Form 8.3 - Smith (DS) plc

Barclays PLC

07 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:				06 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:			23,975,861	1.73%	23,913,990	1.73%
(2)	Cash-settled derivatives:
	and/or controlled:			12,560,662	0.91%	23,225,066	1.68%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			36,536,523	2.64%	47,139,056	3.41%
(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		1,743,998		5.6001  GBP
10p ordinary		Purchase		576,524		5.7379  GBP
10p ordinary		Purchase		363,064		5.7386  GBP
10p ordinary		Purchase		354,303		5.7690  GBP
10p ordinary		Purchase		213,000		5.7643  GBP
10p ordinary		Purchase		132,489		5.5750  GBP
10p ordinary		Purchase		117,163		5.7650  GBP
10p ordinary		Purchase		71,681		5.7646  GBP
10p ordinary		Purchase		70,565		5.7319  GBP
10p ordinary		Purchase		55,967		5.7095  GBP
10p ordinary		Purchase		36,549		5.7516  GBP
10p ordinary		Purchase		33,244		5.7366  GBP
10p ordinary		Purchase		33,140		5.7630  GBP
10p ordinary		Purchase		28,429		5.7687  GBP
10p ordinary		Purchase		19,995		5.7540  GBP
10p ordinary		Purchase		16,499		5.7722  GBP
10p ordinary		Purchase		16,071		5.7710  GBP
10p ordinary		Purchase		9,305		5.7700  GBP
10p ordinary		Purchase		9,242		5.7491  GBP
10p ordinary		Purchase		9,206		5.7660  GBP
10p ordinary		Purchase		8,170		5.7610  GBP
10p ordinary		Purchase		4,409		5.7587  GBP
10p ordinary		Purchase		4,096		5.7631  GBP
10p ordinary		Purchase		3,496		5.7470  GBP
10p ordinary		Purchase		3,299		5.7499  GBP
10p ordinary		Purchase		3,145		5.7657  GBP
10p ordinary		Purchase		2,565		5.7496  GBP
10p ordinary		Purchase		2,555		5.7768  GBP
10p ordinary		Purchase		2,499		5.7723  GBP
10p ordinary		Purchase		2,259		5.7504  GBP
10p ordinary		Purchase		2,157		5.7186  GBP
10p ordinary		Purchase		1,769		5.7638  GBP
10p ordinary		Purchase		1,555		5.7618  GBP
10p ordinary		Purchase		1,283		5.7181  GBP
10p ordinary		Purchase		1,183		5.7250  GBP
10p ordinary		Purchase		800		5.6700  GBP
10p ordinary		Purchase		655		5.7628  GBP
10p ordinary		Purchase		618		5.7725  GBP
10p ordinary		Purchase		564		5.7550  GBP
10p ordinary		Purchase		512		5.8050  GBP
10p ordinary		Purchase		115		5.7494  GBP
10p ordinary		Sale		666,114		5.7392  GBP
10p ordinary		Sale		445,199		5.7702  GBP
10p ordinary		Sale		302,697		5.7686  GBP
10p ordinary		Sale		300,000		5.7685  GBP
10p ordinary		Sale		268,462		5.7650  GBP
10p ordinary		Sale		172,962		5.7733  GBP
10p ordinary		Sale		111,335		5.7100  GBP
10p ordinary		Sale		67,326		5.7677  GBP
10p ordinary		Sale		57,408		5.7889  GBP
10p ordinary		Sale		45,287		5.7691  GBP
10p ordinary		Sale		33,140		5.7630  GBP
10p ordinary		Sale		23,221		5.7655  GBP
10p ordinary		Sale		16,875		5.7642  GBP
10p ordinary		Sale		13,018		5.7638  GBP
10p ordinary		Sale		11,115		5.7690  GBP
10p ordinary		Sale		9,850		5.7793  GBP
10p ordinary		Sale		9,458		5.7663  GBP
10p ordinary		Sale		9,206		5.7660  GBP
10p ordinary		Sale		9,024		5.7643  GBP
10p ordinary		Sale		8,759		5.7616  GBP
10p ordinary		Sale		8,284		5.7703  GBP
10p ordinary		Sale		7,973		5.7713  GBP
