RNS Number : 8284I
Barclays PLC
18 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:

17 Oct 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:

 

 

26,256,314

1.90%

25,296,858

1.83%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

11,512,771

0.83%

25,499,257

1.85%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

37,769,085

2.73%

50,796,115

3.68%

(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

378,290

4.6280  GBP

10p ordinary

Purchase

333,011

4.6233  GBP

10p ordinary

Purchase

253,817

4.6400  GBP

10p ordinary

Purchase

141,884

4.6596  GBP

10p ordinary

Purchase

108,845

4.6200  GBP

10p ordinary

Purchase

107,466

4.6095  GBP

10p ordinary

Purchase

72,292

4.6112  GBP

10p ordinary

Purchase

69,615

4.6277  GBP

10p ordinary

Purchase

56,141

4.6241  GBP

10p ordinary

Purchase

46,083

4.6412  GBP

10p ordinary

Purchase

34,233

4.6183  GBP

10p ordinary

Purchase

32,633

4.6130  GBP

10p ordinary

Purchase

32,631

4.6242  GBP

10p ordinary

Purchase

28,170

4.6019  GBP

10p ordinary

Purchase

24,650

4.6898  GBP

10p ordinary

Purchase

24,457

4.5965  GBP

10p ordinary

Purchase

24,064

4.6809  GBP

10p ordinary

Purchase

23,615

4.5940  GBP

10p ordinary

Purchase

21,964

4.6186  GBP

10p ordinary

Purchase

20,686

4.6182  GBP

10p ordinary

Purchase

19,064

4.6431  GBP

10p ordinary

Purchase

17,382

4.6110  GBP

10p ordinary

Purchase

16,675

4.6053  GBP

10p ordinary

Purchase

15,597

4.6315  GBP

10p ordinary

Purchase

14,220

4.5990  GBP

10p ordinary

Purchase

8,444

4.6290  GBP

10p ordinary

Purchase

7,969

4.6147  GBP

10p ordinary

Purchase

7,812

4.6025  GBP

10p ordinary

Purchase

7,691

4.6722  GBP

10p ordinary

Purchase

6,189

4.6409  GBP

10p ordinary

Purchase

5,880

4.6415  GBP

10p ordinary

Purchase

5,769

4.6933  GBP

10p ordinary

Purchase

5,646

4.5959  GBP

10p ordinary

Purchase

5,216

4.6748  GBP

10p ordinary

Purchase

4,594

4.6031  GBP

10p ordinary

Purchase

3,702

4.6039  GBP

10p ordinary

Purchase

3,411

4.6038  GBP

10p ordinary

Purchase

3,243

4.6047  GBP

10p ordinary

Purchase

2,896

4.6016  GBP

10p ordinary

Purchase

2,525

4.6353  GBP

10p ordinary

Purchase

2,174

4.5920  GBP

10p ordinary

Purchase

2,130

4.6319  GBP

10p ordinary

Purchase

1,727

4.6180  GBP

10p ordinary

Purchase

1,505

4.5906  GBP

10p ordinary

Purchase

1,452

4.6254  GBP

10p ordinary

Purchase

1,402

4.6141  GBP

10p ordinary

Purchase

687

4.5910  GBP

10p ordinary

Purchase

685

4.6220  GBP

10p ordinary

Purchase

597

4.6068  GBP

10p ordinary

Purchase

522

4.6900  GBP

10p ordinary

Purchase

443

4.7120  GBP

10p ordinary

Purchase

312

4.5720  GBP

10p ordinary

Purchase

236

4.6120  GBP

10p ordinary

Purchase

33

4.6140  GBP

10p ordinary

Sale

255,081

4.6280  GBP

10p ordinary

Sale

242,525

4.5959  GBP

10p ordinary

Sale

242,142

4.6632  GBP

10p ordinary

Sale

102,394

4.6252  GBP

10p ordinary

Sale

92,752

4.6085  GBP

10p ordinary

Sale

71,869

4.6866  GBP

10p ordinary

Sale

46,083

4.6412  GBP

10p ordinary

Sale

36,981

4.6084  GBP

10p ordinary

Sale

30,530

4.6805  GBP

10p ordinary

Sale

30,253

4.6727  GBP

10p ordinary

Sale

28,170

4.6019  GBP

10p ordinary

Sale

22,315

4.6283  GBP

10p ordinary

Sale

19,652

4.6183  GBP

10p ordinary

Sale

19,586

4.6444  GBP

10p ordinary

Sale

18,013

4.6270  GBP

10p ordinary

Sale

17,496

4.6302  GBP

10p ordinary

Sale

17,471

4.6305  GBP

10p ordinary

Sale

