Form 8.3 - DS Smith PLC

Released : Jun 19, 2024

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

18-06-2024

(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:

 

14,866,606

1.08

0

0

(3)Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0

0

0

 

TOTAL:

14,866,606

1.08

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

146

351.40

10p ordinary share

Equity swap

increasing a long position

668

345.00

10p ordinary share

Equity swap

increasing a long position

789

349.80

10p ordinary share

Equity swap

increasing a long position

943

345.20

10p ordinary share

Equity swap

increasing a long position

1631

347.40

10p ordinary share

Equity swap

increasing a long position

2114

345.80

10p ordinary share

Equity swap

increasing a long position

2671

350.80

10p ordinary share

Equity swap

increasing a long position

2701

347.20

10p ordinary share

Equity swap

increasing a long position

2716

347.60

10p ordinary share

Equity swap

increasing a long position

2891

348.00

10p ordinary share

Equity swap

increasing a long position

3431

345.40

10p ordinary share

Equity swap

increasing a long position

4227

347.80

10p ordinary share

Equity swap

increasing a long position

4303

351.00

10p ordinary share

Equity swap

increasing a long position

4721

348.80

10p ordinary share

Equity swap

increasing a long position

5039

351.20

10p ordinary share

Equity swap

increasing a long position

5686

346.80

10p ordinary share

Equity swap

increasing a long position

5819

350.60

10p ordinary share

Equity swap

increasing a long position

6720

347.00

10p ordinary share

Equity swap

increasing a long position

6842

345.60

10p ordinary share

Equity swap

increasing a long position

8845

346.40

10p ordinary share

Equity swap

increasing a long position

9420

348.60

10p ordinary share

Equity swap

increasing a long position

9584

346.20

10p ordinary share

Equity swap

increasing a long position

11444

346.60

10p ordinary share

Equity swap

increasing a long position

12310

348.40

10p ordinary share

Equity swap

increasing a long position

15307

349.40

10p ordinary share

Equity swap

increasing a long position

17247

350.00

10p ordinary share

Equity swap

increasing a long position

20374

348.20

10p ordinary share

Equity swap

increasing a long position

31161

349.60

10p ordinary share

Equity swap

increasing a long position

34955

346.00

10p ordinary share

Equity swap

increasing a long position

48576

349.00

10p ordinary share

Equity swap

increasing a long position

59415

349.20

10p ordinary share

Equity swap

increasing a long position

170554

350.40

10p ordinary share

Equity swap

decreasing a long position

471

346.00

10p ordinary share

Equity swap

decreasing a long position

801

350.52

10p ordinary share

Equity swap

decreasing a long position

949

346.20

10p ordinary share

Equity swap

decreasing a long position

949

349.40

10p ordinary share

Equity swap

decreasing a long position

1036

347.60

10p ordinary share

Equity swap

decreasing a long position

1362

350.32

10p ordinary share

Equity swap

decreasing a long position

1520

346.40

10p ordinary share

Equity swap

decreasing a long position

1681

349.60

10p ordinary share

Equity swap

decreasing a long position

1770

348.20

10p ordinary share

Equity swap

decreasing a long position

2374

350.00

10p ordinary share

Equity swap

decreasing a long position

2976

349.92

10p ordinary share

Equity swap

decreasing a long position

3092

349.20

10p ordinary share

Equity swap

decreasing a long position

3208

349.00

10p ordinary share

Equity swap

decreasing a long position

3233

348.80

10p ordinary share

Equity swap

decreasing a long position

3879

350.02

10p ordinary share

Equity swap

decreasing a long position

9738

350.42

10p ordinary share

Equity swap

decreasing a long position

9867

350.82

10p ordinary share

Equity swap

decreasing a long position

11303

348.00

10p ordinary share

Equity swap

decreasing a long position

25506

351.02

10p ordinary share

Equity swap

decreasing a long position

27716

351.00

10p ordinary share

Equity swap

decreasing a long position

101048

350.40

10p ordinary share

Equity swap

decreasing a long position

133441

349.82

10p ordinary share

Equity swap

decreasing a long position

212430

350.22

10p ordinary share

Equity swap

decreasing a long position

103221

349.5718

(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

0

0

0

0

 

0

(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)

0

 

0

0

0

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?

NO

Date of disclosure:

19-06-2024

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.

Qube Research & Technologies LTD

Source: Qube Research & Technologies LTD