Form 8.3 - DS SMITH PLC

Barclays PLC

25 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:				24 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:			23,842,476	1.73%	32,693,061	2.37%
(2)	Cash-settled derivatives:
	and/or controlled:			9,074,801	0.66%	22,898,271	1.66%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			32,917,277	2.39%	55,591,332	4.03%
(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		359,104		3.6307  GBP
10p ordinary		Purchase		331,964		3.6536  GBP
10p ordinary		Purchase		288,108		3.6535  GBP
10p ordinary		Purchase		153,829		3.6560  GBP
10p ordinary		Purchase		149,898		3.6267  GBP
10p ordinary		Purchase		116,614		3.6194  GBP
10p ordinary		Purchase		87,740		3.6351  GBP
10p ordinary		Purchase		40,000		3.6078  GBP
10p ordinary		Purchase		27,757		3.6648  GBP
10p ordinary		Purchase		27,468		3.6427  GBP
10p ordinary		Purchase		15,477		3.6472  GBP
10p ordinary		Purchase		9,330		3.6465  GBP
10p ordinary		Purchase		8,562		3.6316  GBP
10p ordinary		Purchase		8,021		3.6462  GBP
10p ordinary		Purchase		7,185		3.6435  GBP
10p ordinary		Purchase		6,072		3.6542  GBP
10p ordinary		Purchase		5,616		3.6240  GBP
10p ordinary		Purchase		4,707		3.6531  GBP
10p ordinary		Purchase		4,520		3.6386  GBP
10p ordinary		Purchase		4,227		3.6155  GBP
10p ordinary		Purchase		3,503		3.6363  GBP
10p ordinary		Purchase		3,027		3.6153  GBP
10p ordinary		Purchase		2,543		3.6000  GBP
10p ordinary		Purchase		2,473		3.6463  GBP
10p ordinary		Purchase		1,977		3.6161  GBP
10p ordinary		Purchase		1,948		3.6149  GBP
10p ordinary		Purchase		1,609		3.6424  GBP
10p ordinary		Purchase		1,545		3.6107  GBP
10p ordinary		Purchase		1,461		3.6010  GBP
10p ordinary		Purchase		1,411		3.6380  GBP
10p ordinary		Purchase		1,384		3.6530  GBP
10p ordinary		Purchase		1,299		3.6260  GBP
10p ordinary		Purchase		1,047		3.6700  GBP
10p ordinary		Purchase		1,042		3.6640  GBP
10p ordinary		Purchase		1,013		3.6480  GBP
10p ordinary		Purchase		962		3.6540  GBP
10p ordinary		Purchase		941		3.6570  GBP
10p ordinary		Purchase		925		3.6340  GBP
10p ordinary		Purchase		918		3.6026  GBP
10p ordinary		Purchase		797		3.6600  GBP
10p ordinary		Purchase		681		3.6020  GBP
10p ordinary		Purchase		514		3.6261  GBP
10p ordinary		Purchase		320		3.6740  GBP
10p ordinary		Purchase		202		3.6280  GBP
10p ordinary		Sale		378,281		3.6503  GBP
10p ordinary		Sale		217,392		3.6539  GBP
10p ordinary		Sale		203,346		3.6320  GBP
10p ordinary		Sale		161,612		3.6561  GBP
10p ordinary		Sale		159,586		3.6215  GBP
10p ordinary		Sale		157,991		3.6280  GBP
10p ordinary		Sale		147,179		3.6560  GBP
10p ordinary		Sale		120,420		3.6552  GBP
10p ordinary		Sale		73,864		3.6238  GBP
10p ordinary		Sale		73,673		3.6295  GBP
10p ordinary		Sale		61,866		3.6340  GBP
10p ordinary		Sale		50,432		3.6370  GBP
10p ordinary		Sale		29,683		3.6242  GBP
10p ordinary		Sale		25,102		3.6249  GBP
10p ordinary		Sale		24,797		3.6402  GBP
10p ordinary		Sale		22,361		3.6192  GBP
