Form 8.5 (EPT/RI)-Mondi plc

JPMorgan Securities Plc

28 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:	27 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	1,039,869 627,838	14.0850 GBP 14.0850 GBP	13.7700 GBP 13.7650 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 Short Position	129 1,367 24 603 23 1,097 106 54,732 80,000 75,955 70 44,320 33 77,865 1,105 18,004 2,625 88 172,187 100 1,061 610 819 1,336 3,569 130,998 7,441 1,823 772 1,169 385 15,931 20 2,424 1,508 124 18,161 15,559 19 2,842 59 59 1,586 410 2,591 9 4,307 8,990 1,292 5,698 1,312 2,358 28,027 14,957 550 3,946 1,544 893 4,843 4,548 533 74 1,593 3,275 2,424 618 1,508 18,161 3,664 143 6,781 1,006 1,318 61 1,478 1,496 674 129 8,864 3,479 12 4,238 3,500 94,441 234 159 2,038 22,597 3,808 1,434 14,396 35 1,386 4,785 1,009 100,031 996 8,935 996 1,278 54 119 292 1 97 2,379 8,994 278 100 904 139 340 4,093 917 148 2,192 9,345 1,510 12,016 1,454 502 4,170 1,787 1,611 1,775 11,144 4,449 25 1,958 99 59 14,724 9,429 100 189 1,330 97 54 688 89 60 898 2,379 6,781 497 666 4,637 278 5,366	13.1355 GBP 13.7989 GBP 13.8117 GBP 13.8169 GBP 13.8346 GBP 13.8407 GBP 13.8724 GBP 13.8752 GBP 13.8986 GBP 13.9254 GBP 13.9302 GBP 13.9401 GBP 13.9455 GBP 13.9541 GBP 13.9679 GBP 13.9865 GBP 13.9952 GBP 14.0014 GBP 14.0022 GBP 14.0085 GBP 14.0095 GBP 14.0098 GBP 14.0145 GBP 14.0147 GBP 14.0302 GBP 14.0314 GBP 14.0359 GBP 14.0391 GBP 14.0465 GBP 14.0482 GBP 14.0708 GBP 335.5439 ZAR 335.5786 ZAR 336.4555 ZAR 336.6138 ZAR 336.6675 ZAR 336.8100 ZAR 337.1750 ZAR 342.3300 ZAR 13.8118 GBP 13.8449 GBP 13.8450 GBP 13.8709 GBP 13.9167 GBP 13.9381 GBP 13.9396 GBP 13.9465 GBP 13.9478 GBP 13.9641 GBP 13.9643 GBP 13.9686 GBP 13.9994 GBP 14.0298 GBP 14.0300 GBP 14.0699 GBP 334.1649 ZAR 334.2924 ZAR 334.3803 ZAR 334.6831 ZAR 335.2766 ZAR 335.5086 ZAR 335.5786 ZAR 335.6596 ZAR 335.9545 ZAR 336.4555 ZAR 336.5107 ZAR 336.6138 ZAR 336.7662 ZAR 336.8664 ZAR 337.4199 ZAR 337.7702 ZAR 339.1207 ZAR 339.4746 ZAR 339.6800 ZAR 341.4784 ZAR 341.7109 ZAR 341.7704 ZAR 13.1355 GBP 13.8000 GBP 13.8183 GBP 13.9061 GBP 13.9175 GBP 13.9202 GBP 13.9494 GBP 13.9544 GBP 13.9592 GBP 13.9630 GBP 13.9687 GBP 13.9905 GBP 14.0026 GBP 14.0060 GBP 14.0136 GBP 14.0282 GBP 14.0286 GBP 14.0298 GBP 14.0300 GBP 14.0325 GBP 14.0334 GBP 14.0356 GBP 14.0371 GBP 14.0375 GBP 14.0436 GBP 14.0574 GBP 334.5800 ZAR 335.4356 ZAR 337.2530 ZAR 339.9952 ZAR 343.9110 ZAR 13.7950 GBP 13.7995 GBP 13.8054 GBP 13.8103 GBP 13.8131 GBP 13.8214 GBP 13.8325 GBP 13.8519 GBP 13.8658 GBP 13.8990 GBP 13.9056 GBP 13.9184 GBP 13.9226 GBP 13.9458 GBP 13.9480 GBP 13.9519 GBP 13.9550 GBP 13.9640 GBP 13.9830 GBP 14.0001 GBP 14.0022 GBP 14.0100 GBP 14.0300 GBP 14.0307 GBP 14.0314 GBP 14.0501 GBP 334.5795 ZAR 334.9362 ZAR 335.4356 ZAR 335.5786 ZAR 335.6824 ZAR 335.8700 ZAR 336.0623 ZAR 336.4633 ZAR 337.2530 ZAR 337.7702 ZAR 339.4606 ZAR 341.1890 ZAR 342.9625 ZAR 343.9729 ZAR 13.9592 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:	28 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