13th Feb 2024 11:39
This announcement replaces the previous RNS announcement 6785C released at 11:40 on the 9th February 2024. 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: | 08 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 |
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 |
20p Ordinary | Buy
| 16088869 | 3.24900 GBP | 2.84400 GBP |
20p Ordinary | Sell
| 16194243 | 3.24900 GBP | 2.82000 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 | 600 | 3.071 GBP |
10p Ordinary | CFD
| Long | 3508 | 3.134 GBP |
10p Ordinary | CFD
| Long | 1800 | 3.073 GBP |
10p Ordinary | CFD
| Long | 2274 | 3.127 GBP |
10p Ordinary | CFD
| Long | 3672 | 3.122032 GBP |
10p Ordinary | CFD
| Long | 4384 | 3.078 GBP |
10p Ordinary | CFD
| Long | 1286 | 3.091 GBP |
10p Ordinary | CFD
| Long | 2016 | 3.173 GBP |
10p Ordinary | CFD
| Long | 100 | 3.082 GBP |
10p Ordinary | CFD
| Long | 135327 | 3.131519 GBP |
10p Ordinary | CFD
| Long | 2675 | 3.151 GBP |
10p Ordinary | CFD
| Long | 976 | 3.1495 GBP |
10p Ordinary | CFD
| Long | 4538 | 3.088 GBP |
10p Ordinary | CFD
| Long | 1538 | 3.146 GBP |
10p Ordinary | CFD
| Long | 1549 | 3.098 GBP |
10p Ordinary | CFD
| Long | 1063 | 3.114 GBP |
10p Ordinary | CFD
| Long | 4501 | 3.099 GBP |
10p Ordinary | CFD
| Long | 1218 | 3.098409 GBP |
10p Ordinary | CFD
| Long | 5507 | 3.244 GBP |
10p Ordinary | CFD
| Long | 1334 | 3.158 GBP |
10p Ordinary | CFD
| Long | 2529 | 3.153 GBP |
10p Ordinary | CFD
| Long | 1441 | 3.2325 GBP |
10p Ordinary | CFD
| Long | 6616 | 3.16 GBP |
10p Ordinary | CFD
| Long | 971 | 3.221 GBP |
10p Ordinary | CFD
| Long | 1216 | 3.195 GBP |
10p Ordinary | CFD
| Long | 524 | 3.193 GBP |
10p Ordinary | CFD
| Long | 5230 | 3.128 GBP |
10p Ordinary | CFD
| Long | 1390 | 3.188 GBP |
10p Ordinary | CFD
| Long | 2132 | 3.1975 GBP |
10p Ordinary | CFD
| Long | 3886 | 3.167 GBP |
10p Ordinary | CFD
| Long | 3206 | 3.164 GBP |
10p Ordinary | CFD
| Long | 13840 | 2.84213583815029 GBP |
10p Ordinary | CFD
| Long | 34 | 3.11794117647059 GBP |
10p Ordinary | CFD
| Long | 7557 | 2.934751 GBP |
10p Ordinary | CFD
| Long | 40240 | 3.104082 GBP |
10p Ordinary | CFD
| Long | 145662 | 3.08656 GBP |
10p Ordinary | CFD
| Long | 45000 | 3.1451 GBP |
10p Ordinary | CFD
| Long | 45000 | 3.136697 GBP |
10p Ordinary | CFD
| Long | 170000 | 3.111412 GBP |
10p Ordinary | CFD
| Long | 2000 | 3.135129539 GBP |
10p Ordinary | CFD
| Long | 3192301 | 3.03353208 GBP |
10p Ordinary | CFD
| Long | 31389 | 2.84213606677498 GBP |
10p Ordinary | CFD
| Long | 62483 | 3.086 GBP |
10p Ordinary | CFD
| Long | 39051 | 3.089432 GBP |
10p Ordinary | CFD
| Long | 116 | 3.11810344827586 GBP |
10p Ordinary | CFD
| Long | 52006 | 3.12225973926085 GBP |
10p Ordinary | CFD
| Long | 13731 | 3.08714878741534 GBP |
10p Ordinary | CFD
| Long | 2553 | 2.977 GBP |
10p Ordinary | CFD
| Long | 1434 | 2.976089 GBP |
10p Ordinary | CFD
| Long | 317 | 2.976 GBP |
10p Ordinary | CFD
