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

UBS AG (EPT)

22 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:	21 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	8117748	3.51000        GBP	3.43145        GBP
10p Ordinary	Sell	4546611	3.51000        GBP	3.47100        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	1110	3.492        GBP
10p Ordinary	CFD	Long	2872	3.493        GBP
10p Ordinary	CFD	Long	3689	3.49        GBP
10p Ordinary	CFD	Long	874	3.474        GBP
10p Ordinary	CFD	Long	4051	3.473        GBP
10p Ordinary	CFD	Long	6001	3.472        GBP
10p Ordinary	CFD	Long	1628	3.498        GBP
10p Ordinary	CFD	Long	3006	3.499        GBP
10p Ordinary	CFD	Long	1070	3.486        GBP
10p Ordinary	CFD	Long	2290	3.485        GBP
10p Ordinary	CFD	Long	547	3.48687203        GBP
10p Ordinary	CFD	Long	1693	3.4914259        GBP
10p Ordinary	CFD	Long	42145	3.497117        GBP
10p Ordinary	CFD	Long	409	3.49426039        GBP
10p Ordinary	CFD	Long	200	3.48885        GBP
10p Ordinary	CFD	Long	286	3.4960385        GBP
10p Ordinary	CFD	Long	79654	3.492571        GBP
10p Ordinary	CFD	Long	13685	3.490583        GBP
10p Ordinary	CFD	Long	17752	3.4907936        GBP
10p Ordinary	CFD	Long	9995	3.48247324        GBP
10p Ordinary	CFD	Long	368	3.497364        GBP
10p Ordinary	CFD	Long	1550	3.498677        GBP
10p Ordinary	CFD	Long	2823	3.480503        GBP
10p Ordinary	CFD	Long	60016	3.489        GBP
10p Ordinary	CFD	Long	2800	3.471        GBP
10p Ordinary	CFD	Long	1405	3.487        GBP
10p Ordinary	CFD	Long	34147	3.484178        GBP
10p Ordinary	CFD	Long	4050	3.48031358024691        GBP
10p Ordinary	CFD	Long	4682	3.48701409653994        GBP
10p Ordinary	CFD	Long	38668	3.48676993896762        GBP
10p Ordinary	CFD	Long	2897	3.49540904383845        GBP
10p Ordinary	CFD	Long	4000	3.499049715        GBP
10p Ordinary	CFD	Long	4977	3.499215        GBP
10p Ordinary	CFD	Short	290000	3.498937        GBP
10p Ordinary	CFD	Short	370376	3.43145541        GBP
10p Ordinary	CFD	Short	1750000	3.499143        GBP
10p Ordinary	CFD	Short	124226	3.49649848        GBP
10p Ordinary	CFD	Short	108415	3.4965        GBP
10p Ordinary	CFD	Short	128115	3.489        GBP
10p Ordinary	CFD	Short	760	3.47754079        GBP
10p Ordinary	CFD	Short	374	3.496618        GBP
10p Ordinary	CFD	Short	44	3.468        GBP
10p Ordinary	CFD	Short	42182	3.493129        GBP
10p Ordinary	CFD	Short	261	3.488138        GBP
10p Ordinary	CFD	Short	2657	3.485551        GBP
10p Ordinary	CFD	Short	116	3.47504344        GBP
10p Ordinary	CFD	Short	100000	3.48866342        GBP
10p Ordinary	CFD	Short	556	3.49123        GBP
10p Ordinary	CFD	Short	582	3.494102        GBP
10p Ordinary	CFD	Short	253	3.500758        GBP
10p Ordinary	CFD	Short	4099	3.48716516223469        GBP
10p Ordinary	CFD	Short	68895	3.49737412        GBP
10p Ordinary	CFD	Short	63	3.4932        GBP
10p Ordinary	CFD	Short	2978	3.499        GBP
10p Ordinary	CFD	Short	6328	3.49809        GBP
10p Ordinary	CFD	Short	500000	3.49329        GBP
10p Ordinary	CFD	Short	500000	3.443596        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:	22 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