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FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
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A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
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MORE
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Rule 8.3 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
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positions disclosed, if different from 1(a):
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(c)
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Name of offeror/offeree in relation to whose
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DS
SMITH PLC
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relevant securities this form relates:
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(d)
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If
an exempt fund manager connected with an
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offeror/offeree, state this and specify identity
of
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offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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12
Jun 2024
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(f)
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In
addition to the company in 1(c) above, is the discloser
making
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YES:
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disclosures in respect of any other party to the
offer?
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INTERNATIONAL PAPER COMPANY
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2.
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POSITIONS OF THE PERSON MAKING THE DISCLOSURE
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
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to
which the disclosure relates following the dealing(if
any)
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Class of relevant security:
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10p
ordinary
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
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Relevant securities owned
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and/or controlled:
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32,542,576
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2.36%
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28,062,204
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2.03%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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7,852,968
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0.57%
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32,206,772
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2.33%
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(3)
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Stock-settled derivatives (including
options)
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and
agreements to purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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40,395,544
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2.93%
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60,268,976
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4.37%
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(b)
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Rights to subscribe for new securities (including directors
and other executive
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options)
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Class of relevant security in relation to
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which subscription right exists
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Details, including nature of the rights
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concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
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(a)
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Purchases and sales
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Class of
relevant
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Purchase/sale
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Number of
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Price per
unit
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|
security
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|
securities
|
|
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10p
ordinary
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Purchase
|
350,807
|
3.5705 GBP
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|
10p
ordinary
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Purchase
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339,996
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3.5675 GBP
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|
10p
ordinary
|
Purchase
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287,236
|
3.5802 GBP
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|
10p
ordinary
|
Purchase
|
145,119
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3.5684 GBP
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|
10p
ordinary
|
Purchase
|
129,938
|
3.5858 GBP
|
|
10p
ordinary
|
Purchase
|
92,802
|
3.5662 GBP
|
|
10p
ordinary
|
Purchase
|
58,040
|
3.5855 GBP
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|
10p
ordinary
|
Purchase
|
56,642
|
3.5630 GBP
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|
10p
ordinary
|
Purchase
|
54,495
|
3.5616 GBP
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|
10p
ordinary
|
Purchase
|
50,464
|
3.5860 GBP
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|
10p
ordinary
|
Purchase
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28,000
|
3.5700 GBP
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|
10p
ordinary
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Purchase
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24,824
|
3.5607 GBP
|
|
10p
ordinary
|
Purchase
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21,900
|
3.5663 GBP
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|
10p
ordinary
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Purchase
|
16,675
|
3.5784 GBP
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|
10p
ordinary
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Purchase
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15,873
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3.5685 GBP
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|
10p
ordinary
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Purchase
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15,822
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3.5820 GBP
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|
10p
ordinary
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Purchase
|
7,022
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3.5569 GBP
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|
10p
ordinary
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Purchase
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5,995
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3.5588 GBP
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|
10p
ordinary
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Purchase
|
4,124
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3.5582 GBP
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|
10p
ordinary
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Purchase
|
3,761
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3.5632 GBP
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|
10p
ordinary
|
Purchase
|
3,307
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3.5670 GBP
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|
10p
ordinary
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Purchase
|
3,300
|
3.5721 GBP
|
|
10p
ordinary
|
Purchase
|
1,357
|
3.5680 GBP
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|
10p
ordinary
|
Purchase
|
1,142
|
3.5665 GBP
|
|
10p
ordinary
|
Purchase
|
1,138
|
3.5620 GBP
|
|
10p
ordinary
|
Purchase
|
870
|
3.5560 GBP
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|
10p
ordinary
|
Purchase
|
858
|
3.5440 GBP
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|
10p
ordinary
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Purchase
|
267
|
3.5800 GBP
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|
10p
ordinary
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Purchase
|
71
|
3.5849 GBP
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|
10p
ordinary
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Purchase
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55
|
3.5640 GBP
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10p
ordinary
|
Sale
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651,557
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3.5791 GBP
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10p
ordinary
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Sale
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338,608
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3.5700 GBP
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|
10p
ordinary
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Sale
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235,634
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3.5860 GBP
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|
10p
ordinary
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Sale
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130,151
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3.5803 GBP
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|
10p
ordinary
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Sale
|
83,206
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3.5677 GBP
