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

UBS AG (EPT)

04 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:	03 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	2440342	4.02606        GBP	3.95700        GBP
10p Ordinary	Sell	3223421	4.03000        GBP	3.95700        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	675000	3.969632        GBP
10p Ordinary	CFD	Long	3721	4.016        GBP
10p Ordinary	CFD	Long	11103	3.99933706042511        GBP
10p Ordinary	CFD	Long	38712	4.026        GBP
10p Ordinary	CFD	Long	113100	4.00433669319187        GBP
10p Ordinary	CFD	Long	5200	3.96972115384615        GBP
10p Ordinary	CFD	Long	11833	3.98549024        GBP
10p Ordinary	CFD	Long	13685	3.9881605        GBP
10p Ordinary	CFD	Long	21860	4.00908874        GBP
10p Ordinary	CFD	Long	144640	3.994821        GBP
10p Ordinary	CFD	Long	660	4.025803        GBP
10p Ordinary	CFD	Long	1394	3.9949542        GBP
10p Ordinary	CFD	Long	5956	3.995112        GBP
10p Ordinary	CFD	Long	4679	4.02594967        GBP
10p Ordinary	CFD	Long	511	3.987        GBP
10p Ordinary	CFD	Long	3647	4.01145        GBP
10p Ordinary	CFD	Long	7069	3.997542        GBP
10p Ordinary	CFD	Long	5249	3.979066        GBP
10p Ordinary	CFD	Long	60000	4.003196        GBP
10p Ordinary	CFD	Long	6089	4.0218525209394        GBP
10p Ordinary	CFD	Long	1689	4.004        GBP
10p Ordinary	CFD	Long	342853	4.006751        GBP
10p Ordinary	CFD	Long	2000	3.998        GBP
10p Ordinary	CFD	Long	6703	3.986        GBP
10p Ordinary	CFD	Long	1344	3.972        GBP
10p Ordinary	CFD	Long	2488	3.965        GBP
10p Ordinary	CFD	Long	2114	3.962        GBP
10p Ordinary	CFD	Long	2503	3.958        GBP
10p Ordinary	CFD	Long	2922	3.961        GBP
10p Ordinary	CFD	Long	1198	3.96        GBP
10p Ordinary	CFD	Long	2000	4.024        GBP
10p Ordinary	CFD	Long	269548	3.999335        GBP
10p Ordinary	CFD	Long	2781046	3.95        GBP
10p Ordinary	CFD	Long	680000	4.001504        GBP
10p Ordinary	CFD	Short	12517	3.99991851        GBP
10p Ordinary	CFD	Short	4990	4.011        GBP
10p Ordinary	CFD	Short	1002078	3.99132467        GBP
10p Ordinary	CFD	Short	14432	4.02240336341463        GBP
10p Ordinary	CFD	Short	2781046	3.95        GBP
10p Ordinary	CFD	Short	10636	4.003263        GBP
10p Ordinary	CFD	Short	27489	4.026        GBP
10p Ordinary	CFD	Short	10852	4.000064        GBP
10p Ordinary	CFD	Short	1259	4.004        GBP
10p Ordinary	CFD	Short	3191	4.0097732        GBP
10p Ordinary	CFD	Short	1680	3.97257738        GBP
10p Ordinary	CFD	Short	1645	3.97204965        GBP
10p Ordinary	CFD	Short	46731	3.968904        GBP
10p Ordinary	CFD	Short	17613	3.982447        GBP
10p Ordinary	CFD	Short	23418	3.996984        GBP
10p Ordinary	CFD	Short	10933	4.0255054        GBP
10p Ordinary	CFD	Short	91452	3.99991876        GBP
10p Ordinary	CFD	Short	46031	3.99991875        GBP
10p Ordinary	CFD	Short	41114	4.025085        GBP
10p Ordinary	CFD	Short	33855	4.009205        GBP
10p Ordinary	CFD	Short	6180	3.98844174757282        GBP
10p Ordinary	CFD	Short	11979	4.006585        GBP
10p Ordinary	CFD	Short	3802	4.002        GBP
10p Ordinary	CFD	Short	84066	4.000957        GBP
10p Ordinary	CFD	Short	2860	3.998        GBP
10p Ordinary	CFD	Short	1600	4.01        GBP
10p Ordinary	CFD	Short	910	4.008        GBP
10p Ordinary	CFD	Short	50000	3.975        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:	04 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