19th Jun 2024 15:04
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 | DS SMITH PLC | |||||
relevant securities this form relates: | |||||||
(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: | 18 Jun 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: | |||||
disclosures in respect of any other party to the offer? | 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: | 31,310,753 | 2.27% | 30,566,227 | 2.22% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 7,393,127 | 0.54% | 30,371,373 | 2.20% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 38,703,880 | 2.81% | 60,937,600 | 4.42% | |||
(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 EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales | ||||||
Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security | securities | ||||||
10p ordinary | Purchase | 858,740 | 3.5040 GBP | ||||
10p ordinary | Purchase | 430,985 | 3.4837 GBP | ||||
10p ordinary | Purchase | 317,179 | 3.4832 GBP | ||||
10p ordinary | Purchase | 229,942 | 3.4968 GBP | ||||
10p ordinary | Purchase | 207,950 | 3.4970 GBP | ||||
10p ordinary | Purchase | 110,000 | 3.4692 GBP | ||||
10p ordinary | Purchase | 106,253 | 3.4823 GBP | ||||
10p ordinary | Purchase | 102,458 | 3.4848 GBP | ||||
10p ordinary | Purchase | 90,545 | 3.4909 GBP | ||||
10p ordinary | Purchase | 81,416 | 3.4815 GBP | ||||
10p ordinary | Purchase | 58,413 | 3.4798 GBP | ||||
10p ordinary | Purchase | 50,109 | 3.4947 GBP | ||||
10p ordinary | Purchase | 47,709 | 3.4824 GBP | ||||
10p ordinary | Purchase | 36,867 | 3.4842 GBP | ||||
10p ordinary | Purchase | 33,341 | 3.5036 GBP | ||||
10p ordinary | Purchase | 24,991 | 3.4858 GBP | ||||
10p ordinary | Purchase | 24,083 | 3.4854 GBP | ||||
10p ordinary | Purchase | 23,210 | 3.5030 GBP | ||||
10p ordinary | Purchase | 22,818 | 3.4681 GBP | ||||
10p ordinary | Purchase | 20,776 | 3.4964 GBP | ||||
10p ordinary | Purchase | 20,010 | 3.5042 GBP | ||||
10p ordinary | Purchase | 18,853 | 3.5022 GBP | ||||
10p ordinary | Purchase | 15,713 | 3.4818 GBP | ||||
10p ordinary | Purchase | 10,543 | 3.4844 GBP | ||||
10p ordinary | Purchase | 10,428 | 3.4887 GBP | ||||
10p ordinary | Purchase | 10,000 | 3.4924 GBP | ||||
10p ordinary | Purchase | 7,800 | 3.4918 GBP | ||||
10p ordinary | Purchase | 6,918 | 3.4620 GBP | ||||
10p ordinary | Purchase | 6,542 | 3.5010 GBP | ||||
10p ordinary | Purchase | 5,836 | 3.4870 GBP | ||||
10p ordinary | Purchase | 5,330 | 3.4849 GBP | ||||
10p ordinary | Purchase | 5,139 | 3.4939 GBP | ||||
10p ordinary | Purchase | 4,883 | 3.4895 GBP | ||||
10p ordinary | Purchase | 4,261 | 3.4723 GBP | ||||
10p ordinary | Purchase | 3,267 | 3.4863 GBP | ||||
10p ordinary | Purchase | 3,235 | 3.5000 GBP | ||||
10p ordinary | Purchase | 3,005 | 3.4695 GBP | ||||
10p ordinary | Purchase | 2,947 | 3.5070 GBP | ||||
10p ordinary | Purchase | 2,730 | 3.4780 GBP | ||||
10p ordinary | Purchase | 2,454 | 3.4900 GBP | ||||
10p ordinary | Purchase | 2,261 | 3.4907 GBP | ||||
10p ordinary | Purchase | 1,606 | 3.4980 GBP | ||||
10p ordinary | Purchase | 1,436 | 3.4830 GBP | ||||
10p ordinary | Purchase | 975 | 3.4920 GBP | ||||
10p ordinary | Purchase | 908 | 3.4800 GBP | ||||
10p ordinary | Purchase | 900 | 3.4710 GBP | ||||
10p ordinary | Purchase | 885 | 3.4840 GBP | ||||
10p ordinary | Purchase | 776 | 3.5120 GBP | ||||
10p ordinary | Sale | 3,130,873 | 3.4800 GBP | ||||
10p ordinary | Sale | 970,691 | 3.5032 GBP | ||||
10p ordinary | Sale | 647,337 | 3.5040 GBP | ||||
10p ordinary | Sale | 370,386 | 3.4862 GBP | ||||
10p ordinary | Sale | 123,678 | 3.4894 GBP | ||||
10p ordinary | Sale | 122,989 | 3.4918 GBP | ||||
10p ordinary | Sale | 105,367 | 3.4888 GBP | ||||
10p ordinary | Sale | 103,221 | 3.4957 GBP | ||||
10p ordinary | Sale | 90,838 | 3.4874 GBP | ||||
10p ordinary | Sale | 90,545 | 3.4909 GBP | ||||
10p ordinary | Sale | 69,244 | 3.4823 GBP | ||||
10p ordinary | Sale | 62,852 | 3.4829 GBP | ||||
10p ordinary | Sale | 47,754 | 3.4985 GBP | ||||
10p ordinary | Sale | 42,812 | 3.4804 GBP | ||||
10p ordinary | Sale | 34,868 | 3.4781 GBP | ||||
10p ordinary | Sale | 23,354 | 3.4831 GBP | ||||
10p ordinary | Sale | 22,818 | 3.4681 GBP | ||||
10p ordinary | Sale | 22,693 | 3.4803 GBP | ||||
10p ordinary | Sale | 20,869 | 3.4821 GBP | ||||
10p ordinary | Sale | 18,853 | 3.5022 GBP | ||||
10p ordinary | Sale | 15,713 | 3.4818 GBP | ||||
10p ordinary | Sale | 15,601 | 3.4782 GBP | ||||
10p ordinary | Sale | 14,150 | 3.4840 GBP | ||||
10p ordinary | Sale | 13,420 | 3.4816 GBP | ||||
10p ordinary | Sale | 11,141 | 3.5034 GBP | ||||
10p ordinary | Sale | 9,697 | 3.4787 GBP | ||||
10p ordinary | Sale | 8,948 | 3.4875 GBP | ||||
10p ordinary | Sale | 8,439 | 3.4924 GBP | ||||
10p ordinary | Sale | 7,505 | 3.4794 GBP | ||||
10p ordinary | Sale | 6,635 | 3.4842 GBP | ||||
10p ordinary | Sale | 5,959 | 3.4798 GBP | ||||
10p ordinary | Sale | 5,177 | 3.5004 GBP | ||||
10p ordinary | Sale | 4,775 | 3.4948 GBP | ||||
10p ordinary | Sale | 4,658 | 3.4902 GBP | ||||
10p ordinary | Sale | 4,261 | 3.4723 GBP | ||||
10p ordinary | Sale | 4,147 | 3.4956 GBP | ||||
10p ordinary | Sale | 3,557 | 3.4768 GBP | ||||
10p ordinary | Sale | 3,235 | 3.5000 GBP | ||||
10p ordinary | Sale | 2,947 | 3.5070 GBP | ||||
10p ordinary | Sale | 2,664 | 3.4746 GBP | ||||
10p ordinary | Sale | 2,454 | 3.4904 GBP | ||||
10p ordinary | Sale | 2,156 | 3.4820 GBP | ||||
10p ordinary | Sale | 1,752 | 3.4950 GBP | ||||
10p ordinary | Sale | 1,718 | 3.4869 GBP | ||||
10p ordinary | Sale | 1,708 | 3.4711 GBP | ||||
10p ordinary | Sale | 1,520 | 3.4640 GBP | ||||
10p ordinary | Sale | 954 | 3.4920 GBP | ||||
10p ordinary | Sale | 926 | 3.4923 GBP | ||||
10p ordinary | Sale | 230 | 3.4900 GBP | ||||
10p ordinary | Sale | 120 | 3.4830 GBP | ||||
10p ordinary | Sale | 81 | 3.5035 GBP | ||||
10p ordinary | Sale | 31,624 | 3.5030 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | reference | unit | ||||
security | securities | ||||||
10p ordinary | SWAP | Decreasing Long | 786 | 3.5100 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,756 | 3.4998 GBP | |||
10p ordinary | SWAP | Decreasing Long | 20,010 | 3.5042 GBP | |||
10p ordinary | SWAP | Decreasing Long | 35,090 | 3.4754 GBP | |||
10p ordinary | SWAP | Decreasing Long | 50,109 | 3.4947 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,520 | 3.4640 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,658 | 3.4902 GBP | |||
10p ordinary | CFD | Decreasing Short | 29,599 | 3.5039 GBP | |||
10p ordinary | CFD | Decreasing Short | 32,012 | 3.5036 GBP | |||
10p ordinary | SWAP | Decreasing Short | 47,754 | 3.4985 GBP | |||
10p ordinary | SWAP | Decreasing Short | 103,221 | 3.4957 GBP | |||
10p ordinary | SWAP | Decreasing Short | 106,418 | 3.5033 GBP | |||
10p ordinary | SWAP | Decreasing Short | 151,267 | 3.4783 GBP | |||
10p ordinary | CFD | Decreasing Short | 451,209 | 3.5040 GBP | |||
10p ordinary | SWAP | Increasing Long | 8,948 | 3.4875 GBP | |||
10p ordinary | SWAP | Increasing Long | 11,222 | 3.5034 GBP | |||
10p ordinary | SWAP | Increasing Short | 2 | 3.4900 GBP | |||
10p ordinary | SWAP | Increasing Short | 776 | 3.5120 GBP | |||
10p ordinary | SWAP | Increasing Short | 789 | 3.4980 GBP | |||
10p ordinary | CFD | Increasing Short | 908 | 3.4800 GBP | |||
10p ordinary | CFD | Increasing Short | 1,756 | 3.5039 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,883 | 3.4895 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,928 | 3.5022 GBP | |||
10p ordinary | CFD | Increasing Short | 17,124 | 3.4842 GBP | |||
10p ordinary | SWAP | Increasing Short | 61,965 | 3.5039 GBP | |||
10p ordinary | SWAP | Increasing Short | 98,895 | 3.5040 GBP | |||
10p ordinary | SWAP | Increasing Short | 102,458 | 3.4848 GBP | |||
10p ordinary | SWAP | Increasing Short | 236,554 | 3.4832 GBP | |||
10p ordinary | SWAP | Opening Short | 22,644 | 3.4917 GBP | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price | date | money | |
relevant | selling, | securities | per unit | paid/ | |||
security | varying etc | to which | received | ||||
option | per unit | ||||||
relates | |||||||
(ii) | Exercising | ||||||
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security | securities | unit | |||||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security | 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 exempt principal trader 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: | 19 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)