14th Jun 2024 14:45
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: | 13 Jun 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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| 31,998,433 | 2.32% | 27,962,682 | 2.03% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 7,782,482 | 0.56% | 31,330,888 | 2.27% |
(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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| 39,780,915 | 2.88% | 59,293,570 | 4.30% |
(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 |
| securities |
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10p ordinary | Purchase | 708,718 | 3.5096 GBP | ||||
10p ordinary | Purchase | 310,061 | 3.5171 GBP | ||||
10p ordinary | Purchase | 121,150 | 3.5058 GBP | ||||
10p ordinary | Purchase | 97,007 | 3.5268 GBP | ||||
10p ordinary | Purchase | 49,832 | 3.5060 GBP | ||||
10p ordinary | Purchase | 32,359 | 3.5341 GBP | ||||
10p ordinary | Purchase | 27,568 | 3.5540 GBP | ||||
10p ordinary | Purchase | 22,500 | 3.5690 GBP | ||||
10p ordinary | Purchase | 20,395 | 3.5138 GBP | ||||
10p ordinary | Purchase | 14,783 | 3.5236 GBP | ||||
10p ordinary | Purchase | 14,223 | 3.5289 GBP | ||||
10p ordinary | Purchase | 11,403 | 3.5255 GBP | ||||
10p ordinary | Purchase | 10,720 | 3.5742 GBP | ||||
10p ordinary | Purchase | 10,028 | 3.5195 GBP | ||||
10p ordinary | Purchase | 6,647 | 3.5200 GBP | ||||
10p ordinary | Purchase | 6,595 | 3.5760 GBP | ||||
10p ordinary | Purchase | 5,368 | 3.5720 GBP | ||||
10p ordinary | Purchase | 4,728 | 3.5260 GBP | ||||
10p ordinary | Purchase | 4,167 | 3.5700 GBP | ||||
10p ordinary | Purchase | 3,424 | 3.5266 GBP | ||||
10p ordinary | Purchase | 2,875 | 3.5767 GBP | ||||
10p ordinary | Purchase | 2,118 | 3.5695 GBP | ||||
10p ordinary | Purchase | 1,975 | 3.5240 GBP | ||||
10p ordinary | Purchase | 1,939 | 3.5120 GBP | ||||
10p ordinary | Purchase | 1,929 | 3.5140 GBP | ||||
10p ordinary | Purchase | 1,926 | 3.5705 GBP | ||||
10p ordinary | Purchase | 1,714 | 3.5459 GBP | ||||
10p ordinary | Purchase | 1,639 | 3.5734 GBP | ||||
10p ordinary | Purchase | 1,499 | 3.5190 GBP | ||||
10p ordinary | Purchase | 1,386 | 3.5220 GBP | ||||
10p ordinary | Purchase | 1,015 | 3.5180 GBP | ||||
10p ordinary | Purchase | 922 | 3.5100 GBP | ||||
10p ordinary | Purchase | 813 | 3.5460 GBP | ||||
10p ordinary | Purchase | 767 | 3.5084 GBP | ||||
10p ordinary | Purchase | 706 | 3.5637 GBP | ||||
10p ordinary | Purchase | 526 | 3.5660 GBP | ||||
10p ordinary | Purchase | 336 | 3.5722 GBP | ||||
10p ordinary | Purchase | 192 | 3.5655 GBP | ||||
10p ordinary | Purchase | 42 | 3.5040 GBP | ||||
10p ordinary | Sale | 500,000 | 3.5742 GBP | ||||
10p ordinary | Sale | 381,444 | 3.5177 GBP | ||||
10p ordinary | Sale | 250,000 | 3.5583 GBP | ||||
10p ordinary | Sale | 170,680 | 3.5219 GBP | ||||
10p ordinary | Sale | 144,877 | 3.5060 GBP | ||||
10p ordinary | Sale | 126,750 | 3.5218 GBP | ||||
10p ordinary | Sale | 85,622 | 3.5258 GBP | ||||
10p ordinary | Sale | 45,882 | 3.5508 GBP | ||||
10p ordinary | Sale | 38,498 | 3.5676 GBP | ||||
10p ordinary | Sale | 27,143 | 3.5262 GBP | ||||
10p ordinary | Sale | 26,335 | 3.5663 GBP | ||||
10p ordinary | Sale | 25,865 | 3.5243 GBP | ||||
10p ordinary | Sale | 20,655 | 3.5284 GBP | ||||
10p ordinary | Sale | 16,107 | 3.5274 GBP | ||||
10p ordinary | Sale | 15,988 | 3.5368 GBP | ||||
10p ordinary | Sale | 13,667 | 3.5253 GBP | ||||
10p ordinary | Sale | 12,674 | 3.5414 GBP | ||||
10p ordinary | Sale | 10,053 | 3.5489 GBP | ||||
10p ordinary | Sale | 7,871 | 3.5183 GBP | ||||
10p ordinary | Sale | 6,857 | 3.5276 GBP | ||||
10p ordinary | Sale | 6,504 | 3.5687 GBP | ||||
10p ordinary | Sale | 6,189 | 3.5200 GBP | ||||
10p ordinary | Sale | 5,911 | 3.5166 GBP | ||||
10p ordinary | Sale | 5,527 | 3.5740 GBP | ||||
10p ordinary | Sale | 4,595 | 3.5721 GBP | ||||
