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

UBS AG (EPT)

25 March 2024

 

This announcement replaces the previous RNS announcement 4407H released at 11:48 on the 19^th March 2024. Amendments to sections 2a and 2b. All other information remains unchanged

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:	UBS Investment Bank, London
(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:	Mondi Plc connected to UBS
(d) Date dealing undertaken:	18 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

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	Buy	5052203	3.43599        GBP	3.38297        GBP
10p Ordinary	Sell	1236935	3.43500        GBP	3.38723        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	Long	2782	3.3915        GBP
10p Ordinary	CFD	Long	6123	3.40653927        GBP
10p Ordinary	CFD	Long	23592	3.408872        GBP
10p Ordinary	CFD	Long	5693	3.42251151        GBP
10p Ordinary	CFD	Long	66759	3.387831        GBP
10p Ordinary	CFD	Long	19252	3.414272        GBP
10p Ordinary	CFD	Long	14357	3.393542        GBP
10p Ordinary	CFD	Long	2610	3.401195        GBP
10p Ordinary	CFD	Long	70	3.397        GBP
10p Ordinary	CFD	Long	18612	3.38850396        GBP
10p Ordinary	CFD	Long	8200	3.389316        GBP
10p Ordinary	CFD	Long	28868	3.388        GBP
10p Ordinary	CFD	Long	784	3.392209        GBP
10p Ordinary	CFD	Long	50913	3.41874198        GBP
10p Ordinary	CFD	Long	6642	3.4105209274315        GBP
10p Ordinary	CFD	Long	582	3.41599656357388        GBP
10p Ordinary	CFD	Long	62	3.3981        GBP
10p Ordinary	CFD	Long	77012	3.40954331792448        GBP
10p Ordinary	CFD	Long	3788	3.38776135163675        GBP
10p Ordinary	CFD	Long	96363	3.397897        GBP
10p Ordinary	CFD	Long	1011	3.394        GBP
10p Ordinary	CFD	Long	2944	3.3875        GBP
10p Ordinary	CFD	Long	2579	3.3885        GBP
10p Ordinary	CFD	Long	3082	3.393        GBP
10p Ordinary	CFD	Long	1623	3.389        GBP
10p Ordinary	CFD	Long	1080	3.404        GBP
10p Ordinary	CFD	Long	1576	3.405        GBP
10p Ordinary	CFD	Long	1984	3.421        GBP
10p Ordinary	CFD	Long	1777	3.432        GBP
10p Ordinary	CFD	Long	75000	3.40688   GBP
10p Ordinary	CFD	Short	75000	3.40688   GBP
10p Ordinary	CFD	Short	9376	3.400489        GBP
10p Ordinary	CFD	Short	250000	3.394413        GBP
10p Ordinary	CFD	Short	652	3.39271472        GBP
10p Ordinary	CFD	Short	500000	3.406        GBP
10p Ordinary	CFD	Short	1000000	3.3972156        GBP
10p Ordinary	CFD	Short	500000	3.3907104        GBP
10p Ordinary	CFD	Short	145060	3.4046        GBP
10p Ordinary	CFD	Short	167842	3.42056338699491        GBP
10p Ordinary	CFD	Short	39645	3.3887431        GBP
10p Ordinary	CFD	Short	360516	3.421521        GBP
10p Ordinary	CFD	Short	85795	3.38874305        GBP
10p Ordinary	CFD	Short	23580	3.42056361323155        GBP
10p Ordinary	CFD	Short	58	3.389        GBP
10p Ordinary	CFD	Short	1532	3.418713        GBP
10p Ordinary	CFD	Short	829	3.411        GBP
10p Ordinary	CFD	Short	258	3.388178        GBP
10p Ordinary	CFD	Short	26975	3.42995971        GBP
10p Ordinary	CFD	Short	4811	3.40480358        GBP
10p Ordinary	CFD	Short	1369	3.431        GBP
10p Ordinary	CFD	Short	33453	3.40619024        GBP
10p Ordinary	CFD	Short	500000	3.412545        GBP
10p Ordinary	CFD	Short	952	3.392746        GBP
10p Ordinary	CFD	Short	421	3.392026        GBP
10p Ordinary	CFD	Short	1390	3.39073381294964        GBP
10p Ordinary	CFD	Short	20903	3.387978        GBP
10p Ordinary	CFD	Short	22246	4.31024748        USD
10p Ordinary	CFD	Short	4000	3.3967909627        GBP
10p Ordinary	CFD	Short	3651	3.39127088468913        GBP
10p Ordinary	CFD	Short	17050	3.391467        GBP
10p Ordinary	CFD	Short	40208	3.38874304        GBP
10p Ordinary	CFD	Short	2339	3.388        GBP
10p Ordinary	CFD	Short	580000	3.39        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:	25 March 2024
Contact name:	Richard Howard
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]

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