Form 8.3 - Smith (DS) plc

Barclays PLC

04 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:				01 Nov 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:			26,567,395	1.92%	25,001,741	1.81%
(2)	Cash-settled derivatives:
	and/or controlled:			11,920,295	0.86%	24,101,651	1.75%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			38,487,690	2.78%	49,103,392	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		1,182,220		5.3900  GBP
10p ordinary		Purchase		399,514		5.3871  GBP
10p ordinary		Purchase		200,301		5.3724  GBP
10p ordinary		Purchase		99,982		5.3897  GBP
10p ordinary		Purchase		80,099		5.3680  GBP
10p ordinary		Purchase		65,926		5.3899  GBP
10p ordinary		Purchase		45,207		5.3898  GBP
10p ordinary		Purchase		28,144		5.3716  GBP
10p ordinary		Purchase		17,299		5.3703  GBP
10p ordinary		Purchase		12,878		5.3625  GBP
10p ordinary		Purchase		9,219		5.3814  GBP
10p ordinary		Purchase		8,563		5.3730  GBP
10p ordinary		Purchase		6,647		5.3853  GBP
10p ordinary		Purchase		3,422		5.3666  GBP
10p ordinary		Purchase		2,884		5.3733  GBP
10p ordinary		Purchase		2,073		5.3676  GBP
10p ordinary		Purchase		1,896		5.3769  GBP
10p ordinary		Purchase		1,252		5.3700  GBP
10p ordinary		Purchase		1,241		5.3674  GBP
10p ordinary		Purchase		1,043		5.3750  GBP
10p ordinary		Purchase		988		5.3541  GBP
10p ordinary		Purchase		634		5.3600  GBP
10p ordinary		Purchase		351		5.3650  GBP
10p ordinary		Purchase		175		5.3950  GBP
10p ordinary		Purchase		57		5.3850  GBP
10p ordinary		Sale		296,891		5.3710  GBP
10p ordinary		Sale		132,238		5.3894  GBP
10p ordinary		Sale		117,743		5.3900  GBP
10p ordinary		Sale		60,466		5.3880  GBP
10p ordinary		Sale		51,515		5.3898  GBP
10p ordinary		Sale		37,756		5.3889  GBP
10p ordinary		Sale		37,700		5.3858  GBP
10p ordinary		Sale		34,255		5.3888  GBP
10p ordinary		Sale		34,089		5.3863  GBP
10p ordinary		Sale		16,507		5.3718  GBP
10p ordinary		Sale		16,438		5.3842  GBP
10p ordinary		Sale		12,718		5.3705  GBP
10p ordinary		Sale		8,076		5.3827  GBP
10p ordinary		Sale		6,595		5.3678  GBP
10p ordinary		Sale		5,824		5.3814  GBP
10p ordinary		Sale		5,580		5.3784  GBP
10p ordinary		Sale		4,693		5.3949  GBP
10p ordinary		Sale		4,339		5.3744  GBP
10p ordinary		Sale		2,905		5.3700  GBP
10p ordinary		Sale		2,347		5.3822  GBP
10p ordinary		Sale		1,379		5.3675  GBP
10p ordinary		Sale		1,313		5.3730  GBP
10p ordinary		Sale		725		5.3850  GBP
10p ordinary		Sale		668		5.3800  GBP
10p ordinary		Sale		647		5.3650  GBP
10p ordinary		Sale		634		5.3600  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		31,050	5.3796  GBP
10p ordinary		SWAP		Decreasing Short		296,891	5.3710  GBP
10p ordinary		SWAP		Decreasing Short		2,347	5.3822  GBP
10p ordinary		SWAP		Decreasing Short		471	5.3850  GBP
10p ordinary		SWAP		Decreasing Short		18,931	5.3852  GBP
10p ordinary		SWAP		Decreasing Short		17,342	5.3854  GBP
10p ordinary		SWAP		Decreasing Short		37,700	5.3858  GBP
10p ordinary		SWAP		Decreasing Short		60,466	5.3880  GBP
10p ordinary		SWAP		Decreasing Short		34,255	5.3888  GBP
10p ordinary		SWAP		Decreasing Short		37,756	5.3889  GBP
10p ordinary		SWAP		Decreasing Short		16,349	5.3900  GBP
10p ordinary		SWAP		Decreasing Short		3,789	5.3920  GBP
10p ordinary		SWAP		Increasing Short		80,099	5.3680  GBP
10p ordinary		SWAP		Increasing Short		20,810	5.3704  GBP
10p ordinary		SWAP		Increasing Short		31,263	5.3719  GBP
10p ordinary		SWAP		Increasing Short		200,301	5.3725  GBP
10p ordinary		SWAP		Increasing Short		1,896	5.3769  GBP
10p ordinary		SWAP		Increasing Short		3,395	5.3814  GBP
10p ordinary		SWAP		Increasing Short		186,949	5.3838  GBP
10p ordinary		SWAP		Increasing Short		106,746	5.3891  GBP
10p ordinary		SWAP		Increasing Short		1,136,220	5.3900  GBP
10p ordinary		SWAP		Increasing Short		60,000	5.4482  USD
10p ordinary		CFD		Decreasing Short		57	5.3850  GBP
10p ordinary		CFD		Decreasing Short		7,141	5.3900  GBP
10p ordinary		CFD		Increasing Short		34,748	5.3900  GBP
10p ordinary		CFD		Increasing Short		3,000	5.3956  GBP
10p ordinary		SWAP		Increasing Short		988	5.3541  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:				04 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END