Form 8.3 - Smart Metering Systems PLC

LONDON--(BUSINESS WIRE)-- 

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:	Qube Research & Technologies Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	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: For an opening position disclosure, state the latest practicable date prior to the disclosure	18/01/2024
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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 Share
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	0	0	0	0
(2) Cash-settled derivatives:	1,683,303	1.26	0	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	1,683,303	1.26	0	0

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:	0
Details, including nature of the rights concerned and relevant percentages:	0

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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

Purchase/sale

Number of securities

Price per unit

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. call option	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of securities	Exercise price per unit
1p Ordinary Share	Equity swap	increasing a long position	60	951
1p Ordinary Share	Equity swap	increasing a long position	402	951
1p Ordinary Share	Equity swap	increasing a long position	313	951
1p Ordinary Share	Equity swap	increasing a long position	61	950
1p Ordinary Share	Equity swap	increasing a long position	262	950
1p Ordinary Share	Equity swap	increasing a long position	3494	951
1p Ordinary Share	Equity swap	increasing a long position	29	951
1p Ordinary Share	Equity swap	increasing a long position	331	950
1p Ordinary Share	Equity swap	increasing a long position	803	950
1p Ordinary Share	Equity swap	increasing a long position	104	950
1p Ordinary Share	Equity swap	increasing a long position	225	950
1p Ordinary Share	Equity swap	increasing a long position	2021	949
1p Ordinary Share	Equity swap	increasing a long position	1506	951
1p Ordinary Share	Equity swap	increasing a long position	280	950
1p Ordinary Share	Equity swap	increasing a long position	29	951
1p Ordinary Share	Equity swap	increasing a long position	7	950
1p Ordinary Share	Equity swap	increasing a long position	315	950
1p Ordinary Share	Equity swap	increasing a long position	205	950
1p Ordinary Share	Equity swap	increasing a long position	833	949
1p Ordinary Share	Equity swap	increasing a long position	223	951
1p Ordinary Share	Equity swap	increasing a long position	664	950
1p Ordinary Share	Equity swap	increasing a long position	846	951
1p Ordinary Share	Equity swap	increasing a long position	297	951
1p Ordinary Share	Equity swap	increasing a long position	29	951
1p Ordinary Share	Equity swap	increasing a long position	404	951
1p Ordinary Share	Equity swap	increasing a long position	606	950
1p Ordinary Share	Equity swap	increasing a long position	400	950
1p Ordinary Share	Equity swap	increasing a long position	291	950
1p Ordinary Share	Equity swap	increasing a long position	335	951
1p Ordinary Share	Equity swap	increasing a long position	241	951
1p Ordinary Share	Equity swap	increasing a long position	359	951
1p Ordinary Share	Equity swap	increasing a long position	1970	950
1p Ordinary Share	Equity swap	increasing a long position	1487	950
1p Ordinary Share	Equity swap	increasing a long position	300	950
1p Ordinary Share	Equity swap	increasing a long position	245	950
1p Ordinary Share	Equity swap	increasing a long position	955	950
1p Ordinary Share	Equity swap	increasing a long position	881	949
1p Ordinary Share	Equity swap	increasing a long position	422	951
1p Ordinary Share	Equity swap	increasing a long position	194	950
1p Ordinary Share	Equity swap	increasing a long position	731	950
1p Ordinary Share	Equity swap	increasing a long position	553	950
1p Ordinary Share	Equity swap	increasing a long position	1022	950
1p Ordinary Share	Equity swap	increasing a long position	3000	950
1p Ordinary Share	Equity swap	increasing a long position	892	950
1p Ordinary Share	Equity swap	increasing a long position	312	949
1p Ordinary Share	Equity swap	increasing a long position	4365	950
1p Ordinary Share	Equity swap	increasing a long position	975	949
1p Ordinary Share	Equity swap	increasing a long position	5467	950
1p Ordinary Share	Equity swap	increasing a long position	1868	950
1p Ordinary Share	Equity swap	increasing a long position	747	950
1p Ordinary Share	Equity swap	increasing a long position	290	950
1p Ordinary Share	Equity swap	increasing a long position	301	949
1p Ordinary Share	Equity swap	increasing a long position	482	951
1p Ordinary Share	Equity swap	increasing a long position	33	951
1p Ordinary Share	Equity swap	increasing a long position	5000	951
1p Ordinary Share	Equity swap	increasing a long position	299	950
1p Ordinary Share	Equity swap	increasing a long position	417	951
1p Ordinary Share	Equity swap	increasing a long position	495	951
1p Ordinary Share	Equity swap	increasing a long position	468	951
1p Ordinary Share	Equity swap	increasing a long position	6102	951
1p Ordinary Share	Equity swap	increasing a long position	286	950
1p Ordinary Share	Equity swap	increasing a long position	317	950
1p Ordinary Share	Equity swap	increasing a long position	313	951
1p Ordinary Share	Equity swap	increasing a long position	498	950
1p Ordinary Share	Equity swap	increasing a long position	4	949
1p Ordinary Share	Equity swap	increasing a long position	336	949
1p Ordinary Share	Equity swap	increasing a long position	3839	950
1p Ordinary Share	Equity swap	increasing a long position	793	950
1p Ordinary Share	Equity swap	increasing a long position	879	948
1p Ordinary Share	Equity swap	increasing a long position	5968	950
1p Ordinary Share	Equity swap	increasing a long position	366	950
1p Ordinary Share	Equity swap	increasing a long position	773	951
1p Ordinary Share	Equity swap	increasing a long position	428	950
1p Ordinary Share	Equity swap	decreasing a long position	400	949
1p Ordinary Share	Equity swap	decreasing a long position	320	950
1p Ordinary Share	Equity swap	decreasing a long position	526	950
1p Ordinary Share	Equity swap	decreasing a long position	465	950
1p Ordinary Share	Equity swap	decreasing a long position	416	949
1p Ordinary Share	Equity swap	decreasing a long position	149	948
1p Ordinary Share	Equity swap	decreasing a long position	610	950
1p Ordinary Share	Equity swap	decreasing a long position	392	949
1p Ordinary Share	Equity swap	decreasing a long position	104	950
1p Ordinary Share	Equity swap	decreasing a long position	5	950
1p Ordinary Share	Equity swap	decreasing a long position	1173	950
1p Ordinary Share	Equity swap	decreasing a long position	816	949
1p Ordinary Share	Equity swap	decreasing a long position	249	950
1p Ordinary Share	Equity swap	decreasing a long position	131	950
1p Ordinary Share	Equity swap	decreasing a long position	415	950
1p Ordinary Share	Equity swap	decreasing a long position	1393	950
1p Ordinary Share	Equity swap	decreasing a long position	415	949
1p Ordinary Share	Equity swap	decreasing a long position	370	951
1p Ordinary Share	Equity swap	decreasing a long position	455	950
1p Ordinary Share	Equity swap	decreasing a long position	606	950
1p Ordinary Share	Equity swap	decreasing a long position	6101	950
1p Ordinary Share	Equity swap	decreasing a long position	2611	950

(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
0	0	0	0	0

(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)
0	0	0	0

4. 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 person 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 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 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

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	19/01/2024
Contact name:	Stuart Brown
Telephone number:	00442070722969

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.

Category Code: RET

Sequence Number: 1205950

Time of Receipt (offset from UTC): 20240119T140506+0000