17th May 2024 15:03
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: | 16 May 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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| 25,870,866 | 1.88% | 19,228,903 | 1.39% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,413,709 | 0.61% | 24,520,664 | 1.78% |
(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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| 34,284,575 | 2.49% | 43,749,567 | 3.17% |
(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 | 237,293 | 3.6931 GBP | ||||
10p ordinary | Purchase | 114,257 | 3.6940 GBP | ||||
10p ordinary | Purchase | 111,473 | 3.6872 GBP | ||||
10p ordinary | Purchase | 89,717 | 3.6891 GBP | ||||
10p ordinary | Purchase | 80,000 | 3.6809 GBP | ||||
10p ordinary | Purchase | 62,127 | 3.6764 GBP | ||||
10p ordinary | Purchase | 48,802 | 3.6916 GBP | ||||
10p ordinary | Purchase | 47,902 | 3.6900 GBP | ||||
10p ordinary | Purchase | 30,161 | 3.6841 GBP | ||||
10p ordinary | Purchase | 27,787 | 3.6787 GBP | ||||
10p ordinary | Purchase | 25,906 | 3.6936 GBP | ||||
10p ordinary | Purchase | 23,050 | 3.6824 GBP | ||||
10p ordinary | Purchase | 22,530 | 3.6833 GBP | ||||
10p ordinary | Purchase | 17,112 | 3.6860 GBP | ||||
10p ordinary | Purchase | 11,951 | 3.6829 GBP | ||||
10p ordinary | Purchase | 11,860 | 3.6832 GBP | ||||
10p ordinary | Purchase | 11,750 | 3.6816 GBP | ||||
10p ordinary | Purchase | 9,944 | 3.6843 GBP | ||||
10p ordinary | Purchase | 9,287 | 3.6879 GBP | ||||
10p ordinary | Purchase | 8,017 | 3.6877 GBP | ||||
10p ordinary | Purchase | 7,500 | 3.6659 GBP | ||||
10p ordinary | Purchase | 6,153 | 3.6775 GBP | ||||
10p ordinary | Purchase | 5,897 | 3.6720 GBP | ||||
10p ordinary | Purchase | 5,342 | 3.6821 GBP | ||||
10p ordinary | Purchase | 5,008 | 3.6945 GBP | ||||
10p ordinary | Purchase | 4,731 | 3.6788 GBP | ||||
10p ordinary | Purchase | 4,664 | 3.6797 GBP | ||||
10p ordinary | Purchase | 3,563 | 3.6620 GBP | ||||
10p ordinary | Purchase | 3,250 | 3.6761 GBP | ||||
10p ordinary | Purchase | 1,629 | 3.6870 GBP | ||||
10p ordinary | Purchase | 1,471 | 3.6800 GBP | ||||
10p ordinary | Purchase | 973 | 3.6754 GBP | ||||
10p ordinary | Purchase | 914 | 3.6920 GBP | ||||
10p ordinary | Purchase | 898 | 3.6926 GBP | ||||
10p ordinary | Purchase | 842 | 3.6820 GBP | ||||
10p ordinary | Purchase | 773 | 3.6680 GBP | ||||
10p ordinary | Purchase | 750 | 3.6740 GBP | ||||
10p ordinary | Purchase | 20 | 3.6846 GBP | ||||
10p ordinary | Sale | 392,455 | 3.6940 GBP | ||||
10p ordinary | Sale | 215,000 | 3.6869 GBP | ||||
10p ordinary | Sale | 118,685 | 3.6876 GBP | ||||
10p ordinary | Sale | 58,648 | 3.6854 GBP | ||||
10p ordinary | Sale | 56,359 | 3.6917 GBP | ||||
10p ordinary | Sale | 51,244 | 3.6873 GBP | ||||
10p ordinary | Sale | 48,802 | 3.6916 GBP | ||||
10p ordinary | Sale | 35,045 | 3.6848 GBP | ||||
10p ordinary | Sale | 30,451 | 3.6792 GBP | ||||
10p ordinary | Sale | 24,186 | 3.6941 GBP | ||||
10p ordinary | Sale | 18,034 | 3.6811 GBP | ||||
10p ordinary | Sale | 17,206 | 3.6860 GBP | ||||
10p ordinary | Sale | 15,879 | 3.6823 GBP | ||||
10p ordinary | Sale | 13,606 | 3.6867 GBP | ||||
10p ordinary | Sale | 11,860 | 3.6832 GBP | ||||
10p ordinary | Sale | 10,000 | 3.6672 GBP | ||||
10p ordinary | Sale | 9,890 | 3.6808 GBP | ||||
10p ordinary | Sale | 8,017 | 3.6877 GBP | ||||
10p ordinary | Sale | 5,960 | 3.6773 GBP | ||||
10p ordinary | Sale | 5,850 | 3.6804 GBP | ||||
10p ordinary | Sale | 5,342 | 3.6821 GBP | ||||
