Form 8.3 - Smith (DS) plc Replacement

FORM 8.3 - Amendment to section 3b

Replaces form Released at 12/08/2024 14:51

RNS Number : 1316A

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:

09-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:

33,997,118

2.46%

32,567,639

2.36%

(2) Cash-settled derivatives:

12,061,244

0.87%

33,744,891

2.45%

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

0

0.00%

0

0.00%

46,058,362

3.34%

66,312,530

4.80%

 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

713,894

4.4042 GBP

10p ordinary

Purchase

480,448

4.3891 GBP

10p ordinary

Purchase

342,838

4.3874 GBP

10p ordinary

Purchase

337,615

4.3895 GBP

10p ordinary

Purchase

129,333

4.4138 GBP

10p ordinary

Purchase

85,961

4.3880 GBP

10p ordinary

Purchase

78,944

4.4176 GBP

10p ordinary

Purchase

76,328

4.4383 GBP

10p ordinary

Purchase

67,701

4.4010 GBP

10p ordinary

Purchase

58,663

4.4229 GBP

10p ordinary

Purchase

53,919

4.4096 GBP

10p ordinary

Purchase

39,278

4.4260 GBP

10p ordinary

Purchase

31,110

4.4249 GBP

10p ordinary

Purchase

24,717

4.4148 GBP

10p ordinary

Purchase

17,039

4.3990 GBP

10p ordinary

Purchase

6,990

4.4064 GBP

10p ordinary

Purchase

6,272

4.3939 GBP

10p ordinary

Purchase

5,612

4.3886 GBP

10p ordinary

Purchase

3,575

4.4686 GBP

10p ordinary

Purchase

1,860

4.3986 GBP

10p ordinary

Purchase

892

4.4211 GBP

10p ordinary

Purchase

829

4.3877 GBP

10p ordinary

Purchase

539

4.3960 GBP

10p ordinary

Sale

669,722

4.4030 GBP

10p ordinary

Sale

375,069

4.3883 GBP

10p ordinary

Sale

337,615

4.3895 GBP

10p ordinary

Sale

225,164

4.3880 GBP

10p ordinary

Sale

94,123

4.3937 GBP

10p ordinary

Sale

69,669

4.4208 GBP

10p ordinary

Sale

69,621

4.4079 GBP

10p ordinary

Sale

58,931

4.4230 GBP

10p ordinary

Sale

56,268

4.4241 GBP

10p ordinary

Sale

39,434

4.3926 GBP

10p ordinary

Sale

37,157

4.4007 GBP

10p ordinary

Sale

31,762

4.4293 GBP

10p ordinary

Sale

27,532

4.4215 GBP

10p ordinary

Sale

23,610

4.3990 GBP

10p ordinary

Sale

21,940

4.3903 GBP

10p ordinary

Sale

16,640

4.4224 GBP

10p ordinary

Sale

14,994

4.4200 GBP

10p ordinary

Sale

14,153

4.3924 GBP

10p ordinary

Sale

13,173

4.3965 GBP

10p ordinary

Sale

9,275

4.3936 GBP

10p ordinary

Sale

7,517

4.3947 GBP

10p ordinary

Sale

6,990

4.4064 GBP

10p ordinary

Sale

6,787

4.3954 GBP

10p ordinary

Sale

6,109

4.4181 GBP

10p ordinary

Sale

4,546

4.3939 GBP

10p ordinary

Sale

4,510

4.4256 GBP

10p ordinary

Sale

4,409

4.3871 GBP

10p ordinary

Sale

4,230

4.4321 GBP

10p ordinary

Sale

3,409

4.3872 GBP

10p ordinary

Sale

3,318

4.4646 GBP

10p ordinary

Sale

3,006

4.3908 GBP

10p ordinary

Sale

2,596

4.4063 GBP

10p ordinary

Sale

2,581

4.4212 GBP

10p ordinary

Sale

2,395

4.3928 GBP

10p ordinary

Sale

2,196

4.4160 GBP

10p ordinary

Sale

2,003

4.3884 GBP

10p ordinary

Sale

2,001

4.4663 GBP

10p ordinary

Sale

1,861

4.4210 GBP

10p ordinary

Sale

1,860

4.3986 GBP

10p ordinary

Sale

1,747

4.3859 GBP

10p ordinary

Sale

1,521

4.4077 GBP

10p ordinary

Sale

1,516

4.4193 GBP

10p ordinary

Sale

1,476

4.4175 GBP

10p ordinary

Sale

1,415

4.4042 GBP

10p ordinary

Sale

1,378

4.3819 GBP

10p ordinary

Sale

1,158

4.3966 GBP

10p ordinary

Sale

899

4.4003 GBP

10p ordinary

Sale

539

4.3960 GBP

10p ordinary

Sale

539

4.3961 GBP

10p ordinary

Sale

415

4.4218 GBP

10p ordinary

Sale

351

4.4170 GBP

10p ordinary

Sale

224

4.4220 GBP

10p ordinary

Sale

9

4.4090 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

82,437

4.3879 GBP

10p ordinary

CFD

Decreasing Short

2,022

4.3880 GBP

10p ordinary

CFD

Decreasing Short

3,238

4.4081 GBP

10p ordinary

CFD

Increasing Short

698

4.3879 GBP

10p ordinary

SWAP

Decreasing Long

5,612

4.3886 GBP

10p ordinary

SWAP

Decreasing Short

8,533

4.3968 GBP

10p ordinary

SWAP

Decreasing Short

3,765

4.4230 GBP

10p ordinary

SWAP

Decreasing Short

2,001

4.4663 GBP

10p ordinary

SWAP

Increasing Short

142,342

4.3880 GBP

10p ordinary

SWAP

Increasing Short

80,336

4.3890 GBP

10p ordinary

SWAP

Increasing Short

892

4.4211 GBP

10p ordinary

SWAP

Increasing Short

76,328

4.4384 GBP

10p ordinary

SWAP

Increasing Short

3,575

4.4686 GBP

10p ordinary

SWAP

Increasing Long

899

4.4003 GBP

10p ordinary

SWAP

Decreasing Long

31,110

4.4249 GBP

10p ordinary

SWAP

Increasing Short

109,905

4.3880 GBP

10p ordinary

SWAP

Increasing Short

53,919

4.4096 GBP

10p ordinary

SWAP

Increasing Long

150,000

4.4500 GBP

10p ordinary

SWAP

Increasing Short

69,609

4.4500 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