Form 8.3 - DS Smith PLC

Quilter PLC

23 September 2024

 

 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:	Quilter PLC (and subsidiaries)
(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	20/09/2024
(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"	No

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
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	15,606,244	1.13
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	15,606,244	1.13

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:
Details, including nature of the rights concerned and relevant percentages:

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
10p ordinary	Purchase	1,349	4.805116
10p ordinary	Purchase	230	4.776784
10p ordinary	Purchase	85	4.789438
10p ordinary	Sale	435	4.763323
10p ordinary	Sale	550	4.78488
10p ordinary	Sale	535	4.763323
10p ordinary	Sale	572	4.6985
10p ordinary	Sale	600	4.76132
10p ordinary	Sale	860	4.6985
10p ordinary	Sale	680	4.763323
10p ordinary	Sale	1,200	4.72088
10p ordinary	Sale	650	4.76288
10p ordinary	Sale	1,200	4.72088
10p ordinary	Sale	2,425	4.6985
10p ordinary	Sale	680	4.763323
10p ordinary	Sale	480	4.763323
10p ordinary	Sale	3,200	4.6985
10p ordinary	Sale	1,250	4.6985
10p ordinary	Sale	1,155	4.6985
10p ordinary	Sale	226	4.6985
10p ordinary	Sale	550	4.6985
10p ordinary	Sale	665	4.81688
10p ordinary	Sale	540	4.6985
10p ordinary	Sale	431	4.6985
10p ordinary	Sale	862	4.6985
10p ordinary	Sale	326	4.6985
10p ordinary	Sale	169	4.6985
10p ordinary	Sale	1,000	4.6985
10p ordinary	Sale	598	4.6985
10p ordinary	Sale	830	4.6985
10p ordinary	Sale	1,800	4.71288
10p ordinary	Sale	1,150	4.6985
10p ordinary	Sale	1,700	4.6985
10p ordinary	Sale	500	4.6985
10p ordinary	Sale	10,000	4.6985
10p ordinary	Sale	10,000	4.6985
10p ordinary	Sale	994	4.6985
10p ordinary	Sale	756	4.6985
10p ordinary	Sale	250	4.79844
10p ordinary	Sale	422	4.6985
10p ordinary	Sale	3,000	4.6985
10p ordinary	Sale	490	4.6985
10p ordinary	Sale	813	4.6985
10p ordinary	Sale	813	4.6985
10p ordinary	Sale	3,076	4.6985
10p ordinary	Sale	402	4.6985
10p ordinary	Sale	784	4.6985
10p ordinary	Sale	485	4.6985
10p ordinary	Sale	480	4.6985
10p ordinary	Sale	320	4.6985
10p ordinary	Sale	401	4.6985
10p ordinary	Sale	408	4.81888
10p ordinary	Sale	494	4.6985
10p ordinary	Sale	1,568	4.6985
10p ordinary	Sale	580	4.6985
10p ordinary	Sale	714	4.6985
10p ordinary	Sale	673	4.6985
10p ordinary	Sale	4,396	4.6985
10p ordinary	Sale	296	4.6985
10p ordinary	Sale	323	4.6985
10p ordinary	Sale	310	4.6985
10p ordinary	Sale	173	4.6985
10p ordinary	Sale	154	4.6985
10p ordinary	Sale	181	4.6985
10p ordinary	Sale	12,727	4.788
10p ordinary	Sale	900	4.6985
10p ordinary	Sale	954	4.763323
10p ordinary	Sale	2,000	4.76132
10p ordinary	Sale	3,100	4.81644
10p ordinary	Sale	105	4.722411
10p ordinary	Sale	825	4.78088
10p ordinary	Sale	3,180	4.79288
10p ordinary	Sale	637	4.684221
10p ordinary	Sale	10,000	4.774
10p ordinary	Sale	1,900	4.6985
10p ordinary	Sale	1,445	4.732755
10p ordinary	Sale	705	4.72088
10p ordinary	Sale	1,000	4.6985

 (b)       Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit

(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	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)
10p ordinary	Transfer In	1,119
10p ordinary	Transfer Out	4,364

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:	23/09/2024
Contact name:	Henry Nevin
Telephone number:	[phone]

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 [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END