Form 8.3 -DS SMITH PLC

Barclays PLC

18 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:				17 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:			31,512,812	2.28%	27,518,554	1.99%
(2)	Cash-settled derivatives:
	and/or controlled:			7,520,550	0.55%	30,743,349	2.23%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			39,033,362	2.83%	58,261,903	4.22%
(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		359,368		3.4725  GBP
10p ordinary		Purchase		201,840		3.4720  GBP
10p ordinary		Purchase		103,221		3.5368  GBP
10p ordinary		Purchase		91,955		3.4718  GBP
10p ordinary		Purchase		60,688		3.4710  GBP
10p ordinary		Purchase		57,642		3.4633  GBP
10p ordinary		Purchase		32,200		3.5066  GBP
10p ordinary		Purchase		26,443		3.4793  GBP
10p ordinary		Purchase		17,716		3.4920  GBP
10p ordinary		Purchase		10,746		3.4759  GBP
10p ordinary		Purchase		9,607		3.4845  GBP
10p ordinary		Purchase		8,890		3.4712  GBP
10p ordinary		Purchase		8,465		3.4641  GBP
10p ordinary		Purchase		7,779		3.4769  GBP
10p ordinary		Purchase		6,279		3.4842  GBP
10p ordinary		Purchase		5,533		3.4513  GBP
10p ordinary		Purchase		5,304		3.4622  GBP
10p ordinary		Purchase		4,654		3.4637  GBP
10p ordinary		Purchase		3,913		3.5232  GBP
10p ordinary		Purchase		3,833		3.4855  GBP
10p ordinary		Purchase		3,061		3.4834  GBP
10p ordinary		Purchase		2,536		3.4951  GBP
10p ordinary		Purchase		2,359		3.4980  GBP
10p ordinary		Purchase		2,280		3.4690  GBP
10p ordinary		Purchase		1,703		3.5046  GBP
10p ordinary		Purchase		1,529		3.5142  GBP
10p ordinary		Purchase		927		3.4748  GBP
10p ordinary		Purchase		917		3.4640  GBP
10p ordinary		Purchase		669		3.4950  GBP
10p ordinary		Purchase		570		3.4900  GBP
10p ordinary		Purchase		22		3.4520  GBP
10p ordinary		Sale		229,043		3.4720  GBP
10p ordinary		Sale		180,637		3.5184  GBP
10p ordinary		Sale		175,220		3.4738  GBP
10p ordinary		Sale		131,560		3.4779  GBP
10p ordinary		Sale		80,900		3.4769  GBP
10p ordinary		Sale		25,071		3.5219  GBP
10p ordinary		Sale		23,972		3.4701  GBP
10p ordinary		Sale		19,784		3.4707  GBP
10p ordinary		Sale		19,305		3.4714  GBP
10p ordinary		Sale		12,743		3.5466  GBP
10p ordinary		Sale		6,271		3.5064  GBP
10p ordinary		Sale		5,022		3.5121  GBP
10p ordinary		Sale		4,997		3.4982  GBP
10p ordinary		Sale		4,754		3.5143  GBP
10p ordinary		Sale		2,374		3.5042  GBP
10p ordinary		Sale		2,272		3.4998  GBP
10p ordinary		Sale		1,615		3.5196  GBP
10p ordinary		Sale		962		3.5034  GBP
10p ordinary		Sale		750		3.5430  GBP
10p ordinary		Sale		239		3.4460  GBP
10p ordinary		Sale		198		3.4710  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		54,800	3.4721  GBP
10p ordinary		SWAP		Decreasing Long		57,642	3.4633  GBP
10p ordinary		SWAP		Decreasing Short		976	3.5640  GBP
10p ordinary		CFD		Decreasing Short		1,082	3.4719  GBP
10p ordinary		CFD		Decreasing Short		2,669	3.4547  GBP
10p ordinary		SWAP		Decreasing Short		5,022	3.5121  GBP
10p ordinary		SWAP		Decreasing Short		8,414	3.4955  GBP
10p ordinary		SWAP		Decreasing Short		14,766	3.4696  GBP
10p ordinary		SWAP		Decreasing Short		23,972	3.4701  GBP
10p ordinary		SWAP		Decreasing Short		25,071	3.5219  GBP
10p ordinary		SWAP		Decreasing Short		43,771	3.4741  GBP
10p ordinary		CFD		Decreasing Short		127,969	3.4720  GBP
10p ordinary		SWAP		Decreasing Short		180,637	3.5184  GBP
10p ordinary		SWAP		Increasing Long		4,754	3.5143  GBP
10p ordinary		SWAP		Increasing Long		19,305	3.4714  GBP
10p ordinary		SWAP		Increasing Short		4	3.5475  GBP
10p ordinary		CFD		Increasing Short		1,082	3.4719  GBP
10p ordinary		SWAP		Increasing Short		2,359	3.4980  GBP
10p ordinary		SWAP		Increasing Short		2,836	3.4776  GBP
10p ordinary		SWAP		Increasing Short		3,913	3.5232  GBP
10p ordinary		SWAP		Increasing Short		5,533	3.4513  GBP
10p ordinary		SWAP		Increasing Short		17,067	3.4634  GBP
10p ordinary		CFD		Increasing Short		17,422	3.4625  GBP
10p ordinary		SWAP		Increasing Short		23,780	3.4846  GBP
10p ordinary		SWAP		Increasing Short		59,038	3.4710  GBP
10p ordinary		SWAP		Increasing Short		66,485	3.4720  GBP
10p ordinary		SWAP		Increasing Short		90,155	3.4720  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:				18 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END