24th Jan 2025 14:26
FORM 8.3 - Amendment to 2aReplaces form Released at 23/01/2025 15:21 RNS Number : 5076U | |||||||
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: | 22 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: | 34,657,048 | 2.51% | 29,744,115 | 2.15% | |||
(2) Cash-settled derivatives: | 12,582,282 | 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: | 47,239,330 | 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 PERSON MAKING THE DISCLOSURE | ||||||
(a) | Purchase and sales | ||||||
Class of relevant security | Purchase/sale | Number of securities | Price per unit | ||||
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 relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
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 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)