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

UBS AG (EPT)

25 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:	22 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	8293141	3.50010        GBP	3.40688 GBP
10p Ordinary	Sell	5248997	3.50100        GBP	3.48700        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	27718	3.497        GBP
10p Ordinary	CFD	Long	31113	3.496518        GBP
10p Ordinary	CFD	Long	732	3.491516        GBP
10p Ordinary	CFD	Long	741	3.49033738        GBP
10p Ordinary	CFD	Long	1080	3.497218        GBP
10p Ordinary	CFD	Long	30419	3.48903938        GBP
10p Ordinary	CFD	Long	5124	3.4989727        GBP
10p Ordinary	CFD	Long	7223	3.497617        GBP
10p Ordinary	CFD	Long	29809	3.496825        GBP
10p Ordinary	CFD	Long	407	3.49683        GBP
10p Ordinary	CFD	Long	1141	3.49921121822962        GBP
10p Ordinary	CFD	Long	10000	3.4960118        GBP
10p Ordinary	CFD	Long	330	3.497328        GBP
10p Ordinary	CFD	Long	122	3.487        GBP
10p Ordinary	CFD	Long	5426	3.49685219314412        GBP
10p Ordinary	CFD	Long	1716	3.500758        GBP
10p Ordinary	CFD	Long	1460	3.492        GBP
10p Ordinary	CFD	Long	461	3.493        GBP
10p Ordinary	CFD	Long	2230	3.496        GBP
10p Ordinary	CFD	Long	2230	3.494        GBP
10p Ordinary	CFD	Long	3689	3.498        GBP
10p Ordinary	CFD	Long	119077	3.496463        GBP
10p Ordinary	CFD	Long	40600	3.49020270935961        GBP
10p Ordinary	CFD	Long	61	3.4958        GBP
10p Ordinary	CFD	Long	2175	3.49830299        GBP
10p Ordinary	CFD	Long	2253	3.49429228        GBP
10p Ordinary	CFD	Long	1209	3.49712294210091        GBP
10p Ordinary	CFD	Long	16888	3.494558        GBP
10p Ordinary	CFD	Long	3581	3.49371098        GBP
10p Ordinary	CFD	Long	1035	3.49635797        GBP
10p Ordinary	CFD	Long	28326	3.4970716        GBP
10p Ordinary	CFD	Long	25846	3.494485        GBP
10p Ordinary	CFD	Long	6803	3.4934613        GBP
10p Ordinary	CFD	Long	23414	3.498163        GBP
10p Ordinary	CFD	Short	500000	3.491545        GBP
10p Ordinary	CFD	Short	2495	3.486        GBP
10p Ordinary	CFD	Short	2000000	3.4971164        GBP
10p Ordinary	CFD	Short	6	3.496        GBP
10p Ordinary	CFD	Short	10773	3.49704371        GBP
10p Ordinary	CFD	Short	5035	3.49589076464747        GBP
10p Ordinary	CFD	Short	732	3.498411        GBP
10p Ordinary	CFD	Short	79849	3.497        GBP
10p Ordinary	CFD	Short	5780	3.49724204        GBP
10p Ordinary	CFD	Short	18236	3.495584        GBP
10p Ordinary	CFD	Short	5622	3.498416        GBP
10p Ordinary	CFD	Short	370370	3.4878434        GBP
10p Ordinary	CFD	Short	140	3.496679        GBP
10p Ordinary	CFD	Short	708	3.49712        GBP
10p Ordinary	CFD	Short	264	3.476174        GBP
10p Ordinary	CFD	Short	819	3.496203        GBP
10p Ordinary	CFD	Short	671	3.476051        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:	25 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