29th May 2024 13:50
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: | 28 May 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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| 32,322,780 | 2.34% | 18,997,059 | 1.38% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,005,268 | 0.58% | 31,016,754 | 2.25% |
(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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| 40,328,048 | 2.92% | 50,013,813 | 3.63% |
(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 | 686,447 | 3.7421 GBP | ||||
10p ordinary | Purchase | 448,239 | 3.7440 GBP | ||||
10p ordinary | Purchase | 362,063 | 3.7156 GBP | ||||
10p ordinary | Purchase | 194,362 | 3.7405 GBP | ||||
10p ordinary | Purchase | 110,154 | 3.7302 GBP | ||||
10p ordinary | Purchase | 67,895 | 3.7162 GBP | ||||
10p ordinary | Purchase | 27,961 | 3.7159 GBP | ||||
10p ordinary | Purchase | 15,523 | 3.7271 GBP | ||||
10p ordinary | Purchase | 12,156 | 3.7187 GBP | ||||
10p ordinary | Purchase | 11,013 | 3.6971 GBP | ||||
10p ordinary | Purchase | 10,127 | 3.7238 GBP | ||||
10p ordinary | Purchase | 8,838 | 3.7303 GBP | ||||
10p ordinary | Purchase | 8,832 | 3.7068 GBP | ||||
10p ordinary | Purchase | 8,034 | 3.7188 GBP | ||||
10p ordinary | Purchase | 7,971 | 3.7191 GBP | ||||
10p ordinary | Purchase | 5,767 | 3.7040 GBP | ||||
10p ordinary | Purchase | 5,715 | 3.7020 GBP | ||||
10p ordinary | Purchase | 4,995 | 3.7307 GBP | ||||
10p ordinary | Purchase | 3,913 | 3.7054 GBP | ||||
10p ordinary | Purchase | 3,368 | 3.7060 GBP | ||||
10p ordinary | Purchase | 2,875 | 3.7441 GBP | ||||
10p ordinary | Purchase | 2,592 | 3.6996 GBP | ||||
10p ordinary | Purchase | 2,590 | 3.7540 GBP | ||||
10p ordinary | Purchase | 2,487 | 3.7169 GBP | ||||
10p ordinary | Purchase | 2,215 | 3.7299 GBP | ||||
10p ordinary | Purchase | 2,140 | 3.7500 GBP | ||||
10p ordinary | Purchase | 2,008 | 3.7266 GBP | ||||
10p ordinary | Purchase | 1,841 | 3.7520 GBP | ||||
10p ordinary | Purchase | 1,819 | 3.7291 GBP | ||||
10p ordinary | Purchase | 1,570 | 3.7200 GBP | ||||
10p ordinary | Purchase | 1,349 | 3.7511 GBP | ||||
10p ordinary | Purchase | 970 | 3.7560 GBP | ||||
10p ordinary | Purchase | 878 | 3.7080 GBP | ||||
10p ordinary | Purchase | 862 | 3.7280 GBP | ||||
10p ordinary | Purchase | 848 | 3.7400 GBP | ||||
10p ordinary | Purchase | 794 | 3.7480 GBP | ||||
10p ordinary | Purchase | 745 | 3.7180 GBP | ||||
10p ordinary | Purchase | 424 | 3.7219 GBP | ||||
10p ordinary | Purchase | 210 | 3.7550 GBP | ||||
10p ordinary | Purchase | 21 | 3.7429 GBP | ||||
10p ordinary | Sale | 549,043 | 3.7440 GBP | ||||
10p ordinary | Sale | 247,754 | 3.7309 GBP | ||||
10p ordinary | Sale | 134,593 | 3.7273 GBP | ||||
10p ordinary | Sale | 120,892 | 3.7437 GBP | ||||
10p ordinary | Sale | 70,872 | 3.7438 GBP | ||||
10p ordinary | Sale | 59,916 | 3.7439 GBP | ||||
10p ordinary | Sale | 35,903 | 3.7164 GBP | ||||
10p ordinary | Sale | 10,338 | 3.7048 GBP | ||||
10p ordinary | Sale | 9,494 | 3.6960 GBP | ||||
10p ordinary | Sale | 8,401 | 3.7072 GBP | ||||
10p ordinary | Sale | 6,962 | 3.7075 GBP | ||||
10p ordinary | Sale | 6,159 | 3.7006 GBP | ||||
10p ordinary | Sale | 5,020 | 3.7040 GBP | ||||
10p ordinary | Sale | 4,937 | 3.7038 GBP | ||||
