Form 8.3 - Smith (DS) plc

Barclays PLC

15 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:				14 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:			28,768,524	2.08%	25,337,760	1.84%
(2)	Cash-settled derivatives:
	and/or controlled:			11,542,999	0.84%	27,965,309	2.03%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			40,311,523	2.92%	53,303,069	3.86%
(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		379,253		4.6884  GBP
10p ordinary		Purchase		168,341		4.7000  GBP
10p ordinary		Purchase		56,348		4.6748  GBP
10p ordinary		Purchase		45,133		4.6811  GBP
10p ordinary		Purchase		44,123		4.6995  GBP
10p ordinary		Purchase		42,936		4.6967  GBP
10p ordinary		Purchase		39,071		4.6746  GBP
10p ordinary		Purchase		38,126		4.6802  GBP
10p ordinary		Purchase		34,613		4.6781  GBP
10p ordinary		Purchase		20,781		4.6800  GBP
10p ordinary		Purchase		16,366		4.6771  GBP
10p ordinary		Purchase		14,211		4.6761  GBP
10p ordinary		Purchase		13,388		4.6997  GBP
10p ordinary		Purchase		11,465		4.6635  GBP
10p ordinary		Purchase		10,614		4.6796  GBP
10p ordinary		Purchase		8,621		4.6817  GBP
10p ordinary		Purchase		7,500		4.6740  GBP
10p ordinary		Purchase		7,293		4.6962  GBP
10p ordinary		Purchase		6,784		4.6687  GBP
10p ordinary		Purchase		6,005		4.6831  GBP
10p ordinary		Purchase		4,115		4.6784  GBP
10p ordinary		Purchase		3,748		4.6913  GBP
10p ordinary		Purchase		3,512		4.6755  GBP
10p ordinary		Purchase		2,648		4.6700  GBP
10p ordinary		Purchase		2,633		4.6682  GBP
10p ordinary		Purchase		2,589		4.6911  GBP
10p ordinary		Purchase		1,962		4.6813  GBP
10p ordinary		Purchase		1,453		4.6773  GBP
10p ordinary		Purchase		1,208		4.6920  GBP
10p ordinary		Purchase		1,208		4.6915  GBP
10p ordinary		Purchase		988		4.6847  GBP
10p ordinary		Purchase		808		4.6600  GBP
10p ordinary		Purchase		698		4.6870  GBP
10p ordinary		Purchase		658		4.7020  GBP
10p ordinary		Purchase		300		4.6816  GBP
10p ordinary		Purchase		18		4.6795  GBP
10p ordinary		Sale		286,526		4.6797  GBP
10p ordinary		Sale		176,668		4.6780  GBP
10p ordinary		Sale		141,790		4.7000  GBP
10p ordinary		Sale		140,922		4.6812  GBP
10p ordinary		Sale		73,212		4.6827  GBP
10p ordinary		Sale		72,972		4.6720  GBP
10p ordinary		Sale		57,203		4.6996  GBP
10p ordinary		Sale		42,936		4.6967  GBP
10p ordinary		Sale		34,613		4.6786  GBP
10p ordinary		Sale		33,061		4.6702  GBP
10p ordinary		Sale		27,837		4.6620  GBP
10p ordinary		Sale		20,780		4.6901  GBP
10p ordinary		Sale		14,078		4.6918  GBP
10p ordinary		Sale		12,973		4.7012  GBP
10p ordinary		Sale		8,740		4.6703  GBP
10p ordinary		Sale		8,621		4.6822  GBP
10p ordinary		Sale		7,576		4.6874  GBP
10p ordinary		Sale		6,081		4.6801  GBP
10p ordinary		Sale		6,005		4.6835  GBP
10p ordinary		Sale		5,069		4.6744  GBP
10p ordinary		Sale		3,711		4.6772  GBP
10p ordinary		Sale		3,293		4.6798  GBP
10p ordinary		Sale		2,793		4.6691  GBP
10p ordinary		Sale		2,633		4.6686  GBP
10p ordinary		Sale		2,053		4.6738  GBP
10p ordinary		Sale		1,480		4.6970  GBP
10p ordinary		Sale		1,412		4.6681  GBP
10p ordinary		Sale		1,208		4.6920  GBP
10p ordinary		Sale		1,152		4.6800  GBP
10p ordinary		Sale		658		4.7020  GBP
10p ordinary		Sale		17		4.6930  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		8,740	4.6703  GBP
10p ordinary		SWAP		Decreasing Short		36,252	4.6760  GBP
10p ordinary		SWAP		Decreasing Short		28,471	4.6794  GBP
10p ordinary		SWAP		Decreasing Short		286,526	4.6797  GBP
10p ordinary		SWAP		Decreasing Short		23,353	4.6804  GBP
10p ordinary		SWAP		Decreasing Short		140,922	4.6812  GBP
10p ordinary		SWAP		Decreasing Short		14,078	4.6918  GBP
10p ordinary		SWAP		Decreasing Short		6,462	4.6999  GBP
10p ordinary		SWAP		Decreasing Short		15,547	4.7000  GBP
10p ordinary		SWAP		Increasing Short		589	4.6700  GBP
10p ordinary		SWAP		Increasing Short		3,850	4.6750  GBP
10p ordinary		SWAP		Increasing Short		3,512	4.6755  GBP
10p ordinary		SWAP		Increasing Short		10,587	4.6761  GBP
10p ordinary		SWAP		Increasing Short		45,133	4.6811  GBP
10p ordinary		SWAP		Increasing Short		1,962	4.6813  GBP
10p ordinary		SWAP		Increasing Short		49,661	4.6857  GBP
10p ordinary		SWAP		Increasing Short		2,589	4.6911  GBP
10p ordinary		SWAP		Increasing Short		18,114	4.6981  GBP
10p ordinary		SWAP		Increasing Short		6,901	4.7000  GBP
10p ordinary		CFD		Decreasing Short		672	4.6537  GBP
10p ordinary		CFD		Decreasing Short		473	4.7000  GBP
10p ordinary		CFD		Increasing Short		163,348	4.6785  GBP
10p ordinary		CFD		Increasing Short		300	4.6816  GBP
10p ordinary		CFD		Increasing Short		2,026	4.6938  GBP
10p ordinary		CFD		Increasing Short		152,803	4.7000  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:				15 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END