1 May 2024 14:24
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 |
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| 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 |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 30 Apr 2024 | |||||
(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 | ||||||
(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 | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 21,995,307 | 1.59% | 7,890,671 | 0.57% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 8,619,322 | 0.62% | 21,519,339 | 1.56% |
(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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| 30,614,629 | 2.22% | 29,410,010 | 2.13% |
(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 | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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10p ordinary | Purchase | 503,512 | 3.5113 GBP | ||||
10p ordinary | Purchase | 372,271 | 3.5160 GBP | ||||
10p ordinary | Purchase | 216,192 | 3.5065 GBP | ||||
10p ordinary | Purchase | 200,748 | 3.5040 GBP | ||||
10p ordinary | Purchase | 175,487 | 3.5197 GBP | ||||
10p ordinary | Purchase | 125,112 | 3.5124 GBP | ||||
10p ordinary | Purchase | 66,671 | 3.5182 GBP | ||||
10p ordinary | Purchase | 62,998 | 3.5226 GBP | ||||
10p ordinary | Purchase | 54,071 | 3.5166 GBP | ||||
10p ordinary | Purchase | 46,594 | 3.5152 GBP | ||||
10p ordinary | Purchase | 38,460 | 3.5154 GBP | ||||
10p ordinary | Purchase | 32,700 | 3.5222 GBP | ||||
10p ordinary | Purchase | 30,165 | 3.5162 GBP | ||||
10p ordinary | Purchase | 29,348 | 3.5143 GBP | ||||
10p ordinary | Purchase | 28,537 | 3.5145 GBP | ||||
10p ordinary | Purchase | 25,148 | 3.5186 GBP | ||||
10p ordinary | Purchase | 23,882 | 3.5179 GBP | ||||
10p ordinary | Purchase | 22,385 | 3.5171 GBP | ||||
10p ordinary | Purchase | 16,323 | 3.5170 GBP | ||||
10p ordinary | Purchase | 15,751 | 3.5217 GBP | ||||
10p ordinary | Purchase | 13,859 | 3.5106 GBP | ||||
10p ordinary | Purchase | 11,679 | 3.5129 GBP | ||||
10p ordinary | Purchase | 8,126 | 3.5138 GBP | ||||
10p ordinary | Purchase | 7,191 | 3.5240 GBP | ||||
10p ordinary | Purchase | 7,034 | 3.5121 GBP | ||||
10p ordinary | Purchase | 6,378 | 3.5110 GBP | ||||
10p ordinary | Purchase | 5,948 | 3.5181 GBP | ||||
10p ordinary | Purchase | 5,447 | 3.5175 GBP | ||||
10p ordinary | Purchase | 4,389 | 3.5126 GBP | ||||
10p ordinary | Purchase | 4,380 | 3.5228 GBP | ||||
10p ordinary | Purchase | 4,172 | 3.5193 GBP | ||||
10p ordinary | Purchase | 4,106 | 3.5117 GBP | ||||
10p ordinary | Purchase | 3,684 | 3.5140 GBP | ||||
10p ordinary | Purchase | 3,366 | 3.5136 GBP | ||||
10p ordinary | Purchase | 1,489 | 3.5289 GBP | ||||
10p ordinary | Purchase | 1,200 | 3.5200 GBP | ||||
10p ordinary | Purchase | 1,117 | 3.5131 GBP | ||||
10p ordinary | Purchase | 791 | 3.5300 GBP | ||||
10p ordinary | Purchase | 698 | 3.5280 GBP | ||||
10p ordinary | Purchase | 476 | 3.5380 GBP | ||||
10p ordinary | Purchase | 153 | 3.5030 GBP | ||||
10p ordinary | Sale | 355,034 | 3.5211 GBP | ||||
10p ordinary | Sale | 229,272 | 3.5132 GBP | ||||
10p ordinary | Sale | 158,204 | 3.5040 GBP | ||||
10p ordinary | Sale | 138,672 | 3.5165 GBP | ||||
10p ordinary | Sale | 105,109 | 3.5159 GBP | ||||
10p ordinary | Sale | 103,904 | 3.5041 GBP | ||||
10p ordinary | Sale | 76,519 | 3.5128 GBP | ||||
10p ordinary | Sale | 49,789 | 3.5045 GBP | ||||
10p ordinary | Sale | 45,129 | 3.5075 GBP | ||||
10p ordinary | Sale | 34,914 | 3.5082 GBP | ||||
10p ordinary | Sale | 27,300 | 3.5124 GBP | ||||
10p ordinary | Sale | 25,115 | 3.5230 GBP | ||||
10p ordinary | Sale | 21,781 | 3.5179 GBP | ||||
10p ordinary | Sale | 21,264 | 3.5180 GBP | ||||
10p ordinary | Sale | 15,052 | 3.5168 GBP | ||||
10p ordinary | Sale | 13,752 | 3.5289 GBP | ||||
10p ordinary | Sale | 10,902 | 3.5268 GBP | ||||
10p ordinary | Sale | 9,161 | 3.5196 GBP | ||||
10p ordinary | Sale | 8,050 | 3.5184 GBP | ||||
10p ordinary | Sale | 7,984 | 3.5153 GBP | ||||
10p ordinary | Sale | 5,798 | 3.5176 GBP | ||||
10p ordinary | Sale | 5,601 | 3.5140 GBP | ||||
10p ordinary | Sale | 4,777 | 3.5192 GBP | ||||
10p ordinary | Sale | 4,446 | 3.5150 GBP | ||||
10p ordinary | Sale | 4,200 | 3.5158 GBP | ||||
