Form 8.3 - DS SMITH PLC

Barclays PLC

26 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:				25 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:			22,685,294	1.64%	23,688,038	1.72%
(2)	Cash-settled derivatives:
	and/or controlled:			9,407,283	0.68%	21,843,859	1.58%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			32,092,577	2.33%	45,531,897	3.30%
(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		9,347,002		3.6703  GBP
10p ordinary		Purchase		297,638		3.6590  GBP
10p ordinary		Purchase		279,916		3.6996  GBP
10p ordinary		Purchase		158,810		3.6699  GBP
10p ordinary		Purchase		137,693		3.7087  GBP
10p ordinary		Purchase		132,115		3.6698  GBP
10p ordinary		Purchase		99,182		3.7040  GBP
10p ordinary		Purchase		93,476		3.7069  GBP
10p ordinary		Purchase		86,178		3.7073  GBP
10p ordinary		Purchase		86,061		3.6441  GBP
10p ordinary		Purchase		81,817		3.6500  GBP
10p ordinary		Purchase		72,517		3.6974  GBP
10p ordinary		Purchase		71,138		3.6890  GBP
10p ordinary		Purchase		62,163		3.6476  GBP
10p ordinary		Purchase		46,933		3.6501  GBP
10p ordinary		Purchase		38,934		3.7080  GBP
10p ordinary		Purchase		34,487		3.6537  GBP
10p ordinary		Purchase		33,025		3.6715  GBP
10p ordinary		Purchase		32,536		3.6474  GBP
10p ordinary		Purchase		31,650		3.6702  GBP
10p ordinary		Purchase		24,924		3.6406  GBP
10p ordinary		Purchase		22,077		3.6837  GBP
10p ordinary		Purchase		22,036		3.6460  GBP
10p ordinary		Purchase		20,566		3.6495  GBP
10p ordinary		Purchase		19,806		3.6862  GBP
10p ordinary		Purchase		19,180		3.6466  GBP
10p ordinary		Purchase		15,071		3.6529  GBP
10p ordinary		Purchase		12,707		3.6541  GBP
10p ordinary		Purchase		12,372		3.6888  GBP
10p ordinary		Purchase		9,681		3.6418  GBP
10p ordinary		Purchase		9,568		3.6539  GBP
10p ordinary		Purchase		9,519		3.6544  GBP
10p ordinary		Purchase		7,077		3.6478  GBP
10p ordinary		Purchase		5,442		3.6518  GBP
10p ordinary		Purchase		5,252		3.6464  GBP
10p ordinary		Purchase		5,131		3.6611  GBP
10p ordinary		Purchase		4,633		3.6558  GBP
10p ordinary		Purchase		4,062		3.6514  GBP
10p ordinary		Purchase		4,060		3.6564  GBP
10p ordinary		Purchase		3,850		3.6414  GBP
10p ordinary		Purchase		2,246		3.6635  GBP
10p ordinary		Purchase		1,789		3.6459  GBP
10p ordinary		Purchase		1,582		3.6579  GBP
10p ordinary		Purchase		1,393		3.6380  GBP
10p ordinary		Purchase		1,285		3.6480  GBP
10p ordinary		Purchase		1,211		3.6540  GBP
10p ordinary		Purchase		1,153		3.6340  GBP
10p ordinary		Purchase		1,099		3.6680  GBP
10p ordinary		Purchase		913		3.6880  GBP
10p ordinary		Purchase		871		3.7560  GBP
10p ordinary		Purchase		793		3.6820  GBP
10p ordinary		Purchase		676		3.6560  GBP
10p ordinary		Purchase		559		3.6555  GBP
10p ordinary		Purchase		200		3.6860  GBP
10p ordinary		Purchase		165		3.6360  GBP
10p ordinary		Purchase		47		3.6580  GBP
10p ordinary		Purchase		44		3.6400  GBP
10p ordinary		Purchase		29		3.7380  GBP
10p ordinary		Purchase		22		3.6670  GBP
10p ordinary		Purchase		16		3.6551  GBP
10p ordinary		Sale		1,145,577		3.7046  GBP
10p ordinary		Sale		702,696		3.6543  GBP
10p ordinary		Sale		347,560		3.6701  GBP
10p ordinary		Sale		240,056		3.6700  GBP
10p ordinary		Sale		226,417		3.7081  GBP
10p ordinary		Sale		126,130		3.6686  GBP
