6th Mar 2024 12:01
This announcement replaces the previous RNS announcement 6543F released at 11:58 on the 5th March2024. Amendments to sections 2a and 2b. All other information remains unchanged
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: | 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 |
(c) Name of the party to the offer with which exempt principal trader is connected: | Mondi Plc connected to UBS |
(d) Date dealing undertaken: | 04 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 |
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
| 5616258 | 3.32884 GBP | 3.21555 GBP |
10p Ordinary | Sell
| 3882984 | 3.31553 GBP | 3.21600 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 | 611 | 3.299332 GBP |
10p Ordinary | CFD
| Long | 1000 | 3.297 GBP |
10p Ordinary | CFD
| Long | 2040 | 3.293 GBP |
10p Ordinary | CFD
| Long | 1893 | 3.3 GBP |
10p Ordinary | CFD
| Long | 1194 | 3.231 GBP |
10p Ordinary | CFD
| Long | 1525 | 3.2885 GBP |
10p Ordinary | CFD
| Long | 3786 | 3.29 GBP |
10p Ordinary | CFD
| Long | 1892 | 3.266 GBP |
10p Ordinary | CFD
| Long | 19449 | 3.225817 GBP |
10p Ordinary | CFD
| Long | 466 | 3.328841 GBP |
10p Ordinary | CFD
| Long | 27 | 3.2152676 GBP |
10p Ordinary | CFD
| Long | 27 | 3.221 GBP |
10p Ordinary | CFD
| Long | 9697 | 3.281724 GBP |
10p Ordinary | CFD
| Long | 8674 | 3.30460507 GBP |
10p Ordinary | CFD
| Long | 8488 | 3.267922 GBP |
10p Ordinary | CFD
| Long | 268 | 3.23678 GBP |
10p Ordinary | CFD
| Long | 313 | 3.238645 GBP |
10p Ordinary | CFD
| Long | 10512 | 3.237827 GBP |
10p Ordinary | CFD
| Long | 2060 | 3.24165 GBP |
10p Ordinary | CFD
| Long | 7113 | 3.240333 GBP |
10p Ordinary | CFD
| Long | 7155 | 3.22051712089448 GBP |
10p Ordinary | CFD
| Long | 6742 | 3.2845489 GBP |
10p Ordinary | CFD
| Long | 3584 | 3.2880279 GBP |
10p Ordinary | CFD
| Long | 227 | 3.24251542 GBP |
10p Ordinary | CFD
| Long | 1715 | 3.2273137 GBP |
10p Ordinary | CFD
| Long | 1155 | 3.234483 GBP |
10p Ordinary | CFD
| Long | 11315 | 3.282798 GBP |
10p Ordinary | CFD
| Long | 2647 | 3.266172 GBP |
10p Ordinary | CFD
| Long | 202 | 3.26469307 GBP |
10p Ordinary | CFD
| Long | 1192 | 3.292 GBP |
10p Ordinary | CFD
| Long | 1991 | 3.269 GBP |
10p Ordinary | CFD
| Long | 2024 | 3.282 GBP |
10p Ordinary | CFD
| Long | 151 | 3.2378 GBP |
10p Ordinary | CFD
| Long | 320000 | 3.23562776 GBP |
10p Ordinary | CFD
| Long | 12342 | 3.25822395073732 GBP |
10p Ordinary | CFD
| Long | 5979 | 3.27308245526008 GBP |
10p Ordinary | CFD
| Long | 7949 | 3.230929 GBP |
10p Ordinary | CFD
| Long | 24900 | 3.29446947791165 GBP |
10p Ordinary | CFD
| Long | 1218 | 3.264507 GBP |
10p Ordinary | CFD
| Long | 1266 | 3.217 GBP |
10p Ordinary | CFD
| Long | 56605 | 3.281935 GBP |
10p Ordinary | CFD
| Short | 154642 | 3.229197 GBP |
10p Ordinary | CFD
| Long | 1226571 | 3.23506 GBP |
10p Ordinary | CFD
| Short | 1226571 | 3.23506 GBP |
10p Ordinary | CFD
| Short | 1000 | 3.2165 GBP |
10p Ordinary | CFD
| Short | 54 | 3.21669541481481 GBP |
10p Ordinary | CFD
| Short | 1706 | 3.221002 GBP |
10p Ordinary | CFD
| Short | 41120 | 3.23777952 GBP |
10p Ordinary | CFD
| Short | 15132 | 3.228629 GBP |
10p Ordinary | CFD
| Short | 1404 | 3.283066 GBP |
10p Ordinary | CFD
| Short | 240 | 3.26808333 GBP |
10p Ordinary | CFD
| Short | 57009 | 3.221 GBP |
10p Ordinary | CFD
| Short | 190 | 3.21926842 GBP |
10p Ordinary | CFD
| Short | 1715000 | 3.237787 GBP |
10p Ordinary | CFD
| Short | 1776 | 3.288979 GBP |
10p Ordinary | CFD
| Short | 106947 | 3.291144 GBP |
10p Ordinary | CFD
| Short | 1193 | 3.25549791 GBP |
10p Ordinary | CFD
| Short | 11967 | 3.2346555 GBP |
10p Ordinary | CFD
| Short | 37740 | 3.240488 GBP |
10p Ordinary | CFD
| Short | 9073 | 3.255087 GBP |
10p Ordinary | CFD
| Short | 1404 | 3.24152386 GBP |
10p Ordinary | CFD
| Short | 4082 | 3.2211921 GBP |
10p Ordinary | CFD
| Short | 25000 | 3.3101 GBP |
10p Ordinary | CFD
| Short | 25000 | 3.2849 GBP |
10p Ordinary | CFD
| Short | 5000 | 3.27249825 GBP |
10p Ordinary | CFD
| Short | 4881 | 3.22011677934849 GBP |
10p Ordinary | CFD
| Short | 64 | 3.2372 GBP |
10p Ordinary | CFD
| Short | 14415 | 3.220791 GBP |
10p Ordinary | CFD
| Short | 10200 | 3.22457254901961 GBP |
10p Ordinary | CFD
| Short | 2619 | 3.2215 GBP |
10p Ordinary | CFD
| Short | 19299 | 3.221161 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 |
| Date of disclosure: | 06 March 2024 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
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.
Related Shares:
Smith (DS)