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

UBS AG (EPT)

15 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:	12 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	9419282	4.15000        GBP	4.08300        GBP
10p Ordinary	Sell	11147707	4.15000        GBP	4.11544        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	171946	4.14        GBP
10p Ordinary	CFD	Long	4526	4.118        GBP
10p Ordinary	CFD	Long	176398	4.121771        GBP
10p Ordinary	CFD	Long	16656	4.12491131        GBP
10p Ordinary	CFD	Long	551	4.126951        GBP
10p Ordinary	CFD	Long	638	4.1317116        GBP
10p Ordinary	CFD	Long	834862	4.122        GBP
10p Ordinary	CFD	Long	18565	4.133914        GBP
10p Ordinary	CFD	Long	15600	4.12883397435897        GBP
10p Ordinary	CFD	Long	113700	4.13149481090589        GBP
10p Ordinary	CFD	Long	163107	4.115441        GBP
10p Ordinary	CFD	Long	1870	4.12787165775401        GBP
10p Ordinary	CFD	Long	11711	4.12117581760738        GBP
10p Ordinary	CFD	Long	2000000	4.118115        GBP
10p Ordinary	CFD	Long	2779	4.12138179201151        GBP
10p Ordinary	CFD	Long	546	4.121795        GBP
10p Ordinary	CFD	Short	346359	4.122        GBP
10p Ordinary	CFD	Short	1000000	4.121618        GBP
10p Ordinary	CFD	Short	32776	4.12839675        GBP
10p Ordinary	CFD	Short	1830	4.13050274        GBP
10p Ordinary	CFD	Short	88514	4.126002        GBP
10p Ordinary	CFD	Short	36452	4.13185696258093        GBP
10p Ordinary	CFD	Short	9195	4.123293        GBP
10p Ordinary	CFD	Short	13328	4.1213243        GBP
10p Ordinary	CFD	Short	7484	4.1236674        GBP
10p Ordinary	CFD	Short	20000	4.14107        GBP
10p Ordinary	CFD	Short	27332	4.12405151        GBP
10p Ordinary	CFD	Short	51046	4.127755        GBP
10p Ordinary	CFD	Short	8229	4.12        GBP
10p Ordinary	CFD	Short	4580	4.11740299        GBP
10p Ordinary	CFD	Short	54	4.15        GBP
10p Ordinary	CFD	Short	11	4.12818200181818        GBP
10p Ordinary	CFD	Short	9505	4.13279926        GBP
10p Ordinary	CFD	Short	60196	4.1222934        GBP
10p Ordinary	CFD	Short	9544	4.133242        GBP
10p Ordinary	CFD	Short	15880	4.126905        GBP
10p Ordinary	CFD	Short	47711	4.12846345706441        GBP
10p Ordinary	CFD	Short	6212	4.140362        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:	15 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