Form 8.3 - DS SMITH PLC

Barclays PLC

01 July 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:				28 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:			27,371,269	1.98%	22,687,972	1.64%
(2)	Cash-settled derivatives:
	and/or controlled:			9,307,603	0.67%	26,593,738	1.93%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			36,678,872	2.66%	49,281,710	3.57%
(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		1,565,749		4.2099  GBP
10p ordinary		Purchase		1,194,428		4.2620  GBP
10p ordinary		Purchase		510,000		4.1870  GBP
10p ordinary		Purchase		503,407		4.2122  GBP
10p ordinary		Purchase		500,000		3.9319  GBP
10p ordinary		Purchase		406,500		4.1928  GBP
10p ordinary		Purchase		269,183		4.2076  GBP
10p ordinary		Purchase		250,000		4.1918  GBP
10p ordinary		Purchase		242,221		4.1844  GBP
10p ordinary		Purchase		172,870		4.2109  GBP
10p ordinary		Purchase		151,531		4.2302  GBP
10p ordinary		Purchase		140,000		4.1908  GBP
10p ordinary		Purchase		135,500		4.1882  GBP
10p ordinary		Purchase		113,643		4.2020  GBP
10p ordinary		Purchase		100,000		4.1816  GBP
10p ordinary		Purchase		100,000		4.1809  GBP
10p ordinary		Purchase		93,022		4.1974  GBP
10p ordinary		Purchase		81,336		4.1795  GBP
10p ordinary		Purchase		78,009		4.1895  GBP
10p ordinary		Purchase		65,700		4.2055  GBP
10p ordinary		Purchase		57,286		4.2019  GBP
10p ordinary		Purchase		43,253		4.1819  GBP
10p ordinary		Purchase		39,400		4.2044  GBP
10p ordinary		Purchase		33,064		4.1922  GBP
10p ordinary		Purchase		26,443		4.1860  GBP
10p ordinary		Purchase		25,336		4.1818  GBP
10p ordinary		Purchase		24,973		4.2129  GBP
10p ordinary		Purchase		23,410		4.2108  GBP
10p ordinary		Purchase		23,312		4.0654  GBP
10p ordinary		Purchase		18,299		4.1999  GBP
10p ordinary		Purchase		16,532		4.1745  GBP
10p ordinary		Purchase		16,532		4.1755  GBP
10p ordinary		Purchase		15,795		4.1917  GBP
10p ordinary		Purchase		15,718		4.2100  GBP
10p ordinary		Purchase		15,367		4.2277  GBP
10p ordinary		Purchase		14,621		4.1765  GBP
10p ordinary		Purchase		13,397		4.2297  GBP
10p ordinary		Purchase		12,203		4.2087  GBP
10p ordinary		Purchase		9,646		4.1891  GBP
10p ordinary		Purchase		8,767		4.2312  GBP
10p ordinary		Purchase		6,700		4.1874  GBP
10p ordinary		Purchase		5,441		4.1863  GBP
10p ordinary		Purchase		5,069		4.1800  GBP
10p ordinary		Purchase		4,051		4.2233  GBP
10p ordinary		Purchase		3,457		4.1955  GBP
10p ordinary		Purchase		3,420		4.2009  GBP
10p ordinary		Purchase		3,394		4.1828  GBP
10p ordinary		Purchase		3,332		4.1836  GBP
10p ordinary		Purchase		3,116		4.1780  GBP
10p ordinary		Purchase		3,068		4.1820  GBP
10p ordinary		Purchase		2,717		4.2171  GBP
10p ordinary		Purchase		2,478		4.1973  GBP
10p ordinary		Purchase		2,385		4.1810  GBP
10p ordinary		Purchase		2,049		4.2169  GBP
10p ordinary		Purchase		1,736		4.2324  GBP
10p ordinary		Purchase		1,697		4.1814  GBP
10p ordinary		Purchase		1,650		4.2300  GBP
10p ordinary		Purchase		1,606		4.1907  GBP
10p ordinary		Purchase		1,474		4.2022  GBP
10p ordinary		Purchase		1,472		4.2114  GBP
10p ordinary		Purchase		1,289		4.1847  GBP
10p ordinary		Purchase		1,281		4.2200  GBP
10p ordinary		Purchase		1,255		4.2000  GBP
10p ordinary		Purchase		966		4.1861  GBP
10p ordinary		Purchase		956		4.2088  GBP
10p ordinary		Purchase		882		4.1740  GBP
10p ordinary		Purchase		840		4.1720  GBP
10p ordinary		Purchase		759		4.2260  GBP
10p ordinary		Purchase		583		4.1840  GBP
10p ordinary		Sale		1,722,186		4.2100  GBP
10p ordinary		Sale		353,905		4.2099  GBP
10p ordinary		Sale		273,254		4.2025  GBP
10p ordinary		Sale		243,969		4.2087  GBP
10p ordinary		Sale		228,906		4.2102  GBP
10p ordinary		Sale		180,649		4.1832  GBP
10p ordinary		Sale		172,374		4.2007  GBP
10p ordinary		Sale		143,596		4.2003  GBP
10p ordinary		Sale		119,081		4.1933  GBP
10p ordinary		Sale		105,644		4.2116  GBP
10p ordinary		Sale		100,000		4.2233  GBP
10p ordinary		Sale		100,000		4.2261  GBP
10p ordinary		Sale		94,869		4.2026  GBP
10p ordinary		Sale		84,739		4.1975  GBP
