12th Nov 2024 13:14
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 |
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| positions disclosed, if different from 1(a): | ||||||
(c) | Name of offeror/offeree in relation to whose | DS SMITH PLC | |||||
| relevant securities this form relates: | ||||||
(d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 11 Nov 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | INTERNATIONAL PAPER COMPANY |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 10p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 23,633,266 | 1.71% | 23,110,834 | 1.67% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,963,106 | 0.87% | 22,788,697 | 1.65% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 35,596,372 | 2.58% | 45,899,531 | 3.32% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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10p ordinary | Purchase | 502,590 | 5.6448 GBP | ||||
10p ordinary | Purchase | 193,016 | 5.5750 GBP | ||||
10p ordinary | Purchase | 156,827 | 5.6450 GBP | ||||
10p ordinary | Purchase | 131,511 | 5.6449 GBP | ||||
10p ordinary | Purchase | 51,342 | 5.6527 GBP | ||||
10p ordinary | Purchase | 35,366 | 5.6500 GBP | ||||
10p ordinary | Purchase | 32,297 | 5.6550 GBP | ||||
10p ordinary | Purchase | 30,984 | 5.6461 GBP | ||||
10p ordinary | Purchase | 19,278 | 5.6547 GBP | ||||
10p ordinary | Purchase | 18,540 | 5.6463 GBP | ||||
10p ordinary | Purchase | 16,792 | 5.6493 GBP | ||||
10p ordinary | Purchase | 13,866 | 5.6583 GBP | ||||
10p ordinary | Purchase | 11,795 | 5.6413 GBP | ||||
10p ordinary | Purchase | 11,127 | 5.6743 GBP | ||||
10p ordinary | Purchase | 10,170 | 5.6525 GBP | ||||
10p ordinary | Purchase | 9,669 | 5.6577 GBP | ||||
10p ordinary | Purchase | 8,597 | 5.6572 GBP | ||||
10p ordinary | Purchase | 6,499 | 5.6588 GBP | ||||
10p ordinary | Purchase | 6,237 | 5.6708 GBP | ||||
10p ordinary | Purchase | 5,240 | 5.6464 GBP | ||||
10p ordinary | Purchase | 4,752 | 5.6693 GBP | ||||
10p ordinary | Purchase | 4,701 | 5.6544 GBP | ||||
10p ordinary | Purchase | 4,477 | 5.6528 GBP | ||||
10p ordinary | Purchase | 4,407 | 5.6687 GBP | ||||
10p ordinary | Purchase | 3,617 | 5.6631 GBP | ||||
10p ordinary | Purchase | 3,598 | 5.6581 GBP | ||||
10p ordinary | Purchase | 3,521 | 5.6488 GBP | ||||
10p ordinary | Purchase | 2,915 | 5.6404 GBP | ||||
10p ordinary | Purchase | 2,784 | 5.6609 GBP | ||||
10p ordinary | Purchase | 2,371 | 5.6767 GBP | ||||
10p ordinary | Purchase | 1,681 | 5.6806 GBP | ||||
10p ordinary | Purchase | 1,355 | 5.6660 GBP | ||||
10p ordinary | Purchase | 1,012 | 5.6603 GBP | ||||
10p ordinary | Purchase | 981 | 5.6511 GBP | ||||
10p ordinary | Purchase | 697 | 5.6395 GBP | ||||
10p ordinary | Purchase | 573 | 5.6650 GBP | ||||
10p ordinary | Purchase | 569 | 5.6800 GBP | ||||
10p ordinary | Purchase | 563 | 5.6558 GBP | ||||
10p ordinary | Purchase | 2 | 5.6694 GBP | ||||
10p ordinary | Purchase | 1 | 5.6794 GBP | ||||
10p ordinary | Sale | 271,894 | 5.6450 GBP | ||||
10p ordinary | Sale | 74,572 | 5.6465 GBP | ||||
10p ordinary | Sale | 23,765 | 5.6565 GBP | ||||
10p ordinary | Sale | 16,500 | 5.6415 GBP | ||||
10p ordinary | Sale | 14,836 | 5.6444 GBP | ||||
10p ordinary | Sale | 12,052 | 5.6692 GBP | ||||
10p ordinary | Sale | 10,699 | 5.6515 GBP | ||||
