29th Jan 2025 16:03
FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 21/01/2025 14:59 RNS Number : 1677U | |||||||
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: | 20 Jan 2025 | |||||
(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: | 33,758,671 | 2.44% | 29,895,095 | 2.17% | |||
(2) Cash-settled derivatives: | 12,818,526 | 0.93% | 31,612,286 | 2.29% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 46,577,197 | 3.37% | 61,507,381 | 4.46% | |||
(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 | 250,000 | 5.9257 GBP | ||||
10p ordinary | Purchase | 173,677 | 5.8850 GBP | ||||
10p ordinary | Purchase | 172,415 | 5.9016 GBP | ||||
10p ordinary | Purchase | 44,505 | 5.9007 GBP | ||||
10p ordinary | Purchase | 44,056 | 5.8831 GBP | ||||
10p ordinary | Purchase | 11,989 | 5.8801 GBP | ||||
10p ordinary | Purchase | 8,246 | 5.8973 GBP | ||||
10p ordinary | Purchase | 6,104 | 5.9050 GBP | ||||
10p ordinary | Purchase | 5,523 | 5.9059 GBP | ||||
10p ordinary | Purchase | 4,597 | 5.8815 GBP | ||||
10p ordinary | Purchase | 4,359 | 5.8768 GBP | ||||
10p ordinary | Purchase | 4,181 | 5.8907 GBP | ||||
10p ordinary | Purchase | 3,772 | 5.8713 GBP | ||||
10p ordinary | Purchase | 2,795 | 5.9000 GBP | ||||
10p ordinary | Purchase | 2,557 | 5.9090 GBP | ||||
10p ordinary | Purchase | 2,455 | 5.9025 GBP | ||||
10p ordinary | Purchase | 2,246 | 5.8922 GBP | ||||
10p ordinary | Purchase | 2,140 | 5.8615 GBP | ||||
10p ordinary | Purchase | 1,946 | 5.8930 GBP | ||||
10p ordinary | Purchase | 1,522 | 5.8600 GBP | ||||
10p ordinary | Purchase | 1,165 | 5.9100 GBP | ||||
10p ordinary | Purchase | 1,154 | 5.9207 GBP | ||||
10p ordinary | Purchase | 1,085 | 5.9327 GBP | ||||
10p ordinary | Purchase | 944 | 5.9250 GBP | ||||
10p ordinary | Purchase | 637 | 5.8550 GBP | ||||
10p ordinary | Purchase | 472 | 5.8940 GBP | ||||
10p ordinary | Purchase | 472 | 5.9148 GBP | ||||
10p ordinary | Purchase | 472 | 5.9150 GBP | ||||
10p ordinary | Purchase | 362 | 5.8549 GBP | ||||
10p ordinary | Purchase | 181 | 5.8650 GBP | ||||
10p ordinary | Sale | 584,787 | 5.9250 GBP | ||||
10p ordinary | Sale | 96,390 | 5.8881 GBP | ||||
10p ordinary | Sale | 76,310 | 5.9013 GBP | ||||
10p ordinary | Sale | 70,639 | 5.8895 GBP | ||||
10p ordinary | Sale | 62,950 | 5.9007 GBP | ||||
10p ordinary | Sale | 59,009 | 5.8850 GBP | ||||
10p ordinary | Sale | 20,498 | 5.9035 GBP | ||||
10p ordinary | Sale | 16,437 | 5.8970 GBP | ||||
10p ordinary | Sale | 16,384 | 5.9088 GBP | ||||
10p ordinary | Sale | 10,465 | 5.8997 GBP | ||||
10p ordinary | Sale | 10,290 | 5.8910 GBP | ||||
10p ordinary | Sale | 9,713 | 5.8963 GBP | ||||
10p ordinary | Sale | 9,028 | 5.8825 GBP | ||||
10p ordinary | Sale | 7,781 | 5.8918 GBP | ||||
10p ordinary | Sale | 7,602 | 5.9018 GBP | ||||
10p ordinary | Sale | 7,529 | 5.8975 GBP | ||||
10p ordinary | Sale | 7,302 | 5.9074 GBP | ||||
10p ordinary | Sale | 7,116 | 5.9096 GBP | ||||
10p ordinary | Sale | 5,230 | 5.9047 GBP | ||||
10p ordinary | Sale | 4,658 | 5.9019 GBP | ||||
10p ordinary | Sale | 3,934 | 5.8899 GBP | ||||
10p ordinary | Sale | 3,065 | 5.8725 GBP | ||||
10p ordinary | Sale | 1,976 | 5.9224 GBP | ||||
10p ordinary | Sale | 1,411 | 5.8798 GBP | ||||
10p ordinary | Sale | 1,344 | 5.9000 GBP | ||||
10p ordinary | Sale | 1,296 | 5.8738 GBP | ||||
10p ordinary | Sale | 1,180 | 5.9075 GBP | ||||
10p ordinary | Sale | 1,119 | 5.9050 GBP | ||||
10p ordinary | Sale | 999 | 5.8550 GBP | ||||
10p ordinary | Sale | 716 | 5.9200 GBP | ||||
10p ordinary | Sale | 587 | 5.9245 GBP | ||||
10p ordinary | Sale | 537 | 5.9100 GBP | ||||
10p ordinary | Sale | 472 | 5.9150 GBP | ||||
10p ordinary | Sale | 11 | 5.8884 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 | Increasing Short | 32,975 | 5.8914 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,065 | 5.8725 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,477 | 5.8776 GBP | |||
10p ordinary | SWAP | Decreasing Short | 35,043 | 5.8839 GBP | |||
10p ordinary | SWAP | Decreasing Short | 224 | 5.8850 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,934 | 5.8899 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,290 | 5.8910 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,781 | 5.8918 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,281 | 5.9019 GBP | |||
10p ordinary | SWAP | Decreasing Short | 16,384 | 5.9088 GBP | |||
10p ordinary | SWAP | Increasing Short | 181 | 5.8650 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,772 | 5.8713 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,989 | 5.8801 GBP | |||
10p ordinary | SWAP | Increasing Short | 60,264 | 5.8850 GBP | |||
10p ordinary | SWAP | Increasing Short | 472 | 5.8939 GBP | |||
10p ordinary | CFD | Decreasing Short | 57,060 | 5.8850 GBP | |||
10p ordinary | CFD | Decreasing Short | 7 | 5.8857 GBP | |||
10p ordinary | CFD | Increasing Short | 2,569 | 5.8850 GBP | |||
10p ordinary | CFD | Increasing Short | 1,047 | 5.8853 GBP | |||
10p ordinary | CFD | Increasing Short | 7 | 5.8857 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: | 29 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)