Form 8.5 (EPT/RI) - Amendment - Smith (DS) PLC

Released : Apr 02, 2024

RNS Number : 9974I
GoldmanSachs International
02 April 2024
 

Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 27 March for dealings on 08 March has been updated. Sections 2(a) and 2(b) have been updated.

 

FORM 8.5 (EPT/RI)

 

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

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

 

1.         KEY INFORMATION

 

(a) Name of exempt principal trader:

(GS) GOLDMAN SACHS INTERNATIONAL

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

SMITH (DS) PLC

(c) Name of the party to the offer with which exempt principal trader is connected:

SMITH (DS) PLC

(d) Date dealing undertaken:

08 March 2024

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

     If it is a cash offer or possible cash offer, state "N/A"

YES - disclosed previously for MONDI PLC

 

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a)        Purchases and sales

 

Class of relevant security

Purchases/ sales

 

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

10p ordinary

Purchases

18,127,950

3.5020 GBP

3.0224 GBP

10p ordinary

Sales

15,886,798

3.5070 GBP

3.4180 GBP

 

 

 

(b)        Cash-settled derivative transactions

 

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

10p ordinary

CFD

Increasing a long position

11,119

3.4197 GBP

10p ordinary

CFD

Opening a short position

3,782

3.4200 GBP

10p ordinary

CFD

Reducing a short position

2,440

3.4215 GBP

10p ordinary

CFD

Increasing a short position

247,972

3.4251 GBP

10p ordinary

CFD

Opening a short position

4,832

3.4258 GBP

10p ordinary

CFD

Opening a short position

38,750

3.4258 GBP

10p ordinary

CFD

Opening a short position

2,638

3.4258 GBP

10p ordinary

CFD

Opening a short position

2,643

3.4258 GBP

10p ordinary

CFD

Reducing a long position

797

3.4283 GBP

10p ordinary

CFD

Opening a short position

2,642

3.4311 GBP

10p ordinary

CFD

Opening a short position

2,638

3.4311 GBP

10p ordinary

CFD

Opening a short position

38,750

3.4311 GBP

10p ordinary

CFD

Opening a short position

4,832

3.4311 GBP

10p ordinary

CFD

Increasing a long position

80,604

3.4331 GBP

10p ordinary

CFD

Increasing a short position

21,616

3.4384 GBP

10p ordinary

CFD

Increasing a short position

24,290

3.4384 GBP

10p ordinary

CFD

Increasing a short position

21,596

3.4384 GBP

10p ordinary

CFD

Increasing a short position

132,498

3.4384 GBP

10p ordinary

CFD

Opening a short position

2,638

3.4388 GBP

10p ordinary

CFD

Opening a short position

2,642

3.4388 GBP

10p ordinary

CFD

Opening a short position

4,832

3.4388 GBP

10p ordinary

CFD

Opening a short position

38,750

3.4388 GBP

10p ordinary

CFD

Reducing a short position

110,738

3.4419 GBP

10p ordinary

CFD

Reducing a short position

200,000

3.4419 GBP

10p ordinary

CFD

Reducing a short position

160,494

3.4419 GBP

10p ordinary

CFD

Reducing a short position

189,262

3.4419 GBP

10p ordinary

CFD

Increasing a short position

76,394

3.4459 GBP

10p ordinary

CFD

Reducing a short position

49,225

3.4459 GBP

10p ordinary

CFD

Reducing a short position

138,729

3.4459 GBP

10p ordinary

CFD

Reducing a short position

197,105

3.4459 GBP

10p ordinary

CFD

Reducing a short position

300,000

3.4459 GBP

10p ordinary

CFD

Reducing a short position

30,833

3.4459 GBP

10p ordinary

CFD

Reducing a short position

246,125

3.4459 GBP

10p ordinary

CFD

Reducing a short position

17,922

3.4459 GBP

10p ordinary

CFD

Reducing a short position

4,518

3.4459 GBP

10p ordinary

CFD

Reducing a short position

410,300

3.4459 GBP

10p ordinary

CFD

Reducing a short position

254,107

3.4459 GBP

10p ordinary

CFD

Reducing a short position

234,881

3.4459 GBP

10p ordinary

CFD

Reducing a short position

211,110

3.4459 GBP

10p ordinary

CFD

Increasing a short position

50,135

3.4490 GBP

10p ordinary

CFD

Reducing a short position

12,475

3.4537 GBP

