Form 8.3 - Smith (DS) plc

Barclays PLC

04 June 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:				03 Jun 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:			30,120,213	2.18%	24,705,565	1.79%
(2)	Cash-settled derivatives:
	and/or controlled:			7,827,601	0.57%	29,008,988	2.10%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			37,947,814	2.75%	53,714,553	3.89%
(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		491,972		3.8243  GBP
10p ordinary		Purchase		436,926		3.8240  GBP
10p ordinary		Purchase		309,649		3.8263  GBP
10p ordinary		Purchase		70,300		3.8234  GBP
10p ordinary		Purchase		37,861		3.8343  GBP
10p ordinary		Purchase		30,578		3.8378  GBP
10p ordinary		Purchase		15,890		3.8500  GBP
10p ordinary		Purchase		13,341		3.8348  GBP
10p ordinary		Purchase		11,775		3.8406  GBP
10p ordinary		Purchase		7,370		3.8290  GBP
10p ordinary		Purchase		6,031		3.8448  GBP
10p ordinary		Purchase		5,384		3.8449  GBP
10p ordinary		Purchase		3,396		3.8480  GBP
10p ordinary		Purchase		3,143		3.8536  GBP
10p ordinary		Purchase		3,086		3.8486  GBP
10p ordinary		Purchase		2,594		3.8423  GBP
10p ordinary		Purchase		2,414		3.8458  GBP
10p ordinary		Purchase		1,730		3.8258  GBP
10p ordinary		Purchase		1,511		3.8860  GBP
10p ordinary		Purchase		1,327		3.8160  GBP
10p ordinary		Purchase		1,135		3.8344  GBP
10p ordinary		Purchase		992		3.8494  GBP
10p ordinary		Purchase		957		3.8382  GBP
10p ordinary		Purchase		928		3.8399  GBP
10p ordinary		Purchase		761		3.8000  GBP
10p ordinary		Purchase		750		3.8478  GBP
10p ordinary		Purchase		671		3.8320  GBP
10p ordinary		Purchase		602		3.8483  GBP
10p ordinary		Purchase		449		3.8427  GBP
10p ordinary		Purchase		288		3.8210  GBP
10p ordinary		Purchase		119		3.8241  GBP
10p ordinary		Purchase		11		3.8456  GBP
10p ordinary		Purchase		9		3.8229  GBP
10p ordinary		Purchase		3		3.8360  GBP
10p ordinary		Purchase		1		3.8336  GBP
10p ordinary		Sale		5,700,075		3.8860  GBP
10p ordinary		Sale		418,972		3.8240  GBP
10p ordinary		Sale		124,498		3.8285  GBP
10p ordinary		Sale		103,880		3.8279  GBP
10p ordinary		Sale		74,874		3.8376  GBP
10p ordinary		Sale		50,836		3.8480  GBP
10p ordinary		Sale		44,697		3.8040  GBP
10p ordinary		Sale		36,278		3.8348  GBP
10p ordinary		Sale		35,329		3.8386  GBP
10p ordinary		Sale		16,863		3.8383  GBP
10p ordinary		Sale		13,701		3.8311  GBP
10p ordinary		Sale		9,526		3.8278  GBP
10p ordinary		Sale		5,702		3.8351  GBP
10p ordinary		Sale		5,685		3.8416  GBP
10p ordinary		Sale		4,607		3.8500  GBP
10p ordinary		Sale		3,680		3.8088  GBP
10p ordinary		Sale		3,505		3.8478  GBP
10p ordinary		Sale		2,868		3.8380  GBP
10p ordinary		Sale		2,294		3.8368  GBP
10p ordinary		Sale		2,189		3.8540  GBP
10p ordinary		Sale		1,727		3.8308  GBP
10p ordinary		Sale		1,603		3.8350  GBP
10p ordinary		Sale		761		3.8000  GBP
10p ordinary		Sale		5		3.8200  GBP
10p ordinary		Sale		5		3.8360  GBP
10p ordinary		Sale		1		3.8340  GBP
10p ordinary		Sale		57,015		3.8229  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		1	3.8363  GBP
10p ordinary		SWAP		Decreasing Long		119	3.8240  GBP
10p ordinary		SWAP		Decreasing Long		288	3.8210  GBP
10p ordinary		SWAP		Decreasing Long		449	3.8427  GBP
10p ordinary		SWAP		Decreasing Long		602	3.8483  GBP
10p ordinary		SWAP		Decreasing Long		928	3.8399  GBP
10p ordinary		SWAP		Decreasing Long		957	3.8382  GBP
10p ordinary		SWAP		Decreasing Long		1,135	3.8344  GBP
10p ordinary		SWAP		Decreasing Long		1,761	3.8480  GBP
10p ordinary		CFD		Decreasing Short		34	3.8502  GBP
10p ordinary		SWAP		Decreasing Short		194	3.8860  GBP
10p ordinary		CFD		Decreasing Short		569	3.8200  GBP
10p ordinary		CFD		Decreasing Short		1,511	3.8860  GBP
10p ordinary		CFD		Decreasing Short		1,663	3.8194  GBP
10p ordinary		SWAP		Decreasing Short		2,704	3.8240  GBP
10p ordinary		CFD		Decreasing Short		2,930	3.8240  GBP
10p ordinary		SWAP		Decreasing Short		3,505	3.8478  GBP
10p ordinary		CFD		Decreasing Short		4,762	3.8454  GBP
10p ordinary		SWAP		Decreasing Short		5,685	3.8416  GBP
10p ordinary		SWAP		Decreasing Short		36,278	3.8348  GBP
10p ordinary		SWAP		Decreasing Short		44,697	3.8040  GBP
10p ordinary		SWAP		Decreasing Short		74,874	3.8376  GBP
10p ordinary		SWAP		Increasing Long		1,162	3.8233  GBP
10p ordinary		SWAP		Increasing Long		1,727	3.8308  GBP
10p ordinary		SWAP		Increasing Long		35,329	3.8386  GBP
10p ordinary		CFD		Increasing Short		569	3.8200  GBP
10p ordinary		SWAP		Increasing Short		992	3.8494  GBP
10p ordinary		CFD		Increasing Short		2,930	3.8240  GBP
10p ordinary		SWAP		Increasing Short		5,384	3.8449  GBP
10p ordinary		SWAP		Increasing Short		11,775	3.8406  GBP
10p ordinary		SWAP		Increasing Short		12,785	3.8373  GBP
10p ordinary		SWAP		Increasing Short		30,386	3.8240  GBP
10p ordinary		SWAP		Increasing Short		37,861	3.8343  GBP
10p ordinary		SWAP		Increasing Short		44,577	3.8240  GBP
10p ordinary		CFD		Increasing Short		124,716	3.8243  GBP
10p ordinary		CFD		Increasing Short		269,111	3.8239  GBP
10p ordinary		SWAP		Opening Short		237,000	3.8312  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:				04 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END