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

UBS AG (EPT)

16 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:	15 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	2976461	4.13916        GBP	4.09591        GBP
10p Ordinary	Sell	9447506	4.14000        GBP	4.09518        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	975327	4.09713        GBP
10p Ordinary	CFD	Long	972000	5.1532075        USD
10p Ordinary	CFD	Long	4512939	4.13        GBP
10p Ordinary	CFD	Long	43399	4.096        GBP
10p Ordinary	CFD	Long	138001	4.100586        GBP
10p Ordinary	CFD	Long	135785	4.1211132        GBP
10p Ordinary	CFD	Long	9078	4.0987345        GBP
10p Ordinary	CFD	Long	6489	4.121344        GBP
10p Ordinary	CFD	Long	20037	4.110416        GBP
10p Ordinary	CFD	Long	1059	4.10739377        GBP
10p Ordinary	CFD	Long	3816	4.11836058        GBP
10p Ordinary	CFD	Long	23243	4.112486        GBP
10p Ordinary	CFD	Long	4655	4.12970998925886        GBP
10p Ordinary	CFD	Long	5730	4.13234205933682        GBP
10p Ordinary	CFD	Long	1015	4.132        GBP
10p Ordinary	CFD	Long	14397	4.12966104049455        GBP
10p Ordinary	CFD	Long	247245	4.09795        GBP
10p Ordinary	CFD	Long	21573	4.13124692903166        GBP
10p Ordinary	CFD	Long	2430	4.13059259259259        GBP
10p Ordinary	CFD	Long	560	4.102        GBP
10p Ordinary	CFD	Long	725	4.10861517        GBP
10p Ordinary	CFD	Long	12828	4.09518085438104        GBP
10p Ordinary	CFD	Short	200000	4.105839        GBP
10p Ordinary	CFD	Short	716	4.13        GBP
10p Ordinary	CFD	Short	97722	4.1063        GBP
10p Ordinary	CFD	Short	161241	4.096        GBP
10p Ordinary	CFD	Short	17060	4.11383617        GBP
10p Ordinary	CFD	Short	4666	4.09976854        GBP
10p Ordinary	CFD	Short	5415	4.1030401        GBP
10p Ordinary	CFD	Short	55831	4.106317        GBP
10p Ordinary	CFD	Short	24213	4.096205        GBP
10p Ordinary	CFD	Short	7	4.125        GBP
10p Ordinary	CFD	Short	20734	4.103353        GBP
10p Ordinary	CFD	Short	4531	4.1        GBP
10p Ordinary	CFD	Short	4827	4.12481725        GBP
10p Ordinary	CFD	Short	1000	4.13408        GBP
10p Ordinary	CFD	Short	20459	4.126267        GBP
10p Ordinary	CFD	Short	644	4.12147671        GBP
10p Ordinary	CFD	Short	24728	4.0963899        GBP
10p Ordinary	CFD	Short	2127	4.125719        GBP
10p Ordinary	CFD	Short	779	4.12008215        GBP
10p Ordinary	CFD	Short	39464	4.11823307318062        GBP
10p Ordinary	CFD	Short	124	4.10064516129032        GBP
10p Ordinary	CFD	Short	22935	4.125328        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:	16 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