| Long | 1039 | 3.196 GBP |
10p Ordinary | CFD
| Long | 980 | 3.152886 GBP |
10p Ordinary | CFD
| Long | 1014 | 3.17 GBP |
10p Ordinary | CFD
| Long | 1063 | 3.125 GBP |
10p Ordinary | CFD
| Long | 1040 | 3.197 GBP |
10p Ordinary | CFD
| Long | 1583 | 3.168 GBP |
10p Ordinary | CFD
| Long | 989 | 3.103 GBP |
10p Ordinary | CFD
| Long | 1302 | 3.119 GBP |
10p Ordinary | CFD
| Long | 1530 | 2.971 GBP |
10p Ordinary | CFD
| Long | 1056 | 3.113 GBP |
10p Ordinary | CFD
| Long | 1275 | 3.12 GBP |
10p Ordinary | CFD
| Long | 2341 | 3.117 GBP |
10p Ordinary | CFD
| Long | 450 | 3.119111 GBP |
10p Ordinary | CFD
| Long | 14438 | 3.109916 GBP |
10p Ordinary | CFD
| Long | 1 | 2.98 GBP |
10p Ordinary | CFD
| Long | 54967 | 3.119057 GBP |
10p Ordinary | CFD
| Long | 55249 | 3.08975 GBP |
10p Ordinary | CFD
| Long | 82310 | 3.075929 GBP |
10p Ordinary | CFD
| Long | 4058 | 3.129032 GBP |
10p Ordinary | CFD
| Long | 36847 | 3.086551 GBP |
10p Ordinary | CFD
| Long | 83400 | 3.085846 GBP |
10p Ordinary | CFD
| Long | 12203 | 3.10424 GBP |
10p Ordinary | CFD
| Long | 10920 | 3.08596142 GBP |
10p Ordinary | CFD
| Long | 8886 | 3.114994 GBP |
10p Ordinary | CFD
| Long | 41464 | 3.05496192 GBP |
10p Ordinary | CFD
| Long | 44406 | 3.08219288 GBP |
10p Ordinary | CFD
| Long | 63191 | 3.05142002 GBP |
10p Ordinary | CFD
| Long | 8967 | 3.09898423 GBP |
10p Ordinary | CFD
| Long | 50902 | 3.05438133 GBP |
10p Ordinary | CFD
| Long | 96298 | 2.92816205944049 GBP |
10p Ordinary | CFD
| Long | 11074 | 3.08578381795196 GBP |
10p Ordinary | CFD
| Long | 99461 | 3.09621387 GBP |
10p Ordinary | CFD
| Long | 1008 | 3.161 GBP |
10p Ordinary | CFD
| Long | 2652 | 3.074 GBP |
10p Ordinary | CFD
| Short | 34 | 2.93764705882353 GBP |
10p Ordinary | CFD
| Short | 553321 | 3.128434 GBP |
10p Ordinary | CFD
| Short | 67680 | 3.13559604 GBP |
10p Ordinary | CFD
| Short | 485641 | 3.13559603 GBP |
10p Ordinary | CFD
| Short | 8286 | 3.08646391503741 GBP |
10p Ordinary | CFD
| Short | 460 | 3.1485 GBP |
10p Ordinary | CFD
| Short | 72431 | 3.086 GBP |
10p Ordinary | CFD
| Short | 609 | 3.079785 GBP |
10p Ordinary | CFD
| Short | 439 | 3.07937 GBP |
10p Ordinary | CFD
| Short | 10746 | 3.112392 GBP |
10p Ordinary | CFD
| Short | 1608 | 3.12547885572139 GBP |
10p Ordinary | CFD
| Short | 1239 | 3.131938 GBP |
10p Ordinary | CFD
| Short | 99461 | 3.09621 GBP |
10p Ordinary | CFD
| Short | 45000 | 3.1654 GBP |
10p Ordinary | CFD
| Short | 2500 | 3.1512186343 GBP |
10p Ordinary | CFD
| Short | 13500 | 3.1512206343 GBP |
10p Ordinary | CFD
| Short | 3000 | 3.1512216343 GBP |
10p Ordinary | CFD
| Short | 4000 | 3.1512196343 GBP |
10p Ordinary | CFD
| Short | 398468 | 2.93235899 GBP |
10p Ordinary | CFD
| Short | 116 | 2.93758620689655 GBP |
10p Ordinary | CFD
| Short | 3733 | 3.09798285561211 GBP |
10p Ordinary | CFD
| Short | 6723 | 2.975 GBP |
10p Ordinary | CFD
| Short | 1023 | 3.1115 GBP |
10p Ordinary | CFD
