Form 8.3 - Smith (DS) 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:	Millennium International Management LP
(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	Smith (DS) 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	27^th March 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, Mondi plc and 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 (GB0008220112)
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	-	-	-	-
(2) Cash-settled derivatives:	16,061,548	1.166%	1,232,505	0.089%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	-	-	-	-
TOTAL:	16,061,548	1.166%	1,232,505	0.089%

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 (GBP)

(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 (GBP)
GB0008220112	Equity Swap	Reducing a long position	13,534	3.57 GBP
GB0008220112	Equity Swap	Reducing a long position	257	3.60 GBP
GB0008220112	Equity Swap	Reducing a long position	29,901	3.60 GBP
GB0008220112	Equity Swap	Reducing a long position	219,943	3.59 GBP
GB0008220112	Equity Swap	Increasing a long position	30,000	3.53 GBP
GB0008220112	Equity Swap	Reducing a long position	331,074	3.59 GBP
GB0008220112	Equity Swap	Increasing a long position	58,773	3.53 GBP
GB0008220112	Equity Swap	Increasing a long position	614,426	3.87 GBP
GB0008220112	Equity Swap	Reducing a long position	18,222	3.91 GBP
GB0008220112	Equity Swap	Reducing a long position	5,268	3.88 GBP
GB0008220112	Equity Swap	Reducing a long position	607,030	3.94 GBP
GB0008220112	Equity Swap	Reducing a long position	204,753	3.90 GBP
GB0008220112	Equity Swap	Increasing a long position	94,327	3.87 GBP
GB0008220112	Equity Swap	Reducing a long position	292,099	3.86 GBP
GB0008220112	Equity Swap	Reducing a long position	587,182	3.90 GBP
GB0008220112	Equity Swap	Reducing a long position	100,000	3.96 GBP
GB0008220112	Equity Swap	Reducing a long position	216,615	3.90 GBP
GB0008220112	Equity Swap	Reducing a long position	321	3.90 GBP
GB0008220112	Equity Swap	Reducing a long position	9,407	3.97 GBP
GB0008220112	Equity Swap	Increasing a long position	183,127	3.86 GBP
GB0008220112	Equity Swap	Increasing a long position	2,157	3.86 GBP
GB0008220112	Equity Swap	Increasing a long position	14,384	3.88 GBP
GB0008220112	Equity Swap	Increasing a long position	70,031	3.97 GBP
GB0008220112	Equity Swap	Increasing a long position	145,349	3.94 GBP
GB0008220112	Equity Swap	Increasing a long position	512,788	3.87 GBP
GB0008220112	Equity Swap	Reducing a long position	29	3.97 GBP
GB0008220112	Equity Swap	Increasing a long position	32,801	3.97 GBP
GB0008220112	Equity Swap	Reducing a long position	10,385	3.97 GBP
GB0008220112	Equity Swap	Increasing a long position	346	3.87 GBP
GB0008220112	Equity Swap	Increasing a long position	1,478	3.93 GBP
GB0008220112	Equity Swap	Reducing a long position	710,237	3.86 GBP
GB0008220112	Equity Swap	Reducing a long position	262,717	3.87 GBP
GB0008220112	Equity Swap	Reducing a long position	501,506	3.90 GBP
GB0008220112	Equity Swap	Increasing a long position	21,386	3.89 GBP
GB0008220112	Equity Swap	Increasing a long position	174,956	3.95 GBP
GB0008220112	Equity Swap	Increasing a long position	423	3.95 GBP
GB0008220112	Equity Swap	Reducing a long position	17,342	3.89 GBP
GB0008220112	Equity Swap	Reducing a long position	216,832	3.92 GBP
GB0008220112	Equity Swap	Increasing a long position	12,624	3.91 GBP
GB0008220112	Equity Swap	Increasing a long position	174,639	3.92 GBP
GB0008220112	Equity Swap	Reducing a long position	16,135	3.92 GBP
GB0008220112	Equity Swap	Reducing a long position	509	3.96 GBP
GB0008220112	Equity Swap	Reducing a long position	8,492	3.92 GBP
GB0008220112	Equity Swap	Reducing a long position	1,447	3.97 GBP
GB0008220112	Equity Swap	Increasing a long position	228,236	3.91 GBP
GB0008220112	Equity Swap	Increasing a long position	1,490	3.87 GBP
GB0008220112	Equity Swap	Increasing a long position	9,768	3.90 GBP
GB0008220112	Equity Swap	Increasing a long position	51,188	3.86 GBP
GB0008220112	Equity Swap	Increasing a long position	24,768	3.94 GBP
GB0008220112	Equity Swap	Reducing a long position	10,818	3.92 GBP
GB0008220112	Equity Swap	Reducing a long position	240,313	3.90 GBP
GB0008220112	Equity Swap	Reducing a long position	162,201	3.87 GBP
GB0008220112	Equity Swap	Reducing a long position	35,039	3.90 GBP
GB0008220112	Equity Swap	Reducing a long position	250,690	3.91 GBP
GB0008220112	Equity Swap	Reducing a long position	179,118	3.96 GBP
GB0008220112	Equity Swap	Reducing a long position	135,838	3.86 GBP
GB0008220112	Equity Swap	Reducing a long position	1,212	3.96 GBP
GB0008220112	Equity Swap	Reducing a long position	763,626	3.97 GBP
GB0008220112	Equity Swap	Closing a long position	92,544	3.92 GBP
GB0008220112	Equity Swap	Opening a short position	826,167	3.92 GBP
GB0008220112	Equity Swap	Increasing a short position	193,369	3.92 GBP
GB0008220112	Equity Swap	Reducing a long position	250,000	3.96 GBP
GB0008220112	Equity Swap	Increasing a long position	763,626	3.97 GBP
GB0008220112	Equity Swap	Opening a long position	250,000	5.00 USD
GB0008220112	Equity Swap	Increasing a long position	150,000	4.92 USD

(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)

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:	28^th March 2024
Contact name:	Stephen Glasper
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. 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.

Category Code: RET

Sequence Number: 1218135

Time of Receipt (offset from UTC): 20240328T153057+0000