Form 8.3 - DS SMITH PLC

Barclays PLC

20 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:				17 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?				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:			26,035,588	1.89%	19,334,397	1.40%
(2)	Cash-settled derivatives:
	and/or controlled:			8,194,765	0.59%	24,469,013	1.77%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			34,230,353	2.48%	43,803,410	3.18%
(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		277,687		3.7416  GBP
10p ordinary		Purchase		193,265		3.7420  GBP
10p ordinary		Purchase		100,963		3.6824  GBP
10p ordinary		Purchase		77,771		3.7315  GBP
10p ordinary		Purchase		60,279		3.7317  GBP
10p ordinary		Purchase		52,633		3.6703  GBP
10p ordinary		Purchase		33,730		3.7227  GBP
10p ordinary		Purchase		29,469		3.7013  GBP
10p ordinary		Purchase		20,900		3.6993  GBP
10p ordinary		Purchase		14,743		3.6725  GBP
10p ordinary		Purchase		13,224		3.6701  GBP
10p ordinary		Purchase		5,720		3.7139  GBP
10p ordinary		Purchase		5,366		3.7390  GBP
10p ordinary		Purchase		5,290		3.7277  GBP
10p ordinary		Purchase		4,900		3.7209  GBP
10p ordinary		Purchase		4,760		3.6686  GBP
10p ordinary		Purchase		4,630		3.7061  GBP
10p ordinary		Purchase		4,602		3.7282  GBP
10p ordinary		Purchase		4,512		3.6983  GBP
10p ordinary		Purchase		4,020		3.7547  GBP
10p ordinary		Purchase		3,772		3.7355  GBP
10p ordinary		Purchase		3,376		3.7370  GBP
10p ordinary		Purchase		3,348		3.6793  GBP
10p ordinary		Purchase		3,174		3.7385  GBP
10p ordinary		Purchase		3,133		3.7381  GBP
10p ordinary		Purchase		2,665		3.7380  GBP
10p ordinary		Purchase		2,348		3.7235  GBP
10p ordinary		Purchase		1,647		3.7037  GBP
10p ordinary		Purchase		1,597		3.7205  GBP
10p ordinary		Purchase		1,560		3.6800  GBP
10p ordinary		Purchase		1,353		3.6813  GBP
10p ordinary		Purchase		1,163		3.7283  GBP
10p ordinary		Purchase		1,042		3.6820  GBP
10p ordinary		Purchase		863		3.7080  GBP
10p ordinary		Purchase		795		3.7340  GBP
10p ordinary		Purchase		647		3.6760  GBP
10p ordinary		Purchase		552		3.7180  GBP
10p ordinary		Purchase		391		3.7393  GBP
10p ordinary		Purchase		1		3.6815  GBP
10p ordinary		Sale		297,157		3.7376  GBP
10p ordinary		Sale		102,206		3.7287  GBP
10p ordinary		Sale		81,545		3.7416  GBP
10p ordinary		Sale		79,870		3.7009  GBP
10p ordinary		Sale		77,771		3.7315  GBP
10p ordinary		Sale		46,214		3.7263  GBP
10p ordinary		Sale		44,238		3.7420  GBP
10p ordinary		Sale		43,114		3.7171  GBP
10p ordinary		Sale		32,884		3.7247  GBP
10p ordinary		Sale		17,823		3.6701  GBP
10p ordinary		Sale		9,900		3.7346  GBP
10p ordinary		Sale		8,484		3.7314  GBP
10p ordinary		Sale		6,173		3.7023  GBP
10p ordinary		Sale		5,290		3.7277  GBP
10p ordinary		Sale		4,976		3.7050  GBP
10p ordinary		Sale		4,900		3.7209  GBP
10p ordinary		Sale		4,672		3.6681  GBP
10p ordinary		Sale		4,590		3.6896  GBP
