Form 8.3 - Smith (DS) plc

Barclays PLC

01 May 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:				30 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:			21,995,307	1.59%	7,890,671	0.57%
(2)	Cash-settled derivatives:
	and/or controlled:			8,619,322	0.62%	21,519,339	1.56%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			30,614,629	2.22%	29,410,010	2.13%
(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		503,512		3.5113  GBP
10p ordinary		Purchase		372,271		3.5160  GBP
10p ordinary		Purchase		216,192		3.5065  GBP
10p ordinary		Purchase		200,748		3.5040  GBP
10p ordinary		Purchase		175,487		3.5197  GBP
10p ordinary		Purchase		125,112		3.5124  GBP
10p ordinary		Purchase		66,671		3.5182  GBP
10p ordinary		Purchase		62,998		3.5226  GBP
10p ordinary		Purchase		54,071		3.5166  GBP
10p ordinary		Purchase		46,594		3.5152  GBP
10p ordinary		Purchase		38,460		3.5154  GBP
10p ordinary		Purchase		32,700		3.5222  GBP
10p ordinary		Purchase		30,165		3.5162  GBP
10p ordinary		Purchase		29,348		3.5143  GBP
10p ordinary		Purchase		28,537		3.5145  GBP
10p ordinary		Purchase		25,148		3.5186  GBP
10p ordinary		Purchase		23,882		3.5179  GBP
10p ordinary		Purchase		22,385		3.5171  GBP
10p ordinary		Purchase		16,323		3.5170  GBP
10p ordinary		Purchase		15,751		3.5217  GBP
10p ordinary		Purchase		13,859		3.5106  GBP
10p ordinary		Purchase		11,679		3.5129  GBP
10p ordinary		Purchase		8,126		3.5138  GBP
10p ordinary		Purchase		7,191		3.5240  GBP
10p ordinary		Purchase		7,034		3.5121  GBP
10p ordinary		Purchase		6,378		3.5110  GBP
10p ordinary		Purchase		5,948		3.5181  GBP
10p ordinary		Purchase		5,447		3.5175  GBP
10p ordinary		Purchase		4,389		3.5126  GBP
10p ordinary		Purchase		4,380		3.5228  GBP
10p ordinary		Purchase		4,172		3.5193  GBP
10p ordinary		Purchase		4,106		3.5117  GBP
10p ordinary		Purchase		3,684		3.5140  GBP
10p ordinary		Purchase		3,366		3.5136  GBP
10p ordinary		Purchase		1,489		3.5289  GBP
10p ordinary		Purchase		1,200		3.5200  GBP
10p ordinary		Purchase		1,117		3.5131  GBP
10p ordinary		Purchase		791		3.5300  GBP
10p ordinary		Purchase		698		3.5280  GBP
10p ordinary		Purchase		476		3.5380  GBP
10p ordinary		Purchase		153		3.5030  GBP
10p ordinary		Sale		355,034		3.5211  GBP
10p ordinary		Sale		229,272		3.5132  GBP
10p ordinary		Sale		158,204		3.5040  GBP
10p ordinary		Sale		138,672		3.5165  GBP
10p ordinary		Sale		105,109		3.5159  GBP
10p ordinary		Sale		103,904		3.5041  GBP
10p ordinary		Sale		76,519		3.5128  GBP
10p ordinary		Sale		49,789		3.5045  GBP
10p ordinary		Sale		45,129		3.5075  GBP
10p ordinary		Sale		34,914		3.5082  GBP
10p ordinary		Sale		27,300		3.5124  GBP
10p ordinary		Sale		25,115		3.5230  GBP
10p ordinary		Sale		21,781		3.5179  GBP
10p ordinary		Sale		21,264		3.5180  GBP
10p ordinary		Sale		15,052		3.5168  GBP
10p ordinary		Sale		13,752		3.5289  GBP
10p ordinary		Sale		10,902		3.5268  GBP
10p ordinary		Sale		9,161		3.5196  GBP
10p ordinary		Sale		8,050		3.5184  GBP
10p ordinary		Sale		7,984		3.5153  GBP
10p ordinary		Sale		5,798		3.5176  GBP
10p ordinary		Sale		5,601		3.5140  GBP
10p ordinary		Sale		4,777		3.5192  GBP
10p ordinary		Sale		4,446		3.5150  GBP
10p ordinary		Sale		4,200		3.5158  GBP
