28th May 2024 12:40
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: | 24 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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| 31,215,514 | 2.26% | 19,438,719 | 1.41% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,271,143 | 0.60% | 29,424,614 | 2.13% |
(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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| 39,486,657 | 2.86% | 48,863,333 | 3.54% |
(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 |
| securities |
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10p ordinary | Purchase | 1,000,000 | 3.7146 GBP | ||||
10p ordinary | Purchase | 865,928 | 3.6957 GBP | ||||
10p ordinary | Purchase | 428,933 | 3.7100 GBP | ||||
10p ordinary | Purchase | 382,252 | 3.6290 GBP | ||||
10p ordinary | Purchase | 358,040 | 3.6956 GBP | ||||
10p ordinary | Purchase | 330,355 | 3.6881 GBP | ||||
10p ordinary | Purchase | 301,907 | 3.7009 GBP | ||||
10p ordinary | Purchase | 285,639 | 3.6960 GBP | ||||
10p ordinary | Purchase | 201,743 | 3.6130 GBP | ||||
10p ordinary | Purchase | 200,274 | 3.7097 GBP | ||||
10p ordinary | Purchase | 123,687 | 3.6589 GBP | ||||
10p ordinary | Purchase | 123,650 | 3.6868 GBP | ||||
10p ordinary | Purchase | 100,000 | 3.6460 GBP | ||||
10p ordinary | Purchase | 62,431 | 3.6994 GBP | ||||
10p ordinary | Purchase | 61,974 | 3.6581 GBP | ||||
10p ordinary | Purchase | 56,060 | 3.7131 GBP | ||||
10p ordinary | Purchase | 55,071 | 3.7120 GBP | ||||
10p ordinary | Purchase | 52,492 | 3.6190 GBP | ||||
10p ordinary | Purchase | 39,632 | 3.7090 GBP | ||||
10p ordinary | Purchase | 39,135 | 3.7167 GBP | ||||
10p ordinary | Purchase | 26,954 | 3.7143 GBP | ||||
10p ordinary | Purchase | 25,911 | 3.6942 GBP | ||||
10p ordinary | Purchase | 25,621 | 3.6150 GBP | ||||
10p ordinary | Purchase | 18,035 | 3.7076 GBP | ||||
10p ordinary | Purchase | 16,285 | 3.6395 GBP | ||||
10p ordinary | Purchase | 14,150 | 3.7094 GBP | ||||
10p ordinary | Purchase | 11,871 | 3.6907 GBP | ||||
10p ordinary | Purchase | 11,753 | 3.6429 GBP | ||||
10p ordinary | Purchase | 11,101 | 3.6600 GBP | ||||
10p ordinary | Purchase | 9,852 | 3.6552 GBP | ||||
10p ordinary | Purchase | 8,490 | 3.6985 GBP | ||||
10p ordinary | Purchase | 8,119 | 3.7151 GBP | ||||
10p ordinary | Purchase | 7,733 | 3.6334 GBP | ||||
10p ordinary | Purchase | 7,579 | 3.7133 GBP | ||||
10p ordinary | Purchase | 7,500 | 3.6705 GBP | ||||
10p ordinary | Purchase | 5,000 | 3.6208 GBP | ||||
10p ordinary | Purchase | 4,532 | 3.7138 GBP | ||||
10p ordinary | Purchase | 3,252 | 3.7199 GBP | ||||
10p ordinary | Purchase | 2,622 | 3.7169 GBP | ||||
10p ordinary | Purchase | 2,612 | 3.7172 GBP | ||||
10p ordinary | Purchase | 2,092 | 3.7140 GBP | ||||
10p ordinary | Purchase | 2,000 | 3.7020 GBP | ||||
10p ordinary | Purchase | 1,851 | 3.7369 GBP | ||||
10p ordinary | Purchase | 1,558 | 3.6400 GBP | ||||
10p ordinary | Purchase | 1,449 | 3.7154 GBP | ||||
10p ordinary | Purchase | 1,405 | 3.7059 GBP | ||||
10p ordinary | Purchase | 1,305 | 3.7163 GBP | ||||
10p ordinary | Purchase | 1,236 | 3.7040 GBP | ||||
10p ordinary | Purchase | 1,150 | 3.6280 GBP | ||||
10p ordinary | Purchase | 1,027 | 3.7060 GBP | ||||
