Form 8.5 (EPT/RI) - Smith (DS) plc

UBS AG (EPT)

09 February 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:	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:	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 this offer?      If it is a cash offer or possible cash offer, state "N/A"	NO

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
20p Ordinary	Buy	15989408	3.24900        GBP	2.84400        GBP
20p Ordinary	Sell	16194243	3.24900        GBP	2.82000        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	600	3.071        GBP
10p Ordinary	CFD	Long	3508	3.134        GBP
10p Ordinary	CFD	Long	1800	3.073        GBP
10p Ordinary	CFD	Long	2274	3.127        GBP
10p Ordinary	CFD	Long	3672	3.122032        GBP
10p Ordinary	CFD	Long	4384	3.078        GBP
10p Ordinary	CFD	Long	1286	3.091        GBP
10p Ordinary	CFD	Long	2016	3.173        GBP
10p Ordinary	CFD	Long	100	3.082        GBP
10p Ordinary	CFD	Long	135327	3.131519        GBP
10p Ordinary	CFD	Long	2675	3.151        GBP
10p Ordinary	CFD	Long	976	3.1495        GBP
10p Ordinary	CFD	Long	4538	3.088        GBP
10p Ordinary	CFD	Long	1538	3.146        GBP
10p Ordinary	CFD	Long	1549	3.098        GBP
10p Ordinary	CFD	Long	1063	3.114        GBP
10p Ordinary	CFD	Long	4501	3.099        GBP
10p Ordinary	CFD	Long	1218	3.098409        GBP
10p Ordinary	CFD	Long	5507	3.244        GBP
10p Ordinary	CFD	Long	1334	3.158        GBP
10p Ordinary	CFD	Long	2529	3.153        GBP
10p Ordinary	CFD	Long	1441	3.2325        GBP
10p Ordinary	CFD	Long	6616	3.16        GBP
10p Ordinary	CFD	Long	971	3.221        GBP
10p Ordinary	CFD	Long	1216	3.195        GBP
10p Ordinary	CFD	Long	524	3.193        GBP
10p Ordinary	CFD	Long	5230	3.128        GBP
10p Ordinary	CFD	Long	1390	3.188        GBP
10p Ordinary	CFD	Long	2132	3.1975        GBP
10p Ordinary	CFD	Long	3886	3.167        GBP
10p Ordinary	CFD	Long	3206	3.164        GBP
10p Ordinary	CFD	Long	13840	2.84213583815029        GBP
10p Ordinary	CFD	Long	34	3.11794117647059        GBP
10p Ordinary	CFD	Long	7557	2.934751        GBP
10p Ordinary	CFD	Long	40240	3.104082        GBP
10p Ordinary	CFD	Long	145662	3.08656        GBP
10p Ordinary	CFD	Long	45000	3.1451        GBP
10p Ordinary	CFD	Long	45000	3.136697        GBP
10p Ordinary	CFD	Long	170000	3.111412        GBP
10p Ordinary	CFD	Long	2000	3.135129539        GBP
10p Ordinary	CFD	Long	3192301	3.03353208        GBP
10p Ordinary	CFD	Long	31389	2.84213606677498        GBP
10p Ordinary	CFD	Long	62483	3.086        GBP
10p Ordinary	CFD	Long	39051	3.089432        GBP
10p Ordinary	CFD	Long	116	3.11810344827586        GBP
10p Ordinary	CFD	Long	52006	3.12225973926085        GBP
10p Ordinary	CFD	Long	13731	3.08714878741534        GBP
10p Ordinary	CFD	Long	2553	2.977        GBP
10p Ordinary	CFD	Long	1434	2.976089        GBP
10p Ordinary	CFD	Long	317	2.976        GBP
10p Ordinary	CFD	Long	1039	3.196        GBP
10p Ordinary	CFD	Long	980	3.152886        GBP
10p Ordinary	CFD	Long	1014	3.17        GBP
10p Ordinary	CFD	Long	1063	3.125        GBP
10p Ordinary	CFD	Long	1040	3.197        GBP
10p Ordinary	CFD	Long	1583	3.168        GBP
10p Ordinary	CFD	Long	989	3.103        GBP
10p Ordinary	CFD	Long	1302	3.119        GBP
10p Ordinary	CFD	Long	1530	2.971        GBP
10p Ordinary	CFD	Long	1056	3.113        GBP
10p Ordinary	CFD	Long	1275	3.12        GBP
10p Ordinary	CFD	Long	2341	3.117        GBP
10p Ordinary	CFD	Long	450	3.119111        GBP
10p Ordinary	CFD	Long	14438	3.109916        GBP
10p Ordinary	CFD	Long	1	2.98        GBP
10p Ordinary	CFD	Long	54967	3.119057        GBP
10p Ordinary	CFD	Long	55249	3.08975        GBP
10p Ordinary	CFD	Long	82310	3.075929        GBP
10p Ordinary	CFD	Long	4058	3.129032        GBP
10p Ordinary	CFD	Long	36847	3.086551        GBP
10p Ordinary	CFD	Long	83400	3.085846        GBP
10p Ordinary	CFD	Long	12203	3.10424        GBP
10p Ordinary	CFD	Long	10920	3.08596142        GBP
10p Ordinary	CFD	Long	8886	3.114994        GBP
10p Ordinary	CFD	Long	41464	3.05496192        GBP
10p Ordinary	CFD	Long	44406	3.08219288        GBP
10p Ordinary	CFD	Long	63191	3.05142002        GBP
10p Ordinary	CFD	Long	8967	3.09898423        GBP
10p Ordinary	CFD	Long	50902	3.05438133        GBP
