4th Jul 2024 14:58
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: | 03 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: | 32,328,111 | 2.34% | 22,282,512 | 1.62% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 8,643,725 | 0.63% | 31,600,643 | 2.29% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 40,971,836 | 2.97% | 53,883,155 | 3.91% | |||
(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 | 358,000 | 4.2443 GBP | ||||
10p ordinary | Purchase | 337,768 | 4.2577 GBP | ||||
10p ordinary | Purchase | 250,000 | 4.2381 GBP | ||||
10p ordinary | Purchase | 212,171 | 4.2600 GBP | ||||
10p ordinary | Purchase | 197,254 | 4.2615 GBP | ||||
10p ordinary | Purchase | 187,911 | 4.2597 GBP | ||||
10p ordinary | Purchase | 100,000 | 4.2371 GBP | ||||
10p ordinary | Purchase | 81,442 | 4.2729 GBP | ||||
10p ordinary | Purchase | 72,122 | 4.2469 GBP | ||||
10p ordinary | Purchase | 68,373 | 4.2535 GBP | ||||
10p ordinary | Purchase | 57,900 | 4.2667 GBP | ||||
10p ordinary | Purchase | 48,300 | 4.2583 GBP | ||||
10p ordinary | Purchase | 37,342 | 4.2669 GBP | ||||
10p ordinary | Purchase | 26,826 | 4.2508 GBP | ||||
10p ordinary | Purchase | 20,958 | 4.2549 GBP | ||||
10p ordinary | Purchase | 18,372 | 4.2829 GBP | ||||
10p ordinary | Purchase | 17,821 | 4.2529 GBP | ||||
10p ordinary | Purchase | 17,041 | 4.2525 GBP | ||||
10p ordinary | Purchase | 15,312 | 4.2424 GBP | ||||
10p ordinary | Purchase | 10,735 | 4.2400 GBP | ||||
10p ordinary | Purchase | 10,569 | 4.2548 GBP | ||||
10p ordinary | Purchase | 10,209 | 4.2772 GBP | ||||
10p ordinary | Purchase | 8,593 | 4.2545 GBP | ||||
10p ordinary | Purchase | 8,114 | 4.2552 GBP | ||||
10p ordinary | Purchase | 6,813 | 4.2566 GBP | ||||
10p ordinary | Purchase | 4,855 | 4.2684 GBP | ||||
10p ordinary | Purchase | 4,853 | 4.2700 GBP | ||||
10p ordinary | Purchase | 3,819 | 4.2426 GBP | ||||
10p ordinary | Purchase | 3,181 | 4.2446 GBP | ||||
10p ordinary | Purchase | 2,549 | 4.2455 GBP | ||||
10p ordinary | Purchase | 2,310 | 4.2805 GBP | ||||
10p ordinary | Purchase | 2,193 | 4.2757 GBP | ||||
10p ordinary | Purchase | 1,970 | 4.2571 GBP | ||||
10p ordinary | Purchase | 1,944 | 4.2467 GBP | ||||
10p ordinary | Purchase | 1,934 | 4.2737 GBP | ||||
10p ordinary | Purchase | 1,519 | 4.2798 GBP | ||||
10p ordinary | Purchase | 1,500 | 4.2780 GBP | ||||
10p ordinary | Purchase | 1,340 | 4.2900 GBP | ||||
10p ordinary | Purchase | 1,074 | 4.2680 GBP | ||||
10p ordinary | Purchase | 921 | 4.2840 GBP | ||||
10p ordinary | Purchase | 759 | 4.2920 GBP | ||||
10p ordinary | Purchase | 707 | 4.2800 GBP | ||||
10p ordinary | Purchase | 678 | 4.2820 GBP | ||||
10p ordinary | Purchase | 674 | 4.2940 GBP | ||||
10p ordinary | Purchase | 663 | 4.2760 GBP | ||||
10p ordinary | Purchase | 662 | 4.2740 GBP | ||||
10p ordinary | Purchase | 657 | 4.2560 GBP | ||||
10p ordinary | Purchase | 294 | 4.2559 GBP | ||||
10p ordinary | Purchase | 40 | 4.2420 GBP | ||||
10p ordinary | Sale | 258,952 | 4.2612 GBP | ||||
10p ordinary | Sale | 166,544 | 4.2445 GBP | ||||
10p ordinary | Sale | 156,817 | 4.2600 GBP | ||||
10p ordinary | Sale | 116,378 | 4.2588 GBP | ||||
10p ordinary | Sale | 74,695 | 4.2579 GBP | ||||
10p ordinary | Sale | 58,819 | 4.2599 GBP | ||||
10p ordinary | Sale | 54,738 | 4.2774 GBP | ||||
10p ordinary | Sale | 53,373 | 4.2798 GBP | ||||
10p ordinary | Sale | 50,000 | 4.2656 GBP | ||||
10p ordinary | Sale | 17,469 | 4.2552 GBP | ||||
10p ordinary | Sale | 11,257 | 4.2422 GBP | ||||
10p ordinary | Sale | 10,725 | 4.2403 GBP | ||||
10p ordinary | Sale | 10,666 | 4.2637 GBP | ||||
10p ordinary | Sale | 10,063 | 4.2688 GBP | ||||
10p ordinary | Sale | 9,874 | 4.2518 GBP | ||||
10p ordinary | Sale | 8,114 | 4.2556 GBP | ||||
10p ordinary | Sale | 7,169 | 4.2732 GBP | ||||
