RNS Number : 7851T
Barclays PLC
17 January 2025
 

FORM 8.3 - Amendment to 2a and 3a
Replaces form Released at 18/12/2024 14:20 RNS Number : 6296Q

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:

17 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:

34,544,758

2.50%

16,443,626

1.19%

(2) Cash-settled derivatives:

12,610,829

0.91%

33,376,759

2.42%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

47,155,587

3.41%

49,820,385

3.61%

(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

301,107

5.4477  GBP

10p ordinary

Purchase

256,422

5.4350  GBP

10p ordinary

Purchase

98,859

5.4229  GBP

10p ordinary

Purchase

45,000

5.4396  GBP

10p ordinary

Purchase

18,509

5.4376  GBP

10p ordinary

Purchase

16,414

5.4579  GBP

10p ordinary

Purchase

12,048

5.4621  GBP

10p ordinary

Purchase

9,496

5.4502  GBP

10p ordinary

Purchase

7,045

5.4355  GBP

10p ordinary

Purchase

4,113

5.4434  GBP

10p ordinary

Purchase

3,932

5.4413  GBP

10p ordinary

Purchase

2,787

5.4397  GBP

10p ordinary

Purchase

2,409

5.4488  GBP

10p ordinary

Purchase

1,534

5.4400  GBP

10p ordinary

Purchase

1,343

5.4591  GBP

10p ordinary

Purchase

1,144

5.4388  GBP

10p ordinary

Purchase

864

5.4275  GBP

10p ordinary

Purchase

805

5.4383  GBP

10p ordinary

Purchase

642

5.4250  GBP

10p ordinary

Purchase

455

5.4406  GBP

10p ordinary

Purchase

444

5.4384  GBP

10p ordinary

Purchase

296

5.4550  GBP

10p ordinary

Purchase

277

5.4700  GBP

10p ordinary

Purchase

80

5.4356  GBP

10p ordinary

Purchase

1

5.4450  GBP

10p ordinary

Sale

136,124

5.4350  GBP

10p ordinary

Sale

71,630

5.4344  GBP

10p ordinary

Sale

39,181

5.4445  GBP

10p ordinary

Sale

36,918

5.4396  GBP

10p ordinary

Sale

35,995

5.4240  GBP

10p ordinary

Sale

35,600

5.4437  GBP

10p ordinary

Sale

29,163

5.4459  GBP

10p ordinary

Sale

28,233

5.4311  GBP

10p ordinary

Sale

23,150

5.4233  GBP

10p ordinary

Sale

17,404

5.4250  GBP

10p ordinary

Sale

17,311

5.4385  GBP

10p ordinary

Sale

13,763

5.4455  GBP

10p ordinary

Sale

13,054

5.4482  GBP

10p ordinary

Sale

10,216

5.4442  GBP

10p ordinary

Sale

7,045

5.4355  GBP

10p ordinary

Sale

6,373

5.4441  GBP

10p ordinary

Sale

6,241

5.4540  GBP

10p ordinary

Sale

6,185

5.4420  GBP

10p ordinary

Sale

5,857

5.4677  GBP

10p ordinary

Sale

5,420

5.4549  GBP

10p ordinary

Sale

4,994

5.4431  GBP

10p ordinary

Sale

3,495

5.4377  GBP

10p ordinary

Sale

3,346

5.4552  GBP

10p ordinary

Sale

2,819

5.4475  GBP

10p ordinary

Sale

2,199

5.4612  GBP

10p ordinary

Sale

1,745

5.4347  GBP

10p ordinary

Sale

1,319

5.4490  GBP

10p ordinary

Sale

1,273

5.4339  GBP

10p ordinary

Sale

882

5.4427  GBP

10p ordinary

Sale

740

5.4425  GBP

10p ordinary

Sale

671

5.4450  GBP

10p ordinary

Sale

330

5.4400  GBP

10p ordinary

Sale

322

5.4449  GBP

10p ordinary

Sale

277

5.4700  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

35,793

5.4513  GBP

10p ordinary

SWAP

Decreasing Short

71,630

5.4344  GBP

10p ordinary

SWAP

Decreasing Short

12,068

5.4345  GBP

10p ordinary

SWAP

Decreasing Short

9,158

5.4350  GBP

10p ordinary

SWAP

Decreasing Short

3,495

5.4376  GBP

10p ordinary

SWAP

Decreasing Short

5,900

5.4385  GBP

10p ordinary

SWAP

Decreasing Short

1,464

5.4420  GBP

10p ordinary

SWAP

Decreasing Short

35,600

5.4437  GBP

10p ordinary

SWAP

Decreasing Short

13,531

5.4438  GBP

10p ordinary

SWAP

Decreasing Short

39,181

5.4445  GBP

10p ordinary

SWAP

Decreasing Short

322

5.4449  GBP

10p ordinary

SWAP

Decreasing Short

13,136

5.4460  GBP

10p ordinary

SWAP

Decreasing Short

13,054

5.4482  GBP

10p ordinary

SWAP

Decreasing Short

296

5.4850  GBP

10p ordinary

SWAP

Decreasing Short

73,647

5.5108  GBP

10p ordinary

SWAP

Increasing Short

34,098

5.4350  GBP

10p ordinary

SWAP

Increasing Short

5,840

5.4352  GBP

10p ordinary

SWAP

Increasing Short

80

5.4356  GBP

10p ordinary

SWAP

Increasing Short

1,204

5.4400  GBP

10p ordinary

SWAP

Increasing Short

301,107

5.4477  GBP

10p ordinary

SWAP

Increasing Short

8,914

5.4579  GBP

10p ordinary

SWAP

Increasing Short

500,000

5.4997  GBP

10p ordinary

CFD

Decreasing Short

789

5.4350  GBP

10p ordinary

CFD

Increasing Short

906

5.4457  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:

17 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RETEANFXFLXSEEA