Last checked at 4 Apr 2024 11:29
This announcement replaces the previous RNS announcement 1808J released at 12:05 on the 3rd April 2024. Amendments to sections 2a and 2b. All other information remains unchanged.
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: | 28 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
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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
| 7524360 | 4.00717 GBP | 3.54526 GBP |
10p Ordinary | Sell
| 9440383 | 4.00299 GBP | 3.85864 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 | 307 | 3.9581205 GBP |
10p Ordinary | CFD
| Long | 30925 | 3.957595 GBP |
10p Ordinary | CFD
| Long | 2081 | 3.99587362 GBP |
10p Ordinary | CFD
| Long | 41273 | 3.918797 GBP |
10p Ordinary | CFD
| Long | 801344 | 3.967 GBP |
10p Ordinary | CFD
| Long | 13480 | 3.982484 GBP |
10p Ordinary | CFD
| Long | 31813 | 3.966802 GBP |
10p Ordinary | CFD
| Long | 7974 | 3.9825751 GBP |
10p Ordinary | CFD
| Long | 73056 | 3.957636 GBP |
10p Ordinary | CFD
| Long | 20634 | 3.969491 GBP |
10p Ordinary | CFD
| Long | 5607 | 3.95728128 GBP |
10p Ordinary | CFD
| Long | 12463 | 3.966885 GBP |
10p Ordinary | CFD
| Long | 23256 | 3.9856024251806 GBP |
10p Ordinary | CFD
| Long | 12160 | 3.987321 GBP |
10p Ordinary | CFD
| Long | 10758 | 3.99189905186838 GBP |
10p Ordinary | CFD
| Long | 1500 | 3.99966666666667 GBP |
10p Ordinary | CFD
| Long | 2585 | 3.9701 GBP |
10p Ordinary | CFD
| Long | 17170 | 3.96082359 GBP |
10p Ordinary | CFD
| Long | 21040 | 3.97039724 GBP |
10p Ordinary | CFD
| Long | 226528 | 3.97707899244244 GBP |
10p Ordinary | CFD
| Long | 835 | 3.954 GBP |
10p Ordinary | CFD
| Long | 3952 | 3.953 GBP |
10p Ordinary | CFD
| Long | 1188 | 3.956 GBP |
10p Ordinary | CFD
| Long | 3769 | 3.955 GBP |
10p Ordinary | CFD
| Long | 1608 | 3.9535 GBP |
10p Ordinary | CFD
| Long | 600 | 3.962 GBP |
10p Ordinary | CFD
| Long | 3308 | 3.957 GBP |
10p Ordinary | CFD
| Long | 5011 | 4.003 GBP |
10p Ordinary | CFD
| Long | 2885 | 3.976 GBP |
10p Ordinary | CFD
| Long | 6256 | 3.9555 GBP |
10p Ordinary | CFD
| Long | 1304 | 3.9655 GBP |
10p Ordinary | CFD
| Long | 1835 | 3.996 GBP |
10p Ordinary | CFD
| Long | 1665 | 4.0015 GBP |
10p Ordinary | CFD
| Long | 120219 | 3.970529 GBP |
10p Ordinary | CFD
| Long | 1711 | 3.951 GBP |
10p Ordinary | CFD
| Long | 7126 | 3.95 GBP |
10p Ordinary | CFD
| Long | 108809 | 3.961 GBP |
10p Ordinary | CFD
| Long | 2801382 | 3.85864185 GBP |
10p Ordinary | CFD
| Long | 11178 | 3.9552 GBP |
10p Ordinary | CFD
| Long | 1000000 | 3.93908 GBP |
10p Ordinary | CFD
| Long | 171900 | 3.93994 GBP |
10p Ordinary | CFD
| Short | 171900 | 3.93994 GBP |
10p Ordinary | CFD
| Short | 1000000 | 3.93908 GBP |
10p Ordinary | CFD
| Short | 200840 | 3.9869 GBP |
10p Ordinary | CFD
| Short | 9798 | 3.971001 GBP |
10p Ordinary | CFD
| Short | 11478 | 3.97295051 GBP |
10p Ordinary | CFD
| Short | 46174 | 3.8608 GBP |
10p Ordinary | CFD
| Short | 28860 | 3.94390714 GBP |
10p Ordinary | CFD
| Short | 80804 | 3.8666691 GBP |
10p Ordinary | CFD
| Short | 22952 | 3.9509175 GBP |
10p Ordinary | CFD
| Short | 110633 | 3.971282 GBP |
10p Ordinary | CFD
| Short | 16328 | 3.96166217540421 GBP |
10p Ordinary | CFD
| Short | 4866 | 3.972 GBP |
10p Ordinary | CFD
| Short | 920 | 3.9715 GBP |
10p Ordinary | CFD
| Short | 4097 | 3.977 GBP |
10p Ordinary | CFD
| Short | 61755 | 3.976482 GBP |
10p Ordinary | CFD
| Short | 1944000 | 5.03675764 USD |
10p Ordinary | CFD
| Short | 46882 | 3.966985 GBP |
10p Ordinary | CFD
| Short | 14147 | 3.959772 GBP |
10p Ordinary | CFD
| Short | 47624 | 5.01571612 USD |
10p Ordinary | CFD
| Short | 512 | 3.94900390625 GBP |
10p Ordinary | CFD
| Short | 462856 | 3.967 GBP |
10p Ordinary | CFD
| Short | 25870 | 3.9676134 GBP |
10p Ordinary | CFD
| Short | 9816 | 3.968693 GBP |
10p Ordinary | CFD
| Short | 263 | 3.96241825 GBP |
10p Ordinary | CFD
| Short | 9321 | 3.889484 GBP |
10p Ordinary | CFD
| Short | 646 | 3.99117879 GBP |
10p Ordinary | CFD
| Short | 39338 | 3.967198 GBP |
10p Ordinary | CFD
| Short | 501 | 3.9604374 GBP |
10p Ordinary | CFD
| Short | 37473 | 3.97341339 GBP |
10p Ordinary | CFD
| Short | 3565 | 3.99024978 GBP |
10p Ordinary | CFD
| Short | 2698 | 3.955059 GBP |
10p Ordinary | CFD
| Short | 2349 | 3.976696 GBP |
10p Ordinary | CFD
| Short | 24910 | 3.968043 GBP |
10p Ordinary | CFD
| Short | 354 | 3.98016384 GBP |
10p Ordinary | CFD
| Long | 578100 | 3.939936 GBP |
10p Ordinary | CFD
| Short | 578100 | 3.939936 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: | 04 April 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 monitoring@disclosure.org.uk
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.