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:
|
06
Jun 2024
|
(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:
|
|
|
34,467,884
|
2.50%
|
24,860,649
|
1.80%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
8,065,846
|
0.58%
|
33,226,767
|
2.41%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
42,533,730
|
3.08%
|
58,087,416
|
4.21%
|
(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 EXEMPT PRINCIPAL
TRADER
|
(a)
|
Purchases and sales
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
security
|
|
securities
|
|
10p
ordinary
|
Purchase
|
875,646
|
3.7332 GBP
|
10p
ordinary
|
Purchase
|
500,000
|
3.7621 GBP
|
10p
ordinary
|
Purchase
|
462,539
|
3.7265 GBP
|
10p
ordinary
|
Purchase
|
267,242
|
3.7195 GBP
|
10p
ordinary
|
Purchase
|
195,208
|
3.7270 GBP
|
10p
ordinary
|
Purchase
|
192,662
|
3.7253 GBP
|
10p
ordinary
|
Purchase
|
150,000
|
3.7725 GBP
|
10p
ordinary
|
Purchase
|
131,807
|
3.7216 GBP
|
10p
ordinary
|
Purchase
|
103,222
|
3.7718 GBP
|
10p
ordinary
|
Purchase
|
78,487
|
3.7714 GBP
|
10p
ordinary
|
Purchase
|
75,000
|
3.7659 GBP
|
10p
ordinary
|
Purchase
|
47,099
|
3.7244 GBP
|
10p
ordinary
|
Purchase
|
28,394
|
3.7240 GBP
|
10p
ordinary
|
Purchase
|
20,745
|
3.7259 GBP
|
10p
ordinary
|
Purchase
|
20,580
|
3.7394 GBP
|
10p
ordinary
|
Purchase
|
20,534
|
3.7241 GBP
|
10p
ordinary
|
Purchase
|
20,444
|
3.7340 GBP
|
10p
ordinary
|
Purchase
|
14,711
|
3.7379 GBP
|
10p
ordinary
|
Purchase
|
13,486
|
3.7461 GBP
|
10p
ordinary
|
Purchase
|
11,184
|
3.7768 GBP
|
10p
ordinary
|
Purchase
|
10,334
|
3.7309 GBP
|
10p
ordinary
|
Purchase
|
7,976
|
3.7376 GBP
|
10p
ordinary
|
Purchase
|
7,000
|
3.7812 GBP
|
10p
ordinary
|
Purchase
|
6,761
|
3.7360 GBP
|
10p
ordinary
|
Purchase
|
5,816
|
3.7533 GBP
|
10p
ordinary
|
Purchase
|
5,596
|
3.7600 GBP
|
10p
ordinary
|
Purchase
|
5,217
|
3.7358 GBP
|
10p
ordinary
|
Purchase
|
5,141
|
3.7681 GBP
|
10p
ordinary
|
Purchase
|
5,046
|
3.7608 GBP
|
10p
ordinary
|
Purchase
|
4,799
|
3.7498 GBP
|
10p
ordinary
|
Purchase
|
4,295
|
3.7364 GBP
|
10p
ordinary
|
Purchase
|
3,781
|
3.7388 GBP
|
10p
ordinary
|
Purchase
|
3,660
|
3.7692 GBP
|
10p
ordinary
|
Purchase
|
3,523
|
3.7313 GBP
|
10p
ordinary
|
Purchase
|
2,803
|
3.7390 GBP
|
10p
ordinary
|
Purchase
|
2,734
|
3.7840 GBP
|
10p
ordinary
|
Purchase
|
2,679
|
3.7400 GBP
|
10p
ordinary
|
Purchase
|
2,364
|
3.7327 GBP
|
10p
ordinary
|
Purchase
|
2,153
|
3.7625 GBP
|
10p
ordinary
|
Purchase
|
1,802
|
3.7619 GBP
|
10p
ordinary
|
Purchase
|
1,719
|
3.7350 GBP
|
10p
ordinary
|
Purchase
|
1,573
|
3.7349 GBP
|
10p
ordinary
|
Purchase
|
1,248
|
3.7680 GBP
|
10p
ordinary
|
Purchase
|
1,213
|
3.7380 GBP
|
10p
ordinary
|
Purchase
|
1,210
|
3.7749 GBP
|
10p
ordinary
|
Purchase
|
1,189
|
3.7218 GBP
|
10p
ordinary
|
Purchase
|
1,131
|
3.7220 GBP
|
10p
ordinary
|
Purchase
|
956
|
3.7560 GBP
|
10p
ordinary
|
Purchase
|
931
|
3.7500 GBP
|
10p
ordinary
|
Purchase
|
862
|
3.7320 GBP
|
10p
ordinary
|
Purchase
|
783
|
3.7160 GBP
|
10p
ordinary
|
Purchase
|
511
|
3.7300 GBP
|
10p
ordinary
|
Purchase
|
341
|
3.7480 GBP
|
10p
ordinary
|
Purchase
|
225
|
3.7200 GBP
|
10p
ordinary
|
Sale
|
116,106
|
3.7240 GBP
|
10p
ordinary
|
Sale
|
94,244
|
3.7632 GBP
|
10p
ordinary
|
Sale
|
66,603
|
3.7231 GBP
|
10p
ordinary
|
Sale
|
61,509
|
3.7617 GBP
|
10p
ordinary
|
Sale
|
52,975
|
3.7453 GBP
|
10p
ordinary
|
Sale
|
50,803
|
3.7860 GBP
|
10p
ordinary
|
Sale
|
47,099
|
3.7244 GBP
|
10p
ordinary
|
Sale
|
36,546
|
3.7340 GBP
|
10p
ordinary
|
Sale
|
30,601
|
3.7452 GBP
|
10p
ordinary
|
Sale
|
30,000
|
3.7245 GBP
|
10p
ordinary
|
Sale
|
26,791
|
3.7420 GBP
|
10p
ordinary
|
Sale
|
25,337
|
3.7088 GBP
|
10p
ordinary
|
Sale
|
23,897
|
3.7200 GBP
|
10p
ordinary
|
Sale
|
21,577
|
3.7230 GBP
|
10p
ordinary
|
Sale
|
12,804
|
3.7678 GBP
|
10p
ordinary
|
Sale
|
11,806
|
3.7640 GBP
|
10p
ordinary
|
Sale
|
11,224
|
3.7265 GBP
|
10p
ordinary
|
Sale
|
7,777
|
3.7609 GBP
|
10p
ordinary
|
Sale
|
6,405
|
3.7210 GBP
|
10p
ordinary
|
Sale
|
5,314
|
3.7237 GBP
|
10p
ordinary
|
Sale
|
5,264
|
3.7600 GBP
|
10p
ordinary
|
Sale
|
5,048
|
3.7289 GBP
|
10p
ordinary
|
Sale
|
4,886
|
3.7298 GBP
|
10p
ordinary
|
Sale
|
4,378
|
3.7650 GBP
|
10p
ordinary
|
Sale
|
4,329
|
3.7728 GBP
