26th Jul 2024 15:29
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 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: |
| |||||
(e) | Date position held/dealing undertaken: | 25 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: | 33,240,587 | 2.41% | 28,084,540 | 2.04% | |||
(2) Cash-settled derivatives: | 7,656,965 | 0.55% | 32,821,727 | 2.38% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 40,897,552 | 2.96% | 60,906,267 | 4.41% | |||
(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 | 246,637 | 4.4995 GBP | ||||
10p ordinary | Purchase | 239,639 | 4.4828 GBP | ||||
10p ordinary | Purchase | 145,510 | 4.5007 GBP | ||||
10p ordinary | Purchase | 75,000 | 4.4864 GBP | ||||
10p ordinary | Purchase | 69,661 | 4.5018 GBP | ||||
10p ordinary | Purchase | 50,116 | 4.5020 GBP | ||||
10p ordinary | Purchase | 49,641 | 4.4868 GBP | ||||
10p ordinary | Purchase | 48,425 | 4.4806 GBP | ||||
10p ordinary | Purchase | 35,999 | 4.4978 GBP | ||||
10p ordinary | Purchase | 19,798 | 4.4858 GBP | ||||
10p ordinary | Purchase | 18,486 | 4.4892 GBP | ||||
10p ordinary | Purchase | 13,604 | 4.4984 GBP | ||||
10p ordinary | Purchase | 11,738 | 4.4909 GBP | ||||
10p ordinary | Purchase | 10,807 | 4.4804 GBP | ||||
10p ordinary | Purchase | 7,572 | 4.4778 GBP | ||||
10p ordinary | Purchase | 7,418 | 4.4809 GBP | ||||
10p ordinary | Purchase | 7,345 | 4.4773 GBP | ||||
10p ordinary | Purchase | 6,680 | 4.4876 GBP | ||||
10p ordinary | Purchase | 5,829 | 4.4704 GBP | ||||
10p ordinary | Purchase | 5,483 | 4.4700 GBP | ||||
10p ordinary | Purchase | 4,097 | 4.4813 GBP | ||||
10p ordinary | Purchase | 2,486 | 4.4838 GBP | ||||
10p ordinary | Purchase | 1,688 | 4.5003 GBP | ||||
10p ordinary | Purchase | 1,570 | 4.4731 GBP | ||||
10p ordinary | Purchase | 1,200 | 4.4540 GBP | ||||
10p ordinary | Purchase | 1,013 | 4.4829 GBP | ||||
10p ordinary | Purchase | 962 | 4.4920 GBP | ||||
10p ordinary | Purchase | 830 | 4.4820 GBP | ||||
10p ordinary | Purchase | 742 | 4.4710 GBP | ||||
10p ordinary | Purchase | 734 | 4.4732 GBP | ||||
10p ordinary | Purchase | 727 | 4.4800 GBP | ||||
10p ordinary | Purchase | 699 | 4.4860 GBP | ||||
10p ordinary | Purchase | 207 | 4.4780 GBP | ||||
10p ordinary | Purchase | 177 | 4.4640 GBP | ||||
10p ordinary | Purchase | 119 | 4.4740 GBP | ||||
10p ordinary | Sale | 207,430 | 4.4958 GBP | ||||
10p ordinary | Sale | 180,631 | 4.5580 GBP | ||||
10p ordinary | Sale | 145,510 | 4.5007 GBP | ||||
10p ordinary | Sale | 69,475 | 4.5019 GBP | ||||
10p ordinary | Sale | 45,128 | 4.4937 GBP | ||||
10p ordinary | Sale | 32,807 | 4.4773 GBP | ||||
10p ordinary | Sale | 26,610 | 4.5020 GBP | ||||
10p ordinary | Sale | 24,745 | 4.4709 GBP | ||||
10p ordinary | Sale | 15,600 | 4.4789 GBP | ||||
10p ordinary | Sale | 15,531 | 4.4801 GBP | ||||
10p ordinary | Sale | 13,833 | 4.4750 GBP | ||||
10p ordinary | Sale | 13,479 | 4.4753 GBP | ||||
10p ordinary | Sale | 11,407 | 4.4929 GBP | ||||
10p ordinary | Sale | 5,442 | 4.5000 GBP | ||||
