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

UBS AG (EPT)

08 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:	07 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	15107817	3.29350        GBP	3.14504        GBP
10p Ordinary	Sell	15171791	3.29400        GBP	3.14504        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	51827	3.26785594381307        GBP
10p Ordinary	CFD	Long	19916	3.25586152        GBP
10p Ordinary	CFD	Long	15578	3.258463        GBP
10p Ordinary	CFD	Long	2195	3.261746        GBP
10p Ordinary	CFD	Long	212319	3.29        GBP
10p Ordinary	CFD	Long	563	3.28717584        GBP
10p Ordinary	CFD	Long	5229	3.26618283        GBP
10p Ordinary	CFD	Long	3041	3.22870509        GBP
10p Ordinary	CFD	Long	2277	3.28350900307422        GBP
10p Ordinary	CFD	Long	1957	3.28524782830864        GBP
10p Ordinary	CFD	Long	5766	3.27565036420395        GBP
10p Ordinary	CFD	Long	1603	3.24981887        GBP
10p Ordinary	CFD	Long	660	3.24981132        GBP
10p Ordinary	CFD	Long	1038	3.18        GBP
10p Ordinary	CFD	Long	3805	3.176        GBP
10p Ordinary	CFD	Long	1861	3.173        GBP
10p Ordinary	CFD	Long	410	3.169        GBP
10p Ordinary	CFD	Long	2085	3.201        GBP
10p Ordinary	CFD	Long	3066	3.2055        GBP
10p Ordinary	CFD	Long	1420	3.259        GBP
10p Ordinary	CFD	Long	4290	3.254        GBP
10p Ordinary	CFD	Long	12551	3.252        GBP
10p Ordinary	CFD	Long	3705	3.262        GBP
10p Ordinary	CFD	Long	18457	3.251722        GBP
10p Ordinary	CFD	Long	1799	3.213        GBP
10p Ordinary	CFD	Long	1000	3.188        GBP
10p Ordinary	CFD	Long	826	3.189        GBP
10p Ordinary	CFD	Long	39069	3.2599026        GBP
10p Ordinary	CFD	Long	885	3.214        GBP
10p Ordinary	CFD	Long	1300	3.184        GBP
10p Ordinary	CFD	Long	788	3.182        GBP
10p Ordinary	CFD	Long	1945	3.181        GBP
10p Ordinary	CFD	Long	146435	3.2593759701        GBP
10p Ordinary	CFD	Long	8500	3.2337261178        GBP
10p Ordinary	CFD	Long	352	3.2625823        GBP
10p Ordinary	CFD	Long	73267	3.251837        GBP
10p Ordinary	CFD	Long	2339	3.251838        GBP
10p Ordinary	CFD	Long	46024	3.262328        GBP
10p Ordinary	CFD	Long	21491	3.16159797        GBP
10p Ordinary	CFD	Long	21388	3.218477        GBP
10p Ordinary	CFD	Long	10740	3.18518529        GBP
10p Ordinary	CFD	Long	15538	3.266022        GBP
10p Ordinary	CFD	Long	14591	3.22150555        GBP
10p Ordinary	CFD	Long	2431	3.24059234882764        GBP
10p Ordinary	CFD	Long	358	3.272        GBP
10p Ordinary	CFD	Long	24561	3.28717805        GBP
10p Ordinary	CFD	Long	228133	3.26618324        GBP
10p Ordinary	CFD	Long	12557	3.28717847        GBP
10p Ordinary	CFD	Long	116638	3.26618332        GBP
10p Ordinary	CFD	Long	5596	3.26664171        GBP
10p Ordinary	CFD	Long	85191	3.252582        GBP
10p Ordinary	CFD	Long	8698	3.2730041388825        GBP
10p Ordinary	CFD	Short	84293	3.192552        GBP
10p Ordinary	CFD	Short	4226	3.19296261239943        GBP
10p Ordinary	CFD	Short	19472	3.22257600657354        GBP
10p Ordinary	CFD	Short	227237	3.282674        GBP
10p Ordinary	CFD	Short	124029	3.2523558        GBP
10p Ordinary	CFD	Short	132060	3.256141        GBP
10p Ordinary	CFD	Short	4488	3.254251        GBP
10p Ordinary	CFD	Short	564	3.171        GBP
10p Ordinary	CFD	Short	943	3.189915        GBP
10p Ordinary	CFD	Short	436	3.174608        GBP
10p Ordinary	CFD	Short	1315	3.176        GBP
10p Ordinary	CFD	Short	4014	3.19        GBP
10p Ordinary	CFD	Short	574	3.245744        GBP
10p Ordinary	CFD	Short	307	3.2253659        GBP
10p Ordinary	CFD	Short	342572	3.252        GBP
10p Ordinary	CFD	Short	13083	3.26263986        GBP
10p Ordinary	CFD	Short	12319	3.231545        GBP
10p Ordinary	CFD	Short	6400	3.248914        GBP
10p Ordinary	CFD	Short	28886	3.256014        GBP
10p Ordinary	CFD	Short	621	3.16600644122383        GBP
10p Ordinary	CFD	Short	14207	3.19296262405856        GBP
10p Ordinary	CFD	Short	65453	3.22257604693444        GBP
10p Ordinary	CFD	Short	14854	3.25033917        GBP
10p Ordinary	CFD	Short	29859	3.1753002444824        GBP
10p Ordinary	CFD	Short	7354	3.1673959749796        GBP
10p Ordinary	CFD	Short	10800	3.25350833333333        GBP
10p Ordinary	CFD	Short	5787	3.18372731985485        GBP
10p Ordinary	CFD	Short	767	3.184        GBP
10p Ordinary	CFD	Short	2388	3.182        GBP
10p Ordinary	CFD	Short	3641	3.167        GBP
10p Ordinary	CFD	Short	1547	3.22        GBP
10p Ordinary	CFD	Short	3554	3.168        GBP
10p Ordinary	CFD	Short	2602	3.191        GBP
10p Ordinary	CFD	Short	3554	3.192        GBP
10p Ordinary	CFD	Short	3500	3.193        GBP
10p Ordinary	CFD	Short	4028	3.194        GBP
10p Ordinary	CFD	Short	2801	3.241        GBP
10p Ordinary	CFD	Short	4284	3.242        GBP
10p Ordinary	CFD	Short	1000	3.255        GBP
10p Ordinary	CFD	Short	1934	3.259        GBP
10p Ordinary	CFD	Short	4156	3.260693        GBP
10p Ordinary	CFD	Short	4053	3.267        GBP
10p Ordinary	CFD	Short	1007	3.276        GBP
10p Ordinary	CFD	Short	69201	3.215996        GBP
10p Ordinary	CFD	Short	2354	3.186        GBP
10p Ordinary	CFD	Short	1871	3.1865        GBP
10p Ordinary	CFD	Short	822	3.189        GBP
10p Ordinary	CFD	Short	3582	3.164636        GBP
10p Ordinary	CFD	Short	1318	3.173        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:	08 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