Form 8.3 - Smith (DS) plc

Barclays PLC

26 April 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 Apr 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?				INTERNATIONAL PAPER COMPANY
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:			19,171,903	1.39%	7,838,989	0.57%
(2)	Cash-settled derivatives:
	and/or controlled:			7,679,926	0.56%	18,455,158	1.34%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			26,851,829	1.95%	26,294,147	1.91%
(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		4,326,821		3.3982  GBP
10p ordinary		Purchase		1,149,289		3.4000  GBP
10p ordinary		Purchase		637,441		3.3720  GBP
10p ordinary		Purchase		504,233		3.3991  GBP
10p ordinary		Purchase		316,315		3.3781  GBP
10p ordinary		Purchase		285,777		3.3863  GBP
10p ordinary		Purchase		236,472		3.3999  GBP
10p ordinary		Purchase		224,009		3.3095  GBP
10p ordinary		Purchase		197,101		3.3935  GBP
10p ordinary		Purchase		191,759		4.2772  GBP
10p ordinary		Purchase		152,100		3.4216  GBP
10p ordinary		Purchase		136,426		3.3481  GBP
10p ordinary		Purchase		124,922		3.4037  GBP
10p ordinary		Purchase		116,343		3.3638  GBP
10p ordinary		Purchase		102,425		3.4544  GBP
10p ordinary		Purchase		90,558		3.4020  GBP
10p ordinary		Purchase		75,671		3.4054  GBP
10p ordinary		Purchase		75,103		3.3814  GBP
10p ordinary		Purchase		56,092		3.3981  GBP
10p ordinary		Purchase		54,615		3.3853  GBP
10p ordinary		Purchase		48,453		3.4181  GBP
10p ordinary		Purchase		31,567		3.3407  GBP
10p ordinary		Purchase		31,227		3.4071  GBP
10p ordinary		Purchase		29,560		3.4170  GBP
10p ordinary		Purchase		15,431		3.3829  GBP
10p ordinary		Purchase		15,360		3.3624  GBP
10p ordinary		Purchase		10,372		3.3784  GBP
10p ordinary		Purchase		10,040		3.3142  GBP
10p ordinary		Purchase		8,412		3.4180  GBP
10p ordinary		Purchase		7,176		3.3053  GBP
10p ordinary		Purchase		6,470		3.4173  GBP
10p ordinary		Purchase		5,782		3.4315  GBP
10p ordinary		Purchase		4,677		3.3600  GBP
10p ordinary		Purchase		2,869		3.2940  GBP
10p ordinary		Purchase		2,790		3.4477  GBP
10p ordinary		Purchase		2,465		3.3470  GBP
10p ordinary		Purchase		2,377		3.3220  GBP
10p ordinary		Purchase		2,343		3.3660  GBP
10p ordinary		Purchase		2,295		3.3526  GBP
10p ordinary		Purchase		2,112		3.4027  GBP
10p ordinary		Purchase		1,976		3.4540  GBP
10p ordinary		Purchase		1,909		3.3670  GBP
10p ordinary		Purchase		1,662		3.4340  GBP
10p ordinary		Purchase		1,562		3.2900  GBP
10p ordinary		Purchase		1,556		3.3140  GBP
10p ordinary		Purchase		1,386		3.2830  GBP
10p ordinary		Purchase		1,346		3.3120  GBP
10p ordinary		Purchase		1,326		3.3290  GBP
10p ordinary		Purchase		1,232		3.3240  GBP
10p ordinary		Purchase		1,174		3.3020  GBP
10p ordinary		Purchase		1,099		3.3210  GBP
10p ordinary		Purchase		1,097		3.4500  GBP
10p ordinary		Purchase		1,059		3.4580  GBP
10p ordinary		Purchase		1,022		3.3500  GBP
10p ordinary		Purchase		981		3.2930  GBP
10p ordinary		Purchase		943		3.4240  GBP
10p ordinary		Purchase		793		3.3260  GBP
10p ordinary		Purchase		788		3.3960  GBP
10p ordinary		Purchase		787		3.3180  GBP
10p ordinary		Purchase		676		3.2980  GBP
10p ordinary		Purchase		597		3.2860  GBP