10p ordinary | Sale | 6,401 | 4.2625 GBP | ||||
10p ordinary | Sale | 4,853 | 4.2700 GBP | ||||
10p ordinary | Sale | 4,792 | 4.2617 GBP | ||||
10p ordinary | Sale | 3,977 | 4.2424 GBP | ||||
10p ordinary | Sale | 3,589 | 4.2471 GBP | ||||
10p ordinary | Sale | 3,247 | 4.2553 GBP | ||||
10p ordinary | Sale | 2,549 | 4.2434 GBP | ||||
10p ordinary | Sale | 2,319 | 4.2540 GBP | ||||
10p ordinary | Sale | 2,310 | 4.2810 GBP | ||||
10p ordinary | Sale | 1,826 | 4.2452 GBP | ||||
10p ordinary | Sale | 1,654 | 4.2442 GBP | ||||
10p ordinary | Sale | 1,519 | 4.2802 GBP | ||||
10p ordinary | Sale | 1,500 | 4.2780 GBP | ||||
10p ordinary | Sale | 1,340 | 4.2900 GBP | ||||
10p ordinary | Sale | 1,136 | 4.2400 GBP | ||||
10p ordinary | Sale | 1,121 | 4.2340 GBP | ||||
10p ordinary | Sale | 1,097 | 4.2459 GBP | ||||
10p ordinary | Sale | 887 | 4.2438 GBP | ||||
10p ordinary | Sale | 759 | 4.2920 GBP | ||||
10p ordinary | Sale | 754 | 4.2840 GBP | ||||
10p ordinary | Sale | 753 | 4.2770 GBP | ||||
10p ordinary | Sale | 707 | 4.2800 GBP | ||||
10p ordinary | Sale | 679 | 4.2680 GBP | ||||
10p ordinary | Sale | 678 | 4.2820 GBP | ||||
10p ordinary | Sale | 674 | 4.2940 GBP | ||||
10p ordinary | Sale | 663 | 4.2760 GBP | ||||
10p ordinary | Sale | 662 | 4.2740 GBP | ||||
10p ordinary | Sale | 657 | 4.2560 GBP | ||||
10p ordinary | Sale | 40 | 4.2420 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 | 1,551 | 4.2565 GBP | |||
10p ordinary | CFD | Increasing Long | 12,267 | 4.2567 GBP | |||
10p ordinary | CFD | Decreasing Long | 173,440 | 4.2600 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,304 | 4.2592 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1 | 4.2700 GBP | |||
10p ordinary | SWAP | Increasing Long | 53,864 | 4.2599 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,121 | 4.2340 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,136 | 4.2400 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,257 | 4.2422 GBP | |||
10p ordinary | SWAP | Decreasing Short | 40,447 | 4.2600 GBP | |||
10p ordinary | SWAP | Decreasing Short | 53,373 | 4.2798 GBP | |||
10p ordinary | SWAP | Increasing Short | 75,000 | 4.2381 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,735 | 4.2400 GBP | |||
10p ordinary | SWAP | Increasing Short | 134,819 | 4.2426 GBP | |||
10p ordinary | SWAP | Increasing Short | 72,122 | 4.2469 GBP | |||
10p ordinary | SWAP | Increasing Short | 22,466 | 4.2588 GBP | |||
10p ordinary | SWAP | Increasing Short | 103,386 | 4.2599 GBP | |||
10p ordinary | SWAP | Increasing Short | 100,000 | 4.2602 GBP | |||
10p ordinary | SWAP | Increasing Long | 3,977 | 4.2424 GBP | |||
10p ordinary | SWAP | Decreasing Long | 829 | 4.2476 GBP | |||
10p ordinary | SWAP | Decreasing Long | 16,212 | 4.2527 GBP | |||
10p ordinary | SWAP | Decreasing Long | 68,373 | 4.2535 GBP | |||
10p ordinary | SWAP | Decreasing Short | 17,469 | 4.2552 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,955 | 4.2599 GBP | |||
10p ordinary | SWAP | Decreasing Short | 50,000 | 4.2656 GBP | |||
10p ordinary | SWAP | Decreasing Short | 116,378 | 4.2588 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,711 | 4.2600 GBP | |||
10p ordinary | SWAP | Increasing Short | 175,000 | 4.2381 GBP | |||
10p ordinary | SWAP | Increasing Short | 327,000 | 4.2427 GBP | |||
10p ordinary | SWAP | Increasing Short | 294 | 4.2560 GBP | |||
10p ordinary | SWAP | Increasing Short | 262,215 | 4.2599 GBP | |||
10p ordinary | SWAP | Increasing Short | 78,128 | 4.2600 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,934 | 4.2738 GBP | |||
10p ordinary | SWAP | Increasing Short | 10,684 | 4.2742 GBP | |||
10p ordinary | SWAP | Increasing Short | 167 | 4.2840 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: | 04 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)