Form 8.3 - DS SMITH PLC

Barclays PLC

06 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:				05 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:			31,972,314	2.32%	24,883,332	1.80%
(2)	Cash-settled derivatives:
	and/or controlled:			7,979,453	0.58%	30,737,048	2.23%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			39,951,767	2.90%	55,620,380	4.03%
(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		417,177		3.7657  GBP
10p ordinary		Purchase		398,391		3.7720  GBP
10p ordinary		Purchase		243,454		3.7302  GBP
10p ordinary		Purchase		226,286		3.7693  GBP
10p ordinary		Purchase		192,892		3.7663  GBP
10p ordinary		Purchase		162,852		3.7469  GBP
10p ordinary		Purchase		92,408		3.7357  GBP
10p ordinary		Purchase		85,308		3.7695  GBP
10p ordinary		Purchase		59,714		3.7486  GBP
10p ordinary		Purchase		57,698		3.7440  GBP
10p ordinary		Purchase		44,487		3.7457  GBP
10p ordinary		Purchase		26,545		3.7401  GBP
10p ordinary		Purchase		23,220		3.7483  GBP
10p ordinary		Purchase		21,290		3.7619  GBP
10p ordinary		Purchase		16,889		3.7297  GBP
10p ordinary		Purchase		16,059		3.7475  GBP
10p ordinary		Purchase		13,688		3.7514  GBP
10p ordinary		Purchase		12,819		3.7519  GBP
10p ordinary		Purchase		12,644		3.7535  GBP
10p ordinary		Purchase		11,944		3.7323  GBP
10p ordinary		Purchase		6,928		3.7500  GBP
10p ordinary		Purchase		6,123		3.7390  GBP
10p ordinary		Purchase		5,565		3.7278  GBP
10p ordinary		Purchase		5,527		3.7458  GBP
10p ordinary		Purchase		5,388		3.7491  GBP
10p ordinary		Purchase		4,768		3.7513  GBP
10p ordinary		Purchase		4,759		3.7305  GBP
10p ordinary		Purchase		4,454		3.7332  GBP
10p ordinary		Purchase		4,282		3.7471  GBP
10p ordinary		Purchase		4,245		3.7446  GBP
10p ordinary		Purchase		3,664		3.7160  GBP
10p ordinary		Purchase		2,820		3.7490  GBP
10p ordinary		Purchase		2,618		3.7540  GBP
10p ordinary		Purchase		2,593		3.7260  GBP
10p ordinary		Purchase		2,388		3.7360  GBP
10p ordinary		Purchase		1,935		3.7420  GBP
10p ordinary		Purchase		1,760		3.7436  GBP
10p ordinary		Purchase		1,608		3.7476  GBP
10p ordinary		Purchase		1,513		3.7344  GBP
10p ordinary		Purchase		1,413		3.7435  GBP
10p ordinary		Purchase		1,092		3.7620  GBP
10p ordinary		Purchase		902		3.7480  GBP
10p ordinary		Purchase		540		3.7700  GBP
10p ordinary		Purchase		473		3.7320  GBP
10p ordinary		Purchase		40		3.7400  GBP
10p ordinary		Purchase		9		3.7709  GBP
10p ordinary		Sale		1,041,600		3.7707  GBP
10p ordinary		Sale		132,926		3.7656  GBP
10p ordinary		Sale		111,108		3.7720  GBP
10p ordinary		Sale		78,050		3.7721  GBP
10p ordinary		Sale		69,773		3.7492  GBP
10p ordinary		Sale		49,225		3.7408  GBP
10p ordinary		Sale		17,080		3.7484  GBP
10p ordinary		Sale		14,000		3.7306  GBP
10p ordinary		Sale		5,479		3.7500  GBP
10p ordinary		Sale		4,610		3.7301  GBP
10p ordinary		Sale		4,474		3.7300  GBP
10p ordinary		Sale		3,483		3.7263  GBP
10p ordinary		Sale		3,406		3.7320  GBP
10p ordinary		Sale		3,371		3.7423  GBP
10p ordinary		Sale		3,116		3.7660  GBP
10p ordinary		Sale		2,502		3.7268  GBP
10p ordinary		Sale		1,092		3.7620  GBP
10p ordinary		Sale		999		3.7360  GBP
10p ordinary		Sale		824		3.7280  GBP
10p ordinary		Sale		729		3.7480  GBP
10p ordinary		Sale		540		3.7700  GBP
10p ordinary		Sale		34		3.7709  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		40	3.7400  GBP
10p ordinary		SWAP		Decreasing Long		600	3.7505  GBP
10p ordinary		SWAP		Decreasing Long		16,889	3.7297  GBP
10p ordinary		CFD		Decreasing Short		1,365	3.7340  GBP
10p ordinary		SWAP		Decreasing Short		3,116	3.7660  GBP
10p ordinary		SWAP		Decreasing Short		4,437	3.7240  GBP
10p ordinary		SWAP		Decreasing Short		4,474	3.7300  GBP
10p ordinary		SWAP		Decreasing Short		4,610	3.7301  GBP
10p ordinary		CFD		Decreasing Short		34,267	3.7716  GBP
10p ordinary		SWAP		Decreasing Short		69,773	3.7492  GBP
10p ordinary		CFD		Decreasing Short		110,700	3.7720  GBP
10p ordinary		SWAP		Decreasing Short		200,693	3.7715  GBP
10p ordinary		SWAP		Decreasing Short		374,778	3.7720  GBP
10p ordinary		SWAP		Increasing Long		49,225	3.7408  GBP
10p ordinary		SWAP		Increasing Long		132,926	3.7656  GBP
10p ordinary		SWAP		Increasing Short		9	3.7260  GBP
10p ordinary		CFD		Increasing Short		540	3.7700  GBP
10p ordinary		SWAP		Increasing Short		592	3.7500  GBP
10p ordinary		CFD		Increasing Short		1,365	3.7340  GBP
10p ordinary		SWAP		Increasing Short		1,698	3.7160  GBP
10p ordinary		CFD		Increasing Short		2,947	3.7527  GBP
10p ordinary		SWAP		Increasing Short		4,454	3.7332  GBP
10p ordinary		SWAP		Increasing Short		6,123	3.7391  GBP
10p ordinary		SWAP		Increasing Short		13,160	3.7285  GBP
10p ordinary		SWAP		Increasing Short		30,698	3.7394  GBP
10p ordinary		SWAP		Increasing Short		59,714	3.7486  GBP
10p ordinary		SWAP		Increasing Short		156,175	3.7716  GBP
10p ordinary		SWAP		Increasing Short		161,293	3.7470  GBP
10p ordinary		SWAP		Opening Short		425	3.7480  GBP
10p ordinary		SWAP		Opening Short		750,000	6.1544  USD
(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:				06 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END