Form 8.3 - DS SMITH PLC

Barclays PLC

14 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:				13 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 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:			24,601,025	1.78%	19,151,603	1.39%
(2)	Cash-settled derivatives:
	and/or controlled:			8,125,639	0.59%	23,142,772	1.68%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			32,726,664	2.37%	42,294,375	3.07%
(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		438,596		3.6542  GBP
10p ordinary		Purchase		261,858		3.6709  GBP
10p ordinary		Purchase		237,106		3.6680  GBP
10p ordinary		Purchase		213,716		3.6630  GBP
10p ordinary		Purchase		162,117		3.6675  GBP
10p ordinary		Purchase		159,667		3.6706  GBP
10p ordinary		Purchase		138,385		3.6490  GBP
10p ordinary		Purchase		99,089		3.6761  GBP
10p ordinary		Purchase		92,320		3.6701  GBP
10p ordinary		Purchase		83,486		3.6594  GBP
10p ordinary		Purchase		70,116		3.6654  GBP
10p ordinary		Purchase		44,206		3.6704  GBP
10p ordinary		Purchase		23,100		3.6657  GBP
10p ordinary		Purchase		11,066		3.6861  GBP
10p ordinary		Purchase		8,346		3.6527  GBP
10p ordinary		Purchase		7,918		3.6498  GBP
10p ordinary		Purchase		7,883		3.6896  GBP
10p ordinary		Purchase		7,235		3.6195  GBP
10p ordinary		Purchase		6,614		3.6574  GBP
10p ordinary		Purchase		6,451		3.6849  GBP
10p ordinary		Purchase		6,391		3.6913  GBP
10p ordinary		Purchase		5,735		3.6240  GBP
10p ordinary		Purchase		5,673		3.6504  GBP
10p ordinary		Purchase		5,303		3.6431  GBP
10p ordinary		Purchase		4,927		3.6552  GBP
10p ordinary		Purchase		4,239		3.6760  GBP
10p ordinary		Purchase		4,030		3.6860  GBP
10p ordinary		Purchase		3,425		3.6858  GBP
10p ordinary		Purchase		3,305		3.6407  GBP
10p ordinary		Purchase		3,278		3.6740  GBP
10p ordinary		Purchase		2,992		3.6220  GBP
10p ordinary		Purchase		2,778		3.6425  GBP
10p ordinary		Purchase		2,649		3.6847  GBP
10p ordinary		Purchase		2,632		3.6351  GBP
10p ordinary		Purchase		2,481		3.6480  GBP
10p ordinary		Purchase		2,452		3.6780  GBP
10p ordinary		Purchase		2,402		3.6583  GBP
10p ordinary		Purchase		2,196		3.6260  GBP
10p ordinary		Purchase		2,194		3.6140  GBP
10p ordinary		Purchase		2,162		3.6610  GBP
10p ordinary		Purchase		2,094		3.6720  GBP
10p ordinary		Purchase		1,987		3.6365  GBP
10p ordinary		Purchase		1,981		3.6894  GBP
10p ordinary		Purchase		1,838		3.6306  GBP
10p ordinary		Purchase		1,792		3.6360  GBP
10p ordinary		Purchase		1,761		3.6500  GBP
10p ordinary		Purchase		1,722		3.6960  GBP
10p ordinary		Purchase		1,719		3.6440  GBP
10p ordinary		Purchase		1,717		3.6700  GBP
10p ordinary		Purchase		1,706		3.6449  GBP
10p ordinary		Purchase		1,705		3.6540  GBP
10p ordinary		Purchase		1,676		3.6419  GBP
10p ordinary		Purchase		1,670		3.6380  GBP
10p ordinary		Purchase		1,657		3.6400  GBP
10p ordinary		Purchase		1,585		3.6120  GBP
10p ordinary		Purchase		1,575		3.6880  GBP
10p ordinary		Purchase		1,505		3.6160  GBP
10p ordinary		Purchase		942		3.6180  GBP
10p ordinary		Purchase		880		3.6460  GBP
10p ordinary		Purchase		845		3.6920  GBP
10p ordinary		Purchase		824		3.6570  GBP
10p ordinary		Purchase		821		3.6800  GBP
10p ordinary		Purchase		813		3.6900  GBP
10p ordinary		Purchase		811		3.6940  GBP
10p ordinary		Purchase		805		3.6340  GBP
10p ordinary		Purchase		798		3.6660  GBP
10p ordinary		Purchase		780		3.6280  GBP
10p ordinary		Purchase		775		3.7080  GBP
10p ordinary		Purchase		775		3.6980  GBP
10p ordinary		Purchase		650		3.6300  GBP
10p ordinary		Sale		409,009		3.6635  GBP
10p ordinary		Sale		387,422		3.6644  GBP
10p ordinary		Sale		128,214		3.6672  GBP
10p ordinary		Sale		116,836		3.6781  GBP
10p ordinary		Sale		98,202		3.6680  GBP
10p ordinary		Sale		92,320		3.6701  GBP
10p ordinary		Sale		71,811		3.6622  GBP
10p ordinary		Sale		53,175		3.6507  GBP
10p ordinary		Sale		44,206		3.6704  GBP
10p ordinary		Sale		35,700		3.6259  GBP
10p ordinary		Sale		32,294		3.6764  GBP
10p ordinary		Sale		30,611		3.6863  GBP
10p ordinary		Sale		27,280		3.6599  GBP
10p ordinary		Sale		25,105		3.6520  GBP
10p ordinary		Sale		24,363		3.6373  GBP
