Form 8.3 - Smith (DS) plc

Barclays PLC

23 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:				22 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:			27,096,755	1.96%	19,673,876	1.43%
(2)	Cash-settled derivatives:
	and/or controlled:			8,475,804	0.61%	25,735,000	1.87%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			35,572,559	2.58%	45,408,876	3.29%
(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		547,562		3.7680  GBP
10p ordinary		Purchase		450,000		3.7343  GBP
10p ordinary		Purchase		344,803		3.7585  GBP
10p ordinary		Purchase		144,781		3.7355  GBP
10p ordinary		Purchase		129,918		3.7060  GBP
10p ordinary		Purchase		126,175		3.7080  GBP
10p ordinary		Purchase		125,000		3.7085  GBP
10p ordinary		Purchase		125,000		3.7087  GBP
10p ordinary		Purchase		125,000		3.6927  GBP
10p ordinary		Purchase		125,000		3.6928  GBP
10p ordinary		Purchase		125,000		3.7119  GBP
10p ordinary		Purchase		125,000		3.6963  GBP
10p ordinary		Purchase		125,000		3.7100  GBP
10p ordinary		Purchase		84,312		3.7109  GBP
10p ordinary		Purchase		70,973		3.6884  GBP
10p ordinary		Purchase		65,564		3.7466  GBP
10p ordinary		Purchase		43,185		3.7360  GBP
10p ordinary		Purchase		28,755		3.7357  GBP
10p ordinary		Purchase		24,771		3.7241  GBP
10p ordinary		Purchase		23,259		3.7361  GBP
10p ordinary		Purchase		20,117		3.7312  GBP
10p ordinary		Purchase		19,275		3.7370  GBP
10p ordinary		Purchase		19,071		3.6944  GBP
10p ordinary		Purchase		18,699		3.7368  GBP
10p ordinary		Purchase		17,800		3.7341  GBP
10p ordinary		Purchase		16,869		3.7464  GBP
10p ordinary		Purchase		12,070		3.6733  GBP
10p ordinary		Purchase		11,326		3.7383  GBP
10p ordinary		Purchase		8,325		3.7261  GBP
10p ordinary		Purchase		6,075		3.7338  GBP
10p ordinary		Purchase		5,799		3.6871  GBP
10p ordinary		Purchase		5,294		3.6899  GBP
10p ordinary		Purchase		3,867		3.7253  GBP
10p ordinary		Purchase		3,484		3.7400  GBP
10p ordinary		Purchase		2,442		3.6814  GBP
10p ordinary		Purchase		1,513		3.6900  GBP
10p ordinary		Purchase		1,483		3.6904  GBP
10p ordinary		Purchase		1,085		3.7440  GBP
10p ordinary		Purchase		905		3.7449  GBP
10p ordinary		Purchase		780		3.6740  GBP
10p ordinary		Purchase		771		3.6660  GBP
10p ordinary		Purchase		762		3.7180  GBP
10p ordinary		Purchase		725		3.6400  GBP
10p ordinary		Purchase		601		3.7040  GBP
10p ordinary		Purchase		485		3.6960  GBP
10p ordinary		Purchase		400		3.7510  GBP
10p ordinary		Purchase		301		3.7320  GBP
10p ordinary		Purchase		1		3.7669  GBP
10p ordinary		Sale		1,963,795		3.7648  GBP
10p ordinary		Sale		589,838		3.7291  GBP
10p ordinary		Sale		315,661		3.7063  GBP
10p ordinary		Sale		306,027		3.7015  GBP
10p ordinary		Sale		239,045		3.7375  GBP
10p ordinary		Sale		236,559		3.7078  GBP
10p ordinary		Sale		232,638		3.7677  GBP
10p ordinary		Sale		232,369		3.6460  GBP
10p ordinary		Sale		129,639		3.7293  GBP
10p ordinary		Sale		108,020		3.7680  GBP
10p ordinary		Sale		88,807		3.7401  GBP
10p ordinary		Sale		87,317		3.7382  GBP
10p ordinary		Sale		86,465		3.6965  GBP
10p ordinary		Sale		81,422		3.7359  GBP
10p ordinary		Sale		74,976		3.7119  GBP
10p ordinary		Sale		43,778		3.7286  GBP
10p ordinary		Sale		42,772		3.7273  GBP
10p ordinary		Sale		27,190		3.7239  GBP
10p ordinary		Sale		14,040		3.6994  GBP
