Form 8.3 - Smith (DS) plc

Barclays PLC

01 November 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:				31 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:			25,144,274	1.82%	24,916,594	1.80%
(2)	Cash-settled derivatives:
	and/or controlled:			11,820,184	0.86%	22,699,670	1.64%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			36,964,458	2.68%	47,616,264	3.44%
(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		494,198		5.2907  GBP
10p ordinary		Purchase		481,611		4.7980  GBP
10p ordinary		Purchase		250,311		5.4508  GBP
10p ordinary		Purchase		231,480		5.3609  GBP
10p ordinary		Purchase		150,505		4.8408  GBP
10p ordinary		Purchase		128,462		5.4550  GBP
10p ordinary		Purchase		111,334		5.4300  GBP
10p ordinary		Purchase		97,518		5.1579  GBP
10p ordinary		Purchase		51,754		5.4065  GBP
10p ordinary		Purchase		50,000		4.7663  GBP
10p ordinary		Purchase		48,033		5.4249  GBP
10p ordinary		Purchase		39,165		5.1367  GBP
10p ordinary		Purchase		28,790		5.1050  GBP
10p ordinary		Purchase		24,647		4.8480  GBP
10p ordinary		Purchase		16,030		5.0872  GBP
10p ordinary		Purchase		15,542		4.9983  GBP
10p ordinary		Purchase		9,551		4.9276  GBP
10p ordinary		Purchase		9,005		4.8550  GBP
10p ordinary		Purchase		6,399		4.7976  GBP
10p ordinary		Purchase		5,000		5.0400  GBP
10p ordinary		Purchase		4,967		5.0038  GBP
10p ordinary		Purchase		2,790		4.9323  GBP
10p ordinary		Purchase		2,566		5.4758  GBP
10p ordinary		Purchase		2,144		4.9724  GBP
10p ordinary		Purchase		1,421		4.8883  GBP
10p ordinary		Purchase		1,329		4.8600  GBP
10p ordinary		Purchase		1,320		5.2729  GBP
10p ordinary		Purchase		938		5.4000  GBP
10p ordinary		Purchase		935		4.7560  GBP
10p ordinary		Purchase		766		5.4445  GBP
10p ordinary		Purchase		740		4.7962  GBP
10p ordinary		Purchase		665		5.3675  GBP
10p ordinary		Purchase		650		5.2250  GBP
10p ordinary		Purchase		558		4.7340  GBP
10p ordinary		Purchase		536		4.9120  GBP
10p ordinary		Purchase		500		5.4100  GBP
10p ordinary		Purchase		490		5.4777  GBP
10p ordinary		Purchase		455		4.9040  GBP
10p ordinary		Purchase		449		5.4907  GBP
10p ordinary		Purchase		363		4.7480  GBP
10p ordinary		Purchase		319		4.8520  GBP
10p ordinary		Purchase		268		4.7520  GBP
10p ordinary		Purchase		213		4.7280  GBP
10p ordinary		Purchase		202		4.9440  GBP
10p ordinary		Purchase		166		5.4125  GBP
10p ordinary		Purchase		67		5.4596  GBP
10p ordinary		Purchase		23		4.9002  GBP
10p ordinary		Purchase		12		5.4150  GBP
10p ordinary		Sale		527,159		5.3502  GBP
10p ordinary		Sale		480,320		5.1066  GBP
10p ordinary		Sale		444,523		5.4497  GBP
10p ordinary		Sale		250,311		5.4508  GBP
10p ordinary		Sale		205,215		5.1929  GBP
10p ordinary		Sale		195,432		5.2907  GBP
10p ordinary		Sale		171,789		5.3188  GBP
10p ordinary		Sale		131,070		5.0853  GBP
10p ordinary		Sale		85,645		4.8157  GBP
10p ordinary		Sale		85,452		5.4552  GBP
10p ordinary		Sale		68,713		4.8485  GBP
10p ordinary		Sale		49,820		5.3638  GBP
10p ordinary		Sale		41,748		5.1714  GBP
10p ordinary		Sale		36,647		5.0023  GBP
10p ordinary		Sale		27,915		5.3862  GBP
10p ordinary		Sale		27,719		5.2584  GBP
10p ordinary		Sale		24,065		5.4369  GBP
10p ordinary		Sale		19,993		5.0643  GBP
10p ordinary		Sale		19,777		5.4539  GBP
10p ordinary		Sale		18,706		5.4250  GBP
10p ordinary		Sale		18,621		5.4550  GBP
10p ordinary		Sale		14,731		5.4439  GBP
10p ordinary		Sale		11,465		5.2489  GBP
