Form 8.3 - DS Smith PLC

Quilter PLC

14 June 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	13/06/2024
(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"	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:	25,254,223	1.83
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	25,254,223	1.83

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	583	3.558
10p ordinary	Purchase	334	3.558
10p ordinary	Purchase	180	3.558
10p ordinary	Purchase	201	3.558
10p ordinary	Purchase	371	3.558
10p ordinary	Purchase	530	3.558
10p ordinary	Purchase	354	3.558
10p ordinary	Purchase	323	3.558
10p ordinary	Purchase	1,291	3.558
10p ordinary	Purchase	365	3.558
10p ordinary	Purchase	2,978	3.558
10p ordinary	Purchase	174	3.558
10p ordinary	Purchase	117	3.558
10p ordinary	Purchase	59	3.558
10p ordinary	Purchase	60	3.558
10p ordinary	Purchase	576	3.558
10p ordinary	Purchase	93	3.558
10p ordinary	Purchase	193	3.558
10p ordinary	Purchase	341	3.558
10p ordinary	Purchase	357	3.558
10p ordinary	Purchase	388	3.558
10p ordinary	Purchase	124	3.558
10p ordinary	Purchase	230	3.558
10p ordinary	Purchase	536	3.558
10p ordinary	Purchase	429	3.558
10p ordinary	Purchase	1,252	3.558
10p ordinary	Purchase	1,231	3.558
10p ordinary	Purchase	743	3.558
10p ordinary	Purchase	510	3.57308
10p ordinary	Purchase	247	3.571204
10p ordinary	Purchase	400	3.604
10p ordinary	Purchase	280	3.567018
10p ordinary	Purchase	150	3.567018
10p ordinary	Purchase	1,500	3.56902
10p ordinary	Purchase	740	3.563018
10p ordinary	Purchase	712	3.506
10p ordinary	Purchase	470	3.506
10p ordinary	Purchase	250	3.57128
10p ordinary	Sale	333	3.55805033
10p ordinary	Sale	400	3.524482
10p ordinary	Sale	161	3.55805033
10p ordinary	Sale	590	3.55805033
10p ordinary	Sale	205	3.574491
10p ordinary	Sale	509	3.55805033
10p ordinary	Sale	512	3.55805033
10p ordinary	Sale	312	3.55805033
10p ordinary	Sale	284	3.55805033
10p ordinary	Sale	539	3.55805033
10p ordinary	Sale	1,650	3.55805033
10p ordinary	Sale	258	3.55805033
10p ordinary	Sale	162	3.55805033
10p ordinary	Sale	274	3.55805033
10p ordinary	Sale	1,307	3.55805033
10p ordinary	Sale	216	3.55805033
10p ordinary	Sale	79	3.55805033
10p ordinary	Sale	106	3.55805033
10p ordinary	Sale	485	3.55805033
10p ordinary	Sale	828	3.55805033
10p ordinary	Sale	1,104	3.55805033
10p ordinary	Sale	124	3.55805033
10p ordinary	Sale	2,250	3.56336
10p ordinary	Sale	483	3.55805033
10p ordinary	Sale	507	3.55805033
10p ordinary	Sale	652	3.55805033
10p ordinary	Sale	198	3.55805033
10p ordinary	Sale	1,098	3.55805033
10p ordinary	Sale	92	3.55805033
10p ordinary	Sale	2,544	3.55805033
10p ordinary	Sale	1,346	3.55805033
10p ordinary	Sale	1,073	3.55805033
10p ordinary	Sale	1,019	3.55805033
10p ordinary	Sale	496	3.55805033
10p ordinary	Sale	1,164	3.55805033
10p ordinary	Sale	160	3.55805033
10p ordinary	Sale	162	3.55805033
10p ordinary	Sale	886	3.55805033
10p ordinary	Sale	114	3.55805033
10p ordinary	Sale	1,836	3.55805033
