t
Barclays Capital Securities Ltd, an exempt principal trader connected to Tullow Oil PLC, disclosed its opening position and dealings in Kosmos Energy Ltd securities as of 16 December 2024. As of that date, it held total interests of 15,455,806 (3.28%) and total short positions of 11,144,361 (2.36%) in Kosmos Energy Ltd's USD 0.01 ordinary shares, alongside 300,000 (0.06%) interests in its convertible bonds. Dealings on 16 December 2024 included the purchase of 1,744,337 ordinary shares and 29,536 convertible bonds, and the sale of 1,716,640 ordinary shares and 29,536 convertible bonds.
| Date | 17 Dec 2024 |
| Time | 11:58:41 |
| Category | Holding(s) in company |
| ID | 4386Q |
|
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: |
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|