Form 8.3 - DS SMITH PLC

Barclays PLC

21 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:				20 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:			30,108,052	2.18%	30,603,580	2.22%
(2)	Cash-settled derivatives:
	and/or controlled:			7,417,810	0.54%	29,288,200	2.12%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			37,525,862	2.72%	59,891,780	4.34%
(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		416,637		3.6200  GBP
10p ordinary		Purchase		409,980		3.6165  GBP
10p ordinary		Purchase		230,065		3.5719  GBP
10p ordinary		Purchase		134,489		3.6131  GBP
10p ordinary		Purchase		110,249		3.5604  GBP
10p ordinary		Purchase		77,000		3.6063  GBP
10p ordinary		Purchase		61,296		3.5549  GBP
10p ordinary		Purchase		44,158		3.5628  GBP
10p ordinary		Purchase		14,678		3.5984  GBP
10p ordinary		Purchase		6,934		3.5380  GBP
10p ordinary		Purchase		5,318		3.5826  GBP
10p ordinary		Purchase		5,178		3.5780  GBP
10p ordinary		Purchase		3,563		3.5560  GBP
10p ordinary		Purchase		3,442		3.6198  GBP
10p ordinary		Purchase		2,835		3.5839  GBP
10p ordinary		Purchase		2,779		3.5860  GBP
10p ordinary		Purchase		2,774		3.5702  GBP
10p ordinary		Purchase		2,688		3.5640  GBP
10p ordinary		Purchase		2,530		3.5620  GBP
10p ordinary		Purchase		2,479		3.6180  GBP
10p ordinary		Purchase		2,317		3.5920  GBP
10p ordinary		Purchase		2,099		3.6013  GBP
10p ordinary		Purchase		2,063		3.5550  GBP
10p ordinary		Purchase		1,976		3.5740  GBP
10p ordinary		Purchase		1,811		3.5180  GBP
10p ordinary		Purchase		1,516		3.5840  GBP
10p ordinary		Purchase		1,441		3.5760  GBP
10p ordinary		Purchase		1,384		3.5520  GBP
10p ordinary		Purchase		1,241		3.5858  GBP
10p ordinary		Purchase		1,196		3.5460  GBP
10p ordinary		Purchase		1,184		3.5680  GBP
10p ordinary		Purchase		1,087		3.5779  GBP
10p ordinary		Purchase		624		3.5200  GBP
10p ordinary		Purchase		581		3.5000  GBP
10p ordinary		Purchase		63		3.5928  GBP
10p ordinary		Purchase		39		3.5973  GBP
10p ordinary		Purchase		6		3.5893  GBP
10p ordinary		Purchase		5		3.6280  GBP
10p ordinary		Purchase		3		3.6060  GBP
10p ordinary		Purchase		3		3.5886  GBP
10p ordinary		Purchase		1		3.5730  GBP
10p ordinary		Sale		537,701		3.6148  GBP
10p ordinary		Sale		396,578		3.6200  GBP
10p ordinary		Sale		202,436		3.5900  GBP
10p ordinary		Sale		138,183		3.5881  GBP
10p ordinary		Sale		116,482		3.5939  GBP
10p ordinary		Sale		107,506		3.6201  GBP
10p ordinary		Sale		105,207		3.6007  GBP
10p ordinary		Sale		59,076		3.5721  GBP
10p ordinary		Sale		40,325		3.5950  GBP
10p ordinary		Sale		36,733		3.5708  GBP
10p ordinary		Sale		27,113		3.5852  GBP
10p ordinary		Sale		22,877		3.5742  GBP
10p ordinary		Sale		20,089		3.5804  GBP
10p ordinary		Sale		18,704		3.5808  GBP
10p ordinary		Sale		15,777		3.5806  GBP
10p ordinary		Sale		13,906		3.5728  GBP
10p ordinary		Sale		10,369		3.5635  GBP
10p ordinary		Sale		9,661		3.5697  GBP
10p ordinary		Sale		9,256		3.5760  GBP
10p ordinary		Sale		7,841		3.5726  GBP
