Form 8.5 (EPT/RI)-Mondi plc

JPMorgan Securities Plc

12 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:	11 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 Purchase Sale Sale	9,122  1,431,369  9,122  1,301,356	320.3512 ZAR  13.5836 GBP  320.3512 ZAR  13.5700 GBP	318.6600 ZAR  13.2450 GBP  318.6600 ZAR  13.2550 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	103  319  1  618  589  672  5,870  570  267  858  3  5,119  1,013  647  363  969  3,592  3,799  2  216,013  37,424  35  6,409  52  2,269  136  11,627  71,239  3,427  35  461  10,187  2,265  53  200  9,916  589  3,085  8  418  187  2,480  2,077  3,032  466  4  4,143  992  15  1,540  822  1,611  7,522  3  1,161  8,259  16,497  16,070  38,190  8  103,638  1,154  437  633  2,997  112  157  74  13,768  951  122  70,848  110  42,353  354  755  278  3  5  900  1,143  9,278  2,512  549  29  2,746  637  75  568  8,949  19  175  169,314  5,908  6,728  3,953  633  6,807  3,737  7,232  19,105  3,340  4,148  1,510  18,709  13,768  9,432  4,148  110  5,905  10,070  2,163  35,419  3  6,123  2,851  2,087  589  8,300  5,140  6,132  5,600  72  11,319  67,500  300,000  169  1  216  3,398  108  5,247  2,348  2,307  873  336  5,014  1,235  1,511  23,380  2,759  1,645  24,966  5,741  75  256  724  2,508  1,158  817  30,378  1,970  10,425  14,351  200  86,169  144  6,584  3,295  64  26,740  1,444  6,490  481  1,289  1,289  134,605  10,390  15,682  30,678  5  3,488  161  249  222  584  3,317  873  639  1,106  848  1,802  4,159  628  3,946  1,647  5,365  4,518  513  35,419  14,565  1,877  8,291  75  270,000	13.2672 GBP 13.2673 GBP 13.2863 GBP 13.3000 GBP 13.3080 GBP 13.3088 GBP 13.3200 GBP 13.3268 GBP 13.3345 GBP 13.3405 GBP 13.3413 GBP 13.3430 GBP 13.3437 GBP 13.3441 GBP 13.3452 GBP 13.3454 GBP 13.3455 GBP 13.3487 GBP 13.3563 GBP 13.3597 GBP 13.3604 GBP 13.3605 GBP 13.3632 GBP 13.3654 GBP 13.3701 GBP 13.3702 GBP 13.3715 GBP 13.3722 GBP 13.3738 GBP 13.3752 GBP 13.3795 GBP 13.3805 GBP 13.3808 GBP 13.3814 GBP 13.3817 GBP 13.3820 GBP 13.3833 GBP 13.3848 GBP 13.3863 GBP 13.3865 GBP 13.3870 GBP 13.3890 GBP 13.3919 GBP 13.3987 GBP 13.3998 GBP 13.4050 GBP 13.4057 GBP 13.4126 GBP 13.4128 GBP 13.4134 GBP 13.4184 GBP 13.4188 GBP 13.4433 GBP 13.4714 GBP 13.4717 GBP 13.4855 GBP 13.4882 GBP 13.4952 GBP 13.4953 GBP 13.4963 GBP 13.4964 GBP 13.4970 GBP 318.8647 ZAR 318.9457 ZAR 319.2383 ZAR 319.2751 ZAR 319.2794 ZAR 319.2795 ZAR 319.3419 ZAR 319.4200 ZAR 319.4400 ZAR 319.5286 ZAR 319.8700 ZAR 319.9360 ZAR 320.0807 ZAR 320.0809 ZAR 320.0831 ZAR 320.4567 ZAR 13.2849 GBP 13.3155 GBP 13.3320 GBP 13.3393 GBP 13.3441 GBP 13.3552 GBP 13.3599 GBP 13.3600 GBP 13.3640 GBP 13.3800 GBP 13.3992 GBP 13.4023 GBP 13.4043 GBP 13.4132 GBP 13.4950 GBP 318.4308 ZAR 318.9170 ZAR 318.9325 ZAR 318.9457 ZAR 319.0063 ZAR 319.0086 ZAR 319.1708 ZAR 319.1880 ZAR 319.2424 ZAR 319.2491 ZAR 319.2609 ZAR 319.2679 ZAR 319.3419 ZAR 319.6030 ZAR 319.6786 ZAR 319.8668 ZAR 320.0785 ZAR 320.2208 ZAR 320.3708 ZAR 320.3953 ZAR 320.4567 ZAR 322.3814 ZAR 323.0219 ZAR 324.6242 ZAR 13.3080 GBP 13.3220 GBP 13.3246 GBP 13.3463 GBP 13.3499 GBP 13.3912 GBP 13.4191 GBP 13.4433 GBP 13.4588 GBP 13.4625 GBP 13.4637 GBP 13.4933 GBP 13.4937 GBP 13.4948 GBP 13.5537 GBP 318.3752 ZAR 318.6504 ZAR 318.6600 ZAR 318.8391 ZAR 319.1164 ZAR 319.1367 ZAR 319.2704 ZAR 319.4200 ZAR 320.4186 ZAR 320.4869 ZAR 320.6326 ZAR 321.6812 ZAR 325.0800 ZAR 13.2750 GBP 13.2941 GBP 13.2980 GBP 13.3066 GBP 13.3093 GBP 13.3328 GBP 13.3341 GBP 13.3362 GBP 13.3390 GBP 13.3450 GBP 13.3477 GBP 13.3510 GBP 13.3530 GBP 13.3548 GBP 13.3550 GBP 13.3551 GBP 13.3561 GBP 13.3639 GBP 13.3700 GBP 13.3703 GBP 13.3811 GBP 13.4027 GBP 13.4145 GBP 13.4822 GBP 13.4885 GBP 13.4950 GBP 13.4961 GBP 13.4976 GBP 13.5551 GBP 318.1607 ZAR 318.3738 ZAR 318.6323 ZAR 318.6600 ZAR 318.7698 ZAR 318.9548 ZAR 319.1301 ZAR 319.2037 ZAR 319.2406 ZAR 319.3069 ZAR 319.3187 ZAR 319.4200 ZAR 319.9451 ZAR 320.0777 ZAR 320.2988 ZAR 320.3953 ZAR 320.4649 ZAR 320.5686 ZAR 322.7154 ZAR 325.0833 ZAR 13.4223 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:	12 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