30th Jul 2024 15:31
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): |
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(c) | Name of offeror/offeree in relation to whose relevant securities this form relates: | DS SMITH PLC | |||||
(d) | If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
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(e) | Date position held/dealing undertaken: | 29 Jul 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? | YES: 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: | 33,951,304 | 2.46% | 32,612,145 | 2.36% | |||
(2) Cash-settled derivatives: | 12,208,890 | 0.88% | 33,539,677 | 2.43% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 46,160,194 | 3.34% | 66,151,822 | 4.79% | |||
(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 PERSON MAKING THE DISCLOSURE | ||||||
(a) | Purchase and sales | ||||||
Class of relevant security | Purchase/sale | Number of securities | Price per unit | ||||
10p ordinary | Purchase | 348,470 | 4.5720 GBP | ||||
10p ordinary | Purchase | 285,442 | 4.5600 GBP | ||||
10p ordinary | Purchase | 204,058 | 4.5610 GBP | ||||
10p ordinary | Purchase | 153,880 | 4.5767 GBP | ||||
10p ordinary | Purchase | 51,718 | 4.5711 GBP | ||||
10p ordinary | Purchase | 46,608 | 4.5699 GBP | ||||
10p ordinary | Purchase | 30,385 | 4.5649 GBP | ||||
10p ordinary | Purchase | 30,142 | 4.5841 GBP | ||||
10p ordinary | Purchase | 27,832 | 4.5754 GBP | ||||
10p ordinary | Purchase | 27,589 | 4.5777 GBP | ||||
10p ordinary | Purchase | 9,894 | 4.5758 GBP | ||||
10p ordinary | Purchase | 4,854 | 4.5743 GBP | ||||
10p ordinary | Purchase | 3,747 | 4.5835 GBP | ||||
10p ordinary | Purchase | 3,519 | 4.5755 GBP | ||||
10p ordinary | Purchase | 2,843 | 4.5960 GBP | ||||
10p ordinary | Purchase | 2,757 | 4.5821 GBP | ||||
10p ordinary | Purchase | 2,123 | 4.5820 GBP | ||||
10p ordinary | Purchase | 1,925 | 4.5802 GBP | ||||
10p ordinary | Purchase | 1,821 | 4.5769 GBP | ||||
10p ordinary | Purchase | 1,792 | 4.5805 GBP | ||||
10p ordinary | Purchase | 1,591 | 4.5811 GBP | ||||
10p ordinary | Purchase | 1,589 | 4.5787 GBP | ||||
10p ordinary | Purchase | 1,511 | 4.5801 GBP | ||||
10p ordinary | Purchase | 1,497 | 4.5690 GBP | ||||
10p ordinary | Purchase | 1,012 | 4.5780 GBP | ||||
10p ordinary | Purchase | 706 | 4.5740 GBP | ||||
10p ordinary | Purchase | 702 | 4.5800 GBP | ||||
10p ordinary | Purchase | 256 | 4.5710 GBP | ||||
10p ordinary | Purchase | 214 | 4.5760 GBP | ||||
10p ordinary | Purchase | 162 | 4.5660 GBP | ||||
10p ordinary | Sale | 148,910 | 4.5600 GBP | ||||
10p ordinary | Sale | 115,552 | 4.5631 GBP | ||||
10p ordinary | Sale | 73,395 | 4.5733 GBP | ||||
10p ordinary | Sale | 59,952 | 4.5845 GBP | ||||
10p ordinary | Sale | 46,461 | 4.5687 GBP | ||||
10p ordinary | Sale | 33,955 | 4.5720 GBP | ||||
10p ordinary | Sale | 30,385 | 4.5649 GBP | ||||
10p ordinary | Sale | 21,145 | 4.5591 GBP | ||||
10p ordinary | Sale | 17,668 | 4.5760 GBP | ||||
10p ordinary | Sale | 14,890 | 4.5752 GBP | ||||
10p ordinary | Sale | 13,969 | 4.6347 GBP | ||||
10p ordinary | Sale | 13,459 | 4.5763 GBP | ||||
10p ordinary | Sale | 12,615 | 4.5616 GBP | ||||
10p ordinary | Sale | 9,891 | 4.5761 GBP | ||||
10p ordinary | Sale | 7,983 | 4.5801 GBP | ||||
10p ordinary | Sale | 7,406 | 4.5806 GBP | ||||
10p ordinary | Sale | 7,328 | 4.5780 GBP | ||||
10p ordinary | Sale | 4,854 | 4.5743 GBP | ||||
10p ordinary | Sale | 4,264 | 4.5750 GBP | ||||
