23rd May 2024 14:32
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: | 22 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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| 27,096,755 | 1.96% | 19,673,876 | 1.43% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,475,804 | 0.61% | 25,735,000 | 1.87% |
(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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| 35,572,559 | 2.58% | 45,408,876 | 3.29% |
(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 | 547,562 | 3.7680 GBP | ||||
10p ordinary | Purchase | 450,000 | 3.7343 GBP | ||||
10p ordinary | Purchase | 344,803 | 3.7585 GBP | ||||
10p ordinary | Purchase | 144,781 | 3.7355 GBP | ||||
10p ordinary | Purchase | 129,918 | 3.7060 GBP | ||||
10p ordinary | Purchase | 126,175 | 3.7080 GBP | ||||
10p ordinary | Purchase | 125,000 | 3.7085 GBP | ||||
10p ordinary | Purchase | 125,000 | 3.7087 GBP | ||||
10p ordinary | Purchase | 125,000 | 3.6927 GBP | ||||
10p ordinary | Purchase | 125,000 | 3.6928 GBP | ||||
10p ordinary | Purchase | 125,000 | 3.7119 GBP | ||||
10p ordinary | Purchase | 125,000 | 3.6963 GBP | ||||
10p ordinary | Purchase | 125,000 | 3.7100 GBP | ||||
10p ordinary | Purchase | 84,312 | 3.7109 GBP | ||||
10p ordinary | Purchase | 70,973 | 3.6884 GBP | ||||
10p ordinary | Purchase | 65,564 | 3.7466 GBP | ||||
10p ordinary | Purchase | 43,185 | 3.7360 GBP | ||||
10p ordinary | Purchase | 28,755 | 3.7357 GBP | ||||
10p ordinary | Purchase | 24,771 | 3.7241 GBP | ||||
10p ordinary | Purchase | 23,259 | 3.7361 GBP | ||||
10p ordinary | Purchase | 20,117 | 3.7312 GBP | ||||
10p ordinary | Purchase | 19,275 | 3.7370 GBP | ||||
10p ordinary | Purchase | 19,071 | 3.6944 GBP | ||||
10p ordinary | Purchase | 18,699 | 3.7368 GBP | ||||
10p ordinary | Purchase | 17,800 | 3.7341 GBP | ||||
10p ordinary | Purchase | 16,869 | 3.7464 GBP | ||||
10p ordinary | Purchase | 12,070 | 3.6733 GBP | ||||
10p ordinary | Purchase | 11,326 | 3.7383 GBP | ||||
10p ordinary | Purchase | 8,325 | 3.7261 GBP | ||||
10p ordinary | Purchase | 6,075 | 3.7338 GBP | ||||
10p ordinary | Purchase | 5,799 | 3.6871 GBP | ||||
10p ordinary | Purchase | 5,294 | 3.6899 GBP | ||||
10p ordinary | Purchase | 3,867 | 3.7253 GBP | ||||
10p ordinary | Purchase | 3,484 | 3.7400 GBP | ||||
10p ordinary | Purchase | 2,442 | 3.6814 GBP | ||||
10p ordinary | Purchase | 1,513 | 3.6900 GBP | ||||
10p ordinary | Purchase | 1,483 | 3.6904 GBP | ||||
10p ordinary | Purchase | 1,085 | 3.7440 GBP | ||||
10p ordinary | Purchase | 905 | 3.7449 GBP | ||||
10p ordinary | Purchase | 780 | 3.6740 GBP | ||||
10p ordinary | Purchase | 771 | 3.6660 GBP | ||||
10p ordinary | Purchase | 762 | 3.7180 GBP | ||||
10p ordinary | Purchase | 725 | 3.6400 GBP | ||||
10p ordinary | Purchase | 601 | 3.7040 GBP | ||||
10p ordinary | Purchase | 485 | 3.6960 GBP | ||||
10p ordinary | Purchase | 400 | 3.7510 GBP | ||||
10p ordinary | Purchase | 301 | 3.7320 GBP | ||||
10p ordinary | Purchase | 1 | 3.7669 GBP | ||||
10p ordinary | Sale | 1,963,795 | 3.7648 GBP | ||||
10p ordinary | Sale | 589,838 | 3.7291 GBP | ||||
10p ordinary | Sale | 315,661 | 3.7063 GBP | ||||
10p ordinary | Sale | 306,027 | 3.7015 GBP | ||||
10p ordinary | Sale | 239,045 | 3.7375 GBP | ||||
10p ordinary | Sale | 236,559 | 3.7078 GBP | ||||
10p ordinary | Sale | 232,638 | 3.7677 GBP | ||||
10p ordinary | Sale | 232,369 | 3.6460 GBP | ||||
10p ordinary | Sale | 129,639 | 3.7293 GBP | ||||
10p ordinary | Sale | 108,020 | 3.7680 GBP | ||||
10p ordinary | Sale | 88,807 | 3.7401 GBP | ||||
10p ordinary | Sale | 87,317 | 3.7382 GBP | ||||
10p ordinary | Sale | 86,465 | 3.6965 GBP | ||||
10p ordinary | Sale | 81,422 | 3.7359 GBP | ||||
10p ordinary | Sale | 74,976 | 3.7119 GBP | ||||
10p ordinary | Sale | 43,778 | 3.7286 GBP | ||||
10p ordinary | Sale | 42,772 | 3.7273 GBP | ||||
10p ordinary | Sale | 27,190 | 3.7239 GBP | ||||
10p ordinary | Sale | 14,040 | 3.6994 GBP | ||||
10p ordinary | Sale | 12,651 | 3.6952 GBP | ||||
10p ordinary | Sale | 11,379 | 3.7068 GBP | ||||
