Form 8.3 - Smith (DS) plc Replacement

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

Replaces form released on 14:47 22/08/2024

RNS Number : 4755B

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:

21-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:

33,344,698

2.41%

29,481,414

2.13%

(2) Cash-settled derivatives:

11,728,161

0.84%

33,412,422

2.42%

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

0

0.00%

0

0.00%

45,072,859

3.25%

62,893,836

4.55%

 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

502,072

4.7200 GBP

10p ordinary

Purchase

99,753

4.7039 GBP

10p ordinary

Purchase

77,410

4.6933 GBP

10p ordinary

Purchase

76,676

4.7038 GBP

10p ordinary

Purchase

70,906

4.7036 GBP

10p ordinary

Purchase

39,429

4.7076 GBP

10p ordinary

Purchase

36,497

4.7019 GBP

10p ordinary

Purchase

33,903

4.7197 GBP

10p ordinary

Purchase

27,783

4.7143 GBP

10p ordinary

Purchase

14,314

4.6950 GBP

10p ordinary

Purchase

11,437

4.7030 GBP

10p ordinary

Purchase

11,332

4.6825 GBP

10p ordinary

Purchase

9,347

4.6851 GBP

10p ordinary

Purchase

6,851

4.7007 GBP

10p ordinary

Purchase

6,471

4.7017 GBP

10p ordinary

Purchase

6,255

4.7060 GBP

10p ordinary

Purchase

4,228

4.7011 GBP

10p ordinary

Purchase

3,971

4.6998 GBP

10p ordinary

Purchase

3,761

4.6917 GBP

10p ordinary

Purchase

3,566

4.7193 GBP

10p ordinary

Purchase

3,135

4.7140 GBP

10p ordinary

Purchase

2,934

4.6846 GBP

10p ordinary

Purchase

2,719

4.6860 GBP

10p ordinary

Purchase

2,274

4.6915 GBP

10p ordinary

Purchase

2,000

4.7000 GBP

10p ordinary

Purchase

1,977

4.6910 GBP

10p ordinary

Purchase

1,815

4.7088 GBP

10p ordinary

Purchase

1,659

4.6940 GBP

10p ordinary

Purchase

1,326

4.6838 GBP

10p ordinary

Purchase

1,297

4.7160 GBP

10p ordinary

Purchase

1,287

4.7259 GBP

10p ordinary

Purchase

1,266

4.6881 GBP

10p ordinary

Purchase

1,170

4.6817 GBP

10p ordinary

Purchase

1,034

4.7135 GBP

10p ordinary

Purchase

805

4.6840 GBP

10p ordinary

Purchase

751

4.7191 GBP

10p ordinary

Purchase

668

4.6930 GBP

10p ordinary

Purchase

367

4.7180 GBP

10p ordinary

Purchase

145

4.6786 GBP

10p ordinary

Purchase

71

4.6827 GBP

10p ordinary

Purchase

6

4.6886 GBP

10p ordinary

Purchase

2

4.7040 GBP

10p ordinary

Sale

248,203

4.7038 GBP

10p ordinary

Sale

207,239

4.6910 GBP

10p ordinary

Sale

175,715

4.7192 GBP

10p ordinary

Sale

139,529

4.7200 GBP

10p ordinary

Sale

33,686

4.7065 GBP

10p ordinary

Sale

27,783

4.7143 GBP

10p ordinary

Sale

18,578

4.7202 GBP

10p ordinary

Sale

18,442

4.6994 GBP

10p ordinary

Sale

17,664

4.6919 GBP

10p ordinary

Sale

14,051

4.6832 GBP

10p ordinary

Sale

11,292

4.7071 GBP

10p ordinary

Sale

7,113

4.7098 GBP

10p ordinary

Sale

6,250

4.7060 GBP

10p ordinary

Sale

4,791

4.7207 GBP

10p ordinary

Sale

3,803

4.6965 GBP

10p ordinary

Sale

3,761

4.6917 GBP

10p ordinary

Sale

3,601

4.6976 GBP

10p ordinary

Sale

3,549

4.6900 GBP

10p ordinary

Sale

2,610

4.7118 GBP

10p ordinary

Sale

2,608

4.7019 GBP

10p ordinary

Sale

805

4.6840 GBP

10p ordinary

Sale

753

4.6740 GBP

10p ordinary

Sale

685

4.6820 GBP

10p ordinary

Sale

589

4.7140 GBP

10p ordinary

Sale

31

4.7000 GBP

10p ordinary

Sale

2

4.6940 GBP

10p ordinary

Sale

80,000

4.6899 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

Opening Short

28,835

4.6994 GBP

10p ordinary

CFD

Decreasing Short

9,395

4.7093 GBP

10p ordinary

CFD

Decreasing Short

25,938

4.7200 GBP

10p ordinary

CFD

Increasing Short

71

4.6828 GBP

10p ordinary

CFD

Increasing Short

2,517

4.6996 GBP

10p ordinary

CFD

Increasing Short

41,415

4.7082 GBP

10p ordinary

CFD

Increasing Short

2,439

4.7200 GBP

10p ordinary

SWAP

Decreasing Long

8,035

4.7206 GBP

10p ordinary

SWAP

Decreasing Long

3,880

4.7207 GBP

10p ordinary

SWAP

Decreasing Short

17,987

4.7035 GBP

10p ordinary

SWAP

Decreasing Short

33,686

4.7065 GBP

10p ordinary

SWAP

Decreasing Short

2,610

4.7118 GBP

10p ordinary

SWAP

Decreasing Short

18,402

4.7200 GBP

10p ordinary

SWAP

Increasing Short

5,947

4.6837 GBP

10p ordinary

SWAP

Increasing Short

36,497

4.7019 GBP

10p ordinary

SWAP

Increasing Short

1,815

4.7088 GBP

10p ordinary

SWAP

Increasing Short

170

4.7140 GBP

10p ordinary

SWAP

Increasing Short

22,977

4.7196 GBP

10p ordinary

SWAP

Increasing Short

2,902

4.7200 GBP

10p ordinary

SWAP

Decreasing Short

15,970

4.7202 GBP

10p ordinary

SWAP

Increasing Short

145

4.6786 GBP

10p ordinary

SWAP

Decreasing Short

10,176

4.7001 GBP

10p ordinary

SWAP

Decreasing Short

11,292

4.7071 GBP

10p ordinary

SWAP

Decreasing Short

11,004

4.7200 GBP

10p ordinary

SWAP

Increasing Short

3,474

4.6878 GBP

10p ordinary

SWAP

Increasing Short

6,851

4.7007 GBP

10p ordinary

SWAP

Increasing Short

2,902

4.7200 GBP

10p ordinary

SWAP

Increasing Long

140,000

4.6720 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