Form 8.3 - DS SMITH PLC

Barclays PLC

31 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  relevant securities this form relates:			DS SMITH PLC
(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:			30 Jul 2024
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			YES:  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:				34,266,482	2.48%	32,578,405	2.36%
(2) Cash-settled derivatives:				12,291,742	0.89%	33,825,231	2.45%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				46,558,224	3.37%	66,403,636	4.81%
(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 PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
10p ordinary	Purchase	258,130	4.5405  GBP
10p ordinary	Purchase	218,541	4.5485  GBP
10p ordinary	Purchase	122,254	4.5562  GBP
10p ordinary	Purchase	94,860	4.5433  GBP
10p ordinary	Purchase	80,025	4.5400  GBP
10p ordinary	Purchase	61,506	4.5408  GBP
10p ordinary	Purchase	44,263	4.5599  GBP
10p ordinary	Purchase	39,662	4.5581  GBP
10p ordinary	Purchase	37,965	4.5303  GBP
10p ordinary	Purchase	35,302	4.5487  GBP
10p ordinary	Purchase	8,329	4.5569  GBP
10p ordinary	Purchase	7,611	4.5534  GBP
10p ordinary	Purchase	6,253	4.5568  GBP
10p ordinary	Purchase	5,697	4.5565  GBP
10p ordinary	Purchase	5,320	4.5469  GBP
10p ordinary	Purchase	5,298	4.5456  GBP
10p ordinary	Purchase	2,814	4.5647  GBP
10p ordinary	Purchase	2,784	4.5300  GBP
10p ordinary	Purchase	1,868	4.5500  GBP
10p ordinary	Purchase	1,836	4.5510  GBP
10p ordinary	Purchase	1,387	4.5648  GBP
10p ordinary	Purchase	1,355	4.5280  GBP
10p ordinary	Purchase	1,300	4.5320  GBP
10p ordinary	Purchase	1,296	4.5722  GBP
10p ordinary	Purchase	1,233	4.5525  GBP
10p ordinary	Purchase	1,044	4.5715  GBP
10p ordinary	Purchase	984	4.5580  GBP
10p ordinary	Purchase	949	4.5441  GBP
10p ordinary	Purchase	906	4.5600  GBP
10p ordinary	Purchase	846	4.5480  GBP
10p ordinary	Purchase	817	4.5530  GBP
10p ordinary	Purchase	795	4.5620  GBP
10p ordinary	Purchase	726	4.5680  GBP
10p ordinary	Purchase	715	4.5520  GBP
10p ordinary	Purchase	603	4.5260  GBP
10p ordinary	Purchase	510	4.5560  GBP
10p ordinary	Purchase	146	4.5340  GBP
10p ordinary	Sale	120,174	4.5400  GBP
10p ordinary	Sale	107,339	4.5390  GBP
10p ordinary	Sale	103,557	4.5425  GBP
10p ordinary	Sale	100,900	4.5495  GBP
10p ordinary	Sale	71,279	4.5535  GBP
10p ordinary	Sale	56,083	4.5490  GBP
10p ordinary	Sale	33,520	4.5404  GBP
10p ordinary	Sale	19,245	4.5618  GBP
10p ordinary	Sale	18,889	4.5583  GBP
10p ordinary	Sale	14,729	4.5620  GBP
10p ordinary	Sale	7,235	4.5507  GBP
10p ordinary	Sale	6,193	4.5547  GBP
10p ordinary	Sale	5,063	4.5300  GBP
10p ordinary	Sale	4,727	4.5595  GBP
10p ordinary	Sale	4,692	4.5500  GBP
10p ordinary	Sale	3,652	4.5589  GBP
10p ordinary	Sale	3,065	4.5597  GBP
10p ordinary	Sale	2,983	4.5599  GBP
10p ordinary	Sale	2,814	4.5647  GBP
10p ordinary	Sale	2,464	4.5550  GBP
10p ordinary	Sale	1,928	4.5280  GBP
10p ordinary	Sale	1,823	4.5530  GBP
10p ordinary	Sale	1,721	4.5520  GBP
10p ordinary	Sale	1,682	4.5312  GBP
10p ordinary	Sale	1,617	4.5614  GBP
10p ordinary	Sale	1,506	4.5250  GBP
10p ordinary	Sale	1,301	4.5625  GBP
10p ordinary	Sale	1,274	4.5260  GBP
10p ordinary	Sale	1,051	4.5510  GBP
10p ordinary	Sale	984	4.5580  GBP
10p ordinary	Sale	846	4.5480  GBP
10p ordinary	Sale	731	4.5320  GBP
10p ordinary	Sale	698	4.5680  GBP
10p ordinary	Sale	539	4.5779  GBP
10p ordinary	Sale	510	4.5560  GBP
10p ordinary	Sale	174	4.5485  GBP
10p ordinary	Sale	24	4.5410  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	CFD	Decreasing Short	52,142	4.5400  GBP
10p ordinary	CFD	Decreasing Short	510	4.5560  GBP
10p ordinary	CFD	Decreasing Short	1,888	4.5620  GBP
10p ordinary	CFD	Decreasing Short	2,814	4.5647  GBP
10p ordinary	CFD	Increasing Short	60,806	4.5400  GBP
10p ordinary	CFD	Increasing Short	50,000	4.5510  GBP
10p ordinary	CFD	Increasing Short	716	4.5602  GBP
10p ordinary	SWAP	Increasing Long	22,409	4.5390  GBP
10p ordinary	SWAP	Increasing Long	100,900	4.5495  GBP
10p ordinary	SWAP	Decreasing Short	7,235	4.5507  GBP
10p ordinary	SWAP	Decreasing Short	1,022	4.5560  GBP
10p ordinary	SWAP	Decreasing Short	3,065	4.5597  GBP
10p ordinary	SWAP	Increasing Short	61,432	4.5400  GBP
10p ordinary	SWAP	Increasing Short	75,755	4.5403  GBP
10p ordinary	SWAP	Increasing Short	4,822	4.5485  GBP
10p ordinary	SWAP	Increasing Short	122,254	4.5562  GBP
10p ordinary	SWAP	Decreasing Long	39,662	4.5581  GBP
10p ordinary	SWAP	Decreasing Long	795	4.5620  GBP
10p ordinary	SWAP	Increasing Short	34,182	4.5400  GBP
10p ordinary	SWAP	Increasing Short	44,263	4.5599  GBP
10p ordinary	SWAP	Increasing Long	100,000	4.5580 GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  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 person 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:				31 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END