Form 8.3 - DS SMITH PLC

Barclays PLC

22 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:			21 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 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:				29,801,961	2.15%	23,174,178	1.67%
(2) Cash-settled derivatives:				12,027,575	0.87%	28,779,963	2.08%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				41,829,536	3.02%	51,954,141	3.75%
(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	333,106	5.8198  GBP
10p ordinary	Purchase	270,000	5.7804  GBP
10p ordinary	Purchase	269,286	5.8249  GBP
10p ordinary	Purchase	250,000	5.6928  GBP
10p ordinary	Purchase	94,100	5.8158  GBP
10p ordinary	Purchase	83,501	5.7914  GBP
10p ordinary	Purchase	83,219	5.8393  GBP
10p ordinary	Purchase	81,448	5.8141  GBP
10p ordinary	Purchase	60,062	5.8270  GBP
10p ordinary	Purchase	55,924	5.8300  GBP
10p ordinary	Purchase	50,800	5.8131  GBP
10p ordinary	Purchase	40,617	5.8307  GBP
10p ordinary	Purchase	36,750	5.8022  GBP
10p ordinary	Purchase	34,080	5.8311  GBP
10p ordinary	Purchase	33,804	5.8193  GBP
10p ordinary	Purchase	27,834	5.7847  GBP
10p ordinary	Purchase	27,834	5.8054  GBP
10p ordinary	Purchase	23,990	5.8272  GBP
10p ordinary	Purchase	18,966	5.8202  GBP
10p ordinary	Purchase	14,191	5.8115  GBP
10p ordinary	Purchase	11,749	5.8146  GBP
10p ordinary	Purchase	11,604	5.7925  GBP
10p ordinary	Purchase	7,109	5.8100  GBP
10p ordinary	Purchase	5,741	5.8197  GBP
10p ordinary	Purchase	5,547	5.8079  GBP
10p ordinary	Purchase	5,078	5.7984  GBP
10p ordinary	Purchase	4,228	5.7940  GBP
10p ordinary	Purchase	2,881	5.7965  GBP
10p ordinary	Purchase	2,172	5.7900  GBP
10p ordinary	Purchase	2,100	5.7770  GBP
10p ordinary	Purchase	1,889	5.7893  GBP
10p ordinary	Purchase	1,597	5.7850  GBP
10p ordinary	Purchase	1,579	5.8051  GBP
10p ordinary	Purchase	857	5.7788  GBP
10p ordinary	Purchase	602	5.8466  GBP
10p ordinary	Purchase	240	5.7700  GBP
10p ordinary	Sale	123,735	5.8038  GBP
10p ordinary	Sale	122,307	5.8176  GBP
10p ordinary	Sale	73,652	5.8132  GBP
10p ordinary	Sale	70,584	5.8116  GBP
10p ordinary	Sale	60,062	5.8269  GBP
10p ordinary	Sale	59,127	5.7879  GBP
10p ordinary	Sale	40,343	5.8300  GBP
10p ordinary	Sale	18,523	5.7988  GBP
10p ordinary	Sale	14,585	5.7860  GBP
10p ordinary	Sale	11,145	5.8267  GBP
10p ordinary	Sale	10,343	5.8161  GBP
10p ordinary	Sale	9,001	5.7895  GBP
10p ordinary	Sale	8,933	5.8180  GBP
10p ordinary	Sale	7,867	5.8537  GBP
10p ordinary	Sale	5,476	5.8080  GBP
10p ordinary	Sale	3,703	5.7985  GBP
10p ordinary	Sale	3,259	5.8215  GBP
10p ordinary	Sale	2,578	5.8139  GBP
10p ordinary	Sale	2,354	5.7922  GBP
10p ordinary	Sale	1,638	5.7900  GBP
10p ordinary	Sale	1,251	5.8021  GBP
10p ordinary	Sale	1,237	5.7950  GBP
10p ordinary	Sale	1,236	5.7907  GBP
10p ordinary	Sale	977	5.8006  GBP
10p ordinary	Sale	737	5.8074  GBP
10p ordinary	Sale	686	5.8250  GBP
10p ordinary	Sale	633	5.7873  GBP
10p ordinary	Sale	485	5.8100  GBP
10p ordinary	Sale	7	5.8550  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	524	5.7850  GBP
10p ordinary	SWAP	Decreasing Short	21,397	5.7879  GBP
10p ordinary	SWAP	Decreasing Short	2,354	5.7922  GBP
10p ordinary	SWAP	Decreasing Short	29,925	5.8019  GBP
10p ordinary	SWAP	Decreasing Short	123,735	5.8038  GBP
10p ordinary	SWAP	Decreasing Short	70,584	5.8116  GBP
10p ordinary	SWAP	Decreasing Short	53,963	5.8201  GBP
10p ordinary	SWAP	Decreasing Short	99	5.8300  GBP
10p ordinary	SWAP	Decreasing Short	7,867	5.8537  GBP
10p ordinary	SWAP	Increasing Short	40,577	5.6868  GBP
10p ordinary	SWAP	Increasing Short	250,000	5.6928  GBP
10p ordinary	SWAP	Increasing Short	240	5.7700  GBP
10p ordinary	SWAP	Increasing Short	857	5.7788  GBP
10p ordinary	SWAP	Increasing Short	270,000	5.7804  USD
10p ordinary	SWAP	Increasing Short	5,078	5.7984  GBP
10p ordinary	SWAP	Increasing Short	36,750	5.8022  USD
10p ordinary	SWAP	Increasing Short	27,834	5.8054  GBP
10p ordinary	SWAP	Increasing Short	50,800	5.8131  GBP
10p ordinary	SWAP	Increasing Short	280,726	5.8190  GBP
10p ordinary	SWAP	Increasing Short	127,114	5.8222  GBP
10p ordinary	SWAP	Increasing Short	70,499	5.8271  GBP
10p ordinary	SWAP	Increasing Short	23,990	5.8272  GBP
10p ordinary	SWAP	Increasing Short	39,802	5.8289  GBP
10p ordinary	SWAP	Increasing Short	45,101	5.8300  GBP
10p ordinary	SWAP	Increasing Short	40,617	5.8307  GBP
10p ordinary	SWAP	Increasing Short	34,080	5.8311  GBP
10p ordinary	SWAP	Increasing Short	83,219	5.8393  USD
10p ordinary	SWAP	Increasing Short	602	5.8466  GBP
10p ordinary	CFD	Decreasing Short	7,096	5.7816  GBP
10p ordinary	CFD	Decreasing Short	30,000	5.8147  GBP
10p ordinary	CFD	Decreasing Short	268	5.8300  GBP
10p ordinary	CFD	Increasing Short	82,911	5.7974  GBP
10p ordinary	CFD	Increasing Short	60,062	5.8269  GBP
10p ordinary	CFD	Increasing Short	111,603	5.8300  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:				22 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END