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

UBS AG (EPT)

20 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:	19 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
10p Ordinary	Buy	394783	3.29399        GBP	3.26000       GBP
10p Ordinary	Sell	509927	3.29399        GBP	3.27000        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	8016	3.274        GBP
10p Ordinary	CFD	Long	41638	3.27550866996494        GBP
10p Ordinary	CFD	Long	306	3.288        GBP
10p Ordinary	CFD	Long	5018	3.278432        GBP
10p Ordinary	CFD	Long	29860	3.2757        GBP
10p Ordinary	CFD	Long	1129	3.286        GBP
10p Ordinary	CFD	Long	1806	3.273837        GBP
10p Ordinary	CFD	Long	86705	3.283857        GBP
10p Ordinary	CFD	Long	20127	3.276543        GBP
10p Ordinary	CFD	Long	12221	3.27701877        GBP
10p Ordinary	CFD	Long	1963	3.272869        GBP
10p Ordinary	CFD	Long	136	3.27786764705882        GBP
10p Ordinary	CFD	Long	1155	3.292        GBP
10p Ordinary	CFD	Long	58453	3.274261        GBP
10p Ordinary	CFD	Long	2006	3.28054        GBP
10p Ordinary	CFD	Long	1990	3.291        GBP
10p Ordinary	CFD	Long	30500	3.2835262295082        GBP
10p Ordinary	CFD	Long	678	3.28890855634218        GBP
10p Ordinary	CFD	Long	1601	3.28436602        GBP
10p Ordinary	CFD	Long	1368	3.28433878        GBP
10p Ordinary	CFD	Long	986	3.28432388        GBP
10p Ordinary	CFD	Long	51	3.28235251        GBP
10p Ordinary	CFD	Long	12	3.28223486        GBP
10p Ordinary	CFD	Long	8	3.28240153        GBP
10p Ordinary	CFD	Long	7	3.28290151        GBP
10p Ordinary	CFD	Long	1826	3.27978513        GBP
10p Ordinary	CFD	Long	1840	3.28249092        GBP
10p Ordinary	CFD	Long	1322	3.28248473        GBP
10p Ordinary	CFD	Long	1109	3.2889526581064        GBP
10p Ordinary	CFD	Long	1075	3.28248585        GBP
10p Ordinary	CFD	Long	940	3.28892074682979        GBP
10p Ordinary	CFD	Long	37933	3.279179        GBP
10p Ordinary	CFD	Long	3508	3.279        GBP
10p Ordinary	CFD	Long	1181	3.271        GBP
10p Ordinary	CFD	Long	1370	3.273        GBP
10p Ordinary	CFD	Long	2321	3.29        GBP
10p Ordinary	CFD	Long	1011	3.275        GBP
10p Ordinary	CFD	Short	16825	3.2822        GBP
10p Ordinary	CFD	Short	3271	3.2825        GBP
10p Ordinary	CFD	Short	7395	3.275921        GBP
10p Ordinary	CFD	Short	9117	3.28005        GBP
10p Ordinary	CFD	Short	3214	3.273731        GBP
10p Ordinary	CFD	Short	42851	3.276061        GBP
10p Ordinary	CFD	Short	6433	3.272659        GBP
10p Ordinary	CFD	Short	814	3.2883        GBP
10p Ordinary	CFD	Short	27018	3.274164        GBP
10p Ordinary	CFD	Short	26668	3.274        GBP
10p Ordinary	CFD	Short	6339	3.268941        GBP
10p Ordinary	CFD	Short	2295	3.27538094        GBP
10p Ordinary	CFD	Short	629	3.26        GBP
10p Ordinary	CFD	Short	23889	3.273922        GBP
10p Ordinary	CFD	Short	3933	3.274379        GBP
10p Ordinary	CFD	Short	11563	3.27525296203407        GBP
10p Ordinary	CFD	Short	7042	3.275586        GBP
10p Ordinary	CFD	Short	6400	3.2684984375        GBP
10p Ordinary	CFD	Short	3500	3.27462857142857        GBP
10p Ordinary	CFD	Short	561	3.273        GBP
10p Ordinary	CFD	Short	39873	3.29182279        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:	20 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