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

UBS AG (EPT)

05 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:	04 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	4389687	3.32884        GBP	3.21555        GBP
10p Ordinary	Sell	2656413	3.31553        GBP	3.21600        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	611	3.299332        GBP
10p Ordinary	CFD	Long	1000	3.297        GBP
10p Ordinary	CFD	Long	2040	3.293        GBP
10p Ordinary	CFD	Long	1893	3.3        GBP
10p Ordinary	CFD	Long	1194	3.231        GBP
10p Ordinary	CFD	Long	1525	3.2885        GBP
10p Ordinary	CFD	Long	3786	3.29        GBP
10p Ordinary	CFD	Long	1892	3.266        GBP
10p Ordinary	CFD	Long	19449	3.225817        GBP
10p Ordinary	CFD	Long	466	3.328841        GBP
10p Ordinary	CFD	Long	27	3.2152676        GBP
10p Ordinary	CFD	Long	27	3.221        GBP
10p Ordinary	CFD	Long	9697	3.281724        GBP
10p Ordinary	CFD	Long	8674	3.30460507        GBP
10p Ordinary	CFD	Long	8488	3.267922        GBP
10p Ordinary	CFD	Long	268	3.23678        GBP
10p Ordinary	CFD	Long	313	3.238645        GBP
10p Ordinary	CFD	Long	10512	3.237827        GBP
10p Ordinary	CFD	Long	2060	3.24165        GBP
10p Ordinary	CFD	Long	7113	3.240333        GBP
10p Ordinary	CFD	Long	7155	3.22051712089448        GBP
10p Ordinary	CFD	Long	6742	3.2845489        GBP
10p Ordinary	CFD	Long	3584	3.2880279        GBP
10p Ordinary	CFD	Long	227	3.24251542        GBP
10p Ordinary	CFD	Long	1715	3.2273137        GBP
10p Ordinary	CFD	Long	1155	3.234483        GBP
10p Ordinary	CFD	Long	11315	3.282798        GBP
10p Ordinary	CFD	Long	2647	3.266172        GBP
10p Ordinary	CFD	Long	202	3.26469307        GBP
10p Ordinary	CFD	Long	1192	3.292        GBP
10p Ordinary	CFD	Long	1991	3.269        GBP
10p Ordinary	CFD	Long	2024	3.282        GBP
10p Ordinary	CFD	Long	151	3.2378        GBP
10p Ordinary	CFD	Long	320000	3.23562776        GBP
10p Ordinary	CFD	Long	12342	3.25822395073732        GBP
10p Ordinary	CFD	Long	5979	3.27308245526008        GBP
10p Ordinary	CFD	Long	7949	3.230929        GBP
10p Ordinary	CFD	Long	24900	3.29446947791165        GBP
10p Ordinary	CFD	Long	1218	3.264507        GBP
10p Ordinary	CFD	Long	1266	3.217        GBP
10p Ordinary	CFD	Long	56605	3.281935        GBP
10p Ordinary	CFD	Short	154642	3.229197        GBP
10p Ordinary	CFD	Short	1000	3.2165        GBP
10p Ordinary	CFD	Short	54	3.21669541481481        GBP
10p Ordinary	CFD	Short	1706	3.221002        GBP
10p Ordinary	CFD	Short	41120	3.23777952        GBP
10p Ordinary	CFD	Short	15132	3.228629        GBP
10p Ordinary	CFD	Short	1404	3.283066        GBP
10p Ordinary	CFD	Short	240	3.26808333        GBP
10p Ordinary	CFD	Short	57009	3.221        GBP
10p Ordinary	CFD	Short	190	3.21926842        GBP
10p Ordinary	CFD	Short	1715000	3.237787        GBP
10p Ordinary	CFD	Short	1776	3.288979        GBP
10p Ordinary	CFD	Short	106947	3.291144        GBP
10p Ordinary	CFD	Short	1193	3.25549791        GBP
10p Ordinary	CFD	Short	11967	3.2346555        GBP
10p Ordinary	CFD	Short	37740	3.240488        GBP
10p Ordinary	CFD	Short	9073	3.255087        GBP
10p Ordinary	CFD	Short	1404	3.24152386        GBP
10p Ordinary	CFD	Short	4082	3.2211921        GBP
10p Ordinary	CFD	Short	25000	3.3101        GBP
10p Ordinary	CFD	Short	25000	3.2849        GBP
10p Ordinary	CFD	Short	5000	3.27249825        GBP
10p Ordinary	CFD	Short	4881	3.22011677934849        GBP
10p Ordinary	CFD	Short	64	3.2372        GBP
10p Ordinary	CFD	Short	14415	3.220791        GBP
10p Ordinary	CFD	Short	10200	3.22457254901961        GBP
10p Ordinary	CFD	Short	2619	3.2215        GBP
10p Ordinary	CFD	Short	19299	3.221161        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:	05 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