Form 8.3 - Smith (DS) plc

Barclays PLC

08 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:				07 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:			22,488,403	1.63%	20,364,114	1.48%
(2)	Cash-settled derivatives:
	and/or controlled:			7,985,091	0.58%	20,493,352	1.49%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			30,473,494	2.21%	40,857,466	2.96%
(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		1,612,258		3.5847  GBP
10p ordinary		Purchase		756,540		3.5692  GBP
10p ordinary		Purchase		706,801		3.5882  GBP
10p ordinary		Purchase		481,592		3.6113  GBP
10p ordinary		Purchase		339,154		3.5809  GBP
10p ordinary		Purchase		327,758		3.5800  GBP
10p ordinary		Purchase		308,203		3.6250  GBP
10p ordinary		Purchase		286,964		3.6470  GBP
10p ordinary		Purchase		242,727		3.6396  GBP
10p ordinary		Purchase		218,400		3.6222  GBP
10p ordinary		Purchase		167,687		3.6292  GBP
10p ordinary		Purchase		145,194		3.6445  GBP
10p ordinary		Purchase		97,000		3.6793  GBP
10p ordinary		Purchase		78,017		3.6610  GBP
10p ordinary		Purchase		78,017		3.5740  GBP
10p ordinary		Purchase		68,802		3.6376  GBP
10p ordinary		Purchase		62,778		3.6954  GBP
10p ordinary		Purchase		57,891		3.6111  GBP
10p ordinary		Purchase		56,855		3.6331  GBP
10p ordinary		Purchase		49,733		3.6405  GBP
10p ordinary		Purchase		47,448		3.5871  GBP
10p ordinary		Purchase		47,181		3.6041  GBP
10p ordinary		Purchase		42,160		3.6814  GBP
10p ordinary		Purchase		34,436		3.6275  GBP
10p ordinary		Purchase		32,514		3.6700  GBP
10p ordinary		Purchase		26,437		3.6433  GBP
10p ordinary		Purchase		24,835		3.6440  GBP
10p ordinary		Purchase		24,120		3.6583  GBP
10p ordinary		Purchase		20,497		3.6249  GBP
10p ordinary		Purchase		17,197		3.5487  GBP
10p ordinary		Purchase		15,015		3.5983  GBP
10p ordinary		Purchase		13,960		3.6691  GBP
10p ordinary		Purchase		10,125		3.6351  GBP
10p ordinary		Purchase		9,325		3.6422  GBP
10p ordinary		Purchase		9,002		3.6125  GBP
10p ordinary		Purchase		8,129		3.5520  GBP
10p ordinary		Purchase		7,364		3.6666  GBP
10p ordinary		Purchase		6,747		3.6537  GBP
10p ordinary		Purchase		5,186		3.5400  GBP
10p ordinary		Purchase		4,172		3.6465  GBP
10p ordinary		Purchase		4,047		3.6025  GBP
10p ordinary		Purchase		3,497		3.5900  GBP
10p ordinary		Purchase		3,431		3.6527  GBP
10p ordinary		Purchase		2,868		3.6478  GBP
10p ordinary		Purchase		2,797		3.6020  GBP
10p ordinary		Purchase		2,697		3.5691  GBP
10p ordinary		Purchase		2,619		3.6140  GBP
10p ordinary		Purchase		2,289		3.5820  GBP
10p ordinary		Purchase		2,219		3.7020  GBP
10p ordinary		Purchase		2,215		3.6875  GBP
10p ordinary		Purchase		1,865		3.5920  GBP
10p ordinary		Purchase		1,511		3.5780  GBP
10p ordinary		Purchase		1,471		3.5560  GBP
10p ordinary		Purchase		1,373		3.7160  GBP
10p ordinary		Purchase		1,342		3.6602  GBP
10p ordinary		Purchase		1,260		3.5320  GBP
10p ordinary		Purchase		1,218		3.6200  GBP
10p ordinary		Purchase		1,161		3.5500  GBP
10p ordinary		Purchase		1,075		3.5640  GBP
10p ordinary		Purchase		1,068		3.5880  GBP
10p ordinary		Purchase		1,065		3.6540  GBP
10p ordinary		Purchase		1,001		3.7060  GBP
10p ordinary		Purchase		999		3.6660  GBP
