8th May 2024 13:54
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: | 07 May 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: |
|
| 22,488,403 | 1.63% | 20,364,114 | 1.48% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 7,985,091 | 0.58% | 20,493,352 | 1.49% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 30,473,494 | 2.21% | 40,857,466 | 2.96% |
(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 | 1,612,258 | 3.5847 GBP | ||||
10p ordinary | Purchase | 756,540 | 3.5692 GBP | ||||
10p ordinary | Purchase | 706,801 | 3.5882 GBP | ||||
10p ordinary | Purchase | 481,592 | 3.6113 GBP | ||||
10p ordinary | Purchase | 339,154 | 3.5809 GBP | ||||
10p ordinary | Purchase | 327,758 | 3.5800 GBP | ||||
10p ordinary | Purchase | 308,203 | 3.6250 GBP | ||||
10p ordinary | Purchase | 286,964 | 3.6470 GBP | ||||
10p ordinary | Purchase | 242,727 | 3.6396 GBP | ||||
10p ordinary | Purchase | 218,400 | 3.6222 GBP | ||||
10p ordinary | Purchase | 167,687 | 3.6292 GBP | ||||
10p ordinary | Purchase | 145,194 | 3.6445 GBP | ||||
10p ordinary | Purchase | 97,000 | 3.6793 GBP | ||||
10p ordinary | Purchase | 78,017 | 3.6610 GBP | ||||
10p ordinary | Purchase | 78,017 | 3.5740 GBP | ||||
10p ordinary | Purchase | 68,802 | 3.6376 GBP | ||||
10p ordinary | Purchase | 62,778 | 3.6954 GBP | ||||
10p ordinary | Purchase | 57,891 | 3.6111 GBP | ||||
10p ordinary | Purchase | 56,855 | 3.6331 GBP | ||||
10p ordinary | Purchase | 49,733 | 3.6405 GBP | ||||
10p ordinary | Purchase | 47,448 | 3.5871 GBP | ||||
10p ordinary | Purchase | 47,181 | 3.6041 GBP | ||||
10p ordinary | Purchase | 42,160 | 3.6814 GBP | ||||
10p ordinary | Purchase | 34,436 | 3.6275 GBP | ||||
10p ordinary | Purchase | 32,514 | 3.6700 GBP | ||||
10p ordinary | Purchase | 26,437 | 3.6433 GBP | ||||
10p ordinary | Purchase | 24,835 | 3.6440 GBP | ||||
10p ordinary | Purchase | 24,120 | 3.6583 GBP | ||||
10p ordinary | Purchase | 20,497 | 3.6249 GBP | ||||
10p ordinary | Purchase | 17,197 | 3.5487 GBP | ||||
10p ordinary | Purchase | 15,015 | 3.5983 GBP | ||||
10p ordinary | Purchase | 13,960 | 3.6691 GBP | ||||
10p ordinary | Purchase | 10,125 | 3.6351 GBP | ||||
10p ordinary | Purchase | 9,325 | 3.6422 GBP | ||||
10p ordinary | Purchase | 9,002 | 3.6125 GBP | ||||
10p ordinary | Purchase | 8,129 | 3.5520 GBP | ||||
10p ordinary | Purchase | 7,364 | 3.6666 GBP | ||||
10p ordinary | Purchase | 6,747 | 3.6537 GBP | ||||
10p ordinary | Purchase | 5,186 | 3.5400 GBP | ||||
10p ordinary | Purchase | 4,172 | 3.6465 GBP | ||||
10p ordinary | Purchase | 4,047 | 3.6025 GBP | ||||
10p ordinary | Purchase | 3,497 | 3.5900 GBP | ||||
10p ordinary | Purchase | 3,431 | 3.6527 GBP | ||||
10p ordinary | Purchase | 2,868 | 3.6478 GBP | ||||
10p ordinary | Purchase | 2,797 | 3.6020 GBP | ||||
10p ordinary | Purchase | 2,697 | 3.5691 GBP | ||||
