Form 8.3 - Smith (DS) plc

Barclays PLC

13 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:				12 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:			34,687,061	2.51%	20,397,808	1.48%
(2)	Cash-settled derivatives:
	and/or controlled:			12,479,531	0.90%	33,621,028	2.44%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			47,166,592	3.42%	54,018,836	3.91%
(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		646,850		5.3572  GBP
10p ordinary		Purchase		404,892		5.3900  GBP
10p ordinary		Purchase		390,669		5.3860  GBP
10p ordinary		Purchase		99,801		5.3561  GBP
10p ordinary		Purchase		78,607		5.3520  GBP
10p ordinary		Purchase		70,254		5.3044  GBP
10p ordinary		Purchase		49,390		5.3442  GBP
10p ordinary		Purchase		46,671		5.3402  GBP
10p ordinary		Purchase		29,249		5.3329  GBP
10p ordinary		Purchase		28,032		5.3467  GBP
10p ordinary		Purchase		26,148		5.3317  GBP
10p ordinary		Purchase		20,224		5.3479  GBP
10p ordinary		Purchase		19,086		5.3326  GBP
10p ordinary		Purchase		15,930		5.3063  GBP
10p ordinary		Purchase		14,316		5.3539  GBP
10p ordinary		Purchase		9,680		5.3313  GBP
10p ordinary		Purchase		8,387		5.3331  GBP
10p ordinary		Purchase		7,402		5.3639  GBP
10p ordinary		Purchase		7,081		5.3370  GBP
10p ordinary		Purchase		6,770		5.3758  GBP
10p ordinary		Purchase		6,263		5.3587  GBP
10p ordinary		Purchase		5,667		5.3282  GBP
10p ordinary		Purchase		3,950		5.3028  GBP
10p ordinary		Purchase		3,764		5.3217  GBP
10p ordinary		Purchase		3,372		5.2913  GBP
10p ordinary		Purchase		3,250		5.3247  GBP
10p ordinary		Purchase		3,169		5.2988  GBP
10p ordinary		Purchase		3,129		5.3601  GBP
10p ordinary		Purchase		3,098		5.3700  GBP
10p ordinary		Purchase		2,806		5.3493  GBP
10p ordinary		Purchase		2,510		5.2969  GBP
10p ordinary		Purchase		2,399		5.3623  GBP
10p ordinary		Purchase		2,239		5.2908  GBP
10p ordinary		Purchase		1,535		5.2965  GBP
10p ordinary		Purchase		1,247		5.2970  GBP
10p ordinary		Purchase		1,040		5.3367  GBP
10p ordinary		Purchase		953		5.2900  GBP
10p ordinary		Purchase		590		5.3353  GBP
10p ordinary		Purchase		587		5.3500  GBP
10p ordinary		Purchase		543		5.3100  GBP
10p ordinary		Purchase		445		5.3302  GBP
10p ordinary		Purchase		250		5.3060  GBP
10p ordinary		Purchase		9		5.3750  GBP
10p ordinary		Sale		3,094,764		5.3900  GBP
10p ordinary		Sale		261,212		5.3732  GBP
10p ordinary		Sale		92,571		5.3486  GBP
10p ordinary		Sale		78,607		5.2929  GBP
10p ordinary		Sale		74,039		5.3452  GBP
10p ordinary		Sale		59,577		5.3607  GBP
10p ordinary		Sale		38,900		5.3478  GBP
10p ordinary		Sale		35,513		5.3448  GBP
10p ordinary		Sale		30,540		5.3722  GBP
10p ordinary		Sale		29,902		5.3412  GBP
10p ordinary		Sale		26,088		5.3320  GBP
10p ordinary		Sale		23,108		5.3397  GBP
10p ordinary		Sale		22,376		5.3415  GBP
10p ordinary		Sale		21,500		5.3136  GBP
10p ordinary		Sale		19,714		5.3495  GBP