10p ordinary		Sale		12,651		3.6952  GBP
10p ordinary		Sale		11,379		3.7068  GBP
10p ordinary		Sale		8,626		3.6960  GBP
10p ordinary		Sale		7,342		3.6976  GBP
10p ordinary		Sale		7,284		3.7396  GBP
10p ordinary		Sale		4,792		3.7175  GBP
10p ordinary		Sale		4,155		3.6980  GBP
10p ordinary		Sale		3,998		3.6892  GBP
10p ordinary		Sale		3,514		3.7115  GBP
10p ordinary		Sale		3,225		3.7200  GBP
10p ordinary		Sale		3,188		3.6920  GBP
10p ordinary		Sale		2,507		3.6702  GBP
10p ordinary		Sale		2,371		3.6808  GBP
10p ordinary		Sale		2,069		3.7080  GBP
10p ordinary		Sale		1,513		3.6900  GBP
10p ordinary		Sale		1,369		3.7400  GBP
10p ordinary		Sale		1,020		3.6500  GBP
10p ordinary		Sale		787		3.6701  GBP
10p ordinary		Sale		780		3.6740  GBP
10p ordinary		Sale		771		3.6660  GBP
10p ordinary		Sale		763		3.7380  GBP
10p ordinary		Sale		762		3.7180  GBP
10p ordinary		Sale		754		3.7100  GBP
10p ordinary		Sale		725		3.6400  GBP
10p ordinary		Sale		722		3.7440  GBP
10p ordinary		Sale		601		3.7040  GBP
10p ordinary		Sale		446		3.7395  GBP
10p ordinary		Sale		48		3.7669  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		363	3.7440  GBP
10p ordinary		SWAP		Decreasing Short		712	3.7537  GBP
10p ordinary		SWAP		Decreasing Short		1,426	3.7510  GBP
10p ordinary		SWAP		Decreasing Short		2,371	3.6808  GBP
10p ordinary		SWAP		Decreasing Short		3,998	3.6892  GBP
10p ordinary		CFD		Decreasing Short		10,256	3.7374  GBP
10p ordinary		SWAP		Decreasing Short		50,127	3.7386  GBP
10p ordinary		CFD		Decreasing Short		60,484	3.7676  GBP
10p ordinary		SWAP		Decreasing Short		64,742	3.7328  GBP
10p ordinary		SWAP		Decreasing Short		87,317	3.7382  GBP
10p ordinary		SWAP		Decreasing Short		88,807	3.7400  GBP
10p ordinary		CFD		Decreasing Short		94,719	3.7680  GBP
10p ordinary		SWAP		Decreasing Short		232,025	3.7498  GBP
10p ordinary		SWAP		Decreasing Short		589,838	3.7291  GBP
10p ordinary		SWAP		Decreasing Short		604,712	3.7680  GBP
10p ordinary		SWAP		Decreasing Short		613,148	3.7680  GBP
10p ordinary		SWAP		Increasing Long		81,422	3.7359  GBP
10p ordinary		SWAP		Increasing Long		232,369	3.6460  GBP
10p ordinary		SWAP		Increasing Short		301	3.7320  GBP
10p ordinary		SWAP		Increasing Short		389	3.6400  GBP
10p ordinary		CFD		Increasing Short		394	3.7680  GBP
10p ordinary		SWAP		Increasing Short		400	3.7510  GBP
10p ordinary		CFD		Increasing Short		725	3.6400  GBP
10p ordinary		SWAP		Increasing Short		905	3.7449  GBP
10p ordinary		SWAP		Increasing Short		4,190	3.7680  GBP
10p ordinary		SWAP		Increasing Short		4,631	3.6812  GBP
10p ordinary		SWAP		Increasing Short		8,904	3.6903  GBP
10p ordinary		SWAP		Increasing Short		16,869	3.7464  GBP
10p ordinary		SWAP		Increasing Short		19,071	3.6944  GBP
10p ordinary		SWAP		Increasing Short		21,288	3.6884  GBP
10p ordinary		SWAP		Increasing Short		49,685	3.6884  GBP
10p ordinary		SWAP		Increasing Short		63,648	3.7337  GBP
10p ordinary		SWAP		Increasing Short		65,564	3.7466  GBP
10p ordinary		SWAP		Increasing Short		84,312	3.7109  GBP
10p ordinary		SWAP		Increasing Short		135,000	3.7343  GBP
10p ordinary		SWAP		Increasing Short		149,827	3.7356  GBP
10p ordinary		SWAP		Increasing Short		315,000	3.7343  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:				23 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END