5th Dec 2024 13:31
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: | 04 Dec 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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| 33,942,506 | 2.46% | 23,431,301 | 1.70% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 12,066,002 | 0.87% | 32,817,414 | 2.38% |
(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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| 46,008,508 | 3.33% | 56,248,715 | 4.07% |
(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 | 269,180 | 5.8177 GBP | ||||
10p ordinary | Purchase | 161,424 | 5.7809 GBP | ||||
10p ordinary | Purchase | 129,213 | 5.8082 GBP | ||||
10p ordinary | Purchase | 61,232 | 5.7989 GBP | ||||
10p ordinary | Purchase | 60,022 | 5.7700 GBP | ||||
10p ordinary | Purchase | 49,729 | 5.8171 GBP | ||||
10p ordinary | Purchase | 45,656 | 5.8061 GBP | ||||
10p ordinary | Purchase | 40,344 | 5.8186 GBP | ||||
10p ordinary | Purchase | 36,701 | 5.7731 GBP | ||||
10p ordinary | Purchase | 23,600 | 5.8090 GBP | ||||
10p ordinary | Purchase | 22,831 | 5.8096 GBP | ||||
10p ordinary | Purchase | 21,247 | 5.8127 GBP | ||||
10p ordinary | Purchase | 19,329 | 5.7800 GBP | ||||
10p ordinary | Purchase | 15,288 | 5.8190 GBP | ||||
10p ordinary | Purchase | 13,204 | 5.8254 GBP | ||||
10p ordinary | Purchase | 11,297 | 5.8309 GBP | ||||
10p ordinary | Purchase | 10,393 | 5.8133 GBP | ||||
10p ordinary | Purchase | 6,543 | 5.8497 GBP | ||||
10p ordinary | Purchase | 4,379 | 5.8658 GBP | ||||
10p ordinary | Purchase | 3,684 | 5.7746 GBP | ||||
10p ordinary | Purchase | 3,544 | 5.8246 GBP | ||||
10p ordinary | Purchase | 3,336 | 5.8100 GBP | ||||
10p ordinary | Purchase | 2,929 | 5.8552 GBP | ||||
10p ordinary | Purchase | 2,615 | 5.7550 GBP | ||||
10p ordinary | Purchase | 2,351 | 5.8382 GBP | ||||
10p ordinary | Purchase | 2,318 | 5.8573 GBP | ||||
10p ordinary | Purchase | 2,107 | 5.7472 GBP | ||||
10p ordinary | Purchase | 1,976 | 5.8000 GBP | ||||
10p ordinary | Purchase | 1,964 | 5.7979 GBP | ||||
10p ordinary | Purchase | 1,609 | 5.7500 GBP | ||||
10p ordinary | Purchase | 1,508 | 5.8200 GBP | ||||
10p ordinary | Purchase | 1,300 | 5.7558 GBP | ||||
10p ordinary | Purchase | 1,241 | 5.8300 GBP | ||||
10p ordinary | Purchase | 1,235 | 5.7450 GBP | ||||
10p ordinary | Purchase | 1,193 | 5.8400 GBP | ||||
10p ordinary | Purchase | 1,146 | 5.8525 GBP | ||||
10p ordinary | Purchase | 1,128 | 5.7399 GBP | ||||
10p ordinary | Purchase | 810 | 5.8450 GBP | ||||
10p ordinary | Purchase | 798 | 5.7443 GBP | ||||
10p ordinary | Purchase | 651 | 5.8606 GBP | ||||
10p ordinary | Purchase | 567 | 5.8500 GBP | ||||
10p ordinary | Purchase | 556 | 5.8550 GBP | ||||
10p ordinary | Purchase | 522 | 5.7475 GBP | ||||
10p ordinary | Purchase | 249 | 5.7701 GBP | ||||
10p ordinary | Purchase | 174 | 5.7900 GBP | ||||
10p ordinary | Purchase | 117 | 5.8644 GBP | ||||
10p ordinary | Sale | 317,650 | 5.7700 GBP | ||||
10p ordinary | Sale | 92,019 | 5.7981 GBP | ||||
10p ordinary | Sale | 57,067 | 5.7950 GBP | ||||
10p ordinary | Sale | 55,463 | 5.8401 GBP | ||||
10p ordinary | Sale | 50,730 | 5.7734 GBP | ||||
10p ordinary | Sale | 46,395 | 5.7688 GBP | ||||
10p ordinary | Sale | 37,343 | 5.8428 GBP | ||||
10p ordinary | Sale | 37,096 | 5.8295 GBP | ||||
10p ordinary | Sale | 36,701 | 5.7731 GBP | ||||
10p ordinary | Sale | 34,634 | 5.8043 GBP | ||||
10p ordinary | Sale | 13,974 | 5.8084 GBP | ||||
10p ordinary | Sale | 13,829 | 5.8271 GBP | ||||
10p ordinary | Sale | 10,810 | 5.8451 GBP | ||||
