Form 8.3 - Smith (DS) plc

Barclays PLC

26 February 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:				23 Feb 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?				MONDI PLC
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:			8,937,755	0.65%	6,024,639	0.44%
(2)	Cash-settled derivatives:
	and/or controlled:			5,548,773	0.40%	8,573,229	0.62%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			14,486,528	1.05%	14,597,868	1.06%
(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		286,770		3.2080  GBP
10p ordinary		Purchase		217,673		3.2084  GBP
10p ordinary		Purchase		85,340		3.2078  GBP
10p ordinary		Purchase		31,045		3.2101  GBP
10p ordinary		Purchase		27,422		3.2074  GBP
10p ordinary		Purchase		20,966		3.2248  GBP
10p ordinary		Purchase		15,613		3.2092  GBP
10p ordinary		Purchase		15,461		3.2109  GBP
10p ordinary		Purchase		12,878		3.2096  GBP
10p ordinary		Purchase		12,252		3.2600  GBP
10p ordinary		Purchase		11,875		3.2082  GBP
10p ordinary		Purchase		9,687		3.2089  GBP
10p ordinary		Purchase		8,099		3.2038  GBP
10p ordinary		Purchase		4,948		3.2162  GBP
10p ordinary		Purchase		4,903		3.2108  GBP
10p ordinary		Purchase		4,478		3.2050  GBP
10p ordinary		Purchase		3,998		3.2434  GBP
10p ordinary		Purchase		3,652		3.2047  GBP
10p ordinary		Purchase		3,460		3.2174  GBP
10p ordinary		Purchase		3,432		3.1930  GBP
10p ordinary		Purchase		3,428		3.2392  GBP
10p ordinary		Purchase		3,222		3.2030  GBP
10p ordinary		Purchase		3,060		3.2561  GBP
10p ordinary		Purchase		2,906		3.2114  GBP
10p ordinary		Purchase		2,650		3.2048  GBP
10p ordinary		Purchase		2,484		3.2020  GBP
10p ordinary		Purchase		2,310		3.2449  GBP
10p ordinary		Purchase		2,196		3.2200  GBP
10p ordinary		Purchase		2,021		3.2116  GBP
10p ordinary		Purchase		1,829		3.2090  GBP
10p ordinary		Purchase		1,673		3.2294  GBP
10p ordinary		Purchase		1,646		3.2040  GBP
10p ordinary		Purchase		1,379		3.2120  GBP
10p ordinary		Purchase		1,262		3.2410  GBP
10p ordinary		Purchase		1,169		3.2281  GBP
10p ordinary		Purchase		944		3.2110  GBP
10p ordinary		Purchase		897		3.2045  GBP
10p ordinary		Purchase		847		3.2130  GBP
10p ordinary		Purchase		816		3.2187  GBP
10p ordinary		Purchase		539		3.2070  GBP
10p ordinary		Purchase		23		3.2100  GBP
10p ordinary		Sale		219,854		3.2091  GBP
10p ordinary		Sale		114,059		3.2090  GBP
10p ordinary		Sale		98,474		3.2080  GBP
10p ordinary		Sale		80,122		3.2155  GBP
10p ordinary		Sale		48,705		3.2111  GBP
10p ordinary		Sale		31,492		3.2079  GBP
10p ordinary		Sale		20,164		3.2275  GBP
10p ordinary		Sale		11,185		3.2038  GBP
10p ordinary		Sale		10,200		3.2067  GBP
10p ordinary		Sale		9,413		3.2083  GBP
10p ordinary		Sale		9,301		3.2081  GBP
10p ordinary		Sale		5,802		3.2459  GBP
10p ordinary		Sale		4,478		3.2050  GBP
10p ordinary		Sale		2,650		3.2048  GBP
10p ordinary		Sale		2,484		3.2020  GBP
10p ordinary		Sale		2,186		3.2165  GBP
10p ordinary		Sale		1,783		3.2101  GBP
10p ordinary		Sale		1,262		3.2410  GBP
10p ordinary		Sale		1,242		3.2040  GBP
10p ordinary		Sale		1,005		3.2216  GBP
10p ordinary		Sale		944		3.2110  GBP
10p ordinary		Sale		897		3.2045  GBP
10p ordinary		Sale		858		3.2200  GBP
