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

UBS AG (EPT)

03 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:	02 April 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	8207530	3.99843        GBP	3.93000        GBP
10p Ordinary	Sell	5942144	3.99800        GBP	3.92800        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	262	3.96051908        GBP
10p Ordinary	CFD	Long	2027	3.994        GBP
10p Ordinary	CFD	Long	1670	3.998        GBP
10p Ordinary	CFD	Long	24114	3.964366        GBP
10p Ordinary	CFD	Long	437	3.962638        GBP
10p Ordinary	CFD	Long	689	3.962917        GBP
10p Ordinary	CFD	Long	321185	3.980529        GBP
10p Ordinary	CFD	Long	2963	3.974905        GBP
10p Ordinary	CFD	Long	43481	3.96430831857593        GBP
10p Ordinary	CFD	Long	8262	3.97096502        GBP
10p Ordinary	CFD	Long	1249	3.96209448        GBP
10p Ordinary	CFD	Long	98925	3.967891        GBP
10p Ordinary	CFD	Long	1004	3.9721325        GBP
10p Ordinary	CFD	Long	35911	3.957802        GBP
10p Ordinary	CFD	Long	187218	3.96536305        GBP
10p Ordinary	CFD	Long	6190	3.966162        GBP
10p Ordinary	CFD	Long	475591	3.958        GBP
10p Ordinary	CFD	Long	433142	3.967        GBP
10p Ordinary	CFD	Long	3604	3.98        GBP
10p Ordinary	CFD	Long	17953	3.98560964741269        GBP
10p Ordinary	CFD	Long	1157	3.949        GBP
10p Ordinary	CFD	Long	134300	3.9676242740134        GBP
10p Ordinary	CFD	Long	3800	3.95972368421053        GBP
10p Ordinary	CFD	Long	367345	3.972558        GBP
10p Ordinary	CFD	Long	6180	3.981        GBP
10p Ordinary	CFD	Long	1060	3.97202830188679        GBP
10p Ordinary	CFD	Long	2900	3.97875862        GBP
10p Ordinary	CFD	Long	20991	3.95965214        GBP
10p Ordinary	CFD	Long	3668	3.964        GBP
10p Ordinary	CFD	Long	1602	3.982        GBP
10p Ordinary	CFD	Long	1100	3.948        GBP
10p Ordinary	CFD	Long	137	3.968        GBP
10p Ordinary	CFD	Long	1000	3.94        GBP
10p Ordinary	CFD	Long	2173	3.942959        GBP
10p Ordinary	CFD	Long	2179	3.94958        GBP
10p Ordinary	CFD	Long	10640	3.991148        GBP
10p Ordinary	CFD	Long	29528	3.96        GBP
10p Ordinary	CFD	Long	8272	3.956        GBP
10p Ordinary	CFD	Long	24583	3.95        GBP
10p Ordinary	CFD	Long	36448	3.99        GBP
10p Ordinary	CFD	Long	4223	3.996666        GBP
10p Ordinary	CFD	Long	835	3.993        GBP
10p Ordinary	CFD	Long	757	3.997        GBP
10p Ordinary	CFD	Short	7510	3.9529        GBP
10p Ordinary	CFD	Short	37544	3.964196        GBP
10p Ordinary	CFD	Short	500000	3.963168        GBP
10p Ordinary	CFD	Short	500000	3.957331        GBP
10p Ordinary	CFD	Short	6960	3.93        GBP
10p Ordinary	CFD	Short	139565	3.958        GBP
10p Ordinary	CFD	Short	690	3.95872464        GBP
10p Ordinary	CFD	Short	8237	3.973072        GBP
10p Ordinary	CFD	Short	8890	3.972223        GBP
10p Ordinary	CFD	Short	205	3.958195        GBP
10p Ordinary	CFD	Short	31840	3.998483        GBP
10p Ordinary	CFD	Short	16507	3.981276        GBP
10p Ordinary	CFD	Short	7142	3.97991001        GBP
10p Ordinary	CFD	Short	1771	3.98907962        GBP
10p Ordinary	CFD	Short	23285	3.970008        GBP
10p Ordinary	CFD	Short	433142	3.967        GBP
10p Ordinary	CFD	Short	750000	3.9710145        GBP
10p Ordinary	CFD	Short	500000	3.9701        GBP
10p Ordinary	CFD	Short	300000	3.9767        GBP
10p Ordinary	CFD	Short	200000	3.972014        GBP
10p Ordinary	CFD	Short	98416	3.942939        GBP
10p Ordinary	CFD	Short	16	3.9777813        GBP
10p Ordinary	CFD	Short	1007962	3.96330566        GBP
10p Ordinary	CFD	Short	7065	4.97762038        USD
10p Ordinary	CFD	Short	15673	3.97351879027627        GBP
10p Ordinary	CFD	Short	3938	3.94909929        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:	03 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