Form 8.5 (EPT/RI)-Mondi plc

JPMorgan Securities Plc

14 February 2024

 

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:	13 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 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 Sale	120,500 1,297,083 120,500 1,223,602	323.9939 ZAR 13.6233 GBP 323.9939 ZAR 13.6400 GBP	323.9939 ZAR 13.4448 GBP 323.9939 ZAR 13.4250 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	40,000 3,636 1,178 1,564 723 116 53 574 969 10 8,879 58 32 2,653 1,048 12 142 45 31 9 1,849 27,099 536 2,784 8,139 199 3,785 11,041 450 265 1,314 1,048 87 38,626 351 2,382 5,111 926 38 182 1,630 301 1,498 3,952 5,549 2,355 4,083 10,471 627 3,867 737 20,836 1,550 2,467 709 222 1,658 265 10 474 1,786 29,135 10,923 14,826 450 2,314 16,560 6,602 6,773 6,580 11,423 583 2,326 1,178 374 57,739 7,911 5,073 7,869 628 5,702 66,248 5,894 485 1,207 79 78 698 1,048 9 856 2,043 60 1 60 3,785 11,041 6,500 137 606 1,775 6,500 11 120 1,048 15,968 74,497 1,467 4,661 1,812 3,861 1,642 8,193 4 6,091 9,487 1,660 18 270 209 1,732 762 208 124 134 842 1,505 4,675 2,447 146 1,152 1,454 14,826 606 4,757 1,285 150 350 1,086 90 11 919 698 4,500	13.4600 GBP 13.4602 GBP 13.4877 GBP 13.5420 GBP 13.5577 GBP 13.5590 GBP 13.5668 GBP 13.5684 GBP 13.5760 GBP 13.5764 GBP 13.5784 GBP 13.5789 GBP 13.5864 GBP 13.5887 GBP 13.5902 GBP 13.5961 GBP 13.6054 GBP 13.6064 GBP 13.6224 GBP 13.6264 GBP 323.9506 ZAR 323.9600 ZAR 323.9755 ZAR 324.0107 ZAR 324.0242 ZAR 324.0300 ZAR 324.1028 ZAR 324.1270 ZAR 324.1421 ZAR 324.3413 ZAR 324.3685 ZAR 325.5000 ZAR 13.4591 GBP 13.4593 GBP 13.4599 GBP 13.4600 GBP 13.4603 GBP 13.4605 GBP 13.4674 GBP 13.4853 GBP 13.4873 GBP 13.4999 GBP 13.5006 GBP 13.5024 GBP 13.5031 GBP 13.5039 GBP 13.5081 GBP 13.5102 GBP 13.5124 GBP 13.5168 GBP 13.5169 GBP 13.5205 GBP 13.5239 GBP 13.5338 GBP 13.5659 GBP 13.5660 GBP 13.5710 GBP 13.5845 GBP 13.5946 GBP 323.6986 ZAR 323.8613 ZAR 323.9200 ZAR 324.0208 ZAR 324.1208 ZAR 324.1421 ZAR 324.2420 ZAR 13.4587 GBP 13.4601 GBP 13.4628 GBP 13.4632 GBP 13.4646 GBP 13.4671 GBP 13.4784 GBP 13.4877 GBP 13.4972 GBP 13.5003 GBP 13.5060 GBP 13.5093 GBP 13.5120 GBP 13.5219 GBP 13.5254 GBP 13.5397 GBP 13.5462 GBP 13.5463 GBP 13.5465 GBP 13.5680 GBP 13.6111 GBP 13.6128 GBP 17.2131 ZAR 323.0600 ZAR 323.7142 ZAR 323.7408 ZAR 323.8160 ZAR 323.9300 ZAR 323.9500 ZAR 323.9601 ZAR 323.9608 ZAR 323.9727 ZAR 323.9786 ZAR 323.9815 ZAR 323.9890 ZAR 324.0216 ZAR 324.4067 ZAR 324.5100 ZAR 325.0435 ZAR 13.4509 GBP 13.4600 GBP 13.4603 GBP 13.4614 GBP 13.4861 GBP 13.4864 GBP 13.4966 GBP 13.5218 GBP 13.5229 GBP 13.5231 GBP 13.5444 GBP 13.5600 GBP 13.5650 GBP 13.5651 GBP 13.5654 GBP 13.5660 GBP 13.5695 GBP 13.5751 GBP 13.5803 GBP 13.6004 GBP 323.8071 ZAR 323.8248 ZAR 323.8334 ZAR 323.8408 ZAR 323.9220 ZAR 323.9438 ZAR 323.9546 ZAR 323.9606 ZAR 323.9815 ZAR 324.0125 ZAR 324.0444 ZAR 324.1512 ZAR 324.1597 ZAR 324.1701 ZAR 324.2806 ZAR 324.4067 ZAR 324.4676 ZAR 325.4940 ZAR 13.4649 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:	14 February 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 [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END