10p ordinary		Sale		104,578		3.6998  GBP
10p ordinary		Sale		102,408		3.6654  GBP
10p ordinary		Sale		100,556		3.6679  GBP
10p ordinary		Sale		100,000		3.6551  GBP
10p ordinary		Sale		86,178		3.7073  GBP
10p ordinary		Sale		62,549		3.6673  GBP
10p ordinary		Sale		38,610		3.7080  GBP
10p ordinary		Sale		28,489		3.7062  GBP
10p ordinary		Sale		16,288		3.6739  GBP
10p ordinary		Sale		12,372		3.6888  GBP
10p ordinary		Sale		11,601		3.6537  GBP
10p ordinary		Sale		10,922		3.6688  GBP
10p ordinary		Sale		9,740		3.6554  GBP
10p ordinary		Sale		7,819		3.6651  GBP
10p ordinary		Sale		7,048		3.6743  GBP
10p ordinary		Sale		6,775		3.7074  GBP
10p ordinary		Sale		6,486		3.6580  GBP
10p ordinary		Sale		5,666		3.6594  GBP
10p ordinary		Sale		5,442		3.6518  GBP
10p ordinary		Sale		3,541		3.6560  GBP
10p ordinary		Sale		3,092		3.6490  GBP
10p ordinary		Sale		2,025		3.6437  GBP
10p ordinary		Sale		1,958		3.6527  GBP
10p ordinary		Sale		1,711		3.6556  GBP
10p ordinary		Sale		1,564		3.6860  GBP
10p ordinary		Sale		1,345		3.6610  GBP
10p ordinary		Sale		1,285		3.6480  GBP
10p ordinary		Sale		1,211		3.6540  GBP
10p ordinary		Sale		1,099		3.6680  GBP
10p ordinary		Sale		934		3.6500  GBP
10p ordinary		Sale		822		3.7540  GBP
10p ordinary		Sale		761		3.6660  GBP
10p ordinary		Sale		655		3.6460  GBP
10p ordinary		Sale		519		3.6380  GBP
10p ordinary		Sale		324		3.6504  GBP
10p ordinary		Sale		204		3.6850  GBP
10p ordinary		Sale		44		3.6400  GBP
10p ordinary		Sale		4		3.6360  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		Closing Short		559	3.6555  GBP
10p ordinary		SWAP		Closing Short		645	3.6464  GBP
10p ordinary		SWAP		Closing Short		1,011	3.6715  GBP
10p ordinary		SWAP		Closing Short		4,633	3.6558  GBP
10p ordinary		SWAP		Closing Short		18,218	3.7080  GBP
10p ordinary		SWAP		Closing Short		19,385	3.6714  GBP
10p ordinary		SWAP		Closing Short		71,138	3.6890  GBP
10p ordinary		CFD		Decreasing Long		13	3.7076  GBP
10p ordinary		CFD		Decreasing Long		1,222	3.7080  GBP
10p ordinary		SWAP		Decreasing Long		6,522	3.6778  GBP
10p ordinary		SWAP		Decreasing Long		22,077	3.6837  GBP
10p ordinary		SWAP		Decreasing Long		137,693	3.7087  GBP
10p ordinary		SWAP		Decreasing Short		49,927	3.6660  GBP
10p ordinary		SWAP		Decreasing Short		100,556	3.6679  GBP
10p ordinary		SWAP		Decreasing Short		352,595	3.7080  GBP
10p ordinary		CFD		Increasing Long		1,222	3.7080  GBP
10p ordinary		CFD		Increasing Long		3,753	3.6877  GBP
10p ordinary		SWAP		Increasing Long		6,775	3.7074  GBP
10p ordinary		CFD		Increasing Long		36,927	3.7032  GBP
10p ordinary		SWAP		Increasing Long		67,383	3.6840  GBP
10p ordinary		CFD		Increasing Long		86,178	3.7073  GBP
10p ordinary		SWAP		Increasing Long		126,130	3.6686  GBP
10p ordinary		SWAP		Increasing Short		1,789	3.6460  GBP
10p ordinary		SWAP		Increasing Short		3,021	3.6550  GBP
10p ordinary		SWAP		Opening Long		324	3.6504  GBP
10p ordinary		SWAP		Opening Long		1,958	3.6527  GBP
10p ordinary		SWAP		Opening Long		74,125	3.6632  GBP
10p ordinary		SWAP		Opening Long		159,707	3.7073  GBP
10p ordinary		SWAP		Opening Long		240,056	3.6700  GBP
10p ordinary		SWAP		Opening Long		440,743	3.7079  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:				26 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END