Form 8.3 -DS SMITH PLC

Barclays PLC

13 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:				12 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:			32,542,576	2.36%	28,062,204	2.03%
(2)	Cash-settled derivatives:
	and/or controlled:			7,852,968	0.57%	32,206,772	2.33%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			40,395,544	2.93%	60,268,976	4.37%
(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		350,807		3.5705  GBP
10p ordinary		Purchase		339,996		3.5675  GBP
10p ordinary		Purchase		287,236		3.5802  GBP
10p ordinary		Purchase		145,119		3.5684  GBP
10p ordinary		Purchase		129,938		3.5858  GBP
10p ordinary		Purchase		92,802		3.5662  GBP
10p ordinary		Purchase		58,040		3.5855  GBP
10p ordinary		Purchase		56,642		3.5630  GBP
10p ordinary		Purchase		54,495		3.5616  GBP
10p ordinary		Purchase		50,464		3.5860  GBP
10p ordinary		Purchase		28,000		3.5700  GBP
10p ordinary		Purchase		24,824		3.5607  GBP
10p ordinary		Purchase		21,900		3.5663  GBP
10p ordinary		Purchase		16,675		3.5784  GBP
10p ordinary		Purchase		15,873		3.5685  GBP
10p ordinary		Purchase		15,822		3.5820  GBP
10p ordinary		Purchase		7,022		3.5569  GBP
10p ordinary		Purchase		5,995		3.5588  GBP
10p ordinary		Purchase		4,124		3.5582  GBP
10p ordinary		Purchase		3,761		3.5632  GBP
10p ordinary		Purchase		3,307		3.5670  GBP
10p ordinary		Purchase		3,300		3.5721  GBP
10p ordinary		Purchase		1,357		3.5680  GBP
10p ordinary		Purchase		1,142		3.5665  GBP
10p ordinary		Purchase		1,138		3.5620  GBP
10p ordinary		Purchase		870		3.5560  GBP
10p ordinary		Purchase		858		3.5440  GBP
10p ordinary		Purchase		267		3.5800  GBP
10p ordinary		Purchase		71		3.5849  GBP
10p ordinary		Purchase		55		3.5640  GBP
10p ordinary		Sale		651,557		3.5791  GBP
10p ordinary		Sale		338,608		3.5700  GBP
10p ordinary		Sale		235,634		3.5860  GBP
10p ordinary		Sale		130,151		3.5803  GBP
10p ordinary		Sale		83,206		3.5677  GBP
10p ordinary		Sale		63,008		3.5659  GBP
10p ordinary		Sale		61,021		3.5658  GBP
10p ordinary		Sale		45,421		3.5746  GBP
10p ordinary		Sale		43,822		3.5743  GBP
10p ordinary		Sale		31,949		3.5686  GBP
10p ordinary		Sale		30,612		3.5663  GBP
10p ordinary		Sale		22,517		3.5759  GBP
10p ordinary		Sale		19,663		3.5644  GBP
10p ordinary		Sale		16,502		3.5603  GBP
10p ordinary		Sale		11,702		3.5695  GBP
10p ordinary		Sale		8,103		3.5760  GBP
10p ordinary		Sale		7,316		3.5742  GBP
10p ordinary		Sale		6,898		3.5756  GBP
10p ordinary		Sale		4,743		3.5591  GBP
10p ordinary		Sale		3,914		3.5734  GBP
10p ordinary		Sale		3,772		3.5740  GBP
10p ordinary		Sale		2,905		3.5694  GBP
10p ordinary		Sale		2,797		3.5680  GBP
10p ordinary		Sale		2,461		3.5761  GBP
10p ordinary		Sale		2,353		3.5619  GBP
10p ordinary		Sale		1,628		3.5576  GBP
10p ordinary		Sale		1,348		3.5839  GBP
10p ordinary		Sale		1,191		3.5621  GBP
10p ordinary		Sale		1,138		3.5620  GBP
10p ordinary		Sale		870		3.5560  GBP
10p ordinary		Sale		55		3.5640  GBP
10p ordinary		Sale		53		3.5849  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		762	3.5560  GBP
10p ordinary		SWAP		Decreasing Long		3,761	3.5632  GBP
10p ordinary		SWAP		Decreasing Long		5,233	3.5592  GBP
10p ordinary		SWAP		Decreasing Long		21,900	3.5663  GBP
10p ordinary		CFD		Decreasing Short		9	3.5855  GBP
10p ordinary		CFD		Decreasing Short		18	3.5861  GBP
10p ordinary		SWAP		Decreasing Short		74	3.5700  GBP
10p ordinary		SWAP		Decreasing Short		532	3.5560  GBP
10p ordinary		SWAP		Decreasing Short		1,348	3.5840  GBP
10p ordinary		SWAP		Decreasing Short		1,628	3.5576  GBP
10p ordinary		SWAP		Decreasing Short		1,750	3.5603  GBP
10p ordinary		SWAP		Decreasing Short		2,353	3.5619  GBP
10p ordinary		SWAP		Decreasing Short		2,797	3.5680  GBP
10p ordinary		CFD		Decreasing Short		2,983	3.5520  GBP
10p ordinary		SWAP		Decreasing Short		7,316	3.5742  GBP
10p ordinary		CFD		Decreasing Short		26,396	3.5860  GBP
10p ordinary		SWAP		Decreasing Short		40,279	3.5860  GBP
10p ordinary		CFD		Decreasing Short		50,439	3.5859  GBP
10p ordinary		CFD		Decreasing Short		54,573	3.5708  GBP
10p ordinary		SWAP		Decreasing Short		207,573	3.5737  GBP
10p ordinary		SWAP		Decreasing Short		488,250	3.5737  GBP
10p ordinary		SWAP		Increasing Long		14,752	3.5603  GBP
10p ordinary		SWAP		Increasing Short		2	3.5640  GBP
10p ordinary		SWAP		Increasing Short		5	3.5652  GBP
10p ordinary		CFD		Increasing Short		9	3.5855  GBP
10p ordinary		CFD		Increasing Short		18	3.5861  GBP
10p ordinary		CFD		Increasing Short		196	3.5860  GBP
10p ordinary		SWAP		Increasing Short		858	3.5440  GBP
10p ordinary		CFD		Increasing Short		870	3.5560  GBP
10p ordinary		SWAP		Increasing Short		1,142	3.5665  GBP
10p ordinary		CFD		Increasing Short		2,983	3.5520  GBP
10p ordinary		CFD		Increasing Short		4,256	3.5662  GBP
10p ordinary		CFD		Increasing Short		10,002	3.5859  GBP
10p ordinary		SWAP		Increasing Short		10,726	3.5860  GBP
10p ordinary		SWAP		Increasing Short		11,202	3.5860  GBP
10p ordinary		CFD		Increasing Short		21,838	3.5680  GBP
10p ordinary		SWAP		Increasing Short		51,611	3.5630  GBP
10p ordinary		SWAP		Increasing Short		54,495	3.5616  GBP
10p ordinary		SWAP		Increasing Short		56,699	3.5665  GBP
10p ordinary		SWAP		Increasing Short		72,846	3.5646  GBP
10p ordinary		SWAP		Increasing Short		95,759	3.5829  GBP
10p ordinary		SWAP		Increasing Short		339,996	3.5675  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:				13 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END