Form 8.3 - DS SMITH PLC

Barclays PLC

17 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:				16 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:			33,815,611	2.45%	16,357,583	1.18%
(2)	Cash-settled derivatives:
	and/or controlled:			12,534,205	0.91%	32,705,464	2.37%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,349,816	3.36%	49,063,047	3.55%
(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		4,090,281		5.5750  GBP
10p ordinary		Purchase		227,957		5.4722  GBP
10p ordinary		Purchase		83,504		5.4850  GBP
10p ordinary		Purchase		81,673		5.4700  GBP
10p ordinary		Purchase		24,887		5.4711  GBP
10p ordinary		Purchase		15,662		5.5081  GBP
10p ordinary		Purchase		14,632		5.5239  GBP
10p ordinary		Purchase		13,622		5.5049  GBP
10p ordinary		Purchase		11,762		5.5147  GBP
10p ordinary		Purchase		10,263		5.5080  GBP
10p ordinary		Purchase		7,832		5.5177  GBP
10p ordinary		Purchase		6,012		5.5178  GBP
10p ordinary		Purchase		4,505		5.5122  GBP
10p ordinary		Purchase		4,398		5.5079  GBP
10p ordinary		Purchase		3,862		5.5121  GBP
10p ordinary		Purchase		3,218		5.5215  GBP
10p ordinary		Purchase		2,472		5.5068  GBP
10p ordinary		Purchase		2,262		5.5241  GBP
10p ordinary		Purchase		2,118		5.5135  GBP
10p ordinary		Purchase		2,070		5.5021  GBP
10p ordinary		Purchase		1,954		5.5327  GBP
10p ordinary		Purchase		1,811		5.5164  GBP
10p ordinary		Purchase		1,541		5.4900  GBP
10p ordinary		Purchase		1,097		5.5152  GBP
10p ordinary		Purchase		984		5.5050  GBP
10p ordinary		Purchase		952		5.4952  GBP
10p ordinary		Purchase		949		5.5260  GBP
10p ordinary		Purchase		846		5.5025  GBP
10p ordinary		Purchase		691		5.5219  GBP
10p ordinary		Purchase		561		5.5096  GBP
10p ordinary		Sale		185,807		5.4700  GBP
10p ordinary		Sale		139,174		5.4967  GBP
10p ordinary		Sale		129,899		5.4689  GBP
10p ordinary		Sale		76,311		5.5000  GBP
10p ordinary		Sale		56,869		5.4943  GBP
10p ordinary		Sale		46,148		5.5083  GBP
10p ordinary		Sale		29,640		5.5099  GBP
10p ordinary		Sale		27,208		5.5086  GBP
10p ordinary		Sale		12,700		5.4861  GBP
10p ordinary		Sale		4,975		5.5136  GBP
10p ordinary		Sale		4,505		5.5122  GBP
10p ordinary		Sale		2,795		5.4900  GBP
10p ordinary		Sale		2,587		5.5207  GBP
10p ordinary		Sale		2,417		5.5065  GBP
10p ordinary		Sale		2,079		5.5002  GBP
10p ordinary		Sale		1,450		5.4975  GBP
10p ordinary		Sale		1,054		5.5329  GBP
10p ordinary		Sale		846		5.4950  GBP
10p ordinary		Sale		91		5.5050  GBP
10p ordinary		Sale		2		5.5750  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		Increasing Short		62,956	5.5147  GBP
10p ordinary		SWAP		Decreasing Short		129,899	5.4689  GBP
10p ordinary		SWAP		Decreasing Short		232	5.4700  GBP
10p ordinary		SWAP		Decreasing Short		30,256	5.4753  GBP
10p ordinary		SWAP		Decreasing Short		12,700	5.4861  GBP
10p ordinary		SWAP		Decreasing Short		56,869	5.4942  GBP
10p ordinary		SWAP		Decreasing Short		139,174	5.4967  GBP
10p ordinary		SWAP		Decreasing Short		22,134	5.5052  GBP
10p ordinary		SWAP		Decreasing Short		2,417	5.5065  GBP
10p ordinary		SWAP		Decreasing Short		46,148	5.5083  GBP
10p ordinary		SWAP		Decreasing Short		27,208	5.5086  GBP
10p ordinary		SWAP		Decreasing Short		10,993	5.5107  GBP
10p ordinary		SWAP		Decreasing Short		4,975	5.5136  GBP
10p ordinary		SWAP		Decreasing Short		86	5.5750  GBP
10p ordinary		SWAP		Increasing Short		134,322	5.4700  GBP
10p ordinary		SWAP		Increasing Short		4,706	5.4761  GBP
10p ordinary		SWAP		Increasing Short		1,882	5.4764  GBP
10p ordinary		SWAP		Increasing Short		145,000	5.4787  USD
10p ordinary		SWAP		Increasing Short		371	5.4900  GBP
10p ordinary		SWAP		Increasing Short		952	5.4952  GBP
10p ordinary		SWAP		Increasing Short		2,472	5.5068  GBP
10p ordinary		SWAP		Increasing Short		14,661	5.5079  GBP
10p ordinary		SWAP		Increasing Short		3,862	5.5121  GBP
10p ordinary		CFD		Decreasing Short		1,002	5.4700  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:				17 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END