Last checked at 27 Mar 2024 17:44
Amendment - due to the amendment of Equity and Derivatives transactions, the disclosure made on 14th March for dealings on 13th March 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: | 13 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 | 1,083,913 | 13.3250 GBP | 13.1150 GBP |
EUR 0.22 ordinary | Sales | 932,452 | 13.3455 GBP | 13.1257 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 |
EUR 0.22 ordinary | CFD | Increasing a short position | 2,900 | 13.1168 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 2,012 | 13.1257 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 1,890 | 13.1521 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 123 | 13.1741 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 6,518 | 13.1746 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 2,372 | 13.1754 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 1,163 | 13.1754 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 3,406 | 13.1754 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 37 | 13.1757 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 105 | 13.1761 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 74 | 13.1765 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 109 | 13.1780 GBP |
EUR 0.22 ordinary | CFD | Opening a short position | 5,920 | 13.1787 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 2,029 | 13.1799 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 23,750 | 13.1801 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 2,242 | 13.1803 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 1,565 | 13.1803 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 766 | 13.1803 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 8,955 | 13.1813 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 181 | 13.1818 GBP |
EUR 0.22 ordinary | CFD | Opening a short position | 13,387 | 13.1820 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 1,945 | 13.1820 GBP |
EUR 0.22 ordinary | CFD | Opening a short position | 652 | 13.1820 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 126 | 13.1822 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 330 | 13.1829 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 95 | 13.1829 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 64 | 13.1832 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 3,988 | 13.1833 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 154 | 13.1842 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 280 | 13.1849 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 572 | 13.1852 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 813 | 13.1852 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 1,000 | 13.1873 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 84,401 | 13.1877 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 6 | 13.1879 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 3 | 13.1893 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 8 | 13.1896 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 6 | 13.1897 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 432 | 13.1918 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 15 | 13.1933 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 6,695 | 13.1933 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 39 | 13.1934 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 294 | 13.1942 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 86 | 13.1943 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 86 | 13.1947 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 122 | 13.1947 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 3,250 | 13.1949 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 11 | 13.1954 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 31,149 | 13.1961 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 6,967 | 13.1968 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 2 | 13.2013 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 2,848 | 13.2020 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 2,029 | 13.2047 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 1,543 | 13.2098 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 100 | 13.2098 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 97 | 13.2098 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 500 | 13.2098 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 12,600 | 13.2101 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 12,392 | 13.2106 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 20,000 | 13.2271 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 68 | 13.2333 GBP |
EUR 0.22 ordinary | CFD | Reducing a long position | 152 | 13.2612 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 4,644 | 13.2650 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 518 | 13.2680 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 878 | 13.2680 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 47 | 13.2680 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 77 | 13.2680 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 85 | 13.2680 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 253 | 13.2680 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 192 | 13.2730 GBP |
EUR 0.22 ordinary | CFD | Increasing a long position | 56 | 13.2730 GBP |
EUR 0.22 ordinary | CFD | Reducing a short position | 8 | 13.3237 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 163 | 13.3266 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 33,631 | 13.3455 GBP |
EUR 0.22 ordinary | CFD | Opening a long position | 13,079 | 13.3455 GBP |
EUR 0.22 ordinary | CFD | Increasing a short position | 797 | 314.0556 ZAR |
EUR 0.22 ordinary | CFD | Reducing a short position | 800 | 314.8592 ZAR |
EUR 0.22 ordinary | SWAP | Reducing a long position | 4,945 | 13.2246 GBP |
EUR 0.22 ordinary | SWAP | Reducing a short position | 797 | 313.9614 ZAR |
EUR 0.22 ordinary | SWAP | Increasing a short position | 24,049 | 315.0131 ZAR |
EUR 0.22 ordinary | SWAP | Increasing a short position | 131,928 | 315.3685 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: | 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.