Form 8.3 - DS SMITH PLC

Barclays PLC

05 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:				04 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:			33,068,585	2.40%	22,249,441	1.61%
(2)	Cash-settled derivatives:
	and/or controlled:			8,618,849	0.62%	32,364,437	2.35%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			41,687,434	3.02%	54,613,878	3.96%
(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		374,387		4.2528  GBP
10p ordinary		Purchase		250,000		4.2439  GBP
10p ordinary		Purchase		78,132		4.2500  GBP
10p ordinary		Purchase		67,238		4.2407  GBP
10p ordinary		Purchase		48,100		4.2493  GBP
10p ordinary		Purchase		27,869		4.2766  GBP
10p ordinary		Purchase		24,639		4.2631  GBP
10p ordinary		Purchase		23,572		4.2552  GBP
10p ordinary		Purchase		20,642		4.2749  GBP
10p ordinary		Purchase		20,506		4.2338  GBP
10p ordinary		Purchase		20,289		4.2640  GBP
10p ordinary		Purchase		18,060		4.2527  GBP
10p ordinary		Purchase		16,395		4.2576  GBP
10p ordinary		Purchase		16,224		4.2521  GBP
10p ordinary		Purchase		16,221		4.2509  GBP
10p ordinary		Purchase		14,103		4.2513  GBP
10p ordinary		Purchase		12,637		4.2399  GBP
10p ordinary		Purchase		11,284		4.2525  GBP
10p ordinary		Purchase		9,664		4.2628  GBP
10p ordinary		Purchase		7,880		4.2609  GBP
10p ordinary		Purchase		6,615		4.2510  GBP
10p ordinary		Purchase		6,046		4.2502  GBP
10p ordinary		Purchase		4,284		4.2550  GBP
10p ordinary		Purchase		4,251		4.2641  GBP
10p ordinary		Purchase		2,828		4.2430  GBP
10p ordinary		Purchase		2,047		4.2816  GBP
10p ordinary		Purchase		1,549		4.2350  GBP
10p ordinary		Purchase		1,530		4.2385  GBP
10p ordinary		Purchase		1,501		4.2480  GBP
10p ordinary		Purchase		1,347		4.2675  GBP
10p ordinary		Purchase		772		4.2720  GBP
10p ordinary		Purchase		491		4.2740  GBP
10p ordinary		Purchase		218		4.2400  GBP
10p ordinary		Purchase		187		4.2402  GBP
10p ordinary		Purchase		131		4.2401  GBP
10p ordinary		Purchase		100		4.2420  GBP
10p ordinary		Purchase		47		4.2560  GBP
10p ordinary		Sale		150,410		4.2510  GBP
10p ordinary		Sale		34,073		4.2449  GBP
10p ordinary		Sale		27,127		4.2497  GBP
10p ordinary		Sale		22,290		4.2500  GBP
10p ordinary		Sale		21,887		4.2502  GBP
10p ordinary		Sale		16,221		4.2509  GBP
10p ordinary		Sale		13,185		4.2794  GBP
10p ordinary		Sale		10,309		4.2725  GBP
10p ordinary		Sale		8,187		4.2573  GBP
10p ordinary		Sale		6,663		4.2799  GBP
10p ordinary		Sale		5,740		4.2626  GBP
10p ordinary		Sale		5,000		4.2440  GBP
10p ordinary		Sale		2,946		4.2803  GBP
10p ordinary		Sale		1,621		4.2700  GBP
10p ordinary		Sale		1,501		4.2480  GBP
10p ordinary		Sale		1,423		4.2433  GBP
10p ordinary		Sale		1,138		4.2720  GBP
10p ordinary		Sale		1,005		4.2876  GBP
10p ordinary		Sale		870		4.2400  GBP
10p ordinary		Sale		619		4.2781  GBP
10p ordinary		Sale		558		4.2340  GBP
10p ordinary		Sale		524		4.2470  GBP
10p ordinary		Sale		285		4.2420  GBP
10p ordinary		Sale		78		4.2479  GBP
10p ordinary		Sale		47		4.2564  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		28,947	4.2379  GBP
10p ordinary		CFD		Increasing Long		2,808	4.2500  GBP
10p ordinary		CFD		Decreasing Long		60,540	4.2500  GBP
10p ordinary		CFD		Decreasing Long		16,221	4.2509  GBP
10p ordinary		SWAP		Increasing Long		34,073	4.2449  GBP
10p ordinary		SWAP		Increasing Long		27,127	4.2497  GBP
10p ordinary		SWAP		Decreasing Short		18,790	4.2500  GBP
10p ordinary		SWAP		Decreasing Short		80,426	4.2508  GBP
10p ordinary		SWAP		Decreasing Short		366	4.2720  GBP
10p ordinary		SWAP		Decreasing Short		13,185	4.2794  GBP
10p ordinary		SWAP		Decreasing Short		2,946	4.2803  GBP
10p ordinary		SWAP		Increasing Short		20,172	4.2407  GBP
10p ordinary		SWAP		Increasing Short		75,000	4.2439  GBP
10p ordinary		SWAP		Increasing Short		48,100	4.2493  GBP
10p ordinary		SWAP		Increasing Short		160,991	4.2540  GBP
10p ordinary		SWAP		Increasing Short		21,905	4.2541  GBP
10p ordinary		SWAP		Increasing Short		290	4.2580  GBP
10p ordinary		SWAP		Increasing Short		969	4.2740  GBP
10p ordinary		SWAP		Increasing Short		2,047	4.2816  GBP
10p ordinary		SWAP		Increasing Long		78	4.2479  GBP
10p ordinary		SWAP		Decreasing Long		19,598	4.2333  GBP
10p ordinary		SWAP		Decreasing Long		908	4.2446  GBP
10p ordinary		SWAP		Decreasing Long		20,642	4.2749  GBP
10p ordinary		SWAP		Decreasing Short		9,830	4.2500  GBP
10p ordinary		SWAP		Decreasing Short		6,663	4.2799  GBP
10p ordinary		SWAP		Decreasing Short		4,385	4.2803  GBP
10p ordinary		SWAP		Increasing Short		1,549	4.2350  GBP
10p ordinary		SWAP		Increasing Short		47,066	4.2407  GBP
10p ordinary		SWAP		Increasing Short		175,000	4.2439  GBP
10p ordinary		SWAP		Increasing Short		16,224	4.2521  GBP
10p ordinary		SWAP		Increasing Short		321,306	4.2551  GBP
10p ordinary		SWAP		Increasing Short		4,743	4.2592  GBP
10p ordinary		SWAP		Increasing Short		4,251	4.2641  GBP
10p ordinary		SWAP		Increasing Short		772	4.2720  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:				05 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END