30	2.7090  USD
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,
formal or informal, relating to relevant securities which may be an inducement to deal
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party
to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between
the exempt principal trader making the disclosure and any other person relating to:
(i)   the voting rights of any relevant securities under any option; or
(ii)   the voting rights of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				YES
Date of disclosure:				17 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213
DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO
PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
1.				KEY INFORMATION
Identity of the person whose positions/dealings				BARCLAYS CAPITAL SECURITIES LTD
are being disclosed:
Name of offeror/offeree in relation to whose				KOSMOS ENERGY LTD
relevant securities this from relates:
2.				OPTIONS AND DERIVATIVES
Class of relevant security	Product description	Writing, purchasing, selling, varying etc	Number of securities to which option relates	Exercise price per unit	Type	Expiry date
USD 0.01 ordinary	Put Options	Purchased	-2,948,300	3.8900	European
USD 0.01 ordinary	Call Options	Purchased	2,948,300	3.8900	European
USD 0.01 ordinary	Call Options	Purchased	2,948,300	4.0845	European
USD 0.01 ordinary	Call Options	Written	-2,948,300	3.8900	European
USD 0.01 ordinary	Call Options	Written	-2,948,300	4.0845	European
USD 0.01 ordinary	Put Options	Written	2,948,300	3.8900	European
3.				AGREEMENTS TO PURCHASE OR SELL ETC.
Full details should be given so that the nature of the interest or position can be fully understood:

 

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