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Barclays Capital Securities Ltd issued a Form 8.5 disclosure on 18 December 2024 detailing its positions and dealings in Kosmos Energy Ltd's relevant securities. As of 17 December 2024, the firm reported total interests of 3.21% and short positions of 2.27% in Kosmos Energy Ltd's USD 0.01 ordinary shares, along with 0.06% interests in its Convertible Bonds. On the same date, Barclays Capital Securities Ltd purchased 1,515,101 Kosmos Energy Ltd ordinary shares and sold 1,427,223 ordinary shares.
| Date | 18 Dec 2024 |
| Time | 11:37:32 |
| Category | Holding(s) in company |
| ID | 6110Q |
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FORM 8.5 (EPT/NON-RI) |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
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BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
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KOSMOS ENERGY LTD |
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relevant securities this form relates: |
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(c) |
Name of the party to the offer with which exempt |
TULLOW OIL PLC |
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principal trader is connected |
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(d) |
Date position held/dealing undertaken: |
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17 Dec 2024 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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trader making disclosures in respect of any other party to the offer? |
TULLOW OIL PLC |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
Convertible Bond US500688AG18 |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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300,000 |
0.06% |
0 |
0.00% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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0 |
0.00% |
0 |
0.00% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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300,000 |
0.06% |
0 |
0.00% |
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Class of relevant security: |
USD 0.01 ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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5,482,837 |
1.16% |
1,882,534 |
0.40% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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6,695,620 |
1.42% |
5,896,600 |
1.25% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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2,948,300 |
0.62% |
2,948,300 |
0.62% |
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TOTAL: |
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15,126,757 |
3.21% |
10,727,434 |
2.27% |
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(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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security |
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securities |
paid/received |
paid/received |
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USD 0.01 ordinary |
Purchase |
1,515,101 |
3.2474 USD |
3.0000 USD |
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USD 0.01 ordinary |
Sale |
1,427,223 |
3.2494 USD |
3.0050 USD |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the exempt principal trader making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
YES |
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Date of disclosure: |
18 Dec 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO |
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PURCHASE OR SELL ETC. |
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Note 5(i) on Rule 8 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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Identity of the person whose positions/dealings |
BARCLAYS CAPITAL SECURITIES LTD |
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are being disclosed: |
|||||||
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Name of offeror/offeree in relation to whose |
KOSMOS ENERGY LTD |
||||||
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relevant securities this from relates: |
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2. |
OPTIONS AND DERIVATIVES |
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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 |
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Put Options |
Purchased |
-2,948,300 |
3.8900 |
European |
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Call Options |
Purchased |
2,948,300 |
3.8900 |
European |
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Call Options |
Purchased |
2,948,300 |
4.0845 |
European |
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Call Options |
Written |
-2,948,300 |
4.0845 |
European |
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Call Options |
Written |
-2,948,300 |
3.8900 |
European |
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Put Options |
Written |
2,948,300 |
3.8900 |
European |
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3. |
AGREEMENTS TO PURCHASE OR SELL ETC. |
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Full details should be given so that the nature of the interest or position can be fully understood: |
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