Form 8.3 -DS SMITH PLC

Barclays PLC

21 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:				20 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:			25,853,294	1.87%	19,479,913	1.41%
(2)	Cash-settled derivatives:
	and/or controlled:			8,310,264	0.60%	24,207,562	1.75%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			34,163,558	2.48%	43,687,475	3.17%
(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		413,768		3.7600  GBP
10p ordinary		Purchase		262,500		3.7430  GBP
10p ordinary		Purchase		232,132		3.7601  GBP
10p ordinary		Purchase		187,257		3.7604  GBP
10p ordinary		Purchase		48,502		3.7821  GBP
10p ordinary		Purchase		39,355		3.7641  GBP
10p ordinary		Purchase		27,000		3.6653  GBP
10p ordinary		Purchase		23,331		3.7682  GBP
10p ordinary		Purchase		20,940		3.7845  GBP
10p ordinary		Purchase		14,335		3.7824  GBP
10p ordinary		Purchase		13,416		3.7626  GBP
10p ordinary		Purchase		7,069		3.7959  GBP
10p ordinary		Purchase		5,917		3.7410  GBP
10p ordinary		Purchase		5,579		3.7400  GBP
10p ordinary		Purchase		4,250		3.7884  GBP
10p ordinary		Purchase		3,007		3.7597  GBP
10p ordinary		Purchase		1,555		3.7673  GBP
10p ordinary		Purchase		1,262		3.8000  GBP
10p ordinary		Purchase		1,051		3.7708  GBP
10p ordinary		Purchase		876		3.7916  GBP
10p ordinary		Purchase		793		3.7980  GBP
10p ordinary		Purchase		743		3.7457  GBP
10p ordinary		Purchase		471		3.7300  GBP
10p ordinary		Purchase		407		3.7336  GBP
10p ordinary		Purchase		9		3.7589  GBP
10p ordinary		Sale		465,949		3.7777  GBP
10p ordinary		Sale		262,500		3.7605  GBP
10p ordinary		Sale		174,831		3.7600  GBP
10p ordinary		Sale		170,290		3.7757  GBP
10p ordinary		Sale		165,897		3.7601  GBP
10p ordinary		Sale		120,078		3.7811  GBP
10p ordinary		Sale		68,236		3.7712  GBP
10p ordinary		Sale		47,617		3.7735  GBP
10p ordinary		Sale		38,483		3.7734  GBP
10p ordinary		Sale		23,749		3.7645  GBP
10p ordinary		Sale		22,518		3.7632  GBP
10p ordinary		Sale		20,405		3.7778  GBP
10p ordinary		Sale		14,239		3.7832  GBP
10p ordinary		Sale		14,157		3.7876  GBP
10p ordinary		Sale		13,906		3.7827  GBP
10p ordinary		Sale		12,315		3.8000  GBP
10p ordinary		Sale		11,466		3.7760  GBP
10p ordinary		Sale		10,917		3.7665  GBP
10p ordinary		Sale		10,776		3.7660  GBP
10p ordinary		Sale		9,541		3.7596  GBP
10p ordinary		Sale		6,514		3.7646  GBP
10p ordinary		Sale		6,060		3.7787  GBP
10p ordinary		Sale		4,779		3.7610  GBP
10p ordinary		Sale		3,443		3.7707  GBP
10p ordinary		Sale		3,427		3.7545  GBP
10p ordinary		Sale		3,355		3.7628  GBP
10p ordinary		Sale		3,210		3.7802  GBP
10p ordinary		Sale		3,076		3.7585  GBP
10p ordinary		Sale		2,737		3.7784  GBP
10p ordinary		Sale		2,734		3.7800  GBP
10p ordinary		Sale		2,485		3.7582  GBP
10p ordinary		Sale		2,411		3.7500  GBP
10p ordinary		Sale		2,298		3.7518  GBP
10p ordinary		Sale		2,144		3.7824  GBP
10p ordinary		Sale		2,073		3.7841  GBP
10p ordinary		Sale		1,740		3.7400  GBP
10p ordinary		Sale		1,569		3.7380  GBP
10p ordinary		Sale		1,541		3.7503  GBP
10p ordinary		Sale		1,491		3.7857  GBP
10p ordinary		Sale		1,400		3.7880  GBP
10p ordinary		Sale		1,280		3.7980  GBP
10p ordinary		Sale		1,134		3.7780  GBP
10p ordinary		Sale		1,112		3.7403  GBP
10p ordinary		Sale		933		3.7300  GBP
10p ordinary		Sale		876		3.7920  GBP
10p ordinary		Sale		754		3.7820  GBP
10p ordinary		Sale		532		3.7432  GBP
10p ordinary		Sale		180		3.7320  GBP
10p ordinary		Sale		-35		3.7589  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		180	3.7320  GBP
10p ordinary		CFD		Decreasing Short		469	3.7956  GBP
10p ordinary		SWAP		Decreasing Short		532	3.7432  GBP
10p ordinary		CFD		Decreasing Short		671	3.7583  GBP
10p ordinary		CFD		Decreasing Short		1,262	3.8000  GBP
10p ordinary		SWAP		Decreasing Short		1,491	3.7857  GBP
10p ordinary		SWAP		Decreasing Short		2,073	3.7841  GBP
10p ordinary		CFD		Decreasing Short		3,910	3.7600  GBP
10p ordinary		CFD		Decreasing Short		10,239	3.7749  GBP
10p ordinary		SWAP		Decreasing Short		17,306	3.7821  GBP
10p ordinary		CFD		Decreasing Short		18,861	3.7951  GBP
10p ordinary		SWAP		Decreasing Short		36,249	3.7600  GBP
10p ordinary		CFD		Decreasing Short		105,289	3.7741  GBP
10p ordinary		SWAP		Decreasing Short		120,078	3.7811  GBP
10p ordinary		SWAP		Decreasing Short		262,500	3.7605  GBP
10p ordinary		SWAP		Decreasing Short		465,949	3.7777  GBP
10p ordinary		SWAP		Increasing Long		68,236	3.7712  GBP
10p ordinary		SWAP		Increasing Short		743	3.7457  GBP
10p ordinary		SWAP		Increasing Short		3,007	3.7597  GBP
10p ordinary		SWAP		Increasing Short		5,563	3.7748  GBP
10p ordinary		SWAP		Increasing Short		11,128	3.7751  GBP
10p ordinary		SWAP		Increasing Short		20,940	3.7845  GBP
10p ordinary		SWAP		Increasing Short		23,331	3.7682  GBP
10p ordinary		SWAP		Increasing Short		73,754	3.7596  GBP
10p ordinary		SWAP		Increasing Short		262,500	3.7430  GBP
10p ordinary		CFD		Increasing Short		357,642	3.7600  GBP
10p ordinary		SWAP		Opening Long		47,263	3.7641  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:				21 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END