Form 8.5 (EPT/RI)-Mondi plc

JPMorgan Securities Plc

11 March 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:	8 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, 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	5,192,839 2,938,195	13.7500 GBP 13.7400 GBP	13.2600 GBP 13.2775 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	18,977 19,746 43,660 571 23,326 130 490 125,072 29,481 817 23,609 328 480 41,598 567 57 1,033 94,989 8,439 112,780 2,368 8,461 807 110,137 481,021 6,475 27 149,174 90,234 172,338 53,311 6,210 6,277 21,158 174,743 32,557 15,282 848 25,322 55,932 4,485 172,337 94,857 25,063 1,625 224,510 1,600 2,879 13,128 39,654 43,194 8,466 54,573 1,368 3,006 22,252 512 18,210 583 3,990 39,984 4,821 728 12,487 13,555 18,419 668 3,504 3,159 43 85 19,324 88 8,356 1 19,105 13,769 2 24,032 24,032 170 1,513 331 711 2,188 1,084 4,307 85 913 330 11,824 9 105,858 2,399 3,087 20 1,200 5,835 66 3,697 2,313 474 359 588 2,268 3,911 43 1,512 1,067 7,727 88 716 459 64,088 179 523 3,102 19,001 3,587 13 195 13,769 1,378 3,298 1,641 289 24,032 132 15,090 11,810 10,729 126 19,271 222 929 1,522 3,812 4 60,277 9,944 795 131 25,191 3 4,725 29 91,058 1,625 8,207 1 1,035 324,800 30,201 24,032 30,981 1,447 1,048 214 290 1,172 4,992 1 790 5,127 7,858 8 9,132 6,567 1,409 953 200 23,057 66 3,510 1,533 674 2,009 970 10,907 5,090 30,000 9,370 272 4,195 30,000 676 80,215 376 1,107 6,001 23 22,854 2,314 92 8 50,905 3,590 275 17,961 10,543 4,202 1,007 178 20 74 273 14,452 50,000 23,865 528 463 478 462 646 912 368 6 393 7,727 64 791 291 1,348 64,088 464 725 465 12,972 873 22 2,001 13,890 845 530 2,640 826 465 399 2,977 1,280 8	13.1948 GBP 13.3471 GBP 13.3517 GBP 13.3894 GBP 13.4009 GBP 13.4013 GBP 13.4113 GBP 13.4236 GBP 13.4507 GBP 13.4590 GBP 13.4626 GBP 13.4714 GBP 13.4754 GBP 13.4822 GBP 13.4840 GBP 13.4845 GBP 13.4853 GBP 13.4864 GBP 13.4889 GBP 13.4923 GBP 13.4934 GBP 13.4944 GBP 13.5045 GBP 13.5098 GBP 13.5102 GBP 13.5120 GBP 13.5135 GBP 13.5137 GBP 13.5155 GBP 13.5209 GBP 13.5227 GBP 13.5236 GBP 13.5270 GBP 13.5291 GBP 13.5301 GBP 13.5342 GBP 13.5390 GBP 13.5399 GBP 13.5419 GBP 13.5420 GBP 13.5445 GBP 13.5447 GBP 13.5505 GBP 13.5527 GBP 13.5538 GBP 13.5629 GBP 13.5642 GBP 13.5696 GBP 13.5713 GBP 13.5720 GBP 13.5732 GBP 13.5735 GBP 13.5863 GBP 13.5907 GBP 13.5921 GBP 13.5948 GBP 13.5951 GBP 13.5970 GBP 13.6038 GBP 13.6078 GBP 