Form 8.3 - Smith (DS) plc

Barclays PLC

14 June 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:				13 Jun 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:			31,998,433	2.32%	27,962,682	2.03%
(2)	Cash-settled derivatives:
	and/or controlled:			7,782,482	0.56%	31,330,888	2.27%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			39,780,915	2.88%	59,293,570	4.30%
(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		708,718		3.5096  GBP
10p ordinary		Purchase		310,061		3.5171  GBP
10p ordinary		Purchase		121,150		3.5058  GBP
10p ordinary		Purchase		97,007		3.5268  GBP
10p ordinary		Purchase		49,832		3.5060  GBP
10p ordinary		Purchase		32,359		3.5341  GBP
10p ordinary		Purchase		27,568		3.5540  GBP
10p ordinary		Purchase		22,500		3.5690  GBP
10p ordinary		Purchase		20,395		3.5138  GBP
10p ordinary		Purchase		14,783		3.5236  GBP
10p ordinary		Purchase		14,223		3.5289  GBP
10p ordinary		Purchase		11,403		3.5255  GBP
10p ordinary		Purchase		10,720		3.5742  GBP
10p ordinary		Purchase		10,028		3.5195  GBP
10p ordinary		Purchase		6,647		3.5200  GBP
10p ordinary		Purchase		6,595		3.5760  GBP
10p ordinary		Purchase		5,368		3.5720  GBP
10p ordinary		Purchase		4,728		3.5260  GBP
10p ordinary		Purchase		4,167		3.5700  GBP
10p ordinary		Purchase		3,424		3.5266  GBP
10p ordinary		Purchase		2,875		3.5767  GBP
10p ordinary		Purchase		2,118		3.5695  GBP
10p ordinary		Purchase		1,975		3.5240  GBP
10p ordinary		Purchase		1,939		3.5120  GBP
10p ordinary		Purchase		1,929		3.5140  GBP
10p ordinary		Purchase		1,926		3.5705  GBP
10p ordinary		Purchase		1,714		3.5459  GBP
10p ordinary		Purchase		1,639		3.5734  GBP
10p ordinary		Purchase		1,499		3.5190  GBP
10p ordinary		Purchase		1,386		3.5220  GBP
10p ordinary		Purchase		1,015		3.5180  GBP
10p ordinary		Purchase		922		3.5100  GBP
10p ordinary		Purchase		813		3.5460  GBP
10p ordinary		Purchase		767		3.5084  GBP
10p ordinary		Purchase		706		3.5637  GBP
10p ordinary		Purchase		526		3.5660  GBP
10p ordinary		Purchase		336		3.5722  GBP
10p ordinary		Purchase		192		3.5655  GBP
10p ordinary		Purchase		42		3.5040  GBP
10p ordinary		Sale		500,000		3.5742  GBP
10p ordinary		Sale		381,444		3.5177  GBP
10p ordinary		Sale		250,000		3.5583  GBP
10p ordinary		Sale		170,680		3.5219  GBP
10p ordinary		Sale		144,877		3.5060  GBP
10p ordinary		Sale		126,750		3.5218  GBP
10p ordinary		Sale		85,622		3.5258  GBP
10p ordinary		Sale		45,882		3.5508  GBP
10p ordinary		Sale		38,498		3.5676  GBP
10p ordinary		Sale		27,143		3.5262  GBP
10p ordinary		Sale		26,335		3.5663  GBP
10p ordinary		Sale		25,865		3.5243  GBP
10p ordinary		Sale		20,655		3.5284  GBP
10p ordinary		Sale		16,107		3.5274  GBP
10p ordinary		Sale		15,988		3.5368  GBP
10p ordinary		Sale		13,667		3.5253  GBP
10p ordinary		Sale		12,674		3.5414  GBP
10p ordinary		Sale		10,053		3.5489  GBP
10p ordinary		Sale		7,871		3.5183  GBP
10p ordinary		Sale		6,857		3.5276  GBP
10p ordinary		Sale		6,504		3.5687  GBP
10p ordinary		Sale		6,189		3.5200  GBP
10p ordinary		Sale		5,911		3.5166  GBP
10p ordinary		Sale		5,527		3.5740  GBP
10p ordinary		Sale		4,595		3.5721  GBP
10p ordinary		Sale		4,167		3.5700  GBP
10p ordinary		Sale		4,101		3.5760  GBP
