Form 8.3 - Smith (DS) plc

Barclays PLC

04 October 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:				03 Oct 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:			32,708,166	2.37%	25,555,028	1.85%
(2)	Cash-settled derivatives:
	and/or controlled:			11,577,572	0.84%	31,239,224	2.26%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,285,738	3.21%	56,794,252	4.11%
(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		5,698,564		4.6500  GBP
10p ordinary		Purchase		300,000		4.6069  GBP
10p ordinary		Purchase		221,680		4.6203  GBP
10p ordinary		Purchase		85,696		4.6240  GBP
10p ordinary		Purchase		84,929		4.6165  GBP
10p ordinary		Purchase		81,724		4.6121  GBP
10p ordinary		Purchase		64,578		4.6224  GBP
10p ordinary		Purchase		37,351		4.6143  GBP
10p ordinary		Purchase		33,271		4.6186  GBP
10p ordinary		Purchase		29,091		4.6160  GBP
10p ordinary		Purchase		9,972		4.6086  GBP
10p ordinary		Purchase		9,121		4.6119  GBP
10p ordinary		Purchase		6,939		4.6025  GBP
10p ordinary		Purchase		6,934		4.6146  GBP
10p ordinary		Purchase		5,838		4.6137  GBP
10p ordinary		Purchase		5,544		4.6111  GBP
10p ordinary		Purchase		5,339		4.6112  GBP
10p ordinary		Purchase		3,682		4.6180  GBP
10p ordinary		Purchase		3,185		4.6145  GBP
10p ordinary		Purchase		2,616		4.5885  GBP
10p ordinary		Purchase		2,368		4.6060  GBP
10p ordinary		Purchase		1,686		4.6138  GBP
10p ordinary		Purchase		1,580		4.6080  GBP
10p ordinary		Purchase		1,463		4.5940  GBP
10p ordinary		Purchase		1,282		4.6178  GBP
10p ordinary		Purchase		1,171		4.6150  GBP
10p ordinary		Purchase		1,055		4.6100  GBP
10p ordinary		Purchase		1,026		4.5900  GBP
10p ordinary		Purchase		993		4.6000  GBP
10p ordinary		Purchase		949		4.6220  GBP
10p ordinary		Purchase		788		4.5880  GBP
10p ordinary		Purchase		685		4.6199  GBP
10p ordinary		Purchase		178		4.6120  GBP
10p ordinary		Purchase		52		4.6047  GBP
10p ordinary		Sale		243,286		4.6240  GBP
10p ordinary		Sale		199,319		4.6218  GBP
10p ordinary		Sale		138,522		4.6092  GBP
10p ordinary		Sale		95,633		4.6191  GBP
10p ordinary		Sale		87,175		4.6060  GBP
10p ordinary		Sale		54,574		4.6230  GBP
10p ordinary		Sale		49,086		4.6121  GBP
10p ordinary		Sale		40,941		4.6079  GBP
10p ordinary		Sale		39,849		4.6174  GBP
10p ordinary		Sale		32,702		4.6244  GBP
10p ordinary		Sale		25,000		4.6059  GBP
10p ordinary		Sale		19,508		4.6242  GBP
10p ordinary		Sale		17,006		4.6099  GBP
10p ordinary		Sale		12,275		4.6183  GBP
10p ordinary		Sale		10,820		4.6098  GBP
10p ordinary		Sale		10,716		4.6155  GBP
10p ordinary		Sale		9,895		4.6131  GBP
10p ordinary		Sale		7,461		4.6193  GBP
10p ordinary		Sale		4,977		4.6100  GBP
10p ordinary		Sale		4,690		4.6080  GBP
10p ordinary		Sale		4,554		4.6190  GBP
10p ordinary		Sale		3,964		4.6081  GBP
10p ordinary		Sale		3,510		4.6082  GBP
10p ordinary		Sale		3,500		4.6020  GBP
10p ordinary		Sale		3,185		4.6066  GBP
10p ordinary		Sale		3,139		4.6177  GBP
10p ordinary		Sale		2,952		4.6161  GBP
10p ordinary		Sale		2,920		4.6204  GBP
10p ordinary		Sale		2,771		4.6038  GBP
10p ordinary		Sale		2,679		4.6078  GBP
10p ordinary		Sale		2,650		4.6180  GBP
10p ordinary		Sale		2,278		4.6055  GBP
10p ordinary		Sale		2,207		4.6220  GBP
10p ordinary		Sale		1,557		4.6071  GBP
10p ordinary		Sale		1,291		4.6137  GBP
10p ordinary		Sale		1,027		4.5940  GBP
10p ordinary		Sale		716		4.5960  GBP
10p ordinary		Sale		172		4.6000  GBP
10p ordinary		Sale		104		4.6120  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		2,278	4.6055  GBP
10p ordinary		SWAP		Decreasing Short		86,497	4.6060  GBP
10p ordinary		SWAP		Decreasing Short		3,185	4.6066  GBP
10p ordinary		SWAP		Decreasing Short		32,558	4.6087  GBP
10p ordinary		SWAP		Decreasing Short		138,522	4.6092  GBP
10p ordinary		SWAP		Decreasing Short		23,983	4.6093  GBP
10p ordinary		SWAP		Decreasing Short		36,610	4.6113  GBP
10p ordinary		SWAP		Decreasing Short		38,040	4.6121  GBP
10p ordinary		SWAP		Decreasing Short		25,540	4.6145  GBP
10p ordinary		SWAP		Decreasing Short		2,952	4.6161  GBP
10p ordinary		SWAP		Decreasing Short		4,554	4.6190  GBP
10p ordinary		SWAP		Decreasing Short		7,461	4.6193  GBP
10p ordinary		SWAP		Decreasing Short		38,159	4.6216  GBP
10p ordinary		SWAP		Decreasing Short		54,574	4.6230  GBP
10p ordinary		SWAP		Decreasing Short		218,347	4.6240  GBP
10p ordinary		SWAP		Increasing Short		821	4.6000  GBP
10p ordinary		SWAP		Increasing Short		4,962	4.6060  GBP
10p ordinary		SWAP		Increasing Short		366,599	4.6078  GBP
10p ordinary		SWAP		Increasing Short		655	4.6079  GBP
10p ordinary		SWAP		Increasing Short		41,780	4.6085  GBP
10p ordinary		SWAP		Increasing Short		1,055	4.6100  GBP
10p ordinary		SWAP		Increasing Short		9,121	4.6119  GBP
10p ordinary		SWAP		Increasing Short		1,686	4.6138  GBP
10p ordinary		SWAP		Increasing Short		7,541	4.6185  GBP
10p ordinary		SWAP		Increasing Short		33,271	4.6186  GBP
10p ordinary		SWAP		Increasing Short		23,925	4.6240  GBP
10p ordinary		CFD		Decreasing Short		233	4.6239  GBP
10p ordinary		CFD		Decreasing Short		932	4.6240  GBP
10p ordinary		CFD		Increasing Short		52	4.6048  GBP
10p ordinary		CFD		Increasing Short		658	4.6222  GBP
10p ordinary		CFD		Increasing Short		40,231	4.6239  GBP
10p ordinary		CFD		Increasing Short		233	4.6240  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:				04 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END