Form 8.3 - Smith (DS) plc

Barclays PLC

27 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:				26 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:			22,468,257	1.63%	22,692,415	1.64%
(2)	Cash-settled derivatives:
	and/or controlled:			9,950,462	0.72%	21,665,122	1.57%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			32,418,719	2.35%	44,357,537	3.22%
(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		1,446,693		3.7380  GBP
10p ordinary		Purchase		246,804		3.6840  GBP
10p ordinary		Purchase		82,941		3.6901  GBP
10p ordinary		Purchase		26,522		3.6875  GBP
10p ordinary		Purchase		25,793		3.7264  GBP
10p ordinary		Purchase		22,023		3.6849  GBP
10p ordinary		Purchase		16,330		3.6851  GBP
10p ordinary		Purchase		15,348		3.6829  GBP
10p ordinary		Purchase		10,000		3.6707  GBP
10p ordinary		Purchase		7,594		3.6790  GBP
10p ordinary		Purchase		5,701		3.6870  GBP
10p ordinary		Purchase		4,176		3.6880  GBP
10p ordinary		Purchase		3,433		3.6904  GBP
10p ordinary		Purchase		3,214		3.6868  GBP
10p ordinary		Purchase		2,490		3.6940  GBP
10p ordinary		Purchase		1,678		3.6854  GBP
10p ordinary		Purchase		1,309		3.6910  GBP
10p ordinary		Purchase		1,281		3.6860  GBP
10p ordinary		Purchase		1,026		3.6838  GBP
10p ordinary		Purchase		835		3.6900  GBP
10p ordinary		Purchase		775		3.6800  GBP
10p ordinary		Purchase		767		3.6920  GBP
10p ordinary		Purchase		112		3.6740  GBP
10p ordinary		Purchase		109		3.6836  GBP
10p ordinary		Sale		446,154		3.6849  GBP
10p ordinary		Sale		190,008		3.6844  GBP
10p ordinary		Sale		160,870		3.7080  GBP
10p ordinary		Sale		104,162		3.6841  GBP
10p ordinary		Sale		58,668		3.6840  GBP
10p ordinary		Sale		40,176		3.6845  GBP
10p ordinary		Sale		39,219		3.6857  GBP
10p ordinary		Sale		28,045		3.6834  GBP
10p ordinary		Sale		18,787		3.6838  GBP
10p ordinary		Sale		7,594		3.6790  GBP
10p ordinary		Sale		6,572		3.6851  GBP
10p ordinary		Sale		6,283		3.6881  GBP
10p ordinary		Sale		3,604		3.6870  GBP
10p ordinary		Sale		3,598		3.6883  GBP
10p ordinary		Sale		3,482		3.6877  GBP
10p ordinary		Sale		2,490		3.6940  GBP
10p ordinary		Sale		2,461		3.7380  GBP
10p ordinary		Sale		2,403		3.6837  GBP
10p ordinary		Sale		2,385		3.6880  GBP
10p ordinary		Sale		2,254		3.6833  GBP
10p ordinary		Sale		1,678		3.6858  GBP
10p ordinary		Sale		1,007		3.6850  GBP
10p ordinary		Sale		700		3.6860  GBP
10p ordinary		Sale		234		3.6780  GBP
10p ordinary		Sale		186		3.6740  GBP
10p ordinary		Sale		5		3.6829  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		CFD		Decreasing Long		3	3.6833  GBP
10p ordinary		SWAP		Decreasing Long		1,281	3.6860  GBP
10p ordinary		CFD		Decreasing Long		1,378	3.6840  GBP
10p ordinary		SWAP		Decreasing Long		3,214	3.6868  GBP
10p ordinary		SWAP		Decreasing Long		24,477	3.6977  GBP
10p ordinary		SWAP		Decreasing Long		25,793	3.7264  GBP
10p ordinary		CFD		Decreasing Long		32,736	3.6839  GBP
10p ordinary		SWAP		Decreasing Short		16,083	3.6838  GBP
10p ordinary		SWAP		Decreasing Short		19,364	3.6859  GBP
10p ordinary		SWAP		Decreasing Short		180,417	3.6840  GBP
10p ordinary		CFD		Increasing Long		1,378	3.6840  GBP
10p ordinary		SWAP		Increasing Long		2,254	3.6833  GBP
10p ordinary		SWAP		Increasing Long		2,403	3.6837  GBP
10p ordinary		CFD		Increasing Long		2,461	3.7380  GBP
10p ordinary		SWAP		Increasing Long		2,704	3.6838  GBP
10p ordinary		SWAP		Increasing Long		3,482	3.6877  GBP
10p ordinary		SWAP		Increasing Long		11,678	3.6848  GBP
10p ordinary		SWAP		Increasing Long		13,323	3.6828  GBP
10p ordinary		SWAP		Increasing Long		28,045	3.6834  GBP
10p ordinary		SWAP		Increasing Long		160,870	3.7080  GBP
10p ordinary		SWAP		Increasing Long		190,008	3.6844  GBP
10p ordinary		SWAP		Increasing Long		234,125	3.6840  GBP
10p ordinary		SWAP		Increasing Short		2,557	3.6846  GBP
10p ordinary		SWAP		Opening Short		8,536	3.6841  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:				27 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END