| 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: | 17 Jan 2025 | |||||
| (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: | | | 33,570,009 | 2.43% | 29,353,697 | 2.13% |
| (2) | Cash-settled derivatives: | | | | | ||
| | and/or controlled: | | | 12,782,120 | 0.93% | 31,606,150 | 2.29% |
| (3) | Stock-settled derivatives (including options) | | | | | ||
| | and agreements to purchase/sell: | | | 0 | 0.00% | 0 | 0.00% |
| | | | | | | | |
| | TOTAL: | | | 46,352,129 | 3.36% | 60,959,847 | 4.42% |
| (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 | 1,283,072 | 5.8450 GBP | ||||
| 10p ordinary | Purchase | 362,597 | 5.8974 GBP | ||||
| 10p ordinary | Purchase | 239,904 | 5.8950 GBP | ||||
| 10p ordinary | Purchase | 171,011 | 5.8948 GBP | ||||
| 10p ordinary | Purchase | 74,370 | 5.8976 GBP | ||||
| 10p ordinary | Purchase | 64,492 | 5.8953 GBP | ||||
| 10p ordinary | Purchase | 59,098 | 5.8926 GBP | ||||
| 10p ordinary | Purchase | 56,925 | 5.8754 GBP | ||||
| 10p ordinary | Purchase | 32,441 | 5.9038 GBP | ||||
| 10p ordinary | Purchase | 24,976 | 5.8877 GBP | ||||
| 10p ordinary | Purchase | 24,535 | 5.9029 GBP | ||||
| 10p ordinary | Purchase | 22,367 | 5.9062 GBP | ||||
| 10p ordinary | Purchase | 21,523 | 5.8931 GBP | ||||
| 10p ordinary | Purchase | 21,002 | 5.8890 GBP | ||||
| 10p ordinary | Purchase | 19,678 | 5.9012 GBP | ||||
| 10p ordinary | Purchase | 18,449 | 5.8904 GBP | ||||
| 10p ordinary | Purchase | 18,406 | 5.8942 GBP | ||||
| 10p ordinary | Purchase | 16,589 | 5.8993 GBP | ||||
| 10p ordinary | Purchase | 15,516 | 5.9010 GBP | ||||
| 10p ordinary | Purchase | 15,499 | 5.9027 GBP | ||||
| 10p ordinary | Purchase | 13,662 | 5.8906 GBP | ||||
| 10p ordinary | Purchase | 13,657 | 5.9055 GBP | ||||
| 10p ordinary | Purchase | 11,909 | 5.8969 GBP | ||||
| 10p ordinary | Purchase | 11,637 | 5.9047 GBP | ||||
| 10p ordinary | Purchase | 7,112 | 5.9031 GBP | ||||
| 10p ordinary | Purchase | 5,786 | 5.8925 GBP | ||||
| 10p ordinary | Purchase | 5,207 | 5.8992 GBP | ||||
| 10p ordinary | Purchase | 5,145 | 5.9022 GBP | ||||
| 10p ordinary | Purchase | 4,113 | 5.8636 GBP | ||||
| 10p ordinary | Purchase | 3,574 | 5.8990 GBP | ||||
| 10p ordinary | Purchase | 3,562 | 5.8891 GBP | ||||
| 10p ordinary | Purchase | 2,352 | 5.9025 GBP | ||||
| 10p ordinary | Purchase | 2,276 | 5.9026 GBP | ||||
| 10p ordinary | Purchase | 2,029 | 5.8815 GBP | ||||
| 10p ordinary | Purchase | 2,004 | 5.8850 GBP | ||||
| 10p ordinary | Purchase | 1,756 | 5.8777 GBP | ||||
| 10p ordinary | Purchase | 1,748 | 5.9093 GBP | ||||
| 10p ordinary | Purchase | 1,089 | 5.9125 GBP | ||||
| 10p ordinary | Purchase | 893 | 5.8900 GBP | ||||
| 10p ordinary | Purchase | 622 | 5.8881 GBP | ||||
| 10p ordinary | Purchase | 581 | 5.9050 GBP | ||||
| 10p ordinary | Purchase | 533 | 5.9177 GBP | ||||
| 10p ordinary | Purchase | 151 | 5.9199 GBP | ||||
| 10p ordinary | Purchase | 2 | 5.9100 GBP | ||||
| 10p ordinary | Sale | 599,646 | 5.8950 GBP | ||||
| 10p ordinary | Sale | 293,243 | 5.8940 GBP | ||||
| 10p ordinary | Sale | 104,523 | 5.8987 GBP | ||||
| 10p ordinary | Sale | 74,266 | 5.9008 GBP | ||||
| 10p ordinary | Sale | 34,515 | 5.8956 GBP | ||||
