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| Date | 9 Apr 2025 |
| Time | 15:44:56 |
| Category | Holding(s) in company |
| ID | 3739E |
AMENDMENT
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
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(a) Name of exempt principal trader: |
J.P. Morgan Securities Plc |
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(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree |
Serica Energy plc |
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(c) Name of the party to the offer with which exempt principal trader is connected: |
Corporate Broker to Enquest Plc |
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(d) Date dealing undertaken: |
7 April 2025 |
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(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" |
Yes , EnQuest plc |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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 |
Purchases/ sales
|
Total number of securities |
Highest price per unit paid/received |
Lowest price per unit paid/received |
|
USD 0.10 ordinary |
Purchase
Sale |
349,299
623,881 |
1.2620 GBP
1.2620 GBP |
1.1620 GBP
1.1500 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 |
|
USD 0.10 ordinary |
Equity Swap |
Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
|
465 22,295 6,301 14,249 116,254 143 7,761 3,007 4,293
64,626
304 9,874 34,959 20,842 5,837 23,395 44,770 68,603 1 17,122 39,928 9,153 48,635 5,606 157 1 1
36,900 6,558 4,203 7,390 200
89,489 16,511 |
1.1721 GBP 1.1874 GBP 1.1983 GBP 1.2004 GBP 1.2017 GBP 1.2100 GBP 1.2101 GBP 1.2128 GBP 1.2178 GBP
1.2058 GBP
1.1639 GBP 1.1697 GBP 1.1826 GBP 1.1949 GBP 1.1966 GBP 1.1978 GBP 1.1999 GBP 1.2000 GBP 1.2040 GBP 1.2089 GBP 1.2098 GBP 1.2100 GBP 1.2118 GBP 1.2133 GBP 1.2140 GBP 1.2280 GBP 1.2300 GBP
1.1921 GBP 1.1970 GBP 1.2003 GBP 1.2041 GBP 1.2240 GBP
1.2102 GBP 1.2398 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 |
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(ii) Exercise
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Class of relevant security |
Product description e.g. call option |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
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(d) Other dealings (including subscribing for new securities)
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Class of relevant security |
Nature of dealing e.g. subscription, conversion |
Details |
Price per unit (if applicable) |
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3. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
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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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
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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 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 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" |
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None
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Date of disclosure: |
9 April 2025 |
Contact name: |
Hetvi Shah |
Telephone number: |
44 2034 936359 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.