Form 8.3 - Smith (DS) plc
Source: RNS
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: |
22 May 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: |
|
|
27,096,755 |
1.96% |
19,673,876 |
1.43% |
(2) |
Cash-settled derivatives: |
|
|
|
|
||
|
and/or controlled: |
|
|
8,475,804 |
0.61% |
25,735,000 |
1.87% |
(3) |
Stock-settled derivatives (including options) |
|
|
|
|
||
|
and agreements to purchase/sell: |
|
|
0 |
0.00% |
0 |
0.00% |
|
|
|
|
|
|
|
|
|
TOTAL: |
|
|
35,572,559 |
2.58% |
45,408,876 |
3.29% |
(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 |
547,562 |
3.7680 GBP |
||||
10p ordinary |
Purchase |
450,000 |
3.7343 GBP |
||||
10p ordinary |
Purchase |
344,803 |
3.7585 GBP |
||||
10p ordinary |
Purchase |
144,781 |
3.7355 GBP |
||||
10p ordinary |
Purchase |
129,918 |
3.7060 GBP |
||||
10p ordinary |
Purchase |
126,175 |
3.7080 GBP |
||||
10p ordinary |
Purchase |
125,000 |
3.7085 GBP |
||||
10p ordinary |
Purchase |
125,000 |
3.7087 GBP |
||||
10p ordinary |
Purchase |
125,000 |
3.6927 GBP |
||||
10p ordinary |
Purchase |
125,000 |
3.6928 GBP |
||||
10p ordinary |
Purchase |
125,000 |
3.7119 GBP |
||||
10p ordinary |
Purchase |
125,000 |
3.6963 GBP |
||||
10p ordinary |
Purchase |
125,000 |
3.7100 GBP |
||||
10p ordinary |
Purchase |
84,312 |
3.7109 GBP |
||||
10p ordinary |
Purchase |
70,973 |
3.6884 GBP |
||||
10p ordinary |
Purchase |
65,564 |
3.7466 GBP |
||||
10p ordinary |
Purchase |
43,185 |
3.7360 GBP |
||||
10p ordinary |
Purchase |
28,755 |
3.7357 GBP |
||||
10p ordinary |
Purchase |
24,771 |
3.7241 GBP |
||||
10p ordinary |
Purchase |
23,259 |
3.7361 GBP |
||||
10p ordinary |
Purchase |
20,117 |
3.7312 GBP |
||||
10p ordinary |
Purchase |
19,275 |
3.7370 GBP |
||||
10p ordinary |
Purchase |
19,071 |
3.6944 GBP |
||||
10p ordinary |
Purchase |
18,699 |
3.7368 GBP |
||||
10p ordinary |
Purchase |
17,800 |
3.7341 GBP |
||||
10p ordinary |
Purchase |
16,869 |
3.7464 GBP |
||||
10p ordinary |
Purchase |
12,070 |
3.6733 GBP |
||||
10p ordinary |
Purchase |
11,326 |
3.7383 GBP |
||||
10p ordinary |
Purchase |
8,325 |
3.7261 GBP |
||||
10p ordinary |
Purchase |
6,075 |
3.7338 GBP |
||||
10p ordinary |
Purchase |
5,799 |
3.6871 GBP |
||||
10p ordinary |
Purchase |
5,294 |
3.6899 GBP |
||||
10p ordinary |
Purchase |
3,867 |
3.7253 GBP |
||||
10p ordinary |
Purchase |
3,484 |
3.7400 GBP |
||||
10p ordinary |
Purchase |
2,442 |
3.6814 GBP |
||||
10p ordinary |
Purchase |
1,513 |
3.6900 GBP |
||||
10p ordinary |
Purchase |
1,483 |
3.6904 GBP |
||||
10p ordinary |
Purchase |
1,085 |
3.7440 GBP |
||||
10p ordinary |
Purchase |
905 |
3.7449 GBP |
||||
10p ordinary |
Purchase |
780 |
3.6740 GBP |
||||
10p ordinary |
Purchase |
771 |
3.6660 GBP |
||||
10p ordinary |
Purchase |
762 |
3.7180 GBP |
||||
10p ordinary |
Purchase |
725 |
3.6400 GBP |
||||
10p ordinary |
Purchase |
601 |
3.7040 GBP |
||||
10p ordinary |
Purchase |
485 |
3.6960 GBP |
||||
10p ordinary |
Purchase |
400 |
3.7510 GBP |
||||
10p ordinary |
Purchase |
301 |
3.7320 GBP |
||||
10p ordinary |
Purchase |
1 |
3.7669 GBP |
||||
10p ordinary |
Sale |
1,963,795 |
3.7648 GBP |
||||
10p ordinary |
Sale |
589,838 |
3.7291 GBP |
||||
10p ordinary |
Sale |
315,661 |
3.7063 GBP |
||||
10p ordinary |
Sale |
306,027 |
3.7015 GBP |
||||
10p ordinary |
Sale |
239,045 |
3.7375 GBP |
||||
10p ordinary |
Sale |
236,559 |
3.7078 GBP |
||||
10p ordinary |
Sale |
232,638 |
3.7677 GBP |
||||
10p ordinary |
Sale |
232,369 |
3.6460 GBP |
||||
10p ordinary |
Sale |
129,639 |
3.7293 GBP |
||||
10p ordinary |
Sale |
108,020 |
3.7680 GBP |
||||
10p ordinary |
Sale |
88,807 |
3.7401 GBP |
||||
10p ordinary |
Sale |
87,317 |
3.7382 GBP |
||||
10p ordinary |
Sale |
86,465 |
3.6965 GBP |
||||
10p ordinary |
Sale |
81,422 |
3.7359 GBP |
||||
10p ordinary |
Sale |
74,976 |
3.7119 GBP |
||||
10p ordinary |
Sale |
43,778 |
3.7286 GBP |
||||
10p ordinary |
Sale |
42,772 |
3.7273 GBP |
||||
10p ordinary |
Sale |
27,190 |
3.7239 GBP |
||||
10p ordinary |
Sale |
14,040 |
3.6994 GBP |
||||
10p ordinary |
Sale |
12,651 |
