Form 8.3 - AFREN PLC

LONDON--()--

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)   Full name of discloser:   Barclays PLC.
     
(b) Owner or controller of interest and short
  positions disclosed, if different from 1(a):  
(c) Name of offeror/offeree in relation to whose AFREN PLC
  relevant securities this form relates:  
(d) If an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
  offeror/offeree:  
(e) Date position held/dealing undertaken: 7 January 2015
(f) In addition to the company in 1(c) above, is the discloser making YES:
  disclosures in respect of any other party to the offer? SEPLAT PETROLEUM DEVT CO PLC

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:   ORD
  Interests   Short Positions
    Number   (%) Number   (%)
(1) Relevant securities owned
and/or controlled: 16,923,745 1.53% 9,605,402 0.87%
           
(2) Cash-settled derivatives:
7,082,807 0.64% 16,434,152 1.48%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 24,006,552 2.17% 26,039,554 2.35%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee 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 PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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   Purchase/sale   Number of   Price per unit
security   securities  
ORD Purchase 1,398 0.3937 GBP
ORD Purchase 1,411 0.4030 GBP
ORD Purchase 2,400 0.4256 GBP
ORD Purchase 2,921 0.4200 GBP
ORD Purchase 3,145 0.4125 GBP
ORD Purchase 4,410 0.4140 GBP
ORD Purchase 32,647 0.4051 GBP
ORD Purchase 41,990 0.4136 GBP
ORD Purchase 99,206 0.4231 GBP
ORD Purchase 104,283 0.4074 GBP
ORD Purchase 130,869 0.4101 GBP
ORD Purchase 147,022 0.4112 GBP
ORD Purchase 176,262 0.4106 GBP
ORD Purchase 271,238 0.4082 GBP
ORD Purchase 523,102 0.4150 GBP
ORD Sale 1,398 0.3937 GBP
ORD Sale 1,411 0.4030 GBP
ORD Sale 2,205 0.4140 GBP
ORD Sale 2,400 0.4256 GBP
ORD Sale 5,842 0.4200 GBP
ORD Sale 10,117 0.4207 GBP
ORD Sale 15,000 0.4294 GBP
ORD Sale 26,648 0.4172 GBP
ORD Sale 30,890 0.4127 GBP
ORD Sale 74,776 0.4097 GBP
ORD Sale 98,416 0.4099 GBP
ORD Sale 112,412 0.4164 GBP
ORD Sale 122,511 0.4085 GBP
ORD Sale 281,268 0.4093 GBP
ORD Sale 317,407 0.4121 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD SWAP Long 44,607 0.4146 GBP
ORD CFD Long 122,511 0.4084 GBP
ORD SWAP Long 741,256 0.4113 GBP
ORD CFD Short 3,191 0.4114 GBP
ORD CFD Short 3,634 0.4260 GBP
ORD CFD Short 48,368 0.3981 GBP
ORD CFD Short 55,915 0.4154 GBP
ORD CFD Short 52,816 0.4031 GBP
ORD CFD Short 133,517 0.4169 GBP
ORD CFD Short 137,721 0.3997 GBP
ORD SWAP Short 180,472 0.4143 GBP
ORD SWAP Short 740,333 0.4133 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

(ii) Exercise

Class of relevant security   Product description

e.g. call option

  Exercising/ exercised against   Number of securities   Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security   Nature of dealing

e.g. subscription, conversion

  Details   Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing 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 person 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”

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person 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”

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   NO
Date of disclosure: 8 Jan 2015
Contact name: Jay Supaya
Telephone number: 0207 773 0635

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Short Name: BARCLAYS PLC
Category Code: RET
Sequence Number: 447616
Time of Receipt (offset from UTC): 20150108T131055+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC