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	26-07-2024
(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	0.0
(2)Cash-settled derivatives:	18,148,422	1.32	0	0.0
(3)Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	18,148,422	1.32	0	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	4	449.20
10p ordinary share	Equity swap	increasing a long position	129	460.60
10p ordinary share	Equity swap	increasing a long position	131	461.60
10p ordinary share	Equity swap	increasing a long position	137	462.20
10p ordinary share	Equity swap	increasing a long position	170	463.40
10p ordinary share	Equity swap	increasing a long position	181	453.80
10p ordinary share	Equity swap	increasing a long position	209	463.20
10p ordinary share	Equity swap	increasing a long position	238	458.60
10p ordinary share	Equity swap	increasing a long position	238	460.20
10p ordinary share	Equity swap	increasing a long position	260	462.00
10p ordinary share	Equity swap	increasing a long position	272	451.60
10p ordinary share	Equity swap	increasing a long position	312	460.80
10p ordinary share	Equity swap	increasing a long position	370	462.40
10p ordinary share	Equity swap	increasing a long position	453	459.80
10p ordinary share	Equity swap	increasing a long position	473	456.60
10p ordinary share	Equity swap	increasing a long position	482	463.00
10p ordinary share	Equity swap	increasing a long position	512	454.80
10p ordinary share	Equity swap	increasing a long position	586	462.60
10p ordinary share	Equity swap	increasing a long position	612	451.20
10p ordinary share	Equity swap	increasing a long position	637	449.40
10p ordinary share	Equity swap	increasing a long position	666	461.40
10p ordinary share	Equity swap	increasing a long position	678	455.00
10p ordinary share	Equity swap	increasing a long position	827	450.80
10p ordinary share	Equity swap	increasing a long position	922	452.40
10p ordinary share	Equity swap	increasing a long position	1009	455.80
10p ordinary share	Equity swap	increasing a long position	1039	460.00
10p ordinary share	Equity swap	increasing a long position	1108	455.60
10p ordinary share	Equity swap	increasing a long position	1200	449.80
10p ordinary share	Equity swap	increasing a long position	1266	449.60
10p ordinary share	Equity swap	increasing a long position	1437	451.80
10p ordinary share	Equity swap	increasing a long position	1563	456.80
10p ordinary share	Equity swap	increasing a long position	1857	456.20
10p ordinary share	Equity swap	increasing a long position	2552	450.40
10p ordinary share	Equity swap	increasing a long position	2846	461.20
10p ordinary share	Equity swap	increasing a long position	2884	450.60
10p ordinary share	Equity swap	increasing a long position	3440	456.00
10p ordinary share	Equity swap	increasing a long position	4204	452.00
10p ordinary share	Equity swap	increasing a long position	9239	450.00
10p ordinary share	Equity swap	increasing a long position	15774	451.00
10p ordinary share	Equity swap	increasing a long position	32920	459.00
10p ordinary share	Equity swap	increasing a long position	225023	456.40
10p ordinary share	Equity swap	decreasing a long position	117	453.60
10p ordinary share	Equity swap	decreasing a long position	172	455.20
10p ordinary share	Equity swap	decreasing a long position	193	457.00
10p ordinary share	Equity swap	decreasing a long position	215	450.40
10p ordinary share	Equity swap	decreasing a long position	232	455.00
10p ordinary share	Equity swap	decreasing a long position	280	449.80
10p ordinary share	Equity swap	decreasing a long position	298	459.50
10p ordinary share	Equity swap	decreasing a long position	337	455.40
10p ordinary share	Equity swap	decreasing a long position	360	463.10
10p ordinary share	Equity swap	decreasing a long position	415	452.40
10p ordinary share	Equity swap	decreasing a long position	464	461.80
10p ordinary share	Equity swap	decreasing a long position	484	453.80
10p ordinary share	Equity swap	decreasing a long position	496	459.90
10p ordinary share	Equity swap	decreasing a long position	511	456.80
10p ordinary share	Equity swap	decreasing a long position	527	458.00
10p ordinary share	Equity swap	decreasing a long position	536	450.60
10p ordinary share	Equity swap	decreasing a long position	620	462.00
10p ordinary share	Equity swap	decreasing a long position	701	451.40
10p ordinary share	Equity swap	decreasing a long position	783	452.00
10p ordinary share	Equity swap	decreasing a long position	839	457.80
10p ordinary share	Equity swap	decreasing a long position	869	454.00
10p ordinary share	Equity swap	decreasing a long position	875	457.60
10p ordinary share	Equity swap	decreasing a long position	956	454.40
10p ordinary share	Equity swap	decreasing a long position	1013	455.80
10p ordinary share	Equity swap	decreasing a long position	1013	461.10
10p ordinary share	Equity swap	decreasing a long position	1137	459.80
10p ordinary share	Equity swap	decreasing a long position	1185	452.60
10p ordinary share	Equity swap	decreasing a long position	1258	460.80
10p ordinary share	Equity swap	decreasing a long position	1263	450.80
10p ordinary share	Equity swap	decreasing a long position	1339	457.40
10p ordinary share	Equity swap	decreasing a long position	1349	458.20
10p ordinary share	Equity swap	decreasing a long position	1359	460.20
10p ordinary share	Equity swap	decreasing a long position	1646	459.40
10p ordinary share	Equity swap	decreasing a long position	1722	449.40
10p ordinary share	Equity swap	decreasing a long position	1863	463.60
10p ordinary share	Equity swap	decreasing a long position	2093	462.40
10p ordinary share	Equity swap	decreasing a long position	2126	460.40
10p ordinary share	Equity swap	decreasing a long position	2228	463.80
10p ordinary share	Equity swap	decreasing a long position	2376	456.40
10p ordinary share	Equity swap	decreasing a long position	2455	454.20
10p ordinary share	Equity swap	decreasing a long position	2621	454.60
10p ordinary share	Equity swap	decreasing a long position	2840	456.60
10p ordinary share	Equity swap	decreasing a long position	3111	454.80
10p ordinary share	Equity swap	decreasing a long position	3178	455.60
10p ordinary share	Equity swap	decreasing a long position	3420	461.60
10p ordinary share	Equity swap	decreasing a long position	3789	459.60
10p ordinary share	Equity swap	decreasing a long position	4077	461.00
10p ordinary share	Equity swap	decreasing a long position	4104	463.40
10p ordinary share	Equity swap	decreasing a long position	4449	458.60
10p ordinary share	Equity swap	decreasing a long position	4468	460.00
10p ordinary share	Equity swap	decreasing a long position	5407	460.60
10p ordinary share	Equity swap	decreasing a long position	5595	459.00
10p ordinary share	Equity swap	decreasing a long position	5757	462.20
10p ordinary share	Equity swap	decreasing a long position	5968	462.60
10p ordinary share	Equity swap	decreasing a long position	6647	459.20
10p ordinary share	Equity swap	decreasing a long position	6896	463.20
10p ordinary share	Equity swap	decreasing a long position	7097	456.00
10p ordinary share	Equity swap	decreasing a long position	7187	461.20
10p ordinary share	Equity swap	decreasing a long position	7966	458.40
10p ordinary share	Equity swap	decreasing a long position	8581	463.00
10p ordinary share	Equity swap	decreasing a long position	9907	462.80
10p ordinary share	Equity swap	decreasing a long position	13903	456.20
10p ordinary share	Equity swap	decreasing a long position	18898	458.80

(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:	29-07-2024
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/20240729537085/en/

Qube Research & Technologies LTD

Source: Qube Research & Technologies LTD