RNS Number : 6560O
Barclays PLC
03 December 2024
 

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:

02 Dec 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:

 

 

33,226,328

2.41%

23,128,491

1.68%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

11,946,877

0.87%

32,143,553

2.33%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

45,173,205

3.27%

55,272,044

4.00%

(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

185,158

5.8227  GBP

10p ordinary

Purchase

121,061

5.8214  GBP

10p ordinary

Purchase

88,500

5.8250  GBP

10p ordinary

Purchase

81,076

5.8240  GBP

10p ordinary

Purchase

52,383

5.8201  GBP

10p ordinary

Purchase

45,419

5.8119  GBP

10p ordinary

Purchase

43,819

5.8112  GBP

10p ordinary

Purchase

36,900

5.8232  GBP

10p ordinary

Purchase

34,305

5.8171  GBP

10p ordinary

Purchase

29,046

5.8132  GBP

10p ordinary

Purchase

27,583

5.8034  GBP

10p ordinary

Purchase

21,043

5.8303  GBP

10p ordinary

Purchase

18,491

5.8066  GBP

10p ordinary

Purchase

16,572

5.7897  GBP

10p ordinary

Purchase

16,191

5.8147  GBP

10p ordinary

Purchase

13,051

5.7950  GBP

10p ordinary

Purchase

12,603

5.8012  GBP

10p ordinary

Purchase

12,020

5.8305  GBP

10p ordinary

Purchase

10,724

5.8113  GBP

10p ordinary

Purchase

8,118

5.8089  GBP

10p ordinary

Purchase

7,186

5.8000  GBP

10p ordinary

Purchase

6,786

5.8190  GBP

10p ordinary

Purchase

5,709

5.8076  GBP

10p ordinary

Purchase

5,551

5.8327  GBP

10p ordinary

Purchase

5,485

5.8152  GBP

10p ordinary

Purchase

4,617

5.7925  GBP

10p ordinary

Purchase

2,944

5.8199  GBP

10p ordinary

Purchase

1,385

5.8033  GBP

10p ordinary

Purchase

1,235

5.8150  GBP

10p ordinary

Purchase

1,130

5.8450  GBP

10p ordinary

Purchase

1,095

5.7987  GBP

10p ordinary

Purchase

985

5.8298  GBP

10p ordinary

Purchase

828

5.7908  GBP

10p ordinary

Purchase

660

5.8443  GBP

10p ordinary

Purchase

581

5.8300  GBP

10p ordinary

Purchase

488

5.8100  GBP

10p ordinary

Purchase

363

5.8400  GBP

10p ordinary

Purchase

330

5.8500  GBP

10p ordinary

Purchase

105

5.8444  GBP

10p ordinary

Sale

236,830

5.8250  GBP

10p ordinary

Sale

59,229

5.7991  GBP

10p ordinary

Sale

54,912

5.8241  GBP

10p ordinary

Sale

50,000

5.8253  GBP

10p ordinary

Sale

36,770

5.8153  GBP

10p ordinary

Sale

32,000

5.7523  GBP

10p ordinary

Sale

27,025

5.8237  GBP

10p ordinary

Sale

25,847

5.8038  GBP

10p ordinary

Sale

8,969

5.8364  GBP

10p ordinary

Sale

4,767

5.8257  GBP

10p ordinary

Sale

3,368

5.8252  GBP

10p ordinary

Sale

2,364

5.8451  GBP

10p ordinary

Sale

2,055

5.8167  GBP

10p ordinary

Sale

1,213

5.7950  GBP

10p ordinary

Sale

764

5.8450  GBP

10p ordinary

Sale

581

5.8300  GBP

10p ordinary

Sale

330

5.8500  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

32,000

5.7524  USD

10p ordinary

SWAP

Decreasing Short

59,229

5.7991  GBP

10p ordinary

SWAP

Decreasing Short

1,479

5.8119  GBP

10p ordinary

SWAP

Decreasing Short

2,055

5.8167  GBP

10p ordinary

SWAP

Decreasing Short

27,025

5.8237  GBP

10p ordinary

SWAP

Decreasing Short

24,932

5.8247  GBP

10p ordinary

SWAP

Decreasing Short

210,655

5.8250  GBP

10p ordinary

SWAP

Decreasing Short

3,368

5.8252  GBP

10p ordinary

SWAP

Decreasing Short

16,394

5.8327  USD

10p ordinary

SWAP

Increasing Short

13,974

5.8082  GBP

10p ordinary

SWAP

Increasing Short

25,896

5.8146  GBP

10p ordinary

SWAP

Increasing Short

10,481

5.8154  GBP

10p ordinary

SWAP

Increasing Short

34,305

5.8171  GBP

10p ordinary

SWAP

Increasing Short

27,298

5.8194  GBP

10p ordinary

SWAP

Increasing Short

2,944

5.8199  GBP

10p ordinary

SWAP

Increasing Short

36,900

5.8231  GBP

10p ordinary

SWAP

Increasing Short

81,076

5.8240  GBP

10p ordinary

SWAP

Increasing Short

45,925

5.8250  GBP

10p ordinary

SWAP

Increasing Short

14,655

5.8258  GBP

10p ordinary

CFD

Decreasing Short

1,371

5.7996  GBP

10p ordinary

CFD

Decreasing Short

348

5.8250  GBP

10p ordinary

CFD

Decreasing Short

330

5.8500  GBP

10p ordinary

CFD

Increasing Short

5,886

5.8130  GBP

10p ordinary

CFD

Increasing Short

80,000

5.8229  GBP

10p ordinary

CFD

Increasing Short

12,241

5.8250  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:

03 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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