Form 8.3 - DS SMITH PLC

Barclays PLC
13 May 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

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:

10 May 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:

 

 

24,763,171

1.80%

19,121,679

1.39%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

7,994,427

0.58%

22,283,499

1.62%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

32,757,598

2.37%

41,405,178

3.00%

(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

464,197

3.6248  GBP

10p ordinary

Purchase

442,477

3.6044  GBP

10p ordinary

Purchase

327,091

3.6089  GBP

10p ordinary

Purchase

295,716

3.6009  GBP

10p ordinary

Purchase

266,842

3.6300  GBP

10p ordinary

Purchase

184,556

3.6177  GBP

10p ordinary

Purchase

170,620

3.6298  GBP

10p ordinary

Purchase

145,841

3.6217  GBP

10p ordinary

Purchase

121,103

3.6151  GBP

10p ordinary

Purchase

107,698

3.6165  GBP

10p ordinary

Purchase

102,514

3.6167  GBP

10p ordinary

Purchase

64,134

3.6295  GBP

10p ordinary

Purchase

62,498

3.6091  GBP

10p ordinary

Purchase

60,546

3.6158  GBP

10p ordinary

Purchase

38,946

3.6064  GBP

10p ordinary

Purchase

24,188

3.6074  GBP

10p ordinary

Purchase

23,491

3.6221  GBP

10p ordinary

Purchase

18,959

3.6141  GBP

10p ordinary

Purchase

18,828

3.6070  GBP

10p ordinary

Purchase

18,694

3.6142  GBP

10p ordinary

Purchase

18,507

3.6294  GBP

10p ordinary

Purchase

17,373

3.5962  GBP

10p ordinary

Purchase

16,328

3.6146  GBP

10p ordinary

Purchase

14,831

3.6094  GBP

10p ordinary

Purchase

13,393

3.5973  GBP

10p ordinary

Purchase

12,551

3.6115  GBP

10p ordinary

Purchase

12,475

3.5972  GBP

10p ordinary

Purchase

12,443

3.6137  GBP

10p ordinary

Purchase

8,806

3.5863  GBP

10p ordinary

Purchase

7,873

3.6080  GBP

10p ordinary

Purchase

7,555

3.5900  GBP

10p ordinary

Purchase

6,840

3.6060  GBP

10p ordinary

Purchase

5,728

3.6035  GBP

10p ordinary

Purchase

5,344

3.6121  GBP

10p ordinary

Purchase

4,463

3.6075  GBP

10p ordinary

Purchase

4,316

3.5893  GBP

10p ordinary

Purchase

4,204

3.6280  GBP

10p ordinary

Purchase

3,724

3.6011  GBP

10p ordinary

Purchase

3,701

3.5870  GBP

10p ordinary

Purchase

3,216

3.5891  GBP

10p ordinary

Purchase

2,031

3.6007  GBP

10p ordinary

Purchase

2,020

3.6157  GBP

10p ordinary

Purchase

1,935

3.6100  GBP

10p ordinary

Purchase

1,844

3.6000  GBP

10p ordinary

Purchase

1,678

3.5780  GBP

10p ordinary

Purchase

1,493

3.6220  GBP

10p ordinary

Purchase

1,449

3.5980  GBP

10p ordinary

Purchase

1,403

3.6340  GBP

10p ordinary

Purchase

1,285

3.6140  GBP

10p ordinary

Purchase

962

3.6240  GBP

10p ordinary

Purchase

538

3.6020  GBP

10p ordinary

Purchase

177

3.6105  GBP

10p ordinary

Purchase

95

3.6025  GBP

10p ordinary

Purchase

10

3.6279  GBP

10p ordinary

Purchase

2

3.6260  GBP

10p ordinary

Sale

716,456

3.6300  GBP

10p ordinary

Sale

148,206

3.6151  GBP

10p ordinary

Sale

134,714

3.6052  GBP

10p ordinary

Sale

106,609

3.6224  GBP

10p ordinary

Sale

103,039

3.6021  GBP

10p ordinary

Sale

90,561

3.6202  GBP

10p ordinary

Sale

76,819

3.5960  GBP

10p ordinary

Sale

73,392

3.6400  GBP

10p ordinary

Sale

58,309

3.6031  GBP

10p ordinary

Sale

55,715

3.6222  GBP

10p ordinary

Sale

49,100

3.6062  GBP

10p ordinary

Sale

42,628

3.5991  GBP

10p ordinary

Sale

37,177

3.6067  GBP

10p ordinary

Sale

35,925

3.6041  GBP

10p ordinary

Sale

34,618

3.6127  GBP

10p ordinary

Sale

28,837

3.6100  GBP

10p ordinary

Sale

23,141

3.6229  GBP

10p ordinary

Sale

16,968

3.6058  GBP

10p ordinary

Sale

15,523

3.6017  GBP

10p ordinary

Sale

15,499

3.6095  GBP

10p ordinary

Sale

14,711

3.6024  GBP

10p ordinary

Sale

13,393

3.5973  GBP

10p ordinary

Sale

12,475

3.5972  GBP

10p ordinary

Sale

10,202

3.6337  GBP

10p ordinary

Sale

10,103

3.6057  GBP

10p ordinary

Sale

8,806

3.5863  GBP

10p ordinary

Sale

8,073

3.6240  GBP

10p ordinary

Sale

7,931

3.6083  GBP

10p ordinary

Sale

7,802

3.6380  GBP

10p ordinary

Sale

7,423

3.5900  GBP

10p ordinary

Sale

7,227

3.6217  GBP

10p ordinary

Sale

7,091

3.6080  GBP

10p ordinary

Sale

7,088

3.6104  GBP

10p ordinary

Sale

6,519

3.6069  GBP

10p ordinary

Sale

6,397

3.6015  GBP

10p ordinary

Sale

5,836

3.6133  GBP

10p ordinary

Sale

5,005

3.6000  GBP

10p ordinary

Sale

4,715

3.6060  GBP

10p ordinary

Sale

4,204

3.6280  GBP

10p ordinary

Sale

3,966

3.6073  GBP

10p ordinary

Sale

3,347

3.6263  GBP

10p ordinary

Sale

3,275

3.5920  GBP

10p ordinary

Sale

3,216

3.5891  GBP

10p ordinary

Sale

2,980

3.5998  GBP

10p ordinary

Sale

2,792

3.6366  GBP

10p ordinary

Sale

2,462

3.6125  GBP

10p ordinary

Sale

2,437

3.5904  GBP

10p ordinary

Sale

2,426

3.6061  GBP

10p ordinary

Sale

2,302

3.5974  GBP

10p ordinary

Sale

2,031

3.6007  GBP

10p ordinary

Sale

1,872

3.6082  GBP

10p ordinary

Sale

1,860

3.6178  GBP

10p ordinary

Sale

1,678

3.5780  GBP

10p ordinary

Sale

1,597

3.5927  GBP

10p ordinary

Sale

1,552

3.5800  GBP

10p ordinary

Sale

1,449

3.5980  GBP

10p ordinary

Sale

1,403

3.6340  GBP

10p ordinary

Sale

1,285

3.6140  GBP

10p ordinary

Sale

943

3.6320  GBP

10p ordinary

Sale

919

3.5910  GBP

10p ordinary

Sale

538

3.6020  GBP

10p ordinary

Sale

95

3.6029  GBP

10p ordinary

Sale

62

3.6200  GBP

10p ordinary

Sale

57

3.6299  GBP

10p ordinary

Sale

12

3.6238  GBP

10p ordinary

Sale

2

3.6260  GBP

10p ordinary

Sale

100

3.6279  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

12

3.6238  GBP

10p ordinary

SWAP

Decreasing Short

57

3.6299  GBP

10p ordinary

SWAP

Decreasing Short

62

3.6199  GBP

10p ordinary

SWAP

Decreasing Short

168

3.5900  GBP

10p ordinary

CFD

Decreasing Short

282

3.6336  GBP

10p ordinary

SWAP

Decreasing Short

2,462

3.6125  GBP

10p ordinary

SWAP

Decreasing Short

2,980

3.5998  GBP

10p ordinary

CFD

Decreasing Short

5,993

3.6235  GBP

10p ordinary

CFD

Decreasing Short

10,480

3.6300  GBP

10p ordinary

SWAP

Decreasing Short

34,618

3.6127  GBP

10p ordinary

SWAP

Decreasing Short

37,942

3.6283  GBP

10p ordinary

SWAP

Decreasing Short

58,309

3.6031  GBP

10p ordinary

CFD

Decreasing Short

76,819

3.5959  GBP

10p ordinary

SWAP

Decreasing Short

143,515

3.6151  GBP

10p ordinary

SWAP

Increasing Long

2,437

3.5904  GBP

10p ordinary

SWAP

Increasing Short

54

3.6300  GBP

10p ordinary

SWAP

Increasing Short

454

3.6100  GBP

10p ordinary

SWAP

Increasing Short

3,724

3.6011  GBP

10p ordinary

SWAP

Increasing Short

4,972

3.6060  GBP

10p ordinary

SWAP

Increasing Short

10,810

3.6300  GBP

10p ordinary

SWAP

Increasing Short

10,859

3.6090  GBP

10p ordinary

SWAP

Increasing Short

24,188

3.6074  GBP

10p ordinary

SWAP

Increasing Short

36,296

3.6102  GBP

10p ordinary

SWAP

Increasing Short

51,463

3.6296  GBP

10p ordinary

SWAP

Increasing Short

55,559

3.6130  GBP

10p ordinary

SWAP

Increasing Short

70,000

3.6050  GBP

10p ordinary

SWAP

Increasing Short

121,103

3.6151  GBP

10p ordinary

SWAP

Increasing Short

170,620

3.6298  GBP

10p ordinary

CFD

Increasing Short

244,612

3.6300  GBP

10p ordinary

SWAP

Increasing Short

327,091

3.6089  GBP

10p ordinary

SWAP

Increasing Short

328,768

3.6191  GBP

10p ordinary

SWAP

Opening Long

60,802

3.6131  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:

13 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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