29th Aug 2024 14:35
FORM 8.3 | |||||||
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: | 28 Aug 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: | 32,579,324 | 2.36% | 28,563,643 | 2.07% | |||
(2) Cash-settled derivatives: | 11,134,858 | 0.81% | 32,713,109 | 2.37% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 43,714,182 | 3.17% | 61,276,752 | 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 | 409,059 | 4.6610 GBP | ||||
10p ordinary | Purchase | 111,037 | 4.7849 GBP | ||||
10p ordinary | Purchase | 71,429 | 4.7724 GBP | ||||
10p ordinary | Purchase | 65,499 | 4.7691 GBP | ||||
10p ordinary | Purchase | 62,813 | 4.7880 GBP | ||||
10p ordinary | Purchase | 60,035 | 4.7808 GBP | ||||
10p ordinary | Purchase | 49,191 | 4.7776 GBP | ||||
10p ordinary | Purchase | 28,377 | 4.7756 GBP | ||||
10p ordinary | Purchase | 27,824 | 4.7734 GBP | ||||
10p ordinary | Purchase | 27,803 | 4.7800 GBP | ||||
10p ordinary | Purchase | 27,803 | 4.7720 GBP | ||||
10p ordinary | Purchase | 14,210 | 4.7807 GBP | ||||
10p ordinary | Purchase | 14,022 | 4.7713 GBP | ||||
10p ordinary | Purchase | 13,186 | 4.7564 GBP | ||||
10p ordinary | Purchase | 11,543 | 4.7707 GBP | ||||
10p ordinary | Purchase | 11,094 | 4.7658 GBP | ||||
10p ordinary | Purchase | 9,837 | 4.7699 GBP | ||||
10p ordinary | Purchase | 9,453 | 4.7801 GBP | ||||
10p ordinary | Purchase | 8,046 | 4.7767 GBP | ||||
10p ordinary | Purchase | 5,649 | 4.7755 GBP | ||||
10p ordinary | Purchase | 4,306 | 4.7813 GBP | ||||
10p ordinary | Purchase | 4,135 | 4.7738 GBP | ||||
10p ordinary | Purchase | 3,140 | 4.7578 GBP | ||||
10p ordinary | Purchase | 3,067 | 4.7673 GBP | ||||
10p ordinary | Purchase | 3,042 | 4.7703 GBP | ||||
10p ordinary | Purchase | 3,039 | 4.7570 GBP | ||||
10p ordinary | Purchase | 3,012 | 4.7771 GBP | ||||
10p ordinary | Purchase | 2,462 | 4.7871 GBP | ||||
10p ordinary | Purchase | 2,164 | 4.7765 GBP | ||||
10p ordinary | Purchase | 1,677 | 4.7606 GBP | ||||
10p ordinary | Purchase | 1,410 | 4.7560 GBP | ||||
10p ordinary | Purchase | 1,278 | 4.7780 GBP | ||||
10p ordinary | Purchase | 1,256 | 4.7700 GBP | ||||
10p ordinary | Purchase | 1,246 | 4.7527 GBP | ||||
10p ordinary | Purchase | 1,178 | 4.7538 GBP | ||||
10p ordinary | Purchase | 918 | 4.7640 GBP | ||||
10p ordinary | Purchase | 902 | 4.7629 GBP | ||||
10p ordinary | Purchase | 799 | 4.7704 GBP | ||||
10p ordinary | Purchase | 721 | 4.7810 GBP | ||||
10p ordinary | Purchase | 658 | 4.7480 GBP | ||||
10p ordinary | Purchase | 341 | 4.7639 GBP | ||||
10p ordinary | Purchase | 263 | 4.7520 GBP | ||||
10p ordinary | Purchase | 215 | 4.7820 GBP | ||||
10p ordinary | Purchase | 197 | 4.7460 GBP | ||||
10p ordinary | Purchase | 184 | 4.7830 GBP | ||||
10p ordinary | Sale | 475,927 | 4.7804 GBP | ||||
10p ordinary | Sale | 204,877 | 4.7800 GBP | ||||
10p ordinary | Sale | 109,081 | 4.7880 GBP | ||||
10p ordinary | Sale | 69,480 | 4.7726 GBP | ||||
10p ordinary | Sale | 46,416 | 4.7806 GBP | ||||
