Form 8.3 - Smith (DS) plc

Barclays PLC

19 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:				18 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:			14,089,251	1.02%	7,340,851	0.53%
(2)	Cash-settled derivatives:
	and/or controlled:			7,207,192	0.52%	14,370,088	1.04%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			21,296,443	1.55%	21,710,939	1.58%
(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		250,258		3.4084  GBP
10p ordinary		Purchase		216,960		3.3959  GBP
10p ordinary		Purchase		105,030		3.4157  GBP
10p ordinary		Purchase		104,781		3.3915  GBP
10p ordinary		Purchase		101,170		3.4213  GBP
10p ordinary		Purchase		100,267		3.3885  GBP
10p ordinary		Purchase		86,833		3.3930  GBP
10p ordinary		Purchase		79,982		3.4263  GBP
10p ordinary		Purchase		73,980		3.4097  GBP
10p ordinary		Purchase		61,652		3.4219  GBP
10p ordinary		Purchase		33,652		3.3901  GBP
10p ordinary		Purchase		28,629		3.4141  GBP
10p ordinary		Purchase		28,564		3.4088  GBP
10p ordinary		Purchase		25,538		3.3962  GBP
10p ordinary		Purchase		24,945		3.3986  GBP
10p ordinary		Purchase		23,544		3.4164  GBP
10p ordinary		Purchase		17,405		3.4300  GBP
10p ordinary		Purchase		14,401		3.4129  GBP
10p ordinary		Purchase		13,900		3.3844  GBP
10p ordinary		Purchase		13,854		3.4230  GBP
10p ordinary		Purchase		9,378		3.3994  GBP
10p ordinary		Purchase		8,995		3.4012  GBP
10p ordinary		Purchase		8,264		3.3880  GBP
10p ordinary		Purchase		6,081		3.4185  GBP
10p ordinary		Purchase		3,981		3.4023  GBP
10p ordinary		Purchase		3,236		3.3990  GBP
10p ordinary		Purchase		3,167		3.3952  GBP
10p ordinary		Purchase		2,497		3.4030  GBP
10p ordinary		Purchase		2,450		3.4286  GBP
10p ordinary		Purchase		2,371		3.4144  GBP
10p ordinary		Purchase		2,196		3.3960  GBP
10p ordinary		Purchase		1,809		3.4105  GBP
10p ordinary		Purchase		1,772		3.4180  GBP
10p ordinary		Purchase		1,740		3.4252  GBP
10p ordinary		Purchase		1,596		3.4139  GBP
10p ordinary		Purchase		1,544		3.3940  GBP
10p ordinary		Purchase		1,156		3.4020  GBP
10p ordinary		Purchase		1,152		3.4060  GBP
10p ordinary		Purchase		999		3.4050  GBP
10p ordinary		Purchase		904		3.3924  GBP
10p ordinary		Purchase		875		3.4260  GBP
10p ordinary		Purchase		850		3.3950  GBP
10p ordinary		Purchase		801		3.4110  GBP
10p ordinary		Purchase		65		3.3870  GBP
10p ordinary		Purchase		15		3.3911  GBP
10p ordinary		Purchase		3		3.3900  GBP
10p ordinary		Sale		389,274		3.3880  GBP
10p ordinary		Sale		360,516		3.4215  GBP
10p ordinary		Sale		197,769		3.4096  GBP
10p ordinary		Sale		114,597		3.3915  GBP
10p ordinary		Sale		62,467		3.4052  GBP
10p ordinary		Sale		52,603		3.3881  GBP
10p ordinary		Sale		45,107		3.3850  GBP
10p ordinary		Sale		44,812		3.4071  GBP
10p ordinary		Sale		33,652		3.3901  GBP
10p ordinary		Sale		32,880		3.3936  GBP
10p ordinary		Sale		23,431		3.4163  GBP
10p ordinary		Sale		17,053		3.4335  GBP
10p ordinary		Sale		10,118		3.3938  GBP
