Smith (DS) Regulatory News (SMDS)

FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 19/12/2024 13:11 RNS Number : 8045Q

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:

18 Dec 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:

32,452,874

2.34%

16,440,075

1.19%

(2) Cash-settled derivatives:

12,616,574

0.91%

31,222,919

2.26%

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

0

0.00%

0

0.00%

TOTAL: 

45,069,448

3.25%

47,662,994

3.45%

(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

299,118

5.4400 GBP

10p ordinary

Purchase

182,800

5.4427 GBP

10p ordinary

Purchase

114,429

5.4386 GBP

10p ordinary

Purchase

55,897

5.4350 GBP

10p ordinary

Purchase

25,971

5.4462 GBP

10p ordinary

Purchase

20,250

5.3983 GBP

10p ordinary

Purchase

20,000

5.4859 GBP

10p ordinary

Purchase

15,681

5.4570 GBP

10p ordinary

Purchase

13,427

5.4316 GBP

10p ordinary

Purchase

9,468

5.4453 GBP

10p ordinary

Purchase

7,582

5.4371 GBP

10p ordinary

Purchase

6,421

5.4399 GBP

10p ordinary

Purchase

6,036

5.4507 GBP

10p ordinary

Purchase

4,340

5.4433 GBP

10p ordinary

Purchase

3,628

5.4245 GBP

10p ordinary

Purchase

3,528

5.4439 GBP

10p ordinary

Purchase

3,351

5.4587 GBP

10p ordinary

Purchase

3,096

5.4355 GBP

10p ordinary

Purchase

2,525

5.4357 GBP

10p ordinary

Purchase

2,347

5.4552 GBP

10p ordinary

Purchase

2,193

5.4346 GBP

10p ordinary

Purchase

2,072

5.4142 GBP

10p ordinary

Purchase

1,948

5.4591 GBP

10p ordinary

Purchase

1,830

5.4496 GBP

10p ordinary

Purchase

1,677

5.4650 GBP

10p ordinary

Purchase

1,494

5.4256 GBP

10p ordinary

Purchase

1,434

5.4600 GBP

10p ordinary

Purchase

1,022

5.4530 GBP

10p ordinary

Purchase

754

5.4850 GBP

10p ordinary

Purchase

626

5.4750 GBP

10p ordinary

Purchase

600

5.4413 GBP

10p ordinary

Purchase

564

5.4000 GBP

10p ordinary

Purchase

546

5.4550 GBP

10p ordinary

Purchase

470

5.4228 GBP

10p ordinary

Purchase

443

5.4500 GBP

10p ordinary

Purchase

163

5.4700 GBP

10p ordinary

Sale

2,226,168

5.4350 GBP

10p ordinary

Sale

246,501

5.4419 GBP

10p ordinary

Sale

102,602

5.4400 GBP

10p ordinary

Sale

59,796

5.4399 GBP

10p ordinary

Sale

39,554

5.4358 GBP

10p ordinary

Sale

29,034

5.4524 GBP

10p ordinary

Sale

22,498

5.4489 GBP

10p ordinary

Sale

21,281

5.4420 GBP

10p ordinary

Sale

20,057

5.4457 GBP

10p ordinary

Sale

16,701

5.4332 GBP

10p ordinary

Sale

16,358

5.4433 GBP

10p ordinary

Sale

15,004

5.4404 GBP

10p ordinary

Sale

15,000

5.4000 GBP

10p ordinary

Sale

14,826

5.4512 GBP

10p ordinary

Sale

10,113

5.4349 GBP

10p ordinary

Sale

7,523

5.4462 GBP

10p ordinary

Sale

7,061

5.4570 GBP

10p ordinary

Sale

6,055

5.4318 GBP

10p ordinary

Sale

4,157

5.4579 GBP

10p ordinary

Sale

3,915

5.4535 GBP

10p ordinary

Sale

3,750

5.3872 GBP

10p ordinary

Sale

2,982

5.4677 GBP

10p ordinary

Sale

2,049

5.4650 GBP

10p ordinary

Sale

1,794

5.4494 GBP

10p ordinary

Sale

1,587

5.4121 GBP

10p ordinary

Sale

1,434

5.4600 GBP

10p ordinary

Sale

1,292

5.4338 GBP

10p ordinary

Sale

1,140

5.4575 GBP

10p ordinary

Sale

1,085

5.4550 GBP

10p ordinary

Sale

873

5.4475 GBP

10p ordinary

Sale

754

5.4850 GBP

10p ordinary

Sale

709

5.4456 GBP

10p ordinary

Sale

641

5.4425 GBP

10p ordinary

Sale

569

5.4452 GBP

10p ordinary

Sale

421

5.4473 GBP

10p ordinary

Sale

317

5.4300 GBP

10p ordinary

Sale

300

5.4500 GBP

10p ordinary

Sale

163

5.4700 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

Increasing Short

53,378

5.4495 GBP

10p ordinary

SWAP

Decreasing Short

2,224,371

5.4350 GBP

10p ordinary

SWAP

Decreasing Short

39,554

5.4358 GBP

10p ordinary

SWAP

Decreasing Short

8,250

5.4378 GBP

10p ordinary

SWAP

Decreasing Short

16,409

5.4400 GBP

10p ordinary

SWAP

Decreasing Short

21,281

5.4419 GBP

10p ordinary

SWAP

Decreasing Short

11,066

5.4489 GBP

10p ordinary

SWAP

Decreasing Short

14,826

5.4512 GBP

10p ordinary

SWAP

Decreasing Short

15,707

5.4521 GBP

10p ordinary

SWAP

Decreasing Short

29,034

5.4524 GBP

10p ordinary

SWAP

Decreasing Short

2,982

5.4677 GBP

10p ordinary

SWAP

Increasing Short

470

5.4228 GBP

10p ordinary

SWAP

Increasing Short

13,427

5.4316 GBP

10p ordinary

SWAP

Increasing Short

2,193

5.4346 GBP

10p ordinary

SWAP

Increasing Short

10,569

5.4387 GBP

10p ordinary

SWAP

Increasing Short

45,000

5.4396 USD

10p ordinary

SWAP

Increasing Short

21,262

5.4400 GBP

10p ordinary

SWAP

Increasing Short

55,236

5.4401 GBP

10p ordinary

SWAP

Increasing Short

28,881

5.4447 GBP

10p ordinary

CFD

Decreasing Short

776

5.4400 GBP

10p ordinary

CFD

Decreasing Short

6,418

5.4634 GBP

10p ordinary

CFD

Increasing Short

673

5.4444 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:

31 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213