Form 8.3 - Smith (DS) plc

Barclays PLC

03 October 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:				02 Oct 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:			32,598,481	2.36%	31,008,062	2.25%
(2)	Cash-settled derivatives:
	and/or controlled:			11,236,915	0.81%	31,080,402	2.25%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			43,835,396	3.18%	62,088,464	4.50%
(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		267,599		4.6605  GBP
10p ordinary		Purchase		108,827		4.6449  GBP
10p ordinary		Purchase		69,147		4.6613  GBP
10p ordinary		Purchase		58,753		4.6620  GBP
10p ordinary		Purchase		55,471		4.6679  GBP
10p ordinary		Purchase		41,534		4.6514  GBP
10p ordinary		Purchase		40,125		4.6553  GBP
10p ordinary		Purchase		20,984		4.6181  GBP
10p ordinary		Purchase		14,312		4.6208  GBP
10p ordinary		Purchase		13,054		4.6526  GBP
10p ordinary		Purchase		10,654		4.6406  GBP
10p ordinary		Purchase		9,277		4.6693  GBP
10p ordinary		Purchase		7,683		4.6728  GBP
10p ordinary		Purchase		7,218		4.6673  GBP
10p ordinary		Purchase		5,820		4.6180  GBP
10p ordinary		Purchase		5,674		4.6702  GBP
10p ordinary		Purchase		5,643		4.6253  GBP
10p ordinary		Purchase		4,774		4.6749  GBP
10p ordinary		Purchase		4,512		4.6587  GBP
10p ordinary		Purchase		4,214		4.6625  GBP
10p ordinary		Purchase		3,739		4.6203  GBP
10p ordinary		Purchase		3,351		4.6185  GBP
10p ordinary		Purchase		3,254		4.6733  GBP
10p ordinary		Purchase		3,097		4.6769  GBP
10p ordinary		Purchase		3,035		4.5916  GBP
10p ordinary		Purchase		2,744		4.6166  GBP
10p ordinary		Purchase		2,739		4.6704  GBP
10p ordinary		Purchase		2,458		4.6246  GBP
10p ordinary		Purchase		2,141		4.6798  GBP
10p ordinary		Purchase		2,127		4.6112  GBP
10p ordinary		Purchase		1,984		4.6656  GBP
10p ordinary		Purchase		1,849		4.6300  GBP
10p ordinary		Purchase		1,724		4.6700  GBP
10p ordinary		Purchase		1,617		4.6200  GBP
10p ordinary		Purchase		1,553		4.6551  GBP
10p ordinary		Purchase		1,438		4.6260  GBP
10p ordinary		Purchase		1,292		4.6860  GBP
10p ordinary		Purchase		1,289		4.6220  GBP
10p ordinary		Purchase		1,268		4.6123  GBP
10p ordinary		Purchase		1,224		4.6269  GBP
10p ordinary		Purchase		1,109		4.6320  GBP
10p ordinary		Purchase		1,042		4.6130  GBP
10p ordinary		Purchase		718		4.6120  GBP
10p ordinary		Purchase		670		4.6080  GBP
10p ordinary		Purchase		655		4.6175  GBP
10p ordinary		Purchase		650		4.6160  GBP
10p ordinary		Purchase		438		4.6356  GBP
10p ordinary		Purchase		284		4.6900  GBP
10p ordinary		Purchase		232		4.6697  GBP
10p ordinary		Purchase		161		4.6650  GBP
10p ordinary		Sale		809,000		4.6674  GBP
10p ordinary		Sale		404,500		4.6603  GBP
10p ordinary		Sale		190,434		4.6505  GBP
10p ordinary		Sale		94,633		4.6620  GBP
10p ordinary		Sale		76,747		4.6613  GBP
10p ordinary		Sale		75,000		4.6177  GBP
10p ordinary		Sale		71,266		4.6528  GBP
10p ordinary		Sale		66,361		4.6729  GBP
10p ordinary		Sale		62,433		4.6627  GBP
10p ordinary		Sale		60,295		4.6551  GBP
10p ordinary		Sale		55,848		4.6536  GBP
10p ordinary		Sale		55,750		4.6420  GBP
