Form 8.3 -DS SMITH PLC

Barclays PLC

10 June 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:				07 Jun 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:			32,755,990	2.37%	24,826,675	1.80%
(2)	Cash-settled derivatives:
	and/or controlled:			8,023,936	0.58%	31,541,732	2.29%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			40,779,926	2.96%	56,368,407	4.09%
(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		1,125,000		3.7273  GBP
10p ordinary		Purchase		237,441		3.7072  GBP
10p ordinary		Purchase		157,969		3.7283  GBP
10p ordinary		Purchase		154,315		3.7040  GBP
10p ordinary		Purchase		129,886		3.7279  GBP
10p ordinary		Purchase		78,023		3.7290  GBP
10p ordinary		Purchase		70,393		3.7270  GBP
10p ordinary		Purchase		63,201		3.7274  GBP
10p ordinary		Purchase		56,851		3.7101  GBP
10p ordinary		Purchase		34,885		3.7325  GBP
10p ordinary		Purchase		15,462		3.7245  GBP
10p ordinary		Purchase		10,299		3.7309  GBP
10p ordinary		Purchase		9,273		3.7244  GBP
10p ordinary		Purchase		8,040		3.7242  GBP
10p ordinary		Purchase		7,540		3.7282  GBP
10p ordinary		Purchase		6,795		3.7284  GBP
10p ordinary		Purchase		6,624		3.7291  GBP
10p ordinary		Purchase		5,662		3.7300  GBP
10p ordinary		Purchase		5,646		3.7315  GBP
10p ordinary		Purchase		4,741		3.7266  GBP
10p ordinary		Purchase		4,611		3.7229  GBP
10p ordinary		Purchase		3,713		3.7317  GBP
10p ordinary		Purchase		3,194		3.7280  GBP
10p ordinary		Purchase		3,163		3.7200  GBP
10p ordinary		Purchase		2,968		3.7342  GBP
10p ordinary		Purchase		2,407		3.7150  GBP
10p ordinary		Purchase		2,160		3.7258  GBP
10p ordinary		Purchase		2,099		3.7352  GBP
10p ordinary		Purchase		1,975		3.7240  GBP
10p ordinary		Purchase		1,916		3.7381  GBP
10p ordinary		Purchase		1,914		3.7230  GBP
10p ordinary		Purchase		1,892		3.7199  GBP
10p ordinary		Purchase		1,801		3.7313  GBP
10p ordinary		Purchase		1,667		3.7347  GBP
10p ordinary		Purchase		1,652		3.7260  GBP
10p ordinary		Purchase		1,650		3.7327  GBP
10p ordinary		Purchase		1,513		3.7120  GBP
10p ordinary		Purchase		1,238		3.7380  GBP
10p ordinary		Purchase		1,185		3.7400  GBP
10p ordinary		Purchase		1,114		3.7330  GBP
10p ordinary		Purchase		814		3.7440  GBP
10p ordinary		Purchase		748		3.7360  GBP
10p ordinary		Purchase		300		3.7122  GBP
10p ordinary		Purchase		146		3.7076  GBP
10p ordinary		Purchase		65		3.7320  GBP
10p ordinary		Purchase		20		3.7430  GBP
10p ordinary		Purchase		20		3.7340  GBP
10p ordinary		Sale		1,799,386		3.7240  GBP
10p ordinary		Sale		656,300		3.7269  GBP
10p ordinary		Sale		238,491		3.7060  GBP
10p ordinary		Sale		208,866		3.7040  GBP
10p ordinary		Sale		182,013		3.7293  GBP
10p ordinary		Sale		142,898		3.7273  GBP
10p ordinary		Sale		139,324		3.7256  GBP
10p ordinary		Sale		127,338		3.7300  GBP
10p ordinary		Sale		90,000		3.7165  GBP
10p ordinary		Sale		70,121		3.7272  GBP
10p ordinary		Sale		56,930		3.7034  GBP
