1st Mar 2024 11:43
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: | 29 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 |
10p Ordinary | Buy
| 390399 | 3.24100 GBP | 3.19400 GBP |
10p Ordinary | Sell
| 500457 | 3.23800 GBP | 3.20200 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 | 14905 | 3.227894 GBP |
10p Ordinary | CFD
| Long | 12140 | 3.217255 GBP |
10p Ordinary | CFD
| Long | 4399 | 3.227589 GBP |
10p Ordinary | CFD
| Long | 16406 | 3.22095974 GBP |
10p Ordinary | CFD
| Long | 249 | 3.218394 GBP |
10p Ordinary | CFD
| Long | 3317 | 3.222923 GBP |
10p Ordinary | CFD
| Long | 9279 | 3.21798 GBP |
10p Ordinary | CFD
| Long | 2070 | 3.228237 GBP |
10p Ordinary | CFD
| Long | 247 | 3.214447 GBP |
10p Ordinary | CFD
| Long | 849 | 3.218 GBP |
10p Ordinary | CFD
| Long | 2000 | 3.2281434435 GBP |
10p Ordinary | CFD
| Long | 1082 | 3.2185 GBP |
10p Ordinary | CFD
| Long | 935 | 3.222011 GBP |
10p Ordinary | CFD
| Long | 2953 | 3.217 GBP |
10p Ordinary | CFD
| Long | 2486 | 3.211 GBP |
10p Ordinary | CFD
| Long | 72 | 3.217403 GBP |
10p Ordinary | CFD
| Long | 150000 | 3.22211043 GBP |
10p Ordinary | CFD
| Long | 1040 | 3.23051923076923 GBP |
10p Ordinary | CFD
| Long | 2912 | 3.219 GBP |
10p Ordinary | CFD
| Long | 1921 | 3.211089 GBP |
10p Ordinary | CFD
| Long | 9235 | 3.22526475365457 GBP |
10p Ordinary | CFD
| Long | 909 | 3.21 GBP |
10p Ordinary | CFD
| Long | 37045 | 3.215483 GBP |
10p Ordinary | CFD
| Long | 3531 | 3.222 GBP |
10p Ordinary | CFD
| Long | 2500 | 3.2281444435 GBP |
10p Ordinary | CFD
| Long | 1643 | 3.223161 GBP |
10p Ordinary | CFD
| Long | 305 | 3.212 GBP |
10p Ordinary | CFD
| Long | 14625 | 3.217917 GBP |
10p Ordinary | CFD
| Long | 262 | 3.217221 GBP |
10p Ordinary | CFD
| Long | 8919 | 3.219025 GBP |
10p Ordinary | CFD
| Long | 13016 | 3.220839 GBP |
10p Ordinary | CFD
| Long | 12076 | 3.22368 GBP |
10p Ordinary | CFD
| Long | 38033 | 3.223403 GBP |
10p Ordinary | CFD
| Short | 47130 | 3.221 GBP |
10p Ordinary | CFD
| Short | 2743 | 3.2304156 GBP |
10p Ordinary | CFD
| Short | 3367 | 3.2213221 GBP |
10p Ordinary | CFD
| Short | 5896 | 3.21778455 GBP |
10p Ordinary | CFD
| Short | 72 | 3.229 GBP |
10p Ordinary | CFD
| Short | 26327 | 3.229201 GBP |
10p Ordinary | CFD
| Short | 6068 | 3.20985497692815 GBP |
10p Ordinary | CFD
| Short | 2064 | 3.234 GBP |
10p Ordinary | CFD
| Short | 16030 | 3.219205 GBP |
10p Ordinary | CFD
| Short | 618 | 3.209907 GBP |
10p Ordinary | CFD
| Short | 1316 | 3.221948 GBP |
10p Ordinary | CFD
| Short | 1300 | 3.236 GBP |
10p Ordinary | CFD
| Short | 5000 | 3.212234 GBP |
10p Ordinary | CFD
| Short | 2526 | 3.241 GBP |
10p Ordinary | CFD
| Short | 10000 | 3.217 GBP |
10p Ordinary | CFD
| Short | 513 | 3.21705848 GBP |
10p Ordinary | CFD
| Short | 2890 | 3.194 GBP |
10p Ordinary | CFD
| Short | 22360 | 3.22148300536673 GBP |
10p Ordinary | CFD
| Short | 6686 | 3.223542 GBP |
10p Ordinary | CFD
| Short | 34255 | 3.221161 GBP |
10p Ordinary | CFD
| Short | 71665 | 3.220925 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: | 01 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)