22nd Nov 2024 15:08
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: | 21 Nov 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: | 29,801,961 | 2.15% | 23,174,178 | 1.67% | |||
(2) Cash-settled derivatives: | 12,027,575 | 0.87% | 28,779,963 | 2.08% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 41,829,536 | 3.02% | 51,954,141 | 3.75% | |||
(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 | 333,106 | 5.8198 GBP | ||||
10p ordinary | Purchase | 270,000 | 5.7804 GBP | ||||
10p ordinary | Purchase | 269,286 | 5.8249 GBP | ||||
10p ordinary | Purchase | 250,000 | 5.6928 GBP | ||||
10p ordinary | Purchase | 94,100 | 5.8158 GBP | ||||
10p ordinary | Purchase | 83,501 | 5.7914 GBP | ||||
10p ordinary | Purchase | 83,219 | 5.8393 GBP | ||||
10p ordinary | Purchase | 81,448 | 5.8141 GBP | ||||
10p ordinary | Purchase | 60,062 | 5.8270 GBP | ||||
10p ordinary | Purchase | 55,924 | 5.8300 GBP | ||||
10p ordinary | Purchase | 50,800 | 5.8131 GBP | ||||
10p ordinary | Purchase | 40,617 | 5.8307 GBP | ||||
10p ordinary | Purchase | 36,750 | 5.8022 GBP | ||||
10p ordinary | Purchase | 34,080 | 5.8311 GBP | ||||
10p ordinary | Purchase | 33,804 | 5.8193 GBP | ||||
10p ordinary | Purchase | 27,834 | 5.7847 GBP | ||||
10p ordinary | Purchase | 27,834 | 5.8054 GBP | ||||
10p ordinary | Purchase | 23,990 | 5.8272 GBP | ||||
10p ordinary | Purchase | 18,966 | 5.8202 GBP | ||||
10p ordinary | Purchase | 14,191 | 5.8115 GBP | ||||
10p ordinary | Purchase | 11,749 | 5.8146 GBP | ||||
10p ordinary | Purchase | 11,604 | 5.7925 GBP | ||||
10p ordinary | Purchase | 7,109 | 5.8100 GBP | ||||
10p ordinary | Purchase | 5,741 | 5.8197 GBP | ||||
10p ordinary | Purchase | 5,547 | 5.8079 GBP | ||||
10p ordinary | Purchase | 5,078 | 5.7984 GBP | ||||
10p ordinary | Purchase | 4,228 | 5.7940 GBP | ||||
10p ordinary | Purchase | 2,881 | 5.7965 GBP | ||||
10p ordinary | Purchase | 2,172 | 5.7900 GBP | ||||
10p ordinary | Purchase | 2,100 | 5.7770 GBP | ||||
10p ordinary | Purchase | 1,889 | 5.7893 GBP | ||||
10p ordinary | Purchase | 1,597 | 5.7850 GBP | ||||
10p ordinary | Purchase | 1,579 | 5.8051 GBP | ||||
10p ordinary | Purchase | 857 | 5.7788 GBP | ||||
10p ordinary | Purchase | 602 | 5.8466 GBP | ||||
10p ordinary | Purchase | 240 | 5.7700 GBP | ||||
10p ordinary | Sale | 123,735 | 5.8038 GBP | ||||
10p ordinary | Sale | 122,307 | 5.8176 GBP | ||||
10p ordinary | Sale | 73,652 | 5.8132 GBP | ||||
10p ordinary | Sale | 70,584 | 5.8116 GBP | ||||
10p ordinary | Sale | 60,062 | 5.8269 GBP | ||||
10p ordinary | Sale | 59,127 | 5.7879 GBP | ||||
10p ordinary | Sale | 40,343 | 5.8300 GBP | ||||
10p ordinary | Sale | 18,523 | 5.7988 GBP | ||||
10p ordinary | Sale | 14,585 | 5.7860 GBP | ||||
10p ordinary | Sale | 11,145 | 5.8267 GBP | ||||
10p ordinary | Sale | 10,343 | 5.8161 GBP | ||||
10p ordinary | Sale | 9,001 | 5.7895 GBP | ||||
10p ordinary | Sale | 8,933 | 5.8180 GBP | ||||
10p ordinary | Sale | 7,867 | 5.8537 GBP | ||||
10p ordinary | Sale | 5,476 | 5.8080 GBP | ||||
10p ordinary | Sale | 3,703 | 5.7985 GBP | ||||
