Form 8.3 - Smith (DS) plc

Barclays PLC

29 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:				28 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:			25,494,482	1.84%	25,235,982	1.82%
(2)	Cash-settled derivatives:
	and/or controlled:			11,526,550	0.83%	24,569,976	1.78%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			37,021,032	2.67%	49,805,958	3.60%
(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		478,339		4.7672  GBP
10p ordinary		Purchase		159,003		4.7680  GBP
10p ordinary		Purchase		126,777		4.7611  GBP
10p ordinary		Purchase		111,334		4.7580  GBP
10p ordinary		Purchase		82,055		4.7630  GBP
10p ordinary		Purchase		65,481		4.7606  GBP
10p ordinary		Purchase		55,668		4.7740  GBP
10p ordinary		Purchase		55,667		4.7700  GBP
10p ordinary		Purchase		34,896		4.7613  GBP
10p ordinary		Purchase		27,834		4.7560  GBP
10p ordinary		Purchase		25,715		4.7455  GBP
10p ordinary		Purchase		23,592		4.7677  GBP
10p ordinary		Purchase		21,943		4.7660  GBP
10p ordinary		Purchase		21,190		4.7483  GBP
10p ordinary		Purchase		13,537		4.7627  GBP
10p ordinary		Purchase		12,130		4.7632  GBP
10p ordinary		Purchase		10,030		4.7478  GBP
10p ordinary		Purchase		8,513		4.7458  GBP
10p ordinary		Purchase		7,052		4.7433  GBP
10p ordinary		Purchase		6,253		4.7617  GBP
10p ordinary		Purchase		5,440		4.7500  GBP
10p ordinary		Purchase		5,112		4.7575  GBP
10p ordinary		Purchase		4,393		4.7764  GBP
10p ordinary		Purchase		3,402		4.7638  GBP
10p ordinary		Purchase		2,634		4.7589  GBP
10p ordinary		Purchase		2,478		4.7450  GBP
10p ordinary		Purchase		1,916		4.7725  GBP
10p ordinary		Purchase		1,622		4.7445  GBP
10p ordinary		Purchase		1,373		4.7491  GBP
10p ordinary		Purchase		1,306		4.7570  GBP
10p ordinary		Purchase		1,241		4.7540  GBP
10p ordinary		Purchase		811		4.7470  GBP
10p ordinary		Purchase		536		4.7620  GBP
10p ordinary		Purchase		452		4.7720  GBP
10p ordinary		Purchase		204		4.7820  GBP
10p ordinary		Purchase		1		4.7750  GBP
10p ordinary		Sale		235,420		4.7680  GBP
10p ordinary		Sale		88,186		4.7468  GBP
10p ordinary		Sale		43,676		4.7679  GBP
10p ordinary		Sale		33,889		4.7670  GBP
10p ordinary		Sale		26,693		4.7619  GBP
10p ordinary		Sale		25,935		4.7694  GBP
10p ordinary		Sale		19,431		4.7625  GBP
10p ordinary		Sale		12,266		4.7645  GBP
10p ordinary		Sale		12,130		4.7632  GBP
10p ordinary		Sale		6,956		4.7636  GBP
10p ordinary		Sale		5,635		4.7627  GBP
10p ordinary		Sale		5,499		4.7657  GBP
10p ordinary		Sale		4,842		4.7639  GBP
10p ordinary		Sale		4,002		4.7818  GBP
10p ordinary		Sale		3,924		4.7712  GBP
10p ordinary		Sale		3,520		4.7546  GBP
10p ordinary		Sale		3,006		4.7678  GBP
10p ordinary		Sale		1,676		4.7616  GBP
10p ordinary		Sale		1,476		4.7720  GBP
10p ordinary		Sale		1,444		4.7605  GBP
10p ordinary		Sale		1,388		4.7775  GBP
10p ordinary		Sale		1,142		4.7640  GBP
10p ordinary		Sale		899		4.7620  GBP
10p ordinary		Sale		798		4.7631  GBP
10p ordinary		Sale		794		4.7714  GBP
10p ordinary		Sale		624		4.7440  GBP
10p ordinary		Sale		536		4.7621  GBP
10p ordinary		Sale		457		4.7460  GBP
10p ordinary		Sale		206		4.7419  GBP
10p ordinary		Sale		7		4.7681  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 Long		29,620	4.7646  GBP
10p ordinary		SWAP		Decreasing Short		206	4.7419  GBP
10p ordinary		SWAP		Decreasing Short		683	4.7680  GBP
10p ordinary		SWAP		Decreasing Short		102	4.7720  GBP
10p ordinary		SWAP		Decreasing Short		12,571	4.7763  GBP
10p ordinary		SWAP		Decreasing Short		1,388	4.7775  GBP
10p ordinary		SWAP		Decreasing Short		4,002	4.7818  GBP
10p ordinary		SWAP		Increasing Short		2,634	4.7589  GBP
10p ordinary		SWAP		Increasing Short		22,499	4.7608  GBP
10p ordinary		SWAP		Increasing Short		34,103	4.7629  GBP
10p ordinary		SWAP		Increasing Short		109,984	4.7645  GBP
10p ordinary		SWAP		Increasing Short		238,252	4.7680  GBP
10p ordinary		SWAP		Increasing Short		4,393	4.7764  GBP
10p ordinary		SWAP		Increasing Short		2,419	4.7893  USD
10p ordinary		CFD		Decreasing Short		2,272	4.7621  GBP
10p ordinary		CFD		Decreasing Short		12,866	4.7680  GBP
10p ordinary		CFD		Decreasing Short		452	4.7719  GBP
10p ordinary		CFD		Increasing Short		7,800	4.7627  GBP
10p ordinary		CFD		Increasing Short		128,551	4.7680  GBP
10p ordinary		CFD		Increasing Short		2,288	4.7745  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:				29 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END