10p ordinary

CFD

Reducing a short position

19,670

3.4537 GBP

10p ordinary

CFD

Reducing a short position

24,625

3.4537 GBP

10p ordinary

CFD

Reducing a short position

20,698

3.4537 GBP

10p ordinary

CFD

Reducing a short position

13,113

3.4537 GBP

10p ordinary

CFD

Reducing a short position

38,827

3.4537 GBP

10p ordinary

CFD

Opening a short position

14,976

3.4554 GBP

10p ordinary

CFD

Opening a short position

8,193

3.4554 GBP

10p ordinary

CFD

Opening a short position

8,178

3.4554 GBP

10p ordinary

CFD

Opening a short position

120,128

3.4554 GBP

10p ordinary

CFD

Opening a short position

349,198

3.4576 GBP

10p ordinary

CFD

Increasing a short position

113,156

3.4582 GBP

10p ordinary

CFD

Increasing a short position

126,349

3.4582 GBP

10p ordinary

CFD

Increasing a short position

647,885

3.4582 GBP

10p ordinary

CFD

Increasing a short position

112,610

3.4582 GBP

10p ordinary

CFD

Opening a short position

167,831

3.4602 GBP

10p ordinary

CFD

Opening a short position

27,126

3.4602 GBP

10p ordinary

CFD

Opening a short position

1,846

3.4602 GBP

10p ordinary

CFD

Opening a short position

1,850

3.4602 GBP

10p ordinary

CFD

Opening a short position

3,382

3.4602 GBP

10p ordinary

CFD

Reducing a short position

3,782

3.4633 GBP

10p ordinary

CFD

Opening a short position

79,209

3.4714 GBP

10p ordinary

CFD

Opening a short position

78,827

3.4714 GBP

10p ordinary

CFD

Opening a short position

453,520

3.4714 GBP

10p ordinary

CFD

Opening a short position

88,444

3.4714 GBP

10p ordinary

CFD

Increasing a short position

449,865

3.4726 GBP

10p ordinary

CFD

Reducing a short position

8,116

3.4733 GBP

10p ordinary

CFD

Increasing a short position

140,502

3.4771 GBP

10p ordinary

CFD

Increasing a short position

157,888

3.4771 GBP

10p ordinary

CFD

Increasing a short position

140,372

3.4771 GBP

10p ordinary

CFD

Increasing a short position

861,238

3.4771 GBP

10p ordinary

CFD

Increasing a long position

3,444

3.4800 GBP

10p ordinary

CFD

Increasing a short position

500,000

3.4803 GBP

10p ordinary

CFD

Opening a short position

160,494

3.4826 GBP

10p ordinary

CFD

Opening a short position

500,000

3.4826 GBP

10p ordinary

CFD

Increasing a short position

22,631

3.4827 GBP

10p ordinary

CFD

Increasing a short position

25,270

3.4827 GBP

10p ordinary

CFD

Increasing a short position

129,577

3.4827 GBP

10p ordinary

CFD

Increasing a short position

22,522

3.4827 GBP

10p ordinary

CFD

Increasing a short position

49,500

3.4852 GBP

10p ordinary

CFD

Increasing a short position

500

3.4852 GBP

10p ordinary

CFD

Increasing a short position

187,156

3.4854 GBP

10p ordinary

CFD

Increasing a short position

208,977

3.4854 GBP

10p ordinary

CFD

Increasing a short position

1,071,576

3.4854 GBP

10p ordinary

CFD

Increasing a short position

186,252

3.4854 GBP

10p ordinary

CFD

Opening a short position

2,642

3.4864 GBP

10p ordinary

CFD

Opening a short position

4,832

3.4864 GBP

10p ordinary

CFD

Opening a short position

38,750

3.4864 GBP

10p ordinary

CFD

Opening a short position

2,638

3.4864 GBP

10p ordinary

CFD

Increasing a short position

265

3.4901 GBP

 

 

 

(c)        Stock-settled derivative transactions (including options)

 

(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)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising / exercised against

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)


 

 



 

 

3.         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:

Irrevocable commitments and letters of intent should not be included. 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

 

 

 

Date of disclosure:

02 April 2024
Contact name:

Papa Lette and Andrzej Szyszka
Telephone number:

+33(1) 4212 1459 / +48(22) 317 4817

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

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

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