17th Jan 2025 14:39
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: | 16 Jan 2025 | |||||
(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: |
|
| 32,943,881 | 2.39% | 30,401,044 | 2.20% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 12,558,243 | 0.91% | 30,960,114 | 2.24% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 45,502,124 | 3.30% | 61,361,158 | 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 EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
|
|
|
|
| |
Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
| securities |
| ||||
10p ordinary | Purchase | 409,000 | 5.7900 GBP | ||||
10p ordinary | Purchase | 78,862 | 5.7881 GBP | ||||
10p ordinary | Purchase | 76,157 | 5.7865 GBP | ||||
10p ordinary | Purchase | 70,893 | 5.7896 GBP | ||||
10p ordinary | Purchase | 36,267 | 5.7806 GBP | ||||
10p ordinary | Purchase | 33,443 | 5.7736 GBP | ||||
10p ordinary | Purchase | 28,660 | 5.7894 GBP | ||||
10p ordinary | Purchase | 23,992 | 5.7798 GBP | ||||
10p ordinary | Purchase | 11,813 | 5.7821 GBP | ||||
10p ordinary | Purchase | 10,536 | 5.7975 GBP | ||||
10p ordinary | Purchase | 10,466 | 5.7814 GBP | ||||
10p ordinary | Purchase | 10,049 | 5.7880 GBP | ||||
10p ordinary | Purchase | 9,420 | 5.7691 GBP | ||||
10p ordinary | Purchase | 8,497 | 5.7658 GBP | ||||
10p ordinary | Purchase | 8,078 | 5.7743 GBP | ||||
10p ordinary | Purchase | 7,777 | 5.7866 GBP | ||||
10p ordinary | Purchase | 7,677 | 5.7810 GBP | ||||
10p ordinary | Purchase | 6,687 | 5.7753 GBP | ||||
10p ordinary | Purchase | 6,363 | 5.7741 GBP | ||||
10p ordinary | Purchase | 5,955 | 5.7677 GBP | ||||
10p ordinary | Purchase | 4,786 | 5.7657 GBP | ||||
10p ordinary | Purchase | 4,682 | 5.7675 GBP | ||||
10p ordinary | Purchase | 4,547 | 5.7934 GBP | ||||
10p ordinary | Purchase | 4,015 | 5.7678 GBP | ||||
10p ordinary | Purchase | 3,624 | 5.7789 GBP | ||||
10p ordinary | Purchase | 2,661 | 5.7612 GBP | ||||
10p ordinary | Purchase | 1,889 | 5.7611 GBP | ||||
10p ordinary | Purchase | 1,822 | 5.7679 GBP | ||||
10p ordinary | Purchase | 1,605 | 5.7683 GBP | ||||
10p ordinary | Purchase | 1,270 | 5.8000 GBP | ||||
10p ordinary | Purchase | 1,228 | 5.7600 GBP | ||||
10p ordinary | Purchase | 1,200 | 5.7550 GBP | ||||
10p ordinary | Purchase | 869 | 5.7711 GBP | ||||
10p ordinary | Purchase | 648 | 5.7650 GBP | ||||
10p ordinary | Purchase | 648 | 5.7648 GBP | ||||
10p ordinary | Purchase | 637 | 5.7989 GBP | ||||
10p ordinary | Purchase | 636 | 5.7950 GBP | ||||
10p ordinary | Purchase | 334 | 5.7851 GBP | ||||
10p ordinary | Purchase | 108 | 5.7769 GBP | ||||
10p ordinary | Sale | 3,500,000 | 5.7200 GBP | ||||
10p ordinary | Sale | 120,045 | 5.7900 GBP | ||||
10p ordinary | Sale | 109,789 | 5.7909 GBP | ||||
10p ordinary | Sale | 70,893 | 5.7896 GBP | ||||
10p ordinary | Sale | 69,163 | 5.7830 GBP | ||||
10p ordinary | Sale | 27,008 | 5.7703 GBP | ||||
10p ordinary | Sale | 23,556 | 5.7838 GBP | ||||
10p ordinary | Sale | 22,809 | 5.7842 GBP | ||||
10p ordinary | Sale | 22,500 | 5.7695 GBP | ||||
10p ordinary | Sale | 19,154 | 5.7818 GBP | ||||
10p ordinary | Sale | 14,924 | 5.7831 GBP | ||||
10p ordinary | Sale | 12,524 | 5.7911 GBP | ||||
10p ordinary | Sale | 11,509 | 5.7834 GBP | ||||
