7th Oct 2024 15:21
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: | 04 Oct 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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| 31,319,991 | 2.27% | 25,300,465 | 1.83% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,534,510 | 0.84% | 30,228,953 | 2.19% |
(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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| 42,854,501 | 3.10% | 55,529,418 | 4.02% |
(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 | 261,530 | 4.6180 GBP | ||||
10p ordinary | Purchase | 131,812 | 4.6192 GBP | ||||
10p ordinary | Purchase | 106,625 | 4.6159 GBP | ||||
10p ordinary | Purchase | 83,829 | 4.6208 GBP | ||||
10p ordinary | Purchase | 73,556 | 4.6475 GBP | ||||
10p ordinary | Purchase | 61,261 | 4.6210 GBP | ||||
10p ordinary | Purchase | 50,374 | 4.6044 GBP | ||||
10p ordinary | Purchase | 47,245 | 4.6294 GBP | ||||
10p ordinary | Purchase | 34,727 | 4.6125 GBP | ||||
10p ordinary | Purchase | 13,699 | 4.6033 GBP | ||||
10p ordinary | Purchase | 13,338 | 4.6130 GBP | ||||
10p ordinary | Purchase | 10,314 | 4.6193 GBP | ||||
10p ordinary | Purchase | 7,940 | 4.6173 GBP | ||||
10p ordinary | Purchase | 5,201 | 4.6071 GBP | ||||
10p ordinary | Purchase | 4,481 | 4.6157 GBP | ||||
10p ordinary | Purchase | 3,459 | 4.6087 GBP | ||||
10p ordinary | Purchase | 2,788 | 4.6037 GBP | ||||
10p ordinary | Purchase | 2,171 | 4.6100 GBP | ||||
10p ordinary | Purchase | 2,104 | 4.6225 GBP | ||||
10p ordinary | Purchase | 2,009 | 4.6077 GBP | ||||
10p ordinary | Purchase | 1,953 | 4.6098 GBP | ||||
10p ordinary | Purchase | 1,347 | 4.5940 GBP | ||||
10p ordinary | Purchase | 1,122 | 4.6205 GBP | ||||
10p ordinary | Purchase | 709 | 4.6139 GBP | ||||
10p ordinary | Purchase | 164 | 4.6020 GBP | ||||
10p ordinary | Purchase | 13 | 4.6140 GBP | ||||
10p ordinary | Sale | 500,000 | 4.6400 GBP | ||||
10p ordinary | Sale | 375,750 | 4.6391 GBP | ||||
10p ordinary | Sale | 192,956 | 4.6220 GBP | ||||
10p ordinary | Sale | 165,496 | 4.6170 GBP | ||||
10p ordinary | Sale | 160,051 | 4.6500 GBP | ||||
10p ordinary | Sale | 139,205 | 4.6020 GBP | ||||
10p ordinary | Sale | 111,721 | 4.6180 GBP | ||||
10p ordinary | Sale | 100,000 | 4.6033 GBP | ||||
10p ordinary | Sale | 52,702 | 4.6311 GBP | ||||
10p ordinary | Sale | 41,685 | 4.6579 GBP | ||||
10p ordinary | Sale | 30,652 | 4.6545 GBP | ||||
10p ordinary | Sale | 29,970 | 4.6533 GBP | ||||
10p ordinary | Sale | 29,376 | 4.6324 GBP | ||||
10p ordinary | Sale | 24,557 | 4.6413 GBP | ||||
10p ordinary | Sale | 24,333 | 4.6179 GBP | ||||
10p ordinary | Sale | 19,399 | 4.6551 GBP | ||||
10p ordinary | Sale | 13,581 | 4.6347 GBP | ||||
10p ordinary | Sale | 8,535 | 4.6570 GBP | ||||
10p ordinary | Sale | 5,955 | 4.6073 GBP | ||||
10p ordinary | Sale | 5,199 | 4.6315 GBP | ||||
10p ordinary | Sale | 4,311 | 4.6538 GBP | ||||
10p ordinary | Sale | 3,500 | 4.6230 GBP | ||||
10p ordinary | Sale | 3,164 | 4.6554 GBP | ||||
10p ordinary | Sale | 2,718 | 4.6560 GBP | ||||
10p ordinary | Sale | 2,617 | 4.6173 GBP | ||||
10p ordinary | Sale | 2,080 | 4.6618 GBP | ||||
10p ordinary | Sale | 1,627 | 4.6258 GBP | ||||
10p ordinary | Sale | 1,528 | 4.6565 GBP | ||||
10p ordinary | Sale | 1,280 | 4.6640 GBP | ||||
10p ordinary | Sale | 1,122 | 4.6206 GBP | ||||
10p ordinary | Sale | 1,029 | 4.6171 GBP | ||||
10p ordinary | Sale | 889 | 4.6100 GBP | ||||
10p ordinary | Sale | 339 | 4.5959 GBP | ||||
10p ordinary | Sale | 56 | 4.6172 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 | 1,000,000 | 4.6356 USD | |||
10p ordinary | SWAP | Decreasing Short | 339 | 4.5959 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,955 | 4.6073 GBP | |||
10p ordinary | SWAP | Decreasing Short | 165,496 | 4.6170 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,673 | 4.6173 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,423 | 4.6179 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,117 | 4.6180 GBP | |||
10p ordinary | SWAP | Decreasing Short | 20,139 | 4.6182 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,199 | 4.6315 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29,376 | 4.6324 GBP | |||
10p ordinary | SWAP | Decreasing Short | 375,750 | 4.6391 GBP | |||
10p ordinary | SWAP | Decreasing Short | 16,006 | 4.6446 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,307 | 4.6459 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,589 | 4.6532 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,311 | 4.6538 GBP | |||
10p ordinary | SWAP | Decreasing Short | 564 | 4.6640 GBP | |||
10p ordinary | SWAP | Increasing Short | 164 | 4.6020 GBP | |||
10p ordinary | SWAP | Increasing Short | 34,727 | 4.6125 GBP | |||
10p ordinary | SWAP | Increasing Short | 13 | 4.6140 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,481 | 4.6157 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,740 | 4.6169 GBP | |||
10p ordinary | SWAP | Increasing Short | 209,684 | 4.6180 GBP | |||
10p ordinary | SWAP | Increasing Short | 16,883 | 4.6192 GBP | |||
10p ordinary | SWAP | Increasing Short | 46,428 | 4.6193 GBP | |||
10p ordinary | SWAP | Increasing Short | 83,829 | 4.6208 GBP | |||
10p ordinary | SWAP | Increasing Short | 61,261 | 4.6210 GBP | |||
10p ordinary | SWAP | Increasing Short | 36,992 | 4.6226 GBP | |||
10p ordinary | SWAP | Increasing Short | 36,374 | 4.6252 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,188 | 4.6301 GBP | |||
10p ordinary | SWAP | Increasing Short | 73,556 | 4.6475 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,099 | 4.6179 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,122 | 4.6180 GBP | |||
10p ordinary | CFD | Increasing Short | 1,276 | 4.6119 GBP | |||
10p ordinary | CFD | Increasing Short | 1,099 | 4.6179 GBP | |||
10p ordinary | CFD | Increasing Short | 63,906 | 4.6180 GBP | |||
10p ordinary | CFD | Increasing Short | 2,655 | 4.6256 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: | 07 Oct 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSmith (DS)