26th Jun 2024 14:38
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: | Barclays PLC. | |||||
(b) | Owner or controller of interest and short | ||||||
positions disclosed, if different from 1(a): | |||||||
(c) | Name of offeror/offeree in relation to whose | DS SMITH PLC | |||||
relevant securities this form relates: | |||||||
(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: | 25 Jun 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: | |||||
disclosures in respect of any other party to the offer? | INTERNATIONAL PAPER COMPANY | ||||||
2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(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: | 22,685,294 | 1.64% | 23,688,038 | 1.72% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 9,407,283 | 0.68% | 21,843,859 | 1.58% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 32,092,577 | 2.33% | 45,531,897 | 3.30% | |||
(b) | Rights to subscribe for new securities (including directors and other executive | ||||||
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 EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales | ||||||
Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security | securities | ||||||
10p ordinary | Purchase | 9,347,002 | 3.6703 GBP | ||||
10p ordinary | Purchase | 297,638 | 3.6590 GBP | ||||
10p ordinary | Purchase | 279,916 | 3.6996 GBP | ||||
10p ordinary | Purchase | 158,810 | 3.6699 GBP | ||||
10p ordinary | Purchase | 137,693 | 3.7087 GBP | ||||
10p ordinary | Purchase | 132,115 | 3.6698 GBP | ||||
10p ordinary | Purchase | 99,182 | 3.7040 GBP | ||||
10p ordinary | Purchase | 93,476 | 3.7069 GBP | ||||
10p ordinary | Purchase | 86,178 | 3.7073 GBP | ||||
10p ordinary | Purchase | 86,061 | 3.6441 GBP | ||||
10p ordinary | Purchase | 81,817 | 3.6500 GBP | ||||
10p ordinary | Purchase | 72,517 | 3.6974 GBP | ||||
10p ordinary | Purchase | 71,138 | 3.6890 GBP | ||||
10p ordinary | Purchase | 62,163 | 3.6476 GBP | ||||
10p ordinary | Purchase | 46,933 | 3.6501 GBP | ||||
10p ordinary | Purchase | 38,934 | 3.7080 GBP | ||||
10p ordinary | Purchase | 34,487 | 3.6537 GBP | ||||
10p ordinary | Purchase | 33,025 | 3.6715 GBP | ||||
10p ordinary | Purchase | 32,536 | 3.6474 GBP | ||||
10p ordinary | Purchase | 31,650 | 3.6702 GBP | ||||
10p ordinary | Purchase | 24,924 | 3.6406 GBP | ||||
10p ordinary | Purchase | 22,077 | 3.6837 GBP | ||||
10p ordinary | Purchase | 22,036 | 3.6460 GBP | ||||
10p ordinary | Purchase | 20,566 | 3.6495 GBP | ||||
10p ordinary | Purchase | 19,806 | 3.6862 GBP | ||||
10p ordinary | Purchase | 19,180 | 3.6466 GBP | ||||
10p ordinary | Purchase | 15,071 | 3.6529 GBP | ||||
10p ordinary | Purchase | 12,707 | 3.6541 GBP | ||||
10p ordinary | Purchase | 12,372 | 3.6888 GBP | ||||
10p ordinary | Purchase | 9,681 | 3.6418 GBP | ||||
10p ordinary | Purchase | 9,568 | 3.6539 GBP | ||||
10p ordinary | Purchase | 9,519 | 3.6544 GBP | ||||
10p ordinary | Purchase | 7,077 | 3.6478 GBP | ||||
10p ordinary | Purchase | 5,442 | 3.6518 GBP | ||||
10p ordinary | Purchase | 5,252 | 3.6464 GBP | ||||
10p ordinary | Purchase | 5,131 | 3.6611 GBP | ||||
10p ordinary | Purchase | 4,633 | 3.6558 GBP | ||||