10p ordinary		Sale		21,949		3.6291  GBP
10p ordinary		Sale		17,183		3.6340  GBP
10p ordinary		Sale		16,185		3.6700  GBP
10p ordinary		Sale		14,852		3.6581  GBP
10p ordinary		Sale		13,625		3.6637  GBP
10p ordinary		Sale		12,686		3.6486  GBP
10p ordinary		Sale		10,266		3.6871  GBP
10p ordinary		Sale		9,728		3.6454  GBP
10p ordinary		Sale		9,160		3.6536  GBP
10p ordinary		Sale		6,451		3.6849  GBP
10p ordinary		Sale		6,391		3.6913  GBP
10p ordinary		Sale		6,044		3.6901  GBP
10p ordinary		Sale		5,735		3.6240  GBP
10p ordinary		Sale		5,625		3.6794  GBP
10p ordinary		Sale		5,049		3.6609  GBP
10p ordinary		Sale		4,446		3.6757  GBP
10p ordinary		Sale		4,239		3.6760  GBP
10p ordinary		Sale		4,208		3.6860  GBP
10p ordinary		Sale		4,078		3.6740  GBP
10p ordinary		Sale		3,971		3.6197  GBP
10p ordinary		Sale		3,804		3.6636  GBP
10p ordinary		Sale		3,552		3.6853  GBP
10p ordinary		Sale		3,414		3.6880  GBP
10p ordinary		Sale		3,234		3.6617  GBP
10p ordinary		Sale		2,992		3.6220  GBP
10p ordinary		Sale		2,976		3.6720  GBP
10p ordinary		Sale		2,720		3.6960  GBP
10p ordinary		Sale		2,591		3.6822  GBP
10p ordinary		Sale		2,521		3.6246  GBP
10p ordinary		Sale		2,494		3.6540  GBP
10p ordinary		Sale		2,481		3.6480  GBP
10p ordinary		Sale		2,475		3.6273  GBP
10p ordinary		Sale		2,452		3.6780  GBP
10p ordinary		Sale		2,408		3.6728  GBP
10p ordinary		Sale		2,330		3.6160  GBP
10p ordinary		Sale		2,196		3.6260  GBP
10p ordinary		Sale		2,194		3.6140  GBP
10p ordinary		Sale		1,852		3.6250  GBP
10p ordinary		Sale		1,851		3.6400  GBP
10p ordinary		Sale		1,792		3.6360  GBP
10p ordinary		Sale		1,761		3.6500  GBP
10p ordinary		Sale		1,719		3.6440  GBP
10p ordinary		Sale		1,670		3.6380  GBP
10p ordinary		Sale		1,585		3.6120  GBP
10p ordinary		Sale		942		3.6180  GBP
10p ordinary		Sale		880		3.6460  GBP
10p ordinary		Sale		845		3.6920  GBP
10p ordinary		Sale		837		3.6560  GBP
10p ordinary		Sale		834		3.6970  GBP
10p ordinary		Sale		827		3.6510  GBP
10p ordinary		Sale		821		3.6800  GBP
10p ordinary		Sale		813		3.6900  GBP
10p ordinary		Sale		811		3.6940  GBP
10p ordinary		Sale		798		3.6660  GBP
10p ordinary		Sale		780		3.6280  GBP
10p ordinary		Sale		775		3.7080  GBP
10p ordinary		Sale		775		3.6980  GBP
10p ordinary		Sale		650		3.6300  GBP
10p ordinary		Sale		-6		3.6669  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 Long		1,838	3.6306  GBP
10p ordinary		CFD		Decreasing Short		145	3.6680  GBP
10p ordinary		SWAP		Decreasing Short		194	3.6400  GBP
10p ordinary		CFD		Decreasing Short		650	3.6300  GBP
10p ordinary		SWAP		Decreasing Short		717	3.6300  GBP
10p ordinary		SWAP		Decreasing Short		2,475	3.6273  GBP
10p ordinary		CFD		Decreasing Short		2,871	3.6936  GBP
10p ordinary		SWAP		Decreasing Short		9,436	3.6499  GBP
10p ordinary		SWAP		Decreasing Short		15,208	3.6831  GBP
10p ordinary		SWAP		Decreasing Short		19,001	3.6864  GBP
10p ordinary		SWAP		Decreasing Short		30,611	3.6863  GBP
10p ordinary		CFD		Decreasing Short		89,156	3.6775  GBP
10p ordinary		SWAP		Decreasing Short		387,422	3.6644  GBP
10p ordinary		SWAP		Increasing Long		71,811	3.6622  GBP
10p ordinary		SWAP		Increasing Short		1,018	3.6372  GBP
10p ordinary		SWAP		Increasing Short		1,987	3.6365  GBP
10p ordinary		SWAP		Increasing Short		2,402	3.6583  GBP
10p ordinary		SWAP		Increasing Short		2,632	3.6351  GBP
10p ordinary		SWAP		Increasing Short		2,778	3.6425  GBP
10p ordinary		SWAP		Increasing Short		5,673	3.6504  GBP
10p ordinary		SWAP		Increasing Short		6,179	3.6268  GBP
10p ordinary		SWAP		Increasing Short		45,885	3.6278  GBP
10p ordinary		SWAP		Increasing Short		45,943	3.6615  GBP
10p ordinary		SWAP		Increasing Short		54,058	3.6677  GBP
10p ordinary		SWAP		Increasing Short		70,116	3.6654  GBP
10p ordinary		CFD		Increasing Short		90,832	3.6680  GBP
10p ordinary		SWAP		Increasing Short		261,858	3.6709  GBP
10p ordinary		SWAP		Increasing Short		270,798	3.6607  GBP
10p ordinary		SWAP		Opening Long		61,139	3.6541  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:				14 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END