Form 8.3 - AFREN PLC

23rd Dec 2014 14:59

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)		Identity of the person whose positions/dealings		Barclays PLC.
		are being disclosed:
(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:		22 December 2014
(f)		Has the discloser previously disclosed, or are		NO
		they today disclosing, under the Code in respect
		of any other party to this offer?

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:		16,559,864		1.50%		9,996,338		0.90%
(2)		Derivatives (other than
		options):		7,377,781		0.67%		15,855,652		1.43%
(3)		Options and agreements to
		purchase/sell:		0		0.00%		0		0.00%
		TOTAL:		23,937,645		2.16%		25,851,990		2.33%

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, 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 executive options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

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.

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a) Purchases and sales

Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
ORD		Purchase		1,281		0.4966 GBP
ORD		Purchase		1,569		0.4900 GBP
ORD		Purchase		1,597		0.4882 GBP
ORD		Purchase		1,794		0.5080 GBP
ORD		Purchase		2,158		0.5362 GBP
ORD		Purchase		2,860		0.5075 GBP
ORD		Purchase		3,051		0.5150 GBP
ORD		Purchase		3,477		0.4885 GBP
ORD		Purchase		4,536		0.5050 GBP
ORD		Purchase		6,562		0.5520 GBP
ORD		Purchase		7,340		0.5165 GBP
ORD		Purchase		7,342		0.5065 GBP
ORD		Purchase		7,441		0.5040 GBP
ORD		Purchase		7,722		0.5085 GBP
ORD		Purchase		10,429		0.5030 GBP
ORD		Purchase		10,792		0.5060 GBP
ORD		Purchase		12,338		0.5100 GBP
ORD		Purchase		12,370		0.5010 GBP
ORD		Purchase		21,938		0.5383 GBP
ORD		Purchase		23,766		0.5132 GBP
ORD		Purchase		28,214		0.5035 GBP
ORD		Purchase		30,400		0.4910 GBP
ORD		Purchase		44,194		0.5185 GBP
ORD		Purchase		57,738		0.5187 GBP
ORD		Purchase		67,418		0.5347 GBP
ORD		Purchase		97,000		0.5016 GBP
ORD		Purchase		102,625		0.5228 GBP
ORD		Purchase		150,482		0.4986 GBP
ORD		Purchase		251,153		0.5247 GBP
ORD		Purchase		288,503		0.5200 GBP
ORD		Purchase		412,686		0.5063 GBP
ORD		Purchase		1,431,031		0.5049 GBP
ORD		Sale		1,200		0.5292 GBP
ORD		Sale		1,281		0.4966 GBP
ORD		Sale		1,569		0.4900 GBP
ORD		Sale		1,597		0.4882 GBP
ORD		Sale		1,794		0.5080 GBP
ORD		Sale		2,860		0.5075 GBP
ORD		Sale		3,051		0.5150 GBP
ORD		Sale		3,281		0.5520 GBP
ORD		Sale		3,477		0.4885 GBP
ORD		Sale		5,275		0.4884 GBP
ORD		Sale		7,342		0.5065 GBP
ORD		Sale		7,441		0.5040 GBP
ORD		Sale		7,722		0.5085 GBP
ORD		Sale		10,000		0.5134 GBP
ORD		Sale		10,000		0.5273 GBP
ORD		Sale		10,792		0.5060 GBP
ORD		Sale		12,338		0.5100 GBP
ORD		Sale		12,370		0.5010 GBP
ORD		Sale		14,680		0.5165 GBP
ORD		Sale		21,938		0.5383 GBP
ORD		Sale		28,214		0.5035 GBP
ORD		Sale		39,536		0.5685 GBP
ORD		Sale		53,182		0.5030 GBP
ORD		Sale		78,596		0.5050 GBP
ORD		Sale		89,380		0.5117 GBP
ORD		Sale		192,916		0.5131 GBP
ORD		Sale		228,166		0.5182 GBP
ORD		Sale		240,033		0.5042 GBP
ORD		Sale		250,621		0.5057 GBP
ORD		Sale		272,899		0.5103 GBP
ORD		Sale		415,624		0.5079 GBP
ORD		Sale		707,485		0.5034 GBP
ORD		Sale		2,757,264		0.5114 GBP

(b) Derivatives transactions (other than options)

Class of		Product		Nature of dealing		Number of		Price per
relevant		description				reference		unit
security						securities
ORD		CFD		Long		4,277		0.4923 GBP
ORD		CFD		Long		40,000		0.5081 GBP
ORD		CFD		Long		138,240		0.5046 GBP
ORD		SWAP		Long		228,166		0.5182 GBP
ORD		SWAP		Long		692,162		0.5103 GBP
ORD		SWAP		Long		1,357,176		0.5132 GBP
ORD		CFD		Long		1,167,721		0.5089 GBP
ORD		CFD		Short		7,266		0.5130 GBP
ORD		SWAP		Short		7,341		0.4935 GBP
ORD		CFD		Short		9,069		0.5079 GBP
ORD		CFD		Short		9,833		0.5090 GBP
ORD		CFD		Short		10,000		0.4941 GBP
ORD		CFD		Short		30,000		0.5109 GBP
ORD		CFD		Short		31,297		0.5114 GBP
ORD		CFD		Short		32,680		0.5026 GBP
ORD		CFD		Short		150,482		0.4986 GBP
ORD		SWAP		Short		461,510		0.5085 GBP

(c) Options transactions in respect of existing securities

(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) Exercising

Class of relevant security

Product description e.g. call option

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)

The currency of all prices and other monetary amounts should be stated.

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.

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: If there are no such agreements, arrangements or understandings, state “none”

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”

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?		NO
Date of disclosure:		23 Dec 2014
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 [email protected]. 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.

Copyright Business Wire 2014

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