Ophir Energy : Form 8.3 - OPHIR ENERGY PLC

LONDON--(BUSINESS WIRE)--

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		OPHIR ENERGY 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:		15 January 2019
(f)		In addition to the company in 1(c) above, is the discloser making		NO
		disclosures in respect of any other party to the offer?

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:				0.25p ordinary
				Interests				Short Positions
				Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		10,260,289		1.45%		1,081,286		0.15%
(2)		Cash-settled derivatives:
				928,710		0.13%		10,190,185		1.44%
(3)		Stock-settled derivatives (including options)
		and agreements to purchase/sell:		0		0.00%		0		0.00%
		TOTAL:		11,188,999		1.58%		11,271,471		1.59%

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
0.25p ordinary		Purchase		19,727		0.4432 GBP
0.25p ordinary		Purchase		31,469		0.4453 GBP
0.25p ordinary		Purchase		33,051		0.4459 GBP
0.25p ordinary		Purchase		41,207		0.4490 GBP
0.25p ordinary		Purchase		184,920		0.4468 GBP
0.25p ordinary		Purchase		328,262		0.4465 GBP
0.25p ordinary		Sale		11,442		0.4478 GBP
0.25p ordinary		Sale		11,829		0.4410 GBP
0.25p ordinary		Sale		13,615		0.4420 GBP
0.25p ordinary		Sale		16,861		0.4442 GBP
0.25p ordinary		Sale		68,461		0.4475 GBP
0.25p ordinary		Sale		350,000		0.4474 GBP

(b) Cash-settled derivative transactions

Class of		Product		Nature of dealing		Number of		Price per
relevant		description				reference		unit
security						securities
0.25p ordinary		SWAP		Long		3,500		0.4439 GBP
0.25p ordinary		CFD		Long		7,942		0.4494 GBP
0.25p ordinary		CFD		Long		16,861		0.4442 GBP
0.25p ordinary		SWAP		Short		846		0.4489 GBP
0.25p ordinary		SWAP		Short		4,951		0.4490 GBP
0.25p ordinary		CFD		Short		13,009		0.4515 GBP
0.25p ordinary		CFD		Short		18,460		0.4410 GBP
0.25p ordinary		SWAP		Short		19,727		0.4432 GBP
0.25p ordinary		SWAP		Short		159,476		0.4478 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'

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:		16 Jan 2019
Contact name:		Large Holdings Regulatory Operations
Telephone number:		020 3134 7213

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 disclosure requirements on [phone].

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190116005362/en/

BARCLAYS PLC

Source: BARCLAYS PLC