Form 8.3 - Smith (DS) plc

Barclays PLC

31 January 2025

 

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:				30 Jan 2025
(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:			38,210,330	2.77%	13,253,204	0.96%
(2)	Cash-settled derivatives:
	and/or controlled:			13,060,675	0.95%	35,678,423	2.58%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			51,271,005	3.71%	48,931,627	3.54%
(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		3,196,572		5.9700  GBP
10p ordinary		Purchase		369,593		5.8592  GBP
10p ordinary		Purchase		204,122		5.8367  GBP
10p ordinary		Purchase		160,848		5.8606  GBP
10p ordinary		Purchase		131,804		5.8850  GBP
10p ordinary		Purchase		96,719		5.8853  GBP
10p ordinary		Purchase		93,629		5.8288  GBP
10p ordinary		Purchase		84,830		5.7055  GBP
10p ordinary		Purchase		55,684		5.8300  GBP
10p ordinary		Purchase		48,706		5.8435  GBP
10p ordinary		Purchase		47,972		5.9705  GBP
10p ordinary		Purchase		45,443		5.8231  GBP
10p ordinary		Purchase		35,323		5.9062  GBP
10p ordinary		Purchase		32,386		5.8677  GBP
10p ordinary		Purchase		27,842		5.8050  GBP
10p ordinary		Purchase		25,000		5.8867  GBP
10p ordinary		Purchase		12,606		5.7281  GBP
10p ordinary		Purchase		11,967		5.9856  GBP
10p ordinary		Purchase		9,755		5.8773  GBP
10p ordinary		Purchase		9,159		5.8415  GBP
10p ordinary		Purchase		9,042		5.8284  GBP
10p ordinary		Purchase		7,515		5.7985  GBP
10p ordinary		Purchase		5,000		5.9850  GBP
10p ordinary		Purchase		4,607		5.9543  GBP
10p ordinary		Purchase		2,931		5.7935  GBP
10p ordinary		Purchase		2,501		5.9131  GBP
10p ordinary		Purchase		2,301		5.8475  GBP
10p ordinary		Purchase		1,782		5.7664  GBP
10p ordinary		Purchase		1,660		5.7917  GBP
10p ordinary		Purchase		1,636		5.9925  GBP
10p ordinary		Purchase		1,250		5.9975  GBP
10p ordinary		Purchase		944		5.7300  GBP
10p ordinary		Purchase		886		5.6600  GBP
10p ordinary		Purchase		832		5.8250  GBP
10p ordinary		Purchase		792		5.9875  GBP
10p ordinary		Purchase		716		5.7829  GBP
10p ordinary		Purchase		666		5.7750  GBP
10p ordinary		Purchase		616		5.8605  GBP
10p ordinary		Purchase		615		5.7100  GBP
10p ordinary		Purchase		611		5.8732  GBP
10p ordinary		Purchase		558		5.7700  GBP
10p ordinary		Purchase		533		5.9037  GBP
10p ordinary		Purchase		360		5.6950  GBP
10p ordinary		Purchase		270		5.7350  GBP
10p ordinary		Purchase		71		5.8500  GBP
10p ordinary		Purchase		10		5.8610  GBP
10p ordinary		Sale		510,884		5.8754  GBP
10p ordinary		Sale		183,342		5.8131  GBP
10p ordinary		Sale		156,940		5.8850  GBP
10p ordinary		Sale		141,000		5.8270  GBP
10p ordinary		Sale		96,719		5.8853  GBP
10p ordinary		Sale		81,599		5.8406  GBP
10p ordinary		Sale		60,991		5.8136  GBP
10p ordinary		Sale		53,092		5.7922  GBP
10p ordinary		Sale		43,620		5.8603  GBP
10p ordinary		Sale		32,700		5.8659  GBP
10p ordinary		Sale		28,805		5.7763  GBP
10p ordinary		Sale		26,463		5.7957  GBP
10p ordinary		Sale		24,690		5.7947  GBP
10p ordinary		Sale		23,700		5.8989  GBP
10p ordinary		Sale		20,434		5.8966  GBP
10p ordinary		Sale		15,838		5.8728  GBP
