9th May 2024 13:16
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: | 08 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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| 20,895,839 | 1.51% | 20,589,125 | 1.49% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,487,924 | 0.62% | 19,065,730 | 1.38% |
(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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| 29,383,763 | 2.13% | 39,654,855 | 2.87% |
(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 | 860,520 | 3.6220 GBP | ||||
10p ordinary | Purchase | 508,959 | 3.6175 GBP | ||||
10p ordinary | Purchase | 441,300 | 3.6279 GBP | ||||
10p ordinary | Purchase | 420,423 | 3.6193 GBP | ||||
10p ordinary | Purchase | 352,539 | 3.6161 GBP | ||||
10p ordinary | Purchase | 343,786 | 3.6155 GBP | ||||
10p ordinary | Purchase | 207,975 | 3.6200 GBP | ||||
10p ordinary | Purchase | 201,380 | 3.6164 GBP | ||||
10p ordinary | Purchase | 150,000 | 3.5728 GBP | ||||
10p ordinary | Purchase | 98,450 | 3.6108 GBP | ||||
10p ordinary | Purchase | 89,476 | 3.6307 GBP | ||||
10p ordinary | Purchase | 71,781 | 3.6169 GBP | ||||
10p ordinary | Purchase | 50,261 | 3.6219 GBP | ||||
10p ordinary | Purchase | 34,512 | 3.6233 GBP | ||||
10p ordinary | Purchase | 32,619 | 3.6251 GBP | ||||
10p ordinary | Purchase | 24,610 | 3.6121 GBP | ||||
10p ordinary | Purchase | 18,802 | 3.6400 GBP | ||||
10p ordinary | Purchase | 18,644 | 3.6237 GBP | ||||
10p ordinary | Purchase | 16,774 | 3.6297 GBP | ||||
10p ordinary | Purchase | 11,955 | 3.6266 GBP | ||||
10p ordinary | Purchase | 10,792 | 3.5960 GBP | ||||
10p ordinary | Purchase | 8,722 | 3.6215 GBP | ||||
10p ordinary | Purchase | 8,587 | 3.6261 GBP | ||||
10p ordinary | Purchase | 6,571 | 3.6145 GBP | ||||
10p ordinary | Purchase | 5,621 | 3.6240 GBP | ||||
10p ordinary | Purchase | 4,841 | 3.6183 GBP | ||||
10p ordinary | Purchase | 4,314 | 3.5900 GBP | ||||
10p ordinary | Purchase | 4,284 | 3.6243 GBP | ||||
10p ordinary | Purchase | 4,150 | 3.6223 GBP | ||||
10p ordinary | Purchase | 3,907 | 3.6260 GBP | ||||
10p ordinary | Purchase | 3,421 | 3.6300 GBP | ||||
10p ordinary | Purchase | 3,206 | 3.6420 GBP | ||||
10p ordinary | Purchase | 2,754 | 3.6253 GBP | ||||
10p ordinary | Purchase | 2,068 | 3.6011 GBP | ||||
10p ordinary | Purchase | 1,683 | 3.6160 GBP | ||||
10p ordinary | Purchase | 1,296 | 3.6320 GBP | ||||
10p ordinary | Purchase | 1,000 | 3.6140 GBP | ||||
10p ordinary | Purchase | 908 | 3.6280 GBP | ||||
10p ordinary | Purchase | 620 | 3.5990 GBP | ||||
10p ordinary | Purchase | 600 | 3.6162 GBP | ||||
10p ordinary | Purchase | 518 | 3.6020 GBP | ||||
10p ordinary | Purchase | 256 | 3.6189 GBP | ||||
10p ordinary | Purchase | 161 | 3.5880 GBP | ||||
10p ordinary | Sale | 2,810,947 | 3.5800 GBP | ||||
10p ordinary | Sale | 1,367,673 | 3.6200 GBP | ||||
10p ordinary | Sale | 430,239 | 3.6207 GBP | ||||
10p ordinary | Sale | 250,000 | 3.6244 GBP | ||||
10p ordinary | Sale | 178,955 | 3.6193 GBP | ||||
10p ordinary | Sale | 163,594 | 3.6123 GBP | ||||
10p ordinary | Sale | 105,778 | 3.6177 GBP | ||||
10p ordinary | Sale | 76,291 | 3.6241 GBP | ||||
10p ordinary | Sale | 70,622 | 3.5962 GBP | ||||
10p ordinary | Sale | 45,257 | 3.6212 GBP | ||||
10p ordinary | Sale | 44,053 | 3.5899 GBP | ||||
10p ordinary | Sale | 40,288 | 3.6199 GBP | ||||
10p ordinary | Sale | 40,121 | 3.6210 GBP | ||||
10p ordinary | Sale | 35,235 | 3.6420 GBP | ||||
10p ordinary | Sale | 30,707 | 3.6248 GBP | ||||
10p ordinary | Sale | 28,491 | 3.5838 GBP | ||||
10p ordinary | Sale | 26,021 | 3.6181 GBP | ||||
10p ordinary | Sale | 22,145 | 3.6184 GBP | ||||
10p ordinary | Sale | 20,580 | 3.6196 GBP | ||||
10p ordinary | Sale | 19,197 | 3.6250 GBP | ||||
