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

UBS AG (EPT)

02 April 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:	28 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	6774360	4.00717 GBP	3.54526        GBP
10p Ordinary	Sell	8690383	4.00299        GBP	3.85864        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	307	3.9581205        GBP
10p Ordinary	CFD	Long	30925	3.957595        GBP
10p Ordinary	CFD	Long	2081	3.99587362        GBP
10p Ordinary	CFD	Long	41273	3.918797        GBP
10p Ordinary	CFD	Long	801344	3.967        GBP
10p Ordinary	CFD	Long	13480	3.982484        GBP
10p Ordinary	CFD	Long	31813	3.966802        GBP
10p Ordinary	CFD	Long	7974	3.9825751        GBP
10p Ordinary	CFD	Long	73056	3.957636        GBP
10p Ordinary	CFD	Long	20634	3.969491        GBP
10p Ordinary	CFD	Long	5607	3.95728128        GBP
10p Ordinary	CFD	Long	12463	3.966885        GBP
10p Ordinary	CFD	Long	23256	3.9856024251806        GBP
10p Ordinary	CFD	Long	12160	3.987321        GBP
10p Ordinary	CFD	Long	10758	3.99189905186838        GBP
10p Ordinary	CFD	Long	1500	3.99966666666667        GBP
10p Ordinary	CFD	Long	2585	3.9701        GBP
10p Ordinary	CFD	Long	17170	3.96082359        GBP
10p Ordinary	CFD	Long	21040	3.97039724        GBP
10p Ordinary	CFD	Long	226528	3.97707899244244        GBP
10p Ordinary	CFD	Long	835	3.954        GBP
10p Ordinary	CFD	Long	3952	3.953        GBP
10p Ordinary	CFD	Long	1188	3.956        GBP
10p Ordinary	CFD	Long	3769	3.955        GBP
10p Ordinary	CFD	Long	1608	3.9535        GBP
10p Ordinary	CFD	Long	600	3.962        GBP
10p Ordinary	CFD	Long	3308	3.957        GBP
10p Ordinary	CFD	Long	5011	4.003        GBP
10p Ordinary	CFD	Long	2885	3.976        GBP
10p Ordinary	CFD	Long	6256	3.9555        GBP
10p Ordinary	CFD	Long	1304	3.9655        GBP
10p Ordinary	CFD	Long	1835	3.996        GBP
10p Ordinary	CFD	Long	1665	4.0015        GBP
10p Ordinary	CFD	Long	120219	3.970529        GBP
10p Ordinary	CFD	Long	1711	3.951        GBP
10p Ordinary	CFD	Long	7126	3.95        GBP
10p Ordinary	CFD	Long	108809	3.961        GBP
10p Ordinary	CFD	Long	2801382	3.85864185        GBP
10p Ordinary	CFD	Long	11178	3.9552        GBP
10p Ordinary	CFD	Long	1000000	3.93908   GBP
10p Ordinary	CFD	Short	1000000	3.93908   GBP
10p Ordinary	CFD	Short	200840	3.9869        GBP
10p Ordinary	CFD	Short	9798	3.971001        GBP
10p Ordinary	CFD	Short	11478	3.97295051        GBP
10p Ordinary	CFD	Short	46174	3.8608        GBP
10p Ordinary	CFD	Short	28860	3.94390714        GBP
10p Ordinary	CFD	Short	80804	3.8666691        GBP
10p Ordinary	CFD	Short	22952	3.9509175        GBP
10p Ordinary	CFD	Short	110633	3.971282        GBP
10p Ordinary	CFD	Short	16328	3.96166217540421        GBP
10p Ordinary	CFD	Short	4866	3.972        GBP
10p Ordinary	CFD	Short	920	3.9715        GBP
10p Ordinary	CFD	Short	4097	3.977        GBP
10p Ordinary	CFD	Short	61755	3.976482        GBP
10p Ordinary	CFD	Short	1944000	5.03675764        USD
10p Ordinary	CFD	Short	46882	3.966985        GBP
10p Ordinary	CFD	Short	14147	3.959772        GBP
10p Ordinary	CFD	Short	47624	5.01571612        USD
10p Ordinary	CFD	Short	512	3.94900390625        GBP
10p Ordinary	CFD	Short	462856	3.967        GBP
10p Ordinary	CFD	Short	25870	3.9676134        GBP
10p Ordinary	CFD	Short	9816	3.968693        GBP
10p Ordinary	CFD	Short	263	3.96241825        GBP
10p Ordinary	CFD	Short	9321	3.889484        GBP
10p Ordinary	CFD	Short	646	3.99117879        GBP
10p Ordinary	CFD	Short	39338	3.967198        GBP
10p Ordinary	CFD	Short	501	3.9604374        GBP
10p Ordinary	CFD	Short	37473	3.97341339        GBP
10p Ordinary	CFD	Short	3565	3.99024978        GBP
10p Ordinary	CFD	Short	2698	3.955059        GBP
10p Ordinary	CFD	Short	2349	3.976696        GBP
10p Ordinary	CFD	Short	24910	3.968043        GBP
10p Ordinary	CFD	Short	354	3.98016384        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:	02 April 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