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

UBS AG (EPT)

22 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:	21 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	3592054	3.24300        GBP	3.18800        GBP
10p Ordinary	Sell	3218195	3.23764        GBP	3.18800        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	2944	3.208        GBP
10p Ordinary	CFD	Long	1428	3.209        GBP
10p Ordinary	CFD	Long	592	3.211        GBP
10p Ordinary	CFD	Long	2289	3.212        GBP
10p Ordinary	CFD	Long	828	3.189        GBP
10p Ordinary	CFD	Long	1000	3.195        GBP
10p Ordinary	CFD	Long	514	3.205389        GBP
10p Ordinary	CFD	Long	658	3.20035591        GBP
10p Ordinary	CFD	Long	442104	3.2        GBP
10p Ordinary	CFD	Long	315	3.202743        GBP
10p Ordinary	CFD	Long	294	3.199913        GBP
10p Ordinary	CFD	Long	244	3.232951        GBP
10p Ordinary	CFD	Long	24725	3.20463784        GBP
10p Ordinary	CFD	Long	17055	3.20367444        GBP
10p Ordinary	CFD	Long	5800	3.21857931034483        GBP
10p Ordinary	CFD	Long	35781	3.206561        GBP
10p Ordinary	CFD	Long	4997	3.194        GBP
10p Ordinary	CFD	Long	4800	3.201        GBP
10p Ordinary	CFD	Long	2078	3.191        GBP
10p Ordinary	CFD	Long	879	3.199936        GBP
10p Ordinary	CFD	Long	91440	3.200196        GBP
10p Ordinary	CFD	Long	19125	3.203656        GBP
10p Ordinary	CFD	Long	10095	3.19984        GBP
10p Ordinary	CFD	Long	4554	3.19971234        GBP
10p Ordinary	CFD	Short	1153	3.243        GBP
10p Ordinary	CFD	Short	8749	3.20004        GBP
10p Ordinary	CFD	Short	12400	3.20014        GBP
10p Ordinary	CFD	Short	3000	3.1995711287        GBP
10p Ordinary	CFD	Short	615500	3.20057769        GBP
10p Ordinary	CFD	Short	32842	3.20259819743012        GBP
10p Ordinary	CFD	Short	1281	3.199738        GBP
10p Ordinary	CFD	Short	6839	3.200088        GBP
10p Ordinary	CFD	Short	20680	3.20557796        GBP
10p Ordinary	CFD	Short	21100	3.20137344        GBP
10p Ordinary	CFD	Short	65000	3.20978569230769        GBP
10p Ordinary	CFD	Short	3800	3.2108        GBP
10p Ordinary	CFD	Short	31951	3.201533        GBP
10p Ordinary	CFD	Short	43284	3.203478        GBP
10p Ordinary	CFD	Short	27327	3.200877        GBP
10p Ordinary	CFD	Short	8589	3.198597        GBP
10p Ordinary	CFD	Short	9380	3.208846        GBP
10p Ordinary	CFD	Short	5871	3.201054        GBP
10p Ordinary	CFD	Short	6079	3.20016        GBP
10p Ordinary	CFD	Short	101819	3.2        GBP
10p Ordinary	CFD	Short	22661	3.203338        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:	22 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