Form 8.3 - Smith (DS) plc

Barclays PLC

02 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:				01 May 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:			21,980,171	1.59%	7,919,087	0.57%
(2)	Cash-settled derivatives:
	and/or controlled:			8,658,945	0.63%	21,496,645	1.56%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			30,639,116	2.22%	29,415,732	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		251,405		3.5420  GBP
10p ordinary		Purchase		51,212		3.4686  GBP
10p ordinary		Purchase		46,733		3.5418  GBP
10p ordinary		Purchase		38,254		3.4865  GBP
10p ordinary		Purchase		29,519		3.5090  GBP
10p ordinary		Purchase		22,156		3.5018  GBP
10p ordinary		Purchase		13,478		3.5104  GBP
10p ordinary		Purchase		10,565		3.4805  GBP
10p ordinary		Purchase		5,285		3.5232  GBP
10p ordinary		Purchase		4,051		3.4831  GBP
10p ordinary		Purchase		2,706		3.5060  GBP
10p ordinary		Purchase		823		3.5140  GBP
10p ordinary		Purchase		576		3.4983  GBP
10p ordinary		Purchase		230		3.5116  GBP
10p ordinary		Purchase		112		3.4780  GBP
10p ordinary		Purchase		100		3.5110  GBP
10p ordinary		Sale		212,145		3.5411  GBP
10p ordinary		Sale		80,982		3.5347  GBP
10p ordinary		Sale		66,524		3.5121  GBP
10p ordinary		Sale		29,818		3.5232  GBP
10p ordinary		Sale		28,714		3.5420  GBP
10p ordinary		Sale		23,264		3.5400  GBP
10p ordinary		Sale		14,094		3.5047  GBP
10p ordinary		Sale		11,627		3.4957  GBP
10p ordinary		Sale		11,458		3.5264  GBP
10p ordinary		Sale		6,361		3.5184  GBP
10p ordinary		Sale		5,823		3.5472  GBP
10p ordinary		Sale		3,903		3.4801  GBP
10p ordinary		Sale		3,456		3.5017  GBP
10p ordinary		Sale		2,938		3.5176  GBP
10p ordinary		Sale		2,607		3.4656  GBP
10p ordinary		Sale		2,552		3.5004  GBP
10p ordinary		Sale		2,365		3.5145  GBP
10p ordinary		Sale		2,230		3.4872  GBP
10p ordinary		Sale		2,108		3.5034  GBP
10p ordinary		Sale		1,716		3.5161  GBP
10p ordinary		Sale		1,673		3.5281  GBP
10p ordinary		Sale		1,524		3.5180  GBP
10p ordinary		Sale		1,141		3.5320  GBP
10p ordinary		Sale		729		3.5135  GBP
10p ordinary		Sale		576		3.4986  GBP
10p ordinary		Sale		320		3.5040  GBP
10p ordinary		Sale		112		3.4780  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	3.5110  GBP
10p ordinary		SWAP		Decreasing Long		38,254	3.4865  GBP
10p ordinary		CFD		Decreasing Short		112	3.4780  GBP
10p ordinary		CFD		Decreasing Short		234	3.5419  GBP
10p ordinary		SWAP		Decreasing Short		508	3.4980  GBP
10p ordinary		CFD		Decreasing Short		1,524	3.5176  GBP
10p ordinary		SWAP		Decreasing Short		1,673	3.5281  GBP
10p ordinary		SWAP		Decreasing Short		5,853	3.5248  GBP
10p ordinary		CFD		Decreasing Short		10,254	3.5420  GBP
10p ordinary		SWAP		Decreasing Short		11,458	3.5264  GBP
10p ordinary		CFD		Decreasing Short		20,000	3.5417  GBP
10p ordinary		CFD		Decreasing Short		20,475	3.5179  GBP
10p ordinary		SWAP		Decreasing Short		20,618	3.5243  GBP
10p ordinary		SWAP		Decreasing Short		66,524	3.5121  GBP
10p ordinary		SWAP		Decreasing Short		121,994	3.5420  GBP
10p ordinary		SWAP		Increasing Long		5,823	3.5472  GBP
10p ordinary		SWAP		Increasing Short		37	3.4780  GBP
10p ordinary		CFD		Increasing Short		234	3.5419  GBP
10p ordinary		SWAP		Increasing Short		823	3.5140  GBP
10p ordinary		SWAP		Increasing Short		2,697	3.5420  GBP
10p ordinary		SWAP		Increasing Short		5,285	3.5232  GBP
10p ordinary		SWAP		Increasing Short		10,079	3.4871  GBP
10p ordinary		SWAP		Increasing Short		10,565	3.4805  GBP
10p ordinary		SWAP		Increasing Short		18,834	3.5063  GBP
10p ordinary		SWAP		Increasing Short		29,519	3.5090  GBP
10p ordinary		SWAP		Increasing Short		51,212	3.4686  GBP
10p ordinary		CFD		Increasing Short		129,018	3.5420  GBP
10p ordinary		SWAP		Opening Long		72,154	3.5094  GBP
10p ordinary		SWAP		Opening Short		230	3.5116  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:				02 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END