RNS Number : 5618S
Barclays PLC
14 June 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:

13 Jun 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:

 

 

31,998,433

2.32%

27,962,682

2.03%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

7,782,482

0.56%

31,330,888

2.27%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

39,780,915

2.88%

59,293,570

4.30%

(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

708,718

3.5096  GBP

10p ordinary

Purchase

310,061

3.5171  GBP

10p ordinary

Purchase

121,150

3.5058  GBP

10p ordinary

Purchase

97,007

3.5268  GBP

10p ordinary

Purchase

49,832

3.5060  GBP

10p ordinary

Purchase

32,359

3.5341  GBP

10p ordinary

Purchase

27,568

3.5540  GBP

10p ordinary

Purchase

22,500

3.5690  GBP

10p ordinary

Purchase

20,395

3.5138  GBP

10p ordinary

Purchase

14,783

3.5236  GBP

10p ordinary

Purchase

14,223

3.5289  GBP

10p ordinary

Purchase

11,403

3.5255  GBP

10p ordinary

Purchase

10,720

3.5742  GBP

10p ordinary

Purchase

10,028

3.5195  GBP

10p ordinary

Purchase

6,647

3.5200  GBP

10p ordinary

Purchase

6,595

3.5760  GBP

10p ordinary

Purchase

5,368

3.5720  GBP

10p ordinary

Purchase

4,728

3.5260  GBP

10p ordinary

Purchase

4,167

3.5700  GBP

10p ordinary

Purchase

3,424

3.5266  GBP

10p ordinary

Purchase

2,875

3.5767  GBP

10p ordinary

Purchase

2,118

3.5695  GBP

10p ordinary

Purchase

1,975

3.5240  GBP

10p ordinary

Purchase

1,939

3.5120  GBP

10p ordinary

Purchase

1,929

3.5140  GBP

10p ordinary

Purchase

1,926

3.5705  GBP

10p ordinary

Purchase

1,714

3.5459  GBP

10p ordinary

Purchase

1,639

3.5734  GBP

10p ordinary

Purchase

1,499

3.5190  GBP

10p ordinary

Purchase

1,386

3.5220  GBP

10p ordinary

Purchase

1,015

3.5180  GBP

10p ordinary

Purchase

922

3.5100  GBP

10p ordinary

Purchase

813

3.5460  GBP

10p ordinary

Purchase

767

3.5084  GBP

10p ordinary

Purchase

706

3.5637  GBP

10p ordinary

Purchase

526

3.5660  GBP

10p ordinary

Purchase

336

3.5722  GBP

10p ordinary

Purchase

192

3.5655  GBP

10p ordinary

Purchase

42

3.5040  GBP

10p ordinary

Sale

500,000

3.5742  GBP

10p ordinary

Sale

381,444

3.5177  GBP

10p ordinary

Sale

250,000

3.5583  GBP

10p ordinary

Sale

170,680

3.5219  GBP

10p ordinary

Sale

144,877

3.5060  GBP

10p ordinary

Sale

126,750

3.5218  GBP

10p ordinary

Sale

85,622

3.5258  GBP

10p ordinary

Sale

45,882

3.5508  GBP

10p ordinary

Sale

38,498

3.5676  GBP

10p ordinary

Sale

27,143

3.5262  GBP

10p ordinary

Sale

26,335

3.5663  GBP

10p ordinary

Sale

25,865

3.5243  GBP

10p ordinary

Sale

20,655

3.5284  GBP

10p ordinary

Sale

16,107

3.5274  GBP

10p ordinary

Sale

15,988

3.5368  GBP

10p ordinary

Sale

13,667

3.5253  GBP

10p ordinary

Sale

12,674

3.5414  GBP

10p ordinary

Sale

10,053

3.5489  GBP

10p ordinary

Sale

7,871

3.5183  GBP

10p ordinary

Sale

6,857

3.5276  GBP

10p ordinary

Sale

6,504

3.5687  GBP

10p ordinary

Sale

6,189

3.5200  GBP

10p ordinary

Sale

5,911

3.5166  GBP

10p ordinary

Sale

5,527

3.5740  GBP

10p ordinary

Sale

4,595

3.5721  GBP

10p ordinary

Sale

4,167

3.5700  GBP

10p ordinary

Sale

4,101

3.5760  GBP

10p ordinary

Sale

3,652

3.5337  GBP

10p ordinary

