29th Jan 2025 16:18
FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 22/01/2025 14:33 RNS Number : 3343U | |||||||
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: | 21 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: | 34,342,394 | 2.48% | 29,729,791 | 2.15% | |||
(2) Cash-settled derivatives: | 12,548,639 | 0.91% | 32,142,899 | 2.33% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 46,891,033 | 3.39% | 61,872,690 | 4.48% | |||
(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 | 429,929 | 6.0150 GBP | ||||
10p ordinary | Purchase | 325,735 | 5.9497 GBP | ||||
10p ordinary | Purchase | 99,850 | 5.9606 GBP | ||||
10p ordinary | Purchase | 89,343 | 6.0100 GBP | ||||
10p ordinary | Purchase | 73,340 | 6.0042 GBP | ||||
10p ordinary | Purchase | 55,185 | 5.9429 GBP | ||||
10p ordinary | Purchase | 37,076 | 5.9648 GBP | ||||
10p ordinary | Purchase | 24,770 | 5.9645 GBP | ||||
10p ordinary | Purchase | 22,551 | 5.9672 GBP | ||||
10p ordinary | Purchase | 21,441 | 5.9206 GBP | ||||
10p ordinary | Purchase | 21,272 | 5.9855 GBP | ||||
10p ordinary | Purchase | 17,785 | 5.9674 GBP | ||||
10p ordinary | Purchase | 13,923 | 5.9538 GBP | ||||
10p ordinary | Purchase | 12,686 | 5.9319 GBP | ||||
10p ordinary | Purchase | 10,334 | 5.9223 GBP | ||||
10p ordinary | Purchase | 10,299 | 5.9522 GBP | ||||
10p ordinary | Purchase | 7,182 | 5.9688 GBP | ||||
10p ordinary | Purchase | 6,581 | 5.9553 GBP | ||||
10p ordinary | Purchase | 6,412 | 5.9240 GBP | ||||
10p ordinary | Purchase | 6,250 | 5.9545 GBP | ||||
10p ordinary | Purchase | 5,953 | 5.9743 GBP | ||||
10p ordinary | Purchase | 5,497 | 5.9443 GBP | ||||
10p ordinary | Purchase | 3,825 | 5.9427 GBP | ||||
10p ordinary | Purchase | 3,711 | 5.9041 GBP | ||||
10p ordinary | Purchase | 3,294 | 5.8950 GBP | ||||
10p ordinary | Purchase | 3,284 | 6.0013 GBP | ||||
10p ordinary | Purchase | 3,159 | 6.0105 GBP | ||||
10p ordinary | Purchase | 2,820 | 5.9466 GBP | ||||
10p ordinary | Purchase | 2,525 | 5.9835 GBP | ||||
10p ordinary | Purchase | 2,295 | 5.9598 GBP | ||||
10p ordinary | Purchase | 2,248 | 5.9817 GBP | ||||
10p ordinary | Purchase | 2,199 | 5.9650 GBP | ||||
10p ordinary | Purchase | 2,168 | 6.0006 GBP | ||||
10p ordinary | Purchase | 1,808 | 5.9619 GBP | ||||
10p ordinary | Purchase | 1,807 | 5.9915 GBP | ||||
10p ordinary | Purchase | 1,515 | 5.9420 GBP | ||||
10p ordinary | Purchase | 1,348 | 6.0040 GBP | ||||
10p ordinary | Purchase | 1,281 | 5.9092 GBP | ||||
10p ordinary | Purchase | 1,185 | 6.0025 GBP | ||||
10p ordinary | Purchase | 1,101 | 6.0012 GBP | ||||
10p ordinary | Purchase | 1,000 | 5.9217 GBP | ||||
10p ordinary | Purchase | 990 | 5.9968 GBP | ||||
10p ordinary | Purchase | 561 | 5.9100 GBP | ||||
10p ordinary | Purchase | 456 | 5.9702 GBP | ||||
10p ordinary | Purchase | 437 | 6.0068 GBP | ||||
10p ordinary | Purchase | 358 | 5.9200 GBP | ||||
10p ordinary | Purchase | 190 | 5.9125 GBP | ||||
10p ordinary | Purchase | 32 | 6.0248 GBP | ||||
10p ordinary | Purchase | 32 | 6.0250 GBP | ||||
10p ordinary | Sale | 174,179 | 5.9962 GBP | ||||
10p ordinary | Sale | 109,523 | 5.9389 GBP | ||||
10p ordinary | Sale | 100,000 | 6.0057 GBP | ||||
10p ordinary | Sale | 95,755 | 6.0150 GBP | ||||
10p ordinary | Sale | 16,500 | 5.9890 GBP | ||||
10p ordinary | Sale | 14,836 | 5.9729 GBP | ||||
