Form 8.3 - Smith (DS) plc Replacement

Barclays PLC

29 January 2025

 

FORM 8.3 - Amendment to 2a and 3a Replaces form Released at 22/01/2025 14:33 RNS Number : 3343U
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:			21 Jan 2025
(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 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:				34,342,394	2.48%	29,729,791	2.15%
(2) Cash-settled derivatives:				12,548,639	0.91%	32,142,899	2.33%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				46,891,033	3.39%	61,872,690	4.48%
(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	429,929	6.0150  GBP
10p ordinary	Purchase	325,735	5.9497  GBP
10p ordinary	Purchase	99,850	5.9606  GBP
10p ordinary	Purchase	89,343	6.0100  GBP
10p ordinary	Purchase	73,340	6.0042  GBP
10p ordinary	Purchase	55,185	5.9429  GBP
10p ordinary	Purchase	37,076	5.9648  GBP
10p ordinary	Purchase	24,770	5.9645  GBP
10p ordinary	Purchase	22,551	5.9672  GBP
10p ordinary	Purchase	21,441	5.9206  GBP
10p ordinary	Purchase	21,272	5.9855  GBP
10p ordinary	Purchase	17,785	5.9674  GBP
10p ordinary	Purchase	13,923	5.9538  GBP
10p ordinary	Purchase	12,686	5.9319  GBP
10p ordinary	Purchase	10,334	5.9223  GBP
10p ordinary	Purchase	10,299	5.9522  GBP
10p ordinary	Purchase	7,182	5.9688  GBP
10p ordinary	Purchase	6,581	5.9553  GBP
10p ordinary	Purchase	6,412	5.9240  GBP
10p ordinary	Purchase	6,250	5.9545  GBP
10p ordinary	Purchase	5,953	5.9743  GBP
10p ordinary	Purchase	5,497	5.9443  GBP
10p ordinary	Purchase	3,825	5.9427  GBP
10p ordinary	Purchase	3,711	5.9041  GBP
10p ordinary	Purchase	3,294	5.8950  GBP
10p ordinary	Purchase	3,284	6.0013  GBP
10p ordinary	Purchase	3,159	6.0105  GBP
10p ordinary	Purchase	2,820	5.9466  GBP
10p ordinary	Purchase	2,525	5.9835  GBP
10p ordinary	Purchase	2,295	5.9598  GBP
10p ordinary	Purchase	2,248	5.9817  GBP
10p ordinary	Purchase	2,199	5.9650  GBP
10p ordinary	Purchase	2,168	6.0006  GBP
10p ordinary	Purchase	1,808	5.9619  GBP
10p ordinary	Purchase	1,807	5.9915  GBP
10p ordinary	Purchase	1,515	5.9420  GBP
10p ordinary	Purchase	1,348	6.0040  GBP
10p ordinary	Purchase	1,281	5.9092  GBP
10p ordinary	Purchase	1,185	6.0025  GBP
10p ordinary	Purchase	1,101	6.0012  GBP
10p ordinary	Purchase	1,000	5.9217  GBP
10p ordinary	Purchase	990	5.9968  GBP
10p ordinary	Purchase	561	5.9100  GBP
10p ordinary	Purchase	456	5.9702  GBP
10p ordinary	Purchase	437	6.0068  GBP
10p ordinary	Purchase	358	5.9200  GBP
10p ordinary	Purchase	190	5.9125  GBP
10p ordinary	Purchase	32	6.0248  GBP
10p ordinary	Purchase	32	6.0250  GBP
10p ordinary	Sale	174,179	5.9962  GBP
10p ordinary	Sale	109,523	5.9389  GBP
10p ordinary	Sale	100,000	6.0057  GBP
10p ordinary	Sale	95,755	6.0150  GBP
10p ordinary	Sale	16,500	5.9890  GBP
10p ordinary	Sale	14,836	5.9729  GBP