10p ordinary		Sale		46,982		3.7252  GBP
10p ordinary		Sale		38,483		3.7274  GBP
10p ordinary		Sale		10,065		3.7291  GBP
10p ordinary		Sale		10,009		3.7260  GBP
10p ordinary		Sale		9,953		3.7303  GBP
10p ordinary		Sale		9,808		3.7325  GBP
10p ordinary		Sale		9,473		3.7259  GBP
10p ordinary		Sale		6,748		3.7144  GBP
10p ordinary		Sale		6,677		3.7285  GBP
10p ordinary		Sale		5,592		3.7242  GBP
10p ordinary		Sale		4,992		3.7166  GBP
10p ordinary		Sale		4,375		3.7270  GBP
10p ordinary		Sale		3,727		3.7280  GBP
10p ordinary		Sale		3,019		3.7271  GBP
10p ordinary		Sale		2,482		3.7320  GBP
10p ordinary		Sale		2,194		3.7318  GBP
10p ordinary		Sale		2,119		3.7253  GBP
10p ordinary		Sale		1,821		3.7226  GBP
10p ordinary		Sale		1,513		3.7120  GBP
10p ordinary		Sale		1,448		3.7200  GBP
10p ordinary		Sale		1,238		3.7380  GBP
10p ordinary		Sale		776		3.7313  GBP
10p ordinary		Sale		760		3.7345  GBP
10p ordinary		Sale		600		3.7035  GBP
10p ordinary		Sale		301		3.7220  GBP
10p ordinary		Sale		248		3.7254  GBP
10p ordinary		Sale		206		3.7241  GBP
10p ordinary		Sale		189		3.7191  GBP
10p ordinary		Sale		20		3.7340  GBP
10p ordinary		Sale		20		3.7430  GBP
10p ordinary		Sale		67		3.7018  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		300	3.7122  GBP
10p ordinary		SWAP		Decreasing Long		2,543	3.7200  GBP
10p ordinary		SWAP		Decreasing Long		63,201	3.7274  GBP
10p ordinary		SWAP		Decreasing Short		269	3.7340  GBP
10p ordinary		SWAP		Decreasing Short		301	3.7220  GBP
10p ordinary		CFD		Decreasing Short		7,422	3.7280  GBP
10p ordinary		CFD		Decreasing Short		14,614	3.7177  GBP
10p ordinary		SWAP		Decreasing Short		70,121	3.7272  GBP
10p ordinary		SWAP		Decreasing Short		71,115	3.7055  GBP
10p ordinary		SWAP		Decreasing Short		142,898	3.7273  GBP
10p ordinary		CFD		Decreasing Short		181,677	3.7039  GBP
10p ordinary		SWAP		Decreasing Short		1,777,480	3.7240  GBP
10p ordinary		SWAP		Increasing Long		6,677	3.7285  GBP
10p ordinary		SWAP		Increasing Long		57,530	3.7034  GBP
10p ordinary		SWAP		Increasing Short		6	3.7300  GBP
10p ordinary		SWAP		Increasing Short		584	3.7400  GBP
10p ordinary		SWAP		Increasing Short		2,099	3.7352  GBP
10p ordinary		CFD		Increasing Short		2,574	3.7246  GBP
10p ordinary		SWAP		Increasing Short		2,968	3.7342  GBP
10p ordinary		SWAP		Increasing Short		6,435	3.7193  GBP
10p ordinary		CFD		Increasing Short		7,422	3.7280  GBP
10p ordinary		CFD		Increasing Short		48,511	3.7043  GBP
10p ordinary		SWAP		Increasing Short		65,804	3.7040  GBP
10p ordinary		SWAP		Increasing Short		86,956	3.7040  GBP
10p ordinary		SWAP		Increasing Short		156,234	3.7283  GBP
10p ordinary		SWAP		Opening Short		29,816	3.7203  GBP
10p ordinary		SWAP		Opening Short		31,085	3.7265  GBP
10p ordinary		SWAP		Opening Short		200,000	6.0481  USD
(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:				10 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END