28th Oct 2024 13:03
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: | 25 Oct 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: |
|
| 24,645,724 | 1.78% | 25,223,116 | 1.82% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 11,500,538 | 0.83% | 24,055,203 | 1.74% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 36,146,262 | 2.61% | 49,278,319 | 3.56% |
(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 | 183,683 | 4.7560 GBP | ||||
10p ordinary | Purchase | 153,840 | 4.7602 GBP | ||||
10p ordinary | Purchase | 95,711 | 4.7696 GBP | ||||
10p ordinary | Purchase | 39,280 | 4.7556 GBP | ||||
10p ordinary | Purchase | 36,094 | 4.7718 GBP | ||||
10p ordinary | Purchase | 35,153 | 4.7720 GBP | ||||
10p ordinary | Purchase | 28,023 | 4.7705 GBP | ||||
10p ordinary | Purchase | 26,534 | 4.7550 GBP | ||||
10p ordinary | Purchase | 18,735 | 4.7588 GBP | ||||
10p ordinary | Purchase | 18,210 | 4.7433 GBP | ||||
10p ordinary | Purchase | 14,539 | 4.7500 GBP | ||||
10p ordinary | Purchase | 8,964 | 4.7658 GBP | ||||
10p ordinary | Purchase | 7,806 | 4.7768 GBP | ||||
10p ordinary | Purchase | 7,379 | 4.7732 GBP | ||||
10p ordinary | Purchase | 7,014 | 4.7810 GBP | ||||
10p ordinary | Purchase | 6,509 | 4.7586 GBP | ||||
10p ordinary | Purchase | 5,987 | 4.7799 GBP | ||||
10p ordinary | Purchase | 5,910 | 4.7682 GBP | ||||
10p ordinary | Purchase | 4,854 | 4.7798 GBP | ||||
10p ordinary | Purchase | 4,762 | 4.7800 GBP | ||||
10p ordinary | Purchase | 4,374 | 4.7624 GBP | ||||
10p ordinary | Purchase | 3,265 | 4.7691 GBP | ||||
10p ordinary | Purchase | 2,892 | 4.7780 GBP | ||||
10p ordinary | Purchase | 2,686 | 4.7760 GBP | ||||
10p ordinary | Purchase | 2,527 | 4.7740 GBP | ||||
10p ordinary | Purchase | 2,217 | 4.7742 GBP | ||||
10p ordinary | Purchase | 1,949 | 4.7640 GBP | ||||
10p ordinary | Purchase | 1,331 | 4.7614 GBP | ||||
10p ordinary | Purchase | 1,304 | 4.7700 GBP | ||||
10p ordinary | Purchase | 882 | 4.7731 GBP | ||||
10p ordinary | Purchase | 862 | 4.7620 GBP | ||||
10p ordinary | Purchase | 844 | 4.7520 GBP | ||||
10p ordinary | Purchase | 715 | 4.7863 GBP | ||||
10p ordinary | Purchase | 702 | 4.7860 GBP | ||||
10p ordinary | Purchase | 700 | 4.7660 GBP | ||||
10p ordinary | Purchase | 662 | 4.7580 GBP | ||||
10p ordinary | Purchase | 651 | 4.7540 GBP | ||||
10p ordinary | Purchase | 589 | 4.7480 GBP | ||||
10p ordinary | Purchase | 586 | 4.7840 GBP | ||||
10p ordinary | Purchase | 577 | 4.7680 GBP | ||||
10p ordinary | Purchase | 555 | 4.7678 GBP | ||||
10p ordinary | Purchase | 539 | 4.7440 GBP | ||||
10p ordinary | Purchase | 334 | 4.7280 GBP | ||||
10p ordinary | Purchase | 276 | 4.7460 GBP | ||||
10p ordinary | Purchase | 65 | 4.7495 GBP | ||||
10p ordinary | Purchase | 55 | 4.7530 GBP | ||||
10p ordinary | Purchase | 14 | 4.7558 GBP | ||||
10p ordinary | Purchase | 4 | 4.7575 GBP | ||||
10p ordinary | Sale | 1,545,151 | 4.7780 GBP | ||||
10p ordinary | Sale | 138,593 | 4.7562 GBP | ||||
10p ordinary | Sale | 96,004 | 4.7732 GBP | ||||
10p ordinary | Sale | 67,367 | 4.7714 GBP | ||||
10p ordinary | Sale | 37,548 | 4.7560 GBP | ||||
10p ordinary | Sale | 35,913 | 4.7667 GBP | ||||
10p ordinary | Sale | 31,381 | 4.7691 GBP | ||||
10p ordinary | Sale | 14,604 | 4.7500 GBP | ||||
10p ordinary | Sale | 14,429 | 4.7676 GBP | ||||
10p ordinary | Sale | 10,699 | 4.7763 GBP | ||||
10p ordinary | Sale | 9,157 | 4.7669 GBP | ||||
