Form 8.3 - Smith (DS) plc

Barclays PLC

24 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:				23 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:			27,451,733	1.99%	19,404,498	1.41%
(2)	Cash-settled derivatives:
	and/or controlled:			8,422,572	0.61%	26,171,450	1.90%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			35,874,305	2.60%	45,575,948	3.30%
(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		547,632		3.7725  GBP
10p ordinary		Purchase		508,565		3.7640  GBP
10p ordinary		Purchase		365,063		3.7754  GBP
10p ordinary		Purchase		242,900		3.7784  GBP
10p ordinary		Purchase		226,583		3.7750  GBP
10p ordinary		Purchase		203,107		3.7818  GBP
10p ordinary		Purchase		178,788		3.7766  GBP
10p ordinary		Purchase		177,692		3.7660  GBP
10p ordinary		Purchase		168,774		3.7762  GBP
10p ordinary		Purchase		153,666		3.7817  GBP
10p ordinary		Purchase		111,974		3.7699  GBP
10p ordinary		Purchase		68,494		3.7924  GBP
10p ordinary		Purchase		42,783		3.7862  GBP
10p ordinary		Purchase		30,061		3.8006  GBP
10p ordinary		Purchase		28,910		3.7803  GBP
10p ordinary		Purchase		27,366		3.7770  GBP
10p ordinary		Purchase		25,611		3.7824  GBP
10p ordinary		Purchase		25,611		3.7822  GBP
10p ordinary		Purchase		22,237		3.7769  GBP
10p ordinary		Purchase		20,650		3.7804  GBP
10p ordinary		Purchase		18,728		3.7800  GBP
10p ordinary		Purchase		17,713		3.7953  GBP
10p ordinary		Purchase		16,128		3.7765  GBP
10p ordinary		Purchase		15,053		3.7899  GBP
10p ordinary		Purchase		13,089		3.7700  GBP
10p ordinary		Purchase		12,010		3.7690  GBP
10p ordinary		Purchase		11,952		3.7860  GBP
10p ordinary		Purchase		11,869		3.7794  GBP
10p ordinary		Purchase		11,853		3.7788  GBP
10p ordinary		Purchase		11,675		3.8018  GBP
10p ordinary		Purchase		11,489		3.8000  GBP
10p ordinary		Purchase		10,236		3.7820  GBP
10p ordinary		Purchase		10,054		3.7780  GBP
10p ordinary		Purchase		9,454		3.7740  GBP
10p ordinary		Purchase		8,752		3.7758  GBP
10p ordinary		Purchase		6,791		3.7854  GBP
10p ordinary		Purchase		6,742		3.7723  GBP
10p ordinary		Purchase		6,318		3.7783  GBP
10p ordinary		Purchase		5,219		3.7814  GBP
10p ordinary		Purchase		5,125		3.7747  GBP
10p ordinary		Purchase		3,291		3.7948  GBP
10p ordinary		Purchase		3,179		3.7811  GBP
10p ordinary		Purchase		2,820		3.7749  GBP
10p ordinary		Purchase		2,737		3.7760  GBP
10p ordinary		Purchase		2,480		3.7812  GBP
10p ordinary		Purchase		2,358		3.7613  GBP
10p ordinary		Purchase		2,274		3.7810  GBP
10p ordinary		Purchase		2,189		3.7901  GBP
10p ordinary		Purchase		2,147		3.7680  GBP
10p ordinary		Purchase		1,932		3.7960  GBP
10p ordinary		Purchase		1,895		3.7720  GBP
10p ordinary		Purchase		1,573		3.7746  GBP
10p ordinary		Purchase		1,285		3.7980  GBP
10p ordinary		Purchase		984		3.7990  GBP
10p ordinary		Purchase		871		3.7790  GBP
10p ordinary		Purchase		749		3.7807  GBP
10p ordinary		Purchase		86		3.7813  GBP
10p ordinary		Purchase		30		3.7801  GBP
10p ordinary		Sale		504,695		3.7860  GBP
10p ordinary		Sale		484,545		3.7777  GBP
10p ordinary		Sale		382,012		3.7686  GBP
10p ordinary		Sale		214,317		3.7769  GBP
10p ordinary		Sale		155,164		3.7640  GBP
10p ordinary		Sale		131,672		3.7757  GBP
10p ordinary		Sale		108,178		3.7641  GBP
10p ordinary		Sale		105,127		3.7714  GBP
10p ordinary		Sale		102,755		3.7660  GBP
10p ordinary		Sale		80,790		3.7762  GBP
10p ordinary		Sale		68,856		3.7800  GBP
10p ordinary		Sale		52,555		3.7688  GBP
10p ordinary		Sale		51,201		3.7754  GBP
10p ordinary		Sale		39,643		3.7780  GBP
10p ordinary		Sale		34,045		3.7758  GBP
10p ordinary		Sale		27,915		3.7763  GBP
10p ordinary		Sale		25,238		3.7773  GBP
10p ordinary		Sale		23,483		3.7755  GBP
10p ordinary		Sale		22,397		3.7793  GBP
10p ordinary		Sale		22,383		3.7740  GBP
10p ordinary		Sale		19,682		3.7798  GBP
10p ordinary		Sale		17,687		3.7795  GBP
10p ordinary		Sale		17,562		3.7807  GBP
