Form 8.3 - DS SMITH PLC

Barclays PLC

11 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:				10 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:			33,744,239	2.45%	28,298,364	2.05%
(2)	Cash-settled derivatives:
	and/or controlled:			7,973,546	0.58%	32,686,665	2.37%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			41,717,785	3.02%	60,985,029	4.42%
(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		516,981		3.6109  GBP
10p ordinary		Purchase		433,175		3.6320  GBP
10p ordinary		Purchase		375,000		3.6350  GBP
10p ordinary		Purchase		324,799		3.6100  GBP
10p ordinary		Purchase		233,314		3.6244  GBP
10p ordinary		Purchase		132,251		3.6098  GBP
10p ordinary		Purchase		126,865		3.6240  GBP
10p ordinary		Purchase		103,868		3.6159  GBP
10p ordinary		Purchase		82,149		3.6125  GBP
10p ordinary		Purchase		71,577		3.6104  GBP
10p ordinary		Purchase		65,013		3.6224  GBP
10p ordinary		Purchase		49,765		3.6263  GBP
10p ordinary		Purchase		34,884		3.6253  GBP
10p ordinary		Purchase		21,520		3.6290  GBP
10p ordinary		Purchase		20,253		3.6245  GBP
10p ordinary		Purchase		16,713		3.6216  GBP
10p ordinary		Purchase		13,491		3.6306  GBP
10p ordinary		Purchase		11,790		3.6437  GBP
10p ordinary		Purchase		11,577		3.6271  GBP
10p ordinary		Purchase		11,541		3.6248  GBP
10p ordinary		Purchase		10,515		3.6317  GBP
10p ordinary		Purchase		8,717		3.6402  GBP
10p ordinary		Purchase		8,158		3.6227  GBP
10p ordinary		Purchase		8,125		3.6335  GBP
10p ordinary		Purchase		8,059		3.6269  GBP
10p ordinary		Purchase		6,292		3.6173  GBP
10p ordinary		Purchase		6,253		3.6318  GBP
10p ordinary		Purchase		5,862		3.6364  GBP
10p ordinary		Purchase		5,496		3.6234  GBP
10p ordinary		Purchase		4,572		3.6403  GBP
10p ordinary		Purchase		4,242		3.6655  GBP
10p ordinary		Purchase		3,941		3.6140  GBP
10p ordinary		Purchase		3,870		3.6351  GBP
10p ordinary		Purchase		3,269		3.6375  GBP
10p ordinary		Purchase		2,955		3.6105  GBP
10p ordinary		Purchase		2,794		3.6291  GBP
10p ordinary		Purchase		2,675		3.6324  GBP
10p ordinary		Purchase		2,446		3.6257  GBP
10p ordinary		Purchase		1,913		3.6326  GBP
10p ordinary		Purchase		1,732		3.6379  GBP
10p ordinary		Purchase		1,690		3.6160  GBP
10p ordinary		Purchase		1,545		3.6380  GBP
10p ordinary		Purchase		1,440		3.6328  GBP
10p ordinary		Purchase		1,162		3.6312  GBP
10p ordinary		Purchase		880		3.6180  GBP
10p ordinary		Purchase		739		3.6280  GBP
10p ordinary		Purchase		641		3.6120  GBP
10p ordinary		Purchase		573		3.6340  GBP
10p ordinary		Purchase		552		3.6249  GBP
10p ordinary		Purchase		95		3.6310  GBP
10p ordinary		Sale		848,356		3.6100  GBP
10p ordinary		Sale		378,280		3.6350  GBP
10p ordinary		Sale		196,607		3.6102  GBP
10p ordinary		Sale		150,000		3.6108  GBP
10p ordinary		Sale		119,816		3.6206  GBP
10p ordinary		Sale		115,089		3.6187  GBP
10p ordinary		Sale		97,732		3.6269  GBP
10p ordinary		Sale		90,000		3.6298  GBP
10p ordinary		Sale		82,149		3.6125  GBP
10p ordinary		Sale		42,351		3.6146  GBP
10p ordinary		Sale		27,378		3.6119  GBP
10p ordinary		Sale		23,211		3.6300  GBP
10p ordinary		Sale		22,993		3.6348  GBP
10p ordinary		Sale		13,491		3.6310  GBP
10p ordinary		Sale		10,515		3.6317  GBP
10p ordinary		Sale		8,825		3.6094  GBP
