Form 8.3 - Smith (DS) plc

Barclays PLC

21 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:				18 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:			27,002,862	1.95%	25,304,493	1.83%
(2)	Cash-settled derivatives:
	and/or controlled:			11,535,504	0.84%	26,289,184	1.90%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			38,538,366	2.79%	51,593,677	3.74%
(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		590,213		4.4744  GBP
10p ordinary		Purchase		140,660		4.4704  GBP
10p ordinary		Purchase		125,315		4.4976  GBP
10p ordinary		Purchase		108,262		4.5107  GBP
10p ordinary		Purchase		98,066		4.4697  GBP
10p ordinary		Purchase		96,142		4.5087  GBP
10p ordinary		Purchase		84,377		4.5084  GBP
10p ordinary		Purchase		68,522		4.5275  GBP
10p ordinary		Purchase		48,209		4.4789  GBP
10p ordinary		Purchase		43,369		4.4700  GBP
10p ordinary		Purchase		28,040		4.5071  GBP
10p ordinary		Purchase		24,161		4.5006  GBP
10p ordinary		Purchase		12,764		4.5372  GBP
10p ordinary		Purchase		12,095		4.4708  GBP
10p ordinary		Purchase		11,738		4.5031  GBP
10p ordinary		Purchase		11,067		4.5402  GBP
10p ordinary		Purchase		11,013		4.5647  GBP
10p ordinary		Purchase		7,763		4.5141  GBP
10p ordinary		Purchase		5,522		4.5954  GBP
10p ordinary		Purchase		5,177		4.5213  GBP
10p ordinary		Purchase		3,753		4.5807  GBP
10p ordinary		Purchase		3,290		4.5313  GBP
10p ordinary		Purchase		3,000		4.5940  GBP
10p ordinary		Purchase		2,199		4.5035  GBP
10p ordinary		Purchase		2,118		4.5480  GBP
10p ordinary		Purchase		1,960		4.5705  GBP
10p ordinary		Purchase		1,829		4.5842  GBP
10p ordinary		Purchase		1,782		4.5200  GBP
10p ordinary		Purchase		1,466		4.4960  GBP
10p ordinary		Purchase		1,134		4.6000  GBP
10p ordinary		Purchase		745		4.4900  GBP
10p ordinary		Purchase		598		4.4920  GBP
10p ordinary		Purchase		592		4.5140  GBP
10p ordinary		Purchase		581		4.4880  GBP
10p ordinary		Purchase		472		4.4760  GBP
10p ordinary		Purchase		123		4.5990  GBP
10p ordinary		Sale		212,032		4.4891  GBP
10p ordinary		Sale		154,118		4.5660  GBP
10p ordinary		Sale		140,660		4.4703  GBP
10p ordinary		Sale		83,574		4.4700  GBP
10p ordinary		Sale		61,101		4.5180  GBP
10p ordinary		Sale		58,161		4.4934  GBP
10p ordinary		Sale		38,838		4.4845  GBP
10p ordinary		Sale		30,401		4.5751  GBP
10p ordinary		Sale		29,315		4.4691  GBP
10p ordinary		Sale		25,975		4.5009  GBP
10p ordinary		Sale		21,717		4.4740  GBP
10p ordinary		Sale		20,820		4.5213  GBP
10p ordinary		Sale		18,274		4.5189  GBP
10p ordinary		Sale		13,601		4.5003  GBP
10p ordinary		Sale		13,398		4.5850  GBP
10p ordinary		Sale		10,575		4.5047  GBP
10p ordinary		Sale		10,365		4.4985  GBP
10p ordinary		Sale		8,522		4.5949  GBP
10p ordinary		Sale		8,232		4.4984  GBP
10p ordinary		Sale		6,663		4.5130  GBP
10p ordinary		Sale		5,859		4.4991  GBP
10p ordinary		Sale		5,636		4.4941  GBP
10p ordinary		Sale		5,522		4.5954  GBP
10p ordinary		Sale		5,149		4.5339  GBP
10p ordinary		Sale		4,400		4.5934  GBP
10p ordinary		Sale		3,982		4.4959  GBP
10p ordinary		Sale		3,959		4.5344  GBP
10p ordinary		Sale		3,761		4.4951  GBP
10p ordinary		Sale		3,000		4.5940  GBP
10p ordinary		Sale		2,991		4.5860  GBP
10p ordinary		Sale		2,186		4.4950  GBP
10p ordinary		Sale		2,074		4.5117  GBP
10p ordinary		Sale		1,838		4.4912  GBP
10p ordinary		Sale		1,682		4.4960  GBP
10p ordinary		Sale		1,665		4.5233  GBP
10p ordinary		Sale		1,522		4.5043  GBP
10p ordinary		Sale		1,500		4.5288  GBP
10p ordinary		Sale		1,272		4.5200  GBP
10p ordinary		Sale		1,227		4.4857  GBP
10p ordinary		Sale		1,203		4.5100  GBP
10p ordinary		Sale		943		4.5020  GBP
10p ordinary		Sale		805		4.5620  GBP
10p ordinary		Sale		745		4.4900  GBP
10p ordinary		Sale		598		4.4920  GBP
10p ordinary		Sale		592		4.5140  GBP
10p ordinary		Sale		581		4.4880  GBP
10p ordinary		Sale		280		4.4897  GBP
10p ordinary		Sale		169		4.5340  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		29,315	4.4691  GBP
10p ordinary		SWAP		Decreasing Short		4,894	4.4700  GBP
10p ordinary		SWAP		Decreasing Short		38,838	4.4845  GBP
10p ordinary		SWAP		Decreasing Short		1,227	4.4857  GBP
10p ordinary		SWAP		Decreasing Short		1,203	4.5100  GBP
10p ordinary		SWAP		Decreasing Short		18,274	4.5189  GBP
10p ordinary		SWAP		Decreasing Short		1,665	4.5233  GBP
10p ordinary		SWAP		Decreasing Short		169	4.5340  GBP
10p ordinary		SWAP		Decreasing Short		24,416	4.5893  GBP
10p ordinary		SWAP		Decreasing Short		1	4.5960  GBP
10p ordinary		SWAP		Increasing Short		254,033	4.4700  GBP
10p ordinary		SWAP		Increasing Short		12,095	4.4708  GBP
10p ordinary		SWAP		Increasing Short		131,083	4.4723  GBP
10p ordinary		SWAP		Increasing Short		48,209	4.4789  GBP
10p ordinary		SWAP		Increasing Short		24,161	4.5006  GBP
10p ordinary		SWAP		Increasing Short		78,246	4.5060  GBP
10p ordinary		SWAP		Increasing Short		84,377	4.5084  GBP
10p ordinary		SWAP		Increasing Short		54,667	4.5094  GBP
10p ordinary		SWAP		Increasing Short		2,118	4.5480  GBP
10p ordinary		SWAP		Increasing Short		529	4.5659  GBP
10p ordinary		CFD		Decreasing Short		2,090	4.4700  GBP
10p ordinary		CFD		Decreasing Short		5,513	4.5340  GBP
10p ordinary		CFD		Increasing Short		2,090	4.4700  GBP
10p ordinary		CFD		Increasing Short		140,660	4.4703  GBP
10p ordinary		CFD		Increasing Short		23,693	4.5143  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:				21 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END