24th Jun 2024 14:18
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: | 21 Jun 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: | 24,060,686 | 1.74% | 32,545,428 | 2.36% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 8,981,419 | 0.65% | 23,142,138 | 1.68% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 33,042,105 | 2.40% | 55,687,566 | 4.04% | |||
(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 | 2,545,761 | 3.6140 GBP | ||||
10p ordinary | Purchase | 503,836 | 3.6136 GBP | ||||
10p ordinary | Purchase | 222,676 | 3.6131 GBP | ||||
10p ordinary | Purchase | 183,372 | 3.6004 GBP | ||||
10p ordinary | Purchase | 72,963 | 3.6039 GBP | ||||
10p ordinary | Purchase | 58,710 | 3.6137 GBP | ||||
10p ordinary | Purchase | 43,722 | 3.6000 GBP | ||||
10p ordinary | Purchase | 22,266 | 3.6027 GBP | ||||
10p ordinary | Purchase | 20,238 | 3.5953 GBP | ||||
10p ordinary | Purchase | 11,560 | 3.6117 GBP | ||||
10p ordinary | Purchase | 8,550 | 3.6101 GBP | ||||
10p ordinary | Purchase | 6,540 | 3.6060 GBP | ||||
10p ordinary | Purchase | 5,605 | 3.6075 GBP | ||||
10p ordinary | Purchase | 4,682 | 3.6046 GBP | ||||
10p ordinary | Purchase | 4,362 | 3.5946 GBP | ||||
10p ordinary | Purchase | 4,117 | 3.5931 GBP | ||||
10p ordinary | Purchase | 4,047 | 3.6092 GBP | ||||
10p ordinary | Purchase | 3,719 | 3.5973 GBP | ||||
10p ordinary | Purchase | 2,351 | 3.5967 GBP | ||||
10p ordinary | Purchase | 2,235 | 3.6051 GBP | ||||
10p ordinary | Purchase | 1,672 | 3.6030 GBP | ||||
10p ordinary | Purchase | 1,295 | 3.5984 GBP | ||||
10p ordinary | Purchase | 1,103 | 3.5940 GBP | ||||
10p ordinary | Purchase | 1,091 | 3.6080 GBP | ||||
10p ordinary | Purchase | 914 | 3.5880 GBP | ||||
10p ordinary | Purchase | 761 | 3.6087 GBP | ||||
10p ordinary | Sale | 7,358,152 | 3.6132 GBP | ||||
10p ordinary | Sale | 3,011,308 | 3.6140 GBP | ||||
10p ordinary | Sale | 282,478 | 3.6133 GBP | ||||
10p ordinary | Sale | 243,304 | 3.6116 GBP | ||||
10p ordinary | Sale | 175,650 | 3.6004 GBP | ||||
10p ordinary | Sale | 150,273 | 3.5967 GBP | ||||
10p ordinary | Sale | 124,072 | 3.5920 GBP | ||||
10p ordinary | Sale | 114,214 | 3.6031 GBP | ||||
10p ordinary | Sale | 60,770 | 3.6003 GBP | ||||
10p ordinary | Sale | 46,134 | 3.6134 GBP | ||||
10p ordinary | Sale | 42,045 | 3.6000 GBP | ||||
10p ordinary | Sale | 35,839 | 3.6050 GBP | ||||
10p ordinary | Sale | 30,108 | 3.6044 GBP | ||||
10p ordinary | Sale | 25,805 | 3.5988 GBP | ||||
10p ordinary | Sale | 15,312 | 3.5929 GBP | ||||
10p ordinary | Sale | 6,540 | 3.6060 GBP | ||||
10p ordinary | Sale | 6,440 | 3.6138 GBP | ||||
10p ordinary | Sale | 6,344 | 3.6005 GBP | ||||
10p ordinary | Sale | 5,605 | 3.6078 GBP | ||||
10p ordinary | Sale | 3,299 | 3.5918 GBP | ||||
10p ordinary | Sale | 2,816 | 3.5961 GBP | ||||
10p ordinary | Sale | 1,897 | 3.6008 GBP | ||||
10p ordinary | Sale | 1,295 | 3.5987 GBP | ||||
10p ordinary | Sale | 1,091 | 3.6083 GBP | ||||
10p ordinary | Sale | 914 | 3.5880 GBP | ||||
10p ordinary | Sale | 903 | 3.6010 GBP | ||||
10p ordinary | Sale | 2,400 | 3.6119 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 | Closing Short | 450 | 3.6140 GBP | |||
10p ordinary | CFD | Closing Short | 1,744 | 3.6059 GBP | |||
10p ordinary | CFD | Closing Short | 42,045 | 3.6000 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,047 | 3.6092 GBP | |||
10p ordinary | SWAP | Decreasing Long | 25,000 | 3.5952 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,897 | 3.6008 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,299 | 3.5918 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,440 | 3.6138 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,312 | 3.5929 GBP | |||
10p ordinary | SWAP | Decreasing Short | 25,805 | 3.5988 GBP | |||
10p ordinary | SWAP | Decreasing Short | 100,070 | 3.6007 GBP | |||
10p ordinary | SWAP | Decreasing Short | 150,273 | 3.5967 GBP | |||
10p ordinary | SWAP | Decreasing Short | 152,140 | 3.6015 GBP | |||
10p ordinary | SWAP | Decreasing Short | 282,478 | 3.6132 GBP | |||
10p ordinary | SWAP | Decreasing Short | 871,306 | 3.6100 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,677,355 | 3.6140 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,162,330 | 3.6135 GBP | |||
10p ordinary | SWAP | Decreasing Short | 135,866 | 3.6121 GBP | |||
10p ordinary | SWAP | Increasing Long | 15,396 | 3.6134 GBP | |||
10p ordinary | SWAP | Increasing Long | 17,273 | 3.6132 GBP | |||
10p ordinary | SWAP | Increasing Long | 21,161 | 3.6137 GBP | |||
10p ordinary | SWAP | Increasing Long | 35,839 | 3.6050 GBP | |||
10p ordinary | SWAP | Increasing Long | 114,214 | 3.6031 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,351 | 3.5967 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,528 | 3.6004 GBP | |||
10p ordinary | SWAP | Increasing Short | 72,963 | 3.6040 GBP | |||
10p ordinary | SWAP | Increasing Short | 96,643 | 3.6034 GBP | |||
10p ordinary | CFD | Opening Long | 450 | 3.6140 GBP | |||
10p ordinary | CFD | Opening Long | 1,744 | 3.6059 GBP | |||
10p ordinary | CFD | Opening Long | 2,175,016 | 3.6139 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: | 24 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)