25th Sep 2024 15:34
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): |
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(c) | Name of offeror/offeree in relation to whose relevant securities this form relates: | DS SMITH PLC | |||||
(d) | If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
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(e) | Date position held/dealing undertaken: | 24 Sep 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? | YES: INTERNATIONAL PAPER CO | |||||
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: | 33,370,590 | 2.42% | 26,530,600 | 1.92% | |||
(2) Cash-settled derivatives: | 11,134,513 | 0.81% | 31,922,556 | 2.31% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 44,505,103 | 3.22% | 58,453,156 | 4.23% | |||
(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 PERSON MAKING THE DISCLOSURE | ||||||
(a) | Purchase and sales | ||||||
Class of relevant security | Purchase/sale | Number of securities | Price per unit | ||||
10p ordinary | Purchase | 718,169 | 4.6000 GBP | ||||
10p ordinary | Purchase | 132,790 | 4.5997 GBP | ||||
10p ordinary | Purchase | 67,263 | 4.5753 GBP | ||||
10p ordinary | Purchase | 57,476 | 4.6004 GBP | ||||
10p ordinary | Purchase | 51,580 | 4.6194 GBP | ||||
10p ordinary | Purchase | 33,147 | 4.5620 GBP | ||||
10p ordinary | Purchase | 31,306 | 4.5792 GBP | ||||
10p ordinary | Purchase | 26,487 | 4.5749 GBP | ||||
10p ordinary | Purchase | 13,827 | 4.5674 GBP | ||||
10p ordinary | Purchase | 8,819 | 4.5762 GBP | ||||
10p ordinary | Purchase | 5,454 | 4.5650 GBP | ||||
10p ordinary | Purchase | 4,730 | 4.5935 GBP | ||||
10p ordinary | Purchase | 4,475 | 4.5930 GBP | ||||
10p ordinary | Purchase | 2,934 | 4.6027 GBP | ||||
10p ordinary | Purchase | 2,600 | 4.6026 GBP | ||||
10p ordinary | Purchase | 2,169 | 4.5558 GBP | ||||
10p ordinary | Purchase | 1,940 | 4.5455 GBP | ||||
10p ordinary | Purchase | 1,466 | 4.6008 GBP | ||||
10p ordinary | Purchase | 1,276 | 4.5684 GBP | ||||
10p ordinary | Purchase | 1,260 | 4.5772 GBP | ||||
10p ordinary | Purchase | 736 | 4.6040 GBP | ||||
10p ordinary | Purchase | 592 | 4.5500 GBP | ||||
10p ordinary | Purchase | 444 | 4.5380 GBP | ||||
10p ordinary | Purchase | 312 | 4.5980 GBP | ||||
10p ordinary | Purchase | 131 | 4.6100 GBP | ||||
10p ordinary | Purchase | 2 | 4.5454 GBP | ||||
10p ordinary | Purchase | 2 | 4.5467 GBP | ||||
10p ordinary | Sale | 445,021 | 4.6000 GBP | ||||
10p ordinary | Sale | 55,793 | 4.5560 GBP | ||||
10p ordinary | Sale | 53,029 | 4.5718 GBP | ||||
10p ordinary | Sale | 27,383 | 4.5864 GBP | ||||
10p ordinary | Sale | 15,574 | 4.5894 GBP | ||||
10p ordinary | Sale | 15,147 | 4.5797 GBP | ||||
10p ordinary | Sale | 12,576 | 4.5951 GBP | ||||
10p ordinary | Sale | 11,469 | 4.5768 GBP | ||||
10p ordinary | Sale | 8,455 | 4.5485 GBP | ||||
10p ordinary | Sale | 7,794 | 4.5726 GBP | ||||
10p ordinary | Sale | 7,626 | 4.6025 GBP | ||||
10p ordinary | Sale | 5,840 | 4.5845 GBP | ||||
10p ordinary | Sale | 5,507 | 4.6033 GBP | ||||
10p ordinary | Sale | 4,840 | 4.5704 GBP | ||||
10p ordinary | Sale | 4,811 | 4.5933 GBP | ||||
10p ordinary | Sale | 4,719 | 4.6050 GBP | ||||
10p ordinary | Sale | 4,004 | 4.5699 GBP | ||||
10p ordinary | Sale | 2,600 | 4.6026 GBP | ||||
10p ordinary | Sale | 2,113 | 4.5804 GBP | ||||
10p ordinary | Sale | 1,687 | 4.5382 GBP | ||||
10p ordinary | Sale | 1,567 | 4.5596 GBP | ||||
