20th Jan 2025 14:25
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: | 17 Jan 2025 | |||||
(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: | 33,570,009 | 2.43% | 29,353,697 | 2.13% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 12,782,120 | 0.93% | 31,606,150 | 2.29% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 46,352,129 | 3.36% | 60,959,847 | 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 | 1,283,072 | 5.8450 GBP | ||||
10p ordinary | Purchase | 362,597 | 5.8974 GBP | ||||
10p ordinary | Purchase | 239,904 | 5.8950 GBP | ||||
10p ordinary | Purchase | 171,011 | 5.8948 GBP | ||||
10p ordinary | Purchase | 74,370 | 5.8976 GBP | ||||
10p ordinary | Purchase | 64,492 | 5.8953 GBP | ||||
10p ordinary | Purchase | 59,098 | 5.8926 GBP | ||||
10p ordinary | Purchase | 56,925 | 5.8754 GBP | ||||
10p ordinary | Purchase | 32,441 | 5.9038 GBP | ||||
10p ordinary | Purchase | 24,976 | 5.8877 GBP | ||||
10p ordinary | Purchase | 24,535 | 5.9029 GBP | ||||
10p ordinary | Purchase | 22,367 | 5.9062 GBP | ||||
10p ordinary | Purchase | 21,523 | 5.8931 GBP | ||||
10p ordinary | Purchase | 21,002 | 5.8890 GBP | ||||
10p ordinary | Purchase | 19,678 | 5.9012 GBP | ||||
10p ordinary | Purchase | 18,449 | 5.8904 GBP | ||||
10p ordinary | Purchase | 18,406 | 5.8942 GBP | ||||
10p ordinary | Purchase | 16,589 | 5.8993 GBP | ||||
10p ordinary | Purchase | 15,516 | 5.9010 GBP | ||||
10p ordinary | Purchase | 15,499 | 5.9027 GBP | ||||
10p ordinary | Purchase | 13,662 | 5.8906 GBP | ||||
10p ordinary | Purchase | 13,657 | 5.9055 GBP | ||||
10p ordinary | Purchase | 11,909 | 5.8969 GBP | ||||
10p ordinary | Purchase | 11,637 | 5.9047 GBP | ||||
10p ordinary | Purchase | 7,112 | 5.9031 GBP | ||||
10p ordinary | Purchase | 5,786 | 5.8925 GBP | ||||
10p ordinary | Purchase | 5,207 | 5.8992 GBP | ||||
10p ordinary | Purchase | 5,145 | 5.9022 GBP | ||||
10p ordinary | Purchase | 4,113 | 5.8636 GBP | ||||
10p ordinary | Purchase | 3,574 | 5.8990 GBP | ||||
10p ordinary | Purchase | 3,562 | 5.8891 GBP | ||||
10p ordinary | Purchase | 2,352 | 5.9025 GBP | ||||
10p ordinary | Purchase | 2,276 | 5.9026 GBP | ||||
10p ordinary | Purchase | 2,029 | 5.8815 GBP | ||||
10p ordinary | Purchase | 2,004 | 5.8850 GBP | ||||
10p ordinary | Purchase | 1,756 | 5.8777 GBP | ||||
10p ordinary | Purchase | 1,748 | 5.9093 GBP | ||||
10p ordinary | Purchase | 1,089 | 5.9125 GBP | ||||
10p ordinary | Purchase | 893 | 5.8900 GBP | ||||
10p ordinary | Purchase | 622 | 5.8881 GBP | ||||
10p ordinary | Purchase | 581 | 5.9050 GBP | ||||
10p ordinary | Purchase | 533 | 5.9177 GBP | ||||
10p ordinary | Purchase | 151 | 5.9199 GBP | ||||
10p ordinary | Purchase | 2 | 5.9100 GBP | ||||
10p ordinary | Sale | 599,646 | 5.8950 GBP | ||||
10p ordinary | Sale | 293,243 | 5.8940 GBP | ||||
10p ordinary | Sale | 104,523 | 5.8987 GBP | ||||
10p ordinary | Sale | 74,266 | 5.9008 GBP | ||||
10p ordinary | Sale | 34,515 | 5.8956 GBP | ||||
10p ordinary | Sale | 32,182 | 5.9012 GBP | ||||
