14th Aug 2024 15:19
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 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: | 13 Aug 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 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: | 33,668,518 | 2.44% | 32,475,641 | 2.35% | |||
(2) Cash-settled derivatives: | 11,961,786 | 0.87% | 33,427,685 | 2.42% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 45,630,304 | 3.31% | 65,903,326 | 4.78% | |||
(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 | 192,508 | 4.4500 GBP | ||||
10p ordinary | Purchase | 145,982 | 4.4367 GBP | ||||
10p ordinary | Purchase | 79,837 | 4.4473 GBP | ||||
10p ordinary | Purchase | 64,864 | 4.4368 GBP | ||||
10p ordinary | Purchase | 39,402 | 4.4350 GBP | ||||
10p ordinary | Purchase | 31,850 | 4.4330 GBP | ||||
10p ordinary | Purchase | 28,497 | 4.4493 GBP | ||||
10p ordinary | Purchase | 27,020 | 4.4356 GBP | ||||
10p ordinary | Purchase | 25,602 | 4.4364 GBP | ||||
10p ordinary | Purchase | 17,493 | 4.4283 GBP | ||||
10p ordinary | Purchase | 15,175 | 4.4292 GBP | ||||
10p ordinary | Purchase | 14,744 | 4.4440 GBP | ||||
10p ordinary | Purchase | 11,780 | 4.4338 GBP | ||||
10p ordinary | Purchase | 11,249 | 4.4355 GBP | ||||
10p ordinary | Purchase | 11,135 | 4.4309 GBP | ||||
10p ordinary | Purchase | 8,174 | 4.4209 GBP | ||||
10p ordinary | Purchase | 8,140 | 4.4332 GBP | ||||
10p ordinary | Purchase | 7,285 | 4.4337 GBP | ||||
10p ordinary | Purchase | 6,566 | 4.4408 GBP | ||||
10p ordinary | Purchase | 5,218 | 4.4400 GBP | ||||
10p ordinary | Purchase | 4,405 | 4.4302 GBP | ||||
10p ordinary | Purchase | 4,063 | 4.4331 GBP | ||||
10p ordinary | Purchase | 3,516 | 4.4415 GBP | ||||
10p ordinary | Purchase | 3,101 | 4.4343 GBP | ||||
10p ordinary | Purchase | 3,088 | 4.4240 GBP | ||||
10p ordinary | Purchase | 2,521 | 4.4220 GBP | ||||
10p ordinary | Purchase | 2,500 | 4.4380 GBP | ||||
10p ordinary | Purchase | 2,341 | 4.4319 GBP | ||||
10p ordinary | Purchase | 2,330 | 4.4236 GBP | ||||
10p ordinary | Purchase | 2,006 | 4.4271 GBP | ||||
10p ordinary | Purchase | 1,893 | 4.4303 GBP | ||||
10p ordinary | Purchase | 1,771 | 4.4172 GBP | ||||
10p ordinary | Purchase | 1,547 | 4.4164 GBP | ||||
10p ordinary | Purchase | 1,536 | 4.4298 GBP | ||||
10p ordinary | Purchase | 1,366 | 4.4197 GBP | ||||
10p ordinary | Purchase | 1,127 | 4.4223 GBP | ||||
10p ordinary | Purchase | 1,122 | 4.4340 GBP | ||||
10p ordinary | Purchase | 871 | 4.4411 GBP | ||||
10p ordinary | Purchase | 829 | 4.4140 GBP | ||||
10p ordinary | Purchase | 822 | 4.4320 GBP | ||||
10p ordinary | Purchase | 800 | 4.4360 GBP | ||||
10p ordinary | Purchase | 711 | 4.4260 GBP | ||||
10p ordinary | Purchase | 439 | 4.4420 GBP | ||||
10p ordinary | Sale | 219,355 | 4.4343 GBP | ||||
10p ordinary | Sale | 155,370 | 4.4162 GBP | ||||
10p ordinary | Sale | 103,194 | 4.4490 GBP | ||||
10p ordinary | Sale | 75,762 | 4.4484 GBP | ||||
10p ordinary | Sale | 73,037 | 4.4463 GBP | ||||
10p ordinary | Sale | 52,544 | 4.4215 GBP | ||||
10p ordinary | Sale | 26,298 | 4.4500 GBP | ||||
10p ordinary | Sale | 23,092 | 4.4502 GBP | ||||
10p ordinary | Sale | 20,810 | 4.4280 GBP | ||||
