Form 8.3 - DS SMITH PLC

Barclays PLC

05 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:				04 Jun 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:			31,260,735	2.27%	24,763,033	1.80%
(2)	Cash-settled derivatives:
	and/or controlled:			7,857,429	0.57%	28,925,391	2.10%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			39,118,164	2.84%	53,688,424	3.89%
(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		517,385		3.7621  GBP
10p ordinary		Purchase		305,292		3.7629  GBP
10p ordinary		Purchase		200,000		3.7612  GBP
10p ordinary		Purchase		172,597		3.7623  GBP
10p ordinary		Purchase		165,937		3.7595  GBP
10p ordinary		Purchase		143,814		3.7662  GBP
10p ordinary		Purchase		137,276		3.7584  GBP
10p ordinary		Purchase		92,973		3.7615  GBP
10p ordinary		Purchase		85,101		3.7616  GBP
10p ordinary		Purchase		73,429		3.7685  GBP
10p ordinary		Purchase		68,595		3.7605  GBP
10p ordinary		Purchase		61,458		3.7631  GBP
10p ordinary		Purchase		55,078		3.7609  GBP
10p ordinary		Purchase		53,585		3.7630  GBP
10p ordinary		Purchase		45,118		3.7647  GBP
10p ordinary		Purchase		41,478		3.7687  GBP
10p ordinary		Purchase		27,407		3.7620  GBP
10p ordinary		Purchase		23,016		3.7626  GBP
10p ordinary		Purchase		19,298		3.7600  GBP
10p ordinary		Purchase		14,520		3.7639  GBP
10p ordinary		Purchase		13,952		3.7607  GBP
10p ordinary		Purchase		13,802		3.7583  GBP
10p ordinary		Purchase		13,696		3.7538  GBP
10p ordinary		Purchase		12,615		3.7614  GBP
10p ordinary		Purchase		8,106		3.7622  GBP
10p ordinary		Purchase		5,680		3.7596  GBP
10p ordinary		Purchase		5,623		3.7555  GBP
10p ordinary		Purchase		5,428		3.7674  GBP
10p ordinary		Purchase		4,094		3.7627  GBP
10p ordinary		Purchase		4,030		3.7550  GBP
10p ordinary		Purchase		3,240		3.7640  GBP
10p ordinary		Purchase		2,739		3.7660  GBP
10p ordinary		Purchase		2,615		3.7700  GBP
10p ordinary		Purchase		2,348		3.7606  GBP
10p ordinary		Purchase		1,687		3.7465  GBP
10p ordinary		Purchase		1,250		3.7490  GBP
10p ordinary		Purchase		743		3.7740  GBP
10p ordinary		Purchase		656		3.7475  GBP
10p ordinary		Purchase		627		3.7678  GBP
10p ordinary		Purchase		627		3.7680  GBP
10p ordinary		Purchase		594		3.7566  GBP
10p ordinary		Purchase		534		3.7720  GBP
10p ordinary		Purchase		352		3.7400  GBP
10p ordinary		Purchase		351		3.7590  GBP
10p ordinary		Purchase		253		3.7654  GBP
10p ordinary		Purchase		205		3.7509  GBP
10p ordinary		Purchase		189		3.7580  GBP
10p ordinary		Purchase		135		3.7360  GBP
10p ordinary		Purchase		36		3.7675  GBP
10p ordinary		Sale		341,036		3.7620  GBP
10p ordinary		Sale		250,436		3.7614  GBP
10p ordinary		Sale		158,626		3.7623  GBP
10p ordinary		Sale		93,739		3.7553  GBP
10p ordinary		Sale		76,418		3.7659  GBP
10p ordinary		Sale		64,352		3.7621  GBP
10p ordinary		Sale		52,871		3.7569  GBP
10p ordinary		Sale		51,207		3.7618  GBP
10p ordinary		Sale		26,468		3.7599  GBP
10p ordinary		Sale		23,376		3.7633  GBP
10p ordinary		Sale		21,052		3.7637  GBP
10p ordinary		Sale		21,031		3.7656  GBP
10p ordinary		Sale		20,443		3.7604  GBP
10p ordinary		Sale		19,104		3.7560  GBP
10p ordinary		Sale		13,673		3.7612  GBP
10p ordinary		Sale		10,231		3.7574  GBP
10p ordinary		Sale		8,969		3.7617  GBP
10p ordinary		Sale		8,206		3.7684  GBP
10p ordinary		Sale		8,021		3.7645  GBP
10p ordinary		Sale		7,967		3.7603  GBP
10p ordinary		Sale		7,824		3.7610  GBP
10p ordinary		Sale		7,676		3.7625  GBP
10p ordinary		Sale		6,510		3.7658  GBP
10p ordinary		Sale		6,449		3.7430  GBP
10p ordinary		Sale		6,077		3.7600  GBP
10p ordinary		Sale		3,240		3.7640  GBP
10p ordinary		Sale		2,739		3.7660  GBP
10p ordinary		Sale		2,615		3.7700  GBP
10p ordinary		Sale		1,910		3.7680  GBP
10p ordinary		Sale		1,480		3.7529  GBP
10p ordinary		Sale		743		3.7740  GBP
10p ordinary		Sale		656		3.7478  GBP
10p ordinary		Sale		594		3.7570  GBP
10p ordinary		Sale		534		3.7720  GBP
10p ordinary		Sale		151		3.7583  GBP
10p ordinary		Sale		38		3.7580  GBP
10p ordinary		Sale		265		3.7609  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		400	3.7482  GBP
10p ordinary		SWAP		Decreasing Long		13,696	3.7538  GBP
10p ordinary		SWAP		Decreasing Short		1,480	3.7529  GBP
10p ordinary		CFD		Decreasing Short		1,747	3.7619  GBP
10p ordinary		SWAP		Decreasing Short		2,782	3.7610  GBP
10p ordinary		SWAP		Decreasing Short		36,795	3.7572  GBP
10p ordinary		SWAP		Decreasing Short		52,871	3.7569  GBP
10p ordinary		SWAP		Decreasing Short		93,739	3.7553  GBP
10p ordinary		SWAP		Decreasing Short		103,107	3.7620  GBP
10p ordinary		SWAP		Decreasing Short		103,822	3.7620  GBP
10p ordinary		SWAP		Increasing Long		173	3.7630  GBP
10p ordinary		SWAP		Increasing Long		1,145	3.7604  GBP
10p ordinary		SWAP		Increasing Long		6,510	3.7658  GBP
10p ordinary		SWAP		Increasing Long		8,969	3.7617  GBP
10p ordinary		SWAP		Increasing Short		352	3.7400  GBP
10p ordinary		SWAP		Increasing Short		1,747	3.7840  GBP
10p ordinary		CFD		Increasing Short		1,747	3.7619  GBP
10p ordinary		SWAP		Increasing Short		5,211	3.7592  GBP
10p ordinary		SWAP		Increasing Short		5,623	3.7555  GBP
10p ordinary		SWAP		Increasing Short		8,106	3.7622  GBP
10p ordinary		SWAP		Increasing Short		11,309	3.7692  GBP
10p ordinary		SWAP		Increasing Short		18,303	3.7570  GBP
10p ordinary		SWAP		Increasing Short		60,000	3.7612  GBP
10p ordinary		SWAP		Increasing Short		73,429	3.7685  GBP
10p ordinary		SWAP		Increasing Short		137,276	3.7584  GBP
10p ordinary		SWAP		Increasing Short		140,000	3.7612  GBP
10p ordinary		CFD		Increasing Short		158,626	3.7623  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:				05 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END