31st Jan 2025 14:46
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: | 30 Jan 2025 | |||||
(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: |
|
| 38,210,330 | 2.77% | 13,253,204 | 0.96% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 13,060,675 | 0.95% | 35,678,423 | 2.58% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 51,271,005 | 3.71% | 48,931,627 | 3.54% |
(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 | 3,196,572 | 5.9700 GBP | ||||
10p ordinary | Purchase | 369,593 | 5.8592 GBP | ||||
10p ordinary | Purchase | 204,122 | 5.8367 GBP | ||||
10p ordinary | Purchase | 160,848 | 5.8606 GBP | ||||
10p ordinary | Purchase | 131,804 | 5.8850 GBP | ||||
10p ordinary | Purchase | 96,719 | 5.8853 GBP | ||||
10p ordinary | Purchase | 93,629 | 5.8288 GBP | ||||
10p ordinary | Purchase | 84,830 | 5.7055 GBP | ||||
10p ordinary | Purchase | 55,684 | 5.8300 GBP | ||||
10p ordinary | Purchase | 48,706 | 5.8435 GBP | ||||
10p ordinary | Purchase | 47,972 | 5.9705 GBP | ||||
10p ordinary | Purchase | 45,443 | 5.8231 GBP | ||||
10p ordinary | Purchase | 35,323 | 5.9062 GBP | ||||
10p ordinary | Purchase | 32,386 | 5.8677 GBP | ||||
10p ordinary | Purchase | 27,842 | 5.8050 GBP | ||||
10p ordinary | Purchase | 25,000 | 5.8867 GBP | ||||
10p ordinary | Purchase | 12,606 | 5.7281 GBP | ||||
10p ordinary | Purchase | 11,967 | 5.9856 GBP | ||||
10p ordinary | Purchase | 9,755 | 5.8773 GBP | ||||
10p ordinary | Purchase | 9,159 | 5.8415 GBP | ||||
10p ordinary | Purchase | 9,042 | 5.8284 GBP | ||||
10p ordinary | Purchase | 7,515 | 5.7985 GBP | ||||
10p ordinary | Purchase | 5,000 | 5.9850 GBP | ||||
10p ordinary | Purchase | 4,607 | 5.9543 GBP | ||||
10p ordinary | Purchase | 2,931 | 5.7935 GBP | ||||
10p ordinary | Purchase | 2,501 | 5.9131 GBP | ||||
10p ordinary | Purchase | 2,301 | 5.8475 GBP | ||||
10p ordinary | Purchase | 1,782 | 5.7664 GBP | ||||
10p ordinary | Purchase | 1,660 | 5.7917 GBP | ||||
10p ordinary | Purchase | 1,636 | 5.9925 GBP | ||||
10p ordinary | Purchase | 1,250 | 5.9975 GBP | ||||
10p ordinary | Purchase | 944 | 5.7300 GBP | ||||
10p ordinary | Purchase | 886 | 5.6600 GBP | ||||
10p ordinary | Purchase | 832 | 5.8250 GBP | ||||
10p ordinary | Purchase | 792 | 5.9875 GBP | ||||
10p ordinary | Purchase | 716 | 5.7829 GBP | ||||
10p ordinary | Purchase | 666 | 5.7750 GBP | ||||
10p ordinary | Purchase | 616 | 5.8605 GBP | ||||
10p ordinary | Purchase | 615 | 5.7100 GBP | ||||
10p ordinary | Purchase | 611 | 5.8732 GBP | ||||
10p ordinary | Purchase | 558 | 5.7700 GBP | ||||
10p ordinary | Purchase | 533 | 5.9037 GBP | ||||
10p ordinary | Purchase | 360 | 5.6950 GBP | ||||
10p ordinary | Purchase | 270 | 5.7350 GBP | ||||
10p ordinary | Purchase | 71 | 5.8500 GBP | ||||
10p ordinary | Purchase | 10 | 5.8610 GBP | ||||
10p ordinary | Sale | 510,884 | 5.8754 GBP | ||||
10p ordinary | Sale | 183,342 | 5.8131 GBP | ||||
10p ordinary | Sale | 156,940 | 5.8850 GBP | ||||
10p ordinary | Sale | 141,000 | 5.8270 GBP | ||||
10p ordinary | Sale | 96,719 | 5.8853 GBP | ||||
10p ordinary | Sale | 81,599 | 5.8406 GBP | ||||
10p ordinary | Sale | 60,991 | 5.8136 GBP | ||||
10p ordinary | Sale | 53,092 | 5.7922 GBP | ||||
10p ordinary | Sale | 43,620 | 5.8603 GBP | ||||
10p ordinary | Sale | 32,700 | 5.8659 GBP | ||||
10p ordinary | Sale | 28,805 | 5.7763 GBP | ||||
10p ordinary | Sale | 26,463 | 5.7957 GBP | ||||
10p ordinary | Sale | 24,690 | 5.7947 GBP | ||||
10p ordinary | Sale | 23,700 | 5.8989 GBP | ||||
10p ordinary | Sale | 20,434 | 5.8966 GBP | ||||
10p ordinary | Sale | 15,838 | 5.8728 GBP | ||||
