15th May 2024 13:19
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: | 14 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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| 24,711,781 | 1.79% | 19,147,293 | 1.39% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,165,075 | 0.59% | 23,282,256 | 1.69% |
(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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| 32,876,856 | 2.38% | 42,429,549 | 3.08% |
(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 | 632,888 | 3.7001 GBP | ||||
10p ordinary | Purchase | 415,725 | 3.7231 GBP | ||||
10p ordinary | Purchase | 215,000 | 3.7060 GBP | ||||
10p ordinary | Purchase | 179,924 | 3.7000 GBP | ||||
10p ordinary | Purchase | 140,000 | 3.7025 GBP | ||||
10p ordinary | Purchase | 127,767 | 3.6995 GBP | ||||
10p ordinary | Purchase | 110,661 | 3.6991 GBP | ||||
10p ordinary | Purchase | 100,000 | 3.6946 GBP | ||||
10p ordinary | Purchase | 50,847 | 3.6939 GBP | ||||
10p ordinary | Purchase | 40,453 | 3.6984 GBP | ||||
10p ordinary | Purchase | 28,282 | 3.7109 GBP | ||||
10p ordinary | Purchase | 25,646 | 3.7206 GBP | ||||
10p ordinary | Purchase | 17,999 | 3.7199 GBP | ||||
10p ordinary | Purchase | 17,646 | 3.7042 GBP | ||||
10p ordinary | Purchase | 17,590 | 3.7179 GBP | ||||
10p ordinary | Purchase | 15,717 | 3.6940 GBP | ||||
10p ordinary | Purchase | 14,923 | 3.7211 GBP | ||||
10p ordinary | Purchase | 12,295 | 3.6919 GBP | ||||
10p ordinary | Purchase | 8,670 | 3.6955 GBP | ||||
10p ordinary | Purchase | 7,850 | 3.7210 GBP | ||||
10p ordinary | Purchase | 7,737 | 3.7006 GBP | ||||
10p ordinary | Purchase | 6,488 | 3.6916 GBP | ||||
10p ordinary | Purchase | 6,414 | 3.7014 GBP | ||||
10p ordinary | Purchase | 5,821 | 3.7193 GBP | ||||
10p ordinary | Purchase | 4,177 | 3.7120 GBP | ||||
10p ordinary | Purchase | 4,140 | 3.7033 GBP | ||||
10p ordinary | Purchase | 3,614 | 3.7005 GBP | ||||
10p ordinary | Purchase | 3,361 | 3.7200 GBP | ||||
10p ordinary | Purchase | 3,327 | 3.6996 GBP | ||||
10p ordinary | Purchase | 2,946 | 3.6913 GBP | ||||
10p ordinary | Purchase | 2,644 | 3.6960 GBP | ||||
10p ordinary | Purchase | 2,405 | 3.7171 GBP | ||||
10p ordinary | Purchase | 2,357 | 3.7004 GBP | ||||
10p ordinary | Purchase | 2,234 | 3.6950 GBP | ||||
10p ordinary | Purchase | 1,723 | 3.6976 GBP | ||||
10p ordinary | Purchase | 1,676 | 3.7008 GBP | ||||
10p ordinary | Purchase | 1,506 | 3.6860 GBP | ||||
10p ordinary | Purchase | 1,498 | 3.7244 GBP | ||||
10p ordinary | Purchase | 1,397 | 3.7096 GBP | ||||
10p ordinary | Purchase | 1,272 | 3.6981 GBP | ||||
10p ordinary | Purchase | 1,101 | 3.7130 GBP | ||||
10p ordinary | Purchase | 785 | 3.6867 GBP | ||||
10p ordinary | Purchase | 736 | 3.7100 GBP | ||||
10p ordinary | Purchase | 256 | 3.6989 GBP | ||||
10p ordinary | Purchase | 147 | 3.7300 GBP | ||||
10p ordinary | Sale | 274,291 | 3.7114 GBP | ||||
10p ordinary | Sale | 266,817 | 3.7055 GBP | ||||
10p ordinary | Sale | 147,561 | 3.6917 GBP | ||||
10p ordinary | Sale | 138,857 | 3.7000 GBP | ||||
10p ordinary | Sale | 127,218 | 3.7162 GBP | ||||
10p ordinary | Sale | 120,438 | 3.6813 GBP | ||||
10p ordinary | Sale | 106,631 | 3.6926 GBP | ||||
10p ordinary | Sale | 102,586 | 3.7133 GBP | ||||
10p ordinary | Sale | 102,586 | 3.7141 GBP | ||||
10p ordinary | Sale | 89,350 | 3.6954 GBP | ||||
10p ordinary | Sale | 88,852 | 3.7078 GBP | ||||
10p ordinary | Sale | 80,435 | 3.7142 GBP | ||||
10p ordinary | Sale | 64,322 | 3.7002 GBP | ||||
10p ordinary | Sale | 50,643 | 3.7204 GBP | ||||
10p ordinary | Sale | 49,735 | 3.6913 GBP | ||||
10p ordinary | Sale | 42,564 | 3.7086 GBP | ||||
10p ordinary | Sale | 34,009 | 3.7131 GBP | ||||
10p ordinary | Sale | 30,331 | 3.7175 GBP | ||||
