Form 8.3 - Smith (DS) plc

Barclays PLC

03 December 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:				02 Dec 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:			33,226,328	2.41%	23,128,491	1.68%
(2)	Cash-settled derivatives:
	and/or controlled:			11,946,877	0.87%	32,143,553	2.33%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			45,173,205	3.27%	55,272,044	4.00%
(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		185,158		5.8227  GBP
10p ordinary		Purchase		121,061		5.8214  GBP
10p ordinary		Purchase		88,500		5.8250  GBP
10p ordinary		Purchase		81,076		5.8240  GBP
10p ordinary		Purchase		52,383		5.8201  GBP
10p ordinary		Purchase		45,419		5.8119  GBP
10p ordinary		Purchase		43,819		5.8112  GBP
10p ordinary		Purchase		36,900		5.8232  GBP
10p ordinary		Purchase		34,305		5.8171  GBP
10p ordinary		Purchase		29,046		5.8132  GBP
10p ordinary		Purchase		27,583		5.8034  GBP
10p ordinary		Purchase		21,043		5.8303  GBP
10p ordinary		Purchase		18,491		5.8066  GBP
10p ordinary		Purchase		16,572		5.7897  GBP
10p ordinary		Purchase		16,191		5.8147  GBP
10p ordinary		Purchase		13,051		5.7950  GBP
10p ordinary		Purchase		12,603		5.8012  GBP
10p ordinary		Purchase		12,020		5.8305  GBP
10p ordinary		Purchase		10,724		5.8113  GBP
10p ordinary		Purchase		8,118		5.8089  GBP
10p ordinary		Purchase		7,186		5.8000  GBP
10p ordinary		Purchase		6,786		5.8190  GBP
10p ordinary		Purchase		5,709		5.8076  GBP
10p ordinary		Purchase		5,551		5.8327  GBP
10p ordinary		Purchase		5,485		5.8152  GBP
10p ordinary		Purchase		4,617		5.7925  GBP
10p ordinary		Purchase		2,944		5.8199  GBP
10p ordinary		Purchase		1,385		5.8033  GBP
10p ordinary		Purchase		1,235		5.8150  GBP
10p ordinary		Purchase		1,130		5.8450  GBP
10p ordinary		Purchase		1,095		5.7987  GBP
10p ordinary		Purchase		985		5.8298  GBP
10p ordinary		Purchase		828		5.7908  GBP
10p ordinary		Purchase		660		5.8443  GBP
10p ordinary		Purchase		581		5.8300  GBP
10p ordinary		Purchase		488		5.8100  GBP
10p ordinary		Purchase		363		5.8400  GBP
10p ordinary		Purchase		330		5.8500  GBP
10p ordinary		Purchase		105		5.8444  GBP
10p ordinary		Sale		236,830		5.8250  GBP
10p ordinary		Sale		59,229		5.7991  GBP
10p ordinary		Sale		54,912		5.8241  GBP
10p ordinary		Sale		50,000		5.8253  GBP
10p ordinary		Sale		36,770		5.8153  GBP
10p ordinary		Sale		32,000		5.7523  GBP
10p ordinary		Sale		27,025		5.8237  GBP
10p ordinary		Sale		25,847		5.8038  GBP
10p ordinary		Sale		8,969		5.8364  GBP
10p ordinary		Sale		4,767		5.8257  GBP
10p ordinary		Sale		3,368		5.8252  GBP
10p ordinary		Sale		2,364		5.8451  GBP
10p ordinary		Sale		2,055		5.8167  GBP
10p ordinary		Sale		1,213		5.7950  GBP
10p ordinary		Sale		764		5.8450  GBP
10p ordinary		Sale		581		5.8300  GBP
10p ordinary		Sale		330		5.8500  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		32,000	5.7524  USD
10p ordinary		SWAP		Decreasing Short		59,229	5.7991  GBP
10p ordinary		SWAP		Decreasing Short		1,479	5.8119  GBP
10p ordinary		SWAP		Decreasing Short		2,055	5.8167  GBP
10p ordinary		SWAP		Decreasing Short		27,025	5.8237  GBP
10p ordinary		SWAP		Decreasing Short		24,932	5.8247  GBP
10p ordinary		SWAP		Decreasing Short		210,655	5.8250  GBP
10p ordinary		SWAP		Decreasing Short		3,368	5.8252  GBP
10p ordinary		SWAP		Decreasing Short		16,394	5.8327  USD
10p ordinary		SWAP		Increasing Short		13,974	5.8082  GBP
10p ordinary		SWAP		Increasing Short		25,896	5.8146  GBP
10p ordinary		SWAP		Increasing Short		10,481	5.8154  GBP
10p ordinary		SWAP		Increasing Short		34,305	5.8171  GBP
10p ordinary		SWAP		Increasing Short		27,298	5.8194  GBP
10p ordinary		SWAP		Increasing Short		2,944	5.8199  GBP
10p ordinary		SWAP		Increasing Short		36,900	5.8231  GBP
10p ordinary		SWAP		Increasing Short		81,076	5.8240  GBP
10p ordinary		SWAP		Increasing Short		45,925	5.8250  GBP
10p ordinary		SWAP		Increasing Short		14,655	5.8258  GBP
10p ordinary		CFD		Decreasing Short		1,371	5.7996  GBP
10p ordinary		CFD		Decreasing Short		348	5.8250  GBP
10p ordinary		CFD		Decreasing Short		330	5.8500  GBP
10p ordinary		CFD		Increasing Short		5,886	5.8130  GBP
10p ordinary		CFD		Increasing Short		80,000	5.8229  GBP
10p ordinary		CFD		Increasing Short		12,241	5.8250  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:				03 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END