Form 8.3 - Smith (DS) plc

Barclays PLC

28 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:			27 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:				32,580,292	2.36%	28,579,763	2.07%
(2) Cash-settled derivatives:				11,074,947	0.80%	32,697,790	2.37%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				43,655,239	3.16%	61,277,553	4.44%
(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	115,075	4.7400  GBP
10p ordinary	Purchase	82,120	4.7423  GBP
10p ordinary	Purchase	55,607	4.7680  GBP
10p ordinary	Purchase	51,727	4.7515  GBP
10p ordinary	Purchase	37,251	4.7420  GBP
10p ordinary	Purchase	36,739	4.7449  GBP
10p ordinary	Purchase	17,074	4.7441  GBP
10p ordinary	Purchase	11,518	4.7452  GBP
10p ordinary	Purchase	9,100	4.7550  GBP
10p ordinary	Purchase	7,000	4.7481  GBP
10p ordinary	Purchase	5,625	4.7431  GBP
10p ordinary	Purchase	4,751	4.7466  GBP
10p ordinary	Purchase	4,594	4.7535  GBP
10p ordinary	Purchase	3,040	4.7437  GBP
10p ordinary	Purchase	2,659	4.7448  GBP
10p ordinary	Purchase	1,845	4.7522  GBP
10p ordinary	Purchase	1,684	4.7662  GBP
10p ordinary	Purchase	1,575	4.7552  GBP
10p ordinary	Purchase	1,419	4.7572  GBP
10p ordinary	Purchase	1,418	4.7335  GBP
10p ordinary	Purchase	1,297	4.7384  GBP
10p ordinary	Purchase	1,187	4.7229  GBP
10p ordinary	Purchase	821	4.7580  GBP
10p ordinary	Purchase	789	4.7650  GBP
10p ordinary	Purchase	711	4.7700  GBP
10p ordinary	Purchase	693	4.7460  GBP
10p ordinary	Purchase	634	4.7549  GBP
10p ordinary	Purchase	510	4.7500  GBP
10p ordinary	Purchase	348	4.7600  GBP
10p ordinary	Purchase	268	4.7523  GBP
10p ordinary	Purchase	209	4.7660  GBP
10p ordinary	Sale	353,757	4.7503  GBP
10p ordinary	Sale	319,000	4.7408  GBP
10p ordinary	Sale	82,606	4.7400  GBP
10p ordinary	Sale	74,646	4.7401  GBP
10p ordinary	Sale	68,899	4.7429  GBP
10p ordinary	Sale	49,421	4.7493  GBP
10p ordinary	Sale	33,046	4.7542  GBP
10p ordinary	Sale	25,995	4.7468  GBP
10p ordinary	Sale	9,573	4.7473  GBP
10p ordinary	Sale	7,000	4.7481  GBP
10p ordinary	Sale	5,246	4.7533  GBP
10p ordinary	Sale	2,718	4.7560  GBP
10p ordinary	Sale	2,659	4.7448  GBP
10p ordinary	Sale	2,110	4.7599  GBP
10p ordinary	Sale	1,299	4.7675  GBP
10p ordinary	Sale	1,105	4.7356  GBP
10p ordinary	Sale	977	4.7660  GBP
10p ordinary	Sale	711	4.7700  GBP
10p ordinary	Sale	693	4.7461  GBP
10p ordinary	Sale	693	4.7460  GBP
10p ordinary	Sale	500	4.7522  GBP
10p ordinary	Sale	333	4.7540  GBP
10p ordinary	Sale	211	4.7420  GBP
10p ordinary	Sale	68	4.7392  GBP
10p ordinary	Sale	6	4.7380  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	25,662	4.7517  GBP
10p ordinary	CFD	Decreasing Short	59,833	4.7400  GBP
10p ordinary	CFD	Decreasing Short	2,659	4.7448  GBP
10p ordinary	CFD	Decreasing Short	7,689	4.7470  GBP
10p ordinary	CFD	Increasing Short	4,867	4.7400  GBP
10p ordinary	SWAP	Decreasing Long	37,251	4.7420  GBP
10p ordinary	SWAP	Decreasing Short	15,678	4.7392  GBP
10p ordinary	SWAP	Decreasing Short	3,682	4.7430  GBP
10p ordinary	SWAP	Decreasing Short	191,000	4.7458  GBP
10p ordinary	SWAP	Decreasing Short	49,421	4.7493  GBP
10p ordinary	SWAP	Decreasing Short	21,172	4.7561  GBP
10p ordinary	SWAP	Increasing Short	2,303	4.7265  GBP
10p ordinary	SWAP	Increasing Short	1,297	4.7384  GBP
10p ordinary	SWAP	Increasing Short	24,315	4.7405  GBP
10p ordinary	SWAP	Increasing Short	11,467	4.7460  GBP
10p ordinary	SWAP	Increasing Short	51,727	4.7515  GBP
10p ordinary	SWAP	Decreasing Short	68	4.7392  GBP
10p ordinary	SWAP	Increasing Short	36,739	4.7449  GBP
10p ordinary	SWAP	Decreasing Short	478,000	4.7458  GBP
10p ordinary	SWAP	Decreasing Short	7,664	4.7463  GBP
10p ordinary	SWAP	Decreasing Short	25,995	4.7468  GBP
10p ordinary	SWAP	Decreasing Short	15,011	4.7566  GBP
10p ordinary	SWAP	Increasing Short	23,560	4.7400  GBP
10p ordinary	SWAP	Increasing Short	3,040	4.7438  GBP
10p ordinary	SWAP	Increasing Short	2,906	4.7514  GBP
10p ordinary	SWAP	Increasing Short	16,018	4.7700  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:				28 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END