Form 8.3 - Smith (DS) plc

Barclays PLC

08 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:				07 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:			23,109,102	1.67%	23,491,096	1.70%
(2)	Cash-settled derivatives:
	and/or controlled:			12,144,326	0.88%	22,177,697	1.61%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			35,253,840	2.55%	45,668,793	3.31%
(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		356,909		5.7650  GBP
10p ordinary		Purchase		273,061		5.7010  GBP
10p ordinary		Purchase		246,163		5.7051  GBP
10p ordinary		Purchase		175,216		5.6902  GBP
10p ordinary		Purchase		137,981		5.6997  GBP
10p ordinary		Purchase		65,187		5.7011  GBP
10p ordinary		Purchase		61,748		5.6895  GBP
10p ordinary		Purchase		60,458		5.7003  GBP
10p ordinary		Purchase		41,024		5.7507  GBP
10p ordinary		Purchase		38,112		5.6957  GBP
10p ordinary		Purchase		27,820		5.6994  GBP
10p ordinary		Purchase		22,685		5.6874  GBP
10p ordinary		Purchase		22,351		5.6805  GBP
10p ordinary		Purchase		21,568		5.7150  GBP
10p ordinary		Purchase		14,890		5.6886  GBP
10p ordinary		Purchase		11,216		5.7000  GBP
10p ordinary		Purchase		8,569		5.6746  GBP
10p ordinary		Purchase		7,613		5.6880  GBP
10p ordinary		Purchase		5,075		5.7025  GBP
10p ordinary		Purchase		5,048		5.6678  GBP
10p ordinary		Purchase		4,576		5.6919  GBP
10p ordinary		Purchase		3,837		5.7081  GBP
10p ordinary		Purchase		1,847		5.6813  GBP
10p ordinary		Purchase		1,760		5.6857  GBP
10p ordinary		Purchase		1,700		5.7121  GBP
10p ordinary		Purchase		1,119		5.6725  GBP
10p ordinary		Purchase		1,114		5.6812  GBP
10p ordinary		Purchase		688		5.6550  GBP
10p ordinary		Purchase		513		5.6980  GBP
10p ordinary		Purchase		310		5.6875  GBP
10p ordinary		Purchase		279		5.6950  GBP
10p ordinary		Purchase		240		5.7144  GBP
10p ordinary		Purchase		233		5.6900  GBP
10p ordinary		Purchase		221		5.7200  GBP
10p ordinary		Purchase		87		5.7106  GBP
10p ordinary		Purchase		71		5.7215  GBP
10p ordinary		Purchase		1		5.6700  GBP
10p ordinary		Purchase		1		5.6800  GBP
10p ordinary		Sale		644,959		5.7000  GBP
10p ordinary		Sale		446,443		5.6999  GBP
10p ordinary		Sale		350,000		5.6885  GBP
10p ordinary		Sale		265,376		5.7010  GBP
10p ordinary		Sale		150,000		5.6881  GBP
10p ordinary		Sale		78,699		5.6887  GBP
10p ordinary		Sale		57,677		5.6985  GBP
10p ordinary		Sale		33,763		5.7001  GBP
10p ordinary		Sale		26,260		5.6954  GBP
10p ordinary		Sale		21,251		5.6966  GBP
10p ordinary		Sale		14,890		5.6886  GBP
10p ordinary		Sale		14,462		5.7135  GBP
10p ordinary		Sale		13,359		5.7118  GBP
10p ordinary		Sale		13,100		5.6910  GBP
10p ordinary		Sale		7,267		5.6879  GBP
10p ordinary		Sale		7,207		5.6930  GBP
10p ordinary		Sale		7,139		5.6746  GBP
10p ordinary		Sale		6,603		5.6991  GBP
10p ordinary		Sale		6,119		5.6871  GBP
10p ordinary		Sale		5,153		5.6761  GBP
