Form 8.3 - Smith (DS) plc Replacement

Barclays PLC

02 August 2024

 

FORM 8.3 - Amendment to section 3b
Replaces form released on 15:23 03/07/2024
RNS Number :  0372V
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:				02-Jul-24
(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:			31,211,442	2.26%	22,276,818	1.61%
-2	Cash-settled derivatives:
	and/or controlled:			8,824,500	0.63%	30,518,169	2.21%
-3	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			40,035,942	2.89%	52,794,987	3.82%
(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		387,045		4.2152  GBP
10p ordinary		Purchase		374,000		4.1939  GBP
10p ordinary		Purchase		299,478		4.2094  GBP
10p ordinary		Purchase		250,000		4.1921  GBP
10p ordinary		Purchase		250,000		4.1909  GBP
10p ordinary		Purchase		220,117		4.2051  GBP
10p ordinary		Purchase		200,000		4.1813  GBP
10p ordinary		Purchase		165,798		4.2050  GBP
10p ordinary		Purchase		159,971		4.2197  GBP
10p ordinary		Purchase		100,419		4.2192  GBP
10p ordinary		Purchase		88,091		4.2200  GBP
10p ordinary		Purchase		41,116		4.1978  GBP
10p ordinary		Purchase		31,096		4.2179  GBP
10p ordinary		Purchase		28,286		4.2022  GBP
10p ordinary		Purchase		26,416		4.2124  GBP
10p ordinary		Purchase		25,255		4.1936  GBP
10p ordinary		Purchase		22,890		4.1959  GBP
10p ordinary		Purchase		19,096		4.1924  GBP
10p ordinary		Purchase		15,379		4.1916  GBP
10p ordinary		Purchase		4,898		4.2080  GBP
10p ordinary		Purchase		4,302		4.2010  GBP
10p ordinary		Purchase		4,184		4.1862  GBP
10p ordinary		Purchase		3,988		4.2008  GBP
10p ordinary		Purchase		3,050		4.1920  GBP
10p ordinary		Purchase		2,917		4.2037  GBP
10p ordinary		Purchase		2,741		4.2058  GBP
10p ordinary		Purchase		2,631		4.2191  GBP
10p ordinary		Purchase		2,330		4.1952  GBP
10p ordinary		Purchase		2,260		4.1851  GBP
10p ordinary		Purchase		1,712		4.2155  GBP
10p ordinary		Purchase		1,394		4.1980  GBP
10p ordinary		Purchase		1,003		4.2020  GBP
10p ordinary		Purchase		677		4.1900  GBP
10p ordinary		Sale		176,757		4.1958  GBP
10p ordinary		Sale		159,971		4.2197  GBP
10p ordinary		Sale		150,666		4.2023  GBP
10p ordinary		Sale		119,250		4.2138  GBP
10p ordinary		Sale		97,472		4.2118  GBP
10p ordinary		Sale		81,835		4.2002  GBP
10p ordinary		Sale		79,931		4.1998  GBP
10p ordinary		Sale		77,928		4.2200  GBP
10p ordinary		Sale		58,802		4.1820  GBP
10p ordinary		Sale		54,356		4.1920  GBP
10p ordinary		Sale		45,623		4.1962  GBP
10p ordinary		Sale		25,820		4.1831  GBP
10p ordinary		Sale		23,113		4.1802  GBP
10p ordinary		Sale		21,338		4.1839  GBP
10p ordinary		Sale		10,880		4.1815  GBP
10p ordinary		Sale		6,966		4.2017  GBP
10p ordinary		Sale		6,781		4.2000  GBP
10p ordinary		Sale		6,029		4.2043  GBP
10p ordinary		Sale		5,277		4.1812  GBP
10p ordinary		Sale		4,747		4.1826  GBP
10p ordinary		Sale		4,305		4.1911  GBP
10p ordinary		Sale		2,887		4.1985  GBP
10p ordinary		Sale		2,365		4.1878  GBP
10p ordinary		Sale		2,325		4.1909  GBP
10p ordinary		Sale		1,712		4.2160  GBP
10p ordinary		Sale		1,682		4.1800  GBP
10p ordinary		Sale		1,414		4.1907  GBP
10p ordinary		Sale		1,123		4.1940  GBP
10p ordinary		Sale		1,003		4.2020  GBP
10p ordinary		Sale		945		4.1850  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		Increasing Long		4,854	4.2073  GBP
10p ordinary		CFD		Increasing Long		11,256	4.2200  GBP
10p ordinary		CFD		Decreasing Long		19,824	4.1971  GBP
10p ordinary		CFD		Decreasing Long		159,971	4.2197  GBP
10p ordinary		CFD		Decreasing Long		61,587	4.2200  GBP
10p ordinary		SWAP		Decreasing Long		4,304	4.2062  GBP
10p ordinary		SWAP		Decreasing Short		12	4.1941  GBP
10p ordinary		SWAP		Decreasing Short		4,305	4.1911  GBP
10p ordinary		SWAP		Decreasing Short		1,123	4.1940  GBP
10p ordinary		SWAP		Decreasing Short		176,757	4.1958  GBP
10p ordinary		SWAP		Decreasing Short		392	4.2000  GBP
10p ordinary		SWAP		Decreasing Short		57,897	4.2009  GBP
10p ordinary		SWAP		Decreasing Short		6,966	4.2017  GBP
10p ordinary		SWAP		Decreasing Short		54,089	4.2195  GBP
10p ordinary		SWAP		Increasing Short		75,000	4.1909  GBP
10p ordinary		SWAP		Increasing Short		1,605	4.1920  GBP
10p ordinary		SWAP		Increasing Short		75,000	4.1921  GBP
10p ordinary		SWAP		Increasing Short		2,330	4.1952  GBP
10p ordinary		SWAP		Increasing Short		98,398	4.1953  GBP
10p ordinary		SWAP		Increasing Short		151,000	4.1972  GBP
10p ordinary		SWAP		Increasing Short		444	4.1980  GBP
10p ordinary		SWAP		Increasing Short		3,988	4.2008  GBP
10p ordinary		SWAP		Increasing Short		299,478	4.2094  GBP
10p ordinary		SWAP		Increasing Short		17,543	4.2139  GBP
10p ordinary		SWAP		Increasing Short		79,427	4.2200  GBP
10p ordinary		SWAP		Increasing Long		45,623	4.1962  GBP
10p ordinary		SWAP		Decreasing Long		27,453	4.2165  GBP
10p ordinary		SWAP		Decreasing Long		3,643	4.2283  GBP
10p ordinary		SWAP		Decreasing Short		55,886	4.1993  GBP
10p ordinary		SWAP		Decreasing Short		150,666	4.2023  GBP
10p ordinary		SWAP		Increasing Short		175,000	4.1909  GBP
10p ordinary		SWAP		Increasing Short		175,000	4.1921  GBP
10p ordinary		SWAP		Increasing Short		383,000	4.1972  GBP
10p ordinary		SWAP		Increasing Short		272,087	4.2036  GBP
10p ordinary		SWAP		Increasing Short		2,917	4.2038  GBP
10p ordinary		SWAP		Increasing Short		26,262	4.2200  GBP
10p ordinary		SWAP		Increasing Long		17,369	4.1831  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:				02-Aug-24
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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