Form 8.3 - DS SMITH PLC

Barclays PLC

23 September 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:				20 Sep 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:			34,945,254	2.53%	26,708,073	1.93%
(2)	Cash-settled derivatives:
	and/or controlled:			11,241,660	0.81%	33,714,594	2.44%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,186,914	3.35%	60,422,667	4.38%
(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		2,005,768		4.7840  GBP
10p ordinary		Purchase		1,773,903		4.7062  GBP
10p ordinary		Purchase		460,373		4.6840  GBP
10p ordinary		Purchase		355,587		4.7012  GBP
10p ordinary		Purchase		327,454		4.7190  GBP
10p ordinary		Purchase		165,950		4.8060  GBP
10p ordinary		Purchase		118,744		4.7967  GBP
10p ordinary		Purchase		107,641		4.7211  GBP
10p ordinary		Purchase		82,134		4.7293  GBP
10p ordinary		Purchase		60,521		4.7304  GBP
10p ordinary		Purchase		39,673		4.7216  GBP
10p ordinary		Purchase		39,214		4.7782  GBP
10p ordinary		Purchase		25,824		4.6835  GBP
10p ordinary		Purchase		23,572		4.7903  GBP
10p ordinary		Purchase		23,375		4.6879  GBP
10p ordinary		Purchase		15,621		4.7305  GBP
10p ordinary		Purchase		14,003		4.7965  GBP
10p ordinary		Purchase		12,311		4.6898  GBP
10p ordinary		Purchase		12,264		4.7375  GBP
10p ordinary		Purchase		12,111		4.8053  GBP
10p ordinary		Purchase		10,657		4.7199  GBP
10p ordinary		Purchase		8,835		4.7639  GBP
10p ordinary		Purchase		8,733		4.7526  GBP
10p ordinary		Purchase		7,218		4.7473  GBP
10p ordinary		Purchase		6,006		4.6849  GBP
10p ordinary		Purchase		5,556		4.7010  GBP
10p ordinary		Purchase		4,326		4.7764  GBP
10p ordinary		Purchase		3,353		4.6882  GBP
10p ordinary		Purchase		2,997		4.6974  GBP
10p ordinary		Purchase		2,560		4.7200  GBP
10p ordinary		Purchase		2,137		4.8105  GBP
10p ordinary		Purchase		1,954		4.7365  GBP
10p ordinary		Purchase		1,660		4.7378  GBP
10p ordinary		Purchase		1,311		4.6873  GBP
10p ordinary		Purchase		723		4.8200  GBP
10p ordinary		Purchase		702		4.7040  GBP
10p ordinary		Purchase		75		4.6990  GBP
10p ordinary		Purchase		57		4.7800  GBP
10p ordinary		Purchase		32		4.6900  GBP
10p ordinary		Purchase		11		4.7100  GBP
10p ordinary		Sale		856,288		4.6840  GBP
10p ordinary		Sale		355,587		4.7012  GBP
10p ordinary		Sale		173,890		4.7621  GBP
10p ordinary		Sale		96,215		4.7968  GBP
10p ordinary		Sale		85,357		4.7275  GBP
10p ordinary		Sale		26,613		4.7891  GBP
10p ordinary		Sale		23,572		4.7907  GBP
10p ordinary		Sale		19,618		4.7683  GBP
10p ordinary		Sale		16,688		4.7951  GBP
10p ordinary		Sale		14,972		4.8124  GBP
10p ordinary		Sale		12,544		4.7452  GBP
10p ordinary		Sale		12,311		4.6898  GBP
10p ordinary		Sale		12,111		4.8058  GBP
10p ordinary		Sale		9,982		4.7915  GBP
10p ordinary		Sale		8,835		4.7644  GBP
10p ordinary		Sale		8,209		4.7944  GBP
10p ordinary		Sale		6,916		4.7887  GBP
10p ordinary		Sale		4,894		4.7818  GBP
10p ordinary		Sale		3,703		4.8209  GBP
10p ordinary		Sale		2,997		4.6979  GBP
10p ordinary		Sale		2,089		4.7892  GBP
10p ordinary		Sale		2,000		4.7871  GBP
10p ordinary		Sale		1,683		4.7198  GBP
10p ordinary		Sale		1,452		4.7732  GBP
10p ordinary		Sale		1,280		4.7204  GBP
10p ordinary		Sale		1,280		4.7200  GBP
10p ordinary		Sale		1,040		4.8010  GBP
10p ordinary		Sale		1,020		4.8046  GBP
10p ordinary		Sale		723		4.8200  GBP
10p ordinary		Sale		699		4.7080  GBP
10p ordinary		Sale		515		4.8140  GBP
10p ordinary		Sale		181		4.8060  GBP
10p ordinary		Sale		20		4.7050  GBP
10p ordinary		Sale		11		4.7100  GBP
10p ordinary		Sale		10		4.7020  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		SWAP		Decreasing Short		12,838	4.6837  GBP
10p ordinary		SWAP		Decreasing Short		45,529	4.6856  GBP
10p ordinary		SWAP		Decreasing Short		6,818	4.7870  GBP
10p ordinary		SWAP		Decreasing Short		6,019	4.7874  GBP
10p ordinary		SWAP		Decreasing Short		1,040	4.8010  GBP
10p ordinary		SWAP		Decreasing Short		1,020	4.8046  GBP
10p ordinary		SWAP		Decreasing Short		461	4.8060  GBP
10p ordinary		SWAP		Decreasing Short		14,972	4.8124  GBP
10p ordinary		SWAP		Increasing Short		493,549	4.6840  GBP
10p ordinary		SWAP		Increasing Short		3,844	4.7014  GBP
10p ordinary		SWAP		Increasing Short		702	4.7040  GBP
10p ordinary		SWAP		Increasing Short		9,545	4.7045  GBP
10p ordinary		SWAP		Increasing Short		59,287	4.7157  GBP
10p ordinary		SWAP		Increasing Short		39,673	4.7216  GBP
10p ordinary		SWAP		Increasing Short		63,617	4.7263  GBP
10p ordinary		SWAP		Increasing Short		431,022	4.7583  GBP
10p ordinary		SWAP		Increasing Short		4,326	4.7764  GBP
10p ordinary		CFD		Decreasing Short		2,450	4.7922  GBP
10p ordinary		CFD		Increasing Short		12,311	4.6898  GBP
10p ordinary		CFD		Increasing Short		355,587	4.7012  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:				23 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END