RNS Number : 0909Q
Barclays PLC
13 December 2024
 

FORM 8.3 - Amendment to 2a and 3a
Replaces form Released at 27/11/2024 14:56 11:20 RNS Number : 9058N

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:

26 Nov 2024

(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:

32,473,686

2.35%

23,856,030

1.72%

(2) Cash-settled derivatives:

12,306,818

0.89%

30,668,477

2.22%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

44,780,504

3.24%

54,524,507

3.94%

(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

541,377

5.9400  GBP

10p ordinary

Purchase

394,023

5.9594  GBP

10p ordinary

Purchase

330,000

5.9422  GBP

10p ordinary

Purchase

150,331

5.9397  GBP

10p ordinary

Purchase

147,796

5.9414  GBP

10p ordinary

Purchase

91,789

5.9299  GBP

10p ordinary

Purchase

88,014

5.9524  GBP

10p ordinary

Purchase

72,000

5.9819  GBP

10p ordinary

Purchase

51,500

5.9374  GBP

10p ordinary

Purchase

50,000

5.9826  GBP

10p ordinary

Purchase

25,812

5.9457  GBP

10p ordinary

Purchase

24,392

5.9489  GBP

10p ordinary

Purchase

18,044

5.9116  GBP

10p ordinary

Purchase

10,998

5.9817  GBP

10p ordinary

Purchase

9,987

5.9360  GBP

10p ordinary

Purchase

6,570

5.9534  GBP

10p ordinary

Purchase

5,934

5.9370  GBP

10p ordinary

Purchase

5,884

5.9100  GBP

10p ordinary

Purchase

3,743

5.9900  GBP

10p ordinary

Purchase

3,398

5.9150  GBP

10p ordinary

Purchase

2,907

5.9364  GBP

10p ordinary

Purchase

2,507

5.9349  GBP

10p ordinary

Purchase

2,359

5.9756  GBP

10p ordinary

Purchase

2,340

5.9800  GBP

10p ordinary

Purchase

2,137

5.9443  GBP

10p ordinary

Purchase

2,038

5.9166  GBP

10p ordinary

Purchase

2,031

5.9000  GBP

10p ordinary

Purchase

2,023

5.9425  GBP

10p ordinary

Purchase

1,999

5.9296  GBP

10p ordinary

Purchase

1,884

5.9281  GBP

10p ordinary

Purchase

1,705

5.9257  GBP

10p ordinary

Purchase

1,671

6.0000  GBP

10p ordinary

Purchase

1,662

5.9835  GBP

10p ordinary

Purchase

1,055

5.9850  GBP

10p ordinary

Purchase

1,035

5.9178  GBP

10p ordinary

Purchase

890

5.9550  GBP

10p ordinary

Purchase

889

5.9651  GBP

10p ordinary

Purchase

882

5.9350  GBP

10p ordinary

Purchase

802

6.0150  GBP

10p ordinary

Purchase

747

5.9750  GBP

10p ordinary

Purchase

736

5.9175  GBP

10p ordinary

Purchase

353

5.9351  GBP

10p ordinary

Purchase

305

5.9401  GBP

10p ordinary

Purchase

94

5.9950  GBP

10p ordinary

Purchase

60

5.9369  GBP

10p ordinary

Purchase

43

5.9544  GBP

10p ordinary

Sale

434,715

5.9376  GBP

10p ordinary

Sale

431,681

5.9400  GBP

10p ordinary

Sale

394,023

5.9594  GBP

10p ordinary

Sale

203,247

5.9844  GBP

10p ordinary

Sale

83,712

5.9495  GBP

10p ordinary

Sale

67,766

5.9430  GBP

10p ordinary

Sale

55,323

5.9440  GBP

10p ordinary

Sale

47,830

5.9433  GBP

10p ordinary

Sale

29,593

5.9342  GBP

10p ordinary

Sale

27,108

5.9703  GBP

10p ordinary

Sale

23,556

5.9468  GBP

10p ordinary

Sale

20,549

5.9388  GBP

10p ordinary

Sale

18,813

5.9857  GBP

10p ordinary

Sale

18,743

5.9833  GBP

10p ordinary

Sale

18,596

5.9438  GBP

10p ordinary

Sale

13,998

5.9481  GBP

10p ordinary

Sale

11,301

5.9531  GBP

10p ordinary

Sale

9,274

5.9768  GBP

10p ordinary

Sale

7,952

5.9425  GBP

10p ordinary

Sale

6,747

5.9100  GBP

10p ordinary

