Form 8.3 - Smith (DS) plc

Barclays PLC
11 September 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:

10 Sep 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:

 

 

32,570,359

2.36%

28,636,766

2.07%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

10,977,491

0.80%

32,170,922

2.33%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

43,547,850

3.16%

60,807,688

4.41%

(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

905,390

4.5171  GBP

10p ordinary

Purchase

263,756

4.5429  GBP

10p ordinary

Purchase

150,000

4.5430  GBP

10p ordinary

Purchase

108,053

4.5250  GBP

10p ordinary

Purchase

80,668

4.5495  GBP

10p ordinary

Purchase

70,000

4.4961  GBP

10p ordinary

Purchase

46,824

4.5440  GBP

10p ordinary

Purchase

45,425

4.5253  GBP

10p ordinary

Purchase

39,893

4.5424  GBP

10p ordinary

Purchase

31,561

4.5441  GBP

10p ordinary

Purchase

28,128

4.5408  GBP

10p ordinary

Purchase

27,210

4.5413  GBP

10p ordinary

Purchase

26,448

4.5261  GBP

10p ordinary

Purchase

7,166

4.5160  GBP

10p ordinary

Purchase

5,837

4.5251  GBP

10p ordinary

Purchase

5,686

4.5308  GBP

10p ordinary

Purchase

5,432

4.5279  GBP

10p ordinary

Purchase

4,975

4.5399  GBP

10p ordinary

Purchase

4,907

4.5221  GBP

10p ordinary

Purchase

4,673

4.5302  GBP

10p ordinary

Purchase

4,650

4.5264  GBP

10p ordinary

Purchase

3,542

4.5480  GBP

10p ordinary

Purchase

3,234

4.5400  GBP

10p ordinary

Purchase

2,711

4.5378  GBP

10p ordinary

Purchase

2,073

4.5453  GBP

10p ordinary

Purchase

1,688

4.5260  GBP

10p ordinary

Purchase

1,397

4.5180  GBP

10p ordinary

Purchase

1,225

4.5265  GBP

10p ordinary

Purchase

1,128

4.5300  GBP

10p ordinary

Purchase

853

4.5280  GBP

10p ordinary

Purchase

789

4.5396  GBP

10p ordinary

Purchase

698

4.5383  GBP

10p ordinary

Purchase

302

4.5382  GBP

10p ordinary

Purchase

233

4.5462  GBP

10p ordinary

Purchase

187

4.5246  GBP

10p ordinary

Purchase

173

4.5313  GBP

10p ordinary

Purchase

127

4.5442  GBP

10p ordinary

Purchase

44

4.5356  GBP

10p ordinary

Purchase

15

4.5336  GBP

10p ordinary

Purchase

12

4.5516  GBP

10p ordinary

Sale

439,000

4.5180  GBP

10p ordinary

Sale

400,000

4.5140  GBP

10p ordinary

Sale

265,181

4.5440  GBP

10p ordinary

Sale

150,000

4.5237  GBP

10p ordinary

Sale

127,683

4.5437  GBP

10p ordinary

Sale

113,125

4.5326  GBP

10p ordinary

Sale

111,226

4.5260  GBP

10p ordinary

Sale

101,793

4.5377  GBP

10p ordinary

Sale

67,965

4.5438  GBP

10p ordinary

Sale

64,242

4.5402  GBP

10p ordinary

Sale

55,613

4.5460  GBP

10p ordinary

Sale

34,293

4.5277  GBP

10p ordinary

Sale

31,693

4.5353  GBP

10p ordinary

Sale

28,953

4.5384  GBP

10p ordinary

Sale

18,786

4.5287  GBP

10p ordinary

Sale

12,665

4.5254  GBP

10p ordinary

Sale

12,533

4.5431  GBP

10p ordinary

Sale

10,298

4.5451  GBP

10p ordinary

Sale

9,473

4.5406  GBP

10p ordinary

Sale

9,065

4.5333  GBP

10p ordinary

Sale

8,886

4.5420  GBP

10p ordinary

Sale

8,505

4.5339  GBP

10p ordinary

Sale

8,375

4.5397  GBP

10p ordinary

Sale

8,356

4.5471  GBP

10p ordinary

Sale

7,061

4.5394  GBP

10p ordinary

Sale

6,398

4.5354  GBP

10p ordinary

Sale

5,694

4.5361  GBP

10p ordinary

Sale

5,459

4.5392  GBP

10p ordinary

Sale

4,011

4.5248  GBP

10p ordinary

Sale

3,340

4.5455  GBP

10p ordinary

Sale

2,462

4.5160  GBP

10p ordinary

Sale

2,246

4.5167  GBP

10p ordinary

Sale

2,219

4.5340  GBP

10p ordinary

Sale

2,085

4.5278  GBP

10p ordinary

Sale

1,877

4.5540  GBP

10p ordinary

Sale

1,684

4.5313  GBP

10p ordinary

Sale

1,642

4.5467  GBP

10p ordinary

Sale

1,357

4.5305  GBP

10p ordinary

Sale

1,183

4.5320  GBP

10p ordinary

Sale

853

4.5280  GBP

10p ordinary

Sale

823

4.5198  GBP

10p ordinary

Sale

606

4.5310  GBP

10p ordinary

Sale

381

4.5520  GBP

10p ordinary

Sale

173

4.5317  GBP

10p ordinary

Sale

136

4.5492  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

16,592

4.5357  GBP

10p ordinary

SWAP

Decreasing Short

4,011

4.5248  GBP

10p ordinary

SWAP

Decreasing Short

2,085

4.5278  GBP

10p ordinary

SWAP

Decreasing Short

113,125

4.5326  GBP

10p ordinary

SWAP

Decreasing Short

16,100

4.5352  GBP

10p ordinary

SWAP

Decreasing Short

17,351

4.5363  GBP

10p ordinary

SWAP

Decreasing Short

98,619

4.5377  USD

10p ordinary

SWAP

Decreasing Short

64,242

4.5402  GBP

10p ordinary

SWAP

Decreasing Short

32,573

4.5434  GBP

10p ordinary

SWAP

Decreasing Short

33,553

4.5440  GBP

10p ordinary

SWAP

Increasing Short

70,000

4.4770  USD

10p ordinary

SWAP

Increasing Short

2

4.5140  GBP

10p ordinary

SWAP

Increasing Short

5,837

4.5251  GBP

10p ordinary

SWAP

Increasing Short

26,448

4.5261  GBP

10p ordinary

SWAP

Increasing Short

1,225

4.5264  GBP

10p ordinary

SWAP

Increasing Short

4,673

4.5302  GBP

10p ordinary

SWAP

Increasing Short

31,561

4.5441  GBP

10p ordinary

SWAP

Increasing Short

233

4.5462  GBP

10p ordinary

SWAP

Increasing Short

80,668

4.5495  GBP

10p ordinary

SWAP

Increasing Short

595

4.5500  GBP

10p ordinary

CFD

Decreasing Short

2,384

4.5264  GBP

10p ordinary

CFD

Decreasing Short

29

4.5393  GBP

10p ordinary

CFD

Decreasing Short

374

4.5440  GBP

10p ordinary

CFD

Increasing Short

374

4.5440  GBP

10p ordinary

CFD

Increasing Short

127

4.5442  GBP

10p ordinary

CFD

Increasing Short

5,939

4.5485  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:

11 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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