18th Oct 2024 15:20
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: | 17 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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| 26,256,314 | 1.90% | 25,296,858 | 1.83% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,512,771 | 0.83% | 25,499,257 | 1.85% |
(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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| 37,769,085 | 2.73% | 50,796,115 | 3.68% |
(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 | 378,290 | 4.6280 GBP | ||||
10p ordinary | Purchase | 333,011 | 4.6233 GBP | ||||
10p ordinary | Purchase | 253,817 | 4.6400 GBP | ||||
10p ordinary | Purchase | 141,884 | 4.6596 GBP | ||||
10p ordinary | Purchase | 108,845 | 4.6200 GBP | ||||
10p ordinary | Purchase | 107,466 | 4.6095 GBP | ||||
10p ordinary | Purchase | 72,292 | 4.6112 GBP | ||||
10p ordinary | Purchase | 69,615 | 4.6277 GBP | ||||
10p ordinary | Purchase | 56,141 | 4.6241 GBP | ||||
10p ordinary | Purchase | 46,083 | 4.6412 GBP | ||||
10p ordinary | Purchase | 34,233 | 4.6183 GBP | ||||
10p ordinary | Purchase | 32,633 | 4.6130 GBP | ||||
10p ordinary | Purchase | 32,631 | 4.6242 GBP | ||||
10p ordinary | Purchase | 28,170 | 4.6019 GBP | ||||
10p ordinary | Purchase | 24,650 | 4.6898 GBP | ||||
10p ordinary | Purchase | 24,457 | 4.5965 GBP | ||||
10p ordinary | Purchase | 24,064 | 4.6809 GBP | ||||
10p ordinary | Purchase | 23,615 | 4.5940 GBP | ||||
10p ordinary | Purchase | 21,964 | 4.6186 GBP | ||||
10p ordinary | Purchase | 20,686 | 4.6182 GBP | ||||
10p ordinary | Purchase | 19,064 | 4.6431 GBP | ||||
10p ordinary | Purchase | 17,382 | 4.6110 GBP | ||||
10p ordinary | Purchase | 16,675 | 4.6053 GBP | ||||
10p ordinary | Purchase | 15,597 | 4.6315 GBP | ||||
10p ordinary | Purchase | 14,220 | 4.5990 GBP | ||||
10p ordinary | Purchase | 8,444 | 4.6290 GBP | ||||
10p ordinary | Purchase | 7,969 | 4.6147 GBP | ||||
10p ordinary | Purchase | 7,812 | 4.6025 GBP | ||||
10p ordinary | Purchase | 7,691 | 4.6722 GBP | ||||
10p ordinary | Purchase | 6,189 | 4.6409 GBP | ||||
10p ordinary | Purchase | 5,880 | 4.6415 GBP | ||||
10p ordinary | Purchase | 5,769 | 4.6933 GBP | ||||
10p ordinary | Purchase | 5,646 | 4.5959 GBP | ||||
10p ordinary | Purchase | 5,216 | 4.6748 GBP | ||||
10p ordinary | Purchase | 4,594 | 4.6031 GBP | ||||
10p ordinary | Purchase | 3,702 | 4.6039 GBP | ||||
10p ordinary | Purchase | 3,411 | 4.6038 GBP | ||||
10p ordinary | Purchase | 3,243 | 4.6047 GBP | ||||
10p ordinary | Purchase | 2,896 | 4.6016 GBP | ||||
10p ordinary | Purchase | 2,525 | 4.6353 GBP | ||||
10p ordinary | Purchase | 2,174 | 4.5920 GBP | ||||
10p ordinary | Purchase | 2,130 | 4.6319 GBP | ||||
10p ordinary | Purchase | 1,727 | 4.6180 GBP | ||||
10p ordinary | Purchase | 1,505 | 4.5906 GBP | ||||
10p ordinary | Purchase | 1,452 | 4.6254 GBP | ||||
10p ordinary | Purchase | 1,402 | 4.6141 GBP | ||||
10p ordinary | Purchase | 687 | 4.5910 GBP | ||||
10p ordinary | Purchase | 685 | 4.6220 GBP | ||||
10p ordinary | Purchase | 597 | 4.6068 GBP | ||||
10p ordinary | Purchase | 522 | 4.6900 GBP | ||||
10p ordinary | Purchase | 443 | 4.7120 GBP | ||||
10p ordinary | Purchase | 312 | 4.5720 GBP | ||||
10p ordinary | Purchase | 236 | 4.6120 GBP | ||||
10p ordinary | Purchase | 33 | 4.6140 GBP | ||||
10p ordinary | Sale | 255,081 | 4.6280 GBP | ||||
10p ordinary | Sale | 242,525 | 4.5959 GBP | ||||
10p ordinary | Sale | 242,142 | 4.6632 GBP | ||||
10p ordinary | Sale | 102,394 | 4.6252 GBP | ||||
10p ordinary | Sale | 92,752 | 4.6085 GBP | ||||
10p ordinary | Sale | 71,869 | 4.6866 GBP | ||||
10p ordinary | Sale | 46,083 | 4.6412 GBP | ||||
10p ordinary | Sale | 36,981 | 4.6084 GBP | ||||
10p ordinary | Sale | 30,530 | 4.6805 GBP | ||||
10p ordinary | Sale | 30,253 | 4.6727 GBP | ||||
10p ordinary | Sale | 28,170 | 4.6019 GBP | ||||
10p ordinary | Sale | 22,315 | 4.6283 GBP | ||||
10p ordinary | Sale | 19,652 | 4.6183 GBP | ||||
10p ordinary | Sale | 19,586 | 4.6444 GBP | ||||
10p ordinary | Sale | 18,013 | 4.6270 GBP | ||||
10p ordinary | Sale | 17,496 | 4.6302 GBP | ||||
