7th Jun 2024 14:51
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 |
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| 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 |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 06 Jun 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | INTERNATIONAL PAPER COMPANY |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 10p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 34,467,884 | 2.50% | 24,860,649 | 1.80% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,065,846 | 0.58% | 33,226,767 | 2.41% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 42,533,730 | 3.08% | 58,087,416 | 4.21% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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10p ordinary | Purchase | 875,646 | 3.7332 GBP | ||||
10p ordinary | Purchase | 500,000 | 3.7621 GBP | ||||
10p ordinary | Purchase | 462,539 | 3.7265 GBP | ||||
10p ordinary | Purchase | 267,242 | 3.7195 GBP | ||||
10p ordinary | Purchase | 195,208 | 3.7270 GBP | ||||
10p ordinary | Purchase | 192,662 | 3.7253 GBP | ||||
10p ordinary | Purchase | 150,000 | 3.7725 GBP | ||||
10p ordinary | Purchase | 131,807 | 3.7216 GBP | ||||
10p ordinary | Purchase | 103,222 | 3.7718 GBP | ||||
10p ordinary | Purchase | 78,487 | 3.7714 GBP | ||||
10p ordinary | Purchase | 75,000 | 3.7659 GBP | ||||
10p ordinary | Purchase | 47,099 | 3.7244 GBP | ||||
10p ordinary | Purchase | 28,394 | 3.7240 GBP | ||||
10p ordinary | Purchase | 20,745 | 3.7259 GBP | ||||
10p ordinary | Purchase | 20,580 | 3.7394 GBP | ||||
10p ordinary | Purchase | 20,534 | 3.7241 GBP | ||||
10p ordinary | Purchase | 20,444 | 3.7340 GBP | ||||
10p ordinary | Purchase | 14,711 | 3.7379 GBP | ||||
10p ordinary | Purchase | 13,486 | 3.7461 GBP | ||||
10p ordinary | Purchase | 11,184 | 3.7768 GBP | ||||
10p ordinary | Purchase | 10,334 | 3.7309 GBP | ||||
10p ordinary | Purchase | 7,976 | 3.7376 GBP | ||||
10p ordinary | Purchase | 7,000 | 3.7812 GBP | ||||
10p ordinary | Purchase | 6,761 | 3.7360 GBP | ||||
10p ordinary | Purchase | 5,816 | 3.7533 GBP | ||||
10p ordinary | Purchase | 5,596 | 3.7600 GBP | ||||
10p ordinary | Purchase | 5,217 | 3.7358 GBP | ||||
10p ordinary | Purchase | 5,141 | 3.7681 GBP | ||||
10p ordinary | Purchase | 5,046 | 3.7608 GBP | ||||
10p ordinary | Purchase | 4,799 | 3.7498 GBP | ||||
10p ordinary | Purchase | 4,295 | 3.7364 GBP | ||||
10p ordinary | Purchase | 3,781 | 3.7388 GBP | ||||
10p ordinary | Purchase | 3,660 | 3.7692 GBP | ||||
10p ordinary | Purchase | 3,523 | 3.7313 GBP | ||||
10p ordinary | Purchase | 2,803 | 3.7390 GBP | ||||
10p ordinary | Purchase | 2,734 | 3.7840 GBP | ||||
10p ordinary | Purchase | 2,679 | 3.7400 GBP | ||||
10p ordinary | Purchase | 2,364 | 3.7327 GBP | ||||
10p ordinary | Purchase | 2,153 | 3.7625 GBP | ||||
10p ordinary | Purchase | 1,802 | 3.7619 GBP | ||||
10p ordinary | Purchase | 1,719 | 3.7350 GBP | ||||
10p ordinary | Purchase | 1,573 | 3.7349 GBP | ||||
