Form 8.3 - Smith (DS) plc

Barclays PLC

11 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:				10 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:			29,072,549	2.10%	25,524,896	1.85%
(2)	Cash-settled derivatives:
	and/or controlled:			11,709,750	0.85%	27,862,674	2.02%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			40,782,299	2.95%	53,387,570	3.87%
(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		660,387		4.5685  GBP
10p ordinary		Purchase		327,983		4.5666  GBP
10p ordinary		Purchase		200,000		4.5532  GBP
10p ordinary		Purchase		149,116		4.5509  GBP
10p ordinary		Purchase		63,439		4.5680  GBP
10p ordinary		Purchase		60,614		4.5606  GBP
10p ordinary		Purchase		59,398		4.5674  GBP
10p ordinary		Purchase		47,081		4.5541  GBP
10p ordinary		Purchase		29,629		4.5540  GBP
10p ordinary		Purchase		27,660		4.5646  GBP
10p ordinary		Purchase		26,402		4.5615  GBP
10p ordinary		Purchase		20,031		4.5507  GBP
10p ordinary		Purchase		18,110		4.5568  GBP
10p ordinary		Purchase		17,588		4.5491  GBP
10p ordinary		Purchase		16,773		4.5639  GBP
10p ordinary		Purchase		10,685		4.5569  GBP
10p ordinary		Purchase		10,373		4.5607  GBP
10p ordinary		Purchase		10,232		4.5577  GBP
10p ordinary		Purchase		9,883		4.5592  GBP
10p ordinary		Purchase		8,768		4.5689  GBP
10p ordinary		Purchase		8,083		4.5632  GBP
10p ordinary		Purchase		7,761		4.5618  GBP
10p ordinary		Purchase		7,015		4.5640  GBP
10p ordinary		Purchase		6,979		4.5505  GBP
10p ordinary		Purchase		5,843		4.5513  GBP
10p ordinary		Purchase		4,977		4.5687  GBP
10p ordinary		Purchase		4,478		4.5563  GBP
10p ordinary		Purchase		3,291		4.5591  GBP
10p ordinary		Purchase		2,755		4.5461  GBP
10p ordinary		Purchase		2,673		4.5636  GBP
10p ordinary		Purchase		2,282		4.5700  GBP
10p ordinary		Purchase		2,282		4.5698  GBP
10p ordinary		Purchase		1,943		4.5682  GBP
10p ordinary		Purchase		1,925		4.5441  GBP
10p ordinary		Purchase		1,248		4.5556  GBP
10p ordinary		Purchase		730		4.5660  GBP
10p ordinary		Purchase		698		4.5320  GBP
10p ordinary		Purchase		546		4.5360  GBP
10p ordinary		Purchase		504		4.5720  GBP
10p ordinary		Purchase		468		4.5380  GBP
10p ordinary		Purchase		425		4.5740  GBP
10p ordinary		Purchase		408		4.5472  GBP
10p ordinary		Sale		485,191		4.5670  GBP
10p ordinary		Sale		431,477		4.5581  GBP
10p ordinary		Sale		207,331		4.5657  GBP
10p ordinary		Sale		187,877		4.5680  GBP
10p ordinary		Sale		118,574		4.5684  GBP
10p ordinary		Sale		100,161		4.5674  GBP
10p ordinary		Sale		98,513		4.5614  GBP
10p ordinary		Sale		74,332		4.5515  GBP
10p ordinary		Sale		42,707		4.5507  GBP
10p ordinary		Sale		35,434		4.5578  GBP
10p ordinary		Sale		26,697		4.5603  GBP
10p ordinary		Sale		26,330		4.5467  GBP
10p ordinary		Sale		15,707		4.5497  GBP
10p ordinary		Sale		14,085		4.5540  GBP
10p ordinary		Sale		10,934		4.5652  GBP
