Form 8.3 - Smith (DS) plc

Barclays PLC

13 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  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:			12 Sep 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:				33,052,498	2.39%	28,945,118	2.10%
(2) Cash-settled derivatives:				10,818,303	0.78%	32,079,163	2.32%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				43,870,801	3.18%	61,024,281	4.42%
(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	237,411	4.5598  GBP
10p ordinary	Purchase	149,152	4.5600  GBP
10p ordinary	Purchase	86,046	4.6009  GBP
10p ordinary	Purchase	71,750	4.5619  GBP
10p ordinary	Purchase	29,902	4.5642  GBP
10p ordinary	Purchase	26,505	4.5606  GBP
10p ordinary	Purchase	20,741	4.5699  GBP
10p ordinary	Purchase	14,906	4.5728  GBP
10p ordinary	Purchase	12,542	4.5741  GBP
10p ordinary	Purchase	4,007	4.5177  GBP
10p ordinary	Purchase	3,937	4.5680  GBP
10p ordinary	Purchase	3,642	4.5300  GBP
10p ordinary	Purchase	3,506	4.5689  GBP
10p ordinary	Purchase	3,464	4.5749  GBP
10p ordinary	Purchase	3,331	4.5612  GBP
10p ordinary	Purchase	3,329	4.5695  GBP
10p ordinary	Purchase	2,772	4.5860  GBP
10p ordinary	Purchase	2,583	4.5816  GBP
10p ordinary	Purchase	2,407	4.5525  GBP
10p ordinary	Purchase	1,437	4.5640  GBP
10p ordinary	Purchase	961	4.5100  GBP
10p ordinary	Purchase	923	4.5500  GBP
10p ordinary	Purchase	913	4.5888  GBP
10p ordinary	Purchase	722	4.5740  GBP
10p ordinary	Purchase	664	4.5463  GBP
10p ordinary	Purchase	159	4.5900  GBP
10p ordinary	Purchase	99	4.5580  GBP
10p ordinary	Purchase	94	4.5720  GBP
10p ordinary	Purchase	94	4.5718  GBP
10p ordinary	Sale	284,000	4.5605  GBP
10p ordinary	Sale	164,439	4.5600  GBP
10p ordinary	Sale	100,000	4.5828  GBP
10p ordinary	Sale	50,304	4.5648  GBP
10p ordinary	Sale	50,183	4.5602  GBP
10p ordinary	Sale	30,624	4.5756  GBP
10p ordinary	Sale	29,428	4.5723  GBP
10p ordinary	Sale	18,969	4.5791  GBP
10p ordinary	Sale	8,399	4.5719  GBP
10p ordinary	Sale	7,649	4.5236  GBP
10p ordinary	Sale	5,561	4.5747  GBP
10p ordinary	Sale	5,278	4.5728  GBP
10p ordinary	Sale	3,210	4.5469  GBP
10p ordinary	Sale	2,759	4.5710  GBP
10p ordinary	Sale	1,557	4.5860  GBP
10p ordinary	Sale	1,070	4.5620  GBP
10p ordinary	Sale	961	4.5100  GBP
10p ordinary	Sale	891	4.5560  GBP
10p ordinary	Sale	644	4.5884  GBP
10p ordinary	Sale	225	4.5769  GBP
10p ordinary	Sale	180	4.5684  GBP
10p ordinary	Sale	109	4.5680  GBP
10p ordinary	Sale	94	4.5720  GBP
10p ordinary	Sale	85	4.5840  GBP
10p ordinary	Sale	23	4.5737  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	Increasing Short	18,054	4.5655  GBP
10p ordinary	SWAP	Decreasing Short	546	4.5100  GBP
10p ordinary	SWAP	Decreasing Short	2,070	4.5469  GBP
10p ordinary	SWAP	Decreasing Short	284,000	4.5605  GBP
10p ordinary	SWAP	Decreasing Short	50,304	4.5648  GBP
10p ordinary	SWAP	Decreasing Short	8,399	4.5719  GBP
10p ordinary	SWAP	Decreasing Short	5,902	4.5723  GBP
10p ordinary	SWAP	Decreasing Short	6,879	4.5741  GBP
10p ordinary	SWAP	Decreasing Short	30,624	4.5756  GBP
10p ordinary	SWAP	Decreasing Short	100,000	4.5828  USD
10p ordinary	SWAP	Increasing Short	923	4.5500  GBP
10p ordinary	SWAP	Increasing Short	99	4.5580  GBP
10p ordinary	SWAP	Increasing Short	50,472	4.5589  GBP
10p ordinary	SWAP	Increasing Short	58,689	4.5600  GBP
10p ordinary	SWAP	Increasing Short	26,505	4.5606  GBP
10p ordinary	SWAP	Increasing Short	29,902	4.5642  GBP
10p ordinary	SWAP	Increasing Short	5,970	4.5650  GBP
10p ordinary	SWAP	Increasing Short	2,843	4.5659  GBP
10p ordinary	SWAP	Increasing Short	2,100	4.5695  GBP
10p ordinary	SWAP	Increasing Short	1,705	4.5741  GBP
10p ordinary	SWAP	Increasing Short	2,772	4.5860  GBP
10p ordinary	SWAP	Increasing Short	86,046	4.6008  GBP
10p ordinary	CFD	Decreasing Short	196	4.5600  GBP
10p ordinary	CFD	Decreasing Short	583	4.5807  GBP
10p ordinary	CFD	Increasing Short	249	4.5479  GBP
10p ordinary	CFD	Increasing Short	15	4.5480  GBP
10p ordinary	SWAP	Opening Short	14,906	4.5728  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:				13 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END