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

UBS AG (EPT)

20 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:	19 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	3430699	3.42798        GBP	3.35000        GBP
10p Ordinary	Sell	634999	3.42653        GBP	3.35000        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	117697	3.42        GBP
10p Ordinary	CFD	Long	15042	3.41231152772238        GBP
10p Ordinary	CFD	Long	1749	3.42081761006289        GBP
10p Ordinary	CFD	Long	11504	3.413934        GBP
10p Ordinary	CFD	Long	8	3.4005        GBP
10p Ordinary	CFD	Long	450	3.419822        GBP
10p Ordinary	CFD	Long	16816	3.390648        GBP
10p Ordinary	CFD	Long	2149	3.4169423        GBP
10p Ordinary	CFD	Long	73487	3.4198937        GBP
10p Ordinary	CFD	Long	84900	3.39183050647821        GBP
10p Ordinary	CFD	Long	11863	3.41862092        GBP
10p Ordinary	CFD	Long	49523	3.40242163        GBP
10p Ordinary	CFD	Long	1911	3.399451        GBP
10p Ordinary	CFD	Long	379	3.421338        GBP
10p Ordinary	CFD	Long	557	3.40758259        GBP
10p Ordinary	CFD	Long	1644	3.4005736        GBP
10p Ordinary	CFD	Long	3542	3.36035        GBP
10p Ordinary	CFD	Long	23188	3.40927086        GBP
10p Ordinary	CFD	Long	1747	3.4170301        GBP
10p Ordinary	CFD	Short	200000	3.4017        GBP
10p Ordinary	CFD	Short	247636	3.359679        GBP
10p Ordinary	CFD	Short	72345	3.38519925        GBP
10p Ordinary	CFD	Short	600000	3.362688        GBP
10p Ordinary	CFD	Short	500000	3.35928528        GBP
10p Ordinary	CFD	Short	400000	3.401844        GBP
10p Ordinary	CFD	Short	6	3.37475        GBP
10p Ordinary	CFD	Short	1	3.3565        GBP
10p Ordinary	CFD	Short	3143	3.36482374        GBP
10p Ordinary	CFD	Short	27733	3.379374        GBP
10p Ordinary	CFD	Short	360	3.365167        GBP
10p Ordinary	CFD	Short	31415	3.420171        GBP
10p Ordinary	CFD	Short	2748	3.376321        GBP
10p Ordinary	CFD	Short	8478	4.3501374        USD
10p Ordinary	CFD	Short	595000	3.378        GBP
10p Ordinary	CFD	Short	15736	3.42025499        GBP
10p Ordinary	CFD	Short	1462	3.35226402188782        GBP
10p Ordinary	CFD	Short	5666	3.39246        GBP
10p Ordinary	CFD	Short	562	3.365        GBP
10p Ordinary	CFD	Short	24626	3.36765656        GBP
10p Ordinary	CFD	Short	1209	3.411897        GBP
10p Ordinary	CFD	Short	37004	3.41284        GBP
10p Ordinary	CFD	Short	9927	3.39584265135489        GBP
10p Ordinary	CFD	Short	35960	3.381774        GBP
10p Ordinary	CFD	Short	1470	3.361438        GBP
10p Ordinary	CFD	Short	817	3.372        GBP
10p Ordinary	CFD	Short	38000	3.375144        GBP
10p Ordinary	CFD	Short	35580	3.3699        GBP
10p Ordinary	CFD	Short	102517	3.42348457        GBP
10p Ordinary	CFD	Short	38000	3.3597778421        GBP
10p Ordinary	CFD	Short	7198	3.4095        GBP
10p Ordinary	CFD	Short	18634	3.4209        GBP
10p Ordinary	CFD	Short	29173	3.3535        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:	20 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