Form 8.3 - Smith (DS) plc

Barclays PLC

18 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:				17 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:			32,364,545	2.34%	29,043,459	2.10%
(2)	Cash-settled derivatives:
	and/or controlled:			11,315,465	0.82%	31,899,864	2.31%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			43,680,010	3.16%	60,943,323	4.42%
(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		449,500		4.7951  GBP
10p ordinary		Purchase		122,757		4.7866  GBP
10p ordinary		Purchase		103,389		4.7840  GBP
10p ordinary		Purchase		73,429		4.7892  GBP
10p ordinary		Purchase		56,802		4.8084  GBP
10p ordinary		Purchase		53,028		4.8324  GBP
10p ordinary		Purchase		42,494		4.8074  GBP
10p ordinary		Purchase		30,885		4.8088  GBP
10p ordinary		Purchase		21,577		4.7009  GBP
10p ordinary		Purchase		15,000		4.8143  GBP
10p ordinary		Purchase		13,930		4.7837  GBP
10p ordinary		Purchase		12,809		4.8156  GBP
10p ordinary		Purchase		7,133		4.8020  GBP
10p ordinary		Purchase		5,842		4.7847  GBP
10p ordinary		Purchase		5,343		4.8037  GBP
10p ordinary		Purchase		4,914		4.7886  GBP
10p ordinary		Purchase		2,868		4.7977  GBP
10p ordinary		Purchase		1,971		4.8071  GBP
10p ordinary		Purchase		707		4.7960  GBP
10p ordinary		Purchase		669		4.8260  GBP
10p ordinary		Purchase		653		4.8258  GBP
10p ordinary		Sale		529,155		4.8040  GBP
10p ordinary		Sale		200,000		4.8115  GBP
10p ordinary		Sale		157,071		4.8206  GBP
10p ordinary		Sale		109,708		4.8035  GBP
10p ordinary		Sale		86,937		4.8072  GBP
10p ordinary		Sale		83,420		4.8004  GBP
10p ordinary		Sale		78,110		4.7840  GBP
10p ordinary		Sale		76,602		4.8007  GBP
10p ordinary		Sale		68,754		4.7954  GBP
10p ordinary		Sale		42,736		4.8177  GBP
10p ordinary		Sale		38,131		4.7839  GBP
10p ordinary		Sale		28,913		4.7670  GBP
10p ordinary		Sale		27,564		4.7841  GBP
10p ordinary		Sale		25,610		4.8047  GBP
10p ordinary		Sale		22,991		4.7998  GBP
10p ordinary		Sale		21,054		4.8045  GBP
10p ordinary		Sale		16,079		4.8013  GBP
10p ordinary		Sale		11,370		4.8030  GBP
10p ordinary		Sale		10,533		4.8071  GBP
10p ordinary		Sale		6,162		4.7987  GBP
10p ordinary		Sale		4,312		4.7755  GBP
10p ordinary		Sale		4,181		4.8100  GBP
10p ordinary		Sale		2,145		4.7876  GBP
10p ordinary		Sale		1,191		4.7666  GBP
10p ordinary		Sale		1,183		4.7873  GBP
10p ordinary		Sale		707		4.7960  GBP
10p ordinary		Sale		653		4.8263  GBP
10p ordinary		Sale		601		4.7780  GBP
10p ordinary		Sale		405		4.8240  GBP
10p ordinary		Sale		298		4.7760  GBP
10p ordinary		Sale		194		4.8330  GBP
10p ordinary		Sale		78		4.7842  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		Decreasing Short		1,191	4.7666  GBP
10p ordinary		SWAP		Decreasing Short		28,913	4.7670  GBP
10p ordinary		SWAP		Decreasing Short		21,415	4.7817  GBP
10p ordinary		SWAP		Decreasing Short		13,658	4.7839  GBP
10p ordinary		SWAP		Decreasing Short		1,183	4.7873  GBP
10p ordinary		SWAP		Decreasing Short		83,420	4.8004  GBP
10p ordinary		SWAP		Decreasing Short		76,602	4.8007  GBP
10p ordinary		SWAP		Decreasing Short		66,208	4.8023  GBP
10p ordinary		SWAP		Decreasing Short		528,875	4.8040  GBP
10p ordinary		SWAP		Decreasing Short		91,090	4.8043  GBP
10p ordinary		SWAP		Decreasing Short		86,937	4.8072  GBP
10p ordinary		SWAP		Decreasing Short		200,000	4.8115  GBP
10p ordinary		SWAP		Decreasing Short		42,736	4.8177  GBP
10p ordinary		SWAP		Decreasing Short		157,071	4.8206  GBP
10p ordinary		SWAP		Increasing Short		18,787	4.7840  GBP
10p ordinary		SWAP		Increasing Short		32,180	4.7841  GBP
10p ordinary		SWAP		Increasing Short		5,842	4.7847  GBP
10p ordinary		SWAP		Increasing Short		4,914	4.7886  GBP
10p ordinary		SWAP		Increasing Short		73,429	4.7892  GBP
10p ordinary		SWAP		Increasing Short		707	4.7960  GBP
10p ordinary		SWAP		Increasing Short		299,433	4.7979  GBP
10p ordinary		SWAP		Increasing Short		235,537	4.8015  GBP
10p ordinary		SWAP		Increasing Short		1,971	4.8071  GBP
10p ordinary		SWAP		Increasing Short		53,028	4.8324  GBP
10p ordinary		CFD		Decreasing Short		871	4.7839  GBP
10p ordinary		CFD		Decreasing Short		2,026	4.7946  GBP
10p ordinary		CFD		Decreasing Short		280	4.8037  GBP
10p ordinary		CFD		Increasing Short		871	4.7839  GBP
10p ordinary		SWAP		Increasing Short		21,577	4.7010  GBP
10p ordinary		SWAP		Increasing Short		15,000	4.8143  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:				18 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END