10p ordinary		Sale		6,476		3.3886  GBP
10p ordinary		Sale		5,386		3.4050  GBP
10p ordinary		Sale		4,841		3.4076  GBP
10p ordinary		Sale		4,386		3.4149  GBP
10p ordinary		Sale		4,056		3.3975  GBP
10p ordinary		Sale		3,927		3.4036  GBP
10p ordinary		Sale		3,369		3.3940  GBP
10p ordinary		Sale		3,186		3.3953  GBP
10p ordinary		Sale		2,117		3.3960  GBP
10p ordinary		Sale		1,733		3.4147  GBP
10p ordinary		Sale		1,525		3.3860  GBP
10p ordinary		Sale		1,156		3.4020  GBP
10p ordinary		Sale		1,152		3.4060  GBP
10p ordinary		Sale		953		3.4180  GBP
10p ordinary		Sale		426		3.3943  GBP
10p ordinary		Sale		259		3.3930  GBP
10p ordinary		Sale		6		3.3920  GBP
10p ordinary		Sale		3		3.3900  GBP
10p ordinary		Sale		279		3.3870  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 Short		361,060	3.3880  GBP
10p ordinary		SWAP		Decreasing Long		267	3.3885  GBP
10p ordinary		SWAP		Decreasing Long		801	3.4110  GBP
10p ordinary		SWAP		Decreasing Long		2,196	3.3960  GBP
10p ordinary		SWAP		Decreasing Long		2,371	3.4144  GBP
10p ordinary		SWAP		Decreasing Long		2,450	3.4286  GBP
10p ordinary		SWAP		Decreasing Long		4,545	3.4086  GBP
10p ordinary		SWAP		Decreasing Long		10,203	3.3921  GBP
10p ordinary		SWAP		Decreasing Long		25,538	3.3962  GBP
10p ordinary		SWAP		Decreasing Long		128,298	3.3880  GBP
10p ordinary		CFD		Decreasing Short		23	3.3878  GBP
10p ordinary		SWAP		Decreasing Short		460	3.4052  GBP
10p ordinary		CFD		Decreasing Short		1,955	3.3880  GBP
10p ordinary		CFD		Decreasing Short		2,749	3.3877  GBP
10p ordinary		CFD		Decreasing Short		13,530	3.4199  GBP
10p ordinary		SWAP		Decreasing Short		26,076	3.4086  GBP
10p ordinary		CFD		Decreasing Short		33,652	3.3901  GBP
10p ordinary		SWAP		Decreasing Short		44,812	3.4071  GBP
10p ordinary		SWAP		Increasing Long		543	3.4060  GBP
10p ordinary		SWAP		Increasing Long		1,034	3.3940  GBP
10p ordinary		SWAP		Increasing Long		8,075	3.4215  GBP
10p ordinary		SWAP		Increasing Long		23,431	3.4164  GBP
10p ordinary		SWAP		Increasing Long		75,541	3.3885  GBP
10p ordinary		CFD		Increasing Short		23	3.3878  GBP
10p ordinary		SWAP		Increasing Short		230	3.4052  GBP
10p ordinary		SWAP		Increasing Short		892	3.4058  GBP
10p ordinary		CFD		Increasing Short		904	3.3924  GBP
10p ordinary		CFD		Increasing Short		1,669	3.3880  GBP
10p ordinary		SWAP		Increasing Short		2,299	3.4067  GBP
10p ordinary		CFD		Increasing Short		2,749	3.4062  GBP
10p ordinary		CFD		Increasing Short		3,544	3.3954  GBP
10p ordinary		SWAP		Increasing Short		7,058	3.3880  GBP
10p ordinary		SWAP		Increasing Short		7,151	3.4105  GBP
10p ordinary		CFD		Increasing Short		13,580	3.4300  GBP
10p ordinary		SWAP		Increasing Short		43,654	3.4057  GBP
10p ordinary		SWAP		Increasing Short		45,204	3.4093  GBP
10p ordinary		SWAP		Increasing Short		250,258	3.4084  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:				19 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END