Last checked at 27 Mar 2024 17:47
Amendment - due to the amendment of Derivative transactions, the disclosure made on 18th March for dealings on 15th March has been updated. Sections 2(b) have been updated.
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: | (GS) GOLDMAN SACHS INTERNATIONAL |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | MONDI PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | SMITH (DS) PLC |
(d) Date dealing undertaken: | 15 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 the offer? If it is a cash offer or possible cash offer, state "N/A" | YES - disclosed previously for SMITH (DS) PLC |
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 |
EUR 0.22 ordinary | Purchases | 628,94112 | 13.4450 GBP318.8375 ZAR | 13.2250 GBP318.8375 ZAR |
EUR 0.22 ordinary | Sales | 544,25612 | 13.4900 GBP318.8375 ZAR | 13.2350 GBP318.8375 ZAR |
(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 |
EUR 0.22 ordinary | CFD | Increasing a long position | 59 | 13.1150 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 64 | 13.1150 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 12 | 13.1150 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 9 | 13.1150 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 1 | 13.1150 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 20 | 13.1150 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 3 | 13.1150 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 37 | 13.2337 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 1,394 | 13.2360 GBP |
EUR 0.22 ordinary | CFD | Opening a short position | 463 | 13.2366 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 2 | 13.3042 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 2 | 13.3042 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 1 | 13.3042 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 400 | 13.3051 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 90 | 13.3126 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 35 | 13.3126 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 73 | 13.3135 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 25 | 13.3135 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 400 | 13.3146 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 8,989 | 13.3180 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 355 | 13.3182 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 9,194 | 13.3184 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 463 | 13.3184 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 1,126 | 13.3187 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 2,919 | 13.3192 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 14,474 | 13.3199 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 355 | 13.3199 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 116 | 13.3202 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 3,212 | 13.3202 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 3,286 | 13.3203 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 2,162 | 13.3203 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 1,121 | 13.3203 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 598 | 13.3211 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 199 | 13.3211 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 7,523 | 13.3212 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 6,575 | 13.3213 GBP |
EUR 0.22 ordinary | CFD | Opening a short position | 8,864 | 13.3216 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 6,000 | 13.3221 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 448 | 13.3230 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 199 | 13.3230 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 2,737 | 13.3248 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 1,576 | 13.3250 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 2,969 | 13.3250 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 4,605 | 13.3251 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 2,177 | 13.3254 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 5,980 | 13.3254 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 6,578 | 13.3261 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 6,706 | 13.3274 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 196 | 13.3292 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 60 | 13.3302 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 17 | 13.3302 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 198 | 13.3304 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 137 | 13.3307 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 91 | 13.3327 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 2,300 | 13.3328 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 8,734 | 13.3328 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 277 | 13.3331 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 194 | 13.3333 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 66 | 13.3334 GBP |
EUR 0.22 ordinary | CFD | Opening a short position | 6,295 | 13.3364 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 6,874 | 13.3388 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 35 | 13.3399 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 64 | 13.3446 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 1,420 | 13.3466 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 84 | 13.3472 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 412 | 13.3507 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 284 | 13.3508 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 140 | 13.3510 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 105 | 13.3557 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 153 | 13.3558 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 51 | 13.3560 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 140 | 13.3580 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 8 | 13.3580 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 42 | 13.3580 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 698 | 13.3605 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 103 | 13.3605 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 29,700 | 16.9298 USD |
EUR 0.22 ordinary | CFD | Reducing a short position | 300 | 16.9298 USD |
EUR 0.22 ordinary | CFD | Opening a short position | 29,700 | 17.0129 USD |
EUR 0.22 ordinary | CFD | Opening a short position | 300 | 17.0129 USD |
EUR 0.22 ordinary | CFD | Reducing a long position | 73,345 | 315.6800 ZAR |
EUR 0.22 ordinary | CFD | Reducing a short position | 3,365 | 317.4332 ZAR |
EUR 0.22 ordinary | SWAP | Increasing a long position | 694 | 13.2937 GBP |
EUR 0.22 ordinary | SWAP | Reducing a short position | 73,345 | 315.6800 ZAR |
EUR 0.22 ordinary | SWAP | Increasing a short position | 140,265 | 317.6697 ZAR |
EUR 0.22 ordinary | SWAP | Reducing a short position | 276,107 | 318.4732 ZAR |
EUR 0.22 ordinary | SWAP | Reducing a short position | 276,107 | 318.4732 ZAR |
(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 |
EUR 0.22 ordinary | Put Option / (1.00 : 1,001.00) | Exercising | 20 (20,020) | 13.4900 GBP |
(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: | 27 March 2024 |
| Contact name: | Papa Lette and Andrzej Szyszka |
| Telephone number: | +33(1) 4212 1459 / +48(22) 317 4817 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.