30th Sep 2024 12:30
FORM 8.3 - Amendment to 2a and 3bReplaces form Released at 10/09/2024 15:06 RNS Number : 6265D | |||||||
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: | 09 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: | 32,695,105 | 2.37% | 28,499,226 | 2.06% | |||
(2) Cash-settled derivatives: | 11,030,636 | 0.80% | 32,364,239 | 2.34% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 43,725,741 | 3.17% | 60,863,465 | 4.41% | |||
(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 | 1,247,878 | 4.4979 GBP | ||||
10p ordinary | Purchase | 125,142 | 4.5063 GBP | ||||
10p ordinary | Purchase | 81,345 | 4.5773 GBP | ||||
10p ordinary | Purchase | 65,241 | 4.5800 GBP | ||||
10p ordinary | Purchase | 57,316 | 4.5623 GBP | ||||
10p ordinary | Purchase | 53,390 | 4.5711 GBP | ||||
10p ordinary | Purchase | 49,350 | 4.5267 GBP | ||||
10p ordinary | Purchase | 36,085 | 4.5482 GBP | ||||
10p ordinary | Purchase | 30,265 | 4.5741 GBP | ||||
10p ordinary | Purchase | 22,165 | 4.5466 GBP | ||||
10p ordinary | Purchase | 20,526 | 4.5216 GBP | ||||
10p ordinary | Purchase | 17,363 | 4.5608 GBP | ||||
10p ordinary | Purchase | 13,372 | 4.5191 GBP | ||||
10p ordinary | Purchase | 10,217 | 4.5690 GBP | ||||
10p ordinary | Purchase | 9,549 | 4.5182 GBP | ||||
10p ordinary | Purchase | 6,397 | 4.4941 GBP | ||||
10p ordinary | Purchase | 3,187 | 4.4964 GBP | ||||
10p ordinary | Purchase | 3,181 | 4.5234 GBP | ||||
10p ordinary | Purchase | 2,956 | 4.5193 GBP | ||||
10p ordinary | Purchase | 2,592 | 4.5139 GBP | ||||
10p ordinary | Purchase | 2,184 | 4.5653 GBP | ||||
10p ordinary | Purchase | 1,959 | 4.5652 GBP | ||||
10p ordinary | Purchase | 1,382 | 4.5560 GBP | ||||
10p ordinary | Purchase | 1,301 | 4.4967 GBP | ||||
10p ordinary | Purchase | 742 | 4.5044 GBP | ||||
10p ordinary | Purchase | 712 | 4.5160 GBP | ||||
10p ordinary | Purchase | 681 | 4.4900 GBP | ||||
10p ordinary | Purchase | 554 | 4.4980 GBP | ||||
10p ordinary | Purchase | 532 | 4.5100 GBP | ||||
10p ordinary | Purchase | 484 | 4.5710 GBP | ||||
10p ordinary | Purchase | 339 | 4.5200 GBP | ||||
10p ordinary | Sale | 904,742 | 4.4987 GBP | ||||
10p ordinary | Sale | 121,841 | 4.5008 GBP | ||||
10p ordinary | Sale | 115,869 | 4.5654 GBP | ||||
10p ordinary | Sale | 114,233 | 4.5009 GBP | ||||
10p ordinary | Sale | 101,911 | 4.5800 GBP | ||||
10p ordinary | Sale | 81,128 | 4.5000 GBP | ||||
10p ordinary | Sale | 72,297 | 4.5037 GBP | ||||
10p ordinary | Sale | 55,537 | 4.5802 GBP | ||||
10p ordinary | Sale | 54,410 | 4.4926 GBP | ||||
10p ordinary | Sale | 49,824 | 4.5028 GBP | ||||
10p ordinary | Sale | 42,279 | 4.5700 GBP | ||||
10p ordinary | Sale | 27,083 | 4.5618 GBP | ||||
10p ordinary | Sale | 19,297 | 4.4955 GBP | ||||
10p ordinary | Sale | 18,167 | 4.5100 GBP | ||||
10p ordinary | Sale | 9,592 | 4.5507 GBP | ||||
10p ordinary | Sale | 8,799 | 4.5677 GBP | ||||
10p ordinary | Sale | 6,321 | 4.5794 GBP | ||||
10p ordinary | Sale | 4,790 | 4.5704 GBP | ||||
10p ordinary | Sale | 4,602 | 4.5340 GBP | ||||
10p ordinary | Sale | 4,029 | 4.5489 GBP | ||||
10p ordinary | Sale | 3,644 | 4.4960 GBP | ||||
10p ordinary | Sale | 3,629 | 4.4920 GBP | ||||
10p ordinary | Sale | 2,259 | 4.5150 GBP | ||||
10p ordinary | Sale | 1,288 | 4.5010 GBP | ||||
10p ordinary | Sale | 704 | 4.4950 GBP | ||||
10p ordinary | Sale | 3 | 4.5613 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 | 16,537 | 4.5505 GBP | |||
10p ordinary | SWAP | Decreasing Short | 937 | 4.4960 GBP | |||
10p ordinary | SWAP | Decreasing Short | 72,297 | 4.5037 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,259 | 4.5150 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,029 | 4.5489 GBP | |||
10p ordinary | SWAP | Decreasing Short | 27,083 | 4.5617 GBP | |||
10p ordinary | SWAP | Decreasing Short | 84,701 | 4.5800 GBP | |||
10p ordinary | SWAP | Increasing Short | 742 | 4.5044 GBP | |||
10p ordinary | SWAP | Increasing Short | 49,350 | 4.5267 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,253 | 4.5346 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,800 | 4.5392 GBP | |||
10p ordinary | SWAP | Increasing Short | 36,085 | 4.5482 GBP | |||
10p ordinary | SWAP | Increasing Short | 17,363 | 4.5608 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,888 | 4.5642 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,184 | 4.5653 GBP | |||
10p ordinary | SWAP | Increasing Short | 30,265 | 4.5741 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,137 | 4.4957 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,339 | 4.5800 GBP | |||
10p ordinary | CFD | Increasing Short | 42,528 | 4.5800 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 | 1,137 | 4.5089 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: | 30 Sep 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)