RNS Number : 5181G
Barclays PLC
01 October 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:

30 Sep 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:

 

 

33,912,780

2.46%

30,968,377

2.24%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

11,416,689

0.83%

32,473,610

2.35%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

45,329,469

3.28%

63,441,987

4.60%

(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

401,096

4.6280  GBP

10p ordinary

Purchase

271,725

4.6180  GBP

10p ordinary

Purchase

149,459

4.6063  GBP

10p ordinary

Purchase

79,059

4.6139  GBP

10p ordinary

Purchase

57,289

4.6151  GBP

10p ordinary

Purchase

50,000

4.6142  GBP

10p ordinary

Purchase

30,475

4.5872  GBP

10p ordinary

Purchase

29,381

4.5800  GBP

10p ordinary

Purchase

25,342

4.6044  GBP

10p ordinary

Purchase

25,166

4.6007  GBP

10p ordinary

Purchase

23,004

4.6189  GBP

10p ordinary

Purchase

21,112

4.6001  GBP

10p ordinary

Purchase

16,246

4.6118  GBP

10p ordinary

Purchase

13,998

4.5934  GBP

10p ordinary

Purchase

13,681

4.5982  GBP

10p ordinary

Purchase

11,820

4.5920  GBP

10p ordinary

Purchase

10,432

4.5963  GBP

10p ordinary

Purchase

4,806

4.5927  GBP

10p ordinary

Purchase

4,238

4.5930  GBP

10p ordinary

Purchase

3,822

4.5845  GBP

10p ordinary

Purchase

3,598

4.5980  GBP

10p ordinary

Purchase

3,193

4.6098  GBP

10p ordinary

Purchase

3,175

4.6080  GBP

10p ordinary

Purchase

2,441

4.6016  GBP

10p ordinary

Purchase

1,958

4.5986  GBP

10p ordinary

Purchase

1,845

4.5791  GBP

10p ordinary

Purchase

1,591

4.6140  GBP

10p ordinary

Purchase

1,504

4.6160  GBP

10p ordinary

Purchase

1,325

4.5680  GBP

10p ordinary

Purchase

1,324

4.5960  GBP

10p ordinary

Purchase

1,286

4.5878  GBP

10p ordinary

Purchase

1,241

4.5798  GBP

10p ordinary

Purchase

1,203

4.5780  GBP

10p ordinary

Purchase

1,098

4.5880  GBP

10p ordinary

Purchase

978

4.5998  GBP

10p ordinary

Purchase

958

4.6100  GBP

10p ordinary

Purchase

926

4.5810  GBP

10p ordinary

Purchase

899

4.5897  GBP

10p ordinary

Purchase

756

4.6000  GBP

10p ordinary

Purchase

730

4.5940  GBP

10p ordinary

Purchase

704

4.6120  GBP

10p ordinary

Purchase

699

4.5860  GBP

10p ordinary

Purchase

695

4.5720  GBP

10p ordinary

Purchase

679

4.5760  GBP

10p ordinary

Purchase

600

4.5835  GBP

10p ordinary

Purchase

129

4.6260  GBP

10p ordinary

Purchase

114

4.6058  GBP

10p ordinary

Sale

332,844

4.6180  GBP

10p ordinary

Sale

264,242

4.6162  GBP

10p ordinary

Sale

167,062

4.6152  GBP

10p ordinary

Sale

108,581

4.6030  GBP

10p ordinary

Sale

69,275

4.6092  GBP

10p ordinary

Sale

59,703

4.6182  GBP

10p ordinary

Sale

33,008

4.6061  GBP

10p ordinary

Sale

32,649

4.5963  GBP

10p ordinary

Sale

29,770

4.5799  GBP

10p ordinary

Sale

29,075

4.5938  GBP

10p ordinary

Sale

28,584

4.6043  GBP

10p ordinary

Sale

18,712

4.6096  GBP

10p ordinary

Sale

17,834

4.5990  GBP

10p ordinary

Sale

10,266

4.6173  GBP

10p ordinary

Sale

8,696

4.6038  GBP

10p ordinary

Sale

5,169

4.5839  GBP

10p ordinary

Sale

4,610

4.5762  GBP

10p ordinary

Sale

4,607

4.6009  GBP

10p ordinary

Sale

4,601

4.5964  GBP

10p ordinary

Sale

4,032

4.6073  GBP

10p ordinary

Sale

3,169

4.6059  GBP

10p ordinary

Sale

2,978

4.6140  GBP

10p ordinary

Sale

2,859

