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:
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J.P. Morgan Securities Plc
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(b) Name of offeror/offeree in relation to whose relevant securities this form relates:
Use a separate form for each offeror/offeree
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Smith (DS) plc
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(c) Name of the party to the offer with which exempt principal trader is connected:
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Corporate broker to Smith (DS) plc
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(d) Date dealing undertaken:
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26 February 2024
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(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"
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Yes, Mondi plc
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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
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Purchases/ sales
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Total number of securities
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Highest price per unit paid/received
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Lowest price per unit paid/received
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10p ordinary
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Purchase
Sale
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1,201,503
831,092
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3.2220 GBP
3.2220 GBP
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3.1766 GBP
3.1762 GBP
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(b) Cash-settled derivative transactions
Class of relevant security
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Product description
e.g. CFD
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Nature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short position
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Number of reference securities
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Price per unit
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10p ordinary
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Equity Swap
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Decrease Long
Decrease Short
Increase Long
Increase Short
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390,045
106,125
11,318
656
44,139
4,919
21,033
4,234
5,203
4,874
2,170
6,084
2,459
3,947
499
6,195
11,225
2,998
750
1,470
254
8,424
26,272
86,880
4
493
1,076
818
1,129
3,520
1,910
5,937
2,182
11,384
2,591
1,750
2,000
7,497
611
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3.1840 GBP
3.1842 GBP
3.1864 GBP
3.1958 GBP
3.2032 GBP
3.2042 GBP
3.2048 GBP
3.2070 GBP
3.2079 GBP
3.2084 GBP
3.2121 GBP
3.1868 GBP
3.1870 GBP
3.1881 GBP
3.1939 GBP
3.1945 GBP
3.2038 GBP
3.2041 GBP
3.2080 GBP
3.2133 GBP
3.1768 GBP
3.1832 GBP
3.1833 GBP
3.1840 GBP
3.1960 GBP
3.2016 GBP
3.2017 GBP
3.2020 GBP
3.2030 GBP
3.2033 GBP
3.2065 GBP
3.2066 GBP
3.2068 GBP
3.2070 GBP
3.2153 GBP
3.2199 GBP
3.1797 GBP
3.1840 GBP
3.2041 GBP
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(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security
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Product description e.g. call option
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Writing, purchasing, selling, varying etc.
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Number of securities to which option relates
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Exercise price per unit
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Type
e.g. American, European etc.
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Expiry date
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Option money paid/ received per unit
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|
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|
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|
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(ii) Exercise
Class of relevant security
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Product description
e.g. call option
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Exercising/ exercised against
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Number of securities
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Exercise price per unit
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|
|
|
|
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(d) Other dealings (including subscribing for new securities)
Class of relevant security
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Nature of dealing
e.g. subscription, conversion
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Details
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Price per unit (if applicable)
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|
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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"
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None
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(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"
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None
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Date of disclosure:
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29 February 2024
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Contact name:
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Natasha Mondon
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Telephone number:
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01202 325175
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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.