Form 8.5 (EPT/RI)-Mondi plc

JPMorgan Securities Plc

28 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:	27 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 & International Paper Company

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	3,156,924 68,771 3,555,013 68,771	14.2850 GBP 339.4193 ZAR 14.2472 GBP 339.4193 ZAR	13.9050 GBP 339.4193 ZAR 13.9050 GBP 339.4193 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	4,611 153 2,249 79,815 68,000 2,349 62,770 1 3,440 9,203 2,356 813 3,720 2,448 2,851 732 735 359 146 18 84,072 237 7,940 501 983 49,972 157,251 50,000 73 40 680 24,750 93 170 695 516 9,839 2,435 6,487 171 2,814 1,283 442 1,720 96,570 207 175 789 1,134 130 382 530 71 3,374 524 524	13.9538 GBP 13.9868 GBP 14.0002 GBP 14.0064 GBP 14.0770 GBP 14.0876 GBP 14.1383 GBP 14.1614 GBP 332.4513 ZAR 333.8266 ZAR 333.8694 ZAR 334.6798 ZAR 335.1865 ZAR 337.4132 ZAR 337.7533 ZAR 338.6228 ZAR 13.9489 GBP 13.9500 GBP 14.0065 GBP 14.0067 GBP 14.0194 GBP 14.0249 GBP 14.0470 GBP 14.0870 GBP 14.0965 GBP 14.1458 GBP 14.1460 GBP 14.1989 GBP 14.2149 GBP 331.9100 ZAR 334.4835 ZAR 334.7861 ZAR 336.7800 ZAR 337.1100 ZAR 14.0060 GBP 14.1110 GBP 14.1481 GBP 14.1508 GBP 336.9897 ZAR 13.9630 GBP 13.9780 GBP 13.9899 GBP 14.0342 GBP 14.0679 GBP 14.1509 GBP 332.1678 ZAR 332.3319 ZAR 333.6392 ZAR 334.2867 ZAR 335.0300 ZAR 335.1651 ZAR 336.9440 ZAR 338.4000 ZAR 339.2782 ZAR 338.1762 ZAR 338.1762 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:	28 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