Form 8.3 -DS SMITH PLC

Barclays PLC

03 June 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:				31 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:			29,284,044	2.12%	19,101,336	1.38%
(2)	Cash-settled derivatives:
	and/or controlled:			7,865,500	0.57%	28,063,528	2.03%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			37,149,544	2.69%	47,164,864	3.42%
(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		1,082,166		3.8100  GBP
10p ordinary		Purchase		858,003		3.8098  GBP
10p ordinary		Purchase		282,069		3.8068  GBP
10p ordinary		Purchase		88,882		3.7856  GBP
10p ordinary		Purchase		36,740		3.7458  GBP
10p ordinary		Purchase		12,016		3.7468  GBP
10p ordinary		Purchase		9,168		3.7900  GBP
10p ordinary		Purchase		5,590		3.7758  GBP
10p ordinary		Purchase		5,551		3.7876  GBP
10p ordinary		Purchase		3,990		3.7835  GBP
10p ordinary		Purchase		3,650		3.7638  GBP
10p ordinary		Purchase		3,110		3.7809  GBP
10p ordinary		Purchase		2,648		3.7440  GBP
10p ordinary		Purchase		2,236		3.7573  GBP
10p ordinary		Purchase		2,181		3.7833  GBP
10p ordinary		Purchase		1,728		3.7844  GBP
10p ordinary		Purchase		1,605		3.7779  GBP
10p ordinary		Purchase		1,196		3.7654  GBP
10p ordinary		Purchase		1,190		3.7855  GBP
10p ordinary		Purchase		736		3.7600  GBP
10p ordinary		Purchase		645		3.7692  GBP
10p ordinary		Purchase		553		3.7774  GBP
10p ordinary		Purchase		463		3.7660  GBP
10p ordinary		Purchase		451		3.7805  GBP
10p ordinary		Purchase		339		3.7540  GBP
10p ordinary		Purchase		157		3.7880  GBP
10p ordinary		Purchase		55		3.8078  GBP
10p ordinary		Purchase		7		3.7403  GBP
10p ordinary		Sale		1,672,280		3.8088  GBP
10p ordinary		Sale		1,358,838		3.8100  GBP
10p ordinary		Sale		225,759		3.7883  GBP
10p ordinary		Sale		72,697		3.7833  GBP
10p ordinary		Sale		69,117		3.8097  GBP
10p ordinary		Sale		31,391		3.7533  GBP
10p ordinary		Sale		30,091		3.7852  GBP
10p ordinary		Sale		28,619		3.8021  GBP
10p ordinary		Sale		25,122		3.7733  GBP
10p ordinary		Sale		18,550		3.7835  GBP
10p ordinary		Sale		14,788		3.7635  GBP
10p ordinary		Sale		12,016		3.7470  GBP
10p ordinary		Sale		8,632		3.7734  GBP
10p ordinary		Sale		5,742		3.7578  GBP
10p ordinary		Sale		5,645		3.7663  GBP
10p ordinary		Sale		5,392		3.7736  GBP
10p ordinary		Sale		5,233		3.7808  GBP
10p ordinary		Sale		4,630		3.7806  GBP
10p ordinary		Sale		4,312		3.7826  GBP
10p ordinary		Sale		4,254		3.7789  GBP
10p ordinary		Sale		4,136		3.7900  GBP
10p ordinary		Sale		4,023		3.7756  GBP
10p ordinary		Sale		3,730		3.8067  GBP
10p ordinary		Sale		2,871		3.7824  GBP
10p ordinary		Sale		2,648		3.7440  GBP
10p ordinary		Sale		2,451		3.7783  GBP
10p ordinary		Sale		2,417		3.7801  GBP
10p ordinary		Sale		2,184		3.7729  GBP
10p ordinary		Sale		1,836		3.7882  GBP
10p ordinary		Sale		1,401		3.7840  GBP
10p ordinary		Sale		1,157		3.7698  GBP
10p ordinary		Sale		953		3.7721  GBP
10p ordinary		Sale		736		3.7600  GBP
10p ordinary		Sale		627		3.7560  GBP
10p ordinary		Sale		339		3.7540  GBP
10p ordinary		Sale		704		3.8078  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		7	3.7403  GBP
10p ordinary		SWAP		Decreasing Long		157	3.7880  GBP
10p ordinary		SWAP		Decreasing Long		348	3.7659  GBP
10p ordinary		SWAP		Decreasing Long		451	3.7805  GBP
10p ordinary		SWAP		Decreasing Long		553	3.7774  GBP
10p ordinary		SWAP		Decreasing Long		645	3.7692  GBP
10p ordinary		SWAP		Decreasing Long		1,190	3.7855  GBP
10p ordinary		SWAP		Decreasing Long		1,196	3.7654  GBP
10p ordinary		SWAP		Decreasing Long		1,728	3.7844  GBP
10p ordinary		SWAP		Decreasing Long		2,181	3.7833  GBP
10p ordinary		SWAP		Decreasing Long		3,110	3.7809  GBP
10p ordinary		SWAP		Decreasing Long		5,551	3.7876  GBP
10p ordinary		SWAP		Decreasing Long		6,910	3.8100  GBP
10p ordinary		CFD		Decreasing Short		11	3.7500  GBP
10p ordinary		CFD		Decreasing Short		227	3.7951  GBP
10p ordinary		SWAP		Decreasing Short		1,131	3.7840  GBP
10p ordinary		SWAP		Decreasing Short		1,157	3.7698  GBP
10p ordinary		SWAP		Decreasing Short		4,023	3.7756  GBP
10p ordinary		SWAP		Decreasing Short		4,254	3.7789  GBP
10p ordinary		SWAP		Decreasing Short		5,392	3.7736  GBP
10p ordinary		SWAP		Decreasing Short		25,220	3.7775  GBP
10p ordinary		SWAP		Decreasing Short		36,470	3.7800  GBP
10p ordinary		SWAP		Decreasing Short		37,292	3.7821  GBP
10p ordinary		CFD		Decreasing Short		37,662	3.8100  GBP
10p ordinary		SWAP		Decreasing Short		72,697	3.7833  GBP
10p ordinary		SWAP		Decreasing Short		225,759	3.7884  GBP
10p ordinary		SWAP		Decreasing Short		378,792	3.8099  GBP
10p ordinary		SWAP		Decreasing Short		733,872	3.8100  GBP
10p ordinary		SWAP		Increasing Long		18,550	3.7835  GBP
10p ordinary		SWAP		Increasing Short		1	3.7840  GBP
10p ordinary		CFD		Increasing Short		11	3.7500  GBP
10p ordinary		SWAP		Increasing Short		2,236	3.7573  GBP
10p ordinary		SWAP		Increasing Short		3,650	3.7638  GBP
10p ordinary		SWAP		Increasing Short		6,403	3.7995  GBP
10p ordinary		SWAP		Increasing Short		7,582	3.7696  GBP
10p ordinary		SWAP		Increasing Short		12,801	3.7984  GBP
10p ordinary		SWAP		Increasing Short		88,882	3.7856  GBP
10p ordinary		CFD		Increasing Short		293,290	3.8100  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:				03 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END