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

UBS AG (EPT)

26 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:	23 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	585899	3.26000        GBP	3.19500        GBP
10p Ordinary	Sell	265398	3.26255        GBP	3.19500        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	4190	3.211446        GBP
10p Ordinary	CFD	Long	1327	3.215        GBP
10p Ordinary	CFD	Long	315	3.235952        GBP
10p Ordinary	CFD	Long	3103	3.206365        GBP
10p Ordinary	CFD	Long	9927	3.208879        GBP
10p Ordinary	CFD	Long	53765	3.208        GBP
10p Ordinary	CFD	Long	1957	3.22498013        GBP
10p Ordinary	CFD	Long	34	3.26        GBP
10p Ordinary	CFD	Long	979	3.2112774101        GBP
10p Ordinary	CFD	Long	2823	3.239983        GBP
10p Ordinary	CFD	Long	2180	3.23140366972477        GBP
10p Ordinary	CFD	Long	1311	3.24481311975591        GBP
10p Ordinary	CFD	Long	3398	3.24621542083579        GBP
10p Ordinary	CFD	Long	17580	3.22319908987486        GBP
10p Ordinary	CFD	Long	5022	3.24539824771008        GBP
10p Ordinary	CFD	Long	5040	3.20665346        GBP
10p Ordinary	CFD	Long	2557	3.20960094        GBP
10p Ordinary	CFD	Long	9127	3.20661266        GBP
10p Ordinary	CFD	Long	883	3.197        GBP
10p Ordinary	CFD	Long	1300	3.1965        GBP
10p Ordinary	CFD	Long	10661	3.214059        GBP
10p Ordinary	CFD	Long	1902	3.1985        GBP
10p Ordinary	CFD	Long	1537	3.2165        GBP
10p Ordinary	CFD	Long	14015	3.213164        GBP
10p Ordinary	CFD	Short	41910	3.2090813648294        GBP
10p Ordinary	CFD	Short	26726	3.207303        GBP
10p Ordinary	CFD	Short	16837	3.205533        GBP
10p Ordinary	CFD	Short	47	3.242        GBP
10p Ordinary	CFD	Short	2603	3.20816        GBP
10p Ordinary	CFD	Short	5814	3.201225        GBP
10p Ordinary	CFD	Short	176253	3.208        GBP
10p Ordinary	CFD	Short	13807	3.20810218        GBP
10p Ordinary	CFD	Short	5389	3.220295        GBP
10p Ordinary	CFD	Short	8886	3.209925        GBP
10p Ordinary	CFD	Short	7745	3.21379555        GBP
10p Ordinary	CFD	Short	1968	3.20832        GBP
10p Ordinary	CFD	Short	1830	3.207009        GBP
10p Ordinary	CFD	Short	155	3.206996        GBP
10p Ordinary	CFD	Short	507	3.20516765285996        GBP
10p Ordinary	CFD	Short	2	3.205        GBP
10p Ordinary	CFD	Short	61726	3.208239        GBP
10p Ordinary	CFD	Short	8469	3.204277        GBP
10p Ordinary	CFD	Short	20737	3.20731831991127        GBP
10p Ordinary	CFD	Short	7952	3.20773        GBP
10p Ordinary	CFD	Short	9304	3.26        GBP
10p Ordinary	CFD	Short	1732	3.211615        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:	26 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