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: |
01 Oct 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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33,888,661 |
2.45% |
30,759,773 |
2.23% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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11,208,085 |
0.81% |
32,453,313 |
2.35% |
(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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45,096,746 |
3.27% |
63,213,086 |
4.58% |
(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 |
268,851 |
4.6500 GBP |
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10p ordinary |
Purchase |
129,684 |
4.6453 GBP |
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10p ordinary |
Purchase |
73,924 |
4.6300 GBP |
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10p ordinary |
Purchase |
49,901 |
4.6117 GBP |
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10p ordinary |
Purchase |
33,623 |
4.6357 GBP |
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10p ordinary |
Purchase |
32,984 |
4.6456 GBP |
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10p ordinary |
Purchase |
6,776 |
4.6133 GBP |
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10p ordinary |
Purchase |
6,414 |
4.6088 GBP |
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10p ordinary |
Purchase |
6,241 |
4.6205 GBP |
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10p ordinary |
Purchase |
6,170 |
4.6087 GBP |
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10p ordinary |
Purchase |
5,363 |
4.6161 GBP |
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10p ordinary |
Purchase |
2,982 |
4.5961 GBP |
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10p ordinary |
Purchase |
2,921 |
4.6169 GBP |
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10p ordinary |
Purchase |
2,500 |
4.6079 GBP |
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10p ordinary |
Purchase |
2,202 |
4.6259 GBP |
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10p ordinary |
Purchase |
1,965 |
4.6030 GBP |
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10p ordinary |
Purchase |
1,855 |
4.6020 GBP |
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10p ordinary |
Purchase |
1,484 |
4.6000 GBP |
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10p ordinary |
Purchase |
1,447 |
4.6152 GBP |
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10p ordinary |
Purchase |
1,354 |
4.6215 GBP |
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10p ordinary |
Purchase |
1,080 |
4.5904 GBP |
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10p ordinary |
Purchase |
662 |
4.6230 GBP |
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10p ordinary |
Purchase |
621 |
4.6031 GBP |
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10p ordinary |
Purchase |
561 |
4.5990 GBP |
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10p ordinary |
Purchase |
494 |
4.6040 GBP |
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10p ordinary |
Purchase |
418 |
4.6090 GBP |
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10p ordinary |
Purchase |
359 |
4.6080 GBP |
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10p ordinary |
Purchase |
290 |
4.5912 GBP |
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10p ordinary |
Purchase |
81 |
4.5720 GBP |
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10p ordinary |
Purchase |
51 |
4.6147 GBP |
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10p ordinary |
Purchase |
13 |
4.6210 GBP |
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10p ordinary |
Purchase |
2 |
4.6450 GBP |
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10p ordinary |
Purchase |
2 |
4.6520 GBP |
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10p ordinary |
Purchase |
1 |
4.6518 GBP |
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10p ordinary |
Sale |
85,344 |
4.6357 GBP |
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10p ordinary |
Sale |
63,689 |
4.6436 GBP |
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10p ordinary |
Sale |
53,794 |
4.6418 GBP |
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10p ordinary |
Sale |
30,380 |
4.6502 GBP |
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10p ordinary |
Sale |
30,260 |
4.6434 GBP |
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10p ordinary |
Sale |
23,897 |
4.6421 GBP |
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10p ordinary |
Sale |
22,513 |
4.6490 GBP |
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10p ordinary |
Sale |
20,357 |
4.6402 GBP |
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10p ordinary |
Sale |
18,525 |
4.6100 GBP |
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10p ordinary |
Sale |
17,342 |
4.6500 GBP |
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10p ordinary |
Sale |
13,848 |
4.6419 GBP |
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10p ordinary |
Sale |
13,635 |
4.6417 GBP |
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10p ordinary |
Sale |
11,182 |
4.6284 GBP |
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10p ordinary |
Sale |
10,540 |
4.6266 GBP |
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10p ordinary |
Sale |
9,053 |
4.5952 GBP |
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10p ordinary |
Sale |
5,363 |
4.6166 GBP |