10p ordinary | Sale | 4,167 | 3.5700 GBP | ||||
10p ordinary | Sale | 4,101 | 3.5760 GBP | ||||
10p ordinary | Sale | 3,652 | 3.5337 GBP | ||||
10p ordinary | Sale | 3,179 | 3.5140 GBP | ||||
10p ordinary | Sale | 2,463 | 3.5187 GBP | ||||
10p ordinary | Sale | 2,454 | 3.5120 GBP | ||||
10p ordinary | Sale | 1,975 | 3.5240 GBP | ||||
10p ordinary | Sale | 1,847 | 3.5728 GBP | ||||
10p ordinary | Sale | 1,788 | 3.5180 GBP | ||||
10p ordinary | Sale | 1,700 | 3.5309 GBP | ||||
10p ordinary | Sale | 1,517 | 3.5250 GBP | ||||
10p ordinary | Sale | 1,386 | 3.5220 GBP | ||||
10p ordinary | Sale | 1,049 | 3.5720 GBP | ||||
10p ordinary | Sale | 935 | 3.5655 GBP | ||||
10p ordinary | Sale | 922 | 3.5100 GBP | ||||
10p ordinary | Sale | 879 | 3.5724 GBP | ||||
10p ordinary | Sale | 527 | 3.5920 GBP | ||||
10p ordinary | Sale | 87 | 3.5040 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 Long | 97 | 3.5700 GBP | |||
10p ordinary | SWAP | Closing Long | 192 | 3.5655 GBP | |||
10p ordinary | SWAP | Closing Long | 329 | 3.5742 GBP | |||
10p ordinary | SWAP | Closing Long | 336 | 3.5722 GBP | |||
10p ordinary | SWAP | Closing Long | 706 | 3.5637 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,121 | 3.5220 GBP | |||
10p ordinary | SWAP | Decreasing Long | 13,662 | 3.5237 GBP | |||
10p ordinary | SWAP | Decreasing Long | 14,223 | 3.5289 GBP | |||
10p ordinary | SWAP | Decreasing Long | 22,500 | 3.5690 GBP | |||
10p ordinary | SWAP | Decreasing Short | 804 | 3.5240 GBP | |||
10p ordinary | SWAP | Decreasing Short | 935 | 3.5655 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,847 | 3.5728 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,652 | 3.5337 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,820 | 3.5060 GBP | |||
10p ordinary | CFD | Decreasing Short | 5,847 | 3.5919 GBP | |||
10p ordinary | CFD | Decreasing Short | 23,980 | 3.5233 GBP | |||
10p ordinary | SWAP | Decreasing Short | 26,335 | 3.5663 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29,163 | 3.5518 GBP | |||
10p ordinary | SWAP | Decreasing Short | 31,806 | 3.5457 GBP | |||
10p ordinary | SWAP | Decreasing Short | 72,623 | 3.5060 GBP | |||
10p ordinary | SWAP | Decreasing Short | 85,622 | 3.5258 GBP | |||
10p ordinary | CFD | Decreasing Short | 92,306 | 3.5059 GBP | |||
10p ordinary | SWAP | Decreasing Short | 170,518 | 3.5269 GBP | |||
10p ordinary | SWAP | Decreasing Short | 182,948 | 3.5273 GBP | |||
10p ordinary | SWAP | Decreasing Short | 250,000 | 3.5582 GBP | |||
10p ordinary | SWAP | Decreasing Short | 500,000 | 3.5742 GBP | |||
10p ordinary | SWAP | Increasing Long | 6,504 | 3.5687 GBP | |||
10p ordinary | SWAP | Increasing Short | 526 | 3.5660 GBP | |||
10p ordinary | CFD | Increasing Short | 1,078 | 3.5059 GBP | |||
10p ordinary | CFD | Increasing Short | 1,526 | 3.5417 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,118 | 3.5695 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,067 | 3.5366 GBP | |||
10p ordinary | CFD | Increasing Short | 3,820 | 3.5060 GBP | |||
10p ordinary | CFD | Increasing Short | 5,847 | 3.5919 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,134 | 3.5276 GBP | |||
10p ordinary | SWAP | Increasing Short | 9,155 | 3.5207 GBP | |||
10p ordinary | CFD | Increasing Short | 14,332 | 3.5361 GBP | |||
10p ordinary | CFD | Increasing Short | 36,117 | 3.5063 GBP | |||
10p ordinary | SWAP | Increasing Short | 97,007 | 3.5268 GBP | |||
10p ordinary | SWAP | Increasing Short | 574,067 | 3.5060 GBP | |||
10p ordinary | SWAP | Opening Short | 39,366 | 3.5691 GBP | |||
10p ordinary | SWAP | Opening Short | 40,472 | 3.5060 GBP | |||
10p ordinary | SWAP | Opening Short | 79,838 | 3.5319 GBP | |||
10p ordinary | SWAP | Opening Short | 310,828 | 3.5171 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: | 14 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)