10p ordinary | Sale | 1,406 | 4.6004 GBP | ||||
10p ordinary | Sale | 1,088 | 4.5620 GBP | ||||
10p ordinary | Sale | 878 | 4.5612 GBP | ||||
10p ordinary | Sale | 846 | 4.5920 GBP | ||||
10p ordinary | Sale | 713 | 4.5627 GBP | ||||
10p ordinary | Sale | 625 | 4.6056 GBP | ||||
10p ordinary | Sale | 619 | 4.5680 GBP | ||||
10p ordinary | Sale | 562 | 4.6041 GBP | ||||
10p ordinary | Sale | 471 | 4.5484 GBP | ||||
10p ordinary | Sale | 420 | 4.6020 GBP | ||||
10p ordinary | Sale | 409 | 4.5609 GBP | ||||
10p ordinary | Sale | 147 | 4.5973 GBP | ||||
10p ordinary | Sale | 131 | 4.6100 GBP | ||||
10p ordinary | Sale | 32 | 4.5980 GBP | ||||
10p ordinary | Sale | 22 | 4.6080 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
10p ordinary | SWAP | Decreasing Short | 471 | 4.5484 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,567 | 4.5596 GBP | |||
10p ordinary | SWAP | Decreasing Short | 409 | 4.5609 GBP | |||
10p ordinary | SWAP | Decreasing Short | 878 | 4.5613 GBP | |||
10p ordinary | SWAP | Decreasing Short | 713 | 4.5627 GBP | |||
10p ordinary | SWAP | Decreasing Short | 53,029 | 4.5718 GBP | |||
10p ordinary | SWAP | Decreasing Short | 27,383 | 4.5864 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,928 | 4.5992 GBP | |||
10p ordinary | SWAP | Decreasing Short | 75,147 | 4.5994 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8,257 | 4.6000 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,763 | 4.6001 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,507 | 4.6033 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,771 | 4.6034 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,169 | 4.5558 GBP | |||
10p ordinary | SWAP | Increasing Short | 67,263 | 4.5753 GBP | |||
10p ordinary | SWAP | Increasing Short | 18,287 | 4.5765 GBP | |||
10p ordinary | SWAP | Increasing Short | 18,661 | 4.5785 GBP | |||
10p ordinary | SWAP | Increasing Short | 31,306 | 4.5792 GBP | |||
10p ordinary | SWAP | Increasing Short | 312 | 4.5980 GBP | |||
10p ordinary | SWAP | Increasing Short | 35 | 4.6000 GBP | |||
10p ordinary | SWAP | Increasing Short | 57,476 | 4.6004 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,466 | 4.6008 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,157 | 4.6100 GBP | |||
10p ordinary | SWAP | Increasing Short | 51,580 | 4.6194 GBP | |||
10p ordinary | CFD | Decreasing Short | 315 | 4.6000 GBP | |||
10p ordinary | CFD | Decreasing Short | 420 | 4.6017 GBP | |||
10p ordinary | CFD | Decreasing Short | 131 | 4.6100 GBP | |||
10p ordinary | CFD | Increasing Short | 2,036 | 4.5354 GBP | |||
10p ordinary | CFD | Increasing Short | 2 | 4.5450 GBP | |||
10p ordinary | CFD | Increasing Short | 82,633 | 4.6000 GBP | |||
10p ordinary | CFD | Increasing Short | 2,600 | 4.6026 GBP | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | Option money paid/ received per unit |
(ii) | Exercising |
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Class of relevant security | Product description | Exercising/ exercised against | Number of securities | Exercise price per unit | |||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant security | Nature of Dealings | Details | Price per unit (if 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 person 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 |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 25 Sep 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)