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: | 10 Oct 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: |
|
| 29,072,549 | 2.10% | 25,524,896 | 1.85% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 11,709,750 | 0.85% | 27,862,674 | 2.02% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 40,782,299 | 2.95% | 53,387,570 | 3.87% |
(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 | 660,387 | 4.5685 GBP | ||||
10p ordinary | Purchase | 327,983 | 4.5666 GBP | ||||
10p ordinary | Purchase | 200,000 | 4.5532 GBP | ||||
10p ordinary | Purchase | 149,116 | 4.5509 GBP | ||||
10p ordinary | Purchase | 63,439 | 4.5680 GBP | ||||
10p ordinary | Purchase | 60,614 | 4.5606 GBP | ||||
10p ordinary | Purchase | 59,398 | 4.5674 GBP | ||||
10p ordinary | Purchase | 47,081 | 4.5541 GBP | ||||
10p ordinary | Purchase | 29,629 | 4.5540 GBP | ||||
10p ordinary | Purchase | 27,660 | 4.5646 GBP | ||||
10p ordinary | Purchase | 26,402 | 4.5615 GBP | ||||
10p ordinary | Purchase | 20,031 | 4.5507 GBP | ||||
10p ordinary | Purchase | 18,110 | 4.5568 GBP | ||||
10p ordinary | Purchase | 17,588 | 4.5491 GBP | ||||
10p ordinary | Purchase | 16,773 | 4.5639 GBP | ||||
10p ordinary | Purchase | 10,685 | 4.5569 GBP | ||||
10p ordinary | Purchase | 10,373 | 4.5607 GBP | ||||
10p ordinary | Purchase | 10,232 | 4.5577 GBP | ||||
10p ordinary | Purchase | 9,883 | 4.5592 GBP | ||||
10p ordinary | Purchase | 8,768 | 4.5689 GBP | ||||
10p ordinary | Purchase | 8,083 | 4.5632 GBP | ||||
10p ordinary | Purchase | 7,761 | 4.5618 GBP | ||||
10p ordinary | Purchase | 7,015 | 4.5640 GBP | ||||
10p ordinary | Purchase | 6,979 | 4.5505 GBP | ||||
10p ordinary | Purchase | 5,843 | 4.5513 GBP | ||||
10p ordinary | Purchase | 4,977 | 4.5687 GBP | ||||
10p ordinary | Purchase | 4,478 | 4.5563 GBP | ||||
10p ordinary | Purchase | 3,291 | 4.5591 GBP | ||||
10p ordinary | Purchase | 2,755 | 4.5461 GBP | ||||
10p ordinary | Purchase | 2,673 | 4.5636 GBP | ||||
10p ordinary | Purchase | 2,282 | 4.5700 GBP | ||||
10p ordinary | Purchase | 2,282 | 4.5698 GBP | ||||
10p ordinary | Purchase | 1,943 | 4.5682 GBP | ||||
10p ordinary | Purchase | 1,925 | 4.5441 GBP | ||||
10p ordinary | Purchase | 1,248 | 4.5556 GBP | ||||
10p ordinary | Purchase | 730 | 4.5660 GBP | ||||
10p ordinary | Purchase | 698 | 4.5320 GBP | ||||
10p ordinary | Purchase | 546 | 4.5360 GBP | ||||
10p ordinary | Purchase | 504 | 4.5720 GBP | ||||
10p ordinary | Purchase | 468 | 4.5380 GBP | ||||
10p ordinary | Purchase | 425 | 4.5740 GBP | ||||
10p ordinary | Purchase | 408 | 4.5472 GBP | ||||
10p ordinary | Sale | 485,191 | 4.5670 GBP | ||||
10p ordinary | Sale | 431,477 | 4.5581 GBP | ||||
10p ordinary | Sale | 207,331 | 4.5657 GBP | ||||
10p ordinary | Sale | 187,877 | 4.5680 GBP | ||||
10p ordinary | Sale | 118,574 | 4.5684 GBP | ||||
10p ordinary | Sale | 100,161 | 4.5674 GBP | ||||
10p ordinary | Sale | 98,513 | 4.5614 GBP | ||||
10p ordinary | Sale | 74,332 | 4.5515 GBP | ||||
10p ordinary | Sale | 42,707 | 4.5507 GBP | ||||
10p ordinary | Sale | 35,434 | 4.5578 GBP | ||||
10p ordinary | Sale | 26,697 | 4.5603 GBP | ||||
10p ordinary | Sale | 26,330 | 4.5467 GBP | ||||
10p ordinary | Sale | 15,707 | 4.5497 GBP | ||||
10p ordinary | Sale | 14,085 | 4.5540 GBP | ||||
10p ordinary | Sale | 10,934 | 4.5652 GBP | ||||
10p ordinary | Sale | 10,422 | 4.5627 GBP | ||||
