Form 8.3 - Smith (DS) plc

Barclays PLC

10 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:				09 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:			22,910,505	1.66%	19,153,787	1.39%
(2)	Cash-settled derivatives:
	and/or controlled:			7,931,188	0.57%	20,408,225	1.48%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			30,841,693	2.24%	39,562,012	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		1,017,796		3.6340  GBP
10p ordinary		Purchase		712,897		3.6062  GBP
10p ordinary		Purchase		446,148		3.6303  GBP
10p ordinary		Purchase		435,500		3.6423  GBP
10p ordinary		Purchase		400,000		3.6682  GBP
10p ordinary		Purchase		320,197		3.6262  GBP
10p ordinary		Purchase		235,159		3.6004  GBP
10p ordinary		Purchase		156,613		3.6217  GBP
10p ordinary		Purchase		122,519		3.6000  GBP
10p ordinary		Purchase		93,945		3.6425  GBP
10p ordinary		Purchase		51,026		3.6541  GBP
10p ordinary		Purchase		45,519		3.6080  GBP
10p ordinary		Purchase		38,607		3.6690  GBP
10p ordinary		Purchase		20,334		3.6718  GBP
10p ordinary		Purchase		16,078		3.6737  GBP
10p ordinary		Purchase		15,392		3.6421  GBP
10p ordinary		Purchase		14,279		3.6712  GBP
10p ordinary		Purchase		11,999		3.6486  GBP
10p ordinary		Purchase		11,158		3.6388  GBP
10p ordinary		Purchase		10,153		3.6688  GBP
10p ordinary		Purchase		9,283		3.6218  GBP
10p ordinary		Purchase		7,985		3.6005  GBP
10p ordinary		Purchase		7,964		3.6401  GBP
10p ordinary		Purchase		7,363		3.6652  GBP
10p ordinary		Purchase		5,916		3.6719  GBP
10p ordinary		Purchase		4,799		3.6708  GBP
10p ordinary		Purchase		4,681		3.6538  GBP
10p ordinary		Purchase		4,000		3.5979  GBP
10p ordinary		Purchase		3,294		3.6648  GBP
10p ordinary		Purchase		2,975		3.6725  GBP
10p ordinary		Purchase		2,843		3.6240  GBP
10p ordinary		Purchase		2,734		3.6776  GBP
10p ordinary		Purchase		2,062		3.6700  GBP
10p ordinary		Purchase		2,057		3.6740  GBP
10p ordinary		Purchase		2,006		3.6400  GBP
10p ordinary		Purchase		1,892		3.6720  GBP
10p ordinary		Purchase		1,721		3.6382  GBP
10p ordinary		Purchase		1,694		3.6300  GBP
10p ordinary		Purchase		1,541		3.6379  GBP
10p ordinary		Purchase		1,508		3.6180  GBP
10p ordinary		Purchase		1,339		3.6620  GBP
10p ordinary		Purchase		1,295		3.6269  GBP
10p ordinary		Purchase		1,243		3.6734  GBP
10p ordinary		Purchase		1,220		3.6770  GBP
10p ordinary		Purchase		1,090		3.6780  GBP
10p ordinary		Purchase		1,073		3.6511  GBP
10p ordinary		Purchase		980		3.6380  GBP
10p ordinary		Purchase		883		3.6480  GBP
10p ordinary		Purchase		880		3.6500  GBP
10p ordinary		Purchase		873		3.6840  GBP
10p ordinary		Purchase		864		3.6640  GBP
10p ordinary		Purchase		811		3.6160  GBP
10p ordinary		Purchase		681		3.6181  GBP
10p ordinary		Purchase		575		3.6230  GBP
10p ordinary		Purchase		574		3.6200  GBP
10p ordinary		Purchase		562		3.6680  GBP
10p ordinary		Purchase		560		3.6220  GBP
10p ordinary		Purchase		236		3.6360  GBP
10p ordinary		Purchase		4		3.6660  GBP
10p ordinary		Purchase		1		3.6280  GBP
10p ordinary		Sale		463,046		3.6000  GBP
10p ordinary		Sale		444,299		3.6058  GBP
10p ordinary		Sale		355,708		3.6026  GBP
10p ordinary		Sale		235,512		3.6413  GBP
10p ordinary		Sale		150,000		3.6720  GBP
10p ordinary		Sale		122,927		3.6375  GBP
10p ordinary		Sale		112,224		3.6475  GBP
10p ordinary		Sale		81,304		3.6091  GBP
10p ordinary		Sale		48,393		3.6485  GBP
10p ordinary		Sale		44,699		3.6277  GBP
10p ordinary		Sale		38,589		3.6299  GBP
10p ordinary		Sale		35,855		3.6349  GBP
10p ordinary		Sale		35,676		3.6362  GBP
10p ordinary		Sale		23,581		3.6598  GBP
10p ordinary		Sale		19,350		3.6096  GBP
10p ordinary		Sale		18,228		3.6386  GBP
10p ordinary		Sale		17,795		3.6372  GBP
