Form 8.3 - DS SMITH PLC

RNS Number : 1661V

Barclays PLC

29 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:				28 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:			33,093,476	2.40%	13,244,173	0.96%
(2)	Cash-settled derivatives:
	and/or controlled:			13,059,134	0.95%	30,728,172	2.23%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%

	TOTAL:			46,152,610	3.34%	43,972,345	3.19%
(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		351,650		6.0225 GBP
10p ordinary		Purchase		163,057		6.0490 GBP
10p ordinary		Purchase		147,342		6.0137 GBP
10p ordinary		Purchase		125,973		6.0392 GBP
10p ordinary		Purchase		111,509		6.0150 GBP
10p ordinary		Purchase		65,720		6.0407 GBP
10p ordinary		Purchase		47,477		6.0680 GBP
10p ordinary		Purchase		45,639		6.0221 GBP
10p ordinary		Purchase		44,559		6.0418 GBP
10p ordinary		Purchase		37,478		6.0674 GBP
10p ordinary		Purchase		24,322		6.0406 GBP
10p ordinary		Purchase		22,068		6.0205 GBP
10p ordinary		Purchase		20,873		6.0414 GBP
10p ordinary		Purchase		11,674		6.0467 GBP
10p ordinary		Purchase		7,847		6.0198 GBP
10p ordinary		Purchase		7,632		6.0149 GBP
10p ordinary		Purchase		7,554		6.0390 GBP
10p ordinary		Purchase		4,373		6.0449 GBP
10p ordinary		Purchase		3,452		6.0352 GBP
10p ordinary		Purchase		3,323		6.0415 GBP
10p ordinary		Purchase		3,066		6.0463 GBP
10p ordinary		Purchase		2,989		6.0500 GBP
10p ordinary		Purchase		2,593		6.0550 GBP
10p ordinary		Purchase		2,535		6.0365 GBP
10p ordinary		Purchase		2,221		6.0489 GBP
10p ordinary		Purchase		1,966		6.0136 GBP
10p ordinary		Purchase		1,689		6.0325 GBP
10p ordinary		Purchase		1,250		6.0800 GBP
10p ordinary		Purchase		1,118		6.0487 GBP
10p ordinary		Purchase		1,038		6.0375 GBP
10p ordinary		Purchase		848		6.0450 GBP
10p ordinary		Purchase		640		6.0178 GBP
10p ordinary		Purchase		640		6.0140 GBP
10p ordinary		Purchase		619		6.0050 GBP
10p ordinary		Purchase		140		6.0248 GBP
10p ordinary		Purchase		77		6.0100 GBP
10p ordinary		Purchase		37		6.0125 GBP
10p ordinary		Purchase		13		6.0250 GBP
10p ordinary		Sale		1,309,186		6.0500 GBP
10p ordinary		Sale		438,200		6.1119 GBP
10p ordinary		Sale		438,199		6.0068 GBP
10p ordinary		Sale		238,546		6.0150 GBP
10p ordinary		Sale		206,969		6.0184 GBP
10p ordinary		Sale		83,526		6.0450 GBP
10p ordinary		Sale		70,000		6.0506 GBP
10p ordinary		Sale		42,481		6.0322 GBP
10p ordinary		Sale		27,842		6.0350 GBP
10p ordinary		Sale		18,780		6.0336 GBP
10p ordinary		Sale		16,556		6.0710 GBP
10p ordinary		Sale		9,927		6.0334 GBP
10p ordinary		Sale		9,552		6.0292 GBP
10p ordinary		Sale		7,569		6.0330 GBP
10p ordinary		Sale		6,674		6.0269 GBP
10p ordinary		Sale		5,904		6.0273 GBP
10p ordinary		Sale		4,588		6.0058 GBP
10p ordinary		Sale		4,341		6.0513 GBP
10p ordinary		Sale		3,658		6.0159 GBP
10p ordinary		Sale		3,512		6.0182 GBP
10p ordinary		Sale		2,670		6.0393 GBP
10p ordinary		Sale		2,364		6.0124 GBP
10p ordinary		Sale		1,966		6.0199 GBP
10p ordinary		Sale		1,858		6.0204 GBP
10p ordinary		Sale		1,343		6.0502 GBP
10p ordinary		Sale		1,109		6.0550 GBP
10p ordinary		Sale		619		6.0050 GBP
10p ordinary		Sale		566		6.0051 GBP
10p ordinary		Sale		560		6.0650 GBP
10p ordinary		Sale		558		6.0300 GBP
10p ordinary		Sale		323		6.0125 GBP
10p ordinary		Sale		140		6.0254 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		Decreasing Short		587,231	6.0700 GBP
10p ordinary		SWAP		Increasing Short		13,373	6.0331 GBP
10p ordinary		SWAP		Decreasing Short		4,588	6.0058 GBP
10p ordinary		SWAP		Decreasing Short		438,199	6.0067 GBP
10p ordinary		SWAP		Decreasing Short		2,174	6.0136 USD
10p ordinary		SWAP		Decreasing Short		1,600	6.0150 GBP
10p ordinary		SWAP		Decreasing Short		13,946	6.0247 GBP
10p ordinary		SWAP		Decreasing Short		77,990	6.0313 GBP
10p ordinary		SWAP		Decreasing Short		42,481	6.0322 GBP
10p ordinary		SWAP		Decreasing Short		70,000	6.0506 GBP
10p ordinary		SWAP		Decreasing Short		438,200	6.1119 GBP
10p ordinary		SWAP		Increasing Short		34,407	6.0150 GBP
10p ordinary		SWAP		Increasing Short		56,372	6.0171 GBP
10p ordinary		SWAP		Increasing Short		45,639	6.0221 GBP
10p ordinary		SWAP		Increasing Short		125,973	6.0392 GBP
10p ordinary		SWAP		Increasing Short		20,873	6.0414 GBP
10p ordinary		SWAP		Increasing Short		8,000	6.0415 GBP
10p ordinary		SWAP		Increasing Short		44,559	6.0418 GBP
10p ordinary		SWAP		Increasing Short		50,740	6.0446 GBP
10p ordinary		SWAP		Increasing Short		29,659	6.0454 GBP
10p ordinary		SWAP		Increasing Short		163,057	6.0490 USD
10p ordinary		SWAP		Increasing Short		1,667	6.0550 GBP
10p ordinary		SWAP		Increasing Short		37,478	6.0674 USD
10p ordinary		SWAP		Increasing Short		47,477	6.0680 USD
10p ordinary		CFD		Decreasing Short		2,852	6.0150 GBP
10p ordinary		CFD		Decreasing Short		40,671	6.0291 GBP
10p ordinary		CFD		Decreasing Short		1,309,186	6.0500 GBP
10p ordinary		CFD		Decreasing Short		1,109	6.0550 GBP
10p ordinary		CFD		Increasing Short		104,175	6.0150 GBP
10p ordinary		CFD		Increasing Short		31,751	6.0328 GBP
10p ordinary		CFD		Increasing Short		20,000	6.0454 GBP
10p ordinary		CFD		Increasing Short		10,064	6.0465 GBP
10p ordinary		CFD		Increasing Short		33,602	6.0574 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:				29 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RETEKLFLEFLBBBX