Form 8.3 - DS SMITH PLC

Barclays PLC

08 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:				07 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:			32,359,905	2.34%	16,459,374	1.19%
(2)	Cash-settled derivatives:
	and/or controlled:			12,809,944	0.93%	30,928,101	2.24%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			45,169,849	3.27%	47,387,475	3.43%
(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		399,065		5.4288  GBP
10p ordinary		Purchase		151,676		5.4300  GBP
10p ordinary		Purchase		133,226		5.4117  GBP
10p ordinary		Purchase		88,962		5.4277  GBP
10p ordinary		Purchase		78,613		5.4251  GBP
10p ordinary		Purchase		61,391		5.4227  GBP
10p ordinary		Purchase		28,654		5.4228  GBP
10p ordinary		Purchase		21,324		5.4147  GBP
10p ordinary		Purchase		17,093		5.4234  GBP
10p ordinary		Purchase		11,946		5.4193  GBP
10p ordinary		Purchase		9,510		5.4028  GBP
10p ordinary		Purchase		9,000		5.3793  GBP
10p ordinary		Purchase		8,928		5.4052  GBP
10p ordinary		Purchase		8,378		5.4208  GBP
10p ordinary		Purchase		7,610		5.4050  GBP
10p ordinary		Purchase		7,462		5.4194  GBP
10p ordinary		Purchase		7,442		5.4303  GBP
10p ordinary		Purchase		6,434		5.4085  GBP
10p ordinary		Purchase		6,305		5.4115  GBP
10p ordinary		Purchase		5,056		5.4114  GBP
10p ordinary		Purchase		4,848		5.3900  GBP
10p ordinary		Purchase		4,266		5.4100  GBP
10p ordinary		Purchase		4,139		5.4049  GBP
10p ordinary		Purchase		4,078		5.4264  GBP
10p ordinary		Purchase		3,536		5.3966  GBP
10p ordinary		Purchase		3,080		5.3873  GBP
10p ordinary		Purchase		2,850		5.4260  GBP
10p ordinary		Purchase		2,783		5.4433  GBP
10p ordinary		Purchase		2,757		5.4150  GBP
10p ordinary		Purchase		2,343		5.4092  GBP
10p ordinary		Purchase		2,318		5.4069  GBP
10p ordinary		Purchase		2,213		5.4009  GBP
10p ordinary		Purchase		2,137		5.4109  GBP
10p ordinary		Purchase		1,998		5.4000  GBP
10p ordinary		Purchase		1,703		5.4075  GBP
10p ordinary		Purchase		1,571		5.3950  GBP
10p ordinary		Purchase		1,541		5.4550  GBP
10p ordinary		Purchase		1,443		5.4250  GBP
10p ordinary		Purchase		1,400		5.4400  GBP
10p ordinary		Purchase		1,287		5.4200  GBP
10p ordinary		Purchase		1,159		5.4235  GBP
10p ordinary		Purchase		1,135		5.4544  GBP
10p ordinary		Purchase		1,091		5.3775  GBP
10p ordinary		Purchase		1,006		5.3975  GBP
10p ordinary		Purchase		974		5.4500  GBP
10p ordinary		Purchase		895		5.3800  GBP
10p ordinary		Purchase		724		5.4450  GBP
10p ordinary		Purchase		623		5.3550  GBP
10p ordinary		Purchase		593		5.3850  GBP
10p ordinary		Purchase		376		5.4375  GBP
10p ordinary		Sale		328,894		5.4261  GBP
10p ordinary		Sale		243,724		5.4300  GBP
10p ordinary		Sale		171,511		5.4311  GBP
10p ordinary		Sale		155,184		5.4293  GBP
10p ordinary		Sale		142,106		5.4129  GBP
10p ordinary		Sale		105,349		5.4177  GBP
10p ordinary		Sale		63,418		5.4100  GBP
10p ordinary		Sale		45,351		5.4188  GBP
10p ordinary		Sale		43,847		5.4416  GBP
10p ordinary		Sale		42,458		5.4170  GBP
10p ordinary		Sale		31,924		5.4136  GBP
10p ordinary		Sale		31,179		5.4141  GBP
10p ordinary		Sale		29,875		5.4000  GBP
10p ordinary		Sale		27,877		5.3551  GBP
10p ordinary		Sale		26,374		5.4131  GBP
10p ordinary		Sale		20,257		5.4117  GBP
10p ordinary		Sale		19,114		5.4344  GBP
10p ordinary		Sale		18,214		5.4462  GBP
10p ordinary		Sale		16,260		5.4304  GBP
10p ordinary		Sale		15,220		5.4444  GBP
