Form 8.5 (EPT/RI)-Mondi plc

JPMorgan Securities Plc

20 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:	19 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	1,440,015 1,156,705	13.3367 GBP 13.3350 GBP	13.0650 GBP 13.0400 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	1 4,906 116,235 37 600 1,641 60,079 9,381 139 15,788 15,679 12,484 6,687 80,301 9,809 15,706 2,321 23,704 14,730 765 321 12 208 15,890 50 600 493 80 768 35,352 6,178 110 6 1 41 3,117 13,618 6,154 418 3,227 1,549 85,000 1,547 484 1,793 1,611 2,536 50 3,247 2,986 1,495 1,450 7,087 34,443 485 1,628 1 10,500 193 64 19,835 18 122,885 576 1,159 28,445 9,955 67,500 139 241 24 460 2,053 166 210 200 7 1,052 1 10 1 1,449 779 1 2,041 1,993 10,808 6,350 6,859 3,744 393 20 214,294 16,171 41 166 184 1,462 31 1 17 92 7,133 92 7,133	13.0850 GBP 13.1011 GBP 13.1300 GBP 13.1463 GBP 13.1553 GBP 13.1768 GBP 13.1951 GBP 13.1977 GBP 13.2313 GBP 13.2318 GBP 13.2332 GBP 13.2876 GBP 13.3161 GBP 13.3200 GBP 13.3341 GBP 13.3352 GBP 13.3355 GBP 13.3363 GBP 13.3367 GBP 314.5493 ZAR 314.9351 ZAR 315.0000 ZAR 315.2505 ZAR 316.2401 ZAR 316.3500 ZAR 316.7329 ZAR 316.9950 ZAR 318.2000 ZAR 318.3365 ZAR 318.4094 ZAR 318.4700 ZAR 13.1300 GBP 13.1387 GBP 13.1397 GBP 13.1699 GBP 13.2000 GBP 13.2117 GBP 13.2365 GBP 13.3047 GBP 13.3200 GBP 13.3207 GBP 13.3298 GBP 314.6943 ZAR 314.8697 ZAR 315.0448 ZAR 315.1320 ZAR 315.3787 ZAR 316.3468 ZAR 316.3883 ZAR 316.4355 ZAR 317.1623 ZAR 317.5328 ZAR 318.3326 ZAR 318.4286 ZAR 318.4577 ZAR 318.4700 ZAR 13.0850 GBP 13.0942 GBP 13.1137 GBP 13.1139 GBP 13.1184 GBP 13.1254 GBP 13.1300 GBP 13.1370 GBP 13.1432 GBP 13.1784 GBP 13.1929 GBP 13.2174 GBP 13.2313 GBP 13.2498 GBP 13.3333 GBP 13.3337 GBP 13.3348 GBP 314.6534 ZAR 314.6692 ZAR 314.9244 ZAR 314.9300 ZAR 315.3320 ZAR 316.4011 ZAR 318.3800 ZAR 13.0659 GBP 13.1322 GBP 13.1467 GBP 13.1550 GBP 13.1654 GBP 13.1684 GBP 13.1845 GBP 13.1872 GBP 13.2017 GBP 13.2065 GBP 13.2268 GBP 13.2394 GBP 13.2404 GBP 13.3059 GBP 13.3350 GBP 314.7100 ZAR 315.1450 ZAR 315.1873 ZAR 315.2400 ZAR 316.4011 ZAR 316.9626 ZAR 317.1517 ZAR 318.3745 ZAR 317.1517 ZAR 318.3745 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:	20 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