Form 8.3 - Smith (DS) plc

Barclays PLC

22 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:				21 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:			26,864,080	1.94%	25,233,464	1.83%
(2)	Cash-settled derivatives:
	and/or controlled:			11,484,086	0.83%	26,152,034	1.89%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			38,348,166	2.77%	51,385,498	3.72%
(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		162,550		4.5473  GBP
10p ordinary		Purchase		146,411		4.5282  GBP
10p ordinary		Purchase		123,490		4.5441  GBP
10p ordinary		Purchase		92,178		4.5425  GBP
10p ordinary		Purchase		86,500		4.5760  GBP
10p ordinary		Purchase		83,322		4.5620  GBP
10p ordinary		Purchase		76,910		4.5757  GBP
10p ordinary		Purchase		70,699		4.5267  GBP
10p ordinary		Purchase		69,114		4.5300  GBP
10p ordinary		Purchase		56,555		4.5683  GBP
10p ordinary		Purchase		44,907		4.5653  GBP
10p ordinary		Purchase		26,190		4.5477  GBP
10p ordinary		Purchase		21,893		4.5400  GBP
10p ordinary		Purchase		19,712		4.5509  GBP
10p ordinary		Purchase		17,002		4.5647  GBP
10p ordinary		Purchase		16,318		4.5454  GBP
10p ordinary		Purchase		15,411		4.5600  GBP
10p ordinary		Purchase		10,570		4.5340  GBP
10p ordinary		Purchase		7,266		4.5673  GBP
10p ordinary		Purchase		6,598		4.5263  GBP
10p ordinary		Purchase		6,581		4.5488  GBP
10p ordinary		Purchase		6,543		4.5227  GBP
10p ordinary		Purchase		5,219		4.5000  GBP
10p ordinary		Purchase		5,113		4.5531  GBP
10p ordinary		Purchase		4,505		4.5665  GBP
10p ordinary		Purchase		3,274		4.5579  GBP
10p ordinary		Purchase		3,172		4.5576  GBP
10p ordinary		Purchase		2,955		4.5472  GBP
10p ordinary		Purchase		1,946		4.5448  GBP
10p ordinary		Purchase		1,812		4.5395  GBP
10p ordinary		Purchase		1,604		4.5520  GBP
10p ordinary		Purchase		1,583		4.5440  GBP
10p ordinary		Purchase		1,351		4.5700  GBP
10p ordinary		Purchase		765		4.5690  GBP
10p ordinary		Purchase		682		4.5560  GBP
10p ordinary		Purchase		635		4.5480  GBP
10p ordinary		Purchase		619		4.5580  GBP
10p ordinary		Purchase		265		4.5360  GBP
10p ordinary		Sale		288,898		4.5443  GBP
10p ordinary		Sale		174,739		4.5729  GBP
10p ordinary		Sale		152,954		4.5280  GBP
10p ordinary		Sale		141,537		4.5494  GBP
10p ordinary		Sale		91,353		4.5594  GBP
10p ordinary		Sale		83,393		4.5674  GBP
10p ordinary		Sale		81,209		4.5760  GBP
10p ordinary		Sale		70,699		4.5267  GBP
10p ordinary		Sale		56,613		4.5300  GBP
10p ordinary		Sale		42,696		4.5612  GBP
10p ordinary		Sale		35,407		4.5562  GBP
10p ordinary		Sale		29,840		4.5582  GBP
10p ordinary		Sale		28,703		4.5645  GBP
10p ordinary		Sale		24,408		4.5588  GBP
10p ordinary		Sale		24,139		4.5627  GBP
10p ordinary		Sale		22,580		4.5731  GBP
10p ordinary		Sale		19,099		4.5287  GBP
10p ordinary		Sale		15,652		4.5488  GBP
10p ordinary		Sale		12,462		4.5660  GBP
10p ordinary		Sale		10,275		4.5545  GBP
