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

UBS AG (EPT)

29 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:	28 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	889248	3.19000        GBP	3.15593        GBP
10p Ordinary	Sell	864504	3.19000        GBP	3.15593        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	163	3.179        GBP
10p Ordinary	CFD	Long	864	3.174        GBP
10p Ordinary	CFD	Long	52618	3.183431        GBP
10p Ordinary	CFD	Long	51599	3.184        GBP
10p Ordinary	CFD	Long	3	3.1775        GBP
10p Ordinary	CFD	Long	400	3.18585        GBP
10p Ordinary	CFD	Long	7100	3.183841        GBP
10p Ordinary	CFD	Long	1128	3.186        GBP
10p Ordinary	CFD	Long	280	3.1839602        GBP
10p Ordinary	CFD	Long	9858	3.179134        GBP
10p Ordinary	CFD	Long	787	3.176731855        GBP
10p Ordinary	CFD	Long	32463	3.178595        GBP
10p Ordinary	CFD	Long	1720	3.180219        GBP
10p Ordinary	CFD	Long	306	3.178        GBP
10p Ordinary	CFD	Long	4616	3.18676343154246        GBP
10p Ordinary	CFD	Long	2932	3.182603        GBP
10p Ordinary	CFD	Long	4115	3.179324        GBP
10p Ordinary	CFD	Long	6682	3.174228        GBP
10p Ordinary	CFD	Long	728	3.171        GBP
10p Ordinary	CFD	Long	1287	3.17        GBP
10p Ordinary	CFD	Long	1232	3.17595        GBP
10p Ordinary	CFD	Short	7670	3.1772        GBP
10p Ordinary	CFD	Short	19326	3.183        GBP
10p Ordinary	CFD	Short	47276	3.178308        GBP
10p Ordinary	CFD	Short	7775	3.171502        GBP
10p Ordinary	CFD	Short	2047	3.179243        GBP
10p Ordinary	CFD	Short	20163	3.170503        GBP
10p Ordinary	CFD	Short	5395	3.166036        GBP
10p Ordinary	CFD	Short	3969	3.172259        GBP
10p Ordinary	CFD	Short	2881	3.184158        GBP
10p Ordinary	CFD	Short	1890	3.1840398        GBP
10p Ordinary	CFD	Short	637	3.17435086        GBP
10p Ordinary	CFD	Short	1602	3.180291        GBP
10p Ordinary	CFD	Short	2572	3.174441        GBP
10p Ordinary	CFD	Short	8459	4.030944        USD
10p Ordinary	CFD	Short	5283	3.184        GBP
10p Ordinary	CFD	Short	15979	3.17169096939733        GBP
10p Ordinary	CFD	Short	9543	3.1808760347899        GBP
10p Ordinary	CFD	Short	43522	3.1767813979137        GBP
10p Ordinary	CFD	Short	882	3.17722222222222        GBP
10p Ordinary	CFD	Short	1153	3.17712922810061        GBP
10p Ordinary	CFD	Short	1180	3.179        GBP
10p Ordinary	CFD	Short	1690	3.174536        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:	29 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