Form 8.3 - Smith (DS) plc

Barclays PLC

05 December 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 Dec 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:			33,942,506	2.46%	23,431,301	1.70%
(2)	Cash-settled derivatives:
	and/or controlled:			12,066,002	0.87%	32,817,414	2.38%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,008,508	3.33%	56,248,715	4.07%
(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		269,180		5.8177  GBP
10p ordinary		Purchase		161,424		5.7809  GBP
10p ordinary		Purchase		129,213		5.8082  GBP
10p ordinary		Purchase		61,232		5.7989  GBP
10p ordinary		Purchase		60,022		5.7700  GBP
10p ordinary		Purchase		49,729		5.8171  GBP
10p ordinary		Purchase		45,656		5.8061  GBP
10p ordinary		Purchase		40,344		5.8186  GBP
10p ordinary		Purchase		36,701		5.7731  GBP
10p ordinary		Purchase		23,600		5.8090  GBP
10p ordinary		Purchase		22,831		5.8096  GBP
10p ordinary		Purchase		21,247		5.8127  GBP
10p ordinary		Purchase		19,329		5.7800  GBP
10p ordinary		Purchase		15,288		5.8190  GBP
10p ordinary		Purchase		13,204		5.8254  GBP
10p ordinary		Purchase		11,297		5.8309  GBP
10p ordinary		Purchase		10,393		5.8133  GBP
10p ordinary		Purchase		6,543		5.8497  GBP
10p ordinary		Purchase		4,379		5.8658  GBP
10p ordinary		Purchase		3,684		5.7746  GBP
10p ordinary		Purchase		3,544		5.8246  GBP
10p ordinary		Purchase		3,336		5.8100  GBP
10p ordinary		Purchase		2,929		5.8552  GBP
10p ordinary		Purchase		2,615		5.7550  GBP
10p ordinary		Purchase		2,351		5.8382  GBP
10p ordinary		Purchase		2,318		5.8573  GBP
10p ordinary		Purchase		2,107		5.7472  GBP
10p ordinary		Purchase		1,976		5.8000  GBP
10p ordinary		Purchase		1,964		5.7979  GBP
10p ordinary		Purchase		1,609		5.7500  GBP
10p ordinary		Purchase		1,508		5.8200  GBP
10p ordinary		Purchase		1,300		5.7558  GBP
10p ordinary		Purchase		1,241		5.8300  GBP
10p ordinary		Purchase		1,235		5.7450  GBP
10p ordinary		Purchase		1,193		5.8400  GBP
10p ordinary		Purchase		1,146		5.8525  GBP
10p ordinary		Purchase		1,128		5.7399  GBP
10p ordinary		Purchase		810		5.8450  GBP
10p ordinary		Purchase		798		5.7443  GBP
10p ordinary		Purchase		651		5.8606  GBP
10p ordinary		Purchase		567		5.8500  GBP
10p ordinary		Purchase		556		5.8550  GBP
10p ordinary		Purchase		522		5.7475  GBP
10p ordinary		Purchase		249		5.7701  GBP
10p ordinary		Purchase		174		5.7900  GBP
10p ordinary		Purchase		117		5.8644  GBP
10p ordinary		Sale		317,650		5.7700  GBP
10p ordinary		Sale		92,019		5.7981  GBP
10p ordinary		Sale		57,067		5.7950  GBP
10p ordinary		Sale		55,463		5.8401  GBP
10p ordinary		Sale		50,730		5.7734  GBP
10p ordinary		Sale		46,395		5.7688  GBP
10p ordinary		Sale		37,343		5.8428  GBP
10p ordinary		Sale		37,096		5.8295  GBP
10p ordinary		Sale		36,701		5.7731  GBP
10p ordinary		Sale		34,634		5.8043  GBP
10p ordinary		Sale		13,974		5.8084  GBP
10p ordinary		Sale		13,829		5.8271  GBP
