Form 8.5 (EPT/RI)-Mondi plc

JPMorgan Securities Plc

22 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:	21 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	418,089 224,886	13.8700 GBP 13.8700 GBP	13.7000 GBP 13.7150 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	145 42 353 338 9,940 28,783 13,315 1,954 1,343 2,870 11,508 4,500 595 19 1,200 17 2,549 4,977 2,743 7,292 8,377 61,633 27,742 2,444 843 59,831 4 308 3,075 1,453 2,487 2,897 126 7,719 699 155 301 73 2,314 748 396 4,031 573 413 989 4,834 3,610 945 525 155 103 81 3,526 47 18,532 24 327 4 1,063 261 216 889 312 741 357 1,453 10,616 800 596 34 10 24 260 40 9,957 12,333 705 6,706 423 7,243 13 19 14 7,350 987 9,400 1,684 3,721 150 985 771 2,287 1,848 290 2,094 339 1,625 11,527 112 803 1,711 128 101 400 86 1,101 1,222 315 842 950 3,219 6,461 924 1,093 127 2 2,849 416 7,956 1,409 24 1,946 5,844 8,379 4 294 49 7,569 1,403 71 317 39 112 113 941 109 43,344 308 130 274 13,375 128	13.7214 GBP 13.7264 GBP 13.7421 GBP 13.7450 GBP 13.7482 GBP 13.7540 GBP 13.7543 GBP 13.7549 GBP 13.7649 GBP 13.7660 GBP 13.7705 GBP 13.7909 GBP 13.8198 GBP 13.8240 GBP 13.8267 GBP 13.8282 GBP 13.8286 GBP 13.8303 GBP 13.8310 GBP 13.8336 GBP 13.8502 GBP 13.8536 GBP 13.8546 GBP 13.8556 GBP 13.8564 GBP 13.8567 GBP 326.9000 ZAR 327.0169 ZAR 327.4191 ZAR 328.1861 ZAR 328.2202 ZAR 328.6363 ZAR 329.1712 ZAR 329.1800 ZAR 13.7423 GBP 13.7549 GBP 13.7593 GBP 13.7626 GBP 13.7652 GBP 13.7699 GBP 13.7719 GBP 13.7725 GBP 13.7749 GBP 13.7814 GBP 13.7820 GBP 13.7835 GBP 13.7898 GBP 13.7902 GBP 13.8020 GBP 13.8074 GBP 13.8096 GBP 13.8145 GBP 13.8442 GBP 13.8540 GBP 13.8549 GBP 13.8550 GBP 325.8223 ZAR 326.1426 ZAR 326.1960 ZAR 327.2593 ZAR 327.3867 ZAR 327.5177 ZAR 327.7660 ZAR 327.8603 ZAR 328.0598 ZAR 328.1861 ZAR 329.0005 ZAR 329.0578 ZAR 330.1226 ZAR 13.7312 GBP 13.7334 GBP 13.7463 GBP 13.7576 GBP 13.7586 GBP 13.7611 GBP 13.7740 GBP 13.7918 GBP 13.8038 GBP 13.8047 GBP 13.8091 GBP 13.8236 GBP 13.8240 GBP 13.8268 GBP 13.8279 GBP 13.8476 GBP 13.8517 GBP 13.8536 GBP 13.8548 GBP 13.8686 GBP 325.9434 ZAR 326.1162 ZAR 326.3319 ZAR 327.5999 ZAR 327.6500 ZAR 327.7583 ZAR 327.7860 ZAR 327.7930 ZAR 327.7970 ZAR 328.0126 ZAR 328.1520 ZAR 328.8595 ZAR 329.1800 ZAR 13.7154 GBP 13.7253 GBP 13.7254 GBP 13.7318 GBP 13.7358 GBP 13.7408 GBP 13.7412 GBP 13.7434 GBP 13.7457 GBP 13.7461 GBP 13.7512 GBP 13.7572 GBP 13.7644 GBP 13.7663 GBP 13.7778 GBP 13.7843 GBP 13.7952 GBP 13.8003 GBP 13.8084 GBP 13.8167 GBP 13.8550 GBP 13.8557 GBP 326.1426 ZAR 326.3652 ZAR 326.5700 ZAR 326.9692 ZAR 327.4572 ZAR 327.4900 ZAR 327.7315 ZAR 327.9600 ZAR 328.0126 ZAR 328.3000 ZAR 330.3863 ZAR 331.6388 ZAR 13.7822 GBP 327.0169 ZAR 329.1013 ZAR 13.8215 GBP 327.7698 ZAR 329.1800 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:	22 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