Form 8.3 - DS SMITH PLC

Barclays PLC

30 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:				29 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:			31,472,540	2.28%	18,991,150	1.38%
(2)	Cash-settled derivatives:
	and/or controlled:			8,004,809	0.58%	30,177,030	2.19%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			39,477,349	2.86%	49,168,180	3.56%
(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		104,393		3.6990  GBP
10p ordinary		Purchase		92,278		3.6986  GBP
10p ordinary		Purchase		85,510		3.6980  GBP
10p ordinary		Purchase		84,934		3.6994  GBP
10p ordinary		Purchase		24,128		3.6968  GBP
10p ordinary		Purchase		16,081		3.7064  GBP
10p ordinary		Purchase		15,647		3.6995  GBP
10p ordinary		Purchase		15,339		3.7059  GBP
10p ordinary		Purchase		12,177		3.6985  GBP
10p ordinary		Purchase		11,701		3.7025  GBP
10p ordinary		Purchase		10,998		3.7052  GBP
10p ordinary		Purchase		10,926		3.7058  GBP
10p ordinary		Purchase		9,350		3.7015  GBP
10p ordinary		Purchase		8,501		3.7002  GBP
10p ordinary		Purchase		7,814		3.6949  GBP
10p ordinary		Purchase		6,758		3.7038  GBP
10p ordinary		Purchase		6,377		3.6963  GBP
10p ordinary		Purchase		4,121		3.6956  GBP
10p ordinary		Purchase		3,286		3.7042  GBP
10p ordinary		Purchase		3,214		3.6998  GBP
10p ordinary		Purchase		3,187		3.7000  GBP
10p ordinary		Purchase		3,101		3.6964  GBP
10p ordinary		Purchase		2,932		3.6962  GBP
10p ordinary		Purchase		2,533		3.7100  GBP
10p ordinary		Purchase		2,055		3.6960  GBP
10p ordinary		Purchase		1,755		3.7089  GBP
10p ordinary		Purchase		1,472		3.7120  GBP
10p ordinary		Purchase		1,238		3.7167  GBP
10p ordinary		Purchase		1,090		3.7200  GBP
10p ordinary		Purchase		856		3.7160  GBP
10p ordinary		Purchase		798		3.6920  GBP
10p ordinary		Purchase		766		3.7080  GBP
10p ordinary		Purchase		485		3.7140  GBP
10p ordinary		Purchase		394		3.7040  GBP
10p ordinary		Purchase		174		3.6941  GBP
10p ordinary		Purchase		44		3.6876  GBP
10p ordinary		Purchase		34		3.6969  GBP
10p ordinary		Purchase		3		3.7110  GBP
10p ordinary		Sale		400,000		3.7249  GBP
10p ordinary		Sale		235,211		3.6987  GBP
10p ordinary		Sale		140,406		3.7035  GBP
10p ordinary		Sale		138,734		3.6981  GBP
10p ordinary		Sale		55,437		3.7019  GBP
10p ordinary		Sale		48,124		3.7031  GBP
10p ordinary		Sale		47,861		3.7009  GBP
10p ordinary		Sale		40,347		3.6956  GBP
10p ordinary		Sale		30,338		3.6974  GBP
10p ordinary		Sale		28,906		3.6980  GBP
10p ordinary		Sale		18,818		3.7007  GBP
10p ordinary		Sale		16,081		3.7068  GBP
10p ordinary		Sale		15,647		3.6995  GBP
10p ordinary		Sale		12,201		3.7000  GBP
10p ordinary		Sale		10,998		3.7056  GBP
10p ordinary		Sale		10,926		3.7062  GBP
10p ordinary		Sale		10,244		3.7046  GBP
10p ordinary		Sale		9,567		3.6938  GBP
10p ordinary		Sale		6,782		3.7085  GBP
10p ordinary		Sale		6,682		3.7003  GBP
10p ordinary		Sale		6,608		3.7071  GBP
10p ordinary		Sale		6,459		3.6989  GBP
10p ordinary		Sale		6,411		3.7011  GBP
10p ordinary		Sale		5,553		3.6963  GBP
10p ordinary		Sale		4,767		3.7018  GBP
10p ordinary		Sale		4,718		3.6988  GBP
10p ordinary		Sale		4,121		3.6959  GBP
10p ordinary		Sale		3,730		3.6962  GBP
10p ordinary		Sale		2,663		3.6915  GBP
10p ordinary		Sale		2,474		3.6990  GBP
10p ordinary		Sale		2,463		3.6928  GBP