10p ordinary		Sale		15,109		5.4060  GBP
10p ordinary		Sale		13,667		5.4063  GBP
10p ordinary		Sale		10,304		5.4500  GBP
10p ordinary		Sale		9,076		5.3801  GBP
10p ordinary		Sale		8,634		5.4009  GBP
10p ordinary		Sale		8,145		5.4149  GBP
10p ordinary		Sale		7,808		5.4050  GBP
10p ordinary		Sale		5,250		5.4262  GBP
10p ordinary		Sale		4,848		5.3900  GBP
10p ordinary		Sale		4,748		5.4128  GBP
10p ordinary		Sale		4,239		5.4143  GBP
10p ordinary		Sale		3,845		5.3859  GBP
10p ordinary		Sale		3,733		5.4263  GBP
10p ordinary		Sale		2,916		5.3927  GBP
10p ordinary		Sale		2,757		5.4150  GBP
10p ordinary		Sale		2,708		5.3977  GBP
10p ordinary		Sale		2,470		5.4309  GBP
10p ordinary		Sale		2,329		5.4450  GBP
10p ordinary		Sale		1,951		5.4021  GBP
10p ordinary		Sale		1,907		5.4303  GBP
10p ordinary		Sale		1,682		5.4190  GBP
10p ordinary		Sale		1,675		5.4001  GBP
10p ordinary		Sale		1,571		5.3950  GBP
10p ordinary		Sale		1,541		5.4550  GBP
10p ordinary		Sale		1,443		5.4250  GBP
10p ordinary		Sale		1,400		5.4400  GBP
10p ordinary		Sale		1,219		5.4104  GBP
10p ordinary		Sale		1,116		5.3875  GBP
10p ordinary		Sale		1,091		5.3775  GBP
10p ordinary		Sale		728		5.4075  GBP
10p ordinary		Sale		623		5.3550  GBP
10p ordinary		Sale		593		5.3850  GBP
10p ordinary		Sale		479		5.4114  GBP
10p ordinary		Sale		111		5.4091  GBP
10p ordinary		Sale		95		5.3800  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		54,876	5.4155  GBP
10p ordinary		SWAP		Decreasing Short		945	5.3550  GBP
10p ordinary		SWAP		Decreasing Short		1,091	5.3775  GBP
10p ordinary		SWAP		Decreasing Short		2,708	5.3977  GBP
10p ordinary		SWAP		Decreasing Short		4,520	5.4025  GBP
10p ordinary		SWAP		Decreasing Short		13,667	5.4063  GBP
10p ordinary		SWAP		Decreasing Short		111	5.4091  GBP
10p ordinary		SWAP		Decreasing Short		479	5.4114  GBP
10p ordinary		SWAP		Decreasing Short		113,328	5.4129  GBP
10p ordinary		SWAP		Decreasing Short		3,384	5.4138  GBP
10p ordinary		SWAP		Decreasing Short		15,726	5.4140  GBP
10p ordinary		SWAP		Decreasing Short		31,179	5.4141  GBP
10p ordinary		SWAP		Decreasing Short		4,239	5.4143  GBP
10p ordinary		SWAP		Decreasing Short		12,027	5.4147  GBP
10p ordinary		SWAP		Decreasing Short		107,227	5.4172  GBP
10p ordinary		SWAP		Decreasing Short		91,947	5.4185  GBP
10p ordinary		SWAP		Decreasing Short		44,611	5.4188  GBP
10p ordinary		SWAP		Decreasing Short		49,026	5.4208  GBP
10p ordinary		SWAP		Decreasing Short		16,937	5.4297  GBP
10p ordinary		SWAP		Decreasing Short		282,379	5.4300  GBP
10p ordinary		SWAP		Decreasing Short		19,114	5.4344  GBP
10p ordinary		SWAP		Increasing Short		3,080	5.3873  GBP
10p ordinary		SWAP		Increasing Short		519	5.4079  GBP
10p ordinary		SWAP		Increasing Short		2,343	5.4092  GBP
10p ordinary		SWAP		Increasing Short		1,304	5.4111  GBP
10p ordinary		SWAP		Increasing Short		14,603	5.4207  GBP
10p ordinary		SWAP		Increasing Short		61,391	5.4227  USD
10p ordinary		SWAP		Increasing Short		2,850	5.4260  GBP
10p ordinary		SWAP		Increasing Short		15,128	5.4291  GBP
10p ordinary		SWAP		Increasing Short		38,911	5.4300  GBP
10p ordinary		CFD		Decreasing Short		4,820	5.4219  GBP
10p ordinary		CFD		Decreasing Short		423	5.4300  GBP
10p ordinary		CFD		Increasing Short		100,000	5.4079  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:				08 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END