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

UBS AG (EPT)

19 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:	18 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	7322816	4.00000            GBP	3.94599        GBP
10p Ordinary	Sell	2226252	3.99602        GBP	3.94599        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	110122	3.996        GBP
10p Ordinary	CFD	Long	3473	3.99540167002591        GBP
10p Ordinary	CFD	Long	2251	3.97606042        GBP
10p Ordinary	CFD	Long	12000	3.97182833333333        GBP
10p Ordinary	CFD	Long	89058	3.97048810887287        GBP
10p Ordinary	CFD	Long	9342	3.97833119246414        GBP
10p Ordinary	CFD	Long	12222	3.983744        GBP
10p Ordinary	CFD	Long	14764	3.9828671091845        GBP
10p Ordinary	CFD	Long	1084	3.98153136531365        GBP
10p Ordinary	CFD	Long	48488	3.990049        GBP
10p Ordinary	CFD	Long	3037	3.963971        GBP
10p Ordinary	CFD	Long	1000000	3.962827        GBP
10p Ordinary	CFD	Long	14211	3.99562692        GBP
10p Ordinary	CFD	Long	3575	3.984856        GBP
10p Ordinary	CFD	Long	643	3.974        GBP
10p Ordinary	CFD	Long	14892	3.976232        GBP
10p Ordinary	CFD	Long	56851	3.9959466        GBP
10p Ordinary	CFD	Long	15638	3.99540094641258        GBP
10p Ordinary	CFD	Long	33968	3.977499        GBP
10p Ordinary	CFD	Long	3626	3.9954026475455        GBP
10p Ordinary	CFD	Long	32373	3.97424944        GBP
10p Ordinary	CFD	Short	500000	4.94048239        USD
10p Ordinary	CFD	Short	222195	3.996        GBP
10p Ordinary	CFD	Short	650000	4.928557        USD
10p Ordinary	CFD	Short	4196254	4.967095        USD
10p Ordinary	CFD	Short	20973	3.968315        GBP
10p Ordinary	CFD	Short	27900	3.95781218637993        GBP
10p Ordinary	CFD	Short	5051	3.96153632943971        GBP
10p Ordinary	CFD	Short	12510	3.966        GBP
10p Ordinary	CFD	Short	266	3.981992        GBP
10p Ordinary	CFD	Short	125000	3.985528        GBP
10p Ordinary	CFD	Short	10181	3.972        GBP
10p Ordinary	CFD	Short	7224	3.979383        GBP
10p Ordinary	CFD	Short	27903	3.95        GBP
10p Ordinary	CFD	Short	7745	3.97        GBP
10p Ordinary	CFD	Short	19228	3.98        GBP
10p Ordinary	CFD	Short	6960	3.988        GBP
10p Ordinary	CFD	Short	10739	3.96        GBP
10p Ordinary	CFD	Short	4642	3.984        GBP
10p Ordinary	CFD	Short	27638	3.974        GBP
10p Ordinary	CFD	Short	14052	3.964        GBP
10p Ordinary	CFD	Short	14274	3.976        GBP
10p Ordinary	CFD	Short	5794	3.989854        GBP
10p Ordinary	CFD	Short	8462	3.978        GBP
10p Ordinary	CFD	Short	6720	3.986        GBP
10p Ordinary	CFD	Short	5794	3.989047        GBP
10p Ordinary	CFD	Short	6160	3.99        GBP
10p Ordinary	CFD	Short	491417	3.969661        GBP
10p Ordinary	CFD	Short	1480	3.950865        GBP
10p Ordinary	CFD	Short	31014	3.956        GBP
10p Ordinary	CFD	Short	2698	3.948        GBP
10p Ordinary	CFD	Short	8408	3.958        GBP
10p Ordinary	CFD	Short	4861	3.968        GBP
10p Ordinary	CFD	Short	1962	3.952        GBP
10p Ordinary	CFD	Short	4349	3.961988        GBP
10p Ordinary	CFD	Short	6480	3.976667        GBP
10p Ordinary	CFD	Short	5507	3.96406        GBP
10p Ordinary	CFD	Short	654	3.98019654        GBP
10p Ordinary	CFD	Short	246	4.0        GBP
10p Ordinary	CFD	Short	1352	3.97769400059911        GBP
10p Ordinary	CFD	Short	1462	3.9784747        GBP
10p Ordinary	CFD	Short	2098	3.96671258        GBP
10p Ordinary	CFD	Short	3526	3.97767329        GBP
10p Ordinary	CFD	Short	8181	3.9714531        GBP
10p Ordinary	CFD	Short	6017	3.982        GBP
10p Ordinary	CFD	Short	5025	3.99305333        GBP
10p Ordinary	CFD	Short	44147	3.979141        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:	19 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