18th Jul 2024 15:15
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: | 17 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 CO | |||||
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: | 38,014,715 | 2.76% | 25,416,502 | 1.84% | |||
(2) Cash-settled derivatives: | 7,721,797 | 0.56% | 37,354,538 | 2.71% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 45,736,512 | 3.32% | 62,771,040 | 4.55% | |||
(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 | 232,769 | 4.4123 GBP | ||||
10p ordinary | Purchase | 193,046 | 4.4200 GBP | ||||
10p ordinary | Purchase | 146,860 | 4.4166 GBP | ||||
10p ordinary | Purchase | 138,200 | 4.3936 GBP | ||||
10p ordinary | Purchase | 104,392 | 4.3760 GBP | ||||
10p ordinary | Purchase | 81,138 | 4.3752 GBP | ||||
10p ordinary | Purchase | 63,530 | 4.3787 GBP | ||||
10p ordinary | Purchase | 52,231 | 4.3757 GBP | ||||
10p ordinary | Purchase | 49,497 | 4.3780 GBP | ||||
10p ordinary | Purchase | 41,373 | 4.3720 GBP | ||||
10p ordinary | Purchase | 27,778 | 4.3800 GBP | ||||
10p ordinary | Purchase | 25,898 | 4.3786 GBP | ||||
10p ordinary | Purchase | 25,119 | 4.3759 GBP | ||||
10p ordinary | Purchase | 23,021 | 4.4076 GBP | ||||
10p ordinary | Purchase | 21,785 | 4.4118 GBP | ||||
10p ordinary | Purchase | 17,491 | 4.3756 GBP | ||||
10p ordinary | Purchase | 16,919 | 4.3733 GBP | ||||
10p ordinary | Purchase | 12,935 | 4.3772 GBP | ||||
10p ordinary | Purchase | 9,693 | 4.3771 GBP | ||||
10p ordinary | Purchase | 9,145 | 4.3806 GBP | ||||
10p ordinary | Purchase | 7,823 | 4.3817 GBP | ||||
10p ordinary | Purchase | 7,327 | 4.3791 GBP | ||||
10p ordinary | Purchase | 5,989 | 4.3982 GBP | ||||
10p ordinary | Purchase | 4,346 | 4.3855 GBP | ||||
10p ordinary | Purchase | 4,339 | 4.3788 GBP | ||||
10p ordinary | Purchase | 4,055 | 4.4144 GBP | ||||
10p ordinary | Purchase | 3,346 | 4.3821 GBP | ||||
10p ordinary | Purchase | 3,329 | 4.3819 GBP | ||||
10p ordinary | Purchase | 2,877 | 4.3761 GBP | ||||
10p ordinary | Purchase | 2,765 | 4.3598 GBP | ||||
10p ordinary | Purchase | 2,184 | 4.3600 GBP | ||||
10p ordinary | Purchase | 2,015 | 4.3792 GBP | ||||
10p ordinary | Purchase | 2,007 | 4.3960 GBP | ||||
10p ordinary | Purchase | 1,895 | 4.3724 GBP | ||||
10p ordinary | Purchase | 1,871 | 4.3965 GBP | ||||
10p ordinary | Purchase | 1,775 | 4.3981 GBP | ||||
10p ordinary | Purchase | 1,750 | 4.3740 GBP | ||||
10p ordinary | Purchase | 1,702 | 4.3715 GBP | ||||
10p ordinary | Purchase | 1,695 | 4.3987 GBP | ||||
10p ordinary | Purchase | 1,448 | 4.4052 GBP | ||||
10p ordinary | Purchase | 1,206 | 4.3640 GBP | ||||
10p ordinary | Purchase | 1,092 | 4.3610 GBP | ||||
10p ordinary | Purchase | 1,009 | 4.3813 GBP | ||||
10p ordinary | Purchase | 839 | 4.4286 GBP | ||||
10p ordinary | Purchase | 767 | 4.4087 GBP | ||||
10p ordinary | Purchase | 300 | 4.3820 GBP | ||||
10p ordinary | Purchase | 1 | 4.4000 GBP | ||||
10p ordinary | Sale | 314,800 | 4.4159 GBP | ||||
10p ordinary | Sale | 201,828 | 4.4123 GBP | ||||
10p ordinary | Sale | 183,362 | 4.3726 GBP | ||||
10p ordinary | Sale | 136,483 | 4.4116 GBP | ||||
10p ordinary | Sale | 133,810 | 4.4200 GBP | ||||
10p ordinary | Sale | 125,975 | 4.4202 GBP | ||||
10p ordinary | Sale | 114,155 | 4.4081 GBP | ||||
10p ordinary | Sale | 75,203 | 4.3791 GBP | ||||
10p ordinary | Sale | 60,241 | 4.4042 GBP | ||||
10p ordinary | Sale | 57,404 | 4.4094 GBP | ||||
10p ordinary | Sale | 50,287 | 4.3969 GBP | ||||
10p ordinary | Sale | 44,139 | 4.3949 GBP | ||||
10p ordinary | Sale | 31,599 | 4.3854 GBP | ||||
10p ordinary | Sale | 24,802 | 4.3160 GBP | ||||
10p ordinary | Sale | 23,818 | 4.3934 GBP | ||||
