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

UBS AG (EPT)

15 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:	14 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	1035920	3.21500        GBP	3.16800        GBP
10p Ordinary	Sell	1258006	3.21500        GBP	3.17000        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	582	3.190259        GBP
10p Ordinary	CFD	Long	4251	3.190048        GBP
10p Ordinary	CFD	Long	35690	3.190967        GBP
10p Ordinary	CFD	Long	2755	3.193896        GBP
10p Ordinary	CFD	Long	14074	3.20242        GBP
10p Ordinary	CFD	Long	45773	3.19022943        GBP
10p Ordinary	CFD	Long	196928	3.191        GBP
10p Ordinary	CFD	Long	393	3.17816        GBP
10p Ordinary	CFD	Long	6710	3.190841        GBP
10p Ordinary	CFD	Long	82683	3.18751423        GBP
10p Ordinary	CFD	Long	1	3.2        GBP
10p Ordinary	CFD	Long	3	3.197        GBP
10p Ordinary	CFD	Long	22699	3.187048        GBP
10p Ordinary	CFD	Long	767	3.20588        GBP
10p Ordinary	CFD	Long	23372	3.19554        GBP
10p Ordinary	CFD	Long	53954	3.195497        GBP
10p Ordinary	CFD	Long	144641	3.206315        GBP
10p Ordinary	CFD	Long	1458	3.18088458        GBP
10p Ordinary	CFD	Long	17328	3.18284862        GBP
10p Ordinary	CFD	Long	14438	3.19210164        GBP
10p Ordinary	CFD	Long	915	3.1829668        GBP
10p Ordinary	CFD	Long	3450	3.20127642        GBP
10p Ordinary	CFD	Long	835	3.2048        GBP
10p Ordinary	CFD	Long	19286	3.18705        GBP
10p Ordinary	CFD	Long	271	3.189782        GBP
10p Ordinary	CFD	Long	4529	3.190576        GBP
10p Ordinary	CFD	Long	2016	3.173452        GBP
10p Ordinary	CFD	Long	11681	3.18865979        GBP
10p Ordinary	CFD	Long	1501	3.18499000666223        GBP
10p Ordinary	CFD	Short	6375	3.199696        GBP
10p Ordinary	CFD	Short	104683	3.191        GBP
10p Ordinary	CFD	Short	783	3.18209546        GBP
10p Ordinary	CFD	Short	3	3.183333        GBP
10p Ordinary	CFD	Short	28	3.204        GBP
10p Ordinary	CFD	Short	11430	3.187943        GBP
10p Ordinary	CFD	Short	14896	3.189268        GBP
10p Ordinary	CFD	Short	58040	3.190946        GBP
10p Ordinary	CFD	Short	926	3.177        GBP
10p Ordinary	CFD	Short	26507	3.18538725619648        GBP
10p Ordinary	CFD	Short	14295	3.186056        GBP
10p Ordinary	CFD	Short	3000	3.1765870242        GBP
10p Ordinary	CFD	Short	8000	3.1765850242        GBP
10p Ordinary	CFD	Short	1650	3.191158        GBP
10p Ordinary	CFD	Short	793	3.17595208070618        GBP
10p Ordinary	CFD	Short	182003	3.190521        GBP
10p Ordinary	CFD	Short	192	3.18        GBP
10p Ordinary	CFD	Short	14606	3.194068        GBP
10p Ordinary	CFD	Short	1249	3.18078331        GBP
10p Ordinary	CFD	Short	18299	3.18398806        GBP
10p Ordinary	CFD	Short	17258	3.19054985        GBP
10p Ordinary	CFD	Short	935	3.20381818        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:	15 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