Form 8.5 (EPT/NON-RI) Tullow Oil plc Amendment

RNS Number : 5745R

Barclays PLC

06 July 2022

FORM 8.5 (EPT/NON-RI) Amendment to Sale
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			TULLOW OIL PLC
	relevant securities this form relates:			TULLOW OIL PLC
(c)	Name of the party to the offer with which exempt			Tullow Oil plc
	principal trader is connected			Tullow Oil plc
(d)	Date position held/dealing undertaken:			24 June 2022
(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?			CAPRICORN ENERGY 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:		10p ordinary
		Interests		Short Positions
		Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:	3,386,005	0.24%	14,788,137	1.03%

(2)	Cash-settled derivatives:
		13,558,368	0.94%	2,711,751	0.19%

(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:	0	0.00%	0	0.00%


	TOTAL:	16,944,373	1.18%	17,499,888	1.22%

(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
10p ordinary		Purchase	1,332,071	0.4836 GBP	0.4731 GBP
10p ordinary		Sale	1,425,263	0.4849 GBP	0.476 GBP

(b)	Cash-settled derivative transactions
Class of		Product	Nature of dealing	Number of	Price per
relevant		description		reference	unit
security				securities
10p ordinary		CFD	Decreasing Long	3,795	0.4769 GBP
10p ordinary		SWAP	Decreasing Long	4,108	0.4836 GBP
10p ordinary		SWAP	Decreasing Long	7,205	0.4834 GBP
10p ordinary		CFD	Decreasing Long	25,000	0.4841 GBP
10p ordinary		CFD	Decreasing Long	77,293	0.4826 GBP
10p ordinary		CFD	Decreasing Long	110,638	0.4773 GBP
10p ordinary		CFD	Decreasing Long	117,132	0.4774 GBP
10p ordinary		SWAP	Decreasing Short	109,586	0.4801 GBP
10p ordinary		SWAP	Decreasing Short	229,550	0.4774 GBP
10p ordinary		SWAP	Increasing Long	166	0.4817 GBP
10p ordinary		SWAP	Increasing Long	178	0.4798 GBP
10p ordinary		SWAP	Increasing Long	337	0.4827 GBP
10p ordinary		SWAP	Increasing Long	419	0.4810 GBP
10p ordinary		SWAP	Increasing Long	999	0.4842 GBP
10p ordinary		SWAP	Increasing Long	1,675	0.4772 GBP
10p ordinary		SWAP	Increasing Long	2,343	0.4773 GBP
10p ordinary		SWAP	Increasing Long	5,409	0.4849 GBP
10p ordinary		SWAP	Increasing Long	33,264	0.4803 GBP
10p ordinary		SWAP	Increasing Long	56,580	0.4797 GBP
10p ordinary		SWAP	Increasing Long	58,449	0.4800 GBP
10p ordinary		SWAP	Increasing Long	100,408	0.4787 GBP
10p ordinary		SWAP	Increasing Long	109,586	0.4801 GBP
10p ordinary		SWAP	Increasing Long	421,626	0.4774 GBP
10p ordinary		SWAP	Increasing Short	2,024	0.4825 GBP
10p ordinary		SWAP	Increasing Short	2,127	0.4823 GBP
10p ordinary		SWAP	Increasing Short	5,000	0.4843 GBP
10p ordinary		SWAP	Increasing Short	16,524	0.4845 GBP
10p ordinary		SWAP	Increasing Short	30,702	0.4805 GBP
10p ordinary		SWAP	Increasing Short	36,920	0.4802 GBP
10p ordinary		SWAP	Increasing Short	37,327	0.4804 GBP
10p ordinary		SWAP	Increasing Short	53,034	0.4806 GBP
10p ordinary		SWAP	Increasing Short	421,626	0.4774 GBP

(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				Exercising/ exercised against		securities	unit


(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security				Details		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?				NO
Date of disclosure:				6 Jul 2022
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

FEOEALXKELLAEFA

TIDM	BARC
Share Price	496.65p0.64%
Market Cap	£66.76bn

Date	6 Jul 2022
Time	15:47:01
Category	Holding(s) in company
ID	5745R

TIDM	BARC
Share Price	496.65p0.64%
Market Cap	£66.76bn

Date	6 Jul 2022
Time	15:47:01
Category	Holding(s) in company
ID	5745R

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Form 8.5 (EPT/NON-RI) Tullow Oil plc Amendment