Form 8.5 (EPT/RI)-Mondi plc Amend

JPMorgan Securities Plc

05 April 2024

 

AMENDMENT

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:	J.P. Morgan Securities Plc
(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:	Corporate broker to Smith (DS) plc
(d) Date dealing undertaken:	2 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, 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	Purchase Sale	29  1,279,284  29  854,990	327.6924 ZAR 14.0800 GBP 327.6924 ZAR 14.0850 GBP	327.6924 ZAR 13.6850 GBP 327.6924 ZAR 13.6850 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
EUR 0.22 ordinary	Equity Swap	Decrease Long Decrease Short Increase Long Increase Short Opening a long position Opening a short position	814  1,288  110,000  330,000  194  2  314  883  915  7,815  330  185  1,112  183  61  6,519  4,120  15  782  1  93  1,206  576  712  512  2,308  61  853  2,076  1,726  5,832  2,849  814  15,206  5,902  114  169  300  5,103  24  20,472  13,035  1,898  15  1,557  1,581  2,325  4,677  13,391  1  93  76  399  399  399  29  198  172	13.7250 GBP 13.7267 GBP 13.7921 GBP 13.7983 GBP 324.5800 ZAR 325.2500 ZAR 325.6200 ZAR 326.7519 ZAR 326.8989 ZAR 326.9644 ZAR 13.7248 GBP 13.7541 GBP 13.7542 GBP 13.7562 GBP 13.7740 GBP 13.7795 GBP 13.8095 GBP 13.8170 GBP 13.8371 GBP 13.9000 GBP 324.1300 ZAR 324.8200 ZAR 325.7166 ZAR 325.9164 ZAR 326.2512 ZAR 326.4658 ZAR 326.5000 ZAR 326.6464 ZAR 327.5723 ZAR 328.8517 ZAR 13.7185 GBP 13.7247 GBP 13.7250 GBP 13.7979 GBP 13.8268 GBP 14.0750 GBP 327.2281 ZAR 13.6983 GBP 13.7581 GBP 13.7611 GBP 13.7897 GBP 13.8007 GBP 13.8114 GBP 13.8213 GBP 13.8246 GBP 13.8595 GBP 13.8636 GBP 13.8688 GBP 13.9188 GBP 13.9300 GBP 327.2600 ZAR 327.3200 ZAR 325.7388 ZAR 328.0015 ZAR 325.7388 ZAR 327.9867 ZAR 328.0025 ZAR 328.0029 ZAR

(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:	5 April 2024
Contact name:	Natasha Mondon
Telephone number:	01202 325175

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 

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