Form 8.3 - Smith (DS) plc

Barclays PLC

29 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:				26 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:			20,348,168	1.48%	7,824,802	0.57%
(2)	Cash-settled derivatives:
	and/or controlled:			7,664,070	0.56%	19,660,361	1.43%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			28,012,238	2.03%	27,485,163	1.99%
(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		689,736		3.3979  GBP
10p ordinary		Purchase		595,152		3.3942  GBP
10p ordinary		Purchase		433,690		3.3872  GBP
10p ordinary		Purchase		387,824		3.4000  GBP
10p ordinary		Purchase		256,455		3.3963  GBP
10p ordinary		Purchase		130,169		3.3790  GBP
10p ordinary		Purchase		76,311		3.3858  GBP
10p ordinary		Purchase		73,893		3.3929  GBP
10p ordinary		Purchase		68,900		3.3861  GBP
10p ordinary		Purchase		53,505		3.3848  GBP
10p ordinary		Purchase		50,312		3.3996  GBP
10p ordinary		Purchase		35,194		3.3969  GBP
10p ordinary		Purchase		29,163		3.4003  GBP
10p ordinary		Purchase		23,010		3.3859  GBP
10p ordinary		Purchase		20,826		3.4052  GBP
10p ordinary		Purchase		18,222		3.3782  GBP
10p ordinary		Purchase		16,000		3.4029  GBP
10p ordinary		Purchase		14,805		3.3999  GBP
10p ordinary		Purchase		13,303		3.3886  GBP
10p ordinary		Purchase		12,982		3.4056  GBP
10p ordinary		Purchase		10,982		3.3774  GBP
10p ordinary		Purchase		9,529		3.3755  GBP
10p ordinary		Purchase		8,558		3.3880  GBP
10p ordinary		Purchase		8,274		3.3730  GBP
10p ordinary		Purchase		7,414		3.3765  GBP
10p ordinary		Purchase		5,594		3.3907  GBP
10p ordinary		Purchase		5,055		3.3737  GBP
10p ordinary		Purchase		4,767		3.3743  GBP
10p ordinary		Purchase		4,712		3.4081  GBP
10p ordinary		Purchase		4,419		3.4062  GBP
10p ordinary		Purchase		2,825		3.3947  GBP
10p ordinary		Purchase		2,799		3.4006  GBP
10p ordinary		Purchase		2,545		3.3720  GBP
10p ordinary		Purchase		1,995		3.4060  GBP
10p ordinary		Purchase		1,808		3.3680  GBP
10p ordinary		Purchase		1,705		3.3740  GBP
10p ordinary		Purchase		1,517		3.3960  GBP
10p ordinary		Purchase		1,472		3.4040  GBP
10p ordinary		Purchase		1,319		3.3640  GBP
10p ordinary		Purchase		1,319		3.4048  GBP
10p ordinary		Purchase		1,301		3.3898  GBP
10p ordinary		Purchase		1,187		3.4210  GBP
10p ordinary		Purchase		978		3.3620  GBP
10p ordinary		Purchase		774		3.3700  GBP
10p ordinary		Purchase		746		3.4005  GBP
10p ordinary		Purchase		446		3.3780  GBP
10p ordinary		Purchase		296		3.3980  GBP
10p ordinary		Sale		343,078		3.3740  GBP
10p ordinary		Sale		261,364		3.3896  GBP
10p ordinary		Sale		260,468		3.3932  GBP
10p ordinary		Sale		229,426		3.4000  GBP
10p ordinary		Sale		162,137		3.3936  GBP
10p ordinary		Sale		156,259		3.3825  GBP
10p ordinary		Sale		108,947		3.4001  GBP
10p ordinary		Sale		87,780		3.4031  GBP
10p ordinary		Sale		69,918		3.4003  GBP
10p ordinary		Sale		50,312		3.3996  GBP
10p ordinary		Sale		48,406		3.3882  GBP
10p ordinary		Sale		33,725		3.3917  GBP
10p ordinary		Sale		26,900		3.3732  GBP
10p ordinary		Sale		26,082		3.3933  GBP
10p ordinary		Sale		6,654		3.3686  GBP
