Form 8.3 - SMART METERING SYSTEMS PLC Amendment

Barclays PLC

22 January 2024

 

FORM 8.3 Amendment to Sale and Purchase
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)	Full name of discloser:			Barclays PLC.
(b)	Owner or controller of interest and short  positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose  relevant securities this form relates:			SMART METERING SYSTEMS PLC
(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:			17 Jan 2024
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			NO
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:				1p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				2,298,783	1.70%	35,994	0.03%
(2) Cash-settled derivatives:				23,846	0.02%	2,246,616	1.68%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				2,294,469	1.72%	2,282,610	1.71%
(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:
3.	DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
1p ordinary	Purchase	50,801	9.0142  GBP
1p ordinary	Purchase	25,000	9.0511  GBP
1p ordinary	Purchase	25,000	8.9992  GBP
1p ordinary	Purchase	19,176	9.0481  GBP
1p ordinary	Purchase	17,500	8.9584  GBP
1p ordinary	Purchase	11,568	9.0799  GBP
1p ordinary	Purchase	3,746	8.9995  GBP
1p ordinary	Purchase	2,866	8.8909  GBP
1p ordinary	Purchase	2,831	9.0583  GBP
1p ordinary	Purchase	716	8.9200  GBP
1p ordinary	Purchase	707	8.9933  GBP
1p ordinary	Purchase	345	9.1450  GBP
1p ordinary	Purchase	333	9.1300  GBP
1p ordinary	Purchase	21	9.0000  GBP
1p ordinary	Sale	39,464	9.0000  GBP
1p ordinary	Sale	21,840	9.0305  GBP
1p ordinary	Sale	17,557	8.9970  GBP
1p ordinary	Sale	5,000	9.0009  GBP
1p ordinary	Sale	4,175	8.9835  GBP
1p ordinary	Sale	3,734	8.9400  GBP
1p ordinary	Sale	2,179	9.0102  GBP
1p ordinary	Sale	1,667	9.0868  GBP
1p ordinary	Sale	1,548	9.0466  GBP
1p ordinary	Sale	1,249	9.0150  GBP
1p ordinary	Sale	913	8.9600  GBP
1p ordinary	Sale	716	8.9200  GBP
1p ordinary	Sale	401	8.9202  GBP
1p ordinary	Sale	333	9.1300  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
1p ordinary	SWAP	Decreasing Long	7,799	9.1198  GBP
1p ordinary	SWAP	Decreasing Long	8,700	9.0764  GBP
1p ordinary	SWAP	Decreasing Long	17,250	8.9880  GBP
1p ordinary	SWAP	Decreasing Short	571	9.0814  GBP
1p ordinary	SWAP	Decreasing Short	1,096	9.0896  GBP
1p ordinary	SWAP	Decreasing Short	11,429	9.0442  GBP
1p ordinary	CFD	Decreasing Short	16,594	9.0000  GBP
1p ordinary	SWAP	Decreasing Short	21,840	9.0305  GBP
1p ordinary	SWAP	Increasing Long	25,000	9.0511  GBP
1p ordinary	SWAP	Increasing Long	25,000	8.9992  GBP
1p ordinary	SWAP	Increasing Short	61	9.0555  GBP
1p ordinary	SWAP	Increasing Short	6,100	9.0868  GBP
1p ordinary	SWAP	Increasing Short	9,331	9.0825  GBP
1p ordinary	SWAP	Increasing Short	9,845	9.0155  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  applicable)
4.	OTHER INFORMATION
(a)	Indemnity and other dealings 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:
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 of future acquisition or disposal of any relevant securities to which  any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				22 Jan 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END