16th Aug 2024 14:53
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: | 15 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: | 34,338,304 | 2.49% | 33,322,853 | 2.41% | |||
(2) Cash-settled derivatives: | 11,892,859 | 0.86% | 33,383,226 | 2.42% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 46,231,163 | 3.35% | 66,706,079 | 4.83% | |||
(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 | 189,756 | 4.5600 GBP | ||||
10p ordinary | Purchase | 145,495 | 4.5588 GBP | ||||
10p ordinary | Purchase | 121,878 | 4.6104 GBP | ||||
10p ordinary | Purchase | 97,724 | 4.6200 GBP | ||||
10p ordinary | Purchase | 80,007 | 4.5726 GBP | ||||
10p ordinary | Purchase | 77,578 | 4.6027 GBP | ||||
10p ordinary | Purchase | 70,499 | 4.5960 GBP | ||||
10p ordinary | Purchase | 56,224 | 4.6098 GBP | ||||
10p ordinary | Purchase | 55,558 | 4.5543 GBP | ||||
10p ordinary | Purchase | 53,432 | 4.6146 GBP | ||||
10p ordinary | Purchase | 51,442 | 4.5860 GBP | ||||
10p ordinary | Purchase | 33,673 | 4.6195 GBP | ||||
10p ordinary | Purchase | 29,877 | 4.6145 GBP | ||||
10p ordinary | Purchase | 28,647 | 4.5932 GBP | ||||
10p ordinary | Purchase | 22,826 | 4.5432 GBP | ||||
10p ordinary | Purchase | 20,445 | 4.5333 GBP | ||||
10p ordinary | Purchase | 14,927 | 4.5426 GBP | ||||
10p ordinary | Purchase | 11,402 | 4.5591 GBP | ||||
10p ordinary | Purchase | 10,708 | 4.5403 GBP | ||||
10p ordinary | Purchase | 9,772 | 4.5911 GBP | ||||
10p ordinary | Purchase | 8,884 | 4.5670 GBP | ||||
10p ordinary | Purchase | 7,913 | 4.5307 GBP | ||||
10p ordinary | Purchase | 6,382 | 4.5378 GBP | ||||
10p ordinary | Purchase | 6,031 | 4.5789 GBP | ||||
10p ordinary | Purchase | 4,918 | 4.5538 GBP | ||||
10p ordinary | Purchase | 4,461 | 4.5523 GBP | ||||
10p ordinary | Purchase | 3,391 | 4.5839 GBP | ||||
10p ordinary | Purchase | 2,532 | 4.5754 GBP | ||||
10p ordinary | Purchase | 2,493 | 4.5834 GBP | ||||
10p ordinary | Purchase | 1,874 | 4.5947 GBP | ||||
10p ordinary | Purchase | 1,737 | 4.5411 GBP | ||||
10p ordinary | Purchase | 1,613 | 4.5864 GBP | ||||
10p ordinary | Purchase | 1,294 | 4.5590 GBP | ||||
10p ordinary | Purchase | 1,209 | 4.5427 GBP | ||||
10p ordinary | Purchase | 1,085 | 4.5320 GBP | ||||
10p ordinary | Purchase | 1,085 | 4.5520 GBP | ||||
10p ordinary | Purchase | 1,066 | 4.5266 GBP | ||||
10p ordinary | Purchase | 1,000 | 4.5800 GBP | ||||
10p ordinary | Purchase | 975 | 4.6240 GBP | ||||
10p ordinary | Purchase | 710 | 4.6180 GBP | ||||
10p ordinary | Purchase | 412 | 4.5780 GBP | ||||
10p ordinary | Purchase | 240 | 4.6280 GBP | ||||
10p ordinary | Purchase | 235 | 4.6600 GBP | ||||
10p ordinary | Purchase | 170 | 4.5380 GBP | ||||
10p ordinary | Purchase | 72 | 4.5300 GBP | ||||
10p ordinary | Sale | 200,000 | 4.5434 GBP | ||||
10p ordinary | Sale | 158,577 | 4.6272 GBP | ||||
10p ordinary | Sale | 128,850 | 4.6223 GBP | ||||
10p ordinary | Sale | 121,591 | 4.6225 GBP | ||||
10p ordinary | Sale | 106,061 | 4.6202 GBP | ||||
10p ordinary | Sale | 91,977 | 4.6321 GBP | ||||
10p ordinary | Sale | 91,130 | 4.6290 GBP | ||||
10p ordinary | Sale | 88,754 | 4.6200 GBP | ||||
10p ordinary | Sale | 74,916 | 4.5976 GBP | ||||
10p ordinary | Sale | 69,239 | 4.6246 GBP | ||||
10p ordinary | Sale | 59,713 | 4.6351 GBP | ||||
