Form 8.3 - Smith (DS) plc

Barclays PLC

27 August 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:			23 Aug 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:				33,294,405	2.41%	28,709,892	2.08%
(2) Cash-settled derivatives:				11,128,216	0.81%	33,387,779	2.42%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				44,422,621	3.22%	62,097,671	4.50%
(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	386,531	4.6120  GBP
10p ordinary	Purchase	189,172	4.7700  GBP
10p ordinary	Purchase	151,658	4.7324  GBP
10p ordinary	Purchase	82,097	4.7656  GBP
10p ordinary	Purchase	23,769	4.7180  GBP
10p ordinary	Purchase	19,293	4.7445  GBP
10p ordinary	Purchase	7,149	4.7416  GBP
10p ordinary	Purchase	6,227	4.7475  GBP
10p ordinary	Purchase	6,169	4.7354  GBP
10p ordinary	Purchase	4,500	4.7260  GBP
10p ordinary	Purchase	4,434	4.7330  GBP
10p ordinary	Purchase	3,867	4.7465  GBP
10p ordinary	Purchase	3,436	4.7368  GBP
10p ordinary	Purchase	3,356	4.7328  GBP
10p ordinary	Purchase	3,312	4.7355  GBP
10p ordinary	Purchase	2,624	4.7458  GBP
10p ordinary	Purchase	2,162	4.7356  GBP
10p ordinary	Purchase	2,106	4.7360  GBP
10p ordinary	Purchase	1,985	4.7437  GBP
10p ordinary	Purchase	1,928	4.7300  GBP
10p ordinary	Purchase	1,581	4.7403  GBP
10p ordinary	Purchase	1,368	4.7347  GBP
10p ordinary	Purchase	1,330	4.7533  GBP
10p ordinary	Purchase	1,302	4.7320  GBP
10p ordinary	Purchase	1,286	4.7540  GBP
10p ordinary	Purchase	1,106	4.7560  GBP
10p ordinary	Purchase	833	4.7707  GBP
10p ordinary	Purchase	736	4.7469  GBP
10p ordinary	Purchase	689	4.7335  GBP
10p ordinary	Purchase	643	4.7440  GBP
10p ordinary	Purchase	152	4.7295  GBP
10p ordinary	Purchase	48	4.7275  GBP
10p ordinary	Sale	400,000	4.7321  GBP
10p ordinary	Sale	201,931	4.7273  GBP
10p ordinary	Sale	46,713	4.7318  GBP
10p ordinary	Sale	44,444	4.7335  GBP
10p ordinary	Sale	42,100	4.7578  GBP
10p ordinary	Sale	21,434	4.7700  GBP
10p ordinary	Sale	19,553	4.7291  GBP
10p ordinary	Sale	18,665	4.7398  GBP
10p ordinary	Sale	13,541	4.7383  GBP
10p ordinary	Sale	12,392	4.7284  GBP
10p ordinary	Sale	11,872	4.7370  GBP
10p ordinary	Sale	9,195	4.7702  GBP
10p ordinary	Sale	9,086	4.7275  GBP
10p ordinary	Sale	4,500	4.7260  GBP
10p ordinary	Sale	4,025	4.7330  GBP
10p ordinary	Sale	3,035	4.7620  GBP
10p ordinary	Sale	2,871	4.7358  GBP
10p ordinary	Sale	1,891	4.7340  GBP
10p ordinary	Sale	1,850	4.7339  GBP
10p ordinary	Sale	1,749	4.7540  GBP
10p ordinary	Sale	859	4.7352  GBP
10p ordinary	Sale	814	4.7360  GBP
10p ordinary	Sale	152	4.7300  GBP
10p ordinary	Sale	48	4.7280  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Opening Short	19,810	4.7406  GBP
10p ordinary	CFD	Decreasing Short	34	4.7158  GBP
10p ordinary	CFD	Decreasing Short	1,487	4.7160  GBP
10p ordinary	CFD	Decreasing Short	5,725	4.7466  GBP
10p ordinary	CFD	Decreasing Short	146	4.7700  GBP
10p ordinary	CFD	Increasing Short	34	4.7158  GBP
10p ordinary	CFD	Increasing Short	1,487	4.7160  GBP
10p ordinary	CFD	Increasing Short	11,770	4.7700  GBP
10p ordinary	SWAP	Decreasing Long	833	4.7707  GBP
10p ordinary	SWAP	Decreasing Short	1,086	4.7340  GBP
10p ordinary	SWAP	Decreasing Short	859	4.7352  GBP
10p ordinary	SWAP	Decreasing Short	11,523	4.7359  GBP
10p ordinary	SWAP	Decreasing Short	13,541	4.7383  GBP
10p ordinary	SWAP	Decreasing Short	18,226	4.7700  GBP
10p ordinary	SWAP	Increasing Short	4,434	4.7330  GBP
10p ordinary	SWAP	Increasing Short	111	4.7400  GBP
10p ordinary	SWAP	Increasing Short	19,293	4.7445  GBP
10p ordinary	SWAP	Increasing Short	2,412	4.7453  GBP
10p ordinary	SWAP	Increasing Short	5,294	4.7559  GBP
10p ordinary	SWAP	Increasing Short	2,886	4.7700  GBP
10p ordinary	SWAP	Increasing Short	1,330	4.7533  GBP
10p ordinary	SWAP	Increasing Short	23,769	4.7180  GBP
10p ordinary	SWAP	Decreasing Short	4,025	4.7330  GBP
10p ordinary	SWAP	Decreasing Short	5,719	4.7373  GBP
10p ordinary	SWAP	Decreasing Short	5,764	4.7700  GBP
10p ordinary	SWAP	Increasing Short	7,149	4.7416  GBP
10p ordinary	SWAP	Increasing Short	6,166	4.7475  GBP
10p ordinary	SWAP	Increasing Short	2,886	4.7700  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:				27 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END