4.6078  GBP

10p ordinary

Sale

2,671

4.5993  GBP

10p ordinary

Sale

2,458

4.6080  GBP

10p ordinary

Sale

1,521

4.5830  GBP

10p ordinary

Sale

1,504

4.6160  GBP

10p ordinary

Sale

1,325

4.5680  GBP

10p ordinary

Sale

1,324

4.5960  GBP

10p ordinary

Sale

1,098

4.5880  GBP

10p ordinary

Sale

996

4.5726  GBP

10p ordinary

Sale

981

4.6170  GBP

10p ordinary

Sale

958

4.6100  GBP

10p ordinary

Sale

887

4.5760  GBP

10p ordinary

Sale

760

4.5980  GBP

10p ordinary

Sale

704

4.6120  GBP

10p ordinary

Sale

699

4.5860  GBP

10p ordinary

Sale

695

4.5720  GBP

10p ordinary

Sale

601

4.6179  GBP

10p ordinary

Sale

600

4.5840  GBP

10p ordinary

Sale

547

4.6280  GBP

10p ordinary

Sale

46

4.5752  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

996

4.5726  GBP

10p ordinary

SWAP

Decreasing Short

1,521

4.5830  GBP

10p ordinary

SWAP

Decreasing Short

5,169

4.5839  GBP

10p ordinary

SWAP

Decreasing Short

108,581

4.6030  GBP

10p ordinary

SWAP

Decreasing Short

21,889

4.6034  GBP

10p ordinary

SWAP

Decreasing Short

8,696

4.6038  GBP

10p ordinary

SWAP

Decreasing Short

3,169

4.6059  GBP

10p ordinary

SWAP

Decreasing Short

20,246

4.6066  GBP

10p ordinary

SWAP

Decreasing Short

69,275

4.6092  GBP

10p ordinary

SWAP

Decreasing Short

4,308

4.6106  GBP

10p ordinary

SWAP

Decreasing Short

99,647

4.6135  GBP

10p ordinary

SWAP

Decreasing Short

981

4.6170  GBP

10p ordinary

SWAP

Decreasing Short

79,323

4.6170  USD

10p ordinary

SWAP

Decreasing Short

10,266

4.6173  GBP

10p ordinary

SWAP

Decreasing Short

601

4.6179  GBP

10p ordinary

SWAP

Decreasing Short

222,231

4.6180  GBP

10p ordinary

SWAP

Increasing Short

2,035

4.5720  GBP

10p ordinary

SWAP

Increasing Short

1,363

4.5772  GBP

10p ordinary

SWAP

Increasing Short

1,845

4.5791  GBP

10p ordinary

SWAP

Increasing Short

1,241

4.5798  GBP

10p ordinary

SWAP

Increasing Short

926

4.5810  GBP

10p ordinary

SWAP

Increasing Short

3,822

4.5845  GBP

10p ordinary

SWAP

Increasing Short

30,475

4.5872  GBP

10p ordinary

SWAP

Increasing Short

11,104

4.5920  GBP

10p ordinary

SWAP

Increasing Short

54,947

4.5927  GBP

10p ordinary

SWAP

Increasing Short

6,939

4.5947  GBP

10p ordinary

SWAP

Increasing Short

7,581

4.6002  GBP

10p ordinary

SWAP

Increasing Short

121,333

4.6038  GBP

10p ordinary

SWAP

Increasing Short

114

4.6058  GBP

10p ordinary

SWAP

Increasing Short

769

4.6080  GBP

10p ordinary

SWAP

Increasing Short

4,943

4.6163  GBP

10p ordinary

SWAP

Increasing Short

45,300

4.6178  GBP

10p ordinary

SWAP

Increasing Short

13,806

4.6180  GBP

10p ordinary

SWAP

Increasing Short

23,004

4.6189  GBP

10p ordinary

CFD

Decreasing Short

46

4.5752  GBP

10p ordinary

CFD

Decreasing Short

3,917

4.5817  GBP

10p ordinary

CFD

Decreasing Short

80,551

4.6180  GBP

10p ordinary

CFD

Increasing Short

978

4.5998  GBP

10p ordinary

CFD

Increasing Short

1,673

4.6079  GBP

10p ordinary

CFD

Increasing Short

2,801

4.6094  GBP

10p ordinary

CFD

Increasing Short

12,238

4.6126  GBP

10p ordinary

CFD

Increasing Short

635

4.6180  GBP

10p ordinary

CFD

Increasing Short

400,549

4.6280  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:

01 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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