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FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR
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MORE
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Rule 8.3 of the Takeover Code (the "Code")
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1.
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KEY INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
positions disclosed, if different from 1(a):
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(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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DS SMITH PLC
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(d)
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If an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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22 Jul 2024
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(f)
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In addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the offer?
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YES:
INTERNATIONAL PAPER COMPANY
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2.
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POSITIONS OF THE PERSON MAKING THE DISCLOSURE
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(a)
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Interests and short positions in the relevant securities of the offeror or offeree
to which the disclosure relates following the dealing(if any)
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Class of relevant security:
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10p ordinary
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Interests
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Short Positions
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Number
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(%)
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Number
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(%)
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(1) Relevant securities owned and/or controlled:
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35,984,876
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2.61%
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28,091,122
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2.04%
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(2) Cash-settled derivatives:
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7,656,604
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0.55%
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35,941,484
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2.61%
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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43,641,480
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3.16%
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64,032,606
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4.64%
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(b)
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Rights to subscribe for new securities (including directors and
other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Number of
securities
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Price per unit
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10p ordinary
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Purchase
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229,588
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4.5277 GBP
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10p ordinary
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Purchase
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183,445
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4.5180 GBP
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10p ordinary
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Purchase
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122,204
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4.5173 GBP
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10p ordinary
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Purchase
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89,573
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4.5117 GBP
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10p ordinary
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Purchase
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86,482
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4.5119 GBP
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10p ordinary
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Purchase
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52,682
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4.5171 GBP
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10p ordinary
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Purchase
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22,817
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4.5072 GBP
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10p ordinary
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Purchase
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6,324
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4.4940 GBP
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10p ordinary
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Purchase
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5,703
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4.5003 GBP
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10p ordinary
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Purchase
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3,922
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4.4850 GBP
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10p ordinary
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Purchase
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2,834
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4.5251 GBP
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10p ordinary
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Purchase
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2,759
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4.4972 GBP
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10p ordinary
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Purchase
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2,568
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4.4945 GBP
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10p ordinary
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Purchase
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2,453
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4.5049 GBP
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10p ordinary
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Purchase
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1,278
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4.4900 GBP
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10p ordinary
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Purchase
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1,171
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4.4680 GBP
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10p ordinary
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Purchase
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733
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4.5120 GBP
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10p ordinary
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Purchase
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643
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4.4920 GBP
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10p ordinary
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Purchase
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643
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4.4915 GBP
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10p ordinary
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Purchase
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631
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4.4539 GBP
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10p ordinary
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Purchase
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607
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4.5260 GBP
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10p ordinary
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Purchase
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535
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4.5310 GBP
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10p ordinary
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Purchase
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395
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4.4960 GBP
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10p ordinary
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Purchase
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348
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4.4820 GBP
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10p ordinary
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Purchase
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153
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4.5320 GBP
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10p ordinary
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Purchase
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69
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4.4840 GBP
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10p ordinary
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Sale
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302,879
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4.5184 GBP
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10p ordinary
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Sale
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232,054
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4.5211 GBP
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10p ordinary
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Sale
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112,034
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4.5117 GBP
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10p ordinary
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Sale
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73,893
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4.5105 GBP
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10p ordinary
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Sale
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49,552
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4.5293 GBP
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10p ordinary
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Sale
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45,192
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4.5262 GBP
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10p ordinary
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Sale
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43,894
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4.5183 GBP
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10p ordinary
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Sale
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39,039
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4.5245 GBP
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10p ordinary
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Sale
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34,902
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4.5180 GBP
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10p ordinary
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Sale
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29,026
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4.5203 GBP
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10p ordinary
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Sale
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26,426
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4.4421 GBP
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10p ordinary
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Sale
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22,446
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4.5267 GBP
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10p ordinary
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Sale
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20,776
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4.5260 GBP
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10p ordinary
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Sale
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13,480
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4.5295 GBP
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10p ordinary
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Sale
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9,330
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4.5297 GBP
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10p ordinary
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Sale
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6,860
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4.5257 GBP
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10p ordinary
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Sale
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4,327
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4.5268 GBP
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10p ordinary
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Sale
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3,171
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4.4791 GBP
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10p ordinary
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Sale
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2,460
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4.5301 GBP
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10p ordinary
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Sale
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1,512
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4.5285 GBP
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10p ordinary
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Sale
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1,171
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4.4680 GBP
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10p ordinary
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Sale
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643
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4.4920 GBP
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10p ordinary
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Sale
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604
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4.4560 GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product description
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Nature of dealing
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Number of
reference
securities
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Price per
unit
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10p ordinary
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CFD
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Decreasing Short
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10,287
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4.5180 GBP
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10p ordinary
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CFD
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Increasing Short
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1,171
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4.4680 GBP
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10p ordinary
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CFD
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Increasing Short
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69
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4.4843 GBP
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10p ordinary
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CFD
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Increasing Short
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332
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4.5180 GBP
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10p ordinary
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SWAP
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Increasing Long
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1,847
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4.5172 GBP
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10p ordinary
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SWAP
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Increasing Long
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14,325
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4.5173 GBP
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10p ordinary
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SWAP
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Decreasing Short
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604
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4.4560 GBP
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10p ordinary
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SWAP
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Decreasing Short
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3,171
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4.4791 GBP
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10p ordinary
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SWAP
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Decreasing Short
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112,034
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4.5117 GBP
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10p ordinary
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SWAP
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Decreasing Short
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30,355
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4.5175 GBP
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10p ordinary
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SWAP
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Decreasing Short
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81,376
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4.5180 GBP
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10p ordinary
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SWAP
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Increasing Short
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1,200
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4.4680 GBP
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10p ordinary
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SWAP
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Increasing Short
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348
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4.4820 GBP
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10p ordinary
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SWAP
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Increasing Short
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3,922
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4.4850 GBP
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10p ordinary
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SWAP
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Increasing Short
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86,482
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4.5119 GBP
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10p ordinary
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SWAP
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Increasing Short
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59,656
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4.5183 GBP
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10p ordinary
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SWAP
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Increasing Long
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29,026
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4.5203 GBP
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10p ordinary
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SWAP
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Decreasing Long
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5,480
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4.5054 GBP
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10p ordinary
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SWAP
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Decreasing Long
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17,337
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4.5078 GBP
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10p ordinary
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SWAP
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Decreasing Long
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30
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4.5120 GBP
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10p ordinary
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SWAP
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Decreasing Short
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26,426
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4.4421 GBP
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10p ordinary
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SWAP
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Decreasing Short
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73,893
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4.5105 GBP
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10p ordinary
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SWAP
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Decreasing Short
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85,327
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4.5180 GBP
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10p ordinary
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SWAP
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Increasing Short
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631
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4.4540 GBP
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10p ordinary
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SWAP
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Increasing Short
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37,546
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4.5175 GBP
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10p ordinary
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SWAP
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Increasing Short
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25,000
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4.5180 GBP
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(c)
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Stock-settled derivative transactions
(including options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
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(ii)
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Exercising
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Class of relevant
security
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Product description
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Exercising/ exercised against
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Number of
securities
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Exercise price per
unit
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(d)
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Other dealings (including subscribing for
new securities)
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Class of relevant
security
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Nature of Dealings
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Details
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Price per unit (if
applicable)
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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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:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options or
derivatives
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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 of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
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NONE
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(c)
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Attachments
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Is a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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23 Jul 2024
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Contact name:
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Large Holdings Regulatory Operations
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Telephone number:
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020 3134 7213
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