10p ordinary		Purchase		985		3.5660  GBP
10p ordinary		Purchase		952		3.6000  GBP
10p ordinary		Purchase		937		3.5460  GBP
10p ordinary		Purchase		933		3.5760  GBP
10p ordinary		Purchase		902		3.6080  GBP
10p ordinary		Purchase		866		3.5940  GBP
10p ordinary		Purchase		852		3.6160  GBP
10p ordinary		Purchase		778		3.6180  GBP
10p ordinary		Purchase		778		3.6100  GBP
10p ordinary		Purchase		410		3.5840  GBP
10p ordinary		Purchase		367		3.6600  GBP
10p ordinary		Purchase		276		3.5789  GBP
10p ordinary		Purchase		194		3.6860  GBP
10p ordinary		Purchase		154		3.6480  GBP
10p ordinary		Purchase		121		3.6120  GBP
10p ordinary		Sale		11,123,514		3.6700  GBP
10p ordinary		Sale		702,408		3.5800  GBP
10p ordinary		Sale		532,103		3.6376  GBP
10p ordinary		Sale		526,533		3.5762  GBP
10p ordinary		Sale		521,923		3.5830  GBP
10p ordinary		Sale		432,728		3.6069  GBP
10p ordinary		Sale		394,713		3.5785  GBP
10p ordinary		Sale		389,327		3.6063  GBP
10p ordinary		Sale		383,669		3.6384  GBP
10p ordinary		Sale		378,709		3.5692  GBP
10p ordinary		Sale		350,983		3.6120  GBP
10p ordinary		Sale		323,052		3.5633  GBP
10p ordinary		Sale		167,321		3.5271  GBP
10p ordinary		Sale		143,300		3.6415  GBP
10p ordinary		Sale		141,274		3.5516  GBP
10p ordinary		Sale		97,000		3.4806  GBP
10p ordinary		Sale		78,017		3.5740  GBP
10p ordinary		Sale		65,851		3.5313  GBP
10p ordinary		Sale		54,399		3.6589  GBP
10p ordinary		Sale		50,167		3.6083  GBP
10p ordinary		Sale		47,448		3.5874  GBP
10p ordinary		Sale		47,181		3.6045  GBP
10p ordinary		Sale		27,169		3.5907  GBP
10p ordinary		Sale		26,069		3.6592  GBP
10p ordinary		Sale		14,121		3.5975  GBP
10p ordinary		Sale		12,572		3.5734  GBP
10p ordinary		Sale		12,430		3.6614  GBP
10p ordinary		Sale		11,694		3.5805  GBP
10p ordinary		Sale		7,993		3.5871  GBP
10p ordinary		Sale		6,033		3.5173  GBP
10p ordinary		Sale		5,186		3.5400  GBP
10p ordinary		Sale		4,365		3.6475  GBP
10p ordinary		Sale		3,687		3.5326  GBP
10p ordinary		Sale		3,497		3.5900  GBP
10p ordinary		Sale		2,815		3.5695  GBP
10p ordinary		Sale		2,797		3.6020  GBP
10p ordinary		Sale		2,740		3.5337  GBP
10p ordinary		Sale		2,697		3.5694  GBP
10p ordinary		Sale		2,619		3.6140  GBP
10p ordinary		Sale		2,560		3.6060  GBP
10p ordinary		Sale		2,523		3.5860  GBP
10p ordinary		Sale		2,289		3.5820  GBP
10p ordinary		Sale		2,223		3.5881  GBP
10p ordinary		Sale		2,219		3.7020  GBP
10p ordinary		Sale		1,865		3.5920  GBP
10p ordinary		Sale		1,511		3.5780  GBP
10p ordinary		Sale		1,471		3.5560  GBP
10p ordinary		Sale		1,294		3.7060  GBP
10p ordinary		Sale		1,260		3.5320  GBP
10p ordinary		Sale		1,218		3.6200  GBP
10p ordinary		Sale		1,161		3.5500  GBP
10p ordinary		Sale		1,079		3.6596  GBP
10p ordinary		Sale		1,075		3.5640  GBP
10p ordinary		Sale		1,068		3.5880  GBP
10p ordinary		Sale		1,065		3.6540  GBP
10p ordinary		Sale		1,002		3.5720  GBP
10p ordinary		Sale		999		3.6660  GBP
10p ordinary		Sale		985		3.5660  GBP
10p ordinary		Sale		952		3.6000  GBP
10p ordinary		Sale		942		3.5340  GBP
10p ordinary		Sale		937		3.5460  GBP
10p ordinary		Sale		933		3.5760  GBP
10p ordinary		Sale		902		3.6080  GBP
10p ordinary		Sale		885		3.6440  GBP