10p ordinary | Sale | 4,150 | 4.5685 GBP | ||||
10p ordinary | Sale | 4,081 | 4.5742 GBP | ||||
10p ordinary | Sale | 3,668 | 4.5744 GBP | ||||
10p ordinary | Sale | 2,938 | 4.5800 GBP | ||||
10p ordinary | Sale | 1,789 | 4.5805 GBP | ||||
10p ordinary | Sale | 1,726 | 4.5870 GBP | ||||
10p ordinary | Sale | 1,504 | 4.5880 GBP | ||||
10p ordinary | Sale | 1,498 | 4.5740 GBP | ||||
10p ordinary | Sale | 1,248 | 4.5680 GBP | ||||
10p ordinary | Sale | 962 | 4.5732 GBP | ||||
10p ordinary | Sale | 632 | 4.5900 GBP | ||||
10p ordinary | Sale | 264 | 4.5726 GBP | ||||
10p ordinary | Sale | 51 | 4.5940 GBP | ||||
10p ordinary | Sale | 23 | 4.5819 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
10p ordinary | CFD | Decreasing Short | 2,426 | 4.5600 GBP | |||
10p ordinary | CFD | Decreasing Short | 6,031 | 4.5743 GBP | |||
10p ordinary | CFD | Increasing Short | 247,521 | 4.5600 GBP | |||
10p ordinary | CFD | Increasing Short | 50,000 | 4.5709 GBP | |||
10p ordinary | SWAP | Closing Long | 649 | 4.5673 GBP | |||
10p ordinary | SWAP | Opening Long | 56,561 | 4.5600 GBP | |||
10p ordinary | SWAP | Increasing Long | 2 | 4.5700 GBP | |||
10p ordinary | SWAP | Increasing Long | 18,326 | 4.5813 GBP | |||
10p ordinary | SWAP | Increasing Long | 13,969 | 4.6347 GBP | |||
10p ordinary | SWAP | Decreasing Long | 74,886 | 4.5614 GBP | |||
10p ordinary | SWAP | Closing Long | 3 | 4.5833 GBP | |||
10p ordinary | SWAP | Increasing Long | 21,145 | 4.5590 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,553 | 4.5777 GBP | |||
10p ordinary | SWAP | Increasing Short | 63 | 4.5777 GBP | |||
10p ordinary | SWAP | Decreasing Short | 27,009 | 4.5600 GBP | |||
10p ordinary | SWAP | Decreasing Short | 239 | 4.5780 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,726 | 4.5870 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,674 | 4.5880 GBP | |||
10p ordinary | SWAP | Increasing Short | 25,359 | 4.5605 GBP | |||
10p ordinary | SWAP | Increasing Short | 27,832 | 4.5754 GBP | |||
10p ordinary | SWAP | Increasing Short | 153,880 | 4.5767 GBP | |||
10p ordinary | SWAP | Increasing Short | 20,359 | 4.5771 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,925 | 4.5802 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,591 | 4.5811 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,391 | 4.5860 GBP | |||
10p ordinary | SWAP | Increasing Long | 23 | 4.5819 GBP | |||
10p ordinary | SWAP | Decreasing Long | 30,142 | 4.5841 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,464 | 4.5951 GBP | |||
10p ordinary | SWAP | Decreasing Long | 379 | 4.6020 GBP | |||
10p ordinary | SWAP | Increasing Short | 16,133 | 4.5600 GBP | |||
10p ordinary | SWAP | Increasing Short | 51,718 | 4.5711 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,664 | 4.5762 GBP | |||
1.7p ordinary | SWAP | Increasing Long | 75,000 | 4.5733 GBP | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | Option money paid/ received per unit |
(ii) | Exercising |
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Class of relevant security | Product description | Exercising/ exercised against | Number of securities | Exercise price per unit | |||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant security | Nature of Dealings | Details | Price per unit (if 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 person 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 |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 30 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)