Form 8.3 - Smith (DS) plc

Barclays PLC

25 March 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 Mar 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?				MONDI PLC
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:			15,589,085	1.13%	10,803,593	0.78%
(2)	Cash-settled derivatives:
	and/or controlled:			7,278,488	0.53%	15,227,360	1.11%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			22,867,573	1.66%	26,030,953	1.89%
(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		549,651		3.4963  GBP
10p ordinary		Purchase		279,387		3.4950  GBP
10p ordinary		Purchase		210,847		3.4970  GBP
10p ordinary		Purchase		118,986		3.4988  GBP
10p ordinary		Purchase		94,982		3.4944  GBP
10p ordinary		Purchase		50,733		3.4986  GBP
10p ordinary		Purchase		36,856		3.4969  GBP
10p ordinary		Purchase		35,843		3.4935  GBP
10p ordinary		Purchase		27,800		3.4974  GBP
10p ordinary		Purchase		25,112		3.4989  GBP
10p ordinary		Purchase		17,194		3.4947  GBP
10p ordinary		Purchase		15,103		3.4987  GBP
10p ordinary		Purchase		14,615		3.4992  GBP
10p ordinary		Purchase		12,704		3.4982  GBP
10p ordinary		Purchase		8,216		3.4938  GBP
10p ordinary		Purchase		5,267		3.4920  GBP
10p ordinary		Purchase		4,986		3.4981  GBP
10p ordinary		Purchase		4,508		3.5000  GBP
10p ordinary		Purchase		3,830		3.4973  GBP
10p ordinary		Purchase		1,970		3.4957  GBP
10p ordinary		Purchase		1,830		3.4911  GBP
10p ordinary		Purchase		1,543		3.4951  GBP
10p ordinary		Purchase		1,465		3.4936  GBP
10p ordinary		Purchase		1,106		3.4760  GBP
10p ordinary		Purchase		970		3.4980  GBP
10p ordinary		Purchase		949		3.4930  GBP
10p ordinary		Purchase		788		3.4990  GBP
10p ordinary		Purchase		379		3.4870  GBP
10p ordinary		Purchase		242		3.4955  GBP
10p ordinary		Sale		659,970		3.4969  GBP
10p ordinary		Sale		221,536		3.4970  GBP
10p ordinary		Sale		111,813		3.4988  GBP
10p ordinary		Sale		56,904		3.4974  GBP
10p ordinary		Sale		52,694		3.4962  GBP
10p ordinary		Sale		47,130		3.4985  GBP
10p ordinary		Sale		33,767		3.4972  GBP
10p ordinary		Sale		26,050		3.4965  GBP
10p ordinary		Sale		21,890		3.4991  GBP
10p ordinary		Sale		17,514		3.5000  GBP
10p ordinary		Sale		13,971		3.4984  GBP
10p ordinary		Sale		13,255		3.4987  GBP
10p ordinary		Sale		10,000		3.4860  GBP
10p ordinary		Sale		8,185		3.4997  GBP
10p ordinary		Sale		3,860		3.4994  GBP
10p ordinary		Sale		3,252		3.4909  GBP
10p ordinary		Sale		2,800		3.4976  GBP
10p ordinary		Sale		1,147		3.4936  GBP
10p ordinary		Sale		1,106		3.4760  GBP
10p ordinary		Sale		970		3.4980  GBP
10p ordinary		Sale		950		3.4990  GBP
10p ordinary		Sale		749		3.4941  GBP
10p ordinary		Sale		392		3.4960  GBP
10p ordinary		Sale		117		3.4920  GBP
10p ordinary		Sale		20		3.4950  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 Long		89	3.5010  GBP
10p ordinary		SWAP		Decreasing Long		699	3.4987  GBP
10p ordinary		SWAP		Decreasing Long		1,543	3.4951  GBP
10p ordinary		SWAP		Decreasing Long		1,923	3.4968  GBP
10p ordinary		SWAP		Decreasing Long		1,970	3.4957  GBP
10p ordinary		SWAP		Decreasing Long		3,830	3.4973  GBP
10p ordinary		SWAP		Decreasing Long		17,194	3.4947  GBP
10p ordinary		SWAP		Decreasing Long		30,806	3.4971  GBP
10p ordinary		CFD		Decreasing Short		117	3.4920  GBP
10p ordinary		CFD		Decreasing Short		297	3.4969  GBP
10p ordinary		CFD		Decreasing Short		2,225	3.4967  GBP
10p ordinary		SWAP		Decreasing Short		10,000	3.4860  GBP
10p ordinary		CFD		Decreasing Short		12,019	3.4946  GBP
10p ordinary		SWAP		Decreasing Short		15,419	3.4960  GBP
10p ordinary		SWAP		Decreasing Short		33,767	3.4972  GBP
10p ordinary		CFD		Decreasing Short		174,548	3.4970  GBP
10p ordinary		SWAP		Decreasing Short		206,492	3.4970  GBP
10p ordinary		SWAP		Increasing Long		392	3.4960  GBP
10p ordinary		SWAP		Increasing Long		1,293	3.4909  GBP
10p ordinary		SWAP		Increasing Long		17,166	3.4973  GBP
10p ordinary		SWAP		Increasing Long		52,694	3.4962  GBP
10p ordinary		SWAP		Increasing Long		119,246	3.4969  GBP
10p ordinary		SWAP		Increasing Long		142,049	3.4970  GBP
10p ordinary		CFD		Increasing Short		297	3.4969  GBP
10p ordinary		SWAP		Increasing Short		380	3.4990  GBP
10p ordinary		CFD		Increasing Short		1,106	3.4760  GBP
10p ordinary		SWAP		Increasing Short		1,830	3.4911  GBP
10p ordinary		CFD		Increasing Short		2,225	3.4762  GBP
10p ordinary		SWAP		Increasing Short		15,408	3.4947  GBP
10p ordinary		CFD		Increasing Short		29,377	3.4970  GBP
10p ordinary		SWAP		Increasing Short		41,464	3.4944  GBP
10p ordinary		SWAP		Increasing Short		311,274	3.4946  GBP
10p ordinary		SWAP		Increasing Short		549,651	3.4963  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 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END