10p ordinary		Sale		6,017		3.3738  GBP
10p ordinary		Sale		5,587		3.4040  GBP
10p ordinary		Sale		3,672		3.3852  GBP
10p ordinary		Sale		2,545		3.3720  GBP
10p ordinary		Sale		2,000		3.3660  GBP
10p ordinary		Sale		1,995		3.4060  GBP
10p ordinary		Sale		1,808		3.3680  GBP
10p ordinary		Sale		1,517		3.3960  GBP
10p ordinary		Sale		1,267		3.3734  GBP
10p ordinary		Sale		1,261		3.4090  GBP
10p ordinary		Sale		978		3.3620  GBP
10p ordinary		Sale		774		3.3700  GBP
10p ordinary		Sale		634		3.3820  GBP
10p ordinary		Sale		586		3.3880  GBP
10p ordinary		Sale		500		3.4100  GBP
10p ordinary		Sale		446		3.3780  GBP
10p ordinary		Sale		7		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		394	3.3740  GBP
10p ordinary		SWAP		Decreasing Long		746	3.4005  GBP
10p ordinary		SWAP		Decreasing Long		1,272	3.3716  GBP
10p ordinary		SWAP		Decreasing Long		2,396	3.3735  GBP
10p ordinary		SWAP		Decreasing Long		2,799	3.4006  GBP
10p ordinary		SWAP		Decreasing Long		76,311	3.3858  GBP
10p ordinary		SWAP		Decreasing Short		8	3.3737  GBP
10p ordinary		SWAP		Decreasing Short		857	3.3763  GBP
10p ordinary		SWAP		Decreasing Short		1,322	3.3700  GBP
10p ordinary		SWAP		Decreasing Short		2,000	3.3660  GBP
10p ordinary		SWAP		Decreasing Short		2,139	3.3777  GBP
10p ordinary		SWAP		Decreasing Short		3,672	3.3852  GBP
10p ordinary		SWAP		Decreasing Short		5,057	3.3704  GBP
10p ordinary		SWAP		Decreasing Short		24,192	3.3805  GBP
10p ordinary		SWAP		Decreasing Short		27,106	3.4023  GBP
10p ordinary		CFD		Decreasing Short		50,312	3.3996  GBP
10p ordinary		SWAP		Decreasing Short		87,780	3.4031  GBP
10p ordinary		CFD		Decreasing Short		216,456	3.4000  GBP
10p ordinary		CFD		Decreasing Short		276,045	3.3740  GBP
10p ordinary		SWAP		Increasing Long		634	3.3820  GBP
10p ordinary		SWAP		Increasing Long		2,100	3.3732  GBP
10p ordinary		SWAP		Increasing Long		65,328	3.3740  GBP
10p ordinary		SWAP		Increasing Short		830	3.3739  GBP
10p ordinary		SWAP		Increasing Short		1,187	3.4210  GBP
10p ordinary		SWAP		Increasing Short		1,319	3.4048  GBP
10p ordinary		SWAP		Increasing Short		4,212	3.3730  GBP
10p ordinary		SWAP		Increasing Short		4,419	3.4062  GBP
10p ordinary		SWAP		Increasing Short		5,055	3.3737  GBP
10p ordinary		SWAP		Increasing Short		10,982	3.3774  GBP
10p ordinary		SWAP		Increasing Short		33,332	3.3920  GBP
10p ordinary		SWAP		Increasing Short		48,997	3.3889  GBP
10p ordinary		SWAP		Increasing Short		65,917	3.3832  GBP
10p ordinary		SWAP		Increasing Short		73,452	3.3986  GBP
10p ordinary		CFD		Increasing Short		74,225	3.4051  GBP
10p ordinary		SWAP		Increasing Short		76,083	3.3890  GBP
10p ordinary		CFD		Increasing Short		101,310	3.4049  GBP
10p ordinary		SWAP		Increasing Short		172,729	3.3840  GBP
10p ordinary		SWAP		Increasing Short		214,590	3.3999  GBP
10p ordinary		SWAP		Increasing Short		254,368	3.4000  GBP
10p ordinary		CFD		Increasing Short		342,223	3.4000  GBP
10p ordinary		SWAP		Increasing Short		416,919	3.3942  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:				29 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END