10p ordinary | Sale | 17,597 | 3.6247 GBP | ||||
10p ordinary | Sale | 17,390 | 3.5851 GBP | ||||
10p ordinary | Sale | 16,633 | 3.5964 GBP | ||||
10p ordinary | Sale | 14,377 | 3.6081 GBP | ||||
10p ordinary | Sale | 13,327 | 3.5700 GBP | ||||
10p ordinary | Sale | 10,792 | 3.5960 GBP | ||||
10p ordinary | Sale | 6,580 | 3.6135 GBP | ||||
10p ordinary | Sale | 6,409 | 3.6141 GBP | ||||
10p ordinary | Sale | 6,090 | 3.6259 GBP | ||||
10p ordinary | Sale | 5,621 | 3.6240 GBP | ||||
10p ordinary | Sale | 4,761 | 3.6260 GBP | ||||
10p ordinary | Sale | 4,735 | 3.6205 GBP | ||||
10p ordinary | Sale | 2,901 | 3.6140 GBP | ||||
10p ordinary | Sale | 2,870 | 3.5660 GBP | ||||
10p ordinary | Sale | 2,646 | 3.5794 GBP | ||||
10p ordinary | Sale | 2,591 | 3.6280 GBP | ||||
10p ordinary | Sale | 1,685 | 3.6320 GBP | ||||
10p ordinary | Sale | 1,683 | 3.6160 GBP | ||||
10p ordinary | Sale | 1,682 | 3.6300 GBP | ||||
10p ordinary | Sale | 1,520 | 3.6183 GBP | ||||
10p ordinary | Sale | 1,486 | 3.6400 GBP | ||||
10p ordinary | Sale | 1,231 | 3.6180 GBP | ||||
10p ordinary | Sale | 909 | 3.6220 GBP | ||||
10p ordinary | Sale | 886 | 3.5900 GBP | ||||
10p ordinary | Sale | 620 | 3.5990 GBP | ||||
10p ordinary | Sale | 518 | 3.6020 GBP | ||||
10p ordinary | Sale | 385 | 3.5914 GBP | ||||
10p ordinary | Sale | 348 | 3.6291 GBP | ||||
10p ordinary | Sale | 331 | 3.6000 GBP | ||||
10p ordinary | Sale | 15 | 3.6119 GBP | ||||
10p ordinary | Sale | 13 | 3.6005 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 | 71,848 | 3.6043 GBP | |||
10p ordinary | SWAP | Closing Short | 441,300 | 3.6279 GBP | |||
10p ordinary | SWAP | Decreasing Long | 161 | 3.5880 GBP | |||
10p ordinary | SWAP | Decreasing Long | 600 | 3.6162 GBP | |||
10p ordinary | SWAP | Decreasing Short | 215 | 3.6320 GBP | |||
10p ordinary | SWAP | Decreasing Short | 262 | 3.6280 GBP | |||
10p ordinary | CFD | Decreasing Short | 620 | 3.5990 GBP | |||
10p ordinary | CFD | Decreasing Short | 5,289 | 3.6200 GBP | |||
10p ordinary | CFD | Decreasing Short | 10,792 | 3.5959 GBP | |||
10p ordinary | CFD | Decreasing Short | 33,632 | 3.6419 GBP | |||
10p ordinary | SWAP | Decreasing Short | 105,778 | 3.6177 GBP | |||
10p ordinary | SWAP | Decreasing Short | 178,955 | 3.6193 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,810,947 | 3.5800 GBP | |||
10p ordinary | SWAP | Increasing Long | 15 | 3.6119 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,068 | 3.6011 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,073 | 3.5900 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,284 | 3.6243 GBP | |||
10p ordinary | SWAP | Increasing Short | 50,002 | 3.6102 GBP | |||
10p ordinary | SWAP | Increasing Short | 70,839 | 3.6192 GBP | |||
10p ordinary | SWAP | Increasing Short | 89,476 | 3.6307 GBP | |||
10p ordinary | SWAP | Increasing Short | 95,000 | 3.6155 GBP | |||
10p ordinary | SWAP | Increasing Short | 132,220 | 3.6200 GBP | |||
10p ordinary | SWAP | Increasing Short | 137,504 | 3.6102 GBP | |||
10p ordinary | SWAP | Increasing Short | 163,576 | 3.6194 GBP | |||
10p ordinary | SWAP | Increasing Short | 201,380 | 3.6164 GBP | |||
10p ordinary | CFD | Increasing Short | 211,307 | 3.6200 GBP | |||
10p ordinary | SWAP | Increasing Short | 235,000 | 3.6155 GBP | |||
10p ordinary | SWAP | Increasing Short | 352,539 | 3.6161 GBP | |||
10p ordinary | SWAP | Opening Long | 59,979 | 3.6162 GBP | |||
10p ordinary | SWAP | Opening Long | 152,510 | 3.6135 GBP | |||
10p ordinary | SWAP | Opening Long | 1,022,638 | 3.6200 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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(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: | 09 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)