10p ordinary | Sale | 17,471 | 4.6305 GBP | ||||
10p ordinary | Sale | 13,920 | 4.6239 GBP | ||||
10p ordinary | Sale | 13,072 | 4.6137 GBP | ||||
10p ordinary | Sale | 11,850 | 4.6143 GBP | ||||
10p ordinary | Sale | 8,459 | 4.6275 GBP | ||||
10p ordinary | Sale | 8,361 | 4.5960 GBP | ||||
10p ordinary | Sale | 7,969 | 4.6147 GBP | ||||
10p ordinary | Sale | 7,901 | 4.6583 GBP | ||||
10p ordinary | Sale | 7,812 | 4.6025 GBP | ||||
10p ordinary | Sale | 7,691 | 4.6722 GBP | ||||
10p ordinary | Sale | 7,123 | 4.6193 GBP | ||||
10p ordinary | Sale | 6,694 | 4.6210 GBP | ||||
10p ordinary | Sale | 6,471 | 4.6149 GBP | ||||
10p ordinary | Sale | 6,306 | 4.6024 GBP | ||||
10p ordinary | Sale | 6,210 | 4.6061 GBP | ||||
10p ordinary | Sale | 5,216 | 4.6748 GBP | ||||
10p ordinary | Sale | 4,630 | 4.6121 GBP | ||||
10p ordinary | Sale | 3,647 | 4.6375 GBP | ||||
10p ordinary | Sale | 3,412 | 4.6028 GBP | ||||
10p ordinary | Sale | 3,243 | 4.6047 GBP | ||||
10p ordinary | Sale | 3,117 | 4.6372 GBP | ||||
10p ordinary | Sale | 2,990 | 4.6290 GBP | ||||
10p ordinary | Sale | 2,896 | 4.6016 GBP | ||||
10p ordinary | Sale | 2,864 | 4.6190 GBP | ||||
10p ordinary | Sale | 2,528 | 4.6213 GBP | ||||
10p ordinary | Sale | 2,525 | 4.6353 GBP | ||||
10p ordinary | Sale | 2,357 | 4.6072 GBP | ||||
10p ordinary | Sale | 2,108 | 4.6387 GBP | ||||
10p ordinary | Sale | 1,972 | 4.6040 GBP | ||||
10p ordinary | Sale | 1,962 | 4.6133 GBP | ||||
10p ordinary | Sale | 1,882 | 4.6224 GBP | ||||
10p ordinary | Sale | 1,727 | 4.6180 GBP | ||||
10p ordinary | Sale | 1,655 | 4.6268 GBP | ||||
10p ordinary | Sale | 1,329 | 4.6094 GBP | ||||
10p ordinary | Sale | 1,287 | 4.6208 GBP | ||||
10p ordinary | Sale | 1,034 | 4.6160 GBP | ||||
10p ordinary | Sale | 929 | 4.6386 GBP | ||||
10p ordinary | Sale | 895 | 4.6020 GBP | ||||
10p ordinary | Sale | 706 | 4.6200 GBP | ||||
10p ordinary | Sale | 537 | 4.6291 GBP | ||||
10p ordinary | Sale | 443 | 4.7120 GBP | ||||
10p ordinary | Sale | 33 | 4.6140 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 | 2,060 | 4.5929 GBP | |||
10p ordinary | SWAP | Decreasing Short | 242,525 | 4.5959 GBP | |||
10p ordinary | SWAP | Decreasing Short | 208 | 4.6193 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,013 | 4.6270 GBP | |||
10p ordinary | SWAP | Decreasing Short | 537 | 4.6291 GBP | |||
10p ordinary | SWAP | Decreasing Short | 17,496 | 4.6302 GBP | |||
10p ordinary | SWAP | Decreasing Short | 17,471 | 4.6305 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,886 | 4.6312 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,117 | 4.6372 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,647 | 4.6375 GBP | |||
10p ordinary | SWAP | Increasing Short | 40,397 | 4.5944 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,646 | 4.5959 GBP | |||
10p ordinary | SWAP | Increasing Short | 24,457 | 4.5965 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,702 | 4.6039 GBP | |||
10p ordinary | SWAP | Increasing Short | 597 | 4.6068 GBP | |||
10p ordinary | SWAP | Increasing Short | 32,633 | 4.6130 GBP | |||
10p ordinary | SWAP | Increasing Short | 108,139 | 4.6200 GBP | |||
10p ordinary | SWAP | Increasing Short | 40,640 | 4.6212 GBP | |||
10p ordinary | SWAP | Increasing Short | 47,154 | 4.6260 GBP | |||
10p ordinary | SWAP | Increasing Short | 77,069 | 4.6277 GBP | |||
10p ordinary | SWAP | Increasing Short | 340,201 | 4.6280 GBP | |||
10p ordinary | SWAP | Increasing Short | 39,300 | 4.6285 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,444 | 4.6290 GBP | |||
10p ordinary | SWAP | Increasing Short | 253,817 | 4.6400 GBP | |||
10p ordinary | CFD | Decreasing Short | 36 | 4.6280 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,755 | 4.6537 GBP | |||
10p ordinary | CFD | Decreasing Short | 200,000 | 4.6747 GBP | |||
10p ordinary | CFD | Decreasing Short | 443 | 4.7120 GBP | |||
10p ordinary | CFD | Increasing Short | 73,316 | 4.6280 GBP | |||
10p ordinary | CFD | Increasing Short | 70,015 | 4.6323 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: | 18 Oct 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)