29th Jan 2025 16:31
FORM 8.3 - No Amendments to any field. However, replacing RNS: 1726V | |||||||
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): | |||||||
(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 | ||||||
offeror/offeree, state this and specify identity of | |||||||
offeror/offeree: | |||||||
(e) | Date position held/dealing undertaken: | 22 Jan 2025 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: | |||||
disclosures in respect of any other party to the offer? | 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: | 34,657,048 | 2.51% | 29,744,115 | 2.15% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 12,624,726 | 0.91% | 32,264,371 | 2.34% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 47,281,774 | 3.42% | 62,008,486 | 4.49% | |||
(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 EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales | ||||||
Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security | securities | ||||||
10p ordinary | Purchase | 198,972 | 5.9907 GBP | ||||
10p ordinary | Purchase | 195,259 | 6.0100 GBP | ||||
10p ordinary | Purchase | 135,157 | 6.0130 GBP | ||||
10p ordinary | Purchase | 131,271 | 6.0009 GBP | ||||
10p ordinary | Purchase | 105,831 | 5.9900 GBP | ||||
10p ordinary | Purchase | 88,381 | 5.9922 GBP | ||||
10p ordinary | Purchase | 84,774 | 6.0049 GBP | ||||
10p ordinary | Purchase | 58,967 | 5.9903 GBP | ||||
10p ordinary | Purchase | 56,282 | 6.0000 GBP | ||||
10p ordinary | Purchase | 55,684 | 6.0150 GBP | ||||
10p ordinary | Purchase | 45,259 | 6.0019 GBP | ||||
10p ordinary | Purchase | 39,470 | 6.0007 GBP | ||||
10p ordinary | Purchase | 23,033 | 6.0064 GBP | ||||
10p ordinary | Purchase | 22,936 | 6.0050 GBP | ||||
10p ordinary | Purchase | 15,000 | 5.9917 GBP | ||||
10p ordinary | Purchase | 10,528 | 5.9982 GBP | ||||
10p ordinary | Purchase | 10,171 | 6.0078 GBP | ||||
10p ordinary | Purchase | 10,137 | 5.9993 GBP | ||||
10p ordinary | Purchase | 10,000 | 6.0068 GBP | ||||
10p ordinary | Purchase | 9,878 | 6.0017 GBP | ||||
10p ordinary | Purchase | 9,563 | 6.0018 GBP | ||||
10p ordinary | Purchase | 8,490 | 6.0028 GBP | ||||
10p ordinary | Purchase | 8,200 | 6.0158 GBP | ||||
10p ordinary | Purchase | 7,920 | 5.9952 GBP | ||||
10p ordinary | Purchase | 7,795 | 6.0044 GBP | ||||
10p ordinary | Purchase | 4,802 | 5.9995 GBP | ||||
10p ordinary | Purchase | 4,666 | 5.9944 GBP | ||||
10p ordinary | Purchase | 4,476 | 6.0034 GBP | ||||
10p ordinary | Purchase | 4,243 | 5.9958 GBP | ||||
10p ordinary | Purchase | 3,802 | 6.0004 GBP | ||||
10p ordinary | Purchase | 2,853 | 6.0073 GBP | ||||
10p ordinary | Purchase | 2,407 | 6.0046 GBP | ||||
10p ordinary | Purchase | 1,966 | 6.0077 GBP | ||||
10p ordinary | Purchase | 1,584 | 5.9950 GBP | ||||
10p ordinary | Purchase | 1,286 | 5.9963 GBP | ||||
10p ordinary | Purchase | 1,159 | 5.9999 GBP | ||||
10p ordinary | Purchase | 1,039 | 6.0024 GBP | ||||
10p ordinary | Purchase | 944 | 5.9956 GBP | ||||
10p ordinary | Purchase | 598 | 6.0003 GBP | ||||
10p ordinary | Purchase | 556 | 6.0025 GBP | ||||
10p ordinary | Purchase | 280 | 5.9800 GBP | ||||
10p ordinary | Purchase | 45 | 6.0327 GBP | ||||
10p ordinary | Purchase | 25 | 6.0350 GBP | ||||
10p ordinary | Purchase | 20 | 6.0300 GBP | ||||
10p ordinary | Purchase | 1 | 6.0098 GBP | ||||
10p ordinary | Sale | 143,048 | 5.9989 GBP | ||||
10p ordinary | Sale | 138,269 | 6.0000 GBP | ||||
10p ordinary | Sale | 118,437 | 6.0016 GBP | ||||
10p ordinary | Sale | 115,607 | 5.9933 GBP | ||||
10p ordinary | Sale | 105,888 | 5.9900 GBP | ||||
10p ordinary | Sale | 75,003 | 5.9893 GBP | ||||
10p ordinary | Sale | 65,376 | 6.0010 GBP | ||||
10p ordinary | Sale | 58,967 | 5.9903 GBP | ||||
10p ordinary | Sale | 55,684 | 6.0171 GBP | ||||
10p ordinary | Sale | 51,615 | 6.0005 GBP | ||||
10p ordinary | Sale | 27,500 | 5.9971 GBP | ||||
10p ordinary | Sale | 27,339 | 5.9985 GBP | ||||
10p ordinary | Sale | 20,993 | 5.9993 GBP | ||||
10p ordinary | Sale | 19,792 | 5.9931 GBP | ||||
10p ordinary | Sale | 15,948 | 5.9936 GBP | ||||
10p ordinary | Sale | 11,496 | 6.0038 GBP | ||||