| Short | 1094 | 3.1145 GBP |
10p Ordinary | CFD
| Short | 2772 | 2.974 GBP |
10p Ordinary | CFD
| Short | 914 | 2.981 GBP |
10p Ordinary | CFD
| Short | 2859 | 2.970998 GBP |
10p Ordinary | CFD
| Short | 2555 | 3.1175 GBP |
10p Ordinary | CFD
| Short | 966 | 3.123 GBP |
10p Ordinary | CFD
| Short | 2786 | 2.964 GBP |
10p Ordinary | CFD
| Short | 1119 | 2.965 GBP |
10p Ordinary | CFD
| Short | 1 | 3.1405 GBP |
10p Ordinary | CFD
| Short | 322349 | 3.086094 GBP |
10p Ordinary | CFD
| Short | 7273 | 3.092147 GBP |
10p Ordinary | CFD
| Short | 945 | 3.082903 GBP |
10p Ordinary | CFD
| Short | 3391 | 3.102801 GBP |
10p Ordinary | CFD
| Short | 5127 | 3.09764785 GBP |
10p Ordinary | CFD
| Short | 2611 | 3.112 GBP |
10p Ordinary | CFD
| Short | 1139 | 3.151 GBP |
10p Ordinary | CFD
| Short | 1210 | 3.155 GBP |
10p Ordinary | CFD
| Short | 870 | 3.1575 GBP |
10p Ordinary | CFD
| Short | 287 | 3.1565 GBP |
10p Ordinary | CFD
| Short | 1500 | 2.97980666666667 GBP |
10p Ordinary | CFD
| Short | 311972 | 3.13318531791315 GBP |
10p Ordinary | CFD
| Short | 840000 | 3.13259299999048 GBP |
10p Ordinary | CFD
| Short | 400000 | 2.940404 GBP |
10p Ordinary | CFD
| Short | 264000 | 2.99693199996061 GBP |
10p Ordinary | CFD
| Short | 200000 | 2.947818 GBP |
10p Ordinary | CFD
| Short | 200000 | 2.96981985 GBP |
10p Ordinary | CFD
| Short | 4000 | 3.1 GBP |
10p Ordinary | CFD
| Short | 5048 | 3.12 GBP |
10p Ordinary | CFD
| Short | 1637 | 3.147 GBP |
10p Ordinary | CFD
| Short | 47 | 3.144 GBP |
10p Ordinary | CFD
| Short | 3000 | 3.099 GBP |
10p Ordinary | CFD
| Short | 770 | 3.137 GBP |
10p Ordinary | CFD
| Short | 3022 | 3.15 GBP |
10p Ordinary | CFD
| Short | 1894 | 3.135 GBP |
10p Ordinary | CFD
| Short | 354030 | 3.111528 GBP |
10p Ordinary | CFD
| Short | 1117 | 3.134 GBP |
10p Ordinary | CFD
| Short | 1701 | 2.935 GBP |
10p Ordinary | CFD
| Short | 1233 | 3.173 GBP |
10p Ordinary | CFD
| Short | 2290 | 3.122 GBP |
10p Ordinary | CFD
| Short | 1204 | 2.936 GBP |
10p Ordinary | CFD
| Short | 1000 | 3.183 GBP |
10p Ordinary | CFD
| Short | 2287 | 3.1025 GBP |
10p Ordinary | CFD
| Short | 12434 | 2.939 GBP |
10p Ordinary | CFD
| Short | 2302 | 2.9365 GBP |
10p Ordinary | CFD
| Short | 10000 | 3.216 GBP |
10p Ordinary | CFD
| Short | 550 | 2.937 GBP |
10p Ordinary | CFD
| Short | 1053 | 3.234 GBP |
10p Ordinary | CFD
| Short | 1000 | 3.1015 GBP |
10p Ordinary | CFD
| Short | 891 | 2.944966 GBP |
10p Ordinary | CFD
| Short | 884 | 3.193 GBP |
10p Ordinary | CFD
| Short | 1000 | 3.104 GBP |
10p Ordinary | CFD
| Short | 4449 | 2.944 GBP |
10p Ordinary | CFD
| Short | 1000 | 3.17 GBP |
10p Ordinary | CFD
| Short | 1797 | 3.104256 GBP |
10p Ordinary | CFD
| Short | 2157 | 3.111 GBP |
10p Ordinary | CFD
| Short | 676 | 2.972 GBP |
10p Ordinary | CFD
| Short | 611 | 2.989 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: | 13 February 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)