Form 8.3 - DS SMITH PLC

Barclays PLC

09 April 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:				08 Apr 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?				MONDI PLC INTERNATIONAL PAPER CO
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:			14,168,173	1.03%	18,790,149	1.36%
(2)	Cash-settled derivatives:
	and/or controlled:			15,048,792	1.09%	12,293,262	0.89%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			29,216,965	2.12%	31,083,411	2.26%
(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		445,743		4.0928  GBP
10p ordinary		Purchase		445,487		4.0839  GBP
10p ordinary		Purchase		261,407		4.0940  GBP
10p ordinary		Purchase		229,154		4.0951  GBP
10p ordinary		Purchase		200,000		4.0743  GBP
10p ordinary		Purchase		125,590		4.0879  GBP
10p ordinary		Purchase		51,000		4.1033  GBP
10p ordinary		Purchase		50,867		4.0725  GBP
10p ordinary		Purchase		45,710		4.0747  GBP
10p ordinary		Purchase		43,140		4.0803  GBP
10p ordinary		Purchase		28,798		4.0868  GBP
10p ordinary		Purchase		27,214		4.1048  GBP
10p ordinary		Purchase		17,173		4.1035  GBP
10p ordinary		Purchase		13,034		4.1053  GBP
10p ordinary		Purchase		12,558		4.0780  GBP
10p ordinary		Purchase		11,840		4.0788  GBP
10p ordinary		Purchase		11,751		4.1036  GBP
10p ordinary		Purchase		10,400		4.0820  GBP
10p ordinary		Purchase		9,700		4.0787  GBP
10p ordinary		Purchase		9,652		4.1041  GBP
10p ordinary		Purchase		6,938		4.0766  GBP
10p ordinary		Purchase		6,755		4.1037  GBP
10p ordinary		Purchase		6,631		4.0997  GBP
10p ordinary		Purchase		6,219		4.1030  GBP
10p ordinary		Purchase		5,274		4.0801  GBP
10p ordinary		Purchase		5,252		4.0750  GBP
10p ordinary		Purchase		4,237		4.1039  GBP
10p ordinary		Purchase		3,677		4.0923  GBP
10p ordinary		Purchase		3,471		4.0846  GBP
10p ordinary		Purchase		3,336		4.0760  GBP
10p ordinary		Purchase		2,733		4.0960  GBP
10p ordinary		Purchase		2,138		4.0789  GBP
10p ordinary		Purchase		1,930		4.0965  GBP
10p ordinary		Purchase		1,766		4.0772  GBP
10p ordinary		Purchase		1,592		4.0884  GBP
10p ordinary		Purchase		1,421		4.1021  GBP
10p ordinary		Purchase		799		4.1100  GBP
10p ordinary		Purchase		590		4.1023  GBP
10p ordinary		Purchase		582		4.0770  GBP
10p ordinary		Purchase		522		4.1110  GBP
10p ordinary		Purchase		445		4.1040  GBP
10p ordinary		Purchase		403		4.0866  GBP
10p ordinary		Purchase		140		4.0724  GBP
10p ordinary		Purchase		80		4.0580  GBP
10p ordinary		Purchase		72		4.0720  GBP
10p ordinary		Purchase		26		4.0860  GBP
10p ordinary		Purchase		10		4.0659  GBP
10p ordinary		Purchase		2		4.0855  GBP
10p ordinary		Purchase		1		4.1020  GBP
10p ordinary		Sale		494,812		4.0863  GBP
10p ordinary		Sale		391,626		4.0836  GBP
10p ordinary		Sale		314,100		4.0980  GBP
10p ordinary		Sale		265,532		4.0940  GBP
10p ordinary		Sale		208,538		4.0870  GBP
10p ordinary		Sale		200,000		4.0963  GBP
10p ordinary		Sale		161,051		4.0938  GBP
10p ordinary		Sale		91,929		4.0894  GBP
10p ordinary		Sale		72,993		4.0832  GBP
10p ordinary		Sale		66,397		4.0930  GBP
10p ordinary		Sale		52,165		4.0831  GBP
10p ordinary		Sale		49,500		4.0788  GBP
10p ordinary		Sale		28,087		4.0804  GBP
10p ordinary		Sale		21,664		4.0775  GBP
10p ordinary		Sale		14,323		4.0944  GBP
10p ordinary		Sale		11,549		4.0747  GBP
10p ordinary		Sale		8,818		4.1028  GBP
