10th Jun 2024 14:30
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: | 07 Jun 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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| 32,755,990 | 2.37% | 24,826,675 | 1.80% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,023,936 | 0.58% | 31,541,732 | 2.29% |
(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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| 40,779,926 | 2.96% | 56,368,407 | 4.09% |
(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 | 1,125,000 | 3.7273 GBP | ||||
10p ordinary | Purchase | 237,441 | 3.7072 GBP | ||||
10p ordinary | Purchase | 157,969 | 3.7283 GBP | ||||
10p ordinary | Purchase | 154,315 | 3.7040 GBP | ||||
10p ordinary | Purchase | 129,886 | 3.7279 GBP | ||||
10p ordinary | Purchase | 78,023 | 3.7290 GBP | ||||
10p ordinary | Purchase | 70,393 | 3.7270 GBP | ||||
10p ordinary | Purchase | 63,201 | 3.7274 GBP | ||||
10p ordinary | Purchase | 56,851 | 3.7101 GBP | ||||
10p ordinary | Purchase | 34,885 | 3.7325 GBP | ||||
10p ordinary | Purchase | 15,462 | 3.7245 GBP | ||||
10p ordinary | Purchase | 10,299 | 3.7309 GBP | ||||
10p ordinary | Purchase | 9,273 | 3.7244 GBP | ||||
10p ordinary | Purchase | 8,040 | 3.7242 GBP | ||||
10p ordinary | Purchase | 7,540 | 3.7282 GBP | ||||
10p ordinary | Purchase | 6,795 | 3.7284 GBP | ||||
10p ordinary | Purchase | 6,624 | 3.7291 GBP | ||||
10p ordinary | Purchase | 5,662 | 3.7300 GBP | ||||
10p ordinary | Purchase | 5,646 | 3.7315 GBP | ||||
10p ordinary | Purchase | 4,741 | 3.7266 GBP | ||||
10p ordinary | Purchase | 4,611 | 3.7229 GBP | ||||
10p ordinary | Purchase | 3,713 | 3.7317 GBP | ||||
10p ordinary | Purchase | 3,194 | 3.7280 GBP | ||||
10p ordinary | Purchase | 3,163 | 3.7200 GBP | ||||
10p ordinary | Purchase | 2,968 | 3.7342 GBP | ||||
10p ordinary | Purchase | 2,407 | 3.7150 GBP | ||||
10p ordinary | Purchase | 2,160 | 3.7258 GBP | ||||
10p ordinary | Purchase | 2,099 | 3.7352 GBP | ||||
10p ordinary | Purchase | 1,975 | 3.7240 GBP | ||||
10p ordinary | Purchase | 1,916 | 3.7381 GBP | ||||
10p ordinary | Purchase | 1,914 | 3.7230 GBP | ||||
10p ordinary | Purchase | 1,892 | 3.7199 GBP | ||||
10p ordinary | Purchase | 1,801 | 3.7313 GBP | ||||
10p ordinary | Purchase | 1,667 | 3.7347 GBP | ||||
10p ordinary | Purchase | 1,652 | 3.7260 GBP | ||||
10p ordinary | Purchase | 1,650 | 3.7327 GBP | ||||
10p ordinary | Purchase | 1,513 | 3.7120 GBP | ||||
10p ordinary | Purchase | 1,238 | 3.7380 GBP | ||||
10p ordinary | Purchase | 1,185 | 3.7400 GBP | ||||
10p ordinary | Purchase | 1,114 | 3.7330 GBP | ||||
10p ordinary | Purchase | 814 | 3.7440 GBP | ||||
10p ordinary | Purchase | 748 | 3.7360 GBP | ||||
10p ordinary | Purchase | 300 | 3.7122 GBP | ||||
10p ordinary | Purchase | 146 | 3.7076 GBP | ||||
10p ordinary | Purchase | 65 | 3.7320 GBP | ||||
10p ordinary | Purchase | 20 | 3.7430 GBP | ||||
10p ordinary | Purchase | 20 | 3.7340 GBP | ||||
10p ordinary | Sale | 1,799,386 | 3.7240 GBP | ||||
10p ordinary | Sale | 656,300 | 3.7269 GBP | ||||
10p ordinary | Sale | 238,491 | 3.7060 GBP | ||||
10p ordinary | Sale | 208,866 | 3.7040 GBP | ||||
10p ordinary | Sale | 182,013 | 3.7293 GBP | ||||
10p ordinary | Sale | 142,898 | 3.7273 GBP | ||||
10p ordinary | Sale | 139,324 | 3.7256 GBP | ||||
10p ordinary | Sale | 127,338 | 3.7300 GBP | ||||
10p ordinary | Sale | 90,000 | 3.7165 GBP | ||||
10p ordinary | Sale | 70,121 | 3.7272 GBP | ||||
10p ordinary | Sale | 56,930 | 3.7034 GBP | ||||