10p ordinary | Sale | 22,538 | 4.3975 GBP | ||||
10p ordinary | Sale | 17,210 | 4.3904 GBP | ||||
10p ordinary | Sale | 17,174 | 4.3939 GBP | ||||
10p ordinary | Sale | 15,403 | 4.4014 GBP | ||||
10p ordinary | Sale | 13,836 | 4.3960 GBP | ||||
10p ordinary | Sale | 12,935 | 4.3772 GBP | ||||
10p ordinary | Sale | 10,046 | 4.3770 GBP | ||||
10p ordinary | Sale | 9,145 | 4.3806 GBP | ||||
10p ordinary | Sale | 7,936 | 4.3762 GBP | ||||
10p ordinary | Sale | 7,927 | 4.3828 GBP | ||||
10p ordinary | Sale | 7,823 | 4.3817 GBP | ||||
10p ordinary | Sale | 7,195 | 4.3851 GBP | ||||
10p ordinary | Sale | 6,118 | 4.4193 GBP | ||||
10p ordinary | Sale | 4,576 | 4.3664 GBP | ||||
10p ordinary | Sale | 4,339 | 4.3788 GBP | ||||
10p ordinary | Sale | 3,870 | 4.3619 GBP | ||||
10p ordinary | Sale | 3,329 | 4.3819 GBP | ||||
10p ordinary | Sale | 2,772 | 4.3907 GBP | ||||
10p ordinary | Sale | 2,707 | 4.3964 GBP | ||||
10p ordinary | Sale | 2,123 | 4.3734 GBP | ||||
10p ordinary | Sale | 1,857 | 4.3754 GBP | ||||
10p ordinary | Sale | 1,420 | 4.3900 GBP | ||||
10p ordinary | Sale | 1,016 | 4.3875 GBP | ||||
10p ordinary | Sale | 847 | 4.4259 GBP | ||||
10p ordinary | Sale | 650 | 4.3800 GBP | ||||
10p ordinary | Sale | 4 | 4.3740 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 | 2,541 | 4.3737 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,650 | 4.3819 GBP | |||
10p ordinary | CFD | Decreasing Short | 644 | 4.3820 GBP | |||
10p ordinary | CFD | Decreasing Short | 15,279 | 4.4200 GBP | |||
10p ordinary | CFD | Increasing Short | 2,650 | 4.3819 GBP | |||
10p ordinary | CFD | Increasing Short | 644 | 4.3820 GBP | |||
10p ordinary | CFD | Increasing Short | 138,004 | 4.4200 GBP | |||
10p ordinary | SWAP | Decreasing Long | 442 | 4.4073 GBP | |||
10p ordinary | SWAP | Increasing Long | 6,118 | 4.4193 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,576 | 4.3664 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,123 | 4.3734 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,857 | 4.3754 GBP | |||
10p ordinary | SWAP | Decreasing Short | 48,173 | 4.3979 GBP | |||
10p ordinary | SWAP | Decreasing Short | 201,828 | 4.4124 GBP | |||
10p ordinary | SWAP | Decreasing Short | 48,204 | 4.4166 GBP | |||
10p ordinary | SWAP | Decreasing Short | 113,126 | 4.4200 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,895 | 4.3724 GBP | |||
10p ordinary | SWAP | Increasing Short | 25,119 | 4.3759 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,877 | 4.3761 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,009 | 4.3813 GBP | |||
10p ordinary | SWAP | Increasing Short | 585 | 4.3940 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,188 | 4.4183 GBP | |||
10p ordinary | SWAP | Increasing Long | 57,404 | 4.4094 GBP | |||
10p ordinary | SWAP | Decreasing Long | 895 | 4.3820 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,451 | 4.3822 GBP | |||
10p ordinary | SWAP | Decreasing Long | 839 | 4.4286 GBP | |||
10p ordinary | SWAP | Decreasing Long | 100,000 | 4.3765 GBP | |||
10p ordinary | SWAP | Decreasing Long | 100,000 | 4.3789 GBP | |||
10p ordinary | SWAP | Decreasing Short | 24,802 | 4.3161 GBP | |||
10p ordinary | SWAP | Decreasing Short | 32,963 | 4.3983 GBP | |||
10p ordinary | SWAP | Decreasing Short | 60,241 | 4.4042 GBP | |||
10p ordinary | SWAP | Decreasing Short | 81,654 | 4.4200 GBP | |||
10p ordinary | SWAP | Decreasing Short | 746 | 4.1191 GBP | |||
10p ordinary | SWAP | Decreasing Long | 39,774 | 4.1191 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: | 18 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)