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: 27 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: 29,998,925 2.71% 22,405,034 2.02%
           
(2) Cash-settled derivatives:
7,802,558 0.70% 26,748,354 2.42%
           
(3) Stock-settled derivatives (including options)
and agreements to purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 37,801,483 3.41% 49,153,388 4.44%

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 17,000 0.0558 GBP
ORD Purchase 40,000 0.0600 GBP
ORD Purchase 43,000 0.0562 GBP
ORD Purchase 72,401 0.0574 GBP
ORD Purchase 114,783 0.0662 GBP
ORD Purchase 126,938 0.0720 GBP
ORD Purchase 156,769 0.0627 GBP
ORD Purchase 192,395 0.0705 GBP
ORD Purchase 224,301 0.0590 GBP
ORD Purchase 699,840 0.0653 GBP
ORD Purchase 699,970 0.0796 GBP
ORD Purchase 1,474,343 0.0698 GBP
ORD Purchase 2,368,796 0.0691 GBP
ORD Purchase 2,733,036 0.0735 GBP
ORD Purchase 5,080,476 0.0667 GBP
ORD Purchase 6,356,991 0.0737 GBP
ORD Sale 621 0.0734 GBP
ORD Sale 2,206 0.0667 GBP
ORD Sale 4,000 0.0760 GBP
ORD Sale 5,510 0.0574 GBP
ORD Sale 5,930 0.0681 GBP
ORD Sale 6,000 0.0637 GBP
ORD Sale 6,248 0.0731 GBP
ORD Sale 6,989 0.0580 GBP
ORD Sale 12,074 0.0820 GBP
ORD Sale 12,376 0.0800 GBP
ORD Sale 18,757 0.0797 GBP
ORD Sale 106,242 0.0700 GBP
ORD Sale 263,381 0.0641 GBP
ORD Sale 308,600 0.0887 GBP
ORD Sale 383,125 0.0714 GBP
ORD Sale 507,824 0.0695 GBP
ORD Sale 727,000 0.0835 GBP
ORD Sale 1,104,015 0.0627 GBP
ORD Sale 1,243,174 0.0698 GBP
ORD Sale 1,488,474 0.0691 GBP
ORD Sale 2,946,353 0.0643 GBP
ORD Sale 3,872,240 0.0751 GBP
ORD Sale 4,552,199 0.0684 GBP
ORD Sale 4,638,991 0.0630 GBP
ORD Sale 5,169,178 0.0665 GBP

(b) Cash-settled derivative transactions

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD CFD Long 250,000 0.0550 GBP
ORD SWAP Long 340,184 0.0646 GBP
ORD SWAP Long 1,150,478 0.0705 GBP
ORD SWAP Short 916,009 0.0659 GBP
ORD SWAP Short 1,315,273 0.0734 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: 28 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: 450514
Time of Receipt (offset from UTC): 20150128T130728+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC