Form 8.3 - DS SMITH PLC

Barclays PLC

12 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:				11 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:			32,717,169	2.37%	28,121,769	2.04%
(2)	Cash-settled derivatives:
	and/or controlled:			7,908,324	0.57%	32,359,577	2.35%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			40,625,493	2.94%	60,481,346	4.38%
(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		442,593		3.5600  GBP
10p ordinary		Purchase		440,548		3.5642  GBP
10p ordinary		Purchase		330,368		3.5947  GBP
10p ordinary		Purchase		275,133		3.5691  GBP
10p ordinary		Purchase		210,696		3.5845  GBP
10p ordinary		Purchase		76,980		3.5593  GBP
10p ordinary		Purchase		71,421		3.5598  GBP
10p ordinary		Purchase		43,468		3.5700  GBP
10p ordinary		Purchase		42,853		3.5820  GBP
10p ordinary		Purchase		33,206		3.5785  GBP
10p ordinary		Purchase		26,557		3.5644  GBP
10p ordinary		Purchase		23,927		3.5828  GBP
10p ordinary		Purchase		20,771		3.5681  GBP
10p ordinary		Purchase		19,486		3.5776  GBP
10p ordinary		Purchase		18,257		3.5766  GBP
10p ordinary		Purchase		11,738		3.5709  GBP
10p ordinary		Purchase		8,948		3.5804  GBP
10p ordinary		Purchase		8,331		3.5868  GBP
10p ordinary		Purchase		8,063		3.6074  GBP
10p ordinary		Purchase		6,974		3.5772  GBP
10p ordinary		Purchase		6,957		3.6008  GBP
10p ordinary		Purchase		6,687		3.5594  GBP
10p ordinary		Purchase		5,400		3.5695  GBP
10p ordinary		Purchase		3,909		3.5950  GBP
10p ordinary		Purchase		3,626		3.6072  GBP
10p ordinary		Purchase		3,403		3.5939  GBP
10p ordinary		Purchase		3,154		3.5586  GBP
10p ordinary		Purchase		3,100		3.6137  GBP
10p ordinary		Purchase		3,000		3.5610  GBP
10p ordinary		Purchase		2,555		3.5816  GBP
10p ordinary		Purchase		2,445		3.5934  GBP
10p ordinary		Purchase		1,879		3.5715  GBP
10p ordinary		Purchase		1,856		3.5721  GBP
10p ordinary		Purchase		1,575		3.6340  GBP
10p ordinary		Purchase		1,511		3.5760  GBP
10p ordinary		Purchase		1,493		3.5720  GBP
10p ordinary		Purchase		1,257		3.5736  GBP
10p ordinary		Purchase		1,107		3.5714  GBP
10p ordinary		Purchase		1,080		3.5640  GBP
10p ordinary		Purchase		1,042		3.6300  GBP
10p ordinary		Purchase		996		3.5920  GBP
10p ordinary		Purchase		886		3.5680  GBP
10p ordinary		Purchase		857		3.5900  GBP
10p ordinary		Purchase		817		3.5780  GBP
10p ordinary		Purchase		813		3.5540  GBP
10p ordinary		Purchase		777		3.5660  GBP
10p ordinary		Purchase		773		3.6324  GBP
10p ordinary		Purchase		762		3.5840  GBP
10p ordinary		Purchase		755		3.5740  GBP
10p ordinary		Purchase		738		3.5863  GBP
10p ordinary		Purchase		458		3.5811  GBP
10p ordinary		Purchase		339		3.5755  GBP
10p ordinary		Purchase		270		3.5589  GBP
10p ordinary		Purchase		194		3.5860  GBP
10p ordinary		Purchase		76		3.5880  GBP
10p ordinary		Purchase		26		3.6040  GBP
10p ordinary		Purchase		2		3.5940  GBP
10p ordinary		Purchase		1		3.5750  GBP
10p ordinary		Sale		1,140,327		3.6100  GBP
10p ordinary		Sale		508,889		3.5617  GBP
10p ordinary		Sale		281,555		3.5600  GBP
10p ordinary		Sale		270,927		3.5648  GBP
10p ordinary		Sale		150,000		3.5641  GBP
10p ordinary		Sale		127,300		3.5861  GBP
10p ordinary		Sale		99,301		3.5605  GBP
10p ordinary		Sale		67,015		3.5794  GBP
10p ordinary		Sale		62,798		3.5632  GBP
10p ordinary		Sale		56,030		3.5962  GBP
10p ordinary		Sale		37,547		3.6142  GBP
10p ordinary		Sale		30,000		3.5705  GBP
10p ordinary		Sale		28,949		3.5831  GBP
10p ordinary		Sale		25,587		3.5952  GBP
10p ordinary		Sale		23,016		3.5860  GBP
