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

Released : Mar 20, 2024

RNS Number : 6713H
JPMorgan Securities Plc
20 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:

13 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

6,990,927

 

2,762,356

3.3920 GBP

 

3.3900 GBP

3.3500 GBP

 

3.3490 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

 

 

 

 

 

 

 

 

 

 

 

 

Opening a short position

11,501

 30,399

 16,821

 54,127

 33,140

 62,830

 

 85,322

 15,982

 2,412

 111

 2,313

 5,347

 3,649

 1,350

 40,179

 20,265

 

 923

 9,597

 

 1,000,000

 9,154

 36

 750,000

 6,861

 250,000

 400,000

 7,505

 1,250,000

 466

 538

 31,338

 250,000

 36

 260,077

 

 403,341

 512

 709

 5,926

 3,201

 250

 41,119

 670

 124

 1,242

 414

 386

 

 234,908

 60,816

 5,503

 3,738

 13,292

 976

 70,445

 23,465

 903

 4,137

 31,557

 6,475

 360

 323

 996

3.3576 GBP

3.3591 GBP

3.3637 GBP

3.3661 GBP

3.3663 GBP

3.3679 GBP

 

3.3600 GBP

3.3605 GBP

3.3624 GBP

3.3625 GBP

3.3629 GBP

3.3649 GBP

3.3658 GBP

3.3672 GBP

3.3690 GBP

3.3691 GBP

 

3.3620 GBP

3.3673 GBP

 

3.3531 GBP

3.3606 GBP

3.3607 GBP

3.3617 GBP

3.3661 GBP

3.3667 GBP

3.3681 GBP

3.3682 GBP

3.3719 GBP

3.3725 GBP

3.3808 GBP

3.3842 GBP

3.3873 GBP

3.3913 GBP

3.3917 GBP

 

3.3600 GBP

3.3640 GBP

3.3659 GBP

3.3664 GBP

3.3671 GBP

3.3674 GBP

3.3719 GBP

3.3739 GBP

3.3816 GBP

3.3888 GBP

3.3889 GBP

3.3898 GBP

 

3.3600 GBP

3.3602 GBP

3.3606 GBP

3.3624 GBP

3.3631 GBP

3.3641 GBP

3.3654 GBP

3.3664 GBP

3.3668 GBP

3.3675 GBP

3.3679 GBP

3.3714 GBP

3.3796 GBP

3.3871 GBP

3.3880 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:

20 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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