10th Jul 2024 15:20
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: | 09 Jul 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: | 36,229,701 | 2.63% | 21,814,197 | 1.58% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 8,357,709 | 0.61% | 35,530,849 | 2.58% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 44,587,410 | 3.23% | 57,345,046 | 4.16% | |||
(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 | 663,316 | 4.2000 GBP | ||||
10p ordinary | Purchase | 358,000 | 4.1917 GBP | ||||
10p ordinary | Purchase | 163,490 | 4.1975 GBP | ||||
10p ordinary | Purchase | 70,174 | 4.1935 GBP | ||||
10p ordinary | Purchase | 50,743 | 4.1955 GBP | ||||
10p ordinary | Purchase | 49,151 | 4.1978 GBP | ||||
10p ordinary | Purchase | 27,838 | 4.2060 GBP | ||||
10p ordinary | Purchase | 27,490 | 4.1972 GBP | ||||
10p ordinary | Purchase | 14,171 | 4.1918 GBP | ||||
10p ordinary | Purchase | 13,200 | 4.1871 GBP | ||||
10p ordinary | Purchase | 13,065 | 4.1991 GBP | ||||
10p ordinary | Purchase | 11,239 | 4.1873 GBP | ||||
10p ordinary | Purchase | 4,598 | 4.1671 GBP | ||||
10p ordinary | Purchase | 4,528 | 4.1928 GBP | ||||
10p ordinary | Purchase | 3,367 | 4.1959 GBP | ||||
10p ordinary | Purchase | 3,359 | 4.1860 GBP | ||||
10p ordinary | Purchase | 3,096 | 4.1896 GBP | ||||
10p ordinary | Purchase | 3,081 | 4.2037 GBP | ||||
10p ordinary | Purchase | 2,909 | 4.1933 GBP | ||||
10p ordinary | Purchase | 2,904 | 4.1909 GBP | ||||
10p ordinary | Purchase | 2,879 | 4.1849 GBP | ||||
10p ordinary | Purchase | 2,772 | 4.1961 GBP | ||||
10p ordinary | Purchase | 2,436 | 4.1870 GBP | ||||
10p ordinary | Purchase | 1,933 | 4.1855 GBP | ||||
10p ordinary | Purchase | 1,868 | 4.1946 GBP | ||||
10p ordinary | Purchase | 1,668 | 4.1850 GBP | ||||
10p ordinary | Purchase | 1,383 | 4.1876 GBP | ||||
10p ordinary | Purchase | 1,268 | 4.2020 GBP | ||||
10p ordinary | Purchase | 659 | 4.1920 GBP | ||||
10p ordinary | Purchase | 348 | 4.1761 GBP | ||||
10p ordinary | Purchase | 223 | 4.1900 GBP | ||||
10p ordinary | Purchase | 200 | 4.1590 GBP | ||||
10p ordinary | Purchase | 148 | 4.1800 GBP | ||||
10p ordinary | Sale | 500,000 | 4.2030 GBP | ||||
10p ordinary | Sale | 226,755 | 4.1989 GBP | ||||
10p ordinary | Sale | 97,785 | 4.2000 GBP | ||||
10p ordinary | Sale | 85,247 | 4.1922 GBP | ||||
10p ordinary | Sale | 81,705 | 4.1992 GBP | ||||
10p ordinary | Sale | 38,026 | 4.1960 GBP | ||||
10p ordinary | Sale | 33,554 | 4.1995 GBP | ||||
10p ordinary | Sale | 32,453 | 4.1934 GBP | ||||
10p ordinary | Sale | 25,673 | 4.1911 GBP | ||||
10p ordinary | Sale | 24,826 | 4.2002 GBP | ||||
10p ordinary | Sale | 18,910 | 4.1932 GBP | ||||
10p ordinary | Sale | 7,400 | 4.1847 GBP | ||||
10p ordinary | Sale | 7,000 | 4.1964 GBP | ||||
10p ordinary | Sale | 4,895 | 4.1866 GBP | ||||
10p ordinary | Sale | 4,375 | 4.1660 GBP | ||||
10p ordinary | Sale | 3,535 | 4.1990 GBP | ||||
10p ordinary | Sale | 3,088 | 4.1908 GBP | ||||
10p ordinary | Sale | 3,078 | 4.1919 GBP | ||||
10p ordinary | Sale | 2,409 | 4.1926 GBP | ||||
10p ordinary | Sale | 1,239 | 4.1820 GBP | ||||
10p ordinary | Sale | 1,166 | 4.1880 GBP | ||||
10p ordinary | Sale | 1,037 | 4.1980 GBP | ||||
10p ordinary | Sale | 264 | 4.1760 GBP | ||||
10p ordinary | Sale | 148 | 4.1883 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | reference | unit | ||||
security | securities | ||||||
10p ordinary | CFD | Increasing Long | 83,889 | 4.2000 GBP | |||
10p ordinary | CFD | Decreasing Long | 4,617 | 4.1975 GBP | |||
10p ordinary | CFD | Decreasing Long | 34,756 | 4.2000 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,304 | 4.1948 GBP | |||
10p ordinary | SWAP | Opening Long | 18,910 | 4.1932 GBP | |||
10p ordinary | SWAP | Increasing Long | 46,115 | 4.1950 GBP | |||
10p ordinary | SWAP | Increasing Long | 500,000 | 4.2030 GBP | |||
10p ordinary | SWAP | Decreasing Long | 27,860 | 4.1854 GBP | |||
10p ordinary | SWAP | Decreasing Long | 518,255 | 4.2000 GBP | |||
10p ordinary | SWAP | Increasing Long | 81,705 | 4.1991 GBP | |||
10p ordinary | SWAP | Increasing Short | 48,350 | 4.1978 GBP | |||
10p ordinary | SWAP | Increasing Short | 801 | 4.1978 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,088 | 4.1908 GBP | |||
10p ordinary | SWAP | Decreasing Short | 85,247 | 4.1922 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,409 | 4.1926 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29,276 | 4.1943 GBP | |||
10p ordinary | SWAP | Decreasing Short | 99,978 | 4.1991 GBP | |||
10p ordinary | SWAP | Increasing Short | 100 | 4.1610 GBP | |||
10p ordinary | SWAP | Increasing Short | 834 | 4.1850 GBP | |||
10p ordinary | SWAP | Increasing Short | 101,000 | 4.1917 GBP | |||
10p ordinary | SWAP | Increasing Short | 70,174 | 4.1935 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,868 | 4.1946 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,367 | 4.1959 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,904 | 4.1962 GBP | |||
10p ordinary | SWAP | Increasing Short | 78,853 | 4.2000 GBP | |||
10p ordinary | SWAP | Increasing Long | 33,554 | 4.1995 GBP | |||
10p ordinary | SWAP | Decreasing Long | 538 | 4.1860 GBP | |||
10p ordinary | SWAP | Decreasing Long | 3,081 | 4.2037 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,535 | 4.1990 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,292 | 4.2025 GBP | |||
10p ordinary | SWAP | Increasing Short | 100 | 4.1610 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,922 | 4.1856 GBP | |||
10p ordinary | SWAP | Increasing Short | 9,264 | 4.1873 GBP | |||
10p ordinary | SWAP | Increasing Short | 257,000 | 4.1917 GBP | |||
10p ordinary | SWAP | Increasing Short | 52,403 | 4.2000 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: | 10 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)