10p ordinary | Sale | 20,475 | 4.4212 GBP | ||||
10p ordinary | Sale | 14,744 | 4.4440 GBP | ||||
10p ordinary | Sale | 14,533 | 4.4200 GBP | ||||
10p ordinary | Sale | 10,173 | 4.4224 GBP | ||||
10p ordinary | Sale | 7,389 | 4.4298 GBP | ||||
10p ordinary | Sale | 5,849 | 4.4360 GBP | ||||
10p ordinary | Sale | 5,699 | 4.4249 GBP | ||||
10p ordinary | Sale | 5,590 | 4.4205 GBP | ||||
10p ordinary | Sale | 4,728 | 4.4264 GBP | ||||
10p ordinary | Sale | 3,767 | 4.4240 GBP | ||||
10p ordinary | Sale | 3,725 | 4.4303 GBP | ||||
10p ordinary | Sale | 3,669 | 4.4266 GBP | ||||
10p ordinary | Sale | 3,076 | 4.4233 GBP | ||||
10p ordinary | Sale | 2,966 | 4.4258 GBP | ||||
10p ordinary | Sale | 2,877 | 4.4400 GBP | ||||
10p ordinary | Sale | 2,803 | 4.4380 GBP | ||||
10p ordinary | Sale | 2,521 | 4.4220 GBP | ||||
10p ordinary | Sale | 2,076 | 4.4227 GBP | ||||
10p ordinary | Sale | 1,497 | 4.4237 GBP | ||||
10p ordinary | Sale | 1,479 | 4.4228 GBP | ||||
10p ordinary | Sale | 1,451 | 4.4325 GBP | ||||
10p ordinary | Sale | 1,251 | 4.4430 GBP | ||||
10p ordinary | Sale | 1,122 | 4.4340 GBP | ||||
10p ordinary | Sale | 884 | 4.4230 GBP | ||||
10p ordinary | Sale | 866 | 4.4288 GBP | ||||
10p ordinary | Sale | 829 | 4.4140 GBP | ||||
10p ordinary | Sale | 822 | 4.4320 GBP | ||||
10p ordinary | Sale | 737 | 4.4260 GBP | ||||
10p ordinary | Sale | 716 | 4.4424 GBP | ||||
10p ordinary | Sale | 439 | 4.4420 GBP | ||||
10p ordinary | Sale | 181 | 4.4160 GBP | ||||
10p ordinary | Sale | 132 | 4.4319 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
10p ordinary | CFD | Decreasing Short | 4,068 | 4.4402 GBP | |||
10p ordinary | CFD | Decreasing Short | 23,536 | 4.4500 GBP | |||
10p ordinary | CFD | Increasing Short | 389 | 4.4262 GBP | |||
10p ordinary | CFD | Increasing Short | 628 | 4.4500 GBP | |||
10p ordinary | SWAP | Increasing Long | 19,600 | 4.4343 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,699 | 4.4249 GBP | |||
10p ordinary | SWAP | Decreasing Short | 866 | 4.4288 GBP | |||
10p ordinary | SWAP | Decreasing Short | 39,265 | 4.4494 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,127 | 4.4223 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,536 | 4.4298 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,319 | 4.4308 GBP | |||
10p ordinary | SWAP | Increasing Short | 39,402 | 4.4350 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,906 | 4.4415 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,290 | 4.4476 GBP | |||
10p ordinary | SWAP | Decreasing Short | 132 | 4.4319 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,249 | 4.4355 GBP | |||
10p ordinary | SWAP | Increasing Short | 9,424 | 4.4273 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,175 | 4.4292 GBP | |||
10p ordinary | SWAP | Increasing Short | 439 | 4.4500 GBP | |||
10p ordinary | SWAP | Increasing Long | 953 | 4.4500 GBP | |||
10p ordinary | SWAP | Increasing Long | 175,000 | 4.4500 GBP | |||
10p ordinary | SWAP | Increasing Long | 211,500 | 4.4500 GBP | |||
10p ordinary | SWAP | Increasing Short | 99,186 | 4.4400 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: | 14 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)