10p ordinary	Sale	299	3.55805033
10p ordinary	Sale	450	3.55805033
10p ordinary	Sale	965	3.55805033
10p ordinary	Sale	1,698	3.55805033
10p ordinary	Sale	348	3.55805033
10p ordinary	Sale	749	3.55805033
10p ordinary	Sale	560	3.55805033
10p ordinary	Sale	1,160	3.55805033
10p ordinary	Sale	187	3.55805033
10p ordinary	Sale	253	3.55805033
10p ordinary	Sale	512	3.55805033
10p ordinary	Sale	358	3.55805033
10p ordinary	Sale	701	3.55805033
10p ordinary	Sale	72	3.55805033
10p ordinary	Sale	375	3.55805033
10p ordinary	Sale	82	3.55805033
10p ordinary	Sale	345	3.55805033
10p ordinary	Sale	286	3.55805033
10p ordinary	Sale	301	3.55805033
10p ordinary	Sale	396	3.55805033
10p ordinary	Sale	160	3.55805033
10p ordinary	Sale	153	3.55805033
10p ordinary	Sale	185	3.55805033
10p ordinary	Sale	527	3.55805033
10p ordinary	Sale	563	3.55805033
10p ordinary	Sale	243	3.55805033
10p ordinary	Sale	176	3.55805033
10p ordinary	Sale	310	3.55805033
10p ordinary	Sale	292	3.55805033
10p ordinary	Sale	106	3.55805033
10p ordinary	Sale	294	3.55805033
10p ordinary	Sale	281	3.55805033
10p ordinary	Sale	371	3.55805033
10p ordinary	Sale	841	3.55805033
10p ordinary	Sale	1,753	3.55805033
10p ordinary	Sale	534	3.55805033
10p ordinary	Sale	173	3.55805033
10p ordinary	Sale	624	3.55805033
10p ordinary	Sale	308	3.55805033
10p ordinary	Sale	938	3.55805033
10p ordinary	Sale	78	3.55805033
10p ordinary	Sale	143	3.55805033
10p ordinary	Sale	387	3.55932
10p ordinary	Sale	151	3.55805033
10p ordinary	Sale	534	3.55805033
10p ordinary	Sale	484	3.55805033
10p ordinary	Sale	194	3.55805033
10p ordinary	Sale	1,324	3.55805033
10p ordinary	Sale	502	3.55805033
10p ordinary	Sale	334	3.55805033
10p ordinary	Sale	1,540	3.55805033
10p ordinary	Sale	269	3.55805033
10p ordinary	Sale	264	3.55805033
10p ordinary	Sale	436	3.55805033
10p ordinary	Sale	129	3.55805033
10p ordinary	Sale	140	3.55805033
10p ordinary	Sale	663	3.55805033
10p ordinary	Sale	75	3.55805033
10p ordinary	Sale	247	3.55805033
10p ordinary	Sale	307	3.55805033
10p ordinary	Sale	247	3.55805033
10p ordinary	Sale	468	3.55805033
10p ordinary	Sale	359	3.55805033
10p ordinary	Sale	403	3.55805033
10p ordinary	Sale	123	3.55805033
10p ordinary	Sale	195	3.55805033
10p ordinary	Sale	110	3.55805033
10p ordinary	Sale	400	3.563082
10p ordinary	Sale	717	3.55805033
10p ordinary	Sale	215	3.55805033
10p ordinary	Sale	268	3.55805033
10p ordinary	Sale	1,438	3.55805033
10p ordinary	Sale	1,135	3.55805033
10p ordinary	Sale	267	3.55805033
10p ordinary	Sale	497	3.55805033
10p ordinary	Sale	721	3.55805033
10p ordinary	Sale	99	3.55805033
10p ordinary	Sale	330	3.55805033
10p ordinary	Sale	222	3.55805033
10p ordinary	Sale	394	3.55805033
10p ordinary	Sale	310	3.55805033
10p ordinary	Sale	155	3.55805033
10p ordinary	Sale	260	3.55805033
10p ordinary	Sale	156	3.55805033
10p ordinary	Sale	138	3.55805033
10p ordinary	Sale	156	3.55805033
10p ordinary	Sale	138	3.55805033
10p ordinary	Sale	148	3.55805033
10p ordinary	Sale	138	3.55805033
