Form 8.3 - Smith (DS) plc

Barclays PLC

02 September 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:			30 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:				32,754,266	2.37%	28,414,903	2.06%
(2) Cash-settled derivatives:				11,106,047	0.80%	32,880,345	2.38%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				43,860,313	3.18%	61,295,248	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	1,649,328	4.6795  GBP
10p ordinary	Purchase	717,750	4.6809  GBP
10p ordinary	Purchase	675,618	4.6797  GBP
10p ordinary	Purchase	574,960	4.5615  GBP
10p ordinary	Purchase	354,753	4.6800  GBP
10p ordinary	Purchase	175,967	4.6799  GBP
10p ordinary	Purchase	125,832	4.7022  GBP
10p ordinary	Purchase	67,058	4.6848  GBP
10p ordinary	Purchase	47,639	4.7014  GBP
10p ordinary	Purchase	45,533	4.6980  GBP
10p ordinary	Purchase	39,110	4.6950  GBP
10p ordinary	Purchase	23,157	4.6796  GBP
10p ordinary	Purchase	20,106	4.6903  GBP
10p ordinary	Purchase	17,404	4.6899  GBP
10p ordinary	Purchase	15,702	4.6823  GBP
10p ordinary	Purchase	8,321	4.6981  GBP
10p ordinary	Purchase	7,735	4.6962  GBP
10p ordinary	Purchase	6,836	4.6875  GBP
10p ordinary	Purchase	6,096	4.7033  GBP
10p ordinary	Purchase	5,450	4.6948  GBP
10p ordinary	Purchase	4,818	4.6811  GBP
10p ordinary	Purchase	4,452	4.7005  GBP
10p ordinary	Purchase	4,374	4.7063  GBP
10p ordinary	Purchase	4,041	4.6852  GBP
10p ordinary	Purchase	3,700	4.7032  GBP
10p ordinary	Purchase	2,842	4.6701  GBP
10p ordinary	Purchase	2,696	4.7019  GBP
10p ordinary	Purchase	2,593	4.6678  GBP
10p ordinary	Purchase	2,176	4.7000  GBP
10p ordinary	Purchase	2,160	4.6519  GBP
10p ordinary	Purchase	1,862	4.6761  GBP
10p ordinary	Purchase	1,828	4.6760  GBP
10p ordinary	Purchase	1,752	4.6718  GBP
10p ordinary	Purchase	1,499	4.7039  GBP
10p ordinary	Purchase	1,210	4.6854  GBP
10p ordinary	Purchase	960	4.7060  GBP
10p ordinary	Purchase	904	4.6940  GBP
10p ordinary	Purchase	830	4.7080  GBP
10p ordinary	Purchase	728	4.6540  GBP
10p ordinary	Purchase	574	4.6660  GBP
10p ordinary	Purchase	522	4.6991  GBP
10p ordinary	Purchase	482	4.6880  GBP
10p ordinary	Purchase	401	4.6680  GBP
10p ordinary	Purchase	259	4.6860  GBP
10p ordinary	Purchase	243	4.6840  GBP
10p ordinary	Purchase	121	4.6974  GBP
10p ordinary	Sale	1,271,575	4.6798  GBP
10p ordinary	Sale	1,258,705	4.6803  GBP
10p ordinary	Sale	902,407	4.6800  GBP
10p ordinary	Sale	579,979	4.6809  GBP
10p ordinary	Sale	214,796	4.6818  GBP
10p ordinary	Sale	81,241	4.6799  GBP
10p ordinary	Sale	47,639	4.7014  GBP
10p ordinary	Sale	26,467	4.6988  GBP
10p ordinary	Sale	18,455	4.6704  GBP
10p ordinary	Sale	18,096	4.6911  GBP
10p ordinary	Sale	16,647	4.6930  GBP
10p ordinary	Sale	11,479	4.6947  GBP
10p ordinary	Sale	10,011	4.6986  GBP
10p ordinary	Sale	9,580	4.7000  GBP
10p ordinary	Sale	9,299	4.6982  GBP
10p ordinary	Sale	8,835	4.6885  GBP
10p ordinary	Sale	8,772	4.6876  GBP
10p ordinary	Sale	7,295	4.6942  GBP
