Become a Member

Track your favourite stocks
Create & monitor portfolios
Daily portfolio value

Company	Chg	Chg %
Quickpicks
£	%
Add shares to your quickpicks to display them here!

Rule 2.10 Announcement

2nd Dec 2014 17:52

RNS Number : 6682Y

Ophir Energy Plc

02 December 2014

Ophir Energy plc

Rule 2.10 Announcement and Buyback of Own Shares

London, 2 December 2014: Ophir Energy plc (the "Company") announces that it has purchased the following number of ordinary shares of 0.25 pence each:

Date of purchase	2 December 2014
Number of shares purchased	220,000
Highest price per share (pence)	144.50
Lowest price per share (pence)	141.20
Daily VWAP (pence)	142.66

A breakdown of the prices at which these shares were purchased is set out at the end of this announcement below. The purchased shares will be all held as treasury shares. Following the purchase of these shares, the Company holds 10,005,023 of its own shares in treasury which have yet to settle.

The Company has 583,321,421 shares in issue (excluding the shares held in treasury). This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Ophir under the Financial Conduct Authority's Disclosure and Transparency Rules.

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code"), the Company confirms that, as at the close of business on 2 December 2014, it had in issue 583,321,421ordinary shares (excluding the shares held in treasury) of 0.25 pence each with ISIN number GB00B24CT194.

Share buyback breakdown

Number of ordinary shares of 0.25p purchased

Price per share (pence)

382	144.5
382	144.5
383	144.5
382	144.5
1709	144.4
534	144.4
382	144.4
382	144.4
384	144.4
382	144.4
1837	144.35
2458	144.25
1792	144.1
688	144.1
436	144.1
437	144.1
89	144.1
349	144.1
436	144.1
1880	144.05
738	144
738	144
740	144
739	144
1244	144
409	143.9
408	143.9
411	143.9
307	143.9
307	143.9
308	143.9
307	143.9
871	143.9
871	143.9
100	143.9
438	143.9
100	143.9
238	143.9
440	143.9
46	143.9
46	143.9
147	143.9
62	143.9
69	143.9
68	143.9
1133	143.8
100	143.8
1425	143.8
90	143.8
104	143.8
990	143.8
990	143.8
53	143.8
10	143.8
43	143.8
459	143.8
307	143.6
307	143.6
309	143.6
307	143.6
208	143.5
210	143.5
103	143.5
105	143.5
1713	143.45
100	143.4
580	143.4
480	143.4
582	143.4
326	143.4
261	143.4
65	143.4
328	143.4
327	143.4
1912	143.3
1846	143.3
100	143.3
482	143.3
584	143.3
582	143.3
520	143.3
579	143.3
61	143.3
237	143.3
346	143.3
437	143.3
409	143.2
409	143.2
411	143.2
16	143.2
200	143.2
675	143.2
874	143.2
584	143.2
585	143.2
583	143.2
2199	143.15
409	143.1
409	143.1
411	143.1
493	143.1
493	143.1
494	143.1
1730	143.05
2019	143
2025	142.95
1842	142.95
1847	142.9
492	142.9
1	142.9
493	142.9
495	142.9
1732	142.85
1750	142.85
2143	142.85
1830	142.85
447	142.8
673	142.8
112	142.8
366	142.8
92	142.8
780	142.8
290	142.8
314	142.8
145	142.8
122	142.8
436	142.8
434	142.8
437	142.8
436	142.8
1	142.8
459	142.75
1795	142.75
1800	142.75
2051	142.75
806	142.7
571	142.7
615	142.7
614	142.7
1743	142.7
1785	142.7
658	142.7
242	142.7
658	142.7
417	142.7
858	142.7
749	142.7
109	142.7
660	142.7
861	142.7
197	142.7
694	142.7
366	142.7
900	142.7
809	142.7
2201	142.65
1768	142.6
409	142.6
1833	142.6
745	142.6
745	142.6
748	142.6
745	142.6
827	142.6
827	142.6
828	142.6
827	142.6
1824	142.6
1824	142.55
460	142.5
459	142.5
435	142.5
435	142.5
108	142.5
329	142.5
436	142.5
583	142.5
2297	142.45
1915	142.45
645	142.4
458	142.4
308	142.4
411	142.4
408	142.4
409	142.4
459	142.4
2091	142.35
1790	142.35
1752	142.35
1824	142.35
1752	142.35
1548	142.35
2047	142.35
1429	142.3
230	142.3
230	142.3
231	142.3
230	142.3
68	142.3
580	142.3
108	142.3
582	142.3
121	142.3
160	142.3
29	142.3
162	142.3
1719	142.3
1741	142.25
2097	142.25
2266	142.25
4363	142.25
1753	142.25
1716	142.25
245	142.2
308	142.2
435	142.2
445	142.2
862	142.2
398	142.2
350	142.2
47	142.2
397	142.2
2091	142.2
2112	142.15
1960	142.15
1802	142.15
763	142.15
307	142.1
435	142.1
438	142.1
435	142.1
434	142.1
112	142.1
438	142.1
582	142.1
146	142.1
144	142.1
145	142.1
438	142.1
681	142.1
623	142.1
584	142.1
1774	142.05
17	142
436	142
437	142
435	142
397	142
12	142
14	142
6	142
3	142
1724	142
320	142
436	142
437	142
116	142
1734	141.95
1734	141.95
7643	141.95
2102	141.95
580	141.9
580	141.9
146	141.9
49	141.9
871	141.8
77	141.8
267	141.8
264	141.8
1974	141.75
2229	141.7
1247	141.6
627	141.6
1884	141.55
360	141.5
438	141.5
76	141.5
436	141.5
436	141.5
435	141.5
438	141.5
435	141.5
434	141.5
1936	141.45
436	141.3
436	141.3
436	141.3
438	141.3
1775	141.25
2146	141.2
1743	141.2

Ends

For Further Enquiries please contact:

Ophir Energy plc +44 (0)20 7811 2400

Nick Cooper, CEO

Chandrika Kher, Company Secretary

Brunswick Group +44 (0)20 7404 5959

Patrick Handley

Marleen Geerlof

Notes to Editors

Ophir Energy (OPHR.LN) is an, upstream oil and gas exploration company which is a member of the FTSE 250. The Group's headquarters are located in London (England), with operational offices in Perth (Australia), Malabo (Equatorial Guinea), Dar es Salaam and Mtwara (Tanzania), Libreville (Gabon) and Nairobi (Kenya).

For further information on Ophir, please refer to www.ophir-energy.com

Disclosure requirements of the Takeover Code (the "Code")

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at http://www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, you should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129.

This information is provided by RNS

The company news service from the London Stock Exchange

END

RTTUGGGAPUPCGMP

Related Shares:

FTSE 100 Latest

Value8,328.60

Change52.94