22nd Jul 2024 15:26
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: | 19 Jul 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: | 36,264,075 | 2.63% | 28,115,210 | 2.04% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 7,696,799 | 0.56% | 36,211,146 | 2.62% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 43,960,874 | 3.19% | 64,326,356 | 4.66% | |||
(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 | 149,826 | 4.4679 GBP | ||||
10p ordinary | Purchase | 137,655 | 4.4724 GBP | ||||
10p ordinary | Purchase | 118,718 | 4.4740 GBP | ||||
10p ordinary | Purchase | 23,450 | 4.4589 GBP | ||||
10p ordinary | Purchase | 13,702 | 4.4700 GBP | ||||
10p ordinary | Purchase | 6,302 | 4.4531 GBP | ||||
10p ordinary | Purchase | 4,649 | 4.4180 GBP | ||||
10p ordinary | Purchase | 3,042 | 4.4439 GBP | ||||
10p ordinary | Purchase | 2,875 | 4.4451 GBP | ||||
10p ordinary | Purchase | 1,650 | 4.4522 GBP | ||||
10p ordinary | Purchase | 1,565 | 4.4126 GBP | ||||
10p ordinary | Purchase | 1,219 | 4.4372 GBP | ||||
10p ordinary | Purchase | 1,097 | 4.4440 GBP | ||||
10p ordinary | Purchase | 975 | 4.4289 GBP | ||||
10p ordinary | Purchase | 898 | 4.4614 GBP | ||||
10p ordinary | Purchase | 789 | 4.4280 GBP | ||||
10p ordinary | Purchase | 735 | 4.4640 GBP | ||||
10p ordinary | Purchase | 723 | 4.4718 GBP | ||||
10p ordinary | Purchase | 723 | 4.4720 GBP | ||||
10p ordinary | Purchase | 700 | 4.4263 GBP | ||||
10p ordinary | Purchase | 698 | 4.4340 GBP | ||||
10p ordinary | Purchase | 623 | 4.3940 GBP | ||||
10p ordinary | Purchase | 126 | 4.4360 GBP | ||||
10p ordinary | Purchase | 125 | 4.4020 GBP | ||||
10p ordinary | Sale | 429,517 | 4.4631 GBP | ||||
10p ordinary | Sale | 137,655 | 4.4724 GBP | ||||
10p ordinary | Sale | 105,927 | 4.4478 GBP | ||||
10p ordinary | Sale | 62,937 | 4.4496 GBP | ||||
10p ordinary | Sale | 44,942 | 4.4732 GBP | ||||
10p ordinary | Sale | 43,824 | 4.4733 GBP | ||||
10p ordinary | Sale | 40,675 | 4.4742 GBP | ||||
10p ordinary | Sale | 33,496 | 4.4702 GBP | ||||
10p ordinary | Sale | 33,023 | 4.4473 GBP | ||||
10p ordinary | Sale | 29,454 | 4.4723 GBP | ||||
10p ordinary | Sale | 28,360 | 4.4704 GBP | ||||
10p ordinary | Sale | 16,491 | 4.4467 GBP | ||||
10p ordinary | Sale | 15,018 | 4.4495 GBP | ||||
10p ordinary | Sale | 14,801 | 4.4706 GBP | ||||
10p ordinary | Sale | 12,758 | 4.4493 GBP | ||||
10p ordinary | Sale | 4,649 | 4.4180 GBP | ||||
10p ordinary | Sale | 3,357 | 4.4700 GBP | ||||
10p ordinary | Sale | 3,126 | 4.4436 GBP | ||||
10p ordinary | Sale | 2,920 | 4.4679 GBP | ||||
10p ordinary | Sale | 2,385 | 4.4740 GBP | ||||
10p ordinary | Sale | 2,137 | 4.4456 GBP | ||||
10p ordinary | Sale | 1,398 | 4.4122 GBP | ||||
10p ordinary | Sale | 859 | 4.4405 GBP | ||||
10p ordinary | Sale | 723 | 4.4720 GBP | ||||
10p ordinary | Sale | 484 | 4.4743 GBP | ||||
10p ordinary | Sale | 246 | 4.4000 GBP | ||||
10p ordinary | Sale | 79 | 4.4380 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | reference | unit | ||||
security | securities | ||||||
10p ordinary | CFD | Decreasing Short | 759 | 4.4100 GBP | |||
10p ordinary | CFD | Decreasing Short | 4,649 | 4.4179 GBP | |||
10p ordinary | CFD | Decreasing Short | 458 | 4.4740 GBP | |||
10p ordinary | CFD | Increasing Short | 759 | 4.4100 GBP | |||
10p ordinary | CFD | Increasing Short | 137,655 | 4.4724 GBP | |||
10p ordinary | CFD | Increasing Short | 458 | 4.4740 GBP | |||
10p ordinary | SWAP | Decreasing Long | 501 | 4.4470 GBP | |||
10p ordinary | SWAP | Decreasing Long | 700 | 4.4263 GBP | |||
10p ordinary | SWAP | Increasing Long | 43,824 | 4.4733 GBP | |||
10p ordinary | SWAP | Decreasing Short | 246 | 4.4000 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,398 | 4.4122 GBP | |||
10p ordinary | SWAP | Decreasing Short | 131,006 | 4.4439 GBP | |||
10p ordinary | SWAP | Decreasing Short | 105,927 | 4.4478 GBP | |||
10p ordinary | SWAP | Decreasing Short | 47,586 | 4.4500 GBP | |||
10p ordinary | SWAP | Decreasing Short | 143,602 | 4.4740 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,565 | 4.4127 GBP | |||
10p ordinary | SWAP | Increasing Short | 228 | 4.4180 GBP | |||
10p ordinary | SWAP | Increasing Short | 975 | 4.4289 GBP | |||
10p ordinary | SWAP | Increasing Long | 29,454 | 4.4723 GBP | |||
10p ordinary | SWAP | Decreasing Long | 12,690 | 4.4695 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,012 | 4.4760 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29,935 | 4.4453 GBP | |||
10p ordinary | SWAP | Decreasing Short | 33,023 | 4.4473 GBP | |||
10p ordinary | SWAP | Decreasing Short | 118,863 | 4.4740 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: | 22 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)