Form 8.3 - DS SMITH PLC

Barclays PLC
17 April 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:

16 Apr 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?

MONDI PLC
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:

 

 

12,621,151

0.92%

15,523,915

1.13%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

12,380,259

0.90%

10,815,526

0.78%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

25,001,410

1.81%

26,339,441

1.91%

(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

1,403,340

4.0222  GBP

10p ordinary

Purchase

1,289,202

3.9975  GBP

10p ordinary

Purchase

1,209,262

3.9380  GBP

10p ordinary

Purchase

967,551

4.0249  GBP

10p ordinary

Purchase

700,000

4.0147  GBP

10p ordinary

Purchase

572,668

4.0112  GBP

10p ordinary

Purchase

562,975

3.9441  GBP

10p ordinary

Purchase

495,495

3.9516  GBP

10p ordinary

Purchase

458,977

3.9786  GBP

10p ordinary

Purchase

433,572

3.9795  GBP

10p ordinary

Purchase

253,341

3.9742  GBP

10p ordinary

Purchase

250,000

4.0237  GBP

10p ordinary

Purchase

244,189

4.0150  GBP

10p ordinary

Purchase

200,135

4.0012  GBP

10p ordinary

Purchase

146,365

4.0260  GBP

10p ordinary

Purchase

131,218

3.9854  GBP

10p ordinary

Purchase

130,023

3.9870  GBP

10p ordinary

Purchase

112,462

3.9876  GBP

10p ordinary

Purchase

100,000

4.0560  GBP

10p ordinary

Purchase

90,824

3.9733  GBP

10p ordinary

Purchase

87,388

4.0302  GBP

10p ordinary

Purchase

85,126

3.9880  GBP

10p ordinary

Purchase

70,563

3.9883  GBP

10p ordinary

Purchase

70,274

3.9954  GBP

10p ordinary

Purchase

47,918

3.9340  GBP

10p ordinary

Purchase

45,587

3.9939  GBP

10p ordinary

Purchase

44,316

4.0026  GBP

10p ordinary

Purchase

40,853

3.9709  GBP

10p ordinary

Purchase

37,760

3.9906  GBP

10p ordinary

Purchase

37,294

4.0120  GBP

10p ordinary

Purchase

36,593

3.9848  GBP

10p ordinary

Purchase

31,745

4.0036  GBP

10p ordinary

Purchase

30,814

4.0193  GBP

10p ordinary

Purchase

20,725

4.0047  GBP

10p ordinary

Purchase

19,489

3.9807  GBP

10p ordinary

Purchase

16,963

3.9622  GBP

10p ordinary

Purchase

14,500

3.9682  GBP

10p ordinary

Purchase

13,200

3.9448  GBP

10p ordinary

Purchase

12,948

3.9419  GBP

10p ordinary

Purchase

12,780

3.9664  GBP

10p ordinary

Purchase

12,113

3.9721  GBP

10p ordinary

Purchase

10,482

4.0257  GBP

10p ordinary

Purchase

9,317

4.0031  GBP

10p ordinary

Purchase

7,750

3.9914  GBP

10p ordinary

Purchase

7,560

3.9839  GBP

10p ordinary

Purchase

7,021

3.9573  GBP

10p ordinary

Purchase

4,972

3.9845  GBP

10p ordinary

Purchase

4,396

3.9471  GBP

10p ordinary

Purchase

4,210

3.9885  GBP

10p ordinary

Purchase

4,078

3.9548  GBP

10p ordinary

Purchase

3,379

4.0080  GBP

10p ordinary

Purchase

2,726

4.0240  GBP

10p ordinary

Purchase

2,606

3.9500  GBP

10p ordinary

Purchase

2,483

3.9762  GBP

10p ordinary

Purchase

2,393

4.0300  GBP

10p ordinary

Purchase

2,378

4.0520  GBP

10p ordinary

Purchase

