Key Information on Davidson Kempner Capital Management's Position
Full name of discloser: Davidson Kempner Capital Management LP
Name of offeror/offeree: Smith (DS) plc
Date position disclosed: The most recent date before this disclosure highlights ongoing positions in relevant securities, which is crucial for market awareness.
Interests and Short Positions in Relevant Securities
This section details the interests and short positions related to the relevant securities of the offeror or offeree, emphasizing the need for transparency regarding ownership and control.
Class of relevant security: Providing these details is essential for a comprehensive understanding of the stakes involved. Below are the current interests and positions:
Interests in Relevant Securities
Number of Cash-settled derivatives: 18,531,599 (1.34%)
Details on Stock-settled Derivatives
At this time, there are no stock-settled derivatives reported.
Recent Dealings by Davidson Kempner Capital
Recent activities include significant transactions in relevant securities, particularly in the ordinary shares of Smith (DS) plc. The transactions involving cash-settled derivatives, such as CFDs, indicate an increase in positions.
Cash-settled Derivative Transactions
The firm has been actively increasing long positions, as shown by a considerable number of transactions during the reporting period.
Other Relevant Information
No indemnity or other dealing arrangements have been reported at this time, reinforcing the integrity of the financial reporting.
Agreements and Understandings
Davidson Kempner has no current agreements concerning the voting rights of the relevant securities or any arrangements for future acquisitions.
Contact Details and Disclosures
This transparency is maintained through ongoing communication with stakeholders and regulatory bodies. For any inquiries, Davidson Kempner Capital Management can be reached at:
Contact name: Alex McMillan
Telephone number: 646 282 5805
Frequently Asked Questions
What is the significance of Davidson Kempner’s position disclosure?
The disclosure offers vital insights into the firm's interests in Smith (DS) plc, which can influence investment strategies and market perceptions.
What type of securities does Davidson Kempner hold?
Davidson Kempner holds a substantial amount of cash-settled derivatives, indicating its active participation in the market.
How can I reach Davidson Kempner Capital Management for inquiries?
For detailed inquiries, interested individuals can contact Alex McMillan at 646 282 5805.
What does the absence of agreements suggest about Davidson Kempner's operations?
The lack of agreements concerning options implies a straightforward approach to their securities dealings, emphasizing transparency in their practices.
How does this disclosure impact Smith (DS) plc?
This public disclosure increases awareness of shareholder dynamics, which may influence offer processes and valuation assessments for Smith (DS) plc.
