FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
DS SMITH PLC |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
24 Jun 2024 |
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(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 |
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(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 |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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23,842,476 |
1.73% |
32,693,061 |
2.37% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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9,074,801 |
0.66% |
22,898,271 |
1.66% |
(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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32,917,277 |
2.39% |
55,591,332 |
4.03% |
(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 |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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10p ordinary |
Purchase |
359,104 |
3.6307 GBP |
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10p ordinary |
Purchase |
331,964 |
3.6536 GBP |
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10p ordinary |
Purchase |
288,108 |
3.6535 GBP |
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10p ordinary |
Purchase |
153,829 |
3.6560 GBP |
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10p ordinary |
Purchase |
149,898 |
3.6267 GBP |
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10p ordinary |
Purchase |
116,614 |
3.6194 GBP |
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10p ordinary |
Purchase |
87,740 |
3.6351 GBP |
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10p ordinary |
Purchase |
40,000 |
3.6078 GBP |
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10p ordinary |
Purchase |
27,757 |
3.6648 GBP |
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10p ordinary |
Purchase |
27,468 |
3.6427 GBP |
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10p ordinary |
Purchase |
15,477 |
3.6472 GBP |
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10p ordinary |
Purchase |
9,330 |
3.6465 GBP |
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10p ordinary |
Purchase |
8,562 |
3.6316 GBP |
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10p ordinary |
Purchase |
8,021 |
3.6462 GBP |
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10p ordinary |
Purchase |
7,185 |
3.6435 GBP |
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10p ordinary |
Purchase |
6,072 |
3.6542 GBP |
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10p ordinary |
Purchase |
5,616 |
3.6240 GBP |
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10p ordinary |
Purchase |
4,707 |
3.6531 GBP |
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10p ordinary |
Purchase |
4,520 |
3.6386 GBP |
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10p ordinary |
Purchase |
4,227 |
3.6155 GBP |
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10p ordinary |
Purchase |
3,503 |
3.6363 GBP |
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10p ordinary |
Purchase |
3,027 |
3.6153 GBP |
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10p ordinary |
Purchase |
2,543 |
3.6000 GBP |
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10p ordinary |
Purchase |
2,473 |
3.6463 GBP |
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10p ordinary |
Purchase |
1,977 |
3.6161 GBP |
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10p ordinary |
Purchase |
1,948 |
3.6149 GBP |
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10p ordinary |
Purchase |
1,609 |
3.6424 GBP |
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10p ordinary |
Purchase |
1,545 |
3.6107 GBP |
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10p ordinary |
Purchase |
1,461 |
3.6010 GBP |
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10p ordinary |
Purchase |
1,411 |
3.6380 GBP |
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10p ordinary |
Purchase |
1,384 |
3.6530 GBP |
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10p ordinary |
Purchase |
1,299 |
3.6260 GBP |
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10p ordinary |
Purchase |
1,047 |
3.6700 GBP |
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10p ordinary |
Purchase |
1,042 |
3.6640 GBP |
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10p ordinary |
Purchase |
1,013 |
3.6480 GBP |
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10p ordinary |
Purchase |
962 |
3.6540 GBP |
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10p ordinary |
Purchase |
941 |
3.6570 GBP |
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10p ordinary |
Purchase |
925 |
3.6340 GBP |
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10p ordinary |
Purchase |
918 |
3.6026 GBP |
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10p ordinary |
Purchase |
797 |
3.6600 GBP |
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10p ordinary |
Purchase |
681 |
3.6020 GBP |
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10p ordinary |
Purchase |
514 |
3.6261 GBP |
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10p ordinary |
Purchase |
320 |
3.6740 GBP |
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10p ordinary |
Purchase |
202 |
3.6280 GBP |
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10p ordinary |
Sale |
378,281 |
3.6503 GBP |
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10p ordinary |
Sale |
217,392 |
3.6539 GBP |
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10p ordinary |
Sale |
203,346 |
3.6320 GBP |
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10p ordinary |
Sale |
161,612 |
3.6561 GBP |
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10p ordinary |
Sale |
159,586 |
3.6215 GBP |
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10p ordinary |
Sale |
157,991 |
3.6280 GBP |
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10p ordinary |
Sale |
147,179 |
3.6560 GBP |
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10p ordinary |
Sale |
120,420 |
3.6552 GBP |
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10p ordinary |
Sale |
73,864 |
3.6238 GBP |
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10p ordinary |
Sale |
73,673 |
3.6295 GBP |
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10p ordinary |
Sale |
61,866 |
3.6340 GBP |
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10p ordinary |
Sale |
50,432 |
3.6370 GBP |
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10p ordinary |
Sale |
29,683 |
3.6242 GBP |
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10p ordinary |
Sale |
25,102 |
3.6249 GBP |
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10p ordinary |
Sale |