10p ordinary		Sale		10,810		5.8451  GBP
10p ordinary		Sale		9,195		5.8309  GBP
10p ordinary		Sale		6,785		5.8511  GBP
10p ordinary		Sale		6,543		5.8503  GBP
10p ordinary		Sale		5,541		5.8037  GBP
10p ordinary		Sale		5,482		5.8405  GBP
10p ordinary		Sale		4,978		5.8100  GBP
10p ordinary		Sale		4,536		5.7910  GBP
10p ordinary		Sale		3,676		5.8482  GBP
10p ordinary		Sale		2,929		5.8557  GBP
10p ordinary		Sale		2,796		5.8237  GBP
10p ordinary		Sale		2,263		5.7838  GBP
10p ordinary		Sale		2,024		5.7800  GBP
10p ordinary		Sale		1,976		5.8000  GBP
10p ordinary		Sale		1,825		5.8665  GBP
10p ordinary		Sale		1,801		5.8504  GBP
10p ordinary		Sale		1,508		5.8200  GBP
10p ordinary		Sale		1,357		5.8314  GBP
10p ordinary		Sale		1,242		5.7657  GBP
10p ordinary		Sale		1,241		5.8300  GBP
10p ordinary		Sale		1,235		5.7450  GBP
10p ordinary		Sale		1,198		5.7602  GBP
10p ordinary		Sale		1,193		5.8400  GBP
10p ordinary		Sale		810		5.8450  GBP
10p ordinary		Sale		739		5.8500  GBP
10p ordinary		Sale		584		5.8530  GBP
10p ordinary		Sale		577		5.8655  GBP
10p ordinary		Sale		562		5.8525  GBP
10p ordinary		Sale		556		5.8550  GBP
10p ordinary		Sale		542		5.7500  GBP
10p ordinary		Sale		522		5.7475  GBP
10p ordinary		Sale		174		5.7900  GBP
10p ordinary		Sale		142		5.8027  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		1,198	5.7602  GBP
10p ordinary		SWAP		Decreasing Short		46,395	5.7688  GBP
10p ordinary		SWAP		Decreasing Short		11,957	5.7700  GBP
10p ordinary		SWAP		Decreasing Short		34,906	5.7760  GBP
10p ordinary		SWAP		Decreasing Short		1,642	5.8100  GBP
10p ordinary		SWAP		Decreasing Short		1,235	5.8268  GBP
10p ordinary		SWAP		Decreasing Short		13,829	5.8271  GBP
10p ordinary		SWAP		Decreasing Short		1,357	5.8314  GBP
10p ordinary		SWAP		Increasing Short		84,530	5.7700  GBP
10p ordinary		SWAP		Increasing Short		249	5.7701  GBP
10p ordinary		SWAP		Increasing Short		42,112	5.7762  GBP
10p ordinary		SWAP		Increasing Short		45,656	5.8061  GBP
10p ordinary		SWAP		Increasing Short		129,213	5.8082  GBP
10p ordinary		SWAP		Increasing Short		23,600	5.8089  GBP
10p ordinary		SWAP		Increasing Short		22,831	5.8096  GBP
10p ordinary		SWAP		Increasing Short		40,023	5.8118  GBP
10p ordinary		SWAP		Increasing Short		27,757	5.8150  GBP
10p ordinary		SWAP		Increasing Short		21,731	5.8264  GBP
10p ordinary		SWAP		Increasing Short		20,216	5.8460  USD
10p ordinary		SWAP		Increasing Short		2,318	5.8573  GBP
10p ordinary		CFD		Decreasing Short		860	5.7546  GBP
10p ordinary		CFD		Decreasing Short		233	5.7700  GBP
10p ordinary		CFD		Decreasing Short		36,701	5.7731  GBP
10p ordinary		CFD		Decreasing Short		13,203	5.8550  GBP
10p ordinary		CFD		Increasing Short		9,015	5.7503  GBP
10p ordinary		CFD		Increasing Short		233	5.7700  GBP
10p ordinary		CFD		Increasing Short		13,203	5.8550  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 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END