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

 

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