Form 8.3 - Smith (DS) plc

Barclays PLC

10 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:				09 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:			35,122,717	2.54%	20,226,795	1.47%
(2)	Cash-settled derivatives:
	and/or controlled:			12,307,467	0.89%	34,363,539	2.49%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			47,430,184	3.44%	54,590,334	3.95%
(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		3,308,984		5.6100  GBP
10p ordinary		Purchase		271,314		5.5394  GBP
10p ordinary		Purchase		215,260		5.5496  GBP
10p ordinary		Purchase		98,028		5.5789  GBP
10p ordinary		Purchase		55,532		5.5350  GBP
10p ordinary		Purchase		44,076		5.5528  GBP
10p ordinary		Purchase		35,209		5.5753  GBP
10p ordinary		Purchase		33,231		5.5419  GBP
10p ordinary		Purchase		29,289		5.5763  GBP
10p ordinary		Purchase		25,173		5.6140  GBP
10p ordinary		Purchase		23,231		5.5724  GBP
10p ordinary		Purchase		16,453		5.5894  GBP
10p ordinary		Purchase		16,418		5.5447  GBP
10p ordinary		Purchase		15,581		5.5850  GBP
10p ordinary		Purchase		15,181		5.6028  GBP
10p ordinary		Purchase		8,269		5.5890  GBP
10p ordinary		Purchase		6,416		5.5425  GBP
10p ordinary		Purchase		5,915		5.5574  GBP
10p ordinary		Purchase		5,855		5.5906  GBP
10p ordinary		Purchase		5,670		5.5402  GBP
10p ordinary		Purchase		5,252		5.5901  GBP
10p ordinary		Purchase		4,845		5.5807  GBP
10p ordinary		Purchase		3,602		5.5600  GBP
10p ordinary		Purchase		2,890		5.6179  GBP
10p ordinary		Purchase		2,855		5.6300  GBP
10p ordinary		Purchase		2,179		5.5730  GBP
10p ordinary		Purchase		2,095		5.5994  GBP
10p ordinary		Purchase		2,023		5.5382  GBP
10p ordinary		Purchase		1,875		5.6232  GBP
10p ordinary		Purchase		1,770		5.6246  GBP
10p ordinary		Purchase		1,220		5.5440  GBP
10p ordinary		Purchase		1,066		5.6275  GBP
10p ordinary		Purchase		887		5.5640  GBP
10p ordinary		Purchase		885		5.6325  GBP
10p ordinary		Purchase		642		5.5344  GBP
10p ordinary		Purchase		641		5.5550  GBP
10p ordinary		Purchase		628		5.5450  GBP
10p ordinary		Purchase		563		5.5400  GBP
10p ordinary		Purchase		540		5.6516  GBP
10p ordinary		Purchase		494		5.6250  GBP
10p ordinary		Purchase		29		5.6650  GBP
10p ordinary		Purchase		24		5.5375  GBP
10p ordinary		Purchase		3		5.6700  GBP
10p ordinary		Purchase		3		5.6194  GBP
10p ordinary		Sale		179,343		5.5338  GBP
10p ordinary		Sale		71,641		5.5684  GBP
10p ordinary		Sale		61,118		5.5897  GBP
10p ordinary		Sale		55,681		5.5350  GBP
10p ordinary		Sale		38,828		5.5881  GBP
10p ordinary		Sale		30,777		5.5698  GBP
10p ordinary		Sale		23,887		5.5447  GBP
10p ordinary		Sale		21,500		5.5491  GBP
10p ordinary		Sale		10,679		5.5682  GBP
10p ordinary		Sale		9,025		5.6593  GBP
10p ordinary		Sale		8,927		5.5741  GBP
10p ordinary		Sale		6,648		5.5670  GBP
10p ordinary		Sale		5,252		5.5901  GBP
10p ordinary		Sale		4,963		5.5923  GBP
10p ordinary		Sale		4,219		5.5476  GBP
10p ordinary		Sale		2,855		5.6300  GBP
10p ordinary		Sale		2,749		5.5406  GBP
10p ordinary		Sale		2,155		5.6023  GBP
10p ordinary		Sale		1,439		5.6066  GBP
10p ordinary		Sale		1,100		5.6253  GBP
10p ordinary		Sale		641		5.5550  GBP
10p ordinary		Sale		422		5.6304  GBP
10p ordinary		Sale		254		5.6200  GBP
10p ordinary		Sale		29		5.6650  GBP
10p ordinary		Sale		3		5.6700  GBP
10p ordinary		Sale		2		5.5675  GBP
10p ordinary		Sale		1		5.5400  GBP
10p ordinary		Sale		1		5.5600  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		84,014	5.5864  GBP
10p ordinary		SWAP		Decreasing Short		179,343	5.5338  GBP
10p ordinary		SWAP		Decreasing Short		11,326	5.5468  GBP
10p ordinary		SWAP		Decreasing Short		21,500	5.5490  GBP
10p ordinary		SWAP		Decreasing Short		14,058	5.5711  GBP
10p ordinary		SWAP		Decreasing Short		8,927	5.5741  GBP
10p ordinary		SWAP		Decreasing Short		38,828	5.5881  GBP
10p ordinary		SWAP		Decreasing Short		60,163	5.5897  GBP
10p ordinary		SWAP		Decreasing Short		10,316	5.6002  GBP
10p ordinary		SWAP		Decreasing Short		1,439	5.6066  GBP
10p ordinary		SWAP		Decreasing Short		632	5.6100  GBP
10p ordinary		SWAP		Decreasing Short		22,750	5.6383  GBP
10p ordinary		SWAP		Decreasing Short		9,025	5.6593  GBP
10p ordinary		SWAP		Increasing Short		119,256	5.5350  GBP
10p ordinary		SWAP		Increasing Short		44,244	5.5352  GBP
10p ordinary		SWAP		Increasing Short		122,783	5.5408  GBP
10p ordinary		SWAP		Increasing Short		33,154	5.5418  GBP
10p ordinary		SWAP		Increasing Short		8,580	5.5474  GBP
10p ordinary		SWAP		Increasing Short		44,076	5.5528  GBP
10p ordinary		SWAP		Increasing Short		619	5.5550  GBP
10p ordinary		SWAP		Increasing Short		1,292	5.5571  GBP
10p ordinary		SWAP		Increasing Short		5,915	5.5574  GBP
10p ordinary		SWAP		Increasing Short		3,601	5.5600  GBP
10p ordinary		SWAP		Increasing Short		134,688	5.5673  GBP
10p ordinary		SWAP		Increasing Short		101,970	5.5679  GBP
10p ordinary		SWAP		Increasing Short		150,362	5.5690  GBP
10p ordinary		SWAP		Increasing Short		2,890	5.6179  GBP
10p ordinary		SWAP		Increasing Short		77,095	5.6360  USD
10p ordinary		SWAP		Increasing Short		125,000	5.6484  USD
10p ordinary		CFD		Decreasing Short		48,885	5.5350  GBP
10p ordinary		CFD		Decreasing Short		13,844	5.5712  GBP
10p ordinary		CFD		Decreasing Short		1,142	5.6174  GBP
10p ordinary		CFD		Increasing Short		773	5.5350  GBP
10p ordinary		CFD		Increasing Short		5,252	5.5901  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:				10 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END