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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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, 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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1,900,021
1,382,314
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3.5020 GBP
3.5020 GBP
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3.4760 GBP
3.4760 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
Opening a Long Position
Opening a Short Position
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2,952
4,117
35,453
1,498
180,204
17,563
5,671
320
62
11,412
1,520
12,610
8,022
45,055
1,061
8,420
19,723
117
95,570
19,951
200,000
6,073
8,270
2,725
573
29,102
374,825
918
2,193
3,268
4,923
2,730
191
623
4,175
14,232
27
961
326,104
10,541
56,904
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3.4936 GBP
3.4943 GBP
3.4948 GBP
3.4961 GBP
3.4973 GBP
3.5000 GBP
3.4937 GBP
3.4940 GBP
3.4950 GBP
3.4957 GBP
3.4962 GBP
3.4966 GBP
3.4968 GBP
3.4970 GBP
3.4976 GBP
3.4965 GBP
3.4971 GBP
3.4920 GBP
3.4960 GBP
3.4965 GBP
3.4998 GBP
3.4948 GBP
3.4950 GBP
3.4953 GBP
3.4960 GBP
3.4965 GBP
3.4970 GBP
3.4978 GBP
3.4984 GBP
3.4760 GBP
3.4908 GBP
3.4920 GBP
3.4925 GBP
3.4930 GBP
3.4938 GBP
3.4939 GBP
3.4940 GBP
3.4941 GBP
3.4970 GBP
3.4973 GBP
3.4974 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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(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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26 March 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.