RNS Number : 5469V
Barclays PLC
31 January 2025
 

FORM 8.3 - Amendment to 2a
Replaces form Released at 23/12/2024 15:08 RNS Number : 1714R

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:

20 Dec 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:

32,986,177

2.39%

16,436,611

1.18%

(2) Cash-settled derivatives:

12,625,020

0.91%

31,551,972

2.29%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

45,611,197

3.30%

47,988,583

3.46%

(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

646,777

5.3701  GBP

10p ordinary

Purchase

618,139

5.3800  GBP

10p ordinary

Purchase

261,646

5.3550  GBP

10p ordinary

Purchase

134,837

5.3722  GBP

10p ordinary

Purchase

127,915

5.3798  GBP

10p ordinary

Purchase

101,055

5.3606  GBP

10p ordinary

Purchase

85,834

5.3878  GBP

10p ordinary

Purchase

78,048

5.3794  GBP

10p ordinary

Purchase

67,638

5.3718  GBP

10p ordinary

Purchase

26,140

5.3812  GBP

10p ordinary

Purchase

19,347

5.3948  GBP

10p ordinary

Purchase

19,138

5.3728  GBP

10p ordinary

Purchase

18,690

5.3913  GBP

10p ordinary

Purchase

17,779

5.3946  GBP

10p ordinary

Purchase

12,695

5.3930  GBP

10p ordinary

Purchase

11,142

5.3784  GBP

10p ordinary

Purchase

9,091

5.3754  GBP

10p ordinary

Purchase

8,132

5.3842  GBP

10p ordinary

Purchase

7,812

5.3673  GBP

10p ordinary

Purchase

6,913

5.3763  GBP

10p ordinary

Purchase

6,790

5.3860  GBP

10p ordinary

Purchase

4,914

5.3811  GBP

10p ordinary

Purchase

4,196

5.3634  GBP

10p ordinary

Purchase

4,156

5.3819  GBP

10p ordinary

Purchase

3,727

5.3679  GBP

10p ordinary

Purchase

3,556

5.3871  GBP

10p ordinary

Purchase

3,239

5.3753  GBP

10p ordinary

Purchase

3,181

5.3926  GBP

10p ordinary

Purchase

3,167

5.4001  GBP

10p ordinary

Purchase

3,114

5.3656  GBP

10p ordinary

Purchase

3,095

5.3908  GBP

10p ordinary

Purchase

2,607

5.3829  GBP

10p ordinary

Purchase

2,538

5.4350  GBP

10p ordinary

Purchase

2,452

5.4064  GBP

10p ordinary

Purchase

2,089

5.4058  GBP

10p ordinary

Purchase

2,079

5.4009  GBP

10p ordinary

Purchase

2,021

5.3627  GBP

10p ordinary

Purchase

1,690

5.3525  GBP

10p ordinary

Purchase

1,673

5.4025  GBP

10p ordinary

Purchase

1,476

5.3891  GBP

10p ordinary

Purchase

751

5.3925  GBP

10p ordinary

Purchase

725

5.3907  GBP

10p ordinary

Purchase

636

5.3900  GBP

10p ordinary

Purchase

601

5.3400  GBP

10p ordinary

Purchase

583

5.4200  GBP

10p ordinary

Purchase

544

5.4050  GBP

10p ordinary

Purchase

518

5.4000  GBP

10p ordinary

Purchase

379

5.3884  GBP

10p ordinary

Purchase

326

5.3600  GBP

10p ordinary

Purchase

125

5.3250  GBP

10p ordinary

Purchase

99

5.3850  GBP

10p ordinary

Purchase

82

5.3625  GBP

10p ordinary

Purchase

16

5.3950  GBP

10p ordinary

Purchase

3

5.3450  GBP

10p ordinary

Sale

509,836

5.3760  GBP

10p ordinary

Sale

429,079

5.3615  GBP

10p ordinary

Sale

399,774

5.3800  GBP

10p ordinary

Sale

150,018

5.3854  GBP

10p ordinary

Sale

67,638

5.3718  GBP

10p ordinary

Sale

35,307

5.3713  GBP

10p ordinary

Sale

23,056

5.3789  GBP

10p ordinary

Sale

