RNS Number : 8273T
Barclays PLC
25 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:

24 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:



23,842,476

1.73%

32,693,061

2.37%

(2)

Cash-settled derivatives:






and/or controlled:



9,074,801

0.66%

22,898,271

1.66%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



32,917,277

2.39%

55,591,332

4.03%

(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

359,104

3.6307  GBP

10p ordinary

Purchase

331,964

3.6536  GBP

10p ordinary

Purchase

288,108

3.6535  GBP

10p ordinary

Purchase

153,829

3.6560  GBP

10p ordinary

Purchase

149,898

3.6267  GBP

10p ordinary

Purchase

116,614

3.6194  GBP

10p ordinary

Purchase

87,740

3.6351  GBP

10p ordinary

Purchase

40,000

3.6078  GBP

10p ordinary

Purchase

27,757

3.6648  GBP

10p ordinary

Purchase

27,468

3.6427  GBP

10p ordinary

Purchase

15,477

3.6472  GBP

10p ordinary

Purchase

9,330

3.6465  GBP

10p ordinary

Purchase

8,562

3.6316  GBP

10p ordinary

Purchase

8,021

3.6462  GBP

10p ordinary

Purchase

7,185

3.6435  GBP

10p ordinary

Purchase

6,072

3.6542  GBP

10p ordinary

Purchase

5,616

3.6240  GBP

10p ordinary

Purchase

4,707

3.6531  GBP

10p ordinary

Purchase

4,520

3.6386  GBP

10p ordinary

Purchase

4,227

3.6155  GBP

10p ordinary

Purchase

3,503

3.6363  GBP

10p ordinary

Purchase

3,027

3.6153  GBP

10p ordinary

Purchase

2,543

3.6000  GBP

10p ordinary

Purchase

2,473

3.6463  GBP

10p ordinary

Purchase

1,977

3.6161  GBP

10p ordinary

Purchase

1,948

3.6149  GBP

10p ordinary

Purchase

1,609

3.6424  GBP

10p ordinary

Purchase

1,545

3.6107  GBP

10p ordinary

Purchase

1,461

3.6010  GBP

10p ordinary

Purchase

1,411

3.6380  GBP

10p ordinary

Purchase

1,384

3.6530  GBP

10p ordinary

Purchase

1,299

3.6260  GBP

10p ordinary

Purchase

1,047

3.6700  GBP

10p ordinary

Purchase

1,042

3.6640  GBP

10p ordinary

Purchase

1,013

3.6480  GBP

10p ordinary

Purchase

962

3.6540  GBP

10p ordinary

Purchase

941

3.6570  GBP

10p ordinary

Purchase

925

3.6340  GBP

10p ordinary

Purchase

918

3.6026  GBP

10p ordinary

Purchase

797

3.6600  GBP

10p ordinary

Purchase

681

3.6020  GBP

10p ordinary

Purchase

514

3.6261  GBP

10p ordinary

Purchase

320

3.6740  GBP

10p ordinary

Purchase

202

3.6280  GBP

10p ordinary

Sale

378,281

3.6503  GBP

10p ordinary

Sale

217,392

3.6539  GBP

10p ordinary

Sale

203,346

3.6320  GBP

10p ordinary

Sale

161,612

3.6561  GBP

10p ordinary

Sale

159,586

3.6215  GBP

10p ordinary

Sale

157,991

3.6280  GBP

10p ordinary

Sale

147,179

3.6560  GBP

10p ordinary

Sale

120,420

3.6552  GBP

10p ordinary

Sale

73,864

3.6238  GBP

10p ordinary

Sale

73,673

3.6295  GBP

10p ordinary

Sale

61,866

3.6340  GBP

10p ordinary

Sale

50,432

3.6370  GBP

10p ordinary

Sale

29,683

3.6242  GBP

10p ordinary

Sale

25,102

3.6249  GBP

10p ordinary

Sale

24,797

3.6402  GBP

10p ordinary

Sale

22,361

3.6192  GBP

10p ordinary

Sale

17,186

3.6250  GBP

