TIDMNPE

RNS Number : 3617J

Nautical Petroleum PLC

06 August 2012

FORM 8 (DD)

PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS)

Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code")

   1.         KEY INFORMATION 
 
 (a) Identity of the party to the offer or person acting in concert making the disclosure:      Stephen Jenkins 
---------------------------------------------------------------------------------------------  ----------------------- 
 (b) Owner or controller of interests and short positions disclosed, if different from 1(a):    As above 
---------------------------------------------------------------------------------------------  ----------------------- 
 (c) Name of offeree in relation to whose relevant securities this form relates:                Nautical Petroleum plc 
---------------------------------------------------------------------------------------------  ----------------------- 
 (d) Status of person making the disclosure:                                                    Director of offeree 
---------------------------------------------------------------------------------------------  ----------------------- 
 (e) Date dealing undertaken:                                                                   6 August 2012 
---------------------------------------------------------------------------------------------  ----------------------- 
 (f) Has the party previously disclosed, or is it today disclosing, under the Code in respect   NO 
  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

 
 Class of relevant security: 
--------------------------------------------------  ------------------------------------- 
                                                        Interests        Short positions 
--------------------------------------------------  -----------------  ------------------ 
                                                      Number      %        Number      % 
--------------------------------------------------  ----------  -----  -------------  --- 
 (1) Relevant securities owned and/or controlled:    2,333,096   2.54       N/A 
--------------------------------------------------  ----------  -----  -------------  --- 
 (2) Derivatives (other than options):                  N/A                 N/A 
--------------------------------------------------  ----------  -----  -------------  --- 
 (3) Options and agreements to purchase/sell:           Nil                 N/A 
--------------------------------------------------  ----------  -----  -------------  --- 
 
  TOTAL: 
--------------------------------------------------  ----------  -----  -------------  --- 
 

(b) Rights to subscribe for new securities (including directors' and other executive options)

 
 Class of relevant security in relation to which subscription right exists:    N/A 
----------------------------------------------------------------------------  ---- 
 Details, including nature of the rights concerned and relevant percentages:   N/A 
----------------------------------------------------------------------------  ---- 
 
   3.         DEALINGS BY THE PERSON MAKING THE DISCLOSURE 
   (a)        Purchases and sales 
 
 Class of relevant security   Purchase/sale   Number of securities   Price per unit 
---------------------------  --------------  ---------------------  --------------- 
 N/A                          N/A             N/A                    N/A 
---------------------------  --------------  ---------------------  --------------- 
 
   (b)        Derivatives transactions (other than options) 
 
    Class of relevant       Product description      Nature of dealing         Number of reference      Price per unit 
         security                 e.g. CFD         e.g. opening/closing a           securities 
                                                    long/short position, 
                                                   increasing/reducing a 
                                                    long/short position 
-------------------------  --------------------  -------------------------  -------------------------  --------------- 
 N/A                        N/A                   N/A                        N/A                        N/A 
-------------------------  --------------------  -------------------------  -------------------------  --------------- 
 
   (c)        Options transactions in respect of existing securities 
   (i)         Writing, selling, purchasing or varying 
 
   Class of       Product        Writing,      Number of       Exercise          Type       Expiry date   Option money 
   relevant     description    purchasing,     securities      price per         e.g.                        paid/ 
   security      e.g. call       selling,       to which         unit         American,                   received per 
                   option      varying etc.      option                        European                       unit 
                                                relates                          etc. 
-------------  -------------  -------------  -------------  --------------  -------------  ------------  ------------- 
 N/A            N/A            N/A            N/A            N/A             N/A            N/A           N/A 
-------------  -------------  -------------  -------------  --------------  -------------  ------------  ------------- 
 
   (ii)        Exercising 
 
    Class of relevant security       Product description    Number of securities   Exercise price per unit 
                                       e.g. call option 
----------------------------------  ---------------------  ---------------------  ------------------------ 
 Ordinary Shares of 20 pence each    Employee Option              250,000                   80.00 
----------------------------------  ---------------------  ---------------------  ------------------------ 
 Ordinary Shares of 20 pence each    Employee Option              300,000                  220.00 
----------------------------------  ---------------------  ---------------------  ------------------------ 
 Ordinary Shares of 20 pence each    Employee Option              125,000                  177.00 
----------------------------------  ---------------------  ---------------------  ------------------------ 
 Ordinary Shares of 20 pence each    Employee Option              150,000                  211.00 
----------------------------------  ---------------------  ---------------------  ------------------------ 
 Ordinary Shares of 20 pence each    Employee Option              150,000                   26.75 
----------------------------------  ---------------------  ---------------------  ------------------------ 
 Ordinary Shares of 20 pence each    Employee Option              150,000                   57.50 
----------------------------------  ---------------------  ---------------------  ------------------------ 
 Ordinary Shares of 20 pence each    Employee Option              150,000                  433.00 
----------------------------------  ---------------------  ---------------------  ------------------------ 
 Ordinary Shares of 20 pence each    Employee Option              150,000                  323.25 
----------------------------------  ---------------------  ---------------------  ------------------------ 
 
   (d)        Other dealings (including subscribing for new securities) 
 
 Class of relevant security         Nature of dealing          Details   Price per unit (if applicable) 
                               e.g. subscription, conversion 
---------------------------  -------------------------------  --------  ------------------------------- 
 N/A                          N/A                              N/A       N/A 
---------------------------  -------------------------------  --------  ------------------------------- 
 
   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 party to the offer or person acting in concert making the 
  disclosure and any other person: 
  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 party 
  to the offer or person acting in concert 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 

Are any Supplemental Forms attached?

 
 Supplemental Form 8 (Open Positions)   NO 
-------------------------------------  --- 
 Supplemental Form 8 (SBL)              NO 
-------------------------------------  --- 
 
 
 Date of disclosure:    6 August 2012 
---------------------  -------------- 
 Contact name:          Will Mathers 
---------------------  -------------- 
 Telephone number:      020 7647 0120 
---------------------  -------------- 
 

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 monitoring@disclosure.org.uk. 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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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