Form 8.3 - DS SMITH PLC

Barclays PLC
14 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:

13 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 CO

 

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:

 

 

24,601,025

1.78%

19,151,603

1.39%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

8,125,639

0.59%

23,142,772

1.68%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

32,726,664

2.37%

42,294,375

3.07%

(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

438,596

3.6542  GBP

10p ordinary

Purchase

261,858

3.6709  GBP

10p ordinary

Purchase

237,106

3.6680  GBP

10p ordinary

Purchase

213,716

3.6630  GBP

10p ordinary

Purchase

162,117

3.6675  GBP

10p ordinary

Purchase

159,667

3.6706  GBP

10p ordinary

Purchase

138,385

3.6490  GBP

10p ordinary

Purchase

99,089

3.6761  GBP

10p ordinary

Purchase

92,320

3.6701  GBP

10p ordinary

Purchase

83,486

3.6594  GBP

10p ordinary

Purchase

70,116

3.6654  GBP

10p ordinary

Purchase

44,206

3.6704  GBP

10p ordinary

Purchase

23,100

3.6657  GBP

10p ordinary

Purchase

11,066

3.6861  GBP

10p ordinary

Purchase

8,346

3.6527  GBP

10p ordinary

Purchase

7,918

3.6498  GBP

10p ordinary

Purchase

7,883

3.6896  GBP

10p ordinary

Purchase

7,235

3.6195  GBP

10p ordinary

Purchase

6,614

3.6574  GBP

10p ordinary

Purchase

6,451

3.6849  GBP

10p ordinary

Purchase

6,391

3.6913  GBP

10p ordinary

Purchase

5,735

3.6240  GBP

10p ordinary

Purchase

5,673

3.6504  GBP

10p ordinary

Purchase

5,303

3.6431  GBP

10p ordinary

Purchase

4,927

3.6552  GBP

10p ordinary

Purchase

4,239

3.6760  GBP

10p ordinary

Purchase

4,030

3.6860  GBP

10p ordinary

Purchase

3,425

3.6858  GBP

10p ordinary

Purchase

3,305

3.6407  GBP

10p ordinary

Purchase

3,278

3.6740  GBP

10p ordinary

Purchase

2,992

3.6220  GBP

10p ordinary

Purchase

2,778

3.6425  GBP

10p ordinary

Purchase

2,649

3.6847  GBP

10p ordinary

Purchase

2,632

3.6351  GBP

10p ordinary

Purchase

2,481

3.6480  GBP

10p ordinary

Purchase

2,452

3.6780  GBP

10p ordinary

Purchase

2,402

3.6583  GBP

10p ordinary

Purchase

2,196

3.6260  GBP

10p ordinary

Purchase

2,194

3.6140  GBP

10p ordinary

Purchase

2,162

3.6610  GBP

10p ordinary

Purchase

2,094

3.6720  GBP

10p ordinary

Purchase

1,987

3.6365  GBP

10p ordinary

Purchase

1,981

3.6894  GBP

10p ordinary

Purchase

1,838

3.6306  GBP

10p ordinary

Purchase

1,792

3.6360  GBP

10p ordinary

Purchase

1,761

3.6500  GBP

10p ordinary

Purchase

1,722

3.6960  GBP

10p ordinary

Purchase

1,719

3.6440  GBP

10p ordinary

Purchase

1,717

3.6700  GBP

10p ordinary

Purchase

1,706

3.6449  GBP

10p ordinary

Purchase

1,705

3.6540  GBP

10p ordinary

Purchase

1,676

3.6419  GBP

10p ordinary

Purchase

1,670

3.6380  GBP

10p ordinary

Purchase

1,657

3.6400  GBP

10p ordinary

Purchase

1,585

3.6120  GBP

10p ordinary

Purchase

1,575

3.6880  GBP

10p ordinary

Purchase

1,505

3.6160  GBP

10p ordinary

Purchase

942

3.6180  GBP

10p ordinary

Purchase

880

3.6460  GBP

10p ordinary

Purchase

845

3.6920  GBP

10p ordinary

Purchase

824

3.6570  GBP

10p ordinary

Purchase

821

3.6800  GBP

10p ordinary

Purchase

813

3.6900  GBP

10p ordinary

Purchase

811

3.6940  GBP

10p ordinary

Purchase

805

3.6340  GBP

10p ordinary

Purchase

798

3.6660  GBP

10p ordinary

Purchase

780

3.6280  GBP

10p ordinary

Purchase

775

3.7080  GBP

10p ordinary

Purchase

775

3.6980  GBP

10p ordinary

Purchase

650

3.6300  GBP

10p ordinary

Sale

409,009

3.6635  GBP

10p ordinary

Sale

387,422

3.6644  GBP

10p ordinary

Sale

128,214

3.6672  GBP

10p ordinary

Sale

116,836

3.6781  GBP

10p ordinary

Sale

98,202

3.6680  GBP

10p ordinary

Sale

92,320

3.6701  GBP

10p ordinary

Sale

71,811

3.6622  GBP

10p ordinary

Sale

53,175

3.6507  GBP

10p ordinary

Sale

44,206

3.6704  GBP

10p ordinary

Sale

35,700

3.6259  GBP

10p ordinary

Sale

32,294

3.6764  GBP

10p ordinary

Sale

30,611

3.6863  GBP

10p ordinary

Sale

27,280

3.6599  GBP

10p ordinary

Sale

25,105

3.6520  GBP

10p ordinary

Sale

24,363

3.6373  GBP

10p ordinary

