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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UBS Investment Bank, London
|
(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
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(c) Name of the party to the offer with which exempt principal trader is connected:
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Mondi Plc connected to UBS
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(d) Date dealing undertaken:
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22 March 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
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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
|
Purchases/ sales
|
Total number of securities
|
Highest price per unit paid/received
|
Lowest price per unit paid/received
|
10p Ordinary
|
Buy
|
8293141
|
3.50010 GBP
|
3.40688
GBP
|
10p Ordinary
|
Sell
|
5248997
|
3.50100 GBP
|
3.48700 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
|
CFD
|
Long
|
27718
|
3.497 GBP
|
10p Ordinary
|
CFD
|
Long
|
31113
|
3.496518 GBP
|
10p Ordinary
|
CFD
|
Long
|
732
|
3.491516 GBP
|
10p Ordinary
|
CFD
|
Long
|
741
|
3.49033738 GBP
|
10p Ordinary
|
CFD
|
Long
|
1080
|
3.497218 GBP
|
10p Ordinary
|
CFD
|
Long
|
30419
|
3.48903938 GBP
|
10p Ordinary
|
CFD
|
Long
|
5124
|
3.4989727 GBP
|
10p Ordinary
|
CFD
|
Long
|
7223
|
3.497617 GBP
|
10p Ordinary
|
CFD
|
Long
|
29809
|
3.496825 GBP
|
10p Ordinary
|
CFD
|
Long
|
407
|
3.49683 GBP
|
10p Ordinary
|
CFD
|
Long
|
1141
|
3.49921121822962 GBP
|
10p Ordinary
|
CFD
|
Long
|
10000
|
3.4960118 GBP
|
10p Ordinary
|
CFD
|
Long
|
330
|
3.497328 GBP
|
10p Ordinary
|
CFD
|
Long
|
122
|
3.487 GBP
|
10p Ordinary
|
CFD
|
Long
|
5426
|
3.49685219314412 GBP
|
10p Ordinary
|
CFD
|
Long
|
1716
|
3.500758 GBP
|
10p Ordinary
|
CFD
|
Long
|
1460
|
3.492 GBP
|
10p Ordinary
|
CFD
|
Long
|
461
|
3.493 GBP
|
10p Ordinary
|
CFD
|
Long
|
2230
|
3.496 GBP
|
10p Ordinary
|
CFD
|
Long
|
2230
|
3.494 GBP
|
10p Ordinary
|
CFD
|
Long
|
3689
|
3.498 GBP
|
10p Ordinary
|
CFD
|
Long
|
119077
|
3.496463 GBP
|
10p Ordinary
|
CFD
|
Long
|
40600
|
3.49020270935961 GBP
|
10p Ordinary
|
CFD
|
Long
|
61
|
3.4958 GBP
|
10p Ordinary
|
CFD
|
Long
|
2175
|
3.49830299 GBP
|
10p Ordinary
|
CFD
|
Long
|
2253
|
3.49429228 GBP
|
10p Ordinary
|
CFD
|
Long
|
1209
|
3.49712294210091 GBP
|
10p Ordinary
|
CFD
|
Long
|
16888
|
3.494558 GBP
|
10p Ordinary
|
CFD
|
Long
|
3581
|
3.49371098 GBP
|
10p Ordinary
|
CFD
|
Long
|
1035
|
3.49635797 GBP
|
10p Ordinary
|
CFD
|
Long
|
28326
|
3.4970716 GBP
|
10p Ordinary
|
CFD
|
Long
|
25846
|
3.494485 GBP
|
10p Ordinary
|
CFD
|
Long
|
6803
|
3.4934613 GBP
|
10p Ordinary
|
CFD
|
Long
|
23414
|
3.498163 GBP
|
10p Ordinary
|
CFD
|
Short
|
500000
|
3.491545 GBP
|
10p Ordinary
|
CFD
|
Short
|
2495
|
3.486 GBP
|
10p Ordinary
|
CFD
|
Short
|
2000000
|
3.4971164 GBP
|
10p Ordinary
|
CFD
|
Short
|
6
|
3.496 GBP
|
10p Ordinary
|
CFD
|
Short
|
10773
|
3.49704371 GBP
|
10p Ordinary
|
CFD
|
Short
|
5035
|
3.49589076464747 GBP
|
10p Ordinary
|
CFD
|
Short
|
732
|
3.498411 GBP
|
10p Ordinary
|
CFD
|
Short
|
79849
|
3.497 GBP
|
10p Ordinary
|
CFD
|
Short
|
5780
|
3.49724204 GBP
|
10p Ordinary
|
CFD
|
Short
|
18236
|
3.495584 GBP
|
10p Ordinary
|
CFD
|
Short
|
5622
|
3.498416 GBP
|
10p Ordinary
|
CFD
|
Short
|
370370
|
3.4878434 GBP
|
10p Ordinary
|
CFD
|
Short
|
140
|
3.496679 GBP
|
10p Ordinary
|
CFD
|
Short
|
708
|
3.49712 GBP
|
10p Ordinary
|
CFD
|
Short
|
264
|
3.476174 GBP
|
10p Ordinary
|
CFD
|
Short
|
819
|
3.496203 GBP
|
10p Ordinary
|
CFD
|
Short
|
671
|
3.476051 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)
|
|
|
|
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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"
|
None
|
Date of disclosure:
|
25 March 2024
|
Contact name:
|
Richard Howard
|
Telephone number:
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+44 (0)207 568 9128
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Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]
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.