RNS Number : 5443V
Barclays PLC
31 January 2025
 

FORM 8.3 - Amendment to 2a and 3a
Replaces form Released at 19/12/2024 13:11 RNS Number : 8045Q

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:

18 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:

32,452,874

2.34%

16,440,075

1.19%

(2) Cash-settled derivatives:

12,616,574

0.91%

31,222,919

2.26%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

45,069,448

3.25%

47,662,994

3.45%

(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

299,118

5.4400  GBP

10p ordinary

Purchase

182,800

5.4427  GBP

10p ordinary

Purchase

114,429

5.4386  GBP

10p ordinary

Purchase

55,897

5.4350  GBP

10p ordinary

Purchase

25,971

5.4462  GBP

10p ordinary

Purchase

20,250

5.3983  GBP

10p ordinary

Purchase

20,000

5.4859  GBP

10p ordinary

Purchase

15,681

5.4570  GBP

10p ordinary

Purchase

13,427

5.4316  GBP

10p ordinary

Purchase

9,468

5.4453  GBP

10p ordinary

Purchase

7,582

5.4371  GBP

10p ordinary

Purchase

6,421

5.4399  GBP

10p ordinary

Purchase

6,036

5.4507  GBP

10p ordinary

Purchase

4,340

5.4433  GBP

10p ordinary

Purchase

3,628

5.4245  GBP

10p ordinary

Purchase

3,528

5.4439  GBP

10p ordinary

Purchase

3,351

5.4587  GBP

10p ordinary

Purchase

3,096

5.4355  GBP

10p ordinary

Purchase

2,525

5.4357  GBP

10p ordinary

Purchase

2,347

5.4552  GBP

10p ordinary

Purchase

2,193

5.4346  GBP

10p ordinary

Purchase

2,072

5.4142  GBP

10p ordinary

Purchase

1,948

5.4591  GBP

10p ordinary

Purchase

1,830

5.4496  GBP

10p ordinary

Purchase

1,677

5.4650  GBP

10p ordinary

Purchase

1,494

5.4256  GBP

10p ordinary

Purchase

1,434

5.4600  GBP

10p ordinary

Purchase

1,022

5.4530  GBP

10p ordinary

Purchase

754

5.4850  GBP

10p ordinary

Purchase

626

5.4750  GBP

10p ordinary

Purchase

600

5.4413  GBP

10p ordinary

Purchase

564

5.4000  GBP

10p ordinary

Purchase

546

5.4550  GBP

10p ordinary

Purchase

470

5.4228  GBP

10p ordinary

Purchase

443

5.4500  GBP

10p ordinary

Purchase

163

5.4700  GBP

10p ordinary

Sale

2,226,168

5.4350  GBP

10p ordinary

Sale

246,501

5.4419  GBP

10p ordinary

Sale

102,602

5.4400  GBP

10p ordinary

Sale

59,796

5.4399  GBP

10p ordinary

Sale

39,554

5.4358  GBP

10p ordinary

Sale

29,034

5.4524  GBP

10p ordinary

Sale

22,498

5.4489  GBP

10p ordinary

Sale

21,281

5.4420  GBP

10p ordinary

Sale

20,057

5.4457  GBP

10p ordinary

Sale

16,701

5.4332  GBP

10p ordinary

Sale

16,358

5.4433  GBP

10p ordinary

Sale

15,004

5.4404  GBP

10p ordinary

Sale

15,000

5.4000  GBP

10p ordinary

Sale

14,826

5.4512  GBP

10p ordinary

Sale

10,113

5.4349  GBP

10p ordinary

Sale

7,523

5.4462  GBP

10p ordinary

Sale

7,061

5.4570  GBP

10p ordinary

Sale

6,055

5.4318  GBP

10p ordinary

Sale

4,157

5.4579  GBP

10p ordinary

Sale

3,915

5.4535  GBP

10p ordinary

Sale

3,750

5.3872  GBP

10p ordinary

Sale

2,982

5.4677  GBP

10p ordinary

Sale

2,049

5.4650  GBP

10p ordinary

Sale

1,794

5.4494  GBP

10p ordinary

Sale

1,587

5.4121  GBP

10p ordinary

Sale

1,434

5.4600  GBP

10p ordinary

Sale

1,292

5.4338  GBP

10p ordinary

Sale

1,140

5.4575  GBP

10p ordinary

Sale

1,085

5.4550  GBP

10p ordinary

Sale

873

5.4475  GBP

10p ordinary

Sale

754

5.4850  GBP

10p ordinary

Sale

709

5.4456  GBP

10p ordinary

Sale

641

5.4425  GBP

10p ordinary

Sale

569

5.4452  GBP

10p ordinary

Sale

421

5.4473  GBP

10p ordinary

Sale

317

5.4300  GBP

10p ordinary

Sale

300

5.4500  GBP

10p ordinary

Sale

163

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

53,378

5.4495  GBP

10p ordinary

SWAP

Decreasing Short

2,224,371

5.4350  GBP

10p ordinary

SWAP

Decreasing Short

39,554

5.4358  GBP

10p ordinary

SWAP

Decreasing Short

8,250

5.4378  GBP

10p ordinary

SWAP

Decreasing Short

16,409

5.4400  GBP

10p ordinary

SWAP

Decreasing Short

21,281

5.4419  GBP

10p ordinary

SWAP

Decreasing Short

11,066

5.4489  GBP

10p ordinary

SWAP

Decreasing Short

14,826

5.4512  GBP

10p ordinary

SWAP

Decreasing Short

15,707

5.4521  GBP

10p ordinary

SWAP

Decreasing Short

29,034

5.4524  GBP

10p ordinary

SWAP

Decreasing Short

2,982

5.4677  GBP

10p ordinary

SWAP

Increasing Short

470

5.4228  GBP

10p ordinary

SWAP

Increasing Short

13,427

5.4316  GBP

10p ordinary

SWAP

Increasing Short

2,193

5.4346  GBP

10p ordinary

SWAP

Increasing Short

10,569

5.4387  GBP

10p ordinary

SWAP

Increasing Short

45,000

5.4396  USD

10p ordinary

SWAP

Increasing Short

21,262

5.4400  GBP

10p ordinary

SWAP

Increasing Short

55,236

5.4401  GBP

10p ordinary

SWAP

Increasing Short

28,881

5.4447  GBP

10p ordinary

CFD

Decreasing Short

776

5.4400  GBP

10p ordinary

CFD

Decreasing Short

6,418

5.4634  GBP

10p ordinary

CFD

Increasing Short

673

5.4444  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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