13,920

4.6239  GBP

10p ordinary

Sale

13,072

4.6137  GBP

10p ordinary

Sale

11,850

4.6143  GBP

10p ordinary

Sale

8,459

4.6275  GBP

10p ordinary

Sale

8,361

4.5960  GBP

10p ordinary

Sale

7,969

4.6147  GBP

10p ordinary

Sale

7,901

4.6583  GBP

10p ordinary

Sale

7,812

4.6025  GBP

10p ordinary

Sale

7,691

4.6722  GBP

10p ordinary

Sale

7,123

4.6193  GBP

10p ordinary

Sale

6,694

4.6210  GBP

10p ordinary

Sale

6,471

4.6149  GBP

10p ordinary

Sale

6,306

4.6024  GBP

10p ordinary

Sale

6,210

4.6061  GBP

10p ordinary

Sale

5,216

4.6748  GBP

10p ordinary

Sale

4,630

4.6121  GBP

10p ordinary

Sale

3,647

4.6375  GBP

10p ordinary

Sale

3,412

4.6028  GBP

10p ordinary

Sale

3,243

4.6047  GBP

10p ordinary

Sale

3,117

4.6372  GBP

10p ordinary

Sale

2,990

4.6290  GBP

10p ordinary

Sale

2,896

4.6016  GBP

10p ordinary

Sale

2,864

4.6190  GBP

10p ordinary

Sale

2,528

4.6213  GBP

10p ordinary

Sale

2,525

4.6353  GBP

10p ordinary

Sale

2,357

4.6072  GBP

10p ordinary

Sale

2,108

4.6387  GBP

10p ordinary

Sale

1,972

4.6040  GBP

10p ordinary

Sale

1,962

4.6133  GBP

10p ordinary

Sale

1,882

4.6224  GBP

10p ordinary

Sale

1,727

4.6180  GBP

10p ordinary

Sale

1,655

4.6268  GBP

10p ordinary

Sale

1,329

4.6094  GBP

10p ordinary

Sale

1,287

4.6208  GBP

10p ordinary

Sale

1,034

4.6160  GBP

10p ordinary

Sale

929

4.6386  GBP

10p ordinary

Sale

895

4.6020  GBP

10p ordinary

Sale

706

4.6200  GBP

10p ordinary

Sale

537

4.6291  GBP

10p ordinary

Sale

443

4.7120  GBP

10p ordinary

Sale

33

4.6140  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

2,060

4.5929  GBP

10p ordinary

SWAP

Decreasing Short

242,525

4.5959  GBP

10p ordinary

SWAP

Decreasing Short

208

4.6193  GBP

10p ordinary

SWAP

Decreasing Short

18,013

4.6270  GBP

10p ordinary

SWAP

Decreasing Short

537

4.6291  GBP

10p ordinary

SWAP

Decreasing Short

17,496

4.6302  GBP

10p ordinary

SWAP

Decreasing Short

17,471

4.6305  GBP

10p ordinary

SWAP

Decreasing Short

14,886

4.6312  GBP

10p ordinary

SWAP

Decreasing Short

3,117

4.6372  GBP

10p ordinary

SWAP

Decreasing Short

3,647

4.6375  GBP

10p ordinary

SWAP

Increasing Short

40,397

4.5944  GBP

10p ordinary

SWAP

Increasing Short

5,646

4.5959  GBP

10p ordinary

SWAP

Increasing Short

24,457

4.5965  GBP

10p ordinary

SWAP

Increasing Short

3,702

4.6039  GBP

10p ordinary

SWAP

Increasing Short

597

4.6068  GBP

10p ordinary

SWAP

Increasing Short

32,633

4.6130  GBP

10p ordinary

SWAP

Increasing Short

108,139

4.6200  GBP

10p ordinary

SWAP

Increasing Short

40,640

4.6212  GBP

10p ordinary

SWAP

Increasing Short

47,154

4.6260  GBP

10p ordinary

SWAP

Increasing Short

77,069

4.6277  GBP

10p ordinary

SWAP

Increasing Short

340,201

4.6280  GBP

10p ordinary

SWAP

Increasing Short

39,300

4.6285  GBP

10p ordinary

SWAP

Increasing Short

8,444

4.6290  GBP

10p ordinary

SWAP

Increasing Short

253,817

4.6400  GBP

10p ordinary

CFD

Decreasing Short

36

4.6280  GBP

10p ordinary

CFD

Decreasing Short

1,755

4.6537  GBP

10p ordinary

CFD

Decreasing Short

200,000

4.6747  GBP

10p ordinary

CFD

Decreasing Short

443

4.7120  GBP

10p ordinary

CFD

Increasing Short

73,316

4.6280  GBP

10p ordinary

CFD

Increasing Short

70,015

4.6323  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 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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