10p ordinary		Sale		42,515		4.6465  GBP
10p ordinary		Sale		37,410		4.6693  GBP
10p ordinary		Sale		27,875		4.6540  GBP
10p ordinary		Sale		27,875		4.6200  GBP
10p ordinary		Sale		23,434		4.6514  GBP
10p ordinary		Sale		19,935		4.6610  GBP
10p ordinary		Sale		18,030		4.6501  GBP
10p ordinary		Sale		16,145		4.6622  GBP
10p ordinary		Sale		13,437		4.6479  GBP
10p ordinary		Sale		13,054		4.6531  GBP
10p ordinary		Sale		10,654		4.6411  GBP
10p ordinary		Sale		10,455		4.6406  GBP
10p ordinary		Sale		10,036		4.6507  GBP
10p ordinary		Sale		8,560		4.6537  GBP
10p ordinary		Sale		6,475		4.6180  GBP
10p ordinary		Sale		5,485		4.6308  GBP
10p ordinary		Sale		4,512		4.6592  GBP
10p ordinary		Sale		3,332		4.6643  GBP
10p ordinary		Sale		3,313		4.6396  GBP
10p ordinary		Sale		2,751		4.6590  GBP
10p ordinary		Sale		1,786		4.6340  GBP
10p ordinary		Sale		1,742		4.6260  GBP
10p ordinary		Sale		1,700		4.6423  GBP
10p ordinary		Sale		1,318		4.6512  GBP
10p ordinary		Sale		1,290		4.6638  GBP
10p ordinary		Sale		1,253		4.6300  GBP
10p ordinary		Sale		1,109		4.6320  GBP
10p ordinary		Sale		1,109		4.6324  GBP
10p ordinary		Sale		944		4.6619  GBP
10p ordinary		Sale		843		4.6220  GBP
10p ordinary		Sale		830		4.6160  GBP
10p ordinary		Sale		718		4.6120  GBP
10p ordinary		Sale		694		4.6690  GBP
10p ordinary		Sale		670		4.6080  GBP
10p ordinary		Sale		70		4.6630  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		5,485	4.6308  GBP
10p ordinary		SWAP		Decreasing Short		52	4.6340  GBP
10p ordinary		SWAP		Decreasing Short		1,700	4.6423  GBP
10p ordinary		SWAP		Decreasing Short		190,434	4.6505  GBP
10p ordinary		SWAP		Decreasing Short		31,966	4.6509  GBP
10p ordinary		SWAP		Decreasing Short		47,699	4.6521  GBP
10p ordinary		SWAP		Decreasing Short		71,266	4.6528  GBP
10p ordinary		SWAP		Decreasing Short		404,500	4.6603  GBP
10p ordinary		SWAP		Decreasing Short		19,935	4.6610  GBP
10p ordinary		SWAP		Decreasing Short		7,600	4.6613  GBP
10p ordinary		SWAP		Decreasing Short		23,223	4.6619  GBP
10p ordinary		SWAP		Decreasing Short		4,250	4.6620  GBP
10p ordinary		SWAP		Decreasing Short		809,000	4.6674  GBP
10p ordinary		SWAP		Decreasing Short		37,410	4.6693  GBP
10p ordinary		SWAP		Decreasing Short		33,171	4.6702  GBP
10p ordinary		SWAP		Increasing Short		2,458	4.6246  GBP
10p ordinary		SWAP		Increasing Short		438	4.6356  GBP
10p ordinary		SWAP		Increasing Short		6,308	4.6595  GBP
10p ordinary		SWAP		Increasing Short		174,606	4.6600  GBP
10p ordinary		SWAP		Increasing Short		18,261	4.6620  GBP
10p ordinary		SWAP		Increasing Short		1,521	4.6625  GBP
10p ordinary		SWAP		Increasing Short		7,218	4.6673  GBP
10p ordinary		SWAP		Increasing Short		5,674	4.6702  GBP
10p ordinary		SWAP		Increasing Short		284	4.6900  GBP
10p ordinary		CFD		Decreasing Short		1,018,493	4.6620  GBP
10p ordinary		CFD		Increasing Short		69,147	4.6613  GBP
10p ordinary		CFD		Increasing Short		1,018,493	4.6620  GBP
10p ordinary		CFD		Increasing Short		35	4.6682  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:				03 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END