2,346

4.0380  GBP

10p ordinary

Purchase

2,218

4.0100  GBP

10p ordinary

Purchase

2,180

3.9492  GBP

10p ordinary

Purchase

2,121

3.9904  GBP

10p ordinary

Purchase

1,579

4.0220  GBP

10p ordinary

Purchase

1,491

4.0099  GBP

10p ordinary

Purchase

1,486

3.9566  GBP

10p ordinary

Purchase

1,410

3.9560  GBP

10p ordinary

Purchase

1,386

4.0340  GBP

10p ordinary

Purchase

1,110

3.9390  GBP

10p ordinary

Purchase

1,087

4.0024  GBP

10p ordinary

Purchase

1,059

4.0180  GBP

10p ordinary

Purchase

1,000

4.0360  GBP

10p ordinary

Purchase

936

4.0200  GBP

10p ordinary

Purchase

779

4.0280  GBP

10p ordinary

Purchase

765

3.9370  GBP

10p ordinary

Purchase

738

4.0474  GBP

10p ordinary

Purchase

687

3.9580  GBP

10p ordinary

Purchase

596

4.0400  GBP

10p ordinary

Purchase

321

3.9360  GBP

10p ordinary

Purchase

300

4.0142  GBP

10p ordinary

Purchase

226

4.0213  GBP

10p ordinary

Purchase

218

3.9558  GBP

10p ordinary

Purchase

69

4.0060  GBP

10p ordinary

Purchase

36

3.9328  GBP

10p ordinary

Purchase

3

4.0075  GBP

10p ordinary

Purchase

1

4.0090  GBP

10p ordinary

Sale

1,287,946

3.9640  GBP

10p ordinary

Sale

780,655

4.0306  GBP

10p ordinary

Sale

675,403

4.0219  GBP

10p ordinary

Sale

621,913

4.0125  GBP

10p ordinary

Sale

568,248

4.0048  GBP

10p ordinary

Sale

562,975

3.9441  GBP

10p ordinary

Sale

400,000

4.0199  GBP

10p ordinary

Sale

238,984

4.0189  GBP

10p ordinary

Sale

238,948

4.0198  GBP

10p ordinary

Sale

234,758

4.0169  GBP

10p ordinary

Sale

219,871

3.9357  GBP

10p ordinary

Sale

208,031

3.9988  GBP

10p ordinary

Sale

198,361

4.0152  GBP

10p ordinary

Sale

168,877

3.9336  GBP

10p ordinary

Sale

150,945

3.9340  GBP

10p ordinary

Sale

149,441

4.0186  GBP

10p ordinary

Sale

127,806

4.0227  GBP

10p ordinary

Sale

125,056

3.9341  GBP

10p ordinary

Sale

105,156

4.0223  GBP

10p ordinary

Sale

99,583

4.0334  GBP

10p ordinary

Sale

97,960

4.0222  GBP

10p ordinary

Sale

89,723

4.0121  GBP

10p ordinary

Sale

88,444

4.0149  GBP

10p ordinary

Sale

87,460

4.0269  GBP

10p ordinary

Sale

78,852

4.0225  GBP

10p ordinary

Sale

77,926

4.0200  GBP

10p ordinary

Sale

77,111

4.0027  GBP

10p ordinary

Sale

76,859

3.9339  GBP

10p ordinary

Sale

68,032

4.0117  GBP

10p ordinary

Sale

64,352

4.0159  GBP

10p ordinary

Sale

63,815

4.0118  GBP

10p ordinary

Sale

58,886

4.0128  GBP

10p ordinary

Sale

54,073

4.0176  GBP

10p ordinary

Sale

51,212

3.9638  GBP

10p ordinary

Sale

50,277

3.9385  GBP

10p ordinary

Sale

45,733

4.0132  GBP

10p ordinary

Sale

44,356

4.0017  GBP

10p ordinary

Sale

40,357

4.0120  GBP

10p ordinary

Sale

37,141

4.0232  GBP

10p ordinary

Sale

35,617

4.0078  GBP

10p ordinary

Sale

31,753

3.9801  GBP

10p ordinary

Sale

29,145

4.0230  GBP

10p ordinary

Sale

26,071

4.0181  GBP

10p ordinary

Sale

19,796

3.9455  GBP

10p ordinary

Sale

19,612

3.9982  GBP

10p ordinary

Sale

19,134

3.9667  GBP

10p ordinary