10p ordinary | Sale | 10,147 | 4.5492 GBP | ||||
10p ordinary | Sale | 9,424 | 4.5658 GBP | ||||
10p ordinary | Sale | 9,411 | 4.5448 GBP | ||||
10p ordinary | Sale | 6,810 | 4.5584 GBP | ||||
10p ordinary | Sale | 6,439 | 4.5547 GBP | ||||
10p ordinary | Sale | 6,119 | 4.5653 GBP | ||||
10p ordinary | Sale | 5,000 | 4.5542 GBP | ||||
10p ordinary | Sale | 4,375 | 4.5517 GBP | ||||
10p ordinary | Sale | 4,151 | 4.5446 GBP | ||||
10p ordinary | Sale | 3,637 | 4.5634 GBP | ||||
10p ordinary | Sale | 3,618 | 4.5500 GBP | ||||
10p ordinary | Sale | 3,544 | 4.5544 GBP | ||||
10p ordinary | Sale | 3,445 | 4.5479 GBP | ||||
10p ordinary | Sale | 3,209 | 4.5386 GBP | ||||
10p ordinary | Sale | 2,755 | 4.5461 GBP | ||||
10p ordinary | Sale | 2,282 | 4.5700 GBP | ||||
10p ordinary | Sale | 1,144 | 4.5600 GBP | ||||
10p ordinary | Sale | 1,095 | 4.5509 GBP | ||||
10p ordinary | Sale | 934 | 4.5633 GBP | ||||
10p ordinary | Sale | 698 | 4.5320 GBP | ||||
10p ordinary | Sale | 607 | 4.5560 GBP | ||||
10p ordinary | Sale | 546 | 4.5360 GBP | ||||
10p ordinary | Sale | 505 | 4.5719 GBP | ||||
10p ordinary | Sale | 468 | 4.5380 GBP | ||||
10p ordinary | Sale | 427 | 4.5628 GBP | ||||
10p ordinary | Sale | 425 | 4.5740 GBP | ||||
10p ordinary | Sale | 391 | 4.5440 GBP | ||||
10p ordinary | Sale | 370 | 4.5480 GBP | ||||
10p ordinary | Sale | 309 | 4.5520 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 | 391 | 4.5440 GBP | |||
10p ordinary | SWAP | Decreasing Short | 26,330 | 4.5467 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,375 | 4.5517 GBP | |||
10p ordinary | SWAP | Decreasing Short | 724 | 4.5520 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,934 | 4.5652 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,119 | 4.5653 GBP | |||
10p ordinary | SWAP | Decreasing Short | 9,424 | 4.5658 GBP | |||
10p ordinary | SWAP | Decreasing Short | 485,191 | 4.5670 GBP | |||
10p ordinary | SWAP | Decreasing Short | 149,340 | 4.5673 GBP | |||
10p ordinary | SWAP | Decreasing Short | 40,763 | 4.5674 GBP | |||
10p ordinary | SWAP | Decreasing Short | 160,548 | 4.5680 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,925 | 4.5441 GBP | |||
10p ordinary | SWAP | Increasing Short | 149,116 | 4.5509 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,843 | 4.5513 GBP | |||
10p ordinary | SWAP | Increasing Short | 18,249 | 4.5523 GBP | |||
10p ordinary | SWAP | Increasing Short | 47,081 | 4.5541 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,097 | 4.5582 GBP | |||
10p ordinary | SWAP | Increasing Short | 102,819 | 4.5640 GBP | |||
10p ordinary | SWAP | Increasing Short | 136,744 | 4.5652 GBP | |||
10p ordinary | SWAP | Increasing Short | 730 | 4.5660 GBP | |||
10p ordinary | SWAP | Increasing Short | 660,387 | 4.5685 GBP | |||
10p ordinary | SWAP | Increasing Short | 452 | 4.5760 GBP | |||
10p ordinary | CFD | Decreasing Short | 223,011 | 4.5495 GBP | |||
10p ordinary | CFD | Decreasing Short | 12,492 | 4.5555 GBP | |||
10p ordinary | CFD | Decreasing Short | 100,000 | 4.5610 GBP | |||
10p ordinary | CFD | Decreasing Short | 27,179 | 4.5680 GBP | |||
10p ordinary | CFD | Increasing Short | 287 | 4.5680 GBP | |||
10p ordinary | CFD | Increasing Short | 425 | 4.5740 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: | 11 Oct 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.