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

UBS AG (EPT)

27 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:	26 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	11723433	3.60000 GBP	3.48200        GBP
10p Ordinary	Sell	10097923	3.60000 GBP	3.48200        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	524	3.53408874        GBP
10p Ordinary	CFD	Long	822	3.54369343        GBP
10p Ordinary	CFD	Long	771	3.5329423        GBP
10p Ordinary	CFD	Long	1521	3.596454        GBP
10p Ordinary	CFD	Long	28668	3.58905208        GBP
10p Ordinary	CFD	Long	56579	3.590409        GBP
10p Ordinary	CFD	Long	28646	3.5765663        GBP
10p Ordinary	CFD	Long	26882	3.490583        GBP
10p Ordinary	CFD	Long	10852	3.5641262        GBP
10p Ordinary	CFD	Long	7912	3.577934        GBP
10p Ordinary	CFD	Long	283927	3.598        GBP
10p Ordinary	CFD	Long	41118	3.58200593414077        GBP
10p Ordinary	CFD	Long	82104	3.570472        GBP
10p Ordinary	CFD	Long	14651	3.56834414033172        GBP
10p Ordinary	CFD	Long	6150	3.56790243902439        GBP
10p Ordinary	CFD	Long	5340	3.59737584        GBP
10p Ordinary	CFD	Long	46665	3.543895        GBP
10p Ordinary	CFD	Long	840	3.59440833        GBP
10p Ordinary	CFD	Long	41304	3.594047        GBP
10p Ordinary	CFD	Long	32883	3.59055198        GBP
10p Ordinary	CFD	Long	8000	3.5735120536        GBP
10p Ordinary	CFD	Long	123000	3.59641723577236        GBP
10p Ordinary	CFD	Long	3895	3.53450834403081        GBP
10p Ordinary	CFD	Long	12845	3.53246944336318        GBP
10p Ordinary	CFD	Long	65260	3.53147287771989        GBP
10p Ordinary	CFD	Short	740741	3.48907425        GBP
10p Ordinary	CFD	Short	8172	3.57802        GBP
10p Ordinary	CFD	Short	7	3.6        GBP
10p Ordinary	CFD	Short	78680	3.5979981        GBP
10p Ordinary	CFD	Short	35374	3.59818        GBP
10p Ordinary	CFD	Short	254	3.501181        GBP
10p Ordinary	CFD	Short	14718	3.57783496        GBP
10p Ordinary	CFD	Short	9293	3.49318605        GBP
10p Ordinary	CFD	Short	48	3.55817708        GBP
10p Ordinary	CFD	Short	25591	3.598        GBP
10p Ordinary	CFD	Short	150000	3.541156        GBP
10p Ordinary	CFD	Short	2000	3.5105568329        GBP
10p Ordinary	CFD	Short	918336	3.56920572        GBP
10p Ordinary	CFD	Short	5665	3.5776        GBP
10p Ordinary	CFD	Short	775	3.5970064516129        GBP
10p Ordinary	CFD	Short	4538	3.54334        GBP
10p Ordinary	CFD	Short	513000	3.5099552437        GBP
10p Ordinary	CFD	Short	57000	3.5036915263        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:	27 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