22nd Oct 2024 15:17
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: | 21 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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| 26,864,080 | 1.94% | 25,233,464 | 1.83% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,484,086 | 0.83% | 26,152,034 | 1.89% |
(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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| 38,348,166 | 2.77% | 51,385,498 | 3.72% |
(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 | 162,550 | 4.5473 GBP | ||||
10p ordinary | Purchase | 146,411 | 4.5282 GBP | ||||
10p ordinary | Purchase | 123,490 | 4.5441 GBP | ||||
10p ordinary | Purchase | 92,178 | 4.5425 GBP | ||||
10p ordinary | Purchase | 86,500 | 4.5760 GBP | ||||
10p ordinary | Purchase | 83,322 | 4.5620 GBP | ||||
10p ordinary | Purchase | 76,910 | 4.5757 GBP | ||||
10p ordinary | Purchase | 70,699 | 4.5267 GBP | ||||
10p ordinary | Purchase | 69,114 | 4.5300 GBP | ||||
10p ordinary | Purchase | 56,555 | 4.5683 GBP | ||||
10p ordinary | Purchase | 44,907 | 4.5653 GBP | ||||
10p ordinary | Purchase | 26,190 | 4.5477 GBP | ||||
10p ordinary | Purchase | 21,893 | 4.5400 GBP | ||||
10p ordinary | Purchase | 19,712 | 4.5509 GBP | ||||
10p ordinary | Purchase | 17,002 | 4.5647 GBP | ||||
10p ordinary | Purchase | 16,318 | 4.5454 GBP | ||||
10p ordinary | Purchase | 15,411 | 4.5600 GBP | ||||
10p ordinary | Purchase | 10,570 | 4.5340 GBP | ||||
10p ordinary | Purchase | 7,266 | 4.5673 GBP | ||||
10p ordinary | Purchase | 6,598 | 4.5263 GBP | ||||
10p ordinary | Purchase | 6,581 | 4.5488 GBP | ||||
10p ordinary | Purchase | 6,543 | 4.5227 GBP | ||||
10p ordinary | Purchase | 5,219 | 4.5000 GBP | ||||
10p ordinary | Purchase | 5,113 | 4.5531 GBP | ||||
10p ordinary | Purchase | 4,505 | 4.5665 GBP | ||||
10p ordinary | Purchase | 3,274 | 4.5579 GBP | ||||
10p ordinary | Purchase | 3,172 | 4.5576 GBP | ||||
10p ordinary | Purchase | 2,955 | 4.5472 GBP | ||||
10p ordinary | Purchase | 1,946 | 4.5448 GBP | ||||
10p ordinary | Purchase | 1,812 | 4.5395 GBP | ||||
10p ordinary | Purchase | 1,604 | 4.5520 GBP | ||||
10p ordinary | Purchase | 1,583 | 4.5440 GBP | ||||
10p ordinary | Purchase | 1,351 | 4.5700 GBP | ||||
10p ordinary | Purchase | 765 | 4.5690 GBP | ||||
10p ordinary | Purchase | 682 | 4.5560 GBP | ||||
10p ordinary | Purchase | 635 | 4.5480 GBP | ||||
10p ordinary | Purchase | 619 | 4.5580 GBP | ||||
10p ordinary | Purchase | 265 | 4.5360 GBP | ||||
10p ordinary | Sale | 288,898 | 4.5443 GBP | ||||
10p ordinary | Sale | 174,739 | 4.5729 GBP | ||||
10p ordinary | Sale | 152,954 | 4.5280 GBP | ||||
10p ordinary | Sale | 141,537 | 4.5494 GBP | ||||
10p ordinary | Sale | 91,353 | 4.5594 GBP | ||||
10p ordinary | Sale | 83,393 | 4.5674 GBP | ||||
10p ordinary | Sale | 81,209 | 4.5760 GBP | ||||
10p ordinary | Sale | 70,699 | 4.5267 GBP | ||||
10p ordinary | Sale | 56,613 | 4.5300 GBP | ||||
10p ordinary | Sale | 42,696 | 4.5612 GBP | ||||
10p ordinary | Sale | 35,407 | 4.5562 GBP | ||||
10p ordinary | Sale | 29,840 | 4.5582 GBP | ||||
10p ordinary | Sale | 28,703 | 4.5645 GBP | ||||
10p ordinary | Sale | 24,408 | 4.5588 GBP | ||||
10p ordinary | Sale | 24,139 | 4.5627 GBP | ||||
10p ordinary | Sale | 22,580 | 4.5731 GBP | ||||
10p ordinary | Sale | 19,099 | 4.5287 GBP | ||||
10p ordinary | Sale | 15,652 | 4.5488 GBP | ||||
10p ordinary | Sale | 12,462 | 4.5660 GBP | ||||
10p ordinary | Sale | 10,275 | 4.5545 GBP | ||||
10p ordinary | Sale | 8,880 | 4.5532 GBP | ||||
