25th Nov 2024 12:59
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): | ||||||
(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 |
| |||||
| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 22 Nov 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: |
|
| |||
| disclosures in respect of any other party to the offer? | 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: |
|
| 29,821,077 | 2.16% | 23,161,102 | 1.67% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 12,013,663 | 0.87% | 28,805,811 | 2.09% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 41,834,740 | 3.03% | 51,966,913 | 3.76% |
(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 EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
|
|
|
|
| |
Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
| securities |
| ||||
10p ordinary | Purchase | 318,833 | 5.9200 GBP | ||||
10p ordinary | Purchase | 270,000 | 5.8738 GBP | ||||
10p ordinary | Purchase | 250,460 | 5.9342 GBP | ||||
10p ordinary | Purchase | 134,934 | 5.9350 GBP | ||||
10p ordinary | Purchase | 124,168 | 5.9100 GBP | ||||
10p ordinary | Purchase | 115,629 | 5.9347 GBP | ||||
10p ordinary | Purchase | 54,428 | 5.9190 GBP | ||||
10p ordinary | Purchase | 50,800 | 5.9271 GBP | ||||
10p ordinary | Purchase | 39,139 | 5.9486 GBP | ||||
10p ordinary | Purchase | 26,947 | 5.9246 GBP | ||||
10p ordinary | Purchase | 24,075 | 5.9000 GBP | ||||
10p ordinary | Purchase | 22,364 | 5.8986 GBP | ||||
10p ordinary | Purchase | 16,419 | 5.9361 GBP | ||||
10p ordinary | Purchase | 14,578 | 5.9255 GBP | ||||
10p ordinary | Purchase | 13,538 | 5.9264 GBP | ||||
10p ordinary | Purchase | 12,955 | 5.9181 GBP | ||||
10p ordinary | Purchase | 6,048 | 5.8963 GBP | ||||
10p ordinary | Purchase | 4,416 | 5.8908 GBP | ||||
10p ordinary | Purchase | 3,614 | 5.9099 GBP | ||||
10p ordinary | Purchase | 3,287 | 5.9337 GBP | ||||
10p ordinary | Purchase | 1,846 | 5.9175 GBP | ||||
10p ordinary | Purchase | 1,452 | 5.9532 GBP | ||||
10p ordinary | Purchase | 760 | 5.9706 GBP | ||||
10p ordinary | Purchase | 505 | 5.9250 GBP | ||||
10p ordinary | Purchase | 479 | 5.9050 GBP | ||||
10p ordinary | Purchase | 60 | 5.8850 GBP | ||||
10p ordinary | Sale | 208,156 | 5.9188 GBP | ||||
10p ordinary | Sale | 200,000 | 5.9639 GBP | ||||
10p ordinary | Sale | 146,734 | 5.9439 GBP | ||||
10p ordinary | Sale | 138,893 | 5.9350 GBP | ||||
10p ordinary | Sale | 132,636 | 5.9101 GBP | ||||
10p ordinary | Sale | 127,910 | 5.9308 GBP | ||||
10p ordinary | Sale | 115,629 | 5.9347 GBP | ||||
10p ordinary | Sale | 111,784 | 5.8942 GBP | ||||
10p ordinary | Sale | 109,999 | 5.9159 GBP | ||||
10p ordinary | Sale | 67,511 | 5.9275 GBP | ||||
10p ordinary | Sale | 24,075 | 5.9000 GBP | ||||
10p ordinary | Sale | 22,201 | 5.9252 GBP | ||||
10p ordinary | Sale | 16,797 | 5.9309 GBP | ||||
10p ordinary | Sale | 11,462 | 5.9663 GBP | ||||
10p ordinary | Sale | 9,240 | 5.8973 GBP | ||||
10p ordinary | Sale | 8,068 | 5.9251 GBP | ||||
10p ordinary | Sale | 4,699 | 5.9050 GBP | ||||
10p ordinary | Sale | 4,367 | 5.9493 GBP | ||||
10p ordinary | Sale | 4,321 | 5.9314 GBP | ||||
10p ordinary | Sale | 4,062 | 5.9292 GBP | ||||
10p ordinary | Sale | 3,798 | 5.9435 GBP | ||||
10p ordinary | Sale | 3,318 | 5.9260 GBP | ||||
