Form 8.3 - Smith (DS) plc

Barclays PLC

09 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:				08 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:			29,594,142	2.14%	25,798,736	1.87%
(2)	Cash-settled derivatives:
	and/or controlled:			11,843,682	0.86%	28,496,148	2.06%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			41,437,824	3.00%	54,294,884	3.93%
(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		602,664		4.5779  GBP
10p ordinary		Purchase		239,625		4.5940  GBP
10p ordinary		Purchase		196,572		4.5386  GBP
10p ordinary		Purchase		130,462		4.5376  GBP
10p ordinary		Purchase		129,581		4.5628  GBP
10p ordinary		Purchase		125,583		4.5840  GBP
10p ordinary		Purchase		106,161		4.5574  GBP
10p ordinary		Purchase		99,715		4.5700  GBP
10p ordinary		Purchase		78,166		4.5391  GBP
10p ordinary		Purchase		56,720		4.5356  GBP
10p ordinary		Purchase		38,781		4.5653  GBP
10p ordinary		Purchase		32,600		4.5476  GBP
10p ordinary		Purchase		32,262		4.5644  GBP
10p ordinary		Purchase		32,012		4.5309  GBP
10p ordinary		Purchase		31,096		4.5603  GBP
10p ordinary		Purchase		22,108		4.5640  GBP
10p ordinary		Purchase		18,442		4.5691  GBP
10p ordinary		Purchase		17,771		4.5817  GBP
10p ordinary		Purchase		16,463		4.5441  GBP
10p ordinary		Purchase		15,532		4.5577  GBP
10p ordinary		Purchase		14,423		4.5445  GBP
10p ordinary		Purchase		11,594		4.5693  GBP
10p ordinary		Purchase		8,606		4.5332  GBP
10p ordinary		Purchase		7,000		4.5270  GBP
10p ordinary		Purchase		6,330		4.5343  GBP
10p ordinary		Purchase		5,238		4.5508  GBP
10p ordinary		Purchase		4,640		4.5706  GBP
10p ordinary		Purchase		4,469		4.5534  GBP
10p ordinary		Purchase		3,500		4.5260  GBP
10p ordinary		Purchase		3,344		4.5281  GBP
10p ordinary		Purchase		3,128		4.5705  GBP
10p ordinary		Purchase		2,365		4.5280  GBP
10p ordinary		Purchase		2,062		4.5277  GBP
10p ordinary		Purchase		1,907		4.5619  GBP
10p ordinary		Purchase		1,827		4.5560  GBP
10p ordinary		Purchase		1,811		4.5615  GBP
10p ordinary		Purchase		1,671		4.5740  GBP
10p ordinary		Purchase		1,435		4.5300  GBP
10p ordinary		Purchase		1,359		4.5340  GBP
10p ordinary		Purchase		1,347		4.5400  GBP
10p ordinary		Purchase		1,321		4.5800  GBP
10p ordinary		Purchase		1,272		4.5320  GBP
10p ordinary		Purchase		1,234		4.5600  GBP
10p ordinary		Purchase		1,184		4.5820  GBP
10p ordinary		Purchase		1,066		4.5326  GBP
10p ordinary		Purchase		877		4.5680  GBP
10p ordinary		Purchase		766		4.5420  GBP
10p ordinary		Purchase		730		4.5897  GBP
10p ordinary		Purchase		641		4.5160  GBP
10p ordinary		Purchase		633		4.5790  GBP
10p ordinary		Purchase		632		4.5540  GBP
10p ordinary		Purchase		619		4.5880  GBP
10p ordinary		Purchase		553		4.5220  GBP
10p ordinary		Purchase		135		4.5900  GBP
10p ordinary		Sale		319,331		4.5940  GBP
10p ordinary		Sale		183,507		4.5670  GBP
10p ordinary		Sale		122,673		4.5728  GBP
10p ordinary		Sale		117,335		4.5930  GBP
10p ordinary		Sale		111,348		4.5860  GBP
10p ordinary		Sale		96,365		4.5564  GBP
10p ordinary		Sale		64,094		4.5362  GBP
10p ordinary		Sale		57,033		4.5340  GBP
10p ordinary		Sale		33,971		4.5505  GBP
10p ordinary		Sale		33,800		4.5401  GBP
10p ordinary		Sale		32,012		4.5314  GBP
10p ordinary		Sale		31,665		4.5468  GBP
10p ordinary		Sale		29,880		4.5658  GBP
