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

Released : Feb 22, 2024

RNS Number : 1678E
JPMorgan Securities Plc
22 February 2024
 

AMENDMENT

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:

19 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

1,006,493

 

958,672

3.2960 GBP

 

3.2934 GBP

3.2600 GBP

 

3.2675 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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Opening a long position

160

 1,614

 19,036

 8,511

 3,794

 26,974

 14,933

 4,962

 36,894

 1,704

 

 518

 319

 10,546

 1,566

 79,477

 4,794

 11,813

 4,693

 17,031

 18,444

 16,914

 4,369

 757

 2,457

 10,000

 236

 497

 62

 1,158

 607

 378

 64

 

 799

 1,744

 70,985

 922

 27,136

 65

 8,865

 

 1,157

 80,769

 522

 1,545

 9,265

 366

 11,813

 621

 6,811

 76,727

 19,037

 2,106

 1,861

 250

 437

 1,435

 

 33,450

3.2606 GBP

3.2740 GBP

3.2743 GBP

3.2747 GBP

3.2751 GBP

3.2753 GBP

3.2773 GBP

3.2787 GBP

3.2847 GBP

3.2881 GBP

 

3.2690 GBP

3.2719 GBP

3.2738 GBP

3.2739 GBP

3.2740 GBP

3.2758 GBP

3.2763 GBP

3.2770 GBP

3.2778 GBP

3.2779 GBP

3.2785 GBP

3.2801 GBP

3.2806 GBP

3.2814 GBP

3.2839 GBP

3.2858 GBP

3.2867 GBP

3.2879 GBP

3.2880 GBP

3.2890 GBP

3.2900 GBP

3.2911 GBP

 

3.2749 GBP

3.2750 GBP

3.2755 GBP

3.2762 GBP

3.2769 GBP

3.2770 GBP

3.2833 GBP

 

3.2655 GBP

3.2679 GBP

3.2691 GBP

3.2693 GBP

3.2718 GBP

3.2721 GBP

3.2740 GBP

3.2742 GBP

3.2747 GBP

3.2756 GBP

3.2763 GBP

3.2771 GBP

3.2792 GBP

3.2850 GBP

3.2889 GBP

3.2890 GBP

 

3.2880 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:

22 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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