Sale

21,949

3.6291  GBP

10p ordinary

Sale

17,183

3.6340  GBP

10p ordinary

Sale

16,185

3.6700  GBP

10p ordinary

Sale

14,852

3.6581  GBP

10p ordinary

Sale

13,625

3.6637  GBP

10p ordinary

Sale

12,686

3.6486  GBP

10p ordinary

Sale

10,266

3.6871  GBP

10p ordinary

Sale

9,728

3.6454  GBP

10p ordinary

Sale

9,160

3.6536  GBP

10p ordinary

Sale

6,451

3.6849  GBP

10p ordinary

Sale

6,391

3.6913  GBP

10p ordinary

Sale

6,044

3.6901  GBP

10p ordinary

Sale

5,735

3.6240  GBP

10p ordinary

Sale

5,625

3.6794  GBP

10p ordinary

Sale

5,049

3.6609  GBP

10p ordinary

Sale

4,446

3.6757  GBP

10p ordinary

Sale

4,239

3.6760  GBP

10p ordinary

Sale

4,208

3.6860  GBP

10p ordinary

Sale

4,078

3.6740  GBP

10p ordinary

Sale

3,971

3.6197  GBP

10p ordinary

Sale

3,804

3.6636  GBP

10p ordinary

Sale

3,552

3.6853  GBP

10p ordinary

Sale

3,414

3.6880  GBP

10p ordinary

Sale

3,234

3.6617  GBP

10p ordinary

Sale

2,992

3.6220  GBP

10p ordinary

Sale

2,976

3.6720  GBP

10p ordinary

Sale

2,720

3.6960  GBP

10p ordinary

Sale

2,591

3.6822  GBP

10p ordinary

Sale

2,521

3.6246  GBP

10p ordinary

Sale

2,494

3.6540  GBP

10p ordinary

Sale

2,481

3.6480  GBP

10p ordinary

Sale

2,475

3.6273  GBP

10p ordinary

Sale

2,452

3.6780  GBP

10p ordinary

Sale

2,408

3.6728  GBP

10p ordinary

Sale

2,330

3.6160  GBP

10p ordinary

Sale

2,196

3.6260  GBP

10p ordinary

Sale

2,194

3.6140  GBP

10p ordinary

Sale

1,852

3.6250  GBP

10p ordinary

Sale

1,851

3.6400  GBP

10p ordinary

Sale

1,792

3.6360  GBP

10p ordinary

Sale

1,761

3.6500  GBP

10p ordinary

Sale

1,719

3.6440  GBP

10p ordinary

Sale

1,670

3.6380  GBP

10p ordinary

Sale

1,585

3.6120  GBP

10p ordinary

Sale

942

3.6180  GBP

10p ordinary

Sale

880

3.6460  GBP

10p ordinary

Sale

845

3.6920  GBP

10p ordinary

Sale

837

3.6560  GBP

10p ordinary

Sale

834

3.6970  GBP

10p ordinary

Sale

827

3.6510  GBP

10p ordinary

Sale

821

3.6800  GBP

10p ordinary

Sale

813

3.6900  GBP

10p ordinary

Sale

811

3.6940  GBP

10p ordinary

Sale

798

3.6660  GBP

10p ordinary

Sale

780

3.6280  GBP

10p ordinary

Sale

775

3.7080  GBP

10p ordinary

Sale

775

3.6980  GBP

10p ordinary

Sale

650

3.6300  GBP

10p ordinary

Sale

-6

3.6669  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 Long

1,838

3.6306  GBP

10p ordinary

CFD

Decreasing Short

145

3.6680  GBP

10p ordinary

SWAP

Decreasing Short

194

3.6400  GBP

10p ordinary

CFD

Decreasing Short

650

3.6300  GBP

10p ordinary

SWAP

Decreasing Short

717

3.6300  GBP

10p ordinary

SWAP

Decreasing Short

2,475

3.6273  GBP

10p ordinary

CFD

Decreasing Short

2,871

3.6936  GBP

10p ordinary

SWAP

Decreasing Short

9,436

3.6499  GBP

10p ordinary

SWAP

Decreasing Short

15,208

3.6831  GBP

10p ordinary

SWAP

Decreasing Short

19,001

3.6864  GBP

10p ordinary

SWAP

Decreasing Short

30,611

3.6863  GBP

10p ordinary

CFD

Decreasing Short

89,156

3.6775  GBP

10p ordinary

SWAP

Decreasing Short

387,422

3.6644  GBP

10p ordinary

SWAP

Increasing Long

71,811

3.6622  GBP

10p ordinary

SWAP

Increasing Short

1,018

3.6372  GBP

10p ordinary

SWAP

Increasing Short

1,987

3.6365  GBP

10p ordinary

SWAP

Increasing Short

2,402

3.6583  GBP

10p ordinary

SWAP

Increasing Short

2,632

3.6351  GBP

10p ordinary

SWAP

Increasing Short

2,778

3.6425  GBP

10p ordinary

SWAP

Increasing Short

5,673

3.6504  GBP

10p ordinary

SWAP

Increasing Short

6,179

3.6268  GBP

10p ordinary

SWAP

Increasing Short

45,885

3.6278  GBP

10p ordinary

SWAP

Increasing Short

45,943

3.6615  GBP

10p ordinary

SWAP

Increasing Short

54,058

3.6677  GBP

10p ordinary

SWAP

Increasing Short

70,116

3.6654  GBP

10p ordinary

CFD

Increasing Short

90,832

3.6680  GBP

10p ordinary

SWAP

Increasing Short

261,858

3.6709  GBP

10p ordinary

SWAP

Increasing Short

270,798

3.6607  GBP

10p ordinary

SWAP

Opening Long

61,139

3.6541  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:

14 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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