Form 8.3 - DS SMITH PLC

Barclays PLC

16 December 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:				13 Dec 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:			33,733,178	2.44%	20,317,971	1.47%
(2)	Cash-settled derivatives:
	and/or controlled:			12,404,306	0.90%	32,688,474	2.37%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,137,484	3.34%	53,006,445	3.84%
(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		220,720		5.4686  GBP
10p ordinary		Purchase		107,266		5.4700  GBP
10p ordinary		Purchase		27,445		5.4512  GBP
10p ordinary		Purchase		23,010		5.4677  GBP
10p ordinary		Purchase		16,466		5.4549  GBP
10p ordinary		Purchase		14,076		5.4398  GBP
10p ordinary		Purchase		10,758		5.4461  GBP
10p ordinary		Purchase		6,409		5.4450  GBP
10p ordinary		Purchase		5,149		5.4154  GBP
10p ordinary		Purchase		3,820		5.4623  GBP
10p ordinary		Purchase		3,729		5.4552  GBP
10p ordinary		Purchase		2,571		5.4646  GBP
10p ordinary		Purchase		2,522		5.4747  GBP
10p ordinary		Purchase		2,036		5.4618  GBP
10p ordinary		Purchase		2,009		5.4155  GBP
10p ordinary		Purchase		1,997		5.4175  GBP
10p ordinary		Purchase		1,731		5.4352  GBP
10p ordinary		Purchase		1,708		5.4169  GBP
10p ordinary		Purchase		1,624		5.4136  GBP
10p ordinary		Purchase		1,591		5.4825  GBP
10p ordinary		Purchase		1,106		5.4237  GBP
10p ordinary		Purchase		832		5.4669  GBP
10p ordinary		Purchase		666		5.4200  GBP
10p ordinary		Purchase		532		5.4466  GBP
10p ordinary		Purchase		297		5.4050  GBP
10p ordinary		Purchase		223		5.4100  GBP
10p ordinary		Sale		618,138		5.4700  GBP
10p ordinary		Sale		239,043		5.4692  GBP
10p ordinary		Sale		63,514		5.4292  GBP
10p ordinary		Sale		59,709		5.4527  GBP
10p ordinary		Sale		58,502		5.4495  GBP
10p ordinary		Sale		48,900		5.4653  GBP
10p ordinary		Sale		42,997		5.4560  GBP
10p ordinary		Sale		42,628		5.4523  GBP
10p ordinary		Sale		37,270		5.4567  GBP
10p ordinary		Sale		23,010		5.4677  GBP
10p ordinary		Sale		21,233		5.4481  GBP
10p ordinary		Sale		15,675		5.4572  GBP
10p ordinary		Sale		15,061		5.4099  GBP
10p ordinary		Sale		14,224		5.4592  GBP
10p ordinary		Sale		12,053		5.4448  GBP
10p ordinary		Sale		5,720		5.4209  GBP
10p ordinary		Sale		5,161		5.4258  GBP
10p ordinary		Sale		4,295		5.4295  GBP
10p ordinary		Sale		2,729		5.4179  GBP
10p ordinary		Sale		1,304		5.4392  GBP
10p ordinary		Sale		1,284		5.4850  GBP
10p ordinary		Sale		1,143		5.4077  GBP
10p ordinary		Sale		572		5.4450  GBP
10p ordinary		Sale		174		5.4875  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		Increasing Short		76,403	5.4538  GBP
10p ordinary		SWAP		Decreasing Short		15,061	5.4099  GBP
10p ordinary		SWAP		Decreasing Short		160	5.4150  GBP
10p ordinary		SWAP		Decreasing Short		2,729	5.4179  GBP
10p ordinary		SWAP		Decreasing Short		63,514	5.4292  GBP
10p ordinary		SWAP		Decreasing Short		1,854	5.4351  GBP
10p ordinary		SWAP		Decreasing Short		21,015	5.4456  GBP
10p ordinary		SWAP		Decreasing Short		21,233	5.4481  GBP
10p ordinary		SWAP		Decreasing Short		53,907	5.4492  GBP
10p ordinary		SWAP		Decreasing Short		25,720	5.4540  GBP
10p ordinary		SWAP		Decreasing Short		15,675	5.4571  GBP
10p ordinary		SWAP		Decreasing Short		275,593	5.4588  GBP
10p ordinary		SWAP		Decreasing Short		48,900	5.4653  GBP
10p ordinary		SWAP		Decreasing Short		133,791	5.4697  GBP
10p ordinary		SWAP		Decreasing Short		562,945	5.4700  GBP
10p ordinary		SWAP		Increasing Short		88	5.4100  GBP
10p ordinary		SWAP		Increasing Short		3,068	5.4169  GBP
10p ordinary		SWAP		Increasing Short		1,997	5.4175  GBP
10p ordinary		SWAP		Increasing Short		14,076	5.4398  GBP
10p ordinary		SWAP		Increasing Short		5,013	5.4450  GBP
10p ordinary		SWAP		Increasing Short		57,090	5.4685  GBP
10p ordinary		SWAP		Increasing Short		232,273	5.4700  GBP
10p ordinary		CFD		Decreasing Short		4,435	5.4543  GBP
10p ordinary		CFD		Decreasing Short		805	5.4700  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:				16 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END