Form 8.3 - Smith (DS) plc

Barclays PLC

23 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  relevant securities this form relates:			DS SMITH PLC
(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 Aug 2024
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			YES:  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:				33,288,803	2.41%	28,735,957	2.08%
(2) Cash-settled derivatives:				11,129,049	0.81%	33,347,083	2.42%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,417,852	3.22%	62,083,040	4.50%
(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 PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
10p ordinary	Purchase	599,777	4.7200  GBP
10p ordinary	Purchase	68,676	4.7101  GBP
10p ordinary	Purchase	65,541	4.7092  GBP
10p ordinary	Purchase	37,465	4.7105  GBP
10p ordinary	Purchase	34,696	4.7115  GBP
10p ordinary	Purchase	29,380	4.7140  GBP
10p ordinary	Purchase	29,100	4.7081  GBP
10p ordinary	Purchase	21,216	4.7098  GBP
10p ordinary	Purchase	18,481	4.7129  GBP
10p ordinary	Purchase	15,645	4.7073  GBP
10p ordinary	Purchase	11,159	4.7137  GBP
10p ordinary	Purchase	10,415	4.7030  GBP
10p ordinary	Purchase	5,930	4.7124  GBP
10p ordinary	Purchase	5,506	4.6914  GBP
10p ordinary	Purchase	5,297	4.6924  GBP
10p ordinary	Purchase	5,200	4.7100  GBP
10p ordinary	Purchase	4,765	4.6940  GBP
10p ordinary	Purchase	4,436	4.7044  GBP
10p ordinary	Purchase	4,098	4.7076  GBP
10p ordinary	Purchase	3,488	4.7207  GBP
10p ordinary	Purchase	3,192	4.7120  GBP
10p ordinary	Purchase	2,794	4.7032  GBP
10p ordinary	Purchase	2,756	4.7012  GBP
10p ordinary	Purchase	2,630	4.7062  GBP
10p ordinary	Purchase	2,125	4.7232  GBP
10p ordinary	Purchase	1,953	4.6933  GBP
10p ordinary	Purchase	1,918	4.7123  GBP
10p ordinary	Purchase	1,761	4.7104  GBP
10p ordinary	Purchase	1,452	4.6931  GBP
10p ordinary	Purchase	1,293	4.7039  GBP
10p ordinary	Purchase	862	4.7180  GBP
10p ordinary	Purchase	843	4.6960  GBP
10p ordinary	Purchase	664	4.6980  GBP
10p ordinary	Purchase	598	4.7020  GBP
10p ordinary	Purchase	430	4.7160  GBP
10p ordinary	Purchase	158	4.7147  GBP
10p ordinary	Purchase	31	4.7135  GBP
10p ordinary	Sale	169,542	4.7140  GBP
10p ordinary	Sale	55,606	4.7012  GBP
10p ordinary	Sale	30,187	4.7112  GBP
10p ordinary	Sale	17,199	4.6956  GBP
10p ordinary	Sale	10,138	4.7094  GBP
10p ordinary	Sale	7,438	4.7082  GBP
10p ordinary	Sale	5,408	4.7038  GBP
10p ordinary	Sale	5,297	4.6930  GBP
10p ordinary	Sale	4,649	4.7142  GBP
10p ordinary	Sale	4,288	4.7173  GBP
10p ordinary	Sale	3,290	4.6910  GBP
10p ordinary	Sale	1,387	4.6925  GBP
10p ordinary	Sale	1,154	4.6959  GBP
10p ordinary	Sale	430	4.7160  GBP
10p ordinary	Sale	91	4.7141  GBP
10p ordinary	Sale	65	4.7184  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Opening Short	21,094	4.7080  GBP
10p ordinary	CFD	Decreasing Short	218	4.7140  GBP
10p ordinary	CFD	Increasing Short	30,000	4.7121  GBP
10p ordinary	CFD	Increasing Short	218	4.7140  GBP
10p ordinary	CFD	Increasing Short	430	4.7160  GBP
10p ordinary	CFD	Increasing Short	13,767	4.7198  GBP
10p ordinary	SWAP	Decreasing Long	599,112	4.7200  GBP
10p ordinary	SWAP	Decreasing Short	55,606	4.7012  GBP
10p ordinary	SWAP	Decreasing Short	10,138	4.7094  GBP
10p ordinary	SWAP	Decreasing Short	94,835	4.7140  GBP
10p ordinary	SWAP	Decreasing Short	4,288	4.7173  GBP
10p ordinary	SWAP	Increasing Short	13,108	4.7083  GBP
10p ordinary	SWAP	Increasing Short	68,676	4.7101  GBP
10p ordinary	SWAP	Increasing Short	1,761	4.7104  GBP
10p ordinary	SWAP	Increasing Short	2,899	4.7140  GBP
10p ordinary	SWAP	Increasing Short	375	4.7340  GBP
10p ordinary	SWAP	Increasing Short	29,100	4.7081  GBP
10p ordinary	SWAP	Decreasing Short	1,154	4.6960  GBP
10p ordinary	SWAP	Decreasing Short	49,212	4.7140  GBP
10p ordinary	SWAP	Increasing Short	8,320	4.7080  GBP
10p ordinary	SWAP	Increasing Short	37,465	4.7105  GBP
10p ordinary	SWAP	Increasing Short	2,899	4.7140  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  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 person 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 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END