Form 8.3 - DS SMITH PLC
Source: RNS![](https://tracker.live.rns-distribution.com/track.live-rns/5193963_d9353a075fe0b610698e373da828b7e4.png)
FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
DS SMITH PLC |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
21 May 2024 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
YES: |
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disclosures in respect of any other party to the offer? |
INTERNATIONAL PAPER COMPANY |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing(if any) |
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Class of relevant security: |
10p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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26,900,392 |
1.95% |
19,338,458 |
1.40% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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8,162,376 |
0.59% |
25,377,579 |
1.84% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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35,062,768 |
2.54% |
44,716,037 |
3.24% |
(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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10p ordinary |
Purchase |
552,677 |
3.6826 GBP |
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10p ordinary |
Purchase |
527,150 |
3.6750 GBP |
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10p ordinary |
Purchase |
249,206 |
3.6888 GBP |
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10p ordinary |
Purchase |
206,663 |
3.6718 GBP |
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10p ordinary |
Purchase |
186,673 |
3.6825 GBP |
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10p ordinary |
Purchase |
158,720 |
3.6874 GBP |
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10p ordinary |
Purchase |
117,815 |
3.6740 GBP |
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10p ordinary |
Purchase |
107,044 |
3.6846 GBP |
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10p ordinary |
Purchase |
100,000 |
3.6749 GBP |
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10p ordinary |
Purchase |
92,039 |
3.6837 GBP |
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10p ordinary |
Purchase |
85,889 |
3.6720 GBP |
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10p ordinary |
Purchase |
68,850 |
3.7570 GBP |
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10p ordinary |
Purchase |
32,565 |
3.6823 GBP |
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10p ordinary |
Purchase |
30,122 |
3.6844 GBP |
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10p ordinary |
Purchase |
23,926 |
3.6851 GBP |
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10p ordinary |
Purchase |
16,536 |
3.6780 GBP |
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10p ordinary |
Purchase |
12,633 |
3.6824 GBP |
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10p ordinary |
Purchase |
11,072 |
3.6792 GBP |
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10p ordinary |
Purchase |
9,086 |
3.6746 GBP |
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10p ordinary |
Purchase |
8,112 |
3.6806 GBP |
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10p ordinary |
Purchase |
7,063 |
3.6809 GBP |
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10p ordinary |
Purchase |
6,551 |
3.6786 GBP |
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10p ordinary |
Purchase |
4,619 |
3.6859 GBP |
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10p ordinary |
Purchase |
3,983 |
3.6758 GBP |
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10p ordinary |
Purchase |
3,095 |
3.6766 GBP |
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10p ordinary |
Purchase |
2,722 |
3.6890 GBP |
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10p ordinary |
Purchase |
2,510 |
3.6849 GBP |
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10p ordinary |
Purchase |
2,088 |
3.6781 GBP |
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10p ordinary |
Purchase |
1,651 |
3.6840 GBP |
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10p ordinary |
Purchase |
1,335 |
3.6951 GBP |
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10p ordinary |
Purchase |
1,307 |
3.6920 GBP |
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10p ordinary |
Purchase |
1,212 |
3.6820 GBP |
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10p ordinary |
Purchase |
1,027 |
3.7020 GBP |
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10p ordinary |
Purchase |
898 |
3.6600 GBP |
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10p ordinary |
Purchase |
311 |
3.6814 GBP |
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10p ordinary |
Purchase |
156 |
3.6940 GBP |
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10p ordinary |
Purchase |
16 |
3.6709 GBP |
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10p ordinary |
Sale |
439,930 |
3.6720 GBP |
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10p ordinary |
Sale |
250,827 |
3.6749 GBP |
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10p ordinary |
Sale |
185,868 |
3.6733 GBP |
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10p ordinary |
Sale |
127,090 |
3.6772 GBP |
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10p ordinary |
Sale |
95,894 |
3.6890 GBP |
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10p ordinary |
Sale |
40,755 |
3.6849 GBP |
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10p ordinary |
Sale |
37,849 |
3.6889 GBP |
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10p ordinary |
Sale |
33,426 |
3.6941 GBP |
