8th Jul 2024 14:16
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: | 05 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: | 35,178,885 | 2.55% | 21,922,138 | 1.59% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 8,384,656 | 0.61% | 34,477,520 | 2.50% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 43,563,541 | 3.16% | 56,399,658 | 4.09% | |||
(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 | 1,081,948 | 4.1815 GBP | ||||
10p ordinary | Purchase | 453,907 | 4.1943 GBP | ||||
10p ordinary | Purchase | 273,077 | 4.2068 GBP | ||||
10p ordinary | Purchase | 250,000 | 4.2421 GBP | ||||
10p ordinary | Purchase | 250,000 | 4.2221 GBP | ||||
10p ordinary | Purchase | 139,002 | 4.2108 GBP | ||||
10p ordinary | Purchase | 124,195 | 4.1820 GBP | ||||
10p ordinary | Purchase | 103,303 | 4.2200 GBP | ||||
10p ordinary | Purchase | 99,726 | 4.2114 GBP | ||||
10p ordinary | Purchase | 91,610 | 4.1795 GBP | ||||
10p ordinary | Purchase | 81,468 | 4.2284 GBP | ||||
10p ordinary | Purchase | 55,515 | 4.1781 GBP | ||||
10p ordinary | Purchase | 34,900 | 4.2428 GBP | ||||
10p ordinary | Purchase | 31,036 | 4.2210 GBP | ||||
10p ordinary | Purchase | 30,255 | 4.1800 GBP | ||||
10p ordinary | Purchase | 28,552 | 4.2100 GBP | ||||
10p ordinary | Purchase | 27,757 | 4.2540 GBP | ||||
10p ordinary | Purchase | 27,499 | 4.2504 GBP | ||||
10p ordinary | Purchase | 26,823 | 4.2280 GBP | ||||
10p ordinary | Purchase | 25,932 | 4.2395 GBP | ||||
10p ordinary | Purchase | 22,563 | 4.2316 GBP | ||||
10p ordinary | Purchase | 19,804 | 4.1984 GBP | ||||
10p ordinary | Purchase | 13,078 | 4.1819 GBP | ||||
10p ordinary | Purchase | 8,510 | 4.2132 GBP | ||||
10p ordinary | Purchase | 8,400 | 4.2137 GBP | ||||
10p ordinary | Purchase | 6,189 | 4.2254 GBP | ||||
10p ordinary | Purchase | 5,954 | 4.2164 GBP | ||||
10p ordinary | Purchase | 5,903 | 4.1910 GBP | ||||
10p ordinary | Purchase | 5,424 | 4.2521 GBP | ||||
10p ordinary | Purchase | 2,765 | 4.1860 GBP | ||||
10p ordinary | Purchase | 2,299 | 4.2551 GBP | ||||
10p ordinary | Purchase | 2,073 | 4.1840 GBP | ||||
10p ordinary | Purchase | 1,574 | 4.1836 GBP | ||||
10p ordinary | Purchase | 1,481 | 4.2625 GBP | ||||
10p ordinary | Purchase | 1,105 | 4.2060 GBP | ||||
10p ordinary | Purchase | 1,100 | 4.2640 GBP | ||||
10p ordinary | Purchase | 1,014 | 4.2752 GBP | ||||
10p ordinary | Purchase | 815 | 4.2480 GBP | ||||
10p ordinary | Purchase | 750 | 4.1905 GBP | ||||
10p ordinary | Purchase | 381 | 4.2600 GBP | ||||
10p ordinary | Purchase | 309 | 4.2470 GBP | ||||
10p ordinary | Sale | 313,062 | 4.2055 GBP | ||||
10p ordinary | Sale | 170,803 | 4.1879 GBP | ||||
10p ordinary | Sale | 142,176 | 4.1815 GBP | ||||
10p ordinary | Sale | 58,999 | 4.2128 GBP | ||||
10p ordinary | Sale | 57,752 | 4.2285 GBP | ||||
10p ordinary | Sale | 55,477 | 4.2173 GBP | ||||
10p ordinary | Sale | 46,372 | 4.1800 GBP | ||||
10p ordinary | Sale | 22,085 | 4.2483 GBP | ||||
10p ordinary | Sale | 8,138 | 4.2580 GBP | ||||
10p ordinary | Sale | 6,072 | 4.2616 GBP | ||||
