Form 8.3 - DS SMITH PLC

Barclays PLC

20 December 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				DS SMITH PLC
	relevant securities this form relates:
(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 Dec 2024
(f)	In addition to the company in 1(c) above, is the discloser making				YES:
	disclosures in respect of any other party to the offer?				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:			32,359,899	2.34%	16,427,151	1.19%
(2)	Cash-settled derivatives:
	and/or controlled:			12,605,686	0.91%	31,165,460	2.26%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,965,585	3.26%	47,592,611	3.45%
(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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
10p ordinary		Purchase		455,556		5.3700  GBP
10p ordinary		Purchase		212,808		5.3701  GBP
10p ordinary		Purchase		66,237		5.3148  GBP
10p ordinary		Purchase		40,099		5.3128  GBP
10p ordinary		Purchase		18,538		5.3326  GBP
10p ordinary		Purchase		17,812		5.3206  GBP
10p ordinary		Purchase		13,649		5.3285  GBP
10p ordinary		Purchase		10,718		5.3675  GBP
10p ordinary		Purchase		10,253		5.3136  GBP
10p ordinary		Purchase		9,044		5.3189  GBP
10p ordinary		Purchase		8,426		5.3243  GBP
10p ordinary		Purchase		7,425		5.3195  GBP
10p ordinary		Purchase		7,133		5.3205  GBP
10p ordinary		Purchase		6,088		5.3708  GBP
10p ordinary		Purchase		5,677		5.3098  GBP
10p ordinary		Purchase		5,624		5.3151  GBP
10p ordinary		Purchase		4,642		5.3156  GBP
10p ordinary		Purchase		4,465		5.3144  GBP
10p ordinary		Purchase		3,734		5.3172  GBP
10p ordinary		Purchase		3,657		5.3121  GBP
10p ordinary		Purchase		2,984		5.3109  GBP
10p ordinary		Purchase		2,282		5.3254  GBP
10p ordinary		Purchase		2,159		5.2997  GBP
10p ordinary		Purchase		2,121		5.3249  GBP
10p ordinary		Purchase		1,701		5.3100  GBP
10p ordinary		Purchase		1,417		5.3625  GBP
10p ordinary		Purchase		1,201		5.3125  GBP
10p ordinary		Purchase		1,157		5.3250  GBP
10p ordinary		Purchase		769		5.3550  GBP
10p ordinary		Purchase		549		5.3552  GBP
10p ordinary		Purchase		476		5.3200  GBP
10p ordinary		Purchase		261		5.3000  GBP
10p ordinary		Sale		592,055		5.3698  GBP
10p ordinary		Sale		212,808		5.3701  GBP
10p ordinary		Sale		66,034		5.3700  GBP
10p ordinary		Sale		27,741		5.3436  GBP
10p ordinary		Sale		21,882		5.3617  GBP
10p ordinary		Sale		19,851		5.3689  GBP
10p ordinary		Sale		14,633		5.3210  GBP
10p ordinary		Sale		12,794		5.3395  GBP
10p ordinary		Sale		9,758		5.3217  GBP
10p ordinary		Sale		3,575		5.3051  GBP
10p ordinary		Sale		3,565		5.3000  GBP
10p ordinary		Sale		3,343		5.3324  GBP
10p ordinary		Sale		2,435		5.3199  GBP
10p ordinary		Sale		2,382		5.3369  GBP
10p ordinary		Sale		2,278		5.3383  GBP
10p ordinary		Sale		2,204		5.3421  GBP
10p ordinary		Sale		1,885		5.3593  GBP
10p ordinary		Sale		1,805		5.3401  GBP
10p ordinary		Sale		1,728		5.3184  GBP
10p ordinary		Sale		1,567		5.3608  GBP
10p ordinary		Sale		1,107		5.3600  GBP
10p ordinary		Sale		1,012		5.3100  GBP
10p ordinary		Sale		660		5.2925  GBP
10p ordinary		Sale		571		5.3250  GBP
10p ordinary		Sale		538		5.3550  GBP
10p ordinary		Sale		430		5.3625  GBP
10p ordinary		Sale		422		5.3274  GBP
10p ordinary		Sale		390		5.2800  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		SWAP		Decreasing Short		752,701	5.4400  GBP
10p ordinary		SWAP		Increasing Short		63,300	5.3221  GBP
10p ordinary		SWAP		Increasing Short		752,701	5.4400  GBP
10p ordinary		SWAP		Decreasing Short		3,575	5.3051  GBP
10p ordinary		SWAP		Decreasing Short		14,633	5.3210  GBP
10p ordinary		SWAP		Decreasing Short		12,128	5.3225  GBP
10p ordinary		SWAP		Decreasing Short		27,741	5.3436  GBP
10p ordinary		SWAP		Decreasing Short		7,043	5.3492  GBP
10p ordinary		SWAP		Decreasing Short		19,851	5.3689  GBP
10p ordinary		SWAP		Decreasing Short		165,038	5.3700  GBP
10p ordinary		SWAP		Increasing Short		40,099	5.3128  GBP
10p ordinary		SWAP		Increasing Short		10,253	5.3136  GBP
10p ordinary		SWAP		Increasing Short		4,642	5.3156  GBP
10p ordinary		SWAP		Increasing Short		3,734	5.3172  GBP
10p ordinary		SWAP		Increasing Short		1,179	5.3250  GBP
10p ordinary		SWAP		Increasing Short		200	5.3300  GBP
10p ordinary		SWAP		Increasing Short		4,230	5.3682  GBP
10p ordinary		SWAP		Increasing Short		4,897	5.3700  GBP
10p ordinary		SWAP		Increasing Short		165	5.3800  GBP
10p ordinary		SWAP		Increasing Short		20,000	5.4859  USD
10p ordinary		CFD		Increasing Short		28,796	5.3082  GBP
10p ordinary		CFD		Increasing Short		20,000	5.3104  GBP
10p ordinary		CFD		Increasing Short		1,943	5.3367  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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 exempt principal trader 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 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END