This announcement replaces the previous RNS announcement 3660G released at 11:56 on the 11th 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: |
08 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
|
29629577 |
3.50099 GBP |
3.41200 GBP |
10p Ordinary |
Sell
|
21078408 |
3.50099 GBP |
3.41350 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 |
10308 |
3.5 GBP |
10p Ordinary |
CFD
|
Long |
173700 |
3.44563275762809 GBP |
10p Ordinary |
CFD
|
Long |
1000 |
3.427 GBP |
10p Ordinary |
CFD
|
Long |
205043 |
3.465687 GBP |
10p Ordinary |
CFD
|
Long |
372 |
3.419 GBP |
10p Ordinary |
CFD
|
Long |
3509 |
3.458 GBP |
10p Ordinary |
CFD
|
Long |
2000 |
3.435 GBP |
10p Ordinary |
CFD
|
Long |
1000 |
3.434 GBP |
10p Ordinary |
CFD
|
Long |
3138 |
3.4295 GBP |
10p Ordinary |
CFD
|
Long |
4522 |
3.449093 GBP |
10p Ordinary |
CFD
|
Long |
20000 |
3.45 GBP |
10p Ordinary |
CFD
|
Long |
9000 |
3.4890747222 GBP |
10p Ordinary |
CFD
|
Long |
4500 |
3.4890737222 GBP |
10p Ordinary |
CFD
|
Long |
854140 |
3.45584889 GBP |
10p Ordinary |
CFD
|
Long |
19317 |
3.445164 GBP |
10p Ordinary |
CFD
|
Long |
39332 |
3.45734414725923 GBP |
10p Ordinary |
CFD
|
Long |
18788 |
3.45862252501597 GBP |
10p Ordinary |
CFD
|
Long |
339446 |
3.42 GBP |
10p Ordinary |
CFD
|
Long |
605 |
3.45314215 GBP |
10p Ordinary |
CFD
|
Long |
21906 |
3.435648 GBP |
10p Ordinary |
CFD
|
Long |
220751 |
3.427641 GBP |
10p Ordinary |
CFD
|
Long |
10019 |
3.452266 GBP |
10p Ordinary |
CFD
|
Long |
6419 |
3.45216 GBP |
10p Ordinary |
CFD
|
Long |
5657 |
3.44983913735195 GBP |
10p Ordinary |
CFD
|
Long |
50000 |
3.4855 GBP |
10p Ordinary |
CFD
|
Long |
7600 |
3.467 GBP |
10p Ordinary |
CFD
|
Long |
50177 |
3.4620565 GBP |
10p Ordinary |
CFD
|
Long |
41797 |
3.454559 GBP |
10p Ordinary |
CFD
|
Long |
21839 |
3.45701951 GBP |
10p Ordinary |
CFD
|
Long |
3050 |
3.44370738 GBP |
10p Ordinary |
CFD
|
Long |
120009 |
3.429932 GBP |
10p Ordinary |
CFD
|
Long |
15165 |
3.466266 GBP |
10p Ordinary |
CFD
|
Long |
5267 |
3.4396403 GBP |
10p Ordinary |
CFD
|
Long |
113430 |
3.47454611 GBP |
10p Ordinary |
CFD
|
Long |
38590 |
3.450206 GBP |
10p Ordinary |
CFD
|
Long |
19028 |
3.4612353 GBP |
10p Ordinary |
CFD
|
Long |
11566 |
3.469561 GBP |
10p Ordinary |
CFD
|
Long |
8851 |
3.44195345 GBP |
10p Ordinary |
CFD
|
Long |
1239759 |
3.43300 GBP |
10p Ordinary |
CFD
|
Long |
2000000 |
3.45823 GBP |
10p Ordinary |
CFD
|
Short |
2000000 |
3.45823 GBP |
10p Ordinary |
CFD
|
Short |
1239759 |
3.43300 GBP |
10p Ordinary |
CFD
|
Long |
24508 |
3.460641 GBP |
10p Ordinary |
CFD
|
Short |
1000000 |
3.4807 GBP |
