Form 8.3 - Smith (DS) plc

Barclays PLC

12 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:				11 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:			33,217,379	2.41%	28,531,356	2.07%
(2)	Cash-settled derivatives:
	and/or controlled:			10,862,279	0.79%	32,263,050	2.34%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,079,658	3.19%	60,794,406	4.40%
(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		1,025,022		4.5153  GBP
10p ordinary		Purchase		463,702		4.4900  GBP
10p ordinary		Purchase		198,812		4.4958  GBP
10p ordinary		Purchase		112,227		4.4906  GBP
10p ordinary		Purchase		99,243		4.5104  GBP
10p ordinary		Purchase		61,414		4.5039  GBP
10p ordinary		Purchase		58,669		4.4897  GBP
10p ordinary		Purchase		49,627		4.5117  GBP
10p ordinary		Purchase		47,941		4.4910  GBP
10p ordinary		Purchase		36,308		4.5129  GBP
10p ordinary		Purchase		33,099		4.5060  GBP
10p ordinary		Purchase		24,902		4.5102  GBP
10p ordinary		Purchase		9,580		4.4972  GBP
10p ordinary		Purchase		8,236		4.5253  GBP
10p ordinary		Purchase		7,520		4.5118  GBP
10p ordinary		Purchase		7,377		4.4919  GBP
10p ordinary		Purchase		5,484		4.5093  GBP
10p ordinary		Purchase		4,556		4.5131  GBP
10p ordinary		Purchase		4,138		4.5001  GBP
10p ordinary		Purchase		3,302		4.5056  GBP
10p ordinary		Purchase		2,727		4.5080  GBP
10p ordinary		Purchase		2,562		4.5107  GBP
10p ordinary		Purchase		2,500		4.5220  GBP
10p ordinary		Purchase		2,341		4.5309  GBP
10p ordinary		Purchase		2,299		4.5072  GBP
10p ordinary		Purchase		2,204		4.5095  GBP
10p ordinary		Purchase		2,175		4.5096  GBP
10p ordinary		Purchase		1,925		4.5097  GBP
10p ordinary		Purchase		1,072		4.5043  GBP
10p ordinary		Purchase		893		4.5200  GBP
10p ordinary		Purchase		701		4.4975  GBP
10p ordinary		Purchase		667		4.5120  GBP
10p ordinary		Purchase		645		4.5380  GBP
10p ordinary		Purchase		601		4.5240  GBP
10p ordinary		Purchase		496		4.5248  GBP
10p ordinary		Purchase		490		4.5100  GBP
10p ordinary		Purchase		477		4.5139  GBP
10p ordinary		Purchase		296		4.5140  GBP
10p ordinary		Purchase		228		4.5020  GBP
10p ordinary		Purchase		18		4.5192  GBP
10p ordinary		Purchase		9		4.5280  GBP
10p ordinary		Sale		496,503		4.4906  GBP
10p ordinary		Sale		350,000		4.5160  GBP
10p ordinary		Sale		174,614		4.4900  GBP
10p ordinary		Sale		123,529		4.4799  GBP
10p ordinary		Sale		86,768		4.4944  GBP
10p ordinary		Sale		51,281		4.5097  GBP
10p ordinary		Sale		27,457		4.5115  GBP
10p ordinary		Sale		20,929		4.5083  GBP
10p ordinary		Sale		20,857		4.5104  GBP
10p ordinary		Sale		20,561		4.5159  GBP
10p ordinary		Sale		14,651		4.5110  GBP
10p ordinary		Sale		13,898		4.4913  GBP
10p ordinary		Sale		13,613		4.5014  GBP
10p ordinary		Sale		13,137		4.5000  GBP
10p ordinary		Sale		11,794		4.5085  GBP
10p ordinary		Sale		9,640		4.5018  GBP
10p ordinary		Sale		9,375		4.5108  GBP
10p ordinary		Sale		8,787		4.5020  GBP
10p ordinary		Sale		7,021		4.5127  GBP
10p ordinary		Sale		6,126		4.5106  GBP
10p ordinary		Sale		5,728		4.5303  GBP
10p ordinary		Sale		4,758		4.5078  GBP
10p ordinary		Sale		4,510		4.5112  GBP
10p ordinary		Sale		4,149		4.5120  GBP
10p ordinary		Sale		3,887		4.5065  GBP
10p ordinary		Sale		3,611		4.5076  GBP
10p ordinary		Sale		3,150		4.5053  GBP
10p ordinary		Sale		3,087		4.5084  GBP
10p ordinary		Sale		3,022		4.5058  GBP
10p ordinary		Sale		2,624		4.5092  GBP
10p ordinary		Sale		2,351		4.5038  GBP
10p ordinary		Sale		2,342		4.5044  GBP
10p ordinary		Sale		2,043		4.5178  GBP
10p ordinary		Sale		1,520		4.5096  GBP
10p ordinary		Sale		1,469		4.5010  GBP
10p ordinary		Sale		1,417		4.4980  GBP
10p ordinary		Sale		1,199		4.5100  GBP
10p ordinary		Sale		1,162		4.5060  GBP
10p ordinary		Sale		985		4.5140  GBP
10p ordinary		Sale		263		4.4960  GBP
10p ordinary		Sale		217		4.5200  GBP
10p ordinary		Sale		18		4.5196  GBP
10p ordinary		Sale		2		4.5124  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		12,078	4.5030  GBP
10p ordinary		SWAP		Increasing Short		5,000	4.5031  GBP
10p ordinary		SWAP		Decreasing Short		123,529	4.4800  USD
10p ordinary		SWAP		Decreasing Short		34,549	4.4900  GBP
10p ordinary		SWAP		Decreasing Short		2,624	4.5092  GBP
10p ordinary		SWAP		Decreasing Short		7,021	4.5127  GBP
10p ordinary		SWAP		Decreasing Short		20,561	4.5159  GBP
10p ordinary		SWAP		Decreasing Short		217	4.5200  GBP
10p ordinary		SWAP		Increasing Short		69,200	4.4900  GBP
10p ordinary		SWAP		Increasing Short		190,108	4.4906  GBP
10p ordinary		SWAP		Increasing Short		34,413	4.5097  GBP
10p ordinary		SWAP		Increasing Short		22,116	4.5102  GBP
10p ordinary		SWAP		Increasing Short		99,243	4.5104  GBP
10p ordinary		SWAP		Increasing Short		22,672	4.5113  GBP
10p ordinary		SWAP		Increasing Short		36,308	4.5129  GBP
10p ordinary		SWAP		Increasing Short		4,556	4.5131  GBP
10p ordinary		SWAP		Increasing Short		496	4.5248  GBP
10p ordinary		SWAP		Increasing Short		3,922	4.5356  GBP
10p ordinary		CFD		Decreasing Short		143,872	4.4900  GBP
10p ordinary		CFD		Decreasing Short		19,093	4.5071  GBP
10p ordinary		CFD		Increasing Short		57,678	4.4900  GBP
10p ordinary		CFD		Increasing Short		5,000	4.5179  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:				12 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END