Investohills Enterprises Limited
LSE : TTM

January 10, 2011 05:06 ET

Form 8.3 - [Regal Petroleum]

                                                                                                     
                                                                                         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) Identity of the person whose positions/dealings are being    Investohills
    disclosed:
(b) Owner or controller of interests and short positions         Andriy Volkov
    disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is
    insufficient
(c) Name of offeror/offeree in relation to whose relevant        Regal Petroleum
    securities this form relates:
    Use a separate form for each offeror/offeree
(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:                       07/01/2011 *Person disclosing has
                                                                 dealt on previous days during the
                                                                 offer period. See end of form.
(f)Has the discloser previously disclosed, or are they today    NO
   disclosing, under the Code in respect 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 (if any)

Class of relevant security:                                       5p ord

                                                 Interests                   Short positions

                                               Number           %            Number           %
(1) Relevant securities owned and/or       29,881,823        9.40                            
    controlled:
(2) Derivatives (other than options):      19,254,083        6.05        39,696,946       12.48
                                                                 
(3) Options and agreements to                                                                      
    purchase/sell:
    TOTAL:                                 49,135,906       15.45        39,696,946       12.48
   

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

3.      DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)     Purchases and sales

  Class of relevant           Purchase/sale        Number of securities         Price per unit
       security                     
       5p ord                   Purchase                 8 241 994                 0,2469

(b)     Derivatives transactions (other than options)

Class of relevant      Product            Nature of dealing          Number of      Price per unit
    security         description       e.g. opening/closing a        reference
                      e.g. CFD          long/short position,         securities
                                        increasing/reducing a
                                         long/short position
   5p ord             TRS               Increasing SHORT              8 241 994        0,2493

(c)     Options transactions in respect of existing securities

(i)     Writing, selling, purchasing or varying

Class of      Product        Writing,       Number of    Exercise       Type      Expiry      Option
relevant    description     purchasing,    securities   price per       e.g.       date       money
security     e.g. call       selling,       to which       unit      American,                paid/
              option       varying etc.      option                   European               received
                                             relates                    etc.                 per unit
                                                                                            

(ii)    Exercising

  Class of relevant        Product description     Number of securities       Exercise price per
       security             e.g. call option                                         unit
                                                                            
                                                                            

(d)     Other dealings (including subscribing for new securities)

 Class of relevant           Nature of dealing                Details          Price per unit (if
      security         e.g. subscription, conversion                               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(c), 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 person 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 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:                               24 Dec 2010
Contact name:                                     Elena Ivchenko
Telephone number:                                 +380 44 379 1001
                                                  +380 95 270 2494

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.


*3.     DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(previous trading)

(a)     Purchases and sales

      DATE          Class of relevant     Purchase/sale         Number of         Price per unit
                         security                               securities
      23/12               5p ord              Purchase            1 840 593            0,26175
      24/12               5p ord              Purchase            164 253              0,2623
      30/12               5p ord              Purchase            607 970              0,25511
      31/12               5p ord              Purchase            400 000              0,2592
      04/01               5p ord              Purchase            994 623              0,24819
      05/01               5p ord              Purchase            3 000 000            0,2493
      06/01               5p ord              Purchase            650 000              0,2487

(b)     Derivatives transactions (other than options)

    DATE           Class of        Product        Nature of dealing      Number of      Price per
                   relevant      description    e.g. opening/closing a   reference        unit
                   security       e.g. CFD       long/short position,    securities
                                                increasing/reducing a
                                                 long/short position
  23/12           5p ord          TRS             Increasing SHORT        1 840 593      0,2643
  24/12           5p ord          TRS             Increasing SHORT        164 253        0,2649
  04/01           5p ord          TRS             Increasing SHORT        393 633        0,2484
  05/01           5p ord          TRS             Increasing SHORT        3 000 000      0,2518
  06/01           5p ord          TRS             Increasing SHORT        650 000        0,2512

Contact Information

  • Investohills Enterprises Limited