24,797 |
3.6402 GBP |
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10p ordinary |
Sale |
22,361 |
3.6192 GBP |
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10p ordinary |
Sale |
17,186 |
3.6250 GBP |
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10p ordinary |
Sale |
16,297 |
3.6252 GBP |
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10p ordinary |
Sale |
14,661 |
3.6297 GBP |
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10p ordinary |
Sale |
12,077 |
3.6078 GBP |
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10p ordinary |
Sale |
9,592 |
3.6151 GBP |
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10p ordinary |
Sale |
8,407 |
3.6225 GBP |
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10p ordinary |
Sale |
8,407 |
3.6239 GBP |
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10p ordinary |
Sale |
8,301 |
3.6193 GBP |
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10p ordinary |
Sale |
7,521 |
3.6428 GBP |
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10p ordinary |
Sale |
7,105 |
3.6243 GBP |
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10p ordinary |
Sale |
4,519 |
3.6146 GBP |
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10p ordinary |
Sale |
3,848 |
3.6240 GBP |
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10p ordinary |
Sale |
3,567 |
3.6434 GBP |
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10p ordinary |
Sale |
3,088 |
3.6559 GBP |
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10p ordinary |
Sale |
2,984 |
3.6259 GBP |
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10p ordinary |
Sale |
2,508 |
3.6035 GBP |
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10p ordinary |
Sale |
2,208 |
3.6290 GBP |
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10p ordinary |
Sale |
1,949 |
3.6156 GBP |
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10p ordinary |
Sale |
1,787 |
3.6020 GBP |
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10p ordinary |
Sale |
1,756 |
3.6055 GBP |
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10p ordinary |
Sale |
1,299 |
3.6260 GBP |
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10p ordinary |
Sale |
1,086 |
3.6335 GBP |
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10p ordinary |
Sale |
1,047 |
3.6700 GBP |
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10p ordinary |
Sale |
1,042 |
3.6640 GBP |
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10p ordinary |
Sale |
1,013 |
3.6480 GBP |
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10p ordinary |
Sale |
988 |
3.6230 GBP |
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10p ordinary |
Sale |
962 |
3.6540 GBP |
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10p ordinary |
Sale |
797 |
3.6600 GBP |
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10p ordinary |
Sale |
777 |
3.6200 GBP |
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10p ordinary |
Sale |
620 |
3.6080 GBP |
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10p ordinary |
Sale |
320 |
3.6740 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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10p ordinary |
CFD |
Decreasing Long |
7 |
3.6557 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
681 |
3.6020 GBP |
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10p ordinary |
CFD |
Decreasing Long |
9,577 |
3.6559 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
13,587 |
3.6373 GBP |
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10p ordinary |
CFD |
Decreasing Long |
105,430 |
3.6560 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
620 |
3.6080 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
2,152 |
3.5892 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
3,088 |
3.6559 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
4,519 |
3.6146 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
37,559 |
3.6345 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
39,515 |
3.6241 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
73,864 |
3.6238 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
112,164 |
3.6215 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
135,136 |
3.6560 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
156,278 |
3.6560 GBP |
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10p ordinary |
CFD |
Increasing Long |
1,013 |
3.6479 GBP |
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10p ordinary |
CFD |
Increasing Long |
9,118 |
3.6328 GBP |
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10p ordinary |
CFD |
Increasing Long |
9,577 |
3.6559 GBP |
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10p ordinary |
CFD |
Increasing Long |
12,465 |
3.6317 GBP |
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10p ordinary |
CFD |
Increasing Long |
15,151 |
3.6017 GBP |
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10p ordinary |
SWAP |
Increasing Long |
18,500 |
3.6154 GBP |
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10p ordinary |
SWAP |
Increasing Long |
73,673 |
3.6295 GBP |
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10p ordinary |
SWAP |
Increasing Long |
120,420 |
3.6552 GBP |
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10p ordinary |
SWAP |
Increasing Short |
918 |
3.6026 GBP |
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10p ordinary |
SWAP |
Increasing Short |
1,751 |
3.6081 GBP |
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10p ordinary |
SWAP |
Increasing Short |
3,027 |
3.6153 GBP |
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10p ordinary |
SWAP |
Increasing Short |
27,757 |
3.6648 GBP |
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10p ordinary |
SWAP |
Increasing Short |
116,614 |
3.6194 GBP |
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10p ordinary |
SWAP |
Increasing Short |
170,961 |
3.6546 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 |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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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 |
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security |
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securities |
unit |
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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 |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(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 |
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(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 |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
25 Jun 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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