Form 8.3 - Smith (DS) plc

Barclays PLC

19 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:				18 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:			32,316,385	2.34%	28,977,975	2.10%
(2)	Cash-settled derivatives:
	and/or controlled:			11,242,714	0.81%	32,008,264	2.32%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			43,559,099	3.16%	60,986,239	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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
10p ordinary		Purchase		364,448		4.7957  GBP
10p ordinary		Purchase		89,797		4.7881  GBP
10p ordinary		Purchase		87,151		4.7960  GBP
10p ordinary		Purchase		72,285		4.7868  GBP
10p ordinary		Purchase		71,564		4.7876  GBP
10p ordinary		Purchase		61,893		4.7959  GBP
10p ordinary		Purchase		59,259		4.7962  GBP
10p ordinary		Purchase		50,083		4.7893  GBP
10p ordinary		Purchase		47,550		4.7890  GBP
10p ordinary		Purchase		46,259		4.7948  GBP
10p ordinary		Purchase		41,381		4.7967  GBP
10p ordinary		Purchase		41,080		4.7902  GBP
10p ordinary		Purchase		33,663		4.7945  GBP
10p ordinary		Purchase		25,838		4.7925  GBP
10p ordinary		Purchase		12,157		4.7995  GBP
10p ordinary		Purchase		12,110		4.8000  GBP
10p ordinary		Purchase		11,776		4.7846  GBP
10p ordinary		Purchase		10,164		4.7923  GBP
10p ordinary		Purchase		9,869		4.7964  GBP
10p ordinary		Purchase		9,344		4.8012  GBP
10p ordinary		Purchase		8,346		4.7914  GBP
10p ordinary		Purchase		3,919		4.7979  GBP
10p ordinary		Purchase		2,926		4.7719  GBP
10p ordinary		Purchase		2,533		4.8074  GBP
10p ordinary		Purchase		2,493		4.8003  GBP
10p ordinary		Purchase		2,403		4.8077  GBP
10p ordinary		Purchase		1,784		4.8100  GBP
10p ordinary		Purchase		1,511		4.8120  GBP
10p ordinary		Purchase		1,310		4.7740  GBP
10p ordinary		Purchase		1,297		4.7800  GBP
10p ordinary		Purchase		1,245		4.8080  GBP
10p ordinary		Purchase		1,205		4.7720  GBP
10p ordinary		Purchase		965		4.7940  GBP
10p ordinary		Purchase		923		4.8110  GBP
10p ordinary		Purchase		846		4.7920  GBP
10p ordinary		Purchase		671		4.8060  GBP
10p ordinary		Purchase		661		4.7860  GBP
10p ordinary		Purchase		652		4.7680  GBP
10p ordinary		Purchase		650		4.7820  GBP
10p ordinary		Purchase		425		4.7840  GBP
10p ordinary		Purchase		420		4.7760  GBP
10p ordinary		Purchase		331		4.7980  GBP
10p ordinary		Purchase		59		4.7700  GBP
10p ordinary		Sale		504,135		4.7960  GBP
10p ordinary		Sale		228,416		4.7968  GBP
10p ordinary		Sale		100,000		4.7922  GBP
10p ordinary		Sale		69,109		4.7810  GBP
10p ordinary		Sale		64,784		4.7950  GBP
10p ordinary		Sale		32,784		4.7835  GBP
10p ordinary		Sale		21,521		4.7955  GBP
10p ordinary		Sale		14,089		4.7819  GBP
10p ordinary		Sale		11,054		4.7920  GBP
10p ordinary		Sale		9,994		4.7820  GBP
10p ordinary		Sale		7,108		4.8000  GBP
10p ordinary		Sale		6,013		4.7901  GBP
10p ordinary		Sale		5,181		4.7945  GBP
10p ordinary		Sale		4,227		4.7817  GBP
10p ordinary		Sale		3,577		4.7967  GBP
10p ordinary		Sale		2,926		4.7719  GBP
10p ordinary		Sale		2,866		4.7903  GBP
10p ordinary		Sale		2,182		4.7775  GBP
10p ordinary		Sale		1,945		4.7962  GBP
10p ordinary		Sale		1,791		4.7675  GBP
10p ordinary		Sale		1,645		4.7911  GBP
10p ordinary		Sale		1,565		4.8048  GBP
10p ordinary		Sale		1,511		4.8120  GBP
10p ordinary		Sale		1,310		4.7740  GBP
10p ordinary		Sale		1,297		4.7800  GBP
10p ordinary		Sale		1,286		4.7762  GBP
10p ordinary		Sale		1,245		4.8080  GBP
10p ordinary		Sale		1,205		4.7720  GBP
10p ordinary		Sale		1,095		4.7939  GBP
10p ordinary		Sale		790		4.7880  GBP
10p ordinary		Sale		661		4.7860  GBP
10p ordinary		Sale		652		4.7680  GBP
10p ordinary		Sale		592		4.7969  GBP
10p ordinary		Sale		527		4.7700  GBP
10p ordinary		Sale		420		4.7760  GBP
10p ordinary		Sale		154		4.7940  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		Decreasing Short		69,109	4.7810  GBP
10p ordinary		SWAP		Decreasing Short		36,107	4.7840  GBP
10p ordinary		SWAP		Decreasing Short		6,313	4.7908  GBP
10p ordinary		SWAP		Decreasing Short		1,645	4.7911  GBP
10p ordinary		SWAP		Decreasing Short		153,731	4.7960  GBP
10p ordinary		SWAP		Decreasing Short		1,945	4.7962  GBP
10p ordinary		SWAP		Decreasing Short		4,382	4.8000  GBP
10p ordinary		SWAP		Decreasing Short		68,265	4.8166  USD
10p ordinary		SWAP		Increasing Short		679	4.7740  GBP
10p ordinary		SWAP		Increasing Short		20,408	4.7873  GBP
10p ordinary		SWAP		Increasing Short		71,564	4.7876  GBP
10p ordinary		SWAP		Increasing Short		89,797	4.7881  GBP
10p ordinary		SWAP		Increasing Short		50,083	4.7893  GBP
10p ordinary		SWAP		Increasing Short		44,854	4.7894  GBP
10p ordinary		SWAP		Increasing Short		195,442	4.7940  GBP
10p ordinary		SWAP		Increasing Short		41,381	4.7967  GBP
10p ordinary		SWAP		Increasing Short		51,599	4.7989  GBP
10p ordinary		SWAP		Increasing Short		2,403	4.8077  GBP
10p ordinary		SWAP		Increasing Short		1,784	4.8100  GBP
10p ordinary		SWAP		Increasing Short		923	4.8110  GBP
10p ordinary		SWAP		Increasing Short		376	4.8180  GBP
10p ordinary		CFD		Decreasing Short		485	4.7786  GBP
10p ordinary		CFD		Decreasing Short		2,725	4.7959  GBP
10p ordinary		CFD		Decreasing Short		86,898	4.7960  GBP
10p ordinary		CFD		Decreasing Short		1	4.8000  GBP
10p ordinary		CFD		Increasing Short		2,725	4.7959  GBP
10p ordinary		CFD		Increasing Short		608	4.7960  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:				19 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END