12th Aug 2024 14:51
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: | 09 Aug 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: | 33,997,118 | 2.46% | 32,567,639 | 2.36% | |||
(2) Cash-settled derivatives: | 12,061,244 | 0.87% | 33,744,891 | 2.45% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 46,058,362 | 3.34% | 66,312,530 | 4.80% | |||
(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 | 713,894 | 4.4042 GBP | ||||
10p ordinary | Purchase | 480,448 | 4.3891 GBP | ||||
10p ordinary | Purchase | 342,838 | 4.3874 GBP | ||||
10p ordinary | Purchase | 337,615 | 4.3895 GBP | ||||
10p ordinary | Purchase | 129,333 | 4.4138 GBP | ||||
10p ordinary | Purchase | 85,961 | 4.3880 GBP | ||||
10p ordinary | Purchase | 78,944 | 4.4176 GBP | ||||
10p ordinary | Purchase | 76,328 | 4.4383 GBP | ||||
10p ordinary | Purchase | 67,701 | 4.4010 GBP | ||||
10p ordinary | Purchase | 58,663 | 4.4229 GBP | ||||
10p ordinary | Purchase | 53,919 | 4.4096 GBP | ||||
10p ordinary | Purchase | 39,278 | 4.4260 GBP | ||||
10p ordinary | Purchase | 31,110 | 4.4249 GBP | ||||
10p ordinary | Purchase | 24,717 | 4.4148 GBP | ||||
10p ordinary | Purchase | 17,039 | 4.3990 GBP | ||||
10p ordinary | Purchase | 6,990 | 4.4064 GBP | ||||
10p ordinary | Purchase | 6,272 | 4.3939 GBP | ||||
10p ordinary | Purchase | 5,612 | 4.3886 GBP | ||||
10p ordinary | Purchase | 3,575 | 4.4686 GBP | ||||
10p ordinary | Purchase | 1,860 | 4.3986 GBP | ||||
10p ordinary | Purchase | 892 | 4.4211 GBP | ||||
10p ordinary | Purchase | 829 | 4.3877 GBP | ||||
10p ordinary | Purchase | 539 | 4.3960 GBP | ||||
10p ordinary | Sale | 669,722 | 4.4030 GBP | ||||
10p ordinary | Sale | 375,069 | 4.3883 GBP | ||||
10p ordinary | Sale | 337,615 | 4.3895 GBP | ||||
10p ordinary | Sale | 225,164 | 4.3880 GBP | ||||
10p ordinary | Sale | 94,123 | 4.3937 GBP | ||||
10p ordinary | Sale | 69,669 | 4.4208 GBP | ||||
10p ordinary | Sale | 69,621 | 4.4079 GBP | ||||
10p ordinary | Sale | 58,931 | 4.4230 GBP | ||||
10p ordinary | Sale | 56,268 | 4.4241 GBP | ||||
10p ordinary | Sale | 39,434 | 4.3926 GBP | ||||
10p ordinary | Sale | 37,157 | 4.4007 GBP | ||||
10p ordinary | Sale | 31,762 | 4.4293 GBP | ||||
10p ordinary | Sale | 27,532 | 4.4215 GBP | ||||
10p ordinary | Sale | 23,610 | 4.3990 GBP | ||||
10p ordinary | Sale | 21,940 | 4.3903 GBP | ||||
10p ordinary | Sale | 16,640 | 4.4224 GBP | ||||
10p ordinary | Sale | 14,994 | 4.4200 GBP | ||||
10p ordinary | Sale | 14,153 | 4.3924 GBP | ||||
10p ordinary | Sale | 13,173 | 4.3965 GBP | ||||
10p ordinary | Sale | 9,275 | 4.3936 GBP | ||||
10p ordinary | Sale | 7,517 | 4.3947 GBP | ||||
10p ordinary | Sale | 6,990 | 4.4064 GBP | ||||
10p ordinary | Sale | 6,787 | 4.3954 GBP | ||||
10p ordinary | Sale | 6,109 | 4.4181 GBP | ||||
10p ordinary | Sale | 4,546 | 4.3939 GBP | ||||
10p ordinary | Sale | 4,510 | 4.4256 GBP | ||||
10p ordinary | Sale | 4,409 | 4.3871 GBP | ||||
10p ordinary | Sale | 4,230 | 4.4321 GBP | ||||
10p ordinary | Sale | 3,409 | 4.3872 GBP | ||||
10p ordinary | Sale | 3,318 | 4.4646 GBP | ||||
10p ordinary | Sale | 3,006 | 4.3908 GBP | ||||
10p ordinary | Sale | 2,596 | 4.4063 GBP | ||||
10p ordinary | Sale | 2,581 | 4.4212 GBP | ||||
10p ordinary | Sale | 2,395 | 4.3928 GBP | ||||
10p ordinary | Sale | 2,196 | 4.4160 GBP | ||||
10p ordinary | Sale | 2,003 | 4.3884 GBP | ||||
10p ordinary | Sale | 2,001 | 4.4663 GBP | ||||
10p ordinary | Sale | 1,861 | 4.4210 GBP | ||||
10p ordinary | Sale | 1,860 | 4.3986 GBP | ||||
10p ordinary | Sale | 1,747 | 4.3859 GBP | ||||
10p ordinary | Sale | 1,521 | 4.4077 GBP | ||||
10p ordinary | Sale | 1,516 | 4.4193 GBP | ||||
10p ordinary | Sale | 1,476 | 4.4175 GBP | ||||
10p ordinary | Sale | 1,415 | 4.4042 GBP | ||||
10p ordinary | Sale | 1,378 | 4.3819 GBP | ||||
10p ordinary | Sale | 1,158 | 4.3966 GBP | ||||
10p ordinary | Sale | 899 | 4.4003 GBP | ||||
10p ordinary | Sale | 539 | 4.3960 GBP | ||||
10p ordinary | Sale | 539 | 4.3961 GBP | ||||
10p ordinary | Sale | 415 | 4.4218 GBP | ||||
10p ordinary | Sale | 351 | 4.4170 GBP | ||||
10p ordinary | Sale | 224 | 4.4220 GBP | ||||
10p ordinary | Sale | 9 | 4.4090 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 | 82,437 | 4.3879 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,022 | 4.3880 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,238 | 4.4081 GBP | |||
10p ordinary | CFD | Increasing Short | 698 | 4.3879 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,612 | 4.3886 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8,533 | 4.3968 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,765 | 4.4230 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,001 | 4.4663 GBP | |||
10p ordinary | SWAP | Increasing Short | 142,342 | 4.3880 GBP | |||
10p ordinary | SWAP | Increasing Short | 80,336 | 4.3890 GBP | |||
10p ordinary | SWAP | Increasing Short | 892 | 4.4211 GBP | |||
10p ordinary | SWAP | Increasing Short | 76,328 | 4.4384 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,575 | 4.4686 GBP | |||
10p ordinary | SWAP | Increasing Long | 899 | 4.4003 GBP | |||
10p ordinary | SWAP | Decreasing Long | 31,110 | 4.4249 GBP | |||
10p ordinary | SWAP | Increasing Short | 109,905 | 4.3880 GBP | |||
10p ordinary | SWAP | Increasing Short | 53,919 | 4.4096 GBP | |||
10p ordinary | SWAP | Increasing Long | 150,000 | 4.4500 GBP | |||
10p ordinary | SWAP | Increasing Short | 69,609 | 4.4500 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: | 12 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)