Form 8.3 -DS SMITH PLC

Barclays PLC

02 July 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:				01 Jul 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:			29,847,734	2.16%	22,422,347	1.63%
(2)	Cash-settled derivatives:
	and/or controlled:			9,039,549	0.66%	29,205,152	2.12%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			38,887,283	2.82%	51,627,499	3.74%
(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		1,002,629		4.1957  GBP
10p ordinary		Purchase		500,000		4.2021  GBP
10p ordinary		Purchase		471,944		4.2154  GBP
10p ordinary		Purchase		397,773		4.2061  GBP
10p ordinary		Purchase		358,000		4.1989  GBP
10p ordinary		Purchase		300,000		4.1959  GBP
10p ordinary		Purchase		178,943		4.1990  GBP
10p ordinary		Purchase		153,284		4.1992  GBP
10p ordinary		Purchase		139,002		4.2070  GBP
10p ordinary		Purchase		89,528		4.2035  GBP
10p ordinary		Purchase		85,037		4.2174  GBP
10p ordinary		Purchase		78,897		4.2158  GBP
10p ordinary		Purchase		74,359		4.2084  GBP
10p ordinary		Purchase		59,570		4.1920  GBP
10p ordinary		Purchase		59,307		4.2044  GBP
10p ordinary		Purchase		59,218		4.2056  GBP
10p ordinary		Purchase		55,514		4.2004  GBP
10p ordinary		Purchase		51,686		4.2125  GBP
10p ordinary		Purchase		47,038		4.1927  GBP
10p ordinary		Purchase		31,903		4.2063  GBP
10p ordinary		Purchase		28,623		4.2170  GBP
10p ordinary		Purchase		28,510		4.2137  GBP
10p ordinary		Purchase		27,757		4.2083  GBP
10p ordinary		Purchase		18,579		4.2120  GBP
10p ordinary		Purchase		17,997		4.2099  GBP
10p ordinary		Purchase		17,385		4.2027  GBP
10p ordinary		Purchase		14,874		4.2045  GBP
10p ordinary		Purchase		13,276		4.2066  GBP
10p ordinary		Purchase		11,951		4.2081  GBP
10p ordinary		Purchase		10,027		4.2042  GBP
10p ordinary		Purchase		6,932		4.2039  GBP
10p ordinary		Purchase		6,473		4.2100  GBP
10p ordinary		Purchase		6,464		4.2074  GBP
10p ordinary		Purchase		5,400		4.1924  GBP
10p ordinary		Purchase		4,399		4.2160  GBP
10p ordinary		Purchase		4,088		4.2165  GBP
10p ordinary		Purchase		3,723		4.2095  GBP
10p ordinary		Purchase		3,689		4.1980  GBP
10p ordinary		Purchase		2,866		4.2040  GBP
10p ordinary		Purchase		2,839		4.2000  GBP
10p ordinary		Purchase		2,596		4.2085  GBP
10p ordinary		Purchase		2,500		4.2104  GBP
10p ordinary		Purchase		2,197		4.2060  GBP
10p ordinary		Purchase		2,164		4.1985  GBP
10p ordinary		Purchase		2,142		4.2180  GBP
10p ordinary		Purchase		1,690		4.2080  GBP
10p ordinary		Purchase		1,609		4.1967  GBP
10p ordinary		Purchase		1,604		4.2041  GBP
10p ordinary		Purchase		1,455		4.2167  GBP
10p ordinary		Purchase		1,393		4.2008  GBP
10p ordinary		Purchase		1,329		4.2020  GBP
10p ordinary		Purchase		1,104		4.2135  GBP
10p ordinary		Purchase		785		4.1968  GBP
10p ordinary		Purchase		739		4.2300  GBP
10p ordinary		Purchase		671		4.2140  GBP
10p ordinary		Sale		249,334		4.2048  GBP
10p ordinary		Sale		216,953		4.1920  GBP
10p ordinary		Sale		202,681		4.2027  GBP
10p ordinary		Sale		153,284		4.1991  GBP
10p ordinary		Sale		151,218		4.2106  GBP
10p ordinary		Sale		140,571		4.2180  GBP
10p ordinary		Sale		107,358		4.2131  GBP
10p ordinary		Sale		66,312		4.1957  GBP
10p ordinary		Sale		61,906		4.2016  GBP
10p ordinary		Sale		56,187		4.2175  GBP
10p ordinary		Sale		51,714		4.2156  GBP
10p ordinary		Sale		34,700		4.2061  GBP
10p ordinary		Sale		32,152		4.2070  GBP
10p ordinary		Sale		27,390		4.2082  GBP
10p ordinary		Sale		18,116		4.2085  GBP
10p ordinary		Sale		17,104		4.2067  GBP
10p ordinary		Sale		16,380		4.2039  GBP
10p ordinary		Sale		14,683		4.2066  GBP
