23rd Dec 2024 15:08
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: | 20 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: | 32,986,177 | 2.39% | 16,433,777 | 1.19% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 12,625,020 | 0.91% | 31,551,972 | 2.29% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 45,611,197 | 3.30% | 47,985,749 | 3.48% | |||
(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 | 646,777 | 5.3701 GBP | ||||
10p ordinary | Purchase | 618,139 | 5.3800 GBP | ||||
10p ordinary | Purchase | 261,646 | 5.3550 GBP | ||||
10p ordinary | Purchase | 134,837 | 5.3722 GBP | ||||
10p ordinary | Purchase | 127,915 | 5.3798 GBP | ||||
10p ordinary | Purchase | 101,055 | 5.3606 GBP | ||||
10p ordinary | Purchase | 85,834 | 5.3878 GBP | ||||
10p ordinary | Purchase | 78,048 | 5.3794 GBP | ||||
10p ordinary | Purchase | 67,638 | 5.3718 GBP | ||||
10p ordinary | Purchase | 26,140 | 5.3812 GBP | ||||
10p ordinary | Purchase | 19,347 | 5.3948 GBP | ||||
10p ordinary | Purchase | 19,138 | 5.3728 GBP | ||||
10p ordinary | Purchase | 18,690 | 5.3913 GBP | ||||
10p ordinary | Purchase | 17,779 | 5.3946 GBP | ||||
10p ordinary | Purchase | 12,695 | 5.3930 GBP | ||||
10p ordinary | Purchase | 11,142 | 5.3784 GBP | ||||
10p ordinary | Purchase | 9,091 | 5.3754 GBP | ||||
10p ordinary | Purchase | 8,132 | 5.3842 GBP | ||||
10p ordinary | Purchase | 7,812 | 5.3673 GBP | ||||
10p ordinary | Purchase | 6,913 | 5.3763 GBP | ||||
10p ordinary | Purchase | 6,790 | 5.3860 GBP | ||||
10p ordinary | Purchase | 4,914 | 5.3811 GBP | ||||
10p ordinary | Purchase | 4,196 | 5.3634 GBP | ||||
10p ordinary | Purchase | 4,156 | 5.3819 GBP | ||||
10p ordinary | Purchase | 3,727 | 5.3679 GBP | ||||
10p ordinary | Purchase | 3,556 | 5.3871 GBP | ||||
10p ordinary | Purchase | 3,239 | 5.3753 GBP | ||||
10p ordinary | Purchase | 3,181 | 5.3926 GBP | ||||
10p ordinary | Purchase | 3,167 | 5.4001 GBP | ||||
10p ordinary | Purchase | 3,114 | 5.3656 GBP | ||||
10p ordinary | Purchase | 3,095 | 5.3908 GBP | ||||
10p ordinary | Purchase | 2,607 | 5.3829 GBP | ||||
10p ordinary | Purchase | 2,538 | 5.4350 GBP | ||||
10p ordinary | Purchase | 2,452 | 5.4064 GBP | ||||
10p ordinary | Purchase | 2,089 | 5.4058 GBP | ||||
10p ordinary | Purchase | 2,079 | 5.4009 GBP | ||||
10p ordinary | Purchase | 2,021 | 5.3627 GBP | ||||
10p ordinary | Purchase | 1,690 | 5.3525 GBP | ||||
10p ordinary | Purchase | 1,673 | 5.4025 GBP | ||||
10p ordinary | Purchase | 1,476 | 5.3891 GBP | ||||
10p ordinary | Purchase | 751 | 5.3925 GBP | ||||
10p ordinary | Purchase | 725 | 5.3907 GBP | ||||
10p ordinary | Purchase | 636 | 5.3900 GBP | ||||
10p ordinary | Purchase | 601 | 5.3400 GBP | ||||
10p ordinary | Purchase | 583 | 5.4200 GBP | ||||
10p ordinary | Purchase | 544 | 5.4050 GBP | ||||
10p ordinary | Purchase | 518 | 5.4000 GBP | ||||
10p ordinary | Purchase | 379 | 5.3884 GBP | ||||
10p ordinary | Purchase | 326 | 5.3600 GBP | ||||
10p ordinary | Purchase | 125 | 5.3250 GBP | ||||
10p ordinary | Purchase | 99 | 5.3850 GBP | ||||
10p ordinary | Purchase | 82 | 5.3625 GBP | ||||
10p ordinary | Purchase | 16 | 5.3950 GBP | ||||
10p ordinary | Purchase | 3 | 5.3450 GBP | ||||
10p ordinary | Sale | 509,836 | 5.3760 GBP | ||||
10p ordinary | Sale | 429,079 | 5.3615 GBP | ||||
10p ordinary | Sale | 399,774 | 5.3800 GBP | ||||
10p ordinary | Sale | 150,018 | 5.3854 GBP | ||||
10p ordinary | Sale | 67,638 | 5.3718 GBP | ||||
10p ordinary | Sale | 35,307 | 5.3713 GBP | ||||
10p ordinary | Sale | 23,056 | 5.3789 GBP | ||||
