28th Nov 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 |
| |||||
| 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: | 27 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: |
|
| 32,462,116 | 2.35% | 23,139,869 | 1.68% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 11,984,239 | 0.87% | 31,383,774 | 2.27% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 44,446,355 | 3.22% | 54,523,643 | 3.95% |
(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 | 334,640 | 5.8200 GBP | ||||
10p ordinary | Purchase | 293,175 | 5.8305 GBP | ||||
10p ordinary | Purchase | 110,540 | 5.8767 GBP | ||||
10p ordinary | Purchase | 104,870 | 5.8259 GBP | ||||
10p ordinary | Purchase | 85,000 | 5.8566 GBP | ||||
10p ordinary | Purchase | 52,800 | 5.8584 GBP | ||||
10p ordinary | Purchase | 46,731 | 5.8967 GBP | ||||
10p ordinary | Purchase | 34,313 | 5.8793 GBP | ||||
10p ordinary | Purchase | 29,998 | 5.8790 GBP | ||||
10p ordinary | Purchase | 15,530 | 5.8251 GBP | ||||
10p ordinary | Purchase | 13,903 | 5.8285 GBP | ||||
10p ordinary | Purchase | 11,033 | 5.8934 GBP | ||||
10p ordinary | Purchase | 7,452 | 5.8700 GBP | ||||
10p ordinary | Purchase | 6,359 | 5.8634 GBP | ||||
10p ordinary | Purchase | 5,457 | 5.8549 GBP | ||||
10p ordinary | Purchase | 5,061 | 5.8848 GBP | ||||
10p ordinary | Purchase | 4,096 | 5.8755 GBP | ||||
10p ordinary | Purchase | 3,685 | 5.8774 GBP | ||||
10p ordinary | Purchase | 3,083 | 5.8950 GBP | ||||
10p ordinary | Purchase | 2,987 | 5.8600 GBP | ||||
10p ordinary | Purchase | 2,941 | 5.8626 GBP | ||||
10p ordinary | Purchase | 2,624 | 5.8450 GBP | ||||
10p ordinary | Purchase | 2,228 | 5.8900 GBP | ||||
10p ordinary | Purchase | 2,205 | 5.8891 GBP | ||||
10p ordinary | Purchase | 1,960 | 5.8806 GBP | ||||
10p ordinary | Purchase | 1,683 | 5.8500 GBP | ||||
10p ordinary | Purchase | 1,638 | 5.8300 GBP | ||||
10p ordinary | Purchase | 1,623 | 5.9000 GBP | ||||
10p ordinary | Purchase | 1,589 | 5.8712 GBP | ||||
10p ordinary | Purchase | 1,549 | 5.9191 GBP | ||||
10p ordinary | Purchase | 1,526 | 5.8614 GBP | ||||
10p ordinary | Purchase | 1,500 | 5.8475 GBP | ||||
10p ordinary | Purchase | 1,320 | 5.8759 GBP | ||||
10p ordinary | Purchase | 1,091 | 5.8899 GBP | ||||
10p ordinary | Purchase | 965 | 5.8924 GBP | ||||
10p ordinary | Purchase | 788 | 5.8550 GBP | ||||
10p ordinary | Purchase | 589 | 5.9500 GBP | ||||
10p ordinary | Purchase | 551 | 5.9300 GBP | ||||
10p ordinary | Purchase | 539 | 5.8800 GBP | ||||
10p ordinary | Purchase | 512 | 5.8607 GBP | ||||
10p ordinary | Purchase | 489 | 5.8400 GBP | ||||
10p ordinary | Purchase | 354 | 5.9100 GBP | ||||
10p ordinary | Purchase | 79 | 5.9250 GBP | ||||
10p ordinary | Sale | 264,405 | 5.8200 GBP | ||||
10p ordinary | Sale | 50,720 | 5.8396 GBP | ||||
10p ordinary | Sale | 30,058 | 5.8376 GBP | ||||
10p ordinary | Sale | 27,812 | 5.9159 GBP | ||||
10p ordinary | Sale | 21,351 | 5.8558 GBP | ||||
10p ordinary | Sale | 16,449 | 5.8795 GBP | ||||
10p ordinary | Sale | 12,278 | 5.8564 GBP | ||||
10p ordinary | Sale | 11,990 | 5.8652 GBP | ||||
10p ordinary | Sale | 8,709 | 5.8798 GBP | ||||