10p ordinary	Sale	4,566	4.6962  GBP
10p ordinary	Sale	3,482	4.7022  GBP
10p ordinary	Sale	3,409	4.6996  GBP
10p ordinary	Sale	2,655	4.7003  GBP
10p ordinary	Sale	2,455	4.6797  GBP
10p ordinary	Sale	2,416	4.6951  GBP
10p ordinary	Sale	2,415	4.6901  GBP
10p ordinary	Sale	2,203	4.7010  GBP
10p ordinary	Sale	1,595	4.6950  GBP
10p ordinary	Sale	1,458	4.6766  GBP
10p ordinary	Sale	1,217	4.6757  GBP
10p ordinary	Sale	1,130	4.6920  GBP
10p ordinary	Sale	1,093	4.6980  GBP
10p ordinary	Sale	960	4.7060  GBP
10p ordinary	Sale	930	4.6860  GBP
10p ordinary	Sale	904	4.6940  GBP
10p ordinary	Sale	769	4.7040  GBP
10p ordinary	Sale	728	4.6540  GBP
10p ordinary	Sale	616	4.6760  GBP
10p ordinary	Sale	616	4.6764  GBP
10p ordinary	Sale	574	4.6660  GBP
10p ordinary	Sale	482	4.6880  GBP
10p ordinary	Sale	383	4.6826  GBP
10p ordinary	Sale	243	4.6840  GBP
10p ordinary	Sale	1	4.7044  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	CFD	Decreasing Short	590,514	4.6798  GBP
10p ordinary	CFD	Decreasing Short	2,407	4.6800  GBP
10p ordinary	CFD	Decreasing Short	550	4.6920  GBP
10p ordinary	CFD	Decreasing Short	1,033	4.6936  GBP
10p ordinary	CFD	Increasing Short	57,729	4.6800  GBP
10p ordinary	CFD	Increasing Short	550	4.6920  GBP
10p ordinary	CFD	Increasing Short	5,480	4.6967  GBP
10p ordinary	CFD	Increasing Short	121	4.6974  GBP
10p ordinary	CFD	Increasing Short	47,639	4.7014  GBP
10p ordinary	SWAP	Opening Long	12,652	4.6800  GBP
10p ordinary	SWAP	Opening Short	30,381	4.6972  GBP
10p ordinary	SWAP	Decreasing Short	33,674	4.6800  GBP
10p ordinary	SWAP	Decreasing Short	1,158	4.6811  GBP
10p ordinary	SWAP	Increasing Short	56,735	4.6834  GBP
10p ordinary	SWAP	Increasing Long	2,098	4.6790  GBP
10p ordinary	SWAP	Decreasing Short	1	4.6520  GBP
10p ordinary	SWAP	Decreasing Short	18,455	4.6704  GBP
10p ordinary	SWAP	Decreasing Short	1,458	4.6766  GBP
10p ordinary	SWAP	Decreasing Short	26,984	4.6790  GBP
10p ordinary	SWAP	Decreasing Short	88,400	4.6800  GBP
10p ordinary	SWAP	Decreasing Short	25,509	4.6807  GBP
10p ordinary	SWAP	Decreasing Short	383	4.6826  GBP
10p ordinary	SWAP	Decreasing Short	128	4.6920  GBP
10p ordinary	SWAP	Increasing Short	2,572	4.6625  GBP
10p ordinary	SWAP	Increasing Short	409,108	4.6800  GBP
10p ordinary	SWAP	Increasing Short	4,818	4.6811  GBP
10p ordinary	SWAP	Increasing Short	67,058	4.6849  GBP
10p ordinary	SWAP	Increasing Short	28,728	4.6885  GBP
10p ordinary	SWAP	Decreasing Short	11,479	4.6947  GBP
10p ordinary	SWAP	Increasing Short	4,041	4.6852  GBP
10p ordinary	SWAP	Decreasing Short	53,969	4.6790  GBP
10p ordinary	SWAP	Decreasing Short	153,079	4.6818  GBP
10p ordinary	SWAP	Decreasing Short	133	4.6920  GBP
10p ordinary	SWAP	Increasing Short	311,116	4.6800  GBP
10p ordinary	SWAP	Increasing Short	20,921	4.6907  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:				02 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END