5th Jun 2024 14:33
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: | 04 Jun 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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| 31,260,735 | 2.27% | 24,763,033 | 1.80% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 7,857,429 | 0.57% | 28,925,391 | 2.10% |
(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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| 39,118,164 | 2.84% | 53,688,424 | 3.89% |
(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 | 517,385 | 3.7621 GBP | ||||
10p ordinary | Purchase | 305,292 | 3.7629 GBP | ||||
10p ordinary | Purchase | 200,000 | 3.7612 GBP | ||||
10p ordinary | Purchase | 172,597 | 3.7623 GBP | ||||
10p ordinary | Purchase | 165,937 | 3.7595 GBP | ||||
10p ordinary | Purchase | 143,814 | 3.7662 GBP | ||||
10p ordinary | Purchase | 137,276 | 3.7584 GBP | ||||
10p ordinary | Purchase | 92,973 | 3.7615 GBP | ||||
10p ordinary | Purchase | 85,101 | 3.7616 GBP | ||||
10p ordinary | Purchase | 73,429 | 3.7685 GBP | ||||
10p ordinary | Purchase | 68,595 | 3.7605 GBP | ||||
10p ordinary | Purchase | 61,458 | 3.7631 GBP | ||||
10p ordinary | Purchase | 55,078 | 3.7609 GBP | ||||
10p ordinary | Purchase | 53,585 | 3.7630 GBP | ||||
10p ordinary | Purchase | 45,118 | 3.7647 GBP | ||||
10p ordinary | Purchase | 41,478 | 3.7687 GBP | ||||
10p ordinary | Purchase | 27,407 | 3.7620 GBP | ||||
10p ordinary | Purchase | 23,016 | 3.7626 GBP | ||||
10p ordinary | Purchase | 19,298 | 3.7600 GBP | ||||
10p ordinary | Purchase | 14,520 | 3.7639 GBP | ||||
10p ordinary | Purchase | 13,952 | 3.7607 GBP | ||||
10p ordinary | Purchase | 13,802 | 3.7583 GBP | ||||
10p ordinary | Purchase | 13,696 | 3.7538 GBP | ||||
10p ordinary | Purchase | 12,615 | 3.7614 GBP | ||||
10p ordinary | Purchase | 8,106 | 3.7622 GBP | ||||
10p ordinary | Purchase | 5,680 | 3.7596 GBP | ||||
10p ordinary | Purchase | 5,623 | 3.7555 GBP | ||||
10p ordinary | Purchase | 5,428 | 3.7674 GBP | ||||
10p ordinary | Purchase | 4,094 | 3.7627 GBP | ||||
10p ordinary | Purchase | 4,030 | 3.7550 GBP | ||||
10p ordinary | Purchase | 3,240 | 3.7640 GBP | ||||
10p ordinary | Purchase | 2,739 | 3.7660 GBP | ||||
10p ordinary | Purchase | 2,615 | 3.7700 GBP | ||||
10p ordinary | Purchase | 2,348 | 3.7606 GBP | ||||
10p ordinary | Purchase | 1,687 | 3.7465 GBP | ||||
10p ordinary | Purchase | 1,250 | 3.7490 GBP | ||||
10p ordinary | Purchase | 743 | 3.7740 GBP | ||||
10p ordinary | Purchase | 656 | 3.7475 GBP | ||||
10p ordinary | Purchase | 627 | 3.7678 GBP | ||||
10p ordinary | Purchase | 627 | 3.7680 GBP | ||||
10p ordinary | Purchase | 594 | 3.7566 GBP | ||||
10p ordinary | Purchase | 534 | 3.7720 GBP | ||||
10p ordinary | Purchase | 352 | 3.7400 GBP | ||||
10p ordinary | Purchase | 351 | 3.7590 GBP | ||||
10p ordinary | Purchase | 253 | 3.7654 GBP | ||||
10p ordinary | Purchase | 205 | 3.7509 GBP | ||||
10p ordinary | Purchase | 189 | 3.7580 GBP | ||||
10p ordinary | Purchase | 135 | 3.7360 GBP | ||||
10p ordinary | Purchase | 36 | 3.7675 GBP | ||||
10p ordinary | Sale | 341,036 | 3.7620 GBP | ||||
10p ordinary | Sale | 250,436 | 3.7614 GBP | ||||
10p ordinary | Sale | 158,626 | 3.7623 GBP | ||||
10p ordinary | Sale | 93,739 | 3.7553 GBP | ||||
10p ordinary | Sale | 76,418 | 3.7659 GBP | ||||
10p ordinary | Sale | 64,352 | 3.7621 GBP | ||||
10p ordinary | Sale | 52,871 | 3.7569 GBP | ||||
10p ordinary | Sale | 51,207 | 3.7618 GBP | ||||
