8th Oct 2024 14:11
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: | 07 Oct 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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| 28,432,433 | 2.06% | 25,362,363 | 1.84% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,592,350 | 0.84% | 27,335,157 | 1.98% |
(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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| 40,024,783 | 2.90% | 52,697,520 | 3.82% |
(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 | 349,044 | 4.5896 GBP | ||||
10p ordinary | Purchase | 300,000 | 4.5901 GBP | ||||
10p ordinary | Purchase | 300,000 | 4.5940 GBP | ||||
10p ordinary | Purchase | 250,391 | 4.5649 GBP | ||||
10p ordinary | Purchase | 95,391 | 4.5600 GBP | ||||
10p ordinary | Purchase | 68,985 | 4.5895 GBP | ||||
10p ordinary | Purchase | 60,309 | 4.5702 GBP | ||||
10p ordinary | Purchase | 57,719 | 4.5949 GBP | ||||
10p ordinary | Purchase | 21,034 | 4.5657 GBP | ||||
10p ordinary | Purchase | 18,358 | 4.5915 GBP | ||||
10p ordinary | Purchase | 15,815 | 4.5957 GBP | ||||
10p ordinary | Purchase | 14,163 | 4.5869 GBP | ||||
10p ordinary | Purchase | 10,372 | 4.5928 GBP | ||||
10p ordinary | Purchase | 9,936 | 4.5800 GBP | ||||
10p ordinary | Purchase | 7,912 | 4.6055 GBP | ||||
10p ordinary | Purchase | 6,574 | 4.6027 GBP | ||||
10p ordinary | Purchase | 5,949 | 4.6074 GBP | ||||
10p ordinary | Purchase | 4,949 | 4.6070 GBP | ||||
10p ordinary | Purchase | 3,851 | 4.6105 GBP | ||||
10p ordinary | Purchase | 2,756 | 4.5786 GBP | ||||
10p ordinary | Purchase | 2,666 | 4.5968 GBP | ||||
10p ordinary | Purchase | 2,650 | 4.5838 GBP | ||||
10p ordinary | Purchase | 2,587 | 4.5905 GBP | ||||
10p ordinary | Purchase | 2,282 | 4.5840 GBP | ||||
10p ordinary | Purchase | 2,267 | 4.5868 GBP | ||||
10p ordinary | Purchase | 1,043 | 4.6060 GBP | ||||
10p ordinary | Purchase | 896 | 4.6079 GBP | ||||
10p ordinary | Purchase | 745 | 4.5860 GBP | ||||
10p ordinary | Purchase | 347 | 4.5880 GBP | ||||
10p ordinary | Purchase | 96 | 4.6020 GBP | ||||
10p ordinary | Sale | 1,137,308 | 4.5841 GBP | ||||
10p ordinary | Sale | 568,985 | 4.5900 GBP | ||||
10p ordinary | Sale | 227,179 | 4.5762 GBP | ||||
10p ordinary | Sale | 214,396 | 4.5777 GBP | ||||
10p ordinary | Sale | 113,475 | 4.5930 GBP | ||||
10p ordinary | Sale | 100,228 | 4.5914 GBP | ||||
10p ordinary | Sale | 96,979 | 4.5908 GBP | ||||
10p ordinary | Sale | 71,040 | 4.5957 GBP | ||||
10p ordinary | Sale | 61,660 | 4.5898 GBP | ||||
10p ordinary | Sale | 56,067 | 4.5600 GBP | ||||
10p ordinary | Sale | 53,114 | 4.5590 GBP | ||||
10p ordinary | Sale | 28,938 | 4.5901 GBP | ||||
10p ordinary | Sale | 28,891 | 4.5969 GBP | ||||
10p ordinary | Sale | 26,943 | 4.5870 GBP | ||||
10p ordinary | Sale | 19,839 | 4.5920 GBP | ||||
10p ordinary | Sale | 17,524 | 4.5857 GBP | ||||
10p ordinary | Sale | 15,815 | 4.5962 GBP | ||||
10p ordinary | Sale | 15,803 | 4.5964 GBP | ||||
10p ordinary | Sale | 15,600 | 4.5796 GBP | ||||
10p ordinary | Sale | 12,317 | 4.5922 GBP | ||||
10p ordinary | Sale | 10,813 | 4.6030 GBP | ||||
10p ordinary | Sale | 9,458 | 4.5816 GBP | ||||
10p ordinary | Sale | 9,362 | 4.5975 GBP | ||||
10p ordinary | Sale | 9,332 | 4.6020 GBP | ||||
10p ordinary | Sale | 9,287 | 4.5944 GBP | ||||
10p ordinary | Sale | 9,132 | 4.5675 GBP | ||||
