Form 8.3 -DS SMITH PLC

Barclays PLC

04 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:				03 Jul 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:			32,328,111	2.34%	22,282,512	1.62%
(2)	Cash-settled derivatives:
	and/or controlled:			8,643,725	0.63%	31,600,643	2.29%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			40,971,836	2.97%	53,883,155	3.91%
(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		358,000		4.2443  GBP
10p ordinary		Purchase		337,768		4.2577  GBP
10p ordinary		Purchase		250,000		4.2381  GBP
10p ordinary		Purchase		212,171		4.2600  GBP
10p ordinary		Purchase		197,254		4.2615  GBP
10p ordinary		Purchase		187,911		4.2597  GBP
10p ordinary		Purchase		100,000		4.2371  GBP
10p ordinary		Purchase		81,442		4.2729  GBP
10p ordinary		Purchase		72,122		4.2469  GBP
10p ordinary		Purchase		68,373		4.2535  GBP
10p ordinary		Purchase		57,900		4.2667  GBP
10p ordinary		Purchase		48,300		4.2583  GBP
10p ordinary		Purchase		37,342		4.2669  GBP
10p ordinary		Purchase		26,826		4.2508  GBP
10p ordinary		Purchase		20,958		4.2549  GBP
10p ordinary		Purchase		18,372		4.2829  GBP
10p ordinary		Purchase		17,821		4.2529  GBP
10p ordinary		Purchase		17,041		4.2525  GBP
10p ordinary		Purchase		15,312		4.2424  GBP
10p ordinary		Purchase		10,735		4.2400  GBP
10p ordinary		Purchase		10,569		4.2548  GBP
10p ordinary		Purchase		10,209		4.2772  GBP
10p ordinary		Purchase		8,593		4.2545  GBP
10p ordinary		Purchase		8,114		4.2552  GBP
10p ordinary		Purchase		6,813		4.2566  GBP
10p ordinary		Purchase		4,855		4.2684  GBP
10p ordinary		Purchase		4,853		4.2700  GBP
10p ordinary		Purchase		3,819		4.2426  GBP
10p ordinary		Purchase		3,181		4.2446  GBP
10p ordinary		Purchase		2,549		4.2455  GBP
10p ordinary		Purchase		2,310		4.2805  GBP
10p ordinary		Purchase		2,193		4.2757  GBP
10p ordinary		Purchase		1,970		4.2571  GBP
10p ordinary		Purchase		1,944		4.2467  GBP
10p ordinary		Purchase		1,934		4.2737  GBP
10p ordinary		Purchase		1,519		4.2798  GBP
10p ordinary		Purchase		1,500		4.2780  GBP
10p ordinary		Purchase		1,340		4.2900  GBP
10p ordinary		Purchase		1,074		4.2680  GBP
10p ordinary		Purchase		921		4.2840  GBP
10p ordinary		Purchase		759		4.2920  GBP
10p ordinary		Purchase		707		4.2800  GBP
10p ordinary		Purchase		678		4.2820  GBP
10p ordinary		Purchase		674		4.2940  GBP
10p ordinary		Purchase		663		4.2760  GBP
10p ordinary		Purchase		662		4.2740  GBP
10p ordinary		Purchase		657		4.2560  GBP
10p ordinary		Purchase		294		4.2559  GBP
10p ordinary		Purchase		40		4.2420  GBP
10p ordinary		Sale		258,952		4.2612  GBP
10p ordinary		Sale		166,544		4.2445  GBP
10p ordinary		Sale		156,817		4.2600  GBP
10p ordinary		Sale		116,378		4.2588  GBP
10p ordinary		Sale		74,695		4.2579  GBP
10p ordinary		Sale		58,819		4.2599  GBP
10p ordinary		Sale		54,738		4.2774  GBP
10p ordinary		Sale		53,373		4.2798  GBP
10p ordinary		Sale		50,000		4.2656  GBP
10p ordinary		Sale		17,469		4.2552  GBP
10p ordinary		Sale		11,257		4.2422  GBP
10p ordinary		Sale		10,725		4.2403  GBP
10p ordinary		Sale		10,666		4.2637  GBP
10p ordinary		Sale		10,063		4.2688  GBP
10p ordinary		Sale		9,874		4.2518  GBP
10p ordinary		Sale		8,114		4.2556  GBP
10p ordinary		Sale		7,169		4.2732  GBP
