Form 8.3 - DS SMITH PLC

Barclays PLC

17 May 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:				16 May 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:			25,870,866	1.88%	19,228,903	1.39%
(2)	Cash-settled derivatives:
	and/or controlled:			8,413,709	0.61%	24,520,664	1.78%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			34,284,575	2.49%	43,749,567	3.17%
(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		237,293		3.6931  GBP
10p ordinary		Purchase		114,257		3.6940  GBP
10p ordinary		Purchase		111,473		3.6872  GBP
10p ordinary		Purchase		89,717		3.6891  GBP
10p ordinary		Purchase		80,000		3.6809  GBP
10p ordinary		Purchase		62,127		3.6764  GBP
10p ordinary		Purchase		48,802		3.6916  GBP
10p ordinary		Purchase		47,902		3.6900  GBP
10p ordinary		Purchase		30,161		3.6841  GBP
10p ordinary		Purchase		27,787		3.6787  GBP
10p ordinary		Purchase		25,906		3.6936  GBP
10p ordinary		Purchase		23,050		3.6824  GBP
10p ordinary		Purchase		22,530		3.6833  GBP
10p ordinary		Purchase		17,112		3.6860  GBP
10p ordinary		Purchase		11,951		3.6829  GBP
10p ordinary		Purchase		11,860		3.6832  GBP
10p ordinary		Purchase		11,750		3.6816  GBP
10p ordinary		Purchase		9,944		3.6843  GBP
10p ordinary		Purchase		9,287		3.6879  GBP
10p ordinary		Purchase		8,017		3.6877  GBP
10p ordinary		Purchase		7,500		3.6659  GBP
10p ordinary		Purchase		6,153		3.6775  GBP
10p ordinary		Purchase		5,897		3.6720  GBP
10p ordinary		Purchase		5,342		3.6821  GBP
10p ordinary		Purchase		5,008		3.6945  GBP
10p ordinary		Purchase		4,731		3.6788  GBP
10p ordinary		Purchase		4,664		3.6797  GBP
10p ordinary		Purchase		3,563		3.6620  GBP
10p ordinary		Purchase		3,250		3.6761  GBP
10p ordinary		Purchase		1,629		3.6870  GBP
10p ordinary		Purchase		1,471		3.6800  GBP
10p ordinary		Purchase		973		3.6754  GBP
10p ordinary		Purchase		914		3.6920  GBP
10p ordinary		Purchase		898		3.6926  GBP
10p ordinary		Purchase		842		3.6820  GBP
10p ordinary		Purchase		773		3.6680  GBP
10p ordinary		Purchase		750		3.6740  GBP
10p ordinary		Purchase		20		3.6846  GBP
10p ordinary		Sale		392,455		3.6940  GBP
10p ordinary		Sale		215,000		3.6869  GBP
10p ordinary		Sale		118,685		3.6876  GBP
10p ordinary		Sale		58,648		3.6854  GBP
10p ordinary		Sale		56,359		3.6917  GBP
10p ordinary		Sale		51,244		3.6873  GBP
10p ordinary		Sale		48,802		3.6916  GBP
10p ordinary		Sale		35,045		3.6848  GBP
10p ordinary		Sale		30,451		3.6792  GBP
10p ordinary		Sale		24,186		3.6941  GBP
10p ordinary		Sale		18,034		3.6811  GBP
10p ordinary		Sale		17,206		3.6860  GBP
10p ordinary		Sale		15,879		3.6823  GBP
10p ordinary		Sale		13,606		3.6867  GBP
10p ordinary		Sale		11,860		3.6832  GBP
10p ordinary		Sale		10,000		3.6672  GBP
10p ordinary		Sale		9,890		3.6808  GBP
10p ordinary		Sale		8,017		3.6877  GBP
10p ordinary		Sale		5,960		3.6773  GBP
