23rd Sep 2024 15:28
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: | 20 Sep 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: | 34,945,254 | 2.53% | 26,708,073 | 1.93% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 11,241,660 | 0.81% | 33,714,594 | 2.44% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 46,186,914 | 3.35% | 60,422,667 | 4.38% | |||
(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 | 2,005,768 | 4.7840 GBP | ||||
10p ordinary | Purchase | 1,773,903 | 4.7062 GBP | ||||
10p ordinary | Purchase | 460,373 | 4.6840 GBP | ||||
10p ordinary | Purchase | 355,587 | 4.7012 GBP | ||||
10p ordinary | Purchase | 327,454 | 4.7190 GBP | ||||
10p ordinary | Purchase | 165,950 | 4.8060 GBP | ||||
10p ordinary | Purchase | 118,744 | 4.7967 GBP | ||||
10p ordinary | Purchase | 107,641 | 4.7211 GBP | ||||
10p ordinary | Purchase | 82,134 | 4.7293 GBP | ||||
10p ordinary | Purchase | 60,521 | 4.7304 GBP | ||||
10p ordinary | Purchase | 39,673 | 4.7216 GBP | ||||
10p ordinary | Purchase | 39,214 | 4.7782 GBP | ||||
10p ordinary | Purchase | 25,824 | 4.6835 GBP | ||||
10p ordinary | Purchase | 23,572 | 4.7903 GBP | ||||
10p ordinary | Purchase | 23,375 | 4.6879 GBP | ||||
10p ordinary | Purchase | 15,621 | 4.7305 GBP | ||||
10p ordinary | Purchase | 14,003 | 4.7965 GBP | ||||
10p ordinary | Purchase | 12,311 | 4.6898 GBP | ||||
10p ordinary | Purchase | 12,264 | 4.7375 GBP | ||||
10p ordinary | Purchase | 12,111 | 4.8053 GBP | ||||
10p ordinary | Purchase | 10,657 | 4.7199 GBP | ||||
10p ordinary | Purchase | 8,835 | 4.7639 GBP | ||||
10p ordinary | Purchase | 8,733 | 4.7526 GBP | ||||
10p ordinary | Purchase | 7,218 | 4.7473 GBP | ||||
10p ordinary | Purchase | 6,006 | 4.6849 GBP | ||||
10p ordinary | Purchase | 5,556 | 4.7010 GBP | ||||
10p ordinary | Purchase | 4,326 | 4.7764 GBP | ||||
10p ordinary | Purchase | 3,353 | 4.6882 GBP | ||||
10p ordinary | Purchase | 2,997 | 4.6974 GBP | ||||
10p ordinary | Purchase | 2,560 | 4.7200 GBP | ||||
10p ordinary | Purchase | 2,137 | 4.8105 GBP | ||||
10p ordinary | Purchase | 1,954 | 4.7365 GBP | ||||
10p ordinary | Purchase | 1,660 | 4.7378 GBP | ||||
10p ordinary | Purchase | 1,311 | 4.6873 GBP | ||||
10p ordinary | Purchase | 723 | 4.8200 GBP | ||||
10p ordinary | Purchase | 702 | 4.7040 GBP | ||||
10p ordinary | Purchase | 75 | 4.6990 GBP | ||||
10p ordinary | Purchase | 57 | 4.7800 GBP | ||||
10p ordinary | Purchase | 32 | 4.6900 GBP | ||||
10p ordinary | Purchase | 11 | 4.7100 GBP | ||||
10p ordinary | Sale | 856,288 | 4.6840 GBP | ||||
10p ordinary | Sale | 355,587 | 4.7012 GBP | ||||
10p ordinary | Sale | 173,890 | 4.7621 GBP | ||||
10p ordinary | Sale | 96,215 | 4.7968 GBP | ||||
10p ordinary | Sale | 85,357 | 4.7275 GBP | ||||
10p ordinary | Sale | 26,613 | 4.7891 GBP | ||||
10p ordinary | Sale | 23,572 | 4.7907 GBP | ||||
10p ordinary | Sale | 19,618 | 4.7683 GBP | ||||
10p ordinary | Sale | 16,688 | 4.7951 GBP | ||||
10p ordinary | Sale | 14,972 | 4.8124 GBP | ||||
10p ordinary | Sale | 12,544 | 4.7452 GBP | ||||
10p ordinary | Sale | 12,311 | 4.6898 GBP | ||||
10p ordinary | Sale | 12,111 | 4.8058 GBP | ||||
10p ordinary | Sale | 9,982 | 4.7915 GBP | ||||
10p ordinary | Sale | 8,835 | 4.7644 GBP | ||||
10p ordinary | Sale | 8,209 | 4.7944 GBP | ||||
10p ordinary | Sale | 6,916 | 4.7887 GBP | ||||
10p ordinary | Sale | 4,894 | 4.7818 GBP | ||||
10p ordinary | Sale | 3,703 | 4.8209 GBP | ||||
10p ordinary | Sale | 2,997 | 4.6979 GBP | ||||
10p ordinary | Sale | 2,089 | 4.7892 GBP | ||||
10p ordinary | Sale | 2,000 | 4.7871 GBP | ||||
10p ordinary | Sale | 1,683 | 4.7198 GBP | ||||
10p ordinary | Sale | 1,452 | 4.7732 GBP | ||||
10p ordinary | Sale | 1,280 | 4.7204 GBP | ||||
10p ordinary | Sale | 1,280 | 4.7200 GBP | ||||
10p ordinary | Sale | 1,040 | 4.8010 GBP | ||||
10p ordinary | Sale | 1,020 | 4.8046 GBP | ||||
10p ordinary | Sale | 723 | 4.8200 GBP | ||||
10p ordinary | Sale | 699 | 4.7080 GBP | ||||
10p ordinary | Sale | 515 | 4.8140 GBP | ||||
10p ordinary | Sale | 181 | 4.8060 GBP | ||||
10p ordinary | Sale | 20 | 4.7050 GBP | ||||
10p ordinary | Sale | 11 | 4.7100 GBP | ||||
10p ordinary | Sale | 10 | 4.7020 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 Short | 12,838 | 4.6837 GBP | |||
10p ordinary | SWAP | Decreasing Short | 45,529 | 4.6856 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,818 | 4.7870 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,019 | 4.7874 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,040 | 4.8010 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,020 | 4.8046 GBP | |||
10p ordinary | SWAP | Decreasing Short | 461 | 4.8060 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,972 | 4.8124 GBP | |||
10p ordinary | SWAP | Increasing Short | 493,549 | 4.6840 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,844 | 4.7014 GBP | |||
10p ordinary | SWAP | Increasing Short | 702 | 4.7040 GBP | |||
10p ordinary | SWAP | Increasing Short | 9,545 | 4.7045 GBP | |||
10p ordinary | SWAP | Increasing Short | 59,287 | 4.7157 GBP | |||
10p ordinary | SWAP | Increasing Short | 39,673 | 4.7216 GBP | |||
10p ordinary | SWAP | Increasing Short | 63,617 | 4.7263 GBP | |||
10p ordinary | SWAP | Increasing Short | 431,022 | 4.7583 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,326 | 4.7764 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,450 | 4.7922 GBP | |||
10p ordinary | CFD | Increasing Short | 12,311 | 4.6898 GBP | |||
10p ordinary | CFD | Increasing Short | 355,587 | 4.7012 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: | 23 Sep 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)