RNS Number : 6670U
Barclays PLC
24 January 2025
 

FORM 8.3 - Amendment to 2a
Replaces form Released at 16/01/2025 14:44 RNS Number : 6518T

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

 relevant securities this form relates:

DS SMITH PLC

(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 Jan 2025

(f)

In addition to the company in 1(c) above, is the discloser making

 disclosures in respect of any other party to the offer?

YES:
 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:

32,872,532

2.38%

27,114,155

1.96%

(2) Cash-settled derivatives:

12,838,877

0.93%

30,926,704

2.24%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

45,711,409

3.31%

58,040,859

4.20%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant

 security

Purchase/sale

Number of

 securities

Price per unit

10p ordinary

Purchase

408,521

5.7650  GBP

10p ordinary

Purchase

125,358

5.7683  GBP

10p ordinary

Purchase

111,531

5.7600  GBP

10p ordinary

Purchase

54,950

5.7405  GBP

10p ordinary

Purchase

35,966

5.7710  GBP

10p ordinary

Purchase

31,369

5.7724  GBP

10p ordinary

Purchase

27,877

5.7400  GBP

10p ordinary

Purchase

21,079

5.7675  GBP

10p ordinary

Purchase

17,044

5.7806  GBP

10p ordinary

Purchase

15,067

5.7511  GBP

10p ordinary

Purchase

12,735

5.7512  GBP

10p ordinary

Purchase

10,015

5.7572  GBP

10p ordinary

Purchase

8,480

5.7509  GBP

10p ordinary

Purchase

6,071

5.7461  GBP

10p ordinary

Purchase

6,069

5.7647  GBP

10p ordinary

Purchase

6,030

5.7573  GBP

10p ordinary

Purchase

5,892

5.7578  GBP

10p ordinary

Purchase

5,805

5.7504  GBP

10p ordinary

Purchase

5,099

5.7685  GBP

10p ordinary

Purchase

4,574

5.7693  GBP

10p ordinary

Purchase

4,032

5.7567  GBP

10p ordinary

Purchase

3,695

5.7649  GBP

10p ordinary

Purchase

3,618

5.7517  GBP

10p ordinary

Purchase

3,537

5.8100  GBP

10p ordinary

Purchase

3,303

5.7375  GBP

10p ordinary

Purchase

2,979

5.7510  GBP

10p ordinary

Purchase

2,848

5.7463  GBP

10p ordinary

Purchase

2,718

5.7540  GBP

10p ordinary

Purchase

2,137

5.7520  GBP

10p ordinary

Purchase

2,018

5.7814  GBP

10p ordinary

Purchase

1,712

5.7613  GBP

10p ordinary

Purchase

1,617

5.7450  GBP

10p ordinary

Purchase

1,608

5.7785  GBP

10p ordinary

Purchase

1,077

5.7381  GBP

10p ordinary

Purchase

1,069

5.7775  GBP

10p ordinary

Purchase

924

5.7522  GBP

10p ordinary

Purchase

906

5.7500  GBP

10p ordinary

Purchase

789

5.8098  GBP

10p ordinary

Purchase

642

5.8200  GBP

10p ordinary

Purchase

456

5.7653  GBP

10p ordinary

Purchase

306

5.8050  GBP

10p ordinary

Purchase

211

5.7525  GBP

10p ordinary

Purchase

13

5.7627  GBP

10p ordinary

Sale

3,775,303

5.7500  GBP

10p ordinary

Sale

330,166

5.7652  GBP

10p ordinary

Sale

71,557

5.7650  GBP

10p ordinary

Sale

60,564

5.7608  GBP

10p ordinary

Sale

57,657

5.7757  GBP

10p ordinary

Sale

53,998

5.7645  GBP

10p ordinary

Sale

38,352

5.7454  GBP

10p ordinary

Sale

13,595

5.7765  GBP

10p ordinary

Sale

12,965

5.7450  GBP

10p ordinary

Sale

9,420

5.7726  GBP

10p ordinary

Sale

4,784

5.7541  GBP

10p ordinary

Sale

3,588

5.7476  GBP

10p ordinary

Sale

3,186

5.7600  GBP

10p ordinary

Sale

2,935

5.7377  GBP

10p ordinary

Sale

2,545

5.7596  GBP

10p ordinary

Sale

2,332

5.7806  GBP

10p ordinary

Sale

2,206

5.7552  GBP

10p ordinary

Sale

1,785

5.7363  GBP

10p ordinary

Sale

1,775

5.7745  GBP

10p ordinary

Sale

1,278

5.7333  GBP

10p ordinary

Sale

1,228

5.7350  GBP

10p ordinary

Sale

789

5.8100  GBP

10p ordinary

Sale

622

5.7200  GBP

10p ordinary

Sale

617

5.7300  GBP

10p ordinary

Sale

553

5.7400  GBP

10p ordinary

Sale

306

5.8050  GBP

10p ordinary

Sale

203

5.7571  GBP

10p ordinary

Sale

44

5.7456  GBP

10p ordinary

Sale

31

5.7750  GBP

10p ordinary

Sale

7

5.7692  GBP

10p ordinary

Sale

3

5.7516  GBP

10p ordinary

Sale

2

5.7625  GBP

(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

10p ordinary

SWAP

Increasing Short

55,785

5.7673  GBP

10p ordinary

SWAP

Increasing Short

12,507

5.7679  GBP

10p ordinary

SWAP

Decreasing Short

1,754

5.7331  GBP

10p ordinary

SWAP

Decreasing Short

10,772

5.7450  GBP

10p ordinary

SWAP

Decreasing Short

3,588

5.7476  GBP

10p ordinary

SWAP

Decreasing Short

142,164

5.7650  GBP

10p ordinary

SWAP

Decreasing Short

62,331

5.7683  GBP

10p ordinary

SWAP

Decreasing Short

57,657

5.7757  GBP

10p ordinary

SWAP

Increasing Short

108

5.7500  GBP

10p ordinary

SWAP

Increasing Short

8,480

5.7509  GBP

10p ordinary

SWAP

Increasing Short

2,979

5.7510  GBP

10p ordinary

SWAP

Increasing Short

1,712

5.7612  GBP

10p ordinary

SWAP

Increasing Short

13,236

5.7641  GBP

10p ordinary

SWAP

Increasing Short

64,099

5.7650  GBP

10p ordinary

SWAP

Increasing Short

117,806

5.7668  GBP

10p ordinary

SWAP

Increasing Short

35,966

5.7710  GBP

10p ordinary

SWAP

Increasing Short

12,942

5.7714  GBP

10p ordinary

SWAP

Increasing Short

17,044

5.7806  GBP

10p ordinary

CFD

Decreasing Short

22,579

5.7629  GBP

10p ordinary

CFD

Decreasing Short

69,980

5.7650  GBP

10p ordinary

CFD

Increasing Short

94,442

5.7650  GBP









(c)

Stock-settled derivative transactions

 (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

















(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit














(d)

Other dealings (including subscribing for

 new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 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 person 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:

24 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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