22nd May 2024 14:17
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: | 21 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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| 26,900,392 | 1.95% | 19,338,458 | 1.40% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,162,376 | 0.59% | 25,377,579 | 1.84% |
(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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| 35,062,768 | 2.54% | 44,716,037 | 3.24% |
(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 | 552,677 | 3.6826 GBP | ||||
10p ordinary | Purchase | 527,150 | 3.6750 GBP | ||||
10p ordinary | Purchase | 249,206 | 3.6888 GBP | ||||
10p ordinary | Purchase | 206,663 | 3.6718 GBP | ||||
10p ordinary | Purchase | 186,673 | 3.6825 GBP | ||||
10p ordinary | Purchase | 158,720 | 3.6874 GBP | ||||
10p ordinary | Purchase | 117,815 | 3.6740 GBP | ||||
10p ordinary | Purchase | 107,044 | 3.6846 GBP | ||||
10p ordinary | Purchase | 100,000 | 3.6749 GBP | ||||
10p ordinary | Purchase | 92,039 | 3.6837 GBP | ||||
10p ordinary | Purchase | 85,889 | 3.6720 GBP | ||||
10p ordinary | Purchase | 68,850 | 3.7570 GBP | ||||
10p ordinary | Purchase | 32,565 | 3.6823 GBP | ||||
10p ordinary | Purchase | 30,122 | 3.6844 GBP | ||||
10p ordinary | Purchase | 23,926 | 3.6851 GBP | ||||
10p ordinary | Purchase | 16,536 | 3.6780 GBP | ||||
10p ordinary | Purchase | 12,633 | 3.6824 GBP | ||||
10p ordinary | Purchase | 11,072 | 3.6792 GBP | ||||
10p ordinary | Purchase | 9,086 | 3.6746 GBP | ||||
10p ordinary | Purchase | 8,112 | 3.6806 GBP | ||||
10p ordinary | Purchase | 7,063 | 3.6809 GBP | ||||
10p ordinary | Purchase | 6,551 | 3.6786 GBP | ||||
10p ordinary | Purchase | 4,619 | 3.6859 GBP | ||||
10p ordinary | Purchase | 3,983 | 3.6758 GBP | ||||
10p ordinary | Purchase | 3,095 | 3.6766 GBP | ||||
10p ordinary | Purchase | 2,722 | 3.6890 GBP | ||||
10p ordinary | Purchase | 2,510 | 3.6849 GBP | ||||
10p ordinary | Purchase | 2,088 | 3.6781 GBP | ||||
10p ordinary | Purchase | 1,651 | 3.6840 GBP | ||||
10p ordinary | Purchase | 1,335 | 3.6951 GBP | ||||
10p ordinary | Purchase | 1,307 | 3.6920 GBP | ||||
10p ordinary | Purchase | 1,212 | 3.6820 GBP | ||||
10p ordinary | Purchase | 1,027 | 3.7020 GBP | ||||
10p ordinary | Purchase | 898 | 3.6600 GBP | ||||
10p ordinary | Purchase | 311 | 3.6814 GBP | ||||
10p ordinary | Purchase | 156 | 3.6940 GBP | ||||
10p ordinary | Purchase | 16 | 3.6709 GBP | ||||
10p ordinary | Sale | 439,930 | 3.6720 GBP | ||||
10p ordinary | Sale | 250,827 | 3.6749 GBP | ||||
10p ordinary | Sale | 185,868 | 3.6733 GBP | ||||
10p ordinary | Sale | 127,090 | 3.6772 GBP | ||||
10p ordinary | Sale | 95,894 | 3.6890 GBP | ||||
10p ordinary | Sale | 40,755 | 3.6849 GBP | ||||
10p ordinary | Sale | 37,849 | 3.6889 GBP | ||||
10p ordinary | Sale | 33,426 | 3.6941 GBP | ||||
10p ordinary | Sale | 32,629 | 3.6861 GBP | ||||
10p ordinary | Sale | 25,558 | 3.6700 GBP | ||||
10p ordinary | Sale | 25,362 | 3.6884 GBP | ||||
10p ordinary | Sale | 13,148 | 3.6887 GBP | ||||
10p ordinary | Sale | 5,950 | 3.6793 GBP | ||||
10p ordinary | Sale | 4,665 | 3.6883 GBP | ||||
10p ordinary | Sale | 3,803 | 3.6936 GBP | ||||
