Form 8.3 - DS SMITH PLC

Barclays PLC

01 August 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:			31 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:				33,447,077	2.42%	32,547,997	2.36%
(2) Cash-settled derivatives:				12,274,219	0.89%	33,039,217	2.39%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				45,721,296	3.31%	65,587,214	4.75%
(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	169,805	4.5222  GBP
10p ordinary	Purchase	165,000	4.5103  GBP
10p ordinary	Purchase	137,308	4.5196  GBP
10p ordinary	Purchase	129,240	4.5469  GBP
10p ordinary	Purchase	125,439	4.5408  GBP
10p ordinary	Purchase	64,997	4.5360  GBP
10p ordinary	Purchase	57,065	4.5239  GBP
10p ordinary	Purchase	56,202	4.5444  GBP
10p ordinary	Purchase	40,034	4.5398  GBP
10p ordinary	Purchase	21,828	4.5488  GBP
10p ordinary	Purchase	12,423	4.5133  GBP
10p ordinary	Purchase	12,308	4.5216  GBP
10p ordinary	Purchase	6,728	4.5314  GBP
10p ordinary	Purchase	4,549	4.5207  GBP
10p ordinary	Purchase	4,347	4.5138  GBP
10p ordinary	Purchase	4,269	4.5063  GBP
10p ordinary	Purchase	3,990	4.5073  GBP
10p ordinary	Purchase	3,918	4.5147  GBP
10p ordinary	Purchase	3,870	4.5238  GBP
10p ordinary	Purchase	3,800	4.5159  GBP
10p ordinary	Purchase	3,419	4.5048  GBP
10p ordinary	Purchase	3,357	4.5132  GBP
10p ordinary	Purchase	3,054	4.5480  GBP
10p ordinary	Purchase	2,682	4.5114  GBP
10p ordinary	Purchase	2,571	4.5060  GBP
10p ordinary	Purchase	2,275	4.5065  GBP
10p ordinary	Purchase	2,181	4.5067  GBP
10p ordinary	Purchase	2,075	4.5249  GBP
10p ordinary	Purchase	1,725	4.5123  GBP
10p ordinary	Purchase	1,711	4.5020  GBP
10p ordinary	Purchase	1,359	4.5120  GBP
10p ordinary	Purchase	1,289	4.5040  GBP
10p ordinary	Purchase	1,179	4.5000  GBP
10p ordinary	Purchase	1,056	4.5086  GBP
10p ordinary	Purchase	986	4.5083  GBP
10p ordinary	Purchase	927	4.4980  GBP
10p ordinary	Purchase	891	4.5053  GBP
10p ordinary	Purchase	777	4.5140  GBP
10p ordinary	Purchase	671	4.5420  GBP
10p ordinary	Purchase	638	4.4940  GBP
10p ordinary	Purchase	621	4.5110  GBP
10p ordinary	Purchase	604	4.5075  GBP
10p ordinary	Purchase	604	4.5195  GBP
10p ordinary	Purchase	531	4.5101  GBP
10p ordinary	Purchase	397	4.5220  GBP
10p ordinary	Purchase	164	4.5340  GBP
10p ordinary	Purchase	164	4.5260  GBP
10p ordinary	Sale	1,289,017	4.5480  GBP
10p ordinary	Sale	115,917	4.5178  GBP
10p ordinary	Sale	61,777	4.5198  GBP
10p ordinary	Sale	60,437	4.5291  GBP
10p ordinary	Sale	39,588	4.4987  GBP
10p ordinary	Sale	39,306	4.5462  GBP
10p ordinary	Sale	31,424	4.5238  GBP
10p ordinary	Sale	23,119	4.5470  GBP
10p ordinary	Sale	21,828	4.5488  GBP
10p ordinary	Sale	19,238	4.5187  GBP
10p ordinary	Sale	19,035	4.5125  GBP
10p ordinary	Sale	17,029	4.5263  GBP
10p ordinary	Sale	15,100	4.5196  GBP
10p ordinary	Sale	11,343	4.5013  GBP
10p ordinary	Sale	9,375	4.5456  GBP
10p ordinary	Sale	6,837	4.5103  GBP
10p ordinary	Sale	5,273	4.5272  GBP
10p ordinary	Sale	4,742	4.5072  GBP
10p ordinary	Sale	4,557	4.5057  GBP
10p ordinary	Sale	4,251	4.5473  GBP
10p ordinary	Sale	4,206	4.5174  GBP
10p ordinary	Sale	4,198	4.5326  GBP
10p ordinary	Sale	3,934	4.5351  GBP
