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 | Mondi plc |
| (c) Name of the party to the offer with which exempt principal trader is connected: | Mondi plc |
| (d) Date dealing undertaken: | 17 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" | NO |
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 | Buy
| 598569 | 13.84073 GBP | 13.50493 GBP |
| EUR 0.22 ordinary | Sell
| 700629 | 13.82000 GBP | 13.52389 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
| Long | 94238 | 13.635 GBP |
| EUR 0.22 ordinary | CFD
| Long | 5249 | 13.626249 GBP |
| EUR 0.22 ordinary | CFD
| Long | 4849 | 13.6483 GBP |
| EUR 0.22 ordinary | CFD
| Long | 26812 | 13.629375 GBP |
| EUR 0.22 ordinary | CFD
| Long | 115 | 13.555 GBP |
| EUR 0.22 ordinary | CFD
| Long | 901 | 13.6171714 GBP |
| EUR 0.22 ordinary | CFD
| Long | 2440 | 13.61393254 GBP |
| EUR 0.22 ordinary | CFD
| Long | 1010 | 13.66486139 GBP |
| EUR 0.22 ordinary | CFD
| Long | 215 | 13.6392093 GBP |
| EUR 0.22 ordinary | CFD
| Long | 106 | 13.8 GBP |
| EUR 0.22 ordinary | CFD
| Long | 136 | 327.75 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 3119 | 13.634319 GBP |
| EUR 0.22 ordinary | CFD
| Long | 399 | 13.634311 GBP |
| EUR 0.22 ordinary | CFD
| Long | 94 | 13.719362 GBP |
| EUR 0.22 ordinary | CFD
| Long | 163 | 13.74300613 GBP |
| EUR 0.22 ordinary | CFD
| Long | 3831 | 13.7736289999697 GBP |
| EUR 0.22 ordinary | CFD
| Long | 55 | 321.765 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 132727 | 13.6769 GBP |
| EUR 0.22 ordinary | CFD
| Long | 6750 | 13.656 GBP |
| EUR 0.22 ordinary | CFD
| Long | 25000 | 13.5913852 GBP |
| EUR 0.22 ordinary | CFD
| Long | 35000 | 13.5548085714 GBP |
| EUR 0.22 ordinary | CFD
| Long | 36357 | 13.6026689999952 GBP |
| EUR 0.22 ordinary | CFD
| Long | 34014 | 13.7210855096 GBP |
| EUR 0.22 ordinary | CFD
| Long | 1415 | 323.6883 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 33984 | 323.04543167 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 6672 | 322.16378747 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 22987 | 13.72252143 GBP |
| EUR 0.22 ordinary | CFD
| Long | 1070 | 13.653596 GBP |
| EUR 0.22 ordinary | CFD
| Long | 859 | 13.64963912 GBP |
| EUR 0.22 ordinary | CFD
| Long | 3372 | 13.65950707 GBP |
| EUR 0.22 ordinary | CFD
| Long | 569 | 13.66005129 GBP |
| EUR 0.22 ordinary | CFD
| Long | 819 | 13.66534643 GBP |
| EUR 0.22 ordinary | CFD
| Long | 2794 | 13.6567813 GBP |
| EUR 0.22 ordinary | CFD
| Long | 8728 | 13.62429255 GBP |
| EUR 0.22 ordinary | CFD
| Long | 9781 | 13.63796121 GBP |
| EUR 0.22 ordinary | CFD
| Long | 2465 | 13.61218887 GBP |
| EUR 0.22 ordinary | CFD
| Long | 2295 | 13.65563315 GBP |
| EUR 0.22 ordinary | CFD
| Long | 3234 | 13.60628653 GBP |
| EUR 0.22 ordinary | CFD
| Long | 6948 | 13.6573969 GBP |
| EUR 0.22 ordinary | CFD
| Long | 6009 | 13.6624965 GBP |
| EUR 0.22 ordinary | CFD
| Long | 2097 | 13.77289895 GBP |
| EUR 0.22 ordinary | CFD
| Long | 1669 | 13.63613241 GBP |
| EUR 0.22 ordinary | CFD
| Long | 18103 | 323.43358559 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 1216 | 13.745 GBP |
| EUR 0.22 ordinary | CFD
