Form 8.3 - DS SMITH PLC

Barclays PLC

08 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:				05 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:			35,178,885	2.55%	21,922,138	1.59%
(2)	Cash-settled derivatives:
	and/or controlled:			8,384,656	0.61%	34,477,520	2.50%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			43,563,541	3.16%	56,399,658	4.09%
(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		1,081,948		4.1815  GBP
10p ordinary		Purchase		453,907		4.1943  GBP
10p ordinary		Purchase		273,077		4.2068  GBP
10p ordinary		Purchase		250,000		4.2421  GBP
10p ordinary		Purchase		250,000		4.2221  GBP
10p ordinary		Purchase		139,002		4.2108  GBP
10p ordinary		Purchase		124,195		4.1820  GBP
10p ordinary		Purchase		103,303		4.2200  GBP
10p ordinary		Purchase		99,726		4.2114  GBP
10p ordinary		Purchase		91,610		4.1795  GBP
10p ordinary		Purchase		81,468		4.2284  GBP
10p ordinary		Purchase		55,515		4.1781  GBP
10p ordinary		Purchase		34,900		4.2428  GBP
10p ordinary		Purchase		31,036		4.2210  GBP
10p ordinary		Purchase		30,255		4.1800  GBP
10p ordinary		Purchase		28,552		4.2100  GBP
10p ordinary		Purchase		27,757		4.2540  GBP
10p ordinary		Purchase		27,499		4.2504  GBP
10p ordinary		Purchase		26,823		4.2280  GBP
10p ordinary		Purchase		25,932		4.2395  GBP
10p ordinary		Purchase		22,563		4.2316  GBP
10p ordinary		Purchase		19,804		4.1984  GBP
10p ordinary		Purchase		13,078		4.1819  GBP
10p ordinary		Purchase		8,510		4.2132  GBP
10p ordinary		Purchase		8,400		4.2137  GBP
10p ordinary		Purchase		6,189		4.2254  GBP
10p ordinary		Purchase		5,954		4.2164  GBP
10p ordinary		Purchase		5,903		4.1910  GBP
10p ordinary		Purchase		5,424		4.2521  GBP
10p ordinary		Purchase		2,765		4.1860  GBP
10p ordinary		Purchase		2,299		4.2551  GBP
10p ordinary		Purchase		2,073		4.1840  GBP
10p ordinary		Purchase		1,574		4.1836  GBP
10p ordinary		Purchase		1,481		4.2625  GBP
10p ordinary		Purchase		1,105		4.2060  GBP
10p ordinary		Purchase		1,100		4.2640  GBP
10p ordinary		Purchase		1,014		4.2752  GBP
10p ordinary		Purchase		815		4.2480  GBP
10p ordinary		Purchase		750		4.1905  GBP
10p ordinary		Purchase		381		4.2600  GBP
10p ordinary		Purchase		309		4.2470  GBP
10p ordinary		Sale		313,062		4.2055  GBP
10p ordinary		Sale		170,803		4.1879  GBP
10p ordinary		Sale		142,176		4.1815  GBP
10p ordinary		Sale		58,999		4.2128  GBP
10p ordinary		Sale		57,752		4.2285  GBP
10p ordinary		Sale		55,477		4.2173  GBP
10p ordinary		Sale		46,372		4.1800  GBP
10p ordinary		Sale		22,085		4.2483  GBP
10p ordinary		Sale		8,138		4.2580  GBP
10p ordinary		Sale		6,072		4.2616  GBP
10p ordinary		Sale		5,261		4.1801  GBP
10p ordinary		Sale		3,701		4.2319  GBP
10p ordinary		Sale		2,655		4.2600  GBP
10p ordinary		Sale		2,253		4.2130  GBP
10p ordinary		Sale		2,140		4.2582  GBP
10p ordinary		Sale		2,114		4.2653  GBP
10p ordinary		Sale		1,849		4.2464  GBP
10p ordinary		Sale		1,774		4.2009  GBP
10p ordinary		Sale		1,699		4.2545  GBP
10p ordinary		Sale		1,531		4.2410  GBP
10p ordinary		Sale		1,105		4.2060  GBP
10p ordinary		Sale		1,100		4.2640  GBP
10p ordinary		Sale		834		4.2617  GBP
10p ordinary		Sale		583		4.2520  GBP
10p ordinary		Sale		558		4.2376  GBP
10p ordinary		Sale		104		4.2459  GBP
10p ordinary		Sale		104		4.1820  GBP
10p ordinary		Sale		92		4.2680  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		886	4.1800  GBP
10p ordinary		CFD		Decreasing Long		3,694	4.1800  GBP
10p ordinary		CFD		Decreasing Long		142,176	4.1815  GBP
10p ordinary		CFD		Decreasing Long		2,073	4.1839  GBP
10p ordinary		SWAP		Decreasing Long		4,304	4.2178  GBP
10p ordinary		SWAP		Closing Short		8,244	4.1800  GBP
10p ordinary		SWAP		Decreasing Short		5,711	4.1800  GBP
10p ordinary		SWAP		Decreasing Short		9,985	4.1889  GBP
10p ordinary		SWAP		Decreasing Short		55,477	4.2173  GBP
10p ordinary		SWAP		Decreasing Short		583	4.2520  GBP
10p ordinary		SWAP		Decreasing Short		1,699	4.2545  GBP
10p ordinary		SWAP		Decreasing Short		2,114	4.2653  GBP
10p ordinary		SWAP		Increasing Short		375,371	4.1802  GBP
10p ordinary		SWAP		Increasing Short		37,259	4.1820  GBP
10p ordinary		SWAP		Increasing Short		101,243	4.1833  GBP
10p ordinary		SWAP		Increasing Short		273,077	4.2068  GBP
10p ordinary		SWAP		Increasing Short		100,000	4.2111  GBP
10p ordinary		SWAP		Increasing Short		150,000	4.2321  GBP
10p ordinary		SWAP		Increasing Short		5,424	4.2521  GBP
10p ordinary		SWAP		Increasing Short		1,014	4.2752  GBP
10p ordinary		SWAP		Increasing Long		104	4.2459  GBP
10p ordinary		SWAP		Decreasing Long		5,193	4.1880  GBP
10p ordinary		SWAP		Decreasing Long		99,726	4.2114  GBP
10p ordinary		SWAP		Decreasing Long		710	4.2135  GBP
10p ordinary		SWAP		Decreasing Short		5,711	4.1800  GBP
10p ordinary		SWAP		Increasing Short		256,859	4.1800  GBP
10p ordinary		SWAP		Increasing Short		86,936	4.1820  GBP
10p ordinary		SWAP		Increasing Short		750	4.1905  GBP
10p ordinary		SWAP		Increasing Short		325,672	4.2060  GBP
10p ordinary		SWAP		Increasing Short		139,002	4.2108  GBP
10p ordinary		SWAP		Increasing Short		350,000	4.2321  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:				08 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END