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: | Advisor to SMITH (DS) PLC |
| (d) Date dealing undertaken: | 19 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 the offer? If it is a cash offer or possible cash offer, state "N/A" | YES - disclosed previously for INTERNATIONAL PAPER COMPANY & 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 | 2,264,335 | 15.3000 GBP | 13.5675 GBP |
| EUR 0.22 ordinary | Sales | 3,223,527 | 15.2400 GBP | 13.5750 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 | 2,255 | 13.6083 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 44 | 13.6320 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 42 | 13.6320 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 76 | 13.6320 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 521 | 13.6320 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 39 | 13.6320 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 13 | 13.6320 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 1,247 | 13.6437 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 33 | 13.6520 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 523 | 13.6850 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 50 | 13.7650 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 48 | 13.7650 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 17 | 13.7650 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 15 | 13.7650 GBP |
| EUR 0.22 ordinary | CFD | Opening a short position | 4,253 | 13.8351 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 247 | 13.8393 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 79 | 13.8393 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 2,100 | 14.3135 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 6,717 | 14.4679 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 3,290 | 14.6212 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 241 | 14.8238 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 220 | 14.8238 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 4,018 | 14.8238 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 384 | 14.8238 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 24,021 | 14.8331 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 254 | 14.8331 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 720 | 14.8331 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 6,792 | 14.8331 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 6,479 | 14.8459 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 39,744 | 14.8879 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 17,000 | 14.9069 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 78,062 | 14.9069 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 3,622 | 14.9070 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 2,432 | 14.9070 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 3,955 | 14.9070 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 5,588 | 14.9070 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 2,518 | 14.9070 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 3,849 | 14.9070 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 2,436 | 14.9070 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 3,964 | 14.9070 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 6,467 | 14.9223 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 202 | 14.9223 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 13,402 | 14.9522 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 5,093 | 14.9522 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 166 | 14.9522 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 2,011 | 14.9522 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 4,124 | 14.9522 GBP |
| EUR 0.22 ordinary | CFD | Opening a short position | 6,420 | 14.9727 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 65,860 | 14.9787 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 10,862 | 14.9787 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 649 | 14.9787 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 596 | 14.9787 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 5,904 | 14.9797 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 324 | 14.9797 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 354 | 14.9797 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 722 | 14.9797 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 100,000 | 14.9968 GBP |
| EUR 0.22 ordinary | CFD | Increasing a short position | 3,210 | 15.0106 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 70,256 | 15.0121 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 1,777 | 15.0124 GBP |
| EUR 0.22 ordinary | CFD | Increasing a short position | 21,500 | 15.0153 GBP |
| EUR 0.22 ordinary | CFD | Increasing a short position | 5,778 | 15.0209 GBP |
