26th Sep 2024 15:26
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 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: |
| |||||
(e) | Date position held/dealing undertaken: | 25 Sep 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: | 33,071,930 | 2.40% | 26,581,309 | 1.93% | |||
(2) Cash-settled derivatives: | 11,130,680 | 0.81% | 31,634,971 | 2.29% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 44,202,610 | 3.20% | 58,216,280 | 4.22% | |||
(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 | 200,635 | 4.5699 GBP | ||||
10p ordinary | Purchase | 138,253 | 4.5697 GBP | ||||
10p ordinary | Purchase | 127,115 | 4.5550 GBP | ||||
10p ordinary | Purchase | 89,483 | 4.5700 GBP | ||||
10p ordinary | Purchase | 58,112 | 4.5523 GBP | ||||
10p ordinary | Purchase | 56,992 | 4.5563 GBP | ||||
10p ordinary | Purchase | 41,643 | 4.5555 GBP | ||||
10p ordinary | Purchase | 41,107 | 4.5502 GBP | ||||
10p ordinary | Purchase | 26,085 | 4.5493 GBP | ||||
10p ordinary | Purchase | 8,465 | 4.5484 GBP | ||||
10p ordinary | Purchase | 7,462 | 4.5514 GBP | ||||
10p ordinary | Purchase | 6,349 | 4.5414 GBP | ||||
10p ordinary | Purchase | 5,741 | 4.5420 GBP | ||||
10p ordinary | Purchase | 5,674 | 4.5485 GBP | ||||
10p ordinary | Purchase | 5,055 | 4.5540 GBP | ||||
10p ordinary | Purchase | 4,996 | 4.5560 GBP | ||||
10p ordinary | Purchase | 4,052 | 4.5598 GBP | ||||
10p ordinary | Purchase | 3,621 | 4.5480 GBP | ||||
10p ordinary | Purchase | 3,598 | 4.5546 GBP | ||||
10p ordinary | Purchase | 3,409 | 4.5524 GBP | ||||
10p ordinary | Purchase | 3,228 | 4.5380 GBP | ||||
10p ordinary | Purchase | 3,162 | 4.5520 GBP | ||||
10p ordinary | Purchase | 2,886 | 4.5580 GBP | ||||
10p ordinary | Purchase | 2,452 | 4.5619 GBP | ||||
10p ordinary | Purchase | 1,974 | 4.5553 GBP | ||||
10p ordinary | Purchase | 1,890 | 4.5646 GBP | ||||
10p ordinary | Purchase | 1,880 | 4.5400 GBP | ||||
10p ordinary | Purchase | 1,791 | 4.5574 GBP | ||||
10p ordinary | Purchase | 1,663 | 4.5552 GBP | ||||
10p ordinary | Purchase | 1,649 | 4.5633 GBP | ||||
10p ordinary | Purchase | 1,532 | 4.5539 GBP | ||||
10p ordinary | Purchase | 1,424 | 4.5440 GBP | ||||
10p ordinary | Purchase | 1,317 | 4.5460 GBP | ||||
10p ordinary | Purchase | 1,309 | 4.5599 GBP | ||||
10p ordinary | Purchase | 1,253 | 4.5640 GBP | ||||
10p ordinary | Purchase | 1,226 | 4.5569 GBP | ||||
10p ordinary | Purchase | 1,070 | 4.5500 GBP | ||||
10p ordinary | Purchase | 1,047 | 4.5280 GBP | ||||
10p ordinary | Purchase | 972 | 4.5620 GBP | ||||
10p ordinary | Purchase | 972 | 4.5609 GBP | ||||
10p ordinary | Purchase | 808 | 4.5542 GBP | ||||
10p ordinary | Purchase | 794 | 4.5709 GBP | ||||
10p ordinary | Purchase | 747 | 4.5600 GBP | ||||
10p ordinary | Purchase | 642 | 4.5660 GBP | ||||
10p ordinary | Purchase | 322 | 4.5591 GBP | ||||
10p ordinary | Purchase | 72 | 4.5395 GBP | ||||
10p ordinary | Purchase | 27 | 4.5630 GBP | ||||
10p ordinary | Sale | 483,087 | 4.5699 GBP | ||||
10p ordinary | Sale | 269,209 | 4.5700 GBP | ||||
10p ordinary | Sale | 88,633 | 4.5516 GBP | ||||
10p ordinary | Sale | 58,436 | 4.5520 GBP | ||||
10p ordinary | Sale | 55,793 | 4.5779 GBP | ||||
10p ordinary | Sale | 35,482 | 4.5511 GBP | ||||
10p ordinary | Sale | 26,085 | 4.5498 GBP | ||||
10p ordinary | Sale | 25,556 | 4.5476 GBP | ||||
10p ordinary | Sale | 20,408 | 4.5540 GBP | ||||
10p ordinary | Sale | 20,399 | 4.5588 GBP | ||||
10p ordinary | Sale | 19,970 | 4.5477 GBP | ||||
10p ordinary | Sale | 13,657 | 4.5615 GBP | ||||
10p ordinary | Sale | 12,402 | 4.5542 GBP | ||||
