Form 8.3 - DS Smith plc

Business Wire

Fri, Oct 18, 2024, 11:07 AM9 min read

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LONDON, October 18, 2024--(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	17-10-2024
(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:	20,419,493	1.48	0	0.0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	20,419,493	1.48	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	40	458.40
10p ordinary share	Equity swap	increasing a long position	42	458.00
10p ordinary share	Equity swap	increasing a long position	47	458.80
10p ordinary share	Equity swap	increasing a long position	69	466.80
10p ordinary share	Equity swap	increasing a long position	172	468.60
10p ordinary share	Equity swap	increasing a long position	245	471.20
10p ordinary share	Equity swap	increasing a long position	306	468.80
10p ordinary share	Equity swap	increasing a long position	315	457.80
10p ordinary share	Equity swap	increasing a long position	441	456.60
10p ordinary share	Equity swap	increasing a long position	491	467.40
10p ordinary share	Equity swap	increasing a long position	575	468.40
10p ordinary share	Equity swap	increasing a long position	630	462.60
10p ordinary share	Equity swap	increasing a long position	645	459.00
10p ordinary share	Equity swap	increasing a long position	663	461.70
10p ordinary share	Equity swap	increasing a long position	941	469.00
10p ordinary share	Equity swap	increasing a long position	1006	469.40
10p ordinary share	Equity swap	increasing a long position	1148	462.40
10p ordinary share	Equity swap	increasing a long position	1251	457.00
10p ordinary share	Equity swap	increasing a long position	1293	459.60
10p ordinary share	Equity swap	increasing a long position	2000	470.00
10p ordinary share	Equity swap	increasing a long position	2126	457.10
10p ordinary share	Equity swap	increasing a long position	2403	469.60
10p ordinary share	Equity swap	increasing a long position	2665	457.40
10p ordinary share	Equity swap	increasing a long position	2784	464.30
10p ordinary share	Equity swap	increasing a long position	2914	461.90
10p ordinary share	Equity swap	increasing a long position	3601	459.80
10p ordinary share	Equity swap	increasing a long position	3833	457.60
10p ordinary share	Equity swap	increasing a long position	3896	461.40
10p ordinary share	Equity swap	increasing a long position	3980	459.20
10p ordinary share	Equity swap	increasing a long position	3995	459.40
10p ordinary share	Equity swap	increasing a long position	4697	462.20
10p ordinary share	Equity swap	increasing a long position	4744	460.60
10p ordinary share	Equity swap	increasing a long position	5022	457.20
10p ordinary share	Equity swap	increasing a long position	5605	461.80
10p ordinary share	Equity swap	increasing a long position	6052	468.00
10p ordinary share	Equity swap	increasing a long position	8051	461.20
10p ordinary share	Equity swap	increasing a long position	8164	461.00
10p ordinary share	Equity swap	increasing a long position	8422	464.60
10p ordinary share	Equity swap	increasing a long position	8540	461.60
10p ordinary share	Equity swap	increasing a long position	8594	464.80
10p ordinary share	Equity swap	increasing a long position	10000	467.80
10p ordinary share	Equity swap	increasing a long position	10026	464.20
10p ordinary share	Equity swap	increasing a long position	10338	463.00
10p ordinary share	Equity swap	increasing a long position	10927	460.40
10p ordinary share	Equity swap	increasing a long position	12954	460.80
10p ordinary share	Equity swap	increasing a long position	13278	462.00
10p ordinary share	Equity swap	increasing a long position	15955	464.40
10p ordinary share	Equity swap	increasing a long position	17225	460.00
10p ordinary share	Equity swap	increasing a long position	17774	463.40
10p ordinary share	Equity swap	increasing a long position	17960	467.00
10p ordinary share	Equity swap	increasing a long position	19372	463.60
10p ordinary share	Equity swap	increasing a long position	22576	463.80
10p ordinary share	Equity swap	increasing a long position	27169	460.20
10p ordinary share	Equity swap	increasing a long position	34071	464.00
10p ordinary share	Equity swap	increasing a long position	34998	467.20
10p ordinary share	Equity swap	increasing a long position	47178	463.20
10p ordinary share	Equity swap	increasing a long position	176172	462.80
10p ordinary share	Equity swap	decreasing a long position	21	460.40
10p ordinary share	Equity swap	decreasing a long position	38	459.80
10p ordinary share	Equity swap	decreasing a long position	51	460.20
10p ordinary share	Equity swap	decreasing a long position	58	461.80
10p ordinary share	Equity swap	decreasing a long position	88	461.60
10p ordinary share	Equity swap	decreasing a long position	136	463.80
10p ordinary share	Equity swap	decreasing a long position	164	457.80
10p ordinary share	Equity swap	decreasing a long position	191	463.40
10p ordinary share	Equity swap	decreasing a long position	201	464.00
10p ordinary share	Equity swap	decreasing a long position	247	468.60
10p ordinary share	Equity swap	decreasing a long position	291	457.40
10p ordinary share	Equity swap	decreasing a long position	368	456.40
10p ordinary share	Equity swap	decreasing a long position	369	456.00
10p ordinary share	Equity swap	decreasing a long position	386	458.20
10p ordinary share	Equity swap	decreasing a long position	591	461.00
10p ordinary share	Equity swap	decreasing a long position	630	457.20
10p ordinary share	Equity swap	decreasing a long position	679	464.20
10p ordinary share	Equity swap	decreasing a long position	701	464.40
10p ordinary share	Equity swap	decreasing a long position	724	462.20
10p ordinary share	Equity swap	decreasing a long position	754	457.00
10p ordinary share	Equity swap	decreasing a long position	762	463.00
10p ordinary share	Equity swap	decreasing a long position	784	461.20
10p ordinary share	Equity swap	decreasing a long position	836	462.00
10p ordinary share	Equity swap	decreasing a long position	1000	458.80
10p ordinary share	Equity swap	decreasing a long position	1134	460.80
10p ordinary share	Equity swap	decreasing a long position	1455	463.60
10p ordinary share	Equity swap	decreasing a long position	1544	464.60
10p ordinary share	Equity swap	decreasing a long position	2296	463.20
10p ordinary share	Equity swap	decreasing a long position	2917	462.40
10p ordinary share	Equity swap	decreasing a long position	2968	456.60
10p ordinary share	Equity swap	decreasing a long position	3234	456.20
10p ordinary share	Equity swap	decreasing a long position	6380	456.80
10p ordinary share	Equity swap	decreasing a long position	6936	462.80
10p ordinary share	Equity swap	decreasing a long position	12865	467.00
10p ordinary share	Equity swap	decreasing a long position	12934	459.60
10p ordinary share	Equity swap	decreasing a long position	25529	459.40
10p ordinary share	Equity swap	decreasing a long position	50503	457.60
10p ordinary share	Equity swap	decreasing a long position	122353	460.00

(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:	18-10-2024
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/20241018452656/en/

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Form 8.3 - DS Smith plc