RNS Number : 6700M
Barclays PLC
18 November 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:

15 Nov 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:

 

 

27,452,759

1.98%

23,444,242

1.69%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

12,302,691

0.89%

26,182,991

1.90%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

39,755,450

2.87%

49,627,233

3.59%

(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

350,404

5.6227  GBP

10p ordinary

Purchase

103,875

5.6650  GBP

10p ordinary

Purchase

63,236

5.6312  GBP

10p ordinary

Purchase

57,393

5.6050  GBP

10p ordinary

Purchase

48,256

5.6415  GBP

10p ordinary

Purchase

40,204

5.6321  GBP

10p ordinary

Purchase

27,455

5.6407  GBP

10p ordinary

Purchase

23,347

5.6400  GBP

10p ordinary

Purchase

10,147

5.6368  GBP

10p ordinary

Purchase

7,883

5.6336  GBP

10p ordinary

Purchase

6,718

5.6367  GBP

10p ordinary

Purchase

5,919

5.6124  GBP

10p ordinary

Purchase

4,789

5.6670  GBP

10p ordinary

Purchase

4,054

5.6600  GBP

10p ordinary

Purchase

3,844

5.6647  GBP

10p ordinary

Purchase

2,147

5.6550  GBP

10p ordinary

Purchase

1,500

5.6025  GBP

10p ordinary

Purchase

582

5.6425  GBP

10p ordinary

Purchase

556

5.6750  GBP

10p ordinary

Purchase

541

5.6525  GBP

10p ordinary

Purchase

526

5.6771  GBP

10p ordinary

Sale

213,681

5.6429  GBP

10p ordinary

Sale

63,236

5.6312  GBP

10p ordinary

Sale

50,742

5.6324  GBP

10p ordinary

Sale

28,417

5.6554  GBP

10p ordinary

Sale

25,439

5.6454  GBP

10p ordinary

Sale

21,468

5.6398  GBP

10p ordinary

Sale

16,239

5.6626  GBP

10p ordinary

Sale

15,182

5.6382  GBP

10p ordinary

Sale

13,830

5.6354  GBP

10p ordinary

Sale

13,692

5.6355  GBP

10p ordinary

Sale

12,112

5.6614  GBP

10p ordinary

Sale

8,831

5.6640  GBP

10p ordinary

Sale

5,256

5.6501  GBP

10p ordinary

Sale

5,234

5.6400  GBP

10p ordinary

Sale

4,453

5.6149  GBP

10p ordinary

Sale

4,326

5.6193  GBP

10p ordinary

Sale

3,402

5.6618  GBP

10p ordinary

Sale

3,289

5.6498  GBP

10p ordinary

Sale

2,711

5.6565  GBP

10p ordinary

Sale

2,631

5.6575  GBP

10p ordinary

Sale

2,352

5.6566  GBP

10p ordinary

Sale

2,321

5.6651  GBP

10p ordinary

Sale

1,670

5.6606  GBP

10p ordinary

Sale

1,658

5.6384  GBP

10p ordinary

Sale

1,451

5.6599  GBP

10p ordinary

Sale

1,426

5.6650  GBP

10p ordinary

Sale

1,293

5.6491  GBP

10p ordinary

Sale

1,166

5.6213  GBP

10p ordinary

Sale

1,125

5.5914  GBP

10p ordinary

Sale

1,006

5.6750  GBP

10p ordinary

Sale

956

5.6583  GBP

10p ordinary

Sale

613

5.6430  GBP

10p ordinary

Sale

489

5.5700  GBP

10p ordinary

Sale

473

5.6500  GBP

10p ordinary

Sale

13

5.6530  GBP

10p ordinary

Sale

1

5.6800  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

26,961

5.6355  GBP

10p ordinary

SWAP

Decreasing Short

1,125

5.5914  GBP

10p ordinary

SWAP

Decreasing Short

50,742

5.6324  GBP

10p ordinary

SWAP

Decreasing Short

7,630

5.6332  GBP

10p ordinary

SWAP

Decreasing Short

21,463

5.6352  GBP

10p ordinary

SWAP

Decreasing Short

6,012

5.6400  GBP

10p ordinary

SWAP

Decreasing Short

206,964

5.6432  GBP

10p ordinary

SWAP

Decreasing Short

17,022

5.6454  GBP

10p ordinary

SWAP

Decreasing Short

1,293

5.6491  GBP

10p ordinary

SWAP

Decreasing Short

28,417

5.6554  GBP

10p ordinary

SWAP

Increasing Short

94,634

5.5912  GBP

10p ordinary

SWAP

Increasing Short

3,896

5.6223  GBP

10p ordinary

SWAP

Increasing Short

40,204

5.6321  GBP

10p ordinary

SWAP

Increasing Short

105,372

5.6322  GBP

10p ordinary

SWAP

Increasing Short

7,883

5.6336  GBP

10p ordinary

SWAP

Increasing Short

24,958

5.6351  GBP

10p ordinary

SWAP

Increasing Short

10,147

5.6368  GBP

10p ordinary

SWAP

Increasing Short

109,360

5.6400  GBP

10p ordinary

SWAP

Increasing Short

41,747

5.6402  GBP

10p ordinary

SWAP

Increasing Short

2,718

5.6411  USD

10p ordinary

SWAP

Increasing Short

582

5.6425  GBP

10p ordinary

CFD

Decreasing Short

705

5.5746  GBP

10p ordinary

CFD

Decreasing Short

1,363

5.6400  GBP

10p ordinary

CFD

Decreasing Short

50,000

5.6591  GBP

10p ordinary

CFD

Increasing Short

63,236

5.6312  GBP

10p ordinary

CFD

Increasing Short

1,363

5.6400  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:

18 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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