Form 8.3 - Smith (DS) plc

Barclays PLC

17 January 2025

 

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:				16 Jan 2025
(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:			32,943,881	2.39%	30,401,044	2.20%
(2)	Cash-settled derivatives:
	and/or controlled:			12,558,243	0.91%	30,960,114	2.24%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			45,502,124	3.30%	61,361,158	4.44%
(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		409,000		5.7900  GBP
10p ordinary		Purchase		78,862		5.7881  GBP
10p ordinary		Purchase		76,157		5.7865  GBP
10p ordinary		Purchase		70,893		5.7896  GBP
10p ordinary		Purchase		36,267		5.7806  GBP
10p ordinary		Purchase		33,443		5.7736  GBP
10p ordinary		Purchase		28,660		5.7894  GBP
10p ordinary		Purchase		23,992		5.7798  GBP
10p ordinary		Purchase		11,813		5.7821  GBP
10p ordinary		Purchase		10,536		5.7975  GBP
10p ordinary		Purchase		10,466		5.7814  GBP
10p ordinary		Purchase		10,049		5.7880  GBP
10p ordinary		Purchase		9,420		5.7691  GBP
10p ordinary		Purchase		8,497		5.7658  GBP
10p ordinary		Purchase		8,078		5.7743  GBP
10p ordinary		Purchase		7,777		5.7866  GBP
10p ordinary		Purchase		7,677		5.7810  GBP
10p ordinary		Purchase		6,687		5.7753  GBP
10p ordinary		Purchase		6,363		5.7741  GBP
10p ordinary		Purchase		5,955		5.7677  GBP
10p ordinary		Purchase		4,786		5.7657  GBP
10p ordinary		Purchase		4,682		5.7675  GBP
10p ordinary		Purchase		4,547		5.7934  GBP
10p ordinary		Purchase		4,015		5.7678  GBP
10p ordinary		Purchase		3,624		5.7789  GBP
10p ordinary		Purchase		2,661		5.7612  GBP
10p ordinary		Purchase		1,889		5.7611  GBP
10p ordinary		Purchase		1,822		5.7679  GBP
10p ordinary		Purchase		1,605		5.7683  GBP
10p ordinary		Purchase		1,270		5.8000  GBP
10p ordinary		Purchase		1,228		5.7600  GBP
10p ordinary		Purchase		1,200		5.7550  GBP
10p ordinary		Purchase		869		5.7711  GBP
10p ordinary		Purchase		648		5.7650  GBP
10p ordinary		Purchase		648		5.7648  GBP
10p ordinary		Purchase		637		5.7989  GBP
10p ordinary		Purchase		636		5.7950  GBP
10p ordinary		Purchase		334		5.7851  GBP
10p ordinary		Purchase		108		5.7769  GBP
10p ordinary		Sale		3,500,000		5.7200  GBP
10p ordinary		Sale		120,045		5.7900  GBP
10p ordinary		Sale		109,789		5.7909  GBP
10p ordinary		Sale		70,893		5.7896  GBP
10p ordinary		Sale		69,163		5.7830  GBP
10p ordinary		Sale		27,008		5.7703  GBP
10p ordinary		Sale		23,556		5.7838  GBP
10p ordinary		Sale		22,809		5.7842  GBP
10p ordinary		Sale		22,500		5.7695  GBP
10p ordinary		Sale		19,154		5.7818  GBP
10p ordinary		Sale		14,924		5.7831  GBP
10p ordinary		Sale		12,524		5.7911  GBP
10p ordinary		Sale		11,509		5.7834  GBP
10p ordinary		Sale		8,014		5.7949  GBP
10p ordinary		Sale		6,423		5.7549  GBP
10p ordinary		Sale		6,161		5.7707  GBP
10p ordinary		Sale		5,761		5.7754  GBP
10p ordinary		Sale		4,984		5.7743  GBP
10p ordinary		Sale		4,786		5.7657  GBP
10p ordinary		Sale		4,630		5.7812  GBP
10p ordinary		Sale		4,191		5.7660  GBP
10p ordinary		Sale		3,227		5.7683  GBP
10p ordinary		Sale		2,909		5.7809  GBP
10p ordinary		Sale		2,538		5.7891  GBP
10p ordinary		Sale		1,808		5.7714  GBP
10p ordinary		Sale		1,783		5.7847  GBP
10p ordinary		Sale		1,636		5.7859  GBP
10p ordinary		Sale		1,219		5.7759  GBP
10p ordinary		Sale		1,092		5.7803  GBP
10p ordinary		Sale		1,086		5.7675  GBP
10p ordinary		Sale		1,002		5.7989  GBP
10p ordinary		Sale		993		5.7850  GBP
10p ordinary		Sale		926		5.7750  GBP
10p ordinary		Sale		788		5.7655  GBP
10p ordinary		Sale		649		5.7650  GBP
10p ordinary		Sale		636		5.7950  GBP
10p ordinary		Sale		597		5.7600  GBP
10p ordinary		Sale		588		5.7800  GBP
10p ordinary		Sale		568		5.7799  GBP
10p ordinary		Sale		545		5.7625  GBP
10p ordinary		Sale		506		5.7941  GBP
10p ordinary		Sale		17		5.7705  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 Short		76,271	5.7809  GBP
10p ordinary		SWAP		Increasing Short		12,387	5.7848  GBP
10p ordinary		SWAP		Decreasing Short		44	5.7200  GBP
10p ordinary		SWAP		Decreasing Short		6,423	5.7549  GBP
10p ordinary		SWAP		Decreasing Short		22,500	5.7695  USD
10p ordinary		SWAP		Decreasing Short		3,780	5.7812  GBP
10p ordinary		SWAP		Decreasing Short		19,154	5.7818  GBP
10p ordinary		SWAP		Decreasing Short		69,163	5.7830  GBP
10p ordinary		SWAP		Decreasing Short		7,407	5.7844  GBP
10p ordinary		SWAP		Decreasing Short		1,783	5.7847  GBP
10p ordinary		SWAP		Decreasing Short		7,874	5.7872  GBP
10p ordinary		SWAP		Decreasing Short		85,393	5.7886  GBP
10p ordinary		SWAP		Decreasing Short		12,524	5.7911  GBP
10p ordinary		SWAP		Decreasing Short		8,014	5.7949  GBP
10p ordinary		SWAP		Increasing Short		631	5.7600  GBP
10p ordinary		SWAP		Increasing Short		869	5.7711  GBP
10p ordinary		SWAP		Increasing Short		33,443	5.7736  GBP
10p ordinary		SWAP		Increasing Short		135,847	5.7841  GBP
10p ordinary		SWAP		Increasing Short		13,875	5.7845  GBP
10p ordinary		SWAP		Increasing Short		278,663	5.7900  GBP
10p ordinary		SWAP		Increasing Short		637	5.7988  GBP
10p ordinary		CFD		Decreasing Short		30,000	5.7699  GBP
10p ordinary		CFD		Decreasing Short		44,762	5.7900  GBP
10p ordinary		CFD		Increasing Short		70,893	5.7896  GBP
10p ordinary		CFD		Increasing Short		852	5.7900  GBP
10p ordinary		SWAP		Increasing Short		8,497	5.7658  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:				17 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END