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: | 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 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
| 2709661 | 15.45531 GBP | 13.62180 GBP |
| EUR 0.22 ordinary | Sell
| 2424025 | 15.50796 GBP | 13.61745 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 | 14322 | 14.97869851 GBP |
| EUR 0.22 ordinary | CFD
| Long | 8686 | 14.9827 GBP |
| EUR 0.22 ordinary | CFD
| Long | 5780 | 14.82383564 GBP |
| EUR 0.22 ordinary | CFD
| Long | 2876 | 15.02679068 GBP |
| EUR 0.22 ordinary | CFD
| Long | 17000 | 15.042475 GBP |
| EUR 0.22 ordinary | CFD
| Long | 939 | 13.617455 GBP |
| EUR 0.22 ordinary | CFD
| Long | 848 | 14.0686831 GBP |
| EUR 0.22 ordinary | CFD
| Long | 21903 | 15.0018494 GBP |
| EUR 0.22 ordinary | CFD
| Long | 86883 | 14.8911225441111 GBP |
| EUR 0.22 ordinary | CFD
| Long | 1184 | 14.626 GBP |
| EUR 0.22 ordinary | CFD
| Long | 10494 | 15.044248 GBP |
| EUR 0.22 ordinary | CFD
| Long | 37807 | 15.02211067 GBP |
| EUR 0.22 ordinary | CFD
| Long | 16203 | 14.90600925 GBP |
| EUR 0.22 ordinary | CFD
| Long | 2216 | 356.6863 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 3830 | 357.81141514 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 43 | 324.344 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 49318 | 356.08772598 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 88144 | 15.045 GBP |
| EUR 0.22 ordinary | CFD
| Long | 8139 | 15.04470451 GBP |
| EUR 0.22 ordinary | CFD
| Long | 40782 | 355.72044186 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 10455 | 356.685975 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 4309 | 15.117198 GBP |
| EUR 0.22 ordinary | CFD
| Long | 5691 | 15.035604 GBP |
| EUR 0.22 ordinary | CFD
| Long | 106 | 13.645 GBP |
| EUR 0.22 ordinary | CFD
| Long | 106 | 14.885 GBP |
| EUR 0.22 ordinary | CFD
| Long | 106 | 14.96 GBP |
| EUR 0.22 ordinary | CFD
| Long | 106 | 15.03 GBP |
| EUR 0.22 ordinary | CFD
| Long | 106 | 15.055 GBP |
| EUR 0.22 ordinary | CFD
| Long | 106 | 15.07 GBP |
| EUR 0.22 ordinary | CFD
| Long | 106 | 15.075 GBP |
| EUR 0.22 ordinary | CFD
| Long | 106 | 15.22 GBP |
| EUR 0.22 ordinary | CFD
| Long | 106 | 15.24 GBP |
| EUR 0.22 ordinary | CFD
| Long | 46 | 13.655 GBP |
| EUR 0.22 ordinary | CFD
| Long | 22 | 15.05 GBP |
| EUR 0.22 ordinary | CFD
| Long | 12 | 15.27 GBP |
| EUR 0.22 ordinary | CFD
| Long | 596 | 15.04481194 GBP |
| EUR 0.22 ordinary | CFD
| Long | 54 | 13.68388889 GBP |
| EUR 0.22 ordinary | CFD
| Long | 6678 | 15.03675052 GBP |
| EUR 0.22 ordinary | CFD
| Long | 782 | 15.01758951 GBP |
| EUR 0.22 ordinary | CFD
| Long | 19122 | 15.042361 GBP |
| EUR 0.22 ordinary | CFD
| Long | 755 | 15.02157616 GBP |
| EUR 0.22 ordinary | CFD
| Long | 18042 | 15.061194 GBP |
| EUR 0.22 ordinary | CFD
| Long | 1137 | 14.9825 GBP |
| EUR 0.22 ordinary | CFD
| Long | 291 | 15.125 GBP |
| EUR 0.22 ordinary | CFD
| Long | 211 | 15.095924 GBP |
| EUR 0.22 ordinary | CFD
| Long | 211 | 15.1 GBP |
| EUR 0.22 ordinary | CFD
| Long | 211 | 15.095 GBP |
