Form 8.3 -DS SMITH PLC

Barclays PLC
05 August 2024
 

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

 relevant securities this form relates:

DS SMITH PLC

(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:

02 Aug 2024

(f)

In addition to the company in 1(c) above, is the discloser making

 disclosures in respect of any other party to the offer?

YES:
 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:

33,094,005

2.40%

32,508,384

2.36%

(2) Cash-settled derivatives:

12,290,116

0.89%

32,742,221

2.37%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

45,384,121

3.29%

65,250,605

4.73%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant

 security

Purchase/sale

Number of

 securities

Price per unit

10p ordinary

Purchase

127,436

4.4452  GBP

10p ordinary

Purchase

121,782

4.4394  GBP

10p ordinary

Purchase

80,726

4.4380  GBP

10p ordinary

Purchase

78,894

4.4441  GBP

10p ordinary

Purchase

22,912

4.4751  GBP

10p ordinary

Purchase

13,588

4.4777  GBP

10p ordinary

Purchase

11,072

4.4375  GBP

10p ordinary

Purchase

9,838

4.4680  GBP

10p ordinary

Purchase

4,600

4.4373  GBP

10p ordinary

Purchase

4,034

4.4559  GBP

10p ordinary

Purchase

3,434

4.4980  GBP

10p ordinary

Purchase

2,380

4.4625  GBP

10p ordinary

Purchase

2,016

4.4672  GBP

10p ordinary

Purchase

1,931

4.4700  GBP

10p ordinary

Purchase

1,864

4.4371  GBP

10p ordinary

Purchase

1,473

4.4709  GBP

10p ordinary

Purchase

1,200

4.4820  GBP

10p ordinary

Purchase

947

4.5389  GBP

10p ordinary

Purchase

583

4.4779  GBP

10p ordinary

Purchase

386

4.4786  GBP

10p ordinary

Purchase

251

4.4807  GBP

10p ordinary

Purchase

215

4.4736  GBP

10p ordinary

Purchase

172

4.4830  GBP

10p ordinary

Purchase

158

4.4840  GBP

10p ordinary

Purchase

93

4.4467  GBP

10p ordinary

Purchase

25

4.4758  GBP

10p ordinary

Purchase

25

4.4760  GBP

10p ordinary

Purchase

24

4.4440  GBP

10p ordinary

Purchase

18

4.4740  GBP

10p ordinary

Sale

163,218

4.4666  GBP

10p ordinary

Sale

136,839

4.4423  GBP

10p ordinary

Sale

121,949

4.4380  GBP

10p ordinary

Sale

105,302

4.4385  GBP

10p ordinary

Sale

58,981

4.4637  GBP

10p ordinary

Sale

30,089

4.4392  GBP

10p ordinary

Sale

16,872

4.4742  GBP

10p ordinary

Sale

15,793

4.5100  GBP

10p ordinary

Sale

9,322

4.4648  GBP

10p ordinary

Sale

9,009

4.4382  GBP

10p ordinary

Sale

9,006

4.4832  GBP

10p ordinary

Sale

2,519

4.4720  GBP

10p ordinary

Sale

1,962

4.4387  GBP

10p ordinary

Sale

1,856

4.4888  GBP

10p ordinary

Sale

1,000

4.4580  GBP

10p ordinary

Sale

583

4.4783  GBP

10p ordinary

Sale

509

4.5120  GBP

10p ordinary

Sale

407

4.4430  GBP

10p ordinary

Sale

353

4.4880  GBP

10p ordinary

Sale

215

4.4741  GBP

10p ordinary

Sale

172

4.4834  GBP

10p ordinary

Sale

25

4.4760  GBP

10p ordinary

Sale

18

4.4744  GBP

(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

10p ordinary

CFD

Decreasing Short

1,272

4.4380  GBP

10p ordinary

CFD

Decreasing Short

167

4.4497  GBP

10p ordinary

CFD

Increasing Short

65,148

4.4379  GBP

10p ordinary

CFD

Increasing Short

93

4.4467  GBP

10p ordinary

CFD

Increasing Short

17,720

4.4557  GBP

10p ordinary

SWAP

Increasing Short

48

4.4679  GBP

10p ordinary

SWAP

Decreasing Short

28,598

4.4380  GBP

10p ordinary

SWAP

Decreasing Short

80,445

4.4526  GBP

10p ordinary

SWAP

Decreasing Short

163,218

4.4666  GBP

10p ordinary

SWAP

Decreasing Short

9,006

4.4832  GBP

10p ordinary

SWAP

Decreasing Short

1,856

4.4888  GBP

10p ordinary

SWAP

Increasing Short

78,894

4.4441  GBP

10p ordinary

SWAP

Increasing Short

3

4.4560  GBP

10p ordinary

SWAP

Increasing Short

2,980

4.4932  GBP

10p ordinary

SWAP

Increasing Short

3,434

4.4980  GBP

10p ordinary

SWAP

Increasing Short

312

4.5130  GBP

10p ordinary

SWAP

Increasing Short

947

4.5389  GBP

10p ordinary

SWAP

Increasing Long

16,872

4.4742  GBP

10p ordinary

SWAP

Decreasing Long

22,912

4.4751  GBP

10p ordinary

SWAP

Decreasing Short

407

4.4430  GBP

10p ordinary

SWAP

Decreasing Short

28,986

4.4380  GBP

10p ordinary

SWAP

Decreasing Short

58,981

4.4637  GBP

10p ordinary

SWAP

Increasing Short

13,588

4.4777  GBP

10p ordinary

SWAP

Increasing Short

624

4.5132  GBP

10p ordinary

SWAP

Increasing Long

325,000

4.5660  GBP

10p ordinary

SWAP

Increasing Short

340,000

4.5660  GBP









(c)

Stock-settled derivative transactions

 (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

















(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit














(d)

Other dealings (including subscribing for

 new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 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 person 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:

05 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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