Picture of Dundee Precious Metals logo

DPM Dundee Precious Metals News Story

0.000.00%
ca flag iconLast trade - 00:00
Basic MaterialsBalancedMid CapSuper Stock

REG - Goldman Sachs & Co. Dundee Precious Met. - Form 8.3 - Dundee Precious

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250716:nRSP3554Ra&default-theme=true

RNS Number : 3554R  Goldman Sachs & Co. LLC  16 July 2025

 

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:                                                      GOLDMAN SACHS & CO. LLC
 (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   DUNDEE PRECIOUS METALS INC.
 relates:

      Use a separate form for each offeror/offeree
 (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:                                       15 July 2025

      For an opening position disclosure, state the latest practicable date
 prior to the disclosure
 (f)  In addition to the company in 1(c) above, is the discloser making           NO
 disclosures in respect of any other party to the offer?

      If it is a cash offer or possible cash offer, state "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:                                          Common

                                                                      Interests          Short positions
                                                                      Number      %      Number      %
 (1) Relevant securities owned and/or controlled:                     201,449*    0.12   2,070,258*  1.24
 (2) Cash-settled derivatives:                                        101,757     0.06   261,500     0.16
 (3) Stock-settled derivatives (including options) and agreements to  770,600     0.46   0           0.00
 purchase/sell:
                                                                      1,073,806*  0.64   2,331,758*  1.40

      TOTAL:

* GOLDMAN SACHS & CO. LLC resulting position includes changes resulting
from non-trade related activity.

 

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:
 Details, including nature of the rights concerned and relevant percentages:

 

