Form 8.3 - Smith (DS) plc

Barclays PLC

28 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:				25 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:			24,645,724	1.78%	25,223,116	1.82%
(2)	Cash-settled derivatives:
	and/or controlled:			11,500,538	0.83%	24,055,203	1.74%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			36,146,262	2.61%	49,278,319	3.56%
(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		183,683		4.7560  GBP
10p ordinary		Purchase		153,840		4.7602  GBP
10p ordinary		Purchase		95,711		4.7696  GBP
10p ordinary		Purchase		39,280		4.7556  GBP
10p ordinary		Purchase		36,094		4.7718  GBP
10p ordinary		Purchase		35,153		4.7720  GBP
10p ordinary		Purchase		28,023		4.7705  GBP
10p ordinary		Purchase		26,534		4.7550  GBP
10p ordinary		Purchase		18,735		4.7588  GBP
10p ordinary		Purchase		18,210		4.7433  GBP
10p ordinary		Purchase		14,539		4.7500  GBP
10p ordinary		Purchase		8,964		4.7658  GBP
10p ordinary		Purchase		7,806		4.7768  GBP
10p ordinary		Purchase		7,379		4.7732  GBP
10p ordinary		Purchase		7,014		4.7810  GBP
10p ordinary		Purchase		6,509		4.7586  GBP
10p ordinary		Purchase		5,987		4.7799  GBP
10p ordinary		Purchase		5,910		4.7682  GBP
10p ordinary		Purchase		4,854		4.7798  GBP
10p ordinary		Purchase		4,762		4.7800  GBP
10p ordinary		Purchase		4,374		4.7624  GBP
10p ordinary		Purchase		3,265		4.7691  GBP
10p ordinary		Purchase		2,892		4.7780  GBP
10p ordinary		Purchase		2,686		4.7760  GBP
10p ordinary		Purchase		2,527		4.7740  GBP
10p ordinary		Purchase		2,217		4.7742  GBP
10p ordinary		Purchase		1,949		4.7640  GBP
10p ordinary		Purchase		1,331		4.7614  GBP
10p ordinary		Purchase		1,304		4.7700  GBP
10p ordinary		Purchase		882		4.7731  GBP
10p ordinary		Purchase		862		4.7620  GBP
10p ordinary		Purchase		844		4.7520  GBP
10p ordinary		Purchase		715		4.7863  GBP
10p ordinary		Purchase		702		4.7860  GBP
10p ordinary		Purchase		700		4.7660  GBP
10p ordinary		Purchase		662		4.7580  GBP
10p ordinary		Purchase		651		4.7540  GBP
10p ordinary		Purchase		589		4.7480  GBP
10p ordinary		Purchase		586		4.7840  GBP
10p ordinary		Purchase		577		4.7680  GBP
10p ordinary		Purchase		555		4.7678  GBP
10p ordinary		Purchase		539		4.7440  GBP
10p ordinary		Purchase		334		4.7280  GBP
10p ordinary		Purchase		276		4.7460  GBP
10p ordinary		Purchase		65		4.7495  GBP
10p ordinary		Purchase		55		4.7530  GBP
10p ordinary		Purchase		14		4.7558  GBP
10p ordinary		Purchase		4		4.7575  GBP
10p ordinary		Sale		1,545,151		4.7780  GBP
10p ordinary		Sale		138,593		4.7562  GBP
10p ordinary		Sale		96,004		4.7732  GBP
10p ordinary		Sale		67,367		4.7714  GBP
10p ordinary		Sale		37,548		4.7560  GBP
10p ordinary		Sale		35,913		4.7667  GBP
10p ordinary		Sale		31,381		4.7691  GBP
10p ordinary		Sale		14,604		4.7500  GBP
10p ordinary		Sale		14,429		4.7676  GBP
10p ordinary		Sale		10,699		4.7763  GBP
