28th Aug 2024 14:56
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: | 27 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: | 32,580,292 | 2.36% | 28,579,763 | 2.07% | |||
(2) Cash-settled derivatives: | 11,074,947 | 0.80% | 32,697,790 | 2.37% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 43,655,239 | 3.16% | 61,277,553 | 4.44% | |||
(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 | 115,075 | 4.7400 GBP | ||||
10p ordinary | Purchase | 82,120 | 4.7423 GBP | ||||
10p ordinary | Purchase | 55,607 | 4.7680 GBP | ||||
10p ordinary | Purchase | 51,727 | 4.7515 GBP | ||||
10p ordinary | Purchase | 37,251 | 4.7420 GBP | ||||
10p ordinary | Purchase | 36,739 | 4.7449 GBP | ||||
10p ordinary | Purchase | 17,074 | 4.7441 GBP | ||||
10p ordinary | Purchase | 11,518 | 4.7452 GBP | ||||
10p ordinary | Purchase | 9,100 | 4.7550 GBP | ||||
10p ordinary | Purchase | 7,000 | 4.7481 GBP | ||||
10p ordinary | Purchase | 5,625 | 4.7431 GBP | ||||
10p ordinary | Purchase | 4,751 | 4.7466 GBP | ||||
10p ordinary | Purchase | 4,594 | 4.7535 GBP | ||||
10p ordinary | Purchase | 3,040 | 4.7437 GBP | ||||
10p ordinary | Purchase | 2,659 | 4.7448 GBP | ||||
10p ordinary | Purchase | 1,845 | 4.7522 GBP | ||||
10p ordinary | Purchase | 1,684 | 4.7662 GBP | ||||
10p ordinary | Purchase | 1,575 | 4.7552 GBP | ||||
10p ordinary | Purchase | 1,419 | 4.7572 GBP | ||||
10p ordinary | Purchase | 1,418 | 4.7335 GBP | ||||
10p ordinary | Purchase | 1,297 | 4.7384 GBP | ||||
10p ordinary | Purchase | 1,187 | 4.7229 GBP | ||||
10p ordinary | Purchase | 821 | 4.7580 GBP | ||||
10p ordinary | Purchase | 789 | 4.7650 GBP | ||||
10p ordinary | Purchase | 711 | 4.7700 GBP | ||||
10p ordinary | Purchase | 693 | 4.7460 GBP | ||||
10p ordinary | Purchase | 634 | 4.7549 GBP | ||||
10p ordinary | Purchase | 510 | 4.7500 GBP | ||||
10p ordinary | Purchase | 348 | 4.7600 GBP | ||||
10p ordinary | Purchase | 268 | 4.7523 GBP | ||||
10p ordinary | Purchase | 209 | 4.7660 GBP | ||||
10p ordinary | Sale | 353,757 | 4.7503 GBP | ||||
10p ordinary | Sale | 319,000 | 4.7408 GBP | ||||
10p ordinary | Sale | 82,606 | 4.7400 GBP | ||||
10p ordinary | Sale | 74,646 | 4.7401 GBP | ||||
10p ordinary | Sale | 68,899 | 4.7429 GBP | ||||
10p ordinary | Sale | 49,421 | 4.7493 GBP | ||||
10p ordinary | Sale | 33,046 | 4.7542 GBP | ||||
10p ordinary | Sale | 25,995 | 4.7468 GBP | ||||
10p ordinary | Sale | 9,573 | 4.7473 GBP | ||||
10p ordinary | Sale | 7,000 | 4.7481 GBP | ||||
10p ordinary | Sale | 5,246 | 4.7533 GBP | ||||
10p ordinary | Sale | 2,718 | 4.7560 GBP | ||||
10p ordinary | Sale | 2,659 | 4.7448 GBP | ||||
10p ordinary | Sale | 2,110 | 4.7599 GBP | ||||
10p ordinary | Sale | 1,299 | 4.7675 GBP | ||||
10p ordinary | Sale | 1,105 | 4.7356 GBP | ||||
10p ordinary | Sale | 977 | 4.7660 GBP | ||||
10p ordinary | Sale | 711 | 4.7700 GBP | ||||
10p ordinary | Sale | 693 | 4.7461 GBP | ||||
10p ordinary | Sale | 693 | 4.7460 GBP | ||||
10p ordinary | Sale | 500 | 4.7522 GBP | ||||
10p ordinary | Sale | 333 | 4.7540 GBP | ||||
10p ordinary | Sale | 211 | 4.7420 GBP | ||||
10p ordinary | Sale | 68 | 4.7392 GBP | ||||
10p ordinary | Sale | 6 | 4.7380 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 | 25,662 | 4.7517 GBP | |||
10p ordinary | CFD | Decreasing Short | 59,833 | 4.7400 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,659 | 4.7448 GBP | |||
10p ordinary | CFD | Decreasing Short | 7,689 | 4.7470 GBP | |||
10p ordinary | CFD | Increasing Short | 4,867 | 4.7400 GBP | |||
10p ordinary | SWAP | Decreasing Long | 37,251 | 4.7420 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,678 | 4.7392 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,682 | 4.7430 GBP | |||
10p ordinary | SWAP | Decreasing Short | 191,000 | 4.7458 GBP | |||
10p ordinary | SWAP | Decreasing Short | 49,421 | 4.7493 GBP | |||
10p ordinary | SWAP | Decreasing Short | 21,172 | 4.7561 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,303 | 4.7265 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,297 | 4.7384 GBP | |||
10p ordinary | SWAP | Increasing Short | 24,315 | 4.7405 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,467 | 4.7460 GBP | |||
10p ordinary | SWAP | Increasing Short | 51,727 | 4.7515 GBP | |||
10p ordinary | SWAP | Decreasing Short | 68 | 4.7392 GBP | |||
10p ordinary | SWAP | Increasing Short | 36,739 | 4.7449 GBP | |||
10p ordinary | SWAP | Decreasing Short | 478,000 | 4.7458 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,664 | 4.7463 GBP | |||
10p ordinary | SWAP | Decreasing Short | 25,995 | 4.7468 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,011 | 4.7566 GBP | |||
10p ordinary | SWAP | Increasing Short | 23,560 | 4.7400 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,040 | 4.7438 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,906 | 4.7514 GBP | |||
10p ordinary | SWAP | Increasing Short | 16,018 | 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: | 28 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)