Form 8.3 - Smith (DS) plc

Barclays PLC

24 April 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:				23 Apr 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:			13,235,048	0.96%	8,461,541	0.61%
(2)	Cash-settled derivatives:
	and/or controlled:			7,530,632	0.55%	11,016,663	0.80%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			20,765,680	1.51%	19,478,204	1.41%
(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		2,799,000		3.5320  GBP
10p ordinary		Purchase		1,338,539		3.4920  GBP
10p ordinary		Purchase		1,283,472		3.4975  GBP
10p ordinary		Purchase		723,970		3.4986  GBP
10p ordinary		Purchase		499,387		3.4957  GBP
10p ordinary		Purchase		352,195		3.4978  GBP
10p ordinary		Purchase		316,130		3.5002  GBP
10p ordinary		Purchase		272,523		3.4912  GBP
10p ordinary		Purchase		210,676		3.4980  GBP
10p ordinary		Purchase		148,182		3.4913  GBP
10p ordinary		Purchase		113,259		3.4968  GBP
10p ordinary		Purchase		88,731		3.4994  GBP
10p ordinary		Purchase		87,675		3.4931  GBP
10p ordinary		Purchase		86,349		3.4869  GBP
10p ordinary		Purchase		82,316		3.4969  GBP
10p ordinary		Purchase		70,328		3.5010  GBP
10p ordinary		Purchase		61,253		3.4929  GBP
10p ordinary		Purchase		55,526		3.4960  GBP
10p ordinary		Purchase		50,660		3.6038  GBP
10p ordinary		Purchase		46,752		3.4972  GBP
10p ordinary		Purchase		44,571		3.4987  GBP
10p ordinary		Purchase		39,722		3.4892  GBP
10p ordinary		Purchase		37,537		3.4964  GBP
10p ordinary		Purchase		37,500		3.4982  GBP
10p ordinary		Purchase		31,708		3.4970  GBP
10p ordinary		Purchase		27,395		3.5063  GBP
10p ordinary		Purchase		25,768		3.4940  GBP
10p ordinary		Purchase		23,361		3.4932  GBP
10p ordinary		Purchase		23,250		3.5014  GBP
10p ordinary		Purchase		14,452		3.5000  GBP
10p ordinary		Purchase		10,170		3.4995  GBP
10p ordinary		Purchase		8,234		3.4962  GBP
10p ordinary		Purchase		7,580		3.5040  GBP
10p ordinary		Purchase		6,122		3.5020  GBP
10p ordinary		Purchase		5,528		3.5100  GBP
10p ordinary		Purchase		5,264		3.4988  GBP
10p ordinary		Purchase		4,785		3.4880  GBP
10p ordinary		Purchase		4,737		3.4950  GBP
10p ordinary		Purchase		4,653		3.5080  GBP
10p ordinary		Purchase		4,621		3.4902  GBP
10p ordinary		Purchase		4,463		3.5030  GBP
10p ordinary		Purchase		4,207		3.4990  GBP
10p ordinary		Purchase		3,578		3.4800  GBP
10p ordinary		Purchase		3,342		3.4976  GBP
10p ordinary		Purchase		3,191		3.4949  GBP
10p ordinary		Purchase		3,060		3.4904  GBP
10p ordinary		Purchase		3,028		3.5012  GBP
10p ordinary		Purchase		2,942		3.4640  GBP
10p ordinary		Purchase		2,932		3.4959  GBP
10p ordinary		Purchase		2,542		3.4900  GBP
10p ordinary		Purchase		2,500		3.4840  GBP
10p ordinary		Purchase		1,808		3.5150  GBP
10p ordinary		Purchase		1,734		3.4760  GBP
10p ordinary		Purchase		1,618		3.5140  GBP
10p ordinary		Purchase		1,581		3.5180  GBP
10p ordinary		Purchase		1,410		3.5120  GBP
10p ordinary		Purchase		1,003		3.4977  GBP
10p ordinary		Purchase		880		3.5050  GBP
10p ordinary		Purchase		812		3.5220  GBP