| EUR 0.22 ordinary | CFD
| Long | 211 | 15.085 GBP |
| EUR 0.22 ordinary | CFD
| Long | 386 | 15.0 GBP |
| EUR 0.22 ordinary | CFD
| Long | 11564 | 352.545882 ZAR |
| EUR 0.22 ordinary | CFD
| Long | 2661 | 15.24758737 GBP |
| EUR 0.22 ordinary | CFD
| Long | 7152 | 14.208099 GBP |
| EUR 0.22 ordinary | CFD
| Long | 7083 | 15.0465248 GBP |
| EUR 0.22 ordinary | CFD
| Long | 5172 | 14.96087781 GBP |
| EUR 0.22 ordinary | CFD
| Long | 12033 | 15.01187 GBP |
| EUR 0.22 ordinary | CFD
| Long | 2068 | 14.06977273 GBP |
| EUR 0.22 ordinary | CFD
| Long | 237 | 15.11421941 GBP |
| EUR 0.22 ordinary | CFD
| Long | 14496 | 14.9070178 GBP |
| EUR 0.22 ordinary | CFD
| Long | 17741 | 14.9070182 GBP |
| EUR 0.22 ordinary | CFD
| Long | 63941 | 15.04485287 GBP |
| EUR 0.22 ordinary | CFD
| Long | 16104 | 15.02651079 GBP |
| EUR 0.22 ordinary | CFD
| Long | 42132 | 15.02342276 GBP |
| EUR 0.22 ordinary | CFD
| Long | 35786 | 15.02598709 GBP |
| EUR 0.22 ordinary | CFD
| Long | 52873 | 15.03511011 GBP |
| EUR 0.22 ordinary | CFD
| Long | 26559 | 15.02431339 GBP |
| EUR 0.22 ordinary | CFD
| Long | 23444 | 15.0445305 GBP |
| EUR 0.22 ordinary | CFD
| Long | 41428 | 15.02372381 GBP |
| EUR 0.22 ordinary | CFD
| Long | 37693 | 15.02456976 GBP |
| EUR 0.22 ordinary | CFD
| Long | 28357 | 15.0255114 GBP |
| EUR 0.22 ordinary | CFD
| Long | 150000 | 15.051091 GBP |
| EUR 0.22 ordinary | CFD
| Long | 40539 | 15.04915776 GBP |
| EUR 0.22 ordinary | CFD
| Long | 4175 | 15.02338507 GBP |
| EUR 0.22 ordinary | CFD
| Long | 148772 | 13.685 GBP |
| EUR 0.22 ordinary | CFD
| Long | 212 | 15.005 GBP |
| EUR 0.22 ordinary | CFD
| Long | 212 | 15.02 GBP |
| EUR 0.22 ordinary | CFD
| Short | 11682 | 15.04944471 GBP |
| EUR 0.22 ordinary | CFD
| Short | 9594 | 14.90931793 GBP |
| EUR 0.22 ordinary | CFD
| Short | 4270 | 14.12611501 GBP |
| EUR 0.22 ordinary | CFD
| Short | 125000 | 15.114082 GBP |
| EUR 0.22 ordinary | CFD
| Short | 100000 | 15.037947 GBP |
| EUR 0.22 ordinary | CFD
| Short | 12339 | 14.99360463 GBP |
| EUR 0.22 ordinary | CFD
| Short | 2805 | 13.64838409 GBP |
| EUR 0.22 ordinary | CFD
| Short | 10558 | 15.03618546 GBP |
| EUR 0.22 ordinary | CFD
| Short | 3296 | 13.81536595 GBP |
| EUR 0.22 ordinary | CFD
| Short | 212 | 14.95 GBP |
| EUR 0.22 ordinary | CFD
| Short | 106 | 13.765 GBP |
| EUR 0.22 ordinary | CFD
| Short | 106 | 14.825 GBP |
| EUR 0.22 ordinary | CFD
| Short | 75000 | 15.250668 GBP |
| EUR 0.22 ordinary | CFD
| Short | 251538 | 14.9395 GBP |
| EUR 0.22 ordinary | CFD
| Short | 85500 | 15.014566 GBP |
| EUR 0.22 ordinary | CFD
| Short | 95881 | 15.029208 GBP |
| EUR 0.22 ordinary | CFD
| Short | 85183 | 14.5382096192902 GBP |
| EUR 0.22 ordinary | CFD
| Short | 29931 | 15.045752 GBP |
| EUR 0.22 ordinary | CFD
| Short | 162 | 14.9475463 GBP |
| EUR 0.22 ordinary | CFD
| Short | 28479 | 14.991915 GBP |
| EUR 0.22 ordinary | CFD
| Short | 845 | 15.04705908 GBP |
| EUR 0.22 ordinary | CFD
| Short | 504 | 14.611229997004 GBP |
| EUR 0.22 ordinary | CFD
| Short | 11250 | 14.800296 GBP |