10p ordinary | Purchase | 4,062 | 3.6514 GBP | ||||
10p ordinary | Purchase | 4,060 | 3.6564 GBP | ||||
10p ordinary | Purchase | 3,850 | 3.6414 GBP | ||||
10p ordinary | Purchase | 2,246 | 3.6635 GBP | ||||
10p ordinary | Purchase | 1,789 | 3.6459 GBP | ||||
10p ordinary | Purchase | 1,582 | 3.6579 GBP | ||||
10p ordinary | Purchase | 1,393 | 3.6380 GBP | ||||
10p ordinary | Purchase | 1,285 | 3.6480 GBP | ||||
10p ordinary | Purchase | 1,211 | 3.6540 GBP | ||||
10p ordinary | Purchase | 1,153 | 3.6340 GBP | ||||
10p ordinary | Purchase | 1,099 | 3.6680 GBP | ||||
10p ordinary | Purchase | 913 | 3.6880 GBP | ||||
10p ordinary | Purchase | 871 | 3.7560 GBP | ||||
10p ordinary | Purchase | 793 | 3.6820 GBP | ||||
10p ordinary | Purchase | 676 | 3.6560 GBP | ||||
10p ordinary | Purchase | 559 | 3.6555 GBP | ||||
10p ordinary | Purchase | 200 | 3.6860 GBP | ||||
10p ordinary | Purchase | 165 | 3.6360 GBP | ||||
10p ordinary | Purchase | 47 | 3.6580 GBP | ||||
10p ordinary | Purchase | 44 | 3.6400 GBP | ||||
10p ordinary | Purchase | 29 | 3.7380 GBP | ||||
10p ordinary | Purchase | 22 | 3.6670 GBP | ||||
10p ordinary | Purchase | 16 | 3.6551 GBP | ||||
10p ordinary | Sale | 1,145,577 | 3.7046 GBP | ||||
10p ordinary | Sale | 702,696 | 3.6543 GBP | ||||
10p ordinary | Sale | 347,560 | 3.6701 GBP | ||||
10p ordinary | Sale | 240,056 | 3.6700 GBP | ||||
10p ordinary | Sale | 226,417 | 3.7081 GBP | ||||
10p ordinary | Sale | 126,130 | 3.6686 GBP | ||||
10p ordinary | Sale | 104,578 | 3.6998 GBP | ||||
10p ordinary | Sale | 102,408 | 3.6654 GBP | ||||
10p ordinary | Sale | 100,556 | 3.6679 GBP | ||||
10p ordinary | Sale | 100,000 | 3.6551 GBP | ||||
10p ordinary | Sale | 86,178 | 3.7073 GBP | ||||
10p ordinary | Sale | 62,549 | 3.6673 GBP | ||||
10p ordinary | Sale | 38,610 | 3.7080 GBP | ||||
10p ordinary | Sale | 28,489 | 3.7062 GBP | ||||
10p ordinary | Sale | 16,288 | 3.6739 GBP | ||||
10p ordinary | Sale | 12,372 | 3.6888 GBP | ||||
10p ordinary | Sale | 11,601 | 3.6537 GBP | ||||
10p ordinary | Sale | 10,922 | 3.6688 GBP | ||||
10p ordinary | Sale | 9,740 | 3.6554 GBP | ||||
10p ordinary | Sale | 7,819 | 3.6651 GBP | ||||
10p ordinary | Sale | 7,048 | 3.6743 GBP | ||||
10p ordinary | Sale | 6,775 | 3.7074 GBP | ||||
10p ordinary | Sale | 6,486 | 3.6580 GBP | ||||
10p ordinary | Sale | 5,666 | 3.6594 GBP | ||||
10p ordinary | Sale | 5,442 | 3.6518 GBP | ||||
10p ordinary | Sale | 3,541 | 3.6560 GBP | ||||
10p ordinary | Sale | 3,092 | 3.6490 GBP | ||||
10p ordinary | Sale | 2,025 | 3.6437 GBP | ||||
10p ordinary | Sale | 1,958 | 3.6527 GBP | ||||
10p ordinary | Sale | 1,711 | 3.6556 GBP | ||||
10p ordinary | Sale | 1,564 | 3.6860 GBP | ||||
10p ordinary | Sale | 1,345 | 3.6610 GBP | ||||
10p ordinary | Sale | 1,285 | 3.6480 GBP | ||||
10p ordinary | Sale | 1,211 | 3.6540 GBP | ||||
10p ordinary | Sale | 1,099 | 3.6680 GBP | ||||
10p ordinary | Sale | 934 | 3.6500 GBP | ||||
10p ordinary | Sale | 822 | 3.7540 GBP | ||||
10p ordinary | Sale | 761 | 3.6660 GBP | ||||
10p ordinary | Sale | 655 | 3.6460 GBP | ||||
10p ordinary | Sale | 519 | 3.6380 GBP | ||||
10p ordinary | Sale | 324 | 3.6504 GBP | ||||
