Form 8.3 - DS SMITH PLC

Barclays PLC

10 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:				09 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:			32,265,859	2.34%	17,776,136	1.29%
(2)	Cash-settled derivatives:
	and/or controlled:			12,846,747	0.93%	30,842,170	2.23%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			45,112,606	3.27%	48,618,306	3.52%
(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		126,500		5.6708  GBP
10p ordinary		Purchase		78,339		5.6990  GBP
10p ordinary		Purchase		72,259		5.6731  GBP
10p ordinary		Purchase		43,524		5.6750  GBP
10p ordinary		Purchase		41,555		5.6474  GBP
10p ordinary		Purchase		23,945		5.6206  GBP
10p ordinary		Purchase		17,608		5.6600  GBP
10p ordinary		Purchase		15,223		5.6584  GBP
10p ordinary		Purchase		15,055		5.6512  GBP
10p ordinary		Purchase		13,455		5.6446  GBP
10p ordinary		Purchase		10,511		5.6619  GBP
10p ordinary		Purchase		9,560		5.6813  GBP
10p ordinary		Purchase		5,715		5.6755  GBP
10p ordinary		Purchase		4,851		5.6618  GBP
10p ordinary		Purchase		4,656		5.6537  GBP
10p ordinary		Purchase		4,459		5.6829  GBP
10p ordinary		Purchase		4,075		5.6711  GBP
10p ordinary		Purchase		4,020		5.6663  GBP
10p ordinary		Purchase		2,857		5.6648  GBP
10p ordinary		Purchase		2,797		5.6660  GBP
10p ordinary		Purchase		2,660		5.6601  GBP
10p ordinary		Purchase		2,453		5.6637  GBP
10p ordinary		Purchase		2,301		5.6527  GBP
10p ordinary		Purchase		2,233		5.6261  GBP
10p ordinary		Purchase		2,129		5.6611  GBP
10p ordinary		Purchase		2,039		5.6642  GBP
10p ordinary		Purchase		1,904		5.6198  GBP
10p ordinary		Purchase		1,597		5.6621  GBP
10p ordinary		Purchase		1,414		5.6598  GBP
10p ordinary		Purchase		1,365		5.6659  GBP
10p ordinary		Purchase		1,112		5.6546  GBP
10p ordinary		Purchase		1,039		5.6200  GBP
10p ordinary		Purchase		213		5.6500  GBP
10p ordinary		Purchase		24		5.6650  GBP
10p ordinary		Purchase		7		5.6355  GBP
10p ordinary		Sale		1,283,072		5.6000  GBP
10p ordinary		Sale		257,610		5.6745  GBP
10p ordinary		Sale		170,573		5.6695  GBP
10p ordinary		Sale		77,752		5.6750  GBP
10p ordinary		Sale		53,815		5.6564  GBP
10p ordinary		Sale		27,402		5.6502  GBP
10p ordinary		Sale		26,509		5.6595  GBP
10p ordinary		Sale		25,000		5.6585  GBP
10p ordinary		Sale		16,930		5.6665  GBP
10p ordinary		Sale		15,926		5.6512  GBP
10p ordinary		Sale		10,874		5.6690  GBP
10p ordinary		Sale		8,661		5.6594  GBP
10p ordinary		Sale		6,508		5.6580  GBP
10p ordinary		Sale		5,817		5.6751  GBP
10p ordinary		Sale		5,771		5.6647  GBP
10p ordinary		Sale		4,790		5.6600  GBP
10p ordinary		Sale		3,757		5.6350  GBP
10p ordinary		Sale		2,161		5.7018  GBP
10p ordinary		Sale		1,995		5.6510  GBP
10p ordinary		Sale		1,632		5.6634  GBP
10p ordinary		Sale		1,609		5.6633  GBP
10p ordinary		Sale		605		5.6601  GBP
10p ordinary		Sale		535		5.6537  GBP
10p ordinary		Sale		342		5.6128  GBP
10p ordinary		Sale		187		5.6749  GBP
10p ordinary		Sale		181		5.6607  GBP
10p ordinary		Sale		68		5.6523  GBP
10p ordinary		Sale		54		5.6651  GBP
10p ordinary		Sale		52		5.6650  GBP
10p ordinary		Sale		1		5.6300  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		35,260	5.6660  GBP
10p ordinary		SWAP		Decreasing Short		342	5.6128  GBP
10p ordinary		SWAP		Decreasing Short		27,402	5.6502  GBP
10p ordinary		SWAP		Decreasing Short		1,995	5.6510  GBP
10p ordinary		SWAP		Decreasing Short		871	5.6512  GBP
10p ordinary		SWAP		Decreasing Short		53,815	5.6564  GBP
10p ordinary		SWAP		Decreasing Short		12,060	5.6626  GBP
10p ordinary		SWAP		Decreasing Short		16,930	5.6665  GBP
10p ordinary		SWAP		Decreasing Short		11,291	5.6678  GBP
10p ordinary		SWAP		Decreasing Short		35,875	5.6704  GBP
10p ordinary		SWAP		Decreasing Short		187	5.6749  GBP
10p ordinary		SWAP		Decreasing Short		116,302	5.6750  GBP
10p ordinary		SWAP		Increasing Short		1,945	5.3977  USD
10p ordinary		SWAP		Increasing Short		67	5.6000  GBP
10p ordinary		SWAP		Increasing Short		507	5.6204  GBP
10p ordinary		SWAP		Increasing Short		2,233	5.6261  GBP
10p ordinary		SWAP		Increasing Short		13,455	5.6446  GBP
10p ordinary		SWAP		Increasing Short		2,129	5.6611  GBP
10p ordinary		SWAP		Increasing Short		13,498	5.6673  GBP
10p ordinary		SWAP		Increasing Short		4,240	5.6750  GBP
10p ordinary		CFD		Decreasing Short		861	5.5855  GBP
10p ordinary		CFD		Decreasing Short		2,828	5.6150  GBP
10p ordinary		CFD		Decreasing Short		13,420	5.6620  GBP
10p ordinary		CFD		Decreasing Short		7	5.6757  GBP
10p ordinary		CFD		Increasing Short		8,000	5.6004  GBP
10p ordinary		CFD		Increasing Short		2,828	5.6150  GBP
10p ordinary		CFD		Increasing Short		15,055	5.6512  GBP
10p ordinary		CFD		Increasing Short		5,467	5.6555  GBP
10p ordinary		CFD		Increasing Short		7	5.6757  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:				10 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END