10p ordinary		Sale		17,186		3.6250  GBP
10p ordinary		Sale		16,297		3.6252  GBP
10p ordinary		Sale		14,661		3.6297  GBP
10p ordinary		Sale		12,077		3.6078  GBP
10p ordinary		Sale		9,592		3.6151  GBP
10p ordinary		Sale		8,407		3.6225  GBP
10p ordinary		Sale		8,407		3.6239  GBP
10p ordinary		Sale		8,301		3.6193  GBP
10p ordinary		Sale		7,521		3.6428  GBP
10p ordinary		Sale		7,105		3.6243  GBP
10p ordinary		Sale		4,519		3.6146  GBP
10p ordinary		Sale		3,848		3.6240  GBP
10p ordinary		Sale		3,567		3.6434  GBP
10p ordinary		Sale		3,088		3.6559  GBP
10p ordinary		Sale		2,984		3.6259  GBP
10p ordinary		Sale		2,508		3.6035  GBP
10p ordinary		Sale		2,208		3.6290  GBP
10p ordinary		Sale		1,949		3.6156  GBP
10p ordinary		Sale		1,787		3.6020  GBP
10p ordinary		Sale		1,756		3.6055  GBP
10p ordinary		Sale		1,299		3.6260  GBP
10p ordinary		Sale		1,086		3.6335  GBP
10p ordinary		Sale		1,047		3.6700  GBP
10p ordinary		Sale		1,042		3.6640  GBP
10p ordinary		Sale		1,013		3.6480  GBP
10p ordinary		Sale		988		3.6230  GBP
10p ordinary		Sale		962		3.6540  GBP
10p ordinary		Sale		797		3.6600  GBP
10p ordinary		Sale		777		3.6200  GBP
10p ordinary		Sale		620		3.6080  GBP
10p ordinary		Sale		320		3.6740  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		Decreasing Long		7	3.6557  GBP
10p ordinary		SWAP		Decreasing Long		681	3.6020  GBP
10p ordinary		CFD		Decreasing Long		9,577	3.6559  GBP
10p ordinary		SWAP		Decreasing Long		13,587	3.6373  GBP
10p ordinary		CFD		Decreasing Long		105,430	3.6560  GBP
10p ordinary		SWAP		Decreasing Short		620	3.6080  GBP
10p ordinary		SWAP		Decreasing Short		2,152	3.5892  GBP
10p ordinary		SWAP		Decreasing Short		3,088	3.6559  GBP
10p ordinary		SWAP		Decreasing Short		4,519	3.6146  GBP
10p ordinary		SWAP		Decreasing Short		37,559	3.6345  GBP
10p ordinary		SWAP		Decreasing Short		39,515	3.6241  GBP
10p ordinary		SWAP		Decreasing Short		73,864	3.6238  GBP
10p ordinary		SWAP		Decreasing Short		112,164	3.6215  GBP
10p ordinary		SWAP		Decreasing Short		135,136	3.6560  GBP
10p ordinary		SWAP		Decreasing Short		156,278	3.6560  GBP
10p ordinary		CFD		Increasing Long		1,013	3.6479  GBP
10p ordinary		CFD		Increasing Long		9,118	3.6328  GBP
10p ordinary		CFD		Increasing Long		9,577	3.6559  GBP
10p ordinary		CFD		Increasing Long		12,465	3.6317  GBP
10p ordinary		CFD		Increasing Long		15,151	3.6017  GBP
10p ordinary		SWAP		Increasing Long		18,500	3.6154  GBP
10p ordinary		SWAP		Increasing Long		73,673	3.6295  GBP
10p ordinary		SWAP		Increasing Long		120,420	3.6552  GBP
10p ordinary		SWAP		Increasing Short		918	3.6026  GBP
10p ordinary		SWAP		Increasing Short		1,751	3.6081  GBP
10p ordinary		SWAP		Increasing Short		3,027	3.6153  GBP
10p ordinary		SWAP		Increasing Short		27,757	3.6648  GBP
10p ordinary		SWAP		Increasing Short		116,614	3.6194  GBP
10p ordinary		SWAP		Increasing Short		170,961	3.6546  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:				25 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END