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

UBS AG (EPT)

12 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:	11 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	3326838	3.45892        GBP	3.36700        GBP
10p Ordinary	Sell	2502125	3.45892        GBP	3.36200        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	207145	3.41286610828164        GBP
10p Ordinary	CFD	Long	105	3.387702        GBP
10p Ordinary	CFD	Long	232	3.36694        GBP
10p Ordinary	CFD	Long	40728	3.419        GBP
10p Ordinary	CFD	Long	60229	3.3978604        GBP
10p Ordinary	CFD	Long	5035	3.39669712        GBP
10p Ordinary	CFD	Long	57940	3.40856        GBP
10p Ordinary	CFD	Long	8544	3.423126        GBP
10p Ordinary	CFD	Long	23442	3.39651587        GBP
10p Ordinary	CFD	Long	4191	3.38280839895013        GBP
10p Ordinary	CFD	Long	3648	3.418829        GBP
10p Ordinary	CFD	Long	44532	3.410059        GBP
10p Ordinary	CFD	Long	3712	3.39671884        GBP
10p Ordinary	CFD	Long	8138	3.41831653969034        GBP
10p Ordinary	CFD	Long	25962	3.394069        GBP
10p Ordinary	CFD	Long	366	3.388172        GBP
10p Ordinary	CFD	Long	2114	3.418827        GBP
10p Ordinary	CFD	Long	199	3.395761        GBP
10p Ordinary	CFD	Long	3546	3.387        GBP
10p Ordinary	CFD	Long	14713	3.39313916        GBP
10p Ordinary	CFD	Long	415	3.362        GBP
10p Ordinary	CFD	Long	5770	3.39        GBP
10p Ordinary	CFD	Long	6389	3.382        GBP
10p Ordinary	CFD	Long	7558	3.403        GBP
10p Ordinary	CFD	Long	3664	3.40960698689956        GBP
10p Ordinary	CFD	Long	950	3.38289632        GBP
10p Ordinary	CFD	Long	155984	3.40664350189763        GBP
10p Ordinary	CFD	Long	280	3.398486        GBP
10p Ordinary	CFD	Long	9070	3.38233076074972        GBP
10p Ordinary	CFD	Long	64	3.3975        GBP
10p Ordinary	CFD	Long	69054	3.39671706200944        GBP
10p Ordinary	CFD	Long	510	3.39643529        GBP
10p Ordinary	CFD	Long	2475	3.411501        GBP
10p Ordinary	CFD	Long	514500	3.403941        GBP
10p Ordinary	CFD	Long	128990	3.411462        GBP
10p Ordinary	CFD	Long	18740	3.40934791889007        GBP
10p Ordinary	CFD	Long	20020	3.394323        GBP
10p Ordinary	CFD	Long	198368	3.411076        GBP
10p Ordinary	CFD	Long	19997	3.4089056        GBP
10p Ordinary	CFD	Long	3208	3.3813032        GBP
10p Ordinary	CFD	Long	74060	3.41466        GBP
10p Ordinary	CFD	Long	93878	3.38707790962739        GBP
10p Ordinary	CFD	Long	7154	3.40222575        GBP
10p Ordinary	CFD	Short	739	3.393        GBP
10p Ordinary	CFD	Short	1930	3.397        GBP
10p Ordinary	CFD	Short	2350	3.3938        GBP
10p Ordinary	CFD	Short	3641	3.414        GBP
10p Ordinary	CFD	Short	473	3.391        GBP
10p Ordinary	CFD	Short	2085	3.385        GBP
10p Ordinary	CFD	Short	426444	3.40528        GBP
10p Ordinary	CFD	Short	898	3.402        GBP
10p Ordinary	CFD	Short	472285	3.410655        GBP
10p Ordinary	CFD	Short	1129	3.386        GBP
10p Ordinary	CFD	Short	2500	3.3965480356        GBP
10p Ordinary	CFD	Short	244	3.3855        GBP
10p Ordinary	CFD	Short	2581	3.4        GBP
10p Ordinary	CFD	Short	1457	3.403        GBP
10p Ordinary	CFD	Short	1444	3.42107548        GBP
10p Ordinary	CFD	Short	972	3.39        GBP
10p Ordinary	CFD	Short	1618	3.372        GBP
10p Ordinary	CFD	Short	200000	3.4150929        GBP
10p Ordinary	CFD	Short	2839	3.398        GBP
10p Ordinary	CFD	Short	200000	3.415355        GBP
10p Ordinary	CFD	Short	3481	3.391363        GBP
10p Ordinary	CFD	Short	2243	3.39670085        GBP
10p Ordinary	CFD	Short	1410	3.39007092        GBP
10p Ordinary	CFD	Short	31638	3.41801466        GBP
10p Ordinary	CFD	Short	27233	3.435969        GBP
10p Ordinary	CFD	Short	368204	3.419        GBP
10p Ordinary	CFD	Short	3308	3.3846429        GBP
10p Ordinary	CFD	Short	4203	3.41951463240542        GBP
10p Ordinary	CFD	Short	57774	3.4304059        GBP
10p Ordinary	CFD	Short	141	3.392        GBP
10p Ordinary	CFD	Short	879	3.407        GBP
10p Ordinary	CFD	Short	2786	3.413        GBP
10p Ordinary	CFD	Short	1200	3.379        GBP
10p Ordinary	CFD	Short	606	3.405215        GBP
10p Ordinary	CFD	Short	119947	3.394505        GBP
10p Ordinary	CFD	Short	141	3.391504        GBP
10p Ordinary	CFD	Short	570	3.401        GBP
10p Ordinary	CFD	Short	782	3.417        GBP
10p Ordinary	CFD	Short	822	3.403358        GBP
10p Ordinary	CFD	Short	246882	3.41471        GBP
10p Ordinary	CFD	Short	1938	3.419169        GBP
10p Ordinary	CFD	Short	4681	3.3860393        GBP
10p Ordinary	CFD	Short	4525	3.397134        GBP
10p Ordinary	CFD	Short	294	3.38277551        GBP
10p Ordinary	CFD	Short	500000	3.402148        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:	12 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