10p ordinary | Sale | 7,368 | 5.9967 GBP | ||||
10p ordinary | Sale | 4,802 | 5.9995 GBP | ||||
10p ordinary | Sale | 4,537 | 5.9992 GBP | ||||
10p ordinary | Sale | 4,476 | 6.0034 GBP | ||||
10p ordinary | Sale | 3,426 | 5.9958 GBP | ||||
10p ordinary | Sale | 2,549 | 6.0050 GBP | ||||
10p ordinary | Sale | 1,946 | 6.0041 GBP | ||||
10p ordinary | Sale | 1,670 | 5.9975 GBP | ||||
10p ordinary | Sale | 1,164 | 6.0060 GBP | ||||
10p ordinary | Sale | 752 | 6.0056 GBP | ||||
10p ordinary | Sale | 579 | 6.0006 GBP | ||||
10p ordinary | Sale | 552 | 5.9750 GBP | ||||
10p ordinary | Sale | 333 | 6.0399 GBP | ||||
10p ordinary | Sale | 81 | 6.0338 GBP | ||||
10p ordinary | Sale | 81 | 5.9954 GBP | ||||
10p ordinary | Sale | 36 | 5.9970 GBP | ||||
10p ordinary | Sale | 25 | 6.0350 GBP | ||||
10p ordinary | Sale | 20 | 6.0300 GBP | ||||
10p ordinary | Sale | 19 | 6.0107 GBP | ||||
10p ordinary | Sale | 1 | 6.0057 GBP | ||||
10p ordinary | Sale | 1 | 6.0100 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | reference | unit | ||||
security | securities | ||||||
10p ordinary | SWAP | Increasing Short | 13,024 | 5.9980 GBP | |||
10p ordinary | SWAP | Decreasing Short | 75,003 | 5.9893 USD | |||
10p ordinary | SWAP | Decreasing Short | 3,782 | 5.9900 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,792 | 5.9931 GBP | |||
10p ordinary | SWAP | Decreasing Short | 21,769 | 5.9962 GBP | |||
10p ordinary | SWAP | Decreasing Short | 27,500 | 5.9971 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,125 | 5.9972 GBP | |||
10p ordinary | SWAP | Decreasing Short | 100,000 | 5.9985 GBP | |||
10p ordinary | SWAP | Decreasing Short | 400,000 | 5.9985 USD | |||
10p ordinary | SWAP | Decreasing Short | 81,606 | 6.0001 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,946 | 6.0041 GBP | |||
10p ordinary | SWAP | Decreasing Short | 752 | 6.0056 GBP | |||
10p ordinary | SWAP | Decreasing Short | 55,684 | 6.0171 GBP | |||
10p ordinary | SWAP | Decreasing Short | 333 | 6.0399 GBP | |||
10p ordinary | SWAP | Decreasing Short | 63 | 6.0400 GBP | |||
10p ordinary | SWAP | Increasing Short | 99,850 | 5.9606 USD | |||
10p ordinary | SWAP | Increasing Short | 51,015 | 5.9900 GBP | |||
10p ordinary | SWAP | Increasing Short | 57,710 | 5.9908 GBP | |||
10p ordinary | SWAP | Increasing Short | 944 | 5.9956 GBP | |||
10p ordinary | SWAP | Increasing Short | 100,000 | 5.9985 GBP | |||
10p ordinary | SWAP | Increasing Short | 150,000 | 5.9985 USD | |||
10p ordinary | SWAP | Increasing Short | 153,646 | 5.9989 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,159 | 5.9999 GBP | |||
10p ordinary | SWAP | Increasing Short | 62,915 | 6.0030 GBP | |||
10p ordinary | SWAP | Increasing Short | 78,543 | 6.0049 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,556 | 6.0050 GBP | |||
10p ordinary | SWAP | Increasing Short | 23,033 | 6.0064 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,966 | 6.0077 GBP | |||
10p ordinary | SWAP | Increasing Short | 364 | 6.0100 GBP | |||
10p ordinary | SWAP | Increasing Short | 135,157 | 6.0130 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,744 | 5.9900 GBP | |||
10p ordinary | CFD | Decreasing Short | 58,967 | 5.9903 GBP | |||
10p ordinary | CFD | Decreasing Short | 4,047 | 5.9923 GBP | |||
10p ordinary | CFD | Decreasing Short | 30,000 | 5.9979 GBP | |||
10p ordinary | CFD | Increasing Short | 31,132 | 5.9900 GBP | |||
10p ordinary | CFD | Increasing Short | 465 | 6.0503 GBP | |||
10p ordinary | SWAP | Closing Short | 4,537 | 5.9993 GBP | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price | date | money | |
relevant | selling, | securities | per unit | paid/ | |||
security | varying etc | to which | received | ||||
option | per unit | ||||||
relates | |||||||
(ii) | Exercising | ||||||
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security | securities | unit | |||||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security | 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 exempt principal trader 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 | ||||||
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 | ||||||