Sale

3,179

3.5140  GBP

10p ordinary

Sale

2,463

3.5187  GBP

10p ordinary

Sale

2,454

3.5120  GBP

10p ordinary

Sale

1,975

3.5240  GBP

10p ordinary

Sale

1,847

3.5728  GBP

10p ordinary

Sale

1,788

3.5180  GBP

10p ordinary

Sale

1,700

3.5309  GBP

10p ordinary

Sale

1,517

3.5250  GBP

10p ordinary

Sale

1,386

3.5220  GBP

10p ordinary

Sale

1,049

3.5720  GBP

10p ordinary

Sale

935

3.5655  GBP

10p ordinary

Sale

922

3.5100  GBP

10p ordinary

Sale

879

3.5724  GBP

10p ordinary

Sale

527

3.5920  GBP

10p ordinary

Sale

87

3.5040  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

Closing Long

97

3.5700  GBP

10p ordinary

SWAP

Closing Long

192

3.5655  GBP

10p ordinary

SWAP

Closing Long

329

3.5742  GBP

10p ordinary

SWAP

Closing Long

336

3.5722  GBP

10p ordinary

SWAP

Closing Long

706

3.5637  GBP

10p ordinary

SWAP

Decreasing Long

1,121

3.5220  GBP

10p ordinary

SWAP

Decreasing Long

13,662

3.5237  GBP

10p ordinary

SWAP

Decreasing Long

14,223

3.5289  GBP

10p ordinary

SWAP

Decreasing Long

22,500

3.5690  GBP

10p ordinary

SWAP

Decreasing Short

804

3.5240  GBP

10p ordinary

SWAP

Decreasing Short

935

3.5655  GBP

10p ordinary

SWAP

Decreasing Short

1,847

3.5728  GBP

10p ordinary

SWAP

Decreasing Short

3,652

3.5337  GBP

10p ordinary

CFD

Decreasing Short

3,820

3.5060  GBP

10p ordinary

CFD

Decreasing Short

5,847

3.5919  GBP

10p ordinary

CFD

Decreasing Short

23,980

3.5233  GBP

10p ordinary

SWAP

Decreasing Short

26,335

3.5663  GBP

10p ordinary

SWAP

Decreasing Short

29,163

3.5518  GBP

10p ordinary

SWAP

Decreasing Short

31,806

3.5457  GBP

10p ordinary

SWAP

Decreasing Short

72,623

3.5060  GBP

10p ordinary

SWAP

Decreasing Short

85,622

3.5258  GBP

10p ordinary

CFD

Decreasing Short

92,306

3.5059  GBP

10p ordinary

SWAP

Decreasing Short

170,518

3.5269  GBP

10p ordinary

SWAP

Decreasing Short

182,948

3.5273  GBP

10p ordinary

SWAP

Decreasing Short

250,000

3.5582  GBP

10p ordinary

SWAP

Decreasing Short

500,000

3.5742  GBP

10p ordinary

SWAP

Increasing Long

6,504

3.5687  GBP

10p ordinary

SWAP

Increasing Short

526

3.5660  GBP

10p ordinary

CFD

Increasing Short

1,078

3.5059  GBP

10p ordinary

CFD

Increasing Short

1,526

3.5417  GBP

10p ordinary

SWAP

Increasing Short

2,118

3.5695  GBP

10p ordinary

SWAP

Increasing Short

3,067

3.5366  GBP

10p ordinary

CFD

Increasing Short

3,820

3.5060  GBP

10p ordinary

CFD

Increasing Short

5,847

3.5919  GBP

10p ordinary

SWAP

Increasing Short

6,134

3.5276  GBP

10p ordinary

SWAP

Increasing Short

9,155

3.5207  GBP

10p ordinary

CFD

Increasing Short

14,332

3.5361  GBP

10p ordinary

CFD

Increasing Short

36,117

3.5063  GBP

10p ordinary

SWAP

Increasing Short

97,007

3.5268  GBP

10p ordinary

SWAP

Increasing Short

574,067

3.5060  GBP

10p ordinary

SWAP

Opening Short

39,366

3.5691  GBP

10p ordinary

SWAP

Opening Short

40,472

3.5060  GBP

10p ordinary

SWAP

Opening Short

79,838

3.5319  GBP

10p ordinary

SWAP

Opening Short

310,828

3.5171  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:

14 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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