13th Dec 2024 12:48
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: | 12 Dec 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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| 34,687,061 | 2.51% | 20,397,808 | 1.48% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 12,479,531 | 0.90% | 33,621,028 | 2.44% |
(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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| 47,166,592 | 3.42% | 54,018,836 | 3.91% |
(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 | 646,850 | 5.3572 GBP | ||||
10p ordinary | Purchase | 404,892 | 5.3900 GBP | ||||
10p ordinary | Purchase | 390,669 | 5.3860 GBP | ||||
10p ordinary | Purchase | 99,801 | 5.3561 GBP | ||||
10p ordinary | Purchase | 78,607 | 5.3520 GBP | ||||
10p ordinary | Purchase | 70,254 | 5.3044 GBP | ||||
10p ordinary | Purchase | 49,390 | 5.3442 GBP | ||||
10p ordinary | Purchase | 46,671 | 5.3402 GBP | ||||
10p ordinary | Purchase | 29,249 | 5.3329 GBP | ||||
10p ordinary | Purchase | 28,032 | 5.3467 GBP | ||||
10p ordinary | Purchase | 26,148 | 5.3317 GBP | ||||
10p ordinary | Purchase | 20,224 | 5.3479 GBP | ||||
10p ordinary | Purchase | 19,086 | 5.3326 GBP | ||||
10p ordinary | Purchase | 15,930 | 5.3063 GBP | ||||
10p ordinary | Purchase | 14,316 | 5.3539 GBP | ||||
10p ordinary | Purchase | 9,680 | 5.3313 GBP | ||||
10p ordinary | Purchase | 8,387 | 5.3331 GBP | ||||
10p ordinary | Purchase | 7,402 | 5.3639 GBP | ||||
10p ordinary | Purchase | 7,081 | 5.3370 GBP | ||||
10p ordinary | Purchase | 6,770 | 5.3758 GBP | ||||
10p ordinary | Purchase | 6,263 | 5.3587 GBP | ||||
10p ordinary | Purchase | 5,667 | 5.3282 GBP | ||||
10p ordinary | Purchase | 3,950 | 5.3028 GBP | ||||
10p ordinary | Purchase | 3,764 | 5.3217 GBP | ||||
10p ordinary | Purchase | 3,372 | 5.2913 GBP | ||||
10p ordinary | Purchase | 3,250 | 5.3247 GBP | ||||
10p ordinary | Purchase | 3,169 | 5.2988 GBP | ||||
10p ordinary | Purchase | 3,129 | 5.3601 GBP | ||||
10p ordinary | Purchase | 3,098 | 5.3700 GBP | ||||
10p ordinary | Purchase | 2,806 | 5.3493 GBP | ||||
10p ordinary | Purchase | 2,510 | 5.2969 GBP | ||||
10p ordinary | Purchase | 2,399 | 5.3623 GBP | ||||
10p ordinary | Purchase | 2,239 | 5.2908 GBP | ||||
10p ordinary | Purchase | 1,535 | 5.2965 GBP | ||||
10p ordinary | Purchase | 1,247 | 5.2970 GBP | ||||
10p ordinary | Purchase | 1,040 | 5.3367 GBP | ||||
10p ordinary | Purchase | 953 | 5.2900 GBP | ||||
10p ordinary | Purchase | 590 | 5.3353 GBP | ||||
10p ordinary | Purchase | 587 | 5.3500 GBP | ||||
10p ordinary | Purchase | 543 | 5.3100 GBP | ||||
10p ordinary | Purchase | 445 | 5.3302 GBP | ||||
10p ordinary | Purchase | 250 | 5.3060 GBP | ||||
10p ordinary | Purchase | 9 | 5.3750 GBP | ||||
10p ordinary | Sale | 3,094,764 | 5.3900 GBP | ||||
10p ordinary | Sale | 261,212 | 5.3732 GBP | ||||
10p ordinary | Sale | 92,571 | 5.3486 GBP | ||||
10p ordinary | Sale | 78,607 | 5.2929 GBP | ||||
10p ordinary | Sale | 74,039 | 5.3452 GBP | ||||
10p ordinary | Sale | 59,577 | 5.3607 GBP | ||||
10p ordinary | Sale | 38,900 | 5.3478 GBP | ||||
10p ordinary | Sale | 35,513 | 5.3448 GBP | ||||
10p ordinary | Sale | 30,540 | 5.3722 GBP | ||||
10p ordinary | Sale | 29,902 | 5.3412 GBP | ||||
10p ordinary | Sale | 26,088 | 5.3320 GBP | ||||
10p ordinary | Sale | 23,108 | 5.3397 GBP | ||||
10p ordinary | Sale | 22,376 | 5.3415 GBP | ||||
10p ordinary | Sale | 21,500 | 5.3136 GBP | ||||
10p ordinary | Sale | 19,714 | 5.3495 GBP | ||||
10p ordinary | Sale | 19,246 | 5.3580 GBP | ||||
