Form 8.3 -DS SMITH PLC

Barclays PLC

26 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:			25 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:				33,071,930	2.40%	26,581,309	1.93%
(2) Cash-settled derivatives:				11,130,680	0.81%	31,634,971	2.29%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,202,610	3.20%	58,216,280	4.22%
(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	200,635	4.5699  GBP
10p ordinary	Purchase	138,253	4.5697  GBP
10p ordinary	Purchase	127,115	4.5550  GBP
10p ordinary	Purchase	89,483	4.5700  GBP
10p ordinary	Purchase	58,112	4.5523  GBP
10p ordinary	Purchase	56,992	4.5563  GBP
10p ordinary	Purchase	41,643	4.5555  GBP
10p ordinary	Purchase	41,107	4.5502  GBP
10p ordinary	Purchase	26,085	4.5493  GBP
10p ordinary	Purchase	8,465	4.5484  GBP
10p ordinary	Purchase	7,462	4.5514  GBP
10p ordinary	Purchase	6,349	4.5414  GBP
10p ordinary	Purchase	5,741	4.5420  GBP
10p ordinary	Purchase	5,674	4.5485  GBP
10p ordinary	Purchase	5,055	4.5540  GBP
10p ordinary	Purchase	4,996	4.5560  GBP
10p ordinary	Purchase	4,052	4.5598  GBP
10p ordinary	Purchase	3,621	4.5480  GBP
10p ordinary	Purchase	3,598	4.5546  GBP
10p ordinary	Purchase	3,409	4.5524  GBP
10p ordinary	Purchase	3,228	4.5380  GBP
10p ordinary	Purchase	3,162	4.5520  GBP
10p ordinary	Purchase	2,886	4.5580  GBP
10p ordinary	Purchase	2,452	4.5619  GBP
10p ordinary	Purchase	1,974	4.5553  GBP
10p ordinary	Purchase	1,890	4.5646  GBP
10p ordinary	Purchase	1,880	4.5400  GBP
10p ordinary	Purchase	1,791	4.5574  GBP
10p ordinary	Purchase	1,663	4.5552  GBP
10p ordinary	Purchase	1,649	4.5633  GBP
10p ordinary	Purchase	1,532	4.5539  GBP
10p ordinary	Purchase	1,424	4.5440  GBP
10p ordinary	Purchase	1,317	4.5460  GBP
10p ordinary	Purchase	1,309	4.5599  GBP
10p ordinary	Purchase	1,253	4.5640  GBP
10p ordinary	Purchase	1,226	4.5569  GBP
10p ordinary	Purchase	1,070	4.5500  GBP
10p ordinary	Purchase	1,047	4.5280  GBP
10p ordinary	Purchase	972	4.5620  GBP
10p ordinary	Purchase	972	4.5609  GBP
10p ordinary	Purchase	808	4.5542  GBP
10p ordinary	Purchase	794	4.5709  GBP
10p ordinary	Purchase	747	4.5600  GBP
10p ordinary	Purchase	642	4.5660  GBP
10p ordinary	Purchase	322	4.5591  GBP
10p ordinary	Purchase	72	4.5395  GBP
10p ordinary	Purchase	27	4.5630  GBP
10p ordinary	Sale	483,087	4.5699  GBP
10p ordinary	Sale	269,209	4.5700  GBP
10p ordinary	Sale	88,633	4.5516  GBP
10p ordinary	Sale	58,436	4.5520  GBP
10p ordinary	Sale	55,793	4.5779  GBP
10p ordinary	Sale	35,482	4.5511  GBP
10p ordinary	Sale	26,085	4.5498  GBP
10p ordinary	Sale	25,556	4.5476  GBP
10p ordinary	Sale	20,408	4.5540  GBP
10p ordinary	Sale	20,399	4.5588  GBP
10p ordinary	Sale	19,970	4.5477  GBP
10p ordinary	Sale	13,657	4.5615  GBP