10p ordinary		Purchase		518		3.3620  GBP
10p ordinary		Purchase		343		3.3460  GBP
10p ordinary		Purchase		100		3.4005  GBP
10p ordinary		Sale		1,117,386		3.4000  GBP
10p ordinary		Sale		669,437		3.3969  GBP
10p ordinary		Sale		559,421		3.4122  GBP
10p ordinary		Sale		366,544		3.3472  GBP
10p ordinary		Sale		276,513		3.3825  GBP
10p ordinary		Sale		275,302		3.4192  GBP
10p ordinary		Sale		251,774		3.3683  GBP
10p ordinary		Sale		236,088		3.3716  GBP
10p ordinary		Sale		191,759		4.2772  GBP
10p ordinary		Sale		154,228		3.3374  GBP
10p ordinary		Sale		153,808		3.4300  GBP
10p ordinary		Sale		86,054		3.3423  GBP
10p ordinary		Sale		81,307		3.3981  GBP
10p ordinary		Sale		80,372		3.3569  GBP
10p ordinary		Sale		69,437		3.3968  GBP
10p ordinary		Sale		49,177		3.4353  GBP
10p ordinary		Sale		46,833		3.4191  GBP
10p ordinary		Sale		41,231		3.3613  GBP
10p ordinary		Sale		31,002		3.3156  GBP
10p ordinary		Sale		30,392		3.3728  GBP
10p ordinary		Sale		26,295		3.4034  GBP
10p ordinary		Sale		26,137		3.3534  GBP
10p ordinary		Sale		25,118		3.4292  GBP
10p ordinary		Sale		23,684		3.2983  GBP
10p ordinary		Sale		19,027		3.3412  GBP
10p ordinary		Sale		18,061		3.3694  GBP
10p ordinary		Sale		17,191		3.3198  GBP
10p ordinary		Sale		15,979		3.4387  GBP
10p ordinary		Sale		14,454		3.4021  GBP
10p ordinary		Sale		13,904		3.4174  GBP
10p ordinary		Sale		11,674		3.3364  GBP
10p ordinary		Sale		9,347		3.3430  GBP
10p ordinary		Sale		6,903		3.3061  GBP
10p ordinary		Sale		6,016		3.3603  GBP
10p ordinary		Sale		4,677		3.3600  GBP
10p ordinary		Sale		2,869		3.2940  GBP
10p ordinary		Sale		2,465		3.3470  GBP
10p ordinary		Sale		2,377		3.3220  GBP
10p ordinary		Sale		2,370		3.2880  GBP
10p ordinary		Sale		2,343		3.3660  GBP
10p ordinary		Sale		1,976		3.4540  GBP
10p ordinary		Sale		1,748		3.4152  GBP
10p ordinary		Sale		1,562		3.2900  GBP
10p ordinary		Sale		1,556		3.3140  GBP
10p ordinary		Sale		1,386		3.2830  GBP
10p ordinary		Sale		1,346		3.3120  GBP
10p ordinary		Sale		1,326		3.3290  GBP
10p ordinary		Sale		1,321		3.4211  GBP
10p ordinary		Sale		1,232		3.3240  GBP
10p ordinary		Sale		1,099		3.3210  GBP
10p ordinary		Sale		1,059		3.4580  GBP
10p ordinary		Sale		1,022		3.3500  GBP
10p ordinary		Sale		981		3.2930  GBP
10p ordinary		Sale		943		3.4240  GBP
10p ordinary		Sale		795		3.3780  GBP
10p ordinary		Sale		793		3.3260  GBP
10p ordinary		Sale		788		3.3960  GBP
10p ordinary		Sale		787		3.4340  GBP
10p ordinary		Sale		787		3.3180  GBP
10p ordinary		Sale		676		3.2980  GBP
10p ordinary		Sale		597		3.2860  GBP
10p ordinary		Sale		518		3.3620  GBP
10p ordinary		Sale		343		3.3460  GBP
10p ordinary		Sale		272		3.3720  GBP
10p ordinary		Sale		2		3.4513  GBP
10p ordinary		Sale		1		3.4483  GBP
10p ordinary		Sale		26		3.3980  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		100	3.4005  GBP
10p ordinary		SWAP		Decreasing Long		6,700	3.3364  GBP
10p ordinary		SWAP		Decreasing Long		9,063	3.4209  GBP
10p ordinary		SWAP		Decreasing Long		27,646	3.4206  GBP
10p ordinary		SWAP		Decreasing Long		31,694	3.3454  GBP
10p ordinary		SWAP		Decreasing Long		116,343	3.3638  GBP
10p ordinary		SWAP		Decreasing Short		234	3.3020  GBP
