Form 8.3 - Smith (DS) plc

Barclays PLC

29 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:			28 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:				32,579,324	2.36%	28,563,643	2.07%
(2) Cash-settled derivatives:				11,134,858	0.81%	32,713,109	2.37%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				43,714,182	3.17%	61,276,752	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	409,059	4.6610  GBP
10p ordinary	Purchase	111,037	4.7849  GBP
10p ordinary	Purchase	71,429	4.7724  GBP
10p ordinary	Purchase	65,499	4.7691  GBP
10p ordinary	Purchase	62,813	4.7880  GBP
10p ordinary	Purchase	60,035	4.7808  GBP
10p ordinary	Purchase	49,191	4.7776  GBP
10p ordinary	Purchase	28,377	4.7756  GBP
10p ordinary	Purchase	27,824	4.7734  GBP
10p ordinary	Purchase	27,803	4.7800  GBP
10p ordinary	Purchase	27,803	4.7720  GBP
10p ordinary	Purchase	14,210	4.7807  GBP
10p ordinary	Purchase	14,022	4.7713  GBP
10p ordinary	Purchase	13,186	4.7564  GBP
10p ordinary	Purchase	11,543	4.7707  GBP
10p ordinary	Purchase	11,094	4.7658  GBP
10p ordinary	Purchase	9,837	4.7699  GBP
10p ordinary	Purchase	9,453	4.7801  GBP
10p ordinary	Purchase	8,046	4.7767  GBP
10p ordinary	Purchase	5,649	4.7755  GBP
10p ordinary	Purchase	4,306	4.7813  GBP
10p ordinary	Purchase	4,135	4.7738  GBP
10p ordinary	Purchase	3,140	4.7578  GBP
10p ordinary	Purchase	3,067	4.7673  GBP
10p ordinary	Purchase	3,042	4.7703  GBP
10p ordinary	Purchase	3,039	4.7570  GBP
10p ordinary	Purchase	3,012	4.7771  GBP
10p ordinary	Purchase	2,462	4.7871  GBP
10p ordinary	Purchase	2,164	4.7765  GBP
10p ordinary	Purchase	1,677	4.7606  GBP
10p ordinary	Purchase	1,410	4.7560  GBP
10p ordinary	Purchase	1,278	4.7780  GBP
10p ordinary	Purchase	1,256	4.7700  GBP
10p ordinary	Purchase	1,246	4.7527  GBP
10p ordinary	Purchase	1,178	4.7538  GBP
10p ordinary	Purchase	918	4.7640  GBP
10p ordinary	Purchase	902	4.7629  GBP
10p ordinary	Purchase	799	4.7704  GBP
10p ordinary	Purchase	721	4.7810  GBP
10p ordinary	Purchase	658	4.7480  GBP
10p ordinary	Purchase	341	4.7639  GBP
10p ordinary	Purchase	263	4.7520  GBP
10p ordinary	Purchase	215	4.7820  GBP
10p ordinary	Purchase	197	4.7460  GBP
10p ordinary	Purchase	184	4.7830  GBP
10p ordinary	Sale	475,927	4.7804  GBP
10p ordinary	Sale	204,877	4.7800  GBP
10p ordinary	Sale	109,081	4.7880  GBP
10p ordinary	Sale	69,480	4.7726  GBP
10p ordinary	Sale	46,416	4.7806  GBP
10p ordinary	Sale	44,464	4.7762  GBP
10p ordinary	Sale	30,030	4.7784  GBP
10p ordinary	Sale	24,059	4.7713  GBP
10p ordinary	Sale	22,100	4.7882  GBP
10p ordinary	Sale	8,452	4.7782  GBP
10p ordinary	Sale	5,937	4.7866  GBP
10p ordinary	Sale	4,492	4.7674  GBP
10p ordinary	Sale	4,425	4.7688  GBP
10p ordinary	Sale	2,462	4.7870  GBP
10p ordinary	Sale	2,392	4.7820  GBP
10p ordinary	Sale	2,336	4.7789  GBP
10p ordinary	Sale	2,181	4.7680  GBP
10p ordinary	Sale	1,844	4.7740  GBP
10p ordinary	Sale	918	4.7640  GBP
10p ordinary	Sale	851	4.7731  GBP
10p ordinary	Sale	830	4.7760  GBP
10p ordinary	Sale	428	4.7625  GBP
10p ordinary	Sale	386	4.7778  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	27,369	4.7767  GBP
10p ordinary	CFD	Decreasing Short	3,145	4.7460  GBP
10p ordinary	CFD	Decreasing Short	918	4.7639  GBP
10p ordinary	CFD	Decreasing Short	7,757	4.7736  GBP
10p ordinary	CFD	Decreasing Short	6	4.7866  GBP
10p ordinary	CFD	Decreasing Short	3,093	4.7880  GBP
10p ordinary	CFD	Increasing Short	3,145	4.7460  GBP
10p ordinary	CFD	Increasing Short	6	4.7866  GBP
10p ordinary	CFD	Increasing Short	30,079	4.7879  GBP
10p ordinary	CFD	Increasing Short	2,033	4.7880  GBP
10p ordinary	SWAP	Opening Long	16,820	4.7710  GBP
10p ordinary	SWAP	Increasing Long	1,128	4.7712  GBP
10p ordinary	SWAP	Opening Short	61,373	4.7831  GBP
10p ordinary	SWAP	Decreasing Short	428	4.7625  GBP
10p ordinary	SWAP	Decreasing Short	4,492	4.7674  GBP
10p ordinary	SWAP	Decreasing Short	20,707	4.7723  GBP
10p ordinary	SWAP	Decreasing Short	44,464	4.7762  GBP
10p ordinary	SWAP	Decreasing Short	19,934	4.7880  GBP
10p ordinary	SWAP	Increasing Short	1,178	4.7538  GBP
10p ordinary	SWAP	Increasing Short	1,677	4.7606  GBP
10p ordinary	SWAP	Increasing Short	5,768	4.7608  GBP
10p ordinary	SWAP	Increasing Short	137	4.7640  GBP
10p ordinary	SWAP	Increasing Short	27,824	4.7734  GBP
10p ordinary	SWAP	Increasing Short	24,296	4.7788  GBP
10p ordinary	SWAP	Decreasing Short	11,821	4.7729  GBP
10p ordinary	SWAP	Decreasing Short	30,030	4.7784  GBP
10p ordinary	SWAP	Decreasing Short	12,093	4.7880  GBP
10p ordinary	SWAP	Increasing Short	3,140	4.7578  GBP
10p ordinary	SWAP	Increasing Short	4,130	4.7583  GBP
10p ordinary	SWAP	Increasing Long	75,347	4.7880  GBP
10p ordinary	SWAP	Increasing Short	15,436	4.7880  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:				29 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END