Form 8.3 - DS SMITH PLC

Barclays PLC

13 May 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:				10 May 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:			24,763,171	1.80%	19,121,679	1.39%
(2)	Cash-settled derivatives:
	and/or controlled:			7,994,427	0.58%	22,283,499	1.62%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			32,757,598	2.37%	41,405,178	3.00%
(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		464,197		3.6248  GBP
10p ordinary		Purchase		442,477		3.6044  GBP
10p ordinary		Purchase		327,091		3.6089  GBP
10p ordinary		Purchase		295,716		3.6009  GBP
10p ordinary		Purchase		266,842		3.6300  GBP
10p ordinary		Purchase		184,556		3.6177  GBP
10p ordinary		Purchase		170,620		3.6298  GBP
10p ordinary		Purchase		145,841		3.6217  GBP
10p ordinary		Purchase		121,103		3.6151  GBP
10p ordinary		Purchase		107,698		3.6165  GBP
10p ordinary		Purchase		102,514		3.6167  GBP
10p ordinary		Purchase		64,134		3.6295  GBP
10p ordinary		Purchase		62,498		3.6091  GBP
10p ordinary		Purchase		60,546		3.6158  GBP
10p ordinary		Purchase		38,946		3.6064  GBP
10p ordinary		Purchase		24,188		3.6074  GBP
10p ordinary		Purchase		23,491		3.6221  GBP
10p ordinary		Purchase		18,959		3.6141  GBP
10p ordinary		Purchase		18,828		3.6070  GBP
10p ordinary		Purchase		18,694		3.6142  GBP
10p ordinary		Purchase		18,507		3.6294  GBP
10p ordinary		Purchase		17,373		3.5962  GBP
10p ordinary		Purchase		16,328		3.6146  GBP
10p ordinary		Purchase		14,831		3.6094  GBP
10p ordinary		Purchase		13,393		3.5973  GBP
10p ordinary		Purchase		12,551		3.6115  GBP
10p ordinary		Purchase		12,475		3.5972  GBP
10p ordinary		Purchase		12,443		3.6137  GBP
10p ordinary		Purchase		8,806		3.5863  GBP
10p ordinary		Purchase		7,873		3.6080  GBP
10p ordinary		Purchase		7,555		3.5900  GBP
10p ordinary		Purchase		6,840		3.6060  GBP
10p ordinary		Purchase		5,728		3.6035  GBP
10p ordinary		Purchase		5,344		3.6121  GBP
10p ordinary		Purchase		4,463		3.6075  GBP
10p ordinary		Purchase		4,316		3.5893  GBP
10p ordinary		Purchase		4,204		3.6280  GBP
10p ordinary		Purchase		3,724		3.6011  GBP
10p ordinary		Purchase		3,701		3.5870  GBP
10p ordinary		Purchase		3,216		3.5891  GBP
10p ordinary		Purchase		2,031		3.6007  GBP
10p ordinary		Purchase		2,020		3.6157  GBP
10p ordinary		Purchase		1,935		3.6100  GBP
10p ordinary		Purchase		1,844		3.6000  GBP
10p ordinary		Purchase		1,678		3.5780  GBP
10p ordinary		Purchase		1,493		3.6220  GBP
10p ordinary		Purchase		1,449		3.5980  GBP
10p ordinary		Purchase		1,403		3.6340  GBP
10p ordinary		Purchase		1,285		3.6140  GBP
10p ordinary		Purchase		962		3.6240  GBP
10p ordinary		Purchase		538		3.6020  GBP
10p ordinary		Purchase		177		3.6105  GBP
10p ordinary		Purchase		95		3.6025  GBP
10p ordinary		Purchase		10		3.6279  GBP
10p ordinary		Purchase		2		3.6260  GBP
10p ordinary		Sale		716,456		3.6300  GBP
10p ordinary		Sale		148,206		3.6151  GBP
10p ordinary		Sale		134,714		3.6052  GBP
10p ordinary		Sale		106,609		3.6224  GBP
10p ordinary		Sale		103,039		3.6021  GBP
10p ordinary		Sale		90,561		3.6202  GBP
10p ordinary		Sale		76,819		3.5960  GBP
10p ordinary		Sale		73,392		3.6400  GBP
10p ordinary		Sale		58,309		3.6031  GBP
10p ordinary		Sale		55,715		3.6222  GBP
10p ordinary		Sale		49,100		3.6062  GBP
10p ordinary		Sale		42,628		3.5991  GBP
10p ordinary		Sale		37,177		3.6067  GBP
10p ordinary		Sale		35,925		3.6041  GBP
10p ordinary		Sale		34,618		3.6127  GBP
10p ordinary		Sale		28,837		3.6100  GBP
10p ordinary		Sale		23,141		3.6229  GBP
10p ordinary		Sale		16,968		3.6058  GBP
10p ordinary		Sale		15,523		3.6017  GBP
10p ordinary		Sale		15,499		3.6095  GBP
10p ordinary		Sale		14,711		3.6024  GBP
10p ordinary		Sale		13,393		3.5973  GBP
