1st Oct 2024 15:28
FORM 8.3 - Amendment to 2a and 3bReplaces form Released at 13/09/2024 15:21 Number : 1965E | |||||||
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: | 12 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: | 33,092,086 | 2.40% | 28,945,118 | 2.10% | |||
(2) Cash-settled derivatives: | 10,819,528 | 0.78% | 32,196,020 | 2.33% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 43,911,614 | 3.18% | 61,141,138 | 4.43% | |||
(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 | 237,411 | 4.5598 GBP | ||||
10p ordinary | Purchase | 149,152 | 4.5600 GBP | ||||
10p ordinary | Purchase | 86,046 | 4.6009 GBP | ||||
10p ordinary | Purchase | 71,750 | 4.5619 GBP | ||||
10p ordinary | Purchase | 29,902 | 4.5642 GBP | ||||
10p ordinary | Purchase | 26,505 | 4.5606 GBP | ||||
10p ordinary | Purchase | 20,741 | 4.5699 GBP | ||||
10p ordinary | Purchase | 14,906 | 4.5728 GBP | ||||
10p ordinary | Purchase | 12,542 | 4.5741 GBP | ||||
10p ordinary | Purchase | 4,007 | 4.5177 GBP | ||||
10p ordinary | Purchase | 3,937 | 4.5680 GBP | ||||
10p ordinary | Purchase | 3,642 | 4.5300 GBP | ||||
10p ordinary | Purchase | 3,506 | 4.5689 GBP | ||||
10p ordinary | Purchase | 3,464 | 4.5749 GBP | ||||
10p ordinary | Purchase | 3,331 | 4.5612 GBP | ||||
10p ordinary | Purchase | 3,329 | 4.5695 GBP | ||||
10p ordinary | Purchase | 2,772 | 4.5860 GBP | ||||
10p ordinary | Purchase | 2,583 | 4.5816 GBP | ||||
10p ordinary | Purchase | 2,407 | 4.5525 GBP | ||||
10p ordinary | Purchase | 1,437 | 4.5640 GBP | ||||
10p ordinary | Purchase | 961 | 4.5100 GBP | ||||
10p ordinary | Purchase | 923 | 4.5500 GBP | ||||
10p ordinary | Purchase | 913 | 4.5888 GBP | ||||
10p ordinary | Purchase | 722 | 4.5740 GBP | ||||
10p ordinary | Purchase | 664 | 4.5463 GBP | ||||
10p ordinary | Purchase | 159 | 4.5900 GBP | ||||
10p ordinary | Purchase | 99 | 4.5580 GBP | ||||
10p ordinary | Purchase | 94 | 4.5720 GBP | ||||
10p ordinary | Purchase | 94 | 4.5718 GBP | ||||
10p ordinary | Sale | 284,000 | 4.5605 GBP | ||||
10p ordinary | Sale | 164,439 | 4.5600 GBP | ||||
10p ordinary | Sale | 100,000 | 4.5828 GBP | ||||
10p ordinary | Sale | 50,304 | 4.5648 GBP | ||||
10p ordinary | Sale | 50,183 | 4.5602 GBP | ||||
10p ordinary | Sale | 30,624 | 4.5756 GBP | ||||
10p ordinary | Sale | 29,428 | 4.5723 GBP | ||||
10p ordinary | Sale | 18,969 | 4.5791 GBP | ||||
10p ordinary | Sale | 8,399 | 4.5719 GBP | ||||
10p ordinary | Sale | 7,649 | 4.5236 GBP | ||||
10p ordinary | Sale | 5,561 | 4.5747 GBP | ||||
10p ordinary | Sale | 5,278 | 4.5728 GBP | ||||
10p ordinary | Sale | 3,210 | 4.5469 GBP | ||||
10p ordinary | Sale | 2,759 | 4.5710 GBP | ||||
10p ordinary | Sale | 1,557 | 4.5860 GBP | ||||
10p ordinary | Sale | 1,070 | 4.5620 GBP | ||||
10p ordinary | Sale | 961 | 4.5100 GBP | ||||
10p ordinary | Sale | 891 | 4.5560 GBP | ||||
10p ordinary | Sale | 644 | 4.5884 GBP | ||||
10p ordinary | Sale | 225 | 4.5769 GBP | ||||
10p ordinary | Sale | 180 | 4.5684 GBP | ||||
10p ordinary | Sale | 109 | 4.5680 GBP | ||||
10p ordinary | Sale | 94 | 4.5720 GBP | ||||
10p ordinary | Sale | 85 | 4.5840 GBP | ||||
10p ordinary | Sale | 23 | 4.5737 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 | 18,054 | 4.5655 GBP | |||
10p ordinary | SWAP | Decreasing Short | 546 | 4.5100 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,070 | 4.5469 GBP | |||
10p ordinary | SWAP | Decreasing Short | 284,000 | 4.5605 GBP | |||
10p ordinary | SWAP | Decreasing Short | 50,304 | 4.5648 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8,399 | 4.5719 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,902 | 4.5723 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,879 | 4.5741 GBP | |||
10p ordinary | SWAP | Decreasing Short | 30,624 | 4.5756 GBP | |||
10p ordinary | SWAP | Decreasing Short | 100,000 | 4.5828 USD | |||
10p ordinary | SWAP | Increasing Short | 923 | 4.5500 GBP | |||
10p ordinary | SWAP | Increasing Short | 99 | 4.5580 GBP | |||
10p ordinary | SWAP | Increasing Short | 50,472 | 4.5589 GBP | |||
10p ordinary | SWAP | Increasing Short | 58,689 | 4.5600 GBP | |||
10p ordinary | SWAP | Increasing Short | 26,505 | 4.5606 GBP | |||
10p ordinary | SWAP | Increasing Short | 29,902 | 4.5642 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,970 | 4.5650 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,843 | 4.5659 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,100 | 4.5695 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,705 | 4.5741 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,772 | 4.5860 GBP | |||
10p ordinary | SWAP | Increasing Short | 86,046 | 4.6008 GBP | |||
10p ordinary | CFD | Decreasing Short | 961 | 4.5100 GBP | |||
10p ordinary | CFD | Decreasing Short | 460 | 4.5600 GBP | |||
10p ordinary | CFD | Decreasing Short | 583 | 4.5807 GBP | |||
10p ordinary | CFD | Increasing Short | 249 | 4.5479 GBP | |||
10p ordinary | CFD | Increasing Short | 15 | 4.5480 GBP | |||
10p ordinary | CFD | Increasing Short | 116,857 | 4.5600 GBP | |||
10p ordinary | SWAP | Opening Short | 14,906 | 4.5728 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 | 583 | 4.5093 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: | 01 Oct 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)