Form 8.5 (EPT/RI) Amendment

Released : Apr 03, 2024

RNS Number : 1659J
Citigroup Global Markets Limited
03 April 2024
 

 

AVS:

Amendment 2 (a) (b)

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:

Citigroup Global Markets Limited

(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:

Smith (DS) plc

(d) Date dealing undertaken:

28 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"

Mondi plc & International Paper Company

 

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

Sale

942,075

GBP 4.0000

GBP 3.9510

10p ordinary

Purchase

2,932,273

GBP 3.9990

GBP 3.9490

 

(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

TRS

Reducing Short Position

1,349,580

GBP 3.9677

10p ordinary

TRS

Opening Short Position

222,604

GBP 3.9832

10p ordinary

TRS

Reducing Long Position

782

GBP 3.9490

10p ordinary

TRS

Reducing Long Position

8,590

GBP 3.9633

10p ordinary

TRS

Reducing Long Position

2,995

GBP 3.9663

10p ordinary

TRS

Reducing Long Position

467,982

GBP 3.9764

10p ordinary

TRS

Reducing Long Position

819,121

GBP 3.9770

10p ordinary

TRS

Reducing Long Position

1

GBP 3.9800

10p ordinary

TRS

Reducing Long Position

33,691

GBP 3.9986

10p ordinary

TRS

Increasing Long Position

12,526

GBP 3.9608

10p ordinary

TRS

Increasing Long Position

809

GBP 3.9645

10p ordinary

TRS

Increasing Long Position

1,674

GBP 3.9669

10p ordinary

TRS

Increasing Long Position

4,163

GBP 3.9692

10p ordinary

TRS

Increasing Long Position

53,304

GBP 3.9736

10p ordinary

TRS

Increasing Long Position

8,744

GBP 3.9740

10p ordinary

TRS

Increasing Long Position

543,703

GBP 3.9749

10p ordinary

TRS

Increasing Long Position

26,202

GBP 3.9749

10p ordinary

TRS

Increasing Long Position

15,474

GBP 3.9758

10p ordinary

TRS

Increasing Long Position

158,045

GBP 3.9778

10p ordinary

TRS

Increasing Long Position

15,818

GBP 3.9798

10p ordinary

TRS

Increasing Long Position

7,490

GBP 3.9805

10p ordinary

TRS

Increasing Long Position

3,679

GBP 3.9818

10p ordinary

TRS

Increasing Long Position

4,157

GBP 3.9876

10p ordinary

TRS

Increasing Long Position

878

GBP 3.9938

10p ordinary

TRS

Increasing Short Position

2,732

GBP 3.9644

10p ordinary

TRS

Increasing Long Position

49

GBP 3.9570

10p ordinary

TRS

Increasing Long Position

149

GBP 3.9670

10p ordinary

TRS

Increasing Long Position

50

GBP 3.9930

 

(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:                            

03 April 2024

Contact name:

Christopher Alexander Pollock

Telephone number:

02895 954 053

 

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 Panels Market Surveillance Unit is available for consultation in relation to the Codes dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.

 

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