Form 8.3 - DS SMITH PLC – Company Announcement

Form 8.3 - DS SMITH PLC

Jul 01 2024 16:18 BSTSource: RNS

RNS Number : 6579U

Barclays PLC

01 July 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:				28 Jun 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:			27,371,269	1.98%	22,687,972	1.64%
(2)	Cash-settled derivatives:
	and/or controlled:			9,307,603	0.67%	26,593,738	1.93%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%

	TOTAL:			36,678,872	2.66%	49,281,710	3.57%
(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		1,565,749		4.2099 GBP
10p ordinary		Purchase		1,194,428		4.2620 GBP
10p ordinary		Purchase		510,000		4.1870 GBP
10p ordinary		Purchase		503,407		4.2122 GBP
10p ordinary		Purchase		500,000		3.9319 GBP
10p ordinary		Purchase		406,500		4.1928 GBP
10p ordinary		Purchase		269,183		4.2076 GBP
10p ordinary		Purchase		250,000		4.1918 GBP
10p ordinary		Purchase		242,221		4.1844 GBP
10p ordinary		Purchase		172,870		4.2109 GBP
10p ordinary		Purchase		151,531		4.2302 GBP
10p ordinary		Purchase		140,000		4.1908 GBP
10p ordinary		Purchase		135,500		4.1882 GBP
10p ordinary		Purchase		113,643		4.2020 GBP
10p ordinary		Purchase		100,000		4.1816 GBP
10p ordinary		Purchase		100,000		4.1809 GBP
10p ordinary		Purchase		93,022		4.1974 GBP
10p ordinary		Purchase		81,336		4.1795 GBP
10p ordinary		Purchase		78,009		4.1895 GBP
10p ordinary		Purchase		65,700		4.2055 GBP
10p ordinary		Purchase		57,286		4.2019 GBP
10p ordinary		Purchase		43,253		4.1819 GBP
10p ordinary		Purchase		39,400		4.2044 GBP
10p ordinary		Purchase		33,064		4.1922 GBP
10p ordinary		Purchase		26,443		4.1860 GBP
10p ordinary		Purchase		25,336		4.1818 GBP
10p ordinary		Purchase		24,973		4.2129 GBP
10p ordinary		Purchase		23,410		4.2108 GBP
10p ordinary		Purchase		23,312		4.0654 GBP
10p ordinary		Purchase		18,299		4.1999 GBP
10p ordinary		Purchase		16,532		4.1745 GBP
10p ordinary		Purchase		16,532		4.1755 GBP
10p ordinary		Purchase		15,795		4.1917 GBP
10p ordinary		Purchase		15,718		4.2100 GBP
10p ordinary		Purchase		15,367		4.2277 GBP
10p ordinary		Purchase		14,621		4.1765 GBP
10p ordinary		Purchase		13,397		4.2297 GBP
10p ordinary		Purchase		12,203		4.2087 GBP
10p ordinary		Purchase		9,646		4.1891 GBP
10p ordinary		Purchase		8,767		4.2312 GBP
10p ordinary		Purchase		6,700		4.1874 GBP
10p ordinary		Purchase		5,441		4.1863 GBP
10p ordinary		Purchase		5,069		4.1800 GBP
10p ordinary		Purchase		4,051		4.2233 GBP
10p ordinary		Purchase		3,457		4.1955 GBP
10p ordinary		Purchase		3,420		4.2009 GBP
10p ordinary		Purchase		3,394		4.1828 GBP
10p ordinary		Purchase		3,332		4.1836 GBP
10p ordinary		Purchase		3,116		4.1780 GBP
10p ordinary		Purchase		3,068		4.1820 GBP
10p ordinary		Purchase		2,717		4.2171 GBP
10p ordinary		Purchase		2,478		4.1973 GBP
10p ordinary		Purchase		2,385		4.1810 GBP
10p ordinary		Purchase		2,049		4.2169 GBP
10p ordinary		Purchase		1,736		4.2324 GBP
10p ordinary		Purchase		1,697		4.1814 GBP
10p ordinary		Purchase		1,650		4.2300 GBP
10p ordinary		Purchase		1,606		4.1907 GBP
10p ordinary		Purchase		1,474		4.2022 GBP
10p ordinary		Purchase		1,472		4.2114 GBP
10p ordinary		Purchase		1,289		4.1847 GBP
10p ordinary		Purchase		1,281		4.2200 GBP
10p ordinary		Purchase		1,255		4.2000 GBP
10p ordinary		Purchase		966		4.1861 GBP
10p ordinary		Purchase		956		4.2088 GBP
10p ordinary		Purchase		882		4.1740 GBP
10p ordinary		Purchase		840		4.1720 GBP
10p ordinary		Purchase		759		4.2260 GBP
10p ordinary		Purchase		583		4.1840 GBP
10p ordinary		Sale		1,722,186		4.2100 GBP
10p ordinary		Sale		353,905		4.2099 GBP
10p ordinary		Sale		273,254		4.2025 GBP
10p ordinary		Sale		243,969		4.2087 GBP
10p ordinary		Sale		228,906		4.2102 GBP
10p ordinary		Sale		180,649		4.1832 GBP
10p ordinary		Sale		172,374		4.2007 GBP
10p ordinary		Sale		143,596		4.2003 GBP
10p ordinary		Sale		119,081		4.1933 GBP
10p ordinary		Sale		105,644		4.2116 GBP
10p ordinary		Sale		100,000		4.2233 GBP
10p ordinary		Sale		100,000		4.2261 GBP
10p ordinary		Sale		94,869		4.2026 GBP
10p ordinary		Sale		84,739		4.1975 GBP
