Form 8.3 - DS SMITH PLC

Merkur Bank KGaA

€13.70

14:54 22/11/24

-0.72%

-€0.10

RNS Number : 2115N

Barclays PLC

21 November 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 relevant securities this form relates:			DS SMITH PLC
(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:			20 Nov 2024
(f)	In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?			YES: INTERNATIONAL PAPER CO
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:				28,490,334	2.06%	23,201,149	1.68%
(2) Cash-settled derivatives:				12,054,559	0.87%	27,472,297	1.99%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				40,544,893	2.93%	50,669,446	3.67%
(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 PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant security	Purchase/sale	Number of securities	Price per unit
10p ordinary	Purchase	142,426	5.7296 GBP
10p ordinary	Purchase	135,776	5.7068 GBP
10p ordinary	Purchase	128,656	5.7315 GBP
10p ordinary	Purchase	84,963	5.7450 GBP
10p ordinary	Purchase	69,309	5.6955 GBP
10p ordinary	Purchase	66,394	5.6922 GBP
10p ordinary	Purchase	35,222	5.6931 GBP
10p ordinary	Purchase	30,577	5.6915 GBP
10p ordinary	Purchase	28,784	5.6898 GBP
10p ordinary	Purchase	25,542	5.7050 GBP
10p ordinary	Purchase	21,949	5.7099 GBP
10p ordinary	Purchase	9,036	5.6966 GBP
10p ordinary	Purchase	6,362	5.6867 GBP
10p ordinary	Purchase	5,070	5.7032 GBP
10p ordinary	Purchase	4,017	5.6850 GBP
10p ordinary	Purchase	3,981	5.6910 GBP
10p ordinary	Purchase	3,139	5.6900 GBP
10p ordinary	Purchase	3,098	5.6952 GBP
10p ordinary	Purchase	2,995	5.7069 GBP
10p ordinary	Purchase	2,950	5.6825 GBP
10p ordinary	Purchase	2,311	5.6865 GBP
10p ordinary	Purchase	1,557	5.6750 GBP
10p ordinary	Purchase	1,341	5.7160 GBP
10p ordinary	Purchase	1,331	5.6950 GBP
10p ordinary	Purchase	1,250	5.6904 GBP
10p ordinary	Purchase	1,162	5.7200 GBP
10p ordinary	Purchase	1,094	5.7124 GBP
10p ordinary	Purchase	1,093	5.7150 GBP
10p ordinary	Purchase	949	5.6800 GBP
10p ordinary	Purchase	942	5.7000 GBP
10p ordinary	Purchase	927	5.7250 GBP
10p ordinary	Purchase	796	5.7335 GBP
10p ordinary	Purchase	694	5.6925 GBP
10p ordinary	Purchase	644	5.7300 GBP
10p ordinary	Purchase	644	5.7095 GBP
10p ordinary	Purchase	604	5.7100 GBP
10p ordinary	Purchase	481	5.7044 GBP
10p ordinary	Purchase	367	5.6694 GBP
10p ordinary	Purchase	93	5.7244 GBP
10p ordinary	Purchase	37	5.7112 GBP
10p ordinary	Sale	240,686	5.7283 GBP
10p ordinary	Sale	120,256	5.6963 GBP
10p ordinary	Sale	95,963	5.7067 GBP
10p ordinary	Sale	80,912	5.7450 GBP
10p ordinary	Sale	70,294	5.7087 GBP
10p ordinary	Sale	58,586	5.7037 GBP
10p ordinary	Sale	36,663	5.6908 GBP
10p ordinary	Sale	30,973	5.7050 GBP
10p ordinary	Sale	28,244	5.6922 GBP
10p ordinary	Sale	16,683	5.7419 GBP
10p ordinary	Sale	15,333	5.7086 GBP
10p ordinary	Sale	12,537	5.7081 GBP
10p ordinary	Sale	11,815	5.7201 GBP
10p ordinary	Sale	11,722	5.7046 GBP
10p ordinary	Sale	10,735	5.7012 GBP
10p ordinary	Sale	8,784	5.6899 GBP
10p ordinary	Sale	8,494	5.6982 GBP
10p ordinary	Sale	8,364	5.6846 GBP
10p ordinary	Sale	7,815	5.7113 GBP
10p ordinary	Sale	7,682	5.6976 GBP
10p ordinary	Sale	6,047	5.7083 GBP
10p ordinary	Sale	5,900	5.6906 GBP
10p ordinary	Sale	5,431	5.6880 GBP
10p ordinary	Sale	4,976	5.6876 GBP