10p ordinary		Sale		6,674		3.5759  GBP
10p ordinary		Sale		5,664		3.5720  GBP
10p ordinary		Sale		5,535		3.5775  GBP
10p ordinary		Sale		5,178		3.5780  GBP
10p ordinary		Sale		4,615		3.5798  GBP
10p ordinary		Sale		3,755		3.6118  GBP
10p ordinary		Sale		3,598		3.5987  GBP
10p ordinary		Sale		3,563		3.5560  GBP
10p ordinary		Sale		3,538		3.5812  GBP
10p ordinary		Sale		2,779		3.5860  GBP
10p ordinary		Sale		2,688		3.5640  GBP
10p ordinary		Sale		1,946		3.5740  GBP
10p ordinary		Sale		1,822		3.5836  GBP
10p ordinary		Sale		1,750		3.5750  GBP
10p ordinary		Sale		1,516		3.5840  GBP
10p ordinary		Sale		1,477		3.5925  GBP
10p ordinary		Sale		1,470		3.5952  GBP
10p ordinary		Sale		1,384		3.5520  GBP
10p ordinary		Sale		1,264		3.6180  GBP
10p ordinary		Sale		1,184		3.5680  GBP
10p ordinary		Sale		1,146		3.5794  GBP
10p ordinary		Sale		1,036		3.5820  GBP
10p ordinary		Sale		581		3.5000  GBP
10p ordinary		Sale		569		3.5789  GBP
10p ordinary		Sale		497		3.5800  GBP
10p ordinary		Sale		427		3.5953  GBP
10p ordinary		Sale		361		3.6026  GBP
10p ordinary		Sale		190		3.5770  GBP
10p ordinary		Sale		63		3.5932  GBP
10p ordinary		Sale		39		3.5976  GBP
10p ordinary		Sale		5		3.6280  GBP
10p ordinary		Sale		2		3.6060  GBP
10p ordinary		Sale		1		3.5733  GBP
10p ordinary		Sale		34		3.6179  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		44,158	3.5628  GBP
10p ordinary		CFD		Decreasing Short		581	3.5000  GBP
10p ordinary		SWAP		Decreasing Short		1,146	3.5794  GBP
10p ordinary		CFD		Decreasing Short		1,246	3.5460  GBP
10p ordinary		SWAP		Decreasing Short		1,822	3.5836  GBP
10p ordinary		CFD		Decreasing Short		9,087	3.5837  GBP
10p ordinary		CFD		Decreasing Short		31,424	3.6200  GBP
10p ordinary		SWAP		Decreasing Short		50,549	3.5859  GBP
10p ordinary		SWAP		Decreasing Short		89,533	3.5856  GBP
10p ordinary		SWAP		Decreasing Short		105,207	3.6007  GBP
10p ordinary		SWAP		Decreasing Short		137,482	3.6133  GBP
10p ordinary		SWAP		Decreasing Short		154,201	3.6200  GBP
10p ordinary		SWAP		Decreasing Short		189,190	3.6195  GBP
10p ordinary		SWAP		Decreasing Short		202,436	3.5900  GBP
10p ordinary		SWAP		Increasing Long		40,325	3.5950  GBP
10p ordinary		SWAP		Increasing Short		3	3.5886  GBP
10p ordinary		SWAP		Increasing Short		6	3.5893  GBP
10p ordinary		SWAP		Increasing Short		624	3.5200  GBP
10p ordinary		SWAP		Increasing Short		624	3.5180  GBP
10p ordinary		CFD		Increasing Short		1,246	3.5460  GBP
10p ordinary		SWAP		Increasing Short		1,643	3.5991  GBP
10p ordinary		SWAP		Increasing Short		2,099	3.6013  GBP
10p ordinary		SWAP		Increasing Short		3,291	3.5993  GBP
10p ordinary		SWAP		Increasing Short		22,645	3.5858  GBP
10p ordinary		SWAP		Increasing Short		45,070	3.6112  GBP
10p ordinary		SWAP		Increasing Short		110,249	3.5604  GBP
10p ordinary		CFD		Increasing Short		344,402	3.6200  GBP
10p ordinary		SWAP		Opening Short		156	3.5947  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:				21 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END