Form 8.3 - Smith (DS) plc

Barclays PLC

12 March 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:				11 Mar 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:			10,824,557	0.79%	6,370,998	0.46%
(2)	Cash-settled derivatives:
	and/or controlled:			6,537,243	0.47%	11,063,162	0.80%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			17,361,800	1.26%	17,434,160	1.27%
(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		500,000		3.3989  GBP
10p ordinary		Purchase		452,967		3.4033  GBP
10p ordinary		Purchase		452,967		3.4016  GBP
10p ordinary		Purchase		318,375		3.4190  GBP
10p ordinary		Purchase		309,192		3.4046  GBP
10p ordinary		Purchase		301,241		3.4060  GBP
10p ordinary		Purchase		217,786		3.4215  GBP
10p ordinary		Purchase		209,617		3.4128  GBP
10p ordinary		Purchase		139,097		3.4212  GBP
10p ordinary		Purchase		138,500		3.4152  GBP
10p ordinary		Purchase		108,100		3.4141  GBP
10p ordinary		Purchase		52,313		3.4124  GBP
10p ordinary		Purchase		52,121		3.3919  GBP
10p ordinary		Purchase		26,475		3.3969  GBP
10p ordinary		Purchase		23,509		3.4010  GBP
10p ordinary		Purchase		22,463		3.3978  GBP
10p ordinary		Purchase		16,012		3.4017  GBP
10p ordinary		Purchase		13,640		3.4032  GBP
10p ordinary		Purchase		13,203		3.3842  GBP
10p ordinary		Purchase		12,357		3.3736  GBP
10p ordinary		Purchase		4,519		3.3956  GBP
10p ordinary		Purchase		2,962		3.3982  GBP
10p ordinary		Purchase		2,333		3.3861  GBP
10p ordinary		Purchase		2,093		3.3949  GBP
10p ordinary		Purchase		1,986		3.3979  GBP
10p ordinary		Purchase		1,792		3.3892  GBP
10p ordinary		Purchase		975		3.4195  GBP
10p ordinary		Purchase		954		3.3870  GBP
10p ordinary		Purchase		897		3.4000  GBP
10p ordinary		Purchase		847		3.3960  GBP
10p ordinary		Purchase		846		3.3980  GBP
10p ordinary		Purchase		293		3.4200  GBP
10p ordinary		Purchase		36		3.4180  GBP
10p ordinary		Sale		1,083,590		3.4190  GBP
10p ordinary		Sale		632,622		3.4178  GBP
10p ordinary		Sale		564,060		3.4166  GBP
10p ordinary		Sale		377,822		3.4052  GBP
10p ordinary		Sale		254,229		3.3999  GBP
10p ordinary		Sale		179,772		3.4068  GBP
10p ordinary		Sale		129,057		3.4015  GBP
10p ordinary		Sale		76,446		3.3748  GBP
10p ordinary		Sale		60,841		3.3907  GBP
10p ordinary		Sale		60,234		3.4191  GBP
10p ordinary		Sale		53,177		3.4038  GBP
10p ordinary		Sale		41,379		3.4189  GBP
10p ordinary		Sale		35,028		3.4001  GBP
10p ordinary		Sale		34,236		3.4016  GBP
10p ordinary		Sale		33,489		3.4097  GBP
10p ordinary		Sale		31,244		3.4024  GBP
10p ordinary		Sale		27,583		3.3981  GBP
10p ordinary		Sale		18,343		3.3893  GBP
10p ordinary		Sale		11,573		3.3990  GBP
10p ordinary		Sale		10,576		3.4055  GBP
10p ordinary		Sale		10,229		3.4144  GBP
10p ordinary		Sale		8,785		3.3973  GBP
10p ordinary		Sale		8,132		3.4050  GBP
10p ordinary		Sale		7,801		3.4080  GBP
10p ordinary		Sale		5,200		3.3945  GBP
10p ordinary		Sale		3,713		3.3863  GBP
10p ordinary		Sale		2,962		3.3982  GBP
10p ordinary		Sale		2,952		3.4116  GBP
10p ordinary		Sale		2,914		3.3950  GBP
10p ordinary		Sale		2,668		3.3794  GBP
