Form 8.3 - DS SMITH PLC

Barclays PLC

16 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:				15 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:			38,867,336	2.82%	25,279,369	1.83%
(2)	Cash-settled derivatives:
	and/or controlled:			7,751,350	0.56%	38,243,284	2.77%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,618,686	3.38%	63,522,653	4.60%
(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		359,998		4.2365  GBP
10p ordinary		Purchase		216,089		4.2351  GBP
10p ordinary		Purchase		187,652		4.2340  GBP
10p ordinary		Purchase		108,098		4.2341  GBP
10p ordinary		Purchase		81,078		4.2393  GBP
10p ordinary		Purchase		19,616		4.2487  GBP
10p ordinary		Purchase		15,106		4.2337  GBP
10p ordinary		Purchase		9,304		4.2498  GBP
10p ordinary		Purchase		8,078		4.2510  GBP
10p ordinary		Purchase		8,018		4.2158  GBP
10p ordinary		Purchase		5,992		4.2268  GBP
10p ordinary		Purchase		3,255		4.2458  GBP
10p ordinary		Purchase		3,219		4.2480  GBP
10p ordinary		Purchase		2,686		4.2526  GBP
10p ordinary		Purchase		2,263		4.2519  GBP
10p ordinary		Purchase		1,997		4.2694  GBP
10p ordinary		Purchase		1,696		4.2260  GBP
10p ordinary		Purchase		1,362		4.2228  GBP
10p ordinary		Purchase		1,239		4.2516  GBP
10p ordinary		Purchase		1,148		4.2050  GBP
10p ordinary		Purchase		1,142		4.2484  GBP
10p ordinary		Purchase		822		4.2232  GBP
10p ordinary		Purchase		752		4.2200  GBP
10p ordinary		Purchase		736		4.2020  GBP
10p ordinary		Purchase		135		4.2410  GBP
10p ordinary		Sale		174,876		4.2340  GBP
10p ordinary		Sale		91,500		4.2410  GBP
10p ordinary		Sale		68,369		4.2420  GBP
10p ordinary		Sale		43,956		4.2383  GBP
10p ordinary		Sale		24,103		4.2588  GBP
10p ordinary		Sale		10,859		4.2342  GBP
10p ordinary		Sale		10,075		4.2547  GBP
10p ordinary		Sale		7,500		4.2133  GBP
10p ordinary		Sale		6,257		4.2245  GBP
10p ordinary		Sale		5,788		4.2154  GBP
10p ordinary		Sale		4,581		4.2153  GBP
10p ordinary		Sale		3,637		4.2194  GBP
10p ordinary		Sale		2,550		4.2312  GBP
10p ordinary		Sale		2,539		4.2220  GBP
10p ordinary		Sale		2,384		4.2550  GBP
10p ordinary		Sale		1,805		4.2059  GBP
10p ordinary		Sale		914		4.2333  GBP
10p ordinary		Sale		736		4.2020  GBP
10p ordinary		Sale		667		4.2260  GBP
10p ordinary		Sale		518		4.2530  GBP
10p ordinary		Sale		486		4.2200  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		736	4.2019  GBP
10p ordinary		CFD		Increasing Long		1	4.2300  GBP
10p ordinary		CFD		Increasing Long		2,262	4.2340  GBP
10p ordinary		CFD		Decreasing Long		6,046	4.2339  GBP
10p ordinary		CFD		Opening Short		87,470	4.2340  GBP
10p ordinary		CFD		Increasing Short		11,911	4.2382  GBP
10p ordinary		CFD		Increasing Short		105,948	4.2416  GBP
10p ordinary		SWAP		Decreasing Long		1,722	4.2469  GBP
10p ordinary		SWAP		Increasing Long		914	4.2333  GBP
10p ordinary		SWAP		Increasing Short		212,560	4.2351  GBP
10p ordinary		SWAP		Increasing Short		3,529	4.2351  GBP
10p ordinary		SWAP		Decreasing Short		278	4.2020  GBP
10p ordinary		SWAP		Decreasing Short		4,581	4.2153  GBP
10p ordinary		SWAP		Decreasing Short		3,637	4.2194  GBP
10p ordinary		SWAP		Decreasing Short		486	4.2200  GBP
10p ordinary		SWAP		Decreasing Short		68,369	4.2420  GBP
10p ordinary		SWAP		Decreasing Short		25,383	4.2547  GBP
10p ordinary		SWAP		Increasing Short		822	4.2232  GBP
10p ordinary		SWAP		Increasing Short		1,696	4.2260  GBP
10p ordinary		SWAP		Increasing Short		5,992	4.2268  GBP
10p ordinary		SWAP		Increasing Short		116,854	4.2339  GBP
10p ordinary		SWAP		Increasing Short		81,078	4.2393  GBP
10p ordinary		SWAP		Increasing Short		6,848	4.2406  GBP
10p ordinary		SWAP		Increasing Short		9,570	4.2493  GBP
10p ordinary		SWAP		Decreasing Long		731	4.2352  GBP
10p ordinary		SWAP		Decreasing Long		2,686	4.2526  GBP
10p ordinary		SWAP		Decreasing Long		411	4.2720  GBP
10p ordinary		SWAP		Decreasing Short		6,257	4.2245  GBP
10p ordinary		SWAP		Decreasing Short		9,431	4.2322  GBP
10p ordinary		SWAP		Increasing Short		45,075	4.2340  GBP
10p ordinary		SWAP		Increasing Short		9,304	4.2498  GBP
10p ordinary		SWAP		Increasing Short		4,985	4.2523  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:				16 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END