24th Jan 2025 14:19
FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 17/01/2025 14:39 RNS Number : 8245T | |||||||
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: | 16 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: | 33,223,881 | 2.40% | 30,381,640 | 2.20% | |||
(2) Cash-settled derivatives: | 12,558,243 | 0.91% | 30,960,114 | 2.24% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 45,782,124 | 3.31% | 61,341,754 | 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 | 409,000 | 5.7900 GBP | ||||
10p ordinary | Purchase | 280,000 | 5.7609 GBP | ||||
10p ordinary | Purchase | 78,862 | 5.7881 GBP | ||||
10p ordinary | Purchase | 76,157 | 5.7865 GBP | ||||
10p ordinary | Purchase | 70,893 | 5.7896 GBP | ||||
10p ordinary | Purchase | 36,267 | 5.7806 GBP | ||||
10p ordinary | Purchase | 33,443 | 5.7736 GBP | ||||
10p ordinary | Purchase | 28,660 | 5.7894 GBP | ||||
10p ordinary | Purchase | 23,992 | 5.7798 GBP | ||||
10p ordinary | Purchase | 11,813 | 5.7821 GBP | ||||
10p ordinary | Purchase | 10,536 | 5.7975 GBP | ||||
10p ordinary | Purchase | 10,466 | 5.7814 GBP | ||||
10p ordinary | Purchase | 10,049 | 5.7880 GBP | ||||
10p ordinary | Purchase | 9,420 | 5.7691 GBP | ||||
10p ordinary | Purchase | 8,497 | 5.7658 GBP | ||||
10p ordinary | Purchase | 8,078 | 5.7743 GBP | ||||
10p ordinary | Purchase | 7,777 | 5.7866 GBP | ||||
10p ordinary | Purchase | 7,677 | 5.7810 GBP | ||||
10p ordinary | Purchase | 6,687 | 5.7753 GBP | ||||
10p ordinary | Purchase | 6,363 | 5.7741 GBP | ||||
10p ordinary | Purchase | 5,955 | 5.7677 GBP | ||||
10p ordinary | Purchase | 4,786 | 5.7657 GBP | ||||
10p ordinary | Purchase | 4,682 | 5.7675 GBP | ||||
10p ordinary | Purchase | 4,547 | 5.7934 GBP | ||||
10p ordinary | Purchase | 4,015 | 5.7678 GBP | ||||
10p ordinary | Purchase | 3,624 | 5.7789 GBP | ||||
10p ordinary | Purchase | 2,661 | 5.7612 GBP | ||||
10p ordinary | Purchase | 1,889 | 5.7611 GBP | ||||
10p ordinary | Purchase | 1,822 | 5.7679 GBP | ||||
10p ordinary | Purchase | 1,605 | 5.7683 GBP | ||||
10p ordinary | Purchase | 1,270 | 5.8000 GBP | ||||
10p ordinary | Purchase | 1,228 | 5.7600 GBP | ||||
10p ordinary | Purchase | 1,200 | 5.7550 GBP | ||||
10p ordinary | Purchase | 869 | 5.7711 GBP | ||||
10p ordinary | Purchase | 648 | 5.7650 GBP | ||||
10p ordinary | Purchase | 648 | 5.7648 GBP | ||||
10p ordinary | Purchase | 637 | 5.7989 GBP | ||||
10p ordinary | Purchase | 636 | 5.7950 GBP | ||||
10p ordinary | Purchase | 334 | 5.7851 GBP | ||||
10p ordinary | Purchase | 108 | 5.7769 GBP | ||||
10p ordinary | Sale | 3,500,000 | 5.7200 GBP | ||||
10p ordinary | Sale | 120,045 | 5.7900 GBP | ||||
10p ordinary | Sale | 109,789 | 5.7909 GBP | ||||
10p ordinary | Sale | 70,893 | 5.7896 GBP | ||||
10p ordinary | Sale | 69,163 | 5.7830 GBP | ||||
10p ordinary | Sale | 27,008 | 5.7703 GBP | ||||
10p ordinary | Sale | 23,556 | 5.7838 GBP | ||||
10p ordinary | Sale | 22,809 | 5.7842 GBP | ||||
10p ordinary | Sale | 22,500 | 5.7695 GBP | ||||
10p ordinary | Sale | 19,154 | 5.7818 GBP | ||||
10p ordinary | Sale | 14,924 | 5.7831 GBP | ||||
10p ordinary | Sale | 12,524 | 5.7911 GBP | ||||
10p ordinary | Sale | 11,509 | 5.7834 GBP | ||||