10p ordinary | Sale | 3,107 | 3.7060 GBP | ||||
10p ordinary | Sale | 2,590 | 3.7540 GBP | ||||
10p ordinary | Sale | 2,140 | 3.7500 GBP | ||||
10p ordinary | Sale | 1,841 | 3.7520 GBP | ||||
10p ordinary | Sale | 1,828 | 3.7138 GBP | ||||
10p ordinary | Sale | 1,444 | 3.7020 GBP | ||||
10p ordinary | Sale | 1,299 | 3.7100 GBP | ||||
10p ordinary | Sale | 970 | 3.7560 GBP | ||||
10p ordinary | Sale | 878 | 3.7080 GBP | ||||
10p ordinary | Sale | 862 | 3.7280 GBP | ||||
10p ordinary | Sale | 794 | 3.7480 GBP | ||||
10p ordinary | Sale | 745 | 3.7360 GBP | ||||
10p ordinary | Sale | 212 | 3.7170 GBP | ||||
10p ordinary | Sale | 106 | 3.7400 GBP | ||||
10p ordinary | Sale | 716 | 3.7429 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 | Closing Short | 45,598 | 3.7209 GBP | |||
10p ordinary | SWAP | Closing Short | 60,502 | 3.7210 GBP | |||
10p ordinary | SWAP | Closing Short | 135,096 | 3.7440 GBP | |||
10p ordinary | SWAP | Decreasing Long | 3,913 | 3.7054 GBP | |||
10p ordinary | CFD | Decreasing Short | 93 | 3.7439 GBP | |||
10p ordinary | CFD | Decreasing Short | 688 | 3.7000 GBP | |||
10p ordinary | CFD | Decreasing Short | 866 | 3.7295 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,023 | 3.7440 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,590 | 3.7268 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,937 | 3.7038 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,159 | 3.7006 GBP | |||
10p ordinary | CFD | Decreasing Short | 7,412 | 3.6995 GBP | |||
10p ordinary | CFD | Decreasing Short | 42,077 | 3.7105 GBP | |||
10p ordinary | CFD | Decreasing Short | 50,495 | 3.7123 GBP | |||
10p ordinary | SWAP | Decreasing Short | 134,593 | 3.7273 GBP | |||
10p ordinary | SWAP | Decreasing Short | 140,751 | 3.7426 GBP | |||
10p ordinary | SWAP | Increasing Long | 10,338 | 3.7048 GBP | |||
10p ordinary | CFD | Increasing Short | 93 | 3.7439 GBP | |||
10p ordinary | SWAP | Increasing Short | 261 | 3.7060 GBP | |||
10p ordinary | CFD | Increasing Short | 688 | 3.7000 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,592 | 3.6996 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,875 | 3.7441 GBP | |||
10p ordinary | SWAP | Increasing Short | 37,667 | 3.7225 GBP | |||
10p ordinary | SWAP | Increasing Short | 51,829 | 3.7161 GBP | |||
10p ordinary | SWAP | Increasing Short | 61,931 | 3.7307 GBP | |||
10p ordinary | SWAP | Increasing Short | 106,289 | 3.7440 GBP | |||
10p ordinary | SWAP | Increasing Short | 110,154 | 3.7302 GBP | |||
10p ordinary | SWAP | Increasing Short | 111,214 | 3.7439 GBP | |||
10p ordinary | SWAP | Increasing Short | 362,063 | 3.7156 GBP | |||
10p ordinary | CFD | Increasing Short | 383,155 | 3.7440 GBP | |||
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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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| per unit |
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| relates |
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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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| securities | unit | |||
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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: | 29 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)