Form 8.3 - Smith (DS) plc

Barclays PLC

24 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:				23 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:			26,343,385	1.90%	25,494,555	1.85%
(2)	Cash-settled derivatives:
	and/or controlled:			11,739,122	0.85%	25,783,849	1.87%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			38,082,507	2.75%	51,278,404	3.71%
(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		273,945		4.6969  GBP
10p ordinary		Purchase		179,988		4.7421  GBP
10p ordinary		Purchase		142,383		4.7740  GBP
10p ordinary		Purchase		91,188		4.6383  GBP
10p ordinary		Purchase		82,756		4.6389  GBP
10p ordinary		Purchase		64,343		4.6411  GBP
10p ordinary		Purchase		45,477		4.6255  GBP
10p ordinary		Purchase		37,178		4.6354  GBP
10p ordinary		Purchase		35,890		4.6971  GBP
10p ordinary		Purchase		32,583		4.6379  GBP
10p ordinary		Purchase		31,368		4.6436  GBP
10p ordinary		Purchase		31,275		4.7124  GBP
10p ordinary		Purchase		22,881		4.7716  GBP
10p ordinary		Purchase		22,565		4.6706  GBP
10p ordinary		Purchase		20,626		4.6438  GBP
10p ordinary		Purchase		18,917		4.7749  GBP
10p ordinary		Purchase		18,503		4.7987  GBP
10p ordinary		Purchase		14,370		4.6803  GBP
10p ordinary		Purchase		13,436		4.6592  GBP
10p ordinary		Purchase		12,886		4.6399  GBP
10p ordinary		Purchase		11,538		4.6522  GBP
10p ordinary		Purchase		10,986		4.7085  GBP
10p ordinary		Purchase		10,459		4.6926  GBP
10p ordinary		Purchase		10,440		4.6335  GBP
10p ordinary		Purchase		10,037		4.6442  GBP
10p ordinary		Purchase		9,581		4.6672  GBP
10p ordinary		Purchase		7,563		4.6376  GBP
10p ordinary		Purchase		6,661		4.6463  GBP
10p ordinary		Purchase		5,770		4.6391  GBP
10p ordinary		Purchase		4,034		4.6400  GBP
10p ordinary		Purchase		4,022		4.6682  GBP
10p ordinary		Purchase		3,699		4.6341  GBP
10p ordinary		Purchase		3,645		4.6390  GBP
10p ordinary		Purchase		3,058		4.6412  GBP
10p ordinary		Purchase		2,832		4.6983  GBP
10p ordinary		Purchase		2,749		4.6448  GBP
10p ordinary		Purchase		2,508		4.6373  GBP
10p ordinary		Purchase		1,759		4.7679  GBP
10p ordinary		Purchase		1,412		4.6380  GBP
10p ordinary		Purchase		1,409		4.7273  GBP
10p ordinary		Purchase		1,070		4.6420  GBP
10p ordinary		Purchase		1,056		4.6300  GBP
10p ordinary		Purchase		783		4.6600  GBP
10p ordinary		Purchase		778		4.7080  GBP
10p ordinary		Purchase		712		4.6360  GBP
10p ordinary		Purchase		677		4.6580  GBP
10p ordinary		Purchase		652		4.7240  GBP
10p ordinary		Purchase		639		4.6440  GBP
10p ordinary		Purchase		637		4.7100  GBP
10p ordinary		Purchase		592		4.7640  GBP
10p ordinary		Purchase		479		4.6180  GBP
10p ordinary		Purchase		427		4.6880  GBP
10p ordinary		Purchase		378		4.7960  GBP
10p ordinary		Purchase		240		4.6260  GBP
10p ordinary		Purchase		150		4.7920  GBP
10p ordinary		Purchase		47		4.7767  GBP
10p ordinary		Sale		575,529		4.6901  GBP
10p ordinary		Sale		354,722		4.7740  GBP
10p ordinary		Sale		134,584		4.6865  GBP
10p ordinary		Sale		133,308		4.7675  GBP
10p ordinary		Sale		98,951		4.6365  GBP
10p ordinary		Sale		70,627		4.7625  GBP
10p ordinary		Sale		59,930		4.7497  GBP
10p ordinary		Sale		58,433		4.7044  GBP
10p ordinary		Sale		51,525		4.7484  GBP
10p ordinary		Sale		51,142		4.6359  GBP
10p ordinary		Sale		40,000		4.6409  GBP
10p ordinary		Sale		24,360		4.7730  GBP
10p ordinary		Sale		18,503		4.7987  GBP
