Form 8.3 - Smith (DS) plc Replacement

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

Replaces form released on 15:15 18/07/2024

RNS Number : 9936W

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:

17-Jul-24

(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 CO

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:

38,014,715

2.75%

26,231,711

1.90%

(2) Cash-settled derivatives:

7,721,797

0.55%

37,354,538

2.70%

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

0

0.00%

0

0.00%

45,736,512

3.30%

63,586,249

4.60%

 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

232,769

4.4123 GBP

10p ordinary

Purchase

193,046

4.4200 GBP

10p ordinary

Purchase

146,860

4.4166 GBP

10p ordinary

Purchase

138,200

4.3936 GBP

10p ordinary

Purchase

104,392

4.3760 GBP

10p ordinary

Purchase

81,138

4.3752 GBP

10p ordinary

Purchase

63,530

4.3787 GBP

10p ordinary

Purchase

52,231

4.3757 GBP

10p ordinary

Purchase

49,497

4.3780 GBP

10p ordinary

Purchase

41,373

4.3720 GBP

10p ordinary

Purchase

27,778

4.3800 GBP

10p ordinary

Purchase

25,898

4.3786 GBP

10p ordinary

Purchase

25,119

4.3759 GBP

10p ordinary

Purchase

23,021

4.4076 GBP

10p ordinary

Purchase

21,785

4.4118 GBP

10p ordinary

Purchase

17,491

4.3756 GBP

10p ordinary

Purchase

16,919

4.3733 GBP

10p ordinary

Purchase

12,935

4.3772 GBP

10p ordinary

Purchase

9,693

4.3771 GBP

10p ordinary

Purchase

9,145

4.3806 GBP

10p ordinary

Purchase

7,823

4.3817 GBP

10p ordinary

Purchase

7,327

4.3791 GBP

10p ordinary

Purchase

5,989

4.3982 GBP

10p ordinary

Purchase

4,346

4.3855 GBP

10p ordinary

Purchase

4,339

4.3788 GBP

10p ordinary

Purchase

4,055

4.4144 GBP

10p ordinary

Purchase

3,346

4.3821 GBP

10p ordinary

Purchase

3,329

4.3819 GBP

10p ordinary

Purchase

2,877

4.3761 GBP

10p ordinary

Purchase

2,765

4.3598 GBP

10p ordinary

Purchase

2,184

4.3600 GBP

10p ordinary

Purchase

2,015

4.3792 GBP

10p ordinary

Purchase

2,007

4.3960 GBP

10p ordinary

Purchase

1,895

4.3724 GBP

10p ordinary

Purchase

1,871

4.3965 GBP

10p ordinary

Purchase

1,775

4.3981 GBP

10p ordinary

Purchase

1,750

4.3740 GBP

10p ordinary

Purchase

1,702

4.3715 GBP

10p ordinary

Purchase

1,695

4.3987 GBP

10p ordinary

Purchase

1,448

4.4052 GBP

10p ordinary

Purchase

1,206

4.3640 GBP

10p ordinary

Purchase

1,092

4.3610 GBP

10p ordinary

Purchase

1,009

4.3813 GBP

10p ordinary

Purchase

839

4.4286 GBP

10p ordinary

Purchase

767

4.4087 GBP

10p ordinary

Purchase

300

4.3820 GBP

10p ordinary

Purchase

1

4.4000 GBP

10p ordinary

Sale

314,800

4.4159 GBP

10p ordinary

Sale

201,828

4.4123 GBP

10p ordinary

Sale

183,362

4.3726 GBP

10p ordinary

Sale

136,483

4.4116 GBP

10p ordinary

Sale

133,810

4.4200 GBP

10p ordinary

Sale

125,975

4.4202 GBP

10p ordinary

Sale

114,155

4.4081 GBP

10p ordinary

Sale

75,203

4.3791 GBP

10p ordinary

Sale

60,241

4.4042 GBP

10p ordinary

Sale

57,404

4.4094 GBP

10p ordinary

Sale

50,287

4.3969 GBP

10p ordinary

Sale

44,139

4.3949 GBP

10p ordinary

Sale

31,599

4.3854 GBP

10p ordinary

Sale

24,802

4.3160 GBP

10p ordinary

Sale

