Form 8.3 - Smith (DS) plc

Barclays PLC

06 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:				05 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:			24,077,321	1.74%	25,312,757	1.83%
(2)	Cash-settled derivatives:
	and/or controlled:			12,192,872	0.88%	23,191,531	1.68%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			36,270,193	2.62%	48,504,288	3.51%
(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		277,746		5.5750  GBP
10p ordinary		Purchase		96,268		5.5653  GBP
10p ordinary		Purchase		90,496		5.5500  GBP
10p ordinary		Purchase		77,556		5.5900  GBP
10p ordinary		Purchase		64,088		5.5595  GBP
10p ordinary		Purchase		38,000		5.6025  GBP
10p ordinary		Purchase		16,508		5.5428  GBP
10p ordinary		Purchase		16,257		5.5950  GBP
10p ordinary		Purchase		15,060		5.5669  GBP
10p ordinary		Purchase		12,731		5.5636  GBP
10p ordinary		Purchase		6,977		5.5369  GBP
10p ordinary		Purchase		6,770		5.4968  GBP
10p ordinary		Purchase		5,540		5.5791  GBP
10p ordinary		Purchase		4,136		5.5840  GBP
10p ordinary		Purchase		1,800		5.4850  GBP
10p ordinary		Purchase		1,366		5.4815  GBP
10p ordinary		Purchase		1,248		5.5347  GBP
10p ordinary		Purchase		1,116		5.4615  GBP
10p ordinary		Purchase		890		5.4844  GBP
10p ordinary		Purchase		590		5.4894  GBP
10p ordinary		Sale		1,524,800		5.5250  GBP
10p ordinary		Sale		405,901		5.5744  GBP
10p ordinary		Sale		222,520		5.5799  GBP
10p ordinary		Sale		219,035		5.5750  GBP
10p ordinary		Sale		118,031		5.5787  GBP
10p ordinary		Sale		105,886		5.5632  GBP
10p ordinary		Sale		77,556		5.5900  GBP
10p ordinary		Sale		60,002		5.5760  GBP
10p ordinary		Sale		44,378		5.5623  GBP
10p ordinary		Sale		36,182		5.5755  GBP
10p ordinary		Sale		25,775		5.5925  GBP
10p ordinary		Sale		19,397		5.5662  GBP
10p ordinary		Sale		15,628		5.5950  GBP
10p ordinary		Sale		11,881		5.5803  GBP
10p ordinary		Sale		10,415		5.5739  GBP
10p ordinary		Sale		10,406		5.5099  GBP
10p ordinary		Sale		10,377		5.5450  GBP
10p ordinary		Sale		8,898		5.5596  GBP
10p ordinary		Sale		7,768		5.5673  GBP
10p ordinary		Sale		6,977		5.5370  GBP
10p ordinary		Sale		6,284		5.5062  GBP
10p ordinary		Sale		6,199		5.5501  GBP
10p ordinary		Sale		4,912		5.5869  GBP
10p ordinary		Sale		4,351		5.5286  GBP
10p ordinary		Sale		2,747		5.5379  GBP
10p ordinary		Sale		2,615		5.5800  GBP
10p ordinary		Sale		2,391		5.5825  GBP
10p ordinary		Sale		1,532		5.5150  GBP
10p ordinary		Sale		1,215		5.4921  GBP
10p ordinary		Sale		1,213		5.5885  GBP
10p ordinary		Sale		1,075		5.5824  GBP
10p ordinary		Sale		890		5.4850  GBP
10p ordinary		Sale		673		5.4826  GBP
10p ordinary		Sale		590		5.4900  GBP
10p ordinary		Sale		122		5.5199  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		28,789	5.5517  GBP
10p ordinary		SWAP		Opening Short		1,000,000	4.7436  USD
10p ordinary		SWAP		Increasing Short		500,000	4.7683  USD
10p ordinary		SWAP		Decreasing Short		1,215	5.4921  GBP
10p ordinary		SWAP		Decreasing Short		10,406	5.5099  GBP
10p ordinary		SWAP		Decreasing Short		122	5.5199  GBP
10p ordinary		SWAP		Decreasing Short		1,519,364	5.5250  GBP
10p ordinary		SWAP		Decreasing Short		39,700	5.5404  GBP
10p ordinary		SWAP		Decreasing Short		10,415	5.5739  GBP
10p ordinary		SWAP		Decreasing Short		38,969	5.5747  GBP
10p ordinary		SWAP		Decreasing Short		125,596	5.5750  GBP
10p ordinary		SWAP		Decreasing Short		322,233	5.5767  GBP
10p ordinary		SWAP		Decreasing Short		29,185	5.5770  GBP
10p ordinary		SWAP		Decreasing Short		13,078	5.5777  GBP
10p ordinary		SWAP		Decreasing Short		118,031	5.5787  GBP
10p ordinary		SWAP		Decreasing Short		222,520	5.5799  GBP
10p ordinary		SWAP		Decreasing Short		34,239	5.5860  GBP
10p ordinary		SWAP		Increasing Short		1,366	5.4815  GBP
10p ordinary		SWAP		Increasing Short		11,624	5.4884  GBP
10p ordinary		SWAP		Increasing Short		750	5.4900  GBP
10p ordinary		SWAP		Increasing Short		6,770	5.4968  GBP
10p ordinary		SWAP		Increasing Short		90,496	5.5500  GBP
10p ordinary		SWAP		Increasing Short		2,540	5.5534  GBP
10p ordinary		SWAP		Increasing Short		11,025	5.5597  GBP
10p ordinary		SWAP		Increasing Short		78,642	5.5750  GBP
10p ordinary		SWAP		Increasing Short		173,728	5.5752  GBP
10p ordinary		SWAP		Increasing Short		2,163	5.5950  GBP
10p ordinary		SWAP		Increasing Short		38,000	5.6025  USD
10p ordinary		CFD		Decreasing Short		3,095	5.4750  GBP
10p ordinary		CFD		Decreasing Short		9,134	5.4792  GBP
10p ordinary		CFD		Decreasing Short		589	5.5386  GBP
10p ordinary		CFD		Decreasing Short		68,523	5.5750  GBP
10p ordinary		CFD		Increasing Short		3,095	5.4750  GBP
10p ordinary		CFD		Increasing Short		7,127	5.5750  GBP
10p ordinary		SWAP		Increasing Short		15,060	5.5670  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:				06 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END