10p ordinary | Sale | 3,088 | 3.5187 GBP | ||||
10p ordinary | Sale | 2,787 | 3.5143 GBP | ||||
10p ordinary | Sale | 2,728 | 3.5221 GBP | ||||
10p ordinary | Sale | 2,613 | 3.5185 GBP | ||||
10p ordinary | Sale | 1,988 | 3.5047 GBP | ||||
10p ordinary | Sale | 1,677 | 3.5280 GBP | ||||
10p ordinary | Sale | 1,600 | 3.5080 GBP | ||||
10p ordinary | Sale | 1,386 | 3.5130 GBP | ||||
10p ordinary | Sale | 1,373 | 3.5142 GBP | ||||
10p ordinary | Sale | 1,200 | 3.5170 GBP | ||||
10p ordinary | Sale | 1,004 | 3.5120 GBP | ||||
10p ordinary | Sale | 791 | 3.5300 GBP | ||||
10p ordinary | Sale | 578 | 3.5144 GBP | ||||
10p ordinary | Sale | 361 | 3.5190 GBP | ||||
10p ordinary | Sale | 270 | 3.5380 GBP | ||||
10p ordinary | Sale | 218 | 3.5200 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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10p ordinary | SWAP | Closing Long | 15,751 | 3.5217 GBP | |||
10p ordinary | SWAP | Closing Long | 20,078 | 3.5145 GBP | |||
10p ordinary | SWAP | Decreasing Long | 3,784 | 3.5156 GBP | |||
10p ordinary | SWAP | Decreasing Long | 20,098 | 3.5184 GBP | |||
10p ordinary | SWAP | Decreasing Long | 25,148 | 3.5186 GBP | |||
10p ordinary | CFD | Decreasing Short | 325 | 3.5380 GBP | |||
10p ordinary | CFD | Decreasing Short | 422 | 3.5096 GBP | |||
10p ordinary | SWAP | Decreasing Short | 578 | 3.5144 GBP | |||
10p ordinary | SWAP | Decreasing Short | 807 | 3.5160 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,718 | 3.5039 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,613 | 3.5185 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,531 | 3.5135 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,649 | 3.5192 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,159 | 3.5174 GBP | |||
10p ordinary | SWAP | Decreasing Short | 25,115 | 3.5231 GBP | |||
10p ordinary | CFD | Decreasing Short | 50,000 | 3.5117 GBP | |||
10p ordinary | SWAP | Decreasing Short | 104,980 | 3.5171 GBP | |||
10p ordinary | CFD | Decreasing Short | 106,865 | 3.5173 GBP | |||
10p ordinary | CFD | Decreasing Short | 108,263 | 3.5040 GBP | |||
10p ordinary | SWAP | Decreasing Short | 355,034 | 3.5211 GBP | |||
10p ordinary | SWAP | Increasing Long | 5,798 | 3.5176 GBP | |||
10p ordinary | CFD | Increasing Short | 55 | 3.5380 GBP | |||
10p ordinary | CFD | Increasing Short | 144 | 3.5040 GBP | |||
10p ordinary | CFD | Increasing Short | 2,976 | 3.5043 GBP | |||
10p ordinary | CFD | Increasing Short | 3,885 | 3.5190 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,172 | 3.5193 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,380 | 3.5228 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,477 | 3.5201 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,948 | 3.5181 GBP | |||
10p ordinary | SWAP | Increasing Short | 31,405 | 3.5195 GBP | |||
10p ordinary | CFD | Increasing Short | 31,876 | 3.5039 GBP | |||
10p ordinary | SWAP | Increasing Short | 48,944 | 3.5040 GBP | |||
10p ordinary | SWAP | Increasing Short | 56,049 | 3.5157 GBP | |||
10p ordinary | SWAP | Increasing Short | 62,998 | 3.5226 GBP | |||
10p ordinary | SWAP | Increasing Short | 98,308 | 3.5040 GBP | |||
10p ordinary | SWAP | Increasing Short | 100,817 | 3.5059 GBP | |||
10p ordinary | SWAP | Increasing Short | 119,786 | 3.5178 GBP | |||
10p ordinary | SWAP | Increasing Short | 125,112 | 3.5124 GBP | |||
10p ordinary | SWAP | Increasing Short | 128,840 | 3.5160 GBP | |||
10p ordinary | SWAP | Increasing Short | 174,708 | 3.5197 GBP | |||
10p ordinary | CFD | Increasing Short | 186,047 | 3.5214 GBP | |||
10p ordinary | SWAP | Increasing Short | 243,431 | 3.5160 GBP | |||
10p ordinary | SWAP | Opening Long | 78,201 | 3.5125 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 |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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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 | ||||
security |
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4. | OTHER INFORMATION | ||||||
(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 | |||||||
(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 | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 01 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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