Form 8.3 - Smith (DS) plc

Barclays PLC

26 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:				25 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:			15,904,751	1.15%	10,968,708	0.80%
(2)	Cash-settled derivatives:
	and/or controlled:			7,392,832	0.54%	15,511,796	1.13%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			23,297,583	1.69%	26,480,504	1.92%
(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		657,931		3.5099  GBP
10p ordinary		Purchase		192,415		3.4987  GBP
10p ordinary		Purchase		142,131		3.5100  GBP
10p ordinary		Purchase		112,863		3.5090  GBP
10p ordinary		Purchase		108,850		3.4959  GBP
10p ordinary		Purchase		106,870		3.4933  GBP
10p ordinary		Purchase		88,164		3.5096  GBP
10p ordinary		Purchase		74,841		3.4787  GBP
10p ordinary		Purchase		55,770		3.5036  GBP
10p ordinary		Purchase		51,280		3.4939  GBP
10p ordinary		Purchase		34,497		3.5001  GBP
10p ordinary		Purchase		27,853		3.5073  GBP
10p ordinary		Purchase		25,903		3.4978  GBP
10p ordinary		Purchase		18,150		3.4960  GBP
10p ordinary		Purchase		13,699		3.4870  GBP
10p ordinary		Purchase		9,876		3.4849  GBP
10p ordinary		Purchase		8,910		3.4983  GBP
10p ordinary		Purchase		6,504		3.4938  GBP
10p ordinary		Purchase		5,938		3.4990  GBP
10p ordinary		Purchase		5,820		3.4881  GBP
10p ordinary		Purchase		5,352		3.5105  GBP
10p ordinary		Purchase		3,337		3.4815  GBP
10p ordinary		Purchase		2,864		3.4940  GBP
10p ordinary		Purchase		2,381		3.4875  GBP
10p ordinary		Purchase		2,320		3.4818  GBP
10p ordinary		Purchase		1,919		3.4886  GBP
10p ordinary		Purchase		1,225		3.4760  GBP
10p ordinary		Purchase		1,211		3.4916  GBP
10p ordinary		Purchase		983		3.4910  GBP
10p ordinary		Purchase		812		3.4797  GBP
10p ordinary		Purchase		789		3.5060  GBP
10p ordinary		Purchase		335		3.4970  GBP
10p ordinary		Sale		685,319		3.5100  GBP
10p ordinary		Sale		483,648		3.5094  GBP
10p ordinary		Sale		101,706		3.5054  GBP
10p ordinary		Sale		88,164		3.5096  GBP
10p ordinary		Sale		59,901		3.4899  GBP
10p ordinary		Sale		27,474		3.4829  GBP
10p ordinary		Sale		24,361		3.4859  GBP
10p ordinary		Sale		19,763		3.4966  GBP
10p ordinary		Sale		19,662		3.4947  GBP
10p ordinary		Sale		17,224		3.4791  GBP
10p ordinary		Sale		12,129		3.4956  GBP
10p ordinary		Sale		9,546		3.4948  GBP
10p ordinary		Sale		6,378		3.4994  GBP
10p ordinary		Sale		5,861		3.4917  GBP
10p ordinary		Sale		5,850		3.5011  GBP
10p ordinary		Sale		5,842		3.4993  GBP
10p ordinary		Sale		5,304		3.4950  GBP
10p ordinary		Sale		4,242		3.4964  GBP
10p ordinary		Sale		3,920		3.4880  GBP
10p ordinary		Sale		3,403		3.4785  GBP
10p ordinary		Sale		2,864		3.4940  GBP
10p ordinary		Sale		2,609		3.4760  GBP
10p ordinary		Sale		2,240		3.4757  GBP
10p ordinary		Sale		2,176		3.4895  GBP
10p ordinary		Sale		1,234		3.4850  GBP
10p ordinary		Sale		1,232		3.4780  GBP
10p ordinary		Sale		1,207		3.4857  GBP
10p ordinary		Sale		983		3.4910  GBP
10p ordinary		Sale		935		3.4765  GBP
10p ordinary		Sale		881		3.4877  GBP
