Form 8.3 - DS SMITH PLC

Barclays PLC

21 November 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:			20 Nov 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:				28,490,334	2.06%	23,201,149	1.68%
(2) Cash-settled derivatives:				12,054,559	0.87%	27,472,297	1.99%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				40,544,893	2.93%	50,669,446	3.67%
(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	142,426	5.7296  GBP
10p ordinary	Purchase	135,776	5.7068  GBP
10p ordinary	Purchase	128,656	5.7315  GBP
10p ordinary	Purchase	84,963	5.7450  GBP
10p ordinary	Purchase	69,309	5.6955  GBP
10p ordinary	Purchase	66,394	5.6922  GBP
10p ordinary	Purchase	35,222	5.6931  GBP
10p ordinary	Purchase	30,577	5.6915  GBP
10p ordinary	Purchase	28,784	5.6898  GBP
10p ordinary	Purchase	25,542	5.7050  GBP
10p ordinary	Purchase	21,949	5.7099  GBP
10p ordinary	Purchase	9,036	5.6966  GBP
10p ordinary	Purchase	6,362	5.6867  GBP
10p ordinary	Purchase	5,070	5.7032  GBP
10p ordinary	Purchase	4,017	5.6850  GBP
10p ordinary	Purchase	3,981	5.6910  GBP
10p ordinary	Purchase	3,139	5.6900  GBP
10p ordinary	Purchase	3,098	5.6952  GBP
10p ordinary	Purchase	2,995	5.7069  GBP
10p ordinary	Purchase	2,950	5.6825  GBP
10p ordinary	Purchase	2,311	5.6865  GBP
10p ordinary	Purchase	1,557	5.6750  GBP
10p ordinary	Purchase	1,341	5.7160  GBP
10p ordinary	Purchase	1,331	5.6950  GBP
10p ordinary	Purchase	1,250	5.6904  GBP
10p ordinary	Purchase	1,162	5.7200  GBP
10p ordinary	Purchase	1,094	5.7124  GBP
10p ordinary	Purchase	1,093	5.7150  GBP
10p ordinary	Purchase	949	5.6800  GBP
10p ordinary	Purchase	942	5.7000  GBP
10p ordinary	Purchase	927	5.7250  GBP
10p ordinary	Purchase	796	5.7335  GBP
10p ordinary	Purchase	694	5.6925  GBP
10p ordinary	Purchase	644	5.7300  GBP
10p ordinary	Purchase	644	5.7095  GBP
10p ordinary	Purchase	604	5.7100  GBP
10p ordinary	Purchase	481	5.7044  GBP
10p ordinary	Purchase	367	5.6694  GBP
10p ordinary	Purchase	93	5.7244  GBP
10p ordinary	Purchase	37	5.7112  GBP
10p ordinary	Sale	240,686	5.7283  GBP
10p ordinary	Sale	120,256	5.6963  GBP
10p ordinary	Sale	95,963	5.7067  GBP
10p ordinary	Sale	80,912	5.7450  GBP
10p ordinary	Sale	70,294	5.7087  GBP
10p ordinary	Sale	58,586	5.7037  GBP
10p ordinary	Sale	36,663	5.6908  GBP
10p ordinary	Sale	30,973	5.7050  GBP
10p ordinary	Sale	28,244	5.6922  GBP
10p ordinary	Sale	16,683	5.7419  GBP
10p ordinary	Sale	15,333	5.7086  GBP
10p ordinary	Sale	12,537	5.7081  GBP
10p ordinary	Sale	11,815	5.7201  GBP
10p ordinary	Sale	11,722	5.7046  GBP
10p ordinary	Sale	10,735	5.7012  GBP
10p ordinary	Sale	8,784	5.6899  GBP
10p ordinary	Sale	8,494	5.6982  GBP
10p ordinary	Sale	8,364	5.6846  GBP
10p ordinary	Sale	7,815	5.7113  GBP
