Form 8.3 - DS SMITH PLC

Barclays PLC

19 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:				18 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:			31,310,753	2.27%	30,566,227	2.22%
(2)	Cash-settled derivatives:
	and/or controlled:			7,393,127	0.54%	30,371,373	2.20%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			38,703,880	2.81%	60,937,600	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		858,740		3.5040  GBP
10p ordinary		Purchase		430,985		3.4837  GBP
10p ordinary		Purchase		317,179		3.4832  GBP
10p ordinary		Purchase		229,942		3.4968  GBP
10p ordinary		Purchase		207,950		3.4970  GBP
10p ordinary		Purchase		110,000		3.4692  GBP
10p ordinary		Purchase		106,253		3.4823  GBP
10p ordinary		Purchase		102,458		3.4848  GBP
10p ordinary		Purchase		90,545		3.4909  GBP
10p ordinary		Purchase		81,416		3.4815  GBP
10p ordinary		Purchase		58,413		3.4798  GBP
10p ordinary		Purchase		50,109		3.4947  GBP
10p ordinary		Purchase		47,709		3.4824  GBP
10p ordinary		Purchase		36,867		3.4842  GBP
10p ordinary		Purchase		33,341		3.5036  GBP
10p ordinary		Purchase		24,991		3.4858  GBP
10p ordinary		Purchase		24,083		3.4854  GBP
10p ordinary		Purchase		23,210		3.5030  GBP
10p ordinary		Purchase		22,818		3.4681  GBP
10p ordinary		Purchase		20,776		3.4964  GBP
10p ordinary		Purchase		20,010		3.5042  GBP
10p ordinary		Purchase		18,853		3.5022  GBP
10p ordinary		Purchase		15,713		3.4818  GBP
10p ordinary		Purchase		10,543		3.4844  GBP
10p ordinary		Purchase		10,428		3.4887  GBP
10p ordinary		Purchase		10,000		3.4924  GBP
10p ordinary		Purchase		7,800		3.4918  GBP
10p ordinary		Purchase		6,918		3.4620  GBP
10p ordinary		Purchase		6,542		3.5010  GBP
10p ordinary		Purchase		5,836		3.4870  GBP
10p ordinary		Purchase		5,330		3.4849  GBP
10p ordinary		Purchase		5,139		3.4939  GBP
10p ordinary		Purchase		4,883		3.4895  GBP
10p ordinary		Purchase		4,261		3.4723  GBP
10p ordinary		Purchase		3,267		3.4863  GBP
10p ordinary		Purchase		3,235		3.5000  GBP
10p ordinary		Purchase		3,005		3.4695  GBP
10p ordinary		Purchase		2,947		3.5070  GBP
10p ordinary		Purchase		2,730		3.4780  GBP
10p ordinary		Purchase		2,454		3.4900  GBP
10p ordinary		Purchase		2,261		3.4907  GBP
10p ordinary		Purchase		1,606		3.4980  GBP
10p ordinary		Purchase		1,436		3.4830  GBP
10p ordinary		Purchase		975		3.4920  GBP
10p ordinary		Purchase		908		3.4800  GBP
10p ordinary		Purchase		900		3.4710  GBP
10p ordinary		Purchase		885		3.4840  GBP
10p ordinary		Purchase		776		3.5120  GBP
10p ordinary		Sale		3,130,873		3.4800  GBP
10p ordinary		Sale		970,691		3.5032  GBP
10p ordinary		Sale		647,337		3.5040  GBP
10p ordinary		Sale		370,386		3.4862  GBP
10p ordinary		Sale		123,678		3.4894  GBP
10p ordinary		Sale		122,989		3.4918  GBP
10p ordinary		Sale		105,367		3.4888  GBP
10p ordinary		Sale		103,221		3.4957  GBP
10p ordinary		Sale		90,838		3.4874  GBP
10p ordinary		Sale		90,545		3.4909  GBP
10p ordinary		Sale		69,244		3.4823  GBP
10p ordinary		Sale		62,852		3.4829  GBP
10p ordinary		Sale		47,754		3.4985  GBP
10p ordinary		Sale		42,812		3.4804  GBP
10p ordinary		Sale		34,868		3.4781  GBP
10p ordinary		Sale		23,354		3.4831  GBP
