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

UBS AG (EPT)

06 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:	05 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	14105892	3.23505        GBP	3.18099        GBP
10p Ordinary	Sell	12820482	3.23505        GBP	3.18099        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	3201	3.209953        GBP
10p Ordinary	CFD	Long	569	3.203743        GBP
10p Ordinary	CFD	Long	48070	3.203        GBP
10p Ordinary	CFD	Long	12895	3.20235982939124        GBP
10p Ordinary	CFD	Long	7979	3.21292392530392        GBP
10p Ordinary	CFD	Long	1851	3.21793827        GBP
10p Ordinary	CFD	Long	1166	3.21786185        GBP
10p Ordinary	CFD	Long	742	3.22323888        GBP
10p Ordinary	CFD	Long	276	3.22323867        GBP
10p Ordinary	CFD	Long	495	3.22209314        GBP
10p Ordinary	CFD	Long	1611	3.21786011        GBP
10p Ordinary	CFD	Long	796	3.22307165        GBP
10p Ordinary	CFD	Long	2432	3.21475488        GBP
10p Ordinary	CFD	Long	16233	3.195911        GBP
10p Ordinary	CFD	Long	3518	3.193        GBP
10p Ordinary	CFD	Long	5560	3.199        GBP
10p Ordinary	CFD	Long	829	3.197        GBP
10p Ordinary	CFD	Long	222	3.22        GBP
10p Ordinary	CFD	Long	13	3.21046154        GBP
10p Ordinary	CFD	Long	1972	3.19955        GBP
10p Ordinary	CFD	Long	46246	3.2026413        GBP
10p Ordinary	CFD	Long	365	3.19816438        GBP
10p Ordinary	CFD	Short	20417	3.195458        GBP
10p Ordinary	CFD	Short	18536	3.20304004        GBP
10p Ordinary	CFD	Short	9317	3.196216        GBP
10p Ordinary	CFD	Short	38167	3.205178        GBP
10p Ordinary	CFD	Short	9688	3.203        GBP
10p Ordinary	CFD	Short	20	3.209        GBP
10p Ordinary	CFD	Short	12532	3.213397        GBP
10p Ordinary	CFD	Short	3000	3.1838748375        GBP
10p Ordinary	CFD	Short	16557	3.19705562601921        GBP
10p Ordinary	CFD	Short	1000000	3.198459        GBP
10p Ordinary	CFD	Short	835	3.1892        GBP
10p Ordinary	CFD	Short	61000	3.19361360655738        GBP
10p Ordinary	CFD	Short	50151	3.204325        GBP
10p Ordinary	CFD	Short	3665	3.207        GBP
10p Ordinary	CFD	Short	5515	3.187        GBP
10p Ordinary	CFD	Short	830	3.193        GBP
10p Ordinary	CFD	Short	2748	3.196        GBP
10p Ordinary	CFD	Short	834	3.199        GBP
10p Ordinary	CFD	Short	5435	3.185        GBP
10p Ordinary	CFD	Short	983	3.184        GBP
10p Ordinary	CFD	Short	1315	3.188        GBP
10p Ordinary	CFD	Short	9700	3.2027        GBP
10p Ordinary	CFD	Short	1294	3.2168771        GBP
10p Ordinary	CFD	Short	26490	3.193282        GBP
10p Ordinary	CFD	Short	4767	3.19876453        GBP
10p Ordinary	CFD	Short	46442	3.20316        GBP
10p Ordinary	CFD	Short	1048	3.203158        GBP
10p Ordinary	CFD	Short	3929	3.2147085        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:	06 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