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

UBS AG (EPT)

26 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:	25 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	6523372	3.51035        GBP	3.47506        GBP
10p Ordinary	Sell	5620004	3.51035        GBP	3.47506        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	654507	3.51        GBP
10p Ordinary	CFD	Long	25500	3.50736666666667        GBP
10p Ordinary	CFD	Long	6900	3.49657826086957        GBP
10p Ordinary	CFD	Long	2336	3.4909375        GBP
10p Ordinary	CFD	Long	7000	3.502144        GBP
10p Ordinary	CFD	Long	33772	3.487208        GBP
10p Ordinary	CFD	Long	25853	3.50422876        GBP
10p Ordinary	CFD	Long	159	3.509811        GBP
10p Ordinary	CFD	Long	7746	3.507064        GBP
10p Ordinary	CFD	Long	6118	3.5009881        GBP
10p Ordinary	CFD	Long	4292	3.49554500449907        GBP
10p Ordinary	CFD	Long	8414	3.48828974        GBP
10p Ordinary	CFD	Long	7469	3.483598        GBP
10p Ordinary	CFD	Long	2654	3.48555        GBP
10p Ordinary	CFD	Long	107	3.49803738317757        GBP
10p Ordinary	CFD	Long	50460	3.509555        GBP
10p Ordinary	CFD	Long	4347	3.48638        GBP
10p Ordinary	CFD	Long	583	3.503        GBP
10p Ordinary	CFD	Long	10469	3.49610277963511        GBP
10p Ordinary	CFD	Long	4223	3.49273265451101        GBP
10p Ordinary	CFD	Short	585195	3.51        GBP
10p Ordinary	CFD	Short	10539	3.49003036        GBP
10p Ordinary	CFD	Short	250921	3.509        GBP
10p Ordinary	CFD	Short	18640	3.50882487        GBP
10p Ordinary	CFD	Short	53	3.48315094        GBP
10p Ordinary	CFD	Short	2869	3.492234        GBP
10p Ordinary	CFD	Short	3594	3.48612215        GBP
10p Ordinary	CFD	Short	13525	3.51004388        GBP
10p Ordinary	CFD	Short	7555	3.495586        GBP
10p Ordinary	CFD	Short	14	3.49292857        GBP
10p Ordinary	CFD	Short	1195707	3.49593554        GBP
10p Ordinary	CFD	Short	1500	3.4755623314        GBP
10p Ordinary	CFD	Short	5677	3.504        GBP
10p Ordinary	CFD	Short	75647	3.5099972        GBP
10p Ordinary	CFD	Short	3566	3.499605        GBP
10p Ordinary	CFD	Short	343	3.490175        GBP
10p Ordinary	CFD	Short	12	3.479        GBP
10p Ordinary	CFD	Short	1	3.506        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:	26 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