21st May 2024 14:15
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: | 20 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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| 25,853,294 | 1.87% | 19,479,913 | 1.41% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,310,264 | 0.60% | 24,207,562 | 1.75% |
(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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| 34,163,558 | 2.48% | 43,687,475 | 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 | 413,768 | 3.7600 GBP | ||||
10p ordinary | Purchase | 262,500 | 3.7430 GBP | ||||
10p ordinary | Purchase | 232,132 | 3.7601 GBP | ||||
10p ordinary | Purchase | 187,257 | 3.7604 GBP | ||||
10p ordinary | Purchase | 48,502 | 3.7821 GBP | ||||
10p ordinary | Purchase | 39,355 | 3.7641 GBP | ||||
10p ordinary | Purchase | 27,000 | 3.6653 GBP | ||||
10p ordinary | Purchase | 23,331 | 3.7682 GBP | ||||
10p ordinary | Purchase | 20,940 | 3.7845 GBP | ||||
10p ordinary | Purchase | 14,335 | 3.7824 GBP | ||||
10p ordinary | Purchase | 13,416 | 3.7626 GBP | ||||
10p ordinary | Purchase | 7,069 | 3.7959 GBP | ||||
10p ordinary | Purchase | 5,917 | 3.7410 GBP | ||||
10p ordinary | Purchase | 5,579 | 3.7400 GBP | ||||
10p ordinary | Purchase | 4,250 | 3.7884 GBP | ||||
10p ordinary | Purchase | 3,007 | 3.7597 GBP | ||||
10p ordinary | Purchase | 1,555 | 3.7673 GBP | ||||
10p ordinary | Purchase | 1,262 | 3.8000 GBP | ||||
10p ordinary | Purchase | 1,051 | 3.7708 GBP | ||||
10p ordinary | Purchase | 876 | 3.7916 GBP | ||||
10p ordinary | Purchase | 793 | 3.7980 GBP | ||||
10p ordinary | Purchase | 743 | 3.7457 GBP | ||||
10p ordinary | Purchase | 471 | 3.7300 GBP | ||||
10p ordinary | Purchase | 407 | 3.7336 GBP | ||||
10p ordinary | Purchase | 9 | 3.7589 GBP | ||||
10p ordinary | Sale | 465,949 | 3.7777 GBP | ||||
10p ordinary | Sale | 262,500 | 3.7605 GBP | ||||
10p ordinary | Sale | 174,831 | 3.7600 GBP | ||||
10p ordinary | Sale | 170,290 | 3.7757 GBP | ||||
10p ordinary | Sale | 165,897 | 3.7601 GBP | ||||
10p ordinary | Sale | 120,078 | 3.7811 GBP | ||||
10p ordinary | Sale | 68,236 | 3.7712 GBP | ||||
10p ordinary | Sale | 47,617 | 3.7735 GBP | ||||
10p ordinary | Sale | 38,483 | 3.7734 GBP | ||||
10p ordinary | Sale | 23,749 | 3.7645 GBP | ||||
10p ordinary | Sale | 22,518 | 3.7632 GBP | ||||
10p ordinary | Sale | 20,405 | 3.7778 GBP | ||||
10p ordinary | Sale | 14,239 | 3.7832 GBP | ||||
10p ordinary | Sale | 14,157 | 3.7876 GBP | ||||
10p ordinary | Sale | 13,906 | 3.7827 GBP | ||||
10p ordinary | Sale | 12,315 | 3.8000 GBP | ||||
10p ordinary | Sale | 11,466 | 3.7760 GBP | ||||
10p ordinary | Sale | 10,917 | 3.7665 GBP | ||||
10p ordinary | Sale | 10,776 | 3.7660 GBP | ||||
10p ordinary | Sale | 9,541 | 3.7596 GBP | ||||
10p ordinary | Sale | 6,514 | 3.7646 GBP | ||||
10p ordinary | Sale | 6,060 | 3.7787 GBP | ||||
10p ordinary | Sale | 4,779 | 3.7610 GBP | ||||
10p ordinary | Sale | 3,443 | 3.7707 GBP | ||||
10p ordinary | Sale | 3,427 | 3.7545 GBP | ||||
10p ordinary | Sale | 3,355 | 3.7628 GBP | ||||
10p ordinary | Sale | 3,210 | 3.7802 GBP | ||||
