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

UBS AG (EPT)

09 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:	08 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	2661496	4.11000        GBP	4.05571        GBP
10p Ordinary	Sell	3982819	4.11000        GBP	4.05571        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	16895	4.08        GBP
10p Ordinary	CFD	Long	4102	4.093686        GBP
10p Ordinary	CFD	Long	325	4.09394883        GBP
10p Ordinary	CFD	Long	3532	4.0885224        GBP
10p Ordinary	CFD	Long	68777	4.085225        GBP
10p Ordinary	CFD	Long	8699	4.09817381        GBP
10p Ordinary	CFD	Long	3740	4.09028316        GBP
10p Ordinary	CFD	Long	9700	4.07878144329897        GBP
10p Ordinary	CFD	Long	11147	4.09353817170539        GBP
10p Ordinary	CFD	Long	617	4.10599675850891        GBP
10p Ordinary	CFD	Long	47242	4.094        GBP
10p Ordinary	CFD	Long	311	4.083158        GBP
10p Ordinary	CFD	Long	1312825	4.08223467        GBP
10p Ordinary	CFD	Long	100000	4.102282        GBP
10p Ordinary	CFD	Long	5000	4.1028        GBP
10p Ordinary	CFD	Long	5000	4.0988        GBP
10p Ordinary	CFD	Long	140000	4.0872        GBP
10p Ordinary	CFD	Long	133384	4.083029        GBP
10p Ordinary	CFD	Long	56863	4.084022        GBP
10p Ordinary	CFD	Short	3905	4.095        GBP
10p Ordinary	CFD	Short	38060	4.0968        GBP
10p Ordinary	CFD	Short	1353	4.09405117        GBP
10p Ordinary	CFD	Short	114743	4.087841        GBP
10p Ordinary	CFD	Short	1903	4.088271        GBP
10p Ordinary	CFD	Short	119068	4.094        GBP
10p Ordinary	CFD	Short	7	4.056        GBP
10p Ordinary	CFD	Short	49500	4.07887353535354        GBP
10p Ordinary	CFD	Short	642	4.0940031152648        GBP
10p Ordinary	CFD	Short	84657	4.092667        GBP
10p Ordinary	CFD	Short	1064	4.094201        GBP
10p Ordinary	CFD	Short	23527	4.095197        GBP
10p Ordinary	CFD	Short	8614	4.093079        GBP
10p Ordinary	CFD	Short	51155	4.08606881047796        GBP
10p Ordinary	CFD	Short	38396	4.09088439        GBP
10p Ordinary	CFD	Short	48851	4.08408        GBP
10p Ordinary	CFD	Short	4656	4.07633763        GBP
10p Ordinary	CFD	Short	6160	4.1001109        GBP
10p Ordinary	CFD	Short	16700	4.095072        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:	09 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