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

 Common                      Purchase       98                    22.4200 CAD
 Common                      Purchase       800                   22.4200 CAD
 Common                      Purchase       400                   22.4200 CAD
 Common                      Purchase       821                   22.4200 CAD
 Common                      Purchase       14                    22.4200 CAD
 Common                      Purchase       500                   22.4200 CAD
 Common                      Purchase       1,812                 22.4200 CAD
 Common                      Sale           100                   22.2400 CAD
 Common                      Sale           100                   22.2400 CAD
 Common                      Sale           100                   22.2400 CAD
 Common                      Sale           100                   22.2500 CAD
 Common                      Sale           100                   22.2500 CAD
 Common                      Sale           200                   22.2500 CAD
 Common                      Sale           100                   22.2600 CAD
 Common                      Sale           100                   22.2700 CAD
 Common                      Sale           100                   22.3200 CAD
 Common                      Sale           100                   22.3250 CAD
 Common                      Sale           100                   22.3300 CAD
 Common                      Sale           100                   22.3300 CAD
 Common                      Sale           100                   22.3300 CAD
 Common                      Sale           100                   22.3300 CAD
 Common                      Sale           100                   22.3400 CAD
 Common                      Sale           100                   22.3400 CAD
 Common                      Sale           200                   22.3400 CAD
 Common                      Sale           100                   22.3500 CAD
 Common                      Sale           100                   22.3500 CAD
 Common                      Sale           100                   22.3500 CAD
 Common                      Sale           100                   22.3500 CAD
 Common                      Sale           100                   22.3500 CAD
 Common                      Sale           100                   22.3500 CAD
 Common                      Sale           100                   22.3600 CAD
 Common                      Sale           100                   22.3600 CAD
 Common                      Sale           200                   22.3675 CAD
 Common                      Sale           300                   22.3700 CAD
 Common                      Sale           100                   22.3700 CAD
 Common                      Sale           100                   22.3700 CAD
 Common                      Sale           200                   22.3700 CAD
 Common                      Sale           200                   22.3700 CAD
 Common                      Sale           100                   22.3700 CAD
 Common                      Sale           100                   22.3700 CAD
 Common                      Sale           100                   22.3700 CAD
 Common                      Sale           100                   22.3700 CAD
 Common                      Sale           100                   22.3700 CAD
 Common                      Sale           100                   22.3700 CAD
 Common                      Sale           100                   22.3800 CAD
 Common                      Sale           100                   22.3800 CAD
 Common                      Sale           100                   22.3800 CAD
 Common                      Sale           100                   22.3800 CAD
 Common                      Sale           100                   22.3800 CAD
 Common                      Sale           100                   22.3800 CAD
 Common                      Sale           100                   22.3800 CAD
 Common                      Sale           100                   22.3900 CAD
 Common                      Sale           100                   22.3900 CAD
 Common                      Sale           200                   22.3900 CAD
 Common                      Sale           69                    22.3900 CAD
 Common                      Sale           100                   22.3900 CAD
 Common                      Sale           100                   22.3900 CAD
 Common                      Sale           100                   22.3900 CAD
 Common                      Sale           100                   22.3900 CAD
 Common                      Sale           100                   22.4000 CAD
 Common                      Sale           100                   22.4000 CAD
 Common                      Sale           100                   22.4000 CAD
 Common                      Sale           100                   22.4000 CAD
 Common                      Sale           100                   22.4000 CAD
 Common                      Sale           100                   22.4000 CAD
 Common                      Sale           100                   22.4000 CAD
 Common                      Sale           100                   22.4000 CAD
 Common                      Sale           100                   22.4050 CAD
 Common                      Sale           100                   22.4050 CAD
 Common                      Sale           100                   22.4100 CAD
 Common                      Sale           100                   22.4100 CAD
 Common                      Sale           100                   22.4100 CAD
 Common                      Sale           100                   22.4100 CAD
 Common                      Sale           100                   22.4100 CAD
 Common                      Sale           100                   22.4100 CAD
 Common                      Sale           100                   22.4100 CAD
 Common                      Sale           100                   22.4100 CAD
 Common                      Sale           100                   22.4100 CAD
 Common                      Sale           100                   22.4100 CAD
 Common                      Sale           100                   22.4100 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           200                   22.4200 CAD
 Common                      Sale           200                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           1                     22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           98                    22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           1                     22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           800                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           21                    22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           200                   22.4200 CAD
 Common                      Sale           200                   22.4200 CAD
 Common                      Sale           821                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           100                   22.4200 CAD
 Common                      Sale           1,714                 22.4200 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4300 CAD
 Common                      Sale           100                   22.4400 CAD
 Common                      Sale           100                   22.4400 CAD
 Common                      Sale           100                   22.4400 CAD
 Common                      Sale           100                   22.4400 CAD
 Common                      Sale           100                   22.4400 CAD
 Common                      Sale           100                   22.4400 CAD
 Common                      Sale           200                   22.4400 CAD
 Common                      Sale           100                   22.4400 CAD
 Common                      Sale           100                   22.4500 CAD
 Common                      Sale           100                   22.4500 CAD
