Form 8.3 - Smith (DS) plc

Barclays PLC

30 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:				27 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:			33,610,080	2.43%	30,680,776	2.22%
(2)	Cash-settled derivatives:
	and/or controlled:			11,130,007	0.81%	32,069,057	2.32%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,740,087	3.24%	62,749,833	4.55%
(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		632,684		4.6360  GBP
10p ordinary		Purchase		61,068		4.6203  GBP
10p ordinary		Purchase		44,116		4.6180  GBP
10p ordinary		Purchase		41,542		4.6181  GBP
10p ordinary		Purchase		38,708		4.6351  GBP
10p ordinary		Purchase		37,923		4.6353  GBP
10p ordinary		Purchase		34,120		4.6213  GBP
10p ordinary		Purchase		26,051		4.6345  GBP
10p ordinary		Purchase		16,774		4.6169  GBP
10p ordinary		Purchase		13,146		4.6216  GBP
10p ordinary		Purchase		9,876		4.6350  GBP
10p ordinary		Purchase		8,340		4.6105  GBP
10p ordinary		Purchase		7,229		4.6167  GBP
10p ordinary		Purchase		6,642		4.6183  GBP
10p ordinary		Purchase		4,342		4.6248  GBP
10p ordinary		Purchase		4,305		4.6260  GBP
10p ordinary		Purchase		3,136		4.6200  GBP
10p ordinary		Purchase		2,896		4.6211  GBP
10p ordinary		Purchase		2,776		4.6310  GBP
10p ordinary		Purchase		2,659		4.6151  GBP
10p ordinary		Purchase		2,258		4.6371  GBP
10p ordinary		Purchase		2,178		4.6171  GBP
10p ordinary		Purchase		2,112		4.6190  GBP
10p ordinary		Purchase		1,949		4.6228  GBP
10p ordinary		Purchase		1,632		4.5900  GBP
10p ordinary		Purchase		1,420		4.6174  GBP
10p ordinary		Purchase		606		4.6380  GBP
10p ordinary		Purchase		459		4.6060  GBP
10p ordinary		Purchase		236		4.6188  GBP
10p ordinary		Purchase		170		4.6297  GBP
10p ordinary		Purchase		60		4.6075  GBP
10p ordinary		Purchase		42		4.6161  GBP
10p ordinary		Purchase		3		4.6250  GBP
10p ordinary		Purchase		1		4.6080  GBP
10p ordinary		Sale		4,091,913		4.5900  GBP
10p ordinary		Sale		429,392		4.6360  GBP
10p ordinary		Sale		115,286		4.6171  GBP
10p ordinary		Sale		44,752		4.6159  GBP
10p ordinary		Sale		24,525		4.6182  GBP
10p ordinary		Sale		19,689		4.6355  GBP
10p ordinary		Sale		19,606		4.6186  GBP
10p ordinary		Sale		18,340		4.6369  GBP
10p ordinary		Sale		15,176		4.6121  GBP
10p ordinary		Sale		14,833		4.6207  GBP
10p ordinary		Sale		13,551		4.6342  GBP
10p ordinary		Sale		10,388		4.6265  GBP
10p ordinary		Sale		8,553		4.6311  GBP
10p ordinary		Sale		8,145		4.6200  GBP
10p ordinary		Sale		8,143		4.6180  GBP
10p ordinary		Sale		7,071		4.6384  GBP
10p ordinary		Sale		6,929		4.6321  GBP
10p ordinary		Sale		6,642		4.6183  GBP
10p ordinary		Sale		6,248		4.6147  GBP
10p ordinary		Sale		5,976		4.6404  GBP
10p ordinary		Sale		4,986		4.6395  GBP
10p ordinary		Sale		3,860		4.6185  GBP
10p ordinary		Sale		3,705		4.6162  GBP
10p ordinary		Sale		2,994		4.6129  GBP
10p ordinary		Sale		2,351		4.6280  GBP
10p ordinary		Sale		1,671		4.6190  GBP
10p ordinary		Sale		1,462		4.6040  GBP
10p ordinary		Sale		1,398		4.6174  GBP
10p ordinary		Sale		1,387		4.6380  GBP
10p ordinary		Sale		1,250		4.6120  GBP
10p ordinary		Sale		919		4.6099  GBP
10p ordinary		Sale		829		4.6160  GBP
10p ordinary		Sale		736		4.6260  GBP
10p ordinary		Sale		459		4.6060  GBP
10p ordinary		Sale		277		4.6396  GBP
10p ordinary		Sale		244		4.6192  GBP
10p ordinary		Sale		240		4.6410  GBP
10p ordinary		Sale		60		4.6080  GBP
10p ordinary		Sale		42		4.6165  GBP
10p ordinary		Sale		4		4.6212  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		517	4.5900  GBP
10p ordinary		SWAP		Decreasing Short		15,176	4.6121  GBP
10p ordinary		SWAP		Decreasing Short		1,671	4.6190  GBP
10p ordinary		SWAP		Decreasing Short		134	4.6260  GBP
10p ordinary		SWAP		Decreasing Short		86,415	4.6279  GBP
10p ordinary		SWAP		Decreasing Short		2,351	4.6280  GBP
10p ordinary		SWAP		Decreasing Short		167,530	4.6320  GBP
10p ordinary		SWAP		Decreasing Short		15,365	4.6350  GBP
10p ordinary		SWAP		Decreasing Short		810	4.6352  GBP
10p ordinary		SWAP		Decreasing Short		7,564	4.6353  GBP
10p ordinary		SWAP		Increasing Short		35,973	4.6180  GBP
10p ordinary		SWAP		Increasing Short		417	4.6200  GBP
10p ordinary		SWAP		Increasing Short		61,068	4.6204  GBP
10p ordinary		SWAP		Increasing Short		2,896	4.6211  GBP
10p ordinary		SWAP		Increasing Short		34,120	4.6213  GBP
10p ordinary		SWAP		Increasing Short		22,201	4.6242  GBP
10p ordinary		SWAP		Increasing Short		13,763	4.6249  GBP
10p ordinary		SWAP		Increasing Short		84,160	4.6358  GBP
10p ordinary		SWAP		Increasing Short		99,558	4.6360  GBP
10p ordinary		SWAP		Increasing Short		1,747	4.6368  GBP
10p ordinary		CFD		Decreasing Short		1,632	4.5900  GBP
10p ordinary		CFD		Decreasing Short		978	4.6148  GBP
10p ordinary		CFD		Decreasing Short		1	4.6200  GBP
10p ordinary		CFD		Decreasing Short		14	4.6357  GBP
10p ordinary		CFD		Increasing Short		23,469	4.6243  GBP
10p ordinary		CFD		Increasing Short		170	4.6297  GBP
10p ordinary		CFD		Increasing Short		14	4.6357  GBP
10p ordinary		CFD		Increasing Short		118,307	4.6359  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:				30 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END