Form 8.3 - Smith (DS) plc

Barclays PLC

30 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:				29 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 COMAPNY
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:			21,351,323	1.55%	7,925,186	0.57%
(2)	Cash-settled derivatives:
	and/or controlled:			7,847,052	0.57%	20,723,414	1.50%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			29,198,375	2.12%	28,648,600	2.08%
(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		563,733		3.5160  GBP
10p ordinary		Purchase		412,173		3.5053  GBP
10p ordinary		Purchase		300,000		3.4327  GBP
10p ordinary		Purchase		290,063		3.4564  GBP
10p ordinary		Purchase		226,354		3.4895  GBP
10p ordinary		Purchase		223,224		3.5084  GBP
10p ordinary		Purchase		203,687		3.4223  GBP
10p ordinary		Purchase		201,130		3.4811  GBP
10p ordinary		Purchase		198,947		3.4652  GBP
10p ordinary		Purchase		173,171		3.4736  GBP
10p ordinary		Purchase		121,981		3.4260  GBP
10p ordinary		Purchase		82,505		3.4731  GBP
10p ordinary		Purchase		81,263		3.4821  GBP
10p ordinary		Purchase		66,428		3.5086  GBP
10p ordinary		Purchase		56,055		3.4729  GBP
10p ordinary		Purchase		54,197		3.4773  GBP
10p ordinary		Purchase		39,141		3.5000  GBP
10p ordinary		Purchase		32,945		3.4691  GBP
10p ordinary		Purchase		31,160		3.4926  GBP
10p ordinary		Purchase		18,984		3.4630  GBP
10p ordinary		Purchase		14,818		3.5165  GBP
10p ordinary		Purchase		14,747		3.4932  GBP
10p ordinary		Purchase		13,047		3.4810  GBP
10p ordinary		Purchase		11,471		3.4563  GBP
10p ordinary		Purchase		9,804		3.4182  GBP
10p ordinary		Purchase		8,624		3.4993  GBP
10p ordinary		Purchase		7,675		3.5103  GBP
10p ordinary		Purchase		7,273		3.4900  GBP
10p ordinary		Purchase		7,266		3.4804  GBP
10p ordinary		Purchase		6,397		3.4947  GBP
10p ordinary		Purchase		5,513		3.5023  GBP
10p ordinary		Purchase		5,013		3.4817  GBP
10p ordinary		Purchase		4,615		3.4158  GBP
10p ordinary		Purchase		4,030		3.4700  GBP
10p ordinary		Purchase		3,911		3.4537  GBP
10p ordinary		Purchase		3,845		3.4828  GBP
10p ordinary		Purchase		3,528		3.4974  GBP
10p ordinary		Purchase		3,447		3.4519  GBP
10p ordinary		Purchase		3,310		3.4090  GBP
10p ordinary		Purchase		2,811		3.4420  GBP
10p ordinary		Purchase		2,796		3.3940  GBP
10p ordinary		Purchase		1,962		3.4760  GBP
10p ordinary		Purchase		936		3.5100  GBP
10p ordinary		Purchase		860		3.4440  GBP
10p ordinary		Purchase		400		3.4302  GBP
10p ordinary		Purchase		350		3.5120  GBP
10p ordinary		Purchase		86		3.4340  GBP
10p ordinary		Purchase		80		3.4356  GBP
10p ordinary		Purchase		67		3.4360  GBP
10p ordinary		Purchase		1		3.5149  GBP
10p ordinary		Sale		650,648		3.5092  GBP
10p ordinary		Sale		533,181		3.5059  GBP
10p ordinary		Sale		318,892		3.4878  GBP
10p ordinary		Sale		257,677		3.4098  GBP
10p ordinary		Sale		211,807		3.4228  GBP
10p ordinary		Sale		190,188		3.5161  GBP
10p ordinary		Sale		169,589		3.4984  GBP
10p ordinary		Sale		75,532		3.5160  GBP
10p ordinary		Sale		47,952		3.4989  GBP
10p ordinary		Sale		38,749		3.4959  GBP
10p ordinary		Sale		35,257		3.4888  GBP
10p ordinary		Sale		20,625		3.4666  GBP
10p ordinary		Sale		13,886		3.4492  GBP
