Form 8.3 - Smith (DS) plc

Barclays PLC

12 July 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:				11 Jul 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:			37,858,222	2.74%	21,382,970	1.55%
(2)	Cash-settled derivatives:
	and/or controlled:			7,919,103	0.57%	37,165,828	2.69%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			45,777,325	3.32%	58,548,798	4.24%
(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		515,409		4.1900  GBP
10p ordinary		Purchase		485,532		4.1889  GBP
10p ordinary		Purchase		172,475		4.1684  GBP
10p ordinary		Purchase		151,975		4.1894  GBP
10p ordinary		Purchase		79,973		4.1867  GBP
10p ordinary		Purchase		60,803		4.1793  GBP
10p ordinary		Purchase		27,400		4.1535  GBP
10p ordinary		Purchase		21,942		4.1639  GBP
10p ordinary		Purchase		16,659		4.1920  GBP
10p ordinary		Purchase		12,125		4.1750  GBP
10p ordinary		Purchase		11,884		4.1729  GBP
10p ordinary		Purchase		10,219		4.1811  GBP
10p ordinary		Purchase		7,331		4.1714  GBP
10p ordinary		Purchase		6,360		4.2000  GBP
10p ordinary		Purchase		6,227		4.1640  GBP
10p ordinary		Purchase		5,720		4.1893  GBP
10p ordinary		Purchase		4,082		4.1676  GBP
10p ordinary		Purchase		3,944		4.1532  GBP
10p ordinary		Purchase		3,754		4.1798  GBP
10p ordinary		Purchase		3,508		4.1954  GBP
10p ordinary		Purchase		3,270		4.1680  GBP
10p ordinary		Purchase		2,938		4.1876  GBP
10p ordinary		Purchase		2,737		4.1549  GBP
10p ordinary		Purchase		2,593		4.1503  GBP
10p ordinary		Purchase		2,236		4.1467  GBP
10p ordinary		Purchase		2,150		4.1561  GBP
10p ordinary		Purchase		2,027		4.1510  GBP
10p ordinary		Purchase		1,654		4.1533  GBP
10p ordinary		Purchase		1,123		4.1525  GBP
10p ordinary		Purchase		1,059		4.1948  GBP
10p ordinary		Purchase		791		4.1570  GBP
10p ordinary		Purchase		753		4.1560  GBP
10p ordinary		Purchase		655		4.1980  GBP
10p ordinary		Purchase		497		4.1540  GBP
10p ordinary		Purchase		375		4.2040  GBP
10p ordinary		Purchase		239		4.1660  GBP
10p ordinary		Sale		388,202		4.1900  GBP
10p ordinary		Sale		255,689		4.1877  GBP
10p ordinary		Sale		50,801		4.1902  GBP
10p ordinary		Sale		24,440		4.1940  GBP
10p ordinary		Sale		17,619		4.1841  GBP
10p ordinary		Sale		13,600		4.1506  GBP
10p ordinary		Sale		9,836		4.1883  GBP
10p ordinary		Sale		7,651		4.1980  GBP
10p ordinary		Sale		5,704		4.2000  GBP
10p ordinary		Sale		5,025		4.1542  GBP
10p ordinary		Sale		4,720		4.1958  GBP
10p ordinary		Sale		2,967		4.1566  GBP
10p ordinary		Sale		2,576		4.1549  GBP
10p ordinary		Sale		2,296		4.1532  GBP
10p ordinary		Sale		2,249		4.1705  GBP
10p ordinary		Sale		2,109		4.1904  GBP
10p ordinary		Sale		1,211		4.1650  GBP
10p ordinary		Sale		1,014		4.1556  GBP
10p ordinary		Sale		850		4.1653  GBP
10p ordinary		Sale		434		4.1500  GBP
10p ordinary		Sale		421		4.1550  GBP
10p ordinary		Sale		375		4.2040  GBP
10p ordinary		Sale		372		4.1700  GBP
10p ordinary		Sale		270		4.1580  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		Increasing Long		3,212	4.1900  GBP
10p ordinary		CFD		Decreasing Long		5,304	4.1542  GBP
10p ordinary		CFD		Decreasing Long		4,906	4.1797  GBP
10p ordinary		CFD		Decreasing Long		258,616	4.1900  GBP
10p ordinary		SWAP		Decreasing Long		5,739	4.1846  GBP
10p ordinary		SWAP		Increasing Short		16,388	4.1920  GBP
10p ordinary		SWAP		Increasing Short		271	4.1920  GBP
10p ordinary		SWAP		Decreasing Short		1,014	4.1556  GBP
10p ordinary		SWAP		Decreasing Short		2,967	4.1566  GBP
10p ordinary		SWAP		Decreasing Short		2,249	4.1705  GBP
10p ordinary		SWAP		Decreasing Short		7,651	4.1980  GBP
10p ordinary		SWAP		Increasing Short		2,737	4.1549  GBP
10p ordinary		SWAP		Increasing Short		6,227	4.1640  GBP
10p ordinary		SWAP		Increasing Short		239	4.1660  GBP
10p ordinary		SWAP		Increasing Short		172,475	4.1684  GBP
10p ordinary		SWAP		Increasing Short		15,190	4.1720  GBP
10p ordinary		SWAP		Increasing Short		97,344	4.1864  GBP
10p ordinary		SWAP		Increasing Short		90,010	4.1899  GBP
10p ordinary		SWAP		Decreasing Long		2,593	4.1503  GBP
10p ordinary		SWAP		Decreasing Long		1,977	4.1880  GBP
10p ordinary		SWAP		Decreasing Long		3,743	4.1900  GBP
10p ordinary		SWAP		Increasing Short		13,479	4.1725  GBP
10p ordinary		SWAP		Increasing Short		60,803	4.1793  GBP
10p ordinary		SWAP		Increasing Short		1,953	4.1899  GBP
10p ordinary		SWAP		Increasing Short		75,712	4.1900  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:				12 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END