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

UBS AG (EPT)

12 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:	Mondi plc                    connected to UBS
(d) Date dealing undertaken:	09 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"	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	1622465	3.18349        GBP	3.05700        GBP
10p Ordinary	Sell	3911502	3.18349        GBP	3.05700        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	2457	3.082        GBP
10p Ordinary	CFD	Long	3648	3.085        GBP
10p Ordinary	CFD	Long	6011	3.088426        GBP
10p Ordinary	CFD	Long	29784	3.14584897        GBP
10p Ordinary	CFD	Long	2500	3.1404281284        GBP
10p Ordinary	CFD	Long	3371	3.14934233        GBP
10p Ordinary	CFD	Long	15985	3.14243353143572        GBP
10p Ordinary	CFD	Long	1295	3.17749806949807        GBP
10p Ordinary	CFD	Long	3808	3.1426        GBP
10p Ordinary	CFD	Long	12242	3.156366        GBP
10p Ordinary	CFD	Long	69983	3.0864880042296        GBP
10p Ordinary	CFD	Long	26786	3.15644515791832        GBP
10p Ordinary	CFD	Long	4991	3.0919995992787        GBP
10p Ordinary	CFD	Long	2926	3.08491455912509        GBP
10p Ordinary	CFD	Long	5975	3.110058        GBP
10p Ordinary	CFD	Long	99937	3.146843        GBP
10p Ordinary	CFD	Long	39460	3.162        GBP
10p Ordinary	CFD	Long	2318348	3.074        GBP
10p Ordinary	CFD	Long	24811	3.14640141        GBP
10p Ordinary	CFD	Long	6293	3.149554        GBP
10p Ordinary	CFD	Long	12503	3.160475        GBP
10p Ordinary	CFD	Long	28358	3.150044        GBP
10p Ordinary	CFD	Long	33568	3.142519        GBP
10p Ordinary	CFD	Long	250	3.129        GBP
10p Ordinary	CFD	Long	43275	3.152475        GBP
10p Ordinary	CFD	Long	68263	3.139967        GBP
10p Ordinary	CFD	Long	1	3.1        GBP
10p Ordinary	CFD	Long	13891	3.161842        GBP
10p Ordinary	CFD	Long	3185	3.161843        GBP
10p Ordinary	CFD	Long	991	3.08605449        GBP
10p Ordinary	CFD	Long	45248	3.084168        GBP
10p Ordinary	CFD	Long	78417	3.13808403        GBP
10p Ordinary	CFD	Short	275206	3.074        GBP
10p Ordinary	CFD	Short	574	3.143        GBP
10p Ordinary	CFD	Short	48400	3.145532        GBP
10p Ordinary	CFD	Short	72484	3.158784        GBP
10p Ordinary	CFD	Short	503	3.14900596421471        GBP
10p Ordinary	CFD	Short	1305	3.152079        GBP
10p Ordinary	CFD	Short	11298	3.162        GBP
10p Ordinary	CFD	Short	9715	3.13776942871848        GBP
10p Ordinary	CFD	Short	4085	3.13230844553244        GBP
10p Ordinary	CFD	Short	1300	3.091        GBP
10p Ordinary	CFD	Short	19175	3.130289        GBP
10p Ordinary	CFD	Short	5973	3.15583704        GBP
10p Ordinary	CFD	Short	63800	3.16247429467085        GBP
10p Ordinary	CFD	Short	16950	3.130864        GBP
10p Ordinary	CFD	Short	24841	3.159076        GBP
10p Ordinary	CFD	Short	569	3.150286        GBP
10p Ordinary	CFD	Short	30188	3.158736        GBP
10p Ordinary	CFD	Short	1663	3.150406        GBP
10p Ordinary	CFD	Short	78257	3.162158        GBP
10p Ordinary	CFD	Short	8060	3.15361299869975        GBP
10p Ordinary	CFD	Short	770	3.14436364        GBP
10p Ordinary	CFD	Short	4700	3.1252484256        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 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