Form 8.3 - Smith (DS) plc

Barclays PLC

09 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:				06 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:			34,432,957	2.49%	23,342,087	1.69%
(2)	Cash-settled derivatives:
	and/or controlled:			12,113,138	0.88%	33,545,824	2.43%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,546,095	3.37%	56,887,911	4.12%
(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		246,957		5.6227  GBP
10p ordinary		Purchase		114,393		5.6232  GBP
10p ordinary		Purchase		71,972		5.6207  GBP
10p ordinary		Purchase		41,327		5.6250  GBP
10p ordinary		Purchase		29,196		5.6242  GBP
10p ordinary		Purchase		28,315		5.6208  GBP
10p ordinary		Purchase		24,509		5.6283  GBP
10p ordinary		Purchase		22,951		5.6074  GBP
10p ordinary		Purchase		22,480		5.6104  GBP
10p ordinary		Purchase		21,057		5.6175  GBP
10p ordinary		Purchase		14,091		5.6158  GBP
10p ordinary		Purchase		9,169		5.6236  GBP
10p ordinary		Purchase		9,152		5.6164  GBP
10p ordinary		Purchase		8,885		5.6258  GBP
10p ordinary		Purchase		7,365		5.6008  GBP
10p ordinary		Purchase		7,113		5.6111  GBP
10p ordinary		Purchase		6,738		5.6199  GBP
10p ordinary		Purchase		6,082		5.6210  GBP
10p ordinary		Purchase		5,866		5.6152  GBP
10p ordinary		Purchase		4,446		5.6185  GBP
10p ordinary		Purchase		3,788		5.6248  GBP
10p ordinary		Purchase		3,289		5.6266  GBP
10p ordinary		Purchase		2,789		5.6062  GBP
10p ordinary		Purchase		2,789		5.6163  GBP
10p ordinary		Purchase		1,969		5.6272  GBP
10p ordinary		Purchase		1,777		5.6126  GBP
10p ordinary		Purchase		1,591		5.6061  GBP
10p ordinary		Purchase		1,562		5.6075  GBP
10p ordinary		Purchase		1,348		5.6100  GBP
10p ordinary		Purchase		1,020		5.6263  GBP
10p ordinary		Purchase		771		5.6300  GBP
10p ordinary		Purchase		716		5.6081  GBP
10p ordinary		Purchase		621		5.6066  GBP
10p ordinary		Purchase		574		5.6109  GBP
10p ordinary		Purchase		144		5.5975  GBP
10p ordinary		Sale		71,972		5.6207  GBP
10p ordinary		Sale		65,267		5.6201  GBP
10p ordinary		Sale		64,341		5.6233  GBP
10p ordinary		Sale		54,310		5.6238  GBP
10p ordinary		Sale		36,802		5.6127  GBP
10p ordinary		Sale		36,734		5.6250  GBP
10p ordinary		Sale		33,456		5.6245  GBP
10p ordinary		Sale		32,300		5.6166  GBP
10p ordinary		Sale		22,301		5.6182  GBP
10p ordinary		Sale		10,821		5.6053  GBP
10p ordinary		Sale		9,927		5.6142  GBP
10p ordinary		Sale		7,184		5.6210  GBP
10p ordinary		Sale		5,556		5.6237  GBP
10p ordinary		Sale		5,321		5.6300  GBP
10p ordinary		Sale		5,281		5.6203  GBP
10p ordinary		Sale		3,808		5.6055  GBP
10p ordinary		Sale		2,769		5.6283  GBP
10p ordinary		Sale		1,925		5.6150  GBP
10p ordinary		Sale		1,841		5.6079  GBP
10p ordinary		Sale		1,831		5.5950  GBP
10p ordinary		Sale		1,655		5.5987  GBP
10p ordinary		Sale		1,529		5.6056  GBP
10p ordinary		Sale		418		5.6075  GBP
10p ordinary		Sale		268		5.6219  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		25,180	5.6218  GBP
10p ordinary		SWAP		Increasing Short		102,206	5.6243  GBP
10p ordinary		SWAP		Decreasing Short		1,275	5.5450  GBP
10p ordinary		SWAP		Decreasing Short		1,655	5.5987  GBP
10p ordinary		SWAP		Decreasing Short		36,802	5.6127  GBP
10p ordinary		SWAP		Decreasing Short		32,300	5.6165  GBP
10p ordinary		SWAP		Decreasing Short		22,301	5.6182  GBP
10p ordinary		SWAP		Decreasing Short		7,184	5.6210  GBP
10p ordinary		SWAP		Decreasing Short		268	5.6219  GBP
10p ordinary		SWAP		Decreasing Short		23,249	5.6233  GBP
10p ordinary		SWAP		Decreasing Short		54,310	5.6238  GBP
10p ordinary		SWAP		Decreasing Short		1,854	5.6238  USD
10p ordinary		SWAP		Decreasing Short		25,642	5.6245  GBP
10p ordinary		SWAP		Decreasing Short		3,140	5.6247  GBP
10p ordinary		SWAP		Decreasing Short		47,539	5.6248  GBP
10p ordinary		SWAP		Decreasing Short		16,593	5.6250  GBP
10p ordinary		SWAP		Increasing Short		9,408	5.5985  GBP
10p ordinary		SWAP		Increasing Short		7,365	5.6008  GBP
10p ordinary		SWAP		Increasing Short		617	5.6036  GBP
10p ordinary		SWAP		Increasing Short		2,789	5.6062  GBP
10p ordinary		SWAP		Increasing Short		1,595	5.6073  GBP
10p ordinary		SWAP		Increasing Short		22,951	5.6074  GBP
10p ordinary		SWAP		Increasing Short		1,562	5.6075  GBP
10p ordinary		SWAP		Increasing Short		55,588	5.6205  GBP
10p ordinary		SWAP		Increasing Short		165,716	5.6250  GBP
10p ordinary		SWAP		Increasing Short		79,498	5.6252  GBP
10p ordinary		CFD		Decreasing Short		668	5.6250  GBP
10p ordinary		CFD		Increasing Short		71,972	5.6207  GBP
10p ordinary		CFD		Increasing Short		668	5.6250  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:				09 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END