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: | 03 Sep 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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| 32,961,228 | 2.39% | 28,489,686 | 2.06% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,169,303 | 0.81% | 32,700,655 | 2.37% |
(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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| 44,130,531 | 3.20% | 61,190,341 | 4.43% |
(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 | 450,940 | 4.7363 GBP | ||||
10p ordinary | Purchase | 90,459 | 4.7277 GBP | ||||
10p ordinary | Purchase | 61,977 | 4.7394 GBP | ||||
10p ordinary | Purchase | 57,228 | 4.7288 GBP | ||||
10p ordinary | Purchase | 38,136 | 4.7231 GBP | ||||
10p ordinary | Purchase | 32,800 | 4.7213 GBP | ||||
10p ordinary | Purchase | 25,000 | 4.7229 GBP | ||||
10p ordinary | Purchase | 24,699 | 4.7240 GBP | ||||
10p ordinary | Purchase | 23,648 | 4.7152 GBP | ||||
10p ordinary | Purchase | 18,765 | 4.7401 GBP | ||||
10p ordinary | Purchase | 13,141 | 4.7400 GBP | ||||
10p ordinary | Purchase | 12,136 | 4.7220 GBP | ||||
10p ordinary | Purchase | 11,849 | 4.7228 GBP | ||||
10p ordinary | Purchase | 6,668 | 4.7365 GBP | ||||
10p ordinary | Purchase | 3,522 | 4.7276 GBP | ||||
10p ordinary | Purchase | 3,269 | 4.7262 GBP | ||||
10p ordinary | Purchase | 2,529 | 4.7450 GBP | ||||
10p ordinary | Purchase | 2,410 | 4.7327 GBP | ||||
10p ordinary | Purchase | 2,406 | 4.7539 GBP | ||||
10p ordinary | Purchase | 1,424 | 4.7160 GBP | ||||
10p ordinary | Purchase | 1,422 | 4.7338 GBP | ||||
10p ordinary | Purchase | 1,276 | 4.7226 GBP | ||||
10p ordinary | Purchase | 1,207 | 4.7300 GBP | ||||
10p ordinary | Purchase | 970 | 4.7420 GBP | ||||
10p ordinary | Purchase | 920 | 4.7080 GBP | ||||
10p ordinary | Purchase | 842 | 4.7180 GBP | ||||
10p ordinary | Purchase | 761 | 4.7280 GBP | ||||
10p ordinary | Purchase | 648 | 4.7360 GBP | ||||
10p ordinary | Purchase | 581 | 4.7293 GBP | ||||
10p ordinary | Purchase | 338 | 4.7380 GBP | ||||
10p ordinary | Purchase | 88 | 4.7260 GBP | ||||
10p ordinary | Purchase | 62 | 4.7367 GBP | ||||
10p ordinary | Purchase | 6 | 4.7316 GBP | ||||
10p ordinary | Sale | 323,102 | 4.7335 GBP | ||||
10p ordinary | Sale | 110,832 | 4.7400 GBP | ||||
10p ordinary | Sale | 96,975 | 4.7405 GBP | ||||
10p ordinary | Sale | 88,249 | 4.7385 GBP | ||||
10p ordinary | Sale | 63,032 | 4.7236 GBP | ||||
10p ordinary | Sale | 60,345 | 4.7260 GBP | ||||
10p ordinary | Sale | 55,607 | 4.7235 GBP | ||||
10p ordinary | Sale | 42,037 | 4.6472 GBP | ||||
10p ordinary | Sale | 33,515 | 4.7234 GBP | ||||
10p ordinary | Sale | 29,533 | 4.7383 GBP | ||||
10p ordinary | Sale | 22,253 | 4.7230 GBP | ||||
10p ordinary | Sale | 20,031 | 4.7197 GBP | ||||
10p ordinary | Sale | 17,235 | 4.7132 GBP | ||||
10p ordinary | Sale | 11,402 | 4.7240 GBP | ||||
10p ordinary | Sale | 10,903 | 4.7271 GBP | ||||
10p ordinary | Sale | 8,393 | 4.7242 GBP | ||||
10p ordinary | Sale | 4,955 | 4.7217 GBP | ||||
10p ordinary | Sale | 4,408 | 4.7167 GBP | ||||
10p ordinary | Sale | 3,462 | 4.7198 GBP | ||||
10p ordinary | Sale | 3,059 | 4.7251 GBP | ||||
10p ordinary | Sale | 2,406 | 4.7540 GBP | ||||
10p ordinary | Sale | 1,957 | 4.7216 GBP | ||||
10p ordinary | Sale | 1,515 | 4.7060 GBP | ||||
10p ordinary | Sale | 1,406 | 4.7284 GBP | ||||
10p ordinary | Sale | 1,400 | 4.7343 GBP | ||||
10p ordinary | Sale | 1,295 | 4.7130 GBP | ||||
10p ordinary | Sale | 1,207 | 4.7300 GBP | ||||
10p ordinary | Sale | 842 | 4.7180 GBP | ||||
10p ordinary | Sale | 761 | 4.7280 GBP | ||||
10p ordinary | Sale | 648 | 4.7360 GBP | ||||
10p ordinary | Sale | 545 | 4.7215 GBP | ||||
10p ordinary | Sale | 338 | 4.7380 GBP | ||||
10p ordinary | Sale | 238 | 4.7100 GBP | ||||
10p ordinary | Sale | 3 | 4.7326 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 | Decreasing Short | 42,037 | 4.6472 GBP | |||
10p ordinary | SWAP | Decreasing Short | 20,031 | 4.7197 GBP | |||
10p ordinary | SWAP | Decreasing Short | 22,253 | 4.7230 GBP | |||
10p ordinary | SWAP | Decreasing Short | 20,204 | 4.7233 GBP | |||
10p ordinary | SWAP | Decreasing Short | 55,607 | 4.7235 GBP | |||
10p ordinary | SWAP | Decreasing Short | 63,032 | 4.7236 GBP | |||
10p ordinary | SWAP | Decreasing Short | 28,096 | 4.7247 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,406 | 4.7284 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,896 | 4.7337 GBP | |||
10p ordinary | SWAP | Decreasing Short | 32,334 | 4.7363 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29,533 | 4.7383 GBP | |||
10p ordinary | SWAP | Decreasing Short | 49,465 | 4.7400 GBP | |||
10p ordinary | SWAP | Increasing Short | 451 | 4.7020 GBP | |||
10p ordinary | SWAP | Increasing Short | 9,913 | 4.7211 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,849 | 4.7228 GBP | |||
10p ordinary | SWAP | Increasing Short | 36,314 | 4.7229 GBP | |||
10p ordinary | SWAP | Increasing Short | 88 | 4.7260 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,269 | 4.7262 GBP | |||
10p ordinary | SWAP | Increasing Short | 581 | 4.7293 GBP | |||
10p ordinary | SWAP | Increasing Short | 236,368 | 4.7297 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,777 | 4.7381 GBP | |||
10p ordinary | CFD | Decreasing Short | 68 | 4.7231 GBP | |||
10p ordinary | CFD | Decreasing Short | 227 | 4.7400 GBP | |||
10p ordinary | CFD | Increasing Short | 62 | 4.7367 GBP | |||
10p ordinary | CFD | Increasing Short | 6,159 | 4.7400 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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| paid/ |
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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| relates |
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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: | 04 Sep 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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