Form 8.3 - DS SMITH PLC

Barclays PLC

17 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:				16 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:			38,432,134	2.79%	25,433,791	1.84%
(2)	Cash-settled derivatives:
	and/or controlled:			7,901,930	0.57%	37,807,228	2.74%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,334,064	3.36%	63,241,019	4.58%
(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		643,146		4.3800  GBP
10p ordinary		Purchase		460,276		4.3777  GBP
10p ordinary		Purchase		144,945		4.3797  GBP
10p ordinary		Purchase		30,633		4.3447  GBP
10p ordinary		Purchase		25,804		4.2989  GBP
10p ordinary		Purchase		21,349		4.2740  GBP
10p ordinary		Purchase		11,515		4.2579  GBP
10p ordinary		Purchase		7,453		4.2640  GBP
10p ordinary		Purchase		5,414		4.3796  GBP
10p ordinary		Purchase		5,208		4.3370  GBP
10p ordinary		Purchase		2,974		4.3419  GBP
10p ordinary		Purchase		2,809		4.3765  GBP
10p ordinary		Purchase		1,836		4.3183  GBP
10p ordinary		Purchase		1,337		4.3099  GBP
10p ordinary		Purchase		1,336		4.3742  GBP
10p ordinary		Purchase		1,306		4.2700  GBP
10p ordinary		Purchase		1,273		4.3626  GBP
10p ordinary		Purchase		942		4.2930  GBP
10p ordinary		Purchase		817		4.3764  GBP
10p ordinary		Purchase		780		4.3097  GBP
10p ordinary		Purchase		756		4.3020  GBP
10p ordinary		Purchase		659		4.2594  GBP
10p ordinary		Purchase		384		4.3263  GBP
10p ordinary		Purchase		186		4.2680  GBP
10p ordinary		Purchase		12		4.2620  GBP
10p ordinary		Purchase		9		4.2660  GBP
10p ordinary		Purchase		4		4.3620  GBP
10p ordinary		Sale		641,173		4.3796  GBP
10p ordinary		Sale		446,918		4.3800  GBP
10p ordinary		Sale		395,523		4.3695  GBP
10p ordinary		Sale		277,822		4.3720  GBP
10p ordinary		Sale		143,929		4.3802  GBP
10p ordinary		Sale		117,611		4.3220  GBP
10p ordinary		Sale		72,967		4.3189  GBP
10p ordinary		Sale		40,580		4.3195  GBP
10p ordinary		Sale		20,191		4.3392  GBP
10p ordinary		Sale		19,814		4.3107  GBP
10p ordinary		Sale		10,384		4.2819  GBP
10p ordinary		Sale		8,346		4.3533  GBP
10p ordinary		Sale		6,707		4.2640  GBP
10p ordinary		Sale		5,659		4.2811  GBP
10p ordinary		Sale		4,683		4.3185  GBP
10p ordinary		Sale		4,010		4.3613  GBP
10p ordinary		Sale		2,844		4.3427  GBP
10p ordinary		Sale		2,702		4.3218  GBP
10p ordinary		Sale		2,579		4.2649  GBP
10p ordinary		Sale		1,800		4.3053  GBP
10p ordinary		Sale		1,798		4.2639  GBP
10p ordinary		Sale		1,449		4.3499  GBP
10p ordinary		Sale		1,336		4.3742  GBP
10p ordinary		Sale		1,232		4.3240  GBP
10p ordinary		Sale		1,199		4.2610  GBP
10p ordinary		Sale		1,120		4.3200  GBP
10p ordinary		Sale		852		4.3680  GBP
10p ordinary		Sale		606		4.2900  GBP
10p ordinary		Sale		600		4.3430  GBP
10p ordinary		Sale		583		4.2780  GBP
10p ordinary		Sale		283		4.2680  GBP
10p ordinary		Sale		200		4.3180  GBP
10p ordinary		Sale		196		4.2600  GBP
10p ordinary		Sale		87		4.3323  GBP
10p ordinary		Sale		4		4.3620  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 Short		2,759	4.2625  GBP
10p ordinary		CFD		Decreasing Short		4,702	4.2640  GBP
10p ordinary		CFD		Decreasing Short		4,930	4.3800  GBP
10p ordinary		CFD		Increasing Short		1,334	4.3336  GBP
10p ordinary		CFD		Increasing Short		206	4.3503  GBP
10p ordinary		CFD		Increasing Short		1,336	4.3742  GBP
10p ordinary		CFD		Increasing Short		439,444	4.3800  GBP
10p ordinary		SWAP		Increasing Long		1,800	4.3053  GBP
10p ordinary		SWAP		Decreasing Short		641,173	4.3796  GBP
10p ordinary		SWAP		Decreasing Short		1,798	4.2639  GBP
10p ordinary		SWAP		Decreasing Short		212	4.2640  GBP
10p ordinary		SWAP		Decreasing Short		2,579	4.2649  GBP
10p ordinary		SWAP		Decreasing Short		283	4.2680  GBP
10p ordinary		SWAP		Decreasing Short		55,047	4.3163  GBP
10p ordinary		SWAP		Decreasing Short		117,611	4.3220  GBP
10p ordinary		SWAP		Decreasing Short		55,744	4.3722  GBP
10p ordinary		SWAP		Decreasing Short		117,882	4.3800  GBP
10p ordinary		SWAP		Increasing Short		659	4.2594  GBP
10p ordinary		SWAP		Increasing Short		3,540	4.2640  GBP
10p ordinary		SWAP		Increasing Short		186	4.2680  GBP
10p ordinary		SWAP		Increasing Short		25,804	4.2989  GBP
10p ordinary		SWAP		Increasing Short		19,376	4.3716  GBP
10p ordinary		SWAP		Increasing Long		3,910	4.3533  GBP
10p ordinary		SWAP		Decreasing Long		21,349	4.2740  GBP
10p ordinary		SWAP		Decreasing Long		926	4.3746  GBP
10p ordinary		SWAP		Decreasing Long		1,883	4.3774  GBP
10p ordinary		SWAP		Increasing Long		200,000	4.3603  GBP
10p ordinary		SWAP		Decreasing Short		425	4.2640  GBP
10p ordinary		SWAP		Decreasing Short		40,580	4.3195  GBP
10p ordinary		SWAP		Decreasing Short		33,750	4.3207  GBP
10p ordinary		SWAP		Decreasing Short		123,466	4.3800  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:				17 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END