Form 8.3 - Smart Metering Systems plc

Barclays PLC

15 January 2024

 

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)	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				SMART METERING SYSTEMS PLC
	relevant securities this form relates:
(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:				12 Jan 2024
(f)	In addition to the company in 1(c) above, is the discloser making				NO
	disclosures in respect of any other party to the 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:				1p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			1,899,785	1.42%	82,069	0.06%
(2)	Cash-settled derivatives:
	and/or controlled:			70,145	0.05%	1,877,695	1.41%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,969,930	1.48%	1,959,764	1.47%
(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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
1p ordinary		Purchase		300,000		9.3421  GBP
1p ordinary		Purchase		115,055		9.2600  GBP
1p ordinary		Purchase		81,058		9.2864  GBP
1p ordinary		Purchase		50,000		9.2846  GBP
1p ordinary		Purchase		15,000		9.2646  GBP
1p ordinary		Purchase		14,047		9.2597  GBP
1p ordinary		Purchase		13,299		9.2950  GBP
1p ordinary		Purchase		8,057		9.2998  GBP
1p ordinary		Purchase		7,365		9.2867  GBP
1p ordinary		Purchase		5,087		9.3397  GBP
1p ordinary		Purchase		1,304		9.2966  GBP
1p ordinary		Purchase		437		9.2900  GBP
1p ordinary		Purchase		365		9.2500  GBP
1p ordinary		Purchase		249		9.3000  GBP
1p ordinary		Sale		100,027		9.2617  GBP
1p ordinary		Sale		22,246		9.2600  GBP
1p ordinary		Sale		21,629		9.3062  GBP
1p ordinary		Sale		13,548		9.2950  GBP
1p ordinary		Sale		11,718		9.2953  GBP
1p ordinary		Sale		9,031		9.2601  GBP
1p ordinary		Sale		7,027		9.2773  GBP
1p ordinary		Sale		3,172		9.2603  GBP
1p ordinary		Sale		3,018		9.2801  GBP
1p ordinary		Sale		2,365		9.2800  GBP
1p ordinary		Sale		746		9.2737  GBP
1p ordinary		Sale		437		9.2900  GBP
1p ordinary		Sale		365		9.2500  GBP
1p ordinary		Sale		322		9.2684  GBP
1p ordinary		Sale		249		9.3000  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
1p ordinary		SWAP		Decreasing Short		39	9.3299  GBP
1p ordinary		SWAP		Decreasing Short		283	9.2600  GBP
1p ordinary		SWAP		Decreasing Short		11,414	9.2798  GBP
1p ordinary		SWAP		Decreasing Short		11,718	9.2953  GBP
1p ordinary		SWAP		Decreasing Short		21,629	9.3062  GBP
1p ordinary		CFD		Increasing Short		5,087	9.3396  GBP
1p ordinary		CFD		Increasing Short		9,361	9.3000  GBP
1p ordinary		CFD		Increasing Short		24,139	9.3144  GBP
1p ordinary		SWAP		Increasing Short		24,516	9.2752  GBP
1p ordinary		SWAP		Increasing Short		32,403	9.2746  GBP
1p ordinary		SWAP		Opening Short		15,000	9.2646  GBP
1p ordinary		SWAP		Opening Short		50,000	9.2846  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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 exempt principal trader 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:				15 Jan 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END