RNS Number : 5488V
Barclays PLC
31 January 2025
 

FORM 8.3 - Amendment to 2a
Replaces form Released at 09/01/2025 13:22 RNS Number : 7943S

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:

08 Jan 2025

(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:

32,437,332

2.34%

16,460,874

1.19%

(2) Cash-settled derivatives:

12,840,397

0.93%

31,025,315

2.25%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

45,277,729

3.26%

47,486,189

3.44%

(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

500,000

5.4727  GBP

10p ordinary

Purchase

200,714

5.5215  GBP

10p ordinary

Purchase

132,976

5.5174  GBP

10p ordinary

Purchase

84,032

5.4892  GBP

10p ordinary

Purchase

74,861

5.5400  GBP

10p ordinary

Purchase

68,167

5.5160  GBP

10p ordinary

Purchase

29,086

5.4914  GBP

10p ordinary

Purchase

28,263

5.4777  GBP

10p ordinary

Purchase

26,684

5.5020  GBP

10p ordinary

Purchase

26,474

5.5089  GBP

10p ordinary

Purchase

23,394

5.5365  GBP

10p ordinary

Purchase

21,084

5.5366  GBP

10p ordinary

Purchase

20,796

5.5047  GBP

10p ordinary

Purchase

19,885

5.5036  GBP

10p ordinary

Purchase

19,486

5.5227  GBP

10p ordinary

Purchase

16,156

5.4741  GBP

10p ordinary

Purchase

15,742

5.5002  GBP

10p ordinary

Purchase

13,302

5.5076  GBP

10p ordinary

Purchase

12,627

5.4852  GBP

10p ordinary

Purchase

11,105

5.4842  GBP

10p ordinary

Purchase

10,328

5.4795  GBP

10p ordinary

Purchase

6,864

5.4846  GBP

10p ordinary

Purchase

5,954

5.5135  GBP

10p ordinary

Purchase

5,879

5.5230  GBP

10p ordinary

Purchase

5,258

5.5267  GBP

10p ordinary

Purchase

4,998

5.5261  GBP

10p ordinary

Purchase

4,920

5.5241  GBP

10p ordinary

Purchase

4,683

5.4979  GBP

10p ordinary

Purchase

4,282

5.5074  GBP

10p ordinary

Purchase

4,017

5.4673  GBP

10p ordinary

Purchase

3,779

5.4570  GBP

10p ordinary

Purchase

3,635

5.5200  GBP

10p ordinary

Purchase

3,557

5.5350  GBP

10p ordinary

Purchase

3,489

5.4863  GBP

10p ordinary

Purchase

3,371

5.5450  GBP

10p ordinary

Purchase

3,230

5.4600  GBP

10p ordinary

Purchase

3,208

5.4841  GBP

10p ordinary

Purchase

2,689

5.4750  GBP

10p ordinary

Purchase

2,663

5.4736  GBP

10p ordinary

Purchase

2,646

5.4650  GBP

10p ordinary

Purchase

2,264

5.5150  GBP

10p ordinary

Purchase

2,146

5.4811  GBP

10p ordinary

Purchase

2,121

5.4967  GBP

10p ordinary

Purchase

1,700

5.4800  GBP

10p ordinary

Purchase

1,679

5.4700  GBP

10p ordinary

Purchase

1,434

5.4706  GBP

10p ordinary

Purchase

1,310

5.4679  GBP

10p ordinary

Purchase

950

5.4975  GBP

10p ordinary

Purchase

774

5.5300  GBP

10p ordinary

Purchase

589

5.5013  GBP

10p ordinary

Purchase

585

5.5375  GBP

10p ordinary

Purchase

567

5.5050  GBP

10p ordinary

Purchase

546

5.5325  GBP

10p ordinary

Purchase

516

5.5000  GBP

10p ordinary

Purchase

484

5.4651  GBP

10p ordinary

Purchase

454

5.4550  GBP

10p ordinary

Purchase

454

5.5100  GBP

10p ordinary

Purchase

52

5.4500  GBP

10p ordinary

Sale

395,210

5.5139  GBP

10p ordinary

Sale

153,306

5.5245  GBP

10p ordinary

Sale

133,812

5.4766  GBP

10p ordinary

Sale

105,164

5.4955  GBP

10p ordinary

Sale

82,150

5.5400  GBP

10p ordinary

Sale

74,484

5.5312  GBP

10p ordinary

Sale

67,087

5.5121  GBP

10p ordinary

Sale

62,489

5.5004  GBP

10p ordinary

Sale

41,553

5.4639  GBP

10p ordinary

Sale

41,022

5.4940  GBP

10p ordinary

Sale

39,412

5.5011  GBP

10p ordinary

Sale

23,394

5.5366  GBP

10p ordinary

Sale

12,854

5.4713  GBP

10p ordinary

Sale

12,757

5.4641  GBP

10p ordinary

Sale

12,201

5.5032  GBP

10p ordinary

Sale

10,463

5.4874  GBP

10p ordinary

Sale

9,210

5.4764  GBP

