Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 22nd March for dealings on 8th March has been updated. Sections 2(a) and 2(b) have been updated.
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: | (GS) GOLDMAN SACHS INTERNATIONAL |
| (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: | SMITH (DS) PLC |
| (d) Date dealing undertaken: | 08 March 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 the offer? If it is a cash offer or possible cash offer, state "N/A" | YES - disclosed previously for SMITH (DS) PLC |
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 | Purchases | 2,101,729 | 13.7450 GBP | 13.2450 GBP |
| EUR 0.22 ordinary | Sales | 2,862,495 | 13.7400 GBP | 13.3100 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 | CFD | Reducing a long position | 5,288 | 13.3677 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 7,667 | 13.3677 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 4,545 | 13.3677 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 40 | 13.4013 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 29 | 13.4013 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 9 | 13.4087 GBP |
| EUR 0.22 ordinary | CFD | Opening a short position | 2,648 | 13.4116 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 443 | 13.4544 GBP |
| EUR 0.22 ordinary | CFD | Opening a short position | 10 | 13.4544 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 9,484 | 13.4544 GBP |
| EUR 0.22 ordinary | CFD | Opening a short position | 59 | 13.4544 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 24,955 | 13.4544 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 3,745 | 13.4544 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 8,001 | 13.4544 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 5,392 | 13.4546 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 6,558 | 13.4556 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 5,831 | 13.4556 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 86 | 13.4563 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 25 | 13.4563 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 4 | 13.4563 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 460 | 13.4574 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 133 | 13.4574 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 44 | 13.4574 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 4,185 | 13.4600 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 40 | 13.4620 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 271 | 13.4620 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 1,419 | 13.4751 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 477 | 13.4754 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 120 | 13.4850 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 168 | 13.4850 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 178 | 13.4852 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 1,742 | 13.4853 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 3,055 | 13.4853 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 2,128 | 13.4853 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 6,020 | 13.4863 GBP |
| EUR 0.22 ordinary | CFD | Increasing a short position | 699 | 13.4863 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 2,258 | 13.4866 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 26 | 13.4881 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 339 | 13.4881 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 152 | 13.4881 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 169 | 13.4885 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 50,000 | 13.5057 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 75 | 13.5062 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 1,733 | 13.5062 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 73 | 13.5062 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 444 | 13.5062 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 2,648 | 13.5122 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 11,657 | 13.5124 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 78 | 13.5135 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 54 | 13.5135 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 3,254 | 13.5180 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 122 | 13.5219 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 68 | 13.5233 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 394 | 13.5258 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 2,031 | 13.5282 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 613 | 13.5293 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 94,283 | 13.5370 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 12,363 | 13.5422 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 2,561 | 13.5481 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 11,700 | 13.5481 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 56,690 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 446 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 58,858 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 57,340 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 11,539 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 49,734 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 7,402 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 5,601 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 57,340 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 7,680 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 103,353 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 3,753 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 11,644 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 45,565 | 13.5491 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 28,139 | 13.5521 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 6,081 | 13.5532 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 34,986 | 13.5532 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 6,823 | 13.5532 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 6,110 | 13.5532 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 38 | 13.5551 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 16 | 13.5609 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 241 | 13.5609 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 91 | 13.5609 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 11,200 | 13.5610 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 122,450 | 13.5621 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 21,387 | 13.5621 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 23,880 | 13.5621 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 21,283 | 13.5621 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 2 | 13.5730 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 43 | 13.5730 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 12 | 13.5730 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 45,607 | 13.5789 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 262,393 | 13.5789 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 51,172 | 13.5789 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 45,828 | 13.5789 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 30,405 | 13.5807 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 174,929 | 13.5807 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 34,114 | 13.5807 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 30,552 | 13.5807 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 42,630 | 13.5975 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 37,901 | 13.5975 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 50,288 | 13.5976 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 289,325 | 13.5976 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 56,424 | 13.5976 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 50,532 | 13.5976 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 6,240 | 13.6011 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 4,410 | 13.6087 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 937 | 13.6087 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 6,952 | 13.6087 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 593 | 13.6087 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 20 | 324.8600 ZAR |
| EUR 0.22 ordinary | CFD | Reducing a short position | 2,829 | 324.8600 ZAR |
| EUR 0.22 ordinary | SWAP | Increasing a long position | 630 | 13.4801 GBP |
| EUR 0.22 ordinary | SWAP | Reducing a long position | 13,047 | 13.5141 GBP |
| EUR 0.22 ordinary | SWAP | Reducing a short position | 3,281 | 324.4797 ZAR |
| EUR 0.22 ordinary | SWAP | Increasing a short position | 13,116 | 324.9485 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: | 27 March 2024 |
Contact name: | Papa Lette and Andrzej Szyszka |
Telephone number: | +33(1) 4212 1459 / +48(22) 317 4817 |
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 disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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