Form 8.3 - Smith (DS) plc

Released : Jul 23, 2024

RNS Number : 5209X
Barclays PLC
23 July 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

 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:

22 Jul 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:

35,984,876

2.61%

28,091,122

2.04%

(2) Cash-settled derivatives:

7,656,604

0.55%

35,941,484

2.61%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

43,641,480

3.16%

64,032,606

4.64%

(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

229,588

4.5277  GBP

10p ordinary

Purchase

183,445

4.5180  GBP

10p ordinary

Purchase

122,204

4.5173  GBP

10p ordinary

Purchase

89,573

4.5117  GBP

10p ordinary

Purchase

86,482

4.5119  GBP

10p ordinary

Purchase

52,682

4.5171  GBP

10p ordinary

Purchase

22,817

4.5072  GBP

10p ordinary

Purchase

6,324

4.4940  GBP

10p ordinary

Purchase

5,703

4.5003  GBP

10p ordinary

Purchase

3,922

4.4850  GBP

10p ordinary

Purchase

2,834

4.5251  GBP

10p ordinary

Purchase

2,759

4.4972  GBP

10p ordinary

Purchase

2,568

4.4945  GBP

10p ordinary

Purchase

2,453

4.5049  GBP

10p ordinary

Purchase

1,278

4.4900  GBP

10p ordinary

Purchase

1,171

4.4680  GBP

10p ordinary

Purchase

733

4.5120  GBP

10p ordinary

Purchase

643

4.4920  GBP

10p ordinary

Purchase

643

4.4915  GBP

10p ordinary

Purchase

631

4.4539  GBP

10p ordinary

Purchase

607

4.5260  GBP

10p ordinary

Purchase

535

4.5310  GBP

10p ordinary

Purchase

395

4.4960  GBP

10p ordinary

Purchase

348

4.4820  GBP

10p ordinary

Purchase

153

4.5320  GBP

10p ordinary

Purchase

69

4.4840  GBP

10p ordinary

Sale

302,879

4.5184  GBP

10p ordinary

Sale

232,054

4.5211  GBP

10p ordinary

Sale

112,034

4.5117  GBP

10p ordinary

Sale

73,893

4.5105  GBP

10p ordinary

Sale

49,552

4.5293  GBP

10p ordinary

Sale

45,192

4.5262  GBP

10p ordinary

Sale

43,894

4.5183  GBP

10p ordinary

Sale

39,039

4.5245  GBP

10p ordinary

Sale

34,902

4.5180  GBP

10p ordinary

Sale

29,026

4.5203  GBP

10p ordinary

Sale

26,426

4.4421  GBP

10p ordinary

Sale

22,446

4.5267  GBP

10p ordinary

Sale

20,776

4.5260  GBP

10p ordinary

Sale

13,480

4.5295  GBP

10p ordinary

Sale

9,330

4.5297  GBP

10p ordinary

Sale

6,860

4.5257  GBP

10p ordinary

Sale

4,327

4.5268  GBP

10p ordinary

Sale

3,171

4.4791  GBP

10p ordinary

Sale

2,460

4.5301  GBP

10p ordinary

Sale

1,512

4.5285  GBP

10p ordinary

Sale

1,171

4.4680  GBP

10p ordinary

Sale

643

4.4920  GBP

10p ordinary

Sale

604

4.4560  GBP

(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

10p ordinary

CFD

Decreasing Short

10,287

4.5180  GBP

10p ordinary

CFD

Increasing Short

1,171

4.4680  GBP

10p ordinary

CFD

Increasing Short

69

4.4843  GBP

10p ordinary

CFD

Increasing Short

332

4.5180  GBP

10p ordinary

SWAP

Increasing Long

1,847

4.5172  GBP

10p ordinary

SWAP

Increasing Long

14,325

4.5173  GBP

10p ordinary

SWAP

Decreasing Short

604

4.4560  GBP

10p ordinary

SWAP

Decreasing Short

3,171

4.4791  GBP

10p ordinary

SWAP

Decreasing Short

112,034

4.5117  GBP

10p ordinary

SWAP

Decreasing Short

30,355

4.5175  GBP

10p ordinary

SWAP

Decreasing Short

81,376

4.5180  GBP

10p ordinary

SWAP

Increasing Short

1,200

4.4680  GBP

10p ordinary

SWAP

Increasing Short

348

4.4820  GBP

10p ordinary

SWAP

Increasing Short

3,922

4.4850  GBP

10p ordinary

SWAP

Increasing Short

86,482

4.5119  GBP

10p ordinary

SWAP

Increasing Short

59,656

4.5183  GBP

10p ordinary

SWAP

Increasing Long

29,026

4.5203  GBP

10p ordinary

SWAP

Decreasing Long

5,480

4.5054  GBP

10p ordinary

SWAP

Decreasing Long

17,337

4.5078  GBP

10p ordinary

SWAP

Decreasing Long

30

4.5120  GBP

10p ordinary

SWAP

Decreasing Short

26,426

4.4421  GBP

10p ordinary

SWAP

Decreasing Short

73,893

4.5105  GBP

10p ordinary

SWAP

Decreasing Short

85,327

4.5180  GBP

10p ordinary

SWAP

Increasing Short

631

4.4540  GBP

10p ordinary

SWAP

Increasing Short

37,546

4.5175  GBP

10p ordinary

SWAP

Increasing Short

25,000

4.5180  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:

23 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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