AMENDMENT
FORM 8.5
(EPT/NON-RI)
PUBLIC OPENING POSITION
DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER
WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS (OR WHERE RI STATUS
IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code
(the "Code")
1. KEY
INFORMATION
(a) Name of exempt principal
trader:
|
J.P. Morgan Equities South
Africa Proprietary Ltd
|
(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 position
held/dealing undertaken:
For an opening position
disclosure, state the latest practicable date prior to the
disclosure
|
14 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, Smith (DS)
plc
|
2. POSITIONS
OF THE EXEMPT PRINCIPAL TRADER
If there are positions or
rights to subscribe to disclose in more than one class of relevant
securities of the offeror or offeree named in 1(b), copy table 2(a)
or (b) (as appropriate) for each additional class of relevant
security.
(a) Interests and
short positions in the relevant securities of the offeror or
offeree to which the disclosure relates following the dealing (if
any)
Class of relevant
security:
|
EUR 0.22
ordinary
|
|
Interests
|
Short
positions
|
Number
|
%
|
Number
|
%
|
(1) Relevant securities owned
and/or controlled:
|
222,718
|
0.05
|
0
|
0
|
(2) Cash-settled
derivatives:
|
0
|
0
|
756,223
|
0.17
|
(3) Stock-settled derivatives
(including options) and agreements to
purchase/sell:
|
0
|
0
|
0
|
0
|
TOTAL:
|
222,718
|
0.05
|
756,223
|
0.17
|
All
interests and all short positions should be
disclosed.
Details of any open stock-settled derivative positions
(including traded options), or agreements to purchase or sell
relevant securities, should be given on a Supplemental Form 8
(Open Positions).
(b) Rights to
subscribe for new securities (including directors' and other
employee options)
Class of relevant security in
relation to which subscription right exists:
|
|
Details, including nature of
the rights concerned and relevant percentages:
|
|
3. DEALINGS
(IF ANY) 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 3(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
|
99,658
119,219
|
316.4900
ZAR
316.2255
ZAR
|
311.9864
ZAR
312.0800
ZAR
|
(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
Opening a Long
Position
Opening a Short
Position
|
10,315
10,625
429
2,578
736
3,151
950
3,621
3,168
61
4,513
4,172
704
252
26,436
4
50
80
65
10,315
704
1,150
7
166
401
469
380
433
275
1,408
688
428
884
300
1,517
1,820
10
910
725
1,926
3,960
397
610
30
120
499
959
3,895
2,603
5,477
2,163
4,016
631
809
703
3,424
901
10,219
8,649
12,578
|
311.9864
ZAR
312.1780
ZAR
312.6174
ZAR
312.6211
ZAR
312.6897
ZAR
313.3514
ZAR
314.0442
ZAR
314.5718
ZAR
314.5946
ZAR
314.8400
ZAR
315.1033
ZAR
315.8268
ZAR
316.2515
ZAR
316.4563
ZAR
312.0800
ZAR
313.4068
ZAR
313.7700
ZAR
315.1600
ZAR
316.0000
ZAR
311.9864
ZAR
312.0824
ZAR
312.0882
ZAR
312.5600
ZAR
312.8387
ZAR
312.9257
ZAR
314.4068
ZAR
314.5002
ZAR
314.6864
ZAR
315.1832
ZAR
315.3430
ZAR
315.6880
ZAR
316.1908
ZAR
316.2255
ZAR
312.4700
ZAR
312.6052
ZAR
313.2541
ZAR
313.6268
ZAR
314.3228
ZAR
314.6131
ZAR
315.1728
ZAR
315.2885
ZAR
315.4770
ZAR
316.1302
ZAR
312.5200
ZAR
312.8100
ZAR
313.1157
ZAR
314.0862
ZAR
314.5945
ZAR
314.8522
ZAR
315.2912
ZAR
315.7363
ZAR
316.1060
ZAR
312.5459
ZAR
312.8877
ZAR
314.0471
ZAR
314.0515
ZAR
314.6265
ZAR
315.7075
ZAR
315.9995
ZAR
316.2785
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)
|
|
|
|
|
4. 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
|
(c)
Attachments
Is a Supplemental Form 8
(Open Positions) attached?
|
NO
|
Date of disclosure:
|
28 March
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 disclosure requirements on +44 (0)20 7638
0129.
The
Code can be viewed on the Panel's website at
www.thetakeoverpanel.org.uk.