| 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: | 30 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: |
|
| 38,210,330 | 2.77% | 13,253,204 | 0.96% |
| (2) | Cash-settled derivatives: |
|
|
|
| ||
|
| and/or controlled: |
|
| 13,060,675 | 0.95% | 35,678,423 | 2.58% |
| (3) | Stock-settled derivatives (including options) |
|
|
|
| ||
|
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 51,271,005 | 3.71% | 48,931,627 | 3.54% |
| (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 | 3,196,572 | 5.9700 GBP | ||||
| 10p ordinary | Purchase | 369,593 | 5.8592 GBP | ||||
| 10p ordinary | Purchase | 204,122 | 5.8367 GBP | ||||
| 10p ordinary | Purchase | 160,848 | 5.8606 GBP | ||||
| 10p ordinary | Purchase | 131,804 | 5.8850 GBP | ||||
| 10p ordinary | Purchase | 96,719 | 5.8853 GBP | ||||
| 10p ordinary | Purchase | 93,629 | 5.8288 GBP | ||||
| 10p ordinary | Purchase | 84,830 | 5.7055 GBP | ||||
| 10p ordinary | Purchase | 55,684 | 5.8300 GBP | ||||
| 10p ordinary | Purchase | 48,706 | 5.8435 GBP | ||||
| 10p ordinary | Purchase | 47,972 | 5.9705 GBP | ||||
| 10p ordinary | Purchase | 45,443 | 5.8231 GBP | ||||
| 10p ordinary | Purchase | 35,323 | 5.9062 GBP | ||||
| 10p ordinary | Purchase | 32,386 | 5.8677 GBP | ||||
| 10p ordinary | Purchase | 27,842 | 5.8050 GBP | ||||
| 10p ordinary | Purchase | 25,000 | 5.8867 GBP | ||||
| 10p ordinary | Purchase | 12,606 | 5.7281 GBP | ||||
| 10p ordinary | Purchase | 11,967 | 5.9856 GBP | ||||
| 10p ordinary | Purchase | 9,755 | 5.8773 GBP | ||||
| 10p ordinary | Purchase | 9,159 | 5.8415 GBP | ||||
| 10p ordinary | Purchase | 9,042 | 5.8284 GBP | ||||
| 10p ordinary | Purchase | 7,515 | 5.7985 GBP | ||||
| 10p ordinary | Purchase | 5,000 | 5.9850 GBP | ||||
| 10p ordinary | Purchase | 4,607 | 5.9543 GBP | ||||
| 10p ordinary | Purchase | 2,931 | 5.7935 GBP | ||||
| 10p ordinary | Purchase | 2,501 | 5.9131 GBP | ||||
| 10p ordinary | Purchase | 2,301 | 5.8475 GBP | ||||
| 10p ordinary | Purchase | 1,782 | 5.7664 GBP | ||||
| 10p ordinary | Purchase | 1,660 | 5.7917 GBP | ||||
| 10p ordinary | Purchase | 1,636 | 5.9925 GBP | ||||
| 10p ordinary | Purchase | 1,250 | 5.9975 GBP | ||||
| 10p ordinary | Purchase | 944 | 5.7300 GBP | ||||
| 10p ordinary | Purchase | 886 | 5.6600 GBP | ||||
| 10p ordinary | Purchase | 832 | 5.8250 GBP | ||||
| 10p ordinary | Purchase | 792 | 5.9875 GBP | ||||
| 10p ordinary | Purchase | 716 | 5.7829 GBP | ||||
| 10p ordinary | Purchase | 666 | 5.7750 GBP | ||||
| 10p ordinary | Purchase | 616 | 5.8605 GBP | ||||
| 10p ordinary | Purchase | 615 | 5.7100 GBP | ||||
| 10p ordinary | Purchase | 611 | 5.8732 GBP | ||||
| 10p ordinary | Purchase | 558 | 5.7700 GBP | ||||
| 10p ordinary | Purchase | 533 | 5.9037 GBP | ||||
| 10p ordinary | Purchase | 360 | 5.6950 GBP | ||||
| 10p ordinary | Purchase | 270 | 5.7350 GBP | ||||
| 10p ordinary | Purchase | 71 | 5.8500 GBP | ||||
| 10p ordinary | Purchase | 10 | 5.8610 GBP | ||||
| 10p ordinary | Sale | 510,884 | 5.8754 GBP | ||||
| 10p ordinary | Sale | 183,342 | 5.8131 GBP | ||||
| 10p ordinary | Sale | 156,940 | 5.8850 GBP | ||||
| 10p ordinary | Sale | 141,000 | 5.8270 GBP | ||||
| 10p ordinary | Sale | 96,719 | 5.8853 GBP | ||||
| 10p ordinary | Sale | 81,599 | 5.8406 GBP | ||||
| 10p ordinary | Sale | 60,991 | 5.8136 GBP | ||||
| 10p ordinary | Sale | 53,092 | 5.7922 GBP | ||||
| 10p ordinary | Sale | 43,620 | 5.8603 GBP | ||||
| 10p ordinary | Sale | 32,700 | 5.8659 GBP | ||||
| 10p ordinary | Sale | 28,805 | 5.7763 GBP | ||||
| 10p ordinary | Sale | 26,463 | 5.7957 GBP | ||||
| 10p ordinary | Sale | 24,690 | 5.7947 GBP | ||||
| 10p ordinary | Sale | 23,700 | 5.8989 GBP | ||||
| 10p ordinary | Sale | 20,434 | 5.8966 GBP | ||||