10p ordinary		Sale		21,512		3.6004  GBP
10p ordinary		Sale		19,023		3.5832  GBP
10p ordinary		Sale		14,798		3.5842  GBP
10p ordinary		Sale		14,051		3.5720  GBP
10p ordinary		Sale		10,165		3.5823  GBP
10p ordinary		Sale		8,626		3.5736  GBP
10p ordinary		Sale		7,816		3.6027  GBP
10p ordinary		Sale		7,801		3.5751  GBP
10p ordinary		Sale		7,523		3.5991  GBP
10p ordinary		Sale		7,511		3.5771  GBP
10p ordinary		Sale		6,848		3.5855  GBP
10p ordinary		Sale		6,821		3.5896  GBP
10p ordinary		Sale		6,347		3.5935  GBP
10p ordinary		Sale		6,185		3.5713  GBP
10p ordinary		Sale		5,055		3.6092  GBP
10p ordinary		Sale		4,736		3.5749  GBP
10p ordinary		Sale		4,332		3.5712  GBP
10p ordinary		Sale		4,323		3.5958  GBP
10p ordinary		Sale		4,155		3.5918  GBP
10p ordinary		Sale		3,362		3.6137  GBP
10p ordinary		Sale		2,783		3.5718  GBP
10p ordinary		Sale		2,390		3.5722  GBP
10p ordinary		Sale		1,042		3.6300  GBP
10p ordinary		Sale		996		3.5920  GBP
10p ordinary		Sale		832		3.6340  GBP
10p ordinary		Sale		813		3.5540  GBP
10p ordinary		Sale		777		3.5660  GBP
10p ordinary		Sale		773		3.6328  GBP
10p ordinary		Sale		762		3.5840  GBP
10p ordinary		Sale		738		3.5866  GBP
10p ordinary		Sale		567		3.5820  GBP
10p ordinary		Sale		339		3.5758  GBP
10p ordinary		Sale		231		3.5643  GBP
10p ordinary		Sale		76		3.5880  GBP
10p ordinary		Sale		30		3.6040  GBP
10p ordinary		Sale		22		3.5900  GBP
10p ordinary		Sale		14		3.5960  GBP
10p ordinary		Sale		2		3.5940  GBP
10p ordinary		Sale		1,518		3.5589  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		1,611	3.6084  GBP
10p ordinary		SWAP		Decreasing Long		1,879	3.5715  GBP
10p ordinary		SWAP		Decreasing Long		5,346	3.5985  GBP
10p ordinary		SWAP		Decreasing Long		83,925	3.5605  GBP
10p ordinary		SWAP		Decreasing Short		35	3.6400  GBP
10p ordinary		CFD		Decreasing Short		358	3.6220  GBP
10p ordinary		CFD		Decreasing Short		529	3.6219  GBP
10p ordinary		CFD		Decreasing Short		3,804	3.5769  GBP
10p ordinary		SWAP		Decreasing Short		5,055	3.6092  GBP
10p ordinary		CFD		Decreasing Short		5,445	3.5757  GBP
10p ordinary		SWAP		Decreasing Short		7,523	3.5991  GBP
10p ordinary		SWAP		Decreasing Short		7,816	3.6027  GBP
10p ordinary		SWAP		Decreasing Short		45,864	3.5600  GBP
10p ordinary		CFD		Decreasing Short		54,448	3.5711  GBP
10p ordinary		SWAP		Decreasing Short		62,798	3.5632  GBP
10p ordinary		CFD		Decreasing Short		237,531	3.5600  GBP
10p ordinary		SWAP		Decreasing Short		1,140,327	3.6100  GBP
10p ordinary		SWAP		Increasing Long		67,015	3.5794  GBP
10p ordinary		SWAP		Increasing Short		2	3.5920  GBP
10p ordinary		SWAP		Increasing Short		4	3.5930  GBP
10p ordinary		CFD		Increasing Short		358	3.6220  GBP
10p ordinary		CFD		Increasing Short		529	3.6219  GBP
10p ordinary		SWAP		Increasing Short		2,555	3.5816  GBP
10p ordinary		SWAP		Increasing Short		3,626	3.6072  GBP
10p ordinary		SWAP		Increasing Short		8,063	3.6074  GBP
10p ordinary		CFD		Increasing Short		9,620	3.5600  GBP
10p ordinary		CFD		Increasing Short		13,000	3.5942  GBP
10p ordinary		SWAP		Increasing Short		20,485	3.5742  GBP
10p ordinary		SWAP		Increasing Short		28,726	3.5627  GBP
10p ordinary		SWAP		Increasing Short		42,286	3.5820  GBP
10p ordinary		SWAP		Increasing Short		162,227	3.5600  GBP
10p ordinary		SWAP		Increasing Short		186,418	3.5600  GBP
10p ordinary		SWAP		Increasing Short		210,696	3.5845  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:				12 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END