30th May 2024 14:54
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: | 29 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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| 31,472,540 | 2.28% | 18,991,150 | 1.38% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,004,809 | 0.58% | 30,177,030 | 2.19% |
(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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| 39,477,349 | 2.86% | 49,168,180 | 3.56% |
(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 |
| securities |
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10p ordinary | Purchase | 104,393 | 3.6990 GBP | ||||
10p ordinary | Purchase | 92,278 | 3.6986 GBP | ||||
10p ordinary | Purchase | 85,510 | 3.6980 GBP | ||||
10p ordinary | Purchase | 84,934 | 3.6994 GBP | ||||
10p ordinary | Purchase | 24,128 | 3.6968 GBP | ||||
10p ordinary | Purchase | 16,081 | 3.7064 GBP | ||||
10p ordinary | Purchase | 15,647 | 3.6995 GBP | ||||
10p ordinary | Purchase | 15,339 | 3.7059 GBP | ||||
10p ordinary | Purchase | 12,177 | 3.6985 GBP | ||||
10p ordinary | Purchase | 11,701 | 3.7025 GBP | ||||
10p ordinary | Purchase | 10,998 | 3.7052 GBP | ||||
10p ordinary | Purchase | 10,926 | 3.7058 GBP | ||||
10p ordinary | Purchase | 9,350 | 3.7015 GBP | ||||
10p ordinary | Purchase | 8,501 | 3.7002 GBP | ||||
10p ordinary | Purchase | 7,814 | 3.6949 GBP | ||||
10p ordinary | Purchase | 6,758 | 3.7038 GBP | ||||
10p ordinary | Purchase | 6,377 | 3.6963 GBP | ||||
10p ordinary | Purchase | 4,121 | 3.6956 GBP | ||||
10p ordinary | Purchase | 3,286 | 3.7042 GBP | ||||
10p ordinary | Purchase | 3,214 | 3.6998 GBP | ||||
10p ordinary | Purchase | 3,187 | 3.7000 GBP | ||||
10p ordinary | Purchase | 3,101 | 3.6964 GBP | ||||
10p ordinary | Purchase | 2,932 | 3.6962 GBP | ||||
10p ordinary | Purchase | 2,533 | 3.7100 GBP | ||||
10p ordinary | Purchase | 2,055 | 3.6960 GBP | ||||
10p ordinary | Purchase | 1,755 | 3.7089 GBP | ||||
10p ordinary | Purchase | 1,472 | 3.7120 GBP | ||||
10p ordinary | Purchase | 1,238 | 3.7167 GBP | ||||
10p ordinary | Purchase | 1,090 | 3.7200 GBP | ||||
10p ordinary | Purchase | 856 | 3.7160 GBP | ||||
10p ordinary | Purchase | 798 | 3.6920 GBP | ||||
10p ordinary | Purchase | 766 | 3.7080 GBP | ||||
10p ordinary | Purchase | 485 | 3.7140 GBP | ||||
10p ordinary | Purchase | 394 | 3.7040 GBP | ||||
10p ordinary | Purchase | 174 | 3.6941 GBP | ||||
10p ordinary | Purchase | 44 | 3.6876 GBP | ||||
10p ordinary | Purchase | 34 | 3.6969 GBP | ||||
10p ordinary | Purchase | 3 | 3.7110 GBP | ||||
10p ordinary | Sale | 400,000 | 3.7249 GBP | ||||
10p ordinary | Sale | 235,211 | 3.6987 GBP | ||||
10p ordinary | Sale | 140,406 | 3.7035 GBP | ||||
10p ordinary | Sale | 138,734 | 3.6981 GBP | ||||
10p ordinary | Sale | 55,437 | 3.7019 GBP | ||||
10p ordinary | Sale | 48,124 | 3.7031 GBP | ||||
10p ordinary | Sale | 47,861 | 3.7009 GBP | ||||
10p ordinary | Sale | 40,347 | 3.6956 GBP | ||||
10p ordinary | Sale | 30,338 | 3.6974 GBP | ||||
10p ordinary | Sale | 28,906 | 3.6980 GBP | ||||
10p ordinary | Sale | 18,818 | 3.7007 GBP | ||||
10p ordinary | Sale | 16,081 | 3.7068 GBP | ||||
10p ordinary | Sale | 15,647 | 3.6995 GBP | ||||
10p ordinary | Sale | 12,201 | 3.7000 GBP | ||||
10p ordinary | Sale | 10,998 | 3.7056 GBP | ||||
10p ordinary | Sale | 10,926 | 3.7062 GBP | ||||
10p ordinary | Sale | 10,244 | 3.7046 GBP | ||||
10p ordinary | Sale | 9,567 | 3.6938 GBP | ||||
10p ordinary | Sale | 6,782 | 3.7085 GBP | ||||
10p ordinary | Sale | 6,682 | 3.7003 GBP | ||||
10p ordinary | Sale | 6,608 | 3.7071 GBP | ||||
10p ordinary | Sale | 6,459 | 3.6989 GBP | ||||
10p ordinary | Sale | 6,411 | 3.7011 GBP | ||||
10p ordinary | Sale | 5,553 | 3.6963 GBP | ||||
10p ordinary | Sale | 4,767 | 3.7018 GBP | ||||
10p ordinary | Sale | 4,718 | 3.6988 GBP | ||||
10p ordinary | Sale | 4,121 | 3.6959 GBP | ||||
10p ordinary | Sale | 3,730 | 3.6962 GBP | ||||
10p ordinary | Sale | 2,663 | 3.6915 GBP | ||||
10p ordinary | Sale | 2,474 | 3.6990 GBP | ||||