23,818

4.3934 GBP

10p ordinary

Sale

22,538

4.3975 GBP

10p ordinary

Sale

17,210

4.3904 GBP

10p ordinary

Sale

17,174

4.3939 GBP

10p ordinary

Sale

15,403

4.4014 GBP

10p ordinary

Sale

13,836

4.3960 GBP

10p ordinary

Sale

12,935

4.3772 GBP

10p ordinary

Sale

10,046

4.3770 GBP

10p ordinary

Sale

9,145

4.3806 GBP

10p ordinary

Sale

7,936

4.3762 GBP

10p ordinary

Sale

7,927

4.3828 GBP

10p ordinary

Sale

7,823

4.3817 GBP

10p ordinary

Sale

7,195

4.3851 GBP

10p ordinary

Sale

6,118

4.4193 GBP

10p ordinary

Sale

4,576

4.3664 GBP

10p ordinary

Sale

4,339

4.3788 GBP

10p ordinary

Sale

3,870

4.3619 GBP

10p ordinary

Sale

3,329

4.3819 GBP

10p ordinary

Sale

2,772

4.3907 GBP

10p ordinary

Sale

2,707

4.3964 GBP

10p ordinary

Sale

2,123

4.3734 GBP

10p ordinary

Sale

1,857

4.3754 GBP

10p ordinary

Sale

1,420

4.3900 GBP

10p ordinary

Sale

1,016

4.3875 GBP

10p ordinary

Sale

847

4.4259 GBP

10p ordinary

Sale

650

4.3800 GBP

10p ordinary

Sale

4

4.3740 GBP

10p ordinary

Sale

567732

4.4032 GBP

10p ordinary

Sale

134240

4.3954 GBP

10p ordinary

Sale

43982

4.3927 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

2,541

4.3737 GBP

10p ordinary

CFD

Decreasing Short

2,650

4.3819 GBP

10p ordinary

CFD

Decreasing Short

644

4.3820 GBP

10p ordinary

CFD

Decreasing Short

15,279

4.4200 GBP

10p ordinary

CFD

Increasing Short

2,650

4.3819 GBP

10p ordinary

CFD

Increasing Short

644

4.3820 GBP

10p ordinary

CFD

Increasing Short

138,004

4.4200 GBP

10p ordinary

SWAP

Decreasing Long

442

4.4073 GBP

10p ordinary

SWAP

Increasing Long

6,118

4.4193 GBP

10p ordinary

SWAP

Decreasing Short

4,576

4.3664 GBP

10p ordinary

SWAP

Decreasing Short

2,123

4.3734 GBP

10p ordinary

SWAP

Decreasing Short

1,857

4.3754 GBP

10p ordinary

SWAP

Decreasing Short

48,173

4.3979 GBP

10p ordinary

SWAP

Decreasing Short

201,828

4.4124 GBP

10p ordinary

SWAP

Decreasing Short

48,204

4.4166 GBP

10p ordinary

SWAP

Decreasing Short

113,126

4.4200 GBP

10p ordinary

SWAP

Increasing Short

1,895

4.3724 GBP

10p ordinary

SWAP

Increasing Short

25,119

4.3759 GBP

10p ordinary

SWAP

Increasing Short

2,877

4.3761 GBP

10p ordinary

SWAP

Increasing Short

1,009

4.3813 GBP

10p ordinary

SWAP

Increasing Short

585

4.3940 GBP

10p ordinary

SWAP

Increasing Short

15,188

4.4183 GBP

10p ordinary

SWAP

Increasing Long

57,404

4.4094 GBP

10p ordinary

SWAP

Decreasing Long

895

4.3820 GBP

10p ordinary

SWAP

Decreasing Long

2,451

4.3822 GBP

10p ordinary

SWAP

Decreasing Long

839

4.4286 GBP

10p ordinary

SWAP

Decreasing Long

100,000

4.3765 GBP

10p ordinary

SWAP

Decreasing Long

100,000

4.3789 GBP

10p ordinary

SWAP

Decreasing Short

24,802

4.3161 GBP

10p ordinary

SWAP

Decreasing Short

32,963

4.3983 GBP

10p ordinary

SWAP

Decreasing Short

60,241

4.4042 GBP

10p ordinary

SWAP

Decreasing Short

81,654

4.4200 GBP

10p ordinary

SWAP

Decreasing Short

746

4.1191 GBP

10p ordinary

SWAP

Decreasing Long

39,774

4.1191 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:

07-Aug-24

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213