10p ordinary		Sale		13,295		4.1932  GBP
10p ordinary		Sale		9,614		4.2142  GBP
10p ordinary		Sale		8,333		4.2110  GBP
10p ordinary		Sale		5,244		4.2031  GBP
10p ordinary		Sale		4,727		4.2100  GBP
10p ordinary		Sale		4,502		4.2146  GBP
10p ordinary		Sale		4,106		4.2160  GBP
10p ordinary		Sale		3,855		4.1980  GBP
10p ordinary		Sale		3,618		4.2060  GBP
10p ordinary		Sale		3,515		4.2176  GBP
10p ordinary		Sale		3,143		4.2098  GBP
10p ordinary		Sale		2,868		4.2120  GBP
10p ordinary		Sale		2,866		4.2040  GBP
10p ordinary		Sale		2,576		4.2045  GBP
10p ordinary		Sale		2,164		4.1990  GBP
10p ordinary		Sale		1,805		4.2014  GBP
10p ordinary		Sale		1,775		4.2140  GBP
10p ordinary		Sale		1,774		4.2000  GBP
10p ordinary		Sale		1,751		4.2063  GBP
10p ordinary		Sale		1,690		4.2080  GBP
10p ordinary		Sale		1,329		4.2020  GBP
10p ordinary		Sale		1,294		4.2124  GBP
10p ordinary		Sale		1,257		4.2107  GBP
10p ordinary		Sale		1,151		4.2164  GBP
10p ordinary		Sale		1,084		4.2068  GBP
10p ordinary		Sale		854		4.1975  GBP
10p ordinary		Sale		845		4.2170  GBP
10p ordinary		Sale		785		4.1972  GBP
10p ordinary		Sale		770		4.2130  GBP
10p ordinary		Sale		739		4.2300  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		Increasing Long		5,095	4.2024  GBP
10p ordinary		CFD		Decreasing Long		16	4.1918  GBP
10p ordinary		CFD		Decreasing Long		59,554	4.1920  GBP
10p ordinary		CFD		Decreasing Long		153,284	4.1991  GBP
10p ordinary		SWAP		Decreasing Long		4,304	4.2010  GBP
10p ordinary		SWAP		Decreasing Short		95	4.1980  GBP
10p ordinary		SWAP		Decreasing Long		7,800	4.2021  GBP
10p ordinary		SWAP		Increasing Long		13,295	4.1932  GBP
10p ordinary		SWAP		Increasing Long		854	4.1975  GBP
10p ordinary		SWAP		Increasing Long		2,576	4.2045  GBP
10p ordinary		SWAP		Increasing Long		107,358	4.2131  GBP
10p ordinary		SWAP		Increasing Long		1,151	4.2164  GBP
10p ordinary		SWAP		Opening Short		314,940	4.1931  GBP
10p ordinary		SWAP		Increasing Short		160,008	4.1944  GBP
10p ordinary		SWAP		Increasing Short		1,609	4.1967  GBP
10p ordinary		SWAP		Increasing Short		214,669	4.1995  GBP
10p ordinary		SWAP		Increasing Short		55,514	4.2004  GBP
10p ordinary		SWAP		Increasing Short		143,000	4.2021  GBP
10p ordinary		SWAP		Increasing Short		104,944	4.2038  GBP
10p ordinary		SWAP		Increasing Short		123,902	4.2070  GBP
10p ordinary		SWAP		Increasing Short		2,596	4.2085  GBP
10p ordinary		SWAP		Increasing Short		987	4.2100  GBP
10p ordinary		SWAP		Increasing Short		134,500	4.2154  GBP
10p ordinary		SWAP		Increasing Short		759	4.2160  GBP
10p ordinary		SWAP		Increasing Short		25,510	4.2174  GBP
10p ordinary		SWAP		Increasing Long		1,751	4.2063  GBP
10p ordinary		SWAP		Decreasing Long		6,932	4.2039  GBP
10p ordinary		SWAP		Decreasing Long		46,642	4.2052  GBP
10p ordinary		SWAP		Decreasing Long		12,576	4.2071  GBP
10p ordinary		SWAP		Decreasing Short		151,218	4.2106  GBP
10p ordinary		SWAP		Increasing Short		147,235	4.1920  GBP
10p ordinary		SWAP		Increasing Short		522,228	4.1995  GBP
10p ordinary		SWAP		Increasing Short		357,000	4.2021  GBP
10p ordinary		SWAP		Increasing Short		195,899	4.2036  GBP
10p ordinary		SWAP		Increasing Short		22,001	4.2075  GBP
10p ordinary		SWAP		Increasing Short		3,723	4.2095  GBP
10p ordinary		SWAP		Increasing Short		2,500	4.2104  GBP
10p ordinary		SWAP		Increasing Short		336,500	4.2154  GBP
10p ordinary		SWAP		Increasing Short		4,088	4.2165  GBP
10p ordinary		SWAP		Increasing Short		59,527	4.2174  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:				02 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END