10p ordinary		Sale		8,627		4.0820  GBP
10p ordinary		Sale		7,558		4.0960  GBP
10p ordinary		Sale		4,192		4.0941  GBP
10p ordinary		Sale		3,423		4.0717  GBP
10p ordinary		Sale		3,336		4.0765  GBP
10p ordinary		Sale		2,992		4.0700  GBP
10p ordinary		Sale		2,404		4.1054  GBP
10p ordinary		Sale		2,207		4.0676  GBP
10p ordinary		Sale		2,184		4.0875  GBP
10p ordinary		Sale		2,024		4.1017  GBP
10p ordinary		Sale		2,010		4.1020  GBP
10p ordinary		Sale		1,990		4.0670  GBP
10p ordinary		Sale		1,110		4.1036  GBP
10p ordinary		Sale		907		4.1040  GBP
10p ordinary		Sale		670		4.1021  GBP
10p ordinary		Sale		140		4.0728  GBP
10p ordinary		Sale		118		4.0809  GBP
10p ordinary		Sale		74		4.1038  GBP
10p ordinary		Sale		10		4.0664  GBP
10p ordinary		Sale		2		4.0860  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		Closing Short		200,000	4.0963  GBP
10p ordinary		SWAP		Closing Short		200,000	4.0870  GBP
10p ordinary		SWAP		Closing Short		266,443	4.0938  GBP
10p ordinary		SWAP		Decreasing Long		3	4.0966  GBP
10p ordinary		SWAP		Decreasing Long		26	4.0860  GBP
10p ordinary		SWAP		Decreasing Long		300	4.0843  GBP
10p ordinary		SWAP		Decreasing Long		445	4.1040  GBP
10p ordinary		SWAP		Decreasing Long		1,766	4.0772  GBP
10p ordinary		SWAP		Decreasing Long		2,138	4.0789  GBP
10p ordinary		SWAP		Decreasing Long		30,452	4.0936  GBP
10p ordinary		SWAP		Decreasing Long		43,140	4.0803  GBP
10p ordinary		SWAP		Decreasing Long		193,967	4.0940  GBP
10p ordinary		SWAP		Decreasing Long		445,487	4.0839  GBP
10p ordinary		CFD		Decreasing Short		127	4.0819  GBP
10p ordinary		SWAP		Decreasing Short		584	4.0773  GBP
10p ordinary		CFD		Decreasing Short		2,733	4.0960  GBP
10p ordinary		SWAP		Decreasing Short		5,037	4.0933  GBP
10p ordinary		SWAP		Decreasing Short		9,340	4.0832  GBP
10p ordinary		SWAP		Decreasing Short		11,546	4.0936  GBP
10p ordinary		CFD		Decreasing Short		15,147	4.1026  GBP
10p ordinary		CFD		Decreasing Short		21,402	4.0939  GBP
10p ordinary		CFD		Decreasing Short		95,099	4.0940  GBP
10p ordinary		SWAP		Decreasing Short		391,867	4.0843  GBP
10p ordinary		SWAP		Increasing Long		516	4.0884  GBP
10p ordinary		SWAP		Increasing Long		751	4.0960  GBP
10p ordinary		SWAP		Increasing Long		1,091	4.1003  GBP
10p ordinary		SWAP		Increasing Long		2,615	4.0974  GBP
10p ordinary		SWAP		Increasing Long		3,423	4.0717  GBP
10p ordinary		SWAP		Increasing Long		4,192	4.0941  GBP
10p ordinary		SWAP		Increasing Long		7,271	4.0914  GBP
10p ordinary		SWAP		Increasing Long		7,477	4.0906  GBP
10p ordinary		SWAP		Increasing Long		8,538	4.0870  GBP
10p ordinary		SWAP		Increasing Long		11,938	4.0938  GBP
10p ordinary		SWAP		Increasing Long		28,087	4.0804  GBP
10p ordinary		SWAP		Increasing Long		62,614	4.0939  GBP
10p ordinary		SWAP		Increasing Long		68,771	4.0823  GBP
10p ordinary		CFD		Increasing Short		92	4.0591  GBP
10p ordinary		CFD		Increasing Short		116	4.0939  GBP
10p ordinary		SWAP		Increasing Short		590	4.1023  GBP
10p ordinary		SWAP		Increasing Short		1,168	4.0773  GBP
10p ordinary		SWAP		Increasing Short		3,471	4.0846  GBP
10p ordinary		SWAP		Increasing Short		35,196	4.0940  GBP
10p ordinary		CFD		Increasing Short		259,393	4.0940  GBP
(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:				09 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END