| 10p ordinary | Sale | 32,182 | 5.9012 GBP | ||||
| 10p ordinary | Sale | 26,360 | 5.8989 GBP | ||||
| 10p ordinary | Sale | 21,523 | 5.8931 GBP | ||||
| 10p ordinary | Sale | 17,601 | 5.8948 GBP | ||||
| 10p ordinary | Sale | 12,066 | 5.9127 GBP | ||||
| 10p ordinary | Sale | 11,930 | 5.8983 GBP | ||||
| 10p ordinary | Sale | 9,723 | 5.8914 GBP | ||||
| 10p ordinary | Sale | 9,570 | 5.9116 GBP | ||||
| 10p ordinary | Sale | 8,393 | 5.9125 GBP | ||||
| 10p ordinary | Sale | 8,379 | 5.8633 GBP | ||||
| 10p ordinary | Sale | 6,456 | 5.9028 GBP | ||||
| 10p ordinary | Sale | 3,779 | 5.9128 GBP | ||||
| 10p ordinary | Sale | 2,751 | 5.8679 GBP | ||||
| 10p ordinary | Sale | 2,442 | 5.9102 GBP | ||||
| 10p ordinary | Sale | 2,004 | 5.8850 GBP | ||||
| 10p ordinary | Sale | 1,757 | 5.9050 GBP | ||||
| 10p ordinary | Sale | 1,748 | 5.9092 GBP | ||||
| 10p ordinary | Sale | 1,633 | 5.9099 GBP | ||||
| 10p ordinary | Sale | 1,560 | 5.8805 GBP | ||||
| 10p ordinary | Sale | 1,128 | 5.8949 GBP | ||||
| 10p ordinary | Sale | 448 | 5.9250 GBP | ||||
| 10p ordinary | Sale | 151 | 5.9200 GBP | ||||
| 10p ordinary | Sale | 2 | 5.9105 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 | Increasing Short | 12,442 | 5.8902 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 129,546 | 5.8979 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 8,379 | 5.8633 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 2,751 | 5.8679 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 1,560 | 5.8805 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 69,815 | 5.8947 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 241,013 | 5.8950 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 104,523 | 5.8987 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 25,000 | 5.8989 USD | |||
| 10p ordinary | SWAP | Decreasing Short | 74,266 | 5.9008 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 25,640 | 5.9047 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 24,576 | 5.9055 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 280,000 | 5.7609 USD | |||
| 10p ordinary | SWAP | Increasing Short | 132 | 5.8450 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 4,113 | 5.8636 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 56,925 | 5.8754 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 2,029 | 5.8815 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 622 | 5.8880 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 13,662 | 5.8906 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 21,839 | 5.8924 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 65,085 | 5.8940 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 17,913 | 5.8950 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 459,066 | 5.9087 GBP | |||
| 10p ordinary | CFD | Decreasing Short | 55,619 | 5.8950 GBP | |||
| 10p ordinary | CFD | Decreasing Short | 29 | 5.9096 GBP | |||
| 10p ordinary | CFD | Decreasing Short | 30,000 | 5.9098 GBP | |||
| 10p ordinary | CFD | Increasing Short | 21,523 | 5.8931 GBP | |||
| 10p ordinary | CFD | Increasing Short | 433 | 5.8950 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: | 20 Jan 2025 | ||||||
| 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.