10p ordinary	Sale	4,832	5.6950 GBP
10p ordinary	Sale	4,720	5.6850 GBP
10p ordinary	Sale	3,802	5.6786 GBP
10p ordinary	Sale	3,757	5.7148 GBP
10p ordinary	Sale	3,731	5.6900 GBP
10p ordinary	Sale	3,706	5.6932 GBP
10p ordinary	Sale	3,698	5.7056 GBP
10p ordinary	Sale	3,317	5.6817 GBP
10p ordinary	Sale	3,031	5.7040 GBP
10p ordinary	Sale	2,718	5.6928 GBP
10p ordinary	Sale	2,332	5.7000 GBP
10p ordinary	Sale	2,158	5.6821 GBP
10p ordinary	Sale	1,937	5.7098 GBP
10p ordinary	Sale	1,850	5.6750 GBP
10p ordinary	Sale	1,506	5.7250 GBP
10p ordinary	Sale	1,458	5.6800 GBP
10p ordinary	Sale	1,234	5.7150 GBP
10p ordinary	Sale	1,162	5.7200 GBP
10p ordinary	Sale	919	5.7405 GBP
10p ordinary	Sale	654	5.7249 GBP
10p ordinary	Sale	644	5.7300 GBP
10p ordinary	Sale	604	5.7100 GBP
10p ordinary	Sale	573	5.6775 GBP
(b)	Cash-settled derivative transactions
Class of relevant security	Product description	Nature of dealing	Number of reference securities	Price per unit
10p ordinary	SWAP	Decreasing Short	26,181	5.7056 GBP
10p ordinary	SWAP	Decreasing Short	22,072	5.6889 GBP
10p ordinary	SWAP	Decreasing Short	209	5.6899 GBP
10p ordinary	SWAP	Decreasing Short	28,244	5.6922 GBP
10p ordinary	SWAP	Decreasing Short	18,926	5.6934 GBP
10p ordinary	SWAP	Decreasing Short	120,256	5.6963 GBP
10p ordinary	SWAP	Decreasing Short	95,963	5.7067 GBP
10p ordinary	SWAP	Decreasing Short	110,284	5.7097 GBP
10p ordinary	SWAP	Decreasing Short	1,937	5.7098 GBP
10p ordinary	SWAP	Decreasing Short	53,845	5.7424 GBP
10p ordinary	SWAP	Decreasing Short	26,126	5.7449 GBP
10p ordinary	SWAP	Decreasing Short	53,619	5.7450 GBP
10p ordinary	SWAP	Increasing Short	574	5.6750 GBP
10p ordinary	SWAP	Increasing Short	3,106	5.6858 GBP
10p ordinary	SWAP	Increasing Short	29,455	5.6866 GBP
10p ordinary	SWAP	Increasing Short	1,517	5.6895 GBP
10p ordinary	SWAP	Increasing Short	3,981	5.6910 GBP
10p ordinary	SWAP	Increasing Short	171,999	5.6920 GBP
10p ordinary	SWAP	Increasing Short	63,338	5.6923 GBP
10p ordinary	SWAP	Increasing Short	694	5.6925 GBP
10p ordinary	SWAP	Increasing Short	644	5.7095 GBP
10p ordinary	SWAP	Increasing Short	21,949	5.7099 GBP
10p ordinary	SWAP	Increasing Short	25,317	5.7443 GBP
10p ordinary	SWAP	Increasing Short	96,869	5.7452 GBP
10p ordinary	CFD	Decreasing Short	9,068	5.6914 GBP
10p ordinary	CFD	Decreasing Short	40,000	5.6962 GBP
10p ordinary	CFD	Decreasing Short	839	5.7250 GBP
10p ordinary	CFD	Decreasing Short	337	5.7450 GBP
10p ordinary	CFD	Increasing Short	74,221	5.7450 GBP

(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class of relevant security	Product description	Writing, purchasing, selling, varying etc	Number of securities to which option relates	Exercise price per unit	Type	Expiry date	Option money paid/ received per unit


(ii)	Exercising
Class of relevant security	Product description	Exercising/ exercised against	Number of securities	Exercise price per unit


(d)	Other dealings (including subscribing for new securities)
Class of relevant security	Nature of Dealings	Details	Price per unit (if 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 person 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:				21 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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