3.6952 GBP |
||||
10p ordinary |
Sale |
11,379 |
3.7068 GBP |
||||
10p ordinary |
Sale |
8,626 |
3.6960 GBP |
||||
10p ordinary |
Sale |
7,342 |
3.6976 GBP |
||||
10p ordinary |
Sale |
7,284 |
3.7396 GBP |
||||
10p ordinary |
Sale |
4,792 |
3.7175 GBP |
||||
10p ordinary |
Sale |
4,155 |
3.6980 GBP |
||||
10p ordinary |
Sale |
3,998 |
3.6892 GBP |
||||
10p ordinary |
Sale |
3,514 |
3.7115 GBP |
||||
10p ordinary |
Sale |
3,225 |
3.7200 GBP |
||||
10p ordinary |
Sale |
3,188 |
3.6920 GBP |
||||
10p ordinary |
Sale |
2,507 |
3.6702 GBP |
||||
10p ordinary |
Sale |
2,371 |
3.6808 GBP |
||||
10p ordinary |
Sale |
2,069 |
3.7080 GBP |
||||
10p ordinary |
Sale |
1,513 |
3.6900 GBP |
||||
10p ordinary |
Sale |
1,369 |
3.7400 GBP |
||||
10p ordinary |
Sale |
1,020 |
3.6500 GBP |
||||
10p ordinary |
Sale |
787 |
3.6701 GBP |
||||
10p ordinary |
Sale |
780 |
3.6740 GBP |
||||
10p ordinary |
Sale |
771 |
3.6660 GBP |
||||
10p ordinary |
Sale |
763 |
3.7380 GBP |
||||
10p ordinary |
Sale |
762 |
3.7180 GBP |
||||
10p ordinary |
Sale |
754 |
3.7100 GBP |
||||
10p ordinary |
Sale |
725 |
3.6400 GBP |
||||
10p ordinary |
Sale |
722 |
3.7440 GBP |
||||
10p ordinary |
Sale |
601 |
3.7040 GBP |
||||
10p ordinary |
Sale |
446 |
3.7395 GBP |
||||
10p ordinary |
Sale |
48 |
3.7669 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 Long |
363 |
3.7440 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
712 |
3.7537 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
1,426 |
3.7510 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
2,371 |
3.6808 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
3,998 |
3.6892 GBP |
|||
10p ordinary |
CFD |
Decreasing Short |
10,256 |
3.7374 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
50,127 |
3.7386 GBP |
|||
10p ordinary |
CFD |
Decreasing Short |
60,484 |
3.7676 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
64,742 |
3.7328 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
87,317 |
3.7382 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
88,807 |
3.7400 GBP |
|||
10p ordinary |
CFD |
Decreasing Short |
94,719 |
3.7680 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
232,025 |
3.7498 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
589,838 |
3.7291 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
604,712 |
3.7680 GBP |
|||
10p ordinary |
SWAP |
Decreasing Short |
613,148 |
3.7680 GBP |
|||
10p ordinary |
SWAP |
Increasing Long |
81,422 |
3.7359 GBP |
|||
10p ordinary |
SWAP |
Increasing Long |
232,369 |
3.6460 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
301 |
3.7320 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
389 |
3.6400 GBP |
|||
10p ordinary |
CFD |
Increasing Short |
394 |
3.7680 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
400 |
3.7510 GBP |
|||
10p ordinary |
CFD |
Increasing Short |
725 |
3.6400 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
905 |
3.7449 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
4,190 |
3.7680 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
4,631 |
3.6812 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
8,904 |
3.6903 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
16,869 |
3.7464 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
19,071 |
3.6944 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
21,288 |
3.6884 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
49,685 |
3.6884 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
63,648 |
3.7337 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
65,564 |
3.7466 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
84,312 |
3.7109 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
135,000 |
3.7343 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
149,827 |
3.7356 GBP |
|||
10p ordinary |
SWAP |
Increasing Short |
315,000 |
3.7343 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: |
23 May 2024 |
||||||
Contact name: |
Large Holdings Regulatory Operations |
||||||
Telephone number: |
020 3134 7213 |
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.