14th Feb 2024 18:07
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 | Mondi 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: | 9 February 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, Smith (DS) 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 |
EUR 0.22 ordinary | Purchase
Sale | 1,047,544
581,974 | 13.4413 GBP
13.4400 GBP | 13.3150 GBP
13.3200 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 |
EUR 0.22 ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position | 4,067 64 10,525 34 10 2,997 978 30,000 22,829 1,774 99 209 2 12,911 950 12 2,161 2,828 31,778 1,120 127 28 31,313 7,095 77 4 60,000 9,042 8,382 3 37 46,327 3,124 442 822 288 10,555 6,374 1 272 14 22 16 13 1,219 2,135 5,460 556 833 8,428 3,909 4,443 1,997 116 118 1,459 4,758 2 7,426 5 1,751 2 353 708 4,067 313
10,186 3,942 818 283 179 52 3,720 1,115 337 2,150 7,749 579 100 624 20 636 236 96 524 103 5,922 11,487 73,696 192 13,289 2,470 210 1,584 2,135 19,862 1,997 14,209 1,758 1,214
49 5 37,453 18,645 1,107 91 1 2,658 41,361 36 111 594 58 11,782 21,524 10,450 4,067 621 107 6,500 1,750 3,399 642 276 5,656 944 802 4,067 5,066 1,299
103 9,205 1,868 3,601 16,196 35 6,654 2,675 19,593 3,108 739 4,212 2,555 16,102 1,794 1,094 580 2,722 469 598 718 44 1,860 168 57,857 1 626 1,108 1,131 14,620 196 36,482 9,196 4,168 1,176 1,015 882 142 837 1,750 1,023 2,124 1,075 14,664 5,035 8,848 619 936 1,287
2,690 2,174
76,937 | 13.3428 GBP 13.3472 GBP 13.3591 GBP 13.3609 GBP 13.3613 GBP 13.3616 GBP 13.3644 GBP 13.3717 GBP 13.3735 GBP 13.3743 GBP 13.3752 GBP 13.3763 GBP 13.3767 GBP 13.3783 GBP 13.3792 GBP 13.3798 GBP 13.3803 GBP 13.3842 GBP 13.3852 GBP 13.3864 GBP 13.3872 GBP 13.3918 GBP 13.3937 GBP 13.3957 GBP 13.3993 GBP 13.4001 GBP 13.4017 GBP 13.4084 GBP 13.4254 GBP 13.4260 GBP 13.4395 GBP 13.4400 GBP 13.4402 GBP 13.4403 GBP 13.4404 GBP 13.4409 GBP 13.4413 GBP 319.9797 ZAR 320.4971 ZAR 320.5654 ZAR 320.6637 ZAR 320.6826 ZAR 320.7705 ZAR 320.7887 ZAR 320.7943 ZAR 320.8491 ZAR 320.8730 ZAR 320.9302 ZAR 320.9309 ZAR 320.9323 ZAR 320.9327 ZAR 320.9331 ZAR 320.9344 ZAR 320.9485 ZAR 320.9505 ZAR 320.9518 ZAR 321.0253 ZAR 321.1079 ZAR 321.1876 ZAR 321.2000 ZAR 321.2400 ZAR 321.2700 ZAR 321.2805 ZAR 321.9181 ZAR 322.0700 ZAR 322.3613 ZAR
13.3426 GBP 13.3504 GBP 13.3584 GBP 13.3646 GBP 13.3674 GBP 13.3702 GBP 13.3716 GBP 13.3725 GBP 13.3731 GBP 13.3759 GBP 13.3787 GBP 13.3887 GBP 13.3899 GBP 13.3915 GBP 13.3940 GBP 13.3969 GBP 13.3985 GBP 13.4015 GBP 13.4135 GBP 13.4150 GBP 13.4204 GBP 13.4399 GBP 13.4400 GBP 320.1577 ZAR 320.5282 ZAR 320.5906 ZAR 320.7359 ZAR 320.8319 ZAR 320.8491 ZAR 320.9341 ZAR 320.9344 ZAR 321.1936 ZAR 321.2400 ZAR 321.3549 ZAR
13.3472 GBP 13.3487 GBP 13.3693 GBP 13.3714 GBP 13.3837 GBP 13.3840 GBP 13.3850 GBP 13.3896 GBP 13.3925 GBP 13.4022 GBP 13.4024 GBP 13.4095 GBP 13.4374 GBP 13.4381 GBP 13.4387 GBP 13.4398 GBP 16.9868 ZAR 320.5032 ZAR 320.7830 ZAR 320.8728 ZAR 320.9321 ZAR 320.9514 ZAR 321.0499 ZAR 321.1366 ZAR 321.2000 ZAR 321.2024 ZAR 321.2418 ZAR 321.2463 ZAR 321.2612 ZAR 321.7637 ZAR
13.3325 GBP 13.3624 GBP 13.3693 GBP 13.3713 GBP 13.3731 GBP 13.3751 GBP 13.3761 GBP 13.3772 GBP 13.3807 GBP 13.3808 GBP 13.3816 GBP 13.3829 GBP 13.3831 GBP 13.3866 GBP 13.3869 GBP 13.3871 GBP 13.3889 GBP 13.3894 GBP 13.3904 GBP 13.3950 GBP 13.3967 GBP 13.3973 GBP 13.3984 GBP 13.3998 GBP 13.4000 GBP 13.4001 GBP 13.4005 GBP 13.4052 GBP 13.4079 GBP 13.4100 GBP 13.4103 GBP 13.4400 GBP 13.4402 GBP 13.4407 GBP 320.1359 ZAR 320.4525 ZAR 320.5024 ZAR 320.7390 ZAR 320.8516 ZAR 320.9321 ZAR 321.0609 ZAR 321.0704 ZAR 321.1585 ZAR 321.2000 ZAR 321.2418 ZAR 321.2595 ZAR 321.2978 ZAR 321.3563 ZAR 321.5548 ZAR
13.3987 GBP 13.4206 GBP
13.3710 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 |
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(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" |
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
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| Date of disclosure: | 14 February 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.
Related Shares:
Mondi