10p ordinary		Sale		22,818		3.4681  GBP
10p ordinary		Sale		22,693		3.4803  GBP
10p ordinary		Sale		20,869		3.4821  GBP
10p ordinary		Sale		18,853		3.5022  GBP
10p ordinary		Sale		15,713		3.4818  GBP
10p ordinary		Sale		15,601		3.4782  GBP
10p ordinary		Sale		14,150		3.4840  GBP
10p ordinary		Sale		13,420		3.4816  GBP
10p ordinary		Sale		11,141		3.5034  GBP
10p ordinary		Sale		9,697		3.4787  GBP
10p ordinary		Sale		8,948		3.4875  GBP
10p ordinary		Sale		8,439		3.4924  GBP
10p ordinary		Sale		7,505		3.4794  GBP
10p ordinary		Sale		6,635		3.4842  GBP
10p ordinary		Sale		5,959		3.4798  GBP
10p ordinary		Sale		5,177		3.5004  GBP
10p ordinary		Sale		4,775		3.4948  GBP
10p ordinary		Sale		4,658		3.4902  GBP
10p ordinary		Sale		4,261		3.4723  GBP
10p ordinary		Sale		4,147		3.4956  GBP
10p ordinary		Sale		3,557		3.4768  GBP
10p ordinary		Sale		3,235		3.5000  GBP
10p ordinary		Sale		2,947		3.5070  GBP
10p ordinary		Sale		2,664		3.4746  GBP
10p ordinary		Sale		2,454		3.4904  GBP
10p ordinary		Sale		2,156		3.4820  GBP
10p ordinary		Sale		1,752		3.4950  GBP
10p ordinary		Sale		1,718		3.4869  GBP
10p ordinary		Sale		1,708		3.4711  GBP
10p ordinary		Sale		1,520		3.4640  GBP
10p ordinary		Sale		954		3.4920  GBP
10p ordinary		Sale		926		3.4923  GBP
10p ordinary		Sale		230		3.4900  GBP
10p ordinary		Sale		120		3.4830  GBP
10p ordinary		Sale		81		3.5035  GBP
10p ordinary		Sale		31,624		3.5030  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		786	3.5100  GBP
10p ordinary		SWAP		Decreasing Long		5,756	3.4998  GBP
10p ordinary		SWAP		Decreasing Long		20,010	3.5042  GBP
10p ordinary		SWAP		Decreasing Long		35,090	3.4754  GBP
10p ordinary		SWAP		Decreasing Long		50,109	3.4947  GBP
10p ordinary		SWAP		Decreasing Short		1,520	3.4640  GBP
10p ordinary		SWAP		Decreasing Short		4,658	3.4902  GBP
10p ordinary		CFD		Decreasing Short		29,599	3.5039  GBP
10p ordinary		CFD		Decreasing Short		32,012	3.5036  GBP
10p ordinary		SWAP		Decreasing Short		47,754	3.4985  GBP
10p ordinary		SWAP		Decreasing Short		103,221	3.4957  GBP
10p ordinary		SWAP		Decreasing Short		106,418	3.5033  GBP
10p ordinary		SWAP		Decreasing Short		151,267	3.4783  GBP
10p ordinary		CFD		Decreasing Short		451,209	3.5040  GBP
10p ordinary		SWAP		Increasing Long		8,948	3.4875  GBP
10p ordinary		SWAP		Increasing Long		11,222	3.5034  GBP
10p ordinary		SWAP		Increasing Short		2	3.4900  GBP
10p ordinary		SWAP		Increasing Short		776	3.5120  GBP
10p ordinary		SWAP		Increasing Short		789	3.4980  GBP
10p ordinary		CFD		Increasing Short		908	3.4800  GBP
10p ordinary		CFD		Increasing Short		1,756	3.5039  GBP
10p ordinary		SWAP		Increasing Short		4,883	3.4895  GBP
10p ordinary		SWAP		Increasing Short		6,928	3.5022  GBP
10p ordinary		CFD		Increasing Short		17,124	3.4842  GBP
10p ordinary		SWAP		Increasing Short		61,965	3.5039  GBP
10p ordinary		SWAP		Increasing Short		98,895	3.5040  GBP
10p ordinary		SWAP		Increasing Short		102,458	3.4848  GBP
10p ordinary		SWAP		Increasing Short		236,554	3.4832  GBP
10p ordinary		SWAP		Opening Short		22,644	3.4917  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:				19 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END