Form 8.3 - DS SMITH PLC

Barclays PLC

10 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:				09 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:			36,229,701	2.63%	21,814,197	1.58%
(2)	Cash-settled derivatives:
	and/or controlled:			8,357,709	0.61%	35,530,849	2.58%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,587,410	3.23%	57,345,046	4.16%
(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		663,316		4.2000  GBP
10p ordinary		Purchase		358,000		4.1917  GBP
10p ordinary		Purchase		163,490		4.1975  GBP
10p ordinary		Purchase		70,174		4.1935  GBP
10p ordinary		Purchase		50,743		4.1955  GBP
10p ordinary		Purchase		49,151		4.1978  GBP
10p ordinary		Purchase		27,838		4.2060  GBP
10p ordinary		Purchase		27,490		4.1972  GBP
10p ordinary		Purchase		14,171		4.1918  GBP
10p ordinary		Purchase		13,200		4.1871  GBP
10p ordinary		Purchase		13,065		4.1991  GBP
10p ordinary		Purchase		11,239		4.1873  GBP
10p ordinary		Purchase		4,598		4.1671  GBP
10p ordinary		Purchase		4,528		4.1928  GBP
10p ordinary		Purchase		3,367		4.1959  GBP
10p ordinary		Purchase		3,359		4.1860  GBP
10p ordinary		Purchase		3,096		4.1896  GBP
10p ordinary		Purchase		3,081		4.2037  GBP
10p ordinary		Purchase		2,909		4.1933  GBP
10p ordinary		Purchase		2,904		4.1909  GBP
10p ordinary		Purchase		2,879		4.1849  GBP
10p ordinary		Purchase		2,772		4.1961  GBP
10p ordinary		Purchase		2,436		4.1870  GBP
10p ordinary		Purchase		1,933		4.1855  GBP
10p ordinary		Purchase		1,868		4.1946  GBP
10p ordinary		Purchase		1,668		4.1850  GBP
10p ordinary		Purchase		1,383		4.1876  GBP
10p ordinary		Purchase		1,268		4.2020  GBP
10p ordinary		Purchase		659		4.1920  GBP
10p ordinary		Purchase		348		4.1761  GBP
10p ordinary		Purchase		223		4.1900  GBP
10p ordinary		Purchase		200		4.1590  GBP
10p ordinary		Purchase		148		4.1800  GBP
10p ordinary		Sale		500,000		4.2030  GBP
10p ordinary		Sale		226,755		4.1989  GBP
10p ordinary		Sale		97,785		4.2000  GBP
10p ordinary		Sale		85,247		4.1922  GBP
10p ordinary		Sale		81,705		4.1992  GBP
10p ordinary		Sale		38,026		4.1960  GBP
10p ordinary		Sale		33,554		4.1995  GBP
10p ordinary		Sale		32,453		4.1934  GBP
10p ordinary		Sale		25,673		4.1911  GBP
10p ordinary		Sale		24,826		4.2002  GBP
10p ordinary		Sale		18,910		4.1932  GBP
10p ordinary		Sale		7,400		4.1847  GBP
10p ordinary		Sale		7,000		4.1964  GBP
10p ordinary		Sale		4,895		4.1866  GBP
10p ordinary		Sale		4,375		4.1660  GBP
10p ordinary		Sale		3,535		4.1990  GBP
10p ordinary		Sale		3,088		4.1908  GBP
10p ordinary		Sale		3,078		4.1919  GBP
10p ordinary		Sale		2,409		4.1926  GBP
10p ordinary		Sale		1,239		4.1820  GBP
10p ordinary		Sale		1,166		4.1880  GBP
10p ordinary		Sale		1,037		4.1980  GBP
10p ordinary		Sale		264		4.1760  GBP
10p ordinary		Sale		148		4.1883  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		83,889	4.2000  GBP
10p ordinary		CFD		Decreasing Long		4,617	4.1975  GBP
10p ordinary		CFD		Decreasing Long		34,756	4.2000  GBP
10p ordinary		SWAP		Decreasing Long		4,304	4.1948  GBP
10p ordinary		SWAP		Opening Long		18,910	4.1932  GBP
10p ordinary		SWAP		Increasing Long		46,115	4.1950  GBP
10p ordinary		SWAP		Increasing Long		500,000	4.2030  GBP
10p ordinary		SWAP		Decreasing Long		27,860	4.1854  GBP
10p ordinary		SWAP		Decreasing Long		518,255	4.2000  GBP
10p ordinary		SWAP		Increasing Long		81,705	4.1991  GBP
10p ordinary		SWAP		Increasing Short		48,350	4.1978  GBP
10p ordinary		SWAP		Increasing Short		801	4.1978  GBP
10p ordinary		SWAP		Decreasing Short		3,088	4.1908  GBP
10p ordinary		SWAP		Decreasing Short		85,247	4.1922  GBP
10p ordinary		SWAP		Decreasing Short		2,409	4.1926  GBP
10p ordinary		SWAP		Decreasing Short		29,276	4.1943  GBP
10p ordinary		SWAP		Decreasing Short		99,978	4.1991  GBP
10p ordinary		SWAP		Increasing Short		100	4.1610  GBP
10p ordinary		SWAP		Increasing Short		834	4.1850  GBP
10p ordinary		SWAP		Increasing Short		101,000	4.1917  GBP
10p ordinary		SWAP		Increasing Short		70,174	4.1935  GBP
10p ordinary		SWAP		Increasing Short		1,868	4.1946  GBP
10p ordinary		SWAP		Increasing Short		3,367	4.1959  GBP
10p ordinary		SWAP		Increasing Short		2,904	4.1962  GBP
10p ordinary		SWAP		Increasing Short		78,853	4.2000  GBP
10p ordinary		SWAP		Increasing Long		33,554	4.1995  GBP
10p ordinary		SWAP		Decreasing Long		538	4.1860  GBP
10p ordinary		SWAP		Decreasing Long		3,081	4.2037  GBP
10p ordinary		SWAP		Decreasing Short		3,535	4.1990  GBP
10p ordinary		SWAP		Decreasing Short		3,292	4.2025  GBP
10p ordinary		SWAP		Increasing Short		100	4.1610  GBP
10p ordinary		SWAP		Increasing Short		2,922	4.1856  GBP
10p ordinary		SWAP		Increasing Short		9,264	4.1873  GBP
10p ordinary		SWAP		Increasing Short		257,000	4.1917  GBP
10p ordinary		SWAP		Increasing Short		52,403	4.2000  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:				10 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END