10p ordinary | Sale | 18,500 | 5.2907 GBP | ||||
10p ordinary | Sale | 17,596 | 5.3577 GBP | ||||
10p ordinary | Sale | 15,175 | 5.3539 GBP | ||||
10p ordinary | Sale | 13,771 | 5.3462 GBP | ||||
10p ordinary | Sale | 9,410 | 5.3765 GBP | ||||
10p ordinary | Sale | 7,687 | 5.3540 GBP | ||||
10p ordinary | Sale | 7,380 | 5.3115 GBP | ||||
10p ordinary | Sale | 7,339 | 5.3558 GBP | ||||
10p ordinary | Sale | 7,117 | 5.3123 GBP | ||||
10p ordinary | Sale | 6,770 | 5.3758 GBP | ||||
10p ordinary | Sale | 6,207 | 5.3895 GBP | ||||
10p ordinary | Sale | 5,919 | 5.3426 GBP | ||||
10p ordinary | Sale | 5,378 | 5.3458 GBP | ||||
10p ordinary | Sale | 4,121 | 5.3466 GBP | ||||
10p ordinary | Sale | 3,763 | 5.3299 GBP | ||||
10p ordinary | Sale | 3,746 | 5.3472 GBP | ||||
10p ordinary | Sale | 1,995 | 5.3100 GBP | ||||
10p ordinary | Sale | 1,874 | 5.3425 GBP | ||||
10p ordinary | Sale | 1,664 | 5.3675 GBP | ||||
10p ordinary | Sale | 1,405 | 5.3875 GBP | ||||
10p ordinary | Sale | 1,181 | 5.3700 GBP | ||||
10p ordinary | Sale | 1,172 | 5.3155 GBP | ||||
10p ordinary | Sale | 1,092 | 5.3769 GBP | ||||
10p ordinary | Sale | 681 | 5.2999 GBP | ||||
10p ordinary | Sale | 498 | 5.3050 GBP | ||||
10p ordinary | Sale | 166 | 5.3503 GBP | ||||
10p ordinary | Sale | 154 | 5.3570 GBP | ||||
10p ordinary | Sale | 38 | 5.3712 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 | Increasing Short | 97,244 | 5.3467 GBP | |||
10p ordinary | SWAP | Decreasing Short | 681 | 5.2999 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,995 | 5.3100 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14 | 5.3350 GBP | |||
10p ordinary | SWAP | Decreasing Short | 38,900 | 5.3478 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,748 | 5.3546 GBP | |||
10p ordinary | SWAP | Decreasing Short | 154 | 5.3569 GBP | |||
10p ordinary | SWAP | Decreasing Short | 17,596 | 5.3577 GBP | |||
10p ordinary | SWAP | Decreasing Short | 56,244 | 5.3600 GBP | |||
10p ordinary | SWAP | Decreasing Short | 9,410 | 5.3765 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,207 | 5.3895 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,950 | 5.3028 GBP | |||
10p ordinary | SWAP | Increasing Short | 250 | 5.3060 GBP | |||
10p ordinary | SWAP | Increasing Short | 445 | 5.3302 GBP | |||
10p ordinary | SWAP | Increasing Short | 29,728 | 5.3383 GBP | |||
10p ordinary | SWAP | Increasing Short | 46,671 | 5.3402 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,049 | 5.3471 GBP | |||
10p ordinary | SWAP | Increasing Short | 55,963 | 5.3509 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,316 | 5.3539 GBP | |||
10p ordinary | SWAP | Increasing Short | 74,318 | 5.3585 GBP | |||
10p ordinary | SWAP | Increasing Short | 113,686 | 5.3765 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,396 | 5.3888 GBP | |||
10p ordinary | SWAP | Increasing Short | 331,559 | 5.3900 GBP | |||
10p ordinary | SWAP | Increasing Short | 23,110 | 5.3902 GBP | |||
10p ordinary | SWAP | Increasing Short | 140,000 | 5.4103 USD | |||
10p ordinary | CFD | Decreasing Short | 6,770 | 5.3758 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,910,327 | 5.3900 GBP | |||
10p ordinary | CFD | Increasing Short | 142,969 | 5.3900 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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| paid/ |
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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(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: | 13 Dec 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)