Form 8.3 - Smith (DS) plc

Barclays PLC

25 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:				24 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:			26,066,347	1.88%	25,147,770	1.82%
(2)	Cash-settled derivatives:
	and/or controlled:			11,468,163	0.83%	25,534,853	1.85%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			37,534,510	2.71%	50,682,623	3.67%
(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		749,154		4.7780  GBP
10p ordinary		Purchase		389,000		4.7825  GBP
10p ordinary		Purchase		362,584		4.7774  GBP
10p ordinary		Purchase		231,727		4.7790  GBP
10p ordinary		Purchase		225,650		4.7530  GBP
10p ordinary		Purchase		135,538		4.7782  GBP
10p ordinary		Purchase		104,092		4.7798  GBP
10p ordinary		Purchase		100,000		4.8200  GBP
10p ordinary		Purchase		100,000		4.7560  GBP
10p ordinary		Purchase		100,000		4.7799  GBP
10p ordinary		Purchase		100,000		4.7540  GBP
10p ordinary		Purchase		100,000		4.8142  GBP
10p ordinary		Purchase		100,000		4.7880  GBP
10p ordinary		Purchase		100,000		4.7646  GBP
10p ordinary		Purchase		100,000		4.7765  GBP
10p ordinary		Purchase		100,000		4.7569  GBP
10p ordinary		Purchase		88,115		4.7686  GBP
10p ordinary		Purchase		84,278		4.7981  GBP
10p ordinary		Purchase		67,776		4.7731  GBP
10p ordinary		Purchase		58,746		4.7800  GBP
10p ordinary		Purchase		35,595		4.7905  GBP
10p ordinary		Purchase		29,182		4.7908  GBP
10p ordinary		Purchase		26,915		4.7759  GBP
10p ordinary		Purchase		24,381		4.7850  GBP
10p ordinary		Purchase		20,285		4.7935  GBP
10p ordinary		Purchase		14,563		4.7978  GBP
10p ordinary		Purchase		13,100		4.7789  GBP
10p ordinary		Purchase		12,228		4.7723  GBP
10p ordinary		Purchase		8,242		4.7670  GBP
10p ordinary		Purchase		7,817		4.7752  GBP
10p ordinary		Purchase		7,511		4.7902  GBP
10p ordinary		Purchase		5,480		4.7924  GBP
10p ordinary		Purchase		4,868		4.7822  GBP
10p ordinary		Purchase		4,730		4.8001  GBP
10p ordinary		Purchase		3,204		4.7674  GBP
10p ordinary		Purchase		2,541		4.8018  GBP
10p ordinary		Purchase		2,058		4.8005  GBP
10p ordinary		Purchase		1,117		4.7796  GBP
10p ordinary		Purchase		993		4.7960  GBP
10p ordinary		Purchase		896		4.8144  GBP
10p ordinary		Purchase		532		4.8000  GBP
10p ordinary		Purchase		500		4.8140  GBP
10p ordinary		Purchase		161		4.7980  GBP
10p ordinary		Purchase		70		4.8020  GBP
10p ordinary		Purchase		42		4.7842  GBP
10p ordinary		Purchase		8		4.7875  GBP
10p ordinary		Purchase		4		4.7725  GBP
10p ordinary		Sale		819,070		4.7800  GBP
10p ordinary		Sale		588,027		4.7756  GBP
10p ordinary		Sale		532,183		4.7792  GBP
10p ordinary		Sale		301,455		4.7866  GBP
10p ordinary		Sale		147,264		4.7782  GBP
10p ordinary		Sale		139,816		4.7680  GBP
10p ordinary		Sale		129,054		4.7662  GBP
10p ordinary		Sale		100,000		4.7530  GBP
10p ordinary		Sale		96,799		4.7699  GBP
10p ordinary		Sale		84,275		4.7981  GBP
10p ordinary		Sale		70,317		4.7741  GBP
10p ordinary		Sale		69,185		4.7757  GBP
10p ordinary		Sale		65,870		4.7886  GBP
10p ordinary		Sale		59,872		4.7836  GBP
10p ordinary		Sale		52,586		4.7732  GBP
