Form 8.3 - Smith (DS) plc

Barclays PLC

27 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:				26 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:			9,022,935	0.66%	5,672,979	0.41%
(2)	Cash-settled derivatives:
	and/or controlled:			5,209,080	0.38%	8,652,175	0.63%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			14,232,015	1.03%	14,325,154	1.04%
(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		293,288		3.1842  GBP
10p ordinary		Purchase		282,695		3.1840  GBP
10p ordinary		Purchase		82,900		3.1966  GBP
10p ordinary		Purchase		31,570		3.1900  GBP
10p ordinary		Purchase		12,149		3.1883  GBP
10p ordinary		Purchase		10,271		3.1942  GBP
10p ordinary		Purchase		9,984		3.1818  GBP
10p ordinary		Purchase		4,779		3.2025  GBP
10p ordinary		Purchase		4,619		3.1829  GBP
10p ordinary		Purchase		3,583		3.1834  GBP
10p ordinary		Purchase		3,194		3.1945  GBP
10p ordinary		Purchase		3,184		3.1995  GBP
10p ordinary		Purchase		2,988		3.2041  GBP
10p ordinary		Purchase		2,915		3.1796  GBP
10p ordinary		Purchase		2,270		3.1779  GBP
10p ordinary		Purchase		2,238		3.1850  GBP
10p ordinary		Purchase		2,072		3.1947  GBP
10p ordinary		Purchase		1,983		3.2031  GBP
10p ordinary		Purchase		1,580		3.1810  GBP
10p ordinary		Purchase		1,484		3.2050  GBP
10p ordinary		Purchase		1,450		3.1781  GBP
10p ordinary		Purchase		1,304		3.1861  GBP
10p ordinary		Purchase		1,148		3.1770  GBP
10p ordinary		Purchase		1,112		3.1855  GBP
10p ordinary		Purchase		910		3.2000  GBP
10p ordinary		Purchase		875		3.2020  GBP
10p ordinary		Purchase		648		3.2090  GBP
10p ordinary		Purchase		298		3.1867  GBP
10p ordinary		Purchase		203		3.1811  GBP
10p ordinary		Purchase		133		3.1809  GBP
10p ordinary		Purchase		19		3.1860  GBP
10p ordinary		Purchase		10		3.1820  GBP
10p ordinary		Purchase		8		3.1830  GBP
10p ordinary		Purchase		1		3.1790  GBP
10p ordinary		Sale		146,684		3.1840  GBP
10p ordinary		Sale		106,125		3.1841  GBP
10p ordinary		Sale		13,689		3.2025  GBP
10p ordinary		Sale		13,528		3.1855  GBP
10p ordinary		Sale		6,055		3.1929  GBP
10p ordinary		Sale		6,036		3.1843  GBP
10p ordinary		Sale		5,770		3.2120  GBP
10p ordinary		Sale		5,092		3.1852  GBP
10p ordinary		Sale		4,345		3.1839  GBP
10p ordinary		Sale		4,243		3.1865  GBP
10p ordinary		Sale		3,819		3.1787  GBP
10p ordinary		Sale		3,203		3.2037  GBP
10p ordinary		Sale		2,461		3.1850  GBP
10p ordinary		Sale		1,884		3.2089  GBP
10p ordinary		Sale		1,484		3.2050  GBP
10p ordinary		Sale		1,316		3.1822  GBP
10p ordinary		Sale		1,304		3.1861  GBP
10p ordinary		Sale		1,148		3.1770  GBP
10p ordinary		Sale		960		3.2040  GBP
10p ordinary		Sale		847		3.1810  GBP
10p ordinary		Sale		649		3.1856  GBP
10p ordinary		Sale		168		3.2038  GBP
10p ordinary		Sale		145		3.1830  GBP
10p ordinary		Sale		19		3.1860  GBP
10p ordinary		Sale		10		3.1800  GBP
10p ordinary		Sale		10		3.1820  GBP
10p ordinary		Sale		1		3.1790  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		1	3.1800  GBP
10p ordinary		SWAP		Decreasing Long		188	3.2035  GBP
10p ordinary		SWAP		Decreasing Long		203	3.1811  GBP
10p ordinary		SWAP		Decreasing Long		1,065	3.1850  GBP
10p ordinary		SWAP		Decreasing Long		2,577	3.1808  GBP
10p ordinary		SWAP		Decreasing Long		2,905	3.1796  GBP
10p ordinary		SWAP		Decreasing Long		3,583	3.1834  GBP
10p ordinary		SWAP		Decreasing Long		9,984	3.1818  GBP
10p ordinary		SWAP		Decreasing Long		63,070	3.1853  GBP
10p ordinary		SWAP		Decreasing Long		82,900	3.1966  GBP
10p ordinary		SWAP		Decreasing Long		186,072	3.1840  GBP
10p ordinary		SWAP		Decreasing Short		167	3.1772  GBP
10p ordinary		SWAP		Decreasing Short		1,149	3.1830  GBP
10p ordinary		CFD		Decreasing Short		1,304	3.1861  GBP
10p ordinary		SWAP		Decreasing Short		1,549	3.1800  GBP
10p ordinary		SWAP		Decreasing Short		4,345	3.1839  GBP
10p ordinary		CFD		Decreasing Short		16,209	3.1839  GBP
10p ordinary		CFD		Decreasing Short		30,000	3.1845  GBP
10p ordinary		CFD		Decreasing Short		34,945	3.1840  GBP
10p ordinary		SWAP		Increasing Long		168	3.2038  GBP
10p ordinary		SWAP		Increasing Long		960	3.2040  GBP
10p ordinary		SWAP		Increasing Long		1,484	3.2050  GBP
10p ordinary		SWAP		Increasing Long		1,884	3.2089  GBP
10p ordinary		SWAP		Increasing Long		2,647	3.1840  GBP
10p ordinary		SWAP		Increasing Long		6,062	3.2120  GBP
10p ordinary		SWAP		Increasing Short		18	3.1820  GBP
10p ordinary		SWAP		Increasing Short		302	3.2040  GBP
10p ordinary		CFD		Increasing Short		708	3.1840  GBP
10p ordinary		SWAP		Increasing Short		1,432	3.1781  GBP
10p ordinary		SWAP		Increasing Short		10,271	3.1942  GBP
10p ordinary		CFD		Increasing Short		12,720	3.1822  GBP
10p ordinary		CFD		Increasing Short		14,824	3.1839  GBP
10p ordinary		SWAP		Increasing Short		16,169	3.1983  GBP
10p ordinary		SWAP		Increasing Short		110,674	3.1840  GBP
10p ordinary		SWAP		Opening Short		1,848	3.1809  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:				27 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END