10p ordinary		Purchase		801		3.4820  GBP
10p ordinary		Purchase		796		3.4780  GBP
10p ordinary		Purchase		774		3.5060  GBP
10p ordinary		Purchase		741		3.4860  GBP
10p ordinary		Purchase		301		3.4896  GBP
10p ordinary		Purchase		62		3.4831  GBP
10p ordinary		Purchase		58		3.4862  GBP
10p ordinary		Sale		1,434,148		3.4975  GBP
10p ordinary		Sale		869,340		3.4980  GBP
10p ordinary		Sale		302,074		3.4939  GBP
10p ordinary		Sale		227,000		3.4920  GBP
10p ordinary		Sale		185,100		3.4987  GBP
10p ordinary		Sale		164,116		3.4976  GBP
10p ordinary		Sale		158,518		3.4892  GBP
10p ordinary		Sale		156,700		3.4909  GBP
10p ordinary		Sale		154,019		3.5028  GBP
10p ordinary		Sale		147,858		3.4923  GBP
10p ordinary		Sale		139,770		3.5009  GBP
10p ordinary		Sale		97,503		3.4930  GBP
10p ordinary		Sale		87,100		3.4928  GBP
10p ordinary		Sale		73,130		3.4933  GBP
10p ordinary		Sale		44,432		3.4948  GBP
10p ordinary		Sale		33,279		3.5067  GBP
10p ordinary		Sale		27,397		3.4956  GBP
10p ordinary		Sale		26,105		3.4934  GBP
10p ordinary		Sale		22,847		3.4979  GBP
10p ordinary		Sale		22,327		3.4888  GBP
10p ordinary		Sale		21,744		3.4950  GBP
10p ordinary		Sale		20,732		3.4891  GBP
10p ordinary		Sale		20,514		3.4940  GBP
10p ordinary		Sale		20,056		3.5080  GBP
10p ordinary		Sale		18,383		3.5036  GBP
10p ordinary		Sale		18,296		3.5020  GBP
10p ordinary		Sale		14,452		3.5000  GBP
10p ordinary		Sale		14,331		3.4862  GBP
10p ordinary		Sale		12,753		3.5019  GBP
10p ordinary		Sale		11,845		3.5010  GBP
10p ordinary		Sale		10,985		3.4906  GBP
10p ordinary		Sale		10,710		3.4957  GBP
10p ordinary		Sale		7,580		3.5040  GBP
10p ordinary		Sale		6,440		3.5100  GBP
10p ordinary		Sale		6,386		3.4970  GBP
10p ordinary		Sale		5,926		3.4851  GBP
10p ordinary		Sale		5,433		3.5015  GBP
10p ordinary		Sale		5,238		3.4929  GBP
10p ordinary		Sale		4,785		3.4880  GBP
10p ordinary		Sale		4,463		3.5030  GBP
10p ordinary		Sale		4,207		3.4990  GBP
10p ordinary		Sale		3,680		3.4900  GBP
10p ordinary		Sale		3,578		3.4800  GBP
10p ordinary		Sale		2,969		3.5059  GBP
10p ordinary		Sale		2,942		3.4640  GBP
10p ordinary		Sale		2,914		3.4955  GBP
10p ordinary		Sale		2,743		3.4938  GBP
10p ordinary		Sale		2,702		3.4992  GBP
10p ordinary		Sale		2,500		3.4840  GBP
10p ordinary		Sale		2,332		3.4941  GBP
10p ordinary		Sale		1,964		3.4927  GBP
10p ordinary		Sale		1,808		3.5150  GBP
10p ordinary		Sale		1,734		3.4760  GBP
10p ordinary		Sale		1,618		3.5140  GBP
10p ordinary		Sale		1,581		3.5180  GBP
10p ordinary		Sale		880		3.5050  GBP
10p ordinary		Sale		812		3.5220  GBP
10p ordinary		Sale		801		3.4820  GBP
10p ordinary		Sale		799		3.4960  GBP
10p ordinary		Sale		796		3.4780  GBP
10p ordinary		Sale		774		3.5060  GBP
10p ordinary		Sale		767		3.5120  GBP
10p ordinary		Sale		741		3.4860  GBP
10p ordinary		Sale		700		3.4870  GBP
10p ordinary		Sale		402		3.5320  GBP
10p ordinary		Sale		87		3.4932  GBP
10p ordinary		Sale		62		3.4834  GBP
10p ordinary		Sale		58		3.4866  GBP
10p ordinary		Sale		14		3.4996  GBP
