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

UBS AG (EPT)

28 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:	27 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	938357	3.20000        GBP	3.17850        GBP
10p Ordinary	Sell	785149	3.20000        GBP	3.17850        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	42034	3.191779        GBP
10p Ordinary	CFD	Long	24513	3.191305        GBP
10p Ordinary	CFD	Long	22082	3.184        GBP
10p Ordinary	CFD	Long	807	3.1882988582        GBP
10p Ordinary	CFD	Long	194	3.184392        GBP
10p Ordinary	CFD	Long	616	3.18820041        GBP
10p Ordinary	CFD	Long	67341	3.18664807        GBP
10p Ordinary	CFD	Long	1505	3.193943        GBP
10p Ordinary	CFD	Long	1619	3.199438        GBP
10p Ordinary	CFD	Long	60865	3.191455        GBP
10p Ordinary	CFD	Long	100000	3.19073139        GBP
10p Ordinary	CFD	Long	230	3.1935        GBP
10p Ordinary	CFD	Long	10000	3.190073        GBP
10p Ordinary	CFD	Long	13015	3.18762400240031        GBP
10p Ordinary	CFD	Long	31979	3.186025        GBP
10p Ordinary	CFD	Long	81	3.196123        GBP
10p Ordinary	CFD	Long	4698	3.18384        GBP
10p Ordinary	CFD	Long	716	3.190764        GBP
10p Ordinary	CFD	Long	1875	3.195387        GBP
10p Ordinary	CFD	Long	3559	3.188        GBP
10p Ordinary	CFD	Long	657	3.189        GBP
10p Ordinary	CFD	Long	3434	3.19        GBP
10p Ordinary	CFD	Long	3932	3.192789        GBP
10p Ordinary	CFD	Short	1690	3.188359        GBP
10p Ordinary	CFD	Short	3969	3.19007949        GBP
10p Ordinary	CFD	Short	149858	3.184        GBP
10p Ordinary	CFD	Short	24326	3.184993        GBP
10p Ordinary	CFD	Short	1098	3.184044        GBP
10p Ordinary	CFD	Short	7248	3.18466784        GBP
10p Ordinary	CFD	Short	2080	3.185834        GBP
10p Ordinary	CFD	Short	13385	3.184159        GBP
10p Ordinary	CFD	Short	14900	3.1860711409396        GBP
10p Ordinary	CFD	Short	3277	3.19182178822093        GBP
10p Ordinary	CFD	Short	100000	3.19131149        GBP
10p Ordinary	CFD	Short	10000	3.185        GBP
10p Ordinary	CFD	Short	8108	3.188532        GBP
10p Ordinary	CFD	Short	1586	3.19110340479193        GBP
10p Ordinary	CFD	Short	1668	3.188346        GBP
10p Ordinary	CFD	Short	173118	3.184069        GBP
10p Ordinary	CFD	Short	28	3.1785        GBP
10p Ordinary	CFD	Short	2262	3.188596        GBP
10p Ordinary	CFD	Short	4451	3.19333633        GBP
10p Ordinary	CFD	Short	27195	3.1844776613348        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:	28 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