10p ordinary		Sale		7,169		5.7742  GBP
10p ordinary		Sale		7,030		5.7516  GBP
10p ordinary		Sale		5,831		5.7618  GBP
10p ordinary		Sale		5,747		5.7817  GBP
10p ordinary		Sale		5,154		5.7363  GBP
10p ordinary		Sale		4,956		5.7754  GBP
10p ordinary		Sale		4,600		5.7645  GBP
10p ordinary		Sale		3,849		5.7723  GBP
10p ordinary		Sale		3,789		5.7708  GBP
10p ordinary		Sale		3,376		5.7431  GBP
10p ordinary		Sale		3,263		5.7641  GBP
10p ordinary		Sale		2,004		5.7773  GBP
10p ordinary		Sale		1,388		5.7925  GBP
10p ordinary		Sale		1,183		5.7250  GBP
10p ordinary		Sale		1,021		5.7673  GBP
10p ordinary		Sale		723		5.7700  GBP
10p ordinary		Sale		676		5.7652  GBP
10p ordinary		Sale		564		5.7550  GBP
10p ordinary		Sale		551		5.7750  GBP
10p ordinary		Sale		515		5.7600  GBP
10p ordinary		Sale		512		5.8050  GBP
10p ordinary		Sale		110		5.7694  GBP
10p ordinary		Sale		107		5.7575  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		Decreasing Short		27,689	5.7668  GBP
10p ordinary		SWAP		Decreasing Short		7,030	5.7516  GBP
10p ordinary		SWAP		Decreasing Short		101,189	5.7635  GBP
10p ordinary		SWAP		Decreasing Short		13,018	5.7638  GBP
10p ordinary		SWAP		Decreasing Short		4,600	5.7645  GBP
10p ordinary		SWAP		Decreasing Short		24,038	5.7649  GBP
10p ordinary		SWAP		Decreasing Short		107,607	5.7650  GBP
10p ordinary		SWAP		Decreasing Short		128,405	5.7652  GBP
10p ordinary		SWAP		Decreasing Short		28,035	5.7679  GBP
10p ordinary		SWAP		Decreasing Short		300,000	5.7685  GBP
10p ordinary		SWAP		Decreasing Short		36,516	5.7695  GBP
10p ordinary		SWAP		Decreasing Short		445,199	5.7702  GBP
10p ordinary		SWAP		Decreasing Short		7,973	5.7713  GBP
10p ordinary		SWAP		Decreasing Short		172,962	5.7733  GBP
10p ordinary		SWAP		Decreasing Short		5,747	5.7817  GBP
10p ordinary		SWAP		Decreasing Short		57,408	5.7889  GBP
10p ordinary		SWAP		Increasing Short		132,489	5.5750  GBP
10p ordinary		SWAP		Increasing Short		1,283	5.7181  GBP
10p ordinary		SWAP		Increasing Short		576,524	5.7379  GBP
10p ordinary		SWAP		Increasing Short		655	5.7628  GBP
10p ordinary		SWAP		Increasing Short		476	5.7648  GBP
10p ordinary		SWAP		Increasing Short		36,266	5.7650  GBP
10p ordinary		SWAP		Increasing Short		45,640	5.7656  GBP
10p ordinary		SWAP		Increasing Short		3,145	5.7657  GBP
10p ordinary		SWAP		Increasing Short		93,752	5.7700  GBP
10p ordinary		SWAP		Increasing Short		34,555	5.7714  GBP
10p ordinary		SWAP		Increasing Short		16,499	5.7722  GBP
10p ordinary		SWAP		Increasing Short		618	5.7725  GBP
10p ordinary		CFD		Decreasing Short		3,025	5.7472  GBP
10p ordinary		CFD		Decreasing Short		23,277	5.7530  GBP
10p ordinary		CFD		Decreasing Short		95	5.7650  GBP
10p ordinary		CFD		Decreasing Short		50,000	5.7683  GBP
10p ordinary		CFD		Decreasing Short		50,000	5.7895  GBP
10p ordinary		CFD		Increasing Short		33,140	5.7630  GBP
10p ordinary		CFD		Increasing Short		95	5.7650  GBP
10p ordinary		CFD		Increasing Short		284,421	5.7707  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:				07 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END