Complex sentence: This manoeuvre exposed "Lion" to the fire of the German battlecruisers, and the smoke from multiple successful hits caused "Derfflinger" to lose sight of "Princess Royal" and switch targets to at 4:16.
Split into simpler sentences: This manoeuvre exposed "Lion" to the fire of the German battlecruisers and she was hit several times. The smoke and fumes from these hits caused "Derfflinger" to lose sight of "Princess Royal" and she switched her fire to at 4:16.