10p ordinary | Purchase | 2,619 | 3.6140 GBP | ||||
10p ordinary | Purchase | 2,289 | 3.5820 GBP | ||||
10p ordinary | Purchase | 2,219 | 3.7020 GBP | ||||
10p ordinary | Purchase | 2,215 | 3.6875 GBP | ||||
10p ordinary | Purchase | 1,865 | 3.5920 GBP | ||||
10p ordinary | Purchase | 1,511 | 3.5780 GBP | ||||
10p ordinary | Purchase | 1,471 | 3.5560 GBP | ||||
10p ordinary | Purchase | 1,373 | 3.7160 GBP | ||||
10p ordinary | Purchase | 1,342 | 3.6602 GBP | ||||
10p ordinary | Purchase | 1,260 | 3.5320 GBP | ||||
10p ordinary | Purchase | 1,218 | 3.6200 GBP | ||||
10p ordinary | Purchase | 1,161 | 3.5500 GBP | ||||
10p ordinary | Purchase | 1,075 | 3.5640 GBP | ||||
10p ordinary | Purchase | 1,068 | 3.5880 GBP | ||||
10p ordinary | Purchase | 1,065 | 3.6540 GBP | ||||
10p ordinary | Purchase | 1,001 | 3.7060 GBP | ||||
10p ordinary | Purchase | 999 | 3.6660 GBP | ||||
10p ordinary | Purchase | 985 | 3.5660 GBP | ||||
10p ordinary | Purchase | 952 | 3.6000 GBP | ||||
10p ordinary | Purchase | 937 | 3.5460 GBP | ||||
10p ordinary | Purchase | 933 | 3.5760 GBP | ||||
10p ordinary | Purchase | 902 | 3.6080 GBP | ||||
10p ordinary | Purchase | 866 | 3.5940 GBP | ||||
10p ordinary | Purchase | 852 | 3.6160 GBP | ||||
10p ordinary | Purchase | 778 | 3.6180 GBP | ||||
10p ordinary | Purchase | 778 | 3.6100 GBP | ||||
10p ordinary | Purchase | 410 | 3.5840 GBP | ||||
10p ordinary | Purchase | 367 | 3.6600 GBP | ||||
10p ordinary | Purchase | 276 | 3.5789 GBP | ||||
10p ordinary | Purchase | 194 | 3.6860 GBP | ||||
10p ordinary | Purchase | 154 | 3.6480 GBP | ||||
10p ordinary | Purchase | 121 | 3.6120 GBP | ||||
10p ordinary | Sale | 11,123,514 | 3.6700 GBP | ||||
10p ordinary | Sale | 702,408 | 3.5800 GBP | ||||
10p ordinary | Sale | 532,103 | 3.6376 GBP | ||||
10p ordinary | Sale | 526,533 | 3.5762 GBP | ||||
10p ordinary | Sale | 521,923 | 3.5830 GBP | ||||
10p ordinary | Sale | 432,728 | 3.6069 GBP | ||||
10p ordinary | Sale | 394,713 | 3.5785 GBP | ||||
10p ordinary | Sale | 389,327 | 3.6063 GBP | ||||
10p ordinary | Sale | 383,669 | 3.6384 GBP | ||||
10p ordinary | Sale | 378,709 | 3.5692 GBP | ||||
10p ordinary | Sale | 350,983 | 3.6120 GBP | ||||
10p ordinary | Sale | 323,052 | 3.5633 GBP | ||||
10p ordinary | Sale | 167,321 | 3.5271 GBP | ||||
10p ordinary | Sale | 143,300 | 3.6415 GBP | ||||
10p ordinary | Sale | 141,274 | 3.5516 GBP | ||||
10p ordinary | Sale | 97,000 | 3.4806 GBP | ||||
10p ordinary | Sale | 78,017 | 3.5740 GBP | ||||
10p ordinary | Sale | 65,851 | 3.5313 GBP | ||||
10p ordinary | Sale | 54,399 | 3.6589 GBP | ||||
10p ordinary | Sale | 50,167 | 3.6083 GBP | ||||
10p ordinary | Sale | 47,448 | 3.5874 GBP | ||||
10p ordinary | Sale | 47,181 | 3.6045 GBP | ||||
10p ordinary | Sale | 27,169 | 3.5907 GBP | ||||
10p ordinary | Sale | 26,069 | 3.6592 GBP | ||||