10p ordinary | Sale | 8,626 | 3.6960 GBP | ||||
10p ordinary | Sale | 7,342 | 3.6976 GBP | ||||
10p ordinary | Sale | 7,284 | 3.7396 GBP | ||||
10p ordinary | Sale | 4,792 | 3.7175 GBP | ||||
10p ordinary | Sale | 4,155 | 3.6980 GBP | ||||
10p ordinary | Sale | 3,998 | 3.6892 GBP | ||||
10p ordinary | Sale | 3,514 | 3.7115 GBP | ||||
10p ordinary | Sale | 3,225 | 3.7200 GBP | ||||
10p ordinary | Sale | 3,188 | 3.6920 GBP | ||||
10p ordinary | Sale | 2,507 | 3.6702 GBP | ||||
10p ordinary | Sale | 2,371 | 3.6808 GBP | ||||
10p ordinary | Sale | 2,069 | 3.7080 GBP | ||||
10p ordinary | Sale | 1,513 | 3.6900 GBP | ||||
10p ordinary | Sale | 1,369 | 3.7400 GBP | ||||
10p ordinary | Sale | 1,020 | 3.6500 GBP | ||||
10p ordinary | Sale | 787 | 3.6701 GBP | ||||
10p ordinary | Sale | 780 | 3.6740 GBP | ||||
10p ordinary | Sale | 771 | 3.6660 GBP | ||||
10p ordinary | Sale | 763 | 3.7380 GBP | ||||
10p ordinary | Sale | 762 | 3.7180 GBP | ||||
10p ordinary | Sale | 754 | 3.7100 GBP | ||||
10p ordinary | Sale | 725 | 3.6400 GBP | ||||
10p ordinary | Sale | 722 | 3.7440 GBP | ||||
10p ordinary | Sale | 601 | 3.7040 GBP | ||||
10p ordinary | Sale | 446 | 3.7395 GBP | ||||
10p ordinary | Sale | 48 | 3.7669 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 | Decreasing Long | 363 | 3.7440 GBP | |||
10p ordinary | SWAP | Decreasing Short | 712 | 3.7537 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,426 | 3.7510 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,371 | 3.6808 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,998 | 3.6892 GBP | |||
10p ordinary | CFD | Decreasing Short | 10,256 | 3.7374 GBP | |||
10p ordinary | SWAP | Decreasing Short | 50,127 | 3.7386 GBP | |||
10p ordinary | CFD | Decreasing Short | 60,484 | 3.7676 GBP | |||
10p ordinary | SWAP | Decreasing Short | 64,742 | 3.7328 GBP | |||
10p ordinary | SWAP | Decreasing Short | 87,317 | 3.7382 GBP | |||
10p ordinary | SWAP | Decreasing Short | 88,807 | 3.7400 GBP | |||
10p ordinary | CFD | Decreasing Short | 94,719 | 3.7680 GBP | |||
10p ordinary | SWAP | Decreasing Short | 232,025 | 3.7498 GBP | |||
10p ordinary | SWAP | Decreasing Short | 589,838 | 3.7291 GBP | |||
10p ordinary | SWAP | Decreasing Short | 604,712 | 3.7680 GBP | |||
10p ordinary | SWAP | Decreasing Short | 613,148 | 3.7680 GBP | |||
10p ordinary | SWAP | Increasing Long | 81,422 | 3.7359 GBP | |||
10p ordinary | SWAP | Increasing Long | 232,369 | 3.6460 GBP | |||
10p ordinary | SWAP | Increasing Short | 301 | 3.7320 GBP | |||
10p ordinary | SWAP | Increasing Short | 389 | 3.6400 GBP | |||
10p ordinary | CFD | Increasing Short | 394 | 3.7680 GBP | |||
10p ordinary | SWAP | Increasing Short | 400 | 3.7510 GBP | |||
10p ordinary | CFD | Increasing Short | 725 | 3.6400 GBP | |||
10p ordinary | SWAP | Increasing Short | 905 | 3.7449 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,190 | 3.7680 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,631 | 3.6812 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,904 | 3.6903 GBP | |||
10p ordinary | SWAP | Increasing Short | 16,869 | 3.7464 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,071 | 3.6944 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,288 | 3.6884 GBP | |||
10p ordinary | SWAP | Increasing Short | 49,685 | 3.6884 GBP | |||
10p ordinary | SWAP | Increasing Short | 63,648 | 3.7337 GBP | |||
10p ordinary | SWAP | Increasing Short | 65,564 | 3.7466 GBP | |||
10p ordinary | SWAP | Increasing Short | 84,312 | 3.7109 GBP | |||
10p ordinary | SWAP | Increasing Short | 135,000 | 3.7343 GBP | |||
10p ordinary | SWAP | Increasing Short | 149,827 | 3.7356 GBP | |||
10p ordinary | SWAP | Increasing Short | 315,000 | 3.7343 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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| 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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| securities | unit | |||
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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: | 23 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)