10p ordinary | Sale | 3,259 | 5.8215 GBP | ||||
10p ordinary | Sale | 2,578 | 5.8139 GBP | ||||
10p ordinary | Sale | 2,354 | 5.7922 GBP | ||||
10p ordinary | Sale | 1,638 | 5.7900 GBP | ||||
10p ordinary | Sale | 1,251 | 5.8021 GBP | ||||
10p ordinary | Sale | 1,237 | 5.7950 GBP | ||||
10p ordinary | Sale | 1,236 | 5.7907 GBP | ||||
10p ordinary | Sale | 977 | 5.8006 GBP | ||||
10p ordinary | Sale | 737 | 5.8074 GBP | ||||
10p ordinary | Sale | 686 | 5.8250 GBP | ||||
10p ordinary | Sale | 633 | 5.7873 GBP | ||||
10p ordinary | Sale | 485 | 5.8100 GBP | ||||
10p ordinary | Sale | 7 | 5.8550 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
10p ordinary | SWAP | Decreasing Short | 524 | 5.7850 GBP | |||
10p ordinary | SWAP | Decreasing Short | 21,397 | 5.7879 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,354 | 5.7922 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29,925 | 5.8019 GBP | |||
10p ordinary | SWAP | Decreasing Short | 123,735 | 5.8038 GBP | |||
10p ordinary | SWAP | Decreasing Short | 70,584 | 5.8116 GBP | |||
10p ordinary | SWAP | Decreasing Short | 53,963 | 5.8201 GBP | |||
10p ordinary | SWAP | Decreasing Short | 99 | 5.8300 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,867 | 5.8537 GBP | |||
10p ordinary | SWAP | Increasing Short | 40,577 | 5.6868 GBP | |||
10p ordinary | SWAP | Increasing Short | 250,000 | 5.6928 GBP | |||
10p ordinary | SWAP | Increasing Short | 240 | 5.7700 GBP | |||
10p ordinary | SWAP | Increasing Short | 857 | 5.7788 GBP | |||
10p ordinary | SWAP | Increasing Short | 270,000 | 5.7804 USD | |||
10p ordinary | SWAP | Increasing Short | 5,078 | 5.7984 GBP | |||
10p ordinary | SWAP | Increasing Short | 36,750 | 5.8022 USD | |||
10p ordinary | SWAP | Increasing Short | 27,834 | 5.8054 GBP | |||
10p ordinary | SWAP | Increasing Short | 50,800 | 5.8131 GBP | |||
10p ordinary | SWAP | Increasing Short | 280,726 | 5.8190 GBP | |||
10p ordinary | SWAP | Increasing Short | 127,114 | 5.8222 GBP | |||
10p ordinary | SWAP | Increasing Short | 70,499 | 5.8271 GBP | |||
10p ordinary | SWAP | Increasing Short | 23,990 | 5.8272 GBP | |||
10p ordinary | SWAP | Increasing Short | 39,802 | 5.8289 GBP | |||
10p ordinary | SWAP | Increasing Short | 45,101 | 5.8300 GBP | |||
10p ordinary | SWAP | Increasing Short | 40,617 | 5.8307 GBP | |||
10p ordinary | SWAP | Increasing Short | 34,080 | 5.8311 GBP | |||
10p ordinary | SWAP | Increasing Short | 83,219 | 5.8393 USD | |||
10p ordinary | SWAP | Increasing Short | 602 | 5.8466 GBP | |||
10p ordinary | CFD | Decreasing Short | 7,096 | 5.7816 GBP | |||
10p ordinary | CFD | Decreasing Short | 30,000 | 5.8147 GBP | |||
10p ordinary | CFD | Decreasing Short | 268 | 5.8300 GBP | |||
10p ordinary | CFD | Increasing Short | 82,911 | 5.7974 GBP | |||
10p ordinary | CFD | Increasing Short | 60,062 | 5.8269 GBP | |||
10p ordinary | CFD | Increasing Short | 111,603 | 5.8300 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: | 22 Nov 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)