10p ordinary | Sale | 204 | 3.6850 GBP | ||||
10p ordinary | Sale | 44 | 3.6400 GBP | ||||
10p ordinary | Sale | 4 | 3.6360 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | reference | unit | ||||
security | securities | ||||||
10p ordinary | SWAP | Closing Short | 559 | 3.6555 GBP | |||
10p ordinary | SWAP | Closing Short | 645 | 3.6464 GBP | |||
10p ordinary | SWAP | Closing Short | 1,011 | 3.6715 GBP | |||
10p ordinary | SWAP | Closing Short | 4,633 | 3.6558 GBP | |||
10p ordinary | SWAP | Closing Short | 18,218 | 3.7080 GBP | |||
10p ordinary | SWAP | Closing Short | 19,385 | 3.6714 GBP | |||
10p ordinary | SWAP | Closing Short | 71,138 | 3.6890 GBP | |||
10p ordinary | CFD | Decreasing Long | 13 | 3.7076 GBP | |||
10p ordinary | CFD | Decreasing Long | 1,222 | 3.7080 GBP | |||
10p ordinary | SWAP | Decreasing Long | 6,522 | 3.6778 GBP | |||
10p ordinary | SWAP | Decreasing Long | 22,077 | 3.6837 GBP | |||
10p ordinary | SWAP | Decreasing Long | 137,693 | 3.7087 GBP | |||
10p ordinary | SWAP | Decreasing Short | 49,927 | 3.6660 GBP | |||
10p ordinary | SWAP | Decreasing Short | 100,556 | 3.6679 GBP | |||
10p ordinary | SWAP | Decreasing Short | 352,595 | 3.7080 GBP | |||
10p ordinary | CFD | Increasing Long | 1,222 | 3.7080 GBP | |||
10p ordinary | CFD | Increasing Long | 3,753 | 3.6877 GBP | |||
10p ordinary | SWAP | Increasing Long | 6,775 | 3.7074 GBP | |||
10p ordinary | CFD | Increasing Long | 36,927 | 3.7032 GBP | |||
10p ordinary | SWAP | Increasing Long | 67,383 | 3.6840 GBP | |||
10p ordinary | CFD | Increasing Long | 86,178 | 3.7073 GBP | |||
10p ordinary | SWAP | Increasing Long | 126,130 | 3.6686 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,789 | 3.6460 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,021 | 3.6550 GBP | |||
10p ordinary | SWAP | Opening Long | 324 | 3.6504 GBP | |||
10p ordinary | SWAP | Opening Long | 1,958 | 3.6527 GBP | |||
10p ordinary | SWAP | Opening Long | 74,125 | 3.6632 GBP | |||
10p ordinary | SWAP | Opening Long | 159,707 | 3.7073 GBP | |||
10p ordinary | SWAP | Opening Long | 240,056 | 3.6700 GBP | |||
10p ordinary | SWAP | Opening Long | 440,743 | 3.7079 GBP | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price | date | money | |
relevant | selling, | securities | per unit | paid/ | |||
security | varying etc | to which | received | ||||
option | per unit | ||||||
relates | |||||||
(ii) | Exercising | ||||||
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security | securities | unit | |||||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security | applicable) | ||||||
4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings 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 exempt principal trader making the disclosure and any party | |||||||
to the offer or any person acting in concert with a party to the offer: | |||||||
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 of future acquisition or disposal of any relevant securities to which | |||||||
any derivative is referenced: | |||||||
NONE | |||||||
(c) | Attachments | ||||||
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 26 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)