10p ordinary | Sale | 8,014 | 5.7949 GBP | ||||
10p ordinary | Sale | 6,423 | 5.7549 GBP | ||||
10p ordinary | Sale | 6,161 | 5.7707 GBP | ||||
10p ordinary | Sale | 5,761 | 5.7754 GBP | ||||
10p ordinary | Sale | 4,984 | 5.7743 GBP | ||||
10p ordinary | Sale | 4,786 | 5.7657 GBP | ||||
10p ordinary | Sale | 4,630 | 5.7812 GBP | ||||
10p ordinary | Sale | 4,191 | 5.7660 GBP | ||||
10p ordinary | Sale | 3,227 | 5.7683 GBP | ||||
10p ordinary | Sale | 2,909 | 5.7809 GBP | ||||
10p ordinary | Sale | 2,538 | 5.7891 GBP | ||||
10p ordinary | Sale | 1,808 | 5.7714 GBP | ||||
10p ordinary | Sale | 1,783 | 5.7847 GBP | ||||
10p ordinary | Sale | 1,636 | 5.7859 GBP | ||||
10p ordinary | Sale | 1,219 | 5.7759 GBP | ||||
10p ordinary | Sale | 1,092 | 5.7803 GBP | ||||
10p ordinary | Sale | 1,086 | 5.7675 GBP | ||||
10p ordinary | Sale | 1,002 | 5.7989 GBP | ||||
10p ordinary | Sale | 993 | 5.7850 GBP | ||||
10p ordinary | Sale | 926 | 5.7750 GBP | ||||
10p ordinary | Sale | 788 | 5.7655 GBP | ||||
10p ordinary | Sale | 649 | 5.7650 GBP | ||||
10p ordinary | Sale | 636 | 5.7950 GBP | ||||
10p ordinary | Sale | 597 | 5.7600 GBP | ||||
10p ordinary | Sale | 588 | 5.7800 GBP | ||||
10p ordinary | Sale | 568 | 5.7799 GBP | ||||
10p ordinary | Sale | 545 | 5.7625 GBP | ||||
10p ordinary | Sale | 506 | 5.7941 GBP | ||||
10p ordinary | Sale | 17 | 5.7705 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 | 76,271 | 5.7809 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,387 | 5.7848 GBP | |||
10p ordinary | SWAP | Decreasing Short | 44 | 5.7200 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,423 | 5.7549 GBP | |||
10p ordinary | SWAP | Decreasing Short | 22,500 | 5.7695 USD | |||
10p ordinary | SWAP | Decreasing Short | 3,780 | 5.7812 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,154 | 5.7818 GBP | |||
10p ordinary | SWAP | Decreasing Short | 69,163 | 5.7830 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,407 | 5.7844 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,783 | 5.7847 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,874 | 5.7872 GBP | |||
10p ordinary | SWAP | Decreasing Short | 85,393 | 5.7886 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,524 | 5.7911 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8,014 | 5.7949 GBP | |||
10p ordinary | SWAP | Increasing Short | 631 | 5.7600 GBP | |||
10p ordinary | SWAP | Increasing Short | 869 | 5.7711 GBP | |||
10p ordinary | SWAP | Increasing Short | 33,443 | 5.7736 GBP | |||
10p ordinary | SWAP | Increasing Short | 135,847 | 5.7841 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,875 | 5.7845 GBP | |||
10p ordinary | SWAP | Increasing Short | 278,663 | 5.7900 GBP | |||
10p ordinary | SWAP | Increasing Short | 637 | 5.7988 GBP | |||
10p ordinary | CFD | Decreasing Short | 30,000 | 5.7699 GBP | |||
10p ordinary | CFD | Decreasing Short | 44,762 | 5.7900 GBP | |||
10p ordinary | CFD | Increasing Short | 70,893 | 5.7896 GBP | |||
10p ordinary | CFD | Increasing Short | 852 | 5.7900 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,497 | 5.7658 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: | 24 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)