10p ordinary | Purchase | 856 | 3.7200 GBP | ||||
10p ordinary | Purchase | 795 | 3.7400 GBP | ||||
10p ordinary | Purchase | 761 | 3.6980 GBP | ||||
10p ordinary | Purchase | 740 | 3.7180 GBP | ||||
10p ordinary | Purchase | 687 | 3.7160 GBP | ||||
10p ordinary | Purchase | 592 | 3.7360 GBP | ||||
10p ordinary | Purchase | 341 | 3.6820 GBP | ||||
10p ordinary | Purchase | 339 | 3.6920 GBP | ||||
10p ordinary | Sale | 1,289,005 | 3.6960 GBP | ||||
10p ordinary | Sale | 610,000 | 3.7280 GBP | ||||
10p ordinary | Sale | 382,373 | 3.7029 GBP | ||||
10p ordinary | Sale | 247,384 | 3.6456 GBP | ||||
10p ordinary | Sale | 232,364 | 3.6138 GBP | ||||
10p ordinary | Sale | 189,788 | 3.7101 GBP | ||||
10p ordinary | Sale | 150,000 | 3.7161 GBP | ||||
10p ordinary | Sale | 120,457 | 3.6962 GBP | ||||
10p ordinary | Sale | 90,271 | 3.7067 GBP | ||||
10p ordinary | Sale | 78,864 | 3.7043 GBP | ||||
10p ordinary | Sale | 49,648 | 3.7078 GBP | ||||
10p ordinary | Sale | 45,852 | 3.7111 GBP | ||||
10p ordinary | Sale | 40,860 | 3.6433 GBP | ||||
10p ordinary | Sale | 39,632 | 3.7093 GBP | ||||
10p ordinary | Sale | 33,943 | 3.6490 GBP | ||||
10p ordinary | Sale | 27,243 | 3.6400 GBP | ||||
10p ordinary | Sale | 22,113 | 3.6961 GBP | ||||
10p ordinary | Sale | 21,290 | 3.7076 GBP | ||||
10p ordinary | Sale | 15,844 | 3.7128 GBP | ||||
10p ordinary | Sale | 11,101 | 3.6600 GBP | ||||
10p ordinary | Sale | 10,106 | 3.7063 GBP | ||||
10p ordinary | Sale | 8,048 | 3.7099 GBP | ||||
10p ordinary | Sale | 6,299 | 3.7053 GBP | ||||
10p ordinary | Sale | 5,622 | 3.6878 GBP | ||||
10p ordinary | Sale | 3,754 | 3.7090 GBP | ||||
10p ordinary | Sale | 3,610 | 3.7292 GBP | ||||
10p ordinary | Sale | 2,747 | 3.7100 GBP | ||||
10p ordinary | Sale | 2,480 | 3.6725 GBP | ||||
10p ordinary | Sale | 2,463 | 3.7170 GBP | ||||
10p ordinary | Sale | 2,455 | 3.7054 GBP | ||||
10p ordinary | Sale | 2,194 | 3.6862 GBP | ||||
10p ordinary | Sale | 2,054 | 3.7008 GBP | ||||
10p ordinary | Sale | 2,007 | 3.7360 GBP | ||||
10p ordinary | Sale | 2,000 | 3.7020 GBP | ||||
10p ordinary | Sale | 2,000 | 3.7120 GBP | ||||
10p ordinary | Sale | 1,966 | 3.6512 GBP | ||||
10p ordinary | Sale | 1,560 | 3.6678 GBP | ||||
10p ordinary | Sale | 1,556 | 3.7140 GBP | ||||
10p ordinary | Sale | 1,236 | 3.7040 GBP | ||||
10p ordinary | Sale | 1,219 | 3.6980 GBP | ||||
10p ordinary | Sale | 1,027 | 3.7060 GBP | ||||
10p ordinary | Sale | 856 | 3.7200 GBP | ||||
10p ordinary | Sale | 761 | 3.6984 GBP | ||||
10p ordinary | Sale | 740 | 3.7180 GBP | ||||
10p ordinary | Sale | 687 | 3.7160 GBP | ||||
10p ordinary | Sale | 536 | 3.7143 GBP | ||||
10p ordinary | Sale | 530 | 3.7158 GBP | ||||
10p ordinary | Sale | 463 | 3.6940 GBP | ||||
10p ordinary | Sale | 383 | 3.6992 GBP | ||||
10p ordinary | Sale | 341 | 3.6820 GBP | ||||
10p ordinary | Sale | 155 | 3.7000 GBP | ||||
10p ordinary | Sale | 81 | 3.6920 GBP | ||||
10p ordinary | Sale | -1,528 | 3.6933 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 Long | 382,252 | 3.6290 GBP | |||
