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

UBS AG (EPT)

08 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:	05 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	1739548	4.10812       GBP	4.06609        GBP
10p Ordinary	Sell	4599699	4.11993        GBP	4.07479        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	32074	4.07964145413731        GBP
10p Ordinary	CFD	Long	406	4.08600985221675        GBP
10p Ordinary	CFD	Long	10260	4.08099512670565        GBP
10p Ordinary	CFD	Long	56660	4.09836004235792        GBP
10p Ordinary	CFD	Long	1200	4.079575        GBP
10p Ordinary	CFD	Long	76244	4.089783        GBP
10p Ordinary	CFD	Long	302039	4.098684        GBP
10p Ordinary	CFD	Long	116890	4.0927        GBP
10p Ordinary	CFD	Long	564	4.0980798        GBP
10p Ordinary	CFD	Long	39993	4.09202166        GBP
10p Ordinary	CFD	Long	7362	4.099795        GBP
10p Ordinary	CFD	Long	2769	4.09294        GBP
10p Ordinary	CFD	Long	284	4.09994875        GBP
10p Ordinary	CFD	Long	3240	4.091525        GBP
10p Ordinary	CFD	Long	315463	4.1        GBP
10p Ordinary	CFD	Long	253764	4.09947056        GBP
10p Ordinary	CFD	Long	133411	4.09944        GBP
10p Ordinary	CFD	Long	152633	4.099924        GBP
10p Ordinary	CFD	Long	2656	4.093176        GBP
10p Ordinary	CFD	Long	1836	4.10236928104575        GBP
10p Ordinary	CFD	Long	9648	4.094949        GBP
10p Ordinary	CFD	Long	17756	4.11993917548998        GBP
10p Ordinary	CFD	Long	2543	4.100029        GBP
10p Ordinary	CFD	Long	4993	4.09539154816743        GBP
10p Ordinary	CFD	Long	2216	4.09621389891697        GBP
10p Ordinary	CFD	Long	885242	4.102        GBP
10p Ordinary	CFD	Short	92658	4.09925        GBP
10p Ordinary	CFD	Short	11924	4.06609024        GBP
10p Ordinary	CFD	Short	968910	4.09751173        GBP
10p Ordinary	CFD	Short	1152466	4.1        GBP
10p Ordinary	CFD	Short	23282	4.093856        GBP
10p Ordinary	CFD	Short	21001	4.097919        GBP
10p Ordinary	CFD	Short	1786	4.09377044        GBP
10p Ordinary	CFD	Short	6416	4.094817        GBP
10p Ordinary	CFD	Short	1	4.101        GBP
10p Ordinary	CFD	Short	3883	4.096353        GBP
10p Ordinary	CFD	Short	140902	4.09447087        GBP
10p Ordinary	CFD	Short	6190	4.09085        GBP
10p Ordinary	CFD	Short	19743	4.09481376        GBP
10p Ordinary	CFD	Short	4151	4.084913        GBP
10p Ordinary	CFD	Short	450	4.092        GBP
10p Ordinary	CFD	Short	8241	5.178669        USD
10p Ordinary	CFD	Short	7158	4.09283319362951        GBP
10p Ordinary	CFD	Short	1299	4.07452194        GBP
10p Ordinary	CFD	Short	10645	4.09814758        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:	08 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