Form 8.3 - DS SMITH PLC

Barclays PLC

16 October 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:			15 Oct 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:				26,660,251	1.93%	25,352,326	1.84%
(2) Cash-settled derivatives:				11,560,818	0.84%	25,857,262	1.87%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				38,221,069	2.77%	51,209,588	3.71%
(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	208,646	4.6618  GBP
10p ordinary	Purchase	192,504	4.6626  GBP
10p ordinary	Purchase	163,935	4.6588  GBP
10p ordinary	Purchase	106,732	4.6646  GBP
10p ordinary	Purchase	63,763	4.6619  GBP
10p ordinary	Purchase	53,791	4.6600  GBP
10p ordinary	Purchase	46,473	4.6734  GBP
10p ordinary	Purchase	45,435	4.6650  GBP
10p ordinary	Purchase	34,400	4.6651  GBP
10p ordinary	Purchase	30,724	4.6642  GBP
10p ordinary	Purchase	23,174	4.6604  GBP
10p ordinary	Purchase	19,069	4.6802  GBP
10p ordinary	Purchase	18,191	4.6595  GBP
10p ordinary	Purchase	9,215	4.6779  GBP
10p ordinary	Purchase	8,018	4.6442  GBP
10p ordinary	Purchase	7,003	4.6718  GBP
10p ordinary	Purchase	6,456	4.6843  GBP
10p ordinary	Purchase	5,204	4.6653  GBP
10p ordinary	Purchase	4,494	4.6394  GBP
10p ordinary	Purchase	4,269	4.6794  GBP
10p ordinary	Purchase	2,456	4.6900  GBP
10p ordinary	Purchase	2,139	4.6599  GBP
10p ordinary	Purchase	2,014	4.6864  GBP
10p ordinary	Purchase	1,841	4.6471  GBP
10p ordinary	Purchase	1,693	4.6814  GBP
10p ordinary	Purchase	1,236	4.6440  GBP
10p ordinary	Purchase	1,069	4.6660  GBP
10p ordinary	Purchase	1,055	4.6522  GBP
10p ordinary	Purchase	965	4.6918  GBP
10p ordinary	Purchase	816	4.6890  GBP
10p ordinary	Purchase	763	4.6617  GBP
10p ordinary	Purchase	657	4.6880  GBP
10p ordinary	Purchase	591	4.6480  GBP
10p ordinary	Purchase	387	4.6672  GBP
10p ordinary	Purchase	349	4.6607  GBP
10p ordinary	Purchase	313	4.6500  GBP
10p ordinary	Purchase	107	4.6747  GBP
10p ordinary	Purchase	27	4.6597  GBP
10p ordinary	Purchase	13	4.6640  GBP
10p ordinary	Purchase	2	4.6615  GBP
10p ordinary	Sale	1,624,539	4.7000  GBP
10p ordinary	Sale	330,335	4.6601  GBP
10p ordinary	Sale	167,137	4.6627  GBP
10p ordinary	Sale	160,739	4.6664  GBP
10p ordinary	Sale	148,664	4.6685  GBP
10p ordinary	Sale	140,373	4.6593  GBP
10p ordinary	Sale	106,732	4.6646  GBP
10p ordinary	Sale	58,938	4.6778  GBP
10p ordinary	Sale	51,085	4.6629  GBP
10p ordinary	Sale	41,503	4.6652  GBP
10p ordinary	Sale	37,395	4.6594  GBP
10p ordinary	Sale	36,156	4.6600  GBP
10p ordinary	Sale	34,486	4.6651  GBP
10p ordinary	Sale	31,451	4.6596  GBP
10p ordinary	Sale	30,854	4.6680  GBP
10p ordinary	Sale	29,955	4.6641  GBP
10p ordinary	Sale	25,369	4.6620  GBP
10p ordinary	Sale	16,131	4.6590  GBP