10p ordinary		Sale		12,213		5.7861  GBP
10p ordinary		Sale		9,715		5.9471  GBP
10p ordinary		Sale		9,547		5.9032  GBP
10p ordinary		Sale		7,684		5.7945  GBP
10p ordinary		Sale		6,316		5.9682  GBP
10p ordinary		Sale		4,527		5.7167  GBP
10p ordinary		Sale		3,707		5.8918  GBP
10p ordinary		Sale		3,471		5.7137  GBP
10p ordinary		Sale		3,239		5.8342  GBP
10p ordinary		Sale		3,205		5.6950  GBP
10p ordinary		Sale		2,231		5.7735  GBP
10p ordinary		Sale		1,678		5.6475  GBP
10p ordinary		Sale		1,141		5.7693  GBP
10p ordinary		Sale		1,112		5.8244  GBP
10p ordinary		Sale		999		5.6900  GBP
10p ordinary		Sale		944		5.7300  GBP
10p ordinary		Sale		886		5.6600  GBP
10p ordinary		Sale		832		5.8250  GBP
10p ordinary		Sale		806		5.9712  GBP
10p ordinary		Sale		666		5.7750  GBP
10p ordinary		Sale		625		5.6925  GBP
10p ordinary		Sale		615		5.7100  GBP
10p ordinary		Sale		558		5.7700  GBP
10p ordinary		Sale		540		5.7350  GBP
10p ordinary		Sale		112		5.8400  GBP
10p ordinary		Sale		109		5.8300  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		25,402	5.7690  GBP
10p ordinary		SWAP		Decreasing Short		183,342	5.8132  GBP
10p ordinary		SWAP		Decreasing Short		60,991	5.8136  GBP
10p ordinary		SWAP		Decreasing Short		33,783	5.8157  GBP
10p ordinary		SWAP		Decreasing Short		36,633	5.8300  GBP
10p ordinary		SWAP		Decreasing Short		180,583	5.8386  GBP
10p ordinary		SWAP		Decreasing Short		53,201	5.8709  GBP
10p ordinary		SWAP		Decreasing Short		56,400	5.8797  USD
10p ordinary		SWAP		Decreasing Short		401,326	5.8850  GBP
10p ordinary		SWAP		Decreasing Short		3,707	5.8918  GBP
10p ordinary		SWAP		Decreasing Short		9,547	5.9032  GBP
10p ordinary		SWAP		Increasing Short		45,443	5.8228  USD
10p ordinary		SWAP		Increasing Short		93,629	5.8288  USD
10p ordinary		SWAP		Increasing Short		204,122	5.8367  USD
10p ordinary		SWAP		Increasing Short		160,848	5.8606  GBP
10p ordinary		SWAP		Increasing Short		32,386	5.8677  GBP
10p ordinary		SWAP		Increasing Short		649	5.8850  GBP
10p ordinary		SWAP		Increasing Short		103	5.8853  GBP
10p ordinary		SWAP		Increasing Short		25,000	5.8868  GBP
10p ordinary		SWAP		Increasing Short		44,692	5.8871  GBP
10p ordinary		SWAP		Increasing Short		35,323	5.9062  GBP
10p ordinary		SWAP		Increasing Short		21,648	5.9133  GBP
10p ordinary		SWAP		Increasing Short		14,033	5.9201  GBP
10p ordinary		SWAP		Increasing Short		305	5.9650  GBP
10p ordinary		SWAP		Increasing Short		3,196,572	5.9700  GBP
10p ordinary		CFD		Decreasing Short		2,951	5.8850  GBP
10p ordinary		CFD		Decreasing Short		19	5.8852  GBP
10p ordinary		CFD		Decreasing Short		6,527	5.8982  GBP
10p ordinary		CFD		Increasing Short		40,278	5.7889  GBP
10p ordinary		CFD		Increasing Short		67,738	5.7957  GBP
10p ordinary		CFD		Increasing Short		12,304	5.8526  GBP
10p ordinary		CFD		Increasing Short		2,951	5.8850  GBP
10p ordinary		CFD		Increasing Short		19	5.8852  GBP
10p ordinary		CFD		Increasing Short		96,719	5.8853  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:				31 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END