RNS Number : 6296Q
Barclays PLC
18 December 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 Dec 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:



34,499,758

2.50%

16,443,626

1.19%

(2)

Cash-settled derivatives:






and/or controlled:



12,610,829

0.91%

33,376,759

2.42%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



47,110,587

3.41%

49,820,385

3.61%

(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

301,107

5.4477  GBP

10p ordinary

Purchase

256,422

5.4350  GBP

10p ordinary

Purchase

98,859

5.4229  GBP

10p ordinary

Purchase

18,509

5.4376  GBP

10p ordinary

Purchase

16,414

5.4579  GBP

10p ordinary

Purchase

12,048

5.4621  GBP

10p ordinary

Purchase

9,496

5.4502  GBP

10p ordinary

Purchase

7,045

5.4355  GBP

10p ordinary

Purchase

4,113

5.4434  GBP

10p ordinary

Purchase

3,932

5.4413  GBP

10p ordinary

Purchase

2,787

5.4397  GBP

10p ordinary

Purchase

2,409

5.4488  GBP

10p ordinary

Purchase

1,534

5.4400  GBP

10p ordinary

Purchase

1,343

5.4591  GBP

10p ordinary

Purchase

1,144

5.4388  GBP

10p ordinary

Purchase

864

5.4275  GBP

10p ordinary

Purchase

805

5.4383  GBP

10p ordinary

Purchase

642

5.4250  GBP

10p ordinary

Purchase

455

5.4406  GBP

10p ordinary

Purchase

444

5.4384  GBP

10p ordinary

Purchase

296

5.4550  GBP

10p ordinary

Purchase

277

5.4700  GBP

10p ordinary

Purchase

80

5.4356  GBP

10p ordinary

Purchase

1

5.4450  GBP

10p ordinary

Sale

136,124

5.4350  GBP

10p ordinary

Sale

71,630

5.4344  GBP

10p ordinary

Sale

39,181

5.4445  GBP

10p ordinary

Sale

36,918

5.4396  GBP

10p ordinary

Sale

35,995

5.4240  GBP

10p ordinary

Sale

35,600

5.4437  GBP

10p ordinary

Sale

29,163

5.4459  GBP

10p ordinary

Sale

28,233

5.4311  GBP

10p ordinary

Sale

23,150

5.4233  GBP

10p ordinary

Sale

17,404

5.4250  GBP

10p ordinary

Sale

17,311

5.4385  GBP

10p ordinary

Sale

13,763

5.4455  GBP

10p ordinary

Sale

13,054

5.4482  GBP

10p ordinary

Sale

10,216

5.4442  GBP

10p ordinary

Sale

7,045

5.4355  GBP

10p ordinary

Sale

6,373

5.4441  GBP

10p ordinary

Sale

6,241

5.4540  GBP

10p ordinary

Sale

6,185

5.4420  GBP

10p ordinary

Sale

5,857

5.4677  GBP

10p ordinary

Sale

5,420

5.4549  GBP

10p ordinary

Sale

4,994

5.4431  GBP

10p ordinary

Sale

3,495

5.4377  GBP

10p ordinary

Sale

3,346

5.4552  GBP

10p ordinary

Sale

2,819

5.4475  GBP

10p ordinary

Sale

2,199

5.4612  GBP

10p ordinary

Sale

1,745

5.4347  GBP

10p ordinary

Sale

1,319

5.4490  GBP

10p ordinary

Sale

1,273

5.4339  GBP

10p ordinary

Sale

882

5.4427  GBP

10p ordinary

Sale

740

5.4425  GBP

10p ordinary

Sale

671

5.4450  GBP

10p ordinary

Sale

330

5.4400  GBP

10p ordinary

Sale

322

5.4449  GBP

10p ordinary

Sale

277

5.4700  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

Increasing Short

35,793

5.4513  GBP

10p ordinary

SWAP

Decreasing Short

71,630

5.4344  GBP

10p ordinary

SWAP

Decreasing Short

12,068

5.4345  GBP

10p ordinary

SWAP

Decreasing Short

9,158

5.4350  GBP

10p ordinary

SWAP

Decreasing Short

3,495

5.4376  GBP

10p ordinary

SWAP

Decreasing Short

5,900

5.4385  GBP

10p ordinary

SWAP

Decreasing Short

1,464

5.4420  GBP

10p ordinary

SWAP

Decreasing Short

35,600

5.4437  GBP

10p ordinary

SWAP

Decreasing Short

13,531

5.4438  GBP

10p ordinary

SWAP

Decreasing Short

39,181

5.4445  GBP

10p ordinary

SWAP

Decreasing Short

322

5.4449  GBP

10p ordinary

SWAP

Decreasing Short

13,136

5.4460  GBP

10p ordinary

SWAP

Decreasing Short

13,054

5.4482  GBP

10p ordinary

SWAP

Decreasing Short

296

5.4850  GBP

10p ordinary

SWAP

Decreasing Short

73,647

5.5108  GBP

10p ordinary

SWAP

Increasing Short

34,098

5.4350  GBP

10p ordinary

SWAP

Increasing Short

5,840

5.4352  GBP

10p ordinary

SWAP

Increasing Short

80

5.4356  GBP

10p ordinary

SWAP

Increasing Short

1,204

5.4400  GBP

10p ordinary

SWAP

Increasing Short

301,107

5.4477  GBP

10p ordinary

SWAP

Increasing Short

8,914

5.4579  GBP

10p ordinary

SWAP

Increasing Short

500,000

5.4997  GBP

10p ordinary

CFD

Decreasing Short

789

5.4350  GBP

10p ordinary

CFD

Increasing Short

906

5.4457  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 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

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