|
10p
ordinary
|
Sale
|
4,209
|
3.7758 GBP
|
10p
ordinary
|
Sale
|
4,036
|
3.7541 GBP
|
10p
ordinary
|
Sale
|
4,036
|
3.7404 GBP
|
10p
ordinary
|
Sale
|
3,920
|
3.7360 GBP
|
10p
ordinary
|
Sale
|
3,549
|
3.7400 GBP
|
10p
ordinary
|
Sale
|
3,371
|
3.7300 GBP
|
10p
ordinary
|
Sale
|
3,147
|
3.7239 GBP
|
10p
ordinary
|
Sale
|
3,022
|
3.7269 GBP
|
10p
ordinary
|
Sale
|
2,734
|
3.7840 GBP
|
10p
ordinary
|
Sale
|
2,702
|
3.7846 GBP
|
10p
ordinary
|
Sale
|
2,551
|
3.7673 GBP
|
10p
ordinary
|
Sale
|
2,282
|
3.7220 GBP
|
10p
ordinary
|
Sale
|
2,274
|
3.7380 GBP
|
10p
ordinary
|
Sale
|
1,800
|
3.7750 GBP
|
10p
ordinary
|
Sale
|
1,762
|
3.7853 GBP
|
10p
ordinary
|
Sale
|
1,708
|
3.7377 GBP
|
10p
ordinary
|
Sale
|
1,088
|
3.7040 GBP
|
10p
ordinary
|
Sale
|
1,088
|
3.7020 GBP
|
10p
ordinary
|
Sale
|
956
|
3.7560 GBP
|
10p
ordinary
|
Sale
|
862
|
3.7320 GBP
|
10p
ordinary
|
Sale
|
841
|
3.7500 GBP
|
10p
ordinary
|
Sale
|
828
|
3.7120 GBP
|
10p
ordinary
|
Sale
|
362
|
3.7700 GBP
|
10p
ordinary
|
Sale
|
269
|
3.7839 GBP
|
10p
ordinary
|
Sale
|
221
|
3.7280 GBP
|
10p
ordinary
|
Sale
|
144
|
3.7218 GBP
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
5,816
|
3.7533 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
99
|
3.7560 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
362
|
3.7700 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,462
|
3.7660 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,329
|
3.7728 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
7,097
|
3.7282 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
8,667
|
3.7659 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
21,670
|
3.7240 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
23,798
|
3.7239 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
34,775
|
3.7323 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
35,410
|
3.7273 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
36,767
|
3.7411 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
52,975
|
3.7453 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
94,244
|
3.7632 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
110,582
|
3.7359 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
269
|
3.7839 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
25,337
|
3.7088 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
66,603
|
3.7231 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
51
|
3.7580 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
332
|
3.7600 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
341
|
3.7480 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,802
|
3.7620 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
3,068
|
3.7240 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,641
|
3.7706 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,660
|
3.7692 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
5,145
|
3.7428 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
8,667
|
3.7659 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
20,534
|
3.7241 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
20,745
|
3.7259 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
44,063
|
3.7267 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
47,099
|
3.7244 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
61,955
|
3.7289 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
75,000
|
3.7660 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
78,487
|
3.7714 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
110,582
|
3.7359 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
124,233
|
3.7287 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
131,807
|
3.7216 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
305,098
|
3.7240 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
250,000
|
6.1304 USD
|
10p
ordinary
|
SWAP
|
Opening
Short
|
250,000
|
6.1199 USD
|
10p
ordinary
|
SWAP
|
Opening
Short
|
500,000
|
6.1850 USD
|
10p
ordinary
|
SWAP
|
Opening
Short
|
875,646
|
6.1099 USD
|
|
|
|
|
|
|
|
|
(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 exempt principal trader
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 Jun 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|