10p ordinary		Sale		12,475		3.5972  GBP
10p ordinary		Sale		10,202		3.6337  GBP
10p ordinary		Sale		10,103		3.6057  GBP
10p ordinary		Sale		8,806		3.5863  GBP
10p ordinary		Sale		8,073		3.6240  GBP
10p ordinary		Sale		7,931		3.6083  GBP
10p ordinary		Sale		7,802		3.6380  GBP
10p ordinary		Sale		7,423		3.5900  GBP
10p ordinary		Sale		7,227		3.6217  GBP
10p ordinary		Sale		7,091		3.6080  GBP
10p ordinary		Sale		7,088		3.6104  GBP
10p ordinary		Sale		6,519		3.6069  GBP
10p ordinary		Sale		6,397		3.6015  GBP
10p ordinary		Sale		5,836		3.6133  GBP
10p ordinary		Sale		5,005		3.6000  GBP
10p ordinary		Sale		4,715		3.6060  GBP
10p ordinary		Sale		4,204		3.6280  GBP
10p ordinary		Sale		3,966		3.6073  GBP
10p ordinary		Sale		3,347		3.6263  GBP
10p ordinary		Sale		3,275		3.5920  GBP
10p ordinary		Sale		3,216		3.5891  GBP
10p ordinary		Sale		2,980		3.5998  GBP
10p ordinary		Sale		2,792		3.6366  GBP
10p ordinary		Sale		2,462		3.6125  GBP
10p ordinary		Sale		2,437		3.5904  GBP
10p ordinary		Sale		2,426		3.6061  GBP
10p ordinary		Sale		2,302		3.5974  GBP
10p ordinary		Sale		2,031		3.6007  GBP
10p ordinary		Sale		1,872		3.6082  GBP
10p ordinary		Sale		1,860		3.6178  GBP
10p ordinary		Sale		1,678		3.5780  GBP
10p ordinary		Sale		1,597		3.5927  GBP
10p ordinary		Sale		1,552		3.5800  GBP
10p ordinary		Sale		1,449		3.5980  GBP
10p ordinary		Sale		1,403		3.6340  GBP
10p ordinary		Sale		1,285		3.6140  GBP
10p ordinary		Sale		943		3.6320  GBP
10p ordinary		Sale		919		3.5910  GBP
10p ordinary		Sale		538		3.6020  GBP
10p ordinary		Sale		95		3.6029  GBP
10p ordinary		Sale		62		3.6200  GBP
10p ordinary		Sale		57		3.6299  GBP
10p ordinary		Sale		12		3.6238  GBP
10p ordinary		Sale		2		3.6260  GBP
10p ordinary		Sale		100		3.6279  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		12	3.6238  GBP
10p ordinary		SWAP		Decreasing Short		57	3.6299  GBP
10p ordinary		SWAP		Decreasing Short		62	3.6199  GBP
10p ordinary		SWAP		Decreasing Short		168	3.5900  GBP
10p ordinary		CFD		Decreasing Short		282	3.6336  GBP
10p ordinary		SWAP		Decreasing Short		2,462	3.6125  GBP
10p ordinary		SWAP		Decreasing Short		2,980	3.5998  GBP
10p ordinary		CFD		Decreasing Short		5,993	3.6235  GBP
10p ordinary		CFD		Decreasing Short		10,480	3.6300  GBP
10p ordinary		SWAP		Decreasing Short		34,618	3.6127  GBP
10p ordinary		SWAP		Decreasing Short		37,942	3.6283  GBP
10p ordinary		SWAP		Decreasing Short		58,309	3.6031  GBP
10p ordinary		CFD		Decreasing Short		76,819	3.5959  GBP
10p ordinary		SWAP		Decreasing Short		143,515	3.6151  GBP
10p ordinary		SWAP		Increasing Long		2,437	3.5904  GBP
10p ordinary		SWAP		Increasing Short		54	3.6300  GBP
10p ordinary		SWAP		Increasing Short		454	3.6100  GBP
10p ordinary		SWAP		Increasing Short		3,724	3.6011  GBP
10p ordinary		SWAP		Increasing Short		4,972	3.6060  GBP
10p ordinary		SWAP		Increasing Short		10,810	3.6300  GBP
10p ordinary		SWAP		Increasing Short		10,859	3.6090  GBP
10p ordinary		SWAP		Increasing Short		24,188	3.6074  GBP
10p ordinary		SWAP		Increasing Short		36,296	3.6102  GBP
10p ordinary		SWAP		Increasing Short		51,463	3.6296  GBP
10p ordinary		SWAP		Increasing Short		55,559	3.6130  GBP
10p ordinary		SWAP		Increasing Short		70,000	3.6050  GBP
10p ordinary		SWAP		Increasing Short		121,103	3.6151  GBP
10p ordinary		SWAP		Increasing Short		170,620	3.6298  GBP
10p ordinary		CFD		Increasing Short		244,612	3.6300  GBP
10p ordinary		SWAP		Increasing Short		327,091	3.6089  GBP
10p ordinary		SWAP		Increasing Short		328,768	3.6191  GBP
10p ordinary		SWAP		Opening Long		60,802	3.6131  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:				13 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END