Form 8.3 - Smith (DS) plc

Barclays PLC

17 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:				14 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:			31,605,671	2.29%	27,813,203	2.02%
(2)	Cash-settled derivatives:
	and/or controlled:			7,647,708	0.55%	31,011,124	2.25%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			39,253,379	2.85%	58,824,327	4.26%
(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		145,270		3.4970  GBP
10p ordinary		Purchase		139,685		3.4885  GBP
10p ordinary		Purchase		82,398		3.4915  GBP
10p ordinary		Purchase		62,731		3.5000  GBP
10p ordinary		Purchase		60,064		3.4880  GBP
10p ordinary		Purchase		46,340		3.4731  GBP
10p ordinary		Purchase		43,160		3.4826  GBP
10p ordinary		Purchase		35,945		3.4931  GBP
10p ordinary		Purchase		29,382		3.4805  GBP
10p ordinary		Purchase		17,495		3.4854  GBP
10p ordinary		Purchase		16,481		3.4883  GBP
10p ordinary		Purchase		15,330		3.4835  GBP
10p ordinary		Purchase		9,702		3.5100  GBP
10p ordinary		Purchase		8,387		3.4819  GBP
10p ordinary		Purchase		8,131		3.4737  GBP
10p ordinary		Purchase		7,083		3.5075  GBP
10p ordinary		Purchase		3,400		3.5033  GBP
10p ordinary		Purchase		3,227		3.4732  GBP
10p ordinary		Purchase		3,099		3.4921  GBP
10p ordinary		Purchase		3,092		3.4874  GBP
10p ordinary		Purchase		2,680		3.4956  GBP
10p ordinary		Purchase		1,781		3.4825  GBP
10p ordinary		Purchase		1,685		3.4940  GBP
10p ordinary		Purchase		1,351		3.4859  GBP
10p ordinary		Purchase		992		3.4980  GBP
10p ordinary		Purchase		896		3.4860  GBP
10p ordinary		Purchase		801		3.4820  GBP
10p ordinary		Purchase		504		3.5120  GBP
10p ordinary		Purchase		500		3.4920  GBP
10p ordinary		Purchase		54		3.4620  GBP
10p ordinary		Purchase		23		3.4600  GBP
10p ordinary		Purchase		18		3.4985  GBP
10p ordinary		Sale		427,223		3.5000  GBP
10p ordinary		Sale		319,009		3.4979  GBP
10p ordinary		Sale		95,627		3.5004  GBP
10p ordinary		Sale		43,500		3.4946  GBP
10p ordinary		Sale		42,250		3.4587  GBP
10p ordinary		Sale		11,762		3.4899  GBP
10p ordinary		Sale		11,510		3.5100  GBP
10p ordinary		Sale		8,947		3.5022  GBP
10p ordinary		Sale		7,123		3.4845  GBP
10p ordinary		Sale		5,722		3.4965  GBP
10p ordinary		Sale		5,715		3.5120  GBP
10p ordinary		Sale		3,471		3.4705  GBP
10p ordinary		Sale		2,986		3.4994  GBP
10p ordinary		Sale		2,932		3.4976  GBP
10p ordinary		Sale		2,054		3.4971  GBP
10p ordinary		Sale		1,107		3.5037  GBP
10p ordinary		Sale		1,020		3.4958  GBP
10p ordinary		Sale		859		3.4620  GBP
10p ordinary		Sale		816		3.4740  GBP
10p ordinary		Sale		570		3.5200  GBP
10p ordinary		Sale		310		3.4980  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		2,680	3.4956  GBP
10p ordinary		SWAP		Closing Short		8,202	3.4821  GBP
10p ordinary		SWAP		Closing Short		41,889	3.4890  GBP
10p ordinary		SWAP		Closing Short		279,821	3.5000  GBP
10p ordinary		SWAP		Decreasing Long		504	3.5120  GBP
10p ordinary		SWAP		Decreasing Long		46,340	3.4731  GBP
10p ordinary		SWAP		Decreasing Long		52,600	3.4878  GBP
10p ordinary		SWAP		Decreasing Short		515	3.4780  GBP
10p ordinary		SWAP		Decreasing Short		570	3.5200  GBP
10p ordinary		SWAP		Decreasing Short		1,107	3.5037  GBP
10p ordinary		CFD		Decreasing Short		5,225	3.5080  GBP
10p ordinary		SWAP		Decreasing Short		7,123	3.4845  GBP
10p ordinary		SWAP		Decreasing Short		8,947	3.5022  GBP
10p ordinary		CFD		Decreasing Short		14,099	3.4776  GBP
10p ordinary		CFD		Decreasing Short		83,015	3.5000  GBP
10p ordinary		SWAP		Decreasing Short		93,014	3.5000  GBP
10p ordinary		SWAP		Decreasing Short		116,911	3.5000  GBP
10p ordinary		SWAP		Increasing Long		1	3.4899  GBP
10p ordinary		SWAP		Increasing Long		2,986	3.4994  GBP
10p ordinary		CFD		Increasing Short		18	3.4983  GBP
10p ordinary		SWAP		Increasing Short		577	3.5000  GBP
10p ordinary		SWAP		Increasing Short		806	3.4940  GBP
10p ordinary		SWAP		Increasing Short		1,781	3.4825  GBP
10p ordinary		CFD		Increasing Short		2,621	3.4974  GBP
10p ordinary		SWAP		Increasing Short		3,092	3.4874  GBP
10p ordinary		CFD		Increasing Short		5,225	3.5080  GBP
10p ordinary		CFD		Increasing Short		5,659	3.5000  GBP
10p ordinary		SWAP		Increasing Short		28,637	3.4841  GBP
10p ordinary		CFD		Increasing Short		32,776	3.4834  GBP
10p ordinary		SWAP		Increasing Short		40,649	3.4811  GBP
10p ordinary		SWAP		Increasing Short		60,064	3.4880  GBP
10p ordinary		SWAP		Increasing Short		139,685	3.4885  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:				17 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END