Key Information
Full name of discloser: Davidson Kempner Capital Management LP
Owner or controller of interests: No additional controller specified.
Name of offeror/offeree: Smith (DS) plc
Additional disclosures: Yes, International Paper Company.
Date position held: Latest practicable date prior to this disclosure.
Positions of Davidson Kempner Capital Management
Davidson Kempner is revealing its interests and positions related to Smith (DS) plc, ensuring full transparency regarding the pertinent securities involved.
Interests and Short Positions
As a result of recent transactions, Davidson Kempner holds substantial interests in the relevant securities of Smith (DS) plc.
Class of Relevant Security
Information has been disclosed about both cash-settled and stock-settled derivatives owned by Davidson Kempner.
Total Interests
The total number of interests held amounts to 14,887,929, which represents 1.07% of the relevant securities.
Dealings by Davidson Kempner Capital Management
This section provides transaction details related to purchases and sales by Davidson Kempner, ensuring transparency regarding their active dealings with relevant securities.
Cash-settled Derivative Transactions
Recent derivative transactions show an increase in Davidson Kempner's position in the market concerning 10p ordinary securities.
Stock-settled Derivative Transactions
Accurate documentation has been provided regarding stock-settled derivatives, including any relevant transactions involving options.
Other Information
Davidson Kempner has offered thorough disclosures concerning indemnity arrangements related to its holdings in Smith (DS) plc.
Contact Information
If you have any questions, please reach out to Alex McMillan at 646 282 5805.
Frequently Asked Questions
What is Davidson Kempner Capital Management?
Davidson Kempner Capital Management LP is an alternative investment management firm that specializes in event-driven and value-oriented strategies.
What is the significance of the disclosure?
This disclosure is in accordance with the regulatory requirements set forth in Rule 8.3 of the Takeover Code, highlighting significant holdings in relevant securities.
What does the term 'relevant securities' refer to?
'Relevant securities' refers to the shares or financial instruments that are part of the transaction between the offeror and offeree.
Who is Smith (DS) plc?
Smith (DS) plc is the company linked to the interests disclosed by Davidson Kempner and is currently involved in the offer situation.
How can I get more information about the Takeover Code?
The Takeover Code is accessible online, and you can direct any inquiries to the Panel’s Market Surveillance Unit for additional assistance.