Form 8.3 - DS SMITH PLC

Barclays PLC

15 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:				14 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:			24,711,781	1.79%	19,147,293	1.39%
(2)	Cash-settled derivatives:
	and/or controlled:			8,165,075	0.59%	23,282,256	1.69%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			32,876,856	2.38%	42,429,549	3.08%
(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		632,888		3.7001  GBP
10p ordinary		Purchase		415,725		3.7231  GBP
10p ordinary		Purchase		215,000		3.7060  GBP
10p ordinary		Purchase		179,924		3.7000  GBP
10p ordinary		Purchase		140,000		3.7025  GBP
10p ordinary		Purchase		127,767		3.6995  GBP
10p ordinary		Purchase		110,661		3.6991  GBP
10p ordinary		Purchase		100,000		3.6946  GBP
10p ordinary		Purchase		50,847		3.6939  GBP
10p ordinary		Purchase		40,453		3.6984  GBP
10p ordinary		Purchase		28,282		3.7109  GBP
10p ordinary		Purchase		25,646		3.7206  GBP
10p ordinary		Purchase		17,999		3.7199  GBP
10p ordinary		Purchase		17,646		3.7042  GBP
10p ordinary		Purchase		17,590		3.7179  GBP
10p ordinary		Purchase		15,717		3.6940  GBP
10p ordinary		Purchase		14,923		3.7211  GBP
10p ordinary		Purchase		12,295		3.6919  GBP
10p ordinary		Purchase		8,670		3.6955  GBP
10p ordinary		Purchase		7,850		3.7210  GBP
10p ordinary		Purchase		7,737		3.7006  GBP
10p ordinary		Purchase		6,488		3.6916  GBP
10p ordinary		Purchase		6,414		3.7014  GBP
10p ordinary		Purchase		5,821		3.7193  GBP
10p ordinary		Purchase		4,177		3.7120  GBP
10p ordinary		Purchase		4,140		3.7033  GBP
10p ordinary		Purchase		3,614		3.7005  GBP
10p ordinary		Purchase		3,361		3.7200  GBP
10p ordinary		Purchase		3,327		3.6996  GBP
10p ordinary		Purchase		2,946		3.6913  GBP
10p ordinary		Purchase		2,644		3.6960  GBP
10p ordinary		Purchase		2,405		3.7171  GBP
10p ordinary		Purchase		2,357		3.7004  GBP
10p ordinary		Purchase		2,234		3.6950  GBP
10p ordinary		Purchase		1,723		3.6976  GBP
10p ordinary		Purchase		1,676		3.7008  GBP
10p ordinary		Purchase		1,506		3.6860  GBP
10p ordinary		Purchase		1,498		3.7244  GBP
10p ordinary		Purchase		1,397		3.7096  GBP
10p ordinary		Purchase		1,272		3.6981  GBP
10p ordinary		Purchase		1,101		3.7130  GBP
10p ordinary		Purchase		785		3.6867  GBP
10p ordinary		Purchase		736		3.7100  GBP
10p ordinary		Purchase		256		3.6989  GBP
10p ordinary		Purchase		147		3.7300  GBP
10p ordinary		Sale		274,291		3.7114  GBP
10p ordinary		Sale		266,817		3.7055  GBP
10p ordinary		Sale		147,561		3.6917  GBP
10p ordinary		Sale		138,857		3.7000  GBP
10p ordinary		Sale		127,218		3.7162  GBP
10p ordinary		Sale		120,438		3.6813  GBP
10p ordinary		Sale		106,631		3.6926  GBP
10p ordinary		Sale		102,586		3.7133  GBP
10p ordinary		Sale		102,586		3.7141  GBP
10p ordinary		Sale		89,350		3.6954  GBP
10p ordinary		Sale		88,852		3.7078  GBP
10p ordinary		Sale		80,435		3.7142  GBP
10p ordinary		Sale		64,322		3.7002  GBP
10p ordinary		Sale		50,643		3.7204  GBP
10p ordinary		Sale		49,735		3.6913  GBP
10p ordinary		Sale		42,564		3.7086  GBP
10p ordinary		Sale		34,009		3.7131  GBP
10p ordinary		Sale		30,331		3.7175  GBP
10p ordinary		Sale		29,106		3.7015  GBP