10p ordinary		Sale		2,472		3.4132  GBP
10p ordinary		Sale		2,247		3.3938  GBP
10p ordinary		Sale		2,093		3.3949  GBP
10p ordinary		Sale		1,986		3.3979  GBP
10p ordinary		Sale		1,782		3.4994  GBP
10p ordinary		Sale		1,596		3.3750  GBP
10p ordinary		Sale		1,400		3.3870  GBP
10p ordinary		Sale		1,200		3.4286  GBP
10p ordinary		Sale		975		3.4200  GBP
10p ordinary		Sale		897		3.4000  GBP
10p ordinary		Sale		847		3.3960  GBP
10p ordinary		Sale		700		3.4040  GBP
10p ordinary		Sale		580		3.3930  GBP
10p ordinary		Sale		73		3.4180  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		7,859	3.3953  GBP
10p ordinary		SWAP		Closing Long		18,962	3.4190  GBP
10p ordinary		SWAP		Decreasing Long		51	3.4099  GBP
10p ordinary		SWAP		Decreasing Long		117	3.4081  GBP
10p ordinary		SWAP		Decreasing Long		2,333	3.3861  GBP
10p ordinary		SWAP		Decreasing Long		4,519	3.3956  GBP
10p ordinary		SWAP		Decreasing Long		4,812	3.4190  GBP
10p ordinary		SWAP		Decreasing Long		7,839	3.4037  GBP
10p ordinary		SWAP		Decreasing Long		12,357	3.3736  GBP
10p ordinary		SWAP		Decreasing Long		15,502	3.3996  GBP
10p ordinary		SWAP		Decreasing Long		30,873	3.4141  GBP
10p ordinary		SWAP		Decreasing Long		89,152	3.4175  GBP
10p ordinary		SWAP		Decreasing Long		143,000	3.3989  GBP
10p ordinary		CFD		Decreasing Short		371	3.4259  GBP
10p ordinary		CFD		Decreasing Short		4,754	3.4275  GBP
10p ordinary		CFD		Decreasing Short		32,015	3.3900  GBP
10p ordinary		SWAP		Decreasing Short		145,375	3.4190  GBP
10p ordinary		CFD		Decreasing Short		156,827	3.4190  GBP
10p ordinary		SWAP		Decreasing Short		254,229	3.3999  GBP
10p ordinary		SWAP		Increasing Long		829	3.4298  GBP
10p ordinary		SWAP		Increasing Long		1,049	3.3938  GBP
10p ordinary		SWAP		Increasing Long		2,668	3.3794  GBP
10p ordinary		SWAP		Increasing Long		26,534	3.3983  GBP
10p ordinary		SWAP		Increasing Long		35,789	3.4003  GBP
10p ordinary		SWAP		Increasing Long		76,446	3.3748  GBP
10p ordinary		SWAP		Increasing Long		338,039	3.4189  GBP
10p ordinary		SWAP		Increasing Long		377,822	3.4052  GBP
10p ordinary		SWAP		Increasing Long		703,164	3.4103  GBP
10p ordinary		SWAP		Increasing Short		1,802	3.3992  GBP
10p ordinary		SWAP		Increasing Short		4,592	3.3977  GBP
10p ordinary		CFD		Increasing Short		8,435	3.4190  GBP
10p ordinary		SWAP		Increasing Short		10,341	3.3974  GBP
10p ordinary		SWAP		Increasing Short		65,027	3.3985  GBP
10p ordinary		SWAP		Increasing Short		77,227	3.4141  GBP
10p ordinary		CFD		Increasing Short		139,097	3.4212  GBP
10p ordinary		SWAP		Increasing Short		198,145	3.3981  GBP
10p ordinary		SWAP		Increasing Short		301,241	3.4060  GBP
10p ordinary		SWAP		Increasing Short		357,000	3.3989  GBP
10p ordinary		SWAP		Opening Short		2,499	3.4120  GBP
10p ordinary		SWAP		Opening Short		217,786	3.4215  GBP
10p ordinary		SWAP		Opening Short		452,967	3.4033  GBP
10p ordinary		SWAP		Opening Short		452,967	3.4016  GBP
10p ordinary		SWAP		Opening Short		903,435	3.4190  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:				12 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END