Form 8.3 - Smith (DS) plc

Barclays PLC

30 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:				29 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:			24,821,454	1.79%	25,206,125	1.82%
(2)	Cash-settled derivatives:
	and/or controlled:			11,606,077	0.84%	24,009,497	1.74%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			36,427,531	2.63%	49,215,622	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		203,170		4.6811  GBP
10p ordinary		Purchase		102,816		4.6697  GBP
10p ordinary		Purchase		85,022		4.6861  GBP
10p ordinary		Purchase		83,501		4.6900  GBP
10p ordinary		Purchase		60,525		4.7246  GBP
10p ordinary		Purchase		51,802		4.7029  GBP
10p ordinary		Purchase		48,937		4.6700  GBP
10p ordinary		Purchase		38,005		4.6989  GBP
10p ordinary		Purchase		33,748		4.6986  GBP
10p ordinary		Purchase		29,981		4.6950  GBP
10p ordinary		Purchase		28,923		4.6887  GBP
10p ordinary		Purchase		17,515		4.7309  GBP
10p ordinary		Purchase		15,004		4.6694  GBP
10p ordinary		Purchase		7,543		4.7232  GBP
10p ordinary		Purchase		6,927		4.7405  GBP
10p ordinary		Purchase		5,888		4.6898  GBP
10p ordinary		Purchase		3,431		4.7383  GBP
10p ordinary		Purchase		3,078		4.7535  GBP
10p ordinary		Purchase		2,945		4.7506  GBP
10p ordinary		Purchase		2,646		4.7530  GBP
10p ordinary		Purchase		2,363		4.7339  GBP
10p ordinary		Purchase		1,721		4.6656  GBP
10p ordinary		Purchase		1,643		4.6652  GBP
10p ordinary		Purchase		1,610		4.7520  GBP
10p ordinary		Purchase		1,526		4.7441  GBP
10p ordinary		Purchase		944		4.7500  GBP
10p ordinary		Purchase		941		4.7460  GBP
10p ordinary		Purchase		810		4.7480  GBP
10p ordinary		Purchase		625		4.7400  GBP
10p ordinary		Purchase		549		4.7980  GBP
10p ordinary		Purchase		368		4.7160  GBP
10p ordinary		Purchase		334		4.6660  GBP
10p ordinary		Purchase		334		4.7320  GBP
10p ordinary		Purchase		237		4.7299  GBP
10p ordinary		Sale		578,451		4.6927  GBP
10p ordinary		Sale		273,153		4.6700  GBP
10p ordinary		Sale		250,000		4.6970  GBP
10p ordinary		Sale		94,309		4.7215  GBP
10p ordinary		Sale		83,944		4.6971  GBP
10p ordinary		Sale		43,417		4.7060  GBP
10p ordinary		Sale		26,891		4.6982  GBP
10p ordinary		Sale		21,056		4.6906  GBP
10p ordinary		Sale		17,991		4.6690  GBP
10p ordinary		Sale		14,771		4.6957  GBP
10p ordinary		Sale		10,838		4.6804  GBP
10p ordinary		Sale		9,005		4.6965  GBP
10p ordinary		Sale		8,193		4.7467  GBP
10p ordinary		Sale		7,248		4.7120  GBP
10p ordinary		Sale		6,538		4.6742  GBP
10p ordinary		Sale		3,688		4.7511  GBP
10p ordinary		Sale		3,368		4.7405  GBP
10p ordinary		Sale		3,118		4.7418  GBP
10p ordinary		Sale		2,647		4.7102  GBP
10p ordinary		Sale		2,646		4.7530  GBP
10p ordinary		Sale		1,261		4.6672  GBP
10p ordinary		Sale		1,228		4.6865  GBP
10p ordinary		Sale		1,034		4.6640  GBP
10p ordinary		Sale		897		4.7499  GBP
10p ordinary		Sale		860		4.7507  GBP
10p ordinary		Sale		836		4.7492  GBP
10p ordinary		Sale		715		4.7119  GBP
10p ordinary		Sale		687		4.6680  GBP
10p ordinary		Sale		597		4.7440  GBP
10p ordinary		Sale		549		4.7980  GBP
10p ordinary		Sale		381		4.7520  GBP
10p ordinary		Sale		334		4.6660  GBP
10p ordinary		Sale		230		4.6980  GBP
10p ordinary		Sale		166		4.7490  GBP
10p ordinary		Sale		153		4.7328  GBP
10p ordinary		Sale		43		4.7420  GBP
10p ordinary		Sale		41		4.7062  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		29,750	4.6930  GBP
10p ordinary		SWAP		Decreasing Short		17,991	4.6690  GBP
10p ordinary		SWAP		Decreasing Short		14,198	4.6700  GBP
10p ordinary		SWAP		Decreasing Short		578,451	4.6927  GBP
10p ordinary		SWAP		Decreasing Short		83,944	4.6972  GBP
10p ordinary		SWAP		Decreasing Short		23,240	4.7058  GBP
10p ordinary		SWAP		Decreasing Short		27,460	4.7077  GBP
10p ordinary		SWAP		Decreasing Short		94,309	4.7215  GBP
10p ordinary		SWAP		Decreasing Short		1,977	4.7411  GBP
10p ordinary		SWAP		Decreasing Short		166	4.7490  GBP
10p ordinary		SWAP		Decreasing Short		860	4.7507  GBP
10p ordinary		SWAP		Decreasing Short		33,889	4.7670  GBP
10p ordinary		SWAP		Decreasing Short		112,735	4.7680  GBP
10p ordinary		SWAP		Increasing Short		29,494	4.6700  GBP
10p ordinary		SWAP		Increasing Short		43,855	4.6733  GBP
10p ordinary		SWAP		Increasing Short		28,923	4.6887  GBP
10p ordinary		SWAP		Increasing Short		60,525	4.7246  GBP
10p ordinary		SWAP		Increasing Short		3,242	4.7419  GBP
10p ordinary		SWAP		Increasing Short		1,526	4.7441  GBP
10p ordinary		SWAP		Increasing Short		810	4.7480  GBP
10p ordinary		SWAP		Increasing Short		2,945	4.7506  GBP
10p ordinary		SWAP		Increasing Short		3,006	4.7517  GBP
10p ordinary		SWAP		Increasing Short		65,481	4.7606  GBP
10p ordinary		SWAP		Increasing Short		126,777	4.7611  GBP
10p ordinary		SWAP		Increasing Short		4,208	4.7680  GBP
10p ordinary		CFD		Decreasing Short		3,787	4.6700  GBP
10p ordinary		CFD		Decreasing Short		1,408	4.7492  GBP
10p ordinary		CFD		Decreasing Short		549	4.7979  GBP
10p ordinary		CFD		Increasing Short		11,776	4.6700  GBP
10p ordinary		CFD		Increasing Short		2,140	4.7005  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:				30 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END