Citadel Group Form 8.3 - Tullow Oil PLC

RNS Number : 2730Q

Citadel Group

16 December 2024

 

FORM 8.3

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Full name of discloser:	Citadel Group
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	TULLOW OIL PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	13 December 2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	Yes, Kosmos Energy LTD

 

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(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: Common Stock	ISIN GB0001500809 10p ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	180,845	0.01	86,153	0.00
(2) Cash-settled derivatives:	122,217	0.00	7,868,490	0.53
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	303,062	0.02	7,954,643	0.54

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

(b)        Rights to subscribe for new securities (including directors' and other employee options)

 

Class of relevant security in relation to which subscription right exists:	N/A
Details, including nature of the rights concerned and relevant percentages:	N/A

 

 

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a)        Purchases and sales

 

Class of relevant security	Purchase/sale	Number of securities	Price per unit
Common	Buy Transaction	573	0.1400 USD
Common	Buy Transaction	2,000	0.1440 USD
Common	Buy Transaction	1,397	0.1441 USD
Common	Buy Transaction	330	0.1445 USD
Common	Buy Transaction	221	0.1450 USD
Common	Buy Transaction	14,068	0.1514 USD
Common	Buy Transaction	4,308	0.2322 GBP
Common	Buy Transaction	11,466	0.2324 GBP
Common	Buy Transaction	30,322	0.2364 GBP
Common	Buy Transaction	13,301	0.2370 GBP
Common	Buy Transaction	23,902	0.2374 GBP
Common	Buy Transaction	19,242	0.2380 GBP
Common	Buy Transaction	257,212	0.2400 GBP
Common	Buy Transaction	52,443	0.2408 GBP
Common	Buy Transaction	21,388	0.2410 GBP
Common	Buy Transaction	33,898	0.2412 GBP
Common	Buy Transaction	4,607	0.2416 GBP
Common	Buy Transaction	13,933	0.2418 GBP
Common	Buy Transaction	86,116	0.2470 GBP
Common	Buy Transaction	4,924	0.2474 GBP
Common	Buy Transaction	4,295	0.2486 GBP
Common	Buy Transaction	8,540	0.2494 GBP
Common	Buy Transaction	19,826	0.2520 GBP
Common	Buy Transaction	3,502	0.2580 GBP
Common	Sell Transaction	573	0.1400 USD
Common	Sell Transaction	11,308	0.1440 USD
Common	Sell Transaction	1,879	0.1450 USD
Common	Sell Transaction	1,500	0.1470 USD
Common	Sell Transaction	117	0.1474 USD
Common	Sell Transaction	9,303	0.1490 USD
Common	Sell Transaction	20	0.1494 USD
Common	Sell Transaction	5,401	0.1500 USD
Common	Sell Transaction	14,068	0.1514 USD
Common	Sell Transaction	3	0.1525 USD
Common	Sell Transaction	500	0.1550 USD
Common	Sell Transaction	18	0.1622 USD
Common	Sell Transaction	322	0.1623 USD
Common	Sell Transaction	300	0.1624 USD
Common	Sell Transaction	500	0.1627 USD
Common	Sell Transaction	17,400	0.1632 USD
Common	Sell Transaction	23,809	0.2364 GBP
Common	Sell Transaction	5,860	0.2372 GBP
Common	Sell Transaction	4	0.2376 GBP
Common	Sell Transaction	616	0.2378 GBP
Common	Sell Transaction	46	0.2380 GBP
Common	Sell Transaction	2,732	0.2386 GBP
Common	Sell Transaction	80,883	0.2400 GBP
Common	Sell Transaction	4,000	0.2402 GBP
Common	Sell Transaction	3,433	0.2406 GBP
Common	Sell Transaction	71,714	0.2408 GBP
Common	Sell Transaction	10,000	0.2410 GBP
Common	Sell Transaction	77	0.2412 GBP
Common	Sell Transaction	2,211	0.2414 GBP
Common	Sell Transaction	5,640	0.2418 GBP
Common	Sell Transaction	1	0.2420 GBP
Common	Sell Transaction	679	0.2424 GBP
Common	Sell Transaction	520	0.2428 GBP
Common	Sell Transaction	992	0.2430 GBP
Common	Sell Transaction	363	0.2432 GBP

 

(b)        Cash-settled derivative transactions

 

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
Common	CFD	Reducing long position	146,569	0.2387 GBP
Common	CFD	Reducing long position	15,970	0.2401 GBP
Common	CFD	Reducing long position	146,393	0.2431 GBP
Common	CFD	Reducing long position	40,474	0.2473 GBP
Common	CFD	Opening short position	10,402	0.2514 GBP
Common	CFD	Opening short position	63,684	0.2713 GBP
Common	CFD	Opening short position	17,493	0.2741 GBP
Common	CFD	Opening short position	7,315	0.2762 GBP

 

(c)        Stock-settled derivative transactions (including options)

 

(i)         Writing, selling, purchasing or varying

 

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

 

(ii)        Exercise

 

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

 

(d)        Other dealings (including subscribing for new securities)

 

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)

 

 

4.         OTHER INFORMATION

 

(a)        Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

None

 

(b)        Agreements, arrangements or understandings relating to options or derivatives

 

Details of any agreement, arrangement or understanding, formal or informal, between the person 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

 

(c)        Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

NO

 

 

Date of disclosure:	16 December 2024
Contact name:	Paula Santos
Telephone number*:	020 7645 9700

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

 

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

 

 

 

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END

 

 

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