Last checked at 22 Apr 2024 11:13
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: | Advisor to SMITH (DS) PLC |
(d) Date dealing undertaken: | 19 April 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 INTERNATIONAL PAPER COMPANY & 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 | 12,605,894400,000 | 3.9760 GBP4.4587 USD | 3.4020 GBP4.4587 USD |
10p ordinary | Sales | 9,152,972 | 3.9780 GBP | 3.4170 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 | Reducing a short position | 183,892 | 3.4888 GBP |
10p ordinary | CFD | Reducing a short position | 257,686 | 3.4888 GBP |
10p ordinary | CFD | Reducing a short position | 20,524 | 3.4926 GBP |
10p ordinary | CFD | Reducing a short position | 18,747 | 3.4926 GBP |
10p ordinary | CFD | Increasing a long position | 16,814 | 3.4960 GBP |
10p ordinary | CFD | Increasing a long position | 2,452 | 3.4963 GBP |
10p ordinary | CFD | Increasing a long position | 3,582 | 3.4969 GBP |
10p ordinary | CFD | Increasing a long position | 11,138 | 3.4972 GBP |
10p ordinary | CFD | Increasing a long position | 581 | 3.5078 GBP |
10p ordinary | CFD | Increasing a long position | 4,025 | 3.5085 GBP |
10p ordinary | CFD | Increasing a long position | 82,458 | 3.5122 GBP |
10p ordinary | CFD | Increasing a long position | 12,015 | 3.5122 GBP |
10p ordinary | CFD | Increasing a long position | 17,760 | 3.5137 GBP |
10p ordinary | CFD | Increasing a long position | 50,067 | 3.5150 GBP |
10p ordinary | CFD | Increasing a long position | 985 | 3.5178 GBP |
10p ordinary | CFD | Increasing a long position | 32,850 | 3.5204 GBP |
10p ordinary | CFD | Increasing a long position | 6,799 | 3.5210 GBP |
10p ordinary | CFD | Increasing a long position | 26,469 | 3.5212 GBP |
10p ordinary | CFD | Increasing a long position | 3,456 | 3.5217 GBP |
10p ordinary | CFD | Increasing a long position | 10,104 | 3.5218 GBP |
10p ordinary | CFD | Increasing a long position | 5,640 | 3.5224 GBP |
10p ordinary | CFD | Increasing a long position | 31,581 | 3.5226 GBP |
10p ordinary | CFD | Increasing a long position | 17,537 | 3.5231 GBP |
10p ordinary | CFD | Increasing a long position | 3,462 | 3.5243 GBP |
10p ordinary | CFD | Increasing a short position | 500 | 3.5377 GBP |
10p ordinary | CFD | Increasing a short position | 16,000 | 3.5377 GBP |
10p ordinary | CFD | Increasing a long position | 91,076 | 3.5377 GBP |
10p ordinary | CFD | Increasing a long position | 13,411 | 3.5382 GBP |
10p ordinary | CFD | Increasing a long position | 20,178 | 3.5392 GBP |
10p ordinary | CFD | Increasing a long position | 65,059 | 3.5400 GBP |
10p ordinary | CFD | Reducing a short position | 34,909 | 3.5409 GBP |
10p ordinary | CFD | Increasing a short position | 112,502 | 3.5454 GBP |
10p ordinary | CFD | Opening a long position | 178,920 | 3.5487 GBP |
10p ordinary | CFD | Opening a long position | 25,898 | 3.5492 GBP |
10p ordinary | CFD | Opening a long position | 37,508 | 3.5500 GBP |
10p ordinary | CFD | Opening a long position | 124,121 | 3.5507 GBP |
10p ordinary | CFD | Increasing a long position | 22,127 | 3.5534 GBP |
10p ordinary | CFD | Increasing a long position | 14,122 | 3.5535 GBP |
10p ordinary | CFD | Increasing a long position | 8,139 | 3.5537 GBP |
10p ordinary | CFD | Increasing a long position | 1,720 | 3.5539 GBP |
10p ordinary | CFD | Increasing a long position | 12,030 | 3.5541 GBP |
10p ordinary | CFD | Increasing a long position | 4,879 | 3.5543 GBP |
10p ordinary | CFD | Increasing a long position | 38,113 | 3.5544 GBP |
10p ordinary | CFD | Increasing a long position | 15,502 | 3.5549 GBP |
10p ordinary | CFD | Increasing a long position | 949 | 3.5635 GBP |
10p ordinary | CFD | Increasing a long position | 486 | 3.5636 GBP |
10p ordinary | CFD | Increasing a long position | 2,227 | 3.5637 GBP |
10p ordinary | CFD | Increasing a long position | 139 | 3.5638 GBP |
10p ordinary | CFD | Reducing a short position | 1,264 | 3.5663 GBP |
10p ordinary | CFD | Increasing a short position | 87,498 | 3.5691 GBP |
10p ordinary | CFD | Reducing a short position | 484,100 | 3.5818 GBP |
10p ordinary | CFD | Reducing a short position | 495,200 | 3.5818 GBP |
10p ordinary | CFD | Increasing a long position | 761 | 3.5850 GBP |
10p ordinary | CFD | Increasing a short position | 200,000 | 3.5857 GBP |
10p ordinary | CFD | Reducing a short position | 63,664 | 3.5858 GBP |
10p ordinary | CFD | Increasing a short position | 201,664 | 3.5860 GBP |
10p ordinary | CFD | Reducing a long position | 8,623 | 3.5863 GBP |
10p ordinary | CFD | Reducing a short position | 148,372 | 3.5870 GBP |
10p ordinary | CFD | Reducing a short position | 7,174 | 3.5870 GBP |
10p ordinary | CFD | Reducing a short position | 37,310 | 3.5870 GBP |
10p ordinary | CFD | Reducing a short position | 47,549 | 3.5875 GBP |
10p ordinary | CFD | Increasing a long position | 5 | 3.5897 GBP |
10p ordinary | CFD | Increasing a long position | 43 | 3.5897 GBP |
10p ordinary | CFD | Increasing a long position | 681 | 3.5897 GBP |
10p ordinary | CFD | Increasing a long position | 106 | 3.5897 GBP |
10p ordinary | CFD | Increasing a short position | 34,549 | 3.5900 GBP |
10p ordinary | CFD | Reducing a long position | 30,188 | 3.5908 GBP |
10p ordinary | CFD | Reducing a long position | 30,746 | 3.5923 GBP |
10p ordinary | CFD | Reducing a short position | 717 | 3.5993 GBP |
10p ordinary | CFD | Increasing a short position | 10,200 | 3.7574 GBP |
10p ordinary | CFD | Opening a short position | 6,433 | 3.8837 GBP |
10p ordinary | CFD | Opening a short position | 4,079 | 3.8837 GBP |
10p ordinary | CFD | Opening a short position | 400,000 | 4.4587 USD |
(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: | 22 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.