10p ordinary	Sale	7,682	5.6976  GBP
10p ordinary	Sale	6,047	5.7083  GBP
10p ordinary	Sale	5,900	5.6906  GBP
10p ordinary	Sale	5,431	5.6880  GBP
10p ordinary	Sale	4,976	5.6876  GBP
10p ordinary	Sale	4,832	5.6950  GBP
10p ordinary	Sale	4,720	5.6850  GBP
10p ordinary	Sale	3,802	5.6786  GBP
10p ordinary	Sale	3,757	5.7148  GBP
10p ordinary	Sale	3,731	5.6900  GBP
10p ordinary	Sale	3,706	5.6932  GBP
10p ordinary	Sale	3,698	5.7056  GBP
10p ordinary	Sale	3,317	5.6817  GBP
10p ordinary	Sale	3,031	5.7040  GBP
10p ordinary	Sale	2,718	5.6928  GBP
10p ordinary	Sale	2,332	5.7000  GBP
10p ordinary	Sale	2,158	5.6821  GBP
10p ordinary	Sale	1,937	5.7098  GBP
10p ordinary	Sale	1,850	5.6750  GBP
10p ordinary	Sale	1,506	5.7250  GBP
10p ordinary	Sale	1,458	5.6800  GBP
10p ordinary	Sale	1,234	5.7150  GBP
10p ordinary	Sale	1,162	5.7200  GBP
10p ordinary	Sale	919	5.7405  GBP
10p ordinary	Sale	654	5.7249  GBP
10p ordinary	Sale	644	5.7300  GBP
10p ordinary	Sale	604	5.7100  GBP
10p ordinary	Sale	573	5.6775  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	26,181	5.7056  GBP
10p ordinary	SWAP	Decreasing Short	22,072	5.6889  GBP
10p ordinary	SWAP	Decreasing Short	209	5.6899  GBP
10p ordinary	SWAP	Decreasing Short	28,244	5.6922  GBP
10p ordinary	SWAP	Decreasing Short	18,926	5.6934  GBP
10p ordinary	SWAP	Decreasing Short	120,256	5.6963  GBP
10p ordinary	SWAP	Decreasing Short	95,963	5.7067  GBP
10p ordinary	SWAP	Decreasing Short	110,284	5.7097  GBP
10p ordinary	SWAP	Decreasing Short	1,937	5.7098  GBP
10p ordinary	SWAP	Decreasing Short	53,845	5.7424  GBP
10p ordinary	SWAP	Decreasing Short	26,126	5.7449  GBP
10p ordinary	SWAP	Decreasing Short	53,619	5.7450  GBP
10p ordinary	SWAP	Increasing Short	574	5.6750  GBP
10p ordinary	SWAP	Increasing Short	3,106	5.6858  GBP
10p ordinary	SWAP	Increasing Short	29,455	5.6866  GBP
10p ordinary	SWAP	Increasing Short	1,517	5.6895  GBP
10p ordinary	SWAP	Increasing Short	3,981	5.6910  GBP
10p ordinary	SWAP	Increasing Short	171,999	5.6920  GBP
10p ordinary	SWAP	Increasing Short	63,338	5.6923  GBP
10p ordinary	SWAP	Increasing Short	694	5.6925  GBP
10p ordinary	SWAP	Increasing Short	644	5.7095  GBP
10p ordinary	SWAP	Increasing Short	21,949	5.7099  GBP
10p ordinary	SWAP	Increasing Short	25,317	5.7443  GBP
10p ordinary	SWAP	Increasing Short	96,869	5.7452  GBP
10p ordinary	CFD	Decreasing Short	9,068	5.6914  GBP
10p ordinary	CFD	Decreasing Short	40,000	5.6962  GBP
10p ordinary	CFD	Decreasing Short	839	5.7250  GBP
10p ordinary	CFD	Decreasing Short	337	5.7450  GBP
10p ordinary	CFD	Increasing Short	74,221	5.7450  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:				21 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END