| 10p ordinary | Sale | 15,838 | 5.8728 GBP | ||||
| 10p ordinary | Sale | 12,213 | 5.7861 GBP | ||||
| 10p ordinary | Sale | 9,715 | 5.9471 GBP | ||||
| 10p ordinary | Sale | 9,547 | 5.9032 GBP | ||||
| 10p ordinary | Sale | 7,684 | 5.7945 GBP | ||||
| 10p ordinary | Sale | 6,316 | 5.9682 GBP | ||||
| 10p ordinary | Sale | 4,527 | 5.7167 GBP | ||||
| 10p ordinary | Sale | 3,707 | 5.8918 GBP | ||||
| 10p ordinary | Sale | 3,471 | 5.7137 GBP | ||||
| 10p ordinary | Sale | 3,239 | 5.8342 GBP | ||||
| 10p ordinary | Sale | 3,205 | 5.6950 GBP | ||||
| 10p ordinary | Sale | 2,231 | 5.7735 GBP | ||||
| 10p ordinary | Sale | 1,678 | 5.6475 GBP | ||||
| 10p ordinary | Sale | 1,141 | 5.7693 GBP | ||||
| 10p ordinary | Sale | 1,112 | 5.8244 GBP | ||||
| 10p ordinary | Sale | 999 | 5.6900 GBP | ||||
| 10p ordinary | Sale | 944 | 5.7300 GBP | ||||
| 10p ordinary | Sale | 886 | 5.6600 GBP | ||||
| 10p ordinary | Sale | 832 | 5.8250 GBP | ||||
| 10p ordinary | Sale | 806 | 5.9712 GBP | ||||
| 10p ordinary | Sale | 666 | 5.7750 GBP | ||||
| 10p ordinary | Sale | 625 | 5.6925 GBP | ||||
| 10p ordinary | Sale | 615 | 5.7100 GBP | ||||
| 10p ordinary | Sale | 558 | 5.7700 GBP | ||||
| 10p ordinary | Sale | 540 | 5.7350 GBP | ||||
| 10p ordinary | Sale | 112 | 5.8400 GBP | ||||
| 10p ordinary | Sale | 109 | 5.8300 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 | 25,402 | 5.7690 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 183,342 | 5.8132 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 60,991 | 5.8136 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 33,783 | 5.8157 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 36,633 | 5.8300 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 180,583 | 5.8386 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 53,201 | 5.8709 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 56,400 | 5.8797 USD | |||
| 10p ordinary | SWAP | Decreasing Short | 401,326 | 5.8850 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 3,707 | 5.8918 GBP | |||
| 10p ordinary | SWAP | Decreasing Short | 9,547 | 5.9032 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 45,443 | 5.8228 USD | |||
| 10p ordinary | SWAP | Increasing Short | 93,629 | 5.8288 USD | |||
| 10p ordinary | SWAP | Increasing Short | 204,122 | 5.8367 USD | |||
| 10p ordinary | SWAP | Increasing Short | 160,848 | 5.8606 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 32,386 | 5.8677 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 649 | 5.8850 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 103 | 5.8853 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 25,000 | 5.8868 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 44,692 | 5.8871 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 35,323 | 5.9062 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 21,648 | 5.9133 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 14,033 | 5.9201 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 305 | 5.9650 GBP | |||
| 10p ordinary | SWAP | Increasing Short | 3,196,572 | 5.9700 GBP | |||
| 10p ordinary | CFD | Decreasing Short | 2,951 | 5.8850 GBP | |||
| 10p ordinary | CFD | Decreasing Short | 19 | 5.8852 GBP | |||
| 10p ordinary | CFD | Decreasing Short | 6,527 | 5.8982 GBP | |||
| 10p ordinary | CFD | Increasing Short | 40,278 | 5.7889 GBP | |||
| 10p ordinary | CFD | Increasing Short | 67,738 | 5.7957 GBP | |||
| 10p ordinary | CFD | Increasing Short | 12,304 | 5.8526 GBP | |||
| 10p ordinary | CFD | Increasing Short | 2,951 | 5.8850 GBP | |||
| 10p ordinary | CFD | Increasing Short | 19 | 5.8852 GBP | |||
| 10p ordinary | CFD | Increasing Short | 96,719 | 5.8853 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: | 31 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.