10p ordinary		Sale		17,450		3.7682  GBP
10p ordinary		Sale		17,225		3.7742  GBP
10p ordinary		Sale		15,288		3.7746  GBP
10p ordinary		Sale		13,435		3.7778  GBP
10p ordinary		Sale		13,089		3.7700  GBP
10p ordinary		Sale		12,834		3.7701  GBP
10p ordinary		Sale		12,622		3.7723  GBP
10p ordinary		Sale		9,339		3.8000  GBP
10p ordinary		Sale		8,625		3.7729  GBP
10p ordinary		Sale		6,861		3.7912  GBP
10p ordinary		Sale		6,755		3.7771  GBP
10p ordinary		Sale		6,696		3.7721  GBP
10p ordinary		Sale		6,318		3.7787  GBP
10p ordinary		Sale		6,161		3.7781  GBP
10p ordinary		Sale		5,814		3.8028  GBP
10p ordinary		Sale		5,756		3.7820  GBP
10p ordinary		Sale		4,552		3.7741  GBP
10p ordinary		Sale		3,578		3.7680  GBP
10p ordinary		Sale		3,311		3.7760  GBP
10p ordinary		Sale		3,027		3.7718  GBP
10p ordinary		Sale		2,274		3.7810  GBP
10p ordinary		Sale		2,089		3.7770  GBP
10p ordinary		Sale		2,010		3.7699  GBP
10p ordinary		Sale		1,959		3.7702  GBP
10p ordinary		Sale		1,932		3.7960  GBP
10p ordinary		Sale		1,895		3.7720  GBP
10p ordinary		Sale		1,683		3.7832  GBP
10p ordinary		Sale		1,570		3.7750  GBP
10p ordinary		Sale		1,398		3.7862  GBP
10p ordinary		Sale		1,285		3.7980  GBP
10p ordinary		Sale		1,194		3.7788  GBP
10p ordinary		Sale		984		3.7990  GBP
10p ordinary		Sale		871		3.7790  GBP
10p ordinary		Sale		625		3.7846  GBP
10p ordinary		Sale		364		3.7890  GBP
10p ordinary		Sale		313		3.7823  GBP
10p ordinary		Sale		248		3.7613  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		30	3.7801  GBP
10p ordinary		SWAP		Decreasing Long		86	3.7814  GBP
10p ordinary		SWAP		Decreasing Long		244	3.7760  GBP
10p ordinary		SWAP		Decreasing Long		749	3.7807  GBP
10p ordinary		SWAP		Decreasing Long		937	3.7828  GBP
10p ordinary		SWAP		Decreasing Long		3,179	3.7811  GBP
10p ordinary		SWAP		Decreasing Long		11,348	3.7803  GBP
10p ordinary		SWAP		Decreasing Long		20,650	3.7804  GBP
10p ordinary		SWAP		Decreasing Long		28,938	3.7640  GBP
10p ordinary		SWAP		Decreasing Short		90	3.8000  GBP
10p ordinary		SWAP		Decreasing Short		266	3.7660  GBP
10p ordinary		CFD		Decreasing Short		328	3.7739  GBP
10p ordinary		SWAP		Decreasing Short		625	3.7846  GBP
10p ordinary		SWAP		Decreasing Short		1,194	3.7788  GBP
10p ordinary		CFD		Decreasing Short		37,588	3.7665  GBP
10p ordinary		CFD		Decreasing Short		54,897	3.7676  GBP
10p ordinary		SWAP		Decreasing Short		122,255	3.7655  GBP
10p ordinary		CFD		Decreasing Short		125,954	3.7639  GBP
10p ordinary		SWAP		Decreasing Short		214,317	3.7769  GBP
10p ordinary		SWAP		Decreasing Short		484,545	3.7777  GBP
10p ordinary		SWAP		Increasing Long		12,929	3.7740  GBP
10p ordinary		CFD		Increasing Short		131	3.7639  GBP
10p ordinary		CFD		Increasing Short		328	3.7739  GBP
10p ordinary		SWAP		Increasing Short		1,573	3.7746  GBP
10p ordinary		SWAP		Increasing Short		2,189	3.7901  GBP
10p ordinary		SWAP		Increasing Short		2,480	3.7812  GBP
10p ordinary		SWAP		Increasing Short		2,820	3.7749  GBP
10p ordinary		SWAP		Increasing Short		5,125	3.7747  GBP
10p ordinary		SWAP		Increasing Short		5,219	3.7814  GBP
10p ordinary		SWAP		Increasing Short		6,676	3.7640  GBP
10p ordinary		CFD		Increasing Short		8,506	3.8000  GBP
10p ordinary		SWAP		Increasing Short		9,668	3.7790  GBP
10p ordinary		SWAP		Increasing Short		11,853	3.7788  GBP
10p ordinary		SWAP		Increasing Short		12,970	3.7736  GBP
10p ordinary		SWAP		Increasing Short		19,037	3.7640  GBP
10p ordinary		CFD		Increasing Short		31,020	3.7643  GBP
10p ordinary		CFD		Increasing Short		120,427	3.7640  GBP
10p ordinary		SWAP		Increasing Short		125,409	3.7752  GBP
10p ordinary		SWAP		Increasing Short		178,788	3.7766  GBP
10p ordinary		SWAP		Increasing Short		226,583	3.7750  GBP
10p ordinary		SWAP		Increasing Short		406,507	3.7733  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 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END