Form 8.3 -DS SMITH PLC

Barclays PLC

22 January 2025

 

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:				21 Jan 2025
(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:			34,242,544	2.48%	29,729,791	2.15%
(2)	Cash-settled derivatives:
	and/or controlled:			12,548,639	0.91%	32,142,899	2.33%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,791,183	3.39%	61,872,690	4.48%
(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		429,929		6.0150  GBP
10p ordinary		Purchase		325,735		5.9497  GBP
10p ordinary		Purchase		89,343		6.0100  GBP
10p ordinary		Purchase		73,340		6.0042  GBP
10p ordinary		Purchase		55,185		5.9429  GBP
10p ordinary		Purchase		37,076		5.9648  GBP
10p ordinary		Purchase		24,770		5.9645  GBP
10p ordinary		Purchase		22,551		5.9672  GBP
10p ordinary		Purchase		21,441		5.9206  GBP
10p ordinary		Purchase		21,272		5.9855  GBP
10p ordinary		Purchase		17,785		5.9674  GBP
10p ordinary		Purchase		13,923		5.9538  GBP
10p ordinary		Purchase		12,686		5.9319  GBP
10p ordinary		Purchase		10,334		5.9223  GBP
10p ordinary		Purchase		10,299		5.9522  GBP
10p ordinary		Purchase		7,182		5.9688  GBP
10p ordinary		Purchase		6,581		5.9553  GBP
10p ordinary		Purchase		6,412		5.9240  GBP
10p ordinary		Purchase		6,250		5.9545  GBP
10p ordinary		Purchase		5,953		5.9743  GBP
10p ordinary		Purchase		5,497		5.9443  GBP
10p ordinary		Purchase		3,825		5.9427  GBP
10p ordinary		Purchase		3,711		5.9041  GBP
10p ordinary		Purchase		3,294		5.8950  GBP
10p ordinary		Purchase		3,284		6.0013  GBP
10p ordinary		Purchase		3,159		6.0105  GBP
10p ordinary		Purchase		2,820		5.9466  GBP
10p ordinary		Purchase		2,525		5.9835  GBP
10p ordinary		Purchase		2,295		5.9598  GBP
10p ordinary		Purchase		2,248		5.9817  GBP
10p ordinary		Purchase		2,199		5.9650  GBP
10p ordinary		Purchase		2,168		6.0006  GBP
10p ordinary		Purchase		1,808		5.9619  GBP
10p ordinary		Purchase		1,807		5.9915  GBP
10p ordinary		Purchase		1,515		5.9420  GBP
10p ordinary		Purchase		1,348		6.0040  GBP
10p ordinary		Purchase		1,281		5.9092  GBP
10p ordinary		Purchase		1,185		6.0025  GBP
10p ordinary		Purchase		1,101		6.0012  GBP
10p ordinary		Purchase		1,000		5.9217  GBP
10p ordinary		Purchase		990		5.9968  GBP
10p ordinary		Purchase		561		5.9100  GBP
10p ordinary		Purchase		456		5.9702  GBP
10p ordinary		Purchase		437		6.0068  GBP
10p ordinary		Purchase		358		5.9200  GBP
10p ordinary		Purchase		190		5.9125  GBP
10p ordinary		Purchase		32		6.0248  GBP
10p ordinary		Purchase		32		6.0250  GBP
10p ordinary		Sale		174,179		5.9962  GBP
10p ordinary		Sale		109,523		5.9389  GBP
10p ordinary		Sale		100,000		6.0057  GBP
10p ordinary		Sale		95,755		6.0150  GBP
10p ordinary		Sale		16,500		5.9890  GBP
10p ordinary		Sale		14,836		5.9729  GBP
10p ordinary		Sale		14,041		5.9822  GBP
10p ordinary		Sale		13,959		5.9809  GBP
10p ordinary		Sale		11,542		5.9591  GBP
10p ordinary		Sale		7,798		5.9858  GBP
10p ordinary		Sale		6,602		5.9237  GBP
10p ordinary		Sale		6,543		6.0126  GBP
10p ordinary		Sale		5,713		5.9687  GBP
10p ordinary		Sale		4,463		6.0137  GBP
10p ordinary		Sale		3,960		6.0032  GBP
10p ordinary		Sale		3,455		5.9147  GBP
10p ordinary		Sale		2,923		5.9852  GBP
10p ordinary		Sale		1,923		6.0062  GBP
10p ordinary		Sale		1,774		5.9200  GBP
10p ordinary		Sale		1,423		5.9150  GBP
10p ordinary		Sale		1,092		5.9600  GBP
10p ordinary		Sale		994		6.0050  GBP
10p ordinary		Sale		548		6.0075  GBP
10p ordinary		Sale		418		5.9199  GBP
10p ordinary		Sale		32		6.0250  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		116,670	5.9704  GBP
10p ordinary		SWAP		Increasing Short		12,857	5.9754  GBP
10p ordinary		SWAP		Decreasing Short		3,455	5.9147  GBP
10p ordinary		SWAP		Decreasing Short		418	5.9199  GBP
10p ordinary		SWAP		Decreasing Short		5,082	5.9386  GBP
10p ordinary		SWAP		Decreasing Short		109,523	5.9389  GBP
10p ordinary		SWAP		Decreasing Short		1,092	5.9600  GBP
10p ordinary		SWAP		Decreasing Short		14,836	5.9729  GBP
10p ordinary		SWAP		Decreasing Short		5,086	6.0009  GBP
10p ordinary		SWAP		Decreasing Short		4,463	6.0137  GBP
10p ordinary		SWAP		Decreasing Short		27,732	6.0150  GBP
10p ordinary		SWAP		Decreasing Short		69,319	6.0154  GBP
10p ordinary		SWAP		Increasing Short		1,281	5.9092  GBP
10p ordinary		SWAP		Increasing Short		21,441	5.9206  GBP
10p ordinary		SWAP		Increasing Short		1,000	5.9218  GBP
10p ordinary		SWAP		Increasing Short		250,000	5.9257  USD
10p ordinary		SWAP		Increasing Short		16,648	5.9284  GBP
10p ordinary		SWAP		Increasing Short		10,526	5.9327  GBP
10p ordinary		SWAP		Increasing Short		55,185	5.9429  GBP
10p ordinary		SWAP		Increasing Short		456	5.9701  GBP
10p ordinary		SWAP		Increasing Short		134,073	5.9776  GBP
10p ordinary		SWAP		Increasing Short		2,248	5.9817  GBP
10p ordinary		SWAP		Increasing Short		1,807	5.9915  GBP
10p ordinary		SWAP		Increasing Short		437	6.0068  GBP
10p ordinary		SWAP		Increasing Short		29,297	6.0137  GBP
10p ordinary		SWAP		Increasing Short		189,536	6.0150  GBP
10p ordinary		CFD		Decreasing Short		358	5.9200  GBP
10p ordinary		CFD		Decreasing Short		30,000	5.9958  GBP
10p ordinary		CFD		Decreasing Short		2,703	6.0150  GBP
10p ordinary		CFD		Decreasing Short		3	6.0166  GBP
10p ordinary		CFD		Increasing Short		239,001	5.9296  GBP
10p ordinary		CFD		Increasing Short		96,064	6.0150  GBP
10p ordinary		CFD		Increasing Short		3	6.0166  GBP
10p ordinary		SWAP		Decreasing Short		3,960	6.0032  GBP
10p ordinary		SWAP		Decreasing Short		100,000	6.0058  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:				22 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END