Form 8.3 - Smith (DS) plc

Barclays PLC

15 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:				12 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:			38,400,125	2.78%	25,389,539	1.84%
(2)	Cash-settled derivatives:
	and/or controlled:			7,763,672	0.56%	37,675,008	2.73%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,163,797	3.35%	63,064,547	4.57%
(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		826,021		4.2080  GBP
10p ordinary		Purchase		341,555		4.2060  GBP
10p ordinary		Purchase		176,479		4.1982  GBP
10p ordinary		Purchase		93,240		4.2076  GBP
10p ordinary		Purchase		62,743		4.1953  GBP
10p ordinary		Purchase		62,321		4.1919  GBP
10p ordinary		Purchase		59,521		4.2077  GBP
10p ordinary		Purchase		40,827		4.1899  GBP
10p ordinary		Purchase		22,027		4.2020  GBP
10p ordinary		Purchase		21,372		4.1955  GBP
10p ordinary		Purchase		17,000		4.1949  GBP
10p ordinary		Purchase		15,698		4.1956  GBP
10p ordinary		Purchase		8,935		4.1907  GBP
10p ordinary		Purchase		8,504		4.1948  GBP
10p ordinary		Purchase		6,655		4.1959  GBP
10p ordinary		Purchase		5,003		4.1980  GBP
10p ordinary		Purchase		4,894		4.1961  GBP
10p ordinary		Purchase		2,817		4.1867  GBP
10p ordinary		Purchase		2,658		4.1887  GBP
10p ordinary		Purchase		2,118		4.1851  GBP
10p ordinary		Purchase		1,919		4.2016  GBP
10p ordinary		Purchase		1,694		4.1920  GBP
10p ordinary		Purchase		1,684		4.2025  GBP
10p ordinary		Purchase		1,557		4.1960  GBP
10p ordinary		Purchase		1,464		4.1986  GBP
10p ordinary		Purchase		1,451		4.1905  GBP
10p ordinary		Purchase		1,329		4.1890  GBP
10p ordinary		Purchase		1,094		4.2100  GBP
10p ordinary		Purchase		1,065		4.2030  GBP
10p ordinary		Purchase		325		4.1941  GBP
10p ordinary		Purchase		199		4.1680  GBP
10p ordinary		Sale		4,122,894		4.2140  GBP
10p ordinary		Sale		264,226		4.2080  GBP
10p ordinary		Sale		250,000		4.1804  GBP
10p ordinary		Sale		250,000		4.1944  GBP
10p ordinary		Sale		135,226		4.1851  GBP
10p ordinary		Sale		86,462		4.2056  GBP
10p ordinary		Sale		65,695		4.2058  GBP
10p ordinary		Sale		46,811		4.1895  GBP
10p ordinary		Sale		12,340		4.2082  GBP
10p ordinary		Sale		5,619		4.2017  GBP
10p ordinary		Sale		5,025		4.1940  GBP
10p ordinary		Sale		3,309		4.1980  GBP
10p ordinary		Sale		2,102		4.2000  GBP
10p ordinary		Sale		1,881		4.1920  GBP
10p ordinary		Sale		1,795		4.1917  GBP
10p ordinary		Sale		1,123		4.1959  GBP
10p ordinary		Sale		1,094		4.2100  GBP
10p ordinary		Sale		1,065		4.2030  GBP
10p ordinary		Sale		999		4.1880  GBP
10p ordinary		Sale		702		4.1960  GBP
10p ordinary		Sale		416		4.1972  GBP
10p ordinary		Sale		51		4.1840  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		696	4.2079  GBP
10p ordinary		CFD		Increasing Long		6,046	4.2080  GBP
10p ordinary		CFD		Decreasing Long		1,557	4.1962  GBP
10p ordinary		CFD		Decreasing Long		9,782	4.1976  GBP
10p ordinary		CFD		Decreasing Long		406	4.1980  GBP
10p ordinary		CFD		Decreasing Long		46,649	4.2079  GBP
10p ordinary		CFD		Decreasing Long		131,441	4.2080  GBP
10p ordinary		CFD		Decreasing Long		1,094	4.2100  GBP
10p ordinary		SWAP		Decreasing Long		5,740	4.1995  GBP
10p ordinary		SWAP		Increasing Short		61,720	4.1953  GBP
10p ordinary		SWAP		Increasing Short		1,023	4.1953  GBP
10p ordinary		SWAP		Decreasing Short		787	4.1880  GBP
10p ordinary		SWAP		Decreasing Short		1,643	4.1940  GBP
10p ordinary		SWAP		Decreasing Short		547	4.2000  GBP
10p ordinary		SWAP		Decreasing Short		15,300	4.2080  GBP
10p ordinary		SWAP		Increasing Short		2,658	4.1887  GBP
10p ordinary		SWAP		Increasing Short		36,309	4.1895  GBP
10p ordinary		SWAP		Increasing Short		1,451	4.1905  GBP
10p ordinary		SWAP		Increasing Short		176,479	4.1982  GBP
10p ordinary		SWAP		Increasing Short		1,464	4.1986  GBP
10p ordinary		SWAP		Increasing Short		74,206	4.2016  GBP
10p ordinary		SWAP		Increasing Short		83,128	4.2080  GBP
10p ordinary		SWAP		Increasing Long		416	4.1972  GBP
10p ordinary		SWAP		Decreasing Long		40,827	4.1899  GBP
10p ordinary		SWAP		Decreasing Long		1,221	4.2065  GBP
10p ordinary		SWAP		Decreasing Long		10,201	4.2077  GBP
10p ordinary		SWAP		Decreasing Short		212	4.1880  GBP
10p ordinary		SWAP		Decreasing Short		4,937	4.1958  GBP
10p ordinary		SWAP		Increasing Short		15,145	4.1924  GBP
10p ordinary		SWAP		Increasing Short		21,372	4.1955  GBP
10p ordinary		SWAP		Increasing Short		104,462	4.2080  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:				15 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END