10p ordinary | Sale | 26,360 | 5.8989 GBP | ||||
10p ordinary | Sale | 21,523 | 5.8931 GBP | ||||
10p ordinary | Sale | 17,601 | 5.8948 GBP | ||||
10p ordinary | Sale | 12,066 | 5.9127 GBP | ||||
10p ordinary | Sale | 11,930 | 5.8983 GBP | ||||
10p ordinary | Sale | 9,723 | 5.8914 GBP | ||||
10p ordinary | Sale | 9,570 | 5.9116 GBP | ||||
10p ordinary | Sale | 8,393 | 5.9125 GBP | ||||
10p ordinary | Sale | 8,379 | 5.8633 GBP | ||||
10p ordinary | Sale | 6,456 | 5.9028 GBP | ||||
10p ordinary | Sale | 3,779 | 5.9128 GBP | ||||
10p ordinary | Sale | 2,751 | 5.8679 GBP | ||||
10p ordinary | Sale | 2,442 | 5.9102 GBP | ||||
10p ordinary | Sale | 2,004 | 5.8850 GBP | ||||
10p ordinary | Sale | 1,757 | 5.9050 GBP | ||||
10p ordinary | Sale | 1,748 | 5.9092 GBP | ||||
10p ordinary | Sale | 1,633 | 5.9099 GBP | ||||
10p ordinary | Sale | 1,560 | 5.8805 GBP | ||||
10p ordinary | Sale | 1,128 | 5.8949 GBP | ||||
10p ordinary | Sale | 448 | 5.9250 GBP | ||||
10p ordinary | Sale | 151 | 5.9200 GBP | ||||
10p ordinary | Sale | 2 | 5.9105 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 | Increasing Short | 12,442 | 5.8902 GBP | |||
10p ordinary | SWAP | Increasing Short | 129,546 | 5.8979 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8,379 | 5.8633 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,751 | 5.8679 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,560 | 5.8805 GBP | |||
10p ordinary | SWAP | Decreasing Short | 69,815 | 5.8947 GBP | |||
10p ordinary | SWAP | Decreasing Short | 241,013 | 5.8950 GBP | |||
10p ordinary | SWAP | Decreasing Short | 104,523 | 5.8987 GBP | |||
10p ordinary | SWAP | Decreasing Short | 25,000 | 5.8989 USD | |||
10p ordinary | SWAP | Decreasing Short | 74,266 | 5.9008 GBP | |||
10p ordinary | SWAP | Decreasing Short | 25,640 | 5.9047 GBP | |||
10p ordinary | SWAP | Decreasing Short | 24,576 | 5.9055 GBP | |||
10p ordinary | SWAP | Increasing Short | 280,000 | 5.7609 USD | |||
10p ordinary | SWAP | Increasing Short | 132 | 5.8450 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,113 | 5.8636 GBP | |||
10p ordinary | SWAP | Increasing Short | 56,925 | 5.8754 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,029 | 5.8815 GBP | |||
10p ordinary | SWAP | Increasing Short | 622 | 5.8880 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,662 | 5.8906 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,839 | 5.8924 GBP | |||
10p ordinary | SWAP | Increasing Short | 65,085 | 5.8940 GBP | |||
10p ordinary | SWAP | Increasing Short | 17,913 | 5.8950 GBP | |||
10p ordinary | SWAP | Increasing Short | 459,066 | 5.9087 GBP | |||
10p ordinary | CFD | Decreasing Short | 55,619 | 5.8950 GBP | |||
10p ordinary | CFD | Decreasing Short | 29 | 5.9096 GBP | |||
10p ordinary | CFD | Decreasing Short | 30,000 | 5.9098 GBP | |||
10p ordinary | CFD | Increasing Short | 21,523 | 5.8931 GBP | |||
10p ordinary | CFD | Increasing Short | 433 | 5.8950 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: | 20 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)