Form 8.5 (EPT/RI) - Mondi plc

JPMorgan Securities Plc

04 April 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:	3 April 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	1,510,690 1,002,192	13.8300 GBP 13.8300 GBP	13.6650 GBP 13.6650 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	1,216 430,000 187 9,380 537 800 508 184 384 94,909 3,100 1,107 11 3 200 1,703 117 48 1,544 867 721 945 93 992 189 1,442 2,600 719 73 40,288 1,459 182 4,580 960 273 3,442 5,810 1,477 984 5,331 27,121 269,458 1,407 58 15 17 8,437 777 19 309 375 1,051 182 99 241 44 241	13.7367 GBP 13.7397 GBP 315.5200 ZAR 315.9317 ZAR 316.3156 ZAR 316.3383 ZAR 316.4938 ZAR 316.9600 ZAR 317.4946 ZAR 13.7250 GBP 13.7343 GBP 13.7789 GBP 13.7897 GBP 13.7933 GBP 13.8150 GBP 315.2100 ZAR 315.6000 ZAR 315.6200 ZAR 315.6363 ZAR 315.6849 ZAR 315.9541 ZAR 316.0346 ZAR 316.1600 ZAR 316.2336 ZAR 316.2449 ZAR 316.2710 ZAR 316.5136 ZAR 316.5398 ZAR 13.7357 GBP 13.7720 GBP 316.1523 ZAR 316.5200 ZAR 13.7279 GBP 13.7360 GBP 13.7366 GBP 13.7506 GBP 13.7512 GBP 13.7513 GBP 13.7540 GBP 13.7568 GBP 13.7583 GBP 13.7594 GBP 13.7632 GBP 13.7642 GBP 13.7652 GBP 13.7654 GBP 13.7688 GBP 13.7700 GBP 13.7954 GBP 315.2326 ZAR 315.9969 ZAR 316.3407 ZAR 316.5263 ZAR 317.8609 ZAR 316.1856 ZAR 13.7360 GBP 316.1856 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:	4 April 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