10p ordinary		Sale		9,157		4.7669  GBP
10p ordinary		Sale		8,964		4.7658  GBP
10p ordinary		Sale		8,655		4.7554  GBP
10p ordinary		Sale		8,526		4.7733  GBP
10p ordinary		Sale		8,213		4.7464  GBP
10p ordinary		Sale		7,641		4.7640  GBP
10p ordinary		Sale		7,245		4.7600  GBP
10p ordinary		Sale		6,762		4.7683  GBP
10p ordinary		Sale		6,076		4.7690  GBP
10p ordinary		Sale		5,043		4.7613  GBP
10p ordinary		Sale		4,234		4.7657  GBP
10p ordinary		Sale		3,946		4.7800  GBP
10p ordinary		Sale		3,349		4.7654  GBP
10p ordinary		Sale		3,236		4.7662  GBP
10p ordinary		Sale		2,601		4.7760  GBP
10p ordinary		Sale		2,527		4.7740  GBP
10p ordinary		Sale		2,169		4.7700  GBP
10p ordinary		Sale		1,956		4.7751  GBP
10p ordinary		Sale		1,819		4.7720  GBP
10p ordinary		Sale		1,381		4.7688  GBP
10p ordinary		Sale		1,326		4.7660  GBP
10p ordinary		Sale		1,209		4.7632  GBP
10p ordinary		Sale		1,144		4.7880  GBP
10p ordinary		Sale		1,044		4.7620  GBP
10p ordinary		Sale		666		4.7580  GBP
10p ordinary		Sale		651		4.7540  GBP
10p ordinary		Sale		632		4.7520  GBP
10p ordinary		Sale		628		4.7860  GBP
10p ordinary		Sale		586		4.7840  GBP
10p ordinary		Sale		539		4.7440  GBP
10p ordinary		Sale		460		4.7724  GBP
10p ordinary		Sale		276		4.7460  GBP
10p ordinary		Sale		55		4.7530  GBP
10p ordinary		Sale		8		4.7519  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		27,925	4.7648  GBP
10p ordinary		SWAP		Decreasing Short		8	4.7519  GBP
10p ordinary		SWAP		Decreasing Short		10,895	4.7560  GBP
10p ordinary		SWAP		Decreasing Short		1,035	4.7640  GBP
10p ordinary		SWAP		Decreasing Short		3,349	4.7654  GBP
10p ordinary		SWAP		Decreasing Short		4,234	4.7657  GBP
10p ordinary		SWAP		Decreasing Short		132,700	4.7685  USD
10p ordinary		SWAP		Decreasing Short		11,519	4.7686  GBP
10p ordinary		SWAP		Decreasing Short		31,675	4.7690  GBP
10p ordinary		SWAP		Decreasing Short		865	4.7700  GBP
10p ordinary		SWAP		Decreasing Short		1,540,310	4.7780  GBP
10p ordinary		SWAP		Increasing Short		8,264	4.7526  GBP
10p ordinary		SWAP		Increasing Short		13,534	4.7546  GBP
10p ordinary		SWAP		Increasing Short		11,009	4.7560  GBP
10p ordinary		SWAP		Increasing Short		6,509	4.7586  GBP
10p ordinary		SWAP		Increasing Short		55,668	4.7602  GBP
10p ordinary		SWAP		Increasing Short		4,374	4.7624  GBP
10p ordinary		SWAP		Increasing Short		95,711	4.7696  GBP
10p ordinary		SWAP		Increasing Short		49,430	4.7720  GBP
10p ordinary		SWAP		Increasing Short		20,650	4.7746  GBP
10p ordinary		SWAP		Increasing Short		755	4.7800  GBP
10p ordinary		CFD		Decreasing Short		9,591	4.7559  GBP
10p ordinary		CFD		Decreasing Short		4,598	4.7647  GBP
10p ordinary		CFD		Increasing Short		627	4.7559  GBP
10p ordinary		CFD		Increasing Short		148	4.7628  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:				28 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END