10p ordinary | Sale | 8,014 | 5.7949 GBP | ||||
10p ordinary | Sale | 6,423 | 5.7549 GBP | ||||
10p ordinary | Sale | 6,161 | 5.7707 GBP | ||||
10p ordinary | Sale | 5,761 | 5.7754 GBP | ||||
10p ordinary | Sale | 4,984 | 5.7743 GBP | ||||
10p ordinary | Sale | 4,786 | 5.7657 GBP | ||||
10p ordinary | Sale | 4,630 | 5.7812 GBP | ||||
10p ordinary | Sale | 4,191 | 5.7660 GBP | ||||
10p ordinary | Sale | 3,227 | 5.7683 GBP | ||||
10p ordinary | Sale | 2,909 | 5.7809 GBP | ||||
10p ordinary | Sale | 2,538 | 5.7891 GBP | ||||
10p ordinary | Sale | 1,808 | 5.7714 GBP | ||||
10p ordinary | Sale | 1,783 | 5.7847 GBP | ||||
10p ordinary | Sale | 1,636 | 5.7859 GBP | ||||
10p ordinary | Sale | 1,219 | 5.7759 GBP | ||||
10p ordinary | Sale | 1,092 | 5.7803 GBP | ||||
10p ordinary | Sale | 1,086 | 5.7675 GBP | ||||
10p ordinary | Sale | 1,002 | 5.7989 GBP | ||||
10p ordinary | Sale | 993 | 5.7850 GBP | ||||
10p ordinary | Sale | 926 | 5.7750 GBP | ||||
10p ordinary | Sale | 788 | 5.7655 GBP | ||||
10p ordinary | Sale | 649 | 5.7650 GBP | ||||
10p ordinary | Sale | 636 | 5.7950 GBP | ||||
10p ordinary | Sale | 597 | 5.7600 GBP | ||||
10p ordinary | Sale | 588 | 5.7800 GBP | ||||
10p ordinary | Sale | 568 | 5.7799 GBP | ||||
10p ordinary | Sale | 545 | 5.7625 GBP | ||||
10p ordinary | Sale | 506 | 5.7941 GBP | ||||
10p ordinary | Sale | 17 | 5.7705 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 Short | 76,271 | 5.7809 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,387 | 5.7848 GBP | |||
10p ordinary | SWAP | Decreasing Short | 44 | 5.7200 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,423 | 5.7549 GBP | |||
10p ordinary | SWAP | Decreasing Short | 22,500 | 5.7695 USD | |||
10p ordinary | SWAP | Decreasing Short | 3,780 | 5.7812 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,154 | 5.7818 GBP | |||
10p ordinary | SWAP | Decreasing Short | 69,163 | 5.7830 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,407 | 5.7844 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,783 | 5.7847 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,874 | 5.7872 GBP | |||
10p ordinary | SWAP | Decreasing Short | 85,393 | 5.7886 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,524 | 5.7911 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8,014 | 5.7949 GBP | |||
10p ordinary | SWAP | Increasing Short | 631 | 5.7600 GBP | |||
10p ordinary | SWAP | Increasing Short | 869 | 5.7711 GBP | |||
10p ordinary | SWAP | Increasing Short | 33,443 | 5.7736 GBP | |||
10p ordinary | SWAP | Increasing Short | 135,847 | 5.7841 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,875 | 5.7845 GBP | |||
10p ordinary | SWAP | Increasing Short | 278,663 | 5.7900 GBP | |||
10p ordinary | SWAP | Increasing Short | 637 | 5.7988 GBP | |||
10p ordinary | CFD | Decreasing Short | 30,000 | 5.7699 GBP | |||
10p ordinary | CFD | Decreasing Short | 44,762 | 5.7900 GBP | |||
10p ordinary | CFD | Increasing Short | 70,893 | 5.7896 GBP | |||
10p ordinary | CFD | Increasing Short | 852 | 5.7900 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,497 | 5.7658 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: | 17 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Shares:
BarclaysSmith (DS)