10p ordinary	Sale	148	3.55805033
10p ordinary	Sale	525	3.55805033
10p ordinary	Sale	172	3.55805033
10p ordinary	Sale	654	3.55805033
10p ordinary	Sale	599	3.55805033
10p ordinary	Sale	329	3.55805033
10p ordinary	Sale	497	3.55805033
10p ordinary	Sale	257	3.55805033
10p ordinary	Sale	172	3.55805033
10p ordinary	Sale	95	3.55805033
10p ordinary	Sale	389	3.55805033
10p ordinary	Sale	1,110	3.55805033
10p ordinary	Sale	1,315	3.57448
10p ordinary	Sale	712	3.506
10p ordinary	Sale	647	3.55805033
10p ordinary	Sale	470	3.506
10p ordinary	Sale	349	3.55805033
10p ordinary	Sale	650	3.51972
10p ordinary	Sale	117	3.55805033
10p ordinary	Sale	179	3.55805033
10p ordinary	Sale	390	3.55805033
10p ordinary	Sale	477	3.55805033
10p ordinary	Sale	401	3.55805033
10p ordinary	Sale	532	3.55805033
10p ordinary	Sale	376	3.55805033
10p ordinary	Sale	160	3.55805033
10p ordinary	Sale	521	3.55805033
10p ordinary	Sale	312	3.55805033
10p ordinary	Sale	256	3.55805033
10p ordinary	Sale	397	3.55805033
10p ordinary	Sale	304	3.55805033
10p ordinary	Sale	268	3.55805033
10p ordinary	Sale	295	3.55805033
10p ordinary	Sale	775	3.57112
10p ordinary	Sale	250	3.55805033
10p ordinary	Sale	142	3.55805033
10p ordinary	Sale	189	3.55805033
10p ordinary	Sale	234	3.55805033
10p ordinary	Sale	650	3.55805033
10p ordinary	Sale	383	3.55805033
10p ordinary	Sale	360	3.55805033
10p ordinary	Sale	96	3.55805033
10p ordinary	Sale	345	3.55805033
10p ordinary	Sale	157	3.55805033
10p ordinary	Sale	418	3.55805033
10p ordinary	Sale	119	3.55805033
10p ordinary	Sale	220	3.55805033
10p ordinary	Sale	628	3.55805033
10p ordinary	Sale	322	3.55805033
10p ordinary	Sale	265	3.55805033
10p ordinary	Sale	273	3.55805033
10p ordinary	Sale	150	3.55805033
10p ordinary	Sale	626	3.55805033
10p ordinary	Sale	392	3.55805033
10p ordinary	Sale	191	3.55805033
10p ordinary	Sale	520	3.55805033
10p ordinary	Sale	458	3.55805033
10p ordinary	Sale	553	3.55805033
10p ordinary	Sale	1,223	3.55805033
10p ordinary	Sale	1,400	3.55805033
10p ordinary	Sale	1,038	3.55805033
10p ordinary	Sale	85	3.55805033
10p ordinary	Sale	1,106	3.55805033
10p ordinary	Sale	658	3.55805033
10p ordinary	Sale	452	3.55805033
10p ordinary	Sale	103	3.55805033
10p ordinary	Sale	201	3.55805033
10p ordinary	Sale	183	3.55805033
10p ordinary	Sale	697	3.55805033
10p ordinary	Sale	241	3.55805033
10p ordinary	Sale	417	3.55805033
10p ordinary	Sale	451	3.55805033
10p ordinary	Sale	440	3.55805033
10p ordinary	Sale	559	3.55805033
10p ordinary	Sale	332	3.55805033
10p ordinary	Sale	777	3.55805033
10p ordinary	Sale	576	3.55805033
10p ordinary	Sale	1,097	3.55805033
10p ordinary	Sale	1,111	3.55805033
10p ordinary	Sale	490	3.55805033
10p ordinary	Sale	182	3.55805033
10p ordinary	Sale	830	3.56516

 (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 out	2,500

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:	14/06/2024
Contact name:	Jenny Kan
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