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

UBS AG (EPT)

27 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:	26 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	384294	3.21583        GBP	3.17500        GBP
10p Ordinary	Sell	272286	3.21583        GBP	3.17500        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	1500	3.194        GBP
10p Ordinary	CFD	Long	995	3.212        GBP
10p Ordinary	CFD	Long	52723	3.18566        GBP
10p Ordinary	CFD	Long	4753	3.193833        GBP
10p Ordinary	CFD	Long	794	3.1943178163        GBP
10p Ordinary	CFD	Long	43145	3.184        GBP
10p Ordinary	CFD	Long	606	3.18679151        GBP
10p Ordinary	CFD	Long	7732	3.18802818        GBP
10p Ordinary	CFD	Long	36114	3.18386        GBP
10p Ordinary	CFD	Long	5147	3.195057        GBP
10p Ordinary	CFD	Long	7967	3.18809451        GBP
10p Ordinary	CFD	Long	4066	3.1839602        GBP
10p Ordinary	CFD	Long	218	3.20211009        GBP
10p Ordinary	CFD	Long	610	3.209075        GBP
10p Ordinary	CFD	Long	6561	3.20179698216735        GBP
10p Ordinary	CFD	Long	1313	3.21022086824067        GBP
10p Ordinary	CFD	Long	3566	3.183842        GBP
10p Ordinary	CFD	Short	3497	3.1935153        GBP
10p Ordinary	CFD	Short	147160	3.184        GBP
10p Ordinary	CFD	Short	11155	3.18193993724787        GBP
10p Ordinary	CFD	Short	513	3.189916        GBP
10p Ordinary	CFD	Short	1811	3.199308        GBP
10p Ordinary	CFD	Short	1021	3.209772        GBP
10p Ordinary	CFD	Short	389	3.1840398        GBP
10p Ordinary	CFD	Short	21600	3.19951203703704        GBP
10p Ordinary	CFD	Short	25426	3.200585        GBP
10p Ordinary	CFD	Short	2330	3.180099        GBP
10p Ordinary	CFD	Short	5122	3.189793        GBP
10p Ordinary	CFD	Short	14208	3.201187        GBP
10p Ordinary	CFD	Short	1064	3.214041        GBP
10p Ordinary	CFD	Short	6335	3.191185        GBP
10p Ordinary	CFD	Short	14437	3.19394264736441        GBP
10p Ordinary	CFD	Short	5561	3.204117        GBP
10p Ordinary	CFD	Short	6810	3.189221        GBP
10p Ordinary	CFD	Short	407	3.208311        GBP
10p Ordinary	CFD	Short	3000	3.1776716984        GBP
10p Ordinary	CFD	Short	19823	3.190164        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:	27 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