10p ordinary		Sale		6,401		4.2625  GBP
10p ordinary		Sale		4,853		4.2700  GBP
10p ordinary		Sale		4,792		4.2617  GBP
10p ordinary		Sale		3,977		4.2424  GBP
10p ordinary		Sale		3,589		4.2471  GBP
10p ordinary		Sale		3,247		4.2553  GBP
10p ordinary		Sale		2,549		4.2434  GBP
10p ordinary		Sale		2,319		4.2540  GBP
10p ordinary		Sale		2,310		4.2810  GBP
10p ordinary		Sale		1,826		4.2452  GBP
10p ordinary		Sale		1,654		4.2442  GBP
10p ordinary		Sale		1,519		4.2802  GBP
10p ordinary		Sale		1,500		4.2780  GBP
10p ordinary		Sale		1,340		4.2900  GBP
10p ordinary		Sale		1,136		4.2400  GBP
10p ordinary		Sale		1,121		4.2340  GBP
10p ordinary		Sale		1,097		4.2459  GBP
10p ordinary		Sale		887		4.2438  GBP
10p ordinary		Sale		759		4.2920  GBP
10p ordinary		Sale		754		4.2840  GBP
10p ordinary		Sale		753		4.2770  GBP
10p ordinary		Sale		707		4.2800  GBP
10p ordinary		Sale		679		4.2680  GBP
10p ordinary		Sale		678		4.2820  GBP
10p ordinary		Sale		674		4.2940  GBP
10p ordinary		Sale		663		4.2760  GBP
10p ordinary		Sale		662		4.2740  GBP
10p ordinary		Sale		657		4.2560  GBP
10p ordinary		Sale		40		4.2420  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		CFD		Increasing Long		1,551	4.2565  GBP
10p ordinary		CFD		Increasing Long		12,267	4.2567  GBP
10p ordinary		CFD		Decreasing Long		173,440	4.2600  GBP
10p ordinary		SWAP		Decreasing Long		4,304	4.2592  GBP
10p ordinary		SWAP		Decreasing Short		1	4.2700  GBP
10p ordinary		SWAP		Increasing Long		53,864	4.2599  GBP
10p ordinary		SWAP		Decreasing Short		1,121	4.2340  GBP
10p ordinary		SWAP		Decreasing Short		1,136	4.2400  GBP
10p ordinary		SWAP		Decreasing Short		11,257	4.2422  GBP
10p ordinary		SWAP		Decreasing Short		40,447	4.2600  GBP
10p ordinary		SWAP		Decreasing Short		53,373	4.2798  GBP
10p ordinary		SWAP		Increasing Short		75,000	4.2381  GBP
10p ordinary		SWAP		Increasing Short		2,735	4.2400  GBP
10p ordinary		SWAP		Increasing Short		134,819	4.2426  GBP
10p ordinary		SWAP		Increasing Short		72,122	4.2469  GBP
10p ordinary		SWAP		Increasing Short		22,466	4.2588  GBP
10p ordinary		SWAP		Increasing Short		103,386	4.2599  GBP
10p ordinary		SWAP		Increasing Short		100,000	4.2602  GBP
10p ordinary		SWAP		Increasing Long		3,977	4.2424  GBP
10p ordinary		SWAP		Decreasing Long		829	4.2476  GBP
10p ordinary		SWAP		Decreasing Long		16,212	4.2527  GBP
10p ordinary		SWAP		Decreasing Long		68,373	4.2535  GBP
10p ordinary		SWAP		Decreasing Short		17,469	4.2552  GBP
10p ordinary		SWAP		Decreasing Short		4,955	4.2599  GBP
10p ordinary		SWAP		Decreasing Short		50,000	4.2656  GBP
10p ordinary		SWAP		Decreasing Short		116,378	4.2588  GBP
10p ordinary		SWAP		Decreasing Short		5,711	4.2600  GBP
10p ordinary		SWAP		Increasing Short		175,000	4.2381  GBP
10p ordinary		SWAP		Increasing Short		327,000	4.2427  GBP
10p ordinary		SWAP		Increasing Short		294	4.2560  GBP
10p ordinary		SWAP		Increasing Short		262,215	4.2599  GBP
10p ordinary		SWAP		Increasing Short		78,128	4.2600  GBP
10p ordinary		SWAP		Increasing Short		1,934	4.2738  GBP
10p ordinary		SWAP		Increasing Short		10,684	4.2742  GBP
10p ordinary		SWAP		Increasing Short		167	4.2840  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:				04 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END