RNS Number : 1038T
Barclays PLC
19 June 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:

18 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:



31,310,753

2.27%

30,566,227

2.22%

(2)

Cash-settled derivatives:






and/or controlled:



7,393,127

0.54%

30,371,373

2.20%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



38,703,880

2.81%

60,937,600

4.42%

(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

858,740

3.5040  GBP

10p ordinary

Purchase

430,985

3.4837  GBP

10p ordinary

Purchase

317,179

3.4832  GBP

10p ordinary

Purchase

229,942

3.4968  GBP

10p ordinary

Purchase

207,950

3.4970  GBP

10p ordinary

Purchase

110,000

3.4692  GBP

10p ordinary

Purchase

106,253

3.4823  GBP

10p ordinary

Purchase

102,458

3.4848  GBP

10p ordinary

Purchase

90,545

3.4909  GBP

10p ordinary

Purchase

81,416

3.4815  GBP

10p ordinary

Purchase

58,413

3.4798  GBP

10p ordinary

Purchase

50,109

3.4947  GBP

10p ordinary

Purchase

47,709

3.4824  GBP

10p ordinary

Purchase

36,867

3.4842  GBP

10p ordinary

Purchase

33,341

3.5036  GBP

10p ordinary

Purchase

24,991

3.4858  GBP

10p ordinary

Purchase

24,083

3.4854  GBP

10p ordinary

Purchase

23,210

3.5030  GBP

10p ordinary

Purchase

22,818

3.4681  GBP

10p ordinary

Purchase

20,776

3.4964  GBP

10p ordinary

Purchase

20,010

3.5042  GBP

10p ordinary

Purchase

18,853

3.5022  GBP

10p ordinary

Purchase

15,713

3.4818  GBP

10p ordinary

Purchase

10,543

3.4844  GBP

10p ordinary

Purchase

10,428

3.4887  GBP

10p ordinary

Purchase

10,000

3.4924  GBP

10p ordinary

Purchase

7,800

3.4918  GBP

10p ordinary

Purchase

6,918

3.4620  GBP

10p ordinary

Purchase

6,542

3.5010  GBP

10p ordinary

Purchase

5,836

3.4870  GBP

10p ordinary

Purchase

5,330

3.4849  GBP

10p ordinary

Purchase

5,139

3.4939  GBP

10p ordinary

Purchase

4,883

3.4895  GBP

10p ordinary

Purchase

4,261

3.4723  GBP

10p ordinary

Purchase

3,267

3.4863  GBP

10p ordinary

Purchase

3,235

3.5000  GBP

10p ordinary

Purchase

3,005

3.4695  GBP

10p ordinary

Purchase

2,947

3.5070  GBP

10p ordinary

Purchase

2,730

3.4780  GBP

10p ordinary

Purchase

2,454

3.4900  GBP

10p ordinary

Purchase

2,261

3.4907  GBP

10p ordinary

Purchase

1,606

3.4980  GBP

10p ordinary

Purchase

1,436

3.4830  GBP

10p ordinary

Purchase

975

3.4920  GBP

10p ordinary

Purchase

908

3.4800  GBP

10p ordinary

Purchase

900

3.4710  GBP

10p ordinary

Purchase

885

3.4840  GBP

10p ordinary

Purchase

776

3.5120  GBP

10p ordinary

Sale

3,130,873

3.4800  GBP

10p ordinary

Sale

970,691

3.5032  GBP

10p ordinary

Sale

647,337

3.5040  GBP

10p ordinary

Sale

370,386

3.4862  GBP

10p ordinary

Sale

123,678

3.4894  GBP

10p ordinary

Sale

122,989

3.4918  GBP

10p ordinary

Sale

105,367

3.4888  GBP

10p ordinary

Sale

103,221

3.4957  GBP

10p ordinary

Sale

90,838

3.4874  GBP

10p ordinary

Sale

90,545

3.4909  GBP

10p ordinary

Sale

69,244

3.4823  GBP

10p ordinary

Sale

62,852

3.4829  GBP

10p ordinary

Sale

47,754

3.4985  GBP

10p ordinary

Sale

42,812

3.4804  GBP

10p ordinary

Sale

34,868

3.4781  GBP

10p ordinary

Sale

23,354

3.4831  GBP

10p ordinary

Sale

22,818

3.4681  GBP