10p ordinary | Sale | 6,887 | 5.9466 GBP | ||||
10p ordinary | Sale | 4,043 | 5.8300 GBP | ||||
10p ordinary | Sale | 3,793 | 5.8691 GBP | ||||
10p ordinary | Sale | 3,773 | 5.8707 GBP | ||||
10p ordinary | Sale | 3,600 | 5.8442 GBP | ||||
10p ordinary | Sale | 2,586 | 5.8792 GBP | ||||
10p ordinary | Sale | 2,391 | 5.8450 GBP | ||||
10p ordinary | Sale | 2,387 | 5.8900 GBP | ||||
10p ordinary | Sale | 2,383 | 5.8511 GBP | ||||
10p ordinary | Sale | 2,359 | 5.8763 GBP | ||||
10p ordinary | Sale | 2,265 | 5.8733 GBP | ||||
10p ordinary | Sale | 2,232 | 5.8950 GBP | ||||
10p ordinary | Sale | 2,095 | 5.8827 GBP | ||||
10p ordinary | Sale | 1,956 | 5.9288 GBP | ||||
10p ordinary | Sale | 1,735 | 5.9012 GBP | ||||
10p ordinary | Sale | 1,683 | 5.8500 GBP | ||||
10p ordinary | Sale | 1,623 | 5.9000 GBP | ||||
10p ordinary | Sale | 1,226 | 5.8907 GBP | ||||
10p ordinary | Sale | 1,083 | 5.8862 GBP | ||||
10p ordinary | Sale | 802 | 5.8600 GBP | ||||
10p ordinary | Sale | 788 | 5.8550 GBP | ||||
10p ordinary | Sale | 589 | 5.9500 GBP | ||||
10p ordinary | Sale | 282 | 5.8752 GBP | ||||
10p ordinary | Sale | 110 | 5.9350 GBP | ||||
10p ordinary | Sale | 22 | 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 | 27,812 | 5.9159 USD | |||
10p ordinary | SWAP | Decreasing Short | 6,887 | 5.9465 USD | |||
10p ordinary | SWAP | Increasing Short | 26,338 | 5.8632 GBP | |||
10p ordinary | SWAP | Decreasing Short | 680 | 5.8200 GBP | |||
10p ordinary | SWAP | Decreasing Short | 21,351 | 5.8558 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,006 | 5.8668 GBP | |||
10p ordinary | SWAP | Decreasing Short | 282 | 5.8751 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,586 | 5.8792 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,735 | 5.9012 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,956 | 5.9288 GBP | |||
10p ordinary | SWAP | Decreasing Short | 453 | 5.9500 GBP | |||
10p ordinary | SWAP | Increasing Short | 391,553 | 5.8200 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,530 | 5.8251 GBP | |||
10p ordinary | SWAP | Increasing Short | 26,263 | 5.8444 GBP | |||
10p ordinary | SWAP | Increasing Short | 50,321 | 5.8452 GBP | |||
10p ordinary | SWAP | Increasing Short | 24,581 | 5.8469 GBP | |||
10p ordinary | SWAP | Increasing Short | 52,800 | 5.8584 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,526 | 5.8614 GBP | |||
10p ordinary | SWAP | Increasing Short | 20,732 | 5.8733 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,126 | 5.8750 GBP | |||
10p ordinary | SWAP | Increasing Short | 110,540 | 5.8767 GBP | |||
10p ordinary | SWAP | Increasing Short | 34,313 | 5.8793 GBP | |||
10p ordinary | SWAP | Increasing Short | 46,731 | 5.8966 USD | |||
10p ordinary | CFD | Decreasing Short | 38,033 | 5.8200 GBP | |||
10p ordinary | CFD | Decreasing Short | 5,378 | 5.8874 GBP | |||
10p ordinary | CFD | Increasing Short | 2,092 | 5.8200 GBP | |||
10p ordinary | CFD | Increasing Short | 589 | 5.9500 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 Nov 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Shares:
BarclaysSmith (DS)