| EUR 0.22 ordinary | CFD
| Short | 224 | 14.59377095 GBP |
| EUR 0.22 ordinary | CFD
| Short | 22019 | 354.5117 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 40782 | 355.72044186 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 105066 | 13.62180753 GBP |
| EUR 0.22 ordinary | CFD
| Short | 190000 | 13.624309 GBP |
| EUR 0.22 ordinary | CFD
| Short | 1168 | 357.811198630137 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 647 | 14.80222 GBP |
| EUR 0.22 ordinary | CFD
| Short | 60000 | 15.0120608333 GBP |
| EUR 0.22 ordinary | CFD
| Short | 49318 | 356.08772598 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 2216 | 356.686326 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 43 | 324.343903209302 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 10000 | 14.956433 GBP |
| EUR 0.22 ordinary | CFD
| Short | 2750 | 15.06193122 GBP |
| EUR 0.22 ordinary | CFD
| Short | 106 | 14.84 GBP |
| EUR 0.22 ordinary | CFD
| Short | 106 | 14.87 GBP |
| EUR 0.22 ordinary | CFD
| Short | 106 | 14.96 GBP |
| EUR 0.22 ordinary | CFD
| Short | 106 | 15.005 GBP |
| EUR 0.22 ordinary | CFD
| Short | 106 | 15.05 GBP |
| EUR 0.22 ordinary | CFD
| Short | 106 | 15.075 GBP |
| EUR 0.22 ordinary | CFD
| Short | 106 | 15.12 GBP |
| EUR 0.22 ordinary | CFD
| Short | 92 | 14.895 GBP |
| EUR 0.22 ordinary | CFD
| Short | 42 | 14.905 GBP |
| EUR 0.22 ordinary | CFD
| Short | 2651 | 14.91818182 GBP |
| EUR 0.22 ordinary | CFD
| Short | 1265 | 15.02065361 GBP |
| EUR 0.22 ordinary | CFD
| Short | 573 | 14.8165095986038 GBP |
| EUR 0.22 ordinary | CFD
| Short | 497 | 14.992777 GBP |
| EUR 0.22 ordinary | CFD
| Short | 251 | 15.0450199203187 GBP |
| EUR 0.22 ordinary | CFD
| Short | 3600 | 13.6914583333333 GBP |
| EUR 0.22 ordinary | CFD
| Short | 52542 | 15.056821 GBP |
| EUR 0.22 ordinary | CFD
| Short | 718 | 15.06 GBP |
| EUR 0.22 ordinary | CFD
| Short | 11037 | 14.359607 GBP |
| EUR 0.22 ordinary | CFD
| Short | 4811 | 15.0448846 GBP |
| EUR 0.22 ordinary | CFD
| Short | 6549 | 14.39943159 GBP |
| EUR 0.22 ordinary | CFD
| Short | 12 | 15.000625 GBP |
| EUR 0.22 ordinary | CFD
| Short | 14871 | 18.18431506 USD |
| EUR 0.22 ordinary | CFD
| Short | 2662 | 357.81151014275 ZAR |
| EUR 0.22 ordinary | CFD
| Short | 12889 | 15.045 GBP |
| EUR 0.22 ordinary | CFD
| Short | 15122 | 14.9371349 GBP |
| EUR 0.22 ordinary | CFD
| Short | 7883 | 15.024234 GBP |
| EUR 0.22 ordinary | CFD
| Short | 3699 | 14.94063352 GBP |
| EUR 0.22 ordinary | CFD
| Short | 2277 | 14.93362762 GBP |
| EUR 0.22 ordinary | CFD
| Short | 447 | 15.0456018 GBP |
| EUR 0.22 ordinary | CFD
| Short | 7174 | 15.05780868 GBP |
| EUR 0.22 ordinary | CFD
| Short | 4054 | 13.63868528 GBP |
| EUR 0.22 ordinary | CFD
| Short | 3514 | 14.05593947 GBP |
| EUR 0.22 ordinary | CFD
| Short | 2009 | 15.08567482 GBP |
| EUR 0.22 ordinary | CFD
| Short | 16179 | 13.6374374 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: | 22 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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