19,347

5.3953  GBP

10p ordinary

Sale

13,157

5.3911  GBP

10p ordinary

Sale

10,877

5.3983  GBP

10p ordinary

Sale

9,391

5.3902  GBP

10p ordinary

Sale

8,370

5.3897  GBP

10p ordinary

Sale

5,853

5.3625  GBP

10p ordinary

Sale

5,777

5.3754  GBP

10p ordinary

Sale

3,556

5.3877  GBP

10p ordinary

Sale

3,181

5.3931  GBP

10p ordinary

Sale

3,167

5.4007  GBP

10p ordinary

Sale

2,808

5.3810  GBP

10p ordinary

Sale

2,538

5.4350  GBP

10p ordinary

Sale

2,375

5.3850  GBP

10p ordinary

Sale

2,119

5.3670  GBP

10p ordinary

Sale

2,091

5.3934  GBP

10p ordinary

Sale

2,079

5.4014  GBP

10p ordinary

Sale

1,954

5.3660  GBP

10p ordinary

Sale

1,773

5.3919  GBP

10p ordinary

Sale

1,690

5.3525  GBP

10p ordinary

Sale

1,481

5.3852  GBP

10p ordinary

Sale

1,440

5.3600  GBP

10p ordinary

Sale

1,208

5.3382  GBP

10p ordinary

Sale

1,137

5.3960  GBP

10p ordinary

Sale

675

5.3899  GBP

10p ordinary

Sale

662

5.4010  GBP

10p ordinary

Sale

601

5.3400  GBP

10p ordinary

Sale

583

5.4200  GBP

10p ordinary

Sale

571

5.3938  GBP

10p ordinary

Sale

409

5.4050  GBP

10p ordinary

Sale

258

5.4000  GBP

10p ordinary

Sale

188

5.3900  GBP

10p ordinary

Sale

155

5.3804  GBP

10p ordinary

Sale

82

5.3950  GBP

10p ordinary

Sale

3

5.3450  GBP

(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

10p ordinary

SWAP

Increasing Short

103,801

5.3752  GBP

10p ordinary

SWAP

Decreasing Short

1,799

5.3553  GBP

10p ordinary

SWAP

Decreasing Short

387,133

5.3579  GBP

10p ordinary

SWAP

Decreasing Short

5,853

5.3625  GBP

10p ordinary

SWAP

Decreasing Short

2,119

5.3670  GBP

10p ordinary

SWAP

Decreasing Short

35,307

5.3713  GBP

10p ordinary

SWAP

Decreasing Short

23,056

5.3789  GBP

10p ordinary

SWAP

Decreasing Short

8,370

5.3897  GBP

10p ordinary

SWAP

Decreasing Short

1,988

5.4019  GBP

10p ordinary

SWAP

Decreasing Short

462

5.4350  GBP

10p ordinary

SWAP

Increasing Short

123,772

5.3560  GBP

10p ordinary

SWAP

Increasing Short

7,812

5.3673  GBP

10p ordinary

SWAP

Increasing Short

242,100

5.3708  GBP

10p ordinary

SWAP

Increasing Short

19,138

5.3728  GBP

10p ordinary

SWAP

Increasing Short

4,574

5.3763  GBP

10p ordinary

SWAP

Increasing Short

58,847

5.3781  GBP

10p ordinary

SWAP

Increasing Short

49,620

5.3798  GBP

10p ordinary

SWAP

Increasing Short

158,528

5.3800  GBP

10p ordinary

SWAP

Increasing Short

4,914

5.3811  GBP

10p ordinary

SWAP

Increasing Short

50,236

5.3874  GBP

10p ordinary

SWAP

Increasing Short

751

5.3925  GBP

10p ordinary

CFD

Decreasing Short

1,258

5.3628  GBP

10p ordinary

CFD

Decreasing Short

1,495

5.3700  GBP

10p ordinary

CFD

Decreasing Short

17,193

5.3800  GBP

10p ordinary

CFD

Decreasing Short

1,495

5.3900  GBP

10p ordinary

CFD

Increasing Short

1,495

5.3400  GBP

10p ordinary

CFD

Increasing Short

23,668

5.3732  GBP

10p ordinary

CFD

Increasing Short

5,450

5.3800  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:

31 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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