2nd Oct 2024 07:00
FORM 8.3 - Amendment to 2a and 3bReplaces form Released at 18/09/2024 15:13 RNS Number : 7455E | |||||||
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: | 17 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: | 32,364,545 | 2.34% | 29,111,724 | 2.11% | |||
(2) Cash-settled derivatives: | 11,315,465 | 0.82% | 31,937,995 | 2.31% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 43,680,010 | 3.16% | 61,049,719 | 4.42% | |||
(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 | 449,500 | 4.7951 GBP | ||||
10p ordinary | Purchase | 122,757 | 4.7866 GBP | ||||
10p ordinary | Purchase | 103,389 | 4.7840 GBP | ||||
10p ordinary | Purchase | 73,429 | 4.7892 GBP | ||||
10p ordinary | Purchase | 56,802 | 4.8084 GBP | ||||
10p ordinary | Purchase | 53,028 | 4.8324 GBP | ||||
10p ordinary | Purchase | 42,494 | 4.8074 GBP | ||||
10p ordinary | Purchase | 30,885 | 4.8088 GBP | ||||
10p ordinary | Purchase | 21,577 | 4.7009 GBP | ||||
10p ordinary | Purchase | 15,000 | 4.8143 GBP | ||||
10p ordinary | Purchase | 13,930 | 4.7837 GBP | ||||
10p ordinary | Purchase | 12,809 | 4.8156 GBP | ||||
10p ordinary | Purchase | 7,133 | 4.8020 GBP | ||||
10p ordinary | Purchase | 5,842 | 4.7847 GBP | ||||
10p ordinary | Purchase | 5,343 | 4.8037 GBP | ||||
10p ordinary | Purchase | 4,914 | 4.7886 GBP | ||||
10p ordinary | Purchase | 2,868 | 4.7977 GBP | ||||
10p ordinary | Purchase | 1,971 | 4.8071 GBP | ||||
10p ordinary | Purchase | 707 | 4.7960 GBP | ||||
10p ordinary | Purchase | 669 | 4.8260 GBP | ||||
10p ordinary | Purchase | 653 | 4.8258 GBP | ||||
10p ordinary | Sale | 529,155 | 4.8040 GBP | ||||
10p ordinary | Sale | 200,000 | 4.8115 GBP | ||||
10p ordinary | Sale | 157,071 | 4.8206 GBP | ||||
10p ordinary | Sale | 109,708 | 4.8035 GBP | ||||
10p ordinary | Sale | 86,937 | 4.8072 GBP | ||||
10p ordinary | Sale | 83,420 | 4.8004 GBP | ||||
10p ordinary | Sale | 78,110 | 4.7840 GBP | ||||
10p ordinary | Sale | 76,602 | 4.8007 GBP | ||||
10p ordinary | Sale | 68,754 | 4.7954 GBP | ||||
10p ordinary | Sale | 68,265 | 4.8166 GBP | ||||
10p ordinary | Sale | 42,736 | 4.8177 GBP | ||||
10p ordinary | Sale | 38,131 | 4.7839 GBP | ||||
10p ordinary | Sale | 28,913 | 4.7670 GBP | ||||
10p ordinary | Sale | 27,564 | 4.7841 GBP | ||||
10p ordinary | Sale | 25,610 | 4.8047 GBP | ||||
10p ordinary | Sale | 22,991 | 4.7998 GBP | ||||
10p ordinary | Sale | 21,054 | 4.8045 GBP | ||||
10p ordinary | Sale | 16,079 | 4.8013 GBP | ||||
10p ordinary | Sale | 11,370 | 4.8030 GBP | ||||
10p ordinary | Sale | 10,533 | 4.8071 GBP | ||||
10p ordinary | Sale | 6,162 | 4.7987 GBP | ||||
10p ordinary | Sale | 4,312 | 4.7755 GBP | ||||
10p ordinary | Sale | 4,181 | 4.8100 GBP | ||||
10p ordinary | Sale | 2,145 | 4.7876 GBP | ||||
10p ordinary | Sale | 1,191 | 4.7666 GBP | ||||
10p ordinary | Sale | 1,183 | 4.7873 GBP | ||||
10p ordinary | Sale | 707 | 4.7960 GBP | ||||
10p ordinary | Sale | 653 | 4.8263 GBP | ||||
10p ordinary | Sale | 601 | 4.7780 GBP | ||||
10p ordinary | Sale | 405 | 4.8240 GBP | ||||
10p ordinary | Sale | 298 | 4.7760 GBP | ||||
10p ordinary | Sale | 194 | 4.8330 GBP | ||||
10p ordinary | Sale | 78 | 4.7842 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 | Decreasing Short | 1,191 | 4.7666 GBP | |||
10p ordinary | SWAP | Decreasing Short | 28,913 | 4.7670 GBP | |||
10p ordinary | SWAP | Decreasing Short | 21,415 | 4.7817 GBP | |||
10p ordinary | SWAP | Decreasing Short | 13,658 | 4.7839 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,183 | 4.7873 GBP | |||
10p ordinary | SWAP | Decreasing Short | 83,420 | 4.8004 GBP | |||
10p ordinary | SWAP | Decreasing Short | 76,602 | 4.8007 GBP | |||
10p ordinary | SWAP | Decreasing Short | 66,208 | 4.8023 GBP | |||
10p ordinary | SWAP | Decreasing Short | 528,875 | 4.8040 GBP | |||
10p ordinary | SWAP | Decreasing Short | 91,090 | 4.8043 GBP | |||
10p ordinary | SWAP | Decreasing Short | 86,937 | 4.8072 GBP | |||
10p ordinary | SWAP | Decreasing Short | 200,000 | 4.8115 GBP | |||
10p ordinary | SWAP | Decreasing Short | 42,736 | 4.8177 GBP | |||
10p ordinary | SWAP | Decreasing Short | 157,071 | 4.8206 GBP | |||
10p ordinary | SWAP | Increasing Short | 18,787 | 4.7840 GBP | |||
10p ordinary | SWAP | Increasing Short | 32,180 | 4.7841 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,842 | 4.7847 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,914 | 4.7886 GBP | |||
10p ordinary | SWAP | Increasing Short | 73,429 | 4.7892 GBP | |||
10p ordinary | SWAP | Increasing Short | 707 | 4.7960 GBP | |||
10p ordinary | SWAP | Increasing Short | 299,433 | 4.7979 GBP | |||
10p ordinary | SWAP | Increasing Short | 235,537 | 4.8015 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,971 | 4.8071 GBP | |||
10p ordinary | SWAP | Increasing Short | 53,028 | 4.8324 GBP | |||
10p ordinary | CFD | Decreasing Short | 871 | 4.7839 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,026 | 4.7946 GBP | |||
10p ordinary | CFD | Decreasing Short | 280 | 4.8037 GBP | |||
10p ordinary | CFD | Increasing Short | 39,002 | 4.7839 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,577 | 4.7010 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,000 | 4.8143 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)