Form 8.3 - Smith (DS) plc

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 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:

22 Aug 2024

(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:

33,288,803

2.41%

28,735,957

2.08%

(2) Cash-settled derivatives:

11,129,049

0.81%

33,347,083

2.42%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

44,417,852

3.22%

62,083,040

4.50%

(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

599,777

4.7200 GBP

10p ordinary

Purchase

68,676

4.7101 GBP

10p ordinary

Purchase

65,541

4.7092 GBP

10p ordinary

Purchase

37,465

4.7105 GBP

10p ordinary

Purchase

34,696

4.7115 GBP

10p ordinary

Purchase

29,380

4.7140 GBP

10p ordinary

Purchase

29,100

4.7081 GBP

10p ordinary

Purchase

21,216

4.7098 GBP

10p ordinary

Purchase

18,481

4.7129 GBP

10p ordinary

Purchase

15,645

4.7073 GBP

10p ordinary

Purchase

11,159

4.7137 GBP

10p ordinary

Purchase

10,415

4.7030 GBP

10p ordinary

Purchase

5,930

4.7124 GBP

10p ordinary

Purchase

5,506

4.6914 GBP

10p ordinary

Purchase

5,297

4.6924 GBP

10p ordinary

Purchase

5,200

4.7100 GBP

10p ordinary

Purchase

4,765

4.6940 GBP

10p ordinary

Purchase

4,436

4.7044 GBP

10p ordinary

Purchase

4,098

4.7076 GBP

10p ordinary

Purchase

3,488

4.7207 GBP

10p ordinary

Purchase

3,192

4.7120 GBP

10p ordinary

Purchase

2,794

4.7032 GBP

10p ordinary

Purchase

2,756

4.7012 GBP

10p ordinary

Purchase

2,630

4.7062 GBP

10p ordinary

Purchase

2,125

4.7232 GBP

10p ordinary

Purchase

1,953

4.6933 GBP

10p ordinary

Purchase

1,918

4.7123 GBP

10p ordinary

Purchase

1,761

4.7104 GBP

10p ordinary

Purchase

1,452

4.6931 GBP

10p ordinary

Purchase

1,293

4.7039 GBP

10p ordinary

Purchase

862

4.7180 GBP

10p ordinary

Purchase

843

4.6960 GBP

10p ordinary

Purchase

664

4.6980 GBP

10p ordinary

Purchase

598

4.7020 GBP

10p ordinary

Purchase

430

4.7160 GBP

10p ordinary

Purchase

158

4.7147 GBP

10p ordinary

Purchase

31

4.7135 GBP

10p ordinary

Sale

169,542

4.7140 GBP

10p ordinary

Sale

55,606

4.7012 GBP

10p ordinary

Sale

30,187

4.7112 GBP

10p ordinary

Sale

17,199

4.6956 GBP

10p ordinary

Sale

10,138

4.7094 GBP

10p ordinary

Sale

7,438

4.7082 GBP

10p ordinary

Sale

5,408

4.7038 GBP

10p ordinary

Sale

5,297

4.6930 GBP

10p ordinary

Sale

4,649

4.7142 GBP

10p ordinary

Sale

4,288

4.7173 GBP

10p ordinary

Sale

3,290

4.6910 GBP

10p ordinary

Sale

1,387

4.6925 GBP

10p ordinary

Sale

1,154

4.6959 GBP

10p ordinary

Sale

430

4.7160 GBP

10p ordinary

Sale

91

4.7141 GBP

10p ordinary

Sale

65

4.7184 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

Opening Short

21,094

4.7080 GBP

10p ordinary

CFD

Decreasing Short

218

4.7140 GBP

10p ordinary

CFD

Increasing Short

30,000

4.7121 GBP

10p ordinary

CFD

Increasing Short

218

4.7140 GBP

10p ordinary

CFD

Increasing Short

430

4.7160 GBP

10p ordinary

CFD

Increasing Short

13,767

4.7198 GBP

10p ordinary

SWAP

Decreasing Long

599,112

4.7200 GBP

10p ordinary

SWAP

Decreasing Short

55,606

4.7012 GBP

10p ordinary

SWAP

Decreasing Short

10,138

4.7094 GBP

10p ordinary

SWAP

Decreasing Short

94,835

4.7140 GBP

10p ordinary

SWAP

Decreasing Short

4,288

4.7173 GBP

10p ordinary

SWAP

Increasing Short

13,108

4.7083 GBP

10p ordinary

SWAP

Increasing Short

68,676

4.7101 GBP

10p ordinary

SWAP

Increasing Short

1,761

4.7104 GBP

10p ordinary

SWAP

Increasing Short

2,899

4.7140 GBP

10p ordinary

SWAP

Increasing Short

375

4.7340 GBP

10p ordinary

SWAP

Increasing Short

29,100

4.7081 GBP

10p ordinary

SWAP

Decreasing Short

1,154

4.6960 GBP

10p ordinary

SWAP

Decreasing Short

49,212

4.7140 GBP

10p ordinary

SWAP

Increasing Short

8,320

4.7080 GBP

10p ordinary

SWAP

Increasing Short

37,465

4.7105 GBP

10p ordinary

SWAP

Increasing Short

2,899

4.7140 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:

23 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213