Form 8.3 - Smith (DS) plc

Barclays PLC

27 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:				26 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:			31,749,663	2.30%	23,462,007	1.70%
(2)	Cash-settled derivatives:
	and/or controlled:			12,306,818	0.89%	30,668,477	2.22%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,056,481	3.19%	54,130,484	3.92%
(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		541,377		5.9400  GBP
10p ordinary		Purchase		150,331		5.9397  GBP
10p ordinary		Purchase		147,796		5.9414  GBP
10p ordinary		Purchase		91,789		5.9299  GBP
10p ordinary		Purchase		88,014		5.9524  GBP
10p ordinary		Purchase		72,000		5.9819  GBP
10p ordinary		Purchase		51,500		5.9374  GBP
10p ordinary		Purchase		50,000		5.9826  GBP
10p ordinary		Purchase		25,812		5.9457  GBP
10p ordinary		Purchase		24,392		5.9489  GBP
10p ordinary		Purchase		18,044		5.9116  GBP
10p ordinary		Purchase		10,998		5.9817  GBP
10p ordinary		Purchase		9,987		5.9360  GBP
10p ordinary		Purchase		6,570		5.9534  GBP
10p ordinary		Purchase		5,934		5.9370  GBP
10p ordinary		Purchase		5,884		5.9100  GBP
10p ordinary		Purchase		3,743		5.9900  GBP
10p ordinary		Purchase		3,398		5.9150  GBP
10p ordinary		Purchase		2,907		5.9364  GBP
10p ordinary		Purchase		2,507		5.9349  GBP
10p ordinary		Purchase		2,359		5.9756  GBP
10p ordinary		Purchase		2,340		5.9800  GBP
10p ordinary		Purchase		2,137		5.9443  GBP
10p ordinary		Purchase		2,038		5.9166  GBP
10p ordinary		Purchase		2,031		5.9000  GBP
10p ordinary		Purchase		2,023		5.9425  GBP
10p ordinary		Purchase		1,999		5.9296  GBP
10p ordinary		Purchase		1,884		5.9281  GBP
10p ordinary		Purchase		1,705		5.9257  GBP
10p ordinary		Purchase		1,671		6.0000  GBP
10p ordinary		Purchase		1,662		5.9835  GBP
10p ordinary		Purchase		1,055		5.9850  GBP
10p ordinary		Purchase		1,035		5.9178  GBP
10p ordinary		Purchase		890		5.9550  GBP
10p ordinary		Purchase		889		5.9651  GBP
10p ordinary		Purchase		882		5.9350  GBP
10p ordinary		Purchase		802		6.0150  GBP
10p ordinary		Purchase		747		5.9750  GBP
10p ordinary		Purchase		736		5.9175  GBP
10p ordinary		Purchase		353		5.9351  GBP
10p ordinary		Purchase		305		5.9401  GBP
10p ordinary		Purchase		94		5.9950  GBP
10p ordinary		Purchase		60		5.9369  GBP
10p ordinary		Purchase		43		5.9544  GBP
10p ordinary		Sale		434,715		5.9376  GBP
10p ordinary		Sale		431,681		5.9400  GBP
10p ordinary		Sale		203,247		5.9844  GBP
10p ordinary		Sale		83,712		5.9495  GBP
10p ordinary		Sale		67,766		5.9430  GBP
10p ordinary		Sale		55,323		5.9440  GBP
10p ordinary		Sale		47,830		5.9433  GBP
10p ordinary		Sale		29,593		5.9342  GBP
10p ordinary		Sale		27,108		5.9703  GBP
10p ordinary		Sale		23,556		5.9468  GBP
10p ordinary		Sale		20,549		5.9388  GBP
10p ordinary		Sale		18,813		5.9857  GBP
10p ordinary		Sale		18,743		5.9833  GBP
10p ordinary		Sale		18,596		5.9438  GBP
10p ordinary		Sale		13,998		5.9481  GBP
10p ordinary		Sale		11,301		5.9531  GBP
10p ordinary		Sale		9,274		5.9768  GBP
10p ordinary		Sale		7,952		5.9425  GBP
10p ordinary		Sale		6,747		5.9100  GBP
10p ordinary		Sale		6,393		5.9379  GBP
10p ordinary		Sale		6,049		5.9385  GBP
