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

UBS AG (EPT)

15 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:	14 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	6247911	3.40400        GBP	3.34501        GBP
10p Ordinary	Sell	4903482	3.40300        GBP	3.34400        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	264615	3.38364612739263        GBP
10p Ordinary	CFD	Long	6985	3.3607659269864        GBP
10p Ordinary	CFD	Long	19217	3.389058        GBP
10p Ordinary	CFD	Long	4697	3.393        GBP
10p Ordinary	CFD	Long	402	3.365        GBP
10p Ordinary	CFD	Long	2790895	3.345        GBP
10p Ordinary	CFD	Long	47737	3.382346        GBP
10p Ordinary	CFD	Long	1914	3.396761        GBP
10p Ordinary	CFD	Long	3926	3.3734475        GBP
10p Ordinary	CFD	Long	2017	3.35422905        GBP
10p Ordinary	CFD	Long	3110	3.3695957        GBP
10p Ordinary	CFD	Long	2660	3.384947        GBP
10p Ordinary	CFD	Long	889	3.36095799        GBP
10p Ordinary	CFD	Long	2482	3.389734        GBP
10p Ordinary	CFD	Long	4086	3.361001        GBP
10p Ordinary	CFD	Long	116920	3.361        GBP
10p Ordinary	CFD	Long	5861	3.36817454        GBP
10p Ordinary	CFD	Long	18457	3.360304        GBP
10p Ordinary	CFD	Long	524	3.36099236641221        GBP
10p Ordinary	CFD	Long	5890	3.36657894736842        GBP
10p Ordinary	CFD	Long	6672	3.3604627        GBP
10p Ordinary	CFD	Long	4000	3.4006872061        GBP
10p Ordinary	CFD	Long	6166	3.37023954        GBP
10p Ordinary	CFD	Short	204555	3.3761        GBP
10p Ordinary	CFD	Short	58594	3.3611195        GBP
10p Ordinary	CFD	Short	7977	3.361909        GBP
10p Ordinary	CFD	Short	525	3.36824762        GBP
10p Ordinary	CFD	Short	15640	3.361168        GBP
10p Ordinary	CFD	Short	32395	3.36341574        GBP
10p Ordinary	CFD	Short	654	3.349        GBP
10p Ordinary	CFD	Short	13445	3.36743525        GBP
10p Ordinary	CFD	Short	2791198	3.345        GBP
10p Ordinary	CFD	Short	108622	3.364662        GBP
10p Ordinary	CFD	Short	177	3.352881        GBP
10p Ordinary	CFD	Short	141756	3.37985875        GBP
10p Ordinary	CFD	Short	18090	3.369306        GBP
10p Ordinary	CFD	Short	40579	3.35745459474112        GBP
10p Ordinary	CFD	Short	11539	3.379507        GBP
10p Ordinary	CFD	Short	6966	3.3722        GBP
10p Ordinary	CFD	Short	2640	3.35895833333333        GBP
10p Ordinary	CFD	Short	449	3.383        GBP
10p Ordinary	CFD	Short	1367	3.391        GBP
10p Ordinary	CFD	Short	32362	3.388574        GBP
10p Ordinary	CFD	Short	971	3.355        GBP
10p Ordinary	CFD	Short	141483	3.3613531656        GBP
10p Ordinary	CFD	Short	111950	3.3582895498        GBP
10p Ordinary	CFD	Short	1000000	3.3537        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:	15 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