7th May 2024 13:09
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: | 03 May 2024 | |||||
(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: |
|
| 21,798,209 | 1.58% | 9,147,390 | 0.66% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 8,005,489 | 0.58% | 19,949,854 | 1.45% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 29,803,698 | 2.16% | 29,097,244 | 2.11% |
(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 | 358,875 | 3.6014 GBP | ||||
10p ordinary | Purchase | 347,843 | 3.5728 GBP | ||||
10p ordinary | Purchase | 145,727 | 3.6021 GBP | ||||
10p ordinary | Purchase | 118,941 | 3.6160 GBP | ||||
10p ordinary | Purchase | 75,025 | 3.6063 GBP | ||||
10p ordinary | Purchase | 49,401 | 3.6117 GBP | ||||
10p ordinary | Purchase | 37,972 | 3.5778 GBP | ||||
10p ordinary | Purchase | 30,004 | 3.5989 GBP | ||||
10p ordinary | Purchase | 22,583 | 3.5787 GBP | ||||
10p ordinary | Purchase | 21,507 | 3.5776 GBP | ||||
10p ordinary | Purchase | 13,526 | 3.5748 GBP | ||||
10p ordinary | Purchase | 10,133 | 3.5794 GBP | ||||
10p ordinary | Purchase | 9,447 | 3.5847 GBP | ||||
10p ordinary | Purchase | 8,190 | 3.5798 GBP | ||||
10p ordinary | Purchase | 4,165 | 3.5797 GBP | ||||
10p ordinary | Purchase | 4,022 | 3.5723 GBP | ||||
10p ordinary | Purchase | 2,630 | 3.5814 GBP | ||||
10p ordinary | Purchase | 2,442 | 3.5888 GBP | ||||
10p ordinary | Purchase | 1,512 | 3.5860 GBP | ||||
10p ordinary | Purchase | 1,356 | 3.5620 GBP | ||||
10p ordinary | Purchase | 1,346 | 3.5590 GBP | ||||
10p ordinary | Purchase | 1,306 | 3.5834 GBP | ||||
10p ordinary | Purchase | 1,060 | 3.5800 GBP | ||||
10p ordinary | Purchase | 770 | 3.5760 GBP | ||||
10p ordinary | Purchase | 750 | 3.6080 GBP | ||||
10p ordinary | Purchase | 16 | 3.6134 GBP | ||||
10p ordinary | Purchase | 5 | 3.5910 GBP | ||||
10p ordinary | Sale | 1,525,138 | 3.6160 GBP | ||||
10p ordinary | Sale | 639,599 | 3.6141 GBP | ||||
10p ordinary | Sale | 167,599 | 3.5928 GBP | ||||
10p ordinary | Sale | 98,900 | 3.5795 GBP | ||||
10p ordinary | Sale | 82,403 | 3.6159 GBP | ||||
10p ordinary | Sale | 61,455 | 3.5982 GBP | ||||
10p ordinary | Sale | 53,039 | 3.6161 GBP | ||||
10p ordinary | Sale | 32,765 | 3.6009 GBP | ||||
10p ordinary | Sale | 18,416 | 3.6014 GBP | ||||
10p ordinary | Sale | 13,857 | 3.5872 GBP | ||||
10p ordinary | Sale | 12,047 | 3.5962 GBP | ||||
10p ordinary | Sale | 11,749 | 3.5977 GBP | ||||
10p ordinary | Sale | 11,699 | 3.6027 GBP | ||||
10p ordinary | Sale | 10,587 | 3.6020 GBP | ||||
10p ordinary | Sale | 10,472 | 3.5883 GBP | ||||
10p ordinary | Sale | 8,392 | 3.6011 GBP | ||||
10p ordinary | Sale | 7,263 | 3.6018 GBP | ||||
10p ordinary | Sale | 5,846 | 3.5680 GBP | ||||
10p ordinary | Sale | 5,776 | 3.6024 GBP | ||||
10p ordinary | Sale | 5,758 | 3.5732 GBP | ||||
10p ordinary | Sale | 5,539 | 3.5879 GBP | ||||
10p ordinary | Sale | 5,417 | 3.6026 GBP | ||||
10p ordinary | Sale | 4,375 | 3.5875 GBP | ||||
