2nd Sep 2024 15:35
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): |
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(c) | Name of offeror/offeree in relation to whose relevant securities this form relates: | DS SMITH PLC | |||||
(d) | If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
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(e) | Date position held/dealing undertaken: | 30 Aug 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? | YES: 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: | 32,754,266 | 2.37% | 28,414,903 | 2.06% | |||
(2) Cash-settled derivatives: | 11,106,047 | 0.80% | 32,880,345 | 2.38% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 43,860,313 | 3.18% | 61,295,248 | 4.44% | |||
(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 PERSON MAKING THE DISCLOSURE | ||||||
(a) | Purchase and sales | ||||||
Class of relevant security | Purchase/sale | Number of securities | Price per unit | ||||
10p ordinary | Purchase | 1,649,328 | 4.6795 GBP | ||||
10p ordinary | Purchase | 717,750 | 4.6809 GBP | ||||
10p ordinary | Purchase | 675,618 | 4.6797 GBP | ||||
10p ordinary | Purchase | 574,960 | 4.5615 GBP | ||||
10p ordinary | Purchase | 354,753 | 4.6800 GBP | ||||
10p ordinary | Purchase | 175,967 | 4.6799 GBP | ||||
10p ordinary | Purchase | 125,832 | 4.7022 GBP | ||||
10p ordinary | Purchase | 67,058 | 4.6848 GBP | ||||
10p ordinary | Purchase | 47,639 | 4.7014 GBP | ||||
10p ordinary | Purchase | 45,533 | 4.6980 GBP | ||||
10p ordinary | Purchase | 39,110 | 4.6950 GBP | ||||
10p ordinary | Purchase | 23,157 | 4.6796 GBP | ||||
10p ordinary | Purchase | 20,106 | 4.6903 GBP | ||||
10p ordinary | Purchase | 17,404 | 4.6899 GBP | ||||
10p ordinary | Purchase | 15,702 | 4.6823 GBP | ||||
10p ordinary | Purchase | 8,321 | 4.6981 GBP | ||||
10p ordinary | Purchase | 7,735 | 4.6962 GBP | ||||
10p ordinary | Purchase | 6,836 | 4.6875 GBP | ||||
10p ordinary | Purchase | 6,096 | 4.7033 GBP | ||||
10p ordinary | Purchase | 5,450 | 4.6948 GBP | ||||
10p ordinary | Purchase | 4,818 | 4.6811 GBP | ||||
10p ordinary | Purchase | 4,452 | 4.7005 GBP | ||||
10p ordinary | Purchase | 4,374 | 4.7063 GBP | ||||
10p ordinary | Purchase | 4,041 | 4.6852 GBP | ||||
10p ordinary | Purchase | 3,700 | 4.7032 GBP | ||||
10p ordinary | Purchase | 2,842 | 4.6701 GBP | ||||
10p ordinary | Purchase | 2,696 | 4.7019 GBP | ||||
10p ordinary | Purchase | 2,593 | 4.6678 GBP | ||||
10p ordinary | Purchase | 2,176 | 4.7000 GBP | ||||
10p ordinary | Purchase | 2,160 | 4.6519 GBP | ||||
10p ordinary | Purchase | 1,862 | 4.6761 GBP | ||||
10p ordinary | Purchase | 1,828 | 4.6760 GBP | ||||
10p ordinary | Purchase | 1,752 | 4.6718 GBP | ||||
10p ordinary | Purchase | 1,499 | 4.7039 GBP | ||||
10p ordinary | Purchase | 1,210 | 4.6854 GBP | ||||
10p ordinary | Purchase | 960 | 4.7060 GBP | ||||
10p ordinary | Purchase | 904 | 4.6940 GBP | ||||
10p ordinary | Purchase | 830 | 4.7080 GBP | ||||
10p ordinary | Purchase | 728 | 4.6540 GBP | ||||
10p ordinary | Purchase | 574 | 4.6660 GBP | ||||
10p ordinary | Purchase | 522 | 4.6991 GBP | ||||
10p ordinary | Purchase | 482 | 4.6880 GBP | ||||
10p ordinary | Purchase | 401 | 4.6680 GBP | ||||
10p ordinary | Purchase | 259 | 4.6860 GBP | ||||
10p ordinary | Purchase | 243 | 4.6840 GBP | ||||
10p ordinary | Purchase | 121 | 4.6974 GBP | ||||
10p ordinary | Sale | 1,271,575 | 4.6798 GBP | ||||
10p ordinary | Sale | 1,258,705 | 4.6803 GBP | ||||
10p ordinary | Sale | 902,407 | 4.6800 GBP | ||||
10p ordinary | Sale | 579,979 | 4.6809 GBP | ||||
10p ordinary | Sale | 214,796 | 4.6818 GBP | ||||
10p ordinary | Sale | 81,241 | 4.6799 GBP | ||||
10p ordinary | Sale | 47,639 | 4.7014 GBP | ||||
10p ordinary | Sale | 26,467 | 4.6988 GBP | ||||
10p ordinary | Sale | 18,455 | 4.6704 GBP | ||||
10p ordinary | Sale | 18,096 | 4.6911 GBP | ||||
10p ordinary | Sale | 16,647 | 4.6930 GBP | ||||
10p ordinary | Sale | 11,479 | 4.6947 GBP | ||||
10p ordinary | Sale | 10,011 | 4.6986 GBP | ||||
10p ordinary | Sale | 9,580 | 4.7000 GBP | ||||
10p ordinary | Sale | 9,299 | 4.6982 GBP | ||||
10p ordinary | Sale | 8,835 | 4.6885 GBP | ||||
10p ordinary | Sale | 8,772 | 4.6876 GBP | ||||
