19th Aug 2024 15:18
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: | 16 Aug 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: | 34,539,860 | 2.50% | 32,425,593 | 2.35% | |||
(2) Cash-settled derivatives: | 11,907,622 | 0.86% | 33,593,242 | 2.43% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 46,447,482 | 3.37% | 66,018,835 | 4.78% | |||
(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 | 2,204,039 | 4.6126 GBP | ||||
10p ordinary | Purchase | 164,564 | 4.6088 GBP | ||||
10p ordinary | Purchase | 130,216 | 4.6327 GBP | ||||
10p ordinary | Purchase | 112,873 | 4.6374 GBP | ||||
10p ordinary | Purchase | 107,252 | 4.5731 GBP | ||||
10p ordinary | Purchase | 89,055 | 4.6377 GBP | ||||
10p ordinary | Purchase | 80,067 | 4.6029 GBP | ||||
10p ordinary | Purchase | 63,365 | 4.6000 GBP | ||||
10p ordinary | Purchase | 46,700 | 4.6012 GBP | ||||
10p ordinary | Purchase | 35,837 | 4.6149 GBP | ||||
10p ordinary | Purchase | 34,714 | 4.6094 GBP | ||||
10p ordinary | Purchase | 30,590 | 4.5810 GBP | ||||
10p ordinary | Purchase | 11,281 | 4.5903 GBP | ||||
10p ordinary | Purchase | 8,983 | 4.5834 GBP | ||||
10p ordinary | Purchase | 5,900 | 4.5860 GBP | ||||
10p ordinary | Purchase | 5,291 | 4.5760 GBP | ||||
10p ordinary | Purchase | 3,690 | 4.5740 GBP | ||||
10p ordinary | Purchase | 3,403 | 4.6371 GBP | ||||
10p ordinary | Purchase | 3,200 | 4.6380 GBP | ||||
10p ordinary | Purchase | 2,947 | 4.5850 GBP | ||||
10p ordinary | Purchase | 2,319 | 4.5660 GBP | ||||
10p ordinary | Purchase | 2,291 | 4.5812 GBP | ||||
10p ordinary | Purchase | 2,287 | 4.5720 GBP | ||||
10p ordinary | Purchase | 2,111 | 4.5880 GBP | ||||
10p ordinary | Purchase | 2,111 | 4.5875 GBP | ||||
10p ordinary | Purchase | 1,537 | 4.6271 GBP | ||||
10p ordinary | Purchase | 1,414 | 4.6280 GBP | ||||
10p ordinary | Purchase | 836 | 4.5680 GBP | ||||
10p ordinary | Purchase | 669 | 4.5700 GBP | ||||
10p ordinary | Purchase | 23 | 4.5747 GBP | ||||
10p ordinary | Sale | 512,400 | 4.6123 GBP | ||||
10p ordinary | Sale | 283,141 | 4.6340 GBP | ||||
10p ordinary | Sale | 253,690 | 4.5740 GBP | ||||
10p ordinary | Sale | 247,004 | 4.6280 GBP | ||||
10p ordinary | Sale | 201,129 | 4.6344 GBP | ||||
10p ordinary | Sale | 158,720 | 4.5890 GBP | ||||
10p ordinary | Sale | 133,899 | 4.6322 GBP | ||||
10p ordinary | Sale | 129,379 | 4.6320 GBP | ||||
10p ordinary | Sale | 129,173 | 4.6053 GBP | ||||
10p ordinary | Sale | 86,792 | 4.6385 GBP | ||||
10p ordinary | Sale | 72,731 | 4.5996 GBP | ||||
10p ordinary | Sale | 72,248 | 4.6165 GBP | ||||
10p ordinary | Sale | 63,365 | 4.6000 GBP | ||||
10p ordinary | Sale | 58,844 | 4.5952 GBP | ||||
10p ordinary | Sale | 54,346 | 4.6188 GBP | ||||
10p ordinary | Sale | 48,797 | 4.6310 GBP | ||||
10p ordinary | Sale | 40,448 | 4.6380 GBP | ||||
10p ordinary | Sale | 39,929 | 4.6381 GBP | ||||
10p ordinary | Sale | 38,743 | 4.6116 GBP | ||||
10p ordinary | Sale | 25,124 | 4.6207 GBP | ||||
10p ordinary | Sale | 24,974 | 4.6131 GBP | ||||
10p ordinary | Sale | 22,794 | 4.6054 GBP | ||||
10p ordinary | Sale | 21,436 | 4.6333 GBP | ||||
10p ordinary | Sale | 19,923 | 4.5985 GBP | ||||
10p ordinary | Sale | 19,703 | 4.6276 GBP | ||||
10p ordinary | Sale | 15,157 | 4.6281 GBP | ||||
10p ordinary | Sale | 14,943 | 4.6214 GBP | ||||
10p ordinary | Sale | 8,115 | 4.5719 GBP | ||||
10p ordinary | Sale | 7,992 | 4.6321 GBP | ||||
10p ordinary | Sale | 7,490 | 4.6147 GBP | ||||
