RNS Number : 1708V
Barclays PLC
29 January 2025
 

FORM 8.3 - Amendment to 2a and 3a
Replaces form Released at 21/01/2025 14:59 RNS Number : 1677U

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:

20 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:

33,758,671

2.44%

29,895,095

2.17%

(2) Cash-settled derivatives:

12,818,526

0.93%

31,612,286

2.29%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

46,577,197

3.37%

61,507,381

4.46%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant

 security

Purchase/sale

Number of

 securities

Price per unit

10p ordinary

Purchase

250,000

5.9257  GBP

10p ordinary

Purchase

173,677

5.8850  GBP

10p ordinary

Purchase

172,415

5.9016  GBP

10p ordinary

Purchase

44,505

5.9007  GBP

10p ordinary

Purchase

44,056

5.8831  GBP

10p ordinary

Purchase

11,989

5.8801  GBP

10p ordinary

Purchase

8,246

5.8973  GBP

10p ordinary

Purchase

6,104

5.9050  GBP

10p ordinary

Purchase

5,523

5.9059  GBP

10p ordinary

Purchase

4,597

5.8815  GBP

10p ordinary

Purchase

4,359

5.8768  GBP

10p ordinary

Purchase

4,181

5.8907  GBP

10p ordinary

Purchase

3,772

5.8713  GBP

10p ordinary

Purchase

2,795

5.9000  GBP

10p ordinary

Purchase

2,557

5.9090  GBP

10p ordinary

Purchase

2,455

5.9025  GBP

10p ordinary

Purchase

2,246

5.8922  GBP

10p ordinary

Purchase

2,140

5.8615  GBP

10p ordinary

Purchase

1,946

5.8930  GBP

10p ordinary

Purchase

1,522

5.8600  GBP

10p ordinary

Purchase

1,165

5.9100  GBP

10p ordinary

Purchase

1,154

5.9207  GBP

10p ordinary

Purchase

1,085

5.9327  GBP

10p ordinary

Purchase

944

5.9250  GBP

10p ordinary

Purchase

637

5.8550  GBP

10p ordinary

Purchase

472

5.8940  GBP

10p ordinary

Purchase

472

5.9148  GBP

10p ordinary

Purchase

472

5.9150  GBP

10p ordinary

Purchase

362

5.8549  GBP

10p ordinary

Purchase

181

5.8650  GBP

10p ordinary

Sale

584,787

5.9250  GBP

10p ordinary

Sale

96,390

5.8881  GBP

10p ordinary

Sale

76,310

5.9013  GBP

10p ordinary

Sale

70,639

5.8895  GBP

10p ordinary

Sale

62,950

5.9007  GBP

10p ordinary

Sale

59,009

5.8850  GBP

10p ordinary

Sale

20,498

5.9035  GBP

10p ordinary

Sale

16,437

5.8970  GBP

10p ordinary

Sale

16,384

5.9088  GBP

10p ordinary

Sale

10,465

5.8997  GBP

10p ordinary

Sale

10,290

5.8910  GBP

10p ordinary

Sale

9,713

5.8963  GBP

10p ordinary

Sale

9,028

5.8825  GBP

10p ordinary

Sale

7,781

5.8918  GBP

10p ordinary

Sale

7,602

5.9018  GBP

10p ordinary

Sale

7,529

5.8975  GBP

10p ordinary

Sale

7,302

5.9074  GBP

10p ordinary

Sale

7,116

5.9096  GBP

10p ordinary

Sale

5,230

5.9047  GBP

10p ordinary

Sale

4,658

5.9019  GBP

10p ordinary

Sale

3,934

5.8899  GBP

10p ordinary

Sale

3,065

5.8725  GBP

10p ordinary

Sale

1,976

5.9224  GBP

10p ordinary

Sale

1,411

5.8798  GBP

10p ordinary

Sale

1,344

5.9000  GBP

10p ordinary

Sale

1,296

5.8738  GBP

10p ordinary

Sale

1,180

5.9075  GBP

10p ordinary

Sale

1,119

5.9050  GBP

10p ordinary

Sale

999

5.8550  GBP

10p ordinary

Sale

716

5.9200  GBP

10p ordinary

Sale

587

5.9245  GBP

10p ordinary

Sale

537

5.9100  GBP

10p ordinary

Sale

472

5.9150  GBP

10p ordinary

Sale

11

5.8884  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

32,975

5.8914  GBP

10p ordinary

SWAP

Decreasing Short

3,065

5.8725  GBP

10p ordinary

SWAP

Decreasing Short

6,477

5.8776  GBP

10p ordinary

SWAP

Decreasing Short

35,043

5.8839  GBP

10p ordinary

SWAP

Decreasing Short

224

5.8850  GBP

10p ordinary

SWAP

Decreasing Short

3,934

5.8899  GBP

10p ordinary

SWAP

Decreasing Short

10,290

5.8910  GBP

10p ordinary

SWAP

Decreasing Short

7,781

5.8918  GBP

10p ordinary

SWAP

Decreasing Short

3,281

5.9019  GBP

10p ordinary

SWAP

Decreasing Short

16,384

5.9088  GBP

10p ordinary

SWAP

Increasing Short

181

5.8650  GBP

10p ordinary

SWAP

Increasing Short

3,772

5.8713  GBP

10p ordinary

SWAP

Increasing Short

11,989

5.8801  GBP

10p ordinary

SWAP

Increasing Short

60,264

5.8850  GBP

10p ordinary

SWAP

Increasing Short

472

5.8939  GBP

10p ordinary

CFD

Decreasing Short

57,060

5.8850  GBP

10p ordinary

CFD

Decreasing Short

7

5.8857  GBP

10p ordinary

CFD

Increasing Short

2,569

5.8850  GBP

10p ordinary

CFD

Increasing Short

1,047

5.8853  GBP

10p ordinary

CFD

Increasing Short

7

5.8857  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:

29 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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