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: | 16 Oct 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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| 26,034,468 | 1.88% | 25,616,313 | 1.86% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 11,834,101 | 0.86% | 25,177,254 | 1.82% |
(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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| 37,868,569 | 2.74% | 50,793,567 | 3.68% |
(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 | 444,080 | 4.6747 GBP | ||||
10p ordinary | Purchase | 329,898 | 4.6833 GBP | ||||
10p ordinary | Purchase | 102,284 | 4.6811 GBP | ||||
10p ordinary | Purchase | 94,806 | 4.6894 GBP | ||||
10p ordinary | Purchase | 84,829 | 4.6608 GBP | ||||
10p ordinary | Purchase | 63,744 | 4.6835 GBP | ||||
10p ordinary | Purchase | 62,439 | 4.6540 GBP | ||||
10p ordinary | Purchase | 45,499 | 4.6840 GBP | ||||
10p ordinary | Purchase | 16,914 | 4.6631 GBP | ||||
10p ordinary | Purchase | 16,051 | 4.6669 GBP | ||||
10p ordinary | Purchase | 8,863 | 4.6440 GBP | ||||
10p ordinary | Purchase | 8,853 | 4.6555 GBP | ||||
10p ordinary | Purchase | 7,767 | 4.6676 GBP | ||||
10p ordinary | Purchase | 7,609 | 4.6594 GBP | ||||
10p ordinary | Purchase | 4,923 | 4.6741 GBP | ||||
10p ordinary | Purchase | 4,807 | 4.6697 GBP | ||||
10p ordinary | Purchase | 4,769 | 4.6508 GBP | ||||
10p ordinary | Purchase | 4,761 | 4.6720 GBP | ||||
10p ordinary | Purchase | 4,490 | 4.6740 GBP | ||||
10p ordinary | Purchase | 4,447 | 4.6786 GBP | ||||
10p ordinary | Purchase | 4,258 | 4.6435 GBP | ||||
10p ordinary | Purchase | 4,161 | 4.6624 GBP | ||||
10p ordinary | Purchase | 4,056 | 4.6698 GBP | ||||
10p ordinary | Purchase | 3,970 | 4.6954 GBP | ||||
10p ordinary | Purchase | 3,797 | 4.6380 GBP | ||||
10p ordinary | Purchase | 3,265 | 4.6580 GBP | ||||
10p ordinary | Purchase | 3,198 | 4.6344 GBP | ||||
10p ordinary | Purchase | 2,816 | 4.6448 GBP | ||||
10p ordinary | Purchase | 2,583 | 4.6655 GBP | ||||
10p ordinary | Purchase | 2,326 | 4.6600 GBP | ||||
10p ordinary | Purchase | 2,278 | 4.6780 GBP | ||||
10p ordinary | Purchase | 1,954 | 4.6700 GBP | ||||
10p ordinary | Purchase | 1,898 | 4.6400 GBP | ||||
10p ordinary | Purchase | 1,700 | 4.6873 GBP | ||||
10p ordinary | Purchase | 1,668 | 4.6710 GBP | ||||
10p ordinary | Purchase | 1,362 | 4.6660 GBP | ||||
10p ordinary | Purchase | 1,326 | 4.6543 GBP | ||||
10p ordinary | Purchase | 1,263 | 4.6680 GBP | ||||
10p ordinary | Purchase | 1,224 | 4.6953 GBP | ||||
10p ordinary | Purchase | 1,020 | 4.6572 GBP | ||||
10p ordinary | Purchase | 828 | 4.6728 GBP | ||||
10p ordinary | Purchase | 679 | 4.6500 GBP | ||||
10p ordinary | Purchase | 622 | 4.6340 GBP | ||||
10p ordinary | Purchase | 607 | 4.7020 GBP | ||||
10p ordinary | Purchase | 332 | 4.6475 GBP | ||||
10p ordinary | Purchase | 135 | 4.6915 GBP | ||||
10p ordinary | Purchase | 39 | 4.6460 GBP | ||||
10p ordinary | Sale | 370,729 | 4.6824 GBP | ||||
10p ordinary | Sale | 361,124 | 4.6601 GBP | ||||
10p ordinary | Sale | 262,743 | 4.6840 GBP | ||||
10p ordinary | Sale | 167,069 | 4.6804 GBP | ||||
10p ordinary | Sale | 128,824 | 4.6879 GBP | ||||
10p ordinary | Sale | 111,728 | 4.6700 GBP | ||||
10p ordinary | Sale | 98,429 | 4.6793 GBP | ||||
10p ordinary | Sale | 94,272 | 4.6637 GBP | ||||
10p ordinary | Sale | 81,901 | 4.6842 GBP | ||||
10p ordinary | Sale | 63,744 | 4.6835 GBP | ||||
10p ordinary | Sale | 62,747 | 4.6848 GBP | ||||
10p ordinary | Sale | 58,882 | 4.6881 GBP | ||||
10p ordinary | Sale | 53,389 | 4.6830 GBP | ||||
10p ordinary | Sale | 34,309 | 4.6771 GBP | ||||
10p ordinary | Sale | 32,534 | 4.6738 GBP | ||||
10p ordinary | Sale | 32,412 | 4.6964 GBP | ||||
10p ordinary | Sale | 29,343 | 4.6818 GBP | ||||
10p ordinary | Sale | 28,954 | 4.6900 GBP | ||||
10p ordinary | Sale | 26,933 | 4.6870 GBP | ||||
10p ordinary | Sale | 14,774 | 4.6530 GBP | ||||
10p ordinary | Sale | 12,482 | 4.6492 GBP | ||||
