RNS Number : 2873S
Barclays PLC
06 January 2025
 

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:

03 Jan 2025

(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:



32,876,096

2.38%

16,159,905

1.17%

(2)

Cash-settled derivatives:






and/or controlled:



12,674,620

0.92%

31,552,075

2.29%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



45,550,716

3.30%

47,711,980

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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales






Class of relevant

Purchase/sale

Number of

Price per unit

security


securities


10p ordinary

Purchase

407,265

5.4600  GBP

10p ordinary

Purchase

42,523

5.4626  GBP

10p ordinary

Purchase

38,716

5.4750  GBP

10p ordinary

Purchase

19,761

5.4713  GBP

10p ordinary

Purchase

17,888

5.4724  GBP

10p ordinary

Purchase

17,267

5.4755  GBP

10p ordinary

Purchase

13,937

5.4696  GBP

10p ordinary

Purchase

11,337

5.4762  GBP

10p ordinary

Purchase

10,093

5.4745  GBP

10p ordinary

Purchase

9,088

5.4731  GBP

10p ordinary

Purchase

5,403

5.4813  GBP

10p ordinary

Purchase

5,108

5.4652  GBP

10p ordinary

Purchase

4,582

5.4598  GBP

10p ordinary

Purchase

4,552

5.4631  GBP

10p ordinary

Purchase

4,513

5.4702  GBP

10p ordinary

Purchase

3,259

5.4709  GBP

10p ordinary

Purchase

3,243

5.4726  GBP

10p ordinary

Purchase

3,010

5.4644  GBP

10p ordinary

Purchase

2,872

5.4818  GBP

10p ordinary

Purchase

2,446

5.4800  GBP

10p ordinary

Purchase

2,344

5.4698  GBP

10p ordinary

Purchase

1,911

5.4900  GBP

10p ordinary

Purchase

1,781

5.4700  GBP

10p ordinary

Purchase

1,690

5.4653  GBP

10p ordinary

Purchase

1,332

5.4838  GBP

10p ordinary

Purchase

1,294

5.4630  GBP

10p ordinary

Purchase

1,257

5.4926  GBP

10p ordinary

Purchase

625

5.4650  GBP

10p ordinary

Purchase

578

5.4850  GBP

10p ordinary

Purchase

519

5.4550  GBP

10p ordinary

Purchase

469

5.4733  GBP

10p ordinary

Purchase

243

5.5000  GBP

10p ordinary

Purchase

185

5.4703  GBP

10p ordinary

Purchase

94

5.4531  GBP

10p ordinary

Sale

248,917

5.4605  GBP

10p ordinary

Sale

136,917

5.4600  GBP

10p ordinary

Sale

66,512

5.4677  GBP

10p ordinary

Sale

47,755

5.4711  GBP

10p ordinary

Sale

34,665

5.4653  GBP

10p ordinary

Sale

29,649

5.4630  GBP

10p ordinary

Sale

22,789

5.4651  GBP

10p ordinary

Sale

20,424

5.4602  GBP

10p ordinary

Sale

17,888

5.4729  GBP

10p ordinary

Sale

6,091

5.4724  GBP

10p ordinary

Sale

5,403

5.4818  GBP

10p ordinary

Sale

2,785

5.4750  GBP

10p ordinary

Sale

2,344

5.4703  GBP

10p ordinary

Sale

2,183

5.4702  GBP

10p ordinary

Sale

1,952

5.4751  GBP

10p ordinary

Sale

1,870

5.4800  GBP

10p ordinary

Sale

1,781

5.4700  GBP

10p ordinary

Sale

1,550

5.4900  GBP

10p ordinary

Sale

707

5.4650  GBP

10p ordinary

Sale

622

5.4559  GBP

10p ordinary

Sale

578

5.4850  GBP

10p ordinary

Sale

519

5.4550  GBP

10p ordinary

Sale

313

5.4710  GBP

10p ordinary

Sale

290

5.4599  GBP

10p ordinary

Sale

262

5.4823  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

46,854

5.4721  GBP

10p ordinary

SWAP

Decreasing Short

4,298

5.4578  GBP

10p ordinary

SWAP

Decreasing Short

56,647

5.4600  GBP

10p ordinary

SWAP

Decreasing Short

16,700

5.4603  GBP

10p ordinary

SWAP

Decreasing Short

930

5.4609  GBP

10p ordinary

SWAP

Decreasing Short

29,649

5.4630  GBP

10p ordinary

SWAP

Decreasing Short

21,447

5.4636  GBP

10p ordinary

SWAP

Decreasing Short

1,175

5.4637  GBP

10p ordinary

SWAP

Decreasing Short

13,997

5.4655  GBP

10p ordinary

SWAP

Decreasing Short

66,512

5.4677  GBP

10p ordinary

SWAP

Decreasing Short

2,183

5.4702  GBP

10p ordinary

SWAP

Decreasing Short

6,091

5.4724  GBP

10p ordinary

SWAP

Increasing Short

4,582

5.4598  GBP

10p ordinary

SWAP

Increasing Short

939

5.4600  GBP

10p ordinary

SWAP

Increasing Short

45,572

5.4686  GBP

10p ordinary

SWAP

Increasing Short

3,243

5.4726  GBP

10p ordinary

SWAP

Increasing Short

61

5.4750  GBP

10p ordinary

SWAP

Increasing Short

11,337

5.4762  GBP

10p ordinary

SWAP

Increasing Short

1,257

5.4927  GBP

10p ordinary

CFD

Decreasing Short

313

5.4546  GBP

10p ordinary

CFD

Decreasing Short

79,670

5.4600  GBP

10p ordinary

CFD

Increasing Short

172

5.4600  GBP

10p ordinary

CFD

Increasing Short

7,908

5.4804  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:

06 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

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