Form 8.3 - Smith (DS) plc Replacement

FORM 8.3 - Amendment to section 2a

Replaces form released on 15:18 19/08/2024

RNS Number : 9757A

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:

16-Aug-24

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

 INTERNATIONAL PAPER COMPANY

 disclosures in respect of any other party to the offer?

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:

34,539,860

2.50%

33,525,593

2.42%

(2) Cash-settled derivatives:

11,907,622

0.86%

33,593,242

2.43%

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

0

0.00%

0

0.00%

46,447,482

3.36%

67,118,835

4.85%

 TOTAL:

(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

Purchase/sale

Number of

Price per unit

 security

 securities

10p ordinary

Purchase

2,204,039

4.6126 GBP

10p ordinary

Purchase

164,564

4.6088 GBP

10p ordinary

Purchase

130,216

4.6327 GBP

10p ordinary

Purchase

112,873

4.6374 GBP

10p ordinary

Purchase

107,252

4.5731 GBP

10p ordinary

Purchase

89,055

4.6377 GBP

10p ordinary

Purchase

80,067

4.6029 GBP

10p ordinary

Purchase

63,365

4.6000 GBP

10p ordinary

Purchase

46,700

4.6012 GBP

10p ordinary

Purchase

35,837

4.6149 GBP

10p ordinary

Purchase

34,714

4.6094 GBP

10p ordinary

Purchase

30,590

4.5810 GBP

10p ordinary

Purchase

11,281

4.5903 GBP

10p ordinary

Purchase

8,983

4.5834 GBP

10p ordinary

Purchase

5,900

4.5860 GBP

10p ordinary

Purchase

5,291

4.5760 GBP

10p ordinary

Purchase

3,690

4.5740 GBP

10p ordinary

Purchase

3,403

4.6371 GBP

10p ordinary

Purchase

3,200

4.6380 GBP

10p ordinary

Purchase

2,947

4.5850 GBP

10p ordinary

Purchase

2,319

4.5660 GBP

10p ordinary

Purchase

2,291

4.5812 GBP

10p ordinary

Purchase

2,287

4.5720 GBP

10p ordinary

Purchase

2,111

4.5880 GBP

10p ordinary

Purchase

2,111

4.5875 GBP

10p ordinary

Purchase

1,537

4.6271 GBP

10p ordinary

Purchase

1,414

4.6280 GBP

10p ordinary

Purchase

836

4.5680 GBP

10p ordinary

Purchase

669

4.5700 GBP

10p ordinary

Purchase

23

4.5747 GBP

10p ordinary

Sale

512,400

4.6123 GBP

10p ordinary

Sale

283,141

4.6340 GBP

10p ordinary

Sale

253,690

4.5740 GBP

10p ordinary

Sale

247,004

4.6280 GBP

10p ordinary

Sale

201,129

4.6344 GBP

10p ordinary

Sale

158,720

4.5890 GBP

10p ordinary

Sale

133,899

4.6322 GBP

10p ordinary

Sale

129,379

4.6320 GBP

10p ordinary

Sale

129,173

4.6053 GBP

10p ordinary

Sale

86,792

4.6385 GBP

10p ordinary

Sale

72,731

4.5996 GBP

10p ordinary

Sale

72,248

4.6165 GBP

10p ordinary

Sale

63,365

4.6000 GBP

10p ordinary

Sale

58,844

4.5952 GBP

10p ordinary

Sale

54,346

4.6188 GBP

10p ordinary

Sale

48,797

4.6310 GBP

10p ordinary

Sale

40,448

4.6380 GBP

10p ordinary

Sale

39,929

4.6381 GBP

10p ordinary

Sale

38,743

4.6116 GBP

10p ordinary

Sale

25,124

4.6207 GBP

10p ordinary

Sale

24,974

4.6131 GBP

10p ordinary

Sale

22,794

4.6054 GBP

10p ordinary

Sale

21,436

4.6333 GBP

10p ordinary

Sale

19,923

4.5985 GBP

10p ordinary

Sale

19,703

4.6276 GBP

10p ordinary

Sale

15,157

4.6281 GBP

10p ordinary

Sale

14,943

4.6214 GBP

10p ordinary

Sale

8,115

4.5719 GBP

10p ordinary