10p ordinary | Sale | 14,041 | 5.9822 GBP | ||||
10p ordinary | Sale | 13,959 | 5.9809 GBP | ||||
10p ordinary | Sale | 11,542 | 5.9591 GBP | ||||
10p ordinary | Sale | 7,798 | 5.9858 GBP | ||||
10p ordinary | Sale | 6,602 | 5.9237 GBP | ||||
10p ordinary | Sale | 6,543 | 6.0126 GBP | ||||
10p ordinary | Sale | 5,713 | 5.9687 GBP | ||||
10p ordinary | Sale | 4,463 | 6.0137 GBP | ||||
10p ordinary | Sale | 3,960 | 6.0032 GBP | ||||
10p ordinary | Sale | 3,455 | 5.9147 GBP | ||||
10p ordinary | Sale | 2,923 | 5.9852 GBP | ||||
10p ordinary | Sale | 1,923 | 6.0062 GBP | ||||
10p ordinary | Sale | 1,774 | 5.9200 GBP | ||||
10p ordinary | Sale | 1,423 | 5.9150 GBP | ||||
10p ordinary | Sale | 1,092 | 5.9600 GBP | ||||
10p ordinary | Sale | 994 | 6.0050 GBP | ||||
10p ordinary | Sale | 548 | 6.0075 GBP | ||||
10p ordinary | Sale | 418 | 5.9199 GBP | ||||
10p ordinary | Sale | 32 | 6.0250 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 | 116,670 | 5.9704 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,857 | 5.9754 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,455 | 5.9147 GBP | |||
10p ordinary | SWAP | Decreasing Short | 418 | 5.9199 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,082 | 5.9386 GBP | |||
10p ordinary | SWAP | Decreasing Short | 109,523 | 5.9389 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,092 | 5.9600 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,836 | 5.9729 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,086 | 6.0009 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,463 | 6.0137 GBP | |||
10p ordinary | SWAP | Decreasing Short | 27,732 | 6.0150 GBP | |||
10p ordinary | SWAP | Decreasing Short | 69,319 | 6.0154 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,281 | 5.9092 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,441 | 5.9206 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,000 | 5.9218 GBP | |||
10p ordinary | SWAP | Increasing Short | 250,000 | 5.9257 USD | |||
10p ordinary | SWAP | Increasing Short | 16,648 | 5.9284 GBP | |||
10p ordinary | SWAP | Increasing Short | 10,526 | 5.9327 GBP | |||
10p ordinary | SWAP | Increasing Short | 55,185 | 5.9429 GBP | |||
10p ordinary | SWAP | Increasing Short | 456 | 5.9701 GBP | |||
10p ordinary | SWAP | Increasing Short | 134,073 | 5.9776 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,248 | 5.9817 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,807 | 5.9915 GBP | |||
10p ordinary | SWAP | Increasing Short | 437 | 6.0068 GBP | |||
10p ordinary | SWAP | Increasing Short | 29,297 | 6.0137 GBP | |||
10p ordinary | SWAP | Increasing Short | 189,536 | 6.0150 GBP | |||
10p ordinary | CFD | Decreasing Short | 358 | 5.9200 GBP | |||
10p ordinary | CFD | Decreasing Short | 30,000 | 5.9958 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,703 | 6.0150 GBP | |||
10p ordinary | CFD | Decreasing Short | 3 | 6.0166 GBP | |||
10p ordinary | CFD | Increasing Short | 239,001 | 5.9296 GBP | |||
10p ordinary | CFD | Increasing Short | 96,064 | 6.0150 GBP | |||
10p ordinary | CFD | Increasing Short | 3 | 6.0166 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,960 | 6.0032 GBP | |||
10p ordinary | SWAP | Decreasing Short | 100,000 | 6.0058 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 | ||||||