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: | 26 Sep 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: |
|
| 33,406,346 | 2.42% | 26,584,469 | 1.93% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 11,130,675 | 0.81% | 31,872,020 | 2.31% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 44,537,021 | 3.23% | 58,456,489 | 4.23% |
(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 | 148,652 | 4.5838 GBP | ||||
10p ordinary | Purchase | 140,566 | 4.5893 GBP | ||||
10p ordinary | Purchase | 53,715 | 4.5840 GBP | ||||
10p ordinary | Purchase | 51,505 | 4.5981 GBP | ||||
10p ordinary | Purchase | 37,124 | 4.5862 GBP | ||||
10p ordinary | Purchase | 25,975 | 4.5848 GBP | ||||
10p ordinary | Purchase | 10,570 | 4.5951 GBP | ||||
10p ordinary | Purchase | 8,288 | 4.5846 GBP | ||||
10p ordinary | Purchase | 8,207 | 4.6027 GBP | ||||
10p ordinary | Purchase | 6,965 | 4.5807 GBP | ||||
10p ordinary | Purchase | 5,412 | 4.5819 GBP | ||||
10p ordinary | Purchase | 4,854 | 4.5851 GBP | ||||
10p ordinary | Purchase | 2,330 | 4.5769 GBP | ||||
10p ordinary | Purchase | 1,883 | 4.5842 GBP | ||||
10p ordinary | Purchase | 1,735 | 4.5955 GBP | ||||
10p ordinary | Purchase | 1,656 | 4.5849 GBP | ||||
10p ordinary | Purchase | 1,614 | 4.5763 GBP | ||||
10p ordinary | Purchase | 714 | 4.6060 GBP | ||||
10p ordinary | Purchase | 625 | 4.6260 GBP | ||||
10p ordinary | Purchase | 598 | 4.6220 GBP | ||||
10p ordinary | Purchase | 598 | 4.5980 GBP | ||||
10p ordinary | Purchase | 32 | 4.5827 GBP | ||||
10p ordinary | Purchase | 15 | 4.5820 GBP | ||||
10p ordinary | Sale | 43,380 | 4.5998 GBP | ||||
10p ordinary | Sale | 25,975 | 4.5848 GBP | ||||
10p ordinary | Sale | 19,775 | 4.5974 GBP | ||||
10p ordinary | Sale | 19,474 | 4.5841 GBP | ||||
10p ordinary | Sale | 17,879 | 4.5842 GBP | ||||
10p ordinary | Sale | 14,801 | 4.5949 GBP | ||||
10p ordinary | Sale | 11,068 | 4.5840 GBP | ||||
10p ordinary | Sale | 4,270 | 4.6058 GBP | ||||
10p ordinary | Sale | 3,451 | 4.5804 GBP | ||||
10p ordinary | Sale | 3,205 | 4.5821 GBP | ||||
10p ordinary | Sale | 2,814 | 4.6045 GBP | ||||
10p ordinary | Sale | 2,804 | 4.5910 GBP | ||||
10p ordinary | Sale | 1,947 | 4.6005 GBP | ||||
10p ordinary | Sale | 1,816 | 4.5751 GBP | ||||
10p ordinary | Sale | 1,815 | 4.5970 GBP | ||||
10p ordinary | Sale | 1,755 | 4.5814 GBP | ||||
10p ordinary | Sale | 1,565 | 4.5739 GBP | ||||
10p ordinary | Sale | 1,356 | 4.5786 GBP | ||||
10p ordinary | Sale | 1,315 | 4.5980 GBP | ||||
10p ordinary | Sale | 634 | 4.5930 GBP | ||||
10p ordinary | Sale | 598 | 4.5940 GBP | ||||
10p ordinary | Sale | 440 | 4.5920 GBP | ||||
10p ordinary | Sale | 159 | 4.6020 GBP | ||||
10p ordinary | Sale | 33 | 4.5820 GBP | ||||
10p ordinary | Sale | 30 | 4.5822 GBP | ||||
10p ordinary | Sale | 13 | 4.5532 GBP | ||||
10p ordinary | Sale | 5 | 4.5620 GBP | ||||
|
|
|
|
|
|
|
|
(b) | Cash-settled derivative transactions |
| |||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
|
| securities |
| |||
10p ordinary | SWAP | Decreasing Short | 1,816 | 4.5751 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,842 | 4.5841 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,804 | 4.5910 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,801 | 4.5949 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,775 | 4.5974 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,315 | 4.5980 GBP | |||
10p ordinary | SWAP | Decreasing Short | 105 | 4.6060 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,614 | 4.5763 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,330 | 4.5769 GBP | |||
10p ordinary | SWAP | Increasing Short | 68,088 | 4.5840 GBP | |||
10p ordinary | SWAP | Increasing Short | 45,992 | 4.5844 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,656 | 4.5849 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,854 | 4.5851 GBP | |||
10p ordinary | SWAP | Increasing Short | 37,124 | 4.5862 GBP | |||
10p ordinary | SWAP | Increasing Short | 140,566 | 4.5893 GBP | |||
10p ordinary | SWAP | Increasing Short | 36,080 | 4.5949 GBP | |||
10p ordinary | SWAP | Increasing Short | 42,747 | 4.5978 GBP | |||
10p ordinary | CFD | Decreasing Short | 13 | 4.5530 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,638 | 4.5784 GBP | |||
10p ordinary | CFD | Decreasing Short | 141 | 4.5839 GBP | |||
10p ordinary | CFD | Increasing Short | 141 | 4.5839 GBP | |||
10p ordinary | CFD | Increasing Short | 25,975 | 4.5848 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: | 27 Sep 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.