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

UBS AG (EPT)

14 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:	13 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	6004917	3.46020        GBP	3.34900        GBP
10p Ordinary	Sell	997569	3.39249        GBP	3.34900        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	21461	3.371976        GBP
10p Ordinary	CFD	Long	517	3.36489748        GBP
10p Ordinary	CFD	Long	2624	3.374        GBP
10p Ordinary	CFD	Long	834	3.381        GBP
10p Ordinary	CFD	Long	1102	3.368207        GBP
10p Ordinary	CFD	Long	2940	3.36467262        GBP
10p Ordinary	CFD	Long	100022	3.37194        GBP
10p Ordinary	CFD	Long	1004	3.387        GBP
10p Ordinary	CFD	Long	4	3.371249995        GBP
10p Ordinary	CFD	Long	1532	3.366        GBP
10p Ordinary	CFD	Long	49892	3.36        GBP
10p Ordinary	CFD	Long	881	3.36682179341657        GBP
10p Ordinary	CFD	Long	2392	3.364        GBP
10p Ordinary	CFD	Long	1429	3.369197        GBP
10p Ordinary	CFD	Long	40904	3.359832        GBP
10p Ordinary	CFD	Long	17628	3.35976457907874        GBP
10p Ordinary	CFD	Long	5135	3.3600343        GBP
10p Ordinary	CFD	Long	3951	3.368876        GBP
10p Ordinary	CFD	Long	44225	3.362203        GBP
10p Ordinary	CFD	Long	30853	3.361724        GBP
10p Ordinary	CFD	Long	181	3.366989        GBP
10p Ordinary	CFD	Long	2157	3.37        GBP
10p Ordinary	CFD	Long	1907	3.37238175        GBP
10p Ordinary	CFD	Long	111	3.36245495        GBP
10p Ordinary	CFD	Long	134	3.379876        GBP
10p Ordinary	CFD	Long	220972	3.37202193038032        GBP
10p Ordinary	CFD	Long	2964	3.36682186234818        GBP
10p Ordinary	CFD	Long	941	3.368932        GBP
10p Ordinary	CFD	Short	2500000	3.370726        GBP
10p Ordinary	CFD	Short	45797	3.360513352403        GBP
10p Ordinary	CFD	Short	9186	3.365        GBP
10p Ordinary	CFD	Short	195	3.388        GBP
10p Ordinary	CFD	Short	89930	3.36        GBP
10p Ordinary	CFD	Short	125015	3.362514        GBP
10p Ordinary	CFD	Short	5677	3.390042        GBP
10p Ordinary	CFD	Short	93633	3.3656842948        GBP
10p Ordinary	CFD	Short	2501	3.386        GBP
10p Ordinary	CFD	Short	230236	3.36631024        GBP
10p Ordinary	CFD	Short	2699	3.387        GBP
10p Ordinary	CFD	Short	22167	3.36716380204809        GBP
10p Ordinary	CFD	Short	4265	3.366        GBP
10p Ordinary	CFD	Short	441	3.382        GBP
10p Ordinary	CFD	Short	5741	3.375        GBP
10p Ordinary	CFD	Short	1152	3.3679566        GBP
10p Ordinary	CFD	Short	5466	3.38        GBP
10p Ordinary	CFD	Short	510	3.369        GBP
10p Ordinary	CFD	Short	14654	3.37137437        GBP
10p Ordinary	CFD	Short	17606	3.38487277        GBP
10p Ordinary	CFD	Short	2076	3.364845        GBP
10p Ordinary	CFD	Short	1357	3.37167944        GBP
10p Ordinary	CFD	Short	2463	3.38660171        GBP
10p Ordinary	CFD	Short	3855	3.36188093        GBP
10p Ordinary	CFD	Short	129879	3.391695        GBP
10p Ordinary	CFD	Short	4387	3.3599846        GBP
10p Ordinary	CFD	Short	466	3.37254292        GBP
10p Ordinary	CFD	Short	57730	3.363012        GBP
10p Ordinary	CFD	Short	3319	3.363406        GBP
10p Ordinary	CFD	Short	1300	3.3643254        GBP
10p Ordinary	CFD	Short	5360	3.356        GBP
10p Ordinary	CFD	Short	4128	3.360167        GBP
10p Ordinary	CFD	Short	7609	3.363203        GBP
10p Ordinary	CFD	Short	6131	3.373433        GBP
10p Ordinary	CFD	Short	9309	3.36299853        GBP
10p Ordinary	CFD	Short	634544	3.38204717        GBP
10p Ordinary	CFD	Short	500000	3.4072        GBP
10p Ordinary	CFD	Short	1000000	3.3543        GBP
10p Ordinary	CFD	Short	35932	3.362671        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:	14 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