10p ordinary | Sale | 5,311 | 4.4842 GBP | ||||
10p ordinary | Sale | 4,697 | 4.4836 GBP | ||||
10p ordinary | Sale | 4,046 | 4.4702 GBP | ||||
10p ordinary | Sale | 3,851 | 4.4854 GBP | ||||
10p ordinary | Sale | 3,700 | 4.4833 GBP | ||||
10p ordinary | Sale | 3,650 | 4.4942 GBP | ||||
10p ordinary | Sale | 3,275 | 4.4805 GBP | ||||
10p ordinary | Sale | 3,001 | 4.4807 GBP | ||||
10p ordinary | Sale | 2,668 | 4.4705 GBP | ||||
10p ordinary | Sale | 2,547 | 4.4797 GBP | ||||
10p ordinary | Sale | 1,730 | 4.4878 GBP | ||||
10p ordinary | Sale | 1,321 | 4.4880 GBP | ||||
10p ordinary | Sale | 1,118 | 4.4912 GBP | ||||
10p ordinary | Sale | 892 | 4.4582 GBP | ||||
10p ordinary | Sale | 727 | 4.4800 GBP | ||||
10p ordinary | Sale | 422 | 4.4540 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 | 1,321 | 4.4880 GBP | |||
10p ordinary | CFD | Decreasing Short | 660 | 4.5020 GBP | |||
10p ordinary | CFD | Increasing Short | 219 | 4.4742 GBP | |||
10p ordinary | CFD | Increasing Short | 30,000 | 4.4898 GBP | |||
10p ordinary | CFD | Increasing Short | 145,510 | 4.5007 GBP | |||
10p ordinary | CFD | Increasing Short | 660 | 4.5020 GBP | |||
10p ordinary | SWAP | Decreasing Long | 639 | 4.4785 GBP | |||
10p ordinary | SWAP | Increasing Long | 3,700 | 4.4833 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,444 | 4.4858 GBP | |||
10p ordinary | SWAP | Increasing Short | 354 | 4.4858 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,046 | 4.4702 GBP | |||
10p ordinary | SWAP | Decreasing Short | 32,807 | 4.4773 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,635 | 4.4829 GBP | |||
10p ordinary | SWAP | Decreasing Short | 102,047 | 4.5020 GBP | |||
10p ordinary | SWAP | Decreasing Short | 180,631 | 4.5580 GBP | |||
10p ordinary | SWAP | Increasing Short | 486 | 4.4540 GBP | |||
10p ordinary | SWAP | Increasing Short | 742 | 4.4710 GBP | |||
10p ordinary | SWAP | Increasing Short | 42,753 | 4.4796 GBP | |||
10p ordinary | SWAP | Increasing Short | 239,639 | 4.4828 GBP | |||
10p ordinary | SWAP | Increasing Short | 60,359 | 4.5011 GBP | |||
10p ordinary | SWAP | Increasing Long | 5,442 | 4.5000 GBP | |||
10p ordinary | SWAP | Decreasing Long | 7,572 | 4.4778 GBP | |||
10p ordinary | SWAP | Decreasing Long | 6,284 | 4.4874 GBP | |||
10p ordinary | SWAP | Decreasing Long | 396 | 4.4920 GBP | |||
10p ordinary | SWAP | Decreasing Short | 24,745 | 4.4709 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,737 | 4.4740 GBP | |||
10p ordinary | SWAP | Decreasing Short | 54,413 | 4.5020 GBP | |||
10p ordinary | SWAP | Increasing Short | 49,641 | 4.4868 GBP | |||
10p ordinary | SWAP | Increasing Short | 25,054 | 4.4870 GBP | |||
10p ordinary | SWAP | Decreasing Short | 34,502 | 4.4785 GBP | |||
10p ordinary | SWAP | Decreasing Short | 116,012 | 4.4833 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 |
| |||||
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 |
| |||||
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 26 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)