27th Aug 2024 14:48
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 positions disclosed, if different from 1(a): |
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(c) | Name of offeror/offeree in relation to whose relevant securities this form relates: | DS SMITH PLC | |||||
(d) | If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
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(e) | Date position held/dealing undertaken: | 23 Aug 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? | YES: INTERNATIONAL PAPER COMPANY | |||||
2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing(if any) | ||||||
Class of relevant security: | 10p ordinary | ||||||
Interests | Short Positions | ||||||
Number | (%) | Number | (%) | ||||
(1) Relevant securities owned and/or controlled: | 33,294,405 | 2.41% | 28,709,892 | 2.08% | |||
(2) Cash-settled derivatives: | 11,128,216 | 0.81% | 33,387,779 | 2.42% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 44,422,621 | 3.22% | 62,097,671 | 4.50% | |||
(b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
Class of relevant security in relation to which subscription right exists | |||||||
Details, including nature of the rights concerned and relevant percentages: | |||||||
3. | DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Purchase and sales | ||||||
Class of relevant security | Purchase/sale | Number of securities | Price per unit | ||||
10p ordinary | Purchase | 386,531 | 4.6120 GBP | ||||
10p ordinary | Purchase | 189,172 | 4.7700 GBP | ||||
10p ordinary | Purchase | 151,658 | 4.7324 GBP | ||||
10p ordinary | Purchase | 82,097 | 4.7656 GBP | ||||
10p ordinary | Purchase | 23,769 | 4.7180 GBP | ||||
10p ordinary | Purchase | 19,293 | 4.7445 GBP | ||||
10p ordinary | Purchase | 7,149 | 4.7416 GBP | ||||
10p ordinary | Purchase | 6,227 | 4.7475 GBP | ||||
10p ordinary | Purchase | 6,169 | 4.7354 GBP | ||||
10p ordinary | Purchase | 4,500 | 4.7260 GBP | ||||
10p ordinary | Purchase | 4,434 | 4.7330 GBP | ||||
10p ordinary | Purchase | 3,867 | 4.7465 GBP | ||||
10p ordinary | Purchase | 3,436 | 4.7368 GBP | ||||
10p ordinary | Purchase | 3,356 | 4.7328 GBP | ||||
10p ordinary | Purchase | 3,312 | 4.7355 GBP | ||||
10p ordinary | Purchase | 2,624 | 4.7458 GBP | ||||
10p ordinary | Purchase | 2,162 | 4.7356 GBP | ||||
10p ordinary | Purchase | 2,106 | 4.7360 GBP | ||||
10p ordinary | Purchase | 1,985 | 4.7437 GBP | ||||
10p ordinary | Purchase | 1,928 | 4.7300 GBP | ||||
10p ordinary | Purchase | 1,581 | 4.7403 GBP | ||||
10p ordinary | Purchase | 1,368 | 4.7347 GBP | ||||
10p ordinary | Purchase | 1,330 | 4.7533 GBP | ||||
10p ordinary | Purchase | 1,302 | 4.7320 GBP | ||||
10p ordinary | Purchase | 1,286 | 4.7540 GBP | ||||
10p ordinary | Purchase | 1,106 | 4.7560 GBP | ||||
10p ordinary | Purchase | 833 | 4.7707 GBP | ||||
10p ordinary | Purchase | 736 | 4.7469 GBP | ||||
10p ordinary | Purchase | 689 | 4.7335 GBP | ||||
10p ordinary | Purchase | 643 | 4.7440 GBP | ||||
10p ordinary | Purchase | 152 | 4.7295 GBP | ||||
10p ordinary | Purchase | 48 | 4.7275 GBP | ||||
10p ordinary | Sale | 400,000 | 4.7321 GBP | ||||
10p ordinary | Sale | 201,931 | 4.7273 GBP | ||||
10p ordinary | Sale | 46,713 | 4.7318 GBP | ||||
10p ordinary | Sale | 44,444 | 4.7335 GBP | ||||
10p ordinary | Sale | 42,100 | 4.7578 GBP | ||||
10p ordinary | Sale | 21,434 | 4.7700 GBP | ||||
10p ordinary | Sale | 19,553 | 4.7291 GBP | ||||
10p ordinary | Sale | 18,665 | 4.7398 GBP | ||||
10p ordinary | Sale | 13,541 | 4.7383 GBP | ||||
10p ordinary | Sale | 12,392 | 4.7284 GBP | ||||
10p ordinary | Sale | 11,872 | 4.7370 GBP | ||||
10p ordinary | Sale | 9,195 | 4.7702 GBP | ||||
10p ordinary | Sale | 9,086 | 4.7275 GBP | ||||
10p ordinary | Sale | 4,500 | 4.7260 GBP | ||||
10p ordinary | Sale | 4,025 | 4.7330 GBP | ||||
10p ordinary | Sale | 3,035 | 4.7620 GBP | ||||
10p ordinary | Sale | 2,871 | 4.7358 GBP | ||||
10p ordinary | Sale | 1,891 | 4.7340 GBP | ||||
10p ordinary | Sale | 1,850 | 4.7339 GBP | ||||
10p ordinary | Sale | 1,749 | 4.7540 GBP | ||||
10p ordinary | Sale | 859 | 4.7352 GBP | ||||
10p ordinary | Sale | 814 | 4.7360 GBP | ||||
10p ordinary | Sale | 152 | 4.7300 GBP | ||||
10p ordinary | Sale | 48 | 4.7280 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
10p ordinary | SWAP | Opening Short | 19,810 | 4.7406 GBP | |||
10p ordinary | CFD | Decreasing Short | 34 | 4.7158 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,487 | 4.7160 GBP | |||
10p ordinary | CFD | Decreasing Short | 5,725 | 4.7466 GBP | |||
10p ordinary | CFD | Decreasing Short | 146 | 4.7700 GBP | |||
10p ordinary | CFD | Increasing Short | 34 | 4.7158 GBP | |||
10p ordinary | CFD | Increasing Short | 1,487 | 4.7160 GBP | |||
10p ordinary | CFD | Increasing Short | 11,770 | 4.7700 GBP | |||
10p ordinary | SWAP | Decreasing Long | 833 | 4.7707 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,086 | 4.7340 GBP | |||
10p ordinary | SWAP | Decreasing Short | 859 | 4.7352 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,523 | 4.7359 GBP | |||
10p ordinary | SWAP | Decreasing Short | 13,541 | 4.7383 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,226 | 4.7700 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,434 | 4.7330 GBP | |||
10p ordinary | SWAP | Increasing Short | 111 | 4.7400 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,293 | 4.7445 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,412 | 4.7453 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,294 | 4.7559 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,886 | 4.7700 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,330 | 4.7533 GBP | |||
10p ordinary | SWAP | Increasing Short | 23,769 | 4.7180 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,025 | 4.7330 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,719 | 4.7373 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,764 | 4.7700 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,149 | 4.7416 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,166 | 4.7475 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,886 | 4.7700 GBP | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | Option money paid/ received per unit |
(ii) | Exercising |
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Class of relevant security | Product description | Exercising/ exercised against | Number of securities | Exercise price per unit | |||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant security | Nature of Dealings | Details | Price per unit (if applicable) | ||||
4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements | ||||||
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: | |||||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | ||||||
Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced: | |||||||
NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 27 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)