13.6121 GBP 13.6163 GBP 13.6307 GBP 13.6382 GBP 13.6484 GBP 13.6598 GBP 13.7035 GBP 13.7161 GBP 13.7188 GBP 323.7616 ZAR 323.8619 ZAR 323.9896 ZAR 324.0413 ZAR 324.3927 ZAR 324.4900 ZAR 324.9900 ZAR 325.3870 ZAR 326.4000 ZAR 329.2708 ZAR 330.5000 ZAR 13.2846 GBP 13.3313 GBP 13.3616 GBP 13.4049 GBP 13.4254 GBP 13.4572 GBP 13.4600 GBP 13.4649 GBP 13.4687 GBP 13.4777 GBP 13.4816 GBP 13.4841 GBP 13.4850 GBP 13.5192 GBP 13.5356 GBP 13.5540 GBP 13.5550 GBP 13.5616 GBP 13.5638 GBP 13.5743 GBP 320.2554 ZAR 320.3526 ZAR 322.6857 ZAR 323.1824 ZAR 323.2129 ZAR 323.2517 ZAR 323.7616 ZAR 323.7976 ZAR 323.8276 ZAR 323.9481 ZAR 324.0413 ZAR 324.3184 ZAR 324.3944 ZAR 324.4444 ZAR 324.4543 ZAR 324.4932 ZAR 324.8293 ZAR 324.9835 ZAR 325.0544 ZAR 325.1685 ZAR 325.3432 ZAR 325.3870 ZAR 325.5442 ZAR 325.7204 ZAR 326.0423 ZAR 326.2082 ZAR 329.2708 ZAR 13.3132 GBP 13.3698 GBP 13.3739 GBP 13.4083 GBP 13.4087 GBP 13.4097 GBP 13.4138 GBP 13.4286 GBP 13.4708 GBP 13.4774 GBP 13.4824 GBP 13.4833 GBP 13.4837 GBP 13.4848 GBP 13.4850 GBP 13.5060 GBP 13.5362 GBP 13.5385 GBP 13.5485 GBP 13.5532 GBP 13.5538 GBP 13.5684 GBP 13.5847 GBP 13.6112 GBP 13.6166 GBP 13.6682 GBP 17.7022 ZAR 320.7864 ZAR 323.5251 ZAR 323.5406 ZAR 323.6300 ZAR 323.9500 ZAR 324.3404 ZAR 324.4107 ZAR 324.4900 ZAR 324.7698 ZAR 324.9165 ZAR 324.9900 ZAR 325.0800 ZAR 325.7026 ZAR 325.8907 ZAR 326.2771 ZAR 327.1061 ZAR 13.4750 GBP 13.4843 GBP 13.4850 GBP 13.4857 GBP 13.5005 GBP 13.5042 GBP 13.5170 GBP 13.5171 GBP 13.5172 GBP 13.5185 GBP 13.5197 GBP 13.5234 GBP 13.5252 GBP 13.5264 GBP 13.5266 GBP 13.5319 GBP 13.5377 GBP 13.5391 GBP 13.5449 GBP 13.5453 GBP 13.5454 GBP 13.5471 GBP 13.5500 GBP 13.5582 GBP 13.5601 GBP 13.5612 GBP 13.5649 GBP 13.5707 GBP 13.5723 GBP 13.5727 GBP 13.5767 GBP 13.5842 GBP 13.5854 GBP 13.5910 GBP 13.5911 GBP 13.6001 GBP 13.6083 GBP 13.6184 GBP 319.6058 ZAR 319.8537 ZAR 320.0875 ZAR 323.3011 ZAR 323.4035 ZAR 323.4382 ZAR 323.6696 ZAR 323.7052 ZAR 323.7200 ZAR 323.9018 ZAR 323.9481 ZAR 324.0100 ZAR 324.0904 ZAR 324.1264 ZAR 324.1800 ZAR 324.4444 ZAR 324.4455 ZAR 324.8246 ZAR 324.8792 ZAR 324.9865 ZAR 324.9900 ZAR 325.0000 ZAR 325.0984 ZAR 325.3261 ZAR 325.4053 ZAR 325.5365 ZAR 325.6388 ZAR 326.5933 ZAR 326.6302 ZAR 327.0975 ZAR 327.1163 ZAR 327.4172 ZAR 13.3038 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:	11 March 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