Form 8.3 -DS SMITH PLC

Barclays PLC

07 June 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				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:				06 Jun 2024
(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:			34,467,884	2.50%	24,860,649	1.80%
(2)	Cash-settled derivatives:
	and/or controlled:			8,065,846	0.58%	33,226,767	2.41%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			42,533,730	3.08%	58,087,416	4.21%
(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		875,646		3.7332  GBP
10p ordinary		Purchase		500,000		3.7621  GBP
10p ordinary		Purchase		462,539		3.7265  GBP
10p ordinary		Purchase		267,242		3.7195  GBP
10p ordinary		Purchase		195,208		3.7270  GBP
10p ordinary		Purchase		192,662		3.7253  GBP
10p ordinary		Purchase		150,000		3.7725  GBP
10p ordinary		Purchase		131,807		3.7216  GBP
10p ordinary		Purchase		103,222		3.7718  GBP
10p ordinary		Purchase		78,487		3.7714  GBP
10p ordinary		Purchase		75,000		3.7659  GBP
10p ordinary		Purchase		47,099		3.7244  GBP
10p ordinary		Purchase		28,394		3.7240  GBP
10p ordinary		Purchase		20,745		3.7259  GBP
10p ordinary		Purchase		20,580		3.7394  GBP
10p ordinary		Purchase		20,534		3.7241  GBP
10p ordinary		Purchase		20,444		3.7340  GBP
10p ordinary		Purchase		14,711		3.7379  GBP
10p ordinary		Purchase		13,486		3.7461  GBP
10p ordinary		Purchase		11,184		3.7768  GBP
10p ordinary		Purchase		10,334		3.7309  GBP
10p ordinary		Purchase		7,976		3.7376  GBP
10p ordinary		Purchase		7,000		3.7812  GBP
10p ordinary		Purchase		6,761		3.7360  GBP
10p ordinary		Purchase		5,816		3.7533  GBP
10p ordinary		Purchase		5,596		3.7600  GBP
10p ordinary		Purchase		5,217		3.7358  GBP
10p ordinary		Purchase		5,141		3.7681  GBP
10p ordinary		Purchase		5,046		3.7608  GBP
10p ordinary		Purchase		4,799		3.7498  GBP
10p ordinary		Purchase		4,295		3.7364  GBP
10p ordinary		Purchase		3,781		3.7388  GBP
10p ordinary		Purchase		3,660		3.7692  GBP
10p ordinary		Purchase		3,523		3.7313  GBP
10p ordinary		Purchase		2,803		3.7390  GBP
10p ordinary		Purchase		2,734		3.7840  GBP
10p ordinary		Purchase		2,679		3.7400  GBP
10p ordinary		Purchase		2,364		3.7327  GBP
10p ordinary		Purchase		2,153		3.7625  GBP
10p ordinary		Purchase		1,802		3.7619  GBP
10p ordinary		Purchase		1,719		3.7350  GBP
10p ordinary		Purchase		1,573		3.7349  GBP
10p ordinary		Purchase		1,248		3.7680  GBP
10p ordinary		Purchase		1,213		3.7380  GBP
10p ordinary		Purchase		1,210		3.7749  GBP
10p ordinary		Purchase		1,189		3.7218  GBP
10p ordinary		Purchase		1,131		3.7220  GBP
10p ordinary		Purchase		956		3.7560  GBP
10p ordinary		Purchase		931		3.7500  GBP
10p ordinary		Purchase		862		3.7320  GBP
10p ordinary		Purchase		783		3.7160  GBP
10p ordinary		Purchase		511		3.7300  GBP
10p ordinary		Purchase		341		3.7480  GBP
10p ordinary		Purchase		225		3.7200  GBP
10p ordinary		Sale		116,106		3.7240  GBP
10p ordinary		Sale		94,244		3.7632  GBP
10p ordinary		Sale		66,603		3.7231  GBP
10p ordinary		Sale		61,509		3.7617  GBP
10p ordinary		Sale		52,975		3.7453  GBP
10p ordinary		Sale		50,803		3.7860  GBP
10p ordinary		Sale		47,099		3.7244  GBP
10p ordinary		Sale		36,546		3.7340  GBP
10p ordinary		Sale		30,601		3.7452  GBP
10p ordinary		Sale		30,000		3.7245  GBP
10p ordinary		Sale		26,791		3.7420  GBP
10p ordinary		Sale		25,337		3.7088  GBP
10p ordinary		Sale		23,897		3.7200  GBP
10p ordinary		Sale		21,577		3.7230  GBP
10p ordinary		Sale		12,804		3.7678  GBP
10p ordinary		Sale		11,806		3.7640  GBP
10p ordinary		Sale		11,224		3.7265  GBP
10p ordinary		Sale		7,777		3.7609  GBP
10p ordinary		Sale		6,405		3.7210  GBP
10p ordinary		Sale		5,314		3.7237  GBP
10p ordinary		Sale		5,264		3.7600  GBP
