31st May 2024 13:58
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: | 30 May 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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| 31,299,709 | 2.27% | 19,039,488 | 1.38% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 7,870,977 | 0.57% | 30,062,631 | 2.18% |
(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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| 39,170,686 | 2.84% | 49,102,119 | 3.56% |
(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 | 770,315 | 3.6956 GBP | ||||
10p ordinary | Purchase | 724,791 | 3.7434 GBP | ||||
10p ordinary | Purchase | 319,773 | 3.7456 GBP | ||||
10p ordinary | Purchase | 301,336 | 3.7454 GBP | ||||
10p ordinary | Purchase | 100,000 | 3.7009 GBP | ||||
10p ordinary | Purchase | 66,961 | 3.7059 GBP | ||||
10p ordinary | Purchase | 37,464 | 3.7130 GBP | ||||
10p ordinary | Purchase | 34,696 | 3.7069 GBP | ||||
10p ordinary | Purchase | 28,910 | 3.7460 GBP | ||||
10p ordinary | Purchase | 19,603 | 3.7168 GBP | ||||
10p ordinary | Purchase | 15,628 | 3.7100 GBP | ||||
10p ordinary | Purchase | 14,538 | 3.7081 GBP | ||||
10p ordinary | Purchase | 12,600 | 3.7110 GBP | ||||
10p ordinary | Purchase | 4,711 | 3.6966 GBP | ||||
10p ordinary | Purchase | 4,473 | 3.7104 GBP | ||||
10p ordinary | Purchase | 4,409 | 3.7458 GBP | ||||
10p ordinary | Purchase | 3,801 | 3.7066 GBP | ||||
10p ordinary | Purchase | 3,666 | 3.6964 GBP | ||||
10p ordinary | Purchase | 3,519 | 3.7053 GBP | ||||
10p ordinary | Purchase | 3,411 | 3.7090 GBP | ||||
10p ordinary | Purchase | 3,321 | 3.7120 GBP | ||||
10p ordinary | Purchase | 2,521 | 3.7083 GBP | ||||
10p ordinary | Purchase | 2,232 | 3.6960 GBP | ||||
10p ordinary | Purchase | 2,114 | 3.6649 GBP | ||||
10p ordinary | Purchase | 2,106 | 3.7000 GBP | ||||
10p ordinary | Purchase | 2,091 | 3.6916 GBP | ||||
10p ordinary | Purchase | 2,055 | 3.7124 GBP | ||||
10p ordinary | Purchase | 2,005 | 3.6650 GBP | ||||
10p ordinary | Purchase | 1,917 | 3.7080 GBP | ||||
10p ordinary | Purchase | 1,723 | 3.7140 GBP | ||||
10p ordinary | Purchase | 1,416 | 3.7075 GBP | ||||
10p ordinary | Purchase | 1,387 | 3.7071 GBP | ||||
10p ordinary | Purchase | 987 | 3.7076 GBP | ||||
10p ordinary | Purchase | 804 | 3.6820 GBP | ||||
10p ordinary | Purchase | 619 | 3.7132 GBP | ||||
10p ordinary | Purchase | 428 | 3.7200 GBP | ||||
10p ordinary | Purchase | 388 | 3.7040 GBP | ||||
10p ordinary | Purchase | 81 | 3.7060 GBP | ||||
10p ordinary | Purchase | 80 | 3.7438 GBP | ||||
10p ordinary | Sale | 452,404 | 3.7437 GBP | ||||
10p ordinary | Sale | 446,691 | 3.7460 GBP | ||||
10p ordinary | Sale | 343,755 | 3.7450 GBP | ||||
10p ordinary | Sale | 301,336 | 3.7454 GBP | ||||
10p ordinary | Sale | 270,777 | 3.6954 GBP | ||||
10p ordinary | Sale | 197,542 | 3.6920 GBP | ||||
10p ordinary | Sale | 109,673 | 3.6969 GBP | ||||
10p ordinary | Sale | 97,020 | 3.7005 GBP | ||||
10p ordinary | Sale | 78,000 | 3.7094 GBP | ||||
10p ordinary | Sale | 60,000 | 3.7112 GBP | ||||
10p ordinary | Sale | 51,682 | 3.6960 GBP | ||||
10p ordinary | Sale | 45,557 | 3.7068 GBP | ||||
10p ordinary | Sale | 22,523 | 3.6982 GBP | ||||
10p ordinary | Sale | 21,666 | 3.6963 GBP | ||||
10p ordinary | Sale | 10,822 | 3.6912 GBP | ||||
10p ordinary | Sale | 7,794 | 3.7003 GBP | ||||
10p ordinary | Sale | 6,808 | 3.7079 GBP | ||||
10p ordinary | Sale | 5,866 | 3.7000 GBP | ||||
10p ordinary | Sale | 5,849 | 3.7051 GBP | ||||
10p ordinary | Sale | 5,738 | 3.6880 GBP | ||||
10p ordinary | Sale | 5,373 | 3.7004 GBP | ||||
10p ordinary | Sale | 4,609 | 3.6999 GBP | ||||
10p ordinary | Sale | 3,844 | 3.7015 GBP | ||||
10p ordinary | Sale | 3,798 | 3.7033 GBP | ||||
10p ordinary | Sale | 3,544 | 3.7012 GBP | ||||
10p ordinary | Sale | 2,949 | 3.6907 GBP | ||||