10p ordinary

Sale

22,693

3.4803  GBP

10p ordinary

Sale

20,869

3.4821  GBP

10p ordinary

Sale

18,853

3.5022  GBP

10p ordinary

Sale

15,713

3.4818  GBP

10p ordinary

Sale

15,601

3.4782  GBP

10p ordinary

Sale

14,150

3.4840  GBP

10p ordinary

Sale

13,420

3.4816  GBP

10p ordinary

Sale

11,141

3.5034  GBP

10p ordinary

Sale

9,697

3.4787  GBP

10p ordinary

Sale

8,948

3.4875  GBP

10p ordinary

Sale

8,439

3.4924  GBP

10p ordinary

Sale

7,505

3.4794  GBP

10p ordinary

Sale

6,635

3.4842  GBP

10p ordinary

Sale

5,959

3.4798  GBP

10p ordinary

Sale

5,177

3.5004  GBP

10p ordinary

Sale

4,775

3.4948  GBP

10p ordinary

Sale

4,658

3.4902  GBP

10p ordinary

Sale

4,261

3.4723  GBP

10p ordinary

Sale

4,147

3.4956  GBP

10p ordinary

Sale

3,557

3.4768  GBP

10p ordinary

Sale

3,235

3.5000  GBP

10p ordinary

Sale

2,947

3.5070  GBP

10p ordinary

Sale

2,664

3.4746  GBP

10p ordinary

Sale

2,454

3.4904  GBP

10p ordinary

Sale

2,156

3.4820  GBP

10p ordinary

Sale

1,752

3.4950  GBP

10p ordinary

Sale

1,718

3.4869  GBP

10p ordinary

Sale

1,708

3.4711  GBP

10p ordinary

Sale

1,520

3.4640  GBP

10p ordinary

Sale

954

3.4920  GBP

10p ordinary

Sale

926

3.4923  GBP

10p ordinary

Sale

230

3.4900  GBP

10p ordinary

Sale

120

3.4830  GBP

10p ordinary

Sale

81

3.5035  GBP

10p ordinary

Sale

31,624

3.5030  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 Long

786

3.5100  GBP

10p ordinary

SWAP

Decreasing Long

5,756

3.4998  GBP

10p ordinary

SWAP

Decreasing Long

20,010

3.5042  GBP

10p ordinary

SWAP

Decreasing Long

35,090

3.4754  GBP

10p ordinary

SWAP

Decreasing Long

50,109

3.4947  GBP

10p ordinary

SWAP

Decreasing Short

1,520

3.4640  GBP

10p ordinary

SWAP

Decreasing Short

4,658

3.4902  GBP

10p ordinary

CFD

Decreasing Short

29,599

3.5039  GBP

10p ordinary

CFD

Decreasing Short

32,012

3.5036  GBP

10p ordinary

SWAP

Decreasing Short

47,754

3.4985  GBP

10p ordinary

SWAP

Decreasing Short

103,221

3.4957  GBP

10p ordinary

SWAP

Decreasing Short

106,418

3.5033  GBP

10p ordinary

SWAP

Decreasing Short

151,267

3.4783  GBP

10p ordinary

CFD

Decreasing Short

451,209

3.5040  GBP

10p ordinary

SWAP

Increasing Long

8,948

3.4875  GBP

10p ordinary

SWAP

Increasing Long

11,222

3.5034  GBP

10p ordinary

SWAP

Increasing Short

2

3.4900  GBP

10p ordinary

SWAP

Increasing Short

776

3.5120  GBP

10p ordinary

SWAP

Increasing Short

789

3.4980  GBP

10p ordinary

CFD

Increasing Short

908

3.4800  GBP

10p ordinary

CFD

Increasing Short

1,756

3.5039  GBP

10p ordinary

SWAP

Increasing Short

4,883

3.4895  GBP

10p ordinary

SWAP

Increasing Short

6,928

3.5022  GBP

10p ordinary

CFD

Increasing Short

17,124

3.4842  GBP

10p ordinary

SWAP

Increasing Short

61,965

3.5039  GBP

10p ordinary

SWAP

Increasing Short

98,895

3.5040  GBP

10p ordinary

SWAP

Increasing Short

102,458

3.4848  GBP

10p ordinary

SWAP

Increasing Short

236,554

3.4832  GBP

10p ordinary

SWAP

Opening Short

22,644

3.4917  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:

19 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

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