Form 8.3 -DS SMITH PLC

Barclays PLC

20 September 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:			19 Sep 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:				32,932,929	2.39%	28,586,275	2.07%
(2) Cash-settled derivatives:				11,239,210	0.81%	32,367,046	2.34%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,172,139	3.20%	60,953,321	4.42%
(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	558,324	4.8240  GBP
10p ordinary	Purchase	193,503	4.8314  GBP
10p ordinary	Purchase	177,962	4.8147  GBP
10p ordinary	Purchase	166,840	4.7925  GBP
10p ordinary	Purchase	131,562	4.8121  GBP
10p ordinary	Purchase	76,722	4.8460  GBP
10p ordinary	Purchase	75,686	4.8274  GBP
10p ordinary	Purchase	67,973	4.8125  GBP
10p ordinary	Purchase	60,557	4.8120  GBP
10p ordinary	Purchase	45,912	4.8084  GBP
10p ordinary	Purchase	25,863	4.8141  GBP
10p ordinary	Purchase	23,959	4.8108  GBP
10p ordinary	Purchase	22,878	4.8299  GBP
10p ordinary	Purchase	21,409	4.8169  GBP
10p ordinary	Purchase	16,775	4.8164  GBP
10p ordinary	Purchase	13,029	4.8289  GBP
10p ordinary	Purchase	11,180	4.8178  GBP
10p ordinary	Purchase	7,746	4.8457  GBP
10p ordinary	Purchase	7,088	4.8302  GBP
10p ordinary	Purchase	5,585	4.8260  GBP
10p ordinary	Purchase	5,341	4.8373  GBP
10p ordinary	Purchase	3,926	4.8262  GBP
10p ordinary	Purchase	3,504	4.8467  GBP
10p ordinary	Purchase	3,013	4.8360  GBP
10p ordinary	Purchase	2,861	4.8251  GBP
10p ordinary	Purchase	2,403	4.8123  GBP
10p ordinary	Purchase	2,354	4.8035  GBP
10p ordinary	Purchase	2,278	4.8381  GBP
10p ordinary	Purchase	2,111	4.8150  GBP
10p ordinary	Purchase	1,326	4.8100  GBP
10p ordinary	Purchase	1,238	4.8000  GBP
10p ordinary	Purchase	1,003	4.8080  GBP
10p ordinary	Purchase	1,001	4.8180  GBP
10p ordinary	Purchase	808	4.8182  GBP
10p ordinary	Purchase	579	4.8060  GBP
10p ordinary	Purchase	430	4.8010  GBP
10p ordinary	Sale	360,211	4.8408  GBP
10p ordinary	Sale	163,500	4.8015  GBP
10p ordinary	Sale	65,918	4.8460  GBP
10p ordinary	Sale	22,213	4.8297  GBP
10p ordinary	Sale	21,808	4.8235  GBP
10p ordinary	Sale	15,452	4.8161  GBP
10p ordinary	Sale	13,982	4.8079  GBP
10p ordinary	Sale	7,207	4.8033  GBP
10p ordinary	Sale	7,140	4.8263  GBP
10p ordinary	Sale	6,490	4.8188  GBP
10p ordinary	Sale	5,956	4.8203  GBP
10p ordinary	Sale	5,341	4.8373  GBP
10p ordinary	Sale	4,753	4.8120  GBP
10p ordinary	Sale	4,208	4.8314  GBP
10p ordinary	Sale	3,926	4.8262  GBP
10p ordinary	Sale	3,171	4.8001  GBP
10p ordinary	Sale	2,573	4.8050  GBP
10p ordinary	Sale	2,448	4.8302  GBP
10p ordinary	Sale	2,403	4.8128  GBP
10p ordinary	Sale	2,354	4.8039  GBP
10p ordinary	Sale	2,084	4.8274  GBP
10p ordinary	Sale	2,079	4.8100  GBP
10p ordinary	Sale	1,963	4.8266  GBP
10p ordinary	Sale	1,787	4.8326  GBP
10p ordinary	Sale	1,646	4.8052  GBP
10p ordinary	Sale	1,409	4.8074  GBP
10p ordinary	Sale	1,003	4.8084  GBP
10p ordinary	Sale	1,001	4.8180  GBP
10p ordinary	Sale	917	4.8320  GBP
10p ordinary	Sale	665	4.8360  GBP
10p ordinary	Sale	594	4.8000  GBP
10p ordinary	Sale	270	4.7790  GBP
10p ordinary	Sale	13	4.8140  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Decreasing Short	50,000	4.7953  USD
10p ordinary	SWAP	Decreasing Short	1,372	4.7960  GBP
10p ordinary	SWAP	Decreasing Short	1,799	4.8032  GBP
10p ordinary	SWAP	Decreasing Short	113,500	4.8042  USD
10p ordinary	SWAP	Decreasing Short	2,573	4.8050  GBP
10p ordinary	SWAP	Decreasing Short	1,409	4.8074  GBP
10p ordinary	SWAP	Decreasing Short	4,753	4.8120  GBP
10p ordinary	SWAP	Decreasing Short	6	4.8166  GBP
10p ordinary	SWAP	Decreasing Short	1,337,212	4.8180  GBP
10p ordinary	SWAP	Decreasing Short	107,261	4.8459  GBP
10p ordinary	SWAP	Decreasing Short	164,264	4.8460  GBP
10p ordinary	SWAP	Increasing Short	1,238	4.8000  GBP
10p ordinary	SWAP	Increasing Short	45,912	4.8084  GBP
10p ordinary	SWAP	Increasing Short	32,462	4.8119  GBP
10p ordinary	SWAP	Increasing Short	131,562	4.8121  GBP
10p ordinary	SWAP	Increasing Short	67,973	4.8125  GBP
10p ordinary	SWAP	Increasing Short	39,059	4.8141  GBP
10p ordinary	SWAP	Increasing Short	177,962	4.8147  GBP
10p ordinary	SWAP	Increasing Short	1,337,212	4.8180  GBP
10p ordinary	SWAP	Increasing Short	808	4.8182  GBP
10p ordinary	SWAP	Increasing Short	4,335	4.8201  GBP
10p ordinary	SWAP	Increasing Short	2,861	4.8251  GBP
10p ordinary	SWAP	Increasing Short	201,611	4.8270  GBP
10p ordinary	SWAP	Increasing Short	57,883	4.8282  GBP
10p ordinary	SWAP	Increasing Short	40,915	4.8442  GBP
10p ordinary	SWAP	Increasing Short	1,138	4.8462  GBP
10p ordinary	SWAP	Increasing Short	3,504	4.8467  GBP
10p ordinary	CFD	Decreasing Short	49	4.8359  GBP
10p ordinary	CFD	Decreasing Short	103	4.8360  GBP
10p ordinary	CFD	Decreasing Short	598	4.8460  GBP
10p ordinary	CFD	Increasing Short	49	4.8359  GBP
10p ordinary	CFD	Increasing Short	103	4.8360  GBP
10p ordinary	CFD	Increasing Short	598	4.8460  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:				20 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END