10p Ordinary	CFD	Long	96298	2.92816205944049        GBP
10p Ordinary	CFD	Long	11074	3.08578381795196        GBP
10p Ordinary	CFD	Long	99461	3.09621387        GBP
10p Ordinary	CFD	Long	1008	3.161        GBP
10p Ordinary	CFD	Long	2652	3.074        GBP
10p Ordinary	CFD	Short	34	2.93764705882353        GBP
10p Ordinary	CFD	Short	553321	3.128434        GBP
10p Ordinary	CFD	Short	67680	3.13559604        GBP
10p Ordinary	CFD	Short	485641	3.13559603        GBP
10p Ordinary	CFD	Short	8286	3.08646391503741        GBP
10p Ordinary	CFD	Short	460	3.1485        GBP
10p Ordinary	CFD	Short	72431	3.086        GBP
10p Ordinary	CFD	Short	609	3.079785        GBP
10p Ordinary	CFD	Short	439	3.07937        GBP
10p Ordinary	CFD	Short	10746	3.112392        GBP
10p Ordinary	CFD	Short	1608	3.12547885572139        GBP
10p Ordinary	CFD	Short	1239	3.131938        GBP
10p Ordinary	CFD	Short	45000	3.1654        GBP
10p Ordinary	CFD	Short	2500	3.1512186343        GBP
10p Ordinary	CFD	Short	13500	3.1512206343        GBP
10p Ordinary	CFD	Short	3000	3.1512216343        GBP
10p Ordinary	CFD	Short	4000	3.1512196343        GBP
10p Ordinary	CFD	Short	398468	2.93235899        GBP
10p Ordinary	CFD	Short	116	2.93758620689655        GBP
10p Ordinary	CFD	Short	3733	3.09798285561211        GBP
10p Ordinary	CFD	Short	6723	2.975        GBP
10p Ordinary	CFD	Short	1023	3.1115        GBP
10p Ordinary	CFD	Short	1094	3.1145        GBP
10p Ordinary	CFD	Short	2772	2.974        GBP
10p Ordinary	CFD	Short	914	2.981        GBP
10p Ordinary	CFD	Short	2859	2.970998        GBP
10p Ordinary	CFD	Short	2555	3.1175        GBP
10p Ordinary	CFD	Short	966	3.123        GBP
10p Ordinary	CFD	Short	2786	2.964        GBP
10p Ordinary	CFD	Short	1119	2.965        GBP
10p Ordinary	CFD	Short	1	3.1405        GBP
10p Ordinary	CFD	Short	322349	3.086094        GBP
10p Ordinary	CFD	Short	7273	3.092147        GBP
10p Ordinary	CFD	Short	945	3.082903        GBP
10p Ordinary	CFD	Short	3391	3.102801        GBP
10p Ordinary	CFD	Short	5127	3.09764785        GBP
10p Ordinary	CFD	Short	2611	3.112        GBP
10p Ordinary	CFD	Short	1139	3.151        GBP
10p Ordinary	CFD	Short	1210	3.155        GBP
10p Ordinary	CFD	Short	870	3.1575        GBP
10p Ordinary	CFD	Short	287	3.1565        GBP
10p Ordinary	CFD	Short	1500	2.97980666666667        GBP
10p Ordinary	CFD	Short	311972	3.13318531791315        GBP
10p Ordinary	CFD	Short	840000	3.13259299999048        GBP
10p Ordinary	CFD	Short	400000	2.940404        GBP
10p Ordinary	CFD	Short	264000	2.99693199996061        GBP
10p Ordinary	CFD	Short	200000	2.947818        GBP
10p Ordinary	CFD	Short	200000	2.96981985        GBP
10p Ordinary	CFD	Short	4000	3.1        GBP
10p Ordinary	CFD	Short	5048	3.12        GBP
10p Ordinary	CFD	Short	1637	3.147        GBP
10p Ordinary	CFD	Short	47	3.144        GBP
10p Ordinary	CFD	Short	3000	3.099        GBP
10p Ordinary	CFD	Short	770	3.137        GBP
10p Ordinary	CFD	Short	3022	3.15        GBP
10p Ordinary	CFD	Short	1894	3.135        GBP
10p Ordinary	CFD	Short	354030	3.111528        GBP
10p Ordinary	CFD	Short	1117	3.134        GBP
10p Ordinary	CFD	Short	1701	2.935        GBP
10p Ordinary	CFD	Short	1233	3.173        GBP
10p Ordinary	CFD	Short	2290	3.122        GBP
10p Ordinary	CFD	Short	1204	2.936        GBP
10p Ordinary	CFD	Short	1000	3.183        GBP
10p Ordinary	CFD	Short	2287	3.1025        GBP
10p Ordinary	CFD	Short	12434	2.939        GBP
10p Ordinary	CFD	Short	2302	2.9365        GBP
10p Ordinary	CFD	Short	10000	3.216        GBP
10p Ordinary	CFD	Short	550	2.937        GBP
10p Ordinary	CFD	Short	1053	3.234        GBP
10p Ordinary	CFD	Short	1000	3.1015        GBP
10p Ordinary	CFD	Short	891	2.944966        GBP
10p Ordinary	CFD	Short	884	3.193        GBP
10p Ordinary	CFD	Short	1000	3.104        GBP
10p Ordinary	CFD	Short	4449	2.944        GBP
10p Ordinary	CFD	Short	1000	3.17        GBP
10p Ordinary	CFD	Short	1797	3.104256        GBP
10p Ordinary	CFD	Short	2157	3.111        GBP
10p Ordinary	CFD	Short	676	2.972        GBP
10p Ordinary	CFD	Short	611	2.989        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:	09 February 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