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

UBS AG (EPT)

16 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:	15 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	2563677	3.22916        GBP	3.14900        GBP
10p Ordinary	Sell	5431329	3.22904        GBP	3.14649        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	4797	3.16854        GBP
10p Ordinary	CFD	Long	6518	3.204788        GBP
10p Ordinary	CFD	Long	84499	3.188234        GBP
10p Ordinary	CFD	Long	18895	3.173182        GBP
10p Ordinary	CFD	Long	20922	3.228839        GBP
10p Ordinary	CFD	Long	2	3.177        GBP
10p Ordinary	CFD	Long	26587	3.2074822446        GBP
10p Ordinary	CFD	Long	36349	3.229        GBP
10p Ordinary	CFD	Long	9083	3.226761        GBP
10p Ordinary	CFD	Long	15539	3.189613        GBP
10p Ordinary	CFD	Long	3992	3.17293838        GBP
10p Ordinary	CFD	Long	2000	3.20667566        GBP
10p Ordinary	CFD	Long	5815	3.201061        GBP
10p Ordinary	CFD	Long	5712	3.200047        GBP
10p Ordinary	CFD	Long	2903	3.170468        GBP
10p Ordinary	CFD	Long	18346	3.20838038        GBP
10p Ordinary	CFD	Long	2500	3.2114064218        GBP
10p Ordinary	CFD	Long	4036	3.21281219028741        GBP
10p Ordinary	CFD	Long	41	3.190212        GBP
10p Ordinary	CFD	Long	9054	3.225882        GBP
10p Ordinary	CFD	Long	2598	3.182487        GBP
10p Ordinary	CFD	Long	88400	3.19431730769231        GBP
10p Ordinary	CFD	Long	4659	3.162        GBP
10p Ordinary	CFD	Long	1255	3.166        GBP
10p Ordinary	CFD	Long	67427	3.194245        GBP
10p Ordinary	CFD	Long	458	3.153        GBP
10p Ordinary	CFD	Long	1000	3.171        GBP
10p Ordinary	CFD	Long	2790895	3.202        GBP
10p Ordinary	CFD	Short	1952	3.149523        GBP
10p Ordinary	CFD	Short	7311	3.2290003        GBP
10p Ordinary	CFD	Short	63940	3.218527        GBP
10p Ordinary	CFD	Short	1540	3.229162        GBP
10p Ordinary	CFD	Short	2	3.1705        GBP
10p Ordinary	CFD	Short	78995	3.21328591        GBP
10p Ordinary	CFD	Short	2	3.175        GBP
10p Ordinary	CFD	Short	9523	3.160384        GBP
10p Ordinary	CFD	Short	1739	3.18015        GBP
10p Ordinary	CFD	Short	7473	3.22904036        GBP
10p Ordinary	CFD	Short	8990	3.166643        GBP
10p Ordinary	CFD	Short	19572	3.229        GBP
10p Ordinary	CFD	Short	8001	3.18418947631546        GBP
10p Ordinary	CFD	Short	5857	3.172864        GBP
10p Ordinary	CFD	Short	101013	3.205875        GBP
10p Ordinary	CFD	Short	2038	3.203198        GBP
10p Ordinary	CFD	Short	32322	3.17160509869439        GBP
10p Ordinary	CFD	Short	13609	3.183346        GBP
10p Ordinary	CFD	Short	2234	3.208521        GBP
10p Ordinary	CFD	Short	3479	3.18996        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:	16 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