Barclays PLC Form 8.3 - DS SMITH PLC

RNS Number : 7943S

Barclays PLC

09 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:				08 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:			32,435,387	2.35%	16,460,874	1.19%
(2)	Cash-settled derivatives:
	and/or controlled:			12,840,397	0.93%	31,025,315	2.25%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			45,275,784	3.28%	47,486,189	3.44%
(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		500,000		5.4727  GBP
10p ordinary		Purchase		200,714		5.5215  GBP
10p ordinary		Purchase		132,976		5.5174  GBP
10p ordinary		Purchase		84,032		5.4892  GBP
10p ordinary		Purchase		74,861		5.5400  GBP
10p ordinary		Purchase		68,167		5.5160  GBP
10p ordinary		Purchase		29,086		5.4914  GBP
10p ordinary		Purchase		28,263		5.4777  GBP
10p ordinary		Purchase		26,684		5.5020  GBP
10p ordinary		Purchase		26,474		5.5089  GBP
10p ordinary		Purchase		23,394		5.5365  GBP
10p ordinary		Purchase		21,084		5.5366  GBP
10p ordinary		Purchase		20,796		5.5047  GBP
10p ordinary		Purchase		19,885		5.5036  GBP
10p ordinary		Purchase		19,486		5.5227  GBP
10p ordinary		Purchase		16,156		5.4741  GBP
10p ordinary		Purchase		15,742		5.5002  GBP
10p ordinary		Purchase		13,302		5.5076  GBP
10p ordinary		Purchase		12,627		5.4852  GBP
10p ordinary		Purchase		11,105		5.4842  GBP
10p ordinary		Purchase		10,328		5.4795  GBP
10p ordinary		Purchase		6,864		5.4846  GBP
10p ordinary		Purchase		5,954		5.5135  GBP
10p ordinary		Purchase		5,879		5.5230  GBP
10p ordinary		Purchase		5,258		5.5267  GBP
10p ordinary		Purchase		4,998		5.5261  GBP
10p ordinary		Purchase		4,920		5.5241  GBP
10p ordinary		Purchase		4,683		5.4979  GBP
10p ordinary		Purchase		4,282		5.5074  GBP
10p ordinary		Purchase		4,017		5.4673  GBP
10p ordinary		Purchase		3,779		5.4570  GBP
10p ordinary		Purchase		3,635		5.5200  GBP
10p ordinary		Purchase		3,557		5.5350  GBP
10p ordinary		Purchase		3,489		5.4863  GBP
10p ordinary		Purchase		3,371		5.5450  GBP
10p ordinary		Purchase		3,230		5.4600  GBP
10p ordinary		Purchase		3,208		5.4841  GBP
10p ordinary		Purchase		2,689		5.4750  GBP
10p ordinary		Purchase		2,663		5.4736  GBP
10p ordinary		Purchase		2,646		5.4650  GBP
10p ordinary		Purchase		2,264		5.5150  GBP
10p ordinary		Purchase		2,146		5.4811  GBP
10p ordinary		Purchase		2,121		5.4967  GBP
10p ordinary		Purchase		1,700		5.4800  GBP
10p ordinary		Purchase		1,679		5.4700  GBP
10p ordinary		Purchase		1,434		5.4706  GBP
10p ordinary		Purchase		1,310		5.4679  GBP
10p ordinary		Purchase		950		5.4975  GBP
10p ordinary		Purchase		774		5.5300  GBP
10p ordinary		Purchase		589		5.5013  GBP
10p ordinary		Purchase		585		5.5375  GBP
10p ordinary		Purchase		567		5.5050  GBP
10p ordinary		Purchase		546		5.5325  GBP
10p ordinary		Purchase		516		5.5000  GBP
10p ordinary		Purchase		484		5.4651  GBP
10p ordinary		Purchase		454		5.5100  GBP
10p ordinary		Purchase		454		5.4550  GBP
10p ordinary		Purchase		52		5.4500  GBP
10p ordinary		Sale		395,210		5.5139  GBP
10p ordinary		Sale		153,306		5.5245  GBP
10p ordinary		Sale		133,812		5.4766  GBP
10p ordinary		Sale		105,164		5.4955  GBP
10p ordinary		Sale		82,150		5.5400  GBP
10p ordinary		Sale		74,484		5.5312  GBP
10p ordinary		Sale		67,087		5.5121  GBP
10p ordinary		Sale		62,489		5.5004  GBP
10p ordinary		Sale		41,553		5.4639  GBP
10p ordinary		Sale		41,022		5.4940  GBP
10p ordinary		Sale		39,412		5.5011  GBP
10p ordinary		Sale		23,394		5.5366  GBP
10p ordinary		Sale		12,854		5.4713  GBP
10p ordinary		Sale		12,757		5.4641  GBP
10p ordinary		Sale		12,201		5.5032  GBP
10p ordinary		Sale		10,463		5.4874  GBP
10p ordinary		Sale		9,210		5.4764  GBP
10p ordinary		Sale		8,724		5.4877  GBP
