Form 8.3 - DS SMITH PLC

Barclays PLC

23 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:				22 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:			34,657,048	2.51%	29,744,115	2.15%
(2)	Cash-settled derivatives:
	and/or controlled:			12,624,726	0.91%	32,264,371	2.34%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			47,281,774	3.42%	62,008,486	4.49%
(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		198,972		5.9907  GBP
10p ordinary		Purchase		195,259		6.0100  GBP
10p ordinary		Purchase		135,157		6.0130  GBP
10p ordinary		Purchase		131,271		6.0009  GBP
10p ordinary		Purchase		105,831		5.9900  GBP
10p ordinary		Purchase		88,381		5.9922  GBP
10p ordinary		Purchase		84,774		6.0049  GBP
10p ordinary		Purchase		58,967		5.9903  GBP
10p ordinary		Purchase		56,282		6.0000  GBP
10p ordinary		Purchase		55,684		6.0150  GBP
10p ordinary		Purchase		45,259		6.0019  GBP
10p ordinary		Purchase		39,470		6.0007  GBP
10p ordinary		Purchase		23,033		6.0064  GBP
10p ordinary		Purchase		22,936		6.0050  GBP
10p ordinary		Purchase		15,000		5.9917  GBP
10p ordinary		Purchase		10,528		5.9982  GBP
10p ordinary		Purchase		10,171		6.0078  GBP
10p ordinary		Purchase		10,137		5.9993  GBP
10p ordinary		Purchase		10,000		6.0068  GBP
10p ordinary		Purchase		9,878		6.0017  GBP
10p ordinary		Purchase		9,563		6.0018  GBP
10p ordinary		Purchase		8,490		6.0028  GBP
10p ordinary		Purchase		8,200		6.0158  GBP
10p ordinary		Purchase		7,920		5.9952  GBP
10p ordinary		Purchase		7,795		6.0044  GBP
10p ordinary		Purchase		4,802		5.9995  GBP
10p ordinary		Purchase		4,666		5.9944  GBP
10p ordinary		Purchase		4,476		6.0034  GBP
10p ordinary		Purchase		4,243		5.9958  GBP
10p ordinary		Purchase		3,802		6.0004  GBP
10p ordinary		Purchase		2,853		6.0073  GBP
10p ordinary		Purchase		2,407		6.0046  GBP
10p ordinary		Purchase		1,966		6.0077  GBP
10p ordinary		Purchase		1,584		5.9950  GBP
10p ordinary		Purchase		1,286		5.9963  GBP
10p ordinary		Purchase		1,159		5.9999  GBP
10p ordinary		Purchase		1,039		6.0024  GBP
10p ordinary		Purchase		944		5.9956  GBP
10p ordinary		Purchase		598		6.0003  GBP
10p ordinary		Purchase		556		6.0025  GBP
10p ordinary		Purchase		280		5.9800  GBP
10p ordinary		Purchase		45		6.0327  GBP
10p ordinary		Purchase		25		6.0350  GBP
10p ordinary		Purchase		20		6.0300  GBP
10p ordinary		Purchase		1		6.0098  GBP
10p ordinary		Sale		143,048		5.9989  GBP
10p ordinary		Sale		138,269		6.0000  GBP
10p ordinary		Sale		118,437		6.0016  GBP
10p ordinary		Sale		115,607		5.9933  GBP
10p ordinary		Sale		105,888		5.9900  GBP
10p ordinary		Sale		75,003		5.9893  GBP
10p ordinary		Sale		65,376		6.0010  GBP
10p ordinary		Sale		58,967		5.9903  GBP
10p ordinary		Sale		55,684		6.0171  GBP
10p ordinary		Sale		51,615		6.0005  GBP
10p ordinary		Sale		27,500		5.9971  GBP
10p ordinary		Sale		27,339		5.9985  GBP
10p ordinary		Sale		20,993		5.9993  GBP
10p ordinary		Sale		19,792		5.9931  GBP
10p ordinary		Sale		15,948		5.9936  GBP
10p ordinary		Sale		11,496		6.0038  GBP