10p ordinary		Sale		1		3.4983  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		23	3.5000  GBP
10p ordinary		CFD		Decreasing Long		36	3.4983  GBP
10p ordinary		SWAP		Decreasing Long		142	3.5074  GBP
10p ordinary		CFD		Decreasing Long		278	3.5020  GBP
10p ordinary		SWAP		Decreasing Long		1,034	3.4940  GBP
10p ordinary		SWAP		Decreasing Long		1,489	3.4899  GBP
10p ordinary		SWAP		Decreasing Long		2,026	3.4886  GBP
10p ordinary		CFD		Decreasing Long		4,108	3.5060  GBP
10p ordinary		SWAP		Decreasing Long		5,264	3.4988  GBP
10p ordinary		CFD		Decreasing Long		17,250	3.4904  GBP
10p ordinary		SWAP		Decreasing Long		27,395	3.5063  GBP
10p ordinary		SWAP		Decreasing Long		29,601	3.4977  GBP
10p ordinary		SWAP		Decreasing Long		50,660	3.6038  GBP
10p ordinary		SWAP		Decreasing Long		51,977	3.4905  GBP
10p ordinary		SWAP		Decreasing Long		63,318	3.4961  GBP
10p ordinary		CFD		Decreasing Long		79,959	3.4980  GBP
10p ordinary		SWAP		Decreasing Long		82,316	3.4969  GBP
10p ordinary		SWAP		Decreasing Long		87,519	3.4984  GBP
10p ordinary		SWAP		Decreasing Long		91,786	3.4881  GBP
10p ordinary		CFD		Decreasing Long		114,719	3.4979  GBP
10p ordinary		SWAP		Decreasing Long		272,523	3.4912  GBP
10p ordinary		SWAP		Decreasing Long		487,199	3.4980  GBP
10p ordinary		SWAP		Decreasing Short		2,293	3.4964  GBP
10p ordinary		SWAP		Decreasing Short		5,854	3.4963  GBP
10p ordinary		SWAP		Decreasing Short		59,370	3.4958  GBP
10p ordinary		CFD		Increasing Long		36	3.4983  GBP
10p ordinary		CFD		Increasing Long		92	3.4980  GBP
10p ordinary		SWAP		Increasing Long		2,702	3.4992  GBP
10p ordinary		CFD		Increasing Long		4,108	3.5060  GBP
10p ordinary		SWAP		Increasing Long		4,500	3.4877  GBP
10p ordinary		SWAP		Increasing Long		5,433	3.5015  GBP
10p ordinary		SWAP		Increasing Long		8,256	3.4928  GBP
10p ordinary		SWAP		Increasing Long		10,985	3.4906  GBP
10p ordinary		CFD		Increasing Long		13,111	3.5095  GBP
10p ordinary		SWAP		Increasing Long		85,048	3.4975  GBP
10p ordinary		SWAP		Increasing Short		500	3.5120  GBP
10p ordinary		SWAP		Increasing Short		1,458	3.4994  GBP
10p ordinary		SWAP		Increasing Short		1,790	3.5239  GBP
10p ordinary		SWAP		Increasing Short		3,342	3.4976  GBP
10p ordinary		SWAP		Increasing Short		8,234	3.4962  GBP
10p ordinary		SWAP		Increasing Short		18,162	3.5100  GBP
10p ordinary		SWAP		Increasing Short		65,414	3.4884  GBP
10p ordinary		SWAP		Increasing Short		86,349	3.4869  GBP
10p ordinary		SWAP		Increasing Short		166,317	3.4958  GBP
10p ordinary		SWAP		Increasing Short		328,619	3.4980  GBP
10p ordinary		SWAP		Opening Long		1,964	3.4927  GBP
10p ordinary		SWAP		Opening Long		7,760	3.4979  GBP
10p ordinary		SWAP		Opening Long		26,105	3.4934  GBP
10p ordinary		SWAP		Opening Long		76,292	3.4943  GBP
10p ordinary		SWAP		Opening Long		147,858	3.4923  GBP
10p ordinary		SWAP		Opening Short		460	3.4980  GBP
10p ordinary		SWAP		Opening Short		5,191	3.4895  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:				24 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END