Form 8.3 - Smith (DS) plc Replacement

FORM 8.3 - Amendment to section 3b

Replaces form released 16:47 on 24 July 2024

7159X

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:

23-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 CO

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:

36,020,718

2.61%

28,102,101

2.04%

(2) Cash-settled derivatives:

7,696,997

0.56%

35,994,423

2.61%

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

0

0.00%

0

0.00%

43,717,715

3.17%

64,096,524

4.65%

 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

283,345

4.4600 GBP

10p ordinary

Purchase

207,576

4.4660 GBP

10p ordinary

Purchase

61,190

4.4792 GBP

10p ordinary

Purchase

49,671

4.4597 GBP

10p ordinary

Purchase

43,775

4.4947 GBP

10p ordinary

Purchase

42,038

4.4742 GBP

10p ordinary

Purchase

32,250

4.4829 GBP

10p ordinary

Purchase

27,262

4.4946 GBP

10p ordinary

Purchase

25,835

4.4896 GBP

10p ordinary

Purchase

17,912

4.4671 GBP

10p ordinary

Purchase

11,585

4.4770 GBP

10p ordinary

Purchase

9,089

4.4909 GBP

10p ordinary

Purchase

8,423

4.4898 GBP

10p ordinary

Purchase

7,056

4.4844 GBP

10p ordinary

Purchase

4,675

4.4812 GBP

10p ordinary

Purchase

4,671

4.4843 GBP

10p ordinary

Purchase

4,597

4.4823 GBP

10p ordinary

Purchase

4,107

4.4764 GBP

10p ordinary

Purchase

4,098

4.4854 GBP

10p ordinary

Purchase

3,628

4.4840 GBP

10p ordinary

Purchase

3,087

4.5043 GBP

10p ordinary

Purchase

2,914

4.4971 GBP

10p ordinary

Purchase

2,374

4.4848 GBP

10p ordinary

Purchase

2,280

4.4954 GBP

10p ordinary

Purchase

1,916

4.4900 GBP

10p ordinary

Purchase

1,670

4.5100 GBP

10p ordinary

Purchase

1,524

4.4880 GBP

10p ordinary

Purchase

1,460

4.4711 GBP

10p ordinary

Purchase

1,379

4.4992 GBP

10p ordinary

Purchase

973

4.4920 GBP

10p ordinary

Purchase

903

4.4960 GBP

10p ordinary

Purchase

794

4.4690 GBP

10p ordinary

Purchase

645

4.4580 GBP

10p ordinary

Purchase

76

4.4860 GBP

10p ordinary

Sale

308,932

4.4604 GBP

10p ordinary

Sale

253,526

4.4600 GBP

10p ordinary

Sale

175,000

4.4866 GBP

10p ordinary

Sale

73,371

4.4698 GBP

10p ordinary

Sale

25,000

4.4940 GBP

10p ordinary

Sale

15,394

4.4670 GBP

10p ordinary

Sale

4,210

4.4881 GBP

10p ordinary

Sale

2,262

4.5020 GBP

10p ordinary

Sale

1,783

4.4848 GBP

10p ordinary

Sale

1,670

4.5100 GBP

10p ordinary

Sale

387

4.4760 GBP

10p ordinary

Sale

223

4.4800 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

135,641

4.4600 GBP

10p ordinary

CFD

Increasing Short

2,420

4.4600 GBP

10p ordinary

CFD

Increasing Short

30,000

4.4737 GBP

10p ordinary

CFD

Increasing Short

10,610

4.4871 GBP

10p ordinary

CFD

Increasing Short

1,670

4.5100 GBP

10p ordinary

SWAP

Decreasing Long

492

4.4650 GBP

10p ordinary

SWAP

Decreasing Short

15,394

4.4670 GBP

10p ordinary

SWAP

Decreasing Short

2,170

4.4833 GBP

10p ordinary

SWAP

Decreasing Short

4,210

4.4881 GBP

10p ordinary

SWAP

Increasing Short

115,396

4.4602 GBP

10p ordinary

SWAP

Increasing Short

61,190

4.4792 GBP

10p ordinary

SWAP

Increasing Short

320

4.4900 GBP

10p ordinary

SWAP

Increasing Short

267

4.5100 GBP

10p ordinary

SWAP

Decreasing Long

986

4.4834 GBP

10p ordinary

SWAP

Decreasing Long

8,103

4.4918 GBP

10p ordinary

SWAP

Decreasing Long

3,087

4.5043 GBP

10p ordinary

SWAP

Decreasing Short

73,371

4.4698 GBP

10p ordinary

SWAP

Increasing Short

48,549

4.4600 GBP

10p ordinary

SWAP

Increasing Short

1,460

4.4711 GBP

10p ordinary

SWAP

Increasing Long

28,061

4.4900 GBP

10p ordinary

SWAP

Increasing Long

158,157

4.5100 GBP

10p ordinary

SWAP

Increasing Long

25,000

4.4834 GBP

10p ordinary

SWAP

Increasing Short

170,000

4.4834 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:

29-Aug-24

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213