10p ordinary | Purchase | 1,248 | 3.7680 GBP | ||||
10p ordinary | Purchase | 1,213 | 3.7380 GBP | ||||
10p ordinary | Purchase | 1,210 | 3.7749 GBP | ||||
10p ordinary | Purchase | 1,189 | 3.7218 GBP | ||||
10p ordinary | Purchase | 1,131 | 3.7220 GBP | ||||
10p ordinary | Purchase | 956 | 3.7560 GBP | ||||
10p ordinary | Purchase | 931 | 3.7500 GBP | ||||
10p ordinary | Purchase | 862 | 3.7320 GBP | ||||
10p ordinary | Purchase | 783 | 3.7160 GBP | ||||
10p ordinary | Purchase | 511 | 3.7300 GBP | ||||
10p ordinary | Purchase | 341 | 3.7480 GBP | ||||
10p ordinary | Purchase | 225 | 3.7200 GBP | ||||
10p ordinary | Sale | 116,106 | 3.7240 GBP | ||||
10p ordinary | Sale | 94,244 | 3.7632 GBP | ||||
10p ordinary | Sale | 66,603 | 3.7231 GBP | ||||
10p ordinary | Sale | 61,509 | 3.7617 GBP | ||||
10p ordinary | Sale | 52,975 | 3.7453 GBP | ||||
10p ordinary | Sale | 50,803 | 3.7860 GBP | ||||
10p ordinary | Sale | 47,099 | 3.7244 GBP | ||||
10p ordinary | Sale | 36,546 | 3.7340 GBP | ||||
10p ordinary | Sale | 30,601 | 3.7452 GBP | ||||
10p ordinary | Sale | 30,000 | 3.7245 GBP | ||||
10p ordinary | Sale | 26,791 | 3.7420 GBP | ||||
10p ordinary | Sale | 25,337 | 3.7088 GBP | ||||
10p ordinary | Sale | 23,897 | 3.7200 GBP | ||||
10p ordinary | Sale | 21,577 | 3.7230 GBP | ||||
10p ordinary | Sale | 12,804 | 3.7678 GBP | ||||
10p ordinary | Sale | 11,806 | 3.7640 GBP | ||||
10p ordinary | Sale | 11,224 | 3.7265 GBP | ||||
10p ordinary | Sale | 7,777 | 3.7609 GBP | ||||
10p ordinary | Sale | 6,405 | 3.7210 GBP | ||||
10p ordinary | Sale | 5,314 | 3.7237 GBP | ||||
10p ordinary | Sale | 5,264 | 3.7600 GBP | ||||
10p ordinary | Sale | 5,048 | 3.7289 GBP | ||||
10p ordinary | Sale | 4,886 | 3.7298 GBP | ||||
10p ordinary | Sale | 4,378 | 3.7650 GBP | ||||
10p ordinary | Sale | 4,329 | 3.7728 GBP | ||||
10p ordinary | Sale | 4,209 | 3.7758 GBP | ||||
10p ordinary | Sale | 4,036 | 3.7541 GBP | ||||
10p ordinary | Sale | 4,036 | 3.7404 GBP | ||||
10p ordinary | Sale | 3,920 | 3.7360 GBP | ||||
10p ordinary | Sale | 3,549 | 3.7400 GBP | ||||
10p ordinary | Sale | 3,371 | 3.7300 GBP | ||||
10p ordinary | Sale | 3,147 | 3.7239 GBP | ||||
10p ordinary | Sale | 3,022 | 3.7269 GBP | ||||
10p ordinary | Sale | 2,734 | 3.7840 GBP | ||||
10p ordinary | Sale | 2,702 | 3.7846 GBP | ||||
10p ordinary | Sale | 2,551 | 3.7673 GBP | ||||
10p ordinary | Sale | 2,282 | 3.7220 GBP | ||||
10p ordinary | Sale | 2,274 | 3.7380 GBP | ||||
10p ordinary | Sale | 1,800 | 3.7750 GBP | ||||
10p ordinary | Sale | 1,762 | 3.7853 GBP | ||||
10p ordinary | Sale | 1,708 | 3.7377 GBP | ||||
10p ordinary | Sale | 1,088 | 3.7040 GBP | ||||
10p ordinary | Sale | 1,088 | 3.7020 GBP | ||||
10p ordinary | Sale | 956 | 3.7560 GBP | ||||
10p ordinary | Sale | 862 | 3.7320 GBP | ||||
10p ordinary | Sale | 841 | 3.7500 GBP | ||||
10p ordinary | Sale | 828 | 3.7120 GBP | ||||
10p ordinary | Sale | 362 | 3.7700 GBP | ||||
10p ordinary | Sale | 269 | 3.7839 GBP | ||||
10p ordinary | Sale | 221 | 3.7280 GBP | ||||
