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

UBS AG (EPT)

01 March 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:	29 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	390399	3.24100        GBP	3.19400        GBP
10p Ordinary	Sell	500457	3.23800        GBP	3.20200        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	14905	3.227894        GBP
10p Ordinary	CFD	Long	12140	3.217255        GBP
10p Ordinary	CFD	Long	4399	3.227589        GBP
10p Ordinary	CFD	Long	16406	3.22095974        GBP
10p Ordinary	CFD	Long	249	3.218394        GBP
10p Ordinary	CFD	Long	3317	3.222923        GBP
10p Ordinary	CFD	Long	9279	3.21798        GBP
10p Ordinary	CFD	Long	2070	3.228237        GBP
10p Ordinary	CFD	Long	247	3.214447        GBP
10p Ordinary	CFD	Long	849	3.218        GBP
10p Ordinary	CFD	Long	2000	3.2281434435        GBP
10p Ordinary	CFD	Long	1082	3.2185        GBP
10p Ordinary	CFD	Long	935	3.222011        GBP
10p Ordinary	CFD	Long	2953	3.217        GBP
10p Ordinary	CFD	Long	2486	3.211        GBP
10p Ordinary	CFD	Long	72	3.217403        GBP
10p Ordinary	CFD	Long	150000	3.22211043        GBP
10p Ordinary	CFD	Long	1040	3.23051923076923        GBP
10p Ordinary	CFD	Long	2912	3.219        GBP
10p Ordinary	CFD	Long	1921	3.211089        GBP
10p Ordinary	CFD	Long	9235	3.22526475365457        GBP
10p Ordinary	CFD	Long	909	3.21        GBP
10p Ordinary	CFD	Long	37045	3.215483        GBP
10p Ordinary	CFD	Long	3531	3.222        GBP
10p Ordinary	CFD	Long	2500	3.2281444435        GBP
10p Ordinary	CFD	Long	1643	3.223161        GBP
10p Ordinary	CFD	Long	305	3.212        GBP
10p Ordinary	CFD	Long	14625	3.217917        GBP
10p Ordinary	CFD	Long	262	3.217221        GBP
10p Ordinary	CFD	Long	8919	3.219025        GBP
10p Ordinary	CFD	Long	13016	3.220839        GBP
10p Ordinary	CFD	Long	12076	3.22368        GBP
10p Ordinary	CFD	Long	38033	3.223403        GBP
10p Ordinary	CFD	Short	47130	3.221        GBP
10p Ordinary	CFD	Short	2743	3.2304156        GBP
10p Ordinary	CFD	Short	3367	3.2213221        GBP
10p Ordinary	CFD	Short	5896	3.21778455        GBP
10p Ordinary	CFD	Short	72	3.229        GBP
10p Ordinary	CFD	Short	26327	3.229201        GBP
10p Ordinary	CFD	Short	6068	3.20985497692815        GBP
10p Ordinary	CFD	Short	2064	3.234        GBP
10p Ordinary	CFD	Short	16030	3.219205        GBP
10p Ordinary	CFD	Short	618	3.209907        GBP
10p Ordinary	CFD	Short	1316	3.221948        GBP
10p Ordinary	CFD	Short	1300	3.236        GBP
10p Ordinary	CFD	Short	5000	3.212234        GBP
10p Ordinary	CFD	Short	2526	3.241        GBP
10p Ordinary	CFD	Short	10000	3.217        GBP
10p Ordinary	CFD	Short	513	3.21705848        GBP
10p Ordinary	CFD	Short	2890	3.194        GBP
10p Ordinary	CFD	Short	22360	3.22148300536673        GBP
10p Ordinary	CFD	Short	6686	3.223542        GBP
10p Ordinary	CFD	Short	34255	3.221161        GBP
10p Ordinary	CFD	Short	71665	3.220925        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:	01 March 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