Form 8.3 - Smith (DS) plc

Barclays PLC

06 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				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:				05 Sep 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:			32,983,334	2.39%	28,558,457	2.07%
(2)	Cash-settled derivatives:
	and/or controlled:			11,135,542	0.81%	32,653,744	2.37%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,118,876	3.20%	61,212,201	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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
10p ordinary		Purchase		190,169		4.5014  GBP
10p ordinary		Purchase		127,775		4.4937  GBP
10p ordinary		Purchase		94,283		4.4940  GBP
10p ordinary		Purchase		79,857		4.5148  GBP
10p ordinary		Purchase		49,026		4.5210  GBP
10p ordinary		Purchase		43,948		4.5157  GBP
10p ordinary		Purchase		31,183		4.5133  GBP
10p ordinary		Purchase		9,999		4.5032  GBP
10p ordinary		Purchase		8,863		4.5140  GBP
10p ordinary		Purchase		8,033		4.4970  GBP
10p ordinary		Purchase		7,947		4.5007  GBP
10p ordinary		Purchase		4,500		4.5719  GBP
10p ordinary		Purchase		4,394		4.5069  GBP
10p ordinary		Purchase		4,374		4.4946  GBP
10p ordinary		Purchase		4,156		4.5123  GBP
10p ordinary		Purchase		3,689		4.5153  GBP
10p ordinary		Purchase		3,198		4.4960  GBP
10p ordinary		Purchase		2,495		4.5103  GBP
10p ordinary		Purchase		1,414		4.5440  GBP
10p ordinary		Purchase		1,317		4.5040  GBP
10p ordinary		Purchase		255		4.5107  GBP
10p ordinary		Purchase		226		4.5080  GBP
10p ordinary		Purchase		89		4.4900  GBP
10p ordinary		Purchase		88		4.4980  GBP
10p ordinary		Sale		168,052		4.5109  GBP
10p ordinary		Sale		162,537		4.4960  GBP
10p ordinary		Sale		111,217		4.5232  GBP
10p ordinary		Sale		82,313		4.5093  GBP
10p ordinary		Sale		34,143		4.4985  GBP
10p ordinary		Sale		33,156		4.4940  GBP
10p ordinary		Sale		27,804		4.4972  GBP
10p ordinary		Sale		26,934		4.5177  GBP
10p ordinary		Sale		24,198		4.5157  GBP
10p ordinary		Sale		20,655		4.5162  GBP
10p ordinary		Sale		13,321		4.5155  GBP
10p ordinary		Sale		7,947		4.5007  GBP
10p ordinary		Sale		7,363		4.5169  GBP
10p ordinary		Sale		6,963		4.5140  GBP
10p ordinary		Sale		6,274		4.5167  GBP
10p ordinary		Sale		5,987		4.5249  GBP
10p ordinary		Sale		3,977		4.5227  GBP
10p ordinary		Sale		3,779		4.5215  GBP
10p ordinary		Sale		2,481		4.5254  GBP
10p ordinary		Sale		1,944		4.5130  GBP
10p ordinary		Sale		1,072		4.5260  GBP
10p ordinary		Sale		908		4.5105  GBP
10p ordinary		Sale		581		4.5750  GBP
10p ordinary		Sale		315		4.5030  GBP
10p ordinary		Sale		226		4.5080  GBP
10p ordinary		Sale		149		4.5070  GBP
10p ordinary		Sale		97		4.5180  GBP
10p ordinary		Sale		89		4.4900  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		SWAP		Increasing Short		15,534	4.5046  GBP
10p ordinary		SWAP		Decreasing Short		27,148	4.4937  GBP
10p ordinary		SWAP		Decreasing Short		23,256	4.4940  GBP
10p ordinary		SWAP		Decreasing Short		34,143	4.4985  GBP
10p ordinary		SWAP		Decreasing Short		82,313	4.5093  GBP
10p ordinary		SWAP		Decreasing Short		17,142	4.5102  GBP
10p ordinary		SWAP		Decreasing Short		110,286	4.5143  GBP
10p ordinary		SWAP		Decreasing Short		26,563	4.5147  GBP
10p ordinary		SWAP		Decreasing Short		7,984	4.5148  GBP
10p ordinary		SWAP		Decreasing Short		13,692	4.5174  GBP
10p ordinary		SWAP		Decreasing Short		139,021	4.5180  GBP
10p ordinary		SWAP		Decreasing Short		3,977	4.5227  GBP
10p ordinary		SWAP		Increasing Short		44,950	4.4940  GBP
10p ordinary		SWAP		Increasing Short		99,932	4.4941  GBP
10p ordinary		SWAP		Increasing Short		4,374	4.4946  GBP
10p ordinary		SWAP		Increasing Short		352	4.4976  GBP
10p ordinary		SWAP		Increasing Short		9,999	4.5032  GBP
10p ordinary		SWAP		Increasing Short		4,394	4.5069  GBP
10p ordinary		SWAP		Increasing Short		4,156	4.5123  GBP
10p ordinary		SWAP		Increasing Short		79,857	4.5148  GBP
10p ordinary		SWAP		Increasing Short		43,948	4.5157  GBP
10p ordinary		SWAP		Increasing Short		50,431	4.5190  GBP
10p ordinary		SWAP		Increasing Short		1,414	4.5440  GBP
10p ordinary		CFD		Decreasing Short		15,894	4.5007  GBP
10p ordinary		CFD		Decreasing Short		1,113	4.5144  GBP
10p ordinary		CFD		Decreasing Short		113	4.5679  GBP
10p ordinary		CFD		Decreasing Short		2,441	4.5680  GBP
10p ordinary		CFD		Increasing Short		3,259	4.4940  GBP
10p ordinary		CFD		Increasing Short		6,963	4.5139  GBP
10p ordinary		CFD		Increasing Short		113	4.5679  GBP
10p ordinary		CFD		Increasing Short		2,441	4.5680  GBP
NB: The below transactions which were previously disclosed have been cancelled
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		CFD		Short		7,947	4.5008  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:				06 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END