10p ordinary	Sale	12,402	4.5542  GBP
10p ordinary	Sale	8,465	4.5489  GBP
10p ordinary	Sale	6,708	4.5500  GBP
10p ordinary	Sale	6,096	4.5546  GBP
10p ordinary	Sale	5,741	4.5420  GBP
10p ordinary	Sale	5,674	4.5490  GBP
10p ordinary	Sale	5,445	4.5580  GBP
10p ordinary	Sale	4,458	4.5624  GBP
10p ordinary	Sale	4,351	4.5480  GBP
10p ordinary	Sale	4,347	4.5523  GBP
10p ordinary	Sale	3,937	4.5559  GBP
10p ordinary	Sale	3,918	4.5661  GBP
10p ordinary	Sale	3,852	4.5440  GBP
10p ordinary	Sale	3,785	4.5594  GBP
10p ordinary	Sale	3,628	4.5549  GBP
10p ordinary	Sale	3,461	4.5621  GBP
10p ordinary	Sale	3,447	4.5410  GBP
10p ordinary	Sale	3,228	4.5380  GBP
10p ordinary	Sale	1,952	4.5400  GBP
10p ordinary	Sale	1,891	4.5646  GBP
10p ordinary	Sale	1,537	4.5533  GBP
10p ordinary	Sale	1,532	4.5543  GBP
10p ordinary	Sale	1,370	4.5460  GBP
10p ordinary	Sale	1,166	4.5502  GBP
10p ordinary	Sale	1,047	4.5280  GBP
10p ordinary	Sale	958	4.5507  GBP
10p ordinary	Sale	854	4.5635  GBP
10p ordinary	Sale	808	4.5547  GBP
10p ordinary	Sale	747	4.5600  GBP
10p ordinary	Sale	574	4.5651  GBP
10p ordinary	Sale	510	4.5620  GBP
10p ordinary	Sale	322	4.5596  GBP
10p ordinary	Sale	316	4.5644  GBP
10p ordinary	Sale	83	4.5452  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	14,483	4.5477  GBP
10p ordinary	SWAP	Decreasing Short	1,166	4.5502  GBP
10p ordinary	SWAP	Decreasing Short	1,088	4.5520  GBP
10p ordinary	SWAP	Decreasing Short	2,004	4.5580  GBP
10p ordinary	SWAP	Decreasing Short	195,279	4.5583  GBP
10p ordinary	SWAP	Decreasing Short	157,640	4.5606  GBP
10p ordinary	SWAP	Decreasing Short	510	4.5620  GBP
10p ordinary	SWAP	Decreasing Short	1,891	4.5646  GBP
10p ordinary	SWAP	Decreasing Short	574	4.5651  GBP
10p ordinary	SWAP	Decreasing Short	137,071	4.5693  GBP
10p ordinary	SWAP	Increasing Short	6,349	4.5413  GBP
10p ordinary	SWAP	Increasing Short	27,439	4.5543  GBP
10p ordinary	SWAP	Increasing Short	3,598	4.5546  GBP
10p ordinary	SWAP	Increasing Short	127,115	4.5550  GBP
10p ordinary	SWAP	Increasing Short	16,782	4.5552  GBP
10p ordinary	SWAP	Increasing Short	56,992	4.5563  GBP
10p ordinary	SWAP	Increasing Short	1,791	4.5574  GBP
10p ordinary	SWAP	Increasing Short	14,850	4.5699  GBP
10p ordinary	SWAP	Increasing Short	18,303	4.5700  GBP
10p ordinary	SWAP	Increasing Short	794	4.5709  GBP
10p ordinary	SWAP	Increasing Short	17,086	4.5710  GBP
10p ordinary	CFD	Decreasing Short	83	4.5453  GBP
10p ordinary	CFD	Decreasing Short	1,529	4.5577  GBP
10p ordinary	CFD	Decreasing Short	138,570	4.5700  GBP
10p ordinary	CFD	Increasing Short	1,047	4.5280  GBP
10p ordinary	CFD	Increasing Short	75,990	4.5700  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:				26 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END