RNS Number : 3884N
Barclays PLC
22 November 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:

21 Nov 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:

29,801,961

2.15%

23,174,178

1.67%

(2) Cash-settled derivatives:

12,027,575

0.87%

28,779,963

2.08%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

41,829,536

3.02%

51,954,141

3.75%

(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

333,106

5.8198  GBP

10p ordinary

Purchase

270,000

5.7804  GBP

10p ordinary

Purchase

269,286

5.8249  GBP

10p ordinary

Purchase

250,000

5.6928  GBP

10p ordinary

Purchase

94,100

5.8158  GBP

10p ordinary

Purchase

83,501

5.7914  GBP

10p ordinary

Purchase

83,219

5.8393  GBP

10p ordinary

Purchase

81,448

5.8141  GBP

10p ordinary

Purchase

60,062

5.8270  GBP

10p ordinary

Purchase

55,924

5.8300  GBP

10p ordinary

Purchase

50,800

5.8131  GBP

10p ordinary

Purchase

40,617

5.8307  GBP

10p ordinary

Purchase

36,750

5.8022  GBP

10p ordinary

Purchase

34,080

5.8311  GBP

10p ordinary

Purchase

33,804

5.8193  GBP

10p ordinary

Purchase

27,834

5.7847  GBP

10p ordinary

Purchase

27,834

5.8054  GBP

10p ordinary

Purchase

23,990

5.8272  GBP

10p ordinary

Purchase

18,966

5.8202  GBP

10p ordinary

Purchase

14,191

5.8115  GBP

10p ordinary

Purchase

11,749

5.8146  GBP

10p ordinary

Purchase

11,604

5.7925  GBP

10p ordinary

Purchase

7,109

5.8100  GBP

10p ordinary

Purchase

5,741

5.8197  GBP

10p ordinary

Purchase

5,547

5.8079  GBP

10p ordinary

Purchase

5,078

5.7984  GBP

10p ordinary

Purchase

4,228

5.7940  GBP

10p ordinary

Purchase

2,881

5.7965  GBP

10p ordinary

Purchase

2,172

5.7900  GBP

10p ordinary

Purchase

2,100

5.7770  GBP

10p ordinary

Purchase

1,889

5.7893  GBP

10p ordinary

Purchase

1,597

5.7850  GBP

10p ordinary

Purchase

1,579

5.8051  GBP

10p ordinary

Purchase

857

5.7788  GBP

10p ordinary

Purchase

602

5.8466  GBP

10p ordinary

Purchase

240

5.7700  GBP

10p ordinary

Sale

123,735

5.8038  GBP

10p ordinary

Sale

122,307

5.8176  GBP

10p ordinary

Sale

73,652

5.8132  GBP

10p ordinary

Sale

70,584

5.8116  GBP

10p ordinary

Sale

60,062

5.8269  GBP

10p ordinary

Sale

59,127

5.7879  GBP

10p ordinary

Sale

40,343

5.8300  GBP

10p ordinary

Sale

18,523

5.7988  GBP

10p ordinary

Sale

14,585

5.7860  GBP

10p ordinary

Sale

11,145

5.8267  GBP

10p ordinary

Sale

10,343

5.8161  GBP

10p ordinary

Sale

9,001

5.7895  GBP

10p ordinary

Sale

8,933

5.8180  GBP

10p ordinary

Sale

7,867

5.8537  GBP

10p ordinary

Sale

5,476

5.8080  GBP

10p ordinary

Sale

3,703

5.7985  GBP

10p ordinary

Sale

3,259

5.8215  GBP

10p ordinary

Sale

2,578

5.8139  GBP

10p ordinary

Sale

2,354

5.7922  GBP

10p ordinary

Sale

1,638

5.7900  GBP

10p ordinary

Sale

1,251

5.8021  GBP

10p ordinary

Sale

1,237

5.7950  GBP

10p ordinary

Sale

1,236

5.7907  GBP

10p ordinary

Sale

977

5.8006  GBP

10p ordinary

Sale

737

5.8074  GBP

10p ordinary

Sale

686

5.8250  GBP

10p ordinary

Sale

633

5.7873  GBP

10p ordinary

Sale

485

5.8100  GBP

10p ordinary

Sale

7

5.8550  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

Decreasing Short

524

5.7850  GBP

10p ordinary

SWAP

Decreasing Short

21,397

5.7879  GBP

10p ordinary

SWAP

Decreasing Short

2,354

5.7922  GBP

10p ordinary

SWAP

Decreasing Short

29,925

5.8019  GBP

10p ordinary

SWAP

Decreasing Short

123,735

5.8038  GBP

10p ordinary

SWAP

Decreasing Short

70,584

5.8116  GBP

10p ordinary

SWAP

Decreasing Short

53,963

5.8201  GBP

10p ordinary

SWAP

Decreasing Short

99

5.8300  GBP

10p ordinary

SWAP

Decreasing Short

7,867

5.8537  GBP

10p ordinary

SWAP

Increasing Short

40,577

5.6868  GBP

10p ordinary

SWAP

Increasing Short

250,000

5.6928  GBP

10p ordinary

SWAP

Increasing Short

240

5.7700  GBP

10p ordinary

SWAP

Increasing Short

857

5.7788  GBP

10p ordinary

SWAP

Increasing Short

270,000

5.7804  USD

10p ordinary

SWAP

Increasing Short

5,078

5.7984  GBP

10p ordinary

SWAP

Increasing Short

36,750

5.8022  USD

10p ordinary

SWAP

Increasing Short

27,834

5.8054  GBP

10p ordinary

SWAP

Increasing Short

50,800

5.8131  GBP

10p ordinary

SWAP

Increasing Short

280,726

5.8190  GBP

10p ordinary

SWAP

Increasing Short

127,114

5.8222  GBP

10p ordinary

SWAP

Increasing Short

70,499

5.8271  GBP

10p ordinary

SWAP

Increasing Short

23,990

5.8272  GBP

10p ordinary

SWAP

Increasing Short

39,802

5.8289  GBP

10p ordinary

SWAP

Increasing Short

45,101

5.8300  GBP

10p ordinary

SWAP

Increasing Short

40,617

5.8307  GBP

10p ordinary

SWAP

Increasing Short

34,080

5.8311  GBP

10p ordinary

SWAP

Increasing Short

83,219

5.8393  USD

10p ordinary

SWAP

Increasing Short

602

5.8466  GBP

10p ordinary

CFD

Decreasing Short

7,096

5.7816  GBP

10p ordinary

CFD

Decreasing Short

30,000

5.8147  GBP

10p ordinary

CFD

Decreasing Short

268

5.8300  GBP

10p ordinary

CFD

Increasing Short

82,911

5.7974  GBP

10p ordinary

CFD

Increasing Short

60,062

5.8269  GBP

10p ordinary

CFD

Increasing Short

111,603

5.8300  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:

22 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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