Form 8.3 - Smith (DS) plc Replacement

FORM 8.3 - Amendment to 3b

Replaces form Released at 10/09/2024 07:09 RNS Number : 5482D

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:

05-Sep-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:

32,983,334

2.39%

28,558,457

2.07%

(2) Cash-settled derivatives:

11,135,542

0.81%

32,685,604

2.37%

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

0

0.00%

0

0.00%

44,118,876

3.20%

61,244,061

4.44%

 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

190,169

4.5014 GBP

10p ordinary

Purchase

127,775

4.4937 GBP

10p ordinary

Purchase

94,283

4.4940 GBP

10p ordinary

Purchase

79,857

4.5148 GBP

10p ordinary

Purchase

49,026

4.5210 GBP

10p ordinary

Purchase

43,948

4.5157 GBP

10p ordinary

Purchase

31,183

4.5133 GBP

10p ordinary

Purchase

9,999

4.5032 GBP

10p ordinary

Purchase

8,863

4.5140 GBP

10p ordinary

Purchase

8,033

4.4970 GBP

10p ordinary

Purchase

7,947

4.5007 GBP

10p ordinary

Purchase

4,500

4.5719 GBP

10p ordinary

Purchase

4,394

4.5069 GBP

10p ordinary

Purchase

4,374

4.4946 GBP

10p ordinary

Purchase

4,156

4.5123 GBP

10p ordinary

Purchase

3,689

4.5153 GBP

10p ordinary

Purchase

3,198

4.4960 GBP

10p ordinary

Purchase

2,495

4.5103 GBP

10p ordinary

Purchase

1,414

4.5440 GBP

10p ordinary

Purchase

1,317

4.5040 GBP

10p ordinary

Purchase

255

4.5107 GBP

10p ordinary

Purchase

226

4.5080 GBP

10p ordinary

Purchase

89

4.4900 GBP

10p ordinary

Purchase

88

4.4980 GBP

10p ordinary

Sale

168,052

4.5109 GBP

10p ordinary

Sale

162,537

4.4960 GBP

10p ordinary

Sale

111,217

4.5232 GBP

10p ordinary

Sale

82,313

4.5093 GBP

10p ordinary

Sale

34,143

4.4985 GBP

10p ordinary

Sale

33,156

4.4940 GBP

10p ordinary

Sale

27,804

4.4972 GBP

10p ordinary

Sale

26,934

4.5177 GBP

10p ordinary

Sale

24,198

4.5157 GBP

10p ordinary

Sale

20,655

4.5162 GBP

10p ordinary

Sale

13,321

4.5155 GBP

10p ordinary

Sale

7,947

4.5007 GBP

10p ordinary

Sale

7,363

4.5169 GBP

10p ordinary

Sale

6,963

4.5140 GBP

10p ordinary

Sale

6,274

4.5167 GBP

10p ordinary

Sale

5,987

4.5249 GBP

10p ordinary

Sale

3,977

4.5227 GBP

10p ordinary

Sale

3,779

4.5215 GBP

10p ordinary

Sale

2,481

4.5254 GBP

10p ordinary

Sale

1,944

4.5130 GBP

10p ordinary

Sale

1,072

4.5260 GBP

10p ordinary

Sale

908

4.5105 GBP

10p ordinary

Sale

581

4.5750 GBP

10p ordinary

Sale

315

4.5030 GBP

10p ordinary

Sale

226

4.5080 GBP

10p ordinary

Sale

149

4.5070 GBP

10p ordinary

Sale

97

4.5180 GBP

10p ordinary

Sale

89

4.4900 GBP

(b)

Cash-settled derivative transactions

Class of

Product description

Nature of dealing

Number of

Price per

 relevant

 reference

 unit

 security

 securities

10p ordinary

SWAP

Increasing Short

15,534

4.5046 GBP

10p ordinary

SWAP

Decreasing Short

27,148

4.4937 GBP

10p ordinary

SWAP

Decreasing Short

23,256

4.4940 GBP

10p ordinary

SWAP

Decreasing Short

34,143

4.4985 GBP

10p ordinary

SWAP

Decreasing Short

82,313

4.5093 GBP

10p ordinary

SWAP

Decreasing Short

17,142

4.5102 GBP

10p ordinary

SWAP

Decreasing Short

110,286

4.5143 GBP

10p ordinary

SWAP

Decreasing Short

26,563

4.5147 GBP

10p ordinary

SWAP

Decreasing Short

7,984

4.5148 GBP

10p ordinary

SWAP

Decreasing Short

13,692

4.5174 GBP

10p ordinary

SWAP

Decreasing Short

139,021

4.5180 GBP

10p ordinary

SWAP

Decreasing Short

3,977

4.5227 GBP

10p ordinary

SWAP

Increasing Short

44,950

4.4940 GBP

10p ordinary

SWAP

Increasing Short

99,932

4.4941 GBP

10p ordinary

SWAP

Increasing Short

4,374

4.4946 GBP

10p ordinary

SWAP

Increasing Short

352

4.4976 GBP

10p ordinary

SWAP

Increasing Short

9,999

4.5032 GBP

10p ordinary

SWAP

Increasing Short

4,394

4.5069 GBP

10p ordinary

SWAP

Increasing Short

4,156

4.5123 GBP

10p ordinary

SWAP

Increasing Short

79,857

4.5148 GBP

10p ordinary

SWAP

Increasing Short

43,948

4.5157 GBP

10p ordinary

SWAP

Increasing Short

50,431

4.5190 GBP

10p ordinary

SWAP

Increasing Short

1,414

4.5440 GBP

10p ordinary

CFD

Decreasing Short

15,894

4.5007 GBP

10p ordinary

CFD

Decreasing Short

1,113

4.5144 GBP

10p ordinary

CFD

Decreasing Short

113

4.5679 GBP

10p ordinary

CFD

Decreasing Short

2,441

4.5680 GBP

10p ordinary

CFD

Increasing Short

35,119

4.4940 GBP

10p ordinary

CFD

Increasing Short

6,963

4.5139 GBP

10p ordinary

CFD

Increasing Short

113

4.5679 GBP

10p ordinary

CFD

Increasing Short

2,441

4.5680 GBP

10p ordinary

CFD

Increasing Short

7,947

4.5008 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:

02-Oct-24

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213