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

UBS AG (EPT)

19 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:	16 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	657693	3.30000        GBP	3.24000        GBP
10p Ordinary	Sell	770087	3.30000        GBP	3.24100        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	21879	3.28750674162439        GBP
10p Ordinary	CFD	Long	8817	3.278745        GBP
10p Ordinary	CFD	Long	595	3.283288        GBP
10p Ordinary	CFD	Long	299	3.273983        GBP
10p Ordinary	CFD	Long	1891	3.279333        GBP
10p Ordinary	CFD	Long	15	3.289267        GBP
10p Ordinary	CFD	Long	2905	3.285155        GBP
10p Ordinary	CFD	Long	75000	3.253721        GBP
10p Ordinary	CFD	Long	3000	3.2730949288        GBP
10p Ordinary	CFD	Long	4000	3.2730969288        GBP
10p Ordinary	CFD	Long	118934	3.288        GBP
10p Ordinary	CFD	Long	2227	3.28640323304894        GBP
10p Ordinary	CFD	Long	6246	3.28632        GBP
10p Ordinary	CFD	Long	64800	3.2771024691358        GBP
10p Ordinary	CFD	Long	22170	3.265983        GBP
10p Ordinary	CFD	Long	2755	3.263        GBP
10p Ordinary	CFD	Long	896	3.275        GBP
10p Ordinary	CFD	Long	624	3.259        GBP
10p Ordinary	CFD	Long	2900	3.252        GBP
10p Ordinary	CFD	Long	1000	3.25        GBP
10p Ordinary	CFD	Long	1656	3.287838        GBP
10p Ordinary	CFD	Long	4	3.2725        GBP
10p Ordinary	CFD	Long	14628	3.289305        GBP
10p Ordinary	CFD	Long	30933	3.2810173051        GBP
10p Ordinary	CFD	Long	5330	3.275865        GBP
10p Ordinary	CFD	Long	6819	3.273077        GBP
10p Ordinary	CFD	Long	6446	3.261175        GBP
10p Ordinary	CFD	Long	37291	3.25416371        GBP
10p Ordinary	CFD	Long	1805	3.26267036        GBP
10p Ordinary	CFD	Long	2641	3.283713        GBP
10p Ordinary	CFD	Long	2705	3.283839        GBP
10p Ordinary	CFD	Long	9640	3.286956        GBP
10p Ordinary	CFD	Short	84571	3.282804        GBP
10p Ordinary	CFD	Short	53525	3.269924        GBP
10p Ordinary	CFD	Short	3750	3.283114        GBP
10p Ordinary	CFD	Short	76561	3.288        GBP
10p Ordinary	CFD	Short	6315	3.26481393507522        GBP
10p Ordinary	CFD	Short	5100	3.25761764705882        GBP
10p Ordinary	CFD	Short	7600	3.294495        GBP
10p Ordinary	CFD	Short	29122	3.288164        GBP
10p Ordinary	CFD	Short	57753	3.287662        GBP
10p Ordinary	CFD	Short	10836	3.2880411        GBP
10p Ordinary	CFD	Short	558	3.251057        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:	19 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