Form 8.3 - Smith (DS) plc

Barclays PLC

07 May 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:				03 May 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:			21,798,209	1.58%	9,147,390	0.66%
(2)	Cash-settled derivatives:
	and/or controlled:			8,005,489	0.58%	19,949,854	1.45%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			29,803,698	2.16%	29,097,244	2.11%
(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		358,875		3.6014  GBP
10p ordinary		Purchase		347,843		3.5728  GBP
10p ordinary		Purchase		145,727		3.6021  GBP
10p ordinary		Purchase		118,941		3.6160  GBP
10p ordinary		Purchase		75,025		3.6063  GBP
10p ordinary		Purchase		49,401		3.6117  GBP
10p ordinary		Purchase		37,972		3.5778  GBP
10p ordinary		Purchase		30,004		3.5989  GBP
10p ordinary		Purchase		22,583		3.5787  GBP
10p ordinary		Purchase		21,507		3.5776  GBP
10p ordinary		Purchase		13,526		3.5748  GBP
10p ordinary		Purchase		10,133		3.5794  GBP
10p ordinary		Purchase		9,447		3.5847  GBP
10p ordinary		Purchase		8,190		3.5798  GBP
10p ordinary		Purchase		4,165		3.5797  GBP
10p ordinary		Purchase		4,022		3.5723  GBP
10p ordinary		Purchase		2,630		3.5814  GBP
10p ordinary		Purchase		2,442		3.5888  GBP
10p ordinary		Purchase		1,512		3.5860  GBP
10p ordinary		Purchase		1,356		3.5620  GBP
10p ordinary		Purchase		1,346		3.5590  GBP
10p ordinary		Purchase		1,306		3.5834  GBP
10p ordinary		Purchase		1,060		3.5800  GBP
10p ordinary		Purchase		770		3.5760  GBP
10p ordinary		Purchase		750		3.6080  GBP
10p ordinary		Purchase		16		3.6134  GBP
10p ordinary		Purchase		5		3.5910  GBP
10p ordinary		Sale		1,525,138		3.6160  GBP
10p ordinary		Sale		639,599		3.6141  GBP
10p ordinary		Sale		167,599		3.5928  GBP
10p ordinary		Sale		98,900		3.5795  GBP
10p ordinary		Sale		82,403		3.6159  GBP
10p ordinary		Sale		61,455		3.5982  GBP
10p ordinary		Sale		53,039		3.6161  GBP
10p ordinary		Sale		32,765		3.6009  GBP
10p ordinary		Sale		18,416		3.6014  GBP
10p ordinary		Sale		13,857		3.5872  GBP
10p ordinary		Sale		12,047		3.5962  GBP
10p ordinary		Sale		11,749		3.5977  GBP
10p ordinary		Sale		11,699		3.6027  GBP
10p ordinary		Sale		10,587		3.6020  GBP
10p ordinary		Sale		10,472		3.5883  GBP
10p ordinary		Sale		8,392		3.6011  GBP
10p ordinary		Sale		7,263		3.6018  GBP
10p ordinary		Sale		5,846		3.5680  GBP
10p ordinary		Sale		5,776		3.6024  GBP
10p ordinary		Sale		5,758		3.5732  GBP
10p ordinary		Sale		5,539		3.5879  GBP
10p ordinary		Sale		5,417		3.6026  GBP
10p ordinary		Sale		4,375		3.5875  GBP
10p ordinary		Sale		3,427		3.5870  GBP
10p ordinary		Sale		3,412		3.5708  GBP
10p ordinary		Sale		2,844		3.6019  GBP
10p ordinary		Sale		2,371		3.6004  GBP
10p ordinary		Sale		2,054		3.6074  GBP
10p ordinary		Sale		1,709		3.5811  GBP
10p ordinary		Sale		1,671		3.6010  GBP
10p ordinary		Sale		1,554		3.6070  GBP
10p ordinary		Sale		1,534		3.5846  GBP
10p ordinary		Sale		1,090		3.5730  GBP
10p ordinary		Sale		997		3.5720  GBP
10p ordinary		Sale		863		3.5981  GBP
10p ordinary		Sale		807		3.5920  GBP
10p ordinary		Sale		680		3.5983  GBP
10p ordinary		Sale		670		3.5747  GBP
10p ordinary		Sale		517		3.5711  GBP
10p ordinary		Sale		160		3.6080  GBP
10p ordinary		Sale		1		3.5863  GBP
10p ordinary		Sale		9		3.6134  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		8,483	3.6003  GBP
10p ordinary		SWAP		Decreasing Long		21,521	3.5984  GBP
10p ordinary		SWAP		Decreasing Long		22,583	3.5787  GBP
10p ordinary		CFD		Decreasing Short		2	3.6150  GBP
10p ordinary		SWAP		Decreasing Short		3,412	3.5708  GBP
10p ordinary		CFD		Decreasing Short		5,846	3.5680  GBP
10p ordinary		SWAP		Decreasing Short		10,812	3.5989  GBP
10p ordinary		SWAP		Decreasing Short		11,749	3.5977  GBP
10p ordinary		SWAP		Decreasing Short		28,795	3.6144  GBP
10p ordinary		SWAP		Decreasing Short		49,955	3.5948  GBP
10p ordinary		CFD		Decreasing Short		50,000	3.6157  GBP
10p ordinary		CFD		Decreasing Short		65,417	3.6014  GBP
10p ordinary		CFD		Decreasing Short		92,514	3.6100  GBP
10p ordinary		SWAP		Decreasing Short		167,599	3.5928  GBP
10p ordinary		SWAP		Decreasing Short		441,295	3.6160  GBP
10p ordinary		CFD		Decreasing Short		1,505,670	3.6160  GBP
10p ordinary		SWAP		Increasing Short		218	3.5520  GBP
10p ordinary		SWAP		Increasing Short		770	3.5760  GBP
10p ordinary		SWAP		Increasing Short		898	3.6080  GBP
10p ordinary		SWAP		Increasing Short		1,511	3.5860  GBP
10p ordinary		SWAP		Increasing Short		3,754	3.5797  GBP
10p ordinary		SWAP		Increasing Short		8,164	3.6063  GBP
10p ordinary		SWAP		Increasing Short		21,507	3.5776  GBP
10p ordinary		CFD		Increasing Short		32,896	3.5762  GBP
10p ordinary		SWAP		Increasing Short		49,401	3.6117  GBP
10p ordinary		CFD		Increasing Short		84,358	3.6160  GBP
10p ordinary		SWAP		Increasing Short		347,843	3.5728  GBP
10p ordinary		SWAP		Increasing Short		358,875	3.6014  GBP
10p ordinary		SWAP		Opening Long		67,375	3.5936  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:				07 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END