10p ordinary		Sale		5,973		5.9611  GBP
10p ordinary		Sale		5,917		5.9161  GBP
10p ordinary		Sale		5,546		5.9519  GBP
10p ordinary		Sale		5,286		5.9420  GBP
10p ordinary		Sale		5,068		5.9826  GBP
10p ordinary		Sale		4,649		5.9427  GBP
10p ordinary		Sale		4,417		5.9653  GBP
10p ordinary		Sale		4,413		5.9613  GBP
10p ordinary		Sale		3,398		5.9150  GBP
10p ordinary		Sale		2,996		5.9275  GBP
10p ordinary		Sale		2,888		5.9550  GBP
10p ordinary		Sale		2,606		5.9103  GBP
10p ordinary		Sale		2,518		5.9396  GBP
10p ordinary		Sale		2,308		5.9200  GBP
10p ordinary		Sale		2,077		5.9665  GBP
10p ordinary		Sale		1,969		5.9579  GBP
10p ordinary		Sale		1,920		5.9626  GBP
10p ordinary		Sale		1,671		6.0000  GBP
10p ordinary		Sale		1,583		5.9659  GBP
10p ordinary		Sale		1,534		5.9794  GBP
10p ordinary		Sale		1,515		5.9232  GBP
10p ordinary		Sale		1,464		5.9676  GBP
10p ordinary		Sale		1,165		5.9529  GBP
10p ordinary		Sale		990		5.9339  GBP
10p ordinary		Sale		988		5.9281  GBP
10p ordinary		Sale		922		5.9500  GBP
10p ordinary		Sale		882		5.9350  GBP
10p ordinary		Sale		802		6.0150  GBP
10p ordinary		Sale		747		5.9750  GBP
10p ordinary		Sale		627		5.9575  GBP
10p ordinary		Sale		554		5.9850  GBP
10p ordinary		Sale		471		5.9175  GBP
10p ordinary		Sale		336		5.9483  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		203,247	5.9844  USD
10p ordinary		SWAP		Increasing Short		25,554	5.9458  GBP
10p ordinary		SWAP		Decreasing Short		14	5.9100  GBP
10p ordinary		SWAP		Decreasing Short		988	5.9281  GBP
10p ordinary		SWAP		Decreasing Short		11,432	5.9309  GBP
10p ordinary		SWAP		Decreasing Short		20,549	5.9388  GBP
10p ordinary		SWAP		Decreasing Short		2,518	5.9396  GBP
10p ordinary		SWAP		Decreasing Short		314,438	5.9400  GBP
10p ordinary		SWAP		Decreasing Short		67,766	5.9430  GBP
10p ordinary		SWAP		Decreasing Short		21,768	5.9438  GBP
10p ordinary		SWAP		Decreasing Short		83,712	5.9495  GBP
10p ordinary		SWAP		Decreasing Short		27,108	5.9703  GBP
10p ordinary		SWAP		Decreasing Short		9,274	5.9768  GBP
10p ordinary		SWAP		Increasing Short		1,999	5.9296  GBP
10p ordinary		SWAP		Increasing Short		2,507	5.9348  GBP
10p ordinary		SWAP		Increasing Short		8,597	5.9355  GBP
10p ordinary		SWAP		Increasing Short		2,907	5.9364  GBP
10p ordinary		SWAP		Increasing Short		51,500	5.9373  GBP
10p ordinary		SWAP		Increasing Short		24,172	5.9382  GBP
10p ordinary		SWAP		Increasing Short		124,678	5.9397  GBP
10p ordinary		SWAP		Increasing Short		30,505	5.9399  GBP
10p ordinary		SWAP		Increasing Short		1,164	5.9400  GBP
10p ordinary		SWAP		Increasing Short		2,023	5.9425  GBP
10p ordinary		SWAP		Increasing Short		24,392	5.9489  GBP
10p ordinary		SWAP		Increasing Short		400,000	5.9500  USD
10p ordinary		SWAP		Increasing Short		72,000	5.9819  USD
10p ordinary		SWAP		Increasing Short		460,000	6.0093  USD
10p ordinary		CFD		Decreasing Short		2,227	5.9100  GBP
10p ordinary		CFD		Decreasing Short		11,097	5.9133  GBP
10p ordinary		CFD		Decreasing Short		215	5.9400  GBP
10p ordinary		CFD		Increasing Short		112,981	5.9400  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:				27 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END