10p ordinary | Sale | 9,645 | 5.6525 GBP | ||||
10p ordinary | Sale | 8,791 | 5.6699 GBP | ||||
10p ordinary | Sale | 6,237 | 5.6708 GBP | ||||
10p ordinary | Sale | 5,782 | 5.6540 GBP | ||||
10p ordinary | Sale | 5,600 | 5.6738 GBP | ||||
10p ordinary | Sale | 5,240 | 5.6464 GBP | ||||
10p ordinary | Sale | 4,917 | 5.6766 GBP | ||||
10p ordinary | Sale | 4,752 | 5.6693 GBP | ||||
10p ordinary | Sale | 4,701 | 5.6544 GBP | ||||
10p ordinary | Sale | 4,474 | 5.6575 GBP | ||||
10p ordinary | Sale | 4,382 | 5.6549 GBP | ||||
10p ordinary | Sale | 4,177 | 5.6791 GBP | ||||
10p ordinary | Sale | 4,127 | 5.6643 GBP | ||||
10p ordinary | Sale | 4,063 | 5.6480 GBP | ||||
10p ordinary | Sale | 3,982 | 5.6644 GBP | ||||
10p ordinary | Sale | 3,720 | 5.6717 GBP | ||||
10p ordinary | Sale | 3,617 | 5.6631 GBP | ||||
10p ordinary | Sale | 2,784 | 5.6615 GBP | ||||
10p ordinary | Sale | 2,778 | 5.6655 GBP | ||||
10p ordinary | Sale | 2,469 | 5.6607 GBP | ||||
10p ordinary | Sale | 1,550 | 5.6650 GBP | ||||
10p ordinary | Sale | 1,355 | 5.6660 GBP | ||||
10p ordinary | Sale | 1,012 | 5.6603 GBP | ||||
10p ordinary | Sale | 944 | 5.6340 GBP | ||||
10p ordinary | Sale | 890 | 5.6099 GBP | ||||
10p ordinary | Sale | 726 | 5.6550 GBP | ||||
10p ordinary | Sale | 296 | 5.6100 GBP | ||||
10p ordinary | Sale | 2 | 5.6700 GBP | ||||
10p ordinary | Sale | 1 | 5.6800 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
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security |
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10p ordinary | SWAP | Decreasing Short | 29,298 | 5.6492 GBP | |||
10p ordinary | SWAP | Decreasing Short | 890 | 5.6099 GBP | |||
10p ordinary | SWAP | Decreasing Short | 296 | 5.6100 GBP | |||
10p ordinary | SWAP | Decreasing Short | 944 | 5.6340 GBP | |||
10p ordinary | SWAP | Decreasing Short | 179,860 | 5.6450 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,392 | 5.6457 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8,098 | 5.6522 GBP | |||
10p ordinary | SWAP | Decreasing Short | 22,751 | 5.6531 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,052 | 5.6692 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,915 | 5.6404 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,795 | 5.6413 GBP | |||
10p ordinary | SWAP | Increasing Short | 74,960 | 5.6437 GBP | |||
10p ordinary | SWAP | Increasing Short | 269,416 | 5.6447 GBP | |||
10p ordinary | SWAP | Increasing Short | 81,967 | 5.6450 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,101 | 5.6452 GBP | |||
10p ordinary | SWAP | Increasing Short | 30,984 | 5.6461 GBP | |||
10p ordinary | SWAP | Increasing Short | 143,860 | 5.6465 GBP | |||
10p ordinary | SWAP | Increasing Short | 791 | 5.6525 GBP | |||
10p ordinary | SWAP | Increasing Short | 51,342 | 5.6527 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,380 | 5.6529 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,278 | 5.6547 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,498 | 5.6593 GBP | |||
10p ordinary | CFD | Decreasing Short | 401 | 5.6450 GBP | |||
10p ordinary | CFD | Decreasing Short | 201 | 5.6546 GBP | |||
10p ordinary | CFD | Decreasing Short | 24,556 | 5.6559 GBP | |||
10p ordinary | CFD | Increasing Short | 80,126 | 5.6450 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 12 Nov 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)