Sale

7,992

4.6321 GBP

10p ordinary

Sale

7,490

4.6147 GBP

10p ordinary

Sale

6,809

4.6339 GBP

10p ordinary

Sale

6,641

4.6374 GBP

10p ordinary

Sale

6,309

4.6062 GBP

10p ordinary

Sale

6,158

4.6077 GBP

10p ordinary

Sale

5,411

4.6162 GBP

10p ordinary

Sale

5,181

4.6013 GBP

10p ordinary

Sale

5,155

4.6311 GBP

10p ordinary

Sale

4,937

4.5879 GBP

10p ordinary

Sale

4,429

4.6373 GBP

10p ordinary

Sale

4,231

4.6343 GBP

10p ordinary

Sale

4,042

4.5660 GBP

10p ordinary

Sale

3,976

4.6010 GBP

10p ordinary

Sale

3,701

4.5700 GBP

10p ordinary

Sale

3,335

4.5721 GBP

10p ordinary

Sale

2,953

4.5862 GBP

10p ordinary

Sale

2,507

4.5898 GBP

10p ordinary

Sale

2,145

4.5720 GBP

10p ordinary

Sale

2,111

4.5880 GBP

10p ordinary

Sale

2,024

4.6059 GBP

10p ordinary

Sale

1,905

4.5785 GBP

10p ordinary

Sale

1,871

4.6213 GBP

10p ordinary

Sale

1,740

4.6358 GBP

10p ordinary

Sale

1,306

4.6363 GBP

10p ordinary

Sale

1,294

4.5760 GBP

10p ordinary

Sale

1,224

4.6337 GBP

10p ordinary

Sale

1,078

4.6400 GBP

10p ordinary

Sale

836

4.5680 GBP

10p ordinary

Sale

444

4.5650 GBP

10p ordinary

Sale

444

4.5600 GBP

10p ordinary

Sale

314

4.5910 GBP

10p ordinary

Sale

192

4.5820 GBP

(b)

Cash-settled derivative transactions

Class of

Product description

Nature of dealing

Number of

Price per

 relevant

 reference

 unit

 security

 securities

10p ordinary

CFD

Decreasing Short

12,593

4.6179 GBP

10p ordinary

CFD

Decreasing Short

4,903

4.6362 GBP

10p ordinary

CFD

Decreasing Short

6,641

4.6374 GBP

10p ordinary

CFD

Decreasing Short

6,522

4.6379 GBP

10p ordinary

CFD

Increasing Short

8,154

4.5727 GBP

10p ordinary

CFD

Increasing Short

23

4.5747 GBP

10p ordinary

CFD

Increasing Short

63,365

4.6000 GBP

10p ordinary

CFD

Increasing Short

1,178

4.6379 GBP

10p ordinary

SWAP

Increasing Long

4,429

4.6373 GBP

10p ordinary

SWAP

Decreasing Short

2,507

4.5898 GBP

10p ordinary

SWAP

Decreasing Short

28,194

4.6098 GBP

10p ordinary

SWAP

Decreasing Short

25,124

4.6207 GBP

10p ordinary

SWAP

Decreasing Short

14,649

4.6320 GBP

10p ordinary

SWAP

Decreasing Short

5,362

4.6380 GBP

10p ordinary

SWAP

Increasing Short

3,997

4.5760 GBP

10p ordinary

SWAP

Increasing Short

80,067

4.6029 GBP

10p ordinary

SWAP

Increasing Short

29,357

4.6049 GBP

10p ordinary

SWAP

Increasing Short

55,293

4.6270 GBP

10p ordinary

SWAP

Increasing Short

2

4.6300 GBP

10p ordinary

SWAP

Increasing Short

2,899

4.6380 GBP

10p ordinary

SWAP

Opening Short

30,590

4.5810 GBP

10p ordinary

SWAP

Decreasing Short

7,992

4.6321 GBP

10p ordinary

SWAP

Decreasing Short

9,748

4.6332 GBP

10p ordinary

SWAP

Decreasing Short

398

4.6380 GBP

10p ordinary

SWAP

Increasing Short

21,331

4.5964 GBP

10p ordinary

SWAP

Increasing Short

35,837

4.6149 GBP

10p ordinary

SWAP

Increasing Short

2,899

4.6380 GBP

10p ordinary

SWAP

Increasing Long

10,677

4.6200 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 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:

30-Aug-24

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213