Form 8.3 -DS SMITH PLC

Barclays PLC

19 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:				18 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:			36,759,735	2.66%	28,012,494	2.03%
(2)	Cash-settled derivatives:
	and/or controlled:			7,665,380	0.56%	36,711,958	2.66%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,425,115	3.22%	64,724,452	4.69%
(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		193,432		4.4260  GBP
10p ordinary		Purchase		67,488		4.4256  GBP
10p ordinary		Purchase		61,914		4.4257  GBP
10p ordinary		Purchase		53,759		4.4456  GBP
10p ordinary		Purchase		35,812		4.4404  GBP
10p ordinary		Purchase		27,559		4.4349  GBP
10p ordinary		Purchase		26,600		4.4156  GBP
10p ordinary		Purchase		25,951		4.4320  GBP
10p ordinary		Purchase		20,492		4.4270  GBP
10p ordinary		Purchase		20,021		4.4140  GBP
10p ordinary		Purchase		18,853		4.4212  GBP
10p ordinary		Purchase		13,596		4.4266  GBP
10p ordinary		Purchase		4,255		4.4449  GBP
10p ordinary		Purchase		3,978		4.4100  GBP
10p ordinary		Purchase		3,500		4.4411  GBP
10p ordinary		Purchase		3,466		4.4480  GBP
10p ordinary		Purchase		3,129		4.4331  GBP
10p ordinary		Purchase		2,999		4.4359  GBP
10p ordinary		Purchase		2,612		4.4414  GBP
10p ordinary		Purchase		1,210		4.4560  GBP
10p ordinary		Purchase		740		4.4160  GBP
10p ordinary		Purchase		732		4.4180  GBP
10p ordinary		Purchase		398		4.4500  GBP
10p ordinary		Purchase		8		4.4440  GBP
10p ordinary		Purchase		6		4.4170  GBP
10p ordinary		Purchase		2		4.4220  GBP
10p ordinary		Sale		2,804,116		4.4200  GBP
10p ordinary		Sale		281,421		4.4263  GBP
10p ordinary		Sale		89,042		4.4406  GBP
10p ordinary		Sale		86,637		4.4249  GBP
10p ordinary		Sale		80,619		4.4341  GBP
10p ordinary		Sale		79,469		4.4260  GBP
10p ordinary		Sale		69,881		4.4402  GBP
10p ordinary		Sale		64,344		4.4264  GBP
10p ordinary		Sale		19,529		4.4104  GBP
10p ordinary		Sale		6,250		4.4320  GBP
10p ordinary		Sale		5,440		4.4247  GBP
10p ordinary		Sale		5,309		4.4207  GBP
10p ordinary		Sale		3,224		4.4154  GBP
10p ordinary		Sale		2,590		4.4117  GBP
10p ordinary		Sale		947		4.4210  GBP
10p ordinary		Sale		896		4.4396  GBP
10p ordinary		Sale		841		4.4426  GBP
10p ordinary		Sale		804		4.4168  GBP
10p ordinary		Sale		551		4.4180  GBP
10p ordinary		Sale		537		4.4420  GBP
10p ordinary		Sale		253		4.4140  GBP
10p ordinary		Sale		122		4.4527  GBP
10p ordinary		Sale		2		4.4224  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		Decreasing Short		537	4.4180  GBP
10p ordinary		CFD		Decreasing Short		77,292	4.4259  GBP
10p ordinary		CFD		Decreasing Short		10,078	4.4260  GBP
10p ordinary		CFD		Increasing Short		537	4.4180  GBP
10p ordinary		CFD		Increasing Short		10,078	4.4260  GBP
10p ordinary		SWAP		Decreasing Long		13,596	4.4266  GBP
10p ordinary		SWAP		Decreasing Short		4,862	4.4256  GBP
10p ordinary		SWAP		Decreasing Short		20,909	4.4260  GBP
10p ordinary		SWAP		Decreasing Short		5,044	4.4294  GBP
10p ordinary		SWAP		Decreasing Short		896	4.4396  GBP
10p ordinary		SWAP		Decreasing Short		89,042	4.4406  GBP
10p ordinary		SWAP		Decreasing Short		841	4.4426  GBP
10p ordinary		SWAP		Increasing Short		18,853	4.4212  GBP
10p ordinary		SWAP		Increasing Short		3,129	4.4331  GBP
10p ordinary		SWAP		Increasing Short		7,447	4.4353  GBP
10p ordinary		SWAP		Increasing Short		2,999	4.4359  GBP
10p ordinary		SWAP		Increasing Long		122	4.4527  GBP
10p ordinary		SWAP		Decreasing Long		1,544	4.4220  GBP
10p ordinary		SWAP		Decreasing Long		27,559	4.4349  GBP
10p ordinary		SWAP		Decreasing Long		391	4.4400  GBP
10p ordinary		SWAP		Decreasing Short		34,680	4.4260  GBP
10p ordinary		SWAP		Decreasing Short		8,614	4.4277  GBP
10p ordinary		SWAP		Decreasing Short		80,619	4.4341  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:				19 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END