Form 8.3 - Smith (DS) plc

Barclays PLC

23 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:				22 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:			26,499,267	1.91%	25,151,146	1.82%
(2)	Cash-settled derivatives:
	and/or controlled:			11,400,946	0.83%	25,904,452	1.88%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			37,900,213	2.74%	51,055,598	3.70%
(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		98,575		4.6210  GBP
10p ordinary		Purchase		80,756		4.6309  GBP
10p ordinary		Purchase		80,194		4.6300  GBP
10p ordinary		Purchase		60,230		4.5782  GBP
10p ordinary		Purchase		46,113		4.6228  GBP
10p ordinary		Purchase		32,252		4.5800  GBP
10p ordinary		Purchase		19,343		4.5716  GBP
10p ordinary		Purchase		16,693		4.5702  GBP
10p ordinary		Purchase		10,501		4.5901  GBP
10p ordinary		Purchase		9,304		4.5795  GBP
10p ordinary		Purchase		6,894		4.6001  GBP
10p ordinary		Purchase		6,262		4.5600  GBP
10p ordinary		Purchase		6,254		4.5772  GBP
10p ordinary		Purchase		5,934		4.5785  GBP
10p ordinary		Purchase		5,747		4.5739  GBP
10p ordinary		Purchase		4,425		4.5692  GBP
10p ordinary		Purchase		3,859		4.6006  GBP
10p ordinary		Purchase		3,684		4.5690  GBP
10p ordinary		Purchase		3,626		4.5745  GBP
10p ordinary		Purchase		2,646		4.5736  GBP
10p ordinary		Purchase		2,289		4.5863  GBP
10p ordinary		Purchase		2,264		4.5700  GBP
10p ordinary		Purchase		1,636		4.5840  GBP
10p ordinary		Purchase		1,356		4.5680  GBP
10p ordinary		Purchase		1,327		4.5633  GBP
10p ordinary		Purchase		1,201		4.5709  GBP
10p ordinary		Purchase		1,073		4.5724  GBP
10p ordinary		Purchase		1,041		4.6273  GBP
10p ordinary		Purchase		790		4.5950  GBP
10p ordinary		Purchase		549		4.5762  GBP
10p ordinary		Purchase		72		4.6190  GBP
10p ordinary		Purchase		34		4.6250  GBP
10p ordinary		Purchase		1		4.5580  GBP
10p ordinary		Sale		147,702		4.5768  GBP
10p ordinary		Sale		104,877		4.6180  GBP
10p ordinary		Sale		91,796		4.6212  GBP
10p ordinary		Sale		81,580		4.6068  GBP
10p ordinary		Sale		63,574		4.6300  GBP
10p ordinary		Sale		50,926		4.6125  GBP
10p ordinary		Sale		50,899		4.6088  GBP
10p ordinary		Sale		48,096		4.6302  GBP
10p ordinary		Sale		33,163		4.6131  GBP
10p ordinary		Sale		30,595		4.5699  GBP
10p ordinary		Sale		27,062		4.6182  GBP
10p ordinary		Sale		21,441		4.6084  GBP
10p ordinary		Sale		11,545		4.5789  GBP
10p ordinary		Sale		10,227		4.5841  GBP
10p ordinary		Sale		7,234		4.5627  GBP
10p ordinary		Sale		6,974		4.6132  GBP
10p ordinary		Sale		4,811		4.5922  GBP
10p ordinary		Sale		2,497		4.5701  GBP
10p ordinary		Sale		1,196		4.5566  GBP
10p ordinary		Sale		1,041		4.6278  GBP
10p ordinary		Sale		920		4.5704  GBP
10p ordinary		Sale		790		4.5954  GBP
10p ordinary		Sale		473		4.5579  GBP
10p ordinary		Sale		1		4.5580  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		10,227	4.5841  GBP
10p ordinary		SWAP		Decreasing Short		42,425	4.6035  GBP
10p ordinary		SWAP		Decreasing Short		81,580	4.6068  GBP
10p ordinary		SWAP		Decreasing Short		50,899	4.6088  GBP
10p ordinary		SWAP		Decreasing Short		31,831	4.6093  GBP
10p ordinary		SWAP		Decreasing Short		27,062	4.6182  GBP
10p ordinary		SWAP		Decreasing Short		9,986	4.6188  GBP
10p ordinary		SWAP		Decreasing Short		22,559	4.6300  GBP
10p ordinary		SWAP		Increasing Short		72	4.5580  GBP
10p ordinary		SWAP		Increasing Short		5,934	4.5785  GBP
10p ordinary		SWAP		Increasing Short		10,501	4.5901  GBP
10p ordinary		SWAP		Increasing Short		34	4.6250  GBP
10p ordinary		SWAP		Increasing Short		36,603	4.6272  GBP
10p ordinary		SWAP		Increasing Short		80,756	4.6309  GBP
10p ordinary		CFD		Decreasing Short		25,213	4.6300  GBP
10p ordinary		CFD		Increasing Short		1	4.5600  GBP
10p ordinary		CFD		Increasing Short		2,384	4.6120  GBP
10p ordinary		CFD		Increasing Short		1,055	4.6300  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:				23 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END