![](https://tracker.live.rns-distribution.com/track.live-rns/5259138_d9353a075fe0b610698e373da828b7e4.png)
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: | 08 Jul 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: | | | 35,831,977 | 2.60% | 21,719,409 | 1.57% |
(2) | Cash-settled derivatives: | | | | | ||
| and/or controlled: | | | 8,226,059 | 0.60% | 35,127,734 | 2.55% |
(3) | Stock-settled derivatives (including options) | | | | | ||
| and agreements to purchase/sell: | | | 0 | 0.00% | 0 | 0.00% |
| | | | | | | |
| TOTAL: | | | 44,058,036 | 3.19% | 56,847,143 | 4.12% |
(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 | 353,410 | 4.1702 GBP | ||||
10p ordinary | Purchase | 274,682 | 4.1719 GBP | ||||
10p ordinary | Purchase | 262,910 | 4.1592 GBP | ||||
10p ordinary | Purchase | 188,001 | 4.1732 GBP | ||||
10p ordinary | Purchase | 185,821 | 4.1740 GBP | ||||
10p ordinary | Purchase | 180,929 | 4.1535 GBP | ||||
10p ordinary | Purchase | 110,401 | 4.1575 GBP | ||||
10p ordinary | Purchase | 108,181 | 4.1528 GBP | ||||
10p ordinary | Purchase | 73,686 | 4.1544 GBP | ||||
10p ordinary | Purchase | 64,299 | 4.1737 GBP | ||||
10p ordinary | Purchase | 48,700 | 4.1584 GBP | ||||
10p ordinary | Purchase | 44,744 | 4.1509 GBP | ||||
10p ordinary | Purchase | 20,576 | 4.1602 GBP | ||||
10p ordinary | Purchase | 18,924 | 4.1582 GBP | ||||
10p ordinary | Purchase | 12,105 | 4.1545 GBP | ||||
10p ordinary | Purchase | 7,940 | 4.1506 GBP | ||||
10p ordinary | Purchase | 7,372 | 4.1622 GBP | ||||
10p ordinary | Purchase | 5,624 | 4.1520 GBP | ||||
10p ordinary | Purchase | 4,549 | 4.1500 GBP | ||||
10p ordinary | Purchase | 4,498 | 4.1534 GBP | ||||
10p ordinary | Purchase | 3,632 | 4.1515 GBP | ||||
10p ordinary | Purchase | 3,564 | 4.1530 GBP | ||||
10p ordinary | Purchase | 3,561 | 4.1537 GBP | ||||
10p ordinary | Purchase | 3,040 | 4.1581 GBP | ||||
10p ordinary | Purchase | 3,028 | 4.1503 GBP | ||||
10p ordinary | Purchase | 1,776 | 4.1608 GBP | ||||
10p ordinary | Purchase | 1,680 | 4.1539 GBP | ||||
10p ordinary | Purchase | 1,398 | 4.1440 GBP | ||||
10p ordinary | Purchase | 1,303 | 4.1560 GBP | ||||
10p ordinary | Purchase | 1,003 | 4.1447 GBP | ||||
10p ordinary | Purchase | 977 | 4.1505 GBP | ||||
10p ordinary | Purchase | 897 | 4.1460 GBP | ||||
10p ordinary | Purchase | 763 | 4.1420 GBP | ||||
10p ordinary | Purchase | 726 | 4.1660 GBP | ||||
10p ordinary | Purchase | 463 | 4.1580 GBP | ||||
10p ordinary | Purchase | 144 | 4.1479 GBP | ||||
10p ordinary | Purchase | 97 | 4.1437 GBP | ||||
10p ordinary | Purchase | 3 | 4.1540 GBP | ||||
10p ordinary | Sale | 416,300 | 4.1697 GBP | ||||
10p ordinary | Sale | 231,512 | 4.1740 GBP | ||||
10p ordinary | Sale | 204,431 | 4.1635 GBP | ||||
10p ordinary | Sale | 83,434 | 4.1542 GBP | ||||
10p ordinary | Sale | 60,694 | 4.1746 GBP | ||||
10p ordinary | Sale | 52,422 | 4.1548 GBP | ||||
10p ordinary | Sale | 18,476 | 4.1555 GBP | ||||
10p ordinary | Sale | 16,664 | 4.1599 GBP | ||||
10p ordinary | Sale | 13,001 | 4.1619 GBP | ||||
10p ordinary | Sale | 6,161 | 4.1502 GBP | ||||
10p ordinary | Sale | 5,827 | 4.1500 GBP | ||||
