Form 8.3 - Smith (DS) plc

Barclays PLC

23 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  relevant securities this form relates:			DS SMITH PLC
(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:			22 Jul 2024
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			YES:  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:				35,984,876	2.61%	28,091,122	2.04%
(2) Cash-settled derivatives:				7,656,604	0.55%	35,941,484	2.61%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				43,641,480	3.16%	64,032,606	4.64%
(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 PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
10p ordinary	Purchase	229,588	4.5277  GBP
10p ordinary	Purchase	183,445	4.5180  GBP
10p ordinary	Purchase	122,204	4.5173  GBP
10p ordinary	Purchase	89,573	4.5117  GBP
10p ordinary	Purchase	86,482	4.5119  GBP
10p ordinary	Purchase	52,682	4.5171  GBP
10p ordinary	Purchase	22,817	4.5072  GBP
10p ordinary	Purchase	6,324	4.4940  GBP
10p ordinary	Purchase	5,703	4.5003  GBP
10p ordinary	Purchase	3,922	4.4850  GBP
10p ordinary	Purchase	2,834	4.5251  GBP
10p ordinary	Purchase	2,759	4.4972  GBP
10p ordinary	Purchase	2,568	4.4945  GBP
10p ordinary	Purchase	2,453	4.5049  GBP
10p ordinary	Purchase	1,278	4.4900  GBP
10p ordinary	Purchase	1,171	4.4680  GBP
10p ordinary	Purchase	733	4.5120  GBP
10p ordinary	Purchase	643	4.4920  GBP
10p ordinary	Purchase	643	4.4915  GBP
10p ordinary	Purchase	631	4.4539  GBP
10p ordinary	Purchase	607	4.5260  GBP
10p ordinary	Purchase	535	4.5310  GBP
10p ordinary	Purchase	395	4.4960  GBP
10p ordinary	Purchase	348	4.4820  GBP
10p ordinary	Purchase	153	4.5320  GBP
10p ordinary	Purchase	69	4.4840  GBP
10p ordinary	Sale	302,879	4.5184  GBP
10p ordinary	Sale	232,054	4.5211  GBP
10p ordinary	Sale	112,034	4.5117  GBP
10p ordinary	Sale	73,893	4.5105  GBP
10p ordinary	Sale	49,552	4.5293  GBP
10p ordinary	Sale	45,192	4.5262  GBP
10p ordinary	Sale	43,894	4.5183  GBP
10p ordinary	Sale	39,039	4.5245  GBP
10p ordinary	Sale	34,902	4.5180  GBP
10p ordinary	Sale	29,026	4.5203  GBP
10p ordinary	Sale	26,426	4.4421  GBP
10p ordinary	Sale	22,446	4.5267  GBP
10p ordinary	Sale	20,776	4.5260  GBP
10p ordinary	Sale	13,480	4.5295  GBP
10p ordinary	Sale	9,330	4.5297  GBP
10p ordinary	Sale	6,860	4.5257  GBP
10p ordinary	Sale	4,327	4.5268  GBP
10p ordinary	Sale	3,171	4.4791  GBP
10p ordinary	Sale	2,460	4.5301  GBP
10p ordinary	Sale	1,512	4.5285  GBP
10p ordinary	Sale	1,171	4.4680  GBP
10p ordinary	Sale	643	4.4920  GBP
10p ordinary	Sale	604	4.4560  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	CFD	Decreasing Short	10,287	4.5180  GBP
10p ordinary	CFD	Increasing Short	1,171	4.4680  GBP
10p ordinary	CFD	Increasing Short	69	4.4843  GBP
10p ordinary	CFD	Increasing Short	332	4.5180  GBP
10p ordinary	SWAP	Increasing Long	1,847	4.5172  GBP
10p ordinary	SWAP	Increasing Long	14,325	4.5173  GBP
10p ordinary	SWAP	Decreasing Short	604	4.4560  GBP
10p ordinary	SWAP	Decreasing Short	3,171	4.4791  GBP
10p ordinary	SWAP	Decreasing Short	112,034	4.5117  GBP
10p ordinary	SWAP	Decreasing Short	30,355	4.5175  GBP
10p ordinary	SWAP	Decreasing Short	81,376	4.5180  GBP
10p ordinary	SWAP	Increasing Short	1,200	4.4680  GBP
10p ordinary	SWAP	Increasing Short	348	4.4820  GBP
10p ordinary	SWAP	Increasing Short	3,922	4.4850  GBP
10p ordinary	SWAP	Increasing Short	86,482	4.5119  GBP
10p ordinary	SWAP	Increasing Short	59,656	4.5183  GBP
10p ordinary	SWAP	Increasing Long	29,026	4.5203  GBP
10p ordinary	SWAP	Decreasing Long	5,480	4.5054  GBP
10p ordinary	SWAP	Decreasing Long	17,337	4.5078  GBP
10p ordinary	SWAP	Decreasing Long	30	4.5120  GBP
10p ordinary	SWAP	Decreasing Short	26,426	4.4421  GBP
10p ordinary	SWAP	Decreasing Short	73,893	4.5105  GBP
10p ordinary	SWAP	Decreasing Short	85,327	4.5180  GBP
10p ordinary	SWAP	Increasing Short	631	4.4540  GBP
10p ordinary	SWAP	Increasing Short	37,546	4.5175  GBP
10p ordinary	SWAP	Increasing Short	25,000	4.5180  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  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 person 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:				23 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END