Form 8.3 - Smith (DS) plc Replacement

Barclays PLC

07 August 2024

 

FORM 8.3 - Amendment to section 3b
Replaces form released on 15:10 11/07/2024
RNS Number :  1048W
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:				10-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:			37,325,549	2.70%	21,682,285	1.57%
-2	Cash-settled derivatives:
	and/or controlled:			8,219,697	0.59%	36,626,881	2.65%
-3	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			45,545,246	3.29%	58,309,166	4.22%
(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		643,539		4.1520  GBP
10p ordinary		Purchase		347,010		4.1518  GBP
10p ordinary		Purchase		302,898		4.1560  GBP
10p ordinary		Purchase		200,000		4.1590  GBP
10p ordinary		Purchase		135,421		4.1517  GBP
10p ordinary		Purchase		83,198		4.1548  GBP
10p ordinary		Purchase		60,459		4.1534  GBP
10p ordinary		Purchase		59,030		4.1535  GBP
10p ordinary		Purchase		20,745		4.1490  GBP
10p ordinary		Purchase		15,542		4.1380  GBP
10p ordinary		Purchase		12,500		4.1620  GBP
10p ordinary		Purchase		7,180		4.1544  GBP
10p ordinary		Purchase		4,991		4.1570  GBP
10p ordinary		Purchase		3,076		4.1595  GBP
10p ordinary		Purchase		2,918		4.1562  GBP
10p ordinary		Purchase		2,565		4.1479  GBP
10p ordinary		Purchase		882		4.1601  GBP
10p ordinary		Purchase		767		4.1600  GBP
10p ordinary		Purchase		199		4.1420  GBP
10p ordinary		Sale		500,000		4.1589  GBP
10p ordinary		Sale		324,879		4.1520  GBP
10p ordinary		Sale		37,776		4.1511  GBP
10p ordinary		Sale		29,273		4.1559  GBP
10p ordinary		Sale		12,500		4.1620  GBP
10p ordinary		Sale		4,991		4.1570  GBP
10p ordinary		Sale		3,172		4.1522  GBP
10p ordinary		Sale		3,145		4.1499  GBP
10p ordinary		Sale		2,162		4.1828  GBP
10p ordinary		Sale		1,247		4.1554  GBP
10p ordinary		Sale		994		4.1580  GBP
10p ordinary		Sale		227		4.1800  GBP
10p ordinary		Sale		130		4.1440  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		2,568	4.1520  GBP
10p ordinary		CFD		Decreasing Long		7,620	4.1478  GBP
10p ordinary		CFD		Decreasing Long		155,973	4.1519  GBP
10p ordinary		CFD		Decreasing Long		2,568	4.1520  GBP
10p ordinary		CFD		Decreasing Long		4,807	4.1584  GBP
10p ordinary		SWAP		Increasing Long		500,000	4.1589  GBP
10p ordinary		SWAP		Increasing Long		7,315	4.1678  GBP
10p ordinary		SWAP		Decreasing Long		49,582	4.1500  GBP
10p ordinary		SWAP		Closing Long		476,643	4.1520  GBP
10p ordinary		SWAP		Increasing Long		37,776	4.1511  GBP
10p ordinary		SWAP		Increasing Short		58,067	4.1535  GBP
10p ordinary		SWAP		Increasing Short		963	4.1535  GBP
10p ordinary		SWAP		Decreasing Short		130	4.1440  GBP
10p ordinary		SWAP		Decreasing Short		3,145	4.1499  GBP
10p ordinary		SWAP		Decreasing Short		2,856	4.1520  GBP
10p ordinary		SWAP		Decreasing Short		1,247	4.1554  GBP
10p ordinary		SWAP		Decreasing Short		227	4.1800  GBP
10p ordinary		SWAP		Increasing Short		76,866	4.1516  GBP
10p ordinary		SWAP		Increasing Short		90,748	4.1524  GBP
10p ordinary		SWAP		Increasing Short		302,238	4.1560  GBP
10p ordinary		SWAP		Increasing Short		2,918	4.1562  GBP
10p ordinary		SWAP		Increasing Short		3	4.1566  GBP
10p ordinary		SWAP		Increasing Short		60,000	4.1590  GBP
10p ordinary		SWAP		Increasing Short		3,076	4.1595  GBP
10p ordinary		SWAP		Increasing Long		994	4.1580  GBP
10p ordinary		SWAP		Decreasing Long		199	4.1420  GBP
10p ordinary		SWAP		Decreasing Long		4,000	4.1500  GBP
10p ordinary		SWAP		Decreasing Long		3,180	4.1599  GBP
10p ordinary		SWAP		Increasing Short		40,219	4.1520  GBP
10p ordinary		SWAP		Increasing Short		83,198	4.1548  GBP
10p ordinary		SWAP		Increasing Short		5	4.1556  GBP
10p ordinary		SWAP		Increasing Short		140,000	4.1590  GBP
10p ordinary		SWAP		Increasing Long		17,907	4.1620  GBP
10p ordinary		SWAP		Increasing Short		245,336	4.1590  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:				07-Aug-24
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END