RNS


Toscafund Asset Management LLP Form 8.3 - San Leon Energy PLC    

TIDMSLE


    

RNS Number : 4675W


    

Toscafund Asset Management LLP


    

09 February 2017


    

FORM 8.3


    

IRISH TAKEOVER PANEL


    

DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013


    

DEALINGS BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE


    
1.       KEY INFORMATION 

Name of person dealing Toscafund Asset Management
(Note 1) LLP
====================== ==========================
Company dealt in San Leon Energy plc
====================== ==========================
Class of relevant Ordinary shares
security to which
the dealings being
disclosed relate
(Note 2)
====================== ==========================
Date of dealing 8 February 2017
====================== ==========================


2. INTERESTS AND SHORT POSITIONS


(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)

    
Long               Short 
=========================== ================= ===================
Number (%) Number (%)
=========================== ========= ====== =========== ======
252,851,855
(1) Relevant securities (56.19%)
=========================== ================= ===================
(2) Derivatives (other
than options)
=========================== ================= ===================
(3) Options and agreements
to purchase/sell
=========================== ================= ===================
252,851,855
Total (56.19%)

=========================== ================= ===================


(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

    
Class of relevant                          Long               Short 
security:
============================= ================= ===================
Number (%) Number (%)
============================= ========= ====== =========== ======
(1) Relevant securities
============================= ================= ===================

(2) Derivatives (other 1,131,784
than options) (0.25%)
============================= ================= ===================

(3) Options and agreements 10,000,000
to purchase/sell (2.22%)
============================= ================= ===================
10,000,000 1,131,784
Total (2.22%) (0.25%)
============================= ================= ===================


1. DEALINGS (Note 4)
(a) Purchases and sales


Purchase/sale Number of relevant Price per
securities unit (Note
5)
=============== =========================== ================
Purchase 4,151 GBP 0.5375
=============== =========================== ================
Purchase 1,150,000 GBP 0.5388
=============== =========================== ================
Purchase 341,080 GBP 0.5400
=============== =========================== ================

(b) Derivatives transactions (other than options transactions)

Product Nature of Number of relevant Price
name, transaction securities per unit
e.g. CFD (Note 6) (Note 7) (Note
5)
========= ============ ================== ==========


(c) Options transactions in respect of existing relevant securities
(i) Writing, selling, purchasing or varying

Product Writing, Number Exercise Type, Expiry Option
name, selling, of securities price e.g. date money
e.g. purchasing, to which American, paid/received
call varying the option European per unit
option etc. relates etc. (Note
(Note 5)
7)
======= ============ ============== ======== ========== ====== ==============


(ii) Exercising

Product name, Number of securities Exercise price
e.g. call per unit (Note
option 5)
============= =========================== ===================


(d) Other dealings (including transactions in respect of new securities) (Note 4)

Nature of Details Price per
transaction unit
(Note 8) (if applicable)
(Note 5)
============ ============== ====================


2. OTHER INFORMATION

    

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any

    

relevant securities to which any derivative referred to on this form is referenced. If none,


    

this should be stated.


    

N/A


    
Is a Supplemental Form 8 attached? (Note 9)                                            YES 

Date of disclosure 9 February 2017
============================ ================
Contact name Jack Patrick
============================ ================
Telephone number +44 20 7845 6100
============================ ================
If a connected EFM,
name of offeree/offeror
with which connected
============================ ================
If a connected EFM,
state nature of connection
(Note 10)
============================ ================

    

SUPPLEMENTAL FORM 8



IRISH TAKEOVER PANEL


DISCLOSURE UNDER RULE 8.1 AND RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013


DETAILS OF OPEN POSITIONS


(This form should be attached to Form 8.1(a) & (b)(i), Form 8.1(b)(ii) or Form 8.3, as appropriate)

    

OPEN POSITIONS (Note 1)


    
Product   Written,        Number of       Exercise  Type,             Expiry 
name, or purchased relevant price e.g. American, date
e.g. securities (Note European
call to which 2) etc.
option the option
or derivative
relates
======== ============== =============== ======== =============== ==========
Warrants 21/09/2016 10,000,000 GBP European 21/09/2023
0.2500
======== ============== =============== ======== =============== ==========


Notes


1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given.

Full details of any existing agreements to purchase or to sell must also be given on this form.

    
2.          For all prices and other monetary amounts, the currency must be stated.

For full details of disclosure requirements, see Rule 8 of the Rules. If in doubt, consult the Panel.

    

This information is provided by RNS


    

The company news service from the London Stock Exchange


    

END


    

ISETLMBTMBAMBBR


    

(END) Dow Jones Newswires


    

February 09, 2017 10:00 ET (15:00 GMT)




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