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

UBS AG (EPT)

21 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:	20 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	2726281	3.44699        GBP	3.36320        GBP
10p Ordinary	Sell	1398662	3.45101        GBP	3.40688       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	9700	3.44091958762887        GBP
10p Ordinary	CFD	Long	960	3.442        GBP
10p Ordinary	CFD	Long	3015	3.436488        GBP
10p Ordinary	CFD	Long	87	3.44206896551724        GBP
10p Ordinary	CFD	Long	3604	3.426904        GBP
10p Ordinary	CFD	Long	2208	3.426114        GBP
10p Ordinary	CFD	Long	1157	3.42651685393258        GBP
10p Ordinary	CFD	Long	581	3.43        GBP
10p Ordinary	CFD	Long	18322	3.435        GBP
10p Ordinary	CFD	Long	2059	3.4223        GBP
10p Ordinary	CFD	Long	4472	3.4328794        GBP
10p Ordinary	CFD	Long	40943	3.435119        GBP
10p Ordinary	CFD	Long	24	3.43820833        GBP
10p Ordinary	CFD	Long	2676	3.42896282        GBP
10p Ordinary	CFD	Long	18542	3.434828        GBP
10p Ordinary	CFD	Long	378	3.434815        GBP
10p Ordinary	CFD	Long	91818	3.437716        GBP
10p Ordinary	CFD	Long	6777	3.4418534        GBP
10p Ordinary	CFD	Long	33004	3.434885        GBP
10p Ordinary	CFD	Long	2828	3.426676        GBP
10p Ordinary	CFD	Long	1955	3.42972695        GBP
10p Ordinary	CFD	Long	176	3.44255682        GBP
10p Ordinary	CFD	Short	8740	3.4334        GBP
10p Ordinary	CFD	Short	2173	3.43479811        GBP
10p Ordinary	CFD	Short	46515	3.4462        GBP
10p Ordinary	CFD	Short	140862	3.42070026        GBP
10p Ordinary	CFD	Short	200000	3.436297        GBP
10p Ordinary	CFD	Short	50000	3.437748        GBP
10p Ordinary	CFD	Short	26300	3.42246235741445        GBP
10p Ordinary	CFD	Short	100	3.443        GBP
10p Ordinary	CFD	Short	64783	3.4234535932        GBP
10p Ordinary	CFD	Short	50000	3.4236736        GBP
10p Ordinary	CFD	Short	1307	3.43797322        GBP
10p Ordinary	CFD	Short	220783	3.435        GBP
10p Ordinary	CFD	Short	1371	3.437344        GBP
10p Ordinary	CFD	Short	5772	3.3634        GBP
10p Ordinary	CFD	Short	57802	3.3834        GBP
10p Ordinary	CFD	Short	16169	4.37100129878162        USD
10p Ordinary	CFD	Short	165241	3.43654418        GBP
10p Ordinary	CFD	Short	994	3.436225        GBP
10p Ordinary	CFD	Short	1003	3.435823        GBP
10p Ordinary	CFD	Short	1913	3.44435964453738        GBP
10p Ordinary	CFD	Short	6606	3.431506        GBP
10p Ordinary	CFD	Short	15016	3.43952117741076        GBP
10p Ordinary	CFD	Short	7090	3.442178        GBP
10p Ordinary	CFD	Short	200000	3.432        GBP
10p Ordinary	CFD	Short	370370	3.36328183        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:	21 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