Form 8.3 -DS SMITH PLC

Barclays PLC

25 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:			24 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 CO
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:				33,370,590	2.42%	26,530,600	1.92%
(2) Cash-settled derivatives:				11,134,513	0.81%	31,922,556	2.31%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,505,103	3.22%	58,453,156	4.23%
(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	718,169	4.6000  GBP
10p ordinary	Purchase	132,790	4.5997  GBP
10p ordinary	Purchase	67,263	4.5753  GBP
10p ordinary	Purchase	57,476	4.6004  GBP
10p ordinary	Purchase	51,580	4.6194  GBP
10p ordinary	Purchase	33,147	4.5620  GBP
10p ordinary	Purchase	31,306	4.5792  GBP
10p ordinary	Purchase	26,487	4.5749  GBP
10p ordinary	Purchase	13,827	4.5674  GBP
10p ordinary	Purchase	8,819	4.5762  GBP
10p ordinary	Purchase	5,454	4.5650  GBP
10p ordinary	Purchase	4,730	4.5935  GBP
10p ordinary	Purchase	4,475	4.5930  GBP
10p ordinary	Purchase	2,934	4.6027  GBP
10p ordinary	Purchase	2,600	4.6026  GBP
10p ordinary	Purchase	2,169	4.5558  GBP
10p ordinary	Purchase	1,940	4.5455  GBP
10p ordinary	Purchase	1,466	4.6008  GBP
10p ordinary	Purchase	1,276	4.5684  GBP
10p ordinary	Purchase	1,260	4.5772  GBP
10p ordinary	Purchase	736	4.6040  GBP
10p ordinary	Purchase	592	4.5500  GBP
10p ordinary	Purchase	444	4.5380  GBP
10p ordinary	Purchase	312	4.5980  GBP
10p ordinary	Purchase	131	4.6100  GBP
10p ordinary	Purchase	2	4.5454  GBP
10p ordinary	Purchase	2	4.5467  GBP
10p ordinary	Sale	445,021	4.6000  GBP
10p ordinary	Sale	55,793	4.5560  GBP
10p ordinary	Sale	53,029	4.5718  GBP
10p ordinary	Sale	27,383	4.5864  GBP
10p ordinary	Sale	15,574	4.5894  GBP
10p ordinary	Sale	15,147	4.5797  GBP
10p ordinary	Sale	12,576	4.5951  GBP
10p ordinary	Sale	11,469	4.5768  GBP
10p ordinary	Sale	8,455	4.5485  GBP
10p ordinary	Sale	7,794	4.5726  GBP
10p ordinary	Sale	7,626	4.6025  GBP
10p ordinary	Sale	5,840	4.5845  GBP
10p ordinary	Sale	5,507	4.6033  GBP
10p ordinary	Sale	4,840	4.5704  GBP
10p ordinary	Sale	4,811	4.5933  GBP
10p ordinary	Sale	4,719	4.6050  GBP
10p ordinary	Sale	4,004	4.5699  GBP
10p ordinary	Sale	2,600	4.6026  GBP
10p ordinary	Sale	2,113	4.5804  GBP
10p ordinary	Sale	1,687	4.5382  GBP
10p ordinary	Sale	1,567	4.5596  GBP
10p ordinary	Sale	1,406	4.6004  GBP
10p ordinary	Sale	1,088	4.5620  GBP
10p ordinary	Sale	878	4.5612  GBP
10p ordinary	Sale	846	4.5920  GBP
10p ordinary	Sale	713	4.5627  GBP
10p ordinary	Sale	625	4.6056  GBP
10p ordinary	Sale	619	4.5680  GBP
10p ordinary	Sale	562	4.6041  GBP
10p ordinary	Sale	471	4.5484  GBP
10p ordinary	Sale	420	4.6020  GBP
10p ordinary	Sale	409	4.5609  GBP
10p ordinary	Sale	147	4.5973  GBP
10p ordinary	Sale	131	4.6100  GBP
10p ordinary	Sale	32	4.5980  GBP
10p ordinary	Sale	22	4.6080  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	471	4.5484  GBP
10p ordinary	SWAP	Decreasing Short	1,567	4.5596  GBP
10p ordinary	SWAP	Decreasing Short	409	4.5609  GBP
10p ordinary	SWAP	Decreasing Short	878	4.5613  GBP
10p ordinary	SWAP	Decreasing Short	713	4.5627  GBP
10p ordinary	SWAP	Decreasing Short	53,029	4.5718  GBP
10p ordinary	SWAP	Decreasing Short	27,383	4.5864  GBP
10p ordinary	SWAP	Decreasing Short	14,928	4.5992  GBP
10p ordinary	SWAP	Decreasing Short	75,147	4.5994  GBP
10p ordinary	SWAP	Decreasing Short	8,257	4.6000  GBP
10p ordinary	SWAP	Decreasing Short	10,763	4.6001  GBP
10p ordinary	SWAP	Decreasing Short	5,507	4.6033  GBP
10p ordinary	SWAP	Decreasing Short	2,771	4.6034  GBP
10p ordinary	SWAP	Increasing Short	2,169	4.5558  GBP
10p ordinary	SWAP	Increasing Short	67,263	4.5753  GBP
10p ordinary	SWAP	Increasing Short	18,287	4.5765  GBP
10p ordinary	SWAP	Increasing Short	18,661	4.5785  GBP
10p ordinary	SWAP	Increasing Short	31,306	4.5792  GBP
10p ordinary	SWAP	Increasing Short	312	4.5980  GBP
10p ordinary	SWAP	Increasing Short	35	4.6000  GBP
10p ordinary	SWAP	Increasing Short	57,476	4.6004  GBP
10p ordinary	SWAP	Increasing Short	1,466	4.6008  GBP
10p ordinary	SWAP	Increasing Short	2,157	4.6100  GBP
10p ordinary	SWAP	Increasing Short	51,580	4.6194  GBP
10p ordinary	CFD	Decreasing Short	315	4.6000  GBP
10p ordinary	CFD	Decreasing Short	420	4.6017  GBP
10p ordinary	CFD	Decreasing Short	131	4.6100  GBP
10p ordinary	CFD	Increasing Short	2,036	4.5354  GBP
10p ordinary	CFD	Increasing Short	2	4.5450  GBP
10p ordinary	CFD	Increasing Short	82,633	4.6000  GBP
10p ordinary	CFD	Increasing Short	2,600	4.6026  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:				25 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END