10p ordinary | Sale | 3,427 | 3.5870 GBP | ||||
10p ordinary | Sale | 3,412 | 3.5708 GBP | ||||
10p ordinary | Sale | 2,844 | 3.6019 GBP | ||||
10p ordinary | Sale | 2,371 | 3.6004 GBP | ||||
10p ordinary | Sale | 2,054 | 3.6074 GBP | ||||
10p ordinary | Sale | 1,709 | 3.5811 GBP | ||||
10p ordinary | Sale | 1,671 | 3.6010 GBP | ||||
10p ordinary | Sale | 1,554 | 3.6070 GBP | ||||
10p ordinary | Sale | 1,534 | 3.5846 GBP | ||||
10p ordinary | Sale | 1,090 | 3.5730 GBP | ||||
10p ordinary | Sale | 997 | 3.5720 GBP | ||||
10p ordinary | Sale | 863 | 3.5981 GBP | ||||
10p ordinary | Sale | 807 | 3.5920 GBP | ||||
10p ordinary | Sale | 680 | 3.5983 GBP | ||||
10p ordinary | Sale | 670 | 3.5747 GBP | ||||
10p ordinary | Sale | 517 | 3.5711 GBP | ||||
10p ordinary | Sale | 160 | 3.6080 GBP | ||||
10p ordinary | Sale | 1 | 3.5863 GBP | ||||
10p ordinary | Sale | 9 | 3.6134 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 Long | 8,483 | 3.6003 GBP | |||
10p ordinary | SWAP | Decreasing Long | 21,521 | 3.5984 GBP | |||
10p ordinary | SWAP | Decreasing Long | 22,583 | 3.5787 GBP | |||
10p ordinary | CFD | Decreasing Short | 2 | 3.6150 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,412 | 3.5708 GBP | |||
10p ordinary | CFD | Decreasing Short | 5,846 | 3.5680 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,812 | 3.5989 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,749 | 3.5977 GBP | |||
10p ordinary | SWAP | Decreasing Short | 28,795 | 3.6144 GBP | |||
10p ordinary | SWAP | Decreasing Short | 49,955 | 3.5948 GBP | |||
10p ordinary | CFD | Decreasing Short | 50,000 | 3.6157 GBP | |||
10p ordinary | CFD | Decreasing Short | 65,417 | 3.6014 GBP | |||
10p ordinary | CFD | Decreasing Short | 92,514 | 3.6100 GBP | |||
10p ordinary | SWAP | Decreasing Short | 167,599 | 3.5928 GBP | |||
10p ordinary | SWAP | Decreasing Short | 441,295 | 3.6160 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,505,670 | 3.6160 GBP | |||
10p ordinary | SWAP | Increasing Short | 218 | 3.5520 GBP | |||
10p ordinary | SWAP | Increasing Short | 770 | 3.5760 GBP | |||
10p ordinary | SWAP | Increasing Short | 898 | 3.6080 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,511 | 3.5860 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,754 | 3.5797 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,164 | 3.6063 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,507 | 3.5776 GBP | |||
10p ordinary | CFD | Increasing Short | 32,896 | 3.5762 GBP | |||
10p ordinary | SWAP | Increasing Short | 49,401 | 3.6117 GBP | |||
10p ordinary | CFD | Increasing Short | 84,358 | 3.6160 GBP | |||
10p ordinary | SWAP | Increasing Short | 347,843 | 3.5728 GBP | |||
10p ordinary | SWAP | Increasing Short | 358,875 | 3.6014 GBP | |||
10p ordinary | SWAP | Opening Long | 67,375 | 3.5936 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: | 07 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Shares:
BarclaysSmith (DS)