19th Dec 2024 13:11
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: | 18 Dec 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: | 32,432,874 | 2.35% | 16,440,075 | 1.19% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 12,616,574 | 0.91% | 31,222,919 | 2.26% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 45,049,448 | 3.26% | 47,662,994 | 3.45% | |||
(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 | 299,118 | 5.4400 GBP | ||||
10p ordinary | Purchase | 182,800 | 5.4427 GBP | ||||
10p ordinary | Purchase | 114,429 | 5.4386 GBP | ||||
10p ordinary | Purchase | 55,897 | 5.4350 GBP | ||||
10p ordinary | Purchase | 25,971 | 5.4462 GBP | ||||
10p ordinary | Purchase | 20,250 | 5.3983 GBP | ||||
10p ordinary | Purchase | 15,681 | 5.4570 GBP | ||||
10p ordinary | Purchase | 13,427 | 5.4316 GBP | ||||
10p ordinary | Purchase | 9,468 | 5.4453 GBP | ||||
10p ordinary | Purchase | 7,582 | 5.4371 GBP | ||||
10p ordinary | Purchase | 6,421 | 5.4399 GBP | ||||
10p ordinary | Purchase | 6,036 | 5.4507 GBP | ||||
10p ordinary | Purchase | 4,340 | 5.4433 GBP | ||||
10p ordinary | Purchase | 3,628 | 5.4245 GBP | ||||
10p ordinary | Purchase | 3,528 | 5.4439 GBP | ||||
10p ordinary | Purchase | 3,351 | 5.4587 GBP | ||||
10p ordinary | Purchase | 2,525 | 5.4357 GBP | ||||
10p ordinary | Purchase | 2,347 | 5.4552 GBP | ||||
10p ordinary | Purchase | 2,193 | 5.4346 GBP | ||||
10p ordinary | Purchase | 2,072 | 5.4142 GBP | ||||
10p ordinary | Purchase | 1,948 | 5.4591 GBP | ||||
10p ordinary | Purchase | 1,830 | 5.4496 GBP | ||||
10p ordinary | Purchase | 1,677 | 5.4650 GBP | ||||
10p ordinary | Purchase | 1,494 | 5.4256 GBP | ||||
10p ordinary | Purchase | 1,434 | 5.4600 GBP | ||||
10p ordinary | Purchase | 1,022 | 5.4530 GBP | ||||
10p ordinary | Purchase | 754 | 5.4850 GBP | ||||
10p ordinary | Purchase | 626 | 5.4750 GBP | ||||
10p ordinary | Purchase | 600 | 5.4413 GBP | ||||
10p ordinary | Purchase | 564 | 5.4000 GBP | ||||
10p ordinary | Purchase | 546 | 5.4550 GBP | ||||
10p ordinary | Purchase | 470 | 5.4228 GBP | ||||
10p ordinary | Purchase | 443 | 5.4500 GBP | ||||
10p ordinary | Purchase | 163 | 5.4700 GBP | ||||
10p ordinary | Sale | 2,226,168 | 5.4350 GBP | ||||
10p ordinary | Sale | 246,501 | 5.4419 GBP | ||||
10p ordinary | Sale | 102,602 | 5.4400 GBP | ||||
10p ordinary | Sale | 59,796 | 5.4399 GBP | ||||
10p ordinary | Sale | 39,554 | 5.4358 GBP | ||||
10p ordinary | Sale | 29,034 | 5.4524 GBP | ||||
10p ordinary | Sale | 22,498 | 5.4489 GBP | ||||
10p ordinary | Sale | 21,281 | 5.4420 GBP | ||||
10p ordinary | Sale | 20,057 | 5.4457 GBP | ||||
10p ordinary | Sale | 16,701 | 5.4332 GBP | ||||
10p ordinary | Sale | 16,358 | 5.4433 GBP | ||||
10p ordinary | Sale | 15,004 | 5.4404 GBP | ||||
10p ordinary | Sale | 15,000 | 5.4000 GBP | ||||
10p ordinary | Sale | 14,826 | 5.4512 GBP | ||||
10p ordinary | Sale | 10,113 | 5.4349 GBP | ||||
10p ordinary | Sale | 7,523 | 5.4462 GBP | ||||
10p ordinary | Sale | 7,061 | 5.4570 GBP | ||||
10p ordinary | Sale | 6,055 | 5.4318 GBP | ||||
10p ordinary | Sale | 4,157 | 5.4579 GBP | ||||
10p ordinary | Sale | 3,915 | 5.4535 GBP | ||||
10p ordinary | Sale | 3,750 | 5.3872 GBP | ||||
10p ordinary | Sale | 2,982 | 5.4677 GBP | ||||
10p ordinary | Sale | 2,049 | 5.4650 GBP | ||||
10p ordinary | Sale | 1,794 | 5.4494 GBP | ||||
10p ordinary | Sale | 1,587 | 5.4121 GBP | ||||
10p ordinary | Sale | 1,434 | 5.4600 GBP | ||||
10p ordinary | Sale | 1,292 | 5.4338 GBP | ||||
10p ordinary | Sale | 1,140 | 5.4575 GBP | ||||
10p ordinary | Sale | 1,085 | 5.4550 GBP | ||||
10p ordinary | Sale | 873 | 5.4475 GBP | ||||
10p ordinary | Sale | 754 | 5.4850 GBP | ||||
10p ordinary | Sale | 709 | 5.4456 GBP | ||||
10p ordinary | Sale | 641 | 5.4425 GBP | ||||
10p ordinary | Sale | 569 | 5.4452 GBP | ||||
10p ordinary | Sale | 421 | 5.4473 GBP | ||||
10p ordinary | Sale | 317 | 5.4300 GBP | ||||
10p ordinary | Sale | 300 | 5.4500 GBP | ||||
10p ordinary | Sale | 163 | 5.4700 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | reference | unit | ||||
security | securities | ||||||
10p ordinary | SWAP | Increasing Short | 53,378 | 5.4495 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,224,371 | 5.4350 GBP | |||
10p ordinary | SWAP | Decreasing Short | 39,554 | 5.4358 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8,250 | 5.4378 GBP | |||
10p ordinary | SWAP | Decreasing Short | 16,409 | 5.4400 GBP | |||
10p ordinary | SWAP | Decreasing Short | 21,281 | 5.4419 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,066 | 5.4489 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,826 | 5.4512 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,707 | 5.4521 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29,034 | 5.4524 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,982 | 5.4677 GBP | |||
10p ordinary | SWAP | Increasing Short | 470 | 5.4228 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,427 | 5.4316 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,193 | 5.4346 GBP | |||
10p ordinary | SWAP | Increasing Short | 10,569 | 5.4387 GBP | |||
10p ordinary | SWAP | Increasing Short | 45,000 | 5.4396 USD | |||
10p ordinary | SWAP | Increasing Short | 21,262 | 5.4400 GBP | |||
10p ordinary | SWAP | Increasing Short | 55,236 | 5.4401 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,881 | 5.4447 GBP | |||
10p ordinary | CFD | Decreasing Short | 776 | 5.4400 GBP | |||
10p ordinary | CFD | Decreasing Short | 6,418 | 5.4634 GBP | |||
10p ordinary | CFD | Increasing Short | 673 | 5.4444 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: | 19 Dec 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)