Form 8.3 -DS SMITH PLC

Barclays PLC

20 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:				19 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:			31,009,717	2.25%	30,671,287	2.22%
(2)	Cash-settled derivatives:
	and/or controlled:			7,421,643	0.54%	30,238,558	2.19%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			38,431,360	2.79%	60,909,845	4.42%
(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		333,914		3.5227  GBP
10p ordinary		Purchase		58,464		3.5294  GBP
10p ordinary		Purchase		31,885		3.5261  GBP
10p ordinary		Purchase		13,078		3.5501  GBP
10p ordinary		Purchase		12,381		3.5887  GBP
10p ordinary		Purchase		11,422		3.5695  GBP
10p ordinary		Purchase		9,554		3.5681  GBP
10p ordinary		Purchase		8,009		3.5665  GBP
10p ordinary		Purchase		7,042		3.5677  GBP
10p ordinary		Purchase		4,194		3.5578  GBP
10p ordinary		Purchase		3,970		3.5740  GBP
10p ordinary		Purchase		3,816		3.5350  GBP
10p ordinary		Purchase		3,179		3.5324  GBP
10p ordinary		Purchase		2,664		3.5940  GBP
10p ordinary		Purchase		2,210		3.5999  GBP
10p ordinary		Purchase		1,469		3.5791  GBP
10p ordinary		Purchase		1,035		3.6119  GBP
10p ordinary		Purchase		841		3.5287  GBP
10p ordinary		Purchase		726		3.6120  GBP
10p ordinary		Purchase		632		3.5440  GBP
10p ordinary		Purchase		610		3.5670  GBP
10p ordinary		Purchase		524		3.5640  GBP
10p ordinary		Purchase		511		3.5920  GBP
10p ordinary		Purchase		446		3.5900  GBP
10p ordinary		Purchase		408		3.5200  GBP
10p ordinary		Sale		234,964		3.5040  GBP
10p ordinary		Sale		140,827		3.5200  GBP
10p ordinary		Sale		103,221		3.6099  GBP
10p ordinary		Sale		92,045		3.5748  GBP
10p ordinary		Sale		86,066		3.5391  GBP
10p ordinary		Sale		62,012		3.5731  GBP
10p ordinary		Sale		36,648		3.5691  GBP
10p ordinary		Sale		36,240		3.5761  GBP
10p ordinary		Sale		32,408		3.5202  GBP
10p ordinary		Sale		25,118		3.5457  GBP
10p ordinary		Sale		25,000		3.5890  GBP
10p ordinary		Sale		13,382		3.5201  GBP
10p ordinary		Sale		8,152		3.5475  GBP
10p ordinary		Sale		6,486		3.5733  GBP
10p ordinary		Sale		6,368		3.5614  GBP
10p ordinary		Sale		4,204		3.5709  GBP
10p ordinary		Sale		1,585		3.5349  GBP
10p ordinary		Sale		1,100		3.5560  GBP
10p ordinary		Sale		802		3.5680  GBP
10p ordinary		Sale		724		3.5198  GBP
10p ordinary		Sale		632		3.5440  GBP
10p ordinary		Sale		516		3.5600  GBP
10p ordinary		Sale		102		3.5720  GBP
10p ordinary		Sale		20		3.5189  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		524	3.5640  GBP
10p ordinary		SWAP		Decreasing Long		546	3.5202  GBP
10p ordinary		SWAP		Decreasing Long		9,554	3.5681  GBP
10p ordinary		CFD		Decreasing Short		1	3.5400  GBP
10p ordinary		SWAP		Decreasing Short		459	3.5440  GBP
10p ordinary		CFD		Decreasing Short		632	3.5440  GBP
10p ordinary		SWAP		Decreasing Short		724	3.5198  GBP
10p ordinary		SWAP		Decreasing Short		1,585	3.5349  GBP
10p ordinary		CFD		Decreasing Short		3,152	3.4959  GBP
10p ordinary		SWAP		Decreasing Short		8,152	3.5475  GBP
10p ordinary		SWAP		Decreasing Short		25,000	3.5890  GBP
10p ordinary		CFD		Decreasing Short		35,209	3.5200  GBP
10p ordinary		SWAP		Decreasing Short		42,506	3.5647  GBP
10p ordinary		SWAP		Decreasing Short		62,012	3.5731  GBP
10p ordinary		SWAP		Decreasing Short		63,145	3.5281  GBP
10p ordinary		SWAP		Decreasing Short		103,221	3.6099  GBP
10p ordinary		SWAP		Decreasing Short		234,964	3.5040  GBP
10p ordinary		SWAP		Increasing Long		36,240	3.5761  GBP
10p ordinary		SWAP		Increasing Short		841	3.5287  GBP
10p ordinary		SWAP		Increasing Short		1,469	3.5791  GBP
10p ordinary		CFD		Increasing Short		2,398	3.5200  GBP
10p ordinary		CFD		Increasing Short		3,152	3.4959  GBP
10p ordinary		SWAP		Increasing Short		3,816	3.5350  GBP
10p ordinary		SWAP		Increasing Short		20,688	3.5500  GBP
10p ordinary		SWAP		Increasing Short		22,644	3.5446  GBP
10p ordinary		SWAP		Increasing Short		31,885	3.5261  GBP
10p ordinary		SWAP		Increasing Short		69,056	3.5206  GBP
10p ordinary		SWAP		Increasing Short		181,998	3.5200  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:				20 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END