10p ordinary | Sale | 57,400 | 4.6132 GBP | ||||
10p ordinary | Sale | 54,878 | 4.6252 GBP | ||||
10p ordinary | Sale | 35,311 | 4.5753 GBP | ||||
10p ordinary | Sale | 30,781 | 4.6214 GBP | ||||
10p ordinary | Sale | 30,019 | 4.5600 GBP | ||||
10p ordinary | Sale | 28,254 | 4.6185 GBP | ||||
10p ordinary | Sale | 23,412 | 4.6190 GBP | ||||
10p ordinary | Sale | 19,875 | 4.6504 GBP | ||||
10p ordinary | Sale | 17,934 | 4.6273 GBP | ||||
10p ordinary | Sale | 14,825 | 4.5900 GBP | ||||
10p ordinary | Sale | 8,623 | 4.5728 GBP | ||||
10p ordinary | Sale | 4,373 | 4.6357 GBP | ||||
10p ordinary | Sale | 3,919 | 4.5768 GBP | ||||
10p ordinary | Sale | 3,445 | 4.6244 GBP | ||||
10p ordinary | Sale | 3,031 | 4.6300 GBP | ||||
10p ordinary | Sale | 2,454 | 4.6220 GBP | ||||
10p ordinary | Sale | 2,175 | 4.5464 GBP | ||||
10p ordinary | Sale | 2,050 | 4.6529 GBP | ||||
10p ordinary | Sale | 2,046 | 4.5504 GBP | ||||
10p ordinary | Sale | 1,899 | 4.5840 GBP | ||||
10p ordinary | Sale | 1,515 | 4.6336 GBP | ||||
10p ordinary | Sale | 1,479 | 4.5619 GBP | ||||
10p ordinary | Sale | 1,342 | 4.6270 GBP | ||||
10p ordinary | Sale | 1,315 | 4.6540 GBP | ||||
10p ordinary | Sale | 1,010 | 4.5770 GBP | ||||
10p ordinary | Sale | 987 | 4.5622 GBP | ||||
10p ordinary | Sale | 975 | 4.6240 GBP | ||||
10p ordinary | Sale | 943 | 4.5835 GBP | ||||
10p ordinary | Sale | 840 | 4.6320 GBP | ||||
10p ordinary | Sale | 785 | 4.5500 GBP | ||||
10p ordinary | Sale | 710 | 4.6180 GBP | ||||
10p ordinary | Sale | 673 | 4.5280 GBP | ||||
10p ordinary | Sale | 311 | 4.6040 GBP | ||||
10p ordinary | Sale | 235 | 4.6600 GBP | ||||
10p ordinary | Sale | 4 | 4.5540 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 | 1,084 | 4.6026 GBP | |||
10p ordinary | CFD | Decreasing Short | 36,711 | 4.6200 GBP | |||
10p ordinary | CFD | Decreasing Short | 8,177 | 4.6496 GBP | |||
10p ordinary | CFD | Increasing Short | 2,550 | 4.5612 GBP | |||
10p ordinary | CFD | Increasing Short | 41,965 | 4.6200 GBP | |||
10p ordinary | SWAP | Decreasing Long | 70,499 | 4.5960 GBP | |||
10p ordinary | SWAP | Increasing Long | 22,412 | 4.6190 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,175 | 4.5464 GBP | |||
10p ordinary | SWAP | Decreasing Short | 785 | 4.5500 GBP | |||
10p ordinary | SWAP | Decreasing Short | 31,992 | 4.6200 GBP | |||
10p ordinary | SWAP | Decreasing Short | 91,977 | 4.6321 GBP | |||
10p ordinary | SWAP | Increasing Short | 61 | 4.4800 GBP | |||
10p ordinary | SWAP | Increasing Short | 170 | 4.5380 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,461 | 4.5523 GBP | |||
10p ordinary | SWAP | Increasing Short | 80,007 | 4.5726 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,037 | 4.6110 GBP | |||
10p ordinary | SWAP | Increasing Long | 19,875 | 4.6504 GBP | |||
10p ordinary | SWAP | Decreasing Long | 22,826 | 4.5432 GBP | |||
10p ordinary | SWAP | Decreasing Short | 158,577 | 4.6272 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,667 | 4.6200 GBP | |||
10p ordinary | SWAP | Decreasing Short | 59,713 | 4.6351 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,402 | 4.5591 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: | 16 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)