Form 8.3 - Smith (DS) plc

Barclays PLC

10 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:				09 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:			29,359,048	2.13%	25,674,804	1.86%
(2)	Cash-settled derivatives:
	and/or controlled:			11,696,731	0.85%	27,963,321	2.03%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			41,055,779	2.97%	53,638,125	3.89%
(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		413,969		4.5901  GBP
10p ordinary		Purchase		357,833		4.5920  GBP
10p ordinary		Purchase		215,003		4.6114  GBP
10p ordinary		Purchase		177,904		4.5942  GBP
10p ordinary		Purchase		169,007		4.5917  GBP
10p ordinary		Purchase		164,049		4.5728  GBP
10p ordinary		Purchase		138,698		4.5970  GBP
10p ordinary		Purchase		84,890		4.5921  GBP
10p ordinary		Purchase		83,384		4.5960  GBP
10p ordinary		Purchase		58,273		4.5749  GBP
10p ordinary		Purchase		43,462		4.5705  GBP
10p ordinary		Purchase		38,257		4.5807  GBP
10p ordinary		Purchase		34,068		4.6035  GBP
10p ordinary		Purchase		29,451		4.5923  GBP
10p ordinary		Purchase		24,775		4.5911  GBP
10p ordinary		Purchase		23,179		4.5720  GBP
10p ordinary		Purchase		22,175		4.5941  GBP
10p ordinary		Purchase		19,905		4.6109  GBP
10p ordinary		Purchase		16,850		4.6118  GBP
10p ordinary		Purchase		16,482		4.6115  GBP
10p ordinary		Purchase		14,760		4.6132  GBP
10p ordinary		Purchase		13,592		4.5932  GBP
10p ordinary		Purchase		13,049		4.5724  GBP
10p ordinary		Purchase		12,928		4.6036  GBP
10p ordinary		Purchase		8,703		4.5734  GBP
10p ordinary		Purchase		8,063		4.6200  GBP
10p ordinary		Purchase		7,163		4.6181  GBP
10p ordinary		Purchase		6,460		4.6077  GBP
10p ordinary		Purchase		5,095		4.6117  GBP
10p ordinary		Purchase		4,715		4.5858  GBP
10p ordinary		Purchase		3,732		4.6108  GBP
10p ordinary		Purchase		3,665		4.6106  GBP
10p ordinary		Purchase		3,186		4.5868  GBP
10p ordinary		Purchase		2,891		4.5830  GBP
10p ordinary		Purchase		2,627		4.5680  GBP
10p ordinary		Purchase		2,516		4.5745  GBP
10p ordinary		Purchase		1,423		4.5820  GBP
10p ordinary		Purchase		1,028		4.5710  GBP
10p ordinary		Purchase		887		4.5760  GBP
10p ordinary		Purchase		885		4.5940  GBP
10p ordinary		Purchase		790		4.5980  GBP
10p ordinary		Purchase		683		4.5930  GBP
10p ordinary		Purchase		481		4.6000  GBP
10p ordinary		Purchase		231		4.5700  GBP
10p ordinary		Purchase		145		4.5800  GBP
10p ordinary		Sale		391,801		4.5920  GBP
10p ordinary		Sale		385,735		4.5919  GBP
10p ordinary		Sale		198,002		4.5733  GBP
10p ordinary		Sale		117,198		4.5853  GBP
10p ordinary		Sale		65,421		4.5747  GBP
10p ordinary		Sale		44,220		4.5706  GBP
10p ordinary		Sale		24,275		4.5723  GBP
10p ordinary		Sale		18,062		4.5820  GBP
10p ordinary		Sale		16,075		4.6081  GBP
10p ordinary		Sale		12,210		4.5939  GBP
10p ordinary		Sale		12,150		4.5728  GBP
10p ordinary		Sale		8,751		4.5922  GBP
10p ordinary		Sale		8,633		4.5772  GBP
10p ordinary		Sale		7,695		4.5787  GBP
10p ordinary		Sale		7,544		4.5927  GBP
10p ordinary		Sale		7,126		4.5720  GBP
10p ordinary		Sale		6,641		4.5871  GBP
10p ordinary		Sale		5,434		4.5913  GBP
10p ordinary		Sale		4,528		4.6179  GBP
10p ordinary		Sale		2,770		4.5933  GBP
10p ordinary		Sale		2,673		4.5923  GBP
10p ordinary		Sale		2,627		4.5680  GBP
10p ordinary		Sale		2,371		4.5759  GBP
10p ordinary		Sale		1,948		4.5897  GBP
10p ordinary		Sale		1,781		4.5959  GBP
10p ordinary		Sale		1,728		4.5980  GBP
10p ordinary		Sale		1,555		4.5734  GBP
10p ordinary		Sale		1,423		4.5821  GBP
10p ordinary		Sale		914		4.5880  GBP
10p ordinary		Sale		481		4.6000  GBP
10p ordinary		Sale		231		4.5700  GBP
10p ordinary		Sale		181		4.5940  GBP
10p ordinary		Sale		145		4.5800  GBP
10p ordinary		Sale		145		4.5804  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		Opening Long		1,000,000	4.5959  USD
10p ordinary		SWAP		Decreasing Short		2,371	4.5759  GBP
10p ordinary		SWAP		Decreasing Short		7,695	4.5787  GBP
10p ordinary		SWAP		Decreasing Short		12,947	4.5838  GBP
10p ordinary		SWAP		Decreasing Short		74,325	4.5911  GBP
10p ordinary		SWAP		Decreasing Short		273,576	4.5920  GBP
10p ordinary		SWAP		Decreasing Short		31,858	4.5923  GBP
10p ordinary		SWAP		Decreasing Short		1,456	4.5999  GBP
10p ordinary		SWAP		Decreasing Short		16,075	4.6081  GBP
10p ordinary		SWAP		Decreasing Short		4,528	4.6179  GBP
10p ordinary		SWAP		Increasing Short		38,257	4.5807  GBP
10p ordinary		SWAP		Increasing Short		4,715	4.5858  GBP
10p ordinary		SWAP		Increasing Short		152,225	4.5889  GBP
10p ordinary		SWAP		Increasing Short		19,725	4.5898  GBP
10p ordinary		SWAP		Increasing Short		237,872	4.5920  GBP
10p ordinary		SWAP		Increasing Short		9,477	4.5921  GBP
10p ordinary		SWAP		Increasing Short		168	4.5926  GBP
10p ordinary		SWAP		Increasing Short		192	4.5927  GBP
10p ordinary		SWAP		Increasing Short		25,719	4.5933  GBP
10p ordinary		SWAP		Increasing Short		177,904	4.5942  GBP
10p ordinary		SWAP		Increasing Short		3,916	4.5957  GBP
10p ordinary		SWAP		Increasing Short		83,384	4.5960  GBP
10p ordinary		SWAP		Increasing Short		790	4.5980  GBP
10p ordinary		SWAP		Increasing Short		99,402	4.6009  GBP
10p ordinary		SWAP		Increasing Short		100,319	4.6013  GBP
10p ordinary		CFD		Decreasing Short		173	4.5920  GBP
10p ordinary		CFD		Increasing Short		173	4.5920  GBP
10p ordinary		CFD		Increasing Short		84,890	4.5921  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:				10 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END