10p ordinary		Sale		10,397		5.1938  GBP
10p ordinary		Sale		9,690		5.2477  GBP
10p ordinary		Sale		9,483		5.2574  GBP
10p ordinary		Sale		8,990		5.4297  GBP
10p ordinary		Sale		7,406		5.3054  GBP
10p ordinary		Sale		7,387		5.4288  GBP
10p ordinary		Sale		7,095		5.4446  GBP
10p ordinary		Sale		7,034		5.4321  GBP
10p ordinary		Sale		6,435		4.7741  GBP
10p ordinary		Sale		5,177		5.1393  GBP
10p ordinary		Sale		5,064		5.4594  GBP
10p ordinary		Sale		5,063		4.8337  GBP
10p ordinary		Sale		5,000		5.0400  GBP
10p ordinary		Sale		4,461		5.1330  GBP
10p ordinary		Sale		4,446		5.2340  GBP
10p ordinary		Sale		4,383		5.4403  GBP
10p ordinary		Sale		4,189		4.7442  GBP
10p ordinary		Sale		3,949		5.3520  GBP
10p ordinary		Sale		3,885		5.4323  GBP
10p ordinary		Sale		3,550		5.3326  GBP
10p ordinary		Sale		2,128		5.4141  GBP
10p ordinary		Sale		1,823		5.4328  GBP
10p ordinary		Sale		1,642		4.7404  GBP
10p ordinary		Sale		1,240		5.4415  GBP
10p ordinary		Sale		1,210		5.0821  GBP
10p ordinary		Sale		988		4.8834  GBP
10p ordinary		Sale		935		4.7560  GBP
10p ordinary		Sale		717		5.4175  GBP
10p ordinary		Sale		676		5.4050  GBP
10p ordinary		Sale		665		5.3680  GBP
10p ordinary		Sale		650		5.2255  GBP
10p ordinary		Sale		630		4.7460  GBP
10p ordinary		Sale		558		4.7340  GBP
10p ordinary		Sale		536		4.9120  GBP
10p ordinary		Sale		501		5.4100  GBP
10p ordinary		Sale		500		5.4105  GBP
10p ordinary		Sale		455		4.9040  GBP
10p ordinary		Sale		363		4.7480  GBP
10p ordinary		Sale		319		4.8520  GBP
10p ordinary		Sale		287		5.4650  GBP
10p ordinary		Sale		268		4.7520  GBP
10p ordinary		Sale		213		4.7280  GBP
10p ordinary		Sale		202		4.9440  GBP
10p ordinary		Sale		166		5.4130  GBP
10p ordinary		Sale		75		4.7838  GBP
10p ordinary		Sale		67		5.4601  GBP
10p ordinary		Sale		12		5.4155  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		31,422	5.3051  GBP
10p ordinary		SWAP		Decreasing Short		988	4.8834  GBP
10p ordinary		SWAP		Decreasing Short		480,320	5.1066  GBP
10p ordinary		SWAP		Decreasing Short		205,215	5.1930  GBP
10p ordinary		SWAP		Decreasing Short		195,432	5.2907  GBP
10p ordinary		SWAP		Decreasing Short		75,374	5.3088  GBP
10p ordinary		SWAP		Decreasing Short		116,906	5.3127  GBP
10p ordinary		SWAP		Decreasing Short		2,918	5.3700  GBP
10p ordinary		SWAP		Decreasing Short		444,523	5.4497  GBP
10p ordinary		SWAP		Decreasing Short		125,190	5.4506  GBP
10p ordinary		SWAP		Decreasing Short		19,777	5.4539  GBP
10p ordinary		SWAP		Decreasing Short		2,165	5.4550  GBP
10p ordinary		SWAP		Increasing Short		50,000	4.7663  USD
10p ordinary		SWAP		Increasing Short		2,790	4.9323  GBP
10p ordinary		SWAP		Increasing Short		97,518	5.1579  GBP
10p ordinary		SWAP		Increasing Short		938	5.4000  GBP
10p ordinary		SWAP		Increasing Short		125,544	5.4546  GBP
10p ordinary		SWAP		Increasing Short		61,007	5.4550  GBP
10p ordinary		SWAP		Increasing Short		100,915	5.4560  USD
10p ordinary		SWAP		Increasing Short		1,705	5.4662  GBP
10p ordinary		CFD		Decreasing Short		55,681	5.1965  GBP
10p ordinary		CFD		Decreasing Short		100,000	5.4351  GBP
10p ordinary		CFD		Decreasing Short		250,311	5.4508  GBP
10p ordinary		CFD		Decreasing Short		694	5.4550  GBP
10p ordinary		CFD		Increasing Short		197,790	5.0675  GBP
10p ordinary		CFD		Increasing Short		694	5.4550  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:				01 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END