10p ordinary		Sale		10,422		4.5627  GBP
10p ordinary		Sale		10,147		4.5492  GBP
10p ordinary		Sale		9,424		4.5658  GBP
10p ordinary		Sale		9,411		4.5448  GBP
10p ordinary		Sale		6,810		4.5584  GBP
10p ordinary		Sale		6,439		4.5547  GBP
10p ordinary		Sale		6,119		4.5653  GBP
10p ordinary		Sale		5,000		4.5542  GBP
10p ordinary		Sale		4,375		4.5517  GBP
10p ordinary		Sale		4,151		4.5446  GBP
10p ordinary		Sale		3,637		4.5634  GBP
10p ordinary		Sale		3,618		4.5500  GBP
10p ordinary		Sale		3,544		4.5544  GBP
10p ordinary		Sale		3,445		4.5479  GBP
10p ordinary		Sale		3,209		4.5386  GBP
10p ordinary		Sale		2,755		4.5461  GBP
10p ordinary		Sale		2,282		4.5700  GBP
10p ordinary		Sale		1,144		4.5600  GBP
10p ordinary		Sale		1,095		4.5509  GBP
10p ordinary		Sale		934		4.5633  GBP
10p ordinary		Sale		698		4.5320  GBP
10p ordinary		Sale		607		4.5560  GBP
10p ordinary		Sale		546		4.5360  GBP
10p ordinary		Sale		505		4.5719  GBP
10p ordinary		Sale		468		4.5380  GBP
10p ordinary		Sale		427		4.5628  GBP
10p ordinary		Sale		425		4.5740  GBP
10p ordinary		Sale		391		4.5440  GBP
10p ordinary		Sale		370		4.5480  GBP
10p ordinary		Sale		309		4.5520  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		391	4.5440  GBP
10p ordinary		SWAP		Decreasing Short		26,330	4.5467  GBP
10p ordinary		SWAP		Decreasing Short		4,375	4.5517  GBP
10p ordinary		SWAP		Decreasing Short		724	4.5520  GBP
10p ordinary		SWAP		Decreasing Short		10,934	4.5652  GBP
10p ordinary		SWAP		Decreasing Short		6,119	4.5653  GBP
10p ordinary		SWAP		Decreasing Short		9,424	4.5658  GBP
10p ordinary		SWAP		Decreasing Short		485,191	4.5670  GBP
10p ordinary		SWAP		Decreasing Short		149,340	4.5673  GBP
10p ordinary		SWAP		Decreasing Short		40,763	4.5674  GBP
10p ordinary		SWAP		Decreasing Short		160,548	4.5680  GBP
10p ordinary		SWAP		Increasing Short		1,925	4.5441  GBP
10p ordinary		SWAP		Increasing Short		149,116	4.5509  GBP
10p ordinary		SWAP		Increasing Short		5,843	4.5513  GBP
10p ordinary		SWAP		Increasing Short		18,249	4.5523  GBP
10p ordinary		SWAP		Increasing Short		47,081	4.5541  GBP
10p ordinary		SWAP		Increasing Short		19,097	4.5582  GBP
10p ordinary		SWAP		Increasing Short		102,819	4.5640  GBP
10p ordinary		SWAP		Increasing Short		136,744	4.5652  GBP
10p ordinary		SWAP		Increasing Short		730	4.5660  GBP
10p ordinary		SWAP		Increasing Short		660,387	4.5685  GBP
10p ordinary		SWAP		Increasing Short		452	4.5760  GBP
10p ordinary		CFD		Decreasing Short		223,011	4.5495  GBP
10p ordinary		CFD		Decreasing Short		12,492	4.5555  GBP
10p ordinary		CFD		Decreasing Short		100,000	4.5610  GBP
10p ordinary		CFD		Decreasing Short		27,179	4.5680  GBP
10p ordinary		CFD		Increasing Short		287	4.5680  GBP
10p ordinary		CFD		Increasing Short		425	4.5740  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:				11 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END