Form 8.3 - DS SMITH PLC

Barclays PLC

15 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:			14 Aug 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 CO
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:				33,723,303	2.45%	32,470,927	2.35%
(2) Cash-settled derivatives:				11,940,409	0.87%	33,493,936	2.43%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				45,663,712	3.31%	65,964,863	4.78%
(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	348,745	4.5680  GBP
10p ordinary	Purchase	227,374	4.4461  GBP
10p ordinary	Purchase	214,864	4.5577  GBP
10p ordinary	Purchase	201,174	4.5508  GBP
10p ordinary	Purchase	117,030	4.5673  GBP
10p ordinary	Purchase	49,497	4.4629  GBP
10p ordinary	Purchase	36,563	4.4580  GBP
10p ordinary	Purchase	35,115	4.5335  GBP
10p ordinary	Purchase	29,004	4.5002  GBP
10p ordinary	Purchase	27,796	4.4689  GBP
10p ordinary	Purchase	25,932	4.4612  GBP
10p ordinary	Purchase	23,236	4.4665  GBP
10p ordinary	Purchase	22,631	4.4652  GBP
10p ordinary	Purchase	18,825	4.4980  GBP
10p ordinary	Purchase	16,285	4.5616  GBP
10p ordinary	Purchase	11,115	4.4660  GBP
10p ordinary	Purchase	10,446	4.4880  GBP
10p ordinary	Purchase	8,886	4.4635  GBP
10p ordinary	Purchase	8,838	4.4609  GBP
10p ordinary	Purchase	7,569	4.4380  GBP
10p ordinary	Purchase	6,505	4.4897  GBP
10p ordinary	Purchase	5,547	4.4560  GBP
10p ordinary	Purchase	4,467	4.4645  GBP
10p ordinary	Purchase	4,445	4.4632  GBP
10p ordinary	Purchase	3,960	4.4584  GBP
10p ordinary	Purchase	3,338	4.5193  GBP
10p ordinary	Purchase	3,209	4.5033  GBP
10p ordinary	Purchase	3,121	4.5148  GBP
10p ordinary	Purchase	2,722	4.4340  GBP
10p ordinary	Purchase	2,505	4.4523  GBP
10p ordinary	Purchase	2,243	4.4989  GBP
10p ordinary	Purchase	1,981	4.4556  GBP
10p ordinary	Purchase	1,861	4.5350  GBP
10p ordinary	Purchase	1,852	4.4496  GBP
10p ordinary	Purchase	1,737	4.5201  GBP
10p ordinary	Purchase	1,651	4.4963  GBP
10p ordinary	Purchase	1,618	4.4610  GBP
10p ordinary	Purchase	1,610	4.5630  GBP
10p ordinary	Purchase	1,576	4.5500  GBP
10p ordinary	Purchase	1,483	4.5580  GBP
10p ordinary	Purchase	1,327	4.5157  GBP
10p ordinary	Purchase	1,077	4.5019  GBP
10p ordinary	Purchase	915	4.4460  GBP
10p ordinary	Purchase	869	4.4638  GBP
10p ordinary	Purchase	748	4.5160  GBP
10p ordinary	Purchase	621	4.5600  GBP
10p ordinary	Purchase	618	4.4360  GBP
10p ordinary	Purchase	617	4.5400  GBP
10p ordinary	Purchase	528	4.4320  GBP
10p ordinary	Purchase	461	4.4520  GBP
10p ordinary	Purchase	49	4.4628  GBP
10p ordinary	Sale	398,653	4.5644  GBP
10p ordinary	Sale	321,475	4.5077  GBP
10p ordinary	Sale	145,589	4.5677  GBP
10p ordinary	Sale	117,030	4.5673  GBP
10p ordinary	Sale	71,728	4.4592  GBP
10p ordinary	Sale	42,480	4.5589  GBP
10p ordinary	Sale	35,000	4.4586  GBP
10p ordinary	Sale	34,635	4.4503  GBP
10p ordinary	Sale	25,856	4.4328  GBP
10p ordinary	Sale	24,629	4.5239  GBP
10p ordinary	Sale	23,883	4.4521  GBP
