Form 8.3 - Smith (DS) plc Replacement

FORM 8.3 - Amendment to section 2a, 3a and 3b

Replaces form released on 14:53 16/08/2024

RNS Number : 8135A

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:

15-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:

35,254,746

2.55%

34,492,912

2.49%

(2) Cash-settled derivatives:

11,892,859

0.86%

33,383,226

2.41%

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

0

0.00%

0

0.00%

47,147,605

3.41%

67,876,138

4.90%

 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

189,756

4.5600 GBP

10p ordinary

Purchase

145,495

4.5588 GBP

10p ordinary

Purchase

121,878

4.6104 GBP

10p ordinary

Purchase

97,724

4.6200 GBP

10p ordinary

Purchase

80,007

4.5726 GBP

10p ordinary

Purchase

77,578

4.6027 GBP

10p ordinary

Purchase

70,499

4.5960 GBP

10p ordinary

Purchase

56,224

4.6098 GBP

10p ordinary

Purchase

55,558

4.5543 GBP

10p ordinary

Purchase

53,432

4.6146 GBP

10p ordinary

Purchase

51,442

4.5860 GBP

10p ordinary

Purchase

33,673

4.6195 GBP

10p ordinary

Purchase

29,877

4.6145 GBP

10p ordinary

Purchase

28,647

4.5932 GBP

10p ordinary

Purchase

22,826

4.5432 GBP

10p ordinary

Purchase

20,445

4.5333 GBP

10p ordinary

Purchase

14,927

4.5426 GBP

10p ordinary

Purchase

11,402

4.5591 GBP

10p ordinary

Purchase

10,708

4.5403 GBP

10p ordinary

Purchase

9,772

4.5911 GBP

10p ordinary

Purchase

8,884

4.5670 GBP

10p ordinary

Purchase

7,913

4.5307 GBP

10p ordinary

Purchase

6,382

4.5378 GBP

10p ordinary

Purchase

6,031

4.5789 GBP

10p ordinary

Purchase

4,918

4.5538 GBP

10p ordinary

Purchase

4,461

4.5523 GBP

10p ordinary

Purchase

3,391

4.5839 GBP

10p ordinary

Purchase

2,532

4.5754 GBP

10p ordinary

Purchase

2,493

4.5834 GBP

10p ordinary

Purchase

1,874

4.5947 GBP

10p ordinary

Purchase

1,737

4.5411 GBP

10p ordinary

Purchase

1,613

4.5864 GBP

10p ordinary

Purchase

1,294

4.5590 GBP

10p ordinary

Purchase

1,209

4.5427 GBP

10p ordinary

Purchase

1,085

4.5320 GBP

10p ordinary

Purchase

1,085

4.5520 GBP

10p ordinary

Purchase

1,066

4.5266 GBP

10p ordinary

Purchase

1,000

4.5800 GBP

10p ordinary

Purchase

975

4.6240 GBP

10p ordinary

Purchase

710

4.6180 GBP

10p ordinary

Purchase

412

4.5780 GBP

10p ordinary

Purchase

240

4.6280 GBP

10p ordinary

Purchase

235

4.6600 GBP

10p ordinary

Purchase

170

4.5380 GBP

10p ordinary

Purchase

72

4.5300 GBP

10p ordinary

Purchase

84,442

4.5726 GBP

10p ordinary

Purchase

832,000

4.5866 GBP

10p ordinary

Sale

200,000

4.5434 GBP

10p ordinary

Sale

158,577

4.6272 GBP

10p ordinary

Sale

128,850

4.6223 GBP

10p ordinary

Sale

121,591

4.6225 GBP

10p ordinary

Sale

106,061

4.6202 GBP

10p ordinary

Sale

91,977

4.6321 GBP

10p ordinary

Sale

91,130

4.6290 GBP

10p ordinary

Sale

88,754

4.6200 GBP

10p ordinary

Sale

74,916

4.5976 GBP

