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

GoldmanSachs International

14 February 2024

 

Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 12^th February for dealings on 09^th February have 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:	09 February 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	7,450,256	3.1950 GBP	3.0630 GBP
10p ordinary	Sales	6,124,274	3.1805 GBP	3.0550 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	645	3.0740 GBP
10p ordinary	CFD	Reducing a long position	2,413	3.0856 GBP
10p ordinary	CFD	Reducing a long position	4,617	3.0856 GBP
10p ordinary	CFD	Reducing a long position	1,699	3.0856 GBP
10p ordinary	CFD	Increasing a short position	9,408	3.1197 GBP
10p ordinary	CFD	Reducing a long position	19,045	3.1200 GBP
10p ordinary	CFD	Reducing a long position	36,444	3.1200 GBP
10p ordinary	CFD	Reducing a long position	13,413	3.1200 GBP
10p ordinary	CFD	Opening a short position	16,355	3.1209 GBP
10p ordinary	CFD	Reducing a long position	8,289	3.1287 GBP
10p ordinary	CFD	Reducing a long position	4,661	3.1344 GBP
10p ordinary	CFD	Reducing a long position	8,920	3.1344 GBP
10p ordinary	CFD	Reducing a long position	3,283	3.1344 GBP
10p ordinary	CFD	Increasing a short position	1,635	3.1384 GBP
10p ordinary	CFD	Reducing a long position	2,433	3.1448 GBP
10p ordinary	CFD	Reducing a long position	4,655	3.1448 GBP
10p ordinary	CFD	Reducing a long position	1,713	3.1448 GBP
10p ordinary	CFD	Increasing a short position	7,523	3.1468 GBP
10p ordinary	CFD	Increasing a long position	178,569	3.1481 GBP
10p ordinary	CFD	Reducing a short position	24,420	3.1482 GBP
10p ordinary	CFD	Reducing a long position	76,089	3.1493 GBP
10p ordinary	CFD	Reducing a long position	145,606	3.1493 GBP
10p ordinary	CFD	Reducing a long position	53,588	3.1493 GBP
10p ordinary	CFD	Reducing a long position	637	3.1500 GBP
10p ordinary	CFD	Reducing a long position	1,220	3.1500 GBP
10p ordinary	CFD	Reducing a long position	449	3.1500 GBP
10p ordinary	CFD	Reducing a long position	1,916	3.1508 GBP
10p ordinary	CFD	Reducing a long position	3,668	3.1508 GBP
10p ordinary	CFD	Reducing a long position	1,350	3.1508 GBP
10p ordinary	CFD	Opening a short position	462,333	3.1512 GBP
10p ordinary	CFD	Reducing a long position	4,014	3.1515 GBP
10p ordinary	CFD	Reducing a long position	3,508	3.1515 GBP
10p ordinary	CFD	Increasing a short position	700	3.1531 GBP
10p ordinary	CFD	Increasing a short position	69,300	3.1531 GBP
10p ordinary	CFD	Reducing a long position	2,653	3.1533 GBP
10p ordinary	CFD	Reducing a long position	5,077	3.1533 GBP
10p ordinary	CFD	Reducing a long position	1,869	3.1533 GBP
10p ordinary	CFD	Increasing a short position	100,693	3.1533 GBP
10p ordinary	CFD	Increasing a short position	10,116	3.1537 GBP
10p ordinary	CFD	Reducing a long position	243,354	3.1565 GBP
10p ordinary	CFD	Reducing a short position	1,251	3.1578 GBP
10p ordinary	CFD	Reducing a long position	10,510	3.1585 GBP
10p ordinary	CFD	Reducing a long position	26,468	3.1585 GBP
10p ordinary	CFD	Reducing a long position	26,014	3.1585 GBP
10p ordinary	CFD	Reducing a long position	52,667	3.1585 GBP
10p ordinary	CFD	Reducing a long position	12,766	3.1585 GBP
10p ordinary	CFD	Increasing a short position	22,518	3.1610 GBP
10p ordinary	CFD	Reducing a short position	1,342	3.1617 GBP
10p ordinary	CFD	Opening a long position	3,564	3.1617 GBP
10p ordinary	CFD	Increasing a long position	4,188	3.1617 GBP
10p ordinary	CFD	Reducing a short position	8,563	3.1617 GBP
10p ordinary	CFD	Reducing a long position	12,746	3.1621 GBP
10p ordinary	CFD	Reducing a long position	24,392	3.1621 GBP
10p ordinary	CFD	Reducing a long position	8,977	3.1621 GBP
10p ordinary	CFD	Reducing a long position	176	3.1625 GBP
10p ordinary	CFD	Reducing a long position	5,411	3.1625 GBP
10p ordinary	CFD	Reducing a long position	40,400	3.1669 GBP
10p ordinary	CFD	Reducing a short position	5,965	3.1746 GBP
10p ordinary	CFD	Increasing a short position	4,123	3.1835 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:	14 February 2024
Contact name:	Papa Lette and Andrzej Szyszka
Telephone number:	[phone] / [phone]

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 [phone].

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

 

END