Form 8.3 - DS SMITH PLC

Barclays PLC

31 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:				30 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:			31,299,709	2.27%	19,039,488	1.38%
(2)	Cash-settled derivatives:
	and/or controlled:			7,870,977	0.57%	30,062,631	2.18%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			39,170,686	2.84%	49,102,119	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		770,315		3.6956  GBP
10p ordinary		Purchase		724,791		3.7434  GBP
10p ordinary		Purchase		319,773		3.7456  GBP
10p ordinary		Purchase		301,336		3.7454  GBP
10p ordinary		Purchase		100,000		3.7009  GBP
10p ordinary		Purchase		66,961		3.7059  GBP
10p ordinary		Purchase		37,464		3.7130  GBP
10p ordinary		Purchase		34,696		3.7069  GBP
10p ordinary		Purchase		28,910		3.7460  GBP
10p ordinary		Purchase		19,603		3.7168  GBP
10p ordinary		Purchase		15,628		3.7100  GBP
10p ordinary		Purchase		14,538		3.7081  GBP
10p ordinary		Purchase		12,600		3.7110  GBP
10p ordinary		Purchase		4,711		3.6966  GBP
10p ordinary		Purchase		4,473		3.7104  GBP
10p ordinary		Purchase		4,409		3.7458  GBP
10p ordinary		Purchase		3,801		3.7066  GBP
10p ordinary		Purchase		3,666		3.6964  GBP
10p ordinary		Purchase		3,519		3.7053  GBP
10p ordinary		Purchase		3,411		3.7090  GBP
10p ordinary		Purchase		3,321		3.7120  GBP
10p ordinary		Purchase		2,521		3.7083  GBP
10p ordinary		Purchase		2,232		3.6960  GBP
10p ordinary		Purchase		2,114		3.6649  GBP
10p ordinary		Purchase		2,106		3.7000  GBP
10p ordinary		Purchase		2,091		3.6916  GBP
10p ordinary		Purchase		2,055		3.7124  GBP
10p ordinary		Purchase		2,005		3.6650  GBP
10p ordinary		Purchase		1,917		3.7080  GBP
10p ordinary		Purchase		1,723		3.7140  GBP
10p ordinary		Purchase		1,416		3.7075  GBP
10p ordinary		Purchase		1,387		3.7071  GBP
10p ordinary		Purchase		987		3.7076  GBP
10p ordinary		Purchase		804		3.6820  GBP
10p ordinary		Purchase		619		3.7132  GBP
10p ordinary		Purchase		428		3.7200  GBP
10p ordinary		Purchase		388		3.7040  GBP
10p ordinary		Purchase		81		3.7060  GBP
10p ordinary		Purchase		80		3.7438  GBP
10p ordinary		Sale		452,404		3.7437  GBP
10p ordinary		Sale		446,691		3.7460  GBP
10p ordinary		Sale		343,755		3.7450  GBP
10p ordinary		Sale		301,336		3.7454  GBP
10p ordinary		Sale		270,777		3.6954  GBP
10p ordinary		Sale		197,542		3.6920  GBP
10p ordinary		Sale		109,673		3.6969  GBP
10p ordinary		Sale		97,020		3.7005  GBP
10p ordinary		Sale		78,000		3.7094  GBP
10p ordinary		Sale		60,000		3.7112  GBP
10p ordinary		Sale		51,682		3.6960  GBP
10p ordinary		Sale		45,557		3.7068  GBP
10p ordinary		Sale		22,523		3.6982  GBP
10p ordinary		Sale		21,666		3.6963  GBP
10p ordinary		Sale		10,822		3.6912  GBP
10p ordinary		Sale		7,794		3.7003  GBP
10p ordinary		Sale		6,808		3.7079  GBP
10p ordinary		Sale		5,866		3.7000  GBP
10p ordinary		Sale		5,849		3.7051  GBP
10p ordinary		Sale		5,738		3.6880  GBP
10p ordinary		Sale		5,373		3.7004  GBP
10p ordinary		Sale		4,609		3.6999  GBP
10p ordinary		Sale		3,844		3.7015  GBP
10p ordinary		Sale		3,798		3.7033  GBP
10p ordinary		Sale		3,544		3.7012  GBP
10p ordinary		Sale		2,949		3.6907  GBP