 Common                      Sale           100                   22.4500 CAD
 Common                      Sale           100                   22.4500 CAD
 Common                      Sale           100                   22.4600 CAD
 Common                      Sale           100                   22.4600 CAD
 Common                      Sale           3,500                 22.4603 CAD
 Common                      Sale           5,500                 22.4609 CAD
 Common                      Sale           200                   22.4700 CAD
 Common                      Sale           100                   22.4700 CAD
 Common                      Sale           100                   22.4700 CAD
 Common                      Sale           100                   22.4700 CAD
 Common                      Sale           100                   22.4700 CAD
 Common                      Sale           200                   22.4700 CAD
 Common                      Sale           100                   22.4800 CAD
 Common                      Sale           100                   22.4800 CAD
 Common                      Sale           3,469                 22.4877 CAD
 Common                      Sale           3,700                 22.4889 CAD
 Common                      Sale           100                   22.4900 CAD
 Common                      Sale           100                   22.4900 CAD
 Common                      Sale           3,500                 22.4929 CAD
 Common                      Sale           4,000                 22.4973 CAD
 Common                      Sale           100                   22.5000 CAD
 Common                      Sale           100                   22.5000 CAD
 Common                      Sale           100                   22.5000 CAD
 Common                      Sale           200                   22.5000 CAD
 Common                      Sale           200                   22.5000 CAD
 Common                      Sale           100                   22.5100 CAD
 Common                      Sale           100                   22.5100 CAD
 Common                      Sale           200                   22.5100 CAD
 Common                      Sale           100                   22.5200 CAD
 Common                      Sale           100                   22.5200 CAD
 Common                      Sale           100                   22.5200 CAD
 Common                      Sale           200                   22.5200 CAD
 Common                      Sale           100                   22.5200 CAD
 Common                      Sale           100                   22.5300 CAD
 Common                      Sale           100                   22.5350 CAD
 Common                      Sale           100                   22.5350 CAD
 Common                      Sale           100                   22.5350 CAD
 Common                      Sale           200                   22.5400 CAD
 Common                      Sale           100                   22.5400 CAD
 Common                      Sale           100                   22.5400 CAD
 Common                      Sale           100                   22.5400 CAD
 Common                      Sale           100                   22.5500 CAD
 Common                      Sale           100                   22.5500 CAD
 Common                      Sale           100                   22.5500 CAD
 Common                      Sale           200                   22.5600 CAD
 Common                      Sale           100                   22.5600 CAD
 Common                      Sale           100                   22.5600 CAD
 Common                      Sale           100                   22.5600 CAD
 Common                      Sale           100                   22.5600 CAD
 Common                      Sale           100                   22.5600 CAD
 Common                      Sale           100                   22.5600 CAD
 Common                      Sale           100                   22.5700 CAD
 Common                      Sale           100                   22.5700 CAD
 Common                      Sale           100                   22.5700 CAD
 Common                      Sale           100                   22.5700 CAD
 Common                      Sale           100                   22.5700 CAD
 Common                      Sale           100                   22.5800 CAD
 Common                      Sale           100                   22.5800 CAD
 Common                      Sale           100                   22.5900 CAD
 Common                      Sale           100                   22.5900 CAD
 Common                      Sale           100                   22.5900 CAD
 Common                      Sale           100                   22.6000 CAD
 Common                      Sale           100                   22.6000 CAD
 Common                      Sale           100                   22.6000 CAD
 Common                      Sale           100                   22.6100 CAD
 Common                      Sale           100                   22.6100 CAD
 Common                      Sale           100                   22.6300 CAD
 Common                      Sale           200                   22.6300 CAD
 Common                      Sale           100                   22.6400 CAD
 Common                      Sale           100                   22.6400 CAD
 Common                      Sale           100                   22.6400 CAD
 Common                      Sale           100                   22.6400 CAD
 Common                      Sale           200                   22.6400 CAD
 Common                      Sale           100                   22.6400 CAD
 Common                      Sale           100                   22.6500 CAD
 Common                      Sale           100                   22.6500 CAD
 Common                      Sale           100                   22.6500 CAD
 Common                      Sale           100                   22.6500 CAD
 Common                      Sale           100                   22.6500 CAD
 Common                      Sale           100                   22.6500 CAD
 Common                      Sale           100                   22.6550 CAD
 Common                      Sale           100                   22.6700 CAD
 Common                      Sale           100                   22.6700 CAD
 Common                      Sale           100                   22.6700 CAD
 Common                      Sale           200                   22.6700 CAD
 Common                      Sale           100                   22.6700 CAD
 Common                      Sale           100                   22.6700 CAD
 Common                      Sale           100                   22.6800 CAD
 Common                      Sale           100                   22.6800 CAD
 Common                      Sale           100                   22.6800 CAD
 Common                      Sale           100                   22.6800 CAD
 Common                      Sale           100                   22.6900 CAD
 Common                      Sale           100                   22.6900 CAD
 Common                      Sale           100                   22.6900 CAD
 Common                      Sale           100                   22.6900 CAD
 Common                      Sale           100                   22.6900 CAD
 Common                      Sale           100                   22.7100 CAD
 Common                      Sale           100                   22.7100 CAD
 Common                      Sale           100                   22.7100 CAD
 Common                      Sale           100                   22.7100 CAD
 Common                      Sale           100                   22.7700 CAD
 Common                      Sale           100                   22.7800 CAD
 Common                      Sale           100                   22.7800 CAD
 Common                      Sale           100                   22.7800 CAD
 Common                      Sale           100                   22.8000 CAD