10p ordinary		Sale		5,048		3.7289  GBP
10p ordinary		Sale		4,886		3.7298  GBP
10p ordinary		Sale		4,378		3.7650  GBP
10p ordinary		Sale		4,329		3.7728  GBP
10p ordinary		Sale		4,209		3.7758  GBP
10p ordinary		Sale		4,036		3.7541  GBP
10p ordinary		Sale		4,036		3.7404  GBP
10p ordinary		Sale		3,920		3.7360  GBP
10p ordinary		Sale		3,549		3.7400  GBP
10p ordinary		Sale		3,371		3.7300  GBP
10p ordinary		Sale		3,147		3.7239  GBP
10p ordinary		Sale		3,022		3.7269  GBP
10p ordinary		Sale		2,734		3.7840  GBP
10p ordinary		Sale		2,702		3.7846  GBP
10p ordinary		Sale		2,551		3.7673  GBP
10p ordinary		Sale		2,282		3.7220  GBP
10p ordinary		Sale		2,274		3.7380  GBP
10p ordinary		Sale		1,800		3.7750  GBP
10p ordinary		Sale		1,762		3.7853  GBP
10p ordinary		Sale		1,708		3.7377  GBP
10p ordinary		Sale		1,088		3.7040  GBP
10p ordinary		Sale		1,088		3.7020  GBP
10p ordinary		Sale		956		3.7560  GBP
10p ordinary		Sale		862		3.7320  GBP
10p ordinary		Sale		841		3.7500  GBP
10p ordinary		Sale		828		3.7120  GBP
10p ordinary		Sale		362		3.7700  GBP
10p ordinary		Sale		269		3.7839  GBP
10p ordinary		Sale		221		3.7280  GBP
10p ordinary		Sale		144		3.7218  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		Decreasing Long		5,816	3.7533  GBP
10p ordinary		SWAP		Decreasing Short		99	3.7560  GBP
10p ordinary		SWAP		Decreasing Short		362	3.7700  GBP
10p ordinary		SWAP		Decreasing Short		1,462	3.7660  GBP
10p ordinary		SWAP		Decreasing Short		4,329	3.7728  GBP
10p ordinary		SWAP		Decreasing Short		7,097	3.7282  GBP
10p ordinary		CFD		Decreasing Short		8,667	3.7659  GBP
10p ordinary		CFD		Decreasing Short		21,670	3.7240  GBP
10p ordinary		CFD		Decreasing Short		23,798	3.7239  GBP
10p ordinary		SWAP		Decreasing Short		34,775	3.7323  GBP
10p ordinary		CFD		Decreasing Short		35,410	3.7273  GBP
10p ordinary		SWAP		Decreasing Short		36,767	3.7411  GBP
10p ordinary		SWAP		Decreasing Short		52,975	3.7453  GBP
10p ordinary		SWAP		Decreasing Short		94,244	3.7632  GBP
10p ordinary		CFD		Decreasing Short		110,582	3.7359  GBP
10p ordinary		SWAP		Increasing Long		269	3.7839  GBP
10p ordinary		SWAP		Increasing Long		25,337	3.7088  GBP
10p ordinary		SWAP		Increasing Long		66,603	3.7231  GBP
10p ordinary		SWAP		Increasing Short		51	3.7580  GBP
10p ordinary		SWAP		Increasing Short		332	3.7600  GBP
10p ordinary		SWAP		Increasing Short		341	3.7480  GBP
10p ordinary		SWAP		Increasing Short		1,802	3.7620  GBP
10p ordinary		CFD		Increasing Short		3,068	3.7240  GBP
10p ordinary		SWAP		Increasing Short		3,641	3.7706  GBP
10p ordinary		SWAP		Increasing Short		3,660	3.7692  GBP
10p ordinary		CFD		Increasing Short		5,145	3.7428  GBP
10p ordinary		CFD		Increasing Short		8,667	3.7659  GBP
10p ordinary		SWAP		Increasing Short		20,534	3.7241  GBP
10p ordinary		SWAP		Increasing Short		20,745	3.7259  GBP
10p ordinary		SWAP		Increasing Short		44,063	3.7267  GBP
10p ordinary		CFD		Increasing Short		47,099	3.7244  GBP
10p ordinary		SWAP		Increasing Short		61,955	3.7289  GBP
10p ordinary		SWAP		Increasing Short		75,000	3.7660  GBP
10p ordinary		SWAP		Increasing Short		78,487	3.7714  GBP
10p ordinary		CFD		Increasing Short		110,582	3.7359  GBP
10p ordinary		SWAP		Increasing Short		124,233	3.7287  GBP
10p ordinary		SWAP		Increasing Short		131,807	3.7216  GBP
10p ordinary		SWAP		Increasing Short		305,098	3.7240  GBP
10p ordinary		SWAP		Opening Short		250,000	6.1304  USD
10p ordinary		SWAP		Opening Short		250,000	6.1199  USD
10p ordinary		SWAP		Opening Short		500,000	6.1850  USD
10p ordinary		SWAP		Opening Short		875,646	6.1099  USD
(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:				07 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END