10p ordinary

Sale

8,724

5.4877  GBP

10p ordinary

Sale

7,696

5.4652  GBP

10p ordinary

Sale

6,538

5.5007  GBP

10p ordinary

Sale

5,751

5.5054  GBP

10p ordinary

Sale

5,140

5.4979  GBP

10p ordinary

Sale

5,068

5.5419  GBP

10p ordinary

Sale

4,615

5.4873  GBP

10p ordinary

Sale

4,498

5.5077  GBP

10p ordinary

Sale

3,716

5.4722  GBP

10p ordinary

Sale

3,635

5.5200  GBP

10p ordinary

Sale

3,007

5.5143  GBP

10p ordinary

Sale

2,962

5.5350  GBP

10p ordinary

Sale

2,854

5.5150  GBP

10p ordinary

Sale

2,689

5.4750  GBP

10p ordinary

Sale

2,646

5.4650  GBP

10p ordinary

Sale

2,574

5.5129  GBP

10p ordinary

Sale

2,558

5.5052  GBP

10p ordinary

Sale

2,292

5.5169  GBP

10p ordinary

Sale

2,194

5.4700  GBP

10p ordinary

Sale

2,010

5.4550  GBP

10p ordinary

Sale

1,865

5.4986  GBP

10p ordinary

Sale

1,719

5.4881  GBP

10p ordinary

Sale

1,718

5.4600  GBP

10p ordinary

Sale

1,700

5.4800  GBP

10p ordinary

Sale

1,655

5.4966  GBP

10p ordinary

Sale

1,389

5.4543  GBP

10p ordinary

Sale

1,349

5.4785  GBP

10p ordinary

Sale

1,202

5.5199  GBP

10p ordinary

Sale

1,183

5.4825  GBP

10p ordinary

Sale

1,005

5.5450  GBP

10p ordinary

Sale

950

5.4975  GBP

10p ordinary

Sale

915

5.4741  GBP

10p ordinary

Sale

784

5.4900  GBP

10p ordinary

Sale

774

5.5300  GBP

10p ordinary

Sale

607

5.5399  GBP

10p ordinary

Sale

567

5.5050  GBP

10p ordinary

Sale

546

5.5325  GBP

10p ordinary

Sale

516

5.5000  GBP

10p ordinary

Sale

454

5.4551  GBP

10p ordinary

Sale

242

5.3800  GBP

10p ordinary

Sale

52

5.4500  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

91,441

5.5036  GBP

10p ordinary

SWAP

Decreasing Short

1,389

5.4543  GBP

10p ordinary

SWAP

Decreasing Short

12,757

5.4641  GBP

10p ordinary

SWAP

Decreasing Short

3,716

5.4722  GBP

10p ordinary

SWAP

Decreasing Short

9,210

5.4764  GBP

10p ordinary

SWAP

Decreasing Short

133,812

5.4766  USD

10p ordinary

SWAP

Decreasing Short

28,104

5.4806  GBP

10p ordinary

SWAP

Decreasing Short

784

5.4900  GBP

10p ordinary

SWAP

Decreasing Short

105,164

5.4956  GBP

10p ordinary

SWAP

Decreasing Short

15,777

5.5007  GBP

10p ordinary

SWAP

Decreasing Short

34,937

5.5014  GBP

10p ordinary

SWAP

Decreasing Short

5,751

5.5054  GBP

10p ordinary

SWAP

Decreasing Short

1,665

5.5103  GBP

10p ordinary

SWAP

Decreasing Short

64,013

5.5132  GBP

10p ordinary

SWAP

Decreasing Short

3,007

5.5142  GBP

10p ordinary

SWAP

Decreasing Short

55,703

5.5242  GBP

10p ordinary

SWAP

Decreasing Short

607

5.5399  GBP

10p ordinary

SWAP

Decreasing Short

47,347

5.5400  GBP

10p ordinary

SWAP

Decreasing Short

5,068

5.5419  GBP

10p ordinary

SWAP

Increasing Short

70

5.3800  GBP

10p ordinary

SWAP

Increasing Short

1

5.4600  GBP

10p ordinary

SWAP

Increasing Short

4,087

5.4604  GBP

10p ordinary

SWAP

Increasing Short

484

5.4651  GBP

10p ordinary

SWAP

Increasing Short

4,017

5.4673  GBP

10p ordinary

SWAP

Increasing Short

500,000

5.4727  GBP

10p ordinary

SWAP

Increasing Short

2,663

5.4736  GBP

10p ordinary

SWAP

Increasing Short

4,282

5.5073  GBP

10p ordinary

SWAP

Increasing Short

23,928

5.5400  GBP

10p ordinary

CFD

Decreasing Short

18

5.4750  GBP

10p ordinary

CFD

Decreasing Short

2,052

5.4853  GBP

10p ordinary

CFD

Decreasing Short

9,955

5.5090  GBP

10p ordinary

CFD

Decreasing Short

23,394

5.5365  GBP

10p ordinary

CFD

Decreasing Short

153

5.5400  GBP

10p ordinary

CFD

Increasing Short

18

5.4750  GBP

10p ordinary

CFD

Increasing Short

153

5.5400  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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