Form 8.3 - Smith (DS) plc

Barclays PLC

09 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:				08 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:			20,895,839	1.51%	20,589,125	1.49%
(2)	Cash-settled derivatives:
	and/or controlled:			8,487,924	0.62%	19,065,730	1.38%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			29,383,763	2.13%	39,654,855	2.87%
(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		860,520		3.6220  GBP
10p ordinary		Purchase		508,959		3.6175  GBP
10p ordinary		Purchase		441,300		3.6279  GBP
10p ordinary		Purchase		420,423		3.6193  GBP
10p ordinary		Purchase		352,539		3.6161  GBP
10p ordinary		Purchase		343,786		3.6155  GBP
10p ordinary		Purchase		207,975		3.6200  GBP
10p ordinary		Purchase		201,380		3.6164  GBP
10p ordinary		Purchase		150,000		3.5728  GBP
10p ordinary		Purchase		98,450		3.6108  GBP
10p ordinary		Purchase		89,476		3.6307  GBP
10p ordinary		Purchase		71,781		3.6169  GBP
10p ordinary		Purchase		50,261		3.6219  GBP
10p ordinary		Purchase		34,512		3.6233  GBP
10p ordinary		Purchase		32,619		3.6251  GBP
10p ordinary		Purchase		24,610		3.6121  GBP
10p ordinary		Purchase		18,802		3.6400  GBP
10p ordinary		Purchase		18,644		3.6237  GBP
10p ordinary		Purchase		16,774		3.6297  GBP
10p ordinary		Purchase		11,955		3.6266  GBP
10p ordinary		Purchase		10,792		3.5960  GBP
10p ordinary		Purchase		8,722		3.6215  GBP
10p ordinary		Purchase		8,587		3.6261  GBP
10p ordinary		Purchase		6,571		3.6145  GBP
10p ordinary		Purchase		5,621		3.6240  GBP
10p ordinary		Purchase		4,841		3.6183  GBP
10p ordinary		Purchase		4,314		3.5900  GBP
10p ordinary		Purchase		4,284		3.6243  GBP
10p ordinary		Purchase		4,150		3.6223  GBP
10p ordinary		Purchase		3,907		3.6260  GBP
10p ordinary		Purchase		3,421		3.6300  GBP
10p ordinary		Purchase		3,206		3.6420  GBP
10p ordinary		Purchase		2,754		3.6253  GBP
10p ordinary		Purchase		2,068		3.6011  GBP
10p ordinary		Purchase		1,683		3.6160  GBP
10p ordinary		Purchase		1,296		3.6320  GBP
10p ordinary		Purchase		1,000		3.6140  GBP
10p ordinary		Purchase		908		3.6280  GBP
10p ordinary		Purchase		620		3.5990  GBP
10p ordinary		Purchase		600		3.6162  GBP
10p ordinary		Purchase		518		3.6020  GBP
10p ordinary		Purchase		256		3.6189  GBP
10p ordinary		Purchase		161		3.5880  GBP
10p ordinary		Sale		2,810,947		3.5800  GBP
10p ordinary		Sale		1,367,673		3.6200  GBP
10p ordinary		Sale		430,239		3.6207  GBP
10p ordinary		Sale		250,000		3.6244  GBP
10p ordinary		Sale		178,955		3.6193  GBP
10p ordinary		Sale		163,594		3.6123  GBP
10p ordinary		Sale		105,778		3.6177  GBP
10p ordinary		Sale		76,291		3.6241  GBP
10p ordinary		Sale		70,622		3.5962  GBP
10p ordinary		Sale		45,257		3.6212  GBP
10p ordinary		Sale		44,053		3.5899  GBP
10p ordinary		Sale		40,288		3.6199  GBP
10p ordinary		Sale		40,121		3.6210  GBP
10p ordinary		Sale		35,235		3.6420  GBP
10p ordinary		Sale		30,707		3.6248  GBP
10p ordinary		Sale		28,491		3.5838  GBP
10p ordinary		Sale		26,021		3.6181  GBP
10p ordinary		Sale		22,145		3.6184  GBP
10p ordinary		Sale		20,580		3.6196  GBP
10p ordinary		Sale		19,197		3.6250  GBP