10p ordinary | Sale | 8,964 | 4.7658 GBP | ||||
10p ordinary | Sale | 8,655 | 4.7554 GBP | ||||
10p ordinary | Sale | 8,526 | 4.7733 GBP | ||||
10p ordinary | Sale | 8,213 | 4.7464 GBP | ||||
10p ordinary | Sale | 7,641 | 4.7640 GBP | ||||
10p ordinary | Sale | 7,245 | 4.7600 GBP | ||||
10p ordinary | Sale | 6,762 | 4.7683 GBP | ||||
10p ordinary | Sale | 6,076 | 4.7690 GBP | ||||
10p ordinary | Sale | 5,043 | 4.7613 GBP | ||||
10p ordinary | Sale | 4,234 | 4.7657 GBP | ||||
10p ordinary | Sale | 3,946 | 4.7800 GBP | ||||
10p ordinary | Sale | 3,349 | 4.7654 GBP | ||||
10p ordinary | Sale | 3,236 | 4.7662 GBP | ||||
10p ordinary | Sale | 2,601 | 4.7760 GBP | ||||
10p ordinary | Sale | 2,527 | 4.7740 GBP | ||||
10p ordinary | Sale | 2,169 | 4.7700 GBP | ||||
10p ordinary | Sale | 1,956 | 4.7751 GBP | ||||
10p ordinary | Sale | 1,819 | 4.7720 GBP | ||||
10p ordinary | Sale | 1,381 | 4.7688 GBP | ||||
10p ordinary | Sale | 1,326 | 4.7660 GBP | ||||
10p ordinary | Sale | 1,209 | 4.7632 GBP | ||||
10p ordinary | Sale | 1,144 | 4.7880 GBP | ||||
10p ordinary | Sale | 1,044 | 4.7620 GBP | ||||
10p ordinary | Sale | 666 | 4.7580 GBP | ||||
10p ordinary | Sale | 651 | 4.7540 GBP | ||||
10p ordinary | Sale | 632 | 4.7520 GBP | ||||
10p ordinary | Sale | 628 | 4.7860 GBP | ||||
10p ordinary | Sale | 586 | 4.7840 GBP | ||||
10p ordinary | Sale | 539 | 4.7440 GBP | ||||
10p ordinary | Sale | 460 | 4.7724 GBP | ||||
10p ordinary | Sale | 276 | 4.7460 GBP | ||||
10p ordinary | Sale | 55 | 4.7530 GBP | ||||
10p ordinary | Sale | 8 | 4.7519 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 | Increasing Long | 27,925 | 4.7648 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8 | 4.7519 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,895 | 4.7560 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,035 | 4.7640 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,349 | 4.7654 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,234 | 4.7657 GBP | |||
10p ordinary | SWAP | Decreasing Short | 132,700 | 4.7685 USD | |||
10p ordinary | SWAP | Decreasing Short | 11,519 | 4.7686 GBP | |||
10p ordinary | SWAP | Decreasing Short | 31,675 | 4.7690 GBP | |||
10p ordinary | SWAP | Decreasing Short | 865 | 4.7700 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,540,310 | 4.7780 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,264 | 4.7526 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,534 | 4.7546 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,009 | 4.7560 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,509 | 4.7586 GBP | |||
10p ordinary | SWAP | Increasing Short | 55,668 | 4.7602 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,374 | 4.7624 GBP | |||
10p ordinary | SWAP | Increasing Short | 95,711 | 4.7696 GBP | |||
10p ordinary | SWAP | Increasing Short | 49,430 | 4.7720 GBP | |||
10p ordinary | SWAP | Increasing Short | 20,650 | 4.7746 GBP | |||
10p ordinary | SWAP | Increasing Short | 755 | 4.7800 GBP | |||
10p ordinary | CFD | Decreasing Short | 9,591 | 4.7559 GBP | |||
10p ordinary | CFD | Decreasing Short | 4,598 | 4.7647 GBP | |||
10p ordinary | CFD | Increasing Short | 627 | 4.7559 GBP | |||
10p ordinary | CFD | Increasing Short | 148 | 4.7628 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: | 28 Oct 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Shares:
BarclaysSmith (DS)