1st Aug 2024 15:34
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: | 31 Jul 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: | 33,447,077 | 2.42% | 32,547,997 | 2.36% | |||
(2) Cash-settled derivatives: | 12,274,219 | 0.89% | 33,039,217 | 2.39% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 45,721,296 | 3.31% | 65,587,214 | 4.75% | |||
(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 | 169,805 | 4.5222 GBP | ||||
10p ordinary | Purchase | 165,000 | 4.5103 GBP | ||||
10p ordinary | Purchase | 137,308 | 4.5196 GBP | ||||
10p ordinary | Purchase | 129,240 | 4.5469 GBP | ||||
10p ordinary | Purchase | 125,439 | 4.5408 GBP | ||||
10p ordinary | Purchase | 64,997 | 4.5360 GBP | ||||
10p ordinary | Purchase | 57,065 | 4.5239 GBP | ||||
10p ordinary | Purchase | 56,202 | 4.5444 GBP | ||||
10p ordinary | Purchase | 40,034 | 4.5398 GBP | ||||
10p ordinary | Purchase | 21,828 | 4.5488 GBP | ||||
10p ordinary | Purchase | 12,423 | 4.5133 GBP | ||||
10p ordinary | Purchase | 12,308 | 4.5216 GBP | ||||
10p ordinary | Purchase | 6,728 | 4.5314 GBP | ||||
10p ordinary | Purchase | 4,549 | 4.5207 GBP | ||||
10p ordinary | Purchase | 4,347 | 4.5138 GBP | ||||
10p ordinary | Purchase | 4,269 | 4.5063 GBP | ||||
10p ordinary | Purchase | 3,990 | 4.5073 GBP | ||||
10p ordinary | Purchase | 3,918 | 4.5147 GBP | ||||
10p ordinary | Purchase | 3,870 | 4.5238 GBP | ||||
10p ordinary | Purchase | 3,800 | 4.5159 GBP | ||||
10p ordinary | Purchase | 3,419 | 4.5048 GBP | ||||
10p ordinary | Purchase | 3,357 | 4.5132 GBP | ||||
10p ordinary | Purchase | 3,054 | 4.5480 GBP | ||||
10p ordinary | Purchase | 2,682 | 4.5114 GBP | ||||
10p ordinary | Purchase | 2,571 | 4.5060 GBP | ||||
10p ordinary | Purchase | 2,275 | 4.5065 GBP | ||||
10p ordinary | Purchase | 2,181 | 4.5067 GBP | ||||
10p ordinary | Purchase | 2,075 | 4.5249 GBP | ||||
10p ordinary | Purchase | 1,725 | 4.5123 GBP | ||||
10p ordinary | Purchase | 1,711 | 4.5020 GBP | ||||
10p ordinary | Purchase | 1,359 | 4.5120 GBP | ||||
10p ordinary | Purchase | 1,289 | 4.5040 GBP | ||||
10p ordinary | Purchase | 1,179 | 4.5000 GBP | ||||
10p ordinary | Purchase | 1,056 | 4.5086 GBP | ||||
10p ordinary | Purchase | 986 | 4.5083 GBP | ||||
10p ordinary | Purchase | 927 | 4.4980 GBP | ||||
10p ordinary | Purchase | 891 | 4.5053 GBP | ||||
10p ordinary | Purchase | 777 | 4.5140 GBP | ||||
10p ordinary | Purchase | 671 | 4.5420 GBP | ||||
10p ordinary | Purchase | 638 | 4.4940 GBP | ||||
10p ordinary | Purchase | 621 | 4.5110 GBP | ||||
10p ordinary | Purchase | 604 | 4.5075 GBP | ||||
10p ordinary | Purchase | 604 | 4.5195 GBP | ||||
10p ordinary | Purchase | 531 | 4.5101 GBP | ||||
10p ordinary | Purchase | 397 | 4.5220 GBP | ||||
10p ordinary | Purchase | 164 | 4.5340 GBP | ||||
10p ordinary | Purchase | 164 | 4.5260 GBP | ||||
10p ordinary | Sale | 1,289,017 | 4.5480 GBP | ||||
10p ordinary | Sale | 115,917 | 4.5178 GBP | ||||
10p ordinary | Sale | 61,777 | 4.5198 GBP | ||||
10p ordinary | Sale | 60,437 | 4.5291 GBP | ||||
10p ordinary | Sale | 39,588 | 4.4987 GBP | ||||
10p ordinary | Sale | 39,306 | 4.5462 GBP | ||||
10p ordinary | Sale | 31,424 | 4.5238 GBP | ||||
10p ordinary | Sale | 23,119 | 4.5470 GBP | ||||
10p ordinary | Sale | 21,828 | 4.5488 GBP | ||||
10p ordinary | Sale | 19,238 | 4.5187 GBP | ||||
10p ordinary | Sale | 19,035 | 4.5125 GBP | ||||
10p ordinary | Sale | 17,029 | 4.5263 GBP | ||||
10p ordinary | Sale | 15,100 | 4.5196 GBP | ||||
10p ordinary | Sale | 11,343 | 4.5013 GBP | ||||
10p ordinary | Sale | 9,375 | 4.5456 GBP | ||||
10p ordinary | Sale | 6,837 | 4.5103 GBP | ||||
10p ordinary | Sale | 5,273 | 4.5272 GBP | ||||
10p ordinary | Sale | 4,742 | 4.5072 GBP | ||||
10p ordinary | Sale | 4,557 | 4.5057 GBP | ||||
10p ordinary | Sale | 4,251 | 4.5473 GBP | ||||
10p ordinary | Sale | 4,206 | 4.5174 GBP | ||||
10p ordinary | Sale | 4,198 | 4.5326 GBP | ||||
10p ordinary | Sale | 3,934 | 4.5351 GBP | ||||
