Form 8.3 - Smith (DS) plc

Barclays PLC

12 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:				11 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:			36,799,329	2.67%	20,602,874	1.49%
(2)	Cash-settled derivatives:
	and/or controlled:			12,684,666	0.92%	35,759,555	2.59%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			49,483,995	3.58%	56,362,429	4.08%
(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		511,738		5.3927  GBP
10p ordinary		Purchase		383,660		5.3900  GBP
10p ordinary		Purchase		111,334		5.4150  GBP
10p ordinary		Purchase		107,416		5.4148  GBP
10p ordinary		Purchase		106,801		5.3916  GBP
10p ordinary		Purchase		102,500		5.4074  GBP
10p ordinary		Purchase		54,241		5.4205  GBP
10p ordinary		Purchase		34,013		5.4060  GBP
10p ordinary		Purchase		32,792		5.4086  GBP
10p ordinary		Purchase		32,478		5.3911  GBP
10p ordinary		Purchase		29,822		5.4077  GBP
10p ordinary		Purchase		22,436		5.4177  GBP
10p ordinary		Purchase		20,875		5.4265  GBP
10p ordinary		Purchase		13,736		5.4120  GBP
10p ordinary		Purchase		13,407		5.4096  GBP
10p ordinary		Purchase		12,480		5.4105  GBP
10p ordinary		Purchase		11,829		5.4207  GBP
10p ordinary		Purchase		7,174		5.4111  GBP
10p ordinary		Purchase		5,122		5.3944  GBP
10p ordinary		Purchase		4,355		5.4193  GBP
10p ordinary		Purchase		3,959		5.4122  GBP
10p ordinary		Purchase		3,908		5.4393  GBP
10p ordinary		Purchase		3,540		5.4129  GBP
10p ordinary		Purchase		3,530		5.4170  GBP
10p ordinary		Purchase		3,455		5.4184  GBP
10p ordinary		Purchase		3,288		5.4253  GBP
10p ordinary		Purchase		3,165		5.4394  GBP
10p ordinary		Purchase		2,747		5.4063  GBP
10p ordinary		Purchase		2,657		5.4210  GBP
10p ordinary		Purchase		2,654		5.4250  GBP
10p ordinary		Purchase		2,583		5.4098  GBP
10p ordinary		Purchase		1,227		5.4000  GBP
10p ordinary		Purchase		1,172		5.4341  GBP
10p ordinary		Purchase		919		5.4175  GBP
10p ordinary		Purchase		911		5.4206  GBP
10p ordinary		Purchase		550		5.4225  GBP
10p ordinary		Purchase		323		5.4577  GBP
10p ordinary		Purchase		210		5.4075  GBP
10p ordinary		Sale		667,102		5.3900  GBP
10p ordinary		Sale		111,334		5.4150  GBP
10p ordinary		Sale		67,576		5.3912  GBP
10p ordinary		Sale		45,100		5.4126  GBP
10p ordinary		Sale		32,478		5.3911  GBP
10p ordinary		Sale		26,653		5.4014  GBP
10p ordinary		Sale		22,824		5.4146  GBP
10p ordinary		Sale		18,752		5.4041  GBP
10p ordinary		Sale		14,477		5.4053  GBP
10p ordinary		Sale		11,589		5.4134  GBP
10p ordinary		Sale		10,460		5.3997  GBP
10p ordinary		Sale		10,313		5.4111  GBP
10p ordinary		Sale		7,895		5.4000  GBP
10p ordinary		Sale		5,891		5.4010  GBP
10p ordinary		Sale		4,990		5.4175  GBP
10p ordinary		Sale		4,732		5.4136  GBP
10p ordinary		Sale		4,492		5.4141  GBP
10p ordinary		Sale		3,910		5.4173  GBP
10p ordinary		Sale		2,654		5.4250  GBP
10p ordinary		Sale		2,648		5.4541  GBP
10p ordinary		Sale		2,013		5.4275  GBP
10p ordinary		Sale		1,979		5.4504  GBP
10p ordinary		Sale		1,530		5.4849  GBP
10p ordinary		Sale		1,471		5.4072  GBP
10p ordinary		Sale		1,106		5.4024  GBP
10p ordinary		Sale		843		5.4350  GBP
10p ordinary		Sale		1		5.4700  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		86,937	5.4147  GBP
10p ordinary		SWAP		Decreasing Short		904	5.3889  USD
10p ordinary		SWAP		Decreasing Short		282,232	5.3900  GBP
10p ordinary		SWAP		Decreasing Short		42,194	5.3918  GBP
10p ordinary		SWAP		Decreasing Short		179	5.3932  GBP
10p ordinary		SWAP		Decreasing Short		26,653	5.4014  GBP
10p ordinary		SWAP		Decreasing Short		1,106	5.4024  GBP
10p ordinary		SWAP		Decreasing Short		1,471	5.4071  GBP
10p ordinary		SWAP		Decreasing Short		45,100	5.4126  GBP
10p ordinary		SWAP		Decreasing Short		111,334	5.4150  GBP
10p ordinary		SWAP		Decreasing Short		603	5.4415  GBP
10p ordinary		SWAP		Decreasing Short		1,979	5.4504  GBP
10p ordinary		SWAP		Decreasing Short		2,648	5.4541  GBP
10p ordinary		SWAP		Decreasing Short		196	5.4700  GBP
10p ordinary		SWAP		Decreasing Short		1,530	5.4849  GBP
10p ordinary		SWAP		Increasing Short		392,841	5.3900  GBP
10p ordinary		SWAP		Increasing Short		69,809	5.3902  GBP
10p ordinary		SWAP		Increasing Short		31,158	5.3924  GBP
10p ordinary		SWAP		Increasing Short		14,495	5.4032  GBP
10p ordinary		SWAP		Increasing Short		85,085	5.4042  GBP
10p ordinary		SWAP		Increasing Short		117,971	5.4063  GBP
10p ordinary		SWAP		Increasing Short		20,449	5.4075  GBP
10p ordinary		SWAP		Increasing Short		107,416	5.4148  GBP
10p ordinary		SWAP		Increasing Short		22,436	5.4177  GBP
10p ordinary		SWAP		Increasing Short		54,241	5.4205  GBP
10p ordinary		SWAP		Increasing Short		323	5.4577  GBP
10p ordinary		CFD		Decreasing Short		32,478	5.3911  GBP
10p ordinary		CFD		Increasing Short		2,654	5.4250  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:				12 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END