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: | 16 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 | 1,420,508
1,527,360 | 14.1750 GBP
14.2150 GBP | 13.7000 GBP
13.7000 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 | 708 916 10,382 98 1,254
21,272 50,000 740 19 15 168,335 6 375 5,644 98 188 614 318 322
593 315,000 260,000 3,618 85 10,714
166 2,203 1,568 32 126 300 153 34 446 3,823 566 491 236 10 185 114 199 88 224 536 507 442 542 1,820 265 632 | 13.8394 GBP 13.8720 GBP 13.8741 GBP 330.1100 ZAR 331.1054 ZAR
13.7639 GBP 13.7925 GBP 13.8631 GBP 13.8938 GBP 13.8942 GBP 13.9005 GBP 13.9085 GBP 13.9160 GBP 14.1656 GBP 330.1067 ZAR 330.4000 ZAR 330.5791 ZAR 331.4609 ZAR 331.5260 ZAR
13.7633 GBP 13.7915 GBP 13.8866 GBP 13.9870 GBP 326.9482 ZAR 329.1038 ZAR
13.7239 GBP 13.7662 GBP 13.8122 GBP 13.8251 GBP 13.9011 GBP 13.9150 GBP 14.0500 GBP 325.9500 ZAR 326.6702 ZAR 327.0300 ZAR 327.2204 ZAR 327.4929 ZAR 327.5708 ZAR 327.7600 ZAR 327.8456 ZAR 328.1500 ZAR 328.2542 ZAR 328.2600 ZAR 328.3981 ZAR 328.7516 ZAR 329.4383 ZAR 330.8793 ZAR 331.3354 ZAR 331.3467 ZAR 334.3592 ZAR 335.7422 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: | 19 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 +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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