10p ordinary		Sale		4,542		3.7285  GBP
10p ordinary		Sale		4,228		3.6734  GBP
10p ordinary		Sale		4,072		3.7015  GBP
10p ordinary		Sale		3,809		3.7122  GBP
10p ordinary		Sale		3,579		3.7380  GBP
10p ordinary		Sale		3,236		3.7340  GBP
10p ordinary		Sale		2,799		3.7412  GBP
10p ordinary		Sale		2,791		3.6780  GBP
10p ordinary		Sale		2,192		3.6760  GBP
10p ordinary		Sale		2,079		3.6625  GBP
10p ordinary		Sale		1,911		3.6777  GBP
10p ordinary		Sale		1,869		3.7215  GBP
10p ordinary		Sale		1,797		3.6716  GBP
10p ordinary		Sale		1,678		3.7079  GBP
10p ordinary		Sale		1,616		3.7033  GBP
10p ordinary		Sale		1,083		3.7016  GBP
10p ordinary		Sale		1,042		3.6820  GBP
10p ordinary		Sale		948		3.7350  GBP
10p ordinary		Sale		866		3.6821  GBP
10p ordinary		Sale		832		3.7360  GBP
10p ordinary		Sale		755		3.7000  GBP
10p ordinary		Sale		754		3.6880  GBP
10p ordinary		Sale		740		3.7220  GBP
10p ordinary		Sale		662		3.7560  GBP
10p ordinary		Sale		552		3.7180  GBP
10p ordinary		Sale		259		3.6840  GBP
10p ordinary		Sale		60		3.7110  GBP
10p ordinary		Sale		40		3.7020  GBP
10p ordinary		Sale		38		3.7200  GBP
10p ordinary		Sale		31		3.7260  GBP
10p ordinary		Sale		-14		3.7398  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		CFD		Decreasing Short		440	3.7420  GBP
10p ordinary		CFD		Decreasing Short		731	3.7496  GBP
10p ordinary		SWAP		Decreasing Short		1,678	3.7080  GBP
10p ordinary		SWAP		Decreasing Short		1,911	3.6777  GBP
10p ordinary		CFD		Decreasing Short		7,190	3.7162  GBP
10p ordinary		CFD		Decreasing Short		22,351	3.7338  GBP
10p ordinary		CFD		Decreasing Short		30,961	3.7419  GBP
10p ordinary		SWAP		Decreasing Short		32,069	3.7369  GBP
10p ordinary		SWAP		Decreasing Short		35,682	3.7420  GBP
10p ordinary		SWAP		Decreasing Short		43,114	3.7171  GBP
10p ordinary		SWAP		Decreasing Short		58,301	3.7415  GBP
10p ordinary		CFD		Decreasing Short		103,120	3.7285  GBP
10p ordinary		SWAP		Increasing Long		2,799	3.7412  GBP
10p ordinary		SWAP		Increasing Long		38,034	3.7263  GBP
10p ordinary		CFD		Increasing Short		11	3.7418  GBP
10p ordinary		CFD		Increasing Short		440	3.7420  GBP
10p ordinary		SWAP		Increasing Short		1,353	3.6813  GBP
10p ordinary		SWAP		Increasing Short		3,348	3.6793  GBP
10p ordinary		SWAP		Increasing Short		10,923	3.6997  GBP
10p ordinary		CFD		Increasing Short		13,224	3.6701  GBP
10p ordinary		SWAP		Increasing Short		15,287	3.6700  GBP
10p ordinary		SWAP		Increasing Short		17,498	3.7051  GBP
10p ordinary		SWAP		Increasing Short		29,469	3.7013  GBP
10p ordinary		SWAP		Increasing Short		33,730	3.7227  GBP
10p ordinary		SWAP		Increasing Short		60,279	3.7317  GBP
10p ordinary		SWAP		Increasing Short		70,335	3.6875  GBP
10p ordinary		SWAP		Opening Long		49,475	3.7154  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:				20 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END