10p ordinary		Sale		3,088		3.5187  GBP
10p ordinary		Sale		2,787		3.5143  GBP
10p ordinary		Sale		2,728		3.5221  GBP
10p ordinary		Sale		2,613		3.5185  GBP
10p ordinary		Sale		1,988		3.5047  GBP
10p ordinary		Sale		1,677		3.5280  GBP
10p ordinary		Sale		1,600		3.5080  GBP
10p ordinary		Sale		1,386		3.5130  GBP
10p ordinary		Sale		1,373		3.5142  GBP
10p ordinary		Sale		1,200		3.5170  GBP
10p ordinary		Sale		1,004		3.5120  GBP
10p ordinary		Sale		791		3.5300  GBP
10p ordinary		Sale		578		3.5144  GBP
10p ordinary		Sale		361		3.5190  GBP
10p ordinary		Sale		270		3.5380  GBP
10p ordinary		Sale		218		3.5200  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 Long		15,751	3.5217  GBP
10p ordinary		SWAP		Closing Long		20,078	3.5145  GBP
10p ordinary		SWAP		Decreasing Long		3,784	3.5156  GBP
10p ordinary		SWAP		Decreasing Long		20,098	3.5184  GBP
10p ordinary		SWAP		Decreasing Long		25,148	3.5186  GBP
10p ordinary		CFD		Decreasing Short		325	3.5380  GBP
10p ordinary		CFD		Decreasing Short		422	3.5096  GBP
10p ordinary		SWAP		Decreasing Short		578	3.5144  GBP
10p ordinary		SWAP		Decreasing Short		807	3.5160  GBP
10p ordinary		CFD		Decreasing Short		1,718	3.5039  GBP
10p ordinary		SWAP		Decreasing Short		2,613	3.5185  GBP
10p ordinary		CFD		Decreasing Short		3,531	3.5135  GBP
10p ordinary		SWAP		Decreasing Short		15,649	3.5192  GBP
10p ordinary		SWAP		Decreasing Short		18,159	3.5174  GBP
10p ordinary		SWAP		Decreasing Short		25,115	3.5231  GBP
10p ordinary		CFD		Decreasing Short		50,000	3.5117  GBP
10p ordinary		SWAP		Decreasing Short		104,980	3.5171  GBP
10p ordinary		CFD		Decreasing Short		106,865	3.5173  GBP
10p ordinary		CFD		Decreasing Short		108,263	3.5040  GBP
10p ordinary		SWAP		Decreasing Short		355,034	3.5211  GBP
10p ordinary		SWAP		Increasing Long		5,798	3.5176  GBP
10p ordinary		CFD		Increasing Short		55	3.5380  GBP
10p ordinary		CFD		Increasing Short		144	3.5040  GBP
10p ordinary		CFD		Increasing Short		2,976	3.5043  GBP
10p ordinary		CFD		Increasing Short		3,885	3.5190  GBP
10p ordinary		SWAP		Increasing Short		4,172	3.5193  GBP
10p ordinary		SWAP		Increasing Short		4,380	3.5228  GBP
10p ordinary		SWAP		Increasing Short		5,477	3.5201  GBP
10p ordinary		SWAP		Increasing Short		5,948	3.5181  GBP
10p ordinary		SWAP		Increasing Short		31,405	3.5195  GBP
10p ordinary		CFD		Increasing Short		31,876	3.5039  GBP
10p ordinary		SWAP		Increasing Short		48,944	3.5040  GBP
10p ordinary		SWAP		Increasing Short		56,049	3.5157  GBP
10p ordinary		SWAP		Increasing Short		62,998	3.5226  GBP
10p ordinary		SWAP		Increasing Short		98,308	3.5040  GBP
10p ordinary		SWAP		Increasing Short		100,817	3.5059  GBP
10p ordinary		SWAP		Increasing Short		119,786	3.5178  GBP
10p ordinary		SWAP		Increasing Short		125,112	3.5124  GBP
10p ordinary		SWAP		Increasing Short		128,840	3.5160  GBP
10p ordinary		SWAP		Increasing Short		174,708	3.5197  GBP
10p ordinary		CFD		Increasing Short		186,047	3.5214  GBP
10p ordinary		SWAP		Increasing Short		243,431	3.5160  GBP
10p ordinary		SWAP		Opening Long		78,201	3.5125  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:				01 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END