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: | 17 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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| 32,364,545 | 2.34% | 29,043,459 | 2.10% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,315,465 | 0.82% | 31,899,864 | 2.31% |
(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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| 43,680,010 | 3.16% | 60,943,323 | 4.42% |
(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 | 449,500 | 4.7951 GBP | ||||
10p ordinary | Purchase | 122,757 | 4.7866 GBP | ||||
10p ordinary | Purchase | 103,389 | 4.7840 GBP | ||||
10p ordinary | Purchase | 73,429 | 4.7892 GBP | ||||
10p ordinary | Purchase | 56,802 | 4.8084 GBP | ||||
10p ordinary | Purchase | 53,028 | 4.8324 GBP | ||||
10p ordinary | Purchase | 42,494 | 4.8074 GBP | ||||
10p ordinary | Purchase | 30,885 | 4.8088 GBP | ||||
10p ordinary | Purchase | 21,577 | 4.7009 GBP | ||||
10p ordinary | Purchase | 15,000 | 4.8143 GBP | ||||
10p ordinary | Purchase | 13,930 | 4.7837 GBP | ||||
10p ordinary | Purchase | 12,809 | 4.8156 GBP | ||||
10p ordinary | Purchase | 7,133 | 4.8020 GBP | ||||
10p ordinary | Purchase | 5,842 | 4.7847 GBP | ||||
10p ordinary | Purchase | 5,343 | 4.8037 GBP | ||||
10p ordinary | Purchase | 4,914 | 4.7886 GBP | ||||
10p ordinary | Purchase | 2,868 | 4.7977 GBP | ||||
10p ordinary | Purchase | 1,971 | 4.8071 GBP | ||||
10p ordinary | Purchase | 707 | 4.7960 GBP | ||||
10p ordinary | Purchase | 669 | 4.8260 GBP | ||||
10p ordinary | Purchase | 653 | 4.8258 GBP | ||||
10p ordinary | Sale | 529,155 | 4.8040 GBP | ||||
10p ordinary | Sale | 200,000 | 4.8115 GBP | ||||
10p ordinary | Sale | 157,071 | 4.8206 GBP | ||||
10p ordinary | Sale | 109,708 | 4.8035 GBP | ||||
10p ordinary | Sale | 86,937 | 4.8072 GBP | ||||
10p ordinary | Sale | 83,420 | 4.8004 GBP | ||||
10p ordinary | Sale | 78,110 | 4.7840 GBP | ||||
10p ordinary | Sale | 76,602 | 4.8007 GBP | ||||
10p ordinary | Sale | 68,754 | 4.7954 GBP | ||||
10p ordinary | Sale | 42,736 | 4.8177 GBP | ||||
10p ordinary | Sale | 38,131 | 4.7839 GBP | ||||
10p ordinary | Sale | 28,913 | 4.7670 GBP | ||||
10p ordinary | Sale | 27,564 | 4.7841 GBP | ||||
10p ordinary | Sale | 25,610 | 4.8047 GBP | ||||
10p ordinary | Sale | 22,991 | 4.7998 GBP | ||||
10p ordinary | Sale | 21,054 | 4.8045 GBP | ||||
10p ordinary | Sale | 16,079 | 4.8013 GBP | ||||
10p ordinary | Sale | 11,370 | 4.8030 GBP | ||||
10p ordinary | Sale | 10,533 | 4.8071 GBP | ||||
10p ordinary | Sale | 6,162 | 4.7987 GBP | ||||
10p ordinary | Sale | 4,312 | 4.7755 GBP | ||||
10p ordinary | Sale | 4,181 | 4.8100 GBP | ||||
10p ordinary | Sale | 2,145 | 4.7876 GBP | ||||
10p ordinary | Sale | 1,191 | 4.7666 GBP | ||||
10p ordinary | Sale | 1,183 | 4.7873 GBP | ||||
10p ordinary | Sale | 707 | 4.7960 GBP | ||||
10p ordinary | Sale | 653 | 4.8263 GBP | ||||
10p ordinary | Sale | 601 | 4.7780 GBP | ||||
10p ordinary | Sale | 405 | 4.8240 GBP | ||||
10p ordinary | Sale | 298 | 4.7760 GBP | ||||
10p ordinary | Sale | 194 | 4.8330 GBP | ||||
10p ordinary | Sale | 78 | 4.7842 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 | 1,191 | 4.7666 GBP | |||
10p ordinary | SWAP | Decreasing Short | 28,913 | 4.7670 GBP | |||
10p ordinary | SWAP | Decreasing Short | 21,415 | 4.7817 GBP | |||
10p ordinary | SWAP | Decreasing Short | 13,658 | 4.7839 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,183 | 4.7873 GBP | |||
10p ordinary | SWAP | Decreasing Short | 83,420 | 4.8004 GBP | |||
10p ordinary | SWAP | Decreasing Short | 76,602 | 4.8007 GBP | |||
10p ordinary | SWAP | Decreasing Short | 66,208 | 4.8023 GBP | |||
10p ordinary | SWAP | Decreasing Short | 528,875 | 4.8040 GBP | |||
10p ordinary | SWAP | Decreasing Short | 91,090 | 4.8043 GBP | |||
10p ordinary | SWAP | Decreasing Short | 86,937 | 4.8072 GBP | |||
10p ordinary | SWAP | Decreasing Short | 200,000 | 4.8115 GBP | |||
10p ordinary | SWAP | Decreasing Short | 42,736 | 4.8177 GBP | |||
10p ordinary | SWAP | Decreasing Short | 157,071 | 4.8206 GBP | |||
10p ordinary | SWAP | Increasing Short | 18,787 | 4.7840 GBP | |||
10p ordinary | SWAP | Increasing Short | 32,180 | 4.7841 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,842 | 4.7847 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,914 | 4.7886 GBP | |||
10p ordinary | SWAP | Increasing Short | 73,429 | 4.7892 GBP | |||
10p ordinary | SWAP | Increasing Short | 707 | 4.7960 GBP | |||
10p ordinary | SWAP | Increasing Short | 299,433 | 4.7979 GBP | |||
10p ordinary | SWAP | Increasing Short | 235,537 | 4.8015 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,971 | 4.8071 GBP | |||
10p ordinary | SWAP | Increasing Short | 53,028 | 4.8324 GBP | |||
10p ordinary | CFD | Decreasing Short | 871 | 4.7839 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,026 | 4.7946 GBP | |||
10p ordinary | CFD | Decreasing Short | 280 | 4.8037 GBP | |||
10p ordinary | CFD | Increasing Short | 871 | 4.7839 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,577 | 4.7010 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,000 | 4.8143 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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| 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: | 18 Sep 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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