Sale

6,393

5.9379  GBP

10p ordinary

Sale

6,049

5.9385  GBP

10p ordinary

Sale

5,973

5.9611  GBP

10p ordinary

Sale

5,917

5.9161  GBP

10p ordinary

Sale

5,546

5.9519  GBP

10p ordinary

Sale

5,286

5.9420  GBP

10p ordinary

Sale

5,068

5.9826  GBP

10p ordinary

Sale

4,649

5.9427  GBP

10p ordinary

Sale

4,417

5.9653  GBP

10p ordinary

Sale

4,413

5.9613  GBP

10p ordinary

Sale

3,398

5.9150  GBP

10p ordinary

Sale

2,996

5.9275  GBP

10p ordinary

Sale

2,888

5.9550  GBP

10p ordinary

Sale

2,606

5.9103  GBP

10p ordinary

Sale

2,518

5.9396  GBP

10p ordinary

Sale

2,308

5.9200  GBP

10p ordinary

Sale

2,077

5.9665  GBP

10p ordinary

Sale

1,969

5.9579  GBP

10p ordinary

Sale

1,920

5.9626  GBP

10p ordinary

Sale

1,671

6.0000  GBP

10p ordinary

Sale

1,583

5.9659  GBP

10p ordinary

Sale

1,534

5.9794  GBP

10p ordinary

Sale

1,515

5.9232  GBP

10p ordinary

Sale

1,464

5.9676  GBP

10p ordinary

Sale

1,165

5.9529  GBP

10p ordinary

Sale

990

5.9339  GBP

10p ordinary

Sale

988

5.9281  GBP

10p ordinary

Sale

922

5.9500  GBP

10p ordinary

Sale

882

5.9350  GBP

10p ordinary

Sale

802

6.0150  GBP

10p ordinary

Sale

747

5.9750  GBP

10p ordinary

Sale

627

5.9575  GBP

10p ordinary

Sale

554

5.9850  GBP

10p ordinary

Sale

471

5.9175  GBP

10p ordinary

Sale

336

5.9483  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

Decreasing Short

203,247

5.9844  USD

10p ordinary

SWAP

Increasing Short

25,554

5.9458  GBP

10p ordinary

SWAP

Decreasing Short

14

5.9100  GBP

10p ordinary

SWAP

Decreasing Short

988

5.9281  GBP

10p ordinary

SWAP

Decreasing Short

11,432

5.9309  GBP

10p ordinary

SWAP

Decreasing Short

20,549

5.9388  GBP

10p ordinary

SWAP

Decreasing Short

2,518

5.9396  GBP

10p ordinary

SWAP

Decreasing Short

314,438

5.9400  GBP

10p ordinary

SWAP

Decreasing Short

67,766

5.9430  GBP

10p ordinary

SWAP

Decreasing Short

21,768

5.9438  GBP

10p ordinary

SWAP

Decreasing Short

83,712

5.9495  GBP

10p ordinary

SWAP

Decreasing Short

27,108

5.9703  GBP

10p ordinary

SWAP

Decreasing Short

9,274

5.9768  GBP

10p ordinary

SWAP

Increasing Short

1,999

5.9296  GBP

10p ordinary

SWAP

Increasing Short

2,507

5.9348  GBP

10p ordinary

SWAP

Increasing Short

8,597

5.9355  GBP

10p ordinary

SWAP

Increasing Short

2,907

5.9364  GBP

10p ordinary

SWAP

Increasing Short

51,500

5.9373  GBP

10p ordinary

SWAP

Increasing Short

24,172

5.9382  GBP

10p ordinary

SWAP

Increasing Short

124,678

5.9397  GBP

10p ordinary

SWAP

Increasing Short

30,505

5.9399  GBP

10p ordinary

SWAP

Increasing Short

1,164

5.9400  GBP

10p ordinary

SWAP

Increasing Short

2,023

5.9425  GBP

10p ordinary

SWAP

Increasing Short

24,392

5.9489  GBP

10p ordinary

SWAP

Increasing Short

400,000

5.9500  USD

10p ordinary

SWAP

Increasing Short

72,000

5.9819  USD

10p ordinary

SWAP

Increasing Short

460,000

6.0093  USD

10p ordinary

CFD

Decreasing Short

2,227

5.9100  GBP

10p ordinary

CFD

Decreasing Short

11,097

5.9133  GBP

10p ordinary

CFD

Decreasing Short

215

5.9400  GBP

10p ordinary

CFD

Increasing Short

112,981

5.9400  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:

13 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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