10p ordinary		Sale		17,748		4.7280  GBP
10p ordinary		Sale		13,521		4.6400  GBP
10p ordinary		Sale		13,283		4.6903  GBP
10p ordinary		Sale		10,360		4.6419  GBP
10p ordinary		Sale		10,172		4.7385  GBP
10p ordinary		Sale		9,756		4.6442  GBP
10p ordinary		Sale		6,200		4.6372  GBP
10p ordinary		Sale		5,770		4.6391  GBP
10p ordinary		Sale		5,360		4.7110  GBP
10p ordinary		Sale		5,096		4.7277  GBP
10p ordinary		Sale		5,087		4.7127  GBP
10p ordinary		Sale		4,597		4.7093  GBP
10p ordinary		Sale		4,539		4.6653  GBP
10p ordinary		Sale		4,405		4.6772  GBP
10p ordinary		Sale		4,287		4.6381  GBP
10p ordinary		Sale		3,669		4.7416  GBP
10p ordinary		Sale		3,533		4.6830  GBP
10p ordinary		Sale		2,599		4.7105  GBP
10p ordinary		Sale		2,417		4.7042  GBP
10p ordinary		Sale		1,412		4.6380  GBP
10p ordinary		Sale		1,310		4.6610  GBP
10p ordinary		Sale		960		4.7424  GBP
10p ordinary		Sale		778		4.7080  GBP
10p ordinary		Sale		712		4.6360  GBP
10p ordinary		Sale		683		4.7860  GBP
10p ordinary		Sale		677		4.6580  GBP
10p ordinary		Sale		652		4.7240  GBP
10p ordinary		Sale		639		4.6440  GBP
10p ordinary		Sale		601		4.7794  GBP
10p ordinary		Sale		592		4.7640  GBP
10p ordinary		Sale		479		4.6180  GBP
10p ordinary		Sale		378		4.7960  GBP
10p ordinary		Sale		342		4.6401  GBP
10p ordinary		Sale		309		4.6361  GBP
10p ordinary		Sale		281		4.6447  GBP
10p ordinary		Sale		262		4.8080  GBP
10p ordinary		Sale		240		4.6260  GBP
10p ordinary		Sale		8		4.6604  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		Increasing Long		28,714	4.7391  GBP
10p ordinary		SWAP		Decreasing Short		59	4.6180  GBP
10p ordinary		SWAP		Decreasing Short		11,693	4.6722  GBP
10p ordinary		SWAP		Decreasing Short		31,504	4.6746  GBP
10p ordinary		SWAP		Decreasing Short		4,405	4.6772  GBP
10p ordinary		SWAP		Decreasing Short		134,584	4.6865  GBP
10p ordinary		SWAP		Decreasing Short		58,433	4.7044  GBP
10p ordinary		SWAP		Decreasing Short		4,597	4.7093  GBP
10p ordinary		SWAP		Decreasing Short		2,599	4.7105  GBP
10p ordinary		SWAP		Decreasing Short		652	4.7240  GBP
10p ordinary		SWAP		Decreasing Short		31,114	4.7349  GBP
10p ordinary		SWAP		Decreasing Short		45,861	4.7382  GBP
10p ordinary		SWAP		Decreasing Short		70,627	4.7625  GBP
10p ordinary		SWAP		Decreasing Short		24,360	4.7730  GBP
10p ordinary		SWAP		Decreasing Short		345,885	4.7740  GBP
10p ordinary		SWAP		Increasing Short		1,056	4.6300  GBP
10p ordinary		SWAP		Increasing Short		435	4.6420  GBP
10p ordinary		SWAP		Increasing Short		2,832	4.6983  GBP
10p ordinary		SWAP		Increasing Short		31,275	4.7125  GBP
10p ordinary		SWAP		Increasing Short		11,322	4.7670  GBP
10p ordinary		SWAP		Increasing Short		1,759	4.7679  GBP
10p ordinary		SWAP		Increasing Short		66,851	4.7740  GBP
10p ordinary		SWAP		Increasing Short		18,917	4.7749  GBP
10p ordinary		CFD		Decreasing Short		479	4.6179  GBP
10p ordinary		CFD		Decreasing Short		288	4.7077  GBP
10p ordinary		CFD		Decreasing Short		19,794	4.7739  GBP
10p ordinary		CFD		Increasing Short		144,065	4.6407  GBP
10p ordinary		CFD		Increasing Short		36,639	4.6471  GBP
10p ordinary		CFD		Increasing Short		3,613	4.7357  GBP
10p ordinary		CFD		Increasing Short		1,291	4.7739  GBP
10p ordinary		CFD		Increasing Short		36,814	4.7740  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:				24 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END