Form 8.3 -DS SMITH PLC

Barclays PLC

21 January 2025

 

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:				20 Jan 2025
(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:			33,508,671	2.43%	29,895,095	2.17%
(2)	Cash-settled derivatives:
	and/or controlled:			12,818,526	0.93%	31,612,286	2.29%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,327,197	3.36%	61,507,381	4.46%
(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		173,677		5.8850  GBP
10p ordinary		Purchase		172,415		5.9016  GBP
10p ordinary		Purchase		44,505		5.9007  GBP
10p ordinary		Purchase		44,056		5.8831  GBP
10p ordinary		Purchase		11,989		5.8801  GBP
10p ordinary		Purchase		8,246		5.8973  GBP
10p ordinary		Purchase		6,104		5.9050  GBP
10p ordinary		Purchase		5,523		5.9059  GBP
10p ordinary		Purchase		4,597		5.8815  GBP
10p ordinary		Purchase		4,359		5.8768  GBP
10p ordinary		Purchase		4,181		5.8907  GBP
10p ordinary		Purchase		3,772		5.8713  GBP
10p ordinary		Purchase		2,795		5.9000  GBP
10p ordinary		Purchase		2,557		5.9090  GBP
10p ordinary		Purchase		2,455		5.9025  GBP
10p ordinary		Purchase		2,246		5.8922  GBP
10p ordinary		Purchase		2,140		5.8615  GBP
10p ordinary		Purchase		1,946		5.8930  GBP
10p ordinary		Purchase		1,522		5.8600  GBP
10p ordinary		Purchase		1,165		5.9100  GBP
10p ordinary		Purchase		1,154		5.9207  GBP
10p ordinary		Purchase		1,085		5.9327  GBP
10p ordinary		Purchase		944		5.9250  GBP
10p ordinary		Purchase		637		5.8550  GBP
10p ordinary		Purchase		472		5.9148  GBP
10p ordinary		Purchase		472		5.8940  GBP
10p ordinary		Purchase		472		5.9150  GBP
10p ordinary		Purchase		362		5.8549  GBP
10p ordinary		Purchase		181		5.8650  GBP
10p ordinary		Sale		584,787		5.9250  GBP
10p ordinary		Sale		96,390		5.8881  GBP
10p ordinary		Sale		76,310		5.9013  GBP
10p ordinary		Sale		70,639		5.8895  GBP
10p ordinary		Sale		62,950		5.9007  GBP
10p ordinary		Sale		59,009		5.8850  GBP
10p ordinary		Sale		20,498		5.9035  GBP
10p ordinary		Sale		16,437		5.8970  GBP
10p ordinary		Sale		16,384		5.9088  GBP
10p ordinary		Sale		10,465		5.8997  GBP
10p ordinary		Sale		10,290		5.8910  GBP
10p ordinary		Sale		9,713		5.8963  GBP
10p ordinary		Sale		9,028		5.8825  GBP
10p ordinary		Sale		7,781		5.8918  GBP
10p ordinary		Sale		7,602		5.9018  GBP
10p ordinary		Sale		7,529		5.8975  GBP
10p ordinary		Sale		7,302		5.9074  GBP
10p ordinary		Sale		7,116		5.9096  GBP
10p ordinary		Sale		5,230		5.9047  GBP
10p ordinary		Sale		4,658		5.9019  GBP
10p ordinary		Sale		3,934		5.8899  GBP
10p ordinary		Sale		3,065		5.8725  GBP
10p ordinary		Sale		1,976		5.9224  GBP
10p ordinary		Sale		1,411		5.8798  GBP
10p ordinary		Sale		1,344		5.9000  GBP
10p ordinary		Sale		1,296		5.8738  GBP
10p ordinary		Sale		1,180		5.9075  GBP
10p ordinary		Sale		1,119		5.9050  GBP
10p ordinary		Sale		999		5.8550  GBP
10p ordinary		Sale		716		5.9200  GBP
10p ordinary		Sale		587		5.9245  GBP
10p ordinary		Sale		537		5.9100  GBP
10p ordinary		Sale		472		5.9150  GBP
10p ordinary		Sale		11		5.8884  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		32,975	5.8914  GBP
10p ordinary		SWAP		Decreasing Short		3,065	5.8725  GBP
10p ordinary		SWAP		Decreasing Short		6,477	5.8776  GBP
10p ordinary		SWAP		Decreasing Short		35,043	5.8839  GBP
10p ordinary		SWAP		Decreasing Short		224	5.8850  GBP
10p ordinary		SWAP		Decreasing Short		3,934	5.8899  GBP
10p ordinary		SWAP		Decreasing Short		10,290	5.8910  GBP
10p ordinary		SWAP		Decreasing Short		7,781	5.8918  GBP
10p ordinary		SWAP		Decreasing Short		3,281	5.9019  GBP
10p ordinary		SWAP		Decreasing Short		16,384	5.9088  GBP
10p ordinary		SWAP		Increasing Short		181	5.8650  GBP
10p ordinary		SWAP		Increasing Short		3,772	5.8713  GBP
10p ordinary		SWAP		Increasing Short		11,989	5.8801  GBP
10p ordinary		SWAP		Increasing Short		60,264	5.8850  GBP
10p ordinary		SWAP		Increasing Short		472	5.8939  GBP
10p ordinary		CFD		Decreasing Short		57,060	5.8850  GBP
10p ordinary		CFD		Decreasing Short		7	5.8857  GBP
10p ordinary		CFD		Increasing Short		2,569	5.8850  GBP
10p ordinary		CFD		Increasing Short		1,047	5.8853  GBP
10p ordinary		CFD		Increasing Short		7	5.8857  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:				21 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END