10p ordinary | Sale | 5,261 | 4.1801 GBP | ||||
10p ordinary | Sale | 3,701 | 4.2319 GBP | ||||
10p ordinary | Sale | 2,655 | 4.2600 GBP | ||||
10p ordinary | Sale | 2,253 | 4.2130 GBP | ||||
10p ordinary | Sale | 2,140 | 4.2582 GBP | ||||
10p ordinary | Sale | 2,114 | 4.2653 GBP | ||||
10p ordinary | Sale | 1,849 | 4.2464 GBP | ||||
10p ordinary | Sale | 1,774 | 4.2009 GBP | ||||
10p ordinary | Sale | 1,699 | 4.2545 GBP | ||||
10p ordinary | Sale | 1,531 | 4.2410 GBP | ||||
10p ordinary | Sale | 1,105 | 4.2060 GBP | ||||
10p ordinary | Sale | 1,100 | 4.2640 GBP | ||||
10p ordinary | Sale | 834 | 4.2617 GBP | ||||
10p ordinary | Sale | 583 | 4.2520 GBP | ||||
10p ordinary | Sale | 558 | 4.2376 GBP | ||||
10p ordinary | Sale | 104 | 4.2459 GBP | ||||
10p ordinary | Sale | 104 | 4.1820 GBP | ||||
10p ordinary | Sale | 92 | 4.2680 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 | 886 | 4.1800 GBP | |||
10p ordinary | CFD | Decreasing Long | 3,694 | 4.1800 GBP | |||
10p ordinary | CFD | Decreasing Long | 142,176 | 4.1815 GBP | |||
10p ordinary | CFD | Decreasing Long | 2,073 | 4.1839 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,304 | 4.2178 GBP | |||
10p ordinary | SWAP | Closing Short | 8,244 | 4.1800 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,711 | 4.1800 GBP | |||
10p ordinary | SWAP | Decreasing Short | 9,985 | 4.1889 GBP | |||
10p ordinary | SWAP | Decreasing Short | 55,477 | 4.2173 GBP | |||
10p ordinary | SWAP | Decreasing Short | 583 | 4.2520 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,699 | 4.2545 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,114 | 4.2653 GBP | |||
10p ordinary | SWAP | Increasing Short | 375,371 | 4.1802 GBP | |||
10p ordinary | SWAP | Increasing Short | 37,259 | 4.1820 GBP | |||
10p ordinary | SWAP | Increasing Short | 101,243 | 4.1833 GBP | |||
10p ordinary | SWAP | Increasing Short | 273,077 | 4.2068 GBP | |||
10p ordinary | SWAP | Increasing Short | 100,000 | 4.2111 GBP | |||
10p ordinary | SWAP | Increasing Short | 150,000 | 4.2321 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,424 | 4.2521 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,014 | 4.2752 GBP | |||
10p ordinary | SWAP | Increasing Long | 104 | 4.2459 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,193 | 4.1880 GBP | |||
10p ordinary | SWAP | Decreasing Long | 99,726 | 4.2114 GBP | |||
10p ordinary | SWAP | Decreasing Long | 710 | 4.2135 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,711 | 4.1800 GBP | |||
10p ordinary | SWAP | Increasing Short | 256,859 | 4.1800 GBP | |||
10p ordinary | SWAP | Increasing Short | 86,936 | 4.1820 GBP | |||
10p ordinary | SWAP | Increasing Short | 750 | 4.1905 GBP | |||
10p ordinary | SWAP | Increasing Short | 325,672 | 4.2060 GBP | |||
10p ordinary | SWAP | Increasing Short | 139,002 | 4.2108 GBP | |||
10p ordinary | SWAP | Increasing Short | 350,000 | 4.2321 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: | 08 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)