10p ordinary | Sale | 2,463 | 3.6928 GBP | ||||
10p ordinary | Sale | 2,147 | 3.6917 GBP | ||||
10p ordinary | Sale | 1,702 | 3.7047 GBP | ||||
10p ordinary | Sale | 1,631 | 3.6960 GBP | ||||
10p ordinary | Sale | 1,515 | 3.7130 GBP | ||||
10p ordinary | Sale | 1,431 | 3.6940 GBP | ||||
10p ordinary | Sale | 1,196 | 3.7112 GBP | ||||
10p ordinary | Sale | 1,090 | 3.7200 GBP | ||||
10p ordinary | Sale | 944 | 3.6970 GBP | ||||
10p ordinary | Sale | 856 | 3.7160 GBP | ||||
10p ordinary | Sale | 824 | 3.6900 GBP | ||||
10p ordinary | Sale | 798 | 3.6920 GBP | ||||
10p ordinary | Sale | 766 | 3.7080 GBP | ||||
10p ordinary | Sale | 413 | 3.7140 GBP | ||||
10p ordinary | Sale | 394 | 3.7040 GBP | ||||
10p ordinary | Sale | 33 | 3.6969 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 | Closing Long | 30 | 3.6941 GBP | |||
10p ordinary | SWAP | Closing Long | 209 | 3.7167 GBP | |||
10p ordinary | SWAP | Closing Long | 232 | 3.7014 GBP | |||
10p ordinary | SWAP | Closing Long | 555 | 3.7042 GBP | |||
10p ordinary | SWAP | Closing Long | 1,077 | 3.6963 GBP | |||
10p ordinary | SWAP | Closing Long | 2,390 | 3.6980 GBP | |||
10p ordinary | SWAP | Closing Long | 2,593 | 3.7059 GBP | |||
10p ordinary | SWAP | Decreasing Long | 144 | 3.6941 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,029 | 3.7167 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,139 | 3.7014 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,533 | 3.7100 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,731 | 3.7042 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,300 | 3.6963 GBP | |||
10p ordinary | SWAP | Decreasing Long | 8,501 | 3.7002 GBP | |||
10p ordinary | SWAP | Decreasing Long | 12,746 | 3.7059 GBP | |||
10p ordinary | SWAP | Decreasing Long | 12,953 | 3.6980 GBP | |||
10p ordinary | CFD | Decreasing Short | 24 | 3.6958 GBP | |||
10p ordinary | CFD | Decreasing Short | 175 | 3.6960 GBP | |||
10p ordinary | CFD | Decreasing Short | 289 | 3.6959 GBP | |||
10p ordinary | SWAP | Decreasing Short | 314 | 3.6940 GBP | |||
10p ordinary | CFD | Decreasing Short | 428 | 3.7136 GBP | |||
10p ordinary | CFD | Decreasing Short | 564 | 3.6980 GBP | |||
10p ordinary | SWAP | Decreasing Short | 643 | 3.7036 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,332 | 3.7014 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,463 | 3.6928 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,374 | 3.6995 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,553 | 3.6963 GBP | |||
10p ordinary | CFD | Decreasing Short | 14,859 | 3.6935 GBP | |||
10p ordinary | SWAP | Decreasing Short | 41,051 | 3.6993 GBP | |||
10p ordinary | SWAP | Decreasing Short | 44,797 | 3.7032 GBP | |||
10p ordinary | SWAP | Decreasing Short | 77,137 | 3.6981 GBP | |||
10p ordinary | SWAP | Decreasing Short | 79,656 | 3.7009 GBP | |||
10p ordinary | SWAP | Decreasing Short | 80,885 | 3.6980 GBP | |||
10p ordinary | SWAP | Decreasing Short | 140,406 | 3.7035 GBP | |||
10p ordinary | SWAP | Increasing Long | 40,347 | 3.6956 GBP | |||
10p ordinary | CFD | Increasing Short | 24 | 3.6958 GBP | |||
10p ordinary | CFD | Increasing Short | 175 | 3.6960 GBP | |||
10p ordinary | CFD | Increasing Short | 289 | 3.6959 GBP | |||
10p ordinary | SWAP | Increasing Short | 424 | 3.6960 GBP | |||
10p ordinary | CFD | Increasing Short | 564 | 3.6980 GBP | |||
10p ordinary | CFD | Increasing Short | 1,472 | 3.7119 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,488 | 3.7009 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,754 | 3.6980 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,814 | 3.6949 GBP | |||
10p ordinary | CFD | Increasing Short | 15,647 | 3.6995 GBP | |||
10p ordinary | SWAP | Increasing Short | 75,378 | 3.6985 GBP | |||
10p ordinary | SWAP | Opening Long | 13,356 | 3.6987 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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(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: | 30 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)