| EUR 0.22 ordinary | CFD | Increasing a short position | 7,704 | 15.0211 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 46 | 15.0222 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 828 | 15.0223 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 1,428 | 15.0223 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 50 | 15.0223 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 82,911 | 15.0225 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 2,895 | 15.0234 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 90,000 | 15.0240 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 255 | 15.0310 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 6 | 15.0310 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 1 | 15.0310 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 70 | 15.0310 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 2,187 | 15.0311 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 2,325 | 15.0368 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 57 | 15.0368 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 10 | 15.0368 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 633 | 15.0368 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 29,702 | 15.0377 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 284,104 | 15.0377 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 42,970 | 15.0377 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 45,980 | 15.0377 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 51,450 | 15.0377 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 39,261 | 15.0377 GBP |
| EUR 0.22 ordinary | CFD | Increasing a short position | 8,987 | 15.0425 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 374 | 15.0428 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 1,962 | 15.0431 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 10,676 | 15.0441 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 2,331 | 15.0447 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 4,253 | 15.0449 GBP |
| EUR 0.22 ordinary | CFD | Reducing a short position | 2,167 | 15.0449 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 7,155 | 15.0451 GBP |
| EUR 0.22 ordinary | CFD | Increasing a short position | 11,374 | 15.0465 GBP |
| EUR 0.22 ordinary | CFD | Opening a short position | 5,628 | 15.0465 GBP |
| EUR 0.22 ordinary | CFD | Increasing a short position | 8,012 | 15.0465 GBP |
| EUR 0.22 ordinary | CFD | Increasing a short position | 1,025 | 15.0465 GBP |
| EUR 0.22 ordinary | CFD | Opening a short position | 15,146 | 15.0468 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 543 | 15.0480 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 6,717 | 15.0490 GBP |
| EUR 0.22 ordinary | CFD | Increasing a short position | 3,012 | 15.0515 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 4,529 | 15.0640 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 141 | 15.0640 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 50 | 15.0640 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 1,284 | 15.0640 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 2,582 | 15.0660 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 1,751 | 15.0660 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 2,978 | 15.0660 GBP |
| EUR 0.22 ordinary | CFD | Opening a long position | 100,000 | 15.0879 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 1 | 15.1030 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 9,389 | 15.1127 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 281 | 15.1127 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 99 | 15.1127 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 2,654 | 15.1127 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 2,581 | 15.1305 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 1,751 | 15.1305 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 2,979 | 15.1305 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 2,723 | 15.2103 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 1,848 | 15.2103 GBP |
| EUR 0.22 ordinary | CFD | Reducing a long position | 3,143 | 15.2103 GBP |
| EUR 0.22 ordinary | CFD | Increasing a long position | 25,711 | 350.2141 ZAR |
| EUR 0.22 ordinary | CFD | Increasing a long position | 58,586 | 350.2147 ZAR |
| EUR 0.22 ordinary | CFD | Increasing a long position | 6,710 | 355.4893 ZAR |
| EUR 0.22 ordinary | CFD | Opening a long position | 2,944 | 355.4894 ZAR |
| EUR 0.22 ordinary | CFD | Opening a short position | 5,188 | 355.6822 ZAR |
| EUR 0.22 ordinary | CFD | Reducing a long position | 283 | 355.6822 ZAR |
| EUR 0.22 ordinary | CFD | Reducing a long position | 6,218 | 355.6990 ZAR |
| EUR 0.22 ordinary | CFD | Reducing a long position | 14,170 | 355.6991 ZAR |
| EUR 0.22 ordinary | SWAP | Reducing a long position | 1,948 | 14.6045 GBP |
| EUR 0.22 ordinary | SWAP | Increasing a long position | 1,329 | 14.6386 GBP |
| EUR 0.22 ordinary | SWAP | Increasing a short position | 95,094 | 350.8309 ZAR |
| EUR 0.22 ordinary | SWAP | Reducing a short position | 25,859 | 355.6589 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 |
| EUR 0.22 ordinary | Call Option / (1.00 : 1,001.00) | Purchasing | 29 (29,029) | 14.0000 GBP | AMERICAN | 19/04/2024 | 1.0000 GBP |
| EUR 0.22 ordinary | Call Option / (1.00 : 1,001.00) | Purchasing | 23 (23,023) | 14.0000 GBP | AMERICAN | 19/04/2024 | 1.0000 GBP |
| EUR 0.22 ordinary | Call Option / (1.00 : 1,001.00) | Purchasing | 1,148 (1,149,148) | 14.0000 GBP | AMERICAN | 19/04/2024 | 1.0000 GBP |
| EUR 0.22 ordinary | Call Option / (1.00 : 1,001.00) | Purchasing | 894 (894,894) | 14.0000 GBP | AMERICAN | 19/04/2024 | 1.0000 GBP |
(ii) Exercise
| Class of relevant security | Product description e.g. call option | Exercising / exercised against | Number of securities | Exercise price per unit |
| EUR 0.22 ordinary | Call Option / (1.00 : 1,001.00) | Exercising | 7 (7,007) | 14.0000 GBP |
| EUR 0.22 ordinary | Call Option / (1.00 : 1,001.00) | Exercising | 9 (9,009) | 13.9900 GBP |
(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: | 22 April 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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