10p ordinary	Sale	18,636	4.5552  GBP
10p ordinary	Sale	17,438	4.4810  GBP
10p ordinary	Sale	16,914	4.4359  GBP
10p ordinary	Sale	15,909	4.4951  GBP
10p ordinary	Sale	13,093	4.5388  GBP
10p ordinary	Sale	11,750	4.4961  GBP
10p ordinary	Sale	11,230	4.4551  GBP
10p ordinary	Sale	10,446	4.4880  GBP
10p ordinary	Sale	8,340	4.5362  GBP
10p ordinary	Sale	7,569	4.4380  GBP
10p ordinary	Sale	7,087	4.4580  GBP
10p ordinary	Sale	6,972	4.4348  GBP
10p ordinary	Sale	5,977	4.4871  GBP
10p ordinary	Sale	5,444	4.4340  GBP
10p ordinary	Sale	5,301	4.4327  GBP
10p ordinary	Sale	4,379	4.4500  GBP
10p ordinary	Sale	3,412	4.4560  GBP
10p ordinary	Sale	3,340	4.4498  GBP
10p ordinary	Sale	3,270	4.5049  GBP
10p ordinary	Sale	3,070	4.4406  GBP
10p ordinary	Sale	2,563	4.5670  GBP
10p ordinary	Sale	2,006	4.4506  GBP
10p ordinary	Sale	2,000	4.4631  GBP
10p ordinary	Sale	1,801	4.5314  GBP
10p ordinary	Sale	1,683	4.5217  GBP
10p ordinary	Sale	1,678	4.4347  GBP
10p ordinary	Sale	1,646	4.5582  GBP
10p ordinary	Sale	1,631	4.4965  GBP
10p ordinary	Sale	1,122	4.4813  GBP
10p ordinary	Sale	1,116	4.5425  GBP
10p ordinary	Sale	1,076	4.5024  GBP
10p ordinary	Sale	934	4.5600  GBP
10p ordinary	Sale	827	4.5680  GBP
10p ordinary	Sale	770	4.5440  GBP
10p ordinary	Sale	769	4.5256  GBP
10p ordinary	Sale	748	4.5160  GBP
10p ordinary	Sale	696	4.5560  GBP
10p ordinary	Sale	618	4.4360  GBP
10p ordinary	Sale	617	4.5400  GBP
10p ordinary	Sale	528	4.4320  GBP
10p ordinary	Sale	495	4.5580  GBP
10p ordinary	Sale	448	4.4610  GBP
10p ordinary	Sale	305	4.5000  GBP
10p ordinary	Sale	54	4.4877  GBP
10p ordinary	Sale	20	4.5304  GBP
10p ordinary	Sale	1	4.5584  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	2,550	4.5222  GBP
10p ordinary	CFD	Decreasing Short	868	4.5433  GBP
10p ordinary	CFD	Decreasing Short	1,150	4.5680  GBP
10p ordinary	CFD	Increasing Short	10,750	4.4562  GBP
10p ordinary	CFD	Increasing Short	49	4.4628  GBP
10p ordinary	CFD	Increasing Short	117,030	4.5673  GBP
10p ordinary	CFD	Increasing Short	1,150	4.5680  GBP
10p ordinary	SWAP	Increasing Long	2,563	4.5670  GBP
10p ordinary	SWAP	Decreasing Short	13,093	4.5389  GBP
10p ordinary	SWAP	Decreasing Short	7,899	4.5392  GBP
10p ordinary	SWAP	Decreasing Short	122,099	4.5680  GBP
10p ordinary	SWAP	Increasing Short	2,505	4.4523  GBP
10p ordinary	SWAP	Increasing Short	49,497	4.4629  GBP
10p ordinary	SWAP	Increasing Short	5,281	4.4770  GBP
10p ordinary	SWAP	Increasing Short	76,775	4.5669  GBP
10p ordinary	SWAP	Opening Long	24,629	4.5239  GBP
10p ordinary	SWAP	Decreasing Long	4,467	4.4645  GBP
10p ordinary	SWAP	Decreasing Short	1,001	4.5600  GBP
10p ordinary	SWAP	Decreasing Short	68,963	4.5680  GBP
10p ordinary	SWAP	Increasing Short	2,590	4.4611  GBP
10p ordinary	SWAP	Increasing Short	35,115	4.5335  GBP
10p ordinary	SWAP	Increasing Short	27,234	4.4500  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:				15 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END