Form 8.3 - Smith (DS) plc Replacement

FORM 8.3 - Amendment to section 3b

Replaces form released on 15:28 25/07/2024

RNS Number : 0822Y

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:

25-Jul-24

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

 disclosures in respect of any other party to the offer?

 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:

33,240,587

2.40%

28,084,540

2.03%

(2) Cash-settled derivatives:

7,656,965

0.55%

32,821,727

2.37%

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

0

0.00%

0

0.00%

40,897,552

2.95%

60,906,267

4.40%

 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

246,637

4.4995 GBP

10p ordinary

Purchase

239,639

4.4828 GBP

10p ordinary

Purchase

145,510

4.5007 GBP

10p ordinary

Purchase

75,000

4.4864 GBP

10p ordinary

Purchase

69,661

4.5018 GBP

10p ordinary

Purchase

50,116

4.5020 GBP

10p ordinary

Purchase

49,641

4.4868 GBP

10p ordinary

Purchase

48,425

4.4806 GBP

10p ordinary

Purchase

35,999

4.4978 GBP

10p ordinary

Purchase

19,798

4.4858 GBP

10p ordinary

Purchase

18,486

4.4892 GBP

10p ordinary

Purchase

13,604

4.4984 GBP

10p ordinary

Purchase

11,738

4.4909 GBP

10p ordinary

Purchase

10,807

4.4804 GBP

10p ordinary

Purchase

7,572

4.4778 GBP

10p ordinary

Purchase

7,418

4.4809 GBP

10p ordinary

Purchase

7,345

4.4773 GBP

10p ordinary

Purchase

6,680

4.4876 GBP

10p ordinary

Purchase

5,829

4.4704 GBP

10p ordinary

Purchase

5,483

4.4700 GBP

10p ordinary

Purchase

4,097

4.4813 GBP

10p ordinary

Purchase

2,486

4.4838 GBP

10p ordinary

Purchase

1,688

4.5003 GBP

10p ordinary

Purchase

1,570

4.4731 GBP

10p ordinary

Purchase

1,200

4.4540 GBP

10p ordinary

Purchase

1,013

4.4829 GBP

10p ordinary

Purchase

962

4.4920 GBP

10p ordinary

Purchase

830

4.4820 GBP

10p ordinary

Purchase

742

4.4710 GBP

10p ordinary

Purchase

734

4.4732 GBP

10p ordinary

Purchase

727

4.4800 GBP

10p ordinary

Purchase

699

4.4860 GBP

10p ordinary

Purchase

207

4.4780 GBP

10p ordinary

Purchase

177

4.4640 GBP

10p ordinary

Purchase

119

4.4740 GBP

10p ordinary

Sale

207,430

4.4958 GBP

10p ordinary

Sale

180,631

4.5580 GBP

10p ordinary

Sale

145,510

4.5007 GBP

10p ordinary

Sale

69,475

4.5019 GBP

10p ordinary

Sale

45,128

4.4937 GBP

10p ordinary

Sale

32,807

4.4773 GBP

10p ordinary

Sale

26,610

4.5020 GBP

10p ordinary

Sale

24,745

4.4709 GBP

10p ordinary

Sale

15,600

4.4789 GBP

10p ordinary

Sale

15,531

4.4801 GBP

10p ordinary

Sale

13,833

4.4750 GBP

10p ordinary

Sale

13,479

4.4753 GBP

10p ordinary

Sale

11,407

4.4929 GBP

10p ordinary

Sale

5,442

4.5000 GBP

10p ordinary

Sale

5,311

4.4842 GBP

10p ordinary

Sale

4,697

4.4836 GBP

10p ordinary

Sale

4,046

4.4702 GBP

10p ordinary

Sale

3,851

4.4854 GBP

10p ordinary

Sale

3,700

4.4833 GBP

10p ordinary

Sale

3,650

4.4942 GBP

10p ordinary

Sale

3,275

4.4805 GBP

10p ordinary

Sale

3,001

4.4807 GBP

10p ordinary

Sale

2,668

4.4705 GBP

10p ordinary

Sale

2,547

4.4797 GBP

10p ordinary

Sale

1,730

4.4878 GBP

10p ordinary

Sale

1,321

4.4880 GBP

10p ordinary

Sale

1,118

4.4912 GBP

10p ordinary

Sale

892

4.4582 GBP

10p ordinary

Sale

727

4.4800 GBP

10p ordinary

Sale

422

4.4540 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

1,321

4.4880 GBP

10p ordinary

CFD

Decreasing Short

660

4.5020 GBP

10p ordinary

CFD

Increasing Short

219

4.4742 GBP

10p ordinary

CFD

Increasing Short

30,000

4.4898 GBP

10p ordinary

CFD

Increasing Short

145,510

4.5007 GBP

10p ordinary

CFD

Increasing Short

660

4.5020 GBP

10p ordinary

SWAP

Decreasing Long

639

4.4785 GBP

10p ordinary

SWAP

Increasing Long

3,700

4.4833 GBP

10p ordinary

SWAP

Increasing Short

19,444

4.4858 GBP

10p ordinary

SWAP

Increasing Short

354

4.4858 GBP

10p ordinary

SWAP

Decreasing Short

4,046

4.4702 GBP

10p ordinary

SWAP

Decreasing Short

32,807

4.4773 GBP

10p ordinary

SWAP

Decreasing Short

2,635

4.4829 GBP

10p ordinary

SWAP

Decreasing Short

102,047

4.5020 GBP

10p ordinary

SWAP

Decreasing Short

180,631

4.5580 GBP

10p ordinary

SWAP

Increasing Short

486

4.4540 GBP

10p ordinary

SWAP

Increasing Short

742

4.4710 GBP

10p ordinary

SWAP

Increasing Short

42,753

4.4796 GBP

10p ordinary

SWAP

Increasing Short

239,639

4.4828 GBP

10p ordinary

SWAP

Increasing Short

60,359

4.5011 GBP

10p ordinary

SWAP

Increasing Long

5,442

4.5000 GBP

10p ordinary

SWAP

Decreasing Long

7,572

4.4778 GBP

10p ordinary

SWAP

Decreasing Long

6,284

4.4874 GBP

10p ordinary

SWAP

Decreasing Long

396

4.4920 GBP

10p ordinary

SWAP

Decreasing Short

24,745

4.4709 GBP

10p ordinary

SWAP

Decreasing Short

14,737

4.4740 GBP

10p ordinary

SWAP

Decreasing Short

54,413

4.5020 GBP

10p ordinary

SWAP

Increasing Short

49,641

4.4868 GBP

10p ordinary

SWAP

Increasing Short

25,054

4.4870 GBP

10p ordinary

SWAP

Decreasing Short

362,853

4.4868 GBP

10p ordinary

SWAP

Increasing Short

150,514

4.4868 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:

07-Aug-24

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213