Form 8 (OPD) - Capricorn Energy plc
Capricorn Energy PLC, as the offeree in a takeover situation, has disclosed its public opening position as of March 23, 2026, reporting nil interests and nil short positions in its ordinary shares. However, the disclosure also details equity awards granted to director Randy Neely under the Long-Term Incentive Plan, Deferred Bonus Scheme, and Share Incentive Plan, with vesting dates ranging from April 2027 to July 2028 and holding periods extending to 2035, all with nil exercise prices. There are no other disclosed agreements, arrangements, or understandings relating to options or derivatives.
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Rules 8.1 and 8.2 of the Takeover Code (the "Code")
KEY INFORMATION
| (a) Full name of discloser: | CAPRICORN ENERGY PLC |
| (d) Is the discloser the offeror or the offeree? | OFFEREE |
| (e) Date position held: The latest practicable date prior to the disclosure | 23 March 2026 |
POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
| Class of relevant security: | Ordinary shares of 799/122 pence each | |||
| Interests | Short positions | |||
| Number | % | Number | % | |
| (1) Relevant securities owned and/or controlled: | Nil | - | Nil | - |
| (2) Cash-settled derivatives: | Nil | - | Nil | - |
| TOTAL: | Nil | - | Nil | - |
All interests and all short positions should be disclosed.
Rights to subscribe for new securities
| Class of relevant security in relation to which subscription right exists: | Nil |
| Details, including nature of the rights concerned and relevant percentages: | N/A |
- POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
- Options and awards held by directors of Capricorn Energy PLC: Name Number of Capricorn Energy shares awarded Date of grant Date of vesting End of holding period Anticipated date of lapse Exercise price LTIP Randy Neely 538,502 28 July 2023 28 July 2026 28 July 2028 28 July 2033 Nil 571,428 2 April 2024 2 April 2027 2 April 2029 2 April 2034 Nil 413,564 3 April 2025 3 April 2028 3 April 2030 3 April 2035 Nil Deferred Bonus Scheme Randy Neely 37,164 2 April 2024 2 April 2027 N/A 2 April 2034 Nil 55,572 3 April 2025 3 April 2025 N/A 3 April 2035 Nil Share Incentive Plan Randy Neely 4,395 September 2023 - April 2024 N/A Holding period of 3 years from date of award N/A N/A
- OTHER INFORMATION
- Indemnity and other dealing arrangements
None.
- Agreements, arrangements or understandings relating to options or derivatives
None.
Attachments
Are any Supplemental Forms attached?
| Supplemental Form 8 (Open Positions) | NO |
| Supplemental Form 8 (SBL) | NO |
| Date of disclosure: | 24 March 2026 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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