Form 8.3 - Smith (DS) plc

Barclays PLC

24 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:				23 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:			32,969,204	2.39%	16,416,111	1.19%
(2)	Cash-settled derivatives:
	and/or controlled:			12,632,896	0.92%	31,567,839	2.29%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			45,602,100	3.30%	47,983,950	3.48%
(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		215,717		5.3800  GBP
10p ordinary		Purchase		34,344		5.3714  GBP
10p ordinary		Purchase		31,560		5.3555  GBP
10p ordinary		Purchase		15,537		5.3649  GBP
10p ordinary		Purchase		15,288		5.3778  GBP
10p ordinary		Purchase		8,310		5.3754  GBP
10p ordinary		Purchase		8,161		5.3710  GBP
10p ordinary		Purchase		7,839		5.3695  GBP
10p ordinary		Purchase		6,916		5.3702  GBP
10p ordinary		Purchase		6,369		5.3776  GBP
10p ordinary		Purchase		5,847		5.3725  GBP
10p ordinary		Purchase		5,013		5.3752  GBP
10p ordinary		Purchase		4,350		5.3788  GBP
10p ordinary		Purchase		3,884		5.3706  GBP
10p ordinary		Purchase		3,427		5.3811  GBP
10p ordinary		Purchase		2,454		5.3821  GBP
10p ordinary		Purchase		2,430		5.3797  GBP
10p ordinary		Purchase		2,313		5.3737  GBP
10p ordinary		Purchase		2,256		5.4000  GBP
10p ordinary		Purchase		2,014		5.3682  GBP
10p ordinary		Purchase		1,991		5.3600  GBP
10p ordinary		Purchase		1,338		5.3900  GBP
10p ordinary		Purchase		1,336		5.3750  GBP
10p ordinary		Purchase		1,282		5.3850  GBP
10p ordinary		Purchase		1,253		5.3675  GBP
10p ordinary		Purchase		1,126		5.3672  GBP
10p ordinary		Purchase		532		5.3825  GBP
10p ordinary		Purchase		515		5.3775  GBP
10p ordinary		Purchase		271		5.3550  GBP
10p ordinary		Sale		210,401		5.3793  GBP
10p ordinary		Sale		60,733		5.3800  GBP
10p ordinary		Sale		40,805		5.3703  GBP
10p ordinary		Sale		11,777		5.3849  GBP
10p ordinary		Sale		11,726		5.3794  GBP
10p ordinary		Sale		10,978		5.3799  GBP
10p ordinary		Sale		10,045		5.3757  GBP
10p ordinary		Sale		9,986		5.3780  GBP
10p ordinary		Sale		4,368		5.3715  GBP
10p ordinary		Sale		3,898		5.3743  GBP
10p ordinary		Sale		3,356		5.3669  GBP
10p ordinary		Sale		3,159		5.3565  GBP
10p ordinary		Sale		2,595		5.3756  GBP
10p ordinary		Sale		2,256		5.4000  GBP
10p ordinary		Sale		1,633		5.3650  GBP
10p ordinary		Sale		1,282		5.3850  GBP
10p ordinary		Sale		1,148		5.3750  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		32,273	5.3748  GBP
10p ordinary		SWAP		Decreasing Short		2,834	5.3397  GBP
10p ordinary		SWAP		Decreasing Short		3,159	5.3565  GBP
10p ordinary		SWAP		Decreasing Short		40,805	5.3703  GBP
10p ordinary		SWAP		Decreasing Short		48,855	5.3788  GBP
10p ordinary		SWAP		Decreasing Short		11,726	5.3794  GBP
10p ordinary		SWAP		Decreasing Short		4,598	5.3800  GBP
10p ordinary		SWAP		Increasing Short		31,560	5.3555  GBP
10p ordinary		SWAP		Increasing Short		15,537	5.3649  GBP
10p ordinary		SWAP		Increasing Short		7,979	5.3684  GBP
10p ordinary		SWAP		Increasing Short		7,839	5.3695  GBP
10p ordinary		SWAP		Increasing Short		4,878	5.3747  GBP
10p ordinary		SWAP		Increasing Short		25,867	5.3773  GBP
10p ordinary		SWAP		Increasing Short		4,350	5.3788  GBP
10p ordinary		SWAP		Increasing Short		11,337	5.3800  GBP
10p ordinary		SWAP		Increasing Short		4,368	5.3861  GBP
10p ordinary		SWAP		Increasing Short		544	5.3900  GBP
10p ordinary		CFD		Decreasing Short		65,163	5.3800  GBP
10p ordinary		CFD		Increasing Short		17,655	5.3648  GBP
10p ordinary		CFD		Increasing Short		18,688	5.3800  GBP
10p ordinary		CFD		Increasing Short		2,256	5.4000  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:				24 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END