10p ordinary	Sale	14,041	5.9822  GBP
10p ordinary	Sale	13,959	5.9809  GBP
10p ordinary	Sale	11,542	5.9591  GBP
10p ordinary	Sale	7,798	5.9858  GBP
10p ordinary	Sale	6,602	5.9237  GBP
10p ordinary	Sale	6,543	6.0126  GBP
10p ordinary	Sale	5,713	5.9687  GBP
10p ordinary	Sale	4,463	6.0137  GBP
10p ordinary	Sale	3,960	6.0032  GBP
10p ordinary	Sale	3,455	5.9147  GBP
10p ordinary	Sale	2,923	5.9852  GBP
10p ordinary	Sale	1,923	6.0062  GBP
10p ordinary	Sale	1,774	5.9200  GBP
10p ordinary	Sale	1,423	5.9150  GBP
10p ordinary	Sale	1,092	5.9600  GBP
10p ordinary	Sale	994	6.0050  GBP
10p ordinary	Sale	548	6.0075  GBP
10p ordinary	Sale	418	5.9199  GBP
10p ordinary	Sale	32	6.0250  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	Increasing Short	116,670	5.9704  GBP
10p ordinary	SWAP	Increasing Short	12,857	5.9754  GBP
10p ordinary	SWAP	Decreasing Short	3,455	5.9147  GBP
10p ordinary	SWAP	Decreasing Short	418	5.9199  GBP
10p ordinary	SWAP	Decreasing Short	5,082	5.9386  GBP
10p ordinary	SWAP	Decreasing Short	109,523	5.9389  GBP
10p ordinary	SWAP	Decreasing Short	1,092	5.9600  GBP
10p ordinary	SWAP	Decreasing Short	14,836	5.9729  GBP
10p ordinary	SWAP	Decreasing Short	5,086	6.0009  GBP
10p ordinary	SWAP	Decreasing Short	4,463	6.0137  GBP
10p ordinary	SWAP	Decreasing Short	27,732	6.0150  GBP
10p ordinary	SWAP	Decreasing Short	69,319	6.0154  GBP
10p ordinary	SWAP	Increasing Short	1,281	5.9092  GBP
10p ordinary	SWAP	Increasing Short	21,441	5.9206  GBP
10p ordinary	SWAP	Increasing Short	1,000	5.9218  GBP
10p ordinary	SWAP	Increasing Short	250,000	5.9257  USD
10p ordinary	SWAP	Increasing Short	16,648	5.9284  GBP
10p ordinary	SWAP	Increasing Short	10,526	5.9327  GBP
10p ordinary	SWAP	Increasing Short	55,185	5.9429  GBP
10p ordinary	SWAP	Increasing Short	456	5.9701  GBP
10p ordinary	SWAP	Increasing Short	134,073	5.9776  GBP
10p ordinary	SWAP	Increasing Short	2,248	5.9817  GBP
10p ordinary	SWAP	Increasing Short	1,807	5.9915  GBP
10p ordinary	SWAP	Increasing Short	437	6.0068  GBP
10p ordinary	SWAP	Increasing Short	29,297	6.0137  GBP
10p ordinary	SWAP	Increasing Short	189,536	6.0150  GBP
10p ordinary	CFD	Decreasing Short	358	5.9200  GBP
10p ordinary	CFD	Decreasing Short	30,000	5.9958  GBP
10p ordinary	CFD	Decreasing Short	2,703	6.0150  GBP
10p ordinary	CFD	Decreasing Short	3	6.0166  GBP
10p ordinary	CFD	Increasing Short	239,001	5.9296  GBP
10p ordinary	CFD	Increasing Short	96,064	6.0150  GBP
10p ordinary	CFD	Increasing Short	3	6.0166  GBP
10p ordinary	SWAP	Decreasing Short	3,960	6.0032  GBP
10p ordinary	SWAP	Decreasing Short	100,000	6.0058  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:				29 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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