5th Jul 2024 14:26
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: | 04 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: | 33,068,585 | 2.40% | 22,249,441 | 1.61% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 8,618,849 | 0.62% | 32,364,437 | 2.35% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 41,687,434 | 3.02% | 54,613,878 | 3.96% | |||
(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 | 374,387 | 4.2528 GBP | ||||
10p ordinary | Purchase | 250,000 | 4.2439 GBP | ||||
10p ordinary | Purchase | 78,132 | 4.2500 GBP | ||||
10p ordinary | Purchase | 67,238 | 4.2407 GBP | ||||
10p ordinary | Purchase | 48,100 | 4.2493 GBP | ||||
10p ordinary | Purchase | 27,869 | 4.2766 GBP | ||||
10p ordinary | Purchase | 24,639 | 4.2631 GBP | ||||
10p ordinary | Purchase | 23,572 | 4.2552 GBP | ||||
10p ordinary | Purchase | 20,642 | 4.2749 GBP | ||||
10p ordinary | Purchase | 20,506 | 4.2338 GBP | ||||
10p ordinary | Purchase | 20,289 | 4.2640 GBP | ||||
10p ordinary | Purchase | 18,060 | 4.2527 GBP | ||||
10p ordinary | Purchase | 16,395 | 4.2576 GBP | ||||
10p ordinary | Purchase | 16,224 | 4.2521 GBP | ||||
10p ordinary | Purchase | 16,221 | 4.2509 GBP | ||||
10p ordinary | Purchase | 14,103 | 4.2513 GBP | ||||
10p ordinary | Purchase | 12,637 | 4.2399 GBP | ||||
10p ordinary | Purchase | 11,284 | 4.2525 GBP | ||||
10p ordinary | Purchase | 9,664 | 4.2628 GBP | ||||
10p ordinary | Purchase | 7,880 | 4.2609 GBP | ||||
10p ordinary | Purchase | 6,615 | 4.2510 GBP | ||||
10p ordinary | Purchase | 6,046 | 4.2502 GBP | ||||
10p ordinary | Purchase | 4,284 | 4.2550 GBP | ||||
10p ordinary | Purchase | 4,251 | 4.2641 GBP | ||||
10p ordinary | Purchase | 2,828 | 4.2430 GBP | ||||
10p ordinary | Purchase | 2,047 | 4.2816 GBP | ||||
10p ordinary | Purchase | 1,549 | 4.2350 GBP | ||||
10p ordinary | Purchase | 1,530 | 4.2385 GBP | ||||
10p ordinary | Purchase | 1,501 | 4.2480 GBP | ||||
10p ordinary | Purchase | 1,347 | 4.2675 GBP | ||||
10p ordinary | Purchase | 772 | 4.2720 GBP | ||||
10p ordinary | Purchase | 491 | 4.2740 GBP | ||||
10p ordinary | Purchase | 218 | 4.2400 GBP | ||||
10p ordinary | Purchase | 187 | 4.2402 GBP | ||||
10p ordinary | Purchase | 131 | 4.2401 GBP | ||||
10p ordinary | Purchase | 100 | 4.2420 GBP | ||||
10p ordinary | Purchase | 47 | 4.2560 GBP | ||||
10p ordinary | Sale | 150,410 | 4.2510 GBP | ||||
10p ordinary | Sale | 34,073 | 4.2449 GBP | ||||
10p ordinary | Sale | 27,127 | 4.2497 GBP | ||||
10p ordinary | Sale | 22,290 | 4.2500 GBP | ||||
10p ordinary | Sale | 21,887 | 4.2502 GBP | ||||
10p ordinary | Sale | 16,221 | 4.2509 GBP | ||||
10p ordinary | Sale | 13,185 | 4.2794 GBP | ||||
10p ordinary | Sale | 10,309 | 4.2725 GBP | ||||
10p ordinary | Sale | 8,187 | 4.2573 GBP | ||||
10p ordinary | Sale | 6,663 | 4.2799 GBP | ||||
10p ordinary | Sale | 5,740 | 4.2626 GBP | ||||
10p ordinary | Sale | 5,000 | 4.2440 GBP | ||||
10p ordinary | Sale | 2,946 | 4.2803 GBP | ||||
10p ordinary | Sale | 1,621 | 4.2700 GBP | ||||
10p ordinary | Sale | 1,501 | 4.2480 GBP | ||||
10p ordinary | Sale | 1,423 | 4.2433 GBP | ||||
10p ordinary | Sale | 1,138 | 4.2720 GBP | ||||
10p ordinary | Sale | 1,005 | 4.2876 GBP | ||||
10p ordinary | Sale | 870 | 4.2400 GBP | ||||
10p ordinary | Sale | 619 | 4.2781 GBP | ||||
10p ordinary | Sale | 558 | 4.2340 GBP | ||||
10p ordinary | Sale | 524 | 4.2470 GBP | ||||
10p ordinary | Sale | 285 | 4.2420 GBP | ||||
10p ordinary | Sale | 78 | 4.2479 GBP | ||||
10p ordinary | Sale | 47 | 4.2564 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 | Increasing Long | 28,947 | 4.2379 GBP | |||
10p ordinary | CFD | Increasing Long | 2,808 | 4.2500 GBP | |||
10p ordinary | CFD | Decreasing Long | 60,540 | 4.2500 GBP | |||
10p ordinary | CFD | Decreasing Long | 16,221 | 4.2509 GBP | |||
10p ordinary | SWAP | Increasing Long | 34,073 | 4.2449 GBP | |||
10p ordinary | SWAP | Increasing Long | 27,127 | 4.2497 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,790 | 4.2500 GBP | |||
10p ordinary | SWAP | Decreasing Short | 80,426 | 4.2508 GBP | |||
10p ordinary | SWAP | Decreasing Short | 366 | 4.2720 GBP | |||
10p ordinary | SWAP | Decreasing Short | 13,185 | 4.2794 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,946 | 4.2803 GBP | |||
10p ordinary | SWAP | Increasing Short | 20,172 | 4.2407 GBP | |||
10p ordinary | SWAP | Increasing Short | 75,000 | 4.2439 GBP | |||
10p ordinary | SWAP | Increasing Short | 48,100 | 4.2493 GBP | |||
10p ordinary | SWAP | Increasing Short | 160,991 | 4.2540 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,905 | 4.2541 GBP | |||
10p ordinary | SWAP | Increasing Short | 290 | 4.2580 GBP | |||
10p ordinary | SWAP | Increasing Short | 969 | 4.2740 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,047 | 4.2816 GBP | |||
10p ordinary | SWAP | Increasing Long | 78 | 4.2479 GBP | |||
10p ordinary | SWAP | Decreasing Long | 19,598 | 4.2333 GBP | |||
10p ordinary | SWAP | Decreasing Long | 908 | 4.2446 GBP | |||
10p ordinary | SWAP | Decreasing Long | 20,642 | 4.2749 GBP | |||
10p ordinary | SWAP | Decreasing Short | 9,830 | 4.2500 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,663 | 4.2799 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,385 | 4.2803 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,549 | 4.2350 GBP | |||
10p ordinary | SWAP | Increasing Short | 47,066 | 4.2407 GBP | |||
10p ordinary | SWAP | Increasing Short | 175,000 | 4.2439 GBP | |||
10p ordinary | SWAP | Increasing Short | 16,224 | 4.2521 GBP | |||
10p ordinary | SWAP | Increasing Short | 321,306 | 4.2551 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,743 | 4.2592 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,251 | 4.2641 GBP | |||
10p ordinary | SWAP | Increasing Short | 772 | 4.2720 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: | 05 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)