Sale

17,276

3.9429  GBP

10p ordinary

Sale

16,963

3.9622  GBP

10p ordinary

Sale

16,649

3.9847  GBP

10p ordinary

Sale

15,261

3.9784  GBP

10p ordinary

Sale

14,500

3.9682  GBP

10p ordinary

Sale

13,450

4.0255  GBP

10p ordinary

Sale

13,108

4.0155  GBP

10p ordinary

Sale

13,056

4.0112  GBP

10p ordinary

Sale

12,780

3.9664  GBP

10p ordinary

Sale

12,242

4.0323  GBP

10p ordinary

Sale

11,112

4.0291  GBP

10p ordinary

Sale

10,558

3.9342  GBP

10p ordinary

Sale

10,361

4.0545  GBP

10p ordinary

Sale

9,317

4.0031  GBP

10p ordinary

Sale

7,762

3.9449  GBP

10p ordinary

Sale

7,461

4.0282  GBP

10p ordinary

Sale

7,160

3.9973  GBP

10p ordinary

Sale

7,014

4.0418  GBP

10p ordinary

Sale

6,055

3.9461  GBP

10p ordinary

Sale

5,401

3.9651  GBP

10p ordinary

Sale

4,185

3.9344  GBP

10p ordinary

Sale

2,543

3.9503  GBP

10p ordinary

Sale

2,393

4.0300  GBP

10p ordinary

Sale

2,378

4.0520  GBP

10p ordinary

Sale

2,346

4.0380  GBP

10p ordinary

Sale

2,337

3.9600  GBP

10p ordinary

Sale

2,188

4.0220  GBP

10p ordinary

Sale

2,131

3.9420  GBP

10p ordinary

Sale

1,481

3.9795  GBP

10p ordinary

Sale

1,455

3.9602  GBP

10p ordinary

Sale

1,410

3.9560  GBP

10p ordinary

Sale

1,386

4.0340  GBP

10p ordinary

Sale

1,112

4.0150  GBP

10p ordinary

Sale

1,059

4.0180  GBP

10p ordinary

Sale

1,000

4.0360  GBP

10p ordinary

Sale

932

3.9310  GBP

10p ordinary

Sale

779

4.0280  GBP

10p ordinary

Sale

732

4.0240  GBP

10p ordinary

Sale

687

3.9580  GBP

10p ordinary

Sale

655

3.9457  GBP

10p ordinary

Sale

625

4.0210  GBP

10p ordinary

Sale

611

3.9450  GBP

10p ordinary

Sale

500

4.0260  GBP

10p ordinary

Sale

490

3.9960  GBP

10p ordinary

Sale

376

4.0032  GBP

10p ordinary

Sale

69

4.0060  GBP

10p ordinary

Sale

63

3.9333  GBP

10p ordinary

Sale

3

4.0080  GBP

10p ordinary

Sale

1

4.0090  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

Closing Long

5,619

3.9563  GBP

10p ordinary

SWAP

Closing Long

10,300

3.9340  GBP

10p ordinary

SWAP

Closing Short

9,667

4.0060  GBP

10p ordinary

SWAP

Closing Short

76,877

3.9485  GBP

10p ordinary

SWAP

Closing Short

134,636

3.9340  GBP

10p ordinary

SWAP

Closing Short

200,135

4.0011  GBP

10p ordinary

SWAP

Decreasing Long

300

4.0142  GBP

10p ordinary

SWAP

Decreasing Long

321

3.9360  GBP

10p ordinary

SWAP

Decreasing Long

560

3.9501  GBP

10p ordinary

SWAP

Decreasing Long

1,491

4.0099  GBP

10p ordinary

SWAP

Decreasing Long

1,620

3.9489  GBP

10p ordinary

SWAP

Decreasing Long

2,097

3.9566  GBP

10p ordinary

SWAP

Decreasing Long

4,972

3.9845  GBP

10p ordinary

SWAP

Decreasing Long

24,626

4.0217  GBP

10p ordinary

SWAP

Decreasing Long

36,593

3.9848  GBP

10p ordinary

SWAP

Decreasing Long

40,853

3.9709  GBP

10p ordinary

SWAP

Decreasing Long

184,805

3.9810  GBP

10p ordinary

SWAP

Decreasing Long

253,341

3.9742  GBP

10p ordinary

SWAP

Decreasing Long

297,726

3.9762  GBP

10p ordinary

