Form 8.3 - Smith (DS) plc

Barclays PLC

14 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:				11 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:			29,976,202	2.09%	25,346,883	1.84%
(2)	Cash-settled derivatives:
	and/or controlled:			11,544,269	0.84%	28,066,700	2.03%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			40,520,471	2.93%	53,413,583	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		313,125		4.6800  GBP
10p ordinary		Purchase		121,421		4.6595  GBP
10p ordinary		Purchase		66,446		4.5665  GBP
10p ordinary		Purchase		53,325		4.6420  GBP
10p ordinary		Purchase		50,554		4.5788  GBP
10p ordinary		Purchase		40,596		4.5600  GBP
10p ordinary		Purchase		16,370		4.5593  GBP
10p ordinary		Purchase		10,859		4.6807  GBP
10p ordinary		Purchase		10,072		4.5589  GBP
10p ordinary		Purchase		9,939		4.6786  GBP
10p ordinary		Purchase		8,543		4.5696  GBP
10p ordinary		Purchase		7,933		4.5952  GBP
10p ordinary		Purchase		7,565		4.5894  GBP
10p ordinary		Purchase		4,857		4.5611  GBP
10p ordinary		Purchase		4,419		4.5619  GBP
10p ordinary		Purchase		3,692		4.6395  GBP
10p ordinary		Purchase		2,715		4.5610  GBP
10p ordinary		Purchase		2,583		4.5775  GBP
10p ordinary		Purchase		2,018		4.5866  GBP
10p ordinary		Purchase		1,942		4.5546  GBP
10p ordinary		Purchase		1,582		4.5559  GBP
10p ordinary		Purchase		1,493		4.5515  GBP
10p ordinary		Purchase		1,291		4.5580  GBP
10p ordinary		Purchase		896		4.6680  GBP
10p ordinary		Purchase		708		4.5652  GBP
10p ordinary		Purchase		679		4.6760  GBP
10p ordinary		Purchase		494		4.6017  GBP
10p ordinary		Purchase		423		4.6040  GBP
10p ordinary		Purchase		371		4.6520  GBP
10p ordinary		Purchase		97		4.6518  GBP
10p ordinary		Sale		134,365		4.6663  GBP
10p ordinary		Sale		115,000		4.5595  GBP
10p ordinary		Sale		106,933		4.6800  GBP
10p ordinary		Sale		74,306		4.6440  GBP
10p ordinary		Sale		60,850		4.6481  GBP
10p ordinary		Sale		32,324		4.6791  GBP
10p ordinary		Sale		30,874		4.5674  GBP
10p ordinary		Sale		26,070		4.6340  GBP
10p ordinary		Sale		23,359		4.5652  GBP
10p ordinary		Sale		14,973		4.6480  GBP
10p ordinary		Sale		9,857		4.6117  GBP
10p ordinary		Sale		6,862		4.5604  GBP
10p ordinary		Sale		6,729		4.6755  GBP
10p ordinary		Sale		5,351		4.5752  GBP
10p ordinary		Sale		5,270		4.5622  GBP
10p ordinary		Sale		4,814		4.6508  GBP
10p ordinary		Sale		1,885		4.5541  GBP
10p ordinary		Sale		1,745		4.6500  GBP
10p ordinary		Sale		1,001		4.6179  GBP
10p ordinary		Sale		896		4.6680  GBP
10p ordinary		Sale		806		4.5573  GBP
10p ordinary		Sale		456		4.6659  GBP
10p ordinary		Sale		423		4.6040  GBP
10p ordinary		Sale		193		4.5639  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		806	4.5573  GBP
10p ordinary		SWAP		Decreasing Short		90,000	4.5607  GBP
10p ordinary		SWAP		Decreasing Short		5,270	4.5622  GBP
10p ordinary		SWAP		Decreasing Short		193	4.5639  GBP
10p ordinary		SWAP		Decreasing Short		90,000	4.5711  GBP
10p ordinary		SWAP		Decreasing Short		90,000	4.5947  GBP
10p ordinary		SWAP		Decreasing Short		15,553	4.6318  GBP
10p ordinary		SWAP		Decreasing Short		23,706	4.6428  GBP
10p ordinary		SWAP		Decreasing Short		74,306	4.6440  GBP
10p ordinary		SWAP		Decreasing Short		3,414	4.6479  GBP
10p ordinary		SWAP		Decreasing Short		60,850	4.6481  GBP
10p ordinary		SWAP		Decreasing Short		4,814	4.6508  GBP
10p ordinary		SWAP		Decreasing Short		456	4.6659  GBP
10p ordinary		SWAP		Decreasing Short		6,729	4.6755  GBP
10p ordinary		SWAP		Decreasing Short		32,324	4.6790  GBP
10p ordinary		SWAP		Decreasing Short		69,467	4.6792  GBP
10p ordinary		SWAP		Decreasing Short		17,285	4.6797  GBP
10p ordinary		SWAP		Decreasing Short		19,812	4.6800  GBP
10p ordinary		SWAP		Increasing Short		90,000	4.5607  GBP
10p ordinary		SWAP		Increasing Short		4,419	4.5619  GBP
10p ordinary		SWAP		Increasing Short		708	4.5652  GBP
10p ordinary		SWAP		Increasing Short		90,000	4.5711  GBP
10p ordinary		SWAP		Increasing Short		50,554	4.5788  GBP
10p ordinary		SWAP		Increasing Short		90,000	4.5947  GBP
10p ordinary		SWAP		Increasing Short		300,000	4.6141  GBP
10p ordinary		SWAP		Increasing Short		40,662	4.6760  GBP
10p ordinary		SWAP		Increasing Short		18,358	4.6779  GBP
10p ordinary		SWAP		Increasing Short		190,681	4.6800  GBP
10p ordinary		SWAP		Increasing Short		149	4.6806  GBP
10p ordinary		SWAP		Increasing Short		10,710	4.6807  GBP
10p ordinary		CFD		Decreasing Short		423	4.6039  GBP
10p ordinary		CFD		Decreasing Short		151	4.6800  GBP
10p ordinary		CFD		Increasing Short		494	4.6017  GBP
10p ordinary		CFD		Increasing Short		11,826	4.6219  GBP
10p ordinary		CFD		Increasing Short		76,505	4.6800  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:				14 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END