10p ordinary | Sale | 46,982 | 3.7252 GBP | ||||
10p ordinary | Sale | 38,483 | 3.7274 GBP | ||||
10p ordinary | Sale | 10,065 | 3.7291 GBP | ||||
10p ordinary | Sale | 10,009 | 3.7260 GBP | ||||
10p ordinary | Sale | 9,953 | 3.7303 GBP | ||||
10p ordinary | Sale | 9,808 | 3.7325 GBP | ||||
10p ordinary | Sale | 9,473 | 3.7259 GBP | ||||
10p ordinary | Sale | 6,748 | 3.7144 GBP | ||||
10p ordinary | Sale | 6,677 | 3.7285 GBP | ||||
10p ordinary | Sale | 5,592 | 3.7242 GBP | ||||
10p ordinary | Sale | 4,992 | 3.7166 GBP | ||||
10p ordinary | Sale | 4,375 | 3.7270 GBP | ||||
10p ordinary | Sale | 3,727 | 3.7280 GBP | ||||
10p ordinary | Sale | 3,019 | 3.7271 GBP | ||||
10p ordinary | Sale | 2,482 | 3.7320 GBP | ||||
10p ordinary | Sale | 2,194 | 3.7318 GBP | ||||
10p ordinary | Sale | 2,119 | 3.7253 GBP | ||||
10p ordinary | Sale | 1,821 | 3.7226 GBP | ||||
10p ordinary | Sale | 1,513 | 3.7120 GBP | ||||
10p ordinary | Sale | 1,448 | 3.7200 GBP | ||||
10p ordinary | Sale | 1,238 | 3.7380 GBP | ||||
10p ordinary | Sale | 776 | 3.7313 GBP | ||||
10p ordinary | Sale | 760 | 3.7345 GBP | ||||
10p ordinary | Sale | 600 | 3.7035 GBP | ||||
10p ordinary | Sale | 301 | 3.7220 GBP | ||||
10p ordinary | Sale | 248 | 3.7254 GBP | ||||
10p ordinary | Sale | 206 | 3.7241 GBP | ||||
10p ordinary | Sale | 189 | 3.7191 GBP | ||||
10p ordinary | Sale | 20 | 3.7340 GBP | ||||
10p ordinary | Sale | 20 | 3.7430 GBP | ||||
10p ordinary | Sale | 67 | 3.7018 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 | Decreasing Long | 300 | 3.7122 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,543 | 3.7200 GBP | |||
10p ordinary | SWAP | Decreasing Long | 63,201 | 3.7274 GBP | |||
10p ordinary | SWAP | Decreasing Short | 269 | 3.7340 GBP | |||
10p ordinary | SWAP | Decreasing Short | 301 | 3.7220 GBP | |||
10p ordinary | CFD | Decreasing Short | 7,422 | 3.7280 GBP | |||
10p ordinary | CFD | Decreasing Short | 14,614 | 3.7177 GBP | |||
10p ordinary | SWAP | Decreasing Short | 70,121 | 3.7272 GBP | |||
10p ordinary | SWAP | Decreasing Short | 71,115 | 3.7055 GBP | |||
10p ordinary | SWAP | Decreasing Short | 142,898 | 3.7273 GBP | |||
10p ordinary | CFD | Decreasing Short | 181,677 | 3.7039 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,777,480 | 3.7240 GBP | |||
10p ordinary | SWAP | Increasing Long | 6,677 | 3.7285 GBP | |||
10p ordinary | SWAP | Increasing Long | 57,530 | 3.7034 GBP | |||
10p ordinary | SWAP | Increasing Short | 6 | 3.7300 GBP | |||
10p ordinary | SWAP | Increasing Short | 584 | 3.7400 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,099 | 3.7352 GBP | |||
10p ordinary | CFD | Increasing Short | 2,574 | 3.7246 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,968 | 3.7342 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,435 | 3.7193 GBP | |||
10p ordinary | CFD | Increasing Short | 7,422 | 3.7280 GBP | |||
10p ordinary | CFD | Increasing Short | 48,511 | 3.7043 GBP | |||
10p ordinary | SWAP | Increasing Short | 65,804 | 3.7040 GBP | |||
10p ordinary | SWAP | Increasing Short | 86,956 | 3.7040 GBP | |||
10p ordinary | SWAP | Increasing Short | 156,234 | 3.7283 GBP | |||
10p ordinary | SWAP | Opening Short | 29,816 | 3.7203 GBP | |||
10p ordinary | SWAP | Opening Short | 31,085 | 3.7265 GBP | |||
10p ordinary | SWAP | Opening Short | 200,000 | 6.0481 USD | |||
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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: | 10 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)