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

UBS AG (EPT)

05 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:	04 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	3372902	4.13799        GBP	3.96599        GBP
10p Ordinary	Sell	4051577	4.12200        GBP	4.00000        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	2181	4.0645854        GBP
10p Ordinary	CFD	Long	149344	4.11993899        GBP
10p Ordinary	CFD	Long	71074	4.02530448        GBP
10p Ordinary	CFD	Long	27258	4.021978        GBP
10p Ordinary	CFD	Long	1407	4.00921        GBP
10p Ordinary	CFD	Long	50000	4.083628        GBP
10p Ordinary	CFD	Long	450000	4.098386        GBP
10p Ordinary	CFD	Long	304	4.087184        GBP
10p Ordinary	CFD	Long	257	4.090412        GBP
10p Ordinary	CFD	Long	4013	4.068266        GBP
10p Ordinary	CFD	Long	850	4.11647058823529        GBP
10p Ordinary	CFD	Long	65000	4.105124        GBP
10p Ordinary	CFD	Long	10727	4.10717908082409        GBP
10p Ordinary	CFD	Long	6283	4.10941588413178        GBP
10p Ordinary	CFD	Long	58900	4.07517487        GBP
10p Ordinary	CFD	Long	9983	4.108925        GBP
10p Ordinary	CFD	Long	9202	4.11138633781787        GBP
10p Ordinary	CFD	Long	454189	4.08127028615841        GBP
10p Ordinary	CFD	Long	1631	4.016        GBP
10p Ordinary	CFD	Long	31197	4.1        GBP
10p Ordinary	CFD	Long	521687	4.084956        GBP
10p Ordinary	CFD	Long	25036	4.08        GBP
10p Ordinary	CFD	Long	1979	4.098        GBP
10p Ordinary	CFD	Long	874	4.106        GBP
10p Ordinary	CFD	Long	4475	4.067        GBP
10p Ordinary	CFD	Long	1786	4.072        GBP
10p Ordinary	CFD	Long	11440	4.06        GBP
10p Ordinary	CFD	Long	2893	4.068        GBP
10p Ordinary	CFD	Long	3334	4.108        GBP
10p Ordinary	CFD	Long	3322	4.104        GBP
10p Ordinary	CFD	Long	1000	4.085        GBP
10p Ordinary	CFD	Long	1206	4.064        GBP
10p Ordinary	CFD	Long	208177	4.099413        GBP
10p Ordinary	CFD	Long	120315	4.08031        GBP
10p Ordinary	CFD	Long	246	4.0705935        GBP
10p Ordinary	CFD	Long	9571	4.09966816        GBP
10p Ordinary	CFD	Long	21450	4.102252        GBP
10p Ordinary	CFD	Short	11428	4.108205        GBP
10p Ordinary	CFD	Short	363610	4.108        GBP
10p Ordinary	CFD	Short	7889	4.11664596273292        GBP
10p Ordinary	CFD	Short	109688	4.057531        GBP
10p Ordinary	CFD	Short	1246	4.038        GBP
10p Ordinary	CFD	Short	371	4.056        GBP
10p Ordinary	CFD	Short	2500	4.023        GBP
10p Ordinary	CFD	Short	2500	4.024        GBP
10p Ordinary	CFD	Short	76718	3.99599702807685        GBP
10p Ordinary	CFD	Short	152420	3.96599127411101        GBP
10p Ordinary	CFD	Short	152420	3.99599698202336        GBP
10p Ordinary	CFD	Short	18532	4.0839        GBP
10p Ordinary	CFD	Short	5792	4.09012569        GBP
10p Ordinary	CFD	Short	63724	4.1065        GBP
10p Ordinary	CFD	Short	332	4.04618675        GBP
10p Ordinary	CFD	Short	15119	4.090119        GBP
10p Ordinary	CFD	Short	3415	4.08825944        GBP
10p Ordinary	CFD	Short	148605	4.1077326        GBP
10p Ordinary	CFD	Short	3537	4.061515        GBP
10p Ordinary	CFD	Short	197002	4.101222        GBP
10p Ordinary	CFD	Short	27965	4.103119        GBP
10p Ordinary	CFD	Short	6125	4.06594448979592        GBP
10p Ordinary	CFD	Short	20862	3.96599127600422        GBP
10p Ordinary	CFD	Short	20862	3.99599702808935        GBP
10p Ordinary	CFD	Short	58900	4.07499331        GBP
10p Ordinary	CFD	Short	76718	3.96599129278657        GBP
10p Ordinary	CFD	Short	1284	4.1080817        GBP
10p Ordinary	CFD	Short	96815	4.10491966        GBP
10p Ordinary	CFD	Short	23903	4.05719664        GBP
10p Ordinary	CFD	Short	17165	4.10805135        GBP
10p Ordinary	CFD	Short	15218	4.093536        GBP
10p Ordinary	CFD	Short	16538	4.097233        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:	05 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