10p ordinary		Sale		13,516		3.5063  GBP
10p ordinary		Sale		5,644		3.5084  GBP
10p ordinary		Sale		5,367		3.4435  GBP
10p ordinary		Sale		5,018		3.4370  GBP
10p ordinary		Sale		3,982		3.5140  GBP
10p ordinary		Sale		2,858		3.4211  GBP
10p ordinary		Sale		2,825		3.4760  GBP
10p ordinary		Sale		1,999		3.4089  GBP
10p ordinary		Sale		1,969		3.4987  GBP
10p ordinary		Sale		1,968		3.4342  GBP
10p ordinary		Sale		1,841		3.5000  GBP
10p ordinary		Sale		1,370		3.3940  GBP
10p ordinary		Sale		1,355		3.4320  GBP
10p ordinary		Sale		1,249		3.4340  GBP
10p ordinary		Sale		1,169		3.4260  GBP
10p ordinary		Sale		1,166		3.4939  GBP
10p ordinary		Sale		950		3.4710  GBP
10p ordinary		Sale		936		3.5100  GBP
10p ordinary		Sale		924		3.4420  GBP
10p ordinary		Sale		876		3.5170  GBP
10p ordinary		Sale		860		3.4440  GBP
10p ordinary		Sale		350		3.5120  GBP
10p ordinary		Sale		158		3.4129  GBP
10p ordinary		Sale		10		3.5149  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		400	3.4302  GBP
10p ordinary		SWAP		Decreasing Long		9,804	3.4182  GBP
10p ordinary		SWAP		Decreasing Long		11,492	3.5060  GBP
10p ordinary		SWAP		Decreasing Long		14,818	3.5165  GBP
10p ordinary		SWAP		Decreasing Long		54,936	3.5092  GBP
10p ordinary		SWAP		Decreasing Short		1	3.4700  GBP
10p ordinary		CFD		Decreasing Short		449	3.5159  GBP
10p ordinary		SWAP		Decreasing Short		2,858	3.4211  GBP
10p ordinary		SWAP		Decreasing Short		5,018	3.4370  GBP
10p ordinary		SWAP		Decreasing Short		14,457	3.5160  GBP
10p ordinary		SWAP		Decreasing Short		32,529	3.5144  GBP
10p ordinary		CFD		Decreasing Short		35,490	3.5160  GBP
10p ordinary		SWAP		Decreasing Short		48,695	3.5060  GBP
10p ordinary		SWAP		Decreasing Short		64,296	3.5084  GBP
10p ordinary		SWAP		Decreasing Short		318,892	3.4878  GBP
10p ordinary		SWAP		Increasing Long		38,749	3.4959  GBP
10p ordinary		SWAP		Increasing Short		2	3.4340  GBP
10p ordinary		SWAP		Increasing Short		946	3.4420  GBP
10p ordinary		SWAP		Increasing Short		1,426	3.3940  GBP
10p ordinary		SWAP		Increasing Short		2,811	3.4420  GBP
10p ordinary		SWAP		Increasing Short		2,965	3.4575  GBP
10p ordinary		SWAP		Increasing Short		3,447	3.4519  GBP
10p ordinary		SWAP		Increasing Short		4,030	3.4700  GBP
10p ordinary		CFD		Increasing Short		7,203	3.5160  GBP
10p ordinary		SWAP		Increasing Short		17,644	3.4798  GBP
10p ordinary		CFD		Increasing Short		33,227	3.5159  GBP
10p ordinary		SWAP		Increasing Short		36,866	3.4213  GBP
10p ordinary		SWAP		Increasing Short		44,452	3.4327  GBP
10p ordinary		SWAP		Increasing Short		66,214	3.4567  GBP
10p ordinary		SWAP		Increasing Short		71,324	3.4682  GBP
10p ordinary		SWAP		Increasing Short		120,812	3.4261  GBP
10p ordinary		CFD		Increasing Short		147,128	3.4968  GBP
10p ordinary		CFD		Increasing Short		167,485	3.4951  GBP
10p ordinary		SWAP		Increasing Short		177,854	3.4568  GBP
10p ordinary		SWAP		Increasing Short		201,130	3.4811  GBP
10p ordinary		SWAP		Increasing Short		223,224	3.5084  GBP
10p ordinary		SWAP		Increasing Short		255,548	3.4327  GBP
10p ordinary		SWAP		Opening Long		80,463	3.4698  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:				30 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END