Form 8.3 -DS SMITH PLC

Barclays PLC

14 August 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:			13 Aug 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:				33,668,518	2.44%	32,475,641	2.35%
(2) Cash-settled derivatives:				11,961,786	0.87%	33,427,685	2.42%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				45,630,304	3.31%	65,903,326	4.78%
(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	192,508	4.4500  GBP
10p ordinary	Purchase	145,982	4.4367  GBP
10p ordinary	Purchase	79,837	4.4473  GBP
10p ordinary	Purchase	64,864	4.4368  GBP
10p ordinary	Purchase	39,402	4.4350  GBP
10p ordinary	Purchase	31,850	4.4330  GBP
10p ordinary	Purchase	28,497	4.4493  GBP
10p ordinary	Purchase	27,020	4.4356  GBP
10p ordinary	Purchase	25,602	4.4364  GBP
10p ordinary	Purchase	17,493	4.4283  GBP
10p ordinary	Purchase	15,175	4.4292  GBP
10p ordinary	Purchase	14,744	4.4440  GBP
10p ordinary	Purchase	11,780	4.4338  GBP
10p ordinary	Purchase	11,249	4.4355  GBP
10p ordinary	Purchase	11,135	4.4309  GBP
10p ordinary	Purchase	8,174	4.4209  GBP
10p ordinary	Purchase	8,140	4.4332  GBP
10p ordinary	Purchase	7,285	4.4337  GBP
10p ordinary	Purchase	6,566	4.4408  GBP
10p ordinary	Purchase	5,218	4.4400  GBP
10p ordinary	Purchase	4,405	4.4302  GBP
10p ordinary	Purchase	4,063	4.4331  GBP
10p ordinary	Purchase	3,516	4.4415  GBP
10p ordinary	Purchase	3,101	4.4343  GBP
10p ordinary	Purchase	3,088	4.4240  GBP
10p ordinary	Purchase	2,521	4.4220  GBP
10p ordinary	Purchase	2,500	4.4380  GBP
10p ordinary	Purchase	2,341	4.4319  GBP
10p ordinary	Purchase	2,330	4.4236  GBP
10p ordinary	Purchase	2,006	4.4271  GBP
10p ordinary	Purchase	1,893	4.4303  GBP
10p ordinary	Purchase	1,771	4.4172  GBP
10p ordinary	Purchase	1,547	4.4164  GBP
10p ordinary	Purchase	1,536	4.4298  GBP
10p ordinary	Purchase	1,366	4.4197  GBP
10p ordinary	Purchase	1,127	4.4223  GBP
10p ordinary	Purchase	1,122	4.4340  GBP
10p ordinary	Purchase	871	4.4411  GBP
10p ordinary	Purchase	829	4.4140  GBP
10p ordinary	Purchase	822	4.4320  GBP
10p ordinary	Purchase	800	4.4360  GBP
10p ordinary	Purchase	711	4.4260  GBP
10p ordinary	Purchase	439	4.4420  GBP
10p ordinary	Sale	219,355	4.4343  GBP
10p ordinary	Sale	155,370	4.4162  GBP
10p ordinary	Sale	103,194	4.4490  GBP
10p ordinary	Sale	75,762	4.4484  GBP
10p ordinary	Sale	73,037	4.4463  GBP
10p ordinary	Sale	52,544	4.4215  GBP
10p ordinary	Sale	26,298	4.4500  GBP
10p ordinary	Sale	23,092	4.4502  GBP
10p ordinary	Sale	20,810	4.4280  GBP
10p ordinary	Sale	20,475	4.4212  GBP
10p ordinary	Sale	14,744	4.4440  GBP
10p ordinary	Sale	14,533	4.4200  GBP
10p ordinary	Sale	10,173	4.4224  GBP
10p ordinary	Sale	7,389	4.4298  GBP
10p ordinary	Sale	5,849	4.4360  GBP
10p ordinary	Sale	5,699	4.4249  GBP
10p ordinary	Sale	5,590	4.4205  GBP
10p ordinary	Sale	4,728	4.4264  GBP
10p ordinary	Sale	3,767	4.4240  GBP
10p ordinary	Sale	3,725	4.4303  GBP
10p ordinary	Sale	3,669	4.4266  GBP
10p ordinary	Sale	3,076	4.4233  GBP
10p ordinary	Sale	2,966	4.4258  GBP
10p ordinary	Sale	2,877	4.4400  GBP
10p ordinary	Sale	2,803	4.4380  GBP
10p ordinary	Sale	2,521	4.4220  GBP
10p ordinary	Sale	2,076	4.4227  GBP
10p ordinary	Sale	1,497	4.4237  GBP
10p ordinary	Sale	1,479	4.4228  GBP
10p ordinary	Sale	1,451	4.4325  GBP
10p ordinary	Sale	1,251	4.4430  GBP
10p ordinary	Sale	1,122	4.4340  GBP
10p ordinary	Sale	884	4.4230  GBP
10p ordinary	Sale	866	4.4288  GBP
10p ordinary	Sale	829	4.4140  GBP
10p ordinary	Sale	822	4.4320  GBP
10p ordinary	Sale	737	4.4260  GBP
10p ordinary	Sale	716	4.4424  GBP
10p ordinary	Sale	439	4.4420  GBP
10p ordinary	Sale	181	4.4160  GBP
10p ordinary	Sale	132	4.4319  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	4,068	4.4402  GBP
10p ordinary	CFD	Decreasing Short	23,536	4.4500  GBP
10p ordinary	CFD	Increasing Short	389	4.4262  GBP
10p ordinary	CFD	Increasing Short	628	4.4500  GBP
10p ordinary	SWAP	Increasing Long	19,600	4.4343  GBP
10p ordinary	SWAP	Decreasing Short	5,699	4.4249  GBP
10p ordinary	SWAP	Decreasing Short	866	4.4288  GBP
10p ordinary	SWAP	Decreasing Short	39,265	4.4494  GBP
10p ordinary	SWAP	Increasing Short	1,127	4.4223  GBP
10p ordinary	SWAP	Increasing Short	1,536	4.4298  GBP
10p ordinary	SWAP	Increasing Short	14,319	4.4308  GBP
10p ordinary	SWAP	Increasing Short	39,402	4.4350  GBP
10p ordinary	SWAP	Increasing Short	1,906	4.4415  GBP
10p ordinary	SWAP	Increasing Short	4,290	4.4476  GBP
10p ordinary	SWAP	Decreasing Short	132	4.4319  GBP
10p ordinary	SWAP	Increasing Short	11,249	4.4355  GBP
10p ordinary	SWAP	Increasing Short	9,424	4.4273  GBP
10p ordinary	SWAP	Increasing Short	15,175	4.4292  GBP
10p ordinary	SWAP	Increasing Short	439	4.4500  GBP
10p ordinary	SWAP	Increasing Long	953	4.4500 GBP
10p ordinary	SWAP	Increasing Long	175,000	4.4500 GBP
10p ordinary	SWAP	Increasing Long	211,500	4.4500 GBP
10p ordinary	SWAP	Increasing Short	99,186	4.4400 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:				14 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END