10p ordinary		Sale		852		3.6160  GBP
10p ordinary		Sale		778		3.6180  GBP
10p ordinary		Sale		778		3.6100  GBP
10p ordinary		Sale		410		3.5840  GBP
10p ordinary		Sale		367		3.6600  GBP
10p ordinary		Sale		194		3.6860  GBP
10p ordinary		Sale		154		3.6480  GBP
10p ordinary		Sale		110,915		3.5789  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		145,194	3.6445  GBP
10p ordinary		SWAP		Decreasing Short		293	3.7060  GBP
10p ordinary		SWAP		Decreasing Short		4,365	3.6475  GBP
10p ordinary		SWAP		Decreasing Short		15,473	3.5800  GBP
10p ordinary		CFD		Decreasing Short		19,814	3.6553  GBP
10p ordinary		CFD		Decreasing Short		170,714	3.5710  GBP
10p ordinary		SWAP		Decreasing Short		192,059	3.6275  GBP
10p ordinary		CFD		Decreasing Short		213,923	3.5800  GBP
10p ordinary		SWAP		Decreasing Short		237,027	3.6324  GBP
10p ordinary		CFD		Decreasing Short		274,689	3.5652  GBP
10p ordinary		SWAP		Decreasing Short		323,052	3.5633  GBP
10p ordinary		SWAP		Decreasing Short		378,709	3.5692  GBP
10p ordinary		SWAP		Decreasing Short		432,728	3.6069  GBP
10p ordinary		SWAP		Decreasing Short		526,533	3.5762  GBP
10p ordinary		SWAP		Increasing Long		54,399	3.6589  GBP
10p ordinary		SWAP		Increasing Short		1,342	3.6602  GBP
10p ordinary		SWAP		Increasing Short		2,215	3.6875  GBP
10p ordinary		SWAP		Increasing Short		2,240	3.6860  GBP
10p ordinary		SWAP		Increasing Short		2,715	3.5823  GBP
10p ordinary		SWAP		Increasing Short		4,047	3.6025  GBP
10p ordinary		SWAP		Increasing Short		6,747	3.6537  GBP
10p ordinary		SWAP		Increasing Short		7,364	3.6666  GBP
10p ordinary		SWAP		Increasing Short		10,125	3.6351  GBP
10p ordinary		SWAP		Increasing Short		11,072	3.6583  GBP
10p ordinary		SWAP		Increasing Short		13,695	3.6406  GBP
10p ordinary		SWAP		Increasing Short		16,325	3.5669  GBP
10p ordinary		SWAP		Increasing Short		17,197	3.5488  GBP
10p ordinary		CFD		Increasing Short		32,514	3.6700  GBP
10p ordinary		CFD		Increasing Short		45,423	3.5803  GBP
10p ordinary		SWAP		Increasing Short		68,802	3.6376  GBP
10p ordinary		SWAP		Increasing Short		84,259	3.5841  GBP
10p ordinary		CFD		Increasing Short		104,810	3.5800  GBP
10p ordinary		SWAP		Increasing Short		167,687	3.6292  GBP
10p ordinary		SWAP		Increasing Short		352,618	3.5800  GBP
10p ordinary		SWAP		Increasing Short		406,934	3.6269  GBP
10p ordinary		SWAP		Increasing Short		448,631	3.6214  GBP
10p ordinary		SWAP		Increasing Short		551,175	3.5802  GBP
10p ordinary		SWAP		Increasing Short		756,540	3.5692  GBP
10p ordinary		SWAP		Opening Long		17,800	3.6527  GBP
10p ordinary		SWAP		Opening Long		28,780	3.5803  GBP
10p ordinary		SWAP		Opening Long		33,370	3.6013  GBP
10p ordinary		SWAP		Opening Long		44,747	3.5322  GBP
10p ordinary		SWAP		Opening Long		47,800	3.4181  GBP
10p ordinary		SWAP		Opening Long		57,800	3.5301  GBP
10p ordinary		SWAP		Opening Short		61,933	3.6553  GBP
10p ordinary		SWAP		Opening Short		218,400	3.6222  GBP
10p ordinary		SWAP		Opening Short		506,106	3.5800  GBP
10p ordinary		SWAP		Opening Short		568,039	3.5873  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:				08 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END