10p ordinary | SWAP | Decreasing Long | 586 | 3.7100 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,191 | 3.6960 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,305 | 3.7163 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,449 | 3.7154 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,886 | 3.7095 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,532 | 3.7138 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,758 | 3.7000 GBP | |||
10p ordinary | SWAP | Decreasing Long | 8,119 | 3.7151 GBP | |||
10p ordinary | SWAP | Decreasing Long | 8,490 | 3.6985 GBP | |||
10p ordinary | SWAP | Decreasing Long | 19,045 | 3.7131 GBP | |||
10p ordinary | SWAP | Decreasing Long | 26,954 | 3.7143 GBP | |||
10p ordinary | SWAP | Decreasing Long | 33,377 | 3.7196 GBP | |||
10p ordinary | CFD | Decreasing Short | 14 | 3.6957 GBP | |||
10p ordinary | CFD | Decreasing Short | 237 | 3.6959 GBP | |||
10p ordinary | CFD | Decreasing Short | 739 | 3.6823 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,560 | 3.6678 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,054 | 3.7008 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,908 | 3.6600 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,622 | 3.6878 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,798 | 3.7131 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,106 | 3.7063 GBP | |||
10p ordinary | CFD | Decreasing Short | 11,101 | 3.6600 GBP | |||
10p ordinary | SWAP | Decreasing Short | 77,443 | 3.6953 GBP | |||
10p ordinary | SWAP | Decreasing Short | 78,864 | 3.7043 GBP | |||
10p ordinary | CFD | Decreasing Short | 167,306 | 3.7081 GBP | |||
10p ordinary | CFD | Decreasing Short | 202,543 | 3.7052 GBP | |||
10p ordinary | SWAP | Increasing Long | 530 | 3.7158 GBP | |||
10p ordinary | CFD | Increasing Short | 14 | 3.6957 GBP | |||
10p ordinary | CFD | Increasing Short | 237 | 3.6959 GBP | |||
10p ordinary | SWAP | Increasing Short | 715 | 3.7320 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,931 | 3.7400 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,622 | 3.7169 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,252 | 3.7199 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,000 | 3.6208 GBP | |||
10p ordinary | SWAP | Increasing Short | 25,606 | 3.7094 GBP | |||
10p ordinary | CFD | Increasing Short | 33,836 | 3.6956 GBP | |||
10p ordinary | SWAP | Increasing Short | 44,956 | 3.7124 GBP | |||
10p ordinary | SWAP | Increasing Short | 51,767 | 3.7120 GBP | |||
10p ordinary | SWAP | Increasing Short | 64,137 | 3.7130 GBP | |||
10p ordinary | SWAP | Increasing Short | 206,741 | 3.7097 GBP | |||
10p ordinary | CFD | Increasing Short | 258,325 | 3.6960 GBP | |||
10p ordinary | SWAP | Increasing Short | 330,355 | 3.6881 GBP | |||
10p ordinary | SWAP | Increasing Short | 527,768 | 3.6960 GBP | |||
10p ordinary | SWAP | Opening Long | 45,999 | 3.6919 GBP | |||
10p ordinary | SWAP | Opening Long | 90,790 | 3.7101 GBP | |||
10p ordinary | SWAP | Opening Long | 358,040 | 3.6956 GBP | |||
10p ordinary | SWAP | Opening Long | 425,600 | 3.7100 GBP | |||
10p ordinary | SWAP | Opening Long | 1,011,149 | 3.6960 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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(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: | 28 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)