Form 8.3 - DS SMITH PLC

Barclays PLC

29 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:				28 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:			33,093,476	2.40%	13,244,173	0.96%
(2)	Cash-settled derivatives:
	and/or controlled:			13,059,134	0.95%	30,728,172	2.23%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,152,610	3.34%	43,972,345	3.19%
(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		351,650		6.0225  GBP
10p ordinary		Purchase		163,057		6.0490  GBP
10p ordinary		Purchase		147,342		6.0137  GBP
10p ordinary		Purchase		125,973		6.0392  GBP
10p ordinary		Purchase		111,509		6.0150  GBP
10p ordinary		Purchase		65,720		6.0407  GBP
10p ordinary		Purchase		47,477		6.0680  GBP
10p ordinary		Purchase		45,639		6.0221  GBP
10p ordinary		Purchase		44,559		6.0418  GBP
10p ordinary		Purchase		37,478		6.0674  GBP
10p ordinary		Purchase		24,322		6.0406  GBP
10p ordinary		Purchase		22,068		6.0205  GBP
10p ordinary		Purchase		20,873		6.0414  GBP
10p ordinary		Purchase		11,674		6.0467  GBP
10p ordinary		Purchase		7,847		6.0198  GBP
10p ordinary		Purchase		7,632		6.0149  GBP
10p ordinary		Purchase		7,554		6.0390  GBP
10p ordinary		Purchase		4,373		6.0449  GBP
10p ordinary		Purchase		3,452		6.0352  GBP
10p ordinary		Purchase		3,323		6.0415  GBP
10p ordinary		Purchase		3,066		6.0463  GBP
10p ordinary		Purchase		2,989		6.0500  GBP
10p ordinary		Purchase		2,593		6.0550  GBP
10p ordinary		Purchase		2,535		6.0365  GBP
10p ordinary		Purchase		2,221		6.0489  GBP
10p ordinary		Purchase		1,966		6.0136  GBP
10p ordinary		Purchase		1,689		6.0325  GBP
10p ordinary		Purchase		1,250		6.0800  GBP
10p ordinary		Purchase		1,118		6.0487  GBP
10p ordinary		Purchase		1,038		6.0375  GBP
10p ordinary		Purchase		848		6.0450  GBP
10p ordinary		Purchase		640		6.0178  GBP
10p ordinary		Purchase		640		6.0140  GBP
10p ordinary		Purchase		619		6.0050  GBP
10p ordinary		Purchase		140		6.0248  GBP
10p ordinary		Purchase		77		6.0100  GBP
10p ordinary		Purchase		37		6.0125  GBP
10p ordinary		Purchase		13		6.0250  GBP
10p ordinary		Sale		1,309,186		6.0500  GBP
10p ordinary		Sale		438,200		6.1119  GBP
10p ordinary		Sale		438,199		6.0068  GBP
10p ordinary		Sale		238,546		6.0150  GBP
10p ordinary		Sale		206,969		6.0184  GBP
10p ordinary		Sale		83,526		6.0450  GBP
10p ordinary		Sale		70,000		6.0506  GBP
10p ordinary		Sale		42,481		6.0322  GBP
10p ordinary		Sale		27,842		6.0350  GBP
10p ordinary		Sale		18,780		6.0336  GBP
10p ordinary		Sale		16,556		6.0710  GBP
10p ordinary		Sale		9,927		6.0334  GBP
10p ordinary		Sale		9,552		6.0292  GBP
10p ordinary		Sale		7,569		6.0330  GBP
10p ordinary		Sale		6,674		6.0269  GBP
10p ordinary		Sale		5,904		6.0273  GBP
10p ordinary		Sale		4,588		6.0058  GBP
10p ordinary		Sale		4,341		6.0513  GBP
10p ordinary		Sale		3,658		6.0159  GBP
10p ordinary		Sale		3,512		6.0182  GBP
10p ordinary		Sale		2,670		6.0393  GBP
10p ordinary		Sale		2,364		6.0124  GBP
10p ordinary		Sale		1,966		6.0199  GBP
10p ordinary		Sale		1,858		6.0204  GBP
10p ordinary		Sale		1,343		6.0502  GBP
10p ordinary		Sale		1,109		6.0550  GBP
10p ordinary		Sale		619		6.0050  GBP
10p ordinary		Sale		566		6.0051  GBP
10p ordinary		Sale		560		6.0650  GBP
10p ordinary		Sale		558		6.0300  GBP
10p ordinary		Sale		323		6.0125  GBP
10p ordinary		Sale		140		6.0254  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		Decreasing Short		587,231	6.0700  GBP
10p ordinary		SWAP		Increasing Short		13,373	6.0331  GBP
10p ordinary		SWAP		Decreasing Short		4,588	6.0058  GBP
10p ordinary		SWAP		Decreasing Short		438,199	6.0067  GBP
10p ordinary		SWAP		Decreasing Short		2,174	6.0136  USD
10p ordinary		SWAP		Decreasing Short		1,600	6.0150  GBP
10p ordinary		SWAP		Decreasing Short		13,946	6.0247  GBP
10p ordinary		SWAP		Decreasing Short		77,990	6.0313  GBP
10p ordinary		SWAP		Decreasing Short		42,481	6.0322  GBP
10p ordinary		SWAP		Decreasing Short		70,000	6.0506  GBP
10p ordinary		SWAP		Decreasing Short		438,200	6.1119  GBP
10p ordinary		SWAP		Increasing Short		34,407	6.0150  GBP
10p ordinary		SWAP		Increasing Short		56,372	6.0171  GBP
10p ordinary		SWAP		Increasing Short		45,639	6.0221  GBP
10p ordinary		SWAP		Increasing Short		125,973	6.0392  GBP
10p ordinary		SWAP		Increasing Short		20,873	6.0414  GBP
10p ordinary		SWAP		Increasing Short		8,000	6.0415  GBP
10p ordinary		SWAP		Increasing Short		44,559	6.0418  GBP
10p ordinary		SWAP		Increasing Short		50,740	6.0446  GBP
10p ordinary		SWAP		Increasing Short		29,659	6.0454  GBP
10p ordinary		SWAP		Increasing Short		163,057	6.0490  USD
10p ordinary		SWAP		Increasing Short		1,667	6.0550  GBP
10p ordinary		SWAP		Increasing Short		37,478	6.0674  USD
10p ordinary		SWAP		Increasing Short		47,477	6.0680  USD
10p ordinary		CFD		Decreasing Short		2,852	6.0150  GBP
10p ordinary		CFD		Decreasing Short		40,671	6.0291  GBP
10p ordinary		CFD		Decreasing Short		1,309,186	6.0500  GBP
10p ordinary		CFD		Decreasing Short		1,109	6.0550  GBP
10p ordinary		CFD		Increasing Short		104,175	6.0150  GBP
10p ordinary		CFD		Increasing Short		31,751	6.0328  GBP
10p ordinary		CFD		Increasing Short		20,000	6.0454  GBP
10p ordinary		CFD		Increasing Short		10,064	6.0465  GBP
10p ordinary		CFD		Increasing Short		33,602	6.0574  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:				29 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END