Form 8.3 - Smith (DS) plc

Barclays PLC

13 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:				12 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:			23,909,744	1.73%	23,389,173	1.69%
(2)	Cash-settled derivatives:
	and/or controlled:			12,245,558	0.89%	23,082,183	1.67%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			36,155,302	2.62%	46,471,356	3.36%
(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		546,652		5.6000  GBP
10p ordinary		Purchase		232,248		5.6011  GBP
10p ordinary		Purchase		66,108		5.6093  GBP
10p ordinary		Purchase		55,667		5.6300  GBP
10p ordinary		Purchase		43,377		5.6029  GBP
10p ordinary		Purchase		25,836		5.6071  GBP
10p ordinary		Purchase		19,125		5.6055  GBP
10p ordinary		Purchase		18,061		5.6062  GBP
10p ordinary		Purchase		17,896		5.6080  GBP
10p ordinary		Purchase		14,373		5.6026  GBP
10p ordinary		Purchase		13,634		5.6035  GBP
10p ordinary		Purchase		10,997		5.6061  GBP
10p ordinary		Purchase		10,342		5.6024  GBP
10p ordinary		Purchase		6,301		5.6075  GBP
10p ordinary		Purchase		6,296		5.6058  GBP
10p ordinary		Purchase		4,945		5.6021  GBP
10p ordinary		Purchase		4,282		5.6019  GBP
10p ordinary		Purchase		3,731		5.6023  GBP
10p ordinary		Purchase		3,566		5.6050  GBP
10p ordinary		Purchase		3,463		5.6100  GBP
10p ordinary		Purchase		3,091		5.6082  GBP
10p ordinary		Purchase		2,966		5.6250  GBP
10p ordinary		Purchase		2,848		5.6194  GBP
10p ordinary		Purchase		2,739		5.6223  GBP
10p ordinary		Purchase		2,388		5.6040  GBP
10p ordinary		Purchase		1,878		5.6008  GBP
10p ordinary		Purchase		1,361		5.5994  GBP
10p ordinary		Purchase		1,006		5.6018  GBP
10p ordinary		Purchase		908		5.6200  GBP
10p ordinary		Purchase		892		5.5915  GBP
10p ordinary		Purchase		817		5.6261  GBP
10p ordinary		Purchase		668		5.6400  GBP
10p ordinary		Purchase		536		5.5969  GBP
10p ordinary		Purchase		536		5.5975  GBP
10p ordinary		Purchase		461		5.6150  GBP
10p ordinary		Purchase		181		5.6189  GBP
10p ordinary		Sale		600,335		5.6000  GBP
10p ordinary		Sale		177,210		5.6226  GBP
10p ordinary		Sale		96,090		5.6088  GBP
10p ordinary		Sale		87,315		5.6066  GBP
10p ordinary		Sale		37,981		5.6098  GBP
10p ordinary		Sale		31,777		5.6083  GBP
10p ordinary		Sale		17,332		5.6086  GBP
10p ordinary		Sale		10,639		5.6093  GBP
10p ordinary		Sale		8,744		5.6082  GBP
10p ordinary		Sale		8,413		5.6126  GBP
10p ordinary		Sale		7,059		5.6343  GBP
10p ordinary		Sale		4,951		5.6199  GBP
10p ordinary		Sale		4,937		5.6025  GBP
10p ordinary		Sale		4,762		5.5999  GBP
10p ordinary		Sale		3,921		5.5990  GBP
10p ordinary		Sale		3,769		5.6076  GBP
10p ordinary		Sale		3,607		5.6326  GBP
10p ordinary		Sale		3,463		5.6100  GBP
10p ordinary		Sale		3,360		5.6050  GBP
10p ordinary		Sale		2,972		5.6023  GBP
10p ordinary		Sale		2,966		5.6250  GBP
10p ordinary		Sale		2,664		5.6127  GBP
10p ordinary		Sale		1,878		5.6013  GBP
10p ordinary		Sale		1,379		5.6200  GBP
10p ordinary		Sale		1,093		5.6027  GBP
10p ordinary		Sale		1,006		5.6024  GBP
10p ordinary		Sale		778		5.6077  GBP
10p ordinary		Sale		751		5.5900  GBP
10p ordinary		Sale		536		5.5975  GBP
10p ordinary		Sale		349		5.5950  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		34	5.5950  GBP
10p ordinary		SWAP		Decreasing Short		3,921	5.5990  GBP
10p ordinary		SWAP		Decreasing Short		4,762	5.5999  GBP
10p ordinary		SWAP		Decreasing Short		314,107	5.6000  GBP
10p ordinary		SWAP		Decreasing Short		4,937	5.6025  GBP
10p ordinary		SWAP		Decreasing Short		87,315	5.6066  GBP
10p ordinary		SWAP		Decreasing Short		96,090	5.6088  GBP
10p ordinary		SWAP		Decreasing Short		31,950	5.6095  GBP
10p ordinary		SWAP		Decreasing Short		23,324	5.6100  GBP
10p ordinary		SWAP		Decreasing Short		8,043	5.6104  GBP
10p ordinary		SWAP		Decreasing Short		22,493	5.6107  GBP
10p ordinary		SWAP		Decreasing Short		4,951	5.6199  GBP
10p ordinary		SWAP		Increasing Short		892	5.5915  GBP
10p ordinary		SWAP		Increasing Short		263	5.5950  GBP
10p ordinary		SWAP		Increasing Short		175,685	5.6000  GBP
10p ordinary		SWAP		Increasing Short		37,631	5.6007  GBP
10p ordinary		SWAP		Increasing Short		2,582	5.6010  USD
10p ordinary		SWAP		Increasing Short		4,282	5.6019  GBP
10p ordinary		SWAP		Increasing Short		10,342	5.6024  GBP
10p ordinary		SWAP		Increasing Short		154,364	5.6025  GBP
10p ordinary		SWAP		Increasing Short		14,373	5.6027  GBP
10p ordinary		SWAP		Increasing Short		118,956	5.6030  GBP
10p ordinary		SWAP		Increasing Short		2,086	5.6050  GBP
10p ordinary		SWAP		Increasing Short		19,125	5.6055  GBP
10p ordinary		SWAP		Increasing Short		55,065	5.6093  GBP
10p ordinary		CFD		Decreasing Short		3,701	5.5900  GBP
10p ordinary		CFD		Decreasing Short		17,966	5.6216  GBP
10p ordinary		CFD		Decreasing Short		50,000	5.6495  GBP
10p ordinary		CFD		Increasing Short		3,701	5.5900  GBP
10p ordinary		CFD		Increasing Short		85,281	5.6000  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:				13 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END