10p ordinary		Sale		847		3.2130  GBP
10p ordinary		Sale		787		3.2600  GBP
10p ordinary		Sale		701		3.2439  GBP
10p ordinary		Sale		554		3.2435  GBP
10p ordinary		Sale		539		3.2070  GBP
10p ordinary		Sale		464		3.2167  GBP
10p ordinary		Sale		454		3.2223  GBP
10p ordinary		Sale		331		3.2107  GBP
10p ordinary		Sale		161		3.2319  GBP
10p ordinary		Sale		103		3.2533  GBP
10p ordinary		Sale		91		3.2296  GBP
10p ordinary		Sale		51		3.2030  GBP
10p ordinary		Sale		23		3.2100  GBP
10p ordinary		Sale		7		3.2170  GBP
10p ordinary		Sale		11		3.2061  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		SWAP		Closing Long		12,252	3.2600  GBP
10p ordinary		SWAP		Closing Short		787	3.2600  GBP
10p ordinary		SWAP		Decreasing Long		718	3.2159  GBP
10p ordinary		SWAP		Decreasing Long		1,169	3.2281  GBP
10p ordinary		SWAP		Decreasing Long		1,673	3.2294  GBP
10p ordinary		SWAP		Decreasing Long		2,310	3.2449  GBP
10p ordinary		SWAP		Decreasing Long		3,060	3.2561  GBP
10p ordinary		SWAP		Decreasing Long		5,349	3.2435  GBP
10p ordinary		SWAP		Decreasing Long		85,340	3.2078  GBP
10p ordinary		SWAP		Decreasing Long		142,291	3.2080  GBP
10p ordinary		CFD		Decreasing Short		94	3.2559  GBP
10p ordinary		SWAP		Decreasing Short		488	3.2439  GBP
10p ordinary		SWAP		Decreasing Short		1,548	3.2113  GBP
10p ordinary		CFD		Decreasing Short		1,783	3.2101  GBP
10p ordinary		SWAP		Decreasing Short		7,865	3.2077  GBP
10p ordinary		CFD		Decreasing Short		23,113	3.2079  GBP
10p ordinary		SWAP		Decreasing Short		31,492	3.2079  GBP
10p ordinary		CFD		Decreasing Short		74,671	3.2080  GBP
10p ordinary		SWAP		Increasing Long		3	3.2600  GBP
10p ordinary		SWAP		Increasing Long		161	3.2319  GBP
10p ordinary		SWAP		Increasing Long		350	3.2050  GBP
10p ordinary		SWAP		Increasing Long		1,191	3.2080  GBP
10p ordinary		SWAP		Increasing Long		1,905	3.2435  GBP
10p ordinary		SWAP		Increasing Long		2,186	3.2165  GBP
10p ordinary		SWAP		Increasing Long		5,347	3.2190  GBP
10p ordinary		SWAP		Increasing Long		5,802	3.2459  GBP
10p ordinary		SWAP		Increasing Long		10,200	3.2067  GBP
10p ordinary		SWAP		Increasing Long		20,571	3.2088  GBP
10p ordinary		SWAP		Increasing Long		34,307	3.2267  GBP
10p ordinary		CFD		Increasing Short		94	3.2559  GBP
10p ordinary		SWAP		Increasing Short		244	3.2439  GBP
10p ordinary		SWAP		Increasing Short		1,149	3.2142  GBP
10p ordinary		CFD		Increasing Short		1,200	3.2372  GBP
10p ordinary		SWAP		Increasing Short		1,299	3.2285  GBP
10p ordinary		SWAP		Increasing Short		1,395	3.1993  GBP
10p ordinary		SWAP		Increasing Short		1,786	3.2141  GBP
10p ordinary		CFD		Increasing Short		2,063	3.2575  GBP
10p ordinary		CFD		Increasing Short		3,380	3.2080  GBP
10p ordinary		SWAP		Increasing Short		4,301	3.2039  GBP
10p ordinary		CFD		Increasing Short		5,500	3.2408  GBP
10p ordinary		CFD		Increasing Short		9,060	3.1947  GBP
10p ordinary		SWAP		Increasing Short		18,367	3.2110  GBP
10p ordinary		SWAP		Increasing Short		31,045	3.2101  GBP
10p ordinary		SWAP		Increasing Short		73,319	3.2080  GBP
10p ordinary		SWAP		Opening Long		1,357	3.2218  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:				26 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END