10p ordinary | Sale | 144 | 3.7218 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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10p ordinary | SWAP | Decreasing Long | 5,816 | 3.7533 GBP | |||
10p ordinary | SWAP | Decreasing Short | 99 | 3.7560 GBP | |||
10p ordinary | SWAP | Decreasing Short | 362 | 3.7700 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,462 | 3.7660 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,329 | 3.7728 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,097 | 3.7282 GBP | |||
10p ordinary | CFD | Decreasing Short | 8,667 | 3.7659 GBP | |||
10p ordinary | CFD | Decreasing Short | 21,670 | 3.7240 GBP | |||
10p ordinary | CFD | Decreasing Short | 23,798 | 3.7239 GBP | |||
10p ordinary | SWAP | Decreasing Short | 34,775 | 3.7323 GBP | |||
10p ordinary | CFD | Decreasing Short | 35,410 | 3.7273 GBP | |||
10p ordinary | SWAP | Decreasing Short | 36,767 | 3.7411 GBP | |||
10p ordinary | SWAP | Decreasing Short | 52,975 | 3.7453 GBP | |||
10p ordinary | SWAP | Decreasing Short | 94,244 | 3.7632 GBP | |||
10p ordinary | CFD | Decreasing Short | 110,582 | 3.7359 GBP | |||
10p ordinary | SWAP | Increasing Long | 269 | 3.7839 GBP | |||
10p ordinary | SWAP | Increasing Long | 25,337 | 3.7088 GBP | |||
10p ordinary | SWAP | Increasing Long | 66,603 | 3.7231 GBP | |||
10p ordinary | SWAP | Increasing Short | 51 | 3.7580 GBP | |||
10p ordinary | SWAP | Increasing Short | 332 | 3.7600 GBP | |||
10p ordinary | SWAP | Increasing Short | 341 | 3.7480 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,802 | 3.7620 GBP | |||
10p ordinary | CFD | Increasing Short | 3,068 | 3.7240 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,641 | 3.7706 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,660 | 3.7692 GBP | |||
10p ordinary | CFD | Increasing Short | 5,145 | 3.7428 GBP | |||
10p ordinary | CFD | Increasing Short | 8,667 | 3.7659 GBP | |||
10p ordinary | SWAP | Increasing Short | 20,534 | 3.7241 GBP | |||
10p ordinary | SWAP | Increasing Short | 20,745 | 3.7259 GBP | |||
10p ordinary | SWAP | Increasing Short | 44,063 | 3.7267 GBP | |||
10p ordinary | CFD | Increasing Short | 47,099 | 3.7244 GBP | |||
10p ordinary | SWAP | Increasing Short | 61,955 | 3.7289 GBP | |||
10p ordinary | SWAP | Increasing Short | 75,000 | 3.7660 GBP | |||
10p ordinary | SWAP | Increasing Short | 78,487 | 3.7714 GBP | |||
10p ordinary | CFD | Increasing Short | 110,582 | 3.7359 GBP | |||
10p ordinary | SWAP | Increasing Short | 124,233 | 3.7287 GBP | |||
10p ordinary | SWAP | Increasing Short | 131,807 | 3.7216 GBP | |||
10p ordinary | SWAP | Increasing Short | 305,098 | 3.7240 GBP | |||
10p ordinary | SWAP | Opening Short | 250,000 | 6.1304 USD | |||
10p ordinary | SWAP | Opening Short | 250,000 | 6.1199 USD | |||
10p ordinary | SWAP | Opening Short | 500,000 | 6.1850 USD | |||
10p ordinary | SWAP | Opening Short | 875,646 | 6.1099 USD | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 07 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)