29th Feb 2024 11:44
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: | 28 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
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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 | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
10p Ordinary | Buy
| 889248 | 3.19000 GBP | 3.15593 GBP |
10p Ordinary | Sell
| 864504 | 3.19000 GBP | 3.15593 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 | 163 | 3.179 GBP |
10p Ordinary | CFD
| Long | 864 | 3.174 GBP |
10p Ordinary | CFD
| Long | 52618 | 3.183431 GBP |
10p Ordinary | CFD
| Long | 51599 | 3.184 GBP |
10p Ordinary | CFD
| Long | 3 | 3.1775 GBP |
10p Ordinary | CFD
| Long | 400 | 3.18585 GBP |
10p Ordinary | CFD
| Long | 7100 | 3.183841 GBP |
10p Ordinary | CFD
| Long | 1128 | 3.186 GBP |
10p Ordinary | CFD
| Long | 280 | 3.1839602 GBP |
10p Ordinary | CFD
| Long | 9858 | 3.179134 GBP |
10p Ordinary | CFD
| Long | 787 | 3.176731855 GBP |
10p Ordinary | CFD
| Long | 32463 | 3.178595 GBP |
10p Ordinary | CFD
| Long | 1720 | 3.180219 GBP |
10p Ordinary | CFD
| Long | 306 | 3.178 GBP |
10p Ordinary | CFD
| Long | 4616 | 3.18676343154246 GBP |
10p Ordinary | CFD
| Long | 2932 | 3.182603 GBP |
10p Ordinary | CFD
| Long | 4115 | 3.179324 GBP |
10p Ordinary | CFD
| Long | 6682 | 3.174228 GBP |
10p Ordinary | CFD
| Long | 728 | 3.171 GBP |
10p Ordinary | CFD
| Long | 1287 | 3.17 GBP |
10p Ordinary | CFD
| Long | 1232 | 3.17595 GBP |
10p Ordinary | CFD
| Short | 7670 | 3.1772 GBP |
10p Ordinary | CFD
| Short | 19326 | 3.183 GBP |
10p Ordinary | CFD
| Short | 47276 | 3.178308 GBP |
10p Ordinary | CFD
| Short | 7775 | 3.171502 GBP |
10p Ordinary | CFD
| Short | 2047 | 3.179243 GBP |
10p Ordinary | CFD
| Short | 20163 | 3.170503 GBP |
10p Ordinary | CFD
| Short | 5395 | 3.166036 GBP |
10p Ordinary | CFD
| Short | 3969 | 3.172259 GBP |
10p Ordinary | CFD
| Short | 2881 | 3.184158 GBP |
10p Ordinary | CFD
| Short | 1890 | 3.1840398 GBP |
10p Ordinary | CFD
| Short | 637 | 3.17435086 GBP |
10p Ordinary | CFD
| Short | 1602 | 3.180291 GBP |
10p Ordinary | CFD
| Short | 2572 | 3.174441 GBP |
10p Ordinary | CFD
| Short | 8459 | 4.030944 USD |
10p Ordinary | CFD
| Short | 5283 | 3.184 GBP |
10p Ordinary | CFD
| Short | 15979 | 3.17169096939733 GBP |
10p Ordinary | CFD
| Short | 9543 | 3.1808760347899 GBP |
10p Ordinary | CFD
| Short | 43522 | 3.1767813979137 GBP |
10p Ordinary | CFD
| Short | 882 | 3.17722222222222 GBP |
10p Ordinary | CFD
| Short | 1153 | 3.17712922810061 GBP |
10p Ordinary | CFD
| Short | 1180 | 3.179 GBP |
10p Ordinary | CFD
| Short | 1690 | 3.174536 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: | 29 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)