10p ordinary	Sale	3,752	4.5193  GBP
10p ordinary	Sale	3,344	4.5432  GBP
10p ordinary	Sale	3,170	4.5121  GBP
10p ordinary	Sale	2,922	4.5071  GBP
10p ordinary	Sale	2,847	4.5416  GBP
10p ordinary	Sale	2,765	4.5100  GBP
10p ordinary	Sale	2,706	4.5095  GBP
10p ordinary	Sale	1,840	4.5420  GBP
10p ordinary	Sale	1,725	4.5128  GBP
10p ordinary	Sale	1,711	4.5020  GBP
10p ordinary	Sale	1,589	4.5047  GBP
10p ordinary	Sale	1,359	4.5120  GBP
10p ordinary	Sale	1,331	4.5400  GBP
10p ordinary	Sale	1,307	4.5060  GBP
10p ordinary	Sale	1,196	4.5090  GBP
10p ordinary	Sale	1,091	4.5040  GBP
10p ordinary	Sale	1,050	4.5140  GBP
10p ordinary	Sale	986	4.5087  GBP
10p ordinary	Sale	944	4.5138  GBP
10p ordinary	Sale	812	4.4919  GBP
10p ordinary	Sale	775	4.5200  GBP
10p ordinary	Sale	655	4.5000  GBP
10p ordinary	Sale	638	4.4940  GBP
10p ordinary	Sale	638	4.4980  GBP
10p ordinary	Sale	604	4.5080  GBP
10p ordinary	Sale	397	4.5220  GBP
10p ordinary	Sale	176	4.5239  GBP
10p ordinary	Sale	164	4.5260  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	3	4.5466  GBP
10p ordinary	CFD	Decreasing Short	2,191	4.5470  GBP
10p ordinary	CFD	Decreasing Short	28	4.5478  GBP
10p ordinary	CFD	Decreasing Short	1,136,024	4.5479  GBP
10p ordinary	CFD	Decreasing Short	38	4.5481  GBP
10p ordinary	CFD	Decreasing Short	21,828	4.5488  GBP
10p ordinary	CFD	Decreasing Short	2	4.5500  GBP
10p ordinary	CFD	Increasing Short	2,869	4.5114  GBP
10p ordinary	CFD	Increasing Short	50,000	4.5343  GBP
10p ordinary	CFD	Increasing Short	64,997	4.5359  GBP
10p ordinary	CFD	Increasing Short	3	4.5466  GBP
10p ordinary	CFD	Increasing Short	28	4.5478  GBP
10p ordinary	CFD	Increasing Short	1,407	4.5479  GBP
10p ordinary	CFD	Increasing Short	38	4.5481  GBP
10p ordinary	CFD	Increasing Short	2	4.5500  GBP
10p ordinary	SWAP	Opening Short	1,348	4.5482  GBP
10p ordinary	SWAP	Decreasing Long	300	4.4913  GBP
10p ordinary	SWAP	Increasing Long	23,119	4.5470  GBP
10p ordinary	SWAP	Increasing Long	4,251	4.5473  GBP
10p ordinary	SWAP	Increasing Short	4,270	4.5138  GBP
10p ordinary	SWAP	Increasing Short	77	4.5138  GBP
10p ordinary	SWAP	Decreasing Short	4,557	4.5058  GBP
10p ordinary	SWAP	Decreasing Short	2,922	4.5071  GBP
10p ordinary	SWAP	Decreasing Short	171	4.5200  GBP
10p ordinary	SWAP	Decreasing Short	7,929	4.5480  GBP
10p ordinary	SWAP	Increasing Short	2,275	4.5065  GBP
10p ordinary	SWAP	Increasing Short	137,308	4.5196  GBP
10p ordinary	SWAP	Increasing Short	671	4.5420  GBP
10p ordinary	SWAP	Increasing Short	52,164	4.5480  GBP
10p ordinary	SWAP	Increasing Short	11,671	4.5488  GBP
10p ordinary	SWAP	Increasing Short	4	4.5920  GBP
10p ordinary	SWAP	Increasing Long	812	4.4919  GBP
10p ordinary	SWAP	Decreasing Long	289	4.4980  GBP
10p ordinary	SWAP	Decreasing Long	12,423	4.5133  GBP
10p ordinary	SWAP	Decreasing Short	176	4.5240  GBP
10p ordinary	SWAP	Increasing Short	57,065	4.5239  GBP
10p ordinary	SWAP	Increasing Short	3,651	4.5480  GBP
10p ordinary	SWAP	Increasing Short	7	4.5920  GBP
10p ordinary	SWAP	Increasing Short	32,693	4.5480 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:				01 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END