Form 8.5 (EPT/RI)-Mondi plc

JPMorgan Securities Plc

26 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:	25 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	733,379 121 722,968 121	13.7021 GBP 325.1178 ZAR 13.7000 GBP 325.1178 ZAR	13.5250 GBP 325.1178 ZAR 13.5300 GBP 325.1178 ZAR

(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	4 364 1,822 217 34 684 416 546 3 564 7,112 886 94 30 3,730 3,270 6,357 1,564 682 618 430 3,099 1,805 543 246 2,788 880 322 27,000 10,346 2,021 5,296 8,767 286 7 443 1,179 3,458 3,791 2 3,116 26,851 293 313 11,078 7,234 7,234	13.5514 GBP 13.5810 GBP 13.5886 GBP 13.6711 GBP 13.7017 GBP 323.8784 ZAR 324.2944 ZAR 324.3939 ZAR 324.5600 ZAR 324.7061 ZAR 324.8884 ZAR 324.9695 ZAR 13.6100 GBP 13.6155 GBP 13.6163 GBP 13.6348 GBP 13.6350 GBP 13.6699 GBP 323.9302 ZAR 324.2487 ZAR 324.2775 ZAR 324.4818 ZAR 324.6432 ZAR 325.0934 ZAR 325.0988 ZAR 325.3100 ZAR 13.5416 GBP 13.5605 GBP 13.6072 GBP 13.6105 GBP 13.6205 GBP 13.6986 GBP 13.6998 GBP 323.7626 ZAR 324.5200 ZAR 13.5621 GBP 13.5892 GBP 13.5917 GBP 13.6172 GBP 13.6228 GBP 13.6321 GBP 13.6377 GBP 323.7871 ZAR 324.8481 ZAR 13.7000 GBP 324.8689 ZAR 324.8689 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:	26 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