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10p ordinary |
Sale |
4,190 |
4.6194 GBP |
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10p ordinary |
Sale |
3,153 |
4.6064 GBP |
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10p ordinary |
Sale |
3,062 |
4.6297 GBP |
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10p ordinary |
Sale |
2,921 |
4.6174 GBP |
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10p ordinary |
Sale |
2,795 |
4.6462 GBP |
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10p ordinary |
Sale |
2,236 |
4.6128 GBP |
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10p ordinary |
Sale |
1,855 |
4.6020 GBP |
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10p ordinary |
Sale |
1,652 |
4.6265 GBP |
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10p ordinary |
Sale |
1,475 |
4.6139 GBP |
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10p ordinary |
Sale |
1,447 |
4.6156 GBP |
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10p ordinary |
Sale |
1,354 |
4.6219 GBP |
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10p ordinary |
Sale |
702 |
4.6048 GBP |
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10p ordinary |
Sale |
662 |
4.6230 GBP |
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10p ordinary |
Sale |
662 |
4.6234 GBP |
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10p ordinary |
Sale |
507 |
4.6280 GBP |
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10p ordinary |
Sale |
237 |
4.6360 GBP |
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10p ordinary |
Sale |
157 |
4.6125 GBP |
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10p ordinary |
Sale |
2 |
4.6520 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 |
SWAP |
Decreasing Short |
3,153 |
4.6064 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
2,236 |
4.6128 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
1,475 |
4.6139 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
20,994 |
4.6322 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
85,344 |
4.6357 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
20,357 |
4.6402 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
21,898 |
4.6409 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
15,244 |
4.6413 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
23,897 |
4.6421 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
206 |
4.6433 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
30,260 |
4.6434 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
13,299 |
4.6458 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
20,070 |
4.6475 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
22,513 |
4.6490 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
10,247 |
4.6500 GBP |
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10p ordinary |
SWAP |
Increasing Short |
242 |
4.6020 GBP |
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10p ordinary |
SWAP |
Increasing Short |
1,965 |
4.6030 GBP |
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10p ordinary |
SWAP |
Increasing Short |
621 |
4.6031 GBP |
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10p ordinary |
SWAP |
Increasing Short |
759 |
4.6057 GBP |
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10p ordinary |
SWAP |
Increasing Short |
6,414 |
4.6088 GBP |
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10p ordinary |
SWAP |
Increasing Short |
49,901 |
4.6117 GBP |
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10p ordinary |
SWAP |
Increasing Short |
5,024 |
4.6159 GBP |
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10p ordinary |
SWAP |
Increasing Short |
6,241 |
4.6204 GBP |
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10p ordinary |
SWAP |
Increasing Short |
33 |
4.6254 GBP |
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10p ordinary |
SWAP |
Increasing Short |
2,202 |
4.6259 GBP |
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10p ordinary |
SWAP |
Increasing Short |
17,165 |
4.6356 GBP |
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10p ordinary |
SWAP |
Increasing Short |
33,623 |
4.6357 GBP |
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10p ordinary |
SWAP |
Increasing Short |
113,269 |
4.6467 GBP |
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10p ordinary |
SWAP |
Increasing Short |
253,719 |
4.6500 GBP |
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10p ordinary |
CFD |
Decreasing Short |
2,021 |
4.6188 GBP |
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10p ordinary |
CFD |
Decreasing Short |
799 |
4.6400 GBP |
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10p ordinary |
CFD |
Decreasing Short |
13,485 |
4.6500 GBP |
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10p ordinary |
CFD |
Increasing Short |
1,855 |
4.6020 GBP |
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10p ordinary |
CFD |
Increasing Short |
1,917 |
4.6035 GBP |
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10p ordinary |
CFD |
Increasing Short |
51 |
4.6147 GBP |
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10p ordinary |
CFD |
Increasing Short |
799 |
4.6400 GBP |
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10p ordinary |
CFD |
Increasing Short |
5 |
4.6500 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: |
02 Oct 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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