Form 8.5 (EPT/RI) - Smith (DS) PLC - Amendment

GoldmanSachs International

19 February 2024

 

Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 12th February for dealings on 08th February has been updated. Sections 2(a) and 2(b) have been updated.

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:	(GS) GOLDMAN SACHS INTERNATIONAL
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	SMITH (DS) PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	SMITH (DS) PLC
(d) Date dealing undertaken:	08 February 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 the offer?      If it is a cash offer or possible cash offer, state "N/A"	YES - disclosing today for MONDI 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
10p ordinary	Purchases	18,010,823	6.4770 GBP	2.8042 GBP
10p ordinary	Sales	15,969,944	3.2540 GBP	2.8040 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
10p ordinary	CFD	Reducing a long position	492	2.8042 GBP
10p ordinary	CFD	Increasing a short position	65	2.8110 GBP
10p ordinary	CFD	Reducing a short position	14	2.8110 GBP
10p ordinary	CFD	Reducing a short position	4	2.8110 GBP
10p ordinary	CFD	Reducing a short position	1	2.8110 GBP
10p ordinary	CFD	Reducing a short position	46	2.8110 GBP
10p ordinary	CFD	Increasing a long position	7,615	2.8626 GBP
10p ordinary	CFD	Increasing a long position	1,068	2.8626 GBP
10p ordinary	CFD	Reducing a short position	1,946	2.8925 GBP
10p ordinary	CFD	Reducing a short position	531	2.8925 GBP
10p ordinary	CFD	Reducing a short position	101	2.8925 GBP
10p ordinary	CFD	Reducing a short position	6,522	2.8925 GBP
10p ordinary	CFD	Reducing a long position	13,396	2.9169 GBP
10p ordinary	CFD	Reducing a short position	345	2.9280 GBP
10p ordinary	CFD	Increasing a short position	94	2.9280 GBP
10p ordinary	CFD	Reducing a short position	66	2.9280 GBP
10p ordinary	CFD	Increasing a short position	317	2.9280 GBP
10p ordinary	CFD	Reducing a long position	11,525	2.9406 GBP
10p ordinary	CFD	Reducing a long position	22,000	2.9406 GBP
10p ordinary	CFD	Reducing a long position	16,475	2.9406 GBP
10p ordinary	CFD	Reducing a long position	554	2.9676 GBP
10p ordinary	CFD	Increasing a long position	22,137	2.9750 GBP
10p ordinary	CFD	Reducing a long position	14,500	2.9944 GBP
10p ordinary	CFD	Increasing a long position	12,365	3.0087 GBP
10p ordinary	CFD	Reducing a short position	3,300	3.0167 GBP
10p ordinary	CFD	Reducing a short position	4,537	3.0192 GBP
10p ordinary	CFD	Reducing a short position	7,155	3.0192 GBP
10p ordinary	CFD	Reducing a short position	16,467	3.0331 GBP
10p ordinary	CFD	Increasing a long position	4,084	3.0518 GBP
10p ordinary	CFD	Increasing a short position	793	3.0572 GBP
10p ordinary	CFD	Opening a long position	3,837	3.0674 GBP
10p ordinary	CFD	Increasing a long position	201,400	3.0736 GBP
10p ordinary	CFD	Reducing a long position	3,837	3.0783 GBP
10p ordinary	CFD	Increasing a short position	1,129	3.0796 GBP
10p ordinary	CFD	Increasing a short position	3,820	3.0796 GBP
10p ordinary	CFD	Opening a long position	910	3.0858 GBP
10p ordinary	CFD	Reducing a short position	9,838	3.0858 GBP
10p ordinary	CFD	Increasing a short position	39,959	3.0860 GBP
10p ordinary	CFD	Increasing a short position	4,013	3.0861 GBP
10p ordinary	CFD	Increasing a short position	4,883	3.0861 GBP
10p ordinary	CFD	Increasing a short position	1,542	3.0862 GBP
10p ordinary	CFD	Reducing a short position	722	3.0867 GBP
10p ordinary	CFD	Opening a short position	281,700	3.0876 GBP