10p ordinary		Sale		19,246		5.3580  GBP
10p ordinary		Sale		18,500		5.2907  GBP
10p ordinary		Sale		17,596		5.3577  GBP
10p ordinary		Sale		15,175		5.3539  GBP
10p ordinary		Sale		13,771		5.3462  GBP
10p ordinary		Sale		9,410		5.3765  GBP
10p ordinary		Sale		7,687		5.3540  GBP
10p ordinary		Sale		7,380		5.3115  GBP
10p ordinary		Sale		7,339		5.3558  GBP
10p ordinary		Sale		7,117		5.3123  GBP
10p ordinary		Sale		6,770		5.3758  GBP
10p ordinary		Sale		6,207		5.3895  GBP
10p ordinary		Sale		5,919		5.3426  GBP
10p ordinary		Sale		5,378		5.3458  GBP
10p ordinary		Sale		4,121		5.3466  GBP
10p ordinary		Sale		3,763		5.3299  GBP
10p ordinary		Sale		3,746		5.3472  GBP
10p ordinary		Sale		1,995		5.3100  GBP
10p ordinary		Sale		1,874		5.3425  GBP
10p ordinary		Sale		1,664		5.3675  GBP
10p ordinary		Sale		1,405		5.3875  GBP
10p ordinary		Sale		1,181		5.3700  GBP
10p ordinary		Sale		1,172		5.3155  GBP
10p ordinary		Sale		1,092		5.3769  GBP
10p ordinary		Sale		681		5.2999  GBP
10p ordinary		Sale		498		5.3050  GBP
10p ordinary		Sale		166		5.3503  GBP
10p ordinary		Sale		154		5.3570  GBP
10p ordinary		Sale		38		5.3712  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		97,244	5.3467  GBP
10p ordinary		SWAP		Decreasing Short		681	5.2999  GBP
10p ordinary		SWAP		Decreasing Short		1,995	5.3100  GBP
10p ordinary		SWAP		Decreasing Short		14	5.3350  GBP
10p ordinary		SWAP		Decreasing Short		38,900	5.3478  GBP
10p ordinary		SWAP		Decreasing Short		15,748	5.3546  GBP
10p ordinary		SWAP		Decreasing Short		154	5.3569  GBP
10p ordinary		SWAP		Decreasing Short		17,596	5.3577  GBP
10p ordinary		SWAP		Decreasing Short		56,244	5.3600  GBP
10p ordinary		SWAP		Decreasing Short		9,410	5.3765  GBP
10p ordinary		SWAP		Decreasing Short		6,207	5.3895  GBP
10p ordinary		SWAP		Increasing Short		3,950	5.3028  GBP
10p ordinary		SWAP		Increasing Short		250	5.3060  GBP
10p ordinary		SWAP		Increasing Short		445	5.3302  GBP
10p ordinary		SWAP		Increasing Short		29,728	5.3383  GBP
10p ordinary		SWAP		Increasing Short		46,671	5.3402  GBP
10p ordinary		SWAP		Increasing Short		28,049	5.3471  GBP
10p ordinary		SWAP		Increasing Short		55,963	5.3509  GBP
10p ordinary		SWAP		Increasing Short		14,316	5.3539  GBP
10p ordinary		SWAP		Increasing Short		74,318	5.3585  GBP
10p ordinary		SWAP		Increasing Short		113,686	5.3765  GBP
10p ordinary		SWAP		Increasing Short		28,396	5.3888  GBP
10p ordinary		SWAP		Increasing Short		331,559	5.3900  GBP
10p ordinary		SWAP		Increasing Short		23,110	5.3902  GBP
10p ordinary		SWAP		Increasing Short		140,000	5.4103  USD
10p ordinary		CFD		Decreasing Short		6,770	5.3758  GBP
10p ordinary		CFD		Decreasing Short		2,910,327	5.3900  GBP
10p ordinary		CFD		Increasing Short		142,969	5.3900  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:				13 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END