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

UBS AG (EPT)

23 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:	22 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	1672972	3.26199        GBP	3.21589        GBP
10p Ordinary	Sell	1462517	3.26199        GBP	3.20500        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	12510	3.241826        GBP
10p Ordinary	CFD	Long	2824	3.249        GBP
10p Ordinary	CFD	Long	11894	3.245833        GBP
10p Ordinary	CFD	Long	6549	3.244837        GBP
10p Ordinary	CFD	Long	8626	3.239187        GBP
10p Ordinary	CFD	Long	1120	3.2515        GBP
10p Ordinary	CFD	Long	4091	3.256063        GBP
10p Ordinary	CFD	Long	24979	3.2441452        GBP
10p Ordinary	CFD	Long	52500	3.24164323809524        GBP
10p Ordinary	CFD	Long	1020	3.2428865        GBP
10p Ordinary	CFD	Long	6472	3.24353003        GBP
10p Ordinary	CFD	Long	1812	3.24790123        GBP
10p Ordinary	CFD	Long	12532	3.23711309        GBP
10p Ordinary	CFD	Long	74087	3.245        GBP
10p Ordinary	CFD	Long	6543	3.247175        GBP
10p Ordinary	CFD	Long	7422	3.24357316087308        GBP
10p Ordinary	CFD	Long	18899	3.2447775014551        GBP
10p Ordinary	CFD	Long	8819	3.240571        GBP
10p Ordinary	CFD	Long	2000	3.2465039512        GBP
10p Ordinary	CFD	Long	70675	3.243096        GBP
10p Ordinary	CFD	Long	6109	3.244087        GBP
10p Ordinary	CFD	Long	1294	3.245586        GBP
10p Ordinary	CFD	Long	214	3.205        GBP
10p Ordinary	CFD	Long	10270	3.248392        GBP
10p Ordinary	CFD	Long	47194	3.24492796        GBP
10p Ordinary	CFD	Long	689	3.245007        GBP
10p Ordinary	CFD	Long	10515	3.243349        GBP
10p Ordinary	CFD	Long	707	3.260661        GBP
10p Ordinary	CFD	Short	2445	3.23639        GBP
10p Ordinary	CFD	Short	19649	3.245162        GBP
10p Ordinary	CFD	Short	10471	3.232274        GBP
10p Ordinary	CFD	Short	3449	3.23190523        GBP
10p Ordinary	CFD	Short	9849	3.227781        GBP
10p Ordinary	CFD	Short	9083	3.23240422        GBP
10p Ordinary	CFD	Short	2	3.225        GBP
10p Ordinary	CFD	Short	360000	3.24516636        GBP
10p Ordinary	CFD	Short	1225	3.24500408163265        GBP
10p Ordinary	CFD	Short	25000	3.245339        GBP
10p Ordinary	CFD	Short	1757	3.249983        GBP
10p Ordinary	CFD	Short	4540	3.219888        GBP
10p Ordinary	CFD	Short	5120	3.24643003        GBP
10p Ordinary	CFD	Short	5542	3.21589137        GBP
10p Ordinary	CFD	Short	80000	3.2185        GBP
10p Ordinary	CFD	Short	12491	3.24295572812425        GBP
10p Ordinary	CFD	Short	4590	3.22817        GBP
10p Ordinary	CFD	Short	438	3.243315        GBP
10p Ordinary	CFD	Short	43656	3.245        GBP
10p Ordinary	CFD	Short	1900	3.21822631578947        GBP
10p Ordinary	CFD	Short	3279	3.24135        GBP
10p Ordinary	CFD	Short	2483	3.237073        GBP
10p Ordinary	CFD	Short	10729	3.24439104        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:	23 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