Form 8.3 - DS SMITH PLC

Barclays PLC

19 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:				18 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:			32,432,874	2.35%	16,440,075	1.19%
(2)	Cash-settled derivatives:
	and/or controlled:			12,616,574	0.91%	31,222,919	2.26%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			45,049,448	3.26%	47,662,994	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		299,118		5.4400  GBP
10p ordinary		Purchase		182,800		5.4427  GBP
10p ordinary		Purchase		114,429		5.4386  GBP
10p ordinary		Purchase		55,897		5.4350  GBP
10p ordinary		Purchase		25,971		5.4462  GBP
10p ordinary		Purchase		20,250		5.3983  GBP
10p ordinary		Purchase		15,681		5.4570  GBP
10p ordinary		Purchase		13,427		5.4316  GBP
10p ordinary		Purchase		9,468		5.4453  GBP
10p ordinary		Purchase		7,582		5.4371  GBP
10p ordinary		Purchase		6,421		5.4399  GBP
10p ordinary		Purchase		6,036		5.4507  GBP
10p ordinary		Purchase		4,340		5.4433  GBP
10p ordinary		Purchase		3,628		5.4245  GBP
10p ordinary		Purchase		3,528		5.4439  GBP
10p ordinary		Purchase		3,351		5.4587  GBP
10p ordinary		Purchase		2,525		5.4357  GBP
10p ordinary		Purchase		2,347		5.4552  GBP
10p ordinary		Purchase		2,193		5.4346  GBP
10p ordinary		Purchase		2,072		5.4142  GBP
10p ordinary		Purchase		1,948		5.4591  GBP
10p ordinary		Purchase		1,830		5.4496  GBP
10p ordinary		Purchase		1,677		5.4650  GBP
10p ordinary		Purchase		1,494		5.4256  GBP
10p ordinary		Purchase		1,434		5.4600  GBP
10p ordinary		Purchase		1,022		5.4530  GBP
10p ordinary		Purchase		754		5.4850  GBP
10p ordinary		Purchase		626		5.4750  GBP
10p ordinary		Purchase		600		5.4413  GBP
10p ordinary		Purchase		564		5.4000  GBP
10p ordinary		Purchase		546		5.4550  GBP
10p ordinary		Purchase		470		5.4228  GBP
10p ordinary		Purchase		443		5.4500  GBP
10p ordinary		Purchase		163		5.4700  GBP
10p ordinary		Sale		2,226,168		5.4350  GBP
10p ordinary		Sale		246,501		5.4419  GBP
10p ordinary		Sale		102,602		5.4400  GBP
10p ordinary		Sale		59,796		5.4399  GBP
10p ordinary		Sale		39,554		5.4358  GBP
10p ordinary		Sale		29,034		5.4524  GBP
10p ordinary		Sale		22,498		5.4489  GBP
10p ordinary		Sale		21,281		5.4420  GBP
10p ordinary		Sale		20,057		5.4457  GBP
10p ordinary		Sale		16,701		5.4332  GBP
10p ordinary		Sale		16,358		5.4433  GBP
10p ordinary		Sale		15,004		5.4404  GBP
10p ordinary		Sale		15,000		5.4000  GBP
10p ordinary		Sale		14,826		5.4512  GBP
10p ordinary		Sale		10,113		5.4349  GBP
10p ordinary		Sale		7,523		5.4462  GBP
10p ordinary		Sale		7,061		5.4570  GBP
10p ordinary		Sale		6,055		5.4318  GBP
10p ordinary		Sale		4,157		5.4579  GBP
10p ordinary		Sale		3,915		5.4535  GBP
10p ordinary		Sale		3,750		5.3872  GBP
10p ordinary		Sale		2,982		5.4677  GBP
10p ordinary		Sale		2,049		5.4650  GBP
10p ordinary		Sale		1,794		5.4494  GBP
10p ordinary		Sale		1,587		5.4121  GBP
10p ordinary		Sale		1,434		5.4600  GBP
10p ordinary		Sale		1,292		5.4338  GBP
10p ordinary		Sale		1,140		5.4575  GBP
10p ordinary		Sale		1,085		5.4550  GBP
10p ordinary		Sale		873		5.4475  GBP
10p ordinary		Sale		754		5.4850  GBP
10p ordinary		Sale		709		5.4456  GBP
10p ordinary		Sale		641		5.4425  GBP
10p ordinary		Sale		569		5.4452  GBP
10p ordinary		Sale		421		5.4473  GBP
10p ordinary		Sale		317		5.4300  GBP
10p ordinary		Sale		300		5.4500  GBP
10p ordinary		Sale		163		5.4700  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		53,378	5.4495  GBP
10p ordinary		SWAP		Decreasing Short		2,224,371	5.4350  GBP
10p ordinary		SWAP		Decreasing Short		39,554	5.4358  GBP
10p ordinary		SWAP		Decreasing Short		8,250	5.4378  GBP
10p ordinary		SWAP		Decreasing Short		16,409	5.4400  GBP
10p ordinary		SWAP		Decreasing Short		21,281	5.4419  GBP
10p ordinary		SWAP		Decreasing Short		11,066	5.4489  GBP
10p ordinary		SWAP		Decreasing Short		14,826	5.4512  GBP
10p ordinary		SWAP		Decreasing Short		15,707	5.4521  GBP
10p ordinary		SWAP		Decreasing Short		29,034	5.4524  GBP
10p ordinary		SWAP		Decreasing Short		2,982	5.4677  GBP
10p ordinary		SWAP		Increasing Short		470	5.4228  GBP
10p ordinary		SWAP		Increasing Short		13,427	5.4316  GBP
10p ordinary		SWAP		Increasing Short		2,193	5.4346  GBP
10p ordinary		SWAP		Increasing Short		10,569	5.4387  GBP
10p ordinary		SWAP		Increasing Short		45,000	5.4396  USD
10p ordinary		SWAP		Increasing Short		21,262	5.4400  GBP
10p ordinary		SWAP		Increasing Short		55,236	5.4401  GBP
10p ordinary		SWAP		Increasing Short		28,881	5.4447  GBP
10p ordinary		CFD		Decreasing Short		776	5.4400  GBP
10p ordinary		CFD		Decreasing Short		6,418	5.4634  GBP
10p ordinary		CFD		Increasing Short		673	5.4444  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:				19 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END