Form 8.3 - Smith (DS) plc Replacement

Barclays PLC

24 January 2025

 

FORM 8.3 - Amendment to 2a and 3a Replaces form Released at 17/01/2025 14:39 RNS Number : 8245T
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  relevant securities this form relates:			DS SMITH PLC
(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:			16 Jan 2025
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			YES:  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:				33,223,881	2.40%	30,381,640	2.20%
(2) Cash-settled derivatives:				12,558,243	0.91%	30,960,114	2.24%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				45,782,124	3.31%	61,341,754	4.44%
(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 PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
10p ordinary	Purchase	409,000	5.7900  GBP
10p ordinary	Purchase	280,000	5.7609  GBP
10p ordinary	Purchase	78,862	5.7881  GBP
10p ordinary	Purchase	76,157	5.7865  GBP
10p ordinary	Purchase	70,893	5.7896  GBP
10p ordinary	Purchase	36,267	5.7806  GBP
10p ordinary	Purchase	33,443	5.7736  GBP
10p ordinary	Purchase	28,660	5.7894  GBP
10p ordinary	Purchase	23,992	5.7798  GBP
10p ordinary	Purchase	11,813	5.7821  GBP
10p ordinary	Purchase	10,536	5.7975  GBP
10p ordinary	Purchase	10,466	5.7814  GBP
10p ordinary	Purchase	10,049	5.7880  GBP
10p ordinary	Purchase	9,420	5.7691  GBP
10p ordinary	Purchase	8,497	5.7658  GBP
10p ordinary	Purchase	8,078	5.7743  GBP
10p ordinary	Purchase	7,777	5.7866  GBP
10p ordinary	Purchase	7,677	5.7810  GBP
10p ordinary	Purchase	6,687	5.7753  GBP
10p ordinary	Purchase	6,363	5.7741  GBP
10p ordinary	Purchase	5,955	5.7677  GBP
10p ordinary	Purchase	4,786	5.7657  GBP
10p ordinary	Purchase	4,682	5.7675  GBP
10p ordinary	Purchase	4,547	5.7934  GBP
10p ordinary	Purchase	4,015	5.7678  GBP
10p ordinary	Purchase	3,624	5.7789  GBP
10p ordinary	Purchase	2,661	5.7612  GBP
10p ordinary	Purchase	1,889	5.7611  GBP
10p ordinary	Purchase	1,822	5.7679  GBP
10p ordinary	Purchase	1,605	5.7683  GBP
10p ordinary	Purchase	1,270	5.8000  GBP
10p ordinary	Purchase	1,228	5.7600  GBP
10p ordinary	Purchase	1,200	5.7550  GBP
10p ordinary	Purchase	869	5.7711  GBP
10p ordinary	Purchase	648	5.7650  GBP
10p ordinary	Purchase	648	5.7648  GBP
10p ordinary	Purchase	637	5.7989  GBP
10p ordinary	Purchase	636	5.7950  GBP
10p ordinary	Purchase	334	5.7851  GBP
10p ordinary	Purchase	108	5.7769  GBP
10p ordinary	Sale	3,500,000	5.7200  GBP
10p ordinary	Sale	120,045	5.7900  GBP
10p ordinary	Sale	109,789	5.7909  GBP
10p ordinary	Sale	70,893	5.7896  GBP
10p ordinary	Sale	69,163	5.7830  GBP
10p ordinary	Sale	27,008	5.7703  GBP
10p ordinary	Sale	23,556	5.7838  GBP
10p ordinary	Sale	22,809	5.7842  GBP
10p ordinary	Sale	22,500	5.7695  GBP
10p ordinary	Sale	19,154	5.7818  GBP
10p ordinary	Sale	14,924	5.7831  GBP
10p ordinary	Sale	12,524	5.7911  GBP
10p ordinary	Sale	11,509	5.7834  GBP
10p ordinary	Sale	8,014	5.7949  GBP
10p ordinary	Sale	6,423	5.7549  GBP
10p ordinary	Sale	6,161	5.7707  GBP
10p ordinary	Sale	5,761	5.7754  GBP
10p ordinary	Sale	4,984	5.7743  GBP
10p ordinary	Sale	4,786	5.7657  GBP
10p ordinary	Sale	4,630	5.7812  GBP
10p ordinary	Sale	4,191	5.7660  GBP
10p ordinary	Sale	3,227	5.7683  GBP
10p ordinary	Sale	2,909	5.7809  GBP
10p ordinary	Sale	2,538	5.7891  GBP
10p ordinary	Sale	1,808	5.7714  GBP
10p ordinary	Sale	1,783	5.7847  GBP
10p ordinary	Sale	1,636	5.7859  GBP
10p ordinary	Sale	1,219	5.7759  GBP
10p ordinary	Sale	1,092	5.7803  GBP
10p ordinary	Sale	1,086	5.7675  GBP
10p ordinary	Sale	1,002	5.7989  GBP
10p ordinary	Sale	993	5.7850  GBP
10p ordinary	Sale	926	5.7750  GBP
10p ordinary	Sale	788	5.7655  GBP
10p ordinary	Sale	649	5.7650  GBP
10p ordinary	Sale	636	5.7950  GBP
10p ordinary	Sale	597	5.7600  GBP
10p ordinary	Sale	588	5.7800  GBP
10p ordinary	Sale	568	5.7799  GBP
10p ordinary	Sale	545	5.7625  GBP
10p ordinary	Sale	506	5.7941  GBP
10p ordinary	Sale	17	5.7705  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Increasing Short	76,271	5.7809  GBP
10p ordinary	SWAP	Increasing Short	12,387	5.7848  GBP
10p ordinary	SWAP	Decreasing Short	44	5.7200  GBP
10p ordinary	SWAP	Decreasing Short	6,423	5.7549  GBP
10p ordinary	SWAP	Decreasing Short	22,500	5.7695  USD
10p ordinary	SWAP	Decreasing Short	3,780	5.7812  GBP
10p ordinary	SWAP	Decreasing Short	19,154	5.7818  GBP
10p ordinary	SWAP	Decreasing Short	69,163	5.7830  GBP
10p ordinary	SWAP	Decreasing Short	7,407	5.7844  GBP
10p ordinary	SWAP	Decreasing Short	1,783	5.7847  GBP
10p ordinary	SWAP	Decreasing Short	7,874	5.7872  GBP
10p ordinary	SWAP	Decreasing Short	85,393	5.7886  GBP
10p ordinary	SWAP	Decreasing Short	12,524	5.7911  GBP
10p ordinary	SWAP	Decreasing Short	8,014	5.7949  GBP
10p ordinary	SWAP	Increasing Short	631	5.7600  GBP
10p ordinary	SWAP	Increasing Short	869	5.7711  GBP
10p ordinary	SWAP	Increasing Short	33,443	5.7736  GBP
10p ordinary	SWAP	Increasing Short	135,847	5.7841  GBP
10p ordinary	SWAP	Increasing Short	13,875	5.7845  GBP
10p ordinary	SWAP	Increasing Short	278,663	5.7900  GBP
10p ordinary	SWAP	Increasing Short	637	5.7988  GBP
10p ordinary	CFD	Decreasing Short	30,000	5.7699  GBP
10p ordinary	CFD	Decreasing Short	44,762	5.7900  GBP
10p ordinary	CFD	Increasing Short	70,893	5.7896  GBP
10p ordinary	CFD	Increasing Short	852	5.7900  GBP
10p ordinary	SWAP	Increasing Short	8,497	5.7658  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  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 person 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 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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