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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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