Last checked at 3 Apr 2024 11:53
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: | 02 April 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
|
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
| 8207530 | 3.99843 GBP | 3.93000 GBP |
10p Ordinary | Sell
| 5942144 | 3.99800 GBP | 3.92800 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 | 262 | 3.96051908 GBP |
10p Ordinary | CFD
| Long | 2027 | 3.994 GBP |
10p Ordinary | CFD
| Long | 1670 | 3.998 GBP |
10p Ordinary | CFD
| Long | 24114 | 3.964366 GBP |
10p Ordinary | CFD
| Long | 437 | 3.962638 GBP |
10p Ordinary | CFD
| Long | 689 | 3.962917 GBP |
10p Ordinary | CFD
| Long | 321185 | 3.980529 GBP |
10p Ordinary | CFD
| Long | 2963 | 3.974905 GBP |
10p Ordinary | CFD
| Long | 43481 | 3.96430831857593 GBP |
10p Ordinary | CFD
| Long | 8262 | 3.97096502 GBP |
10p Ordinary | CFD
| Long | 1249 | 3.96209448 GBP |
10p Ordinary | CFD
| Long | 98925 | 3.967891 GBP |
10p Ordinary | CFD
| Long | 1004 | 3.9721325 GBP |
10p Ordinary | CFD
| Long | 35911 | 3.957802 GBP |
10p Ordinary | CFD
| Long | 187218 | 3.96536305 GBP |
10p Ordinary | CFD
| Long | 6190 | 3.966162 GBP |
10p Ordinary | CFD
| Long | 475591 | 3.958 GBP |
10p Ordinary | CFD
| Long | 433142 | 3.967 GBP |
10p Ordinary | CFD
| Long | 3604 | 3.98 GBP |
10p Ordinary | CFD
| Long | 17953 | 3.98560964741269 GBP |
10p Ordinary | CFD
| Long | 1157 | 3.949 GBP |
10p Ordinary | CFD
| Long | 134300 | 3.9676242740134 GBP |
10p Ordinary | CFD
| Long | 3800 | 3.95972368421053 GBP |
10p Ordinary | CFD
| Long | 367345 | 3.972558 GBP |
10p Ordinary | CFD
| Long | 6180 | 3.981 GBP |
10p Ordinary | CFD
| Long | 1060 | 3.97202830188679 GBP |
10p Ordinary | CFD
| Long | 2900 | 3.97875862 GBP |
10p Ordinary | CFD
| Long | 20991 | 3.95965214 GBP |
10p Ordinary | CFD
| Long | 3668 | 3.964 GBP |
10p Ordinary | CFD
| Long | 1602 | 3.982 GBP |
10p Ordinary | CFD
| Long | 1100 | 3.948 GBP |
10p Ordinary | CFD
| Long | 137 | 3.968 GBP |
10p Ordinary | CFD
| Long | 1000 | 3.94 GBP |
10p Ordinary | CFD
| Long | 2173 | 3.942959 GBP |
10p Ordinary | CFD
| Long | 2179 | 3.94958 GBP |
10p Ordinary | CFD
| Long | 10640 | 3.991148 GBP |
10p Ordinary | CFD
| Long | 29528 | 3.96 GBP |
10p Ordinary | CFD
| Long | 8272 | 3.956 GBP |
10p Ordinary | CFD
| Long | 24583 | 3.95 GBP |
10p Ordinary | CFD
| Long | 36448 | 3.99 GBP |
10p Ordinary | CFD
| Long | 4223 | 3.996666 GBP |
10p Ordinary | CFD
| Long | 835 | 3.993 GBP |
10p Ordinary | CFD
| Long | 757 | 3.997 GBP |
10p Ordinary | CFD
| Short | 7510 | 3.9529 GBP |
10p Ordinary | CFD
| Short | 37544 | 3.964196 GBP |
10p Ordinary | CFD
| Short | 500000 | 3.963168 GBP |
10p Ordinary | CFD
| Short | 500000 | 3.957331 GBP |
10p Ordinary | CFD
| Short | 6960 | 3.93 GBP |
10p Ordinary | CFD
| Short | 139565 | 3.958 GBP |
10p Ordinary | CFD
| Short | 690 | 3.95872464 GBP |
10p Ordinary | CFD
| Short | 8237 | 3.973072 GBP |
10p Ordinary | CFD
| Short | 8890 | 3.972223 GBP |
10p Ordinary | CFD
| Short | 205 | 3.958195 GBP |
10p Ordinary | CFD
| Short | 31840 | 3.998483 GBP |
10p Ordinary | CFD
| Short | 16507 | 3.981276 GBP |
10p Ordinary | CFD
| Short | 7142 | 3.97991001 GBP |
10p Ordinary | CFD
| Short | 1771 | 3.98907962 GBP |
10p Ordinary | CFD
| Short | 23285 | 3.970008 GBP |
10p Ordinary | CFD
| Short | 433142 | 3.967 GBP |
10p Ordinary | CFD
| Short | 750000 | 3.9710145 GBP |
10p Ordinary | CFD
| Short | 500000 | 3.9701 GBP |
10p Ordinary | CFD
| Short | 300000 | 3.9767 GBP |
10p Ordinary | CFD
| Short | 200000 | 3.972014 GBP |
10p Ordinary | CFD
| Short | 98416 | 3.942939 GBP |
10p Ordinary | CFD
| Short | 16 | 3.9777813 GBP |
10p Ordinary | CFD
| Short | 1007962 | 3.96330566 GBP |
10p Ordinary | CFD
| Short | 7065 | 4.97762038 USD |
10p Ordinary | CFD
| Short | 15673 | 3.97351879027627 GBP |
10p Ordinary | CFD
| Short | 3938 | 3.94909929 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 |
|
|
|
|
|
(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: | 03 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.