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10p ordinary |
Sale |
32,629 |
3.6861 GBP |
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10p ordinary |
Sale |
25,558 |
3.6700 GBP |
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10p ordinary |
Sale |
25,362 |
3.6884 GBP |
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10p ordinary |
Sale |
13,148 |
3.6887 GBP |
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10p ordinary |
Sale |
5,950 |
3.6793 GBP |
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10p ordinary |
Sale |
4,665 |
3.6883 GBP |
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10p ordinary |
Sale |
3,803 |
3.6936 GBP |
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10p ordinary |
Sale |
3,137 |
3.6847 GBP |
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10p ordinary |
Sale |
2,956 |
3.6920 GBP |
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10p ordinary |
Sale |
2,621 |
3.6825 GBP |
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10p ordinary |
Sale |
2,500 |
3.6786 GBP |
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10p ordinary |
Sale |
2,100 |
3.6800 GBP |
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10p ordinary |
Sale |
1,894 |
3.6713 GBP |
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10p ordinary |
Sale |
1,685 |
3.6898 GBP |
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10p ordinary |
Sale |
1,665 |
3.6828 GBP |
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10p ordinary |
Sale |
1,307 |
3.6921 GBP |
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10p ordinary |
Sale |
1,212 |
3.6820 GBP |
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10p ordinary |
Sale |
1,027 |
3.7020 GBP |
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10p ordinary |
Sale |
921 |
3.6791 GBP |
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10p ordinary |
Sale |
880 |
3.6780 GBP |
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10p ordinary |
Sale |
713 |
3.6840 GBP |
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10p ordinary |
Sale |
525 |
3.6680 GBP |
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10p ordinary |
Sale |
524 |
3.6773 GBP |
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10p ordinary |
Sale |
379 |
3.6860 GBP |
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10p ordinary |
Sale |
95 |
3.6830 GBP |
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10p ordinary |
Sale |
39 |
3.6709 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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10p ordinary |
SWAP |
Closing Short |
6,791 |
3.6720 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
156 |
3.6940 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
92,039 |
3.6837 GBP |
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10p ordinary |
CFD |
Decreasing Short |
10 |
3.7140 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
524 |
3.6773 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
3,803 |
3.6937 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
14,795 |
3.6851 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
40,755 |
3.6849 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
64,770 |
3.6812 GBP |
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10p ordinary |
CFD |
Decreasing Short |
84,462 |
3.6719 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
127,090 |
3.6772 GBP |
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10p ordinary |
CFD |
Decreasing Short |
261,443 |
3.6720 GBP |
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10p ordinary |
SWAP |
Increasing Long |
921 |
3.6791 GBP |
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10p ordinary |
CFD |
Increasing Short |
138 |
3.6720 GBP |
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10p ordinary |
SWAP |
Increasing Short |
473 |
3.6920 GBP |
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10p ordinary |
CFD |
Increasing Short |
1,212 |
3.6819 GBP |
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10p ordinary |
SWAP |
Increasing Short |
1,335 |
3.6951 GBP |
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10p ordinary |
SWAP |
Increasing Short |
4,619 |
3.6859 GBP |
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10p ordinary |
CFD |
Increasing Short |
30,187 |
3.6728 GBP |
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10p ordinary |
SWAP |
Increasing Short |
70,444 |
3.6837 GBP |
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10p ordinary |
SWAP |
Increasing Short |
97,890 |
3.6844 GBP |
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10p ordinary |
SWAP |
Increasing Short |
100,000 |
3.6749 GBP |
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10p ordinary |
SWAP |
Increasing Short |
158,720 |
3.6874 GBP |
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10p ordinary |
SWAP |
Increasing Short |
186,673 |
3.6825 GBP |
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10p ordinary |
SWAP |
Increasing Short |
360,639 |
3.6720 GBP |
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10p ordinary |
SWAP |
Increasing Short |
552,677 |
3.6826 GBP |
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10p ordinary |
SWAP |
Opening Long |
13,317 |
3.6818 GBP |
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10p ordinary |
SWAP |
Opening Short |
211,000 |
3.6789 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
of |
description |
purchasing, |
of |
price |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
22 May 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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