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|
10p
ordinary
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Sale
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63,008
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3.5659 GBP
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|
10p
ordinary
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Sale
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61,021
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3.5658 GBP
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|
10p
ordinary
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Sale
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45,421
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3.5746 GBP
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|
10p
ordinary
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Sale
|
43,822
|
3.5743 GBP
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|
10p
ordinary
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Sale
|
31,949
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3.5686 GBP
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|
10p
ordinary
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Sale
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30,612
|
3.5663 GBP
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|
10p
ordinary
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Sale
|
22,517
|
3.5759 GBP
|
|
10p
ordinary
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Sale
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19,663
|
3.5644 GBP
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|
10p
ordinary
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Sale
|
16,502
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3.5603 GBP
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|
10p
ordinary
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Sale
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11,702
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3.5695 GBP
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|
10p
ordinary
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Sale
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8,103
|
3.5760 GBP
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|
10p
ordinary
|
Sale
|
7,316
|
3.5742 GBP
|
|
10p
ordinary
|
Sale
|
6,898
|
3.5756 GBP
|
|
10p
ordinary
|
Sale
|
4,743
|
3.5591 GBP
|
|
10p
ordinary
|
Sale
|
3,914
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3.5734 GBP
|
|
10p
ordinary
|
Sale
|
3,772
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3.5740 GBP
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|
10p
ordinary
|
Sale
|
2,905
|
3.5694 GBP
|
|
10p
ordinary
|
Sale
|
2,797
|
3.5680 GBP
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|
10p
ordinary
|
Sale
|
2,461
|
3.5761 GBP
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|
10p
ordinary
|
Sale
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2,353
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3.5619 GBP
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|
10p
ordinary
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Sale
|
1,628
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3.5576 GBP
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|
10p
ordinary
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Sale
|
1,348
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3.5839 GBP
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|
10p
ordinary
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Sale
|
1,191
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3.5621 GBP
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|
10p
ordinary
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Sale
|
1,138
|
3.5620 GBP
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|
10p
ordinary
|
Sale
|
870
|
3.5560 GBP
|
|
10p
ordinary
|
Sale
|
55
|
3.5640 GBP
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|
10p
ordinary
|
Sale
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53
|
3.5849 GBP
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(b)
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Cash-settled derivative transactions
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Class of
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Product
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Nature of
dealing
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Number of
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Price per
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relevant
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description
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|
reference
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unit
|
|
security
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|
securities
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|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
762
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3.5560 GBP
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|
10p
ordinary
|
SWAP
|
Decreasing Long
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3,761
|
3.5632 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Long
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5,233
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3.5592 GBP
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|
10p
ordinary
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SWAP
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Decreasing Long
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21,900
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3.5663 GBP
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|
10p
ordinary
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CFD
|
Decreasing Short
|
9
|
3.5855 GBP
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|
10p
ordinary
|
CFD
|
Decreasing Short
|
18
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3.5861 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
|
74
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3.5700 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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532
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3.5560 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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1,348
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3.5840 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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1,628
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3.5576 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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1,750
|
3.5603 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,353
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3.5619 GBP
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|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,797
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3.5680 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
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2,983
|
3.5520 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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7,316
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3.5742 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
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26,396
|
3.5860 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
40,279
|
3.5860 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
50,439
|
3.5859 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
54,573
|
3.5708 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
207,573
|
3.5737 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
488,250
|
3.5737 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
14,752
|
3.5603 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2
|
3.5640 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5
|
3.5652 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
9
|
3.5855 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
18
|
3.5861 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
196
|
3.5860 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
858
|
3.5440 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
870
|
3.5560 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,142
|
3.5665 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
2,983
|
3.5520 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
4,256
|
3.5662 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
10,002
|
3.5859 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
10,726
|
3.5860 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
11,202
|
3.5860 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
21,838
|
3.5680 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
51,611
|
3.5630 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
54,495
|
3.5616 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
56,699
|
3.5665 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
72,846
|
3.5646 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
95,759
|
3.5829 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
339,996
|
3.5675 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
|
|
|
|
|
|
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|
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|
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|
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|
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|
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(ii)
|
Exercising
|
|
|
|
|
|
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Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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(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:
|
13 Jun 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
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