10p ordinary	CFD	Reducing a long position	196,859	3.0926 GBP
10p ordinary	CFD	Reducing a long position	149,283	3.0926 GBP
10p ordinary	CFD	Reducing a short position	8,940	3.0957 GBP
10p ordinary	CFD	Reducing a short position	158	3.0959 GBP
10p ordinary	CFD	Increasing a long position	44,325	3.0966 GBP
10p ordinary	CFD	Reducing a long position	23,475	3.1003 GBP
10p ordinary	CFD	Reducing a long position	26,525	3.1003 GBP
10p ordinary	CFD	Increasing a short position	337	3.1023 GBP
10p ordinary	CFD	Increasing a short position	634	3.1023 GBP
10p ordinary	CFD	Increasing a short position	3,803	3.1023 GBP
10p ordinary	CFD	Increasing a short position	592	3.1023 GBP
10p ordinary	CFD	Increasing a short position	12,810	3.1023 GBP
10p ordinary	CFD	Reducing a short position	42,792	3.1042 GBP
10p ordinary	CFD	Opening a short position	34,011	3.1075 GBP
10p ordinary	CFD	Reducing a long position	25,032	3.1094 GBP
10p ordinary	CFD	Reducing a long position	6,682	3.1094 GBP
10p ordinary	CFD	Reducing a long position	74,066	3.1094 GBP
10p ordinary	CFD	Reducing a long position	76	3.1101 GBP
10p ordinary	CFD	Reducing a long position	145	3.1101 GBP
10p ordinary	CFD	Reducing a long position	54	3.1101 GBP
10p ordinary	CFD	Reducing a long position	107	3.1113 GBP
10p ordinary	CFD	Reducing a long position	204	3.1113 GBP
10p ordinary	CFD	Reducing a long position	76	3.1113 GBP
10p ordinary	CFD	Opening a long position	13,396	3.1129 GBP
10p ordinary	CFD	Increasing a short position	341	3.1139 GBP
10p ordinary	CFD	Increasing a short position	725	3.1139 GBP
10p ordinary	CFD	Increasing a short position	2,440	3.1139 GBP
10p ordinary	CFD	Increasing a long position	667	3.1204 GBP
10p ordinary	CFD	Increasing a short position	521	3.1229 GBP
10p ordinary	CFD	Reducing a long position	23,847	3.1238 GBP
10p ordinary	CFD	Increasing a long position	2,967	3.1288 GBP
10p ordinary	CFD	Opening a short position	173,250	3.1305 GBP
10p ordinary	CFD	Opening a short position	1,750	3.1305 GBP
10p ordinary	CFD	Reducing a long position	80,337	3.1312 GBP
10p ordinary	CFD	Reducing a short position	26,414	3.1313 GBP
10p ordinary	CFD	Reducing a long position	109,084	3.1314 GBP
10p ordinary	CFD	Reducing a long position	202,258	3.1314 GBP
10p ordinary	CFD	Reducing a long position	76,825	3.1314 GBP
10p ordinary	CFD	Reducing a short position	33,752	3.1334 GBP
10p ordinary	CFD	Reducing a short position	45,040	3.1360 GBP
10p ordinary	CFD	Increasing a long position	3,026	3.1395 GBP
10p ordinary	CFD	Increasing a short position	9,403	3.1425 GBP
10p ordinary	CFD	Reducing a long position	2,129	3.1441 GBP
10p ordinary	CFD	Reducing a long position	5,421	3.1441 GBP
10p ordinary	CFD	Reducing a long position	17,153	3.1441 GBP
10p ordinary	CFD	Reducing a long position	25,930	3.1441 GBP
10p ordinary	CFD	Reducing a long position	100,000	3.1441 GBP
10p ordinary	CFD	Reducing a long position	12,865	3.1441 GBP
10p ordinary	CFD	Reducing a long position	26,502	3.1441 GBP
10p ordinary	CFD	Reducing a long position	60,849	3.1444 GBP
10p ordinary	CFD	Reducing a short position	12,311	3.1587 GBP
10p ordinary	CFD	Reducing a short position	19,416	3.1587 GBP
10p ordinary	CFD	Reducing a long position	5,339	3.2000 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:	19 February 2024
Contact name:	Papa Lette and Andrzej Szyszka
Telephone number:	[phone] / [phone]

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 disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END