10p ordinary | Sale | 19,347 | 5.3953 GBP | ||||
10p ordinary | Sale | 13,157 | 5.3911 GBP | ||||
10p ordinary | Sale | 10,877 | 5.3983 GBP | ||||
10p ordinary | Sale | 9,391 | 5.3902 GBP | ||||
10p ordinary | Sale | 8,370 | 5.3897 GBP | ||||
10p ordinary | Sale | 5,853 | 5.3625 GBP | ||||
10p ordinary | Sale | 5,777 | 5.3754 GBP | ||||
10p ordinary | Sale | 3,556 | 5.3877 GBP | ||||
10p ordinary | Sale | 3,181 | 5.3931 GBP | ||||
10p ordinary | Sale | 3,167 | 5.4007 GBP | ||||
10p ordinary | Sale | 2,808 | 5.3810 GBP | ||||
10p ordinary | Sale | 2,538 | 5.4350 GBP | ||||
10p ordinary | Sale | 2,375 | 5.3850 GBP | ||||
10p ordinary | Sale | 2,119 | 5.3670 GBP | ||||
10p ordinary | Sale | 2,091 | 5.3934 GBP | ||||
10p ordinary | Sale | 2,079 | 5.4014 GBP | ||||
10p ordinary | Sale | 1,954 | 5.3660 GBP | ||||
10p ordinary | Sale | 1,773 | 5.3919 GBP | ||||
10p ordinary | Sale | 1,690 | 5.3525 GBP | ||||
10p ordinary | Sale | 1,481 | 5.3852 GBP | ||||
10p ordinary | Sale | 1,440 | 5.3600 GBP | ||||
10p ordinary | Sale | 1,208 | 5.3382 GBP | ||||
10p ordinary | Sale | 1,137 | 5.3960 GBP | ||||
10p ordinary | Sale | 675 | 5.3899 GBP | ||||
10p ordinary | Sale | 662 | 5.4010 GBP | ||||
10p ordinary | Sale | 601 | 5.3400 GBP | ||||
10p ordinary | Sale | 583 | 5.4200 GBP | ||||
10p ordinary | Sale | 571 | 5.3938 GBP | ||||
10p ordinary | Sale | 409 | 5.4050 GBP | ||||
10p ordinary | Sale | 258 | 5.4000 GBP | ||||
10p ordinary | Sale | 188 | 5.3900 GBP | ||||
10p ordinary | Sale | 155 | 5.3804 GBP | ||||
10p ordinary | Sale | 82 | 5.3950 GBP | ||||
10p ordinary | Sale | 3 | 5.3450 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 | 103,801 | 5.3752 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,799 | 5.3553 GBP | |||
10p ordinary | SWAP | Decreasing Short | 387,133 | 5.3579 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,853 | 5.3625 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,119 | 5.3670 GBP | |||
10p ordinary | SWAP | Decreasing Short | 35,307 | 5.3713 GBP | |||
10p ordinary | SWAP | Decreasing Short | 23,056 | 5.3789 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8,370 | 5.3897 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,988 | 5.4019 GBP | |||
10p ordinary | SWAP | Decreasing Short | 462 | 5.4350 GBP | |||
10p ordinary | SWAP | Increasing Short | 123,772 | 5.3560 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,812 | 5.3673 GBP | |||
10p ordinary | SWAP | Increasing Short | 242,100 | 5.3708 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,138 | 5.3728 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,574 | 5.3763 GBP | |||
10p ordinary | SWAP | Increasing Short | 58,847 | 5.3781 GBP | |||
10p ordinary | SWAP | Increasing Short | 49,620 | 5.3798 GBP | |||
10p ordinary | SWAP | Increasing Short | 158,528 | 5.3800 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,914 | 5.3811 GBP | |||
10p ordinary | SWAP | Increasing Short | 50,236 | 5.3874 GBP | |||
10p ordinary | SWAP | Increasing Short | 751 | 5.3925 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,258 | 5.3628 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,495 | 5.3700 GBP | |||
10p ordinary | CFD | Decreasing Short | 17,193 | 5.3800 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,495 | 5.3900 GBP | |||
10p ordinary | CFD | Increasing Short | 1,495 | 5.3400 GBP | |||
10p ordinary | CFD | Increasing Short | 23,668 | 5.3732 GBP | |||
10p ordinary | CFD | Increasing Short | 5,450 | 5.3800 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: | 23 Dec 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)