10p ordinary | Sale | 26,468 | 3.7599 GBP | ||||
10p ordinary | Sale | 23,376 | 3.7633 GBP | ||||
10p ordinary | Sale | 21,052 | 3.7637 GBP | ||||
10p ordinary | Sale | 21,031 | 3.7656 GBP | ||||
10p ordinary | Sale | 20,443 | 3.7604 GBP | ||||
10p ordinary | Sale | 19,104 | 3.7560 GBP | ||||
10p ordinary | Sale | 13,673 | 3.7612 GBP | ||||
10p ordinary | Sale | 10,231 | 3.7574 GBP | ||||
10p ordinary | Sale | 8,969 | 3.7617 GBP | ||||
10p ordinary | Sale | 8,206 | 3.7684 GBP | ||||
10p ordinary | Sale | 8,021 | 3.7645 GBP | ||||
10p ordinary | Sale | 7,967 | 3.7603 GBP | ||||
10p ordinary | Sale | 7,824 | 3.7610 GBP | ||||
10p ordinary | Sale | 7,676 | 3.7625 GBP | ||||
10p ordinary | Sale | 6,510 | 3.7658 GBP | ||||
10p ordinary | Sale | 6,449 | 3.7430 GBP | ||||
10p ordinary | Sale | 6,077 | 3.7600 GBP | ||||
10p ordinary | Sale | 3,240 | 3.7640 GBP | ||||
10p ordinary | Sale | 2,739 | 3.7660 GBP | ||||
10p ordinary | Sale | 2,615 | 3.7700 GBP | ||||
10p ordinary | Sale | 1,910 | 3.7680 GBP | ||||
10p ordinary | Sale | 1,480 | 3.7529 GBP | ||||
10p ordinary | Sale | 743 | 3.7740 GBP | ||||
10p ordinary | Sale | 656 | 3.7478 GBP | ||||
10p ordinary | Sale | 594 | 3.7570 GBP | ||||
10p ordinary | Sale | 534 | 3.7720 GBP | ||||
10p ordinary | Sale | 151 | 3.7583 GBP | ||||
10p ordinary | Sale | 38 | 3.7580 GBP | ||||
10p ordinary | Sale | 265 | 3.7609 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 | 400 | 3.7482 GBP | |||
10p ordinary | SWAP | Decreasing Long | 13,696 | 3.7538 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,480 | 3.7529 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,747 | 3.7619 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,782 | 3.7610 GBP | |||
10p ordinary | SWAP | Decreasing Short | 36,795 | 3.7572 GBP | |||
10p ordinary | SWAP | Decreasing Short | 52,871 | 3.7569 GBP | |||
10p ordinary | SWAP | Decreasing Short | 93,739 | 3.7553 GBP | |||
10p ordinary | SWAP | Decreasing Short | 103,107 | 3.7620 GBP | |||
10p ordinary | SWAP | Decreasing Short | 103,822 | 3.7620 GBP | |||
10p ordinary | SWAP | Increasing Long | 173 | 3.7630 GBP | |||
10p ordinary | SWAP | Increasing Long | 1,145 | 3.7604 GBP | |||
10p ordinary | SWAP | Increasing Long | 6,510 | 3.7658 GBP | |||
10p ordinary | SWAP | Increasing Long | 8,969 | 3.7617 GBP | |||
10p ordinary | SWAP | Increasing Short | 352 | 3.7400 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,747 | 3.7840 GBP | |||
10p ordinary | CFD | Increasing Short | 1,747 | 3.7619 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,211 | 3.7592 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,623 | 3.7555 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,106 | 3.7622 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,309 | 3.7692 GBP | |||
10p ordinary | SWAP | Increasing Short | 18,303 | 3.7570 GBP | |||
10p ordinary | SWAP | Increasing Short | 60,000 | 3.7612 GBP | |||
10p ordinary | SWAP | Increasing Short | 73,429 | 3.7685 GBP | |||
10p ordinary | SWAP | Increasing Short | 137,276 | 3.7584 GBP | |||
10p ordinary | SWAP | Increasing Short | 140,000 | 3.7612 GBP | |||
10p ordinary | CFD | Increasing Short | 158,626 | 3.7623 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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| relates |
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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: | 05 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)