10p ordinary | Sale | 3,752 | 4.5193 GBP | ||||
10p ordinary | Sale | 3,344 | 4.5432 GBP | ||||
10p ordinary | Sale | 3,170 | 4.5121 GBP | ||||
10p ordinary | Sale | 2,922 | 4.5071 GBP | ||||
10p ordinary | Sale | 2,847 | 4.5416 GBP | ||||
10p ordinary | Sale | 2,765 | 4.5100 GBP | ||||
10p ordinary | Sale | 2,706 | 4.5095 GBP | ||||
10p ordinary | Sale | 1,840 | 4.5420 GBP | ||||
10p ordinary | Sale | 1,725 | 4.5128 GBP | ||||
10p ordinary | Sale | 1,711 | 4.5020 GBP | ||||
10p ordinary | Sale | 1,589 | 4.5047 GBP | ||||
10p ordinary | Sale | 1,359 | 4.5120 GBP | ||||
10p ordinary | Sale | 1,331 | 4.5400 GBP | ||||
10p ordinary | Sale | 1,307 | 4.5060 GBP | ||||
10p ordinary | Sale | 1,196 | 4.5090 GBP | ||||
10p ordinary | Sale | 1,091 | 4.5040 GBP | ||||
10p ordinary | Sale | 1,050 | 4.5140 GBP | ||||
10p ordinary | Sale | 986 | 4.5087 GBP | ||||
10p ordinary | Sale | 944 | 4.5138 GBP | ||||
10p ordinary | Sale | 812 | 4.4919 GBP | ||||
10p ordinary | Sale | 775 | 4.5200 GBP | ||||
10p ordinary | Sale | 655 | 4.5000 GBP | ||||
10p ordinary | Sale | 638 | 4.4940 GBP | ||||
10p ordinary | Sale | 638 | 4.4980 GBP | ||||
10p ordinary | Sale | 604 | 4.5080 GBP | ||||
10p ordinary | Sale | 397 | 4.5220 GBP | ||||
10p ordinary | Sale | 176 | 4.5239 GBP | ||||
10p ordinary | Sale | 164 | 4.5260 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 | 3 | 4.5466 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,191 | 4.5470 GBP | |||
10p ordinary | CFD | Decreasing Short | 28 | 4.5478 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,136,024 | 4.5479 GBP | |||
10p ordinary | CFD | Decreasing Short | 38 | 4.5481 GBP | |||
10p ordinary | CFD | Decreasing Short | 21,828 | 4.5488 GBP | |||
10p ordinary | CFD | Decreasing Short | 2 | 4.5500 GBP | |||
10p ordinary | CFD | Increasing Short | 2,869 | 4.5114 GBP | |||
10p ordinary | CFD | Increasing Short | 50,000 | 4.5343 GBP | |||
10p ordinary | CFD | Increasing Short | 64,997 | 4.5359 GBP | |||
10p ordinary | CFD | Increasing Short | 3 | 4.5466 GBP | |||
10p ordinary | CFD | Increasing Short | 28 | 4.5478 GBP | |||
10p ordinary | CFD | Increasing Short | 1,407 | 4.5479 GBP | |||
10p ordinary | CFD | Increasing Short | 38 | 4.5481 GBP | |||
10p ordinary | CFD | Increasing Short | 2 | 4.5500 GBP | |||
10p ordinary | SWAP | Opening Short | 1,348 | 4.5482 GBP | |||
10p ordinary | SWAP | Decreasing Long | 300 | 4.4913 GBP | |||
10p ordinary | SWAP | Increasing Long | 23,119 | 4.5470 GBP | |||
10p ordinary | SWAP | Increasing Long | 4,251 | 4.5473 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,270 | 4.5138 GBP | |||
10p ordinary | SWAP | Increasing Short | 77 | 4.5138 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,557 | 4.5058 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,922 | 4.5071 GBP | |||
10p ordinary | SWAP | Decreasing Short | 171 | 4.5200 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,929 | 4.5480 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,275 | 4.5065 GBP | |||
10p ordinary | SWAP | Increasing Short | 137,308 | 4.5196 GBP | |||
10p ordinary | SWAP | Increasing Short | 671 | 4.5420 GBP | |||
10p ordinary | SWAP | Increasing Short | 52,164 | 4.5480 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,671 | 4.5488 GBP | |||
10p ordinary | SWAP | Increasing Short | 4 | 4.5920 GBP | |||
10p ordinary | SWAP | Increasing Long | 812 | 4.4919 GBP | |||
10p ordinary | SWAP | Decreasing Long | 289 | 4.4980 GBP | |||
10p ordinary | SWAP | Decreasing Long | 12,423 | 4.5133 GBP | |||
10p ordinary | SWAP | Decreasing Short | 176 | 4.5240 GBP | |||
10p ordinary | SWAP | Increasing Short | 57,065 | 4.5239 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,651 | 4.5480 GBP | |||
10p ordinary | SWAP | Increasing Short | 7 | 4.5920 GBP | |||
10p ordinary | SWAP | Increasing Short | 32,693 | 4.5480 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: | 01 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)