10p ordinary		Sale		37,567		4.8027  GBP
10p ordinary		Sale		31,727		4.7790  GBP
10p ordinary		Sale		24,381		4.7850  GBP
10p ordinary		Sale		23,649		4.7804  GBP
10p ordinary		Sale		20,285		4.7935  GBP
10p ordinary		Sale		19,931		4.7944  GBP
10p ordinary		Sale		15,093		4.7798  GBP
10p ordinary		Sale		13,211		4.7794  GBP
10p ordinary		Sale		12,574		4.7780  GBP
10p ordinary		Sale		12,144		4.7837  GBP
10p ordinary		Sale		10,105		4.7812  GBP
10p ordinary		Sale		9,184		4.7852  GBP
10p ordinary		Sale		7,522		4.7834  GBP
10p ordinary		Sale		7,511		4.7902  GBP
10p ordinary		Sale		7,052		4.7703  GBP
10p ordinary		Sale		7,009		4.8016  GBP
10p ordinary		Sale		5,134		4.8082  GBP
10p ordinary		Sale		4,034		4.7643  GBP
10p ordinary		Sale		3,617		4.7571  GBP
10p ordinary		Sale		3,448		4.7765  GBP
10p ordinary		Sale		3,183		4.7857  GBP
10p ordinary		Sale		3,042		4.7973  GBP
10p ordinary		Sale		2,058		4.8005  GBP
10p ordinary		Sale		1,627		4.7904  GBP
10p ordinary		Sale		1,343		4.7801  GBP
10p ordinary		Sale		1,277		4.8080  GBP
10p ordinary		Sale		1,134		4.7940  GBP
10p ordinary		Sale		979		4.7700  GBP
10p ordinary		Sale		941		4.7647  GBP
10p ordinary		Sale		854		4.7520  GBP
10p ordinary		Sale		738		4.8091  GBP
10p ordinary		Sale		700		4.7660  GBP
10p ordinary		Sale		618		4.7980  GBP
10p ordinary		Sale		272		4.7890  GBP
10p ordinary		Sale		204		4.8010  GBP
10p ordinary		Sale		8		4.7880  GBP
10p ordinary		Sale		4		4.7730  GBP
10p ordinary		Sale		3		4.7986  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		Increasing Long		28,371	4.7816  GBP
10p ordinary		SWAP		Decreasing Short		33,494	4.7780  GBP
10p ordinary		SWAP		Decreasing Short		33,017	4.7790  GBP
10p ordinary		SWAP		Decreasing Short		3,989	4.7792  GBP
10p ordinary		SWAP		Decreasing Short		2,170	4.7796  GBP
10p ordinary		SWAP		Decreasing Short		1,343	4.7801  GBP
10p ordinary		SWAP		Decreasing Short		23,649	4.7804  GBP
10p ordinary		SWAP		Decreasing Short		11,518	4.7883  GBP
10p ordinary		SWAP		Decreasing Short		65,870	4.7886  GBP
10p ordinary		SWAP		Decreasing Short		31,675	4.7887  GBP
10p ordinary		SWAP		Decreasing Short		10,193	4.7970  GBP
10p ordinary		SWAP		Decreasing Short		618	4.7980  GBP
10p ordinary		SWAP		Decreasing Short		2,388	4.8013  GBP
10p ordinary		SWAP		Decreasing Short		5,134	4.8082  GBP
10p ordinary		SWAP		Increasing Short		8,242	4.7670  GBP
10p ordinary		SWAP		Increasing Short		306,546	4.7780  GBP
10p ordinary		SWAP		Increasing Short		13,100	4.7789  GBP
10p ordinary		SWAP		Increasing Short		1,117	4.7796  GBP
10p ordinary		SWAP		Increasing Short		90,004	4.7809  GBP
10p ordinary		SWAP		Increasing Short		35,595	4.7905  GBP
10p ordinary		SWAP		Increasing Short		161	4.7980  GBP
10p ordinary		SWAP		Increasing Short		1,660	4.7989  GBP
10p ordinary		CFD		Decreasing Short		25,052	4.7780  GBP
10p ordinary		CFD		Decreasing Short		135,538	4.7782  GBP
10p ordinary		CFD		Decreasing Short		21,114	4.7810  GBP
10p ordinary		CFD		Increasing Short		671	4.7780  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:				25 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END