10p ordinary		Sale		12,642		3.6507  GBP
10p ordinary		Sale		11,333		3.6462  GBP
10p ordinary		Sale		9,076		3.6263  GBP
10p ordinary		Sale		7,179		3.6422  GBP
10p ordinary		Sale		7,033		3.6318  GBP
10p ordinary		Sale		6,729		3.6274  GBP
10p ordinary		Sale		5,209		3.6140  GBP
10p ordinary		Sale		4,526		3.6240  GBP
10p ordinary		Sale		4,184		3.6286  GBP
10p ordinary		Sale		3,611		3.6326  GBP
10p ordinary		Sale		3,453		3.6383  GBP
10p ordinary		Sale		2,919		3.6394  GBP
10p ordinary		Sale		2,913		3.6400  GBP
10p ordinary		Sale		2,739		3.6227  GBP
10p ordinary		Sale		2,676		3.6371  GBP
10p ordinary		Sale		2,477		3.6290  GBP
10p ordinary		Sale		2,402		3.6309  GBP
10p ordinary		Sale		2,267		3.6436  GBP
10p ordinary		Sale		2,078		3.6359  GBP
10p ordinary		Sale		2,062		3.6700  GBP
10p ordinary		Sale		2,057		3.6740  GBP
10p ordinary		Sale		1,694		3.6300  GBP
10p ordinary		Sale		1,508		3.6180  GBP
10p ordinary		Sale		1,405		3.6220  GBP
10p ordinary		Sale		1,339		3.6620  GBP
10p ordinary		Sale		1,220		3.6770  GBP
10p ordinary		Sale		1,090		3.6780  GBP
10p ordinary		Sale		883		3.6480  GBP
10p ordinary		Sale		880		3.6500  GBP
10p ordinary		Sale		873		3.6840  GBP
10p ordinary		Sale		864		3.6640  GBP
10p ordinary		Sale		845		3.6293  GBP
10p ordinary		Sale		811		3.6160  GBP
10p ordinary		Sale		579		3.6199  GBP
10p ordinary		Sale		562		3.6680  GBP
10p ordinary		Sale		1		3.6280  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 Long		131,090	3.6340  GBP
10p ordinary		SWAP		Closing Long		227,641	3.6000  GBP
10p ordinary		SWAP		Closing Long		338,949	3.6076  GBP
10p ordinary		SWAP		Closing Long		435,500	3.6423  GBP
10p ordinary		SWAP		Closing Short		44,699	3.6277  GBP
10p ordinary		SWAP		Closing Short		81,304	3.6091  GBP
10p ordinary		SWAP		Closing Short		112,224	3.6475  GBP
10p ordinary		SWAP		Decreasing Long		605	3.6382  GBP
10p ordinary		SWAP		Decreasing Long		681	3.6181  GBP
10p ordinary		SWAP		Decreasing Long		1,073	3.6510  GBP
10p ordinary		SWAP		Decreasing Long		1,682	3.6419  GBP
10p ordinary		SWAP		Decreasing Long		1,892	3.6720  GBP
10p ordinary		SWAP		Decreasing Long		1,985	3.6340  GBP
10p ordinary		SWAP		Decreasing Long		4,681	3.6538  GBP
10p ordinary		SWAP		Decreasing Long		7,985	3.6005  GBP
10p ordinary		SWAP		Decreasing Long		11,999	3.6486  GBP
10p ordinary		SWAP		Decreasing Long		51,026	3.6541  GBP
10p ordinary		SWAP		Decreasing Long		93,945	3.6425  GBP
10p ordinary		SWAP		Decreasing Short		140	3.6280  GBP
10p ordinary		SWAP		Decreasing Short		845	3.6293  GBP
10p ordinary		SWAP		Decreasing Short		1,676	3.6400  GBP
10p ordinary		SWAP		Decreasing Short		2,919	3.6394  GBP
10p ordinary		SWAP		Decreasing Short		48,644	3.6009  GBP
10p ordinary		SWAP		Decreasing Short		68,617	3.6372  GBP
10p ordinary		SWAP		Decreasing Short		235,512	3.6413  GBP
10p ordinary		CFD		Decreasing Short		236,285	3.6000  GBP
10p ordinary		SWAP		Increasing Long		579	3.6199  GBP
10p ordinary		CFD		Increasing Short		1	3.6300  GBP
10p ordinary		SWAP		Increasing Short		560	3.6220  GBP
10p ordinary		SWAP		Increasing Short		1,295	3.6269  GBP
10p ordinary		SWAP		Increasing Short		29,506	3.6341  GBP
10p ordinary		CFD		Increasing Short		65,627	3.6000  GBP
10p ordinary		SWAP		Increasing Short		78,468	3.6023  GBP
10p ordinary		CFD		Increasing Short		88,004	3.6003  GBP
10p ordinary		SWAP		Increasing Short		156,613	3.6217  GBP
10p ordinary		SWAP		Increasing Short		320,197	3.6262  GBP
10p ordinary		SWAP		Increasing Short		419,278	3.6000  GBP
10p ordinary		CFD		Increasing Short		1,015,811	3.6339  GBP
10p ordinary		SWAP		Opening Long		63,839	3.6294  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:				10 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END