22nd Aug 2024 14:47
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: | 21 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: | 33,344,698 | 2.42% | 29,401,414 | 2.13% | |||
(2) Cash-settled derivatives: | 11,728,161 | 0.85% | 33,412,422 | 2.42% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 45,072,859 | 3.27% | 62,813,836 | 4.55% | |||
(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 | 502,072 | 4.7200 GBP | ||||
10p ordinary | Purchase | 99,753 | 4.7039 GBP | ||||
10p ordinary | Purchase | 77,410 | 4.6933 GBP | ||||
10p ordinary | Purchase | 76,676 | 4.7038 GBP | ||||
10p ordinary | Purchase | 70,906 | 4.7036 GBP | ||||
10p ordinary | Purchase | 39,429 | 4.7076 GBP | ||||
10p ordinary | Purchase | 36,497 | 4.7019 GBP | ||||
10p ordinary | Purchase | 33,903 | 4.7197 GBP | ||||
10p ordinary | Purchase | 27,783 | 4.7143 GBP | ||||
10p ordinary | Purchase | 14,314 | 4.6950 GBP | ||||
10p ordinary | Purchase | 11,437 | 4.7030 GBP | ||||
10p ordinary | Purchase | 11,332 | 4.6825 GBP | ||||
10p ordinary | Purchase | 9,347 | 4.6851 GBP | ||||
10p ordinary | Purchase | 6,851 | 4.7007 GBP | ||||
10p ordinary | Purchase | 6,471 | 4.7017 GBP | ||||
10p ordinary | Purchase | 6,255 | 4.7060 GBP | ||||
10p ordinary | Purchase | 4,228 | 4.7011 GBP | ||||
10p ordinary | Purchase | 3,971 | 4.6998 GBP | ||||
10p ordinary | Purchase | 3,761 | 4.6917 GBP | ||||
10p ordinary | Purchase | 3,566 | 4.7193 GBP | ||||
10p ordinary | Purchase | 3,135 | 4.7140 GBP | ||||
10p ordinary | Purchase | 2,934 | 4.6846 GBP | ||||
10p ordinary | Purchase | 2,719 | 4.6860 GBP | ||||
10p ordinary | Purchase | 2,274 | 4.6915 GBP | ||||
10p ordinary | Purchase | 2,000 | 4.7000 GBP | ||||
10p ordinary | Purchase | 1,977 | 4.6910 GBP | ||||
10p ordinary | Purchase | 1,815 | 4.7088 GBP | ||||
10p ordinary | Purchase | 1,659 | 4.6940 GBP | ||||
10p ordinary | Purchase | 1,326 | 4.6838 GBP | ||||
10p ordinary | Purchase | 1,297 | 4.7160 GBP | ||||
10p ordinary | Purchase | 1,287 | 4.7259 GBP | ||||
10p ordinary | Purchase | 1,266 | 4.6881 GBP | ||||
10p ordinary | Purchase | 1,170 | 4.6817 GBP | ||||
10p ordinary | Purchase | 1,034 | 4.7135 GBP | ||||
10p ordinary | Purchase | 805 | 4.6840 GBP | ||||
10p ordinary | Purchase | 751 | 4.7191 GBP | ||||
10p ordinary | Purchase | 668 | 4.6930 GBP | ||||
10p ordinary | Purchase | 367 | 4.7180 GBP | ||||
10p ordinary | Purchase | 145 | 4.6786 GBP | ||||
10p ordinary | Purchase | 71 | 4.6827 GBP | ||||
10p ordinary | Purchase | 6 | 4.6886 GBP | ||||
10p ordinary | Purchase | 2 | 4.7040 GBP | ||||
10p ordinary | Sale | 248,203 | 4.7038 GBP | ||||
10p ordinary | Sale | 207,239 | 4.6910 GBP | ||||
10p ordinary | Sale | 175,715 | 4.7192 GBP | ||||
10p ordinary | Sale | 139,529 | 4.7200 GBP | ||||
10p ordinary | Sale | 33,686 | 4.7065 GBP | ||||
10p ordinary | Sale | 27,783 | 4.7143 GBP | ||||
10p ordinary | Sale | 18,578 | 4.7202 GBP | ||||
10p ordinary | Sale | 18,442 | 4.6994 GBP | ||||
10p ordinary | Sale | 17,664 | 4.6919 GBP | ||||
10p ordinary | Sale | 14,051 | 4.6832 GBP | ||||
10p ordinary | Sale | 11,292 | 4.7071 GBP | ||||
10p ordinary | Sale | 7,113 | 4.7098 GBP | ||||
10p ordinary | Sale | 6,250 | 4.7060 GBP | ||||
10p ordinary | Sale | 4,791 | 4.7207 GBP | ||||
10p ordinary | Sale | 3,803 | 4.6965 GBP | ||||
10p ordinary | Sale | 3,761 | 4.6917 GBP | ||||
10p ordinary | Sale | 3,601 | 4.6976 GBP | ||||
10p ordinary | Sale | 3,549 | 4.6900 GBP | ||||
10p ordinary | Sale | 2,610 | 4.7118 GBP | ||||
10p ordinary | Sale | 2,608 | 4.7019 GBP | ||||
10p ordinary | Sale | 805 | 4.6840 GBP | ||||
10p ordinary | Sale | 753 | 4.6740 GBP | ||||
10p ordinary | Sale | 685 | 4.6820 GBP | ||||
10p ordinary | Sale | 589 | 4.7140 GBP | ||||
10p ordinary | Sale | 31 | 4.7000 GBP | ||||
10p ordinary | Sale | 2 | 4.6940 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 | 28,835 | 4.6994 GBP | |||
10p ordinary | CFD | Decreasing Short | 9,395 | 4.7093 GBP | |||
10p ordinary | CFD | Decreasing Short | 25,938 | 4.7200 GBP | |||
10p ordinary | CFD | Increasing Short | 71 | 4.6828 GBP | |||
10p ordinary | CFD | Increasing Short | 2,517 | 4.6996 GBP | |||
10p ordinary | CFD | Increasing Short | 41,415 | 4.7082 GBP | |||
10p ordinary | CFD | Increasing Short | 2,439 | 4.7200 GBP | |||
10p ordinary | SWAP | Decreasing Long | 8,035 | 4.7206 GBP | |||
10p ordinary | SWAP | Decreasing Long | 3,880 | 4.7207 GBP | |||
10p ordinary | SWAP | Decreasing Short | 17,987 | 4.7035 GBP | |||
10p ordinary | SWAP | Decreasing Short | 33,686 | 4.7065 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,610 | 4.7118 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,402 | 4.7200 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,947 | 4.6837 GBP | |||
10p ordinary | SWAP | Increasing Short | 36,497 | 4.7019 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,815 | 4.7088 GBP | |||
10p ordinary | SWAP | Increasing Short | 170 | 4.7140 GBP | |||
10p ordinary | SWAP | Increasing Short | 22,977 | 4.7196 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,902 | 4.7200 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,970 | 4.7202 GBP | |||
10p ordinary | SWAP | Increasing Short | 145 | 4.6786 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,176 | 4.7001 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,292 | 4.7071 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,004 | 4.7200 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,474 | 4.6878 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,851 | 4.7007 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,902 | 4.7200 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: | 22 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)