Form 8.3 - DS Smith plc

LONDON--(BUSINESS WIRE)--

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1.KEY INFORMATION

(a)Full name of discloser:	Qube Research & Technologies Limited
(b)Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c)Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	DS Smith plc
(d)If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e)Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	13-06-2024
(f)In addition to the company in 1(c) above, is the discloser 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 - International Paper Company

2.POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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(c), 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:	10p ordinary share
	Interests		Short positions
	Number	%	Number	%
(1)Relevant securities owned and/or controlled:	0	0	0	0
(2)Cash-settled derivatives:	15,001,282	1.09	0	0
(3)Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	15,001,282	1.09	0	0

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:	0
Details, including nature of the rights concerned and relevant percentages:	0

3.DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), 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

Purchase/sale

Number of securities

Price per unit

(b)Cash-settled derivative transactions

Class of relevant security	Product description e.g. call option	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of securities	Exercise price per unit (GBp)
10p ordinary share	Equity swap	increasing a long position	135	354.40
10p ordinary share	Equity swap	increasing a long position	142	353.60
10p ordinary share	Equity swap	increasing a long position	166	357.80
10p ordinary share	Equity swap	increasing a long position	257	355.80
10p ordinary share	Equity swap	increasing a long position	333	358.00
10p ordinary share	Equity swap	increasing a long position	442	356.80
10p ordinary share	Equity swap	increasing a long position	762	351.40
10p ordinary share	Equity swap	increasing a long position	766	357.20
10p ordinary share	Equity swap	increasing a long position	800	354.00
10p ordinary share	Equity swap	increasing a long position	818	358.60
10p ordinary share	Equity swap	increasing a long position	874	356.00
10p ordinary share	Equity swap	increasing a long position	888	355.40
10p ordinary share	Equity swap	increasing a long position	996	357.40
10p ordinary share	Equity swap	increasing a long position	1037	354.80
10p ordinary share	Equity swap	increasing a long position	1075	358.40
10p ordinary share	Equity swap	increasing a long position	1104	356.40
10p ordinary share	Equity swap	increasing a long position	1238	356.20
10p ordinary share	Equity swap	increasing a long position	3454	351.80
10p ordinary share	Equity swap	increasing a long position	3725	356.60
10p ordinary share	Equity swap	increasing a long position	5343	351.60
10p ordinary share	Equity swap	increasing a long position	8940	351.20
10p ordinary share	Equity swap	increasing a long position	11684	352.00
10p ordinary share	Equity swap	increasing a long position	17344	352.20
10p ordinary share	Equity swap	increasing a long position	24097	352.80
10p ordinary share	Equity swap	increasing a long position	27547	352.60
10p ordinary share	Equity swap	increasing a long position	578107	350.60
10p ordinary share	Equity swap	decreasing a long position	220	358.80
10p ordinary share	Equity swap	decreasing a long position	231	354.40
10p ordinary share	Equity swap	decreasing a long position	392	351.30
10p ordinary share	Equity swap	decreasing a long position	496	356.60
10p ordinary share	Equity swap	decreasing a long position	670	357.90
10p ordinary share	Equity swap	decreasing a long position	816	351.10
10p ordinary share	Equity swap	decreasing a long position	922	351.00
10p ordinary share	Equity swap	decreasing a long position	1250	352.30
10p ordinary share	Equity swap	decreasing a long position	1356	356.00
10p ordinary share	Equity swap	decreasing a long position	1381	354.80
10p ordinary share	Equity swap	decreasing a long position	1517	352.50
10p ordinary share	Equity swap	decreasing a long position	1634	355.40
10p ordinary share	Equity swap	decreasing a long position	1784	353.60
10p ordinary share	Equity swap	decreasing a long position	1825	351.50
10p ordinary share	Equity swap	decreasing a long position	1893	359.00
10p ordinary share	Equity swap	decreasing a long position	2036	359.20
10p ordinary share	Equity swap	decreasing a long position	2038	351.90
10p ordinary share	Equity swap	decreasing a long position	2352	353.10
10p ordinary share	Equity swap	decreasing a long position	2656	355.00
10p ordinary share	Equity swap	decreasing a long position	2887	356.80
10p ordinary share	Equity swap	decreasing a long position	3357	355.80
10p ordinary share	Equity swap	decreasing a long position	3497	353.40
10p ordinary share	Equity swap	decreasing a long position	4005	357.40
10p ordinary share	Equity swap	decreasing a long position	4572	358.60
10p ordinary share	Equity swap	decreasing a long position	5065	356.20
10p ordinary share	Equity swap	decreasing a long position	5306	352.10
10p ordinary share	Equity swap	decreasing a long position	5833	357.20
10p ordinary share	Equity swap	decreasing a long position	5977	355.20
10p ordinary share	Equity swap	decreasing a long position	6537	358.40
10p ordinary share	Equity swap	decreasing a long position	8915	352.40
10p ordinary share	Equity swap	decreasing a long position	10310	358.20
10p ordinary share	Equity swap	decreasing a long position	10407	353.20
10p ordinary share	Equity swap	decreasing a long position	10764	352.20
10p ordinary share	Equity swap	decreasing a long position	10909	355.60
10p ordinary share	Equity swap	decreasing a long position	12696	351.80
10p ordinary share	Equity swap	decreasing a long position	13508	352.00
10p ordinary share	Equity swap	decreasing a long position	13781	353.00
10p ordinary share	Equity swap	decreasing a long position	13805	351.20
10p ordinary share	Equity swap	decreasing a long position	14145	357.80
10p ordinary share	Equity swap	decreasing a long position	14794	358.00
10p ordinary share	Equity swap	decreasing a long position	16033	356.40
10p ordinary share	Equity swap	decreasing a long position	16527	352.60
10p ordinary share	Equity swap	decreasing a long position	16556	352.70
10p ordinary share	Equity swap	decreasing a long position	16879	351.60
10p ordinary share	Equity swap	decreasing a long position	16927	351.40
10p ordinary share	Equity swap	decreasing a long position	18942	357.00
10p ordinary share	Equity swap	decreasing a long position	20469	357.60
10p ordinary share	Equity swap	decreasing a long position	32465	352.80
10p ordinary share	Equity swap	decreasing a long position	244916	350.60
10p ordinary share	Equity swap	decreasing a long position	250000	355.82
10p ordinary share	Equity swap	decreasing a long position	500000	357.42

(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 (GBp)

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 person 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 person 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?

Date of disclosure:	14-06-2024
Contact name:	Stuart Brown
Telephone number:	00442070722969

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240614051760/en/

Qube Research & Technologies LTD

Source: Qube Research & Technologies LTD