Form 8.3 - Smith (DS) plc

Barclays PLC

14 November 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:				13 Nov 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:			24,246,947	1.75%	23,113,415	1.67%
(2)	Cash-settled derivatives:
	and/or controlled:			11,970,516	0.87%	23,250,309	1.68%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			36,217,463	2.62%	46,363,724	3.35%
(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		414,837		5.6250  GBP
10p ordinary		Purchase		325,985		5.6044  GBP
10p ordinary		Purchase		209,680		5.6132  GBP
10p ordinary		Purchase		151,118		5.6063  GBP
10p ordinary		Purchase		140,990		5.6207  GBP
10p ordinary		Purchase		113,042		5.6400  GBP
10p ordinary		Purchase		79,828		5.5902  GBP
10p ordinary		Purchase		51,876		5.6056  GBP
10p ordinary		Purchase		33,323		5.6351  GBP
10p ordinary		Purchase		30,489		5.5939  GBP
10p ordinary		Purchase		24,059		5.6130  GBP
10p ordinary		Purchase		23,307		5.5750  GBP
10p ordinary		Purchase		21,984		5.6146  GBP
10p ordinary		Purchase		17,611		5.6029  GBP
10p ordinary		Purchase		13,430		5.6235  GBP
10p ordinary		Purchase		12,477		5.6049  GBP
10p ordinary		Purchase		11,805		5.6015  GBP
10p ordinary		Purchase		11,227		5.6293  GBP
10p ordinary		Purchase		10,562		5.6178  GBP
10p ordinary		Purchase		9,699		5.6284  GBP
10p ordinary		Purchase		9,660		5.6239  GBP
10p ordinary		Purchase		9,117		5.5769  GBP
10p ordinary		Purchase		8,109		5.6249  GBP
10p ordinary		Purchase		6,139		5.6212  GBP
10p ordinary		Purchase		6,054		5.5582  GBP
10p ordinary		Purchase		4,903		5.6194  GBP
10p ordinary		Purchase		4,760		5.6075  GBP
10p ordinary		Purchase		4,529		5.5638  GBP
10p ordinary		Purchase		3,854		5.5786  GBP
10p ordinary		Purchase		3,489		5.6294  GBP
10p ordinary		Purchase		3,433		5.6269  GBP
10p ordinary		Purchase		2,619		5.6364  GBP
10p ordinary		Purchase		2,441		5.5631  GBP
10p ordinary		Purchase		2,338		5.6300  GBP
10p ordinary		Purchase		2,270		5.6204  GBP
10p ordinary		Purchase		2,124		5.5700  GBP
10p ordinary		Purchase		1,982		5.6417  GBP
10p ordinary		Purchase		1,813		5.5650  GBP
10p ordinary		Purchase		1,449		5.6376  GBP
10p ordinary		Purchase		1,397		5.5816  GBP
10p ordinary		Purchase		1,394		5.5800  GBP
10p ordinary		Purchase		1,288		5.6000  GBP
10p ordinary		Purchase		1,216		5.5600  GBP
10p ordinary		Purchase		1,123		5.5950  GBP
10p ordinary		Purchase		1,048		5.5594  GBP
10p ordinary		Purchase		703		5.5775  GBP
10p ordinary		Purchase		528		5.6150  GBP
10p ordinary		Purchase		430		5.5925  GBP
10p ordinary		Purchase		390		5.5850  GBP
10p ordinary		Sale		200,444		5.6158  GBP
10p ordinary		Sale		135,591		5.6048  GBP
10p ordinary		Sale		117,864		5.5919  GBP
10p ordinary		Sale		94,148		5.6193  GBP
10p ordinary		Sale		72,895		5.6067  GBP
10p ordinary		Sale		71,911		5.5900  GBP
10p ordinary		Sale		62,038		5.6231  GBP
10p ordinary		Sale		54,282		5.5965  GBP
10p ordinary		Sale		32,545		5.6144  GBP
10p ordinary		Sale		24,723		5.6250  GBP
10p ordinary		Sale		24,437		5.6106  GBP
10p ordinary		Sale		23,889		5.6198  GBP
10p ordinary		Sale		21,798		5.5863  GBP
10p ordinary		Sale		20,125		5.6130  GBP
10p ordinary		Sale		17,554		5.5803  GBP
10p ordinary		Sale		17,029		5.5877  GBP
10p ordinary		Sale		16,540		5.6103  GBP
10p ordinary		Sale		15,575		5.5751  GBP
10p ordinary		Sale		14,379		5.6083  GBP