10p ordinary | Sale | 8,468 | 4.5603 GBP | ||||
10p ordinary | Sale | 6,900 | 4.5686 GBP | ||||
10p ordinary | Sale | 6,848 | 4.5475 GBP | ||||
10p ordinary | Sale | 6,098 | 4.5509 GBP | ||||
10p ordinary | Sale | 5,219 | 4.5000 GBP | ||||
10p ordinary | Sale | 4,587 | 4.5440 GBP | ||||
10p ordinary | Sale | 2,800 | 4.5406 GBP | ||||
10p ordinary | Sale | 2,753 | 4.5372 GBP | ||||
10p ordinary | Sale | 2,464 | 4.5480 GBP | ||||
10p ordinary | Sale | 2,138 | 4.5522 GBP | ||||
10p ordinary | Sale | 1,995 | 4.5365 GBP | ||||
10p ordinary | Sale | 984 | 4.5377 GBP | ||||
10p ordinary | Sale | 981 | 4.5622 GBP | ||||
10p ordinary | Sale | 821 | 4.5520 GBP | ||||
10p ordinary | Sale | 776 | 4.5650 GBP | ||||
10p ordinary | Sale | 762 | 4.5596 GBP | ||||
10p ordinary | Sale | 682 | 4.5560 GBP | ||||
10p ordinary | Sale | 678 | 4.5460 GBP | ||||
10p ordinary | Sale | 487 | 4.5635 GBP | ||||
10p ordinary | Sale | 434 | 4.5700 GBP | ||||
10p ordinary | Sale | 362 | 4.5380 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 | 328 | 4.5379 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,800 | 4.5406 GBP | |||
10p ordinary | SWAP | Decreasing Short | 141,537 | 4.5494 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,455 | 4.5524 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,811 | 4.5560 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29,840 | 4.5583 GBP | |||
10p ordinary | SWAP | Decreasing Short | 762 | 4.5596 GBP | |||
10p ordinary | SWAP | Decreasing Short | 42,696 | 4.5612 GBP | |||
10p ordinary | SWAP | Decreasing Short | 111,075 | 4.5635 GBP | |||
10p ordinary | SWAP | Decreasing Short | 60,000 | 4.5650 GBP | |||
10p ordinary | SWAP | Decreasing Short | 22,580 | 4.5731 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,537 | 4.5751 USD | |||
10p ordinary | SWAP | Decreasing Short | 35,139 | 4.5756 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,440 | 4.5760 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,313 | 4.5815 GBP | |||
10p ordinary | SWAP | Increasing Short | 669 | 4.5440 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,946 | 4.5448 GBP | |||
10p ordinary | SWAP | Increasing Short | 26,190 | 4.5477 GBP | |||
10p ordinary | SWAP | Increasing Short | 326 | 4.5518 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,172 | 4.5576 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,146 | 4.5580 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,880 | 4.5620 GBP | |||
10p ordinary | SWAP | Increasing Short | 25,123 | 4.5653 GBP | |||
10p ordinary | SWAP | Increasing Short | 60,432 | 4.5683 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,390 | 4.5760 GBP | |||
10p ordinary | SWAP | Increasing Short | 50,000 | 4.6007 USD | |||
10p ordinary | SWAP | Increasing Short | 70,000 | 4.6135 USD | |||
10p ordinary | SWAP | Increasing Short | 74,800 | 4.6144 USD | |||
10p ordinary | CFD | Decreasing Short | 5,219 | 4.5000 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,770 | 4.5477 GBP | |||
10p ordinary | CFD | Increasing Short | 80,000 | 4.5303 GBP | |||
10p ordinary | CFD | Increasing Short | 753 | 4.5502 GBP | |||
10p ordinary | CFD | Increasing Short | 1,417 | 4.5614 GBP | |||
10p ordinary | CFD | Increasing Short | 35,164 | 4.5759 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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| paid/ |
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: | 22 Oct 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)