10p ordinary		Sale		8,059		3.6272  GBP
10p ordinary		Sale		7,232		3.6299  GBP
10p ordinary		Sale		5,696		3.6355  GBP
10p ordinary		Sale		4,594		3.6304  GBP
10p ordinary		Sale		4,242		3.6660  GBP
10p ordinary		Sale		4,024		3.6307  GBP
10p ordinary		Sale		3,941		3.6140  GBP
10p ordinary		Sale		3,347		3.6404  GBP
10p ordinary		Sale		2,985		3.6291  GBP
10p ordinary		Sale		2,888		3.6292  GBP
10p ordinary		Sale		2,847		3.6116  GBP
10p ordinary		Sale		2,818		3.6306  GBP
10p ordinary		Sale		2,797		3.6347  GBP
10p ordinary		Sale		2,675		3.6324  GBP
10p ordinary		Sale		2,656		3.6400  GBP
10p ordinary		Sale		2,538		3.6383  GBP
10p ordinary		Sale		2,527		3.6385  GBP
10p ordinary		Sale		2,289		3.6320  GBP
10p ordinary		Sale		2,149		3.6240  GBP
10p ordinary		Sale		1,913		3.6326  GBP
10p ordinary		Sale		1,801		3.6283  GBP
10p ordinary		Sale		1,706		3.6340  GBP
10p ordinary		Sale		1,690		3.6160  GBP
10p ordinary		Sale		1,663		3.6198  GBP
10p ordinary		Sale		1,250		3.6120  GBP
10p ordinary		Sale		880		3.6180  GBP
10p ordinary		Sale		739		3.6380  GBP
10p ordinary		Sale		590		3.6360  GBP
10p ordinary		Sale		538		3.6356  GBP
10p ordinary		Sale		443		3.6330  GBP
10p ordinary		Sale		341		3.6314  GBP
10p ordinary		Sale		289		3.6354  GBP
10p ordinary		Sale		95		3.6313  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 Short		12,479	3.6300  GBP
10p ordinary		SWAP		Closing Short		56,330	3.6185  GBP
10p ordinary		SWAP		Closing Short		431,924	3.6320  GBP
10p ordinary		SWAP		Closing Short		477,044	3.6100  GBP
10p ordinary		SWAP		Decreasing Long		761	3.6206  GBP
10p ordinary		SWAP		Decreasing Long		2,955	3.6105  GBP
10p ordinary		SWAP		Decreasing Long		7,397	3.6230  GBP
10p ordinary		SWAP		Decreasing Long		49,765	3.6263  GBP
10p ordinary		SWAP		Decreasing Short		1,801	3.6283  GBP
10p ordinary		SWAP		Decreasing Short		2,847	3.6116  GBP
10p ordinary		SWAP		Decreasing Short		6,451	3.6308  GBP
10p ordinary		SWAP		Decreasing Short		7,232	3.6299  GBP
10p ordinary		CFD		Decreasing Short		8,942	3.6419  GBP
10p ordinary		SWAP		Decreasing Short		27,378	3.6119  GBP
10p ordinary		CFD		Decreasing Short		27,876	3.6300  GBP
10p ordinary		CFD		Decreasing Short		47,202	3.6100  GBP
10p ordinary		SWAP		Decreasing Short		54,371	3.6109  GBP
10p ordinary		CFD		Decreasing Short		55,360	3.6282  GBP
10p ordinary		SWAP		Increasing Long		1,663	3.6198  GBP
10p ordinary		SWAP		Increasing Long		8,825	3.6094  GBP
10p ordinary		SWAP		Increasing Short		6	3.6280  GBP
10p ordinary		SWAP		Increasing Short		552	3.6249  GBP
10p ordinary		SWAP		Increasing Short		641	3.6120  GBP
10p ordinary		SWAP		Increasing Short		1,162	3.6312  GBP
10p ordinary		CFD		Increasing Short		8,942	3.6419  GBP
10p ordinary		SWAP		Increasing Short		10,827	3.6323  GBP
10p ordinary		SWAP		Increasing Short		16,713	3.6216  GBP
10p ordinary		SWAP		Increasing Short		41,281	3.6122  GBP
10p ordinary		SWAP		Increasing Short		58,704	3.6228  GBP
10p ordinary		SWAP		Increasing Short		71,577	3.6104  GBP
10p ordinary		CFD		Increasing Short		97,760	3.6100  GBP
10p ordinary		SWAP		Increasing Short		233,314	3.6244  GBP
10p ordinary		SWAP		Increasing Short		333,829	3.6100  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:				11 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END