Form 8.3 - DS SMITH PLC

Barclays PLC

29 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:				28 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:			32,322,780	2.34%	18,997,059	1.38%
(2)	Cash-settled derivatives:
	and/or controlled:			8,005,268	0.58%	31,016,754	2.25%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			40,328,048	2.92%	50,013,813	3.63%
(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		686,447		3.7421  GBP
10p ordinary		Purchase		448,239		3.7440  GBP
10p ordinary		Purchase		362,063		3.7156  GBP
10p ordinary		Purchase		194,362		3.7405  GBP
10p ordinary		Purchase		110,154		3.7302  GBP
10p ordinary		Purchase		67,895		3.7162  GBP
10p ordinary		Purchase		27,961		3.7159  GBP
10p ordinary		Purchase		15,523		3.7271  GBP
10p ordinary		Purchase		12,156		3.7187  GBP
10p ordinary		Purchase		11,013		3.6971  GBP
10p ordinary		Purchase		10,127		3.7238  GBP
10p ordinary		Purchase		8,838		3.7303  GBP
10p ordinary		Purchase		8,832		3.7068  GBP
10p ordinary		Purchase		8,034		3.7188  GBP
10p ordinary		Purchase		7,971		3.7191  GBP
10p ordinary		Purchase		5,767		3.7040  GBP
10p ordinary		Purchase		5,715		3.7020  GBP
10p ordinary		Purchase		4,995		3.7307  GBP
10p ordinary		Purchase		3,913		3.7054  GBP
10p ordinary		Purchase		3,368		3.7060  GBP
10p ordinary		Purchase		2,875		3.7441  GBP
10p ordinary		Purchase		2,592		3.6996  GBP
10p ordinary		Purchase		2,590		3.7540  GBP
10p ordinary		Purchase		2,487		3.7169  GBP
10p ordinary		Purchase		2,215		3.7299  GBP
10p ordinary		Purchase		2,140		3.7500  GBP
10p ordinary		Purchase		2,008		3.7266  GBP
10p ordinary		Purchase		1,841		3.7520  GBP
10p ordinary		Purchase		1,819		3.7291  GBP
10p ordinary		Purchase		1,570		3.7200  GBP
10p ordinary		Purchase		1,349		3.7511  GBP
10p ordinary		Purchase		970		3.7560  GBP
10p ordinary		Purchase		878		3.7080  GBP
10p ordinary		Purchase		862		3.7280  GBP
10p ordinary		Purchase		848		3.7400  GBP
10p ordinary		Purchase		794		3.7480  GBP
10p ordinary		Purchase		745		3.7180  GBP
10p ordinary		Purchase		424		3.7219  GBP
10p ordinary		Purchase		210		3.7550  GBP
10p ordinary		Purchase		21		3.7429  GBP
10p ordinary		Sale		549,043		3.7440  GBP
10p ordinary		Sale		247,754		3.7309  GBP
10p ordinary		Sale		134,593		3.7273  GBP
10p ordinary		Sale		120,892		3.7437  GBP
10p ordinary		Sale		70,872		3.7438  GBP
10p ordinary		Sale		59,916		3.7439  GBP
10p ordinary		Sale		35,903		3.7164  GBP
10p ordinary		Sale		10,338		3.7048  GBP
10p ordinary		Sale		9,494		3.6960  GBP
10p ordinary		Sale		8,401		3.7072  GBP
10p ordinary		Sale		6,962		3.7075  GBP
10p ordinary		Sale		6,159		3.7006  GBP
10p ordinary		Sale		5,020		3.7040  GBP
10p ordinary		Sale		4,937		3.7038  GBP
10p ordinary		Sale		3,107		3.7060  GBP
10p ordinary		Sale		2,590		3.7540  GBP
10p ordinary		Sale		2,140		3.7500  GBP
10p ordinary		Sale		1,841		3.7520  GBP
10p ordinary		Sale		1,828		3.7138  GBP
10p ordinary		Sale		1,444		3.7020  GBP
10p ordinary		Sale		1,299		3.7100  GBP
10p ordinary		Sale		970		3.7560  GBP
10p ordinary		Sale		878		3.7080  GBP
10p ordinary		Sale		862		3.7280  GBP
10p ordinary		Sale		794		3.7480  GBP
10p ordinary		Sale		745		3.7360  GBP
10p ordinary		Sale		212		3.7170  GBP
10p ordinary		Sale		106		3.7400  GBP
10p ordinary		Sale		716		3.7429  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		45,598	3.7209  GBP
10p ordinary		SWAP		Closing Short		60,502	3.7210  GBP
10p ordinary		SWAP		Closing Short		135,096	3.7440  GBP
10p ordinary		SWAP		Decreasing Long		3,913	3.7054  GBP
10p ordinary		CFD		Decreasing Short		93	3.7439  GBP
10p ordinary		CFD		Decreasing Short		688	3.7000  GBP
10p ordinary		CFD		Decreasing Short		866	3.7295  GBP
10p ordinary		CFD		Decreasing Short		1,023	3.7440  GBP
10p ordinary		CFD		Decreasing Short		2,590	3.7268  GBP
10p ordinary		SWAP		Decreasing Short		4,937	3.7038  GBP
10p ordinary		SWAP		Decreasing Short		6,159	3.7006  GBP
10p ordinary		CFD		Decreasing Short		7,412	3.6995  GBP
10p ordinary		CFD		Decreasing Short		42,077	3.7105  GBP
10p ordinary		CFD		Decreasing Short		50,495	3.7123  GBP
10p ordinary		SWAP		Decreasing Short		134,593	3.7273  GBP
10p ordinary		SWAP		Decreasing Short		140,751	3.7426  GBP
10p ordinary		SWAP		Increasing Long		10,338	3.7048  GBP
10p ordinary		CFD		Increasing Short		93	3.7439  GBP
10p ordinary		SWAP		Increasing Short		261	3.7060  GBP
10p ordinary		CFD		Increasing Short		688	3.7000  GBP
10p ordinary		SWAP		Increasing Short		2,592	3.6996  GBP
10p ordinary		SWAP		Increasing Short		2,875	3.7441  GBP
10p ordinary		SWAP		Increasing Short		37,667	3.7225  GBP
10p ordinary		SWAP		Increasing Short		51,829	3.7161  GBP
10p ordinary		SWAP		Increasing Short		61,931	3.7307  GBP
10p ordinary		SWAP		Increasing Short		106,289	3.7440  GBP
10p ordinary		SWAP		Increasing Short		110,154	3.7302  GBP
10p ordinary		SWAP		Increasing Short		111,214	3.7439  GBP
10p ordinary		SWAP		Increasing Short		362,063	3.7156  GBP
10p ordinary		CFD		Increasing Short		383,155	3.7440  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:				29 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END