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

UBS AG (EPT)

07 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:	06 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	6643980	3.22400        GBP	3.15798        GBP
10p Ordinary	Sell	12001082	3.22400        GBP	3.15736        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	2067	3.18241534        GBP
10p Ordinary	CFD	Long	21661	3.1729537        GBP
10p Ordinary	CFD	Long	2560157	3.158        GBP
10p Ordinary	CFD	Long	11276	3.188697        GBP
10p Ordinary	CFD	Long	8772	3.176575        GBP
10p Ordinary	CFD	Long	27888	3.20746918        GBP
10p Ordinary	CFD	Long	18440	3.1735555        GBP
10p Ordinary	CFD	Long	50	3.194        GBP
10p Ordinary	CFD	Long	5259	3.202076        GBP
10p Ordinary	CFD	Long	465	3.19077312        GBP
10p Ordinary	CFD	Long	8266	3.195621        GBP
10p Ordinary	CFD	Long	373	3.187        GBP
10p Ordinary	CFD	Long	75000	3.2171        GBP
10p Ordinary	CFD	Long	29995	3.18526        GBP
10p Ordinary	CFD	Long	3214	3.179        GBP
10p Ordinary	CFD	Long	20000	3.18153343        GBP
10p Ordinary	CFD	Long	24302	3.21135        GBP
10p Ordinary	CFD	Long	1348	3.17907270029674        GBP
10p Ordinary	CFD	Long	15344	3.15736835245047        GBP
10p Ordinary	CFD	Long	2781046	3.216        GBP
10p Ordinary	CFD	Short	11070	3.1833        GBP
10p Ordinary	CFD	Short	79400	3.21063702770781        GBP
10p Ordinary	CFD	Short	10136	3.20589818        GBP
10p Ordinary	CFD	Short	11742	3.2085088        GBP
10p Ordinary	CFD	Short	11237	3.201598        GBP
10p Ordinary	CFD	Short	1400	3.158157        GBP
10p Ordinary	CFD	Short	331	3.216163        GBP
10p Ordinary	CFD	Short	1757	3.1904262        GBP
10p Ordinary	CFD	Short	13944	3.19070953        GBP
10p Ordinary	CFD	Short	13944	3.19126762        GBP
10p Ordinary	CFD	Short	2458	3.21461585        GBP
10p Ordinary	CFD	Short	1621	3.207872        GBP
10p Ordinary	CFD	Short	35135	3.158        GBP
10p Ordinary	CFD	Short	3805	4.02588156        USD
10p Ordinary	CFD	Short	5852	3.2175        GBP
10p Ordinary	CFD	Short	4621	3.2225        GBP
10p Ordinary	CFD	Short	821	3.218        GBP
10p Ordinary	CFD	Short	5650	3.221        GBP
10p Ordinary	CFD	Short	4875	3.223722        GBP
10p Ordinary	CFD	Short	58250	3.217934        GBP
10p Ordinary	CFD	Short	3270	3.194        GBP
10p Ordinary	CFD	Short	1940	3.1975        GBP
10p Ordinary	CFD	Short	1259	3.196        GBP
10p Ordinary	CFD	Short	2049	3.19551        GBP
10p Ordinary	CFD	Short	24794	3.16098851        GBP
10p Ordinary	CFD	Short	26172	3.1890329359621        GBP
10p Ordinary	CFD	Short	3041	3.21766585        GBP
10p Ordinary	CFD	Short	216	3.199        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:	07 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