Form 8.3 - DS SMITH PLC

Released : Jun 24, 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

21-06-2024

(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:

 

8,867,694

0.64

0

0

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

0

0

0

0

 

TOTAL:

8,867,694

0.64

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 (GBp)

(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

1230

362.00

10p ordinary share

Equity swap

increasing a long position

1644

362.60

10p ordinary share

Equity swap

increasing a long position

1698

362.20

10p ordinary share

Equity swap

increasing a long position

1724

359.60

10p ordinary share

Equity swap

increasing a long position

1826

363.20

10p ordinary share

Equity swap

increasing a long position

1853

359.00

10p ordinary share

Equity swap

increasing a long position

2009

358.60

10p ordinary share

Equity swap

increasing a long position

2078

361.00

10p ordinary share

Equity swap

increasing a long position

2091

361.80

10p ordinary share

Equity swap

increasing a long position

2758

360.80

10p ordinary share

Equity swap

increasing a long position

2875

360.20

10p ordinary share

Equity swap

increasing a long position

2893

358.40

10p ordinary share

Equity swap

increasing a long position

3658

359.40

10p ordinary share

Equity swap

increasing a long position

4142

360.40

10p ordinary share

Equity swap

increasing a long position

5160

362.40

10p ordinary share

Equity swap

increasing a long position

5449

359.20

10p ordinary share

Equity swap

increasing a long position

6387

358.80

10p ordinary share

Equity swap

increasing a long position

6465

359.80

10p ordinary share

Equity swap

increasing a long position

6840

361.20

10p ordinary share

Equity swap

increasing a long position

14365

360.60

10p ordinary share

Equity swap

increasing a long position

22296

361.40

10p ordinary share

Equity swap

increasing a long position

75044

360.00

10p ordinary share

Equity swap

decreasing a long position

93

362.70

10p ordinary share

Equity swap

decreasing a long position

109

359.10

10p ordinary share

Equity swap

decreasing a long position

502

362.50

10p ordinary share

Equity swap

decreasing a long position

541

358.70

10p ordinary share

Equity swap

decreasing a long position

634

363.00

10p ordinary share

Equity swap

decreasing a long position

1166

357.60

10p ordinary share

Equity swap

decreasing a long position

1218

361.50

10p ordinary share

Equity swap

decreasing a long position

1356

362.80

10p ordinary share

Equity swap

decreasing a long position

1778

361.70

10p ordinary share

Equity swap

decreasing a long position

2029

358.90

10p ordinary share

Equity swap

decreasing a long position

2341

359.90

10p ordinary share

Equity swap

decreasing a long position

3303

362.30

10p ordinary share

Equity swap

decreasing a long position

4246

361.80

10p ordinary share

Equity swap

decreasing a long position

4578

362.60

10p ordinary share

Equity swap

decreasing a long position

4702

358.00

10p ordinary share

Equity swap

decreasing a long position

6650

362.00

10p ordinary share

Equity swap

decreasing a long position

7555

361.60

10p ordinary share

Equity swap

decreasing a long position

8361

362.40

10p ordinary share

Equity swap

decreasing a long position

8400

361.20

10p ordinary share

Equity swap

decreasing a long position

12209

360.20

10p ordinary share

Equity swap

decreasing a long position

13251

358.20

10p ordinary share

Equity swap

decreasing a long position

13731

360.60

10p ordinary share

Equity swap

decreasing a long position

15947

361.00

10p ordinary share

Equity swap

decreasing a long position

16044

360.40

10p ordinary share

Equity swap

decreasing a long position

16600

362.20

10p ordinary share

Equity swap

decreasing a long position

17213

359.20

10p ordinary share

Equity swap

decreasing a long position

18339

360.80

10p ordinary share

Equity swap

decreasing a long position

19835

358.60

10p ordinary share

Equity swap

decreasing a long position

23309

359.40

10p ordinary share

Equity swap

decreasing a long position

23664

358.40

10p ordinary share

Equity swap

decreasing a long position

25805

359.88

10p ordinary share

Equity swap

decreasing a long position

29402

359.60

10p ordinary share

Equity swap

decreasing a long position

31242

358.80

10p ordinary share

Equity swap

decreasing a long position

41072

359.00

10p ordinary share

Equity swap

decreasing a long position

42447

359.80

10p ordinary share

Equity swap

decreasing a long position

326978

360.00

10p ordinary share

Equity swap

decreasing a long position

4413137

361.40

(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:

24-06-2024

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