10p ordinary

Sale

69,239

4.6246 GBP

10p ordinary

Sale

59,713

4.6351 GBP

10p ordinary

Sale

57,400

4.6132 GBP

10p ordinary

Sale

54,878

4.6252 GBP

10p ordinary

Sale

35,311

4.5753 GBP

10p ordinary

Sale

30,781

4.6214 GBP

10p ordinary

Sale

30,019

4.5600 GBP

10p ordinary

Sale

28,254

4.6185 GBP

10p ordinary

Sale

23,412

4.6190 GBP

10p ordinary

Sale

19,875

4.6504 GBP

10p ordinary

Sale

17,934

4.6273 GBP

10p ordinary

Sale

14,825

4.5900 GBP

10p ordinary

Sale

8,623

4.5728 GBP

10p ordinary

Sale

4,373

4.6357 GBP

10p ordinary

Sale

3,919

4.5768 GBP

10p ordinary

Sale

3,445

4.6244 GBP

10p ordinary

Sale

3,031

4.6300 GBP

10p ordinary

Sale

2,454

4.6220 GBP

10p ordinary

Sale

2,175

4.5464 GBP

10p ordinary

Sale

2,050

4.6529 GBP

10p ordinary

Sale

2,046

4.5504 GBP

10p ordinary

Sale

1,899

4.5840 GBP

10p ordinary

Sale

1,515

4.6336 GBP

10p ordinary

Sale

1,479

4.5619 GBP

10p ordinary

Sale

1,342

4.6270 GBP

10p ordinary

Sale

1,315

4.6540 GBP

10p ordinary

Sale

1,010

4.5770 GBP

10p ordinary

Sale

987

4.5622 GBP

10p ordinary

Sale

975

4.6240 GBP

10p ordinary

Sale

943

4.5835 GBP

10p ordinary

Sale

840

4.6320 GBP

10p ordinary

Sale

785

4.5500 GBP

10p ordinary

Sale

710

4.6180 GBP

10p ordinary

Sale

673

4.5280 GBP

10p ordinary

Sale

311

4.6040 GBP

10p ordinary

Sale

235

4.6600 GBP

10p ordinary

Sale

4

4.5540 GBP

10p ordinary

Sale

1,100,000

4.5871 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

1,084

4.6026 GBP

10p ordinary

CFD

Decreasing Short

36,711

4.6200 GBP

10p ordinary

CFD

Decreasing Short

8,177

4.6496 GBP

10p ordinary

CFD

Increasing Short

2,550

4.5612 GBP

10p ordinary

CFD

Increasing Short

41,965

4.6200 GBP

10p ordinary

SWAP

Decreasing Long

70,499

4.5960 GBP

10p ordinary

SWAP

Increasing Long

22,412

4.6190 GBP

10p ordinary

SWAP

Decreasing Short

2,175

4.5464 GBP

10p ordinary

SWAP

Decreasing Short

785

4.5500 GBP

10p ordinary

SWAP

Decreasing Short

31,992

4.6200 GBP

10p ordinary

SWAP

Decreasing Short

91,977

4.6321 GBP

10p ordinary

SWAP

Increasing Short

61

4.4800 GBP

10p ordinary

SWAP

Increasing Short

170

4.5380 GBP

10p ordinary

SWAP

Increasing Short

4,461

4.5523 GBP

10p ordinary

SWAP

Increasing Short

80,007

4.5726 GBP

10p ordinary

SWAP

Increasing Short

14,037

4.6110 GBP

10p ordinary

SWAP

Increasing Long

19,875

4.6504 GBP

10p ordinary

SWAP

Decreasing Long

22,826

4.5432 GBP

10p ordinary

SWAP

Decreasing Short

158,577

4.6272 GBP

10p ordinary

SWAP

Decreasing Short

19,667

4.6200 GBP

10p ordinary

SWAP

Decreasing Short

59,713

4.6351 GBP

10p ordinary

SWAP

Increasing Short

11,402

4.5591 GBP

10p ordinary

SWAP

Increasing Long

3,488

4.5680 GBP

10p ordinary

SWAP

Increasing Short

145,495

4.5680 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