10p ordinary | Sale | 8,465 | 4.5489 GBP | ||||
10p ordinary | Sale | 6,708 | 4.5500 GBP | ||||
10p ordinary | Sale | 6,096 | 4.5546 GBP | ||||
10p ordinary | Sale | 5,741 | 4.5420 GBP | ||||
10p ordinary | Sale | 5,674 | 4.5490 GBP | ||||
10p ordinary | Sale | 5,445 | 4.5580 GBP | ||||
10p ordinary | Sale | 4,458 | 4.5624 GBP | ||||
10p ordinary | Sale | 4,351 | 4.5480 GBP | ||||
10p ordinary | Sale | 4,347 | 4.5523 GBP | ||||
10p ordinary | Sale | 3,937 | 4.5559 GBP | ||||
10p ordinary | Sale | 3,918 | 4.5661 GBP | ||||
10p ordinary | Sale | 3,852 | 4.5440 GBP | ||||
10p ordinary | Sale | 3,785 | 4.5594 GBP | ||||
10p ordinary | Sale | 3,628 | 4.5549 GBP | ||||
10p ordinary | Sale | 3,461 | 4.5621 GBP | ||||
10p ordinary | Sale | 3,447 | 4.5410 GBP | ||||
10p ordinary | Sale | 3,228 | 4.5380 GBP | ||||
10p ordinary | Sale | 1,952 | 4.5400 GBP | ||||
10p ordinary | Sale | 1,891 | 4.5646 GBP | ||||
10p ordinary | Sale | 1,537 | 4.5533 GBP | ||||
10p ordinary | Sale | 1,532 | 4.5543 GBP | ||||
10p ordinary | Sale | 1,370 | 4.5460 GBP | ||||
10p ordinary | Sale | 1,166 | 4.5502 GBP | ||||
10p ordinary | Sale | 1,047 | 4.5280 GBP | ||||
10p ordinary | Sale | 958 | 4.5507 GBP | ||||
10p ordinary | Sale | 854 | 4.5635 GBP | ||||
10p ordinary | Sale | 808 | 4.5547 GBP | ||||
10p ordinary | Sale | 747 | 4.5600 GBP | ||||
10p ordinary | Sale | 574 | 4.5651 GBP | ||||
10p ordinary | Sale | 510 | 4.5620 GBP | ||||
10p ordinary | Sale | 322 | 4.5596 GBP | ||||
10p ordinary | Sale | 316 | 4.5644 GBP | ||||
10p ordinary | Sale | 83 | 4.5452 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
10p ordinary | SWAP | Decreasing Short | 14,483 | 4.5477 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,166 | 4.5502 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,088 | 4.5520 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,004 | 4.5580 GBP | |||
10p ordinary | SWAP | Decreasing Short | 195,279 | 4.5583 GBP | |||
10p ordinary | SWAP | Decreasing Short | 157,640 | 4.5606 GBP | |||
10p ordinary | SWAP | Decreasing Short | 510 | 4.5620 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,891 | 4.5646 GBP | |||
10p ordinary | SWAP | Decreasing Short | 574 | 4.5651 GBP | |||
10p ordinary | SWAP | Decreasing Short | 137,071 | 4.5693 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,349 | 4.5413 GBP | |||
10p ordinary | SWAP | Increasing Short | 27,439 | 4.5543 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,598 | 4.5546 GBP | |||
10p ordinary | SWAP | Increasing Short | 127,115 | 4.5550 GBP | |||
10p ordinary | SWAP | Increasing Short | 16,782 | 4.5552 GBP | |||
10p ordinary | SWAP | Increasing Short | 56,992 | 4.5563 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,791 | 4.5574 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,850 | 4.5699 GBP | |||
10p ordinary | SWAP | Increasing Short | 18,303 | 4.5700 GBP | |||
10p ordinary | SWAP | Increasing Short | 794 | 4.5709 GBP | |||
10p ordinary | SWAP | Increasing Short | 17,086 | 4.5710 GBP | |||
10p ordinary | CFD | Decreasing Short | 83 | 4.5453 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,529 | 4.5577 GBP | |||
10p ordinary | CFD | Decreasing Short | 138,570 | 4.5700 GBP | |||
10p ordinary | CFD | Increasing Short | 1,047 | 4.5280 GBP | |||
10p ordinary | CFD | Increasing Short | 75,990 | 4.5700 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 |
| |||||
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 |
| |||||
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 26 Sep 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)