10p ordinary		Sale		84,697		4.1837  GBP
10p ordinary		Sale		80,776		4.1815  GBP
10p ordinary		Sale		63,180		4.1814  GBP
10p ordinary		Sale		61,821		4.1858  GBP
10p ordinary		Sale		33,738		4.1931  GBP
10p ordinary		Sale		29,436		4.1845  GBP
10p ordinary		Sale		25,486		4.2022  GBP
10p ordinary		Sale		20,208		4.2170  GBP
10p ordinary		Sale		19,145		4.2093  GBP
10p ordinary		Sale		13,616		4.1825  GBP
10p ordinary		Sale		11,872		4.2117  GBP
10p ordinary		Sale		10,038		4.1945  GBP
10p ordinary		Sale		10,000		4.0406  GBP
10p ordinary		Sale		10,000		4.2052  GBP
10p ordinary		Sale		9,810		4.2162  GBP
10p ordinary		Sale		8,075		4.2124  GBP
10p ordinary		Sale		7,171		4.2143  GBP
10p ordinary		Sale		6,631		4.1870  GBP
10p ordinary		Sale		6,500		4.2130  GBP
10p ordinary		Sale		5,864		4.2065  GBP
10p ordinary		Sale		5,253		4.1841  GBP
10p ordinary		Sale		5,069		4.1800  GBP
10p ordinary		Sale		5,044		4.2150  GBP
10p ordinary		Sale		4,292		4.1790  GBP
10p ordinary		Sale		4,236		4.2059  GBP
10p ordinary		Sale		3,116		4.1780  GBP
10p ordinary		Sale		2,755		4.2111  GBP
10p ordinary		Sale		2,738		4.1720  GBP
10p ordinary		Sale		2,572		4.1822  GBP
10p ordinary		Sale		2,320		4.1820  GBP
10p ordinary		Sale		1,828		4.1819  GBP
10p ordinary		Sale		1,650		4.2300  GBP
10p ordinary		Sale		1,529		4.1840  GBP
10p ordinary		Sale		1,220		4.1810  GBP
10p ordinary		Sale		882		4.1740  GBP
10p ordinary		Sale		515		4.1880  GBP
10p ordinary		Sale		453		4.2140  GBP
10p ordinary		Sale		444		4.2000  GBP
10p ordinary		Sale		68		4.2020  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		Opening Long		550,615	4.2100  GBP
10p ordinary		CFD		Increasing Long		413	4.2000  GBP
10p ordinary		CFD		Increasing Long		360,356	4.2099  GBP
10p ordinary		CFD		Increasing Long		25	4.2100  GBP
10p ordinary		CFD		Decreasing Long		413	4.2000  GBP
10p ordinary		CFD		Decreasing Long		4,628	4.2100  GBP
10p ordinary		SWAP		Decreasing Long		4,782	4.2037  GBP
10p ordinary		SWAP		Opening Long		13,224	4.2097  GBP
10p ordinary		SWAP		Closing Long		4,688	4.2100  GBP
10p ordinary		SWAP		Increasing Short		2,292	4.2134  GBP
10p ordinary		SWAP		Increasing Long		7,200	4.1855  GBP
10p ordinary		SWAP		Decreasing Long		36	4.2066  GBP
10p ordinary		SWAP		Increasing Long		19,145	4.2093  GBP
10p ordinary		SWAP		Increasing Long		2,572	4.1822  GBP
10p ordinary		SWAP		Increasing Long		515	4.1880  GBP
10p ordinary		SWAP		Increasing Long		42,407	4.1926  GBP
10p ordinary		SWAP		Increasing Long		172,374	4.2007  GBP
10p ordinary		SWAP		Increasing Long		453	4.2140  GBP
10p ordinary		SWAP		Decreasing Long		150,000	3.9319  GBP
10p ordinary		SWAP		Decreasing Long		1,289	4.1847  GBP
10p ordinary		SWAP		Decreasing Long		78,000	4.1870  GBP
10p ordinary		SWAP		Decreasing Long		342,000	4.1906  GBP
10p ordinary		SWAP		Decreasing Long		972	4.1955  GBP
10p ordinary		SWAP		Decreasing Long		115,583	4.2025  GBP
10p ordinary		SWAP		Decreasing Long		21,402	4.2098  GBP
10p ordinary		SWAP		Decreasing Long		209,617	4.2100  GBP
10p ordinary		SWAP		Decreasing Long		503,407	4.2122  GBP
10p ordinary		SWAP		Decreasing Long		1,194,428	4.2620  GBP
10p ordinary		SWAP		Increasing Long		94,869	4.2026  GBP
10p ordinary		SWAP		Decreasing Long		2,182	4.2021  GBP
10p ordinary		SWAP		Decreasing Long		22,791	4.2140  GBP
10p ordinary		SWAP		Increasing Short		23,312	4.0654  GBP
10p ordinary		SWAP		Increasing Short		16,532	4.1745  GBP
10p ordinary		SWAP		Increasing Short		16,532	4.1755  GBP
10p ordinary		SWAP		Increasing Short		33,064	4.1922  GBP
10p ordinary		SWAP		Decreasing Short		79,689	4.2014  GBP
10p ordinary		SWAP		Decreasing Short		243,969	4.2087  GBP
10p ordinary		SWAP		Increasing Short		350,000	3.9319  GBP
10p ordinary		SWAP		Increasing Short		182,000	4.1870  GBP
10p ordinary		SWAP		Increasing Short		840,000	4.1906  GBP
10p ordinary		SWAP		Increasing Short		170,606	4.2100  GBP
10p ordinary		SWAP		Increasing Short		1,281	4.2200  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:				01 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END