10p ordinary | Sale | 3,076 | 3.7585 GBP | ||||
10p ordinary | Sale | 2,737 | 3.7784 GBP | ||||
10p ordinary | Sale | 2,734 | 3.7800 GBP | ||||
10p ordinary | Sale | 2,485 | 3.7582 GBP | ||||
10p ordinary | Sale | 2,411 | 3.7500 GBP | ||||
10p ordinary | Sale | 2,298 | 3.7518 GBP | ||||
10p ordinary | Sale | 2,144 | 3.7824 GBP | ||||
10p ordinary | Sale | 2,073 | 3.7841 GBP | ||||
10p ordinary | Sale | 1,740 | 3.7400 GBP | ||||
10p ordinary | Sale | 1,569 | 3.7380 GBP | ||||
10p ordinary | Sale | 1,541 | 3.7503 GBP | ||||
10p ordinary | Sale | 1,491 | 3.7857 GBP | ||||
10p ordinary | Sale | 1,400 | 3.7880 GBP | ||||
10p ordinary | Sale | 1,280 | 3.7980 GBP | ||||
10p ordinary | Sale | 1,134 | 3.7780 GBP | ||||
10p ordinary | Sale | 1,112 | 3.7403 GBP | ||||
10p ordinary | Sale | 933 | 3.7300 GBP | ||||
10p ordinary | Sale | 876 | 3.7920 GBP | ||||
10p ordinary | Sale | 754 | 3.7820 GBP | ||||
10p ordinary | Sale | 532 | 3.7432 GBP | ||||
10p ordinary | Sale | 180 | 3.7320 GBP | ||||
10p ordinary | Sale | -35 | 3.7589 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 Short | 180 | 3.7320 GBP | |||
10p ordinary | CFD | Decreasing Short | 469 | 3.7956 GBP | |||
10p ordinary | SWAP | Decreasing Short | 532 | 3.7432 GBP | |||
10p ordinary | CFD | Decreasing Short | 671 | 3.7583 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,262 | 3.8000 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,491 | 3.7857 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,073 | 3.7841 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,910 | 3.7600 GBP | |||
10p ordinary | CFD | Decreasing Short | 10,239 | 3.7749 GBP | |||
10p ordinary | SWAP | Decreasing Short | 17,306 | 3.7821 GBP | |||
10p ordinary | CFD | Decreasing Short | 18,861 | 3.7951 GBP | |||
10p ordinary | SWAP | Decreasing Short | 36,249 | 3.7600 GBP | |||
10p ordinary | CFD | Decreasing Short | 105,289 | 3.7741 GBP | |||
10p ordinary | SWAP | Decreasing Short | 120,078 | 3.7811 GBP | |||
10p ordinary | SWAP | Decreasing Short | 262,500 | 3.7605 GBP | |||
10p ordinary | SWAP | Decreasing Short | 465,949 | 3.7777 GBP | |||
10p ordinary | SWAP | Increasing Long | 68,236 | 3.7712 GBP | |||
10p ordinary | SWAP | Increasing Short | 743 | 3.7457 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,007 | 3.7597 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,563 | 3.7748 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,128 | 3.7751 GBP | |||
10p ordinary | SWAP | Increasing Short | 20,940 | 3.7845 GBP | |||
10p ordinary | SWAP | Increasing Short | 23,331 | 3.7682 GBP | |||
10p ordinary | SWAP | Increasing Short | 73,754 | 3.7596 GBP | |||
10p ordinary | SWAP | Increasing Short | 262,500 | 3.7430 GBP | |||
10p ordinary | CFD | Increasing Short | 357,642 | 3.7600 GBP | |||
10p ordinary | SWAP | Opening Long | 47,263 | 3.7641 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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| relates |
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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: | 21 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)