11th Nov 2024 15:23
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: | 08 Nov 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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| 23,053,829 | 1.66% | 23,320,385 | 1.68% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,975,496 | 0.87% | 22,278,413 | 1.61% |
(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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| 35,029,325 | 2.53% | 45,598,798 | 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 |
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10p ordinary | Purchase | 305,218 | 5.6566 GBP | ||||
10p ordinary | Purchase | 128,329 | 5.6636 GBP | ||||
10p ordinary | Purchase | 83,193 | 5.6646 GBP | ||||
10p ordinary | Purchase | 74,378 | 5.6550 GBP | ||||
10p ordinary | Purchase | 58,909 | 5.6561 GBP | ||||
10p ordinary | Purchase | 56,023 | 5.6654 GBP | ||||
10p ordinary | Purchase | 22,075 | 5.6678 GBP | ||||
10p ordinary | Purchase | 7,667 | 5.6757 GBP | ||||
10p ordinary | Purchase | 7,120 | 5.6552 GBP | ||||
10p ordinary | Purchase | 4,710 | 5.6755 GBP | ||||
10p ordinary | Purchase | 2,998 | 5.6695 GBP | ||||
10p ordinary | Purchase | 2,668 | 5.6839 GBP | ||||
10p ordinary | Purchase | 2,583 | 5.6689 GBP | ||||
10p ordinary | Purchase | 2,120 | 5.6640 GBP | ||||
10p ordinary | Purchase | 1,660 | 5.6450 GBP | ||||
10p ordinary | Purchase | 1,151 | 5.6850 GBP | ||||
10p ordinary | Purchase | 898 | 5.6776 GBP | ||||
10p ordinary | Purchase | 299 | 5.6600 GBP | ||||
10p ordinary | Purchase | 219 | 5.6725 GBP | ||||
10p ordinary | Purchase | 174 | 5.7075 GBP | ||||
10p ordinary | Purchase | 30 | 5.6694 GBP | ||||
10p ordinary | Sale | 300,000 | 5.6702 GBP | ||||
10p ordinary | Sale | 208,559 | 5.6550 GBP | ||||
10p ordinary | Sale | 38,000 | 5.6485 GBP | ||||
10p ordinary | Sale | 17,989 | 5.6733 GBP | ||||
10p ordinary | Sale | 9,858 | 5.6559 GBP | ||||
10p ordinary | Sale | 9,568 | 5.6528 GBP | ||||
10p ordinary | Sale | 7,667 | 5.6757 GBP | ||||
10p ordinary | Sale | 7,387 | 5.6628 GBP | ||||
10p ordinary | Sale | 7,130 | 5.6698 GBP | ||||
10p ordinary | Sale | 6,217 | 5.6636 GBP | ||||
10p ordinary | Sale | 4,811 | 5.6758 GBP | ||||
10p ordinary | Sale | 4,284 | 5.6542 GBP | ||||
10p ordinary | Sale | 3,707 | 5.6538 GBP | ||||
10p ordinary | Sale | 3,553 | 5.6647 GBP | ||||
10p ordinary | Sale | 2,287 | 5.6607 GBP | ||||
10p ordinary | Sale | 2,054 | 5.6507 GBP | ||||
10p ordinary | Sale | 1,660 | 5.6450 GBP | ||||
10p ordinary | Sale | 1,517 | 5.6451 GBP | ||||
10p ordinary | Sale | 1,493 | 5.6400 GBP | ||||
10p ordinary | Sale | 1,267 | 5.7038 GBP | ||||
10p ordinary | Sale | 1,086 | 5.6677 GBP | ||||
10p ordinary | Sale | 712 | 5.6484 GBP | ||||
10p ordinary | Sale | 683 | 5.6850 GBP | ||||
10p ordinary | Sale | 245 | 5.6900 GBP | ||||
10p ordinary | Sale | 174 | 5.7080 GBP | ||||
10p ordinary | Sale | 66 | 5.7050 GBP | ||||
10p ordinary | Sale | 30 | 5.6700 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 |
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security |
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10p ordinary | SWAP | Decreasing Short | 26,718 | 5.6590 GBP | |||
10p ordinary | SWAP | Decreasing Short | 712 | 5.6484 GBP | |||
10p ordinary | SWAP | Decreasing Short | 38,000 | 5.6485 USD | |||
10p ordinary | SWAP | Decreasing Short | 2,054 | 5.6507 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,707 | 5.6538 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,284 | 5.6542 GBP | |||
10p ordinary | SWAP | Decreasing Short | 31,306 | 5.6547 GBP | |||
10p ordinary | SWAP | Decreasing Short | 175,349 | 5.6550 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,181 | 5.6559 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,287 | 5.6607 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,217 | 5.6636 GBP | |||
10p ordinary | SWAP | Decreasing Short | 300,000 | 5.6702 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,108 | 5.8100 GBP | |||
10p ordinary | SWAP | Increasing Short | 118,071 | 5.6550 GBP | |||
10p ordinary | SWAP | Increasing Short | 57,581 | 5.6552 GBP | |||
10p ordinary | SWAP | Increasing Short | 58,909 | 5.6561 GBP | |||
10p ordinary | SWAP | Increasing Short | 208,180 | 5.6573 GBP | |||
10p ordinary | SWAP | Increasing Short | 128,329 | 5.6636 GBP | |||
10p ordinary | SWAP | Increasing Short | 83,193 | 5.6646 GBP | |||
10p ordinary | SWAP | Increasing Short | 56,023 | 5.6654 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,318 | 5.6669 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,998 | 5.6695 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,695 | 5.6720 GBP | |||
10p ordinary | SWAP | Increasing Short | 153,700 | 5.7673 USD | |||
10p ordinary | CFD | Decreasing Short | 7,667 | 5.6757 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,469 | 5.6983 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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| relates |
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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: | 11 Nov 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)