10p ordinary | Sale | 12,443 | 4.6772 GBP | ||||
10p ordinary | Sale | 12,207 | 4.6767 GBP | ||||
10p ordinary | Sale | 6,962 | 4.6440 GBP | ||||
10p ordinary | Sale | 6,817 | 4.6945 GBP | ||||
10p ordinary | Sale | 5,526 | 4.6380 GBP | ||||
10p ordinary | Sale | 5,086 | 4.6839 GBP | ||||
10p ordinary | Sale | 4,804 | 4.6718 GBP | ||||
10p ordinary | Sale | 4,769 | 4.6508 GBP | ||||
10p ordinary | Sale | 4,302 | 4.6923 GBP | ||||
10p ordinary | Sale | 4,258 | 4.6435 GBP | ||||
10p ordinary | Sale | 4,129 | 4.6740 GBP | ||||
10p ordinary | Sale | 3,983 | 4.6720 GBP | ||||
10p ordinary | Sale | 3,571 | 4.6716 GBP | ||||
10p ordinary | Sale | 3,404 | 4.6766 GBP | ||||
10p ordinary | Sale | 3,322 | 4.6344 GBP | ||||
10p ordinary | Sale | 3,265 | 4.6580 GBP | ||||
10p ordinary | Sale | 3,056 | 4.7050 GBP | ||||
10p ordinary | Sale | 2,862 | 4.6660 GBP | ||||
10p ordinary | Sale | 2,583 | 4.6655 GBP | ||||
10p ordinary | Sale | 2,326 | 4.6600 GBP | ||||
10p ordinary | Sale | 2,147 | 4.6743 GBP | ||||
10p ordinary | Sale | 2,075 | 4.6880 GBP | ||||
10p ordinary | Sale | 2,061 | 4.6724 GBP | ||||
10p ordinary | Sale | 2,020 | 4.6693 GBP | ||||
10p ordinary | Sale | 1,980 | 4.6400 GBP | ||||
10p ordinary | Sale | 1,960 | 4.6604 GBP | ||||
10p ordinary | Sale | 1,798 | 4.6939 GBP | ||||
10p ordinary | Sale | 1,730 | 4.6814 GBP | ||||
10p ordinary | Sale | 1,367 | 4.6902 GBP | ||||
10p ordinary | Sale | 1,326 | 4.6543 GBP | ||||
10p ordinary | Sale | 1,305 | 4.6704 GBP | ||||
10p ordinary | Sale | 1,263 | 4.6680 GBP | ||||
10p ordinary | Sale | 1,224 | 4.6958 GBP | ||||
10p ordinary | Sale | 1,114 | 4.6780 GBP | ||||
10p ordinary | Sale | 679 | 4.6500 GBP | ||||
10p ordinary | Sale | 622 | 4.6340 GBP | ||||
10p ordinary | Sale | 607 | 4.7020 GBP | ||||
10p ordinary | Sale | 279 | 4.6910 GBP | ||||
10p ordinary | Sale | 135 | 4.6920 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 | 1,960 | 4.6604 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,571 | 4.6717 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,061 | 4.6724 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,147 | 4.6743 GBP | |||
10p ordinary | SWAP | Decreasing Short | 134 | 4.6800 GBP | |||
10p ordinary | SWAP | Decreasing Short | 177,788 | 4.6819 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,989 | 4.6830 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,086 | 4.6839 GBP | |||
10p ordinary | SWAP | Decreasing Short | 262,714 | 4.6840 GBP | |||
10p ordinary | SWAP | Decreasing Short | 344,962 | 4.6858 GBP | |||
10p ordinary | SWAP | Decreasing Short | 128,824 | 4.6879 GBP | |||
10p ordinary | SWAP | Decreasing Short | 58,882 | 4.6881 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,367 | 4.6902 GBP | |||
10p ordinary | SWAP | Decreasing Short | 279 | 4.6910 GBP | |||
10p ordinary | SWAP | Decreasing Short | 69,981 | 4.6935 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,198 | 4.6344 GBP | |||
10p ordinary | SWAP | Increasing Short | 84,829 | 4.6609 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,338 | 4.6631 GBP | |||
10p ordinary | SWAP | Increasing Short | 46,198 | 4.6834 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,531 | 4.6835 GBP | |||
10p ordinary | SWAP | Increasing Short | 196,421 | 4.6840 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,060 | 4.6841 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,700 | 4.6873 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,494 | 4.6451 GBP | |||
10p ordinary | CFD | Decreasing Short | 14,936 | 4.6518 GBP | |||
10p ordinary | CFD | Decreasing Short | 295,135 | 4.6536 GBP | |||
10p ordinary | CFD | Decreasing Short | 374 | 4.6840 GBP | |||
10p ordinary | CFD | Increasing Short | 63,744 | 4.6835 GBP | |||
10p ordinary | CFD | Increasing Short | 374 | 4.6840 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: | 17 Oct 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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