10p ordinary		SWAP		Decreasing Short		795	3.3780  GBP
10p ordinary		SWAP		Decreasing Short		1,748	3.4152  GBP
10p ordinary		SWAP		Decreasing Short		1,785	3.3991  GBP
10p ordinary		SWAP		Decreasing Short		3,412	3.4269  GBP
10p ordinary		SWAP		Decreasing Short		5,316	3.3915  GBP
10p ordinary		SWAP		Decreasing Short		6,016	3.3603  GBP
10p ordinary		SWAP		Decreasing Short		9,347	3.3430  GBP
10p ordinary		SWAP		Decreasing Short		38,755	3.3960  GBP
10p ordinary		CFD		Decreasing Short		40,000	3.3652  GBP
10p ordinary		SWAP		Decreasing Short		49,177	3.4353  GBP
10p ordinary		SWAP		Decreasing Short		113,711	3.4210  GBP
10p ordinary		CFD		Decreasing Short		153,808	3.4300  GBP
10p ordinary		SWAP		Decreasing Short		276,513	3.3825  GBP
10p ordinary		SWAP		Decreasing Short		559,421	3.4122  GBP
10p ordinary		CFD		Decreasing Short		626,389	3.4000  GBP
10p ordinary		SWAP		Increasing Long		34	3.3529  GBP
10p ordinary		SWAP		Increasing Long		176	3.4141  GBP
10p ordinary		SWAP		Increasing Long		576	3.3947  GBP
10p ordinary		SWAP		Increasing Long		677	3.3513  GBP
10p ordinary		SWAP		Increasing Long		1,321	3.4211  GBP
10p ordinary		SWAP		Increasing Long		1,425	3.3724  GBP
10p ordinary		SWAP		Increasing Long		6,225	3.3589  GBP
10p ordinary		SWAP		Increasing Long		8,960	3.3530  GBP
10p ordinary		SWAP		Increasing Long		11,706	3.3379  GBP
10p ordinary		SWAP		Increasing Long		16,460	3.3686  GBP
10p ordinary		SWAP		Increasing Long		17,191	3.3198  GBP
10p ordinary		SWAP		Increasing Long		26,137	3.3534  GBP
10p ordinary		SWAP		Increasing Long		41,231	3.3613  GBP
10p ordinary		SWAP		Increasing Long		73,571	3.3565  GBP
10p ordinary		SWAP		Increasing Long		141,845	3.3373  GBP
10p ordinary		SWAP		Increasing Long		251,774	3.3683  GBP
10p ordinary		SWAP		Increasing Short		50	3.4306  GBP
10p ordinary		CFD		Increasing Short		395	3.3264  GBP
10p ordinary		SWAP		Increasing Short		468	3.3020  GBP
10p ordinary		SWAP		Increasing Short		875	3.4340  GBP
10p ordinary		CFD		Increasing Short		1,611	3.4115  GBP
10p ordinary		SWAP		Increasing Short		1,909	3.3670  GBP
10p ordinary		SWAP		Increasing Short		2,110	3.3020  GBP
10p ordinary		SWAP		Increasing Short		6,240	3.3058  GBP
10p ordinary		SWAP		Increasing Short		10,372	3.3784  GBP
10p ordinary		SWAP		Increasing Short		64,476	3.4086  GBP
10p ordinary		CFD		Increasing Short		65,360	3.4003  GBP
10p ordinary		SWAP		Increasing Short		102,425	3.4544  GBP
10p ordinary		SWAP		Increasing Short		140,942	3.4018  GBP
10p ordinary		SWAP		Increasing Short		167,852	3.3936  GBP
10p ordinary		SWAP		Increasing Short		193,048	3.4094  GBP
10p ordinary		CFD		Increasing Short		210,315	3.4070  GBP
10p ordinary		SWAP		Increasing Short		285,777	3.3863  GBP
10p ordinary		SWAP		Increasing Short		286,303	3.3970  GBP
10p ordinary		CFD		Increasing Short		293,687	3.4009  GBP
10p ordinary		SWAP		Increasing Short		637,169	3.3720  GBP
10p ordinary		SWAP		Increasing Short		733,388	3.4012  GBP
10p ordinary		CFD		Increasing Short		838,359	3.4000  GBP
10p ordinary		SWAP		Increasing Short		2,626,340	3.4000  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 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END