10th Sep 2024 07:09
FORM 8.3 - Amendment to 2a and 3bReplaces form Released at 06/09/2024 14:54 RNS Number : 2936D | |||||||
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: | 05 Sep 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: | 32,983,334 | 2.39% | 28,558,457 | 2.07% | |||
(2) Cash-settled derivatives: | 11,135,542 | 0.81% | 32,685,604 | 2.37% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 44,118,876 | 3.20% | 61,244,061 | 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 | 190,169 | 4.5014 GBP | ||||
10p ordinary | Purchase | 127,775 | 4.4937 GBP | ||||
10p ordinary | Purchase | 94,283 | 4.4940 GBP | ||||
10p ordinary | Purchase | 79,857 | 4.5148 GBP | ||||
10p ordinary | Purchase | 49,026 | 4.5210 GBP | ||||
10p ordinary | Purchase | 43,948 | 4.5157 GBP | ||||
10p ordinary | Purchase | 31,183 | 4.5133 GBP | ||||
10p ordinary | Purchase | 9,999 | 4.5032 GBP | ||||
10p ordinary | Purchase | 8,863 | 4.5140 GBP | ||||
10p ordinary | Purchase | 8,033 | 4.4970 GBP | ||||
10p ordinary | Purchase | 7,947 | 4.5007 GBP | ||||
10p ordinary | Purchase | 4,500 | 4.5719 GBP | ||||
10p ordinary | Purchase | 4,394 | 4.5069 GBP | ||||
10p ordinary | Purchase | 4,374 | 4.4946 GBP | ||||
10p ordinary | Purchase | 4,156 | 4.5123 GBP | ||||
10p ordinary | Purchase | 3,689 | 4.5153 GBP | ||||
10p ordinary | Purchase | 3,198 | 4.4960 GBP | ||||
10p ordinary | Purchase | 2,495 | 4.5103 GBP | ||||
10p ordinary | Purchase | 1,414 | 4.5440 GBP | ||||
10p ordinary | Purchase | 1,317 | 4.5040 GBP | ||||
10p ordinary | Purchase | 255 | 4.5107 GBP | ||||
10p ordinary | Purchase | 226 | 4.5080 GBP | ||||
10p ordinary | Purchase | 89 | 4.4900 GBP | ||||
10p ordinary | Purchase | 88 | 4.4980 GBP | ||||
10p ordinary | Sale | 168,052 | 4.5109 GBP | ||||
10p ordinary | Sale | 162,537 | 4.4960 GBP | ||||
10p ordinary | Sale | 111,217 | 4.5232 GBP | ||||
10p ordinary | Sale | 82,313 | 4.5093 GBP | ||||
10p ordinary | Sale | 34,143 | 4.4985 GBP | ||||
10p ordinary | Sale | 33,156 | 4.4940 GBP | ||||
10p ordinary | Sale | 27,804 | 4.4972 GBP | ||||
10p ordinary | Sale | 26,934 | 4.5177 GBP | ||||
10p ordinary | Sale | 24,198 | 4.5157 GBP | ||||
10p ordinary | Sale | 20,655 | 4.5162 GBP | ||||
10p ordinary | Sale | 13,321 | 4.5155 GBP | ||||
10p ordinary | Sale | 7,947 | 4.5007 GBP | ||||
10p ordinary | Sale | 7,363 | 4.5169 GBP | ||||
10p ordinary | Sale | 6,963 | 4.5140 GBP | ||||
10p ordinary | Sale | 6,274 | 4.5167 GBP | ||||
10p ordinary | Sale | 5,987 | 4.5249 GBP | ||||
10p ordinary | Sale | 3,977 | 4.5227 GBP | ||||
10p ordinary | Sale | 3,779 | 4.5215 GBP | ||||
10p ordinary | Sale | 2,481 | 4.5254 GBP | ||||
10p ordinary | Sale | 1,944 | 4.5130 GBP | ||||
10p ordinary | Sale | 1,072 | 4.5260 GBP | ||||
10p ordinary | Sale | 908 | 4.5105 GBP | ||||
10p ordinary | Sale | 581 | 4.5750 GBP | ||||
10p ordinary | Sale | 315 | 4.5030 GBP | ||||
10p ordinary | Sale | 226 | 4.5080 GBP | ||||
10p ordinary | Sale | 149 | 4.5070 GBP | ||||
10p ordinary | Sale | 97 | 4.5180 GBP | ||||
10p ordinary | Sale | 89 | 4.4900 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 | 15,534 | 4.5046 GBP | |||
10p ordinary | SWAP | Decreasing Short | 27,148 | 4.4937 GBP | |||
10p ordinary | SWAP | Decreasing Short | 23,256 | 4.4940 GBP | |||
10p ordinary | SWAP | Decreasing Short | 34,143 | 4.4985 GBP | |||
10p ordinary | SWAP | Decreasing Short | 82,313 | 4.5093 GBP | |||
10p ordinary | SWAP | Decreasing Short | 17,142 | 4.5102 GBP | |||
10p ordinary | SWAP | Decreasing Short | 110,286 | 4.5143 GBP | |||
10p ordinary | SWAP | Decreasing Short | 26,563 | 4.5147 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,984 | 4.5148 GBP | |||
10p ordinary | SWAP | Decreasing Short | 13,692 | 4.5174 GBP | |||
10p ordinary | SWAP | Decreasing Short | 139,021 | 4.5180 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,977 | 4.5227 GBP | |||
10p ordinary | SWAP | Increasing Short | 44,950 | 4.4940 GBP | |||
10p ordinary | SWAP | Increasing Short | 99,932 | 4.4941 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,374 | 4.4946 GBP | |||
10p ordinary | SWAP | Increasing Short | 352 | 4.4976 GBP | |||
10p ordinary | SWAP | Increasing Short | 9,999 | 4.5032 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,394 | 4.5069 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,156 | 4.5123 GBP | |||
10p ordinary | SWAP | Increasing Short | 79,857 | 4.5148 GBP | |||
10p ordinary | SWAP | Increasing Short | 43,948 | 4.5157 GBP | |||
10p ordinary | SWAP | Increasing Short | 50,431 | 4.5190 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,414 | 4.5440 GBP | |||
10p ordinary | CFD | Decreasing Short | 15,894 | 4.5007 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,113 | 4.5144 GBP | |||
10p ordinary | CFD | Decreasing Short | 113 | 4.5679 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,441 | 4.5680 GBP | |||
10p ordinary | CFD | Increasing Short | 35,119 | 4.4940 GBP | |||
10p ordinary | CFD | Increasing Short | 6,963 | 4.5139 GBP | |||
10p ordinary | CFD | Increasing Short | 113 | 4.5679 GBP | |||
10p ordinary | CFD | Increasing Short | 2,441 | 4.5680 GBP | |||
NB: The below transactions which were previously disclosed have been cancelled | |||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
10p ordinary | CFD | Short | 7,947 | 4.5008 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: | 10 Sep 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)