Form 8.3 - Smith (DS) plc

Barclays PLC

09 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:				06 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:			32,703,981	2.37%	28,548,211	2.07%
(2)	Cash-settled derivatives:
	and/or controlled:			11,093,287	0.80%	32,342,607	2.34%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			43,797,268	3.17%	60,890,818	4.41%
(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		371,762		4.4775  GBP
10p ordinary		Purchase		181,138		4.5220  GBP
10p ordinary		Purchase		147,384		4.5020  GBP
10p ordinary		Purchase		119,837		4.4960  GBP
10p ordinary		Purchase		85,027		4.4717  GBP
10p ordinary		Purchase		84,199		4.4726  GBP
10p ordinary		Purchase		78,545		4.5127  GBP
10p ordinary		Purchase		52,390		4.5181  GBP
10p ordinary		Purchase		48,480		4.5262  GBP
10p ordinary		Purchase		39,225		4.5027  GBP
10p ordinary		Purchase		28,282		4.4994  GBP
10p ordinary		Purchase		28,011		4.5177  GBP
10p ordinary		Purchase		15,746		4.4720  GBP
10p ordinary		Purchase		15,404		4.5189  GBP
10p ordinary		Purchase		14,947		4.5122  GBP
10p ordinary		Purchase		11,350		4.5239  GBP
10p ordinary		Purchase		10,995		4.4962  GBP
10p ordinary		Purchase		9,805		4.4938  GBP
10p ordinary		Purchase		9,553		4.4973  GBP
10p ordinary		Purchase		9,226		4.4941  GBP
10p ordinary		Purchase		8,490		4.4893  GBP
10p ordinary		Purchase		8,250		4.5170  GBP
10p ordinary		Purchase		8,081		4.4935  GBP
10p ordinary		Purchase		6,195		4.4953  GBP
10p ordinary		Purchase		6,024		4.5270  GBP
10p ordinary		Purchase		4,407		4.4926  GBP
10p ordinary		Purchase		4,335		4.5086  GBP
10p ordinary		Purchase		4,086		4.5285  GBP
10p ordinary		Purchase		4,044		4.5300  GBP
10p ordinary		Purchase		4,016		4.5180  GBP
10p ordinary		Purchase		3,985		4.5097  GBP
10p ordinary		Purchase		3,676		4.5000  GBP
10p ordinary		Purchase		3,481		4.4937  GBP
10p ordinary		Purchase		3,314		4.5254  GBP
10p ordinary		Purchase		3,178		4.5295  GBP
10p ordinary		Purchase		2,845		4.4940  GBP
10p ordinary		Purchase		2,723		4.5012  GBP
10p ordinary		Purchase		2,373		4.4967  GBP
10p ordinary		Purchase		1,992		4.5292  GBP
10p ordinary		Purchase		1,926		4.5143  GBP
10p ordinary		Purchase		1,362		4.4888  GBP
10p ordinary		Purchase		1,311		4.5258  GBP
10p ordinary		Purchase		1,016		4.4980  GBP
10p ordinary		Purchase		990		4.4800  GBP
10p ordinary		Purchase		784		4.5280  GBP
10p ordinary		Purchase		770		4.5240  GBP
10p ordinary		Purchase		739		4.4840  GBP
10p ordinary		Purchase		711		4.4855  GBP
10p ordinary		Purchase		672		4.5400  GBP
10p ordinary		Purchase		626		4.5360  GBP
10p ordinary		Purchase		103		4.5230  GBP
10p ordinary		Sale		780,422		4.4720  GBP
10p ordinary		Sale		325,438		4.4990  GBP
10p ordinary		Sale		182,057		4.5220  GBP
10p ordinary		Sale		95,699		4.5191  GBP
10p ordinary		Sale		87,929		4.4756  GBP
10p ordinary		Sale		87,179		4.4724  GBP
10p ordinary		Sale		48,480		4.5262  GBP
10p ordinary		Sale		23,498		4.4981  GBP
10p ordinary		Sale		19,490		4.5209  GBP
10p ordinary		Sale		15,583		4.5296  GBP
10p ordinary		Sale		11,731		4.5009  GBP
10p ordinary		Sale		7,098		4.5071  GBP
10p ordinary		Sale		6,036		4.5297  GBP
10p ordinary		Sale		6,024		4.5270  GBP
10p ordinary		Sale		3,720		4.5077  GBP
10p ordinary		Sale		3,314		4.5254  GBP
10p ordinary		Sale		3,171		4.5000  GBP
10p ordinary		Sale		2,912		4.4893  GBP
10p ordinary		Sale		2,540		4.4960  GBP
10p ordinary		Sale		2,101		4.5119  GBP
10p ordinary		Sale		1,464		4.4810  GBP
10p ordinary		Sale		1,409		4.4996  GBP
10p ordinary		Sale		1,311		4.5258  GBP
10p ordinary		Sale		1,202		4.5300  GBP
10p ordinary		Sale		1,145		4.5100  GBP
10p ordinary		Sale		990		4.4800  GBP
10p ordinary		Sale		990		4.4801  GBP
10p ordinary		Sale		895		4.4820  GBP
10p ordinary		Sale		810		4.5080  GBP
10p ordinary		Sale		784		4.5280  GBP
10p ordinary		Sale		539		4.5180  GBP
10p ordinary		Sale		370		4.5060  GBP
10p ordinary		Sale		290		4.4947  GBP
10p ordinary		Sale		111		4.4804  GBP
10p ordinary		Sale		103		4.5234  GBP
10p ordinary		Sale		83		4.4752  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		16,289	4.4950  GBP
10p ordinary		SWAP		Decreasing Short		710,118	4.4720  GBP
10p ordinary		SWAP		Decreasing Short		78,263	4.4729  GBP
10p ordinary		SWAP		Decreasing Short		2,130	4.4960  GBP
10p ordinary		SWAP		Decreasing Short		83	4.5000  GBP
10p ordinary		SWAP		Decreasing Short		2,417	4.5020  GBP
10p ordinary		SWAP		Decreasing Short		7,098	4.5071  GBP
10p ordinary		SWAP		Decreasing Short		3,720	4.5077  GBP
10p ordinary		SWAP		Decreasing Short		15,583	4.5296  GBP
10p ordinary		SWAP		Increasing Short		103,029	4.4720  GBP
10p ordinary		SWAP		Increasing Short		4,204	4.4722  GBP
10p ordinary		SWAP		Increasing Short		32,319	4.4726  GBP
10p ordinary		SWAP		Increasing Short		253,370	4.4783  GBP
10p ordinary		SWAP		Increasing Short		12,805	4.5021  GBP
10p ordinary		SWAP		Increasing Short		4,060	4.5024  GBP
10p ordinary		SWAP		Increasing Short		39,225	4.5027  GBP
10p ordinary		SWAP		Increasing Short		15,180	4.5040  GBP
10p ordinary		SWAP		Increasing Short		4,335	4.5086  GBP
10p ordinary		SWAP		Increasing Short		78,545	4.5127  GBP
10p ordinary		SWAP		Increasing Short		9,378	4.5155  GBP
10p ordinary		SWAP		Increasing Short		626	4.5360  GBP
10p ordinary		CFD		Decreasing Short		83	4.4753  GBP
10p ordinary		CFD		Decreasing Short		6,270	4.4966  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:				09 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END