Key Disclosure Information from Danske Bank A/S Regarding DS Smith

Understanding the Disclosure Position of Danske Bank A/S

Danske Bank A/S has issued significant information concerning its position in relation to the relevant securities of DS Smith Plc. Under the rules set forth in the Takeover Code, any entity holding a 1% or more interest must disclose its securities positions publicly. Such transparency is vital for shareholders and any potential investors to understand the significant players involved within the market.

Key Information and Disclosure Form

Recent disclosures highlight important details regarding the ownership or control of relevant securities, aiding in clarity for all parties involved. The disclosure document indicates that Danske Bank A/S, noted for its reliability and expansive banking services, has a substantial interest in DS Smith Plc's securities.

One important aspect is that the document specifies the name of the offeror, which in this case is DS Smith Plc, thus ensuring that all necessary parties are recognized under this regulation.

Positions Held by Danske Bank

One of the critical parts of the disclosure is the section that outlines the securities held by Danske Bank A/S. As of the latest update, Danske Bank has indicated ownership of approximately 30,308,782 shares, constituting around 2.20% ownership of the ordinary shares of DS Smith. This sizeable stake demonstrates Danske Bank's commitment and confidence in the company’s prospects.

In addition to their ownership, the document also highlights the absence of any short positions or derivatives from Danske Bank concerning DS Smith’s securities, painting an overall picture of support towards the company.

Details Around Recent Dealings

Transparency is further fortified with reports of recent dealings related to the 10p ordinary shares of DS Smith. In a public trade that occurred, Danske Bank A/S engaged in a sale, offloading 1,151,055 shares at a price of GBP 5.9250 per unit. Such financial maneuvers show an active participation in the market, reinforcing investor reassurance.

All of these activities provide necessary details for market observers, fellow market participants, and potential investors, ensuring that everyone involved or interested remains informed of changes in significant holdings.

Other Important Disclosures

Danske Bank A/S has also addressed concerns regarding other dealing arrangements and trading practices. They clarified that no indemnity arrangements or dealings that could induce behaviors to deal or refrain from dealing exist in relation to DS Smith Plc's securities.

This commitment to transparency is further underscored by their declaration of having no agreements or arrangements concerning voting rights or future acquisitions linked to these securities. These commitments are important as they establish a clear intent to comply with relevant regulations.

Conclusion on Regulatory Compliance

This recent disclosure by Danske Bank A/S reinforces the importance of adhering to the regulations laid out by the Takeover Code, ensuring that all shareholders have access to pertinent information regarding significant shareholdings. Stakeholders, including those enthusiastic about investing in DS Smith, can gain insights from such disclosures to make informed decisions.

Frequently Asked Questions

What is the purpose of the disclosure issued by Danske Bank?

The disclosure serves to inform the market about significant shareholdings and any dealings in relation to DS Smith Plc, ensuring compliance with the Takeover Code.

How many shares does Danske Bank A/S hold in DS Smith Plc?

Danske Bank A/S holds approximately 30,308,782 shares, which is about 2.20% of the ordinary shares of DS Smith Plc.

Did Danske Bank disclose any short positions in DS Smith?

No, the disclosure mentioned that there are no short positions held by Danske Bank in relation to DS Smith’s securities.

What type of dealings did Danske Bank A/S engage in?

Danske Bank A/S reported a sale of 1,151,055 shares at GBP 5.9250 per unit.

Who can be contacted for more information?

For further inquiries, Kotryna Cinciuke from Danske Bank can be contacted at +37060405825.

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