Form 8.3 - Smith (DS) plc

Barclays PLC

28 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:				27 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:			34,772,041	2.52%	12,652,422	0.92%
(2)	Cash-settled derivatives:
	and/or controlled:			12,483,102	0.90%	32,303,501	2.34%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			47,255,143	3.42%	44,955,923	3.26%
(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		10,916,585		6.1101  GBP
10p ordinary		Purchase		6,180,075		6.1100  GBP
10p ordinary		Purchase		261,657		6.0946  GBP
10p ordinary		Purchase		150,000		6.1138  GBP
10p ordinary		Purchase		133,305		6.1237  GBP
10p ordinary		Purchase		108,825		6.1316  GBP
10p ordinary		Purchase		63,537		6.0700  GBP
10p ordinary		Purchase		31,099		6.1201  GBP
10p ordinary		Purchase		27,503		6.0709  GBP
10p ordinary		Purchase		24,391		6.1104  GBP
10p ordinary		Purchase		24,290		6.0706  GBP
10p ordinary		Purchase		24,102		6.1108  GBP
10p ordinary		Purchase		20,202		6.0732  GBP
10p ordinary		Purchase		14,250		6.1046  GBP
10p ordinary		Purchase		10,285		6.1258  GBP
10p ordinary		Purchase		9,680		6.1570  GBP
10p ordinary		Purchase		8,157		6.0926  GBP
10p ordinary		Purchase		6,551		6.1205  GBP
10p ordinary		Purchase		5,803		6.1323  GBP
10p ordinary		Purchase		5,773		6.1227  GBP
10p ordinary		Purchase		5,652		6.1367  GBP
10p ordinary		Purchase		5,556		6.1192  GBP
10p ordinary		Purchase		5,240		6.1385  GBP
10p ordinary		Purchase		4,244		6.0844  GBP
10p ordinary		Purchase		3,436		6.1193  GBP
10p ordinary		Purchase		1,685		6.1178  GBP
10p ordinary		Purchase		1,081		6.0973  GBP
10p ordinary		Purchase		1,021		6.0948  GBP
10p ordinary		Purchase		975		6.1425  GBP
10p ordinary		Purchase		825		6.1450  GBP
10p ordinary		Purchase		525		6.1525  GBP
10p ordinary		Purchase		365		6.0995  GBP
10p ordinary		Purchase		363		6.0900  GBP
10p ordinary		Purchase		256		6.0800  GBP
10p ordinary		Purchase		150		6.1300  GBP
10p ordinary		Purchase		137		6.0912  GBP
10p ordinary		Purchase		8		6.1200  GBP
10p ordinary		Purchase		2		6.0850  GBP
10p ordinary		Sale		117,666		6.0958  GBP
10p ordinary		Sale		84,109		6.0944  GBP
10p ordinary		Sale		67,221		6.0888  GBP
10p ordinary		Sale		64,309		6.0903  GBP
10p ordinary		Sale		61,215		6.1313  GBP
10p ordinary		Sale		56,965		6.1001  GBP
10p ordinary		Sale		51,795		6.1126  GBP
10p ordinary		Sale		27,163		6.1108  GBP
10p ordinary		Sale		24,638		6.1094  GBP
10p ordinary		Sale		20,202		6.0732  GBP
10p ordinary		Sale		19,143		6.0700  GBP
10p ordinary		Sale		14,042		6.1195  GBP
10p ordinary		Sale		11,304		6.1375  GBP
10p ordinary		Sale		10,270		6.1179  GBP
10p ordinary		Sale		6,392		6.1333  GBP
10p ordinary		Sale		5,803		6.1331  GBP
10p ordinary		Sale		5,240		6.1393  GBP
10p ordinary		Sale		5,128		6.1200  GBP
10p ordinary		Sale		4,571		6.1324  GBP
10p ordinary		Sale		4,299		6.1122  GBP
10p ordinary		Sale		4,263		6.1157  GBP
10p ordinary		Sale		1,721		6.1248  GBP
10p ordinary		Sale		1,530		6.1015  GBP
10p ordinary		Sale		1,346		6.1227  GBP
10p ordinary		Sale		1,118		6.1250  GBP
10p ordinary		Sale		1,021		6.0948  GBP
10p ordinary		Sale		825		6.1450  GBP
10p ordinary		Sale		802		6.1204  GBP
10p ordinary		Sale		740		6.1081  GBP
10p ordinary		Sale		736		6.0991  GBP
10p ordinary		Sale		713		6.0650  GBP
10p ordinary		Sale		566		6.1114  GBP
10p ordinary		Sale		513		6.1050  GBP
10p ordinary		Sale		282		6.0799  GBP
10p ordinary		Sale		150		6.1300  GBP
10p ordinary		Sale		143		6.1099  GBP
10p ordinary		Sale		79		6.0940  GBP
10p ordinary		Sale		2		6.0850  GBP
10p ordinary		Sale		2		6.0851  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		12,889	6.1050  GBP
10p ordinary		SWAP		Decreasing Short		227,000	6.0259  USD
10p ordinary		SWAP		Decreasing Short		1,965	6.0700  GBP
10p ordinary		SWAP		Decreasing Short		282	6.0799  GBP
10p ordinary		SWAP		Decreasing Short		10,145	6.0881  GBP
10p ordinary		SWAP		Decreasing Short		67,221	6.0888  GBP
10p ordinary		SWAP		Decreasing Short		64,309	6.0903  GBP
10p ordinary		SWAP		Decreasing Short		79	6.0934  GBP
10p ordinary		SWAP		Decreasing Short		84,109	6.0944  GBP
10p ordinary		SWAP		Decreasing Short		88,371	6.0986  GBP
10p ordinary		SWAP		Decreasing Short		736	6.0991  GBP
10p ordinary		SWAP		Decreasing Short		699	6.1100  GBP
10p ordinary		SWAP		Decreasing Short		4,299	6.1122  GBP
10p ordinary		SWAP		Decreasing Short		22,393	6.1144  GBP
10p ordinary		SWAP		Decreasing Short		29,318	6.1150  GBP
10p ordinary		SWAP		Increasing Short		100,766	6.0700  GBP
10p ordinary		SWAP		Increasing Short		24,290	6.0706  GBP
10p ordinary		SWAP		Increasing Short		7,078	6.0712  USD
10p ordinary		SWAP		Increasing Short		20,000	6.0715  GBP
10p ordinary		SWAP		Increasing Short		19,239	6.0773  GBP
10p ordinary		SWAP		Increasing Short		2,593	6.0800  GBP
10p ordinary		SWAP		Increasing Short		6,312	6.0860  GBP
10p ordinary		SWAP		Increasing Short		391	6.0869  GBP
10p ordinary		SWAP		Increasing Short		8,157	6.0926  GBP
10p ordinary		SWAP		Increasing Short		24,391	6.1104  GBP
10p ordinary		SWAP		Increasing Short		24,102	6.1108  GBP
10p ordinary		SWAP		Increasing Short		150,000	6.1138  USD
10p ordinary		SWAP		Increasing Short		3,436	6.1193  GBP
10p ordinary		SWAP		Increasing Short		108,825	6.1316  USD
10p ordinary		SWAP		Increasing Short		9,680	6.1570  USD
10p ordinary		CFD		Increasing Short		8,628	6.0700  GBP
10p ordinary		CFD		Increasing Short		21,316	6.1096  GBP
10p ordinary		CFD		Increasing Short		46,749	6.1263  GBP
10p ordinary		CFD		Increasing Short		83,211	6.1264  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:				28 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END