Form 8.3 - DS Smith PLC

Quilter PLC

26 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	25/06/2024
(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:	25,451,381	1.84
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	25,451,381	1.84

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	3,350	3.086
10p ordinary	Purchase	1,000	3.74
10p ordinary	Purchase	220	3.677
10p ordinary	Purchase	840	3.676
10p ordinary	Purchase	1,810	3.698
10p ordinary	Purchase	830	3.676
10p ordinary	Purchase	620	3.676
10p ordinary	Purchase	1,520	3.676
10p ordinary	Purchase	610	3.675
10p ordinary	Purchase	940	3.677
10p ordinary	Purchase	320	3.675
10p ordinary	Purchase	510	3.676
10p ordinary	Purchase	510	3.676
10p ordinary	Purchase	630	3.676
10p ordinary	Purchase	2,480	3.676
10p ordinary	Purchase	390	3.677
10p ordinary	Purchase	490	3.676
10p ordinary	Purchase	1,270	3.676
10p ordinary	Purchase	670	3.676
10p ordinary	Purchase	650	3.675
10p ordinary	Purchase	1,380	3.746
10p ordinary	Purchase	290	3.676
10p ordinary	Purchase	470	3.677
10p ordinary	Purchase	490	3.676
10p ordinary	Purchase	310	3.677
10p ordinary	Purchase	4,610	3.676
10p ordinary	Purchase	4,260	3.676
10p ordinary	Purchase	830	3.676
10p ordinary	Purchase	860	3.676
10p ordinary	Purchase	340	3.676
10p ordinary	Purchase	250	3.676
10p ordinary	Purchase	220	3.677
10p ordinary	Purchase	270	3.678
10p ordinary	Purchase	3,000	3.676
10p ordinary	Purchase	4,220	3.676
10p ordinary	Purchase	530	3.675
10p ordinary	Purchase	490	3.676
10p ordinary	Purchase	450	3.676
10p ordinary	Purchase	1,330	3.676
10p ordinary	Purchase	1,050	3.676
10p ordinary	Purchase	440	3.675
10p ordinary	Purchase	450	3.676
10p ordinary	Purchase	250	3.676
10p ordinary	Purchase	1,950	3.676
10p ordinary	Purchase	390	3.677
10p ordinary	Purchase	200	3.675
10p ordinary	Purchase	580	3.676
10p ordinary	Purchase	785	3.676
10p ordinary	Purchase	180	3.678
10p ordinary	Purchase	330	3.676
10p ordinary	Purchase	370	3.676
10p ordinary	Purchase	260	3.677
10p ordinary	Purchase	820	3.676
10p ordinary	Purchase	90	3.678
10p ordinary	Purchase	1,600	3.676
10p ordinary	Purchase	650	3.675
10p ordinary	Purchase	2,410	3.676
10p ordinary	Purchase	1,020	3.676
10p ordinary	Purchase	750	3.676
10p ordinary	Purchase	3,110	3.677
10p ordinary	Purchase	180	3.678
10p ordinary	Purchase	1,000	3.676
10p ordinary	Purchase	490	3.676
10p ordinary	Purchase	270	3.678
10p ordinary	Purchase	200	3.675
10p ordinary	Purchase	210	3.676
10p ordinary	Purchase	570	3.675
10p ordinary	Purchase	380	3.676
10p ordinary	Purchase	780	3.676
10p ordinary	Purchase	1,400	3.676
10p ordinary	Purchase	300	3.677
10p ordinary	Purchase	1,650	3.676
10p ordinary	Purchase	980	3.677
10p ordinary	Purchase	1,440	3.676
10p ordinary	Purchase	390	3.677
10p ordinary	Purchase	2,960	3.676
10p ordinary	Purchase	1,850	3.676
10p ordinary	Purchase	450	3.673
10p ordinary	Purchase	540	3.676
10p ordinary	Purchase	600	3.677
10p ordinary	Purchase	370	3.676
10p ordinary	Purchase	470	3.677
10p ordinary	Purchase	1,900	3.676
10p ordinary	Purchase	6,000	3.676
10p ordinary	Purchase	5,000	3.676
10p ordinary	Purchase	4,100	3.676
10p ordinary	Purchase	5,550	3.676
10p ordinary	Purchase	3,750	3.676
10p ordinary	Purchase	900	3.676
10p ordinary	Purchase	660	3.676
10p ordinary	Purchase	780	3.676
10p ordinary	Purchase	750	3.676
10p ordinary	Purchase	780	3.676
10p ordinary	Purchase	220	3.677
10p ordinary	Purchase	220	3.677
10p ordinary	Purchase	220	3.677
10p ordinary	Purchase	220	3.677
10p ordinary	Purchase	220	3.677
10p ordinary	Purchase	220	3.677
10p ordinary	Purchase	50	3.68
10p ordinary	Purchase	470	3.677
10p ordinary	Purchase	240	3.675
10p ordinary	Purchase	140	3.679
10p ordinary	Purchase	250	3.676
10p ordinary	Purchase	410	3.676
10p ordinary	Purchase	219	3.708
10p ordinary	Purchase	740	3.676
10p ordinary	Purchase	750	3.676
10p ordinary	Purchase	2,470	3.676
10p ordinary	Purchase	320	3.675
10p ordinary	Purchase	1,540	3.676
10p ordinary	Purchase	870	3.676
10p ordinary	Purchase	1,480	3.676
10p ordinary	Purchase	400	3.675
10p ordinary	Purchase	160	3.675
10p ordinary	Purchase	870	3.676
10p ordinary	Purchase	610	3.675
10p ordinary	Purchase	750	3.676
10p ordinary	Purchase	140	3.679
10p ordinary	Purchase	1,660	3.676
10p ordinary	Purchase	630	3.676
10p ordinary	Purchase	970	3.676
10p ordinary	Purchase	650	3.675
10p ordinary	Purchase	760	3.676
10p ordinary	Purchase	240	3.675
10p ordinary	Purchase	120	3.675
10p ordinary	Purchase	990	3.676
10p ordinary	Purchase	1,980	3.676
10p ordinary	Purchase	750	3.676
10p ordinary	Purchase	290	3.659
10p ordinary	Purchase	580	3.676
10p ordinary	Purchase	3,980	3.676
10p ordinary	Purchase	840	3.676
10p ordinary	Purchase	160	3.675
10p ordinary	Purchase	530	3.675
10p ordinary	Purchase	590	3.676
10p ordinary	Purchase	1,190	3.676
10p ordinary	Purchase	2,740	3.677
10p ordinary	Purchase	255	3.659
10p ordinary	Purchase	2,260	3.676
10p ordinary	Purchase	20	3.7
10p ordinary	Purchase	930	3.676
10p ordinary	Purchase	283	3.682
10p ordinary	Purchase	1,240	3.676
10p ordinary	Purchase	370	3.676
10p ordinary	Purchase	323	3.678
10p ordinary	Sale	1,350	3.691
10p ordinary	Sale	164	3.634
10p ordinary	Sale	88	3.636
10p ordinary	Sale	32	3.656
10p ordinary	Sale	600	3.65
10p ordinary	Sale	399	3.657
10p ordinary	Sale	1,500	3.651
10p ordinary	Sale	1,400	3.655
10p ordinary	Sale	823	3.657
10p ordinary	Sale	3,240	4.218
10p ordinary	Sale	3,245	4.294

 (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	1.208
10p ordinary	Transfer Out	1.665

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:	26/06/2024
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