10p ordinary | Sale | 3,137 | 3.6847 GBP | ||||
10p ordinary | Sale | 2,956 | 3.6920 GBP | ||||
10p ordinary | Sale | 2,621 | 3.6825 GBP | ||||
10p ordinary | Sale | 2,500 | 3.6786 GBP | ||||
10p ordinary | Sale | 2,100 | 3.6800 GBP | ||||
10p ordinary | Sale | 1,894 | 3.6713 GBP | ||||
10p ordinary | Sale | 1,685 | 3.6898 GBP | ||||
10p ordinary | Sale | 1,665 | 3.6828 GBP | ||||
10p ordinary | Sale | 1,307 | 3.6921 GBP | ||||
10p ordinary | Sale | 1,212 | 3.6820 GBP | ||||
10p ordinary | Sale | 1,027 | 3.7020 GBP | ||||
10p ordinary | Sale | 921 | 3.6791 GBP | ||||
10p ordinary | Sale | 880 | 3.6780 GBP | ||||
10p ordinary | Sale | 713 | 3.6840 GBP | ||||
10p ordinary | Sale | 525 | 3.6680 GBP | ||||
10p ordinary | Sale | 524 | 3.6773 GBP | ||||
10p ordinary | Sale | 379 | 3.6860 GBP | ||||
10p ordinary | Sale | 95 | 3.6830 GBP | ||||
10p ordinary | Sale | 39 | 3.6709 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 Short | 6,791 | 3.6720 GBP | |||
10p ordinary | SWAP | Decreasing Long | 156 | 3.6940 GBP | |||
10p ordinary | SWAP | Decreasing Long | 92,039 | 3.6837 GBP | |||
10p ordinary | CFD | Decreasing Short | 10 | 3.7140 GBP | |||
10p ordinary | SWAP | Decreasing Short | 524 | 3.6773 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,803 | 3.6937 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,795 | 3.6851 GBP | |||
10p ordinary | SWAP | Decreasing Short | 40,755 | 3.6849 GBP | |||
10p ordinary | SWAP | Decreasing Short | 64,770 | 3.6812 GBP | |||
10p ordinary | CFD | Decreasing Short | 84,462 | 3.6719 GBP | |||
10p ordinary | SWAP | Decreasing Short | 127,090 | 3.6772 GBP | |||
10p ordinary | CFD | Decreasing Short | 261,443 | 3.6720 GBP | |||
10p ordinary | SWAP | Increasing Long | 921 | 3.6791 GBP | |||
10p ordinary | CFD | Increasing Short | 138 | 3.6720 GBP | |||
10p ordinary | SWAP | Increasing Short | 473 | 3.6920 GBP | |||
10p ordinary | CFD | Increasing Short | 1,212 | 3.6819 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,335 | 3.6951 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,619 | 3.6859 GBP | |||
10p ordinary | CFD | Increasing Short | 30,187 | 3.6728 GBP | |||
10p ordinary | SWAP | Increasing Short | 70,444 | 3.6837 GBP | |||
10p ordinary | SWAP | Increasing Short | 97,890 | 3.6844 GBP | |||
10p ordinary | SWAP | Increasing Short | 100,000 | 3.6749 GBP | |||
10p ordinary | SWAP | Increasing Short | 158,720 | 3.6874 GBP | |||
10p ordinary | SWAP | Increasing Short | 186,673 | 3.6825 GBP | |||
10p ordinary | SWAP | Increasing Short | 360,639 | 3.6720 GBP | |||
10p ordinary | SWAP | Increasing Short | 552,677 | 3.6826 GBP | |||
10p ordinary | SWAP | Opening Long | 13,317 | 3.6818 GBP | |||
10p ordinary | SWAP | Opening Short | 211,000 | 3.6789 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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| relates |
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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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| securities | unit | |||
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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: | 22 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)