Form 8.3 - Smith (DS) plc Replacement

FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 23/01/2025 15:21 RNS Number : 5076U

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:

23 Jan 2025

(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:

34,744,509

2.52%

29,742,681

2.15%

(2) Cash-settled derivatives:

12,551,034

0.91%

32,318,776

2.34%

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

0

0.00%

0

0.00%

TOTAL: 

47,295,543

3.43%

62,061,457

4.49%

(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

227,218

6.0290 GBP

10p ordinary

Purchase

143,836

6.0268 GBP

10p ordinary

Purchase

96,146

6.0073 GBP

10p ordinary

Purchase

72,008

6.0300 GBP

10p ordinary

Purchase

47,081

6.0279 GBP

10p ordinary

Purchase

40,264

6.0058 GBP

10p ordinary

Purchase

35,923

6.0072 GBP

10p ordinary

Purchase

34,529

6.0077 GBP

10p ordinary

Purchase

7,553

6.0090 GBP

10p ordinary

Purchase

7,527

6.0016 GBP

10p ordinary

Purchase

6,721

6.0055 GBP

10p ordinary

Purchase

5,315

6.0041 GBP

10p ordinary

Purchase

4,204

6.0120 GBP

10p ordinary

Purchase

4,025

5.9979 GBP

10p ordinary

Purchase

3,931

6.0015 GBP

10p ordinary

Purchase

3,417

6.0148 GBP

10p ordinary

Purchase

2,255

6.0088 GBP

10p ordinary

Purchase

1,887

6.0051 GBP

10p ordinary

Purchase

1,858

5.9965 GBP

10p ordinary

Purchase

1,824

6.0125 GBP

10p ordinary

Purchase

1,814

6.0027 GBP

10p ordinary

Purchase

1,609

6.0086 GBP

10p ordinary

Purchase

1,119

5.9969 GBP

10p ordinary

Purchase

945

5.9950 GBP

10p ordinary

Purchase

702

6.0075 GBP

10p ordinary

Purchase

580

5.9975 GBP

10p ordinary

Purchase

563

6.0050 GBP

10p ordinary

Purchase

219

5.9900 GBP

10p ordinary

Purchase

23

6.0200 GBP

10p ordinary

Purchase

8

6.0079 GBP

10p ordinary

Sale

122,687

6.0300 GBP

10p ordinary

Sale

103,196

6.0224 GBP

10p ordinary

Sale

87,000

6.0119 GBP

10p ordinary

Sale

63,485

6.0222 GBP

10p ordinary

Sale

47,081

6.0279 GBP

10p ordinary

Sale

37,897

6.0306 GBP

10p ordinary

Sale

34,964

6.0204 GBP

10p ordinary

Sale

25,276

6.0056 GBP

10p ordinary

Sale

20,734

6.0029 GBP

10p ordinary

Sale

16,853

6.0025 GBP

10p ordinary

Sale

15,343

6.0035 GBP

10p ordinary

Sale

13,507

6.0095 GBP

10p ordinary

Sale

12,396

6.0075 GBP

10p ordinary

Sale

9,271

6.0094 GBP

10p ordinary

Sale

6,698

6.0239 GBP

10p ordinary

Sale

5,966

6.0068 GBP

10p ordinary

Sale

5,709

6.0299 GBP

10p ordinary

Sale

5,436

6.0065 GBP

10p ordinary

Sale

4,793

6.0010 GBP

10p ordinary

Sale

4,745

6.0017 GBP

10p ordinary

Sale

4,271

6.0020 GBP

10p ordinary

Sale

3,513

5.9999 GBP

10p ordinary

Sale

2,633

5.9977 GBP

10p ordinary

Sale

1,936

6.0150 GBP

10p ordinary

Sale

1,893

6.0026 GBP

10p ordinary

Sale

1,499

6.0092 GBP

10p ordinary

Sale

1,275

5.9956 GBP

10p ordinary

Sale

1,141

6.0045 GBP

10p ordinary

Sale

1,134

5.9900 GBP

10p ordinary

Sale

616

5.9950 GBP

10p ordinary

Sale

579

6.0132 GBP

10p ordinary

Sale

563

6.0050 GBP

10p ordinary

Sale

548

5.9975 GBP

10p ordinary

Sale

456

5.9899 GBP

10p ordinary

Sale

352

6.0106 GBP

10p ordinary

Sale

23

6.0200 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

Decreasing Short

302

5.9950 GBP

10p ordinary

SWAP

Decreasing Short

1,141

6.0045 GBP

10p ordinary

SWAP

Decreasing Short

25,276

6.0056 GBP

10p ordinary

SWAP

Decreasing Short

5,966

6.0068 GBP

10p ordinary

SWAP

Decreasing Short

9,720

6.0076 GBP

10p ordinary

SWAP

Decreasing Short

13,507

6.0095 GBP

10p ordinary

SWAP

Decreasing Short

352

6.0106 GBP

10p ordinary

SWAP

Decreasing Short

57,952

6.0116 GBP

10p ordinary

SWAP

Decreasing Short

87,000

6.0119 USD

10p ordinary

SWAP

Decreasing Short

34,964

6.0205 GBP

10p ordinary

SWAP

Decreasing Short

33,300

6.0262 GBP

10p ordinary

SWAP

Decreasing Short

45,121

6.0300 GBP

10p ordinary

SWAP

Increasing Short

219

5.9900 GBP

10p ordinary

SWAP

Increasing Short

1,814

6.0027 GBP

10p ordinary

SWAP

Increasing Short

20

6.0050 GBP

10p ordinary

SWAP

Increasing Short

35,923

6.0072 GBP

10p ordinary

SWAP

Increasing Short

96,146

6.0073 GBP

10p ordinary

SWAP

Increasing Short

16,975

6.0074 GBP

10p ordinary

SWAP

Increasing Short

327

6.0075 GBP

10p ordinary

SWAP

Increasing Short

30,303

6.0083 GBP

10p ordinary

SWAP

Increasing Short

131,309

6.0135 GBP

10p ordinary

SWAP

Increasing Short

3,417

6.0148 GBP

10p ordinary

SWAP

Increasing Short

42,369

6.0297 GBP

10p ordinary

SWAP

Increasing Short

1,501

6.0300 GBP

10p ordinary

SWAP

Increasing Short

20,000

6.0315 GBP

10p ordinary

CFD

Decreasing Short

30,000

6.0009 GBP

10p ordinary

CFD

Decreasing Short

563

6.0050 GBP

10p ordinary

CFD

Increasing Short

3,413

6.0098 GBP

10p ordinary

CFD

Increasing Short

47,081

6.0279 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:

29 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213