Form 8.3 - Smith (DS) plc

Barclays PLC

05 September 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:				04 Sep 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:			33,080,241	2.40%	28,582,160	2.07%
(2)	Cash-settled derivatives:
	and/or controlled:			11,154,337	0.81%	32,796,478	2.38%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,234,578	3.20%	61,378,638	4.45%
(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		625,651		4.6540  GBP
10p ordinary		Purchase		199,760		4.6432  GBP
10p ordinary		Purchase		166,085		4.6519  GBP
10p ordinary		Purchase		54,818		4.6397  GBP
10p ordinary		Purchase		32,297		4.6656  GBP
10p ordinary		Purchase		19,304		4.6400  GBP
10p ordinary		Purchase		18,007		4.6642  GBP
10p ordinary		Purchase		13,570		4.6707  GBP
10p ordinary		Purchase		13,525		4.6647  GBP
10p ordinary		Purchase		12,578		4.6735  GBP
10p ordinary		Purchase		8,545		4.6527  GBP
10p ordinary		Purchase		7,576		4.6635  GBP
10p ordinary		Purchase		5,564		4.6595  GBP
10p ordinary		Purchase		4,554		4.6698  GBP
10p ordinary		Purchase		4,545		4.6640  GBP
10p ordinary		Purchase		4,451		4.6667  GBP
10p ordinary		Purchase		2,904		4.6563  GBP
10p ordinary		Purchase		2,647		4.6680  GBP
10p ordinary		Purchase		2,632		4.6598  GBP
10p ordinary		Purchase		1,744		4.6496  GBP
10p ordinary		Purchase		1,740		4.6440  GBP
10p ordinary		Purchase		1,354		4.6395  GBP
10p ordinary		Purchase		1,279		4.6591  GBP
10p ordinary		Purchase		1,256		4.6655  GBP
10p ordinary		Purchase		1,083		4.6360  GBP
10p ordinary		Purchase		1,028		4.6500  GBP
10p ordinary		Purchase		769		4.6780  GBP
10p ordinary		Purchase		724		4.6550  GBP
10p ordinary		Purchase		698		4.6523  GBP
10p ordinary		Purchase		694		4.6645  GBP
10p ordinary		Purchase		651		4.6700  GBP
10p ordinary		Purchase		604		4.6600  GBP
10p ordinary		Purchase		589		4.6460  GBP
10p ordinary		Purchase		350		4.6589  GBP
10p ordinary		Purchase		6		4.6427  GBP
10p ordinary		Purchase		2		4.6520  GBP
10p ordinary		Sale		304,790		4.6570  GBP
10p ordinary		Sale		113,132		4.6538  GBP
10p ordinary		Sale		97,384		4.6670  GBP
10p ordinary		Sale		75,739		4.6450  GBP
10p ordinary		Sale		69,787		4.6624  GBP
10p ordinary		Sale		62,510		4.6540  GBP
10p ordinary		Sale		59,124		4.6654  GBP
10p ordinary		Sale		56,265		4.6460  GBP
10p ordinary		Sale		51,869		4.6577  GBP
10p ordinary		Sale		45,046		4.6443  GBP
10p ordinary		Sale		42,194		4.6600  GBP
10p ordinary		Sale		37,614		4.6434  GBP
10p ordinary		Sale		31,054		4.6400  GBP
10p ordinary		Sale		24,169		4.6611  GBP
10p ordinary		Sale		22,196		4.6646  GBP
10p ordinary		Sale		18,987		4.6548  GBP
10p ordinary		Sale		18,000		4.6520  GBP
10p ordinary		Sale		10,824		4.6586  GBP
10p ordinary		Sale		8,226		4.6551  GBP
10p ordinary		Sale		6,170		4.6545  GBP
10p ordinary		Sale		5,827		4.6608  GBP
10p ordinary		Sale		4,449		4.6567  GBP
10p ordinary		Sale		4,357		4.6658  GBP
10p ordinary		Sale		3,980		4.6553  GBP
10p ordinary		Sale		3,722		4.6565  GBP
10p ordinary		Sale		3,445		4.6522  GBP
10p ordinary		Sale		2,497		4.6526  GBP
10p ordinary		Sale		2,165		4.6530  GBP
10p ordinary		Sale		2,070		4.6576  GBP
10p ordinary		Sale		1,933		4.6672  GBP
10p ordinary		Sale		1,911		4.6820  GBP
10p ordinary		Sale		1,860		4.6566  GBP
10p ordinary		Sale		1,740		4.6440  GBP
10p ordinary		Sale		1,665		4.6584  GBP
10p ordinary		Sale		1,166		4.6560  GBP
10p ordinary		Sale		1,083		4.6360  GBP
10p ordinary		Sale		990		4.6660  GBP
10p ordinary		Sale		922		4.6564  GBP
10p ordinary		Sale		778		4.6420  GBP
10p ordinary		Sale		769		4.6780  GBP
10p ordinary		Sale		689		4.6860  GBP
10p ordinary		Sale		651		4.6700  GBP
10p ordinary		Sale		605		4.6534  GBP
10p ordinary		Sale		449		4.6640  GBP
10p ordinary		Sale		197		4.6653  GBP
10p ordinary		Sale		10		4.6452  GBP
10p ordinary		Sale		2		4.6524  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		SWAP		Increasing Short		15,575	4.6522  GBP
10p ordinary		SWAP		Decreasing Short		450	4.6360  GBP
10p ordinary		SWAP		Decreasing Short		30,536	4.6400  GBP
10p ordinary		SWAP		Decreasing Short		69	4.6460  GBP
10p ordinary		SWAP		Decreasing Short		2,497	4.6526  GBP
10p ordinary		SWAP		Decreasing Short		2,165	4.6530  GBP
10p ordinary		SWAP		Decreasing Short		33,784	4.6590  GBP
10p ordinary		SWAP		Decreasing Short		6,628	4.6598  GBP
10p ordinary		SWAP		Decreasing Short		12,334	4.6602  GBP
10p ordinary		SWAP		Decreasing Short		13,753	4.6609  GBP
10p ordinary		SWAP		Decreasing Short		24,169	4.6611  GBP
10p ordinary		SWAP		Decreasing Short		69,787	4.6624  GBP
10p ordinary		SWAP		Decreasing Short		20,973	4.6640  GBP
10p ordinary		SWAP		Increasing Short		13,423	4.6393  GBP
10p ordinary		SWAP		Increasing Short		102,435	4.6400  GBP
10p ordinary		SWAP		Increasing Short		82,819	4.6479  GBP
10p ordinary		SWAP		Increasing Short		8,545	4.6527  GBP
10p ordinary		SWAP		Increasing Short		17,967	4.6531  USD
10p ordinary		SWAP		Increasing Short		2,904	4.6563  GBP
10p ordinary		SWAP		Increasing Short		350	4.6589  GBP
10p ordinary		SWAP		Increasing Short		2,632	4.6598  GBP
10p ordinary		SWAP		Increasing Short		260	4.6600  GBP
10p ordinary		SWAP		Increasing Short		81,199	4.6622  GBP
10p ordinary		SWAP		Increasing Short		434	4.6673  GBP
10p ordinary		CFD		Decreasing Short		10	4.6450  GBP
10p ordinary		CFD		Decreasing Short		605	4.6531  GBP
10p ordinary		CFD		Increasing Short		6	4.6433  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:				05 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END