10p ordinary | Sale | 12,213 | 5.7861 GBP | ||||
10p ordinary | Sale | 9,715 | 5.9471 GBP | ||||
10p ordinary | Sale | 9,547 | 5.9032 GBP | ||||
10p ordinary | Sale | 7,684 | 5.7945 GBP | ||||
10p ordinary | Sale | 6,316 | 5.9682 GBP | ||||
10p ordinary | Sale | 4,527 | 5.7167 GBP | ||||
10p ordinary | Sale | 3,707 | 5.8918 GBP | ||||
10p ordinary | Sale | 3,471 | 5.7137 GBP | ||||
10p ordinary | Sale | 3,239 | 5.8342 GBP | ||||
10p ordinary | Sale | 3,205 | 5.6950 GBP | ||||
10p ordinary | Sale | 2,231 | 5.7735 GBP | ||||
10p ordinary | Sale | 1,678 | 5.6475 GBP | ||||
10p ordinary | Sale | 1,141 | 5.7693 GBP | ||||
10p ordinary | Sale | 1,112 | 5.8244 GBP | ||||
10p ordinary | Sale | 999 | 5.6900 GBP | ||||
10p ordinary | Sale | 944 | 5.7300 GBP | ||||
10p ordinary | Sale | 886 | 5.6600 GBP | ||||
10p ordinary | Sale | 832 | 5.8250 GBP | ||||
10p ordinary | Sale | 806 | 5.9712 GBP | ||||
10p ordinary | Sale | 666 | 5.7750 GBP | ||||
10p ordinary | Sale | 625 | 5.6925 GBP | ||||
10p ordinary | Sale | 615 | 5.7100 GBP | ||||
10p ordinary | Sale | 558 | 5.7700 GBP | ||||
10p ordinary | Sale | 540 | 5.7350 GBP | ||||
10p ordinary | Sale | 112 | 5.8400 GBP | ||||
10p ordinary | Sale | 109 | 5.8300 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 Short | 25,402 | 5.7690 GBP | |||
10p ordinary | SWAP | Decreasing Short | 183,342 | 5.8132 GBP | |||
10p ordinary | SWAP | Decreasing Short | 60,991 | 5.8136 GBP | |||
10p ordinary | SWAP | Decreasing Short | 33,783 | 5.8157 GBP | |||
10p ordinary | SWAP | Decreasing Short | 36,633 | 5.8300 GBP | |||
10p ordinary | SWAP | Decreasing Short | 180,583 | 5.8386 GBP | |||
10p ordinary | SWAP | Decreasing Short | 53,201 | 5.8709 GBP | |||
10p ordinary | SWAP | Decreasing Short | 56,400 | 5.8797 USD | |||
10p ordinary | SWAP | Decreasing Short | 401,326 | 5.8850 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,707 | 5.8918 GBP | |||
10p ordinary | SWAP | Decreasing Short | 9,547 | 5.9032 GBP | |||
10p ordinary | SWAP | Increasing Short | 45,443 | 5.8228 USD | |||
10p ordinary | SWAP | Increasing Short | 93,629 | 5.8288 USD | |||
10p ordinary | SWAP | Increasing Short | 204,122 | 5.8367 USD | |||
10p ordinary | SWAP | Increasing Short | 160,848 | 5.8606 GBP | |||
10p ordinary | SWAP | Increasing Short | 32,386 | 5.8677 GBP | |||
10p ordinary | SWAP | Increasing Short | 649 | 5.8850 GBP | |||
10p ordinary | SWAP | Increasing Short | 103 | 5.8853 GBP | |||
10p ordinary | SWAP | Increasing Short | 25,000 | 5.8868 GBP | |||
10p ordinary | SWAP | Increasing Short | 44,692 | 5.8871 GBP | |||
10p ordinary | SWAP | Increasing Short | 35,323 | 5.9062 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,648 | 5.9133 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,033 | 5.9201 GBP | |||
10p ordinary | SWAP | Increasing Short | 305 | 5.9650 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,196,572 | 5.9700 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,951 | 5.8850 GBP | |||
10p ordinary | CFD | Decreasing Short | 19 | 5.8852 GBP | |||
10p ordinary | CFD | Decreasing Short | 6,527 | 5.8982 GBP | |||
10p ordinary | CFD | Increasing Short | 40,278 | 5.7889 GBP | |||
10p ordinary | CFD | Increasing Short | 67,738 | 5.7957 GBP | |||
10p ordinary | CFD | Increasing Short | 12,304 | 5.8526 GBP | |||
10p ordinary | CFD | Increasing Short | 2,951 | 5.8850 GBP | |||
10p ordinary | CFD | Increasing Short | 19 | 5.8852 GBP | |||
10p ordinary | CFD | Increasing Short | 96,719 | 5.8853 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: | 31 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|