10p ordinary		Sale		5,048		5.6678  GBP
10p ordinary		Sale		4,933		5.6791  GBP
10p ordinary		Sale		4,600		5.6896  GBP
10p ordinary		Sale		4,504		5.7028  GBP
10p ordinary		Sale		3,820		5.7073  GBP
10p ordinary		Sale		3,650		5.7015  GBP
10p ordinary		Sale		3,189		5.7002  GBP
10p ordinary		Sale		2,987		5.6900  GBP
10p ordinary		Sale		2,816		5.6950  GBP
10p ordinary		Sale		1,847		5.6813  GBP
10p ordinary		Sale		1,636		5.6856  GBP
10p ordinary		Sale		1,532		5.6895  GBP
10p ordinary		Sale		1,430		5.6750  GBP
10p ordinary		Sale		1,371		5.7121  GBP
10p ordinary		Sale		1,250		5.6790  GBP
10p ordinary		Sale		1,014		5.6709  GBP
10p ordinary		Sale		907		5.6850  GBP
10p ordinary		Sale		881		5.6700  GBP
10p ordinary		Sale		688		5.6550  GBP
10p ordinary		Sale		421		5.6475  GBP
10p ordinary		Sale		192		5.7155  GBP
10p ordinary		Sale		1		5.6800  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		27,440	5.6937  GBP
10p ordinary		SWAP		Increasing Short		41,024	5.7505  USD
10p ordinary		SWAP		Decreasing Short		150,000	5.6881  GBP
10p ordinary		SWAP		Decreasing Short		350,000	5.6885  GBP
10p ordinary		SWAP		Decreasing Short		4,600	5.6896  GBP
10p ordinary		SWAP		Decreasing Short		7,207	5.6930  GBP
10p ordinary		SWAP		Decreasing Short		80,403	5.6963  GBP
10p ordinary		SWAP		Decreasing Short		6,603	5.6991  GBP
10p ordinary		SWAP		Decreasing Short		752,806	5.7000  GBP
10p ordinary		SWAP		Decreasing Short		33,763	5.7001  GBP
10p ordinary		SWAP		Decreasing Short		3,650	5.7015  GBP
10p ordinary		SWAP		Decreasing Short		4,504	5.7028  GBP
10p ordinary		SWAP		Decreasing Short		13,359	5.7118  GBP
10p ordinary		SWAP		Decreasing Short		14,462	5.7135  GBP
10p ordinary		SWAP		Decreasing Short		37	5.8800  GBP
10p ordinary		SWAP		Increasing Short		21,189	5.6872  GBP
10p ordinary		SWAP		Increasing Short		61,748	5.6896  GBP
10p ordinary		SWAP		Increasing Short		166,684	5.6902  GBP
10p ordinary		SWAP		Increasing Short		9,792	5.6934  GBP
10p ordinary		SWAP		Increasing Short		15,375	5.6984  GBP
10p ordinary		SWAP		Increasing Short		98,147	5.7000  GBP
10p ordinary		SWAP		Increasing Short		119,299	5.7002  GBP
10p ordinary		SWAP		Increasing Short		60,458	5.7003  GBP
10p ordinary		SWAP		Increasing Short		65,187	5.7011  GBP
10p ordinary		SWAP		Increasing Short		73,633	5.7048  GBP
10p ordinary		SWAP		Increasing Short		29,610	5.7053  GBP
10p ordinary		SWAP		Increasing Short		3,837	5.7081  GBP
10p ordinary		SWAP		Increasing Short		356,909	5.7650  GBP
10p ordinary		CFD		Decreasing Short		86,025	5.6895  GBP
10p ordinary		CFD		Decreasing Short		2,337	5.6946  GBP
10p ordinary		CFD		Decreasing Short		265,376	5.7010  GBP
10p ordinary		CFD		Decreasing Short		1,353	5.7027  GBP
10p ordinary		CFD		Increasing Short		50,000	5.7154  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:				08 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END