SWAP

Decreasing Long

325,000

3.9795  GBP

10p ordinary

SWAP

Decreasing Long

544,088

3.9340  GBP

10p ordinary

SWAP

Decreasing Long

591,155

3.9408  GBP

10p ordinary

SWAP

Decreasing Long

591,838

3.9823  GBP

10p ordinary

SWAP

Decreasing Long

1,289,202

3.9975  GBP

10p ordinary

SWAP

Decreasing Short

655

3.9457  GBP

10p ordinary

SWAP

Decreasing Short

1,455

3.9602  GBP

10p ordinary

SWAP

Decreasing Short

2,751

3.9905  GBP

10p ordinary

CFD

Decreasing Short

4,473

3.9339  GBP

10p ordinary

CFD

Decreasing Short

5,570

4.0034  GBP

10p ordinary

SWAP

Decreasing Short

7,094

3.9911  GBP

10p ordinary

SWAP

Decreasing Short

10,558

3.9342  GBP

10p ordinary

SWAP

Decreasing Short

12,565

3.9976  GBP

10p ordinary

SWAP

Decreasing Short

25,328

3.9339  GBP

10p ordinary

SWAP

Decreasing Short

32,022

4.0006  GBP

10p ordinary

CFD

Decreasing Short

32,062

4.0226  GBP

10p ordinary

CFD

Decreasing Short

32,290

4.0091  GBP

10p ordinary

SWAP

Decreasing Short

168,877

3.9336  GBP

10p ordinary

SWAP

Decreasing Short

514,331

4.0050  GBP

10p ordinary

CFD

Decreasing Short

562,975

3.9441  GBP

10p ordinary

SWAP

Increasing Long

63

3.9333  GBP

10p ordinary

SWAP

Increasing Long

490

3.9960  GBP

10p ordinary

SWAP

Increasing Long

609

4.0220  GBP

10p ordinary

SWAP

Increasing Long

5,401

3.9651  GBP

10p ordinary

SWAP

Increasing Long

9,082

4.0013  GBP

10p ordinary

SWAP

Increasing Long

26,658

3.9919  GBP

10p ordinary

SWAP

Increasing Long

31,753

3.9801  GBP

10p ordinary

SWAP

Increasing Long

35,262

4.0111  GBP

10p ordinary

SWAP

Increasing Long

44,356

4.0017  GBP

10p ordinary

SWAP

Increasing Long

51,531

3.9339  GBP

10p ordinary

SWAP

Increasing Long

92,299

3.9894  GBP

10p ordinary

SWAP

Increasing Long

99,583

4.0334  GBP

10p ordinary

SWAP

Increasing Long

105,597

4.0240  GBP

10p ordinary

SWAP

Increasing Long

201,200

3.9395  GBP

10p ordinary

SWAP

Increasing Long

218,811

3.9954  GBP

10p ordinary

SWAP

Increasing Long

287,080

4.0244  GBP

10p ordinary

SWAP

Increasing Long

287,517

4.0124  GBP

10p ordinary

SWAP

Increasing Short

500

4.0196  GBP

10p ordinary

CFD

Increasing Short

1,547

3.9854  GBP

10p ordinary

CFD

Increasing Short

2,035

3.9798  GBP

10p ordinary

CFD

Increasing Short

6,343

3.9525  GBP

10p ordinary

CFD

Increasing Short

9,565

3.9340  GBP

10p ordinary

CFD

Increasing Short

10,913

3.9347  GBP

10p ordinary

CFD

Increasing Short

11,571

3.9339  GBP

10p ordinary

CFD

Increasing Short

19,489

3.9807  GBP

10p ordinary

SWAP

Increasing Short

32,700

3.9614  GBP

10p ordinary

SWAP

Increasing Short

34,250

4.0401  GBP

10p ordinary

SWAP

Increasing Short

57,609

3.9342  GBP

10p ordinary

CFD

Increasing Short

76,984

3.9838  GBP

10p ordinary

CFD

Increasing Short

100,000

3.9731  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:

17 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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