Form 8.3 - Smith (DS) plc

Barclays PLC

26 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:				25 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:			30,852,653	2.23%	23,146,038	1.68%
(2)	Cash-settled derivatives:
	and/or controlled:			12,002,656	0.87%	29,795,689	2.16%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			42,855,309	3.10%	52,941,727	3.83%
(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		1,097,160		5.9147  GBP
10p ordinary		Purchase		625,133		5.9150  GBP
10p ordinary		Purchase		278,763		5.9138  GBP
10p ordinary		Purchase		156,068		5.9533  GBP
10p ordinary		Purchase		133,690		5.9330  GBP
10p ordinary		Purchase		133,690		5.9192  GBP
10p ordinary		Purchase		63,464		5.9160  GBP
10p ordinary		Purchase		50,800		5.9236  GBP
10p ordinary		Purchase		40,757		5.9050  GBP
10p ordinary		Purchase		39,855		5.9415  GBP
10p ordinary		Purchase		23,362		5.9317  GBP
10p ordinary		Purchase		23,104		5.9244  GBP
10p ordinary		Purchase		21,604		5.9280  GBP
10p ordinary		Purchase		19,022		5.9152  GBP
10p ordinary		Purchase		17,978		5.9796  GBP
10p ordinary		Purchase		16,989		5.9183  GBP
10p ordinary		Purchase		10,485		5.8954  GBP
10p ordinary		Purchase		9,177		5.9238  GBP
10p ordinary		Purchase		8,557		5.8992  GBP
10p ordinary		Purchase		8,359		5.9844  GBP
10p ordinary		Purchase		7,280		5.9120  GBP
10p ordinary		Purchase		5,061		5.9068  GBP
10p ordinary		Purchase		5,043		5.9359  GBP
10p ordinary		Purchase		4,973		5.9208  GBP
10p ordinary		Purchase		4,106		5.9173  GBP
10p ordinary		Purchase		4,018		5.9143  GBP
10p ordinary		Purchase		3,874		5.9202  GBP
10p ordinary		Purchase		3,565		5.9590  GBP
10p ordinary		Purchase		3,105		5.9389  GBP
10p ordinary		Purchase		2,566		5.9420  GBP
10p ordinary		Purchase		2,156		5.9214  GBP
10p ordinary		Purchase		2,047		6.0018  GBP
10p ordinary		Purchase		1,828		5.9000  GBP
10p ordinary		Purchase		1,172		5.9525  GBP
10p ordinary		Purchase		674		5.8925  GBP
10p ordinary		Purchase		511		5.8900  GBP
10p ordinary		Purchase		501		6.0050  GBP
10p ordinary		Purchase		472		5.9400  GBP
10p ordinary		Sale		789,917		5.9150  GBP
10p ordinary		Sale		249,876		5.9155  GBP
10p ordinary		Sale		231,163		5.9428  GBP
10p ordinary		Sale		136,644		5.9410  GBP
10p ordinary		Sale		134,866		5.9053  GBP
10p ordinary		Sale		51,668		5.9157  GBP
10p ordinary		Sale		28,586		5.9329  GBP
10p ordinary		Sale		24,443		5.9436  GBP
10p ordinary		Sale		20,131		5.9328  GBP
10p ordinary		Sale		18,041		5.9405  GBP
10p ordinary		Sale		12,424		5.9357  GBP
10p ordinary		Sale		12,083		5.9359  GBP
10p ordinary		Sale		11,812		5.9474  GBP
10p ordinary		Sale		10,071		5.9306  GBP
10p ordinary		Sale		9,461		5.8996  GBP
10p ordinary		Sale		9,318		5.9138  GBP
10p ordinary		Sale		9,216		5.9532  GBP
10p ordinary		Sale		8,619		5.9254  GBP
10p ordinary		Sale		7,563		5.9440  GBP
10p ordinary		Sale		7,273		5.9361  GBP
10p ordinary		Sale		6,643		5.9404  GBP
10p ordinary		Sale		5,837		5.9465  GBP
10p ordinary		Sale		5,598		5.9165  GBP
10p ordinary		Sale		4,715		5.9287  GBP
10p ordinary		Sale		4,278		5.9767  GBP
10p ordinary		Sale		4,018		5.9143  GBP
10p ordinary		Sale		3,997		5.9450  GBP
10p ordinary		Sale		3,428		5.9293  GBP
10p ordinary		Sale		1,343		5.9250  GBP
10p ordinary		Sale		1,203		5.9724  GBP
10p ordinary		Sale		1,172		5.9525  GBP
10p ordinary		Sale		880		5.9000  GBP
10p ordinary		Sale		816		5.9599  GBP
10p ordinary		Sale		402		5.9799  GBP
10p ordinary		Sale		264		5.8950  GBP
10p ordinary		Sale		102		5.9800  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 Short		25,687	5.9260  GBP
10p ordinary		SWAP		Decreasing Short		264	5.8950  GBP
10p ordinary		SWAP		Decreasing Short		9,318	5.9138  GBP
10p ordinary		SWAP		Decreasing Short		44,164	5.9150  GBP
10p ordinary		SWAP		Decreasing Short		51,668	5.9157  GBP
10p ordinary		SWAP		Decreasing Short		20,131	5.9328  GBP
10p ordinary		SWAP		Decreasing Short		12,083	5.9359  GBP
10p ordinary		SWAP		Decreasing Short		2,678	5.9402  GBP
10p ordinary		SWAP		Decreasing Short		5,022	5.9450  GBP
10p ordinary		SWAP		Decreasing Short		7	5.9600  GBP
10p ordinary		SWAP		Decreasing Short		4,278	5.9767  GBP
10p ordinary		SWAP		Increasing Short		501,132	5.9150  GBP
10p ordinary		SWAP		Increasing Short		62,508	5.9163  GBP
10p ordinary		SWAP		Increasing Short		1,824	5.9218  GBP
10p ordinary		SWAP		Increasing Short		50,800	5.9235  GBP
10p ordinary		SWAP		Increasing Short		4,562	5.9334  GBP
10p ordinary		SWAP		Increasing Short		5,043	5.9359  GBP
10p ordinary		SWAP		Increasing Short		39,855	5.9415  USD
10p ordinary		SWAP		Increasing Short		156,068	5.9533  GBP
10p ordinary		SWAP		Increasing Short		8,635	5.9716  GBP
10p ordinary		SWAP		Increasing Short		17,978	5.9796  GBP
10p ordinary		SWAP		Increasing Short		4,913	6.0026  GBP
10p ordinary		CFD		Decreasing Short		4,018	5.9143  GBP
10p ordinary		CFD		Decreasing Short		3,826	5.9150  GBP
10p ordinary		CFD		Decreasing Short		231,163	5.9428  GBP
10p ordinary		CFD		Decreasing Short		5,362	5.9551  GBP
10p ordinary		CFD		Increasing Short		16,115	5.9104  GBP
10p ordinary		CFD		Increasing Short		499,747	5.9150  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:				26 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END