10p ordinary	Sale	14,457	4.6611  GBP
10p ordinary	Sale	11,659	4.6681  GBP
10p ordinary	Sale	10,004	4.6644  GBP
10p ordinary	Sale	9,991	4.6580  GBP
10p ordinary	Sale	9,359	4.6671  GBP
10p ordinary	Sale	8,018	4.6442  GBP
10p ordinary	Sale	7,197	4.6551  GBP
10p ordinary	Sale	7,155	4.6589  GBP
10p ordinary	Sale	6,296	4.6632  GBP
10p ordinary	Sale	5,650	4.6686  GBP
10p ordinary	Sale	5,584	4.6619  GBP
10p ordinary	Sale	4,275	4.6637  GBP
10p ordinary	Sale	4,098	4.6639  GBP
10p ordinary	Sale	3,172	4.6690  GBP
10p ordinary	Sale	3,163	4.6712  GBP
10p ordinary	Sale	1,841	4.6471  GBP
10p ordinary	Sale	1,456	4.6630  GBP
10p ordinary	Sale	1,236	4.6440  GBP
10p ordinary	Sale	990	4.6420  GBP
10p ordinary	Sale	937	4.6610  GBP
10p ordinary	Sale	906	4.6634  GBP
10p ordinary	Sale	777	4.6740  GBP
10p ordinary	Sale	769	4.6660  GBP
10p ordinary	Sale	594	4.6460  GBP
10p ordinary	Sale	591	4.6480  GBP
10p ordinary	Sale	395	4.6650  GBP
10p ordinary	Sale	376	4.6880  GBP
10p ordinary	Sale	27	4.6602  GBP
10p ordinary	Sale	13	4.6640  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	9,991	4.6580  GBP
10p ordinary	SWAP	Decreasing Short	16,131	4.6590  GBP
10p ordinary	SWAP	Decreasing Short	37,395	4.6594  GBP
10p ordinary	SWAP	Decreasing Short	221,201	4.6609  GBP
10p ordinary	SWAP	Decreasing Short	124,333	4.6610  GBP
10p ordinary	SWAP	Decreasing Short	22,929	4.6622  GBP
10p ordinary	SWAP	Decreasing Short	25,702	4.6634  GBP
10p ordinary	SWAP	Decreasing Short	160,718	4.6664  GBP
10p ordinary	SWAP	Decreasing Short	50,653	4.6674  GBP
10p ordinary	SWAP	Decreasing Short	94,376	4.6707  GBP
10p ordinary	SWAP	Decreasing Short	3,163	4.6712  GBP
10p ordinary	SWAP	Decreasing Short	1,624,539	4.7000  GBP
10p ordinary	SWAP	Decreasing Short	27	4.7500  GBP
10p ordinary	SWAP	Increasing Short	101,558	4.6600  GBP
10p ordinary	SWAP	Increasing Short	763	4.6617  GBP
10p ordinary	SWAP	Increasing Short	96,168	4.6630  GBP
10p ordinary	SWAP	Increasing Short	43,413	4.6637  GBP
10p ordinary	SWAP	Increasing Short	5,204	4.6653  GBP
10p ordinary	SWAP	Increasing Short	1,048	4.6660  GBP
10p ordinary	SWAP	Increasing Short	46,473	4.6734  GBP
10p ordinary	SWAP	Increasing Short	1,779	4.6758  GBP
10p ordinary	SWAP	Increasing Short	6,456	4.6843  GBP
10p ordinary	CFD	Decreasing Short	3,558	4.6600  GBP
10p ordinary	CFD	Decreasing Short	34,400	4.6651  GBP
10p ordinary	CFD	Decreasing Short	4,012	4.6901  GBP
10p ordinary	CFD	Increasing Short	3,558	4.6600  GBP
10p ordinary	CFD	Increasing Short	107	4.6747  GBP
10p ordinary	CFD	Increasing Short	735	4.6802  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:				16 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END