Form 8.5 (EPT/RI)

Citigroup Global Markets Limited
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:

Citigroup Global Markets Limited

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

 Use a separate form for each offeror/offeree

Mondi plc

(c) Name of the party to the offer with which exempt principal trader is connected:

Mondi plc

(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"

Smith (DS) plc & International Paper Company

 

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

EUR 0.22 ordinary

Sale

69,088

GBP 14.1725

GBP 14.0350

EUR 0.22 ordinary

Sale

15,322

ZAR 335.7650

ZAR 331.3450

EUR 0.22 ordinary

Purchase

56,201

ZAR 335.7650

ZAR 331.3450

EUR 0.22 ordinary

Purchase

40,962

GBP 14.1900

GBP 14.0350

 

(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

EUR 0.22 ordinary

TRS

Increasing Short Position

10

GBP 14.0890

EUR 0.22 ordinary

TRS

Increasing Short Position

548

GBP 14.1052

EUR 0.22 ordinary

TRS

Increasing Short Position

6,899

GBP 14.1391

EUR 0.22 ordinary

TRS

Increasing Short Position

1,617

GBP 14.1502

EUR 0.22 ordinary

TRS

Increasing Short Position

155

GBP 14.1659

EUR 0.22 ordinary

TRS

Reducing Short Position

6,521

GBP 14.0405

EUR 0.22 ordinary

TRS

Reducing Short Position

143

GBP 14.0917

EUR 0.22 ordinary

TRS

Reducing Short Position

566

GBP 14.1001

EUR 0.22 ordinary

TRS

Reducing Long Position

251

GBP 14.0350

EUR 0.22 ordinary

TRS

Reducing Long Position

42

GBP 14.0850

EUR 0.22 ordinary

TRS

Reducing Long Position

42

GBP 14.1000

EUR 0.22 ordinary

TRS

Reducing Long Position

42

GBP 14.1050

EUR 0.22 ordinary

TRS

Reducing Long Position

46

GBP 14.1500

EUR 0.22 ordinary

TRS

Reducing Long Position

57

GBP 14.1750

EUR 0.22 ordinary

TRS

Reducing Short Position

301

GBP 14.1064

EUR 0.22 ordinary

TRS

Reducing Short Position

44

GBP 14.1548

EUR 0.22 ordinary

TRS

Opening Long Position

539

GBP 14.0350

 

(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:

Cathal McKenna

Telephone number:

02890 409 544

 

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 monitoring@disclosure.org.uk. The Panels Market Surveillance Unit is available for consultation in relation to the Codes dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.

 

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END
 
 

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