10p ordinary		Sale		5,850		3.6804  GBP
10p ordinary		Sale		5,342		3.6821  GBP
10p ordinary		Sale		5,017		3.6874  GBP
10p ordinary		Sale		4,664		3.6797  GBP
10p ordinary		Sale		3,759		3.6782  GBP
10p ordinary		Sale		3,220		3.6801  GBP
10p ordinary		Sale		3,080		3.6798  GBP
10p ordinary		Sale		2,922		3.6896  GBP
10p ordinary		Sale		2,617		3.6663  GBP
10p ordinary		Sale		2,502		3.6751  GBP
10p ordinary		Sale		2,141		3.6846  GBP
10p ordinary		Sale		2,073		3.6812  GBP
10p ordinary		Sale		1,955		3.6760  GBP
10p ordinary		Sale		1,642		3.6900  GBP
10p ordinary		Sale		1,641		3.6870  GBP
10p ordinary		Sale		1,397		3.6920  GBP
10p ordinary		Sale		1,343		3.6560  GBP
10p ordinary		Sale		972		3.6810  GBP
10p ordinary		Sale		897		3.6840  GBP
10p ordinary		Sale		786		3.6820  GBP
10p ordinary		Sale		744		3.6680  GBP
10p ordinary		Sale		597		3.6780  GBP
10p ordinary		Sale		460		3.6830  GBP
10p ordinary		Sale		402		3.6838  GBP
10p ordinary		Sale		279		3.6880  GBP
10p ordinary		Sale		139		3.6794  GBP
10p ordinary		Sale		6		3.6918  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		773	3.6680  GBP
10p ordinary		SWAP		Decreasing Long		2,045	3.6900  GBP
10p ordinary		SWAP		Decreasing Long		5,008	3.6945  GBP
10p ordinary		SWAP		Decreasing Short		28	3.6600  GBP
10p ordinary		SWAP		Decreasing Short		162	3.6920  GBP
10p ordinary		SWAP		Decreasing Short		279	3.6880  GBP
10p ordinary		CFD		Decreasing Short		318	3.6939  GBP
10p ordinary		SWAP		Decreasing Short		594	3.6760  GBP
10p ordinary		CFD		Decreasing Short		914	3.6920  GBP
10p ordinary		SWAP		Decreasing Short		2,617	3.6663  GBP
10p ordinary		SWAP		Decreasing Short		14,866	3.6939  GBP
10p ordinary		SWAP		Decreasing Short		25,723	3.6940  GBP
10p ordinary		CFD		Decreasing Short		33,298	3.6869  GBP
10p ordinary		SWAP		Decreasing Short		61,500	3.6869  GBP
10p ordinary		SWAP		Decreasing Short		153,500	3.6869  GBP
10p ordinary		CFD		Decreasing Short		236,631	3.6940  GBP
10p ordinary		SWAP		Increasing Long		15,817	3.6823  GBP
10p ordinary		CFD		Increasing Short		245	3.6940  GBP
10p ordinary		SWAP		Increasing Short		3,250	3.6761  GBP
10p ordinary		SWAP		Increasing Short		5,897	3.6720  GBP
10p ordinary		SWAP		Increasing Short		23,652	3.6940  GBP
10p ordinary		SWAP		Increasing Short		24,983	3.6926  GBP
10p ordinary		SWAP		Increasing Short		27,787	3.6787  GBP
10p ordinary		SWAP		Increasing Short		28,922	3.6828  GBP
10p ordinary		SWAP		Increasing Short		39,149	3.6836  GBP
10p ordinary		SWAP		Increasing Short		43,729	3.6940  GBP
10p ordinary		SWAP		Increasing Short		62,127	3.6764  GBP
10p ordinary		SWAP		Increasing Short		89,717	3.6891  GBP
10p ordinary		CFD		Increasing Short		105,477	3.6939  GBP
10p ordinary		SWAP		Opening Long		54,199	3.6831  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:				17 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END