10p ordinary		Sale		18,483		3.7172  GBP
10p ordinary		Sale		14,980		3.7137  GBP
10p ordinary		Sale		14,923		3.7211  GBP
10p ordinary		Sale		14,543		3.6996  GBP
10p ordinary		Sale		8,882		3.7203  GBP
10p ordinary		Sale		8,670		3.6955  GBP
10p ordinary		Sale		7,467		3.7016  GBP
10p ordinary		Sale		7,278		3.7235  GBP
10p ordinary		Sale		7,236		3.7199  GBP
10p ordinary		Sale		7,024		3.7206  GBP
10p ordinary		Sale		6,851		3.7022  GBP
10p ordinary		Sale		6,567		3.6973  GBP
10p ordinary		Sale		5,874		3.7196  GBP
10p ordinary		Sale		5,821		3.7193  GBP
10p ordinary		Sale		5,131		3.7132  GBP
10p ordinary		Sale		4,864		3.6937  GBP
10p ordinary		Sale		4,700		3.6938  GBP
10p ordinary		Sale		3,995		3.7023  GBP
10p ordinary		Sale		3,371		3.7103  GBP
10p ordinary		Sale		3,155		3.6960  GBP
10p ordinary		Sale		2,618		3.7076  GBP
10p ordinary		Sale		2,405		3.7171  GBP
10p ordinary		Sale		2,166		3.7262  GBP
10p ordinary		Sale		2,069		3.7102  GBP
10p ordinary		Sale		1,757		3.6919  GBP
10p ordinary		Sale		1,723		3.6976  GBP
10p ordinary		Sale		1,676		3.7008  GBP
10p ordinary		Sale		1,506		3.6860  GBP
10p ordinary		Sale		1,504		3.6940  GBP
10p ordinary		Sale		1,498		3.7244  GBP
10p ordinary		Sale		1,412		3.6934  GBP
10p ordinary		Sale		1,216		3.7110  GBP
10p ordinary		Sale		1,216		3.6992  GBP
10p ordinary		Sale		876		3.7080  GBP
10p ordinary		Sale		829		3.6980  GBP
10p ordinary		Sale		826		3.7240  GBP
10p ordinary		Sale		785		3.6867  GBP
10p ordinary		Sale		736		3.7100  GBP
10p ordinary		Sale		527		3.7200  GBP
10p ordinary		Sale		419		3.7300  GBP
10p ordinary		Sale		302		3.7220  GBP
10p ordinary		Sale		109		3.7180  GBP
10p ordinary		Sale		1		3.7139  GBP
10p ordinary		Sale		-105		3.6989  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		3,614	3.7005  GBP
10p ordinary		SWAP		Decreasing Long		17,590	3.7179  GBP
10p ordinary		SWAP		Decreasing Short		1,041	3.7000  GBP
10p ordinary		SWAP		Decreasing Short		1,392	3.7000  GBP
10p ordinary		SWAP		Decreasing Short		22,962	3.6997  GBP
10p ordinary		CFD		Decreasing Short		40,142	3.7000  GBP
10p ordinary		CFD		Decreasing Short		58,988	3.7193  GBP
10p ordinary		SWAP		Decreasing Short		80,435	3.7142  GBP
10p ordinary		SWAP		Decreasing Short		205,172	3.7137  GBP
10p ordinary		SWAP		Decreasing Short		274,291	3.7114  GBP
10p ordinary		SWAP		Increasing Long		1	3.7139  GBP
10p ordinary		SWAP		Increasing Short		527	3.7200  GBP
10p ordinary		SWAP		Increasing Short		1,272	3.6981  GBP
10p ordinary		SWAP		Increasing Short		4,177	3.7120  GBP
10p ordinary		SWAP		Increasing Short		6,414	3.7014  GBP
10p ordinary		SWAP		Increasing Short		17,646	3.7042  GBP
10p ordinary		CFD		Increasing Short		44,465	3.6989  GBP
10p ordinary		SWAP		Increasing Short		52,977	3.7000  GBP
10p ordinary		SWAP		Increasing Short		61,000	3.7060  GBP
10p ordinary		CFD		Increasing Short		65,604	3.7000  GBP
10p ordinary		SWAP		Increasing Short		154,000	3.7060  GBP
10p ordinary		SWAP		Increasing Short		415,725	3.7231  GBP
10p ordinary		SWAP		Opening Long		60,639	3.7077  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:				15 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END