| Long | 384 | 13.625 GBP |
| EUR 0.22 ordinary | CFD
| Long | 19613 | 13.653931 GBP |
| EUR 0.22 ordinary | CFD
| Long | 375 | 13.725 GBP |
| EUR 0.22 ordinary | CFD
| Long | 481 | 13.67898129 GBP |
| EUR 0.22 ordinary | CFD
| Short | 26202 | 13.657223 GBP |
| EUR 0.22 ordinary | CFD
| Short | 3765 | 13.615176 GBP |
| EUR 0.22 ordinary | CFD
| Short | 379 | 13.6884631 GBP |
| EUR 0.22 ordinary | CFD
| Short | 26200 | 13.6452820610687 GBP |
| EUR 0.22 ordinary | CFD
| Short | 2322 | 13.63517044 GBP |
| EUR 0.22 ordinary | CFD
| Short | 1272 | 13.685204 GBP |
| EUR 0.22 ordinary | CFD
| Short | 106 | 13.71 GBP |
| EUR 0.22 ordinary | CFD
| Short | 2 | 13.665 GBP |
| EUR 0.22 ordinary | CFD
| Short | 10776 | 13.620817 GBP |
| EUR 0.22 ordinary | CFD
| Short | 4637 | 322.163750269571 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 1415 | 323.688279 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 1145 | 13.84073362 GBP |
| EUR 0.22 ordinary | CFD
| Short | 5564 | 13.635 GBP |
| EUR 0.22 ordinary | CFD
| Short | 2517 | 13.6556 GBP |
| EUR 0.22 ordinary | CFD
| Short | 164663 | 13.576785 GBP |
| EUR 0.22 ordinary | CFD
| Short | 55 | 321.765 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 18103 | 323.43358559 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 136 | 327.75 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 2035 | 322.163872235872 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 100199 | 13.6570841 GBP |
| EUR 0.22 ordinary | CFD
| Short | 2742 | 13.64692183 GBP |
| EUR 0.22 ordinary | CFD
| Short | 3386 | 13.67224239 GBP |
| EUR 0.22 ordinary | CFD
| Short | 284 | 13.76067527 GBP |
| EUR 0.22 ordinary | CFD
| Short | 255 | 13.68547898 GBP |
| EUR 0.22 ordinary | CFD
| Short | 2314 | 13.66871305 GBP |
| EUR 0.22 ordinary | CFD
| Short | 800 | 13.67936626 GBP |
| EUR 0.22 ordinary | CFD
| Short | 33984 | 323.04543167 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 476 | 13.663319 GBP |
| EUR 0.22 ordinary | CFD
| Short | 3299 | 13.622149 GBP |
| EUR 0.22 ordinary | CFD
| Short | 13343 | 13.6244720077944 GBP |
| EUR 0.22 ordinary | CFD
| Short | 5600 | 13.7935642857143 GBP |
| EUR 0.22 ordinary | CFD
| Short | 2648 | 13.60519826 GBP |
| EUR 0.22 ordinary | CFD
| Short | 4214 | 13.61016255 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 |
| EUR 0.22 ordinary | Call | Purchasing | 46439 | 15.836 GBP | European | 17 July 2024 | 0.2045 GBP |
| EUR 0.22 ordinary | Call | Purchasing | 46439 | 15.836 GBP | European | 17 July 2024 | 0.2045 GBP |
| EUR 0.22 ordinary | Call | Selling | 46439 | 15.836 GBP | European | 17 July 2024 | 0.2045 GBP |
(ii) Exercise
| Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(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) |
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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: | 18 April 2024 |
Contact name: | Richard Howard |
Telephone number: | +44 (0)207 568 9128 |
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 Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing 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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