Form 8.3 - Smith (DS) plc

Barclays PLC

11 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:				10 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:			35,940,179	2.60%	20,317,918	1.47%
(2)	Cash-settled derivatives:
	and/or controlled:			12,398,967	0.90%	35,018,648	2.54%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			48,339,146	3.50%	55,336,566	4.01%
(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		482,960		5.4735  GBP
10p ordinary		Purchase		225,152		5.4700  GBP
10p ordinary		Purchase		122,159		5.4708  GBP
10p ordinary		Purchase		117,078		5.4577  GBP
10p ordinary		Purchase		111,334		5.4350  GBP
10p ordinary		Purchase		68,641		5.4633  GBP
10p ordinary		Purchase		55,667		5.4450  GBP
10p ordinary		Purchase		45,024		5.4599  GBP
10p ordinary		Purchase		41,140		5.4811  GBP
10p ordinary		Purchase		32,067		5.4699  GBP
10p ordinary		Purchase		21,365		5.4696  GBP
10p ordinary		Purchase		16,744		5.4610  GBP
10p ordinary		Purchase		12,942		5.4591  GBP
10p ordinary		Purchase		12,111		5.4714  GBP
10p ordinary		Purchase		6,818		5.4790  GBP
10p ordinary		Purchase		6,000		5.4777  GBP
10p ordinary		Purchase		5,143		5.4502  GBP
10p ordinary		Purchase		5,068		5.4742  GBP
10p ordinary		Purchase		4,644		5.4759  GBP
10p ordinary		Purchase		3,078		5.5058  GBP
10p ordinary		Purchase		2,846		5.4588  GBP
10p ordinary		Purchase		2,756		5.5031  GBP
10p ordinary		Purchase		1,917		5.4817  GBP
10p ordinary		Purchase		1,828		5.4666  GBP
10p ordinary		Purchase		1,664		5.5000  GBP
10p ordinary		Purchase		1,651		5.5050  GBP
10p ordinary		Purchase		1,520		5.4805  GBP
10p ordinary		Purchase		1,457		5.4600  GBP
10p ordinary		Purchase		1,330		5.4693  GBP
10p ordinary		Purchase		1,280		5.4875  GBP
10p ordinary		Purchase		1,253		5.4724  GBP
10p ordinary		Purchase		1,024		5.4825  GBP
10p ordinary		Purchase		852		5.5250  GBP
10p ordinary		Purchase		687		5.4550  GBP
10p ordinary		Purchase		597		5.4525  GBP
10p ordinary		Purchase		534		5.4750  GBP
10p ordinary		Purchase		530		5.4508  GBP
10p ordinary		Purchase		455		5.4517  GBP
10p ordinary		Purchase		14		5.4441  GBP
10p ordinary		Purchase		4		5.4850  GBP
10p ordinary		Sale		251,165		5.4703  GBP
10p ordinary		Sale		205,409		5.4700  GBP
10p ordinary		Sale		63,641		5.4880  GBP
10p ordinary		Sale		34,700		5.4721  GBP
10p ordinary		Sale		27,859		5.4828  GBP
10p ordinary		Sale		18,373		5.4648  GBP
10p ordinary		Sale		17,227		5.4699  GBP
10p ordinary		Sale		15,096		5.4762  GBP
10p ordinary		Sale		11,557		5.4565  GBP
10p ordinary		Sale		9,707		5.4895  GBP
10p ordinary		Sale		7,955		5.4776  GBP
10p ordinary		Sale		7,384		5.4604  GBP
10p ordinary		Sale		6,750		5.4752  GBP
10p ordinary		Sale		5,548		5.4659  GBP
10p ordinary		Sale		2,488		5.4575  GBP
10p ordinary		Sale		2,401		5.4549  GBP
10p ordinary		Sale		1,651		5.5050  GBP
10p ordinary		Sale		933		5.5000  GBP
10p ordinary		Sale		696		5.4799  GBP
10p ordinary		Sale		652		5.4875  GBP
10p ordinary		Sale		635		5.4475  GBP
10p ordinary		Sale		591		5.5300  GBP
10p ordinary		Sale		560		5.4825  GBP
10p ordinary		Sale		17		5.4850  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 Short		66,502	5.4708  GBP
10p ordinary		SWAP		Decreasing Short		4,594	5.4700  GBP
10p ordinary		SWAP		Decreasing Short		54,322	5.4718  GBP
10p ordinary		SWAP		Decreasing Short		34,700	5.4722  GBP
10p ordinary		SWAP		Decreasing Short		15,096	5.4762  GBP
10p ordinary		SWAP		Decreasing Short		7,955	5.4776  GBP
10p ordinary		SWAP		Decreasing Short		696	5.4799  GBP
10p ordinary		SWAP		Decreasing Short		27,859	5.4828  GBP
10p ordinary		SWAP		Decreasing Short		63,641	5.4880  GBP
10p ordinary		SWAP		Decreasing Short		9,707	5.4895  GBP
10p ordinary		SWAP		Decreasing Short		591	5.5300  GBP
10p ordinary		SWAP		Increasing Short		14	5.4441  GBP
10p ordinary		SWAP		Increasing Short		3,486	5.4514  GBP
10p ordinary		SWAP		Increasing Short		597	5.4525  GBP
10p ordinary		SWAP		Increasing Short		117,078	5.4577  GBP
10p ordinary		SWAP		Increasing Short		9,456	5.4620  GBP
10p ordinary		SWAP		Increasing Short		1,828	5.4666  GBP
10p ordinary		SWAP		Increasing Short		127,066	5.4682  GBP
10p ordinary		SWAP		Increasing Short		350,959	5.4700  GBP
10p ordinary		SWAP		Increasing Short		18,702	5.4701  GBP
10p ordinary		SWAP		Increasing Short		96,011	5.4724  GBP
10p ordinary		SWAP		Increasing Short		36,707	5.4732  GBP
10p ordinary		SWAP		Increasing Short		36,522	5.4738  GBP
10p ordinary		SWAP		Increasing Short		36,771	5.4809  GBP
10p ordinary		SWAP		Increasing Short		852	5.5250  GBP
10p ordinary		CFD		Decreasing Short		197,614	5.4700  GBP
10p ordinary		CFD		Increasing Short		771	5.4700  GBP
10p ordinary		CFD		Increasing Short		77,062	5.4871  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:				11 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END