10p ordinary		Sale		8,880		4.5532  GBP
10p ordinary		Sale		8,468		4.5603  GBP
10p ordinary		Sale		6,900		4.5686  GBP
10p ordinary		Sale		6,848		4.5475  GBP
10p ordinary		Sale		6,098		4.5509  GBP
10p ordinary		Sale		5,219		4.5000  GBP
10p ordinary		Sale		4,587		4.5440  GBP
10p ordinary		Sale		2,800		4.5406  GBP
10p ordinary		Sale		2,753		4.5372  GBP
10p ordinary		Sale		2,464		4.5480  GBP
10p ordinary		Sale		2,138		4.5522  GBP
10p ordinary		Sale		1,995		4.5365  GBP
10p ordinary		Sale		984		4.5377  GBP
10p ordinary		Sale		981		4.5622  GBP
10p ordinary		Sale		821		4.5520  GBP
10p ordinary		Sale		776		4.5650  GBP
10p ordinary		Sale		762		4.5596  GBP
10p ordinary		Sale		682		4.5560  GBP
10p ordinary		Sale		678		4.5460  GBP
10p ordinary		Sale		487		4.5635  GBP
10p ordinary		Sale		434		4.5700  GBP
10p ordinary		Sale		362		4.5380  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		328	4.5379  GBP
10p ordinary		SWAP		Decreasing Short		2,800	4.5406  GBP
10p ordinary		SWAP		Decreasing Short		141,537	4.5494  GBP
10p ordinary		SWAP		Decreasing Short		19,455	4.5524  GBP
10p ordinary		SWAP		Decreasing Short		15,811	4.5560  GBP
10p ordinary		SWAP		Decreasing Short		29,840	4.5583  GBP
10p ordinary		SWAP		Decreasing Short		762	4.5596  GBP
10p ordinary		SWAP		Decreasing Short		42,696	4.5612  GBP
10p ordinary		SWAP		Decreasing Short		111,075	4.5635  GBP
10p ordinary		SWAP		Decreasing Short		60,000	4.5650  GBP
10p ordinary		SWAP		Decreasing Short		22,580	4.5731  GBP
10p ordinary		SWAP		Decreasing Short		3,537	4.5751  USD
10p ordinary		SWAP		Decreasing Short		35,139	4.5756  GBP
10p ordinary		SWAP		Decreasing Short		10,440	4.5760  GBP
10p ordinary		SWAP		Decreasing Short		5,313	4.5815  GBP
10p ordinary		SWAP		Increasing Short		669	4.5440  GBP
10p ordinary		SWAP		Increasing Short		1,946	4.5448  GBP
10p ordinary		SWAP		Increasing Short		26,190	4.5477  GBP
10p ordinary		SWAP		Increasing Short		326	4.5518  GBP
10p ordinary		SWAP		Increasing Short		3,172	4.5576  GBP
10p ordinary		SWAP		Increasing Short		6,146	4.5580  GBP
10p ordinary		SWAP		Increasing Short		19,880	4.5620  GBP
10p ordinary		SWAP		Increasing Short		25,123	4.5653  GBP
10p ordinary		SWAP		Increasing Short		60,432	4.5683  GBP
10p ordinary		SWAP		Increasing Short		7,390	4.5760  GBP
10p ordinary		SWAP		Increasing Short		50,000	4.6007  USD
10p ordinary		SWAP		Increasing Short		70,000	4.6135  USD
10p ordinary		SWAP		Increasing Short		74,800	4.6144  USD
10p ordinary		CFD		Decreasing Short		5,219	4.5000  GBP
10p ordinary		CFD		Decreasing Short		3,770	4.5477  GBP
10p ordinary		CFD		Increasing Short		80,000	4.5303  GBP
10p ordinary		CFD		Increasing Short		753	4.5502  GBP
10p ordinary		CFD		Increasing Short		1,417	4.5614  GBP
10p ordinary		CFD		Increasing Short		35,164	4.5759  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:				22 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END