Form 8.5 (EPT/NON-RI) KOSMOS ENERGY LTD

RNS Number : 2504Q

Barclays PLC

16 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 relevant securities this form relates:			KOSMOS ENERGY LTD
(c)	Name of the party to the offer with which exempt principal trader is connected			TULLOW OIL PLC
(d)	Date position held/dealing undertaken:			13 Dec 2024
(e)	In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?			YES: 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:				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:				5,439,106	1.15%	1,905,920	0.40%
(2) Cash-settled derivatives:				6,695,620	1.42%	5,896,630	1.25%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				2,948,300	0.62%	2,948,300	0.62%
TOTAL:				15,083,026	3.20%	10,750,850	2.28%

(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)	Purchase and sales
Class of relevant security	Purchase/sale	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
Convertible Bond	Purchase	852000	82.2061 USD	82.0226 USD
USD 0.01 ordinary	Purchase	2058417	3.1800 USD	3.0050 USD
Convertible Bond	Sale	852000	82.2061 USD	82.0226 USD
USD 0.01 ordinary	Sale	2090867	5.0000 USD	3.0050 USD

(b)	Cash-settled derivative transactions
Class of relevant security	Product description	Nature of dealing	Number of reference securities	Price per unit


(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
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	Option money paid/ received per unit


(ii)	Exercising
Class of relevant security	Product description	Exercising/ exercised against	Number of securities	Exercise price per unit


(d)	Other dealings (including subscribing for new securities)
Class of relevant security	Nature of Dealings	Details	Price per unit (if 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:				16 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213


SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
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 are being disclosed:					BARCLAYS CAPITAL SECURITIES LTD
Name of offeror/offeree in relation to whose relevant securities this from relates:					KOSMOS ENERGY LTD

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	4.0845	European
USD 0.01 ordinary	Call Options	Purchased	2,948,300	3.8900	European
USD 0.01 ordinary	Call Options	Written	-2,948,300	4.0845	European
USD 0.01 ordinary	Call Options	Written	-2,948,300	3.8900	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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