10p ordinary		Sale		11,805		5.6015  GBP
10p ordinary		Sale		10,605		5.6268  GBP
10p ordinary		Sale		10,292		5.5976  GBP
10p ordinary		Sale		9,420		5.6035  GBP
10p ordinary		Sale		9,169		5.6350  GBP
10p ordinary		Sale		9,117		5.5775  GBP
10p ordinary		Sale		8,784		5.6292  GBP
10p ordinary		Sale		8,084		5.6036  GBP
10p ordinary		Sale		7,424		5.5750  GBP
10p ordinary		Sale		6,054		5.5587  GBP
10p ordinary		Sale		5,894		5.5759  GBP
10p ordinary		Sale		5,013		5.6295  GBP
10p ordinary		Sale		4,181		5.6255  GBP
10p ordinary		Sale		4,045		5.5772  GBP
10p ordinary		Sale		3,806		5.6022  GBP
10p ordinary		Sale		3,088		5.5958  GBP
10p ordinary		Sale		2,825		5.6108  GBP
10p ordinary		Sale		2,619		5.6364  GBP
10p ordinary		Sale		2,441		5.5636  GBP
10p ordinary		Sale		2,338		5.6300  GBP
10p ordinary		Sale		2,264		5.5600  GBP
10p ordinary		Sale		2,124		5.5700  GBP
10p ordinary		Sale		1,921		5.6050  GBP
10p ordinary		Sale		1,850		5.6260  GBP
10p ordinary		Sale		1,748		5.6448  GBP
10p ordinary		Sale		1,704		5.6325  GBP
10p ordinary		Sale		1,665		5.6400  GBP
10p ordinary		Sale		1,639		5.6333  GBP
10p ordinary		Sale		1,449		5.6376  GBP
10p ordinary		Sale		1,137		5.5954  GBP
10p ordinary		Sale		1,075		5.6126  GBP
10p ordinary		Sale		1,073		5.5650  GBP
10p ordinary		Sale		730		5.6373  GBP
10p ordinary		Sale		695		5.5925  GBP
10p ordinary		Sale		668		5.6399  GBP
10p ordinary		Sale		609		5.6000  GBP
10p ordinary		Sale		549		5.5950  GBP
10p ordinary		Sale		528		5.6150  GBP
10p ordinary		Sale		505		5.6425  GBP
10p ordinary		Sale		309		5.5500  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		117,864	5.5919  GBP
10p ordinary		SWAP		Decreasing Short		1,137	5.5954  GBP
10p ordinary		SWAP		Decreasing Short		3,088	5.5958  GBP
10p ordinary		SWAP		Decreasing Short		7,714	5.6026  GBP
10p ordinary		SWAP		Decreasing Short		21,694	5.6052  GBP
10p ordinary		SWAP		Decreasing Short		72,895	5.6067  GBP
10p ordinary		SWAP		Decreasing Short		35,487	5.6086  GBP
10p ordinary		SWAP		Decreasing Short		19,068	5.6105  GBP
10p ordinary		SWAP		Decreasing Short		66,892	5.6241  GBP
10p ordinary		SWAP		Decreasing Short		730	5.6373  GBP
10p ordinary		SWAP		Decreasing Short		668	5.6399  GBP
10p ordinary		SWAP		Increasing Short		8,016	5.5773  GBP
10p ordinary		SWAP		Increasing Short		1,397	5.5816  GBP
10p ordinary		SWAP		Increasing Short		430	5.5925  GBP
10p ordinary		SWAP		Increasing Short		2,020	5.5939  GBP
10p ordinary		SWAP		Increasing Short		574	5.5950  GBP
10p ordinary		SWAP		Increasing Short		151,118	5.6063  GBP
10p ordinary		SWAP		Increasing Short		7,940	5.6073  GBP
10p ordinary		SWAP		Increasing Short		166,820	5.6135  GBP
10p ordinary		SWAP		Increasing Short		67,999	5.6228  GBP
10p ordinary		SWAP		Increasing Short		61,139	5.6248  GBP
10p ordinary		SWAP		Increasing Short		312,571	5.6250  GBP
10p ordinary		SWAP		Increasing Short		33,323	5.6351  USD
10p ordinary		SWAP		Increasing Short		1,982	5.6417  GBP
10p ordinary		CFD		Decreasing Short		11,805	5.6015  GBP
10p ordinary		CFD		Decreasing Short		7,703	5.6159  GBP
10p ordinary		CFD		Decreasing Short		70,000	5.6242  GBP
10p ordinary		CFD		Increasing Short		60,000	5.5887  GBP
10p ordinary		CFD		Increasing Short		4,584	5.6250  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:				14 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END