 

 

 

(b)        Cash-settled derivative transactions

 

 Class of relevant security  Product description  Nature of dealing                                                              Number of reference securities  Price per unit

                             e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a long/short
                                                  position
 Common                      CFD                  Increasing a short position                                                    400                             22.4682 CAD
 Common                      CFD                  Increasing a long position                                                     6,014                           22.4728 CAD
 Common                      CFD                  Increasing a long position                                                     3,686                           22.4728 CAD
 Common                      CFD                  Increasing a long position                                                     184                             22.4969 CAD
 Common                      CFD                  Increasing a long position                                                     254                             22.4969 CAD
 Common                      CFD                  Increasing a long position                                                     89                              22.4969 CAD
 Common                      CFD                  Increasing a long position                                                     146                             22.4969 CAD
 Common                      CFD                  Increasing a long position                                                     155                             22.4969 CAD
 Common                      CFD                  Increasing a long position                                                     219                             22.4969 CAD
 Common                      CFD                  Increasing a long position                                                     222                             22.4969 CAD

 

 

 

(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                           Expiry date  Option money paid/ received per unit

                                                                                                                                                                                      e.g. American, European etc.

 

(ii)        Exercise

 

 Class of relevant security  Product description  Exercising / exercised against  Number of securities  Exercise price per unit

                             e.g. call option

 

(d)        Other dealings (including subscribing for new securities)

 

 Class of relevant security  Nature of dealing               Details  Price per unit (if applicable)

                             e.g. subscription, conversion

 

 

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?  YES

 

 

 Date of disclosure:  16 July 2025
 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.

 

*If the discloser is a natural person, a telephone number does not need to be
included, provided contact information has been provided to the Panel's Market
Surveillance Unit.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk
(http://www.thetakeoverpanel.org.uk) .

 

SUPPLEMENTAL FORM 8(OPEN POSITIONS)

 

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS,
AGREEMENT TO

PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

      Full name of person making disclosure:                                GOLDMAN SACHS & CO. LLC
      Name of offeror/offeree in relation to whose relevant securities      DUNDEE PRECIOUS METALS INC.
 disclosure relates:

 

 

2.         STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

 

 Class of relevant security  Product description e.g. call option  Written or purchased  Number of securities to which option or derivative relates  Exercise price per unit  Type                           Expiry date

                                                                                                                                                                              e.g. American, European etc.
 Common                      Call Option                           Purchased             21,000                                                      19.0000 CAD              EURO                           17/10/2025
 Common                      Call Option                           Sold                  21,000                                                      19.0000 CAD              EURO                           17/10/2025
 Common                      Call Option                           Purchased             21,000                                                      19.0000 CAD              EURO                           17/10/2025
 Common                      Call Option                           Purchased             35,000                                                      19.0000 CAD              EURO                           18/07/2025
 Common                      Call Option                           Sold                  35,000                                                      19.0000 CAD              EURO                           18/07/2025
 Common                      Call Option                           Purchased             35,000                                                      19.0000 CAD              EURO                           18/07/2025
 Common                      Call Option                           Purchased             45,000                                                      19.0000 CAD              EURO                           19/12/2025
 Common                      Call Option                           Sold                  45,000                                                      19.0000 CAD              EURO                           19/12/2025
 Common                      Call Option                           Purchased             45,000                                                      19.0000 CAD              EURO                           19/12/2025
 Common                      Call Option                           Purchased             154,000                                                     19.0000 CAD              EURO                           17/10/2025
 Common                      Call Option                           Purchased             154,000                                                     19.0000 CAD              EURO                           17/10/2025
 Common                      Call Option                           Sold                  154,000                                                     19.0000 CAD              EURO                           17/10/2025
 Common                      Call Option                           Purchased             248,600                                                     19.0000 CAD              EURO                           19/12/2025
 Common                      Call Option                           Sold                  248,600                                                     19.0000 CAD              EURO                           19/12/2025
 Common                      Call Option                           Purchased             248,600                                                     19.0000 CAD              EURO                           19/12/2025
 Common                      Call Option                           Purchased             267,000                                                     19.0000 CAD              EURO                           18/07/2025
 Common                      Call Option                           Sold                  267,000                                                     19.0000 CAD              EURO                           18/07/2025
 Common                      Call Option                           Purchased             267,000                                                     19.0000 CAD              EURO                           18/07/2025

 

 

3.         AGREEMENTS TO PURCHASE OR SELL

 

 Full details should be given so that the nature of the interest or position
 can be fully understood:

 

It is not necessary to provide details on a Supplement form (Open Positions)
with regard to cash-settled derivatives.

 

 The currency of all pieces and other monetary amounts should be stated.

 

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
(http://www.thetakeoverpanel.org.uk) .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RETZQLFFEDLFBBE

Recent news on Dundee Precious Metals

See all news