10p ordinary | Sale | 7,295 | 4.6942 GBP | ||||
10p ordinary | Sale | 4,566 | 4.6962 GBP | ||||
10p ordinary | Sale | 3,482 | 4.7022 GBP | ||||
10p ordinary | Sale | 3,409 | 4.6996 GBP | ||||
10p ordinary | Sale | 2,655 | 4.7003 GBP | ||||
10p ordinary | Sale | 2,455 | 4.6797 GBP | ||||
10p ordinary | Sale | 2,416 | 4.6951 GBP | ||||
10p ordinary | Sale | 2,415 | 4.6901 GBP | ||||
10p ordinary | Sale | 2,203 | 4.7010 GBP | ||||
10p ordinary | Sale | 1,595 | 4.6950 GBP | ||||
10p ordinary | Sale | 1,458 | 4.6766 GBP | ||||
10p ordinary | Sale | 1,217 | 4.6757 GBP | ||||
10p ordinary | Sale | 1,130 | 4.6920 GBP | ||||
10p ordinary | Sale | 1,093 | 4.6980 GBP | ||||
10p ordinary | Sale | 960 | 4.7060 GBP | ||||
10p ordinary | Sale | 930 | 4.6860 GBP | ||||
10p ordinary | Sale | 904 | 4.6940 GBP | ||||
10p ordinary | Sale | 769 | 4.7040 GBP | ||||
10p ordinary | Sale | 728 | 4.6540 GBP | ||||
10p ordinary | Sale | 616 | 4.6760 GBP | ||||
10p ordinary | Sale | 616 | 4.6764 GBP | ||||
10p ordinary | Sale | 574 | 4.6660 GBP | ||||
10p ordinary | Sale | 482 | 4.6880 GBP | ||||
10p ordinary | Sale | 383 | 4.6826 GBP | ||||
10p ordinary | Sale | 243 | 4.6840 GBP | ||||
10p ordinary | Sale | 1 | 4.7044 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
10p ordinary | CFD | Decreasing Short | 590,514 | 4.6798 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,407 | 4.6800 GBP | |||
10p ordinary | CFD | Decreasing Short | 550 | 4.6920 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,033 | 4.6936 GBP | |||
10p ordinary | CFD | Increasing Short | 57,729 | 4.6800 GBP | |||
10p ordinary | CFD | Increasing Short | 550 | 4.6920 GBP | |||
10p ordinary | CFD | Increasing Short | 5,480 | 4.6967 GBP | |||
10p ordinary | CFD | Increasing Short | 121 | 4.6974 GBP | |||
10p ordinary | CFD | Increasing Short | 47,639 | 4.7014 GBP | |||
10p ordinary | SWAP | Opening Long | 12,652 | 4.6800 GBP | |||
10p ordinary | SWAP | Opening Short | 30,381 | 4.6972 GBP | |||
10p ordinary | SWAP | Decreasing Short | 33,674 | 4.6800 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,158 | 4.6811 GBP | |||
10p ordinary | SWAP | Increasing Short | 56,735 | 4.6834 GBP | |||
10p ordinary | SWAP | Increasing Long | 2,098 | 4.6790 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1 | 4.6520 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,455 | 4.6704 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,458 | 4.6766 GBP | |||
10p ordinary | SWAP | Decreasing Short | 26,984 | 4.6790 GBP | |||
10p ordinary | SWAP | Decreasing Short | 88,400 | 4.6800 GBP | |||
10p ordinary | SWAP | Decreasing Short | 25,509 | 4.6807 GBP | |||
10p ordinary | SWAP | Decreasing Short | 383 | 4.6826 GBP | |||
10p ordinary | SWAP | Decreasing Short | 128 | 4.6920 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,572 | 4.6625 GBP | |||
10p ordinary | SWAP | Increasing Short | 409,108 | 4.6800 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,818 | 4.6811 GBP | |||
10p ordinary | SWAP | Increasing Short | 67,058 | 4.6849 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,728 | 4.6885 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,479 | 4.6947 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,041 | 4.6852 GBP | |||
10p ordinary | SWAP | Decreasing Short | 53,969 | 4.6790 GBP | |||
10p ordinary | SWAP | Decreasing Short | 153,079 | 4.6818 GBP | |||
10p ordinary | SWAP | Decreasing Short | 133 | 4.6920 GBP | |||
10p ordinary | SWAP | Increasing Short | 311,116 | 4.6800 GBP | |||
10p ordinary | SWAP | Increasing Short | 20,921 | 4.6907 GBP | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | Option money paid/ received per unit |
(ii) | Exercising |
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Class of relevant security | Product description | Exercising/ exercised against | Number of securities | Exercise price per unit | |||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant security | Nature of Dealings | Details | Price per unit (if 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 person 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 |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 02 Sep 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)