10p ordinary | Sale | 5,017 | 3.6874 GBP | ||||
10p ordinary | Sale | 4,664 | 3.6797 GBP | ||||
10p ordinary | Sale | 3,759 | 3.6782 GBP | ||||
10p ordinary | Sale | 3,220 | 3.6801 GBP | ||||
10p ordinary | Sale | 3,080 | 3.6798 GBP | ||||
10p ordinary | Sale | 2,922 | 3.6896 GBP | ||||
10p ordinary | Sale | 2,617 | 3.6663 GBP | ||||
10p ordinary | Sale | 2,502 | 3.6751 GBP | ||||
10p ordinary | Sale | 2,141 | 3.6846 GBP | ||||
10p ordinary | Sale | 2,073 | 3.6812 GBP | ||||
10p ordinary | Sale | 1,955 | 3.6760 GBP | ||||
10p ordinary | Sale | 1,642 | 3.6900 GBP | ||||
10p ordinary | Sale | 1,641 | 3.6870 GBP | ||||
10p ordinary | Sale | 1,397 | 3.6920 GBP | ||||
10p ordinary | Sale | 1,343 | 3.6560 GBP | ||||
10p ordinary | Sale | 972 | 3.6810 GBP | ||||
10p ordinary | Sale | 897 | 3.6840 GBP | ||||
10p ordinary | Sale | 786 | 3.6820 GBP | ||||
10p ordinary | Sale | 744 | 3.6680 GBP | ||||
10p ordinary | Sale | 597 | 3.6780 GBP | ||||
10p ordinary | Sale | 460 | 3.6830 GBP | ||||
10p ordinary | Sale | 402 | 3.6838 GBP | ||||
10p ordinary | Sale | 279 | 3.6880 GBP | ||||
10p ordinary | Sale | 139 | 3.6794 GBP | ||||
10p ordinary | Sale | 6 | 3.6918 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 | 773 | 3.6680 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,045 | 3.6900 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,008 | 3.6945 GBP | |||
10p ordinary | SWAP | Decreasing Short | 28 | 3.6600 GBP | |||
10p ordinary | SWAP | Decreasing Short | 162 | 3.6920 GBP | |||
10p ordinary | SWAP | Decreasing Short | 279 | 3.6880 GBP | |||
10p ordinary | CFD | Decreasing Short | 318 | 3.6939 GBP | |||
10p ordinary | SWAP | Decreasing Short | 594 | 3.6760 GBP | |||
10p ordinary | CFD | Decreasing Short | 914 | 3.6920 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,617 | 3.6663 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,866 | 3.6939 GBP | |||
10p ordinary | SWAP | Decreasing Short | 25,723 | 3.6940 GBP | |||
10p ordinary | CFD | Decreasing Short | 33,298 | 3.6869 GBP | |||
10p ordinary | SWAP | Decreasing Short | 61,500 | 3.6869 GBP | |||
10p ordinary | SWAP | Decreasing Short | 153,500 | 3.6869 GBP | |||
10p ordinary | CFD | Decreasing Short | 236,631 | 3.6940 GBP | |||
10p ordinary | SWAP | Increasing Long | 15,817 | 3.6823 GBP | |||
10p ordinary | CFD | Increasing Short | 245 | 3.6940 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,250 | 3.6761 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,897 | 3.6720 GBP | |||
10p ordinary | SWAP | Increasing Short | 23,652 | 3.6940 GBP | |||
10p ordinary | SWAP | Increasing Short | 24,983 | 3.6926 GBP | |||
10p ordinary | SWAP | Increasing Short | 27,787 | 3.6787 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,922 | 3.6828 GBP | |||
10p ordinary | SWAP | Increasing Short | 39,149 | 3.6836 GBP | |||
10p ordinary | SWAP | Increasing Short | 43,729 | 3.6940 GBP | |||
10p ordinary | SWAP | Increasing Short | 62,127 | 3.6764 GBP | |||
10p ordinary | SWAP | Increasing Short | 89,717 | 3.6891 GBP | |||
10p ordinary | CFD | Increasing Short | 105,477 | 3.6939 GBP | |||
10p ordinary | SWAP | Opening Long | 54,199 | 3.6831 GBP | |||
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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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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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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: | 17 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)