10p ordinary		Sale		7,696		5.4652  GBP
10p ordinary		Sale		6,538		5.5007  GBP
10p ordinary		Sale		5,751		5.5054  GBP
10p ordinary		Sale		5,140		5.4979  GBP
10p ordinary		Sale		5,068		5.5419  GBP
10p ordinary		Sale		4,615		5.4873  GBP
10p ordinary		Sale		4,498		5.5077  GBP
10p ordinary		Sale		3,716		5.4722  GBP
10p ordinary		Sale		3,635		5.5200  GBP
10p ordinary		Sale		3,007		5.5143  GBP
10p ordinary		Sale		2,962		5.5350  GBP
10p ordinary		Sale		2,854		5.5150  GBP
10p ordinary		Sale		2,689		5.4750  GBP
10p ordinary		Sale		2,646		5.4650  GBP
10p ordinary		Sale		2,574		5.5129  GBP
10p ordinary		Sale		2,558		5.5052  GBP
10p ordinary		Sale		2,292		5.5169  GBP
10p ordinary		Sale		2,194		5.4700  GBP
10p ordinary		Sale		2,010		5.4550  GBP
10p ordinary		Sale		1,865		5.4986  GBP
10p ordinary		Sale		1,719		5.4881  GBP
10p ordinary		Sale		1,718		5.4600  GBP
10p ordinary		Sale		1,700		5.4800  GBP
10p ordinary		Sale		1,655		5.4966  GBP
10p ordinary		Sale		1,389		5.4543  GBP
10p ordinary		Sale		1,349		5.4785  GBP
10p ordinary		Sale		1,202		5.5199  GBP
10p ordinary		Sale		1,183		5.4825  GBP
10p ordinary		Sale		1,005		5.5450  GBP
10p ordinary		Sale		950		5.4975  GBP
10p ordinary		Sale		915		5.4741  GBP
10p ordinary		Sale		784		5.4900  GBP
10p ordinary		Sale		774		5.5300  GBP
10p ordinary		Sale		607		5.5399  GBP
10p ordinary		Sale		567		5.5050  GBP
10p ordinary		Sale		546		5.5325  GBP
10p ordinary		Sale		516		5.5000  GBP
10p ordinary		Sale		454		5.4551  GBP
10p ordinary		Sale		242		5.3800  GBP
10p ordinary		Sale		52		5.4500  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		91,441	5.5036  GBP
10p ordinary		SWAP		Decreasing Short		1,389	5.4543  GBP
10p ordinary		SWAP		Decreasing Short		12,757	5.4641  GBP
10p ordinary		SWAP		Decreasing Short		3,716	5.4722  GBP
10p ordinary		SWAP		Decreasing Short		9,210	5.4764  GBP
10p ordinary		SWAP		Decreasing Short		133,812	5.4766  USD
10p ordinary		SWAP		Decreasing Short		28,104	5.4806  GBP
10p ordinary		SWAP		Decreasing Short		784	5.4900  GBP
10p ordinary		SWAP		Decreasing Short		105,164	5.4956  GBP
10p ordinary		SWAP		Decreasing Short		15,777	5.5007  GBP
10p ordinary		SWAP		Decreasing Short		34,937	5.5014  GBP
10p ordinary		SWAP		Decreasing Short		5,751	5.5054  GBP
10p ordinary		SWAP		Decreasing Short		1,665	5.5103  GBP
10p ordinary		SWAP		Decreasing Short		64,013	5.5132  GBP
10p ordinary		SWAP		Decreasing Short		3,007	5.5142  GBP
10p ordinary		SWAP		Decreasing Short		55,703	5.5242  GBP
10p ordinary		SWAP		Decreasing Short		607	5.5399  GBP
10p ordinary		SWAP		Decreasing Short		47,347	5.5400  GBP
10p ordinary		SWAP		Decreasing Short		5,068	5.5419  GBP
10p ordinary		SWAP		Increasing Short		70	5.3800  GBP
10p ordinary		SWAP		Increasing Short		1	5.4600  GBP
10p ordinary		SWAP		Increasing Short		4,087	5.4604  GBP
10p ordinary		SWAP		Increasing Short		484	5.4651  GBP
10p ordinary		SWAP		Increasing Short		4,017	5.4673  GBP
10p ordinary		SWAP		Increasing Short		500,000	5.4727  GBP
10p ordinary		SWAP		Increasing Short		2,663	5.4736  GBP
10p ordinary		SWAP		Increasing Short		4,282	5.5073  GBP
10p ordinary		SWAP		Increasing Short		23,928	5.5400  GBP
10p ordinary		CFD		Decreasing Short		18	5.4750  GBP
10p ordinary		CFD		Decreasing Short		2,052	5.4853  GBP
10p ordinary		CFD		Decreasing Short		9,955	5.5090  GBP
10p ordinary		CFD		Decreasing Short		23,394	5.5365  GBP
10p ordinary		CFD		Decreasing Short		153	5.5400  GBP
10p ordinary		CFD		Increasing Short		18	5.4750  GBP
10p ordinary		CFD		Increasing Short		153	5.5400  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:				09 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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