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

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:	[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