Last checked at 18 Mar 2024 18:02
AMENDMENT
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: | J.P. Morgan Securities Plc |
(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: | Corporate broker to Smith (DS) plc |
(d) Date dealing undertaken: | 12 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 this offer? If it is a cash offer or possible cash offer, state "N/A" | Yes, 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 | Purchase Purchase
Sale Sale | 1,351 1,291,837
1,351 1,870,747 | 319.9550 ZAR 13.5664 GBP
319.9550 ZAR 13.5650 GBP | 319.3791 ZAR 13.2850 GBP
319.3791 ZAR 13.2850 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 | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a Long Position
Opening a Short Position | 36,031 48,917 12,472 2 11,294 292 6,539 23,472 3,221 1 1,636 161 1,383 490 6,106 8,370 14,886 305 3,159 73,123 12,754 736 72 1,307 127 7,589 733 8,050 187 91 957 18,543 1,760 208 1,619 157 27,012 42 17,240 363 1,979 5,613 13 81 92 543 255
47,387 115 29,665 376 576 675 12 254 1,187 4,859 325 939 4,273 48 2,760 2,151 144 16,893 705 360 1,313 979 835 116 319 1,022 180
167 38,998 102,621 100,000 7,949 3,786 2,005 161 286 1,940 405,000 4,038 14 8,482 1,654 732 5 1,901 3,681 8 1,359 378,000 30,695 67 2 286 4 2 856 5 3,195 2 17 363 1,979 310 2,115 1,710 2,147 939 5,037 659 485 258 2,794 1 814 971 693
49 4,662 450 38 301 1,442 6,003 7,240 13,902 1,962 15,808 4,371 66 6,785 222,752 577 3,587 10,223 4,038 1,666 310 22,847 7,694 39,520 36,550 762 1,867 38,251 4,693 81 453 5,639 43 123 30,182 1,772 307 14 914 526 124 315 70 17 533 4,417 199 396 684 512 8,620 669 659 485 363 318 240 127 315 387 832
2,177 544 350,000 272 1,088 1,382 4,456 1,585 1,263 743 169 956 91 2,096 14,596 1,870 167
350,000 387 1,919 2,349 2,002 14,687 427 1,323 91 1,318 1,236 493 864 2,278 | 13.2902 GBP 13.2913 GBP 13.2915 GBP 13.2917 GBP 13.2922 GBP 13.2959 GBP 13.3126 GBP 13.3221 GBP 13.3340 GBP 13.3463 GBP 13.3479 GBP 13.3483 GBP 13.3546 GBP 13.3818 GBP 13.3875 GBP 13.3941 GBP 13.4087 GBP 13.4223 GBP 13.4224 GBP 13.4285 GBP 13.4381 GBP 13.4393 GBP 13.4394 GBP 13.4411 GBP 13.4415 GBP 13.4428 GBP 13.4429 GBP 13.4439 GBP 13.4447 GBP 13.4502 GBP 13.4503 GBP 13.4587 GBP 13.4625 GBP 13.4687 GBP 13.4697 GBP 13.4700 GBP 13.4875 GBP 13.5664 GBP 319.6300 ZAR 319.9550 ZAR 319.9600 ZAR 320.2488 ZAR 321.0983 ZAR 321.3571 ZAR 321.4641 ZAR 321.4818 ZAR 321.4876 ZAR
13.2893 GBP 13.2899 GBP 13.2900 GBP 13.3587 GBP 13.4089 GBP 13.4110 GBP 13.4246 GBP 13.4249 GBP 13.4258 GBP 13.4296 GBP 13.4319 GBP 13.4343 GBP 13.4361 GBP 13.4413 GBP 13.4695 GBP 13.5650 GBP 318.8583 ZAR 319.5896 ZAR 319.6083 ZAR 319.6300 ZAR 319.8255 ZAR 320.0609 ZAR 320.1534 ZAR 320.2894 ZAR 320.8726 ZAR 320.9213 ZAR 321.6733 ZAR
13.2883 GBP 13.2887 GBP 13.2896 GBP 13.2900 GBP 13.3064 GBP 13.3070 GBP 13.3143 GBP 13.3483 GBP 13.3662 GBP 13.3682 GBP 13.3895 GBP 13.3896 GBP 13.3928 GBP 13.4237 GBP 13.4327 GBP 13.4369 GBP 13.4397 GBP 13.4443 GBP 13.4448 GBP 13.4462 GBP 13.4576 GBP 13.4590 GBP 13.4610 GBP 13.4685 GBP 13.4687 GBP 13.4766 GBP 319.4300 ZAR 319.4800 ZAR 319.6162 ZAR 319.6300 ZAR 319.6479 ZAR 319.8050 ZAR 319.9500 ZAR 319.9550 ZAR 319.9600 ZAR 320.0000 ZAR 320.0647 ZAR 320.1198 ZAR 320.2874 ZAR 320.3100 ZAR 320.3310 ZAR 320.6470 ZAR 320.8437 ZAR 321.0000 ZAR 321.1475 ZAR 321.2000 ZAR 321.4002 ZAR 321.4712 ZAR 321.7562 ZAR
13.2900 GBP 13.2984 GBP 13.3011 GBP 13.3154 GBP 13.3431 GBP 13.3528 GBP 13.3716 GBP 13.3805 GBP 13.3889 GBP 13.3956 GBP 13.3961 GBP 13.3974 GBP 13.4051 GBP 13.4054 GBP 13.4084 GBP 13.4119 GBP 13.4155 GBP 13.4165 GBP 13.4177 GBP 13.4190 GBP 13.4223 GBP 13.4262 GBP 13.4290 GBP 13.4317 GBP 13.4342 GBP 13.4355 GBP 13.4398 GBP 13.4412 GBP 13.4421 GBP 13.4451 GBP 13.4501 GBP 13.4554 GBP 13.4625 GBP 13.4626 GBP 13.4648 GBP 13.4757 GBP 319.5686 ZAR 319.6886 ZAR 319.6909 ZAR 319.7061 ZAR 319.8700 ZAR 319.9178 ZAR 319.9257 ZAR 319.9500 ZAR 319.9656 ZAR 319.9927 ZAR 320.0849 ZAR 320.1277 ZAR 320.1956 ZAR 320.2087 ZAR 320.2931 ZAR 320.4251 ZAR 320.6470 ZAR 320.8437 ZAR 321.0766 ZAR 321.0857 ZAR 321.2550 ZAR 321.2927 ZAR 321.4452 ZAR 322.6408 ZAR 323.1738 ZAR
13.2934 GBP 13.3285 GBP 13.3850 GBP 13.3859 GBP 13.4558 GBP 319.8084 ZAR 319.8958 ZAR 319.9023 ZAR 319.9465 ZAR 320.0845 ZAR 320.0978 ZAR 320.4519 ZAR 320.5400 ZAR 320.8320 ZAR 320.8745 ZAR 321.6148 ZAR 322.4559 ZAR
13.3850 GBP 319.4300 ZAR 319.9312 ZAR 320.1546 ZAR 320.1822 ZAR 320.3255 ZAR 320.3525 ZAR 320.3886 ZAR 320.5400 ZAR 320.7990 ZAR 321.3269 ZAR 321.4879 ZAR 321.6927 ZAR 323.0210 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 |
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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
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| Date of disclosure: | 18 March 2024 |
| Contact name: | Natasha Mondon |
| Telephone number: | 01202 325175 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.