Form 8.3 - Smith (DS) plc

Barclays PLC

05 November 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 Nov 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:			26,081,143	1.88%	25,073,100	1.81%
(2)	Cash-settled derivatives:
	and/or controlled:			11,964,832	0.87%	23,616,308	1.71%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			38,045,975	2.75%	48,689,408	3.52%
(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		119,076		5.5231  GBP
10p ordinary		Purchase		77,926		5.5250  GBP
10p ordinary		Purchase		43,364		5.5037  GBP
10p ordinary		Purchase		32,469		5.5102  GBP
10p ordinary		Purchase		25,036		5.4836  GBP
10p ordinary		Purchase		16,755		5.4654  GBP
10p ordinary		Purchase		10,607		5.4614  GBP
10p ordinary		Purchase		9,890		5.4350  GBP
10p ordinary		Purchase		7,533		5.5078  GBP
10p ordinary		Purchase		7,367		5.5113  GBP
10p ordinary		Purchase		6,240		5.4547  GBP
10p ordinary		Purchase		5,087		5.4436  GBP
10p ordinary		Purchase		4,754		5.5122  GBP
10p ordinary		Purchase		4,650		5.5239  GBP
10p ordinary		Purchase		2,690		5.4220  GBP
10p ordinary		Purchase		2,553		5.4200  GBP
10p ordinary		Purchase		2,539		5.4562  GBP
10p ordinary		Purchase		1,542		5.4544  GBP
10p ordinary		Purchase		1,419		5.4448  GBP
10p ordinary		Purchase		680		5.4250  GBP
10p ordinary		Purchase		581		5.4300  GBP
10p ordinary		Purchase		483		5.5446  GBP
10p ordinary		Purchase		105		5.4400  GBP
10p ordinary		Purchase		105		5.4398  GBP
10p ordinary		Purchase		20		5.4595  GBP
10p ordinary		Purchase		15		5.4450  GBP
10p ordinary		Sale		336,061		5.5197  GBP
10p ordinary		Sale		109,391		5.4839  GBP
10p ordinary		Sale		105,369		5.5250  GBP
10p ordinary		Sale		63,215		5.5199  GBP
10p ordinary		Sale		61,315		5.5049  GBP
10p ordinary		Sale		56,430		5.5020  GBP
10p ordinary		Sale		49,078		5.5110  GBP
10p ordinary		Sale		29,277		5.5192  GBP
10p ordinary		Sale		17,457		5.4792  GBP
10p ordinary		Sale		16,700		5.4782  GBP
10p ordinary		Sale		13,710		5.5075  GBP
10p ordinary		Sale		12,458		5.4913  GBP
10p ordinary		Sale		10,816		5.4952  GBP
10p ordinary		Sale		6,283		5.4664  GBP
10p ordinary		Sale		6,259		5.4612  GBP
10p ordinary		Sale		6,240		5.4552  GBP
10p ordinary		Sale		5,778		5.4993  GBP
10p ordinary		Sale		5,752		5.5150  GBP
10p ordinary		Sale		5,226		5.4832  GBP
10p ordinary		Sale		4,650		5.5239  GBP
10p ordinary		Sale		4,470		5.4675  GBP
10p ordinary		Sale		3,047		5.5200  GBP
10p ordinary		Sale		2,392		5.5275  GBP
10p ordinary		Sale		1,567		5.4995  GBP
10p ordinary		Sale		1,542		5.4550  GBP
10p ordinary		Sale		1,103		5.4940  GBP
10p ordinary		Sale		1,075		5.4200  GBP
10p ordinary		Sale		630		5.4600  GBP
10p ordinary		Sale		619		5.5274  GBP
10p ordinary		Sale		602		5.4150  GBP
10p ordinary		Sale		581		5.4305  GBP
10p ordinary		Sale		551		5.5350  GBP
10p ordinary		Sale		483		5.5451  GBP
10p ordinary		Sale		451		5.5249  GBP
10p ordinary		Sale		210		5.4400  GBP
10p ordinary		Sale		208		5.5449  GBP
10p ordinary		Sale		101		5.4300  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		27,721	5.4972  GBP
10p ordinary		SWAP		Decreasing Short		4,470	5.4675  GBP
10p ordinary		SWAP		Decreasing Short		16,700	5.4782  GBP
10p ordinary		SWAP		Decreasing Short		109,391	5.4839  GBP
10p ordinary		SWAP		Decreasing Short		56,430	5.5020  GBP
10p ordinary		SWAP		Decreasing Short		33,539	5.5061  GBP
10p ordinary		SWAP		Decreasing Short		31,934	5.5151  GBP
10p ordinary		SWAP		Decreasing Short		63,215	5.5199  GBP
10p ordinary		SWAP		Decreasing Short		245,426	5.5203  GBP
10p ordinary		SWAP		Decreasing Short		47,909	5.5228  GBP
10p ordinary		SWAP		Decreasing Short		4,320	5.5239  USD
10p ordinary		SWAP		Decreasing Short		51,757	5.5250  GBP
10p ordinary		SWAP		Decreasing Short		208	5.5449  GBP
10p ordinary		SWAP		Increasing Short		2,327	5.4250  GBP
10p ordinary		SWAP		Increasing Short		8,337	5.4423  GBP
10p ordinary		SWAP		Increasing Short		1,419	5.4448  GBP
10p ordinary		SWAP		Increasing Short		137	5.4600  GBP
10p ordinary		SWAP		Increasing Short		16,755	5.4654  GBP
10p ordinary		SWAP		Increasing Short		25,036	5.4836  GBP
10p ordinary		SWAP		Increasing Short		35,346	5.5098  GBP
10p ordinary		SWAP		Increasing Short		6,641	5.5250  GBP
10p ordinary		SWAP		Increasing Short		85,373	5.5252  GBP
10p ordinary		CFD		Decreasing Short		12,343	5.4639  GBP
10p ordinary		CFD		Decreasing Short		38,357	5.5250  GBP
10p ordinary		SWAP		Increasing Short		32,469	5.5103  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:				05 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END