20th Feb 2024 11:42
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: | 19 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" | NO |
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
| 394783 | 3.29399 GBP | 3.26000 GBP |
10p Ordinary | Sell
| 509927 | 3.29399 GBP | 3.27000 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 | 8016 | 3.274 GBP |
10p Ordinary | CFD
| Long | 41638 | 3.27550866996494 GBP |
10p Ordinary | CFD
| Long | 306 | 3.288 GBP |
10p Ordinary | CFD
| Long | 5018 | 3.278432 GBP |
10p Ordinary | CFD
| Long | 29860 | 3.2757 GBP |
10p Ordinary | CFD
| Long | 1129 | 3.286 GBP |
10p Ordinary | CFD
| Long | 1806 | 3.273837 GBP |
10p Ordinary | CFD
| Long | 86705 | 3.283857 GBP |
10p Ordinary | CFD
| Long | 20127 | 3.276543 GBP |
10p Ordinary | CFD
| Long | 12221 | 3.27701877 GBP |
10p Ordinary | CFD
| Long | 1963 | 3.272869 GBP |
10p Ordinary | CFD
| Long | 136 | 3.27786764705882 GBP |
10p Ordinary | CFD
| Long | 1155 | 3.292 GBP |
10p Ordinary | CFD
| Long | 58453 | 3.274261 GBP |
10p Ordinary | CFD
| Long | 2006 | 3.28054 GBP |
10p Ordinary | CFD
| Long | 1990 | 3.291 GBP |
10p Ordinary | CFD
| Long | 30500 | 3.2835262295082 GBP |
10p Ordinary | CFD
| Long | 678 | 3.28890855634218 GBP |
10p Ordinary | CFD
| Long | 1601 | 3.28436602 GBP |
10p Ordinary | CFD
| Long | 1368 | 3.28433878 GBP |
10p Ordinary | CFD
| Long | 986 | 3.28432388 GBP |
10p Ordinary | CFD
| Long | 51 | 3.28235251 GBP |
10p Ordinary | CFD
| Long | 12 | 3.28223486 GBP |
10p Ordinary | CFD
| Long | 8 | 3.28240153 GBP |
10p Ordinary | CFD
| Long | 7 | 3.28290151 GBP |
10p Ordinary | CFD
| Long | 1826 | 3.27978513 GBP |
10p Ordinary | CFD
| Long | 1840 | 3.28249092 GBP |
10p Ordinary | CFD
| Long | 1322 | 3.28248473 GBP |
10p Ordinary | CFD
| Long | 1109 | 3.2889526581064 GBP |
10p Ordinary | CFD
| Long | 1075 | 3.28248585 GBP |
10p Ordinary | CFD
| Long | 940 | 3.28892074682979 GBP |
10p Ordinary | CFD
| Long | 37933 | 3.279179 GBP |
10p Ordinary | CFD
| Long | 3508 | 3.279 GBP |
10p Ordinary | CFD
| Long | 1181 | 3.271 GBP |
10p Ordinary | CFD
| Long | 1370 | 3.273 GBP |
10p Ordinary | CFD
| Long | 2321 | 3.29 GBP |
10p Ordinary | CFD
| Long | 1011 | 3.275 GBP |
10p Ordinary | CFD
| Short | 16825 | 3.2822 GBP |
10p Ordinary | CFD
| Short | 3271 | 3.2825 GBP |
10p Ordinary | CFD
| Short | 7395 | 3.275921 GBP |
10p Ordinary | CFD
| Short | 9117 | 3.28005 GBP |
10p Ordinary | CFD
| Short | 3214 | 3.273731 GBP |
10p Ordinary | CFD
| Short | 42851 | 3.276061 GBP |
10p Ordinary | CFD
| Short | 6433 | 3.272659 GBP |
10p Ordinary | CFD
| Short | 814 | 3.2883 GBP |
10p Ordinary | CFD
| Short | 27018 | 3.274164 GBP |
10p Ordinary | CFD
| Short | 26668 | 3.274 GBP |
10p Ordinary | CFD
| Short | 6339 | 3.268941 GBP |
10p Ordinary | CFD
| Short | 2295 | 3.27538094 GBP |
10p Ordinary | CFD
| Short | 629 | 3.26 GBP |
10p Ordinary | CFD
| Short | 23889 | 3.273922 GBP |
10p Ordinary | CFD
| Short | 3933 | 3.274379 GBP |
10p Ordinary | CFD
| Short | 11563 | 3.27525296203407 GBP |
10p Ordinary | CFD
| Short | 7042 | 3.275586 GBP |
10p Ordinary | CFD
| Short | 6400 | 3.2684984375 GBP |
10p Ordinary | CFD
| Short | 3500 | 3.27462857142857 GBP |
10p Ordinary | CFD
| Short | 561 | 3.273 GBP |
10p Ordinary | CFD
| Short | 39873 | 3.29182279 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 |
|
|
|
|
|
(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: | 20 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)