Form 8.3 - Smith (DS) plc

Barclays PLC

21 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:				20 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:			33,448,279	2.42%	29,446,944	2.13%
(2)	Cash-settled derivatives:
	and/or controlled:			11,740,076	0.85%	33,549,925	2.43%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			45,188,355	3.27%	62,996,869	4.56%
(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		228,329		4.7020  GBP
10p ordinary		Purchase		110,721		4.6939  GBP
10p ordinary		Purchase		41,218		4.6831  GBP
10p ordinary		Purchase		40,249		4.6777  GBP
10p ordinary		Purchase		37,679		4.6977  GBP
10p ordinary		Purchase		33,795		4.6857  GBP
10p ordinary		Purchase		18,837		4.6800  GBP
10p ordinary		Purchase		15,222		4.7015  GBP
10p ordinary		Purchase		12,628		4.7017  GBP
10p ordinary		Purchase		10,580		4.6796  GBP
10p ordinary		Purchase		10,375		4.6858  GBP
10p ordinary		Purchase		6,165		4.6912  GBP
10p ordinary		Purchase		6,032		4.6728  GBP
10p ordinary		Purchase		5,115		4.6795  GBP
10p ordinary		Purchase		3,490		4.6737  GBP
10p ordinary		Purchase		2,350		4.6731  GBP
10p ordinary		Purchase		1,487		4.6520  GBP
10p ordinary		Purchase		827		4.6900  GBP
10p ordinary		Purchase		746		4.6888  GBP
10p ordinary		Purchase		663		4.6860  GBP
10p ordinary		Purchase		644		4.6820  GBP
10p ordinary		Purchase		603		4.6920  GBP
10p ordinary		Purchase		544		4.6772  GBP
10p ordinary		Purchase		411		4.6594  GBP
10p ordinary		Purchase		305		4.6894  GBP
10p ordinary		Purchase		262		4.6600  GBP
10p ordinary		Sale		284,715		4.7013  GBP
10p ordinary		Sale		72,335		4.6787  GBP
10p ordinary		Sale		45,766		4.6762  GBP
10p ordinary		Sale		44,864		4.6987  GBP
10p ordinary		Sale		43,005		4.6960  GBP
10p ordinary		Sale		24,218		4.6816  GBP
10p ordinary		Sale		23,819		4.7014  GBP
10p ordinary		Sale		19,131		4.6857  GBP
10p ordinary		Sale		16,001		4.6946  GBP
10p ordinary		Sale		14,944		4.6919  GBP
10p ordinary		Sale		13,754		4.6927  GBP
10p ordinary		Sale		7,544		4.6763  GBP
10p ordinary		Sale		7,085		4.7020  GBP
10p ordinary		Sale		6,825		4.7022  GBP
10p ordinary		Sale		6,801		4.6654  GBP
10p ordinary		Sale		6,111		4.6836  GBP
10p ordinary		Sale		5,816		4.6615  GBP
10p ordinary		Sale		5,631		4.6783  GBP
10p ordinary		Sale		4,961		4.6937  GBP
10p ordinary		Sale		4,656		4.6936  GBP
10p ordinary		Sale		1,487		4.6520  GBP
10p ordinary		Sale		1,206		4.6920  GBP
10p ordinary		Sale		1,182		4.6640  GBP
10p ordinary		Sale		1,051		4.6895  GBP
10p ordinary		Sale		701		4.6900  GBP
10p ordinary		Sale		673		4.6804  GBP
10p ordinary		Sale		411		4.6600  GBP
10p ordinary		Sale		13		4.6620  GBP
10p ordinary		Sale		13		4.6932  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		11,439	4.6903  GBP
10p ordinary		CFD		Decreasing Short		13	4.6930  GBP
10p ordinary		CFD		Decreasing Short		132	4.7019  GBP
10p ordinary		CFD		Increasing Short		1,487	4.6519  GBP
10p ordinary		CFD		Increasing Short		3,840	4.6951  GBP
10p ordinary		CFD		Increasing Short		132	4.7019  GBP
10p ordinary		CFD		Increasing Short		111,330	4.7020  GBP
10p ordinary		SWAP		Decreasing Long		110,721	4.6939  GBP
10p ordinary		SWAP		Decreasing Long		37,679	4.6977  GBP
10p ordinary		SWAP		Decreasing Short		5,816	4.6615  GBP
10p ordinary		SWAP		Decreasing Short		45,766	4.6762  GBP
10p ordinary		SWAP		Decreasing Short		21,109	4.6919  GBP
10p ordinary		SWAP		Decreasing Short		159,686	4.7020  GBP
10p ordinary		SWAP		Increasing Short		1,363	4.6520  GBP
10p ordinary		SWAP		Increasing Short		610	4.6560  GBP
10p ordinary		SWAP		Increasing Short		262	4.6600  GBP
10p ordinary		SWAP		Increasing Short		2,350	4.6731  GBP
10p ordinary		SWAP		Increasing Short		10,375	4.6858  GBP
10p ordinary		SWAP		Increasing Short		18,539	4.6994  GBP
10p ordinary		SWAP		Increasing Short		2,902	4.7020  GBP
10p ordinary		SWAP		Closing Short		23,819	4.7014  GBP
10p ordinary		SWAP		Decreasing Short		24,218	4.6816  GBP
10p ordinary		SWAP		Decreasing Short		13,754	4.6927  GBP
10p ordinary		SWAP		Decreasing Short		12,940	4.6945  GBP
10p ordinary		SWAP		Decreasing Short		69,941	4.7020  GBP
10p ordinary		SWAP		Increasing Short		3,490	4.6737  GBP
10p ordinary		SWAP		Increasing Short		1,112	4.6860  GBP
10p ordinary		SWAP		Increasing Short		2,902	4.7020  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:				21 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END