10p ordinary		Sale		3,652		3.5337  GBP
10p ordinary		Sale		3,179		3.5140  GBP
10p ordinary		Sale		2,463		3.5187  GBP
10p ordinary		Sale		2,454		3.5120  GBP
10p ordinary		Sale		1,975		3.5240  GBP
10p ordinary		Sale		1,847		3.5728  GBP
10p ordinary		Sale		1,788		3.5180  GBP
10p ordinary		Sale		1,700		3.5309  GBP
10p ordinary		Sale		1,517		3.5250  GBP
10p ordinary		Sale		1,386		3.5220  GBP
10p ordinary		Sale		1,049		3.5720  GBP
10p ordinary		Sale		935		3.5655  GBP
10p ordinary		Sale		922		3.5100  GBP
10p ordinary		Sale		879		3.5724  GBP
10p ordinary		Sale		527		3.5920  GBP
10p ordinary		Sale		87		3.5040  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		97	3.5700  GBP
10p ordinary		SWAP		Closing Long		192	3.5655  GBP
10p ordinary		SWAP		Closing Long		329	3.5742  GBP
10p ordinary		SWAP		Closing Long		336	3.5722  GBP
10p ordinary		SWAP		Closing Long		706	3.5637  GBP
10p ordinary		SWAP		Decreasing Long		1,121	3.5220  GBP
10p ordinary		SWAP		Decreasing Long		13,662	3.5237  GBP
10p ordinary		SWAP		Decreasing Long		14,223	3.5289  GBP
10p ordinary		SWAP		Decreasing Long		22,500	3.5690  GBP
10p ordinary		SWAP		Decreasing Short		804	3.5240  GBP
10p ordinary		SWAP		Decreasing Short		935	3.5655  GBP
10p ordinary		SWAP		Decreasing Short		1,847	3.5728  GBP
10p ordinary		SWAP		Decreasing Short		3,652	3.5337  GBP
10p ordinary		CFD		Decreasing Short		3,820	3.5060  GBP
10p ordinary		CFD		Decreasing Short		5,847	3.5919  GBP
10p ordinary		CFD		Decreasing Short		23,980	3.5233  GBP
10p ordinary		SWAP		Decreasing Short		26,335	3.5663  GBP
10p ordinary		SWAP		Decreasing Short		29,163	3.5518  GBP
10p ordinary		SWAP		Decreasing Short		31,806	3.5457  GBP
10p ordinary		SWAP		Decreasing Short		72,623	3.5060  GBP
10p ordinary		SWAP		Decreasing Short		85,622	3.5258  GBP
10p ordinary		CFD		Decreasing Short		92,306	3.5059  GBP
10p ordinary		SWAP		Decreasing Short		170,518	3.5269  GBP
10p ordinary		SWAP		Decreasing Short		182,948	3.5273  GBP
10p ordinary		SWAP		Decreasing Short		250,000	3.5582  GBP
10p ordinary		SWAP		Decreasing Short		500,000	3.5742  GBP
10p ordinary		SWAP		Increasing Long		6,504	3.5687  GBP
10p ordinary		SWAP		Increasing Short		526	3.5660  GBP
10p ordinary		CFD		Increasing Short		1,078	3.5059  GBP
10p ordinary		CFD		Increasing Short		1,526	3.5417  GBP
10p ordinary		SWAP		Increasing Short		2,118	3.5695  GBP
10p ordinary		SWAP		Increasing Short		3,067	3.5366  GBP
10p ordinary		CFD		Increasing Short		3,820	3.5060  GBP
10p ordinary		CFD		Increasing Short		5,847	3.5919  GBP
10p ordinary		SWAP		Increasing Short		6,134	3.5276  GBP
10p ordinary		SWAP		Increasing Short		9,155	3.5207  GBP
10p ordinary		CFD		Increasing Short		14,332	3.5361  GBP
10p ordinary		CFD		Increasing Short		36,117	3.5063  GBP
10p ordinary		SWAP		Increasing Short		97,007	3.5268  GBP
10p ordinary		SWAP		Increasing Short		574,067	3.5060  GBP
10p ordinary		SWAP		Opening Short		39,366	3.5691  GBP
10p ordinary		SWAP		Opening Short		40,472	3.5060  GBP
10p ordinary		SWAP		Opening Short		79,838	3.5319  GBP
10p ordinary		SWAP		Opening Short		310,828	3.5171  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:				14 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END