10p ordinary		Sale		2,882		3.7245  GBP
10p ordinary		Sale		2,704		3.6974  GBP
10p ordinary		Sale		2,552		3.7030  GBP
10p ordinary		Sale		2,513		3.7024  GBP
10p ordinary		Sale		2,055		3.7124  GBP
10p ordinary		Sale		1,681		3.7080  GBP
10p ordinary		Sale		1,163		3.6932  GBP
10p ordinary		Sale		1,143		3.6995  GBP
10p ordinary		Sale		845		3.7020  GBP
10p ordinary		Sale		804		3.6820  GBP
10p ordinary		Sale		600		3.7240  GBP
10p ordinary		Sale		484		3.6900  GBP
10p ordinary		Sale		447		3.7103  GBP
10p ordinary		Sale		428		3.7203  GBP
10p ordinary		Sale		403		3.7143  GBP
10p ordinary		Sale		388		3.7040  GBP
10p ordinary		Sale		81		3.7060  GBP
10p ordinary		Sale		72		3.6996  GBP
10p ordinary		Sale		1,266		3.7438  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		473	3.7132  GBP
10p ordinary		SWAP		Closing Long		1,039	3.7104  GBP
10p ordinary		SWAP		Closing Long		1,122	3.7000  GBP
10p ordinary		SWAP		Closing Long		1,416	3.7075  GBP
10p ordinary		SWAP		Closing Long		2,521	3.7083  GBP
10p ordinary		SWAP		Closing Long		3,666	3.6964  GBP
10p ordinary		SWAP		Closing Long		6,151	3.7460  GBP
10p ordinary		SWAP		Closing Long		12,462	3.7081  GBP
10p ordinary		SWAP		Closing Long		29,756	3.7069  GBP
10p ordinary		SWAP		Decreasing Long		146	3.7132  GBP
10p ordinary		SWAP		Decreasing Long		304	3.6960  GBP
10p ordinary		SWAP		Decreasing Long		322	3.7104  GBP
10p ordinary		SWAP		Decreasing Long		2,076	3.7081  GBP
10p ordinary		SWAP		Decreasing Long		2,158	3.7460  GBP
10p ordinary		SWAP		Decreasing Long		4,940	3.7070  GBP
10p ordinary		SWAP		Decreasing Long		66,961	3.7059  GBP
10p ordinary		CFD		Decreasing Short		52	3.7461  GBP
10p ordinary		CFD		Decreasing Short		63	3.7460  GBP
10p ordinary		SWAP		Decreasing Short		600	3.7240  GBP
10p ordinary		SWAP		Decreasing Short		1,163	3.6932  GBP
10p ordinary		SWAP		Decreasing Short		2,704	3.6974  GBP
10p ordinary		CFD		Decreasing Short		4,823	3.7186  GBP
10p ordinary		CFD		Decreasing Short		5,040	3.7459  GBP
10p ordinary		SWAP		Decreasing Short		39,670	3.7453  GBP
10p ordinary		SWAP		Decreasing Short		45,557	3.7068  GBP
10p ordinary		SWAP		Decreasing Short		78,000	3.7094  GBP
10p ordinary		CFD		Decreasing Short		88,731	3.7456  GBP
10p ordinary		SWAP		Decreasing Short		134,315	3.7460  GBP
10p ordinary		SWAP		Decreasing Short		163,014	3.7458  GBP
10p ordinary		SWAP		Increasing Long		1,681	3.7080  GBP
10p ordinary		CFD		Increasing Short		52	3.7461  GBP
10p ordinary		CFD		Increasing Short		63	3.7460  GBP
10p ordinary		SWAP		Increasing Short		1,182	3.6960  GBP
10p ordinary		CFD		Increasing Short		1,387	3.7071  GBP
10p ordinary		CFD		Increasing Short		2,055	3.7124  GBP
10p ordinary		SWAP		Increasing Short		2,316	3.7193  GBP
10p ordinary		SWAP		Increasing Short		4,242	3.7247  GBP
10p ordinary		CFD		Increasing Short		5,040	3.7459  GBP
10p ordinary		SWAP		Increasing Short		19,603	3.7168  GBP
10p ordinary		SWAP		Increasing Short		109,115	3.7422  GBP
10p ordinary		CFD		Increasing Short		301,336	3.7454  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:				31 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END