10p Ordinary |
CFD
|
Short |
3819 |
3.42531331 GBP |
10p Ordinary |
CFD
|
Short |
4800 |
3.49512916666667 GBP |
10p Ordinary |
CFD
|
Short |
573556 |
3.435146 GBP |
10p Ordinary |
CFD
|
Short |
5002 |
3.498 GBP |
10p Ordinary |
CFD
|
Short |
2190 |
3.4965 GBP |
10p Ordinary |
CFD
|
Short |
2733 |
3.5 GBP |
10p Ordinary |
CFD
|
Short |
207357 |
3.439475 GBP |
10p Ordinary |
CFD
|
Short |
8318 |
3.473 GBP |
10p Ordinary |
CFD
|
Short |
4352 |
3.45 GBP |
10p Ordinary |
CFD
|
Short |
350000 |
3.4387 GBP |
10p Ordinary |
CFD
|
Short |
28700 |
3.4399529999899 GBP |
10p Ordinary |
CFD
|
Short |
190804 |
3.4441797172 GBP |
10p Ordinary |
CFD
|
Short |
71300 |
3.4416882188 GBP |
10p Ordinary |
CFD
|
Short |
39265 |
3.4425543993 GBP |
10p Ordinary |
CFD
|
Short |
175756 |
3.4806509649 GBP |
10p Ordinary |
CFD
|
Short |
192544 |
3.4497558164 GBP |
10p Ordinary |
CFD
|
Short |
1140000 |
3.444442 GBP |
10p Ordinary |
CFD
|
Short |
300000 |
3.4787808 GBP |
10p Ordinary |
CFD
|
Short |
500000 |
3.427621 GBP |
10p Ordinary |
CFD
|
Short |
1750000 |
3.466571 GBP |
10p Ordinary |
CFD
|
Short |
2000000 |
3.4472556 GBP |
10p Ordinary |
CFD
|
Short |
500000 |
3.4317432 GBP |
10p Ordinary |
CFD
|
Short |
2000 |
3.4443217046 GBP |
10p Ordinary |
CFD
|
Short |
3000 |
3.4443167046 GBP |
10p Ordinary |
CFD
|
Short |
4000 |
3.48 GBP |
10p Ordinary |
CFD
|
Short |
55005 |
3.42 GBP |
10p Ordinary |
CFD
|
Short |
204 |
3.42294118 GBP |
10p Ordinary |
CFD
|
Short |
51580 |
3.4537 GBP |
10p Ordinary |
CFD
|
Short |
179102 |
3.4547 GBP |
10p Ordinary |
CFD
|
Short |
57776 |
3.4251 GBP |
10p Ordinary |
CFD
|
Short |
57774 |
3.4857 GBP |
10p Ordinary |
CFD
|
Short |
57774 |
3.433 GBP |
10p Ordinary |
CFD
|
Short |
134707 |
3.48379661042114 GBP |
10p Ordinary |
CFD
|
Short |
72535 |
3.45639112152754 GBP |
10p Ordinary |
CFD
|
Short |
807 |
3.44809355 GBP |
10p Ordinary |
CFD
|
Short |
192784 |
3.4203982 GBP |
10p Ordinary |
CFD
|
Short |
2545 |
3.442132 GBP |
10p Ordinary |
CFD
|
Short |
663 |
3.420166 GBP |
10p Ordinary |
CFD
|
Short |
49386 |
3.420171 GBP |
10p Ordinary |
CFD
|
Short |
3448 |
3.4714089 GBP |
10p Ordinary |
CFD
|
Short |
113430 |
3.471735 GBP |
10p Ordinary |
CFD
|
Short |
22709 |
3.446582 GBP |
10p Ordinary |
CFD
|
Short |
5815 |
3.457763 GBP |
10p Ordinary |
CFD
|
Short |
675000 |
3.482668 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: |
12 March 2024 |
Contact name: |
Richard Howard |
Telephone number: |
+44 (0)207 568 9128 |
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 monitoring@disclosure.org.uk
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.