Form 8.5 (EPT/RI)-Smith (DS) plc

Released : Feb 16, 2024

RNS Number : 4633D
JPMorgan Securities Plc
16 February 2024
 

FORM 8.5 (EPT/RI)

 

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Name of exempt principal trader:

J.P. Morgan Securities Plc

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

Smith (DS) plc

(c) Name of the party to the offer with which exempt principal trader is connected:

Corporate broker to Smith (DS) plc

(d) Date dealing undertaken:

15 February 2024

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

     If it is a cash offer or possible cash offer, state "N/A"

Yes, Mondi plc

 

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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

Purchases/ sales

 

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

10p ordinary

Purchase

 

Sale

1,899,281

 

1,767,755

3.2290 GBP

 

3.2290 GBP

3.1479 GBP

 

3.1400 GBP

 

(b)        Cash-settled derivative transactions

 

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

10p ordinary

Equity Swap

Decrease Long

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Decrease Short

 

 

 

 

 

 

 

 

Increase Long

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Increase Short

 

 

 

414

2,323

2,500

793

2,227

12,664

264

721

817

1,057

24,915

2

512

1

5,343

42,234

40,127

1,874

25,854

5,557

2,221

81,094

5,366

311,728

8

 

4,540

6,955

162

15,000

2,710

505

3,297

67,771

 

90

35

2,000

173

3,705

35,988

2

1,245

282

57,842

11,941

18,443

778

6,529

8,735

62,778

369

1,064

2,220

105,128

8,435

51,338

32,984

52,950

181,723

 

500

102

5,050

98,518

3.1441 GBP

3.1568 GBP

3.1603 GBP

3.1607 GBP

3.1642 GBP

3.1654 GBP

3.1665 GBP

3.1671 GBP

3.1717 GBP

3.1719 GBP

3.1744 GBP

3.1745 GBP

3.1798 GBP

3.1805 GBP

3.1817 GBP

3.1986 GBP

3.2007 GBP

3.2022 GBP

3.2031 GBP

3.2070 GBP

3.2115 GBP

3.2140 GBP

3.2258 GBP

3.2290 GBP

3.2292 GBP

 

3.1952 GBP

3.1990 GBP

3.2012 GBP

3.2023 GBP

3.2040 GBP

3.2069 GBP

3.2100 GBP

3.2290 GBP

 

3.1409 GBP

3.1610 GBP

3.1719 GBP

3.1723 GBP

3.1738 GBP

3.1742 GBP

3.1745 GBP

3.1770 GBP

3.1788 GBP

3.1797 GBP

3.1835 GBP

3.1847 GBP

3.1865 GBP

3.1866 GBP

3.1874 GBP

3.1905 GBP

3.1979 GBP

3.1985 GBP

3.2020 GBP

3.2054 GBP

3.2060 GBP

3.2207 GBP

3.2287 GBP

3.2289 GBP

3.2290 GBP

 

3.1514 GBP

3.2020 GBP

3.2283 GBP

3.2290 GBP

 

(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

 

 

 

 

 

 

 

(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)

 

 

 

 

 

 

3.         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 exempt principal trader 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 exempt principal trader 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

 

 

 

Date of disclosure:

16 February 2024
Contact name:

Natasha Mondon
Telephone number:

01202 325175

 

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 dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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