Form 8.3 - Smith (DS) plc

Barclays PLC

08 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:				07 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:			28,432,433	2.06%	25,362,363	1.84%
(2)	Cash-settled derivatives:
	and/or controlled:			11,592,350	0.84%	27,335,157	1.98%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			40,024,783	2.90%	52,697,520	3.82%
(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		349,044		4.5896  GBP
10p ordinary		Purchase		300,000		4.5901  GBP
10p ordinary		Purchase		300,000		4.5940  GBP
10p ordinary		Purchase		250,391		4.5649  GBP
10p ordinary		Purchase		95,391		4.5600  GBP
10p ordinary		Purchase		68,985		4.5895  GBP
10p ordinary		Purchase		60,309		4.5702  GBP
10p ordinary		Purchase		57,719		4.5949  GBP
10p ordinary		Purchase		21,034		4.5657  GBP
10p ordinary		Purchase		18,358		4.5915  GBP
10p ordinary		Purchase		15,815		4.5957  GBP
10p ordinary		Purchase		14,163		4.5869  GBP
10p ordinary		Purchase		10,372		4.5928  GBP
10p ordinary		Purchase		9,936		4.5800  GBP
10p ordinary		Purchase		7,912		4.6055  GBP
10p ordinary		Purchase		6,574		4.6027  GBP
10p ordinary		Purchase		5,949		4.6074  GBP
10p ordinary		Purchase		4,949		4.6070  GBP
10p ordinary		Purchase		3,851		4.6105  GBP
10p ordinary		Purchase		2,756		4.5786  GBP
10p ordinary		Purchase		2,666		4.5968  GBP
10p ordinary		Purchase		2,650		4.5838  GBP
10p ordinary		Purchase		2,587		4.5905  GBP
10p ordinary		Purchase		2,282		4.5840  GBP
10p ordinary		Purchase		2,267		4.5868  GBP
10p ordinary		Purchase		1,043		4.6060  GBP
10p ordinary		Purchase		896		4.6079  GBP
10p ordinary		Purchase		745		4.5860  GBP
10p ordinary		Purchase		347		4.5880  GBP
10p ordinary		Purchase		96		4.6020  GBP
10p ordinary		Sale		1,137,308		4.5841  GBP
10p ordinary		Sale		568,985		4.5900  GBP
10p ordinary		Sale		227,179		4.5762  GBP
10p ordinary		Sale		214,396		4.5777  GBP
10p ordinary		Sale		113,475		4.5930  GBP
10p ordinary		Sale		100,228		4.5914  GBP
10p ordinary		Sale		96,979		4.5908  GBP
10p ordinary		Sale		71,040		4.5957  GBP
10p ordinary		Sale		61,660		4.5898  GBP
10p ordinary		Sale		56,067		4.5600  GBP
10p ordinary		Sale		53,114		4.5590  GBP
10p ordinary		Sale		28,938		4.5901  GBP
10p ordinary		Sale		28,891		4.5969  GBP
10p ordinary		Sale		26,943		4.5870  GBP
10p ordinary		Sale		19,839		4.5920  GBP
10p ordinary		Sale		17,524		4.5857  GBP
10p ordinary		Sale		15,815		4.5962  GBP
10p ordinary		Sale		15,803		4.5964  GBP
10p ordinary		Sale		15,600		4.5796  GBP
10p ordinary		Sale		12,317		4.5922  GBP
10p ordinary		Sale		10,813		4.6030  GBP
10p ordinary		Sale		9,458		4.5816  GBP
10p ordinary		Sale		9,362		4.5975  GBP
10p ordinary		Sale		9,332		4.6020  GBP
10p ordinary		Sale		9,287		4.5944  GBP
10p ordinary		Sale		9,132		4.5675  GBP
10p ordinary		Sale		7,912		4.6059  GBP
10p ordinary		Sale		7,458		4.5835  GBP
10p ordinary		Sale		5,961		4.5931  GBP
10p ordinary		Sale		5,805		4.5840  GBP
10p ordinary		Sale		4,012		4.5932  GBP
10p ordinary		Sale		3,851		4.6109  GBP
10p ordinary		Sale		3,764		4.6010  GBP
10p ordinary		Sale		3,283		4.6215  GBP
10p ordinary		Sale		3,072		4.5935  GBP
10p ordinary		Sale		2,491		4.5887  GBP
10p ordinary		Sale		2,440		4.5924  GBP
10p ordinary		Sale		2,353		4.5798  GBP
10p ordinary		Sale		2,169		4.5895  GBP
10p ordinary		Sale		1,819		4.5849  GBP
10p ordinary		Sale		1,043		4.6060  GBP
10p ordinary		Sale		896		4.6079  GBP
10p ordinary		Sale		745		4.5860  GBP
10p ordinary		Sale		595		4.5800  GBP
10p ordinary		Sale		520		4.5939  GBP
10p ordinary		Sale		413		4.6094  GBP
10p ordinary		Sale		347		4.5884  GBP
10p ordinary		Sale		16		4.6100  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		1,717,907	4.5788  USD
10p ordinary		SWAP		Decreasing Short		1,568,093	4.6296  USD
10p ordinary		SWAP		Decreasing Short		53,114	4.5590  GBP
10p ordinary		SWAP		Decreasing Short		57,969	4.5600  GBP
10p ordinary		SWAP		Decreasing Short		143,565	4.5780  GBP
10p ordinary		SWAP		Decreasing Short		38,513	4.5887  GBP
10p ordinary		SWAP		Decreasing Short		2,169	4.5895  GBP
10p ordinary		SWAP		Decreasing Short		96,979	4.5908  GBP
10p ordinary		SWAP		Decreasing Short		100,228	4.5914  GBP
10p ordinary		SWAP		Decreasing Short		4,012	4.5932  GBP
10p ordinary		SWAP		Decreasing Short		3,072	4.5935  GBP
10p ordinary		SWAP		Decreasing Short		29,596	4.5943  GBP
10p ordinary		SWAP		Decreasing Short		71,040	4.5957  GBP
10p ordinary		SWAP		Decreasing Short		38	4.6640  GBP
10p ordinary		SWAP		Increasing Short		219,346	4.5600  GBP
10p ordinary		SWAP		Increasing Short		4,268	4.5669  GBP
10p ordinary		SWAP		Increasing Short		5,195	4.5765  GBP
10p ordinary		SWAP		Increasing Short		11,737	4.5766  GBP
10p ordinary		SWAP		Increasing Short		2,267	4.5868  GBP
10p ordinary		SWAP		Increasing Short		14,163	4.5869  GBP
10p ordinary		SWAP		Increasing Short		300,000	4.5901  GBP
10p ordinary		SWAP		Increasing Short		300,000	4.5939  GBP
10p ordinary		SWAP		Increasing Short		57,719	4.5949  GBP
10p ordinary		SWAP		Increasing Short		15,518	4.5966  GBP
10p ordinary		SWAP		Increasing Short		30,120	4.5992  GBP
10p ordinary		SWAP		Increasing Short		6,574	4.6027  GBP
10p ordinary		SWAP		Increasing Short		978	4.6112  GBP
10p ordinary		CFD		Decreasing Short		29,171	4.5600  GBP
10p ordinary		CFD		Decreasing Short		4,910	4.5866  GBP
10p ordinary		CFD		Increasing Short		481	4.5600  GBP
10p ordinary		CFD		Increasing Short		374	4.5732  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:				08 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END