10p ordinary | Sale | 2,882 | 3.7245 GBP | ||||
10p ordinary | Sale | 2,704 | 3.6974 GBP | ||||
10p ordinary | Sale | 2,552 | 3.7030 GBP | ||||
10p ordinary | Sale | 2,513 | 3.7024 GBP | ||||
10p ordinary | Sale | 2,055 | 3.7124 GBP | ||||
10p ordinary | Sale | 1,681 | 3.7080 GBP | ||||
10p ordinary | Sale | 1,163 | 3.6932 GBP | ||||
10p ordinary | Sale | 1,143 | 3.6995 GBP | ||||
10p ordinary | Sale | 845 | 3.7020 GBP | ||||
10p ordinary | Sale | 804 | 3.6820 GBP | ||||
10p ordinary | Sale | 600 | 3.7240 GBP | ||||
10p ordinary | Sale | 484 | 3.6900 GBP | ||||
10p ordinary | Sale | 447 | 3.7103 GBP | ||||
10p ordinary | Sale | 428 | 3.7203 GBP | ||||
10p ordinary | Sale | 403 | 3.7143 GBP | ||||
10p ordinary | Sale | 388 | 3.7040 GBP | ||||
10p ordinary | Sale | 81 | 3.7060 GBP | ||||
10p ordinary | Sale | 72 | 3.6996 GBP | ||||
10p ordinary | Sale | 1,266 | 3.7438 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 | Closing Long | 473 | 3.7132 GBP | |||
10p ordinary | SWAP | Closing Long | 1,039 | 3.7104 GBP | |||
10p ordinary | SWAP | Closing Long | 1,122 | 3.7000 GBP | |||
10p ordinary | SWAP | Closing Long | 1,416 | 3.7075 GBP | |||
10p ordinary | SWAP | Closing Long | 2,521 | 3.7083 GBP | |||
10p ordinary | SWAP | Closing Long | 3,666 | 3.6964 GBP | |||
10p ordinary | SWAP | Closing Long | 6,151 | 3.7460 GBP | |||
10p ordinary | SWAP | Closing Long | 12,462 | 3.7081 GBP | |||
10p ordinary | SWAP | Closing Long | 29,756 | 3.7069 GBP | |||
10p ordinary | SWAP | Decreasing Long | 146 | 3.7132 GBP | |||
10p ordinary | SWAP | Decreasing Long | 304 | 3.6960 GBP | |||
10p ordinary | SWAP | Decreasing Long | 322 | 3.7104 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,076 | 3.7081 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,158 | 3.7460 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,940 | 3.7070 GBP | |||
10p ordinary | SWAP | Decreasing Long | 66,961 | 3.7059 GBP | |||
10p ordinary | CFD | Decreasing Short | 52 | 3.7461 GBP | |||
10p ordinary | CFD | Decreasing Short | 63 | 3.7460 GBP | |||
10p ordinary | SWAP | Decreasing Short | 600 | 3.7240 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,163 | 3.6932 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,704 | 3.6974 GBP | |||
10p ordinary | CFD | Decreasing Short | 4,823 | 3.7186 GBP | |||
10p ordinary | CFD | Decreasing Short | 5,040 | 3.7459 GBP | |||
10p ordinary | SWAP | Decreasing Short | 39,670 | 3.7453 GBP | |||
10p ordinary | SWAP | Decreasing Short | 45,557 | 3.7068 GBP | |||
10p ordinary | SWAP | Decreasing Short | 78,000 | 3.7094 GBP | |||
10p ordinary | CFD | Decreasing Short | 88,731 | 3.7456 GBP | |||
10p ordinary | SWAP | Decreasing Short | 134,315 | 3.7460 GBP | |||
10p ordinary | SWAP | Decreasing Short | 163,014 | 3.7458 GBP | |||
10p ordinary | SWAP | Increasing Long | 1,681 | 3.7080 GBP | |||
10p ordinary | CFD | Increasing Short | 52 | 3.7461 GBP | |||
10p ordinary | CFD | Increasing Short | 63 | 3.7460 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,182 | 3.6960 GBP | |||
10p ordinary | CFD | Increasing Short | 1,387 | 3.7071 GBP | |||
10p ordinary | CFD | Increasing Short | 2,055 | 3.7124 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,316 | 3.7193 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,242 | 3.7247 GBP | |||
10p ordinary | CFD | Increasing Short | 5,040 | 3.7459 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,603 | 3.7168 GBP | |||
10p ordinary | SWAP | Increasing Short | 109,115 | 3.7422 GBP | |||
10p ordinary | CFD | Increasing Short | 301,336 | 3.7454 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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(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: | 31 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)