10p ordinary		Sale		789		3.5060  GBP
10p ordinary		Sale		724		3.5103  GBP
10p ordinary		Sale		335		3.4870  GBP
10p ordinary		Sale		145		3.5007  GBP
10p ordinary		Sale		55		3.5005  GBP
10p ordinary		Sale		20		3.5090  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		Decreasing Long		1,211	3.4916  GBP
10p ordinary		SWAP		Decreasing Long		2,320	3.4818  GBP
10p ordinary		SWAP		Decreasing Long		3,337	3.4815  GBP
10p ordinary		SWAP		Decreasing Long		3,657	3.5034  GBP
10p ordinary		SWAP		Decreasing Long		4,917	3.4888  GBP
10p ordinary		SWAP		Decreasing Long		5,315	3.5041  GBP
10p ordinary		SWAP		Decreasing Long		5,352	3.5105  GBP
10p ordinary		SWAP		Decreasing Long		13,364	3.4870  GBP
10p ordinary		SWAP		Decreasing Long		21,488	3.5030  GBP
10p ordinary		SWAP		Decreasing Long		25,310	3.5040  GBP
10p ordinary		SWAP		Decreasing Long		51,280	3.4939  GBP
10p ordinary		SWAP		Decreasing Long		55,134	3.5088  GBP
10p ordinary		CFD		Decreasing Short		145	3.5007  GBP
10p ordinary		SWAP		Decreasing Short		454	3.4959  GBP
10p ordinary		SWAP		Decreasing Short		1,449	3.5027  GBP
10p ordinary		CFD		Decreasing Short		4,099	3.5097  GBP
10p ordinary		SWAP		Decreasing Short		4,647	3.5006  GBP
10p ordinary		SWAP		Decreasing Short		5,850	3.5011  GBP
10p ordinary		CFD		Decreasing Short		8,298	3.4875  GBP
10p ordinary		CFD		Decreasing Short		17,224	3.4791  GBP
10p ordinary		CFD		Decreasing Short		26,587	3.5061  GBP
10p ordinary		CFD		Decreasing Short		52,034	3.5100  GBP
10p ordinary		CFD		Decreasing Short		88,164	3.5096  GBP
10p ordinary		SWAP		Decreasing Short		179,657	3.5100  GBP
10p ordinary		SWAP		Increasing Long		344	3.4759  GBP
10p ordinary		SWAP		Increasing Long		1,384	3.4760  GBP
10p ordinary		SWAP		Increasing Long		3,403	3.4785  GBP
10p ordinary		SWAP		Increasing Long		4,329	3.4913  GBP
10p ordinary		SWAP		Increasing Long		27,130	3.4830  GBP
10p ordinary		SWAP		Increasing Long		39,894	3.5046  GBP
10p ordinary		SWAP		Increasing Long		59,901	3.4899  GBP
10p ordinary		SWAP		Increasing Long		170,644	3.5099  GBP
10p ordinary		SWAP		Increasing Short		227	3.4959  GBP
10p ordinary		SWAP		Increasing Short		570	3.5067  GBP
10p ordinary		SWAP		Increasing Short		1,071	3.4903  GBP
10p ordinary		SWAP		Increasing Short		2,281	3.4882  GBP
10p ordinary		SWAP		Increasing Short		2,381	3.4875  GBP
10p ordinary		SWAP		Increasing Short		2,915	3.4928  GBP
10p ordinary		CFD		Increasing Short		4,099	3.4902  GBP
10p ordinary		SWAP		Increasing Short		7,835	3.4916  GBP
10p ordinary		SWAP		Increasing Short		34,497	3.5001  GBP
10p ordinary		SWAP		Increasing Short		44,348	3.4917  GBP
10p ordinary		SWAP		Increasing Short		74,841	3.4787  GBP
10p ordinary		SWAP		Increasing Short		185,591	3.4946  GBP
10p ordinary		CFD		Increasing Short		192,278	3.5100  GBP
10p ordinary		SWAP		Opening Short		1,978	3.4819  GBP
10p ordinary		SWAP		Opening Short		9,244	3.5063  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 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END