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

Released : Mar 11, 2024

RNS Number : 4015G
JPMorgan Securities Plc
11 March 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:

7 March 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

 2,441,437

 

 2,631,211

 3.3010 GBP

 

 3.3010 GBP

 3.1280 GBP

 

 3.1310 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

 

 

 

 

 

 

 

 

 

439

 84,903

 12,608

 4,903

 13,295

 13,894

 94,086

 7,520

 19,482

 5,259

 18,661

 298

 12,013

 19,270

 57,266

 98,744

 2,047

 9,022

 199

 7,805

 1,702

 9

 9,710

 

 747

 3,266

 19,800

 97,728

 2,309

 137

 126

 3,021

 39,795

 570,018

 3,525

 2,555

 15,704

 

 1,213

 1,080

 6,639

 2,397

 16,145

 139,088

 5,818

 4,555

 1,096

 45,187

 3,722

 14,156

 1,634

 757

 60,085

 133,847

 255

 4,985

 2,274

 9,399

 24,055

 259

 1,735

 6,876

 

 2,208

 1,000

 5,997

 500,000

 317

 7,500

 4,381

 179,513

 68,180

 

3.1852 GBP

3.2228 GBP

3.2253 GBP

3.2260 GBP

3.2272 GBP

3.2283 GBP

3.2375 GBP

3.2433 GBP

3.2436 GBP

3.2463 GBP

3.2520 GBP

3.2522 GBP

3.2527 GBP

3.2561 GBP

3.2586 GBP

3.2599 GBP

3.2609 GBP

3.2625 GBP

3.2690 GBP

3.2697 GBP

3.2754 GBP

3.2760 GBP

3.2819 GBP

 

3.1550 GBP

3.2041 GBP

3.2375 GBP

3.2376 GBP

3.2424 GBP

3.2498 GBP

3.2500 GBP

3.2504 GBP

3.2517 GBP

3.2520 GBP

3.2568 GBP

3.2597 GBP

3.2601 GBP

 

3.1769 GBP

3.1899 GBP

3.1927 GBP

3.1941 GBP

3.2050 GBP

3.2262 GBP

3.2325 GBP

3.2474 GBP

3.2503 GBP

3.2508 GBP

3.2514 GBP

3.2518 GBP

3.2520 GBP

3.2525 GBP

3.2562 GBP

3.2573 GBP

3.2600 GBP

3.2604 GBP

3.2650 GBP

3.2663 GBP

3.2673 GBP

3.2720 GBP

3.2726 GBP

3.2770 GBP

 

3.1702 GBP

3.1931 GBP

3.2140 GBP

3.2216 GBP

3.2293 GBP

3.2372 GBP

3.2544 GBP

3.2706 GBP

3.2899 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:

11 March 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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