10p ordinary | Sale | 14,121 | 3.5975 GBP | ||||
10p ordinary | Sale | 12,572 | 3.5734 GBP | ||||
10p ordinary | Sale | 12,430 | 3.6614 GBP | ||||
10p ordinary | Sale | 11,694 | 3.5805 GBP | ||||
10p ordinary | Sale | 7,993 | 3.5871 GBP | ||||
10p ordinary | Sale | 6,033 | 3.5173 GBP | ||||
10p ordinary | Sale | 5,186 | 3.5400 GBP | ||||
10p ordinary | Sale | 4,365 | 3.6475 GBP | ||||
10p ordinary | Sale | 3,687 | 3.5326 GBP | ||||
10p ordinary | Sale | 3,497 | 3.5900 GBP | ||||
10p ordinary | Sale | 2,815 | 3.5695 GBP | ||||
10p ordinary | Sale | 2,797 | 3.6020 GBP | ||||
10p ordinary | Sale | 2,740 | 3.5337 GBP | ||||
10p ordinary | Sale | 2,697 | 3.5694 GBP | ||||
10p ordinary | Sale | 2,619 | 3.6140 GBP | ||||
10p ordinary | Sale | 2,560 | 3.6060 GBP | ||||
10p ordinary | Sale | 2,523 | 3.5860 GBP | ||||
10p ordinary | Sale | 2,289 | 3.5820 GBP | ||||
10p ordinary | Sale | 2,223 | 3.5881 GBP | ||||
10p ordinary | Sale | 2,219 | 3.7020 GBP | ||||
10p ordinary | Sale | 1,865 | 3.5920 GBP | ||||
10p ordinary | Sale | 1,511 | 3.5780 GBP | ||||
10p ordinary | Sale | 1,471 | 3.5560 GBP | ||||
10p ordinary | Sale | 1,294 | 3.7060 GBP | ||||
10p ordinary | Sale | 1,260 | 3.5320 GBP | ||||
10p ordinary | Sale | 1,218 | 3.6200 GBP | ||||
10p ordinary | Sale | 1,161 | 3.5500 GBP | ||||
10p ordinary | Sale | 1,079 | 3.6596 GBP | ||||
10p ordinary | Sale | 1,075 | 3.5640 GBP | ||||
10p ordinary | Sale | 1,068 | 3.5880 GBP | ||||
10p ordinary | Sale | 1,065 | 3.6540 GBP | ||||
10p ordinary | Sale | 1,002 | 3.5720 GBP | ||||
10p ordinary | Sale | 999 | 3.6660 GBP | ||||
10p ordinary | Sale | 985 | 3.5660 GBP | ||||
10p ordinary | Sale | 952 | 3.6000 GBP | ||||
10p ordinary | Sale | 942 | 3.5340 GBP | ||||
10p ordinary | Sale | 937 | 3.5460 GBP | ||||
10p ordinary | Sale | 933 | 3.5760 GBP | ||||
10p ordinary | Sale | 902 | 3.6080 GBP | ||||
10p ordinary | Sale | 885 | 3.6440 GBP | ||||
10p ordinary | Sale | 852 | 3.6160 GBP | ||||
10p ordinary | Sale | 778 | 3.6180 GBP | ||||
10p ordinary | Sale | 778 | 3.6100 GBP | ||||
10p ordinary | Sale | 410 | 3.5840 GBP | ||||
10p ordinary | Sale | 367 | 3.6600 GBP | ||||
10p ordinary | Sale | 194 | 3.6860 GBP | ||||
10p ordinary | Sale | 154 | 3.6480 GBP | ||||
10p ordinary | Sale | 110,915 | 3.5789 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 | Decreasing Long | 145,194 | 3.6445 GBP | |||
10p ordinary | SWAP | Decreasing Short | 293 | 3.7060 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,365 | 3.6475 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,473 | 3.5800 GBP | |||
10p ordinary | CFD | Decreasing Short | 19,814 | 3.6553 GBP | |||
10p ordinary | CFD | Decreasing Short | 170,714 | 3.5710 GBP | |||
10p ordinary | SWAP | Decreasing Short | 192,059 | 3.6275 GBP | |||
