Form 8.3 -DS SMITH PLC

Barclays PLC

24 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  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:			23 Sep 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:				33,288,729	2.41%	26,914,202	1.95%
(2) Cash-settled derivatives:				11,188,956	0.81%	31,855,352	2.31%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,477,685	3.22%	58,769,554	4.26%
(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	252,168	4.6041  GBP
10p ordinary	Purchase	211,980	4.5812  GBP
10p ordinary	Purchase	180,243	4.5697  GBP
10p ordinary	Purchase	116,559	4.5942  GBP
10p ordinary	Purchase	89,433	4.5742  GBP
10p ordinary	Purchase	71,927	4.5700  GBP
10p ordinary	Purchase	58,302	4.5715  GBP
10p ordinary	Purchase	49,662	4.5798  GBP
10p ordinary	Purchase	46,532	4.5976  GBP
10p ordinary	Purchase	32,906	4.6029  GBP
10p ordinary	Purchase	17,733	4.6501  GBP
10p ordinary	Purchase	14,815	4.6096  GBP
10p ordinary	Purchase	13,195	4.6116  GBP
10p ordinary	Purchase	7,858	4.6002  GBP
10p ordinary	Purchase	7,332	4.6004  GBP
10p ordinary	Purchase	6,824	4.6087  GBP
10p ordinary	Purchase	5,655	4.5894  GBP
10p ordinary	Purchase	4,664	4.5970  GBP
10p ordinary	Purchase	4,634	4.6040  GBP
10p ordinary	Purchase	2,638	4.5820  GBP
10p ordinary	Purchase	2,566	4.6074  GBP
10p ordinary	Purchase	2,359	4.6020  GBP
10p ordinary	Purchase	2,335	4.6242  GBP
10p ordinary	Purchase	1,893	4.6055  GBP
10p ordinary	Purchase	989	4.6060  GBP
10p ordinary	Purchase	808	4.6240  GBP
10p ordinary	Purchase	731	4.6340  GBP
10p ordinary	Purchase	665	4.6365  GBP
10p ordinary	Purchase	568	4.5690  GBP
10p ordinary	Purchase	438	4.6155  GBP
10p ordinary	Purchase	227	4.6000  GBP
10p ordinary	Purchase	52	4.5800  GBP
10p ordinary	Sale	2,405,100	4.6840  GBP
10p ordinary	Sale	277,623	4.5724  GBP
10p ordinary	Sale	177,117	4.5700  GBP
10p ordinary	Sale	91,704	4.5880  GBP
10p ordinary	Sale	68,468	4.5853  GBP
10p ordinary	Sale	15,931	4.6050  GBP
10p ordinary	Sale	15,534	4.5982  GBP
10p ordinary	Sale	14,855	4.6501  GBP
10p ordinary	Sale	13,712	4.6015  GBP
10p ordinary	Sale	13,586	4.6339  GBP
10p ordinary	Sale	11,036	4.5894  GBP
10p ordinary	Sale	7,446	4.5936  GBP
10p ordinary	Sale	6,188	4.5690  GBP
10p ordinary	Sale	5,518	4.5897  GBP
10p ordinary	Sale	5,341	4.5962  GBP
10p ordinary	Sale	4,884	4.5748  GBP
10p ordinary	Sale	4,664	4.5976  GBP
10p ordinary	Sale	3,431	4.6287  GBP
10p ordinary	Sale	2,878	4.6500  GBP
10p ordinary	Sale	2,383	4.6024  GBP
10p ordinary	Sale	2,359	4.6020  GBP
10p ordinary	Sale	2,225	4.6060  GBP
10p ordinary	Sale	1,815	4.6068  GBP
10p ordinary	Sale	1,456	4.6000  GBP
10p ordinary	Sale	1,455	4.6035  GBP
10p ordinary	Sale	1,094	4.5680  GBP
10p ordinary	Sale	808	4.6245  GBP
10p ordinary	Sale	731	4.6345  GBP
10p ordinary	Sale	505	4.6300  GBP
10p ordinary	Sale	438	4.6160  GBP
10p ordinary	Sale	174	4.6410  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Decreasing Short	5,006	4.5690  GBP
10p ordinary	SWAP	Decreasing Short	6,915	4.5807  GBP
10p ordinary	SWAP	Decreasing Short	17,289	4.5867  GBP
10p ordinary	SWAP	Decreasing Short	43,650	4.5898  GBP
10p ordinary	SWAP	Decreasing Short	5,341	4.5962  GBP
10p ordinary	SWAP	Decreasing Short	15,534	4.5982  GBP
10p ordinary	SWAP	Decreasing Short	3,431	4.6287  GBP
10p ordinary	SWAP	Decreasing Short	174	4.6410  GBP
10p ordinary	SWAP	Decreasing Short	2,405,100	4.6840  GBP
10p ordinary	SWAP	Increasing Short	33,015	4.5700  GBP
10p ordinary	SWAP	Increasing Short	23,264	4.5711  GBP
10p ordinary	SWAP	Increasing Short	58,302	4.5715  GBP
10p ordinary	SWAP	Increasing Short	116,559	4.5942  GBP
10p ordinary	SWAP	Increasing Short	26,953	4.5990  GBP
10p ordinary	SWAP	Increasing Short	7,858	4.6002  GBP
10p ordinary	SWAP	Increasing Short	43,288	4.6013  GBP
10p ordinary	SWAP	Increasing Short	404	4.6040  GBP
10p ordinary	SWAP	Increasing Short	252,168	4.6041  GBP
10p ordinary	SWAP	Increasing Short	2,335	4.6242  GBP
10p ordinary	CFD	Decreasing Short	17	4.5700  GBP
10p ordinary	CFD	Decreasing Short	787	4.6297  GBP
10p ordinary	CFD	Decreasing Short	90	4.6340  GBP
10p ordinary	CFD	Increasing Short	17	4.5700  GBP
10p ordinary	CFD	Increasing Short	195	4.5702  GBP
10p ordinary	CFD	Increasing Short	90	4.6340  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:				24 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END