Form 8.3 - Smith (DS) plc

Barclays PLC

25 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:				22 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:			29,821,077	2.16%	23,161,102	1.67%
(2)	Cash-settled derivatives:
	and/or controlled:			12,013,663	0.87%	28,805,811	2.09%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			41,834,740	3.03%	51,966,913	3.76%
(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		318,833		5.9200  GBP
10p ordinary		Purchase		270,000		5.8738  GBP
10p ordinary		Purchase		250,460		5.9342  GBP
10p ordinary		Purchase		134,934		5.9350  GBP
10p ordinary		Purchase		124,168		5.9100  GBP
10p ordinary		Purchase		115,629		5.9347  GBP
10p ordinary		Purchase		54,428		5.9190  GBP
10p ordinary		Purchase		50,800		5.9271  GBP
10p ordinary		Purchase		39,139		5.9486  GBP
10p ordinary		Purchase		26,947		5.9246  GBP
10p ordinary		Purchase		24,075		5.9000  GBP
10p ordinary		Purchase		22,364		5.8986  GBP
10p ordinary		Purchase		16,419		5.9361  GBP
10p ordinary		Purchase		14,578		5.9255  GBP
10p ordinary		Purchase		13,538		5.9264  GBP
10p ordinary		Purchase		12,955		5.9181  GBP
10p ordinary		Purchase		6,048		5.8963  GBP
10p ordinary		Purchase		4,416		5.8908  GBP
10p ordinary		Purchase		3,614		5.9099  GBP
10p ordinary		Purchase		3,287		5.9337  GBP
10p ordinary		Purchase		1,846		5.9175  GBP
10p ordinary		Purchase		1,452		5.9532  GBP
10p ordinary		Purchase		760		5.9706  GBP
10p ordinary		Purchase		505		5.9250  GBP
10p ordinary		Purchase		479		5.9050  GBP
10p ordinary		Purchase		60		5.8850  GBP
10p ordinary		Sale		208,156		5.9188  GBP
10p ordinary		Sale		200,000		5.9639  GBP
10p ordinary		Sale		146,734		5.9439  GBP
10p ordinary		Sale		138,893		5.9350  GBP
10p ordinary		Sale		132,636		5.9101  GBP
10p ordinary		Sale		127,910		5.9308  GBP
10p ordinary		Sale		115,629		5.9347  GBP
10p ordinary		Sale		111,784		5.8942  GBP
10p ordinary		Sale		109,999		5.9159  GBP
10p ordinary		Sale		67,511		5.9275  GBP
10p ordinary		Sale		24,075		5.9000  GBP
10p ordinary		Sale		22,201		5.9252  GBP
10p ordinary		Sale		16,797		5.9309  GBP
10p ordinary		Sale		11,462		5.9663  GBP
10p ordinary		Sale		9,240		5.8973  GBP
10p ordinary		Sale		8,068		5.9251  GBP
10p ordinary		Sale		4,699		5.9050  GBP
10p ordinary		Sale		4,367		5.9493  GBP
10p ordinary		Sale		4,321		5.9314  GBP
10p ordinary		Sale		4,062		5.9292  GBP
10p ordinary		Sale		3,798		5.9435  GBP
10p ordinary		Sale		3,318		5.9260  GBP
10p ordinary		Sale		1,417		5.9599  GBP
10p ordinary		Sale		1,363		5.9725  GBP
10p ordinary		Sale		840		5.9450  GBP
10p ordinary		Sale		202		5.9182  GBP
10p ordinary		Sale		60		5.8850  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		111,784	5.8942  GBP
10p ordinary		SWAP		Decreasing Short		20	5.9000  GBP
10p ordinary		SWAP		Decreasing Short		109,999	5.9159  GBP
10p ordinary		SWAP		Decreasing Short		208,156	5.9188  GBP
10p ordinary		SWAP		Decreasing Short		22,201	5.9252  GBP
10p ordinary		SWAP		Decreasing Short		37,076	5.9254  GBP
10p ordinary		SWAP		Decreasing Short		52,669	5.9283  GBP
10p ordinary		SWAP		Decreasing Short		5,938	5.9311  GBP
10p ordinary		SWAP		Decreasing Short		2,767	5.9317  GBP
10p ordinary		SWAP		Decreasing Short		4,367	5.9493  GBP
10p ordinary		SWAP		Decreasing Short		1,417	5.9599  GBP
10p ordinary		SWAP		Decreasing Short		2,284	5.9612  GBP
10p ordinary		SWAP		Decreasing Short		200,000	5.9639  GBP
10p ordinary		SWAP		Increasing Short		270,000	5.8739  USD
10p ordinary		SWAP		Increasing Short		4,416	5.8908  GBP
10p ordinary		SWAP		Increasing Short		42,449	5.9226  GBP
10p ordinary		SWAP		Increasing Short		132,801	5.9254  GBP
10p ordinary		SWAP		Increasing Short		50,800	5.9270  GBP
10p ordinary		SWAP		Increasing Short		3,287	5.9337  GBP
10p ordinary		SWAP		Increasing Short		61,976	5.9345  GBP
10p ordinary		SWAP		Increasing Short		32,398	5.9350  GBP
10p ordinary		SWAP		Increasing Short		16,419	5.9361  GBP
10p ordinary		SWAP		Increasing Short		39,139	5.9486  GBP
10p ordinary		CFD		Decreasing Short		2,507	5.8915  GBP
10p ordinary		CFD		Decreasing Short		4,240	5.9350  GBP
10p ordinary		CFD		Decreasing Short		40,000	5.9645  GBP
10p ordinary		CFD		Increasing Short		71,631	5.8888  GBP
10p ordinary		CFD		Increasing Short		115,629	5.9347  GBP
10p ordinary		CFD		Increasing Short		4,240	5.9350  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:				25 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END