10p ordinary		Sale		17,597		3.6247  GBP
10p ordinary		Sale		17,390		3.5851  GBP
10p ordinary		Sale		16,633		3.5964  GBP
10p ordinary		Sale		14,377		3.6081  GBP
10p ordinary		Sale		13,327		3.5700  GBP
10p ordinary		Sale		10,792		3.5960  GBP
10p ordinary		Sale		6,580		3.6135  GBP
10p ordinary		Sale		6,409		3.6141  GBP
10p ordinary		Sale		6,090		3.6259  GBP
10p ordinary		Sale		5,621		3.6240  GBP
10p ordinary		Sale		4,761		3.6260  GBP
10p ordinary		Sale		4,735		3.6205  GBP
10p ordinary		Sale		2,901		3.6140  GBP
10p ordinary		Sale		2,870		3.5660  GBP
10p ordinary		Sale		2,646		3.5794  GBP
10p ordinary		Sale		2,591		3.6280  GBP
10p ordinary		Sale		1,685		3.6320  GBP
10p ordinary		Sale		1,683		3.6160  GBP
10p ordinary		Sale		1,682		3.6300  GBP
10p ordinary		Sale		1,520		3.6183  GBP
10p ordinary		Sale		1,486		3.6400  GBP
10p ordinary		Sale		1,231		3.6180  GBP
10p ordinary		Sale		909		3.6220  GBP
10p ordinary		Sale		886		3.5900  GBP
10p ordinary		Sale		620		3.5990  GBP
10p ordinary		Sale		518		3.6020  GBP
10p ordinary		Sale		385		3.5914  GBP
10p ordinary		Sale		348		3.6291  GBP
10p ordinary		Sale		331		3.6000  GBP
10p ordinary		Sale		15		3.6119  GBP
10p ordinary		Sale		13		3.6005  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		Closing Short		71,848	3.6043  GBP
10p ordinary		SWAP		Closing Short		441,300	3.6279  GBP
10p ordinary		SWAP		Decreasing Long		161	3.5880  GBP
10p ordinary		SWAP		Decreasing Long		600	3.6162  GBP
10p ordinary		SWAP		Decreasing Short		215	3.6320  GBP
10p ordinary		SWAP		Decreasing Short		262	3.6280  GBP
10p ordinary		CFD		Decreasing Short		620	3.5990  GBP
10p ordinary		CFD		Decreasing Short		5,289	3.6200  GBP
10p ordinary		CFD		Decreasing Short		10,792	3.5959  GBP
10p ordinary		CFD		Decreasing Short		33,632	3.6419  GBP
10p ordinary		SWAP		Decreasing Short		105,778	3.6177  GBP
10p ordinary		SWAP		Decreasing Short		178,955	3.6193  GBP
10p ordinary		SWAP		Decreasing Short		2,810,947	3.5800  GBP
10p ordinary		SWAP		Increasing Long		15	3.6119  GBP
10p ordinary		SWAP		Increasing Short		2,068	3.6011  GBP
10p ordinary		SWAP		Increasing Short		2,073	3.5900  GBP
10p ordinary		SWAP		Increasing Short		4,284	3.6243  GBP
10p ordinary		SWAP		Increasing Short		50,002	3.6102  GBP
10p ordinary		SWAP		Increasing Short		70,839	3.6192  GBP
10p ordinary		SWAP		Increasing Short		89,476	3.6307  GBP
10p ordinary		SWAP		Increasing Short		95,000	3.6155  GBP
10p ordinary		SWAP		Increasing Short		132,220	3.6200  GBP
10p ordinary		SWAP		Increasing Short		137,504	3.6102  GBP
10p ordinary		SWAP		Increasing Short		163,576	3.6194  GBP
10p ordinary		SWAP		Increasing Short		201,380	3.6164  GBP
10p ordinary		CFD		Increasing Short		211,307	3.6200  GBP
10p ordinary		SWAP		Increasing Short		235,000	3.6155  GBP
10p ordinary		SWAP		Increasing Short		352,539	3.6161  GBP
10p ordinary		SWAP		Opening Long		59,979	3.6162  GBP
10p ordinary		SWAP		Opening Long		152,510	3.6135  GBP
10p ordinary		SWAP		Opening Long		1,022,638	3.6200  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:				09 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END