10p ordinary | Sale | 44,464 | 4.7762 GBP | ||||
10p ordinary | Sale | 30,030 | 4.7784 GBP | ||||
10p ordinary | Sale | 24,059 | 4.7713 GBP | ||||
10p ordinary | Sale | 22,100 | 4.7882 GBP | ||||
10p ordinary | Sale | 8,452 | 4.7782 GBP | ||||
10p ordinary | Sale | 5,937 | 4.7866 GBP | ||||
10p ordinary | Sale | 4,492 | 4.7674 GBP | ||||
10p ordinary | Sale | 4,425 | 4.7688 GBP | ||||
10p ordinary | Sale | 2,462 | 4.7870 GBP | ||||
10p ordinary | Sale | 2,392 | 4.7820 GBP | ||||
10p ordinary | Sale | 2,336 | 4.7789 GBP | ||||
10p ordinary | Sale | 2,181 | 4.7680 GBP | ||||
10p ordinary | Sale | 1,844 | 4.7740 GBP | ||||
10p ordinary | Sale | 918 | 4.7640 GBP | ||||
10p ordinary | Sale | 851 | 4.7731 GBP | ||||
10p ordinary | Sale | 830 | 4.7760 GBP | ||||
10p ordinary | Sale | 428 | 4.7625 GBP | ||||
10p ordinary | Sale | 386 | 4.7778 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 | Opening Short | 27,369 | 4.7767 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,145 | 4.7460 GBP | |||
10p ordinary | CFD | Decreasing Short | 918 | 4.7639 GBP | |||
10p ordinary | CFD | Decreasing Short | 7,757 | 4.7736 GBP | |||
10p ordinary | CFD | Decreasing Short | 6 | 4.7866 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,093 | 4.7880 GBP | |||
10p ordinary | CFD | Increasing Short | 3,145 | 4.7460 GBP | |||
10p ordinary | CFD | Increasing Short | 6 | 4.7866 GBP | |||
10p ordinary | CFD | Increasing Short | 30,079 | 4.7879 GBP | |||
10p ordinary | CFD | Increasing Short | 2,033 | 4.7880 GBP | |||
10p ordinary | SWAP | Opening Long | 16,820 | 4.7710 GBP | |||
10p ordinary | SWAP | Increasing Long | 1,128 | 4.7712 GBP | |||
10p ordinary | SWAP | Opening Short | 61,373 | 4.7831 GBP | |||
10p ordinary | SWAP | Decreasing Short | 428 | 4.7625 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,492 | 4.7674 GBP | |||
10p ordinary | SWAP | Decreasing Short | 20,707 | 4.7723 GBP | |||
10p ordinary | SWAP | Decreasing Short | 44,464 | 4.7762 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,934 | 4.7880 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,178 | 4.7538 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,677 | 4.7606 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,768 | 4.7608 GBP | |||
10p ordinary | SWAP | Increasing Short | 137 | 4.7640 GBP | |||
10p ordinary | SWAP | Increasing Short | 27,824 | 4.7734 GBP | |||
10p ordinary | SWAP | Increasing Short | 24,296 | 4.7788 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,821 | 4.7729 GBP | |||
10p ordinary | SWAP | Decreasing Short | 30,030 | 4.7784 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,093 | 4.7880 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,140 | 4.7578 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,130 | 4.7583 GBP | |||
10p ordinary | SWAP | Increasing Long | 75,347 | 4.7880 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,436 | 4.7880 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 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysSmith (DS)