Form 8.3 - Smith (DS) plc Replacement

FORM 8.3 - Amendment to 2aReplaces form Released at 23/10/2024 15:18 RNS Number : 3522J

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:

22 Oct 2024

(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:

26,499,267

1.91%

25,155,146

1.82%

(2) Cash-settled derivatives:

11,400,946

0.83%

25,904,452

1.88%

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

0

0.00%

0

0.00%

TOTAL: 

37,900,213

2.74%

51,059,598

3.70%

(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

98,575

4.6210 GBP

10p ordinary

Purchase

80,756

4.6309 GBP

10p ordinary

Purchase

80,194

4.6300 GBP

10p ordinary

Purchase

60,230

4.5782 GBP

10p ordinary

Purchase

46,113

4.6228 GBP

10p ordinary

Purchase

32,252

4.5800 GBP

10p ordinary

Purchase

19,343

4.5716 GBP

10p ordinary

Purchase

16,693

4.5702 GBP

10p ordinary

Purchase

10,501

4.5901 GBP

10p ordinary

Purchase

9,304

4.5795 GBP

10p ordinary

Purchase

6,894

4.6001 GBP

10p ordinary

Purchase

6,262

4.5600 GBP

10p ordinary

Purchase

6,254

4.5772 GBP

10p ordinary

Purchase

5,934

4.5785 GBP

10p ordinary

Purchase

5,747

4.5739 GBP

10p ordinary

Purchase

4,425

4.5692 GBP

10p ordinary

Purchase

3,859

4.6006 GBP

10p ordinary

Purchase

3,684

4.5690 GBP

10p ordinary

Purchase

3,626

4.5745 GBP

10p ordinary

Purchase

2,646

4.5736 GBP

10p ordinary

Purchase

2,289

4.5863 GBP

10p ordinary

Purchase

2,264

4.5700 GBP

10p ordinary

Purchase

1,636

4.5840 GBP

10p ordinary

Purchase

1,356

4.5680 GBP

10p ordinary

Purchase

1,327

4.5633 GBP

10p ordinary

Purchase

1,201

4.5709 GBP

10p ordinary

Purchase

1,073

4.5724 GBP

10p ordinary

Purchase

1,041

4.6273 GBP

10p ordinary

Purchase

790

4.5950 GBP

10p ordinary

Purchase

549

4.5762 GBP

10p ordinary

Purchase

72

4.6190 GBP

10p ordinary

Purchase

34

4.6250 GBP

10p ordinary

Purchase

1

4.5580 GBP

10p ordinary

Sale

147,702

4.5768 GBP

10p ordinary

Sale

104,877

4.6180 GBP

10p ordinary

Sale

91,796

4.6212 GBP

10p ordinary

Sale

81,580

4.6068 GBP

10p ordinary

Sale

63,574

4.6300 GBP

10p ordinary

Sale

50,926

4.6125 GBP

10p ordinary

Sale

50,899

4.6088 GBP

10p ordinary

Sale

48,096

4.6302 GBP

10p ordinary

Sale

33,163

4.6131 GBP

10p ordinary

Sale

30,595

4.5699 GBP

10p ordinary

Sale

27,062

4.6182 GBP

10p ordinary

Sale

21,441

4.6084 GBP

10p ordinary

Sale

11,545

4.5789 GBP

10p ordinary

Sale

10,227

4.5841 GBP

10p ordinary

Sale

7,234

4.5627 GBP

10p ordinary

Sale

6,974

4.6132 GBP

10p ordinary

Sale

4,811

4.5922 GBP

10p ordinary

Sale

2,497

4.5701 GBP

10p ordinary

Sale

1,196

4.5566 GBP

10p ordinary

Sale

1,041

4.6278 GBP

10p ordinary

Sale

920

4.5704 GBP

10p ordinary

Sale

790

4.5954 GBP

10p ordinary

Sale

473

4.5579 GBP

10p ordinary

Sale

1

4.5580 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

10,227

4.5841 GBP

10p ordinary

SWAP

Decreasing Short

42,425

4.6035 GBP

10p ordinary

SWAP

Decreasing Short

81,580

4.6068 GBP

10p ordinary

SWAP

Decreasing Short

50,899

4.6088 GBP

10p ordinary

SWAP

Decreasing Short

31,831

4.6093 GBP

10p ordinary

SWAP

Decreasing Short

27,062

4.6182 GBP

10p ordinary

SWAP

Decreasing Short

9,986

4.6188 GBP

10p ordinary

SWAP

Decreasing Short

22,559

4.6300 GBP

10p ordinary

SWAP

Increasing Short

72

4.5580 GBP

10p ordinary

SWAP

Increasing Short

5,934

4.5785 GBP

10p ordinary

SWAP

Increasing Short

10,501

4.5901 GBP

10p ordinary

SWAP

Increasing Short

34

4.6250 GBP

10p ordinary

SWAP

Increasing Short

36,603

4.6272 GBP

10p ordinary

SWAP

Increasing Short

80,756

4.6309 GBP

10p ordinary

CFD

Decreasing Short

25,213

4.6300 GBP

10p ordinary

CFD

Increasing Short

1

4.5600 GBP

10p ordinary

CFD

Increasing Short

2,384

4.6120 GBP

10p ordinary

CFD

Increasing Short

1,055

4.6300 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:

04 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213