10p ordinary | Sale | 6,809 | 4.6339 GBP | ||||
10p ordinary | Sale | 6,641 | 4.6374 GBP | ||||
10p ordinary | Sale | 6,309 | 4.6062 GBP | ||||
10p ordinary | Sale | 6,158 | 4.6077 GBP | ||||
10p ordinary | Sale | 5,411 | 4.6162 GBP | ||||
10p ordinary | Sale | 5,181 | 4.6013 GBP | ||||
10p ordinary | Sale | 5,155 | 4.6311 GBP | ||||
10p ordinary | Sale | 4,937 | 4.5879 GBP | ||||
10p ordinary | Sale | 4,429 | 4.6373 GBP | ||||
10p ordinary | Sale | 4,231 | 4.6343 GBP | ||||
10p ordinary | Sale | 4,042 | 4.5660 GBP | ||||
10p ordinary | Sale | 3,976 | 4.6010 GBP | ||||
10p ordinary | Sale | 3,701 | 4.5700 GBP | ||||
10p ordinary | Sale | 3,335 | 4.5721 GBP | ||||
10p ordinary | Sale | 2,953 | 4.5862 GBP | ||||
10p ordinary | Sale | 2,507 | 4.5898 GBP | ||||
10p ordinary | Sale | 2,145 | 4.5720 GBP | ||||
10p ordinary | Sale | 2,111 | 4.5880 GBP | ||||
10p ordinary | Sale | 2,024 | 4.6059 GBP | ||||
10p ordinary | Sale | 1,905 | 4.5785 GBP | ||||
10p ordinary | Sale | 1,871 | 4.6213 GBP | ||||
10p ordinary | Sale | 1,740 | 4.6358 GBP | ||||
10p ordinary | Sale | 1,306 | 4.6363 GBP | ||||
10p ordinary | Sale | 1,294 | 4.5760 GBP | ||||
10p ordinary | Sale | 1,224 | 4.6337 GBP | ||||
10p ordinary | Sale | 1,078 | 4.6400 GBP | ||||
10p ordinary | Sale | 836 | 4.5680 GBP | ||||
10p ordinary | Sale | 444 | 4.5650 GBP | ||||
10p ordinary | Sale | 444 | 4.5600 GBP | ||||
10p ordinary | Sale | 314 | 4.5910 GBP | ||||
10p ordinary | Sale | 192 | 4.5820 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 | 12,593 | 4.6179 GBP | |||
10p ordinary | CFD | Decreasing Short | 4,903 | 4.6362 GBP | |||
10p ordinary | CFD | Decreasing Short | 6,641 | 4.6374 GBP | |||
10p ordinary | CFD | Decreasing Short | 6,522 | 4.6379 GBP | |||
10p ordinary | CFD | Increasing Short | 8,154 | 4.5727 GBP | |||
10p ordinary | CFD | Increasing Short | 23 | 4.5747 GBP | |||
10p ordinary | CFD | Increasing Short | 63,365 | 4.6000 GBP | |||
10p ordinary | CFD | Increasing Short | 1,178 | 4.6379 GBP | |||
10p ordinary | SWAP | Increasing Long | 4,429 | 4.6373 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,507 | 4.5898 GBP | |||
10p ordinary | SWAP | Decreasing Short | 28,194 | 4.6098 GBP | |||
10p ordinary | SWAP | Decreasing Short | 25,124 | 4.6207 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,649 | 4.6320 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,362 | 4.6380 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,997 | 4.5760 GBP | |||
10p ordinary | SWAP | Increasing Short | 80,067 | 4.6029 GBP | |||
10p ordinary | SWAP | Increasing Short | 29,357 | 4.6049 GBP | |||
10p ordinary | SWAP | Increasing Short | 55,293 | 4.6270 GBP | |||
10p ordinary | SWAP | Increasing Short | 2 | 4.6300 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,899 | 4.6380 GBP | |||
10p ordinary | SWAP | Opening Short | 30,590 | 4.5810 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,992 | 4.6321 GBP | |||
10p ordinary | SWAP | Decreasing Short | 9,748 | 4.6332 GBP | |||
10p ordinary | SWAP | Decreasing Short | 398 | 4.6380 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,331 | 4.5964 GBP | |||
10p ordinary | SWAP | Increasing Short | 35,837 | 4.6149 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,899 | 4.6380 GBP | |||
10p ordinary | SWAP | Increasing Long | 10,677 | 4.6200 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: | 19 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)