10p ordinary | Sale | 1,417 | 5.9599 GBP | ||||
10p ordinary | Sale | 1,363 | 5.9725 GBP | ||||
10p ordinary | Sale | 840 | 5.9450 GBP | ||||
10p ordinary | Sale | 202 | 5.9182 GBP | ||||
10p ordinary | Sale | 60 | 5.8850 GBP | ||||
|
|
|
|
|
|
|
|
(b) | Cash-settled derivative transactions |
| |||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
|
| securities |
| |||
10p ordinary | SWAP | Decreasing Short | 111,784 | 5.8942 GBP | |||
10p ordinary | SWAP | Decreasing Short | 20 | 5.9000 GBP | |||
10p ordinary | SWAP | Decreasing Short | 109,999 | 5.9159 GBP | |||
10p ordinary | SWAP | Decreasing Short | 208,156 | 5.9188 GBP | |||
10p ordinary | SWAP | Decreasing Short | 22,201 | 5.9252 GBP | |||
10p ordinary | SWAP | Decreasing Short | 37,076 | 5.9254 GBP | |||
10p ordinary | SWAP | Decreasing Short | 52,669 | 5.9283 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,938 | 5.9311 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,767 | 5.9317 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,367 | 5.9493 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,417 | 5.9599 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,284 | 5.9612 GBP | |||
10p ordinary | SWAP | Decreasing Short | 200,000 | 5.9639 GBP | |||
10p ordinary | SWAP | Increasing Short | 270,000 | 5.8739 USD | |||
10p ordinary | SWAP | Increasing Short | 4,416 | 5.8908 GBP | |||
10p ordinary | SWAP | Increasing Short | 42,449 | 5.9226 GBP | |||
10p ordinary | SWAP | Increasing Short | 132,801 | 5.9254 GBP | |||
10p ordinary | SWAP | Increasing Short | 50,800 | 5.9270 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,287 | 5.9337 GBP | |||
10p ordinary | SWAP | Increasing Short | 61,976 | 5.9345 GBP | |||
10p ordinary | SWAP | Increasing Short | 32,398 | 5.9350 GBP | |||
10p ordinary | SWAP | Increasing Short | 16,419 | 5.9361 GBP | |||
10p ordinary | SWAP | Increasing Short | 39,139 | 5.9486 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,507 | 5.8915 GBP | |||
10p ordinary | CFD | Decreasing Short | 4,240 | 5.9350 GBP | |||
10p ordinary | CFD | Decreasing Short | 40,000 | 5.9645 GBP | |||
10p ordinary | CFD | Increasing Short | 71,631 | 5.8888 GBP | |||
10p ordinary | CFD | Increasing Short | 115,629 | 5.9347 GBP | |||
10p ordinary | CFD | Increasing Short | 4,240 | 5.9350 GBP | |||
|
|
|
|
|
|
|
|
(c) | Stock-settled derivative transactions (including options) |
| |||||
(i) | Writing, selling, purchasing or varying |
| |||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
|
| paid/ |
security |
| varying etc | to which |
|
|
| received |
|
|
| option |
|
|
| per unit |
|
|
| relates |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii) | Exercising |
|
|
|
|
|
|
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
|
| securities | unit | |||
|
|
|
|
| |||
|
|
|
|
|
|
|
|
(d) | Other dealings (including subscribing for new securities) |
| |||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
|
| 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 exempt principal trader 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 |
|
|
|
|
|
|
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 25 Nov 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Shares:
BarclaysSmith (DS)