10p ordinary | CFD | Decreasing Short | 213,923 | 3.5800 GBP | |||
10p ordinary | SWAP | Decreasing Short | 237,027 | 3.6324 GBP | |||
10p ordinary | CFD | Decreasing Short | 274,689 | 3.5652 GBP | |||
10p ordinary | SWAP | Decreasing Short | 323,052 | 3.5633 GBP | |||
10p ordinary | SWAP | Decreasing Short | 378,709 | 3.5692 GBP | |||
10p ordinary | SWAP | Decreasing Short | 432,728 | 3.6069 GBP | |||
10p ordinary | SWAP | Decreasing Short | 526,533 | 3.5762 GBP | |||
10p ordinary | SWAP | Increasing Long | 54,399 | 3.6589 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,342 | 3.6602 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,215 | 3.6875 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,240 | 3.6860 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,715 | 3.5823 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,047 | 3.6025 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,747 | 3.6537 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,364 | 3.6666 GBP | |||
10p ordinary | SWAP | Increasing Short | 10,125 | 3.6351 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,072 | 3.6583 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,695 | 3.6406 GBP | |||
10p ordinary | SWAP | Increasing Short | 16,325 | 3.5669 GBP | |||
10p ordinary | SWAP | Increasing Short | 17,197 | 3.5488 GBP | |||
10p ordinary | CFD | Increasing Short | 32,514 | 3.6700 GBP | |||
10p ordinary | CFD | Increasing Short | 45,423 | 3.5803 GBP | |||
10p ordinary | SWAP | Increasing Short | 68,802 | 3.6376 GBP | |||
10p ordinary | SWAP | Increasing Short | 84,259 | 3.5841 GBP | |||
10p ordinary | CFD | Increasing Short | 104,810 | 3.5800 GBP | |||
10p ordinary | SWAP | Increasing Short | 167,687 | 3.6292 GBP | |||
10p ordinary | SWAP | Increasing Short | 352,618 | 3.5800 GBP | |||
10p ordinary | SWAP | Increasing Short | 406,934 | 3.6269 GBP | |||
10p ordinary | SWAP | Increasing Short | 448,631 | 3.6214 GBP | |||
10p ordinary | SWAP | Increasing Short | 551,175 | 3.5802 GBP | |||
10p ordinary | SWAP | Increasing Short | 756,540 | 3.5692 GBP | |||
10p ordinary | SWAP | Opening Long | 17,800 | 3.6527 GBP | |||
10p ordinary | SWAP | Opening Long | 28,780 | 3.5803 GBP | |||
10p ordinary | SWAP | Opening Long | 33,370 | 3.6013 GBP | |||
10p ordinary | SWAP | Opening Long | 44,747 | 3.5322 GBP | |||
10p ordinary | SWAP | Opening Long | 47,800 | 3.4181 GBP | |||
10p ordinary | SWAP | Opening Long | 57,800 | 3.5301 GBP | |||
10p ordinary | SWAP | Opening Short | 61,933 | 3.6553 GBP | |||
10p ordinary | SWAP | Opening Short | 218,400 | 3.6222 GBP | |||
10p ordinary | SWAP | Opening Short | 506,106 | 3.5800 GBP | |||
10p ordinary | SWAP | Opening Short | 568,039 | 3.5873 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: | 08 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Shares:
BarclaysSmith (DS)