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

UBS AG (EPT)

21 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:	20 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	646205	3.27000        GBP	3.23900        GBP
10p Ordinary	Sell	638290	3.27599        GBP	3.23900        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	1197	3.259        GBP
10p Ordinary	CFD	Long	96	3.254379        GBP
10p Ordinary	CFD	Long	8763	3.24433454        GBP
10p Ordinary	CFD	Long	9333	3.24493175        GBP
10p Ordinary	CFD	Long	85007	3.242        GBP
10p Ordinary	CFD	Long	1175	3.253072        GBP
10p Ordinary	CFD	Long	100000	3.2410297        GBP
10p Ordinary	CFD	Long	100000	3.2557        GBP
10p Ordinary	CFD	Long	1641	3.249434        GBP
10p Ordinary	CFD	Long	1701	3.248205        GBP
10p Ordinary	CFD	Long	1462	3.263        GBP
10p Ordinary	CFD	Long	1767	3.262445        GBP
10p Ordinary	CFD	Long	6858	3.24707353        GBP
10p Ordinary	CFD	Long	6673	3.241837        GBP
10p Ordinary	CFD	Long	16403	3.241838        GBP
10p Ordinary	CFD	Long	6100	3.258493        GBP
10p Ordinary	CFD	Long	7230	3.254148        GBP
10p Ordinary	CFD	Long	592	3.246167        GBP
10p Ordinary	CFD	Long	19	3.244        GBP
10p Ordinary	CFD	Long	958	3.269        GBP
10p Ordinary	CFD	Long	2644	3.272        GBP
10p Ordinary	CFD	Long	5063	3.273        GBP
10p Ordinary	CFD	Long	3244	3.26        GBP
10p Ordinary	CFD	Long	1000	3.275        GBP
10p Ordinary	CFD	Long	1300	3.27        GBP
10p Ordinary	CFD	Long	192	3.276        GBP
10p Ordinary	CFD	Long	17309	3.266074        GBP
10p Ordinary	CFD	Long	2027	3.262        GBP
10p Ordinary	CFD	Long	364	3.256154        GBP
10p Ordinary	CFD	Long	3116	3.24151155327343        GBP
10p Ordinary	CFD	Short	11732	3.250654        GBP
10p Ordinary	CFD	Short	3400	3.2651        GBP
10p Ordinary	CFD	Short	12112	3.24241504        GBP
10p Ordinary	CFD	Short	1000	3.24        GBP
10p Ordinary	CFD	Short	2460	3.239        GBP
10p Ordinary	CFD	Short	86779	3.26572731        GBP
10p Ordinary	CFD	Short	5902	3.247738        GBP
10p Ordinary	CFD	Short	7534	3.251378        GBP
10p Ordinary	CFD	Short	1723	3.242165        GBP
10p Ordinary	CFD	Short	800	3.242419        GBP
10p Ordinary	CFD	Short	44303	3.25537503103627        GBP
10p Ordinary	CFD	Short	2206	3.243551        GBP
10p Ordinary	CFD	Short	16362	3.241609        GBP
10p Ordinary	CFD	Short	84591	3.248755        GBP
10p Ordinary	CFD	Short	10655	3.242        GBP
10p Ordinary	CFD	Short	6476	3.260736        GBP
10p Ordinary	CFD	Short	2500	3.243459962        GBP
10p Ordinary	CFD	Short	19319	3.245084        GBP
10p Ordinary	CFD	Short	48813	3.25521        GBP
10p Ordinary	CFD	Short	2107	3.262101        GBP
10p Ordinary	CFD	Short	4774	3.257744        GBP
10p Ordinary	CFD	Short	23100	3.26150216450216        GBP
10p Ordinary	CFD	Short	1965	3.26156743002545        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:	21 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