Form 8.3 - Smith (DS) plc

Barclays PLC

11 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:				10 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:			32,570,359	2.36%	28,636,766	2.07%
(2)	Cash-settled derivatives:
	and/or controlled:			10,977,491	0.80%	32,170,922	2.33%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			43,547,850	3.16%	60,807,688	4.41%
(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		905,390		4.5171  GBP
10p ordinary		Purchase		263,756		4.5429  GBP
10p ordinary		Purchase		150,000		4.5430  GBP
10p ordinary		Purchase		108,053		4.5250  GBP
10p ordinary		Purchase		80,668		4.5495  GBP
10p ordinary		Purchase		70,000		4.4961  GBP
10p ordinary		Purchase		46,824		4.5440  GBP
10p ordinary		Purchase		45,425		4.5253  GBP
10p ordinary		Purchase		39,893		4.5424  GBP
10p ordinary		Purchase		31,561		4.5441  GBP
10p ordinary		Purchase		28,128		4.5408  GBP
10p ordinary		Purchase		27,210		4.5413  GBP
10p ordinary		Purchase		26,448		4.5261  GBP
10p ordinary		Purchase		7,166		4.5160  GBP
10p ordinary		Purchase		5,837		4.5251  GBP
10p ordinary		Purchase		5,686		4.5308  GBP
10p ordinary		Purchase		5,432		4.5279  GBP
10p ordinary		Purchase		4,975		4.5399  GBP
10p ordinary		Purchase		4,907		4.5221  GBP
10p ordinary		Purchase		4,673		4.5302  GBP
10p ordinary		Purchase		4,650		4.5264  GBP
10p ordinary		Purchase		3,542		4.5480  GBP
10p ordinary		Purchase		3,234		4.5400  GBP
10p ordinary		Purchase		2,711		4.5378  GBP
10p ordinary		Purchase		2,073		4.5453  GBP
10p ordinary		Purchase		1,688		4.5260  GBP
10p ordinary		Purchase		1,397		4.5180  GBP
10p ordinary		Purchase		1,225		4.5265  GBP
10p ordinary		Purchase		1,128		4.5300  GBP
10p ordinary		Purchase		853		4.5280  GBP
10p ordinary		Purchase		789		4.5396  GBP
10p ordinary		Purchase		698		4.5383  GBP
10p ordinary		Purchase		302		4.5382  GBP
10p ordinary		Purchase		233		4.5462  GBP
10p ordinary		Purchase		187		4.5246  GBP
10p ordinary		Purchase		173		4.5313  GBP
10p ordinary		Purchase		127		4.5442  GBP
10p ordinary		Purchase		44		4.5356  GBP
10p ordinary		Purchase		15		4.5336  GBP
10p ordinary		Purchase		12		4.5516  GBP
10p ordinary		Sale		439,000		4.5180  GBP
10p ordinary		Sale		400,000		4.5140  GBP
10p ordinary		Sale		265,181		4.5440  GBP
10p ordinary		Sale		150,000		4.5237  GBP
10p ordinary		Sale		127,683		4.5437  GBP
10p ordinary		Sale		113,125		4.5326  GBP
10p ordinary		Sale		111,226		4.5260  GBP
10p ordinary		Sale		101,793		4.5377  GBP
10p ordinary		Sale		67,965		4.5438  GBP
10p ordinary		Sale		64,242		4.5402  GBP
10p ordinary		Sale		55,613		4.5460  GBP
10p ordinary		Sale		34,293		4.5277  GBP
10p ordinary		Sale		31,693		4.5353  GBP
10p ordinary		Sale		28,953		4.5384  GBP
10p ordinary		Sale		18,786		4.5287  GBP
10p ordinary		Sale		12,665		4.5254  GBP
10p ordinary		Sale		12,533		4.5431  GBP
10p ordinary		Sale		10,298		4.5451  GBP
10p ordinary		Sale		9,473		4.5406  GBP
10p ordinary		Sale		9,065		4.5333  GBP
10p ordinary		Sale		8,886		4.5420  GBP
10p ordinary		Sale		8,505		4.5339  GBP
10p ordinary		Sale		8,375		4.5397  GBP
10p ordinary		Sale		8,356		4.5471  GBP
10p ordinary		Sale		7,061		4.5394  GBP
10p ordinary		Sale		6,398		4.5354  GBP
10p ordinary		Sale		5,694		4.5361  GBP
10p ordinary		Sale		5,459		4.5392  GBP
10p ordinary		Sale		4,011		4.5248  GBP
10p ordinary		Sale		3,340		4.5455  GBP
10p ordinary		Sale		2,462		4.5160  GBP
10p ordinary		Sale		2,246		4.5167  GBP
10p ordinary		Sale		2,219		4.5340  GBP
10p ordinary		Sale		2,085		4.5278  GBP
10p ordinary		Sale		1,877		4.5540  GBP
10p ordinary		Sale		1,684		4.5313  GBP
10p ordinary		Sale		1,642		4.5467  GBP
10p ordinary		Sale		1,357		4.5305  GBP
10p ordinary		Sale		1,183		4.5320  GBP
10p ordinary		Sale		853		4.5280  GBP
10p ordinary		Sale		823		4.5198  GBP
10p ordinary		Sale		606		4.5310  GBP
10p ordinary		Sale		381		4.5520  GBP
10p ordinary		Sale		173		4.5317  GBP
10p ordinary		Sale		136		4.5492  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		16,592	4.5357  GBP
10p ordinary		SWAP		Decreasing Short		4,011	4.5248  GBP
10p ordinary		SWAP		Decreasing Short		2,085	4.5278  GBP
10p ordinary		SWAP		Decreasing Short		113,125	4.5326  GBP
10p ordinary		SWAP		Decreasing Short		16,100	4.5352  GBP
10p ordinary		SWAP		Decreasing Short		17,351	4.5363  GBP
10p ordinary		SWAP		Decreasing Short		98,619	4.5377  USD
10p ordinary		SWAP		Decreasing Short		64,242	4.5402  GBP
10p ordinary		SWAP		Decreasing Short		32,573	4.5434  GBP
10p ordinary		SWAP		Decreasing Short		33,553	4.5440  GBP
10p ordinary		SWAP		Increasing Short		70,000	4.4770  USD
10p ordinary		SWAP		Increasing Short		2	4.5140  GBP
10p ordinary		SWAP		Increasing Short		5,837	4.5251  GBP
10p ordinary		SWAP		Increasing Short		26,448	4.5261  GBP
10p ordinary		SWAP		Increasing Short		1,225	4.5264  GBP
10p ordinary		SWAP		Increasing Short		4,673	4.5302  GBP
10p ordinary		SWAP		Increasing Short		31,561	4.5441  GBP
10p ordinary		SWAP		Increasing Short		233	4.5462  GBP
10p ordinary		SWAP		Increasing Short		80,668	4.5495  GBP
10p ordinary		SWAP		Increasing Short		595	4.5500  GBP
10p ordinary		CFD		Decreasing Short		2,384	4.5264  GBP
10p ordinary		CFD		Decreasing Short		29	4.5393  GBP
10p ordinary		CFD		Decreasing Short		374	4.5440  GBP
10p ordinary		CFD		Increasing Short		374	4.5440  GBP
10p ordinary		CFD		Increasing Short		127	4.5442  GBP
10p ordinary		CFD		Increasing Short		5,939	4.5485  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:				11 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END