Form 8.3 -DS SMITH PLC

Barclays PLC

30 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  relevant securities this form relates:			DS SMITH PLC
(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:			29 Jul 2024
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			YES:  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:				33,951,304	2.46%	32,612,145	2.36%
(2) Cash-settled derivatives:				12,208,890	0.88%	33,539,677	2.43%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				46,160,194	3.34%	66,151,822	4.79%
(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 PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
10p ordinary	Purchase	348,470	4.5720  GBP
10p ordinary	Purchase	285,442	4.5600  GBP
10p ordinary	Purchase	204,058	4.5610  GBP
10p ordinary	Purchase	153,880	4.5767  GBP
10p ordinary	Purchase	51,718	4.5711  GBP
10p ordinary	Purchase	46,608	4.5699  GBP
10p ordinary	Purchase	30,385	4.5649  GBP
10p ordinary	Purchase	30,142	4.5841  GBP
10p ordinary	Purchase	27,832	4.5754  GBP
10p ordinary	Purchase	27,589	4.5777  GBP
10p ordinary	Purchase	9,894	4.5758  GBP
10p ordinary	Purchase	4,854	4.5743  GBP
10p ordinary	Purchase	3,747	4.5835  GBP
10p ordinary	Purchase	3,519	4.5755  GBP
10p ordinary	Purchase	2,843	4.5960  GBP
10p ordinary	Purchase	2,757	4.5821  GBP
10p ordinary	Purchase	2,123	4.5820  GBP
10p ordinary	Purchase	1,925	4.5802  GBP
10p ordinary	Purchase	1,821	4.5769  GBP
10p ordinary	Purchase	1,792	4.5805  GBP
10p ordinary	Purchase	1,591	4.5811  GBP
10p ordinary	Purchase	1,589	4.5787  GBP
10p ordinary	Purchase	1,511	4.5801  GBP
10p ordinary	Purchase	1,497	4.5690  GBP
10p ordinary	Purchase	1,012	4.5780  GBP
10p ordinary	Purchase	706	4.5740  GBP
10p ordinary	Purchase	702	4.5800  GBP
10p ordinary	Purchase	256	4.5710  GBP
10p ordinary	Purchase	214	4.5760  GBP
10p ordinary	Purchase	162	4.5660  GBP
10p ordinary	Sale	148,910	4.5600  GBP
10p ordinary	Sale	115,552	4.5631  GBP
10p ordinary	Sale	73,395	4.5733  GBP
10p ordinary	Sale	59,952	4.5845  GBP
10p ordinary	Sale	46,461	4.5687  GBP
10p ordinary	Sale	33,955	4.5720  GBP
10p ordinary	Sale	30,385	4.5649  GBP
10p ordinary	Sale	21,145	4.5591  GBP
10p ordinary	Sale	17,668	4.5760  GBP
10p ordinary	Sale	14,890	4.5752  GBP
10p ordinary	Sale	13,969	4.6347  GBP
10p ordinary	Sale	13,459	4.5763  GBP
10p ordinary	Sale	12,615	4.5616  GBP
10p ordinary	Sale	9,891	4.5761  GBP
10p ordinary	Sale	7,983	4.5801  GBP
10p ordinary	Sale	7,406	4.5806  GBP
10p ordinary	Sale	7,328	4.5780  GBP
10p ordinary	Sale	4,854	4.5743  GBP
10p ordinary	Sale	4,264	4.5750  GBP
10p ordinary	Sale	4,150	4.5685  GBP
10p ordinary	Sale	4,081	4.5742  GBP
10p ordinary	Sale	3,668	4.5744  GBP
10p ordinary	Sale	2,938	4.5800  GBP
10p ordinary	Sale	1,789	4.5805  GBP
10p ordinary	Sale	1,726	4.5870  GBP
10p ordinary	Sale	1,504	4.5880  GBP
10p ordinary	Sale	1,498	4.5740  GBP
10p ordinary	Sale	1,248	4.5680  GBP
10p ordinary	Sale	962	4.5732  GBP
10p ordinary	Sale	632	4.5900  GBP
10p ordinary	Sale	264	4.5726  GBP
10p ordinary	Sale	51	4.5940  GBP
10p ordinary	Sale	23	4.5819  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	CFD	Decreasing Short	2,426	4.5600  GBP
10p ordinary	CFD	Decreasing Short	6,031	4.5743  GBP
10p ordinary	CFD	Increasing Short	247,521	4.5600  GBP
10p ordinary	CFD	Increasing Short	50,000	4.5709  GBP
10p ordinary	SWAP	Closing Long	649	4.5673  GBP
10p ordinary	SWAP	Opening Long	56,561	4.5600  GBP
10p ordinary	SWAP	Increasing Long	2	4.5700  GBP
10p ordinary	SWAP	Increasing Long	18,326	4.5813  GBP
10p ordinary	SWAP	Increasing Long	13,969	4.6347  GBP
10p ordinary	SWAP	Decreasing Long	74,886	4.5614  GBP
10p ordinary	SWAP	Closing Long	3	4.5833  GBP
10p ordinary	SWAP	Increasing Long	21,145	4.5590  GBP
10p ordinary	SWAP	Increasing Short	3,553	4.5777  GBP
10p ordinary	SWAP	Increasing Short	63	4.5777  GBP
10p ordinary	SWAP	Decreasing Short	27,009	4.5600  GBP
10p ordinary	SWAP	Decreasing Short	239	4.5780  GBP
10p ordinary	SWAP	Decreasing Short	1,726	4.5870  GBP
10p ordinary	SWAP	Decreasing Short	1,674	4.5880  GBP
10p ordinary	SWAP	Increasing Short	25,359	4.5605  GBP
10p ordinary	SWAP	Increasing Short	27,832	4.5754  GBP
10p ordinary	SWAP	Increasing Short	153,880	4.5767  GBP
10p ordinary	SWAP	Increasing Short	20,359	4.5771  GBP
10p ordinary	SWAP	Increasing Short	1,925	4.5802  GBP
10p ordinary	SWAP	Increasing Short	1,591	4.5811  GBP
10p ordinary	SWAP	Increasing Short	3,391	4.5860  GBP
10p ordinary	SWAP	Increasing Long	23	4.5819  GBP
10p ordinary	SWAP	Decreasing Long	30,142	4.5841  GBP
10p ordinary	SWAP	Decreasing Long	2,464	4.5951  GBP
10p ordinary	SWAP	Decreasing Long	379	4.6020  GBP
10p ordinary	SWAP	Increasing Short	16,133	4.5600  GBP
10p ordinary	SWAP	Increasing Short	51,718	4.5711  GBP
10p ordinary	SWAP	Increasing Short	12,664	4.5762  GBP
1.7p ordinary	SWAP	Increasing Long	75,000	4.5733  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  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 person 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:				30 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END