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

UBS AG (EPT)

04 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:	01 March 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	131048	3.27000        GBP	3.23240        GBP
10p Ordinary	Sell	471177	3.27000        GBP	3.22399        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	3147	3.266        GBP
10p Ordinary	CFD	Long	25640	3.2642293        GBP
10p Ordinary	CFD	Long	24181	3.26205        GBP
10p Ordinary	CFD	Long	1520	3.253341        GBP
10p Ordinary	CFD	Long	3096	3.254945        GBP
10p Ordinary	CFD	Long	26695	3.26375255        GBP
10p Ordinary	CFD	Long	33717	3.263837        GBP
10p Ordinary	CFD	Long	16766	3.260699        GBP
10p Ordinary	CFD	Long	8494	3.258615        GBP
10p Ordinary	CFD	Long	259	3.246834        GBP
10p Ordinary	CFD	Long	110	3.263818        GBP
10p Ordinary	CFD	Long	163	3.26222086        GBP
10p Ordinary	CFD	Long	3112	3.225        GBP
10p Ordinary	CFD	Long	71142	3.264        GBP
10p Ordinary	CFD	Long	5111	3.255        GBP
10p Ordinary	CFD	Long	5786	3.267879        GBP
10p Ordinary	CFD	Long	22515	3.26296989        GBP
10p Ordinary	CFD	Long	403	3.260012        GBP
10p Ordinary	CFD	Long	304	3.263508        GBP
10p Ordinary	CFD	Long	1293	3.25748646558391        GBP
10p Ordinary	CFD	Long	4201	3.260443        GBP
10p Ordinary	CFD	Long	15000	3.26        GBP
10p Ordinary	CFD	Long	50000	3.25931445        GBP
10p Ordinary	CFD	Long	3195	3.26406259780908        GBP
10p Ordinary	CFD	Long	7139	3.2553803053649        GBP
10p Ordinary	CFD	Long	7320	3.26536557        GBP
10p Ordinary	CFD	Long	2979	3.26001        GBP
10p Ordinary	CFD	Long	62358	3.2624227        GBP
10p Ordinary	CFD	Short	4025	3.26448944099379        GBP
10p Ordinary	CFD	Short	19262	3.264337        GBP
10p Ordinary	CFD	Short	277	3.23999459        GBP
10p Ordinary	CFD	Short	8414	3.26640332        GBP
10p Ordinary	CFD	Short	23	3.26852174        GBP
10p Ordinary	CFD	Short	6494	3.264        GBP
10p Ordinary	CFD	Short	2047	3.26185        GBP
10p Ordinary	CFD	Short	6355	3.26372958        GBP
10p Ordinary	CFD	Short	4485	3.26517725752508        GBP
10p Ordinary	CFD	Short	209	3.269        GBP
10p Ordinary	CFD	Short	487	3.261047        GBP
10p Ordinary	CFD	Short	12079	3.261759        GBP
10p Ordinary	CFD	Short	2775	3.2496859        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:	04 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