Form 8.3 - Smith (DS) plc Replacement

FORM 8.3 - Amendment to section 3b

Replaces form released on 14:45 23/08/2024

RNS Number : 6443B

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:

22-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:

33,288,803

2.41%

28,735,957

2.08%

(2) Cash-settled derivatives:

11,129,049

0.81%

33,347,083

2.42%

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

0

0.00%

0

0.00%

44,417,852

3.22%

62,083,040

4.50%

 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

599,777

4.7200 GBP

10p ordinary

Purchase

68,676

4.7101 GBP

10p ordinary

Purchase

65,541

4.7092 GBP

10p ordinary

Purchase

37,465

4.7105 GBP

10p ordinary

Purchase

34,696

4.7115 GBP

10p ordinary

Purchase

29,380

4.7140 GBP

10p ordinary

Purchase

29,100

4.7081 GBP

10p ordinary

Purchase

21,216

4.7098 GBP

10p ordinary

Purchase

18,481

4.7129 GBP

10p ordinary

Purchase

15,645

4.7073 GBP

10p ordinary

Purchase

11,159

4.7137 GBP

10p ordinary

Purchase

10,415

4.7030 GBP

10p ordinary

Purchase

5,930

4.7124 GBP

10p ordinary

Purchase

5,506

4.6914 GBP

10p ordinary

Purchase

5,297

4.6924 GBP

10p ordinary

Purchase

5,200

4.7100 GBP

10p ordinary

Purchase

4,765

4.6940 GBP

10p ordinary

Purchase

4,436

4.7044 GBP

10p ordinary

Purchase

4,098

4.7076 GBP

10p ordinary

Purchase

3,488

4.7207 GBP

10p ordinary

Purchase

3,192

4.7120 GBP

10p ordinary

Purchase

2,794

4.7032 GBP

10p ordinary

Purchase

2,756

4.7012 GBP

10p ordinary

Purchase

2,630

4.7062 GBP

10p ordinary

Purchase

2,125

4.7232 GBP

10p ordinary

Purchase

1,953

4.6933 GBP

10p ordinary

Purchase

1,918

4.7123 GBP

10p ordinary

Purchase

1,761

4.7104 GBP

10p ordinary

Purchase

1,452

4.6931 GBP

10p ordinary

Purchase

1,293

4.7039 GBP

10p ordinary

Purchase

862

4.7180 GBP

10p ordinary

Purchase

843

4.6960 GBP

10p ordinary

Purchase

664

4.6980 GBP

10p ordinary

Purchase

598

4.7020 GBP

10p ordinary

Purchase

430

4.7160 GBP

10p ordinary

Purchase

158

4.7147 GBP

10p ordinary

Purchase

31

4.7135 GBP

10p ordinary

Sale

169,542

4.7140 GBP

10p ordinary

Sale

55,606

4.7012 GBP

10p ordinary

Sale

30,187

4.7112 GBP

10p ordinary

Sale

17,199

4.6956 GBP

10p ordinary

Sale

10,138

4.7094 GBP

10p ordinary

Sale

7,438

4.7082 GBP

10p ordinary

Sale

5,408

4.7038 GBP

10p ordinary

Sale

5,297

4.6930 GBP

10p ordinary

Sale

4,649

4.7142 GBP

10p ordinary

Sale

4,288

4.7173 GBP

10p ordinary

Sale

3,290

4.6910 GBP

10p ordinary

Sale

1,387

4.6925 GBP

10p ordinary

Sale

1,154

4.6959 GBP

10p ordinary

Sale

430

4.7160 GBP

10p ordinary

Sale

91

4.7141 GBP

10p ordinary

Sale

65

4.7184 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

21,094

4.7080 GBP

10p ordinary

CFD

Decreasing Short

218

4.7140 GBP

10p ordinary

CFD

Increasing Short

30,000

4.7121 GBP

10p ordinary

CFD

Increasing Short

218

4.7140 GBP

10p ordinary

CFD

Increasing Short

430

4.7160 GBP

10p ordinary

CFD

Increasing Short

13,767

4.7198 GBP

10p ordinary

SWAP

Decreasing Long

599,112

4.7200 GBP

10p ordinary

SWAP

Decreasing Short

55,606

4.7012 GBP

10p ordinary

SWAP

Decreasing Short

10,138

4.7094 GBP

10p ordinary

SWAP

Decreasing Short

94,835

4.7140 GBP

10p ordinary

SWAP

Decreasing Short

4,288

4.7173 GBP

10p ordinary

SWAP

Increasing Short

13,108

4.7083 GBP

10p ordinary

SWAP

Increasing Short

68,676

4.7101 GBP

10p ordinary

SWAP

Increasing Short

1,761

4.7104 GBP

10p ordinary

SWAP

Increasing Short

2,899

4.7140 GBP

10p ordinary

SWAP

Increasing Short

375

4.7340 GBP

10p ordinary

SWAP

Increasing Short

29,100

4.7081 GBP

10p ordinary

SWAP

Decreasing Short

1,154

4.6960 GBP

10p ordinary

SWAP

Decreasing Short

49,212

4.7140 GBP

10p ordinary

SWAP

Increasing Short

8,320

4.7080 GBP

10p ordinary

SWAP

Increasing Short

37,465

4.7105 GBP

10p ordinary

SWAP

Increasing Short

2,899

4.7140 GBP

10p ordinary

SWAP

Increasing Long

80,000

4.7200 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