10p ordinary

Sale

16,297

3.6252  GBP

10p ordinary

Sale

14,661

3.6297  GBP

10p ordinary

Sale

12,077

3.6078  GBP

10p ordinary

Sale

9,592

3.6151  GBP

10p ordinary

Sale

8,407

3.6225  GBP

10p ordinary

Sale

8,407

3.6239  GBP

10p ordinary

Sale

8,301

3.6193  GBP

10p ordinary

Sale

7,521

3.6428  GBP

10p ordinary

Sale

7,105

3.6243  GBP

10p ordinary

Sale

4,519

3.6146  GBP

10p ordinary

Sale

3,848

3.6240  GBP

10p ordinary

Sale

3,567

3.6434  GBP

10p ordinary

Sale

3,088

3.6559  GBP

10p ordinary

Sale

2,984

3.6259  GBP

10p ordinary

Sale

2,508

3.6035  GBP

10p ordinary

Sale

2,208

3.6290  GBP

10p ordinary

Sale

1,949

3.6156  GBP

10p ordinary

Sale

1,787

3.6020  GBP

10p ordinary

Sale

1,756

3.6055  GBP

10p ordinary

Sale

1,299

3.6260  GBP

10p ordinary

Sale

1,086

3.6335  GBP

10p ordinary

Sale

1,047

3.6700  GBP

10p ordinary

Sale

1,042

3.6640  GBP

10p ordinary

Sale

1,013

3.6480  GBP

10p ordinary

Sale

988

3.6230  GBP

10p ordinary

Sale

962

3.6540  GBP

10p ordinary

Sale

797

3.6600  GBP

10p ordinary

Sale

777

3.6200  GBP

10p ordinary

Sale

620

3.6080  GBP

10p ordinary

Sale

320

3.6740  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

Decreasing Long

7

3.6557  GBP

10p ordinary

SWAP

Decreasing Long

681

3.6020  GBP

10p ordinary

CFD

Decreasing Long

9,577

3.6559  GBP

10p ordinary

SWAP

Decreasing Long

13,587

3.6373  GBP

10p ordinary

CFD

Decreasing Long

105,430

3.6560  GBP

10p ordinary

SWAP

Decreasing Short

620

3.6080  GBP

10p ordinary

SWAP

Decreasing Short

2,152

3.5892  GBP

10p ordinary

SWAP

Decreasing Short

3,088

3.6559  GBP

10p ordinary

SWAP

Decreasing Short

4,519

3.6146  GBP

10p ordinary

SWAP

Decreasing Short

37,559

3.6345  GBP

10p ordinary

SWAP

Decreasing Short

39,515

3.6241  GBP

10p ordinary

SWAP

Decreasing Short

73,864

3.6238  GBP

10p ordinary

SWAP

Decreasing Short

112,164

3.6215  GBP

10p ordinary

SWAP

Decreasing Short

135,136

3.6560  GBP

10p ordinary

SWAP

Decreasing Short

156,278

3.6560  GBP

10p ordinary

CFD

Increasing Long

1,013

3.6479  GBP

10p ordinary

CFD

Increasing Long

9,118

3.6328  GBP

10p ordinary

CFD

Increasing Long

9,577

3.6559  GBP

10p ordinary

CFD

Increasing Long

12,465

3.6317  GBP

10p ordinary

CFD

Increasing Long

15,151

3.6017  GBP

10p ordinary

SWAP

Increasing Long

18,500

3.6154  GBP

10p ordinary

SWAP

Increasing Long

73,673

3.6295  GBP

10p ordinary

SWAP

Increasing Long

120,420

3.6552  GBP

10p ordinary

SWAP

Increasing Short

918

3.6026  GBP

10p ordinary

SWAP

Increasing Short

1,751

3.6081  GBP

10p ordinary

SWAP

Increasing Short

3,027

3.6153  GBP

10p ordinary

SWAP

Increasing Short

27,757

3.6648  GBP

10p ordinary

SWAP

Increasing Short

116,614

3.6194  GBP

10p ordinary

SWAP

Increasing Short

170,961

3.6546  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:

25 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

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