10p ordinary | Sale | 7,912 | 4.6059 GBP | ||||
10p ordinary | Sale | 7,458 | 4.5835 GBP | ||||
10p ordinary | Sale | 5,961 | 4.5931 GBP | ||||
10p ordinary | Sale | 5,805 | 4.5840 GBP | ||||
10p ordinary | Sale | 4,012 | 4.5932 GBP | ||||
10p ordinary | Sale | 3,851 | 4.6109 GBP | ||||
10p ordinary | Sale | 3,764 | 4.6010 GBP | ||||
10p ordinary | Sale | 3,283 | 4.6215 GBP | ||||
10p ordinary | Sale | 3,072 | 4.5935 GBP | ||||
10p ordinary | Sale | 2,491 | 4.5887 GBP | ||||
10p ordinary | Sale | 2,440 | 4.5924 GBP | ||||
10p ordinary | Sale | 2,353 | 4.5798 GBP | ||||
10p ordinary | Sale | 2,169 | 4.5895 GBP | ||||
10p ordinary | Sale | 1,819 | 4.5849 GBP | ||||
10p ordinary | Sale | 1,043 | 4.6060 GBP | ||||
10p ordinary | Sale | 896 | 4.6079 GBP | ||||
10p ordinary | Sale | 745 | 4.5860 GBP | ||||
10p ordinary | Sale | 595 | 4.5800 GBP | ||||
10p ordinary | Sale | 520 | 4.5939 GBP | ||||
10p ordinary | Sale | 413 | 4.6094 GBP | ||||
10p ordinary | Sale | 347 | 4.5884 GBP | ||||
10p ordinary | Sale | 16 | 4.6100 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 Short | 1,717,907 | 4.5788 USD | |||
10p ordinary | SWAP | Decreasing Short | 1,568,093 | 4.6296 USD | |||
10p ordinary | SWAP | Decreasing Short | 53,114 | 4.5590 GBP | |||
10p ordinary | SWAP | Decreasing Short | 57,969 | 4.5600 GBP | |||
10p ordinary | SWAP | Decreasing Short | 143,565 | 4.5780 GBP | |||
10p ordinary | SWAP | Decreasing Short | 38,513 | 4.5887 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,169 | 4.5895 GBP | |||
10p ordinary | SWAP | Decreasing Short | 96,979 | 4.5908 GBP | |||
10p ordinary | SWAP | Decreasing Short | 100,228 | 4.5914 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,012 | 4.5932 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,072 | 4.5935 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29,596 | 4.5943 GBP | |||
10p ordinary | SWAP | Decreasing Short | 71,040 | 4.5957 GBP | |||
10p ordinary | SWAP | Decreasing Short | 38 | 4.6640 GBP | |||
10p ordinary | SWAP | Increasing Short | 219,346 | 4.5600 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,268 | 4.5669 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,195 | 4.5765 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,737 | 4.5766 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,267 | 4.5868 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,163 | 4.5869 GBP | |||
10p ordinary | SWAP | Increasing Short | 300,000 | 4.5901 GBP | |||
10p ordinary | SWAP | Increasing Short | 300,000 | 4.5939 GBP | |||
10p ordinary | SWAP | Increasing Short | 57,719 | 4.5949 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,518 | 4.5966 GBP | |||
10p ordinary | SWAP | Increasing Short | 30,120 | 4.5992 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,574 | 4.6027 GBP | |||
10p ordinary | SWAP | Increasing Short | 978 | 4.6112 GBP | |||
10p ordinary | CFD | Decreasing Short | 29,171 | 4.5600 GBP | |||
10p ordinary | CFD | Decreasing Short | 4,910 | 4.5866 GBP | |||
10p ordinary | CFD | Increasing Short | 481 | 4.5600 GBP | |||
10p ordinary | CFD | Increasing Short | 374 | 4.5732 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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| 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: | 08 Oct 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)