Last checked at 5 Apr 2024 15:34
Amendment - due to the amendment of Equity & Derivative transactions, the disclosure made on 9 February for dealings on 8 February has been updated. Sections 2(a) and 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: | 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 the offer? If it is a cash offer or possible cash offer, state "N/A" | YES - disclosing today 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 | 992,1236,904 | 14.2100 GBP324.6531 ZAR | 13.1700 GBP321.5025 ZAR |
EUR 0.22 ordinary | Sales | 1,252,0126,904 | 14.2200 GBP324.6856 ZAR | 13.1750 GBP319.6752 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 | Reducing a long position | 3 | 13.2175 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 2,929 | 13.3295 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 445 | 13.3459 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 483 | 13.3587 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 4,799 | 13.3601 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 14,320 | 13.3602 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 113 | 13.3603 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 15,000 | 13.3613 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 4,713 | 13.3613 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 12 | 13.3617 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 27,783 | 13.3632 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 5,518 | 13.3687 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 2,976 | 13.3707 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 45 | 13.3829 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 915 | 13.3829 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 314 | 13.3829 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 5,819 | 13.3933 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 17,223 | 13.3933 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 1,553 | 13.3933 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 624 | 13.3985 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 57,340 | 13.4015 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 2,952 | 13.4019 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 57,340 | 13.4094 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 14,881 | 13.4265 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 18,442 | 13.4265 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 16,359 | 13.4298 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 2,948 | 13.4427 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 57,340 | 13.4431 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 3,445 | 13.4532 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 2,184 | 13.4532 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 1,447 | 13.4552 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 10,119 | 13.4673 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 38 | 13.4731 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 18 | 13.5150 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 3 | 13.5150 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 50 | 13.5150 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 50 | 13.5150 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 17 | 13.5150 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 52 | 13.5150 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 722 | 13.5568 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 60 | 13.5570 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 2,899 | 13.6020 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 2,912 | 13.6072 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 1,447 | 13.6079 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 2,870 | 13.6162 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 16,854 | 13.6215 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 19 | 13.6460 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 3 | 13.6559 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 11 | 13.6559 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 7 | 13.6559 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 61 | 13.6559 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 237 | 13.6559 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 237 | 13.6559 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 58,267 | 13.6560 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 996 | 13.6630 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 1,122 | 13.7239 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 49,660 | 13.7816 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 1,077 | 13.8318 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 448 | 13.8433 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 9 | 13.8464 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 3,004 | 13.8724 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 1,818 | 13.8830 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 768 | 13.9134 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 10 | 13.9623 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 4 | 13.9623 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 17 | 13.9623 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 357 | 13.9623 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 357 | 13.9623 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 113 | 13.9623 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 69 | 14.0004 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 226 | 14.0004 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 2,293 | 14.0004 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 2,293 | 14.0004 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 680 | 14.0004 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 3,753 | 14.0253 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 111 | 14.0878 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 111 | 14.0878 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 33 | 14.0878 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 1,482 | 14.1179 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 208 | 14.1179 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 7,680 | 14.1348 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 7,700 | 14.1438 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 13 | 14.1721 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 12 | 14.1721 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 74 | 14.1721 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 51 | 14.1721 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 51 | 14.1721 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 4,127 | 14.1827 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 3 | 14.1879 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 1 | 14.1879 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 6 | 14.1879 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 89 | 14.1879 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 89 | 14.1879 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 29 | 14.1879 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 4 | 14.1976 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 5 | 14.1976 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 26 | 14.1976 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 310 | 14.1976 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 325 | 322.1988 ZAR |
EUR 0.22 ordinary | CFD | Reducing a long position | 635 | 324.7505 ZAR |
EUR 0.22 ordinary | SWAP | Increasing a short position | 5,309 | 321.5025 ZAR |
EUR 0.22 ordinary | SWAP | Reducing a short position | 960 | 323.8110 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 |
(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: | 05 April 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.