10p ordinary		Sale		7,368		5.9967  GBP
10p ordinary		Sale		4,802		5.9995  GBP
10p ordinary		Sale		4,537		5.9992  GBP
10p ordinary		Sale		4,476		6.0034  GBP
10p ordinary		Sale		3,426		5.9958  GBP
10p ordinary		Sale		2,549		6.0050  GBP
10p ordinary		Sale		1,946		6.0041  GBP
10p ordinary		Sale		1,670		5.9975  GBP
10p ordinary		Sale		1,164		6.0060  GBP
10p ordinary		Sale		752		6.0056  GBP
10p ordinary		Sale		579		6.0006  GBP
10p ordinary		Sale		552		5.9750  GBP
10p ordinary		Sale		333		6.0399  GBP
10p ordinary		Sale		81		6.0338  GBP
10p ordinary		Sale		81		5.9954  GBP
10p ordinary		Sale		36		5.9970  GBP
10p ordinary		Sale		25		6.0350  GBP
10p ordinary		Sale		20		6.0300  GBP
10p ordinary		Sale		19		6.0107  GBP
10p ordinary		Sale		1		6.0057  GBP
10p ordinary		Sale		1		6.0100  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		13,024	5.9980  GBP
10p ordinary		SWAP		Decreasing Short		75,003	5.9893  USD
10p ordinary		SWAP		Decreasing Short		3,782	5.9900  GBP
10p ordinary		SWAP		Decreasing Short		19,792	5.9931  GBP
10p ordinary		SWAP		Decreasing Short		21,769	5.9962  GBP
10p ordinary		SWAP		Decreasing Short		27,500	5.9971  GBP
10p ordinary		SWAP		Decreasing Short		6,125	5.9972  GBP
10p ordinary		SWAP		Decreasing Short		100,000	5.9985  GBP
10p ordinary		SWAP		Decreasing Short		400,000	5.9985  USD
10p ordinary		SWAP		Decreasing Short		81,606	6.0001  GBP
10p ordinary		SWAP		Decreasing Short		1,946	6.0041  GBP
10p ordinary		SWAP		Decreasing Short		752	6.0056  GBP
10p ordinary		SWAP		Decreasing Short		55,684	6.0171  GBP
10p ordinary		SWAP		Decreasing Short		333	6.0399  GBP
10p ordinary		SWAP		Decreasing Short		63	6.0400  GBP
10p ordinary		SWAP		Increasing Short		99,850	5.9606  USD
10p ordinary		SWAP		Increasing Short		51,015	5.9900  GBP
10p ordinary		SWAP		Increasing Short		57,710	5.9908  GBP
10p ordinary		SWAP		Increasing Short		944	5.9956  GBP
10p ordinary		SWAP		Increasing Short		100,000	5.9985  GBP
10p ordinary		SWAP		Increasing Short		150,000	5.9985  USD
10p ordinary		SWAP		Increasing Short		153,646	5.9989  GBP
10p ordinary		SWAP		Increasing Short		1,159	5.9999  GBP
10p ordinary		SWAP		Increasing Short		62,915	6.0030  GBP
10p ordinary		SWAP		Increasing Short		78,543	6.0049  GBP
10p ordinary		SWAP		Increasing Short		21,556	6.0050  GBP
10p ordinary		SWAP		Increasing Short		23,033	6.0064  GBP
10p ordinary		SWAP		Increasing Short		1,966	6.0077  GBP
10p ordinary		SWAP		Increasing Short		364	6.0100  GBP
10p ordinary		SWAP		Increasing Short		135,157	6.0130  GBP
10p ordinary		CFD		Decreasing Short		2,744	5.9900  GBP
10p ordinary		CFD		Decreasing Short		58,967	5.9903  GBP
10p ordinary		CFD		Decreasing Short		4,047	5.9923  GBP
10p ordinary		CFD		Decreasing Short		30,000	5.9979  GBP
10p ordinary		CFD		Increasing Short		31,132	5.9900  GBP
10p ordinary		CFD		Increasing Short		465	6.0503  GBP
10p ordinary		SWAP		Closing Short		4,537	5.9993  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:				23 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END