Form 8.3 - DS SMITH PLC – Company Announcement

Form 8.3 - DS SMITH PLC

Jul 05 2024 15:26 BSTSource: RNS

RNS Number : 3703V

Barclays PLC

05 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:				04 Jul 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:			33,068,585	2.40%	22,249,441	1.61%
(2)	Cash-settled derivatives:
	and/or controlled:			8,618,849	0.62%	32,364,437	2.35%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%

	TOTAL:			41,687,434	3.02%	54,613,878	3.96%
(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		374,387		4.2528 GBP
10p ordinary		Purchase		250,000		4.2439 GBP
10p ordinary		Purchase		78,132		4.2500 GBP
10p ordinary		Purchase		67,238		4.2407 GBP
10p ordinary		Purchase		48,100		4.2493 GBP
10p ordinary		Purchase		27,869		4.2766 GBP
10p ordinary		Purchase		24,639		4.2631 GBP
10p ordinary		Purchase		23,572		4.2552 GBP
10p ordinary		Purchase		20,642		4.2749 GBP
10p ordinary		Purchase		20,506		4.2338 GBP
10p ordinary		Purchase		20,289		4.2640 GBP
10p ordinary		Purchase		18,060		4.2527 GBP
10p ordinary		Purchase		16,395		4.2576 GBP
10p ordinary		Purchase		16,224		4.2521 GBP
10p ordinary		Purchase		16,221		4.2509 GBP
10p ordinary		Purchase		14,103		4.2513 GBP
10p ordinary		Purchase		12,637		4.2399 GBP
10p ordinary		Purchase		11,284		4.2525 GBP
10p ordinary		Purchase		9,664		4.2628 GBP
10p ordinary		Purchase		7,880		4.2609 GBP
10p ordinary		Purchase		6,615		4.2510 GBP
10p ordinary		Purchase		6,046		4.2502 GBP
10p ordinary		Purchase		4,284		4.2550 GBP
10p ordinary		Purchase		4,251		4.2641 GBP
10p ordinary		Purchase		2,828		4.2430 GBP
10p ordinary		Purchase		2,047		4.2816 GBP
10p ordinary		Purchase		1,549		4.2350 GBP
10p ordinary		Purchase		1,530		4.2385 GBP
10p ordinary		Purchase		1,501		4.2480 GBP
10p ordinary		Purchase		1,347		4.2675 GBP
10p ordinary		Purchase		772		4.2720 GBP
10p ordinary		Purchase		491		4.2740 GBP
10p ordinary		Purchase		218		4.2400 GBP
10p ordinary		Purchase		187		4.2402 GBP
10p ordinary		Purchase		131		4.2401 GBP
10p ordinary		Purchase		100		4.2420 GBP
10p ordinary		Purchase		47		4.2560 GBP
10p ordinary		Sale		150,410		4.2510 GBP
10p ordinary		Sale		34,073		4.2449 GBP
10p ordinary		Sale		27,127		4.2497 GBP
10p ordinary		Sale		22,290		4.2500 GBP
10p ordinary		Sale		21,887		4.2502 GBP
10p ordinary		Sale		16,221		4.2509 GBP
10p ordinary		Sale		13,185		4.2794 GBP
10p ordinary		Sale		10,309		4.2725 GBP
10p ordinary		Sale		8,187		4.2573 GBP
10p ordinary		Sale		6,663		4.2799 GBP
10p ordinary		Sale		5,740		4.2626 GBP
10p ordinary		Sale		5,000		4.2440 GBP
10p ordinary		Sale		2,946		4.2803 GBP
10p ordinary		Sale		1,621		4.2700 GBP
10p ordinary		Sale		1,501		4.2480 GBP
10p ordinary		Sale		1,423		4.2433 GBP
10p ordinary		Sale		1,138		4.2720 GBP
10p ordinary		Sale		1,005		4.2876 GBP
10p ordinary		Sale		870		4.2400 GBP
10p ordinary		Sale		619		4.2781 GBP
10p ordinary		Sale		558		4.2340 GBP
10p ordinary		Sale		524		4.2470 GBP
10p ordinary		Sale		285		4.2420 GBP
10p ordinary		Sale		78		4.2479 GBP
10p ordinary		Sale		47		4.2564 GBP

(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		CFD		Increasing Long		28,947	4.2379 GBP
10p ordinary		CFD		Increasing Long		2,808	4.2500 GBP
10p ordinary		CFD		Decreasing Long		60,540	4.2500 GBP
10p ordinary		CFD		Decreasing Long		16,221	4.2509 GBP
10p ordinary		SWAP		Increasing Long		34,073	4.2449 GBP
10p ordinary		SWAP		Increasing Long		27,127	4.2497 GBP
10p ordinary		SWAP		Decreasing Short		18,790	4.2500 GBP
10p ordinary		SWAP		Decreasing Short		80,426	4.2508 GBP
10p ordinary		SWAP		Decreasing Short		366	4.2720 GBP
10p ordinary		SWAP		Decreasing Short		13,185	4.2794 GBP
10p ordinary		SWAP		Decreasing Short		2,946	4.2803 GBP
10p ordinary		SWAP		Increasing Short		20,172	4.2407 GBP
10p ordinary		SWAP		Increasing Short		75,000	4.2439 GBP
10p ordinary		SWAP		Increasing Short		48,100	4.2493 GBP
10p ordinary		SWAP		Increasing Short		160,991	4.2540 GBP
10p ordinary		SWAP		Increasing Short		21,905	4.2541 GBP
10p ordinary		SWAP		Increasing Short		290	4.2580 GBP
10p ordinary		SWAP		Increasing Short		969	4.2740 GBP
10p ordinary		SWAP		Increasing Short		2,047	4.2816 GBP
10p ordinary		SWAP		Increasing Long		78	4.2479 GBP
10p ordinary		SWAP		Decreasing Long		19,598	4.2333 GBP
10p ordinary		SWAP		Decreasing Long		908	4.2446 GBP
10p ordinary		SWAP		Decreasing Long		20,642	4.2749 GBP
10p ordinary		SWAP		Decreasing Short		9,830	4.2500 GBP
10p ordinary		SWAP		Decreasing Short		6,663	4.2799 GBP
10p ordinary		SWAP		Decreasing Short		4,385	4.2803 GBP
10p ordinary		SWAP		Increasing Short		1,549	4.2350 GBP
10p ordinary		SWAP		Increasing Short		47,066	4.2407 GBP
10p ordinary		SWAP		Increasing Short		175,000	4.2439 GBP
10p ordinary		SWAP		Increasing Short		16,224	4.2521 GBP
10p ordinary		SWAP		Increasing Short		321,306	4.2551 GBP
10p ordinary		SWAP		Increasing Short		4,743	4.2592 GBP
10p ordinary		SWAP		Increasing Short		4,251	4.2641 GBP
10p ordinary		SWAP		Increasing Short		772	4.2720 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:				05 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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