10p ordinary | Sale | 29,106 | 3.7015 GBP | ||||
10p ordinary | Sale | 18,483 | 3.7172 GBP | ||||
10p ordinary | Sale | 14,980 | 3.7137 GBP | ||||
10p ordinary | Sale | 14,923 | 3.7211 GBP | ||||
10p ordinary | Sale | 14,543 | 3.6996 GBP | ||||
10p ordinary | Sale | 8,882 | 3.7203 GBP | ||||
10p ordinary | Sale | 8,670 | 3.6955 GBP | ||||
10p ordinary | Sale | 7,467 | 3.7016 GBP | ||||
10p ordinary | Sale | 7,278 | 3.7235 GBP | ||||
10p ordinary | Sale | 7,236 | 3.7199 GBP | ||||
10p ordinary | Sale | 7,024 | 3.7206 GBP | ||||
10p ordinary | Sale | 6,851 | 3.7022 GBP | ||||
10p ordinary | Sale | 6,567 | 3.6973 GBP | ||||
10p ordinary | Sale | 5,874 | 3.7196 GBP | ||||
10p ordinary | Sale | 5,821 | 3.7193 GBP | ||||
10p ordinary | Sale | 5,131 | 3.7132 GBP | ||||
10p ordinary | Sale | 4,864 | 3.6937 GBP | ||||
10p ordinary | Sale | 4,700 | 3.6938 GBP | ||||
10p ordinary | Sale | 3,995 | 3.7023 GBP | ||||
10p ordinary | Sale | 3,371 | 3.7103 GBP | ||||
10p ordinary | Sale | 3,155 | 3.6960 GBP | ||||
10p ordinary | Sale | 2,618 | 3.7076 GBP | ||||
10p ordinary | Sale | 2,405 | 3.7171 GBP | ||||
10p ordinary | Sale | 2,166 | 3.7262 GBP | ||||
10p ordinary | Sale | 2,069 | 3.7102 GBP | ||||
10p ordinary | Sale | 1,757 | 3.6919 GBP | ||||
10p ordinary | Sale | 1,723 | 3.6976 GBP | ||||
10p ordinary | Sale | 1,676 | 3.7008 GBP | ||||
10p ordinary | Sale | 1,506 | 3.6860 GBP | ||||
10p ordinary | Sale | 1,504 | 3.6940 GBP | ||||
10p ordinary | Sale | 1,498 | 3.7244 GBP | ||||
10p ordinary | Sale | 1,412 | 3.6934 GBP | ||||
10p ordinary | Sale | 1,216 | 3.7110 GBP | ||||
10p ordinary | Sale | 1,216 | 3.6992 GBP | ||||
10p ordinary | Sale | 876 | 3.7080 GBP | ||||
10p ordinary | Sale | 829 | 3.6980 GBP | ||||
10p ordinary | Sale | 826 | 3.7240 GBP | ||||
10p ordinary | Sale | 785 | 3.6867 GBP | ||||
10p ordinary | Sale | 736 | 3.7100 GBP | ||||
10p ordinary | Sale | 527 | 3.7200 GBP | ||||
10p ordinary | Sale | 419 | 3.7300 GBP | ||||
10p ordinary | Sale | 302 | 3.7220 GBP | ||||
10p ordinary | Sale | 109 | 3.7180 GBP | ||||
10p ordinary | Sale | 1 | 3.7139 GBP | ||||
10p ordinary | Sale | -105 | 3.6989 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 | 3,614 | 3.7005 GBP | |||
10p ordinary | SWAP | Decreasing Long | 17,590 | 3.7179 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,041 | 3.7000 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,392 | 3.7000 GBP | |||
10p ordinary | SWAP | Decreasing Short | 22,962 | 3.6997 GBP | |||
10p ordinary | CFD | Decreasing Short | 40,142 | 3.7000 GBP | |||
10p ordinary | CFD | Decreasing Short | 58,988 | 3.7193 GBP | |||
10p ordinary | SWAP | Decreasing Short | 80,435 | 3.7142 GBP | |||
10p ordinary | SWAP | Decreasing Short | 205,172 | 3.7137 GBP | |||
10p ordinary | SWAP | Decreasing Short | 274,291 | 3.7114 GBP | |||
10p ordinary | SWAP | Increasing Long | 1 | 3.7139 GBP | |||
10p ordinary | SWAP | Increasing Short | 527 | 3.7200 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,272 | 3.6981 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,177 | 3.7120 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,414 | 3.7014 GBP | |||
10p ordinary | SWAP | Increasing Short | 17,646 | 3.7042 GBP | |||
10p ordinary | CFD | Increasing Short | 44,465 | 3.6989 GBP | |||
10p ordinary | SWAP | Increasing Short | 52,977 | 3.7000 GBP | |||
10p ordinary | SWAP | Increasing Short | 61,000 | 3.7060 GBP | |||
10p ordinary | CFD | Increasing Short | 65,604 | 3.7000 GBP | |||
10p ordinary | SWAP | Increasing Short | 154,000 | 3.7060 GBP | |||
10p ordinary | SWAP | Increasing Short | 415,725 | 3.7231 GBP | |||
10p ordinary | SWAP | Opening Long | 60,639 | 3.7077 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: | 15 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)