Form 8.3 - Smith (DS) plc

Barclays PLC

15 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:				14 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:			27,035,421	1.95%	23,258,096	1.68%
(2)	Cash-settled derivatives:
	and/or controlled:			12,116,422	0.88%	25,910,319	1.88%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			39,151,843	2.83%	49,168,415	3.56%
(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		908,162		5.5750  GBP
10p ordinary		Purchase		844,218		5.5815  GBP
10p ordinary		Purchase		400,000		5.5562  GBP
10p ordinary		Purchase		400,000		5.5616  GBP
10p ordinary		Purchase		400,000		5.5782  GBP
10p ordinary		Purchase		368,354		5.5746  GBP
10p ordinary		Purchase		226,683		5.5600  GBP
10p ordinary		Purchase		167,190		5.5800  GBP
10p ordinary		Purchase		88,674		5.5603  GBP
10p ordinary		Purchase		78,895		5.5610  GBP
10p ordinary		Purchase		63,716		5.5757  GBP
10p ordinary		Purchase		47,354		5.5592  GBP
10p ordinary		Purchase		36,245		5.5737  GBP
10p ordinary		Purchase		25,376		5.5767  GBP
10p ordinary		Purchase		24,360		5.5644  GBP
10p ordinary		Purchase		16,212		5.5595  GBP
10p ordinary		Purchase		12,084		5.5926  GBP
10p ordinary		Purchase		11,458		5.5717  GBP
10p ordinary		Purchase		7,208		5.5761  GBP
10p ordinary		Purchase		6,760		5.5701  GBP
10p ordinary		Purchase		4,415		5.5796  GBP
10p ordinary		Purchase		3,506		5.5841  GBP
10p ordinary		Purchase		3,382		5.5894  GBP
10p ordinary		Purchase		3,336		5.5724  GBP
10p ordinary		Purchase		2,271		5.5870  GBP
10p ordinary		Purchase		1,825		5.5525  GBP
10p ordinary		Purchase		1,124		5.5850  GBP
10p ordinary		Purchase		1,083		5.5792  GBP
10p ordinary		Purchase		820		5.5725  GBP
10p ordinary		Purchase		798		5.5650  GBP
10p ordinary		Purchase		522		5.5825  GBP
10p ordinary		Purchase		406		5.5622  GBP
10p ordinary		Purchase		309		5.5700  GBP
10p ordinary		Purchase		306		5.5550  GBP
10p ordinary		Purchase		189		5.5900  GBP
10p ordinary		Sale		844,218		5.5746  GBP
10p ordinary		Sale		367,274		5.5720  GBP
10p ordinary		Sale		100,000		5.5783  GBP
10p ordinary		Sale		44,815		5.5750  GBP
10p ordinary		Sale		36,245		5.5737  GBP
10p ordinary		Sale		23,375		5.5863  GBP
10p ordinary		Sale		13,535		5.5615  GBP
10p ordinary		Sale		11,929		5.5605  GBP
10p ordinary		Sale		9,055		5.5512  GBP
10p ordinary		Sale		8,384		5.5651  GBP
10p ordinary		Sale		8,016		5.5599  GBP
10p ordinary		Sale		6,005		5.5555  GBP
10p ordinary		Sale		5,983		5.5965  GBP
10p ordinary		Sale		4,266		5.5606  GBP
10p ordinary		Sale		4,005		5.5679  GBP
10p ordinary		Sale		3,841		5.5501  GBP
10p ordinary		Sale		3,506		5.5850  GBP
10p ordinary		Sale		3,309		5.5625  GBP
10p ordinary		Sale		3,101		5.5600  GBP
10p ordinary		Sale		2,748		5.5655  GBP
10p ordinary		Sale		2,238		5.5521  GBP
10p ordinary		Sale		1,869		5.5500  GBP
10p ordinary		Sale		1,776		5.5602  GBP
10p ordinary		Sale		1,610		5.5515  GBP
10p ordinary		Sale		1,259		5.5571  GBP
10p ordinary		Sale		625		5.5400  GBP
10p ordinary		Sale		444		5.5700  GBP
10p ordinary		Sale		17		5.5575  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		1,869	5.5500  GBP
10p ordinary		SWAP		Decreasing Short		21,576	5.5635  GBP
10p ordinary		SWAP		Decreasing Short		7,671	5.5639  GBP
10p ordinary		SWAP		Decreasing Short		2,748	5.5655  GBP
10p ordinary		SWAP		Decreasing Short		273,289	5.5711  GBP
10p ordinary		SWAP		Decreasing Short		844,218	5.5746  GBP
10p ordinary		SWAP		Decreasing Short		91,884	5.5750  GBP
10p ordinary		SWAP		Decreasing Short		23,375	5.5863  GBP
10p ordinary		SWAP		Increasing Short		47,354	5.5592  GBP
10p ordinary		SWAP		Increasing Short		224,082	5.5600  GBP
10p ordinary		SWAP		Increasing Short		88,674	5.5603  GBP
10p ordinary		SWAP		Increasing Short		63,386	5.5611  GBP
10p ordinary		SWAP		Increasing Short		53,761	5.5615  GBP
10p ordinary		SWAP		Increasing Short		1,200,000	5.5654  GBP
10p ordinary		SWAP		Increasing Short		9,435	5.5675  GBP
10p ordinary		SWAP		Increasing Short		309	5.5700  GBP
10p ordinary		SWAP		Increasing Short		20,171	5.5730  GBP
10p ordinary		SWAP		Increasing Short		168,556	5.5749  GBP
10p ordinary		SWAP		Increasing Short		1,024,361	5.5750  GBP
10p ordinary		SWAP		Increasing Short		53,858	5.5752  GBP
10p ordinary		SWAP		Increasing Short		189	5.5800  GBP
10p ordinary		SWAP		Increasing Short		844,218	5.5815  USD
10p ordinary		CFD		Decreasing Short		846	5.5552  GBP
10p ordinary		CFD		Decreasing Short		50,000	5.5561  GBP
10p ordinary		CFD		Decreasing Short		3,251	5.5750  GBP
10p ordinary		CFD		Decreasing Short		418	5.6066  GBP
10p ordinary		CFD		Increasing Short		36,245	5.5737  GBP
10p ordinary		CFD		Increasing Short		650	5.5750  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 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END