Form 8.3 - Smith (DS) plc

Barclays PLC

31 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:				30 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:			24,807,758	1.79%	25,257,519	1.82%
(2)	Cash-settled derivatives:
	and/or controlled:			11,658,364	0.84%	24,005,865	1.74%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			36,466,122	2.63%	49,263,384	3.56%
(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		510,107		4.7740  GBP
10p ordinary		Purchase		492,493		4.7668  GBP
10p ordinary		Purchase		269,112		4.7418  GBP
10p ordinary		Purchase		63,661		4.7414  GBP
10p ordinary		Purchase		62,594		4.6524  GBP
10p ordinary		Purchase		57,930		4.7299  GBP
10p ordinary		Purchase		52,380		4.6936  GBP
10p ordinary		Purchase		46,047		4.6597  GBP
10p ordinary		Purchase		34,521		4.6431  GBP
10p ordinary		Purchase		29,651		4.7728  GBP
10p ordinary		Purchase		22,804		4.7460  GBP
10p ordinary		Purchase		20,699		4.6320  GBP
10p ordinary		Purchase		18,911		4.6918  GBP
10p ordinary		Purchase		16,872		4.6400  GBP
10p ordinary		Purchase		16,379		4.6584  GBP
10p ordinary		Purchase		15,253		4.7012  GBP
10p ordinary		Purchase		8,857		4.6329  GBP
10p ordinary		Purchase		6,605		4.7525  GBP
10p ordinary		Purchase		4,572		4.6931  GBP
10p ordinary		Purchase		4,498		4.7104  GBP
10p ordinary		Purchase		4,200		4.7494  GBP
10p ordinary		Purchase		3,951		4.6356  GBP
10p ordinary		Purchase		3,555		4.7360  GBP
10p ordinary		Purchase		3,186		4.7520  GBP
10p ordinary		Purchase		2,756		4.7058  GBP
10p ordinary		Purchase		2,399		4.6818  GBP
10p ordinary		Purchase		1,692		4.6380  GBP
10p ordinary		Purchase		1,639		4.7100  GBP
10p ordinary		Purchase		1,162		4.7800  GBP
10p ordinary		Purchase		1,093		4.6808  GBP
10p ordinary		Purchase		1,048		4.6370  GBP
10p ordinary		Purchase		649		4.7540  GBP
10p ordinary		Purchase		457		4.7700  GBP
10p ordinary		Purchase		305		4.7660  GBP
10p ordinary		Purchase		295		4.6600  GBP
10p ordinary		Purchase		48		4.6500  GBP
10p ordinary		Sale		527,262		4.7711  GBP
10p ordinary		Sale		405,181		4.7744  GBP
10p ordinary		Sale		206,732		4.7740  GBP
10p ordinary		Sale		197,464		4.6878  GBP
10p ordinary		Sale		175,866		4.6926  GBP
10p ordinary		Sale		166,985		4.7326  GBP
10p ordinary		Sale		48,178		4.7542  GBP
10p ordinary		Sale		38,233		4.7524  GBP
10p ordinary		Sale		28,361		4.7719  GBP
10p ordinary		Sale		26,059		4.7467  GBP
10p ordinary		Sale		25,519		4.7196  GBP
10p ordinary		Sale		21,889		4.7730  GBP
10p ordinary		Sale		8,667		4.7213  GBP
10p ordinary		Sale		8,189		4.6746  GBP
10p ordinary		Sale		6,305		4.7379  GBP
10p ordinary		Sale		5,417		4.7721  GBP
10p ordinary		Sale		4,572		4.6931  GBP
10p ordinary		Sale		4,417		4.6798  GBP
10p ordinary		Sale		4,011		4.7263  GBP
10p ordinary		Sale		3,650		4.6957  GBP
10p ordinary		Sale		3,499		4.7556  GBP
10p ordinary		Sale		2,274		4.6380  GBP
10p ordinary		Sale		1,852		4.6139  GBP
10p ordinary		Sale		1,170		4.7218  GBP
10p ordinary		Sale		649		4.7540  GBP
10p ordinary		Sale		577		4.7500  GBP
10p ordinary		Sale		535		4.7520  GBP
10p ordinary		Sale		457		4.7700  GBP
10p ordinary		Sale		337		4.6350  GBP
10p ordinary		Sale		164		4.7580  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		30,776	4.7327  GBP
10p ordinary		SWAP		Decreasing Short		1,852	4.6139  GBP
10p ordinary		SWAP		Decreasing Short		166,985	4.7326  GBP
10p ordinary		SWAP		Decreasing Short		26,059	4.7467  GBP
10p ordinary		SWAP		Decreasing Short		18,146	4.7520  GBP
10p ordinary		SWAP		Decreasing Short		23,686	4.7536  GBP
10p ordinary		SWAP		Decreasing Short		48,178	4.7542  GBP
10p ordinary		SWAP		Decreasing Short		112,928	4.7730  GBP
10p ordinary		SWAP		Decreasing Short		17,440	4.7732  GBP
10p ordinary		SWAP		Decreasing Short		69,350	4.7740  GBP
10p ordinary		SWAP		Increasing Short		8,857	4.6329  GBP
10p ordinary		SWAP		Increasing Short		3,951	4.6356  GBP
10p ordinary		SWAP		Increasing Short		77,000	4.6879  USD
10p ordinary		SWAP		Increasing Short		52,380	4.6936  GBP
10p ordinary		SWAP		Increasing Short		11,130	4.6942  GBP
10p ordinary		SWAP		Increasing Short		13,347	4.6979  GBP
10p ordinary		SWAP		Increasing Short		63,661	4.7414  GBP
10p ordinary		SWAP		Increasing Short		21,204	4.7512  GBP
10p ordinary		SWAP		Increasing Short		305	4.7660  GBP
10p ordinary		SWAP		Increasing Short		4,099	4.7740  GBP
10p ordinary		CFD		Decreasing Short		2,058	4.6343  GBP
10p ordinary		CFD		Decreasing Short		1,692	4.6380  GBP
10p ordinary		CFD		Decreasing Short		998	4.7739  GBP
10p ordinary		CFD		Decreasing Short		4,572	4.7740  GBP
10p ordinary		CFD		Increasing Short		42,984	4.6443  GBP
10p ordinary		CFD		Increasing Short		2,436	4.6999  GBP
10p ordinary		CFD		Increasing Short		998	4.7739  GBP
10p ordinary		CFD		Increasing Short		166,449	4.7740  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 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END