Form 8.3 - Smith (DS) plc

Barclays PLC

07 October 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:				04 Oct 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:			31,319,991	2.27%	25,300,465	1.83%
(2)	Cash-settled derivatives:
	and/or controlled:			11,534,510	0.84%	30,228,953	2.19%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			42,854,501	3.10%	55,529,418	4.02%
(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		261,530		4.6180  GBP
10p ordinary		Purchase		131,812		4.6192  GBP
10p ordinary		Purchase		106,625		4.6159  GBP
10p ordinary		Purchase		83,829		4.6208  GBP
10p ordinary		Purchase		73,556		4.6475  GBP
10p ordinary		Purchase		61,261		4.6210  GBP
10p ordinary		Purchase		50,374		4.6044  GBP
10p ordinary		Purchase		47,245		4.6294  GBP
10p ordinary		Purchase		34,727		4.6125  GBP
10p ordinary		Purchase		13,699		4.6033  GBP
10p ordinary		Purchase		13,338		4.6130  GBP
10p ordinary		Purchase		10,314		4.6193  GBP
10p ordinary		Purchase		7,940		4.6173  GBP
10p ordinary		Purchase		5,201		4.6071  GBP
10p ordinary		Purchase		4,481		4.6157  GBP
10p ordinary		Purchase		3,459		4.6087  GBP
10p ordinary		Purchase		2,788		4.6037  GBP
10p ordinary		Purchase		2,171		4.6100  GBP
10p ordinary		Purchase		2,104		4.6225  GBP
10p ordinary		Purchase		2,009		4.6077  GBP
10p ordinary		Purchase		1,953		4.6098  GBP
10p ordinary		Purchase		1,347		4.5940  GBP
10p ordinary		Purchase		1,122		4.6205  GBP
10p ordinary		Purchase		709		4.6139  GBP
10p ordinary		Purchase		164		4.6020  GBP
10p ordinary		Purchase		13		4.6140  GBP
10p ordinary		Sale		500,000		4.6400  GBP
10p ordinary		Sale		375,750		4.6391  GBP
10p ordinary		Sale		192,956		4.6220  GBP
10p ordinary		Sale		165,496		4.6170  GBP
10p ordinary		Sale		160,051		4.6500  GBP
10p ordinary		Sale		139,205		4.6020  GBP
10p ordinary		Sale		111,721		4.6180  GBP
10p ordinary		Sale		100,000		4.6033  GBP
10p ordinary		Sale		52,702		4.6311  GBP
10p ordinary		Sale		41,685		4.6579  GBP
10p ordinary		Sale		30,652		4.6545  GBP
10p ordinary		Sale		29,970		4.6533  GBP
10p ordinary		Sale		29,376		4.6324  GBP
10p ordinary		Sale		24,557		4.6413  GBP
10p ordinary		Sale		24,333		4.6179  GBP
10p ordinary		Sale		19,399		4.6551  GBP
10p ordinary		Sale		13,581		4.6347  GBP
10p ordinary		Sale		8,535		4.6570  GBP
10p ordinary		Sale		5,955		4.6073  GBP
10p ordinary		Sale		5,199		4.6315  GBP
10p ordinary		Sale		4,311		4.6538  GBP
10p ordinary		Sale		3,500		4.6230  GBP
10p ordinary		Sale		3,164		4.6554  GBP
10p ordinary		Sale		2,718		4.6560  GBP
10p ordinary		Sale		2,617		4.6173  GBP
10p ordinary		Sale		2,080		4.6618  GBP
10p ordinary		Sale		1,627		4.6258  GBP
10p ordinary		Sale		1,528		4.6565  GBP
10p ordinary		Sale		1,280		4.6640  GBP
10p ordinary		Sale		1,122		4.6206  GBP
10p ordinary		Sale		1,029		4.6171  GBP
10p ordinary		Sale		889		4.6100  GBP
10p ordinary		Sale		339		4.5959  GBP
10p ordinary		Sale		56		4.6172  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		1,000,000	4.6356  USD
10p ordinary		SWAP		Decreasing Short		339	4.5959  GBP
10p ordinary		SWAP		Decreasing Short		5,955	4.6073  GBP
10p ordinary		SWAP		Decreasing Short		165,496	4.6170  GBP
10p ordinary		SWAP		Decreasing Short		2,673	4.6173  GBP
10p ordinary		SWAP		Decreasing Short		14,423	4.6179  GBP
10p ordinary		SWAP		Decreasing Short		4,117	4.6180  GBP
10p ordinary		SWAP		Decreasing Short		20,139	4.6182  GBP
10p ordinary		SWAP		Decreasing Short		5,199	4.6315  GBP
10p ordinary		SWAP		Decreasing Short		29,376	4.6324  GBP
10p ordinary		SWAP		Decreasing Short		375,750	4.6391  GBP
10p ordinary		SWAP		Decreasing Short		16,006	4.6446  GBP
10p ordinary		SWAP		Decreasing Short		11,307	4.6459  GBP
10p ordinary		SWAP		Decreasing Short		19,589	4.6532  GBP
10p ordinary		SWAP		Decreasing Short		4,311	4.6538  GBP
10p ordinary		SWAP		Decreasing Short		564	4.6640  GBP
10p ordinary		SWAP		Increasing Short		164	4.6020  GBP
10p ordinary		SWAP		Increasing Short		34,727	4.6125  GBP
10p ordinary		SWAP		Increasing Short		13	4.6140  GBP
10p ordinary		SWAP		Increasing Short		4,481	4.6157  GBP
10p ordinary		SWAP		Increasing Short		15,740	4.6169  GBP
10p ordinary		SWAP		Increasing Short		209,684	4.6180  GBP
10p ordinary		SWAP		Increasing Short		16,883	4.6192  GBP
10p ordinary		SWAP		Increasing Short		46,428	4.6193  GBP
10p ordinary		SWAP		Increasing Short		83,829	4.6208  GBP
10p ordinary		SWAP		Increasing Short		61,261	4.6210  GBP
10p ordinary		SWAP		Increasing Short		36,992	4.6226  GBP
10p ordinary		SWAP		Increasing Short		36,374	4.6252  GBP
10p ordinary		SWAP		Increasing Short		21,188	4.6301  GBP
10p ordinary		SWAP		Increasing Short		73,556	4.6475  GBP
10p ordinary		CFD		Decreasing Short		1,099	4.6179  GBP
10p ordinary		CFD		Decreasing Short		1,122	4.6180  GBP
10p ordinary		CFD		Increasing Short		1,276	4.6119  GBP
10p ordinary		CFD		Increasing Short		1,099	4.6179  GBP
10p ordinary		CFD		Increasing Short		63,906	4.6180  GBP
10p ordinary		CFD		Increasing Short		2,655	4.6256  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 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END