Form 8.5 (EPT/NON-RI)

RNS Number : 4654X

Cenkos Securities PLC

15 February 2012

 



`FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Name of exempt principal trader:	Cenkos Securities Plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Cove Energy Plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Cove Energy Plc
(d) Date position held/dealing undertaken:	14th February 2012
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?	NO

2.         POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:	Ordinary 1p
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	78138	0	0	0
(2) Derivatives (other than options):	0	0	0	0
(3) Options and agreements to purchase/sell:	0	0	0	0
TOTAL:	78138	0	0	0

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(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3.         DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)        Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
1p Ordinary Shares	Purchase	4000	145.70
1p Ordinary Shares	Purchase	130000	145.75
1p Ordinary Shares	Purchase	15716	146.50
1p Ordinary Shares	Purchase	15000	146.54
1p Ordinary Shares	Purchase	10000	146.75
1p Ordinary Shares	Purchase	50000	147.00
1p Ordinary Shares	Purchase	10000	147.50
1p Ordinary Shares	Purchase	380815	148.00
1p Ordinary Shares	Purchase	350000	148.25
1p Ordinary Shares	Purchase	73049	148.50
1p Ordinary Shares	Purchase	10000	148.62
1p Ordinary Shares	Purchase	2000	148.75
1p Ordinary Shares	Purchase	10000	148.79
1p Ordinary Shares	Purchase	280000	149.00
1p Ordinary Shares	Purchase	100000	149.75
1p Ordinary Shares	Purchase	11296	150.00
1p Ordinary Shares	Purchase	17699	150.50
1p Ordinary Shares	Sale	25000	145.75
1p Ordinary Shares	Sale	10000	145.97
1p Ordinary Shares	Sale	4912	146.00
1p Ordinary Shares	Sale	6528	146.50
1p Ordinary Shares	Sale	84422	147.00
1p Ordinary Shares	Sale	3199	147.50
1p Ordinary Shares	Sale	20000	147.75
1p Ordinary Shares	Sale	600	147.88
1p Ordinary Shares	Sale	336301	148.00
1p Ordinary Shares	Sale	263226	148.25
1p Ordinary Shares	Sale	9683	148.40
1p Ordinary Shares	Sale	1000	148.45
1p Ordinary Shares	Sale	181046	148.50
1p Ordinary Shares	Sale	1949	148.70
1p Ordinary Shares	Sale	5992	148.75
1p Ordinary Shares	Sale	325	148.95
1p Ordinary Shares	Sale	15000	148.96
1p Ordinary Shares	Sale	366861	149.00
1p Ordinary Shares	Sale	29839	149.25
1p Ordinary Shares	Sale	50000	149.50
1p Ordinary Shares	Sale	15000	149.75
1p Ordinary Shares	Sale	15000	150.00
1p Ordinary Shares	Sale	6940	150.75

Total Purchases         1469575

Total Sales                 1452823

(b)        Derivatives transactions (other than options)

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit

(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(b), 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 exempt principal trader 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 exempt principal trader 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:	15th February 2012
Contact name:	Toni Stone
Telephone number:	0207 397 8982

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 [e-mail].  The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

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

 

END

 

 

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