Form 8.3 - Smith (DS) plc

Barclays PLC

20 August 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:				19 Aug 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:			33,678,697	2.44%	29,601,920	2.14%
(2)	Cash-settled derivatives:
	and/or controlled:			11,888,476	0.86%	33,777,864	2.45%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			45,567,173	3.30%	63,379,784	4.59%
(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		2,803,481		4.7300  GBP
10p ordinary		Purchase		700,000		4.6325  GBP
10p ordinary		Purchase		109,111		4.6561  GBP
10p ordinary		Purchase		84,195		4.6720  GBP
10p ordinary		Purchase		50,170		4.6691  GBP
10p ordinary		Purchase		48,929		4.6718  GBP
10p ordinary		Purchase		40,298		4.6529  GBP
10p ordinary		Purchase		27,959		4.6515  GBP
10p ordinary		Purchase		20,000		4.6680  GBP
10p ordinary		Purchase		18,268		4.6610  GBP
10p ordinary		Purchase		13,556		4.6421  GBP
10p ordinary		Purchase		12,987		4.6660  GBP
10p ordinary		Purchase		11,902		4.6541  GBP
10p ordinary		Purchase		6,547		4.6579  GBP
10p ordinary		Purchase		6,234		4.6347  GBP
10p ordinary		Purchase		4,189		4.6586  GBP
10p ordinary		Purchase		4,174		4.6525  GBP
10p ordinary		Purchase		3,261		4.6456  GBP
10p ordinary		Purchase		3,150		4.6370  GBP
10p ordinary		Purchase		2,639		4.6284  GBP
10p ordinary		Purchase		2,614		4.6540  GBP
10p ordinary		Purchase		2,500		4.5960  GBP
10p ordinary		Purchase		1,904		4.6307  GBP
10p ordinary		Purchase		1,882		4.6300  GBP
10p ordinary		Purchase		1,353		4.6432  GBP
10p ordinary		Purchase		1,220		4.6352  GBP
10p ordinary		Purchase		1,084		4.6380  GBP
10p ordinary		Purchase		758		4.6320  GBP
10p ordinary		Purchase		725		4.6600  GBP
10p ordinary		Purchase		442		4.6820  GBP
10p ordinary		Purchase		237		4.6260  GBP
10p ordinary		Purchase		1		4.6020  GBP
10p ordinary		Sale		200,000		4.6220  GBP
10p ordinary		Sale		79,380		4.6147  GBP
10p ordinary		Sale		71,382		4.6213  GBP
10p ordinary		Sale		66,439		4.6632  GBP
10p ordinary		Sale		64,586		4.6694  GBP
10p ordinary		Sale		62,319		4.6291  GBP
10p ordinary		Sale		59,262		4.6720  GBP
10p ordinary		Sale		44,594		4.6350  GBP
10p ordinary		Sale		42,971		4.6629  GBP
10p ordinary		Sale		33,691		4.6654  GBP
10p ordinary		Sale		31,819		4.6252  GBP
10p ordinary		Sale		20,000		4.6310  GBP
10p ordinary		Sale		19,106		4.6672  GBP
10p ordinary		Sale		18,134		4.6211  GBP
10p ordinary		Sale		18,028		4.6571  GBP
10p ordinary		Sale		16,487		4.6661  GBP
10p ordinary		Sale		16,015		4.6565  GBP
10p ordinary		Sale		14,068		4.6715  GBP
10p ordinary		Sale		11,951		4.6442  GBP
10p ordinary		Sale		11,041		4.6649  GBP
10p ordinary		Sale		7,884		4.6642  GBP
10p ordinary		Sale		7,625		4.6249  GBP
10p ordinary		Sale		7,591		4.6676  GBP
10p ordinary		Sale		5,587		4.6623  GBP
10p ordinary		Sale		5,000		4.5950  GBP
10p ordinary		Sale		4,469		4.6564  GBP
10p ordinary		Sale		3,130		4.6586  GBP
10p ordinary		Sale		3,096		4.6681  GBP
10p ordinary		Sale		2,983		4.6305  GBP
10p ordinary		Sale		2,331		4.6600  GBP
10p ordinary		Sale		2,075		4.6312  GBP
10p ordinary		Sale		1,689		4.6662  GBP
10p ordinary		Sale		1,684		4.6166  GBP
10p ordinary		Sale		1,094		4.6663  GBP
10p ordinary		Sale		1,028		4.6303  GBP
10p ordinary		Sale		840		4.6800  GBP
10p ordinary		Sale		625		4.6660  GBP
10p ordinary		Sale		580		4.6690  GBP
10p ordinary		Sale		576		4.6360  GBP
10p ordinary		Sale		518		4.6202  GBP
10p ordinary		Sale		446		4.6780  GBP
10p ordinary		Sale		442		4.6820  GBP
10p ordinary		Sale		281		4.6670  GBP
10p ordinary		Sale		1		4.6020  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		CFD		Decreasing Short		2,253	4.6575  GBP
10p ordinary		CFD		Decreasing Short		224	4.6719  GBP
10p ordinary		CFD		Decreasing Short		550	4.6720  GBP
10p ordinary		CFD		Decreasing Short		3	4.6733  GBP
10p ordinary		CFD		Increasing Short		20,000	4.6008  GBP
10p ordinary		CFD		Increasing Short		39,850	4.6719  GBP
10p ordinary		CFD		Increasing Short		550	4.6720  GBP
10p ordinary		CFD		Increasing Short		3	4.6733  GBP
10p ordinary		SWAP		Decreasing Short		1,684	4.6166  GBP
10p ordinary		SWAP		Decreasing Short		518	4.6202  GBP
10p ordinary		SWAP		Decreasing Short		2,983	4.6305  GBP
10p ordinary		SWAP		Decreasing Short		8,151	4.6720  GBP
10p ordinary		SWAP		Increasing Short		1,882	4.6300  GBP
10p ordinary		SWAP		Increasing Short		758	4.6320  GBP
10p ordinary		SWAP		Increasing Short		40,298	4.6529  GBP
10p ordinary		SWAP		Increasing Short		5,452	4.6565  GBP
10p ordinary		SWAP		Increasing Short		8,090	4.6604  GBP
10p ordinary		SWAP		Increasing Short		20,227	4.6647  GBP
10p ordinary		SWAP		Increasing Short		124	4.7300  GBP
10p ordinary		SWAP		Decreasing Short		16,487	4.6661  GBP
10p ordinary		SWAP		Increasing Short		13,556	4.6421  GBP
10p ordinary		SWAP		Opening Short		18,268	4.6610  GBP
10p ordinary		SWAP		Decreasing Short		14,068	4.6715  GBP
10p ordinary		SWAP		Decreasing Short		576	4.6360  GBP
10p ordinary		SWAP		Increasing Short		4,174	4.6525  GBP
10p ordinary		SWAP		Increasing Short		2,824	4.6595  GBP
10p ordinary		SWAP		Increasing Short		50,568	4.6618  GBP
10p ordinary		SWAP		Increasing Short		5,495	4.6720  GBP
10p ordinary		SWAP		Increasing Short		19,146	4.6380  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:				20 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END