10p ordinary		Sale		2,147		3.6917  GBP
10p ordinary		Sale		1,702		3.7047  GBP
10p ordinary		Sale		1,631		3.6960  GBP
10p ordinary		Sale		1,515		3.7130  GBP
10p ordinary		Sale		1,431		3.6940  GBP
10p ordinary		Sale		1,196		3.7112  GBP
10p ordinary		Sale		1,090		3.7200  GBP
10p ordinary		Sale		944		3.6970  GBP
10p ordinary		Sale		856		3.7160  GBP
10p ordinary		Sale		824		3.6900  GBP
10p ordinary		Sale		798		3.6920  GBP
10p ordinary		Sale		766		3.7080  GBP
10p ordinary		Sale		413		3.7140  GBP
10p ordinary		Sale		394		3.7040  GBP
10p ordinary		Sale		33		3.6969  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 Long		30	3.6941  GBP
10p ordinary		SWAP		Closing Long		209	3.7167  GBP
10p ordinary		SWAP		Closing Long		232	3.7014  GBP
10p ordinary		SWAP		Closing Long		555	3.7042  GBP
10p ordinary		SWAP		Closing Long		1,077	3.6963  GBP
10p ordinary		SWAP		Closing Long		2,390	3.6980  GBP
10p ordinary		SWAP		Closing Long		2,593	3.7059  GBP
10p ordinary		SWAP		Decreasing Long		144	3.6941  GBP
10p ordinary		SWAP		Decreasing Long		1,029	3.7167  GBP
10p ordinary		SWAP		Decreasing Long		1,139	3.7014  GBP
10p ordinary		SWAP		Decreasing Long		2,533	3.7100  GBP
10p ordinary		SWAP		Decreasing Long		2,731	3.7042  GBP
10p ordinary		SWAP		Decreasing Long		5,300	3.6963  GBP
10p ordinary		SWAP		Decreasing Long		8,501	3.7002  GBP
10p ordinary		SWAP		Decreasing Long		12,746	3.7059  GBP
10p ordinary		SWAP		Decreasing Long		12,953	3.6980  GBP
10p ordinary		CFD		Decreasing Short		24	3.6958  GBP
10p ordinary		CFD		Decreasing Short		175	3.6960  GBP
10p ordinary		CFD		Decreasing Short		289	3.6959  GBP
10p ordinary		SWAP		Decreasing Short		314	3.6940  GBP
10p ordinary		CFD		Decreasing Short		428	3.7136  GBP
10p ordinary		CFD		Decreasing Short		564	3.6980  GBP
10p ordinary		SWAP		Decreasing Short		643	3.7036  GBP
10p ordinary		CFD		Decreasing Short		1,332	3.7014  GBP
10p ordinary		SWAP		Decreasing Short		2,463	3.6928  GBP
10p ordinary		CFD		Decreasing Short		3,374	3.6995  GBP
10p ordinary		SWAP		Decreasing Short		5,553	3.6963  GBP
10p ordinary		CFD		Decreasing Short		14,859	3.6935  GBP
10p ordinary		SWAP		Decreasing Short		41,051	3.6993  GBP
10p ordinary		SWAP		Decreasing Short		44,797	3.7032  GBP
10p ordinary		SWAP		Decreasing Short		77,137	3.6981  GBP
10p ordinary		SWAP		Decreasing Short		79,656	3.7009  GBP
10p ordinary		SWAP		Decreasing Short		80,885	3.6980  GBP
10p ordinary		SWAP		Decreasing Short		140,406	3.7035  GBP
10p ordinary		SWAP		Increasing Long		40,347	3.6956  GBP
10p ordinary		CFD		Increasing Short		24	3.6958  GBP
10p ordinary		CFD		Increasing Short		175	3.6960  GBP
10p ordinary		CFD		Increasing Short		289	3.6959  GBP
10p ordinary		SWAP		Increasing Short		424	3.6960  GBP
10p ordinary		CFD		Increasing Short		564	3.6980  GBP
10p ordinary		CFD		Increasing Short		1,472	3.7119  GBP
10p ordinary		SWAP		Increasing Short		1,488	3.7009  GBP
10p ordinary		SWAP		Increasing Short		2,754	3.6980  GBP
10p ordinary		SWAP		Increasing Short		7,814	3.6949  GBP
10p ordinary		CFD		Increasing Short		15,647	3.6995  GBP
10p ordinary		SWAP		Increasing Short		75,378	3.6985  GBP
10p ordinary		SWAP		Opening Long		13,356	3.6987  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:				30 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END