10p ordinary		Sale		24,966		4.5732  GBP
10p ordinary		Sale		17,771		4.5817  GBP
10p ordinary		Sale		12,485		4.5581  GBP
10p ordinary		Sale		11,179		4.5477  GBP
10p ordinary		Sale		10,787		4.5610  GBP
10p ordinary		Sale		10,500		4.5266  GBP
10p ordinary		Sale		8,665		4.5684  GBP
10p ordinary		Sale		6,330		4.5347  GBP
10p ordinary		Sale		6,214		4.5350  GBP
10p ordinary		Sale		5,830		4.5334  GBP
10p ordinary		Sale		5,126		4.5640  GBP
10p ordinary		Sale		4,669		4.5591  GBP
10p ordinary		Sale		3,689		4.5512  GBP
10p ordinary		Sale		3,631		4.5280  GBP
10p ordinary		Sale		3,344		4.5286  GBP
10p ordinary		Sale		3,064		4.5445  GBP
10p ordinary		Sale		3,015		4.5413  GBP
10p ordinary		Sale		2,652		4.5600  GBP
10p ordinary		Sale		2,040		4.5417  GBP
10p ordinary		Sale		1,850		4.5840  GBP
10p ordinary		Sale		1,827		4.5560  GBP
10p ordinary		Sale		1,520		4.5751  GBP
10p ordinary		Sale		1,435		4.5300  GBP
10p ordinary		Sale		1,347		4.5400  GBP
10p ordinary		Sale		1,272		4.5320  GBP
10p ordinary		Sale		1,184		4.5820  GBP
10p ordinary		Sale		935		4.5475  GBP
10p ordinary		Sale		877		4.5680  GBP
10p ordinary		Sale		876		4.5713  GBP
10p ordinary		Sale		766		4.5420  GBP
10p ordinary		Sale		730		4.5901  GBP
10p ordinary		Sale		688		4.5800  GBP
10p ordinary		Sale		641		4.5160  GBP
10p ordinary		Sale		619		4.5880  GBP
10p ordinary		Sale		596		4.5700  GBP
10p ordinary		Sale		430		4.5440  GBP
10p ordinary		Sale		135		4.5900  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		5,830	4.5334  GBP
10p ordinary		SWAP		Decreasing Short		3,015	4.5413  GBP
10p ordinary		SWAP		Decreasing Short		2,040	4.5417  GBP
10p ordinary		SWAP		Decreasing Short		935	4.5475  GBP
10p ordinary		SWAP		Decreasing Short		102,802	4.5564  GBP
10p ordinary		SWAP		Decreasing Short		54,341	4.5623  GBP
10p ordinary		SWAP		Decreasing Short		8,665	4.5684  GBP
10p ordinary		SWAP		Decreasing Short		24,966	4.5732  GBP
10p ordinary		SWAP		Decreasing Short		1,520	4.5751  GBP
10p ordinary		SWAP		Decreasing Short		71,048	4.5821  GBP
10p ordinary		SWAP		Decreasing Short		29,192	4.5877  GBP
10p ordinary		SWAP		Decreasing Short		492	4.5920  GBP
10p ordinary		SWAP		Decreasing Short		35,516	4.5930  GBP
10p ordinary		SWAP		Decreasing Short		208,141	4.5940  GBP
10p ordinary		SWAP		Increasing Short		16,557	4.5284  GBP
10p ordinary		SWAP		Increasing Short		1,066	4.5326  GBP
10p ordinary		SWAP		Increasing Short		56,720	4.5356  GBP
10p ordinary		SWAP		Increasing Short		130,462	4.5376  GBP
10p ordinary		SWAP		Increasing Short		78,166	4.5391  GBP
10p ordinary		SWAP		Increasing Short		53,514	4.5518  GBP
10p ordinary		SWAP		Increasing Short		89,258	4.5557  GBP
10p ordinary		SWAP		Increasing Short		1,169	4.5581  GBP
10p ordinary		SWAP		Increasing Short		300,000	4.5607  GBP
10p ordinary		SWAP		Increasing Short		300,000	4.5711  GBP
10p ordinary		SWAP		Increasing Short		41,911	4.5940  GBP
10p ordinary		SWAP		Increasing Short		300,000	4.5947  GBP
10p ordinary		CFD		Decreasing Short		17,771	4.5817  GBP
10p ordinary		CFD		Decreasing Short		717	4.5940  GBP
10p ordinary		CFD		Increasing Short		4,910	4.5352  GBP
10p ordinary		CFD		Increasing Short		102,917	4.5940  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 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END