Form 8.3 -DS SMITH PLC

Barclays PLC

24 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:				21 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:			24,060,686	1.74%	32,545,428	2.36%
(2)	Cash-settled derivatives:
	and/or controlled:			8,981,419	0.65%	23,142,138	1.68%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			33,042,105	2.40%	55,687,566	4.04%
(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		2,545,761		3.6140  GBP
10p ordinary		Purchase		503,836		3.6136  GBP
10p ordinary		Purchase		222,676		3.6131  GBP
10p ordinary		Purchase		183,372		3.6004  GBP
10p ordinary		Purchase		72,963		3.6039  GBP
10p ordinary		Purchase		58,710		3.6137  GBP
10p ordinary		Purchase		43,722		3.6000  GBP
10p ordinary		Purchase		22,266		3.6027  GBP
10p ordinary		Purchase		20,238		3.5953  GBP
10p ordinary		Purchase		11,560		3.6117  GBP
10p ordinary		Purchase		8,550		3.6101  GBP
10p ordinary		Purchase		6,540		3.6060  GBP
10p ordinary		Purchase		5,605		3.6075  GBP
10p ordinary		Purchase		4,682		3.6046  GBP
10p ordinary		Purchase		4,362		3.5946  GBP
10p ordinary		Purchase		4,117		3.5931  GBP
10p ordinary		Purchase		4,047		3.6092  GBP
10p ordinary		Purchase		3,719		3.5973  GBP
10p ordinary		Purchase		2,351		3.5967  GBP
10p ordinary		Purchase		2,235		3.6051  GBP
10p ordinary		Purchase		1,672		3.6030  GBP
10p ordinary		Purchase		1,295		3.5984  GBP
10p ordinary		Purchase		1,103		3.5940  GBP
10p ordinary		Purchase		1,091		3.6080  GBP
10p ordinary		Purchase		914		3.5880  GBP
10p ordinary		Purchase		761		3.6087  GBP
10p ordinary		Sale		7,358,152		3.6132  GBP
10p ordinary		Sale		3,011,308		3.6140  GBP
10p ordinary		Sale		282,478		3.6133  GBP
10p ordinary		Sale		243,304		3.6116  GBP
10p ordinary		Sale		175,650		3.6004  GBP
10p ordinary		Sale		150,273		3.5967  GBP
10p ordinary		Sale		124,072		3.5920  GBP
10p ordinary		Sale		114,214		3.6031  GBP
10p ordinary		Sale		60,770		3.6003  GBP
10p ordinary		Sale		46,134		3.6134  GBP
10p ordinary		Sale		42,045		3.6000  GBP
10p ordinary		Sale		35,839		3.6050  GBP
10p ordinary		Sale		30,108		3.6044  GBP
10p ordinary		Sale		25,805		3.5988  GBP
10p ordinary		Sale		15,312		3.5929  GBP
10p ordinary		Sale		6,540		3.6060  GBP
10p ordinary		Sale		6,440		3.6138  GBP
10p ordinary		Sale		6,344		3.6005  GBP
10p ordinary		Sale		5,605		3.6078  GBP
10p ordinary		Sale		3,299		3.5918  GBP
10p ordinary		Sale		2,816		3.5961  GBP
10p ordinary		Sale		1,897		3.6008  GBP
10p ordinary		Sale		1,295		3.5987  GBP
10p ordinary		Sale		1,091		3.6083  GBP
10p ordinary		Sale		914		3.5880  GBP
10p ordinary		Sale		903		3.6010  GBP
10p ordinary		Sale		2,400		3.6119  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		CFD		Closing Short		450	3.6140  GBP
10p ordinary		CFD		Closing Short		1,744	3.6059  GBP
10p ordinary		CFD		Closing Short		42,045	3.6000  GBP
10p ordinary		SWAP		Decreasing Long		4,047	3.6092  GBP
10p ordinary		SWAP		Decreasing Long		25,000	3.5952  GBP
10p ordinary		SWAP		Decreasing Short		1,897	3.6008  GBP
10p ordinary		SWAP		Decreasing Short		3,299	3.5918  GBP
10p ordinary		SWAP		Decreasing Short		6,440	3.6138  GBP
10p ordinary		SWAP		Decreasing Short		15,312	3.5929  GBP
10p ordinary		SWAP		Decreasing Short		25,805	3.5988  GBP
10p ordinary		SWAP		Decreasing Short		100,070	3.6007  GBP
10p ordinary		SWAP		Decreasing Short		150,273	3.5967  GBP
10p ordinary		SWAP		Decreasing Short		152,140	3.6015  GBP
10p ordinary		SWAP		Decreasing Short		282,478	3.6132  GBP
10p ordinary		SWAP		Decreasing Short		871,306	3.6100  GBP
10p ordinary		SWAP		Decreasing Short		1,677,355	3.6140  GBP
10p ordinary		SWAP		Decreasing Short		2,162,330	3.6135  GBP
10p ordinary		SWAP		Decreasing Short		135,866	3.6121  GBP
10p ordinary		SWAP		Increasing Long		15,396	3.6134  GBP
10p ordinary		SWAP		Increasing Long		17,273	3.6132  GBP
10p ordinary		SWAP		Increasing Long		21,161	3.6137  GBP
10p ordinary		SWAP		Increasing Long		35,839	3.6050  GBP
10p ordinary		SWAP		Increasing Long		114,214	3.6031  GBP
10p ordinary		SWAP		Increasing Short		2,351	3.5967  GBP
10p ordinary		SWAP		Increasing Short		2,528	3.6004  GBP
10p ordinary		SWAP		Increasing Short		72,963	3.6040  GBP
10p ordinary		SWAP		Increasing Short		96,643	3.6034  GBP
10p ordinary		CFD		Opening Long		450	3.6140  GBP
10p ordinary		CFD		Opening Long		1,744	3.6059  GBP
10p ordinary		CFD		Opening Long		2,175,016	3.6139  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:				24 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END