10p ordinary | Sale | 9,195 | 5.8309 GBP | ||||
10p ordinary | Sale | 6,785 | 5.8511 GBP | ||||
10p ordinary | Sale | 6,543 | 5.8503 GBP | ||||
10p ordinary | Sale | 5,541 | 5.8037 GBP | ||||
10p ordinary | Sale | 5,482 | 5.8405 GBP | ||||
10p ordinary | Sale | 4,978 | 5.8100 GBP | ||||
10p ordinary | Sale | 4,536 | 5.7910 GBP | ||||
10p ordinary | Sale | 3,676 | 5.8482 GBP | ||||
10p ordinary | Sale | 2,929 | 5.8557 GBP | ||||
10p ordinary | Sale | 2,796 | 5.8237 GBP | ||||
10p ordinary | Sale | 2,263 | 5.7838 GBP | ||||
10p ordinary | Sale | 2,024 | 5.7800 GBP | ||||
10p ordinary | Sale | 1,976 | 5.8000 GBP | ||||
10p ordinary | Sale | 1,825 | 5.8665 GBP | ||||
10p ordinary | Sale | 1,801 | 5.8504 GBP | ||||
10p ordinary | Sale | 1,508 | 5.8200 GBP | ||||
10p ordinary | Sale | 1,357 | 5.8314 GBP | ||||
10p ordinary | Sale | 1,242 | 5.7657 GBP | ||||
10p ordinary | Sale | 1,241 | 5.8300 GBP | ||||
10p ordinary | Sale | 1,235 | 5.7450 GBP | ||||
10p ordinary | Sale | 1,198 | 5.7602 GBP | ||||
10p ordinary | Sale | 1,193 | 5.8400 GBP | ||||
10p ordinary | Sale | 810 | 5.8450 GBP | ||||
10p ordinary | Sale | 739 | 5.8500 GBP | ||||
10p ordinary | Sale | 584 | 5.8530 GBP | ||||
10p ordinary | Sale | 577 | 5.8655 GBP | ||||
10p ordinary | Sale | 562 | 5.8525 GBP | ||||
10p ordinary | Sale | 556 | 5.8550 GBP | ||||
10p ordinary | Sale | 542 | 5.7500 GBP | ||||
10p ordinary | Sale | 522 | 5.7475 GBP | ||||
10p ordinary | Sale | 174 | 5.7900 GBP | ||||
10p ordinary | Sale | 142 | 5.8027 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 | 1,198 | 5.7602 GBP | |||
10p ordinary | SWAP | Decreasing Short | 46,395 | 5.7688 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,957 | 5.7700 GBP | |||
10p ordinary | SWAP | Decreasing Short | 34,906 | 5.7760 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,642 | 5.8100 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,235 | 5.8268 GBP | |||
10p ordinary | SWAP | Decreasing Short | 13,829 | 5.8271 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,357 | 5.8314 GBP | |||
10p ordinary | SWAP | Increasing Short | 84,530 | 5.7700 GBP | |||
10p ordinary | SWAP | Increasing Short | 249 | 5.7701 GBP | |||
10p ordinary | SWAP | Increasing Short | 42,112 | 5.7762 GBP | |||
10p ordinary | SWAP | Increasing Short | 45,656 | 5.8061 GBP | |||
10p ordinary | SWAP | Increasing Short | 129,213 | 5.8082 GBP | |||
10p ordinary | SWAP | Increasing Short | 23,600 | 5.8089 GBP | |||
10p ordinary | SWAP | Increasing Short | 22,831 | 5.8096 GBP | |||
10p ordinary | SWAP | Increasing Short | 40,023 | 5.8118 GBP | |||
10p ordinary | SWAP | Increasing Short | 27,757 | 5.8150 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,731 | 5.8264 GBP | |||
10p ordinary | SWAP | Increasing Short | 20,216 | 5.8460 USD | |||
10p ordinary | SWAP | Increasing Short | 2,318 | 5.8573 GBP | |||
10p ordinary | CFD | Decreasing Short | 860 | 5.7546 GBP | |||
10p ordinary | CFD | Decreasing Short | 233 | 5.7700 GBP | |||
10p ordinary | CFD | Decreasing Short | 36,701 | 5.7731 GBP | |||
10p ordinary | CFD | Decreasing Short | 13,203 | 5.8550 GBP | |||
10p ordinary | CFD | Increasing Short | 9,015 | 5.7503 GBP | |||
10p ordinary | CFD | Increasing Short | 233 | 5.7700 GBP | |||
10p ordinary | CFD | Increasing Short | 13,203 | 5.8550 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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(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: | 05 Dec 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)