10p ordinary		Sale		84,697		4.1837 GBP
10p ordinary		Sale		80,776		4.1815 GBP
10p ordinary		Sale		63,180		4.1814 GBP
10p ordinary		Sale		61,821		4.1858 GBP
10p ordinary		Sale		33,738		4.1931 GBP
10p ordinary		Sale		29,436		4.1845 GBP
10p ordinary		Sale		25,486		4.2022 GBP
10p ordinary		Sale		20,208		4.2170 GBP
10p ordinary		Sale		19,145		4.2093 GBP
10p ordinary		Sale		13,616		4.1825 GBP
10p ordinary		Sale		11,872		4.2117 GBP
10p ordinary		Sale		10,038		4.1945 GBP
10p ordinary		Sale		10,000		4.0406 GBP
10p ordinary		Sale		10,000		4.2052 GBP
10p ordinary		Sale		9,810		4.2162 GBP
10p ordinary		Sale		8,075		4.2124 GBP
10p ordinary		Sale		7,171		4.2143 GBP
10p ordinary		Sale		6,631		4.1870 GBP
10p ordinary		Sale		6,500		4.2130 GBP
10p ordinary		Sale		5,864		4.2065 GBP
10p ordinary		Sale		5,253		4.1841 GBP
10p ordinary		Sale		5,069		4.1800 GBP
10p ordinary		Sale		5,044		4.2150 GBP
10p ordinary		Sale		4,292		4.1790 GBP
10p ordinary		Sale		4,236		4.2059 GBP
10p ordinary		Sale		3,116		4.1780 GBP
10p ordinary		Sale		2,755		4.2111 GBP
10p ordinary		Sale		2,738		4.1720 GBP
10p ordinary		Sale		2,572		4.1822 GBP
10p ordinary		Sale		2,320		4.1820 GBP
10p ordinary		Sale		1,828		4.1819 GBP
10p ordinary		Sale		1,650		4.2300 GBP
10p ordinary		Sale		1,529		4.1840 GBP
10p ordinary		Sale		1,220		4.1810 GBP
10p ordinary		Sale		882		4.1740 GBP
10p ordinary		Sale		515		4.1880 GBP
10p ordinary		Sale		453		4.2140 GBP
10p ordinary		Sale		444		4.2000 GBP
10p ordinary		Sale		68		4.2020 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		Opening Long		550,615	4.2100 GBP
10p ordinary		CFD		Increasing Long		413	4.2000 GBP
10p ordinary		CFD		Increasing Long		360,356	4.2099 GBP
10p ordinary		CFD		Increasing Long		25	4.2100 GBP
10p ordinary		CFD		Decreasing Long		413	4.2000 GBP
10p ordinary		CFD		Decreasing Long		4,628	4.2100 GBP
10p ordinary		SWAP		Decreasing Long		4,782	4.2037 GBP
10p ordinary		SWAP		Opening Long		13,224	4.2097 GBP
10p ordinary		SWAP		Closing Long		4,688	4.2100 GBP
10p ordinary		SWAP		Increasing Short		2,292	4.2134 GBP
10p ordinary		SWAP		Increasing Long		7,200	4.1855 GBP
10p ordinary		SWAP		Decreasing Long		36	4.2066 GBP
10p ordinary		SWAP		Increasing Long		19,145	4.2093 GBP
10p ordinary		SWAP		Increasing Long		2,572	4.1822 GBP
10p ordinary		SWAP		Increasing Long		515	4.1880 GBP
10p ordinary		SWAP		Increasing Long		42,407	4.1926 GBP
10p ordinary		SWAP		Increasing Long		172,374	4.2007 GBP
10p ordinary		SWAP		Increasing Long		453	4.2140 GBP
10p ordinary		SWAP		Decreasing Long		150,000	3.9319 GBP
10p ordinary		SWAP		Decreasing Long		1,289	4.1847 GBP
10p ordinary		SWAP		Decreasing Long		78,000	4.1870 GBP
10p ordinary		SWAP		Decreasing Long		342,000	4.1906 GBP
10p ordinary		SWAP		Decreasing Long		972	4.1955 GBP
10p ordinary		SWAP		Decreasing Long		115,583	4.2025 GBP
10p ordinary		SWAP		Decreasing Long		21,402	4.2098 GBP
10p ordinary		SWAP		Decreasing Long		209,617	4.2100 GBP
10p ordinary		SWAP		Decreasing Long		503,407	4.2122 GBP
10p ordinary		SWAP		Decreasing Long		1,194,428	4.2620 GBP
10p ordinary		SWAP		Increasing Long		94,869	4.2026 GBP
10p ordinary		SWAP		Decreasing Long		2,182	4.2021 GBP
10p ordinary		SWAP		Decreasing Long		22,791	4.2140 GBP
10p ordinary		SWAP		Increasing Short		23,312	4.0654 GBP
10p ordinary		SWAP		Increasing Short		16,532	4.1745 GBP
10p ordinary		SWAP		Increasing Short		16,532	4.1755 GBP
10p ordinary		SWAP		Increasing Short		33,064	4.1922 GBP
10p ordinary		SWAP		Decreasing Short		79,689	4.2014 GBP
10p ordinary		SWAP		Decreasing Short		243,969	4.2087 GBP
10p ordinary		SWAP		Increasing Short		350,000	3.9319 GBP
10p ordinary		SWAP		Increasing Short		182,000	4.1870 GBP
10p ordinary		SWAP		Increasing Short		840,000	4.1906 GBP
10p ordinary		SWAP		Increasing Short		170,606	4.2100 GBP
10p ordinary		SWAP		Increasing Short		1,281	4.2200 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:				01 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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Company Announcements

Form 8.3 - DS SMITH PLC