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

UBS AG (EPT)

18 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:	17 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	6868209	4.00600        GBP	3.92000        GBP
10p Ordinary	Sell	5272016	4.00600        GBP	3.92000        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	26689	3.986123        GBP
10p Ordinary	CFD	Long	11290	3.986225        GBP
10p Ordinary	CFD	Long	4427	3.97564265        GBP
10p Ordinary	CFD	Long	800	3.983675        GBP
10p Ordinary	CFD	Long	11967	3.98328219        GBP
10p Ordinary	CFD	Long	16837	3.975856        GBP
10p Ordinary	CFD	Long	9900	3.94972323232323        GBP
10p Ordinary	CFD	Long	284500	3.97773855887522        GBP
10p Ordinary	CFD	Long	2937	3.976204        GBP
10p Ordinary	CFD	Long	22000	3.98776364        GBP
10p Ordinary	CFD	Long	1120166	3.972        GBP
10p Ordinary	CFD	Long	4258	3.97475105683419        GBP
10p Ordinary	CFD	Long	1000000	3.973523        GBP
10p Ordinary	CFD	Long	11582	3.97403039        GBP
10p Ordinary	CFD	Long	23164	3.9875        GBP
10p Ordinary	CFD	Long	5705	3.97513234        GBP
10p Ordinary	CFD	Short	9600	3.99323583        GBP
10p Ordinary	CFD	Short	12304	3.9739641        GBP
10p Ordinary	CFD	Short	293	3.967829        GBP
10p Ordinary	CFD	Short	935759	3.972        GBP
10p Ordinary	CFD	Short	73911	3.974728        GBP
10p Ordinary	CFD	Short	3	3.983333        GBP
10p Ordinary	CFD	Short	27963	3.979        GBP
10p Ordinary	CFD	Short	80706	4.006        GBP
10p Ordinary	CFD	Short	5000	3.984        GBP
10p Ordinary	CFD	Short	9139	3.986        GBP
10p Ordinary	CFD	Short	3927	3.979062        GBP
10p Ordinary	CFD	Short	186934	3.98        GBP
10p Ordinary	CFD	Short	7725	3.998        GBP
10p Ordinary	CFD	Short	7967	3.978        GBP
10p Ordinary	CFD	Short	11558	3.996        GBP
10p Ordinary	CFD	Short	2784	3.977        GBP
10p Ordinary	CFD	Short	1861	4.004        GBP
10p Ordinary	CFD	Short	1220777	3.972834        GBP
10p Ordinary	CFD	Short	10945	3.949        GBP
10p Ordinary	CFD	Short	8070	3.961        GBP
10p Ordinary	CFD	Short	37729	3.95        GBP
10p Ordinary	CFD	Short	4500	3.931        GBP
10p Ordinary	CFD	Short	5393	3.934        GBP
10p Ordinary	CFD	Short	7469	3.948        GBP
10p Ordinary	CFD	Short	4500	3.935        GBP
10p Ordinary	CFD	Short	13950	3.947        GBP
10p Ordinary	CFD	Short	15574	3.952        GBP
10p Ordinary	CFD	Short	15186	3.954        GBP
10p Ordinary	CFD	Short	5393	3.924        GBP
10p Ordinary	CFD	Short	3941	3.925        GBP
10p Ordinary	CFD	Short	11826	3.951        GBP
10p Ordinary	CFD	Short	3941	3.928        GBP
10p Ordinary	CFD	Short	4500	3.929        GBP
10p Ordinary	CFD	Short	6150	3.951333        GBP
10p Ordinary	CFD	Short	9000	3.93        GBP
10p Ordinary	CFD	Short	9000	3.932        GBP
10p Ordinary	CFD	Short	3353	3.936        GBP
10p Ordinary	CFD	Short	5840	3.946        GBP
10p Ordinary	CFD	Short	1000	3.955        GBP
10p Ordinary	CFD	Short	14320	3.969        GBP
10p Ordinary	CFD	Short	40256	3.982        GBP
10p Ordinary	CFD	Short	5000	3.979124        GBP
10p Ordinary	CFD	Short	3524	3.953        GBP
10p Ordinary	CFD	Short	37051	4.0        GBP
10p Ordinary	CFD	Short	2671	3.968        GBP
10p Ordinary	CFD	Short	2675	3.981        GBP
10p Ordinary	CFD	Short	2000	3.975        GBP
10p Ordinary	CFD	Short	20275	3.96236914        GBP
10p Ordinary	CFD	Short	4770	3.94268763        GBP
10p Ordinary	CFD	Short	4157	3.98764        GBP
10p Ordinary	CFD	Short	22108	3.954616        GBP
10p Ordinary	CFD	Short	8599	3.96631957        GBP
10p Ordinary	CFD	Short	351	3.98622222        GBP
10p Ordinary	CFD	Short	49987	3.9718455        GBP
10p Ordinary	CFD	Short	7813	3.972483        GBP
10p Ordinary	CFD	Short	22000	3.94094590909091        GBP
10p Ordinary	CFD	Short	20249	3.97529507630006        GBP
10p Ordinary	CFD	Short	8132	3.97631578947368        GBP
10p Ordinary	CFD	Short	36316	3.97540462        GBP
10p Ordinary	CFD	Short	13631	3.975541        GBP
10p Ordinary	CFD	Short	3247	3.97419864        GBP
10p Ordinary	CFD	Short	525000	3.984869819        GBP
10p Ordinary	CFD	Short	500000	3.9502899        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:	18 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