10p ordinary | Sale | 5,711 | 4.1581 GBP | ||||
10p ordinary | Sale | 4,319 | 4.1522 GBP | ||||
10p ordinary | Sale | 4,308 | 4.1595 GBP | ||||
10p ordinary | Sale | 4,237 | 4.1533 GBP | ||||
10p ordinary | Sale | 3,857 | 4.1577 GBP | ||||
10p ordinary | Sale | 2,917 | 4.1505 GBP | ||||
10p ordinary | Sale | 2,371 | 4.1504 GBP | ||||
10p ordinary | Sale | 2,235 | 4.1574 GBP | ||||
10p ordinary | Sale | 1,675 | 4.1580 GBP | ||||
10p ordinary | Sale | 1,615 | 4.1560 GBP | ||||
10p ordinary | Sale | 1,519 | 4.1520 GBP | ||||
10p ordinary | Sale | 1,479 | 4.1610 GBP | ||||
10p ordinary | Sale | 1,191 | 4.1485 GBP | ||||
10p ordinary | Sale | 897 | 4.1517 GBP | ||||
10p ordinary | Sale | 763 | 4.1420 GBP | ||||
10p ordinary | Sale | 726 | 4.1660 GBP | ||||
10p ordinary | Sale | 683 | 4.1440 GBP | ||||
10p ordinary | Sale | 145 | 4.1484 GBP | ||||
10p ordinary | Sale | 13 | 4.1444 GBP | ||||
10p ordinary | Sale | 3 | 4.1544 GBP | ||||
| | | | | | | |
(b) | Cash-settled derivative transactions | | |||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | | reference | unit | |||
security | | | securities | | |||
10p ordinary | CFD | Increasing Long | 2,672 | 4.1591 GBP | |||
10p ordinary | CFD | Increasing Long | 726 | 4.1660 GBP | |||
10p ordinary | CFD | Increasing Long | 926 | 4.1739 GBP | |||
10p ordinary | CFD | Decreasing Long | 45,536 | 4.1547 GBP | |||
10p ordinary | CFD | Decreasing Long | 926 | 4.1739 GBP | |||
10p ordinary | CFD | Decreasing Long | 112,362 | 4.1740 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,304 | 4.1596 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,700 | 4.1427 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,191 | 4.1485 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,499 | 4.1522 GBP | |||
10p ordinary | SWAP | Decreasing Short | 83,434 | 4.1542 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,221 | 4.1555 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,235 | 4.1574 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,020 | 4.1506 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,564 | 4.1530 GBP | |||
10p ordinary | SWAP | Increasing Short | 180,929 | 4.1535 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,040 | 4.1581 GBP | |||
10p ordinary | SWAP | Increasing Short | 75,000 | 4.1592 GBP | |||
10p ordinary | SWAP | Increasing Short | 24,106 | 4.1727 GBP | |||
10p ordinary | SWAP | Increasing Short | 94,145 | 4.1739 GBP | |||
10p ordinary | SWAP | Increasing Long | 5,711 | 4.1581 GBP | |||
10p ordinary | SWAP | Decreasing Long | 7,151 | 4.1621 GBP | |||
10p ordinary | SWAP | Decreasing Long | 221 | 4.1640 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,212 | 4.1580 GBP | |||
10p ordinary | SWAP | Increasing Short | 110,401 | 4.1575 GBP | |||
10p ordinary | SWAP | Increasing Short | 175,000 | 4.1592 GBP | |||
10p ordinary | SWAP | Increasing Short | 76,801 | 4.1740 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: | 09 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
| | | | | | | |
| | | | | | | |
| | | | | | | |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.