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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
|
DS
SMITH PLC
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|
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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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03
Jul 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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|
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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
|
|
|
|
to
which the disclosure relates following the dealing(if
any)
|
|
|
Class of relevant security:
|
10p
ordinary
|
|
|
Interests
|
Short
Positions
|
|
|
Number
|
(%)
|
Number
|
(%)
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|
(1)
|
Relevant securities owned
|
|
|
|
|
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|
and/or controlled:
|
|
|
32,328,111
|
2.34%
|
22,282,512
|
1.62%
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|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
8,643,725
|
0.63%
|
31,600,643
|
2.29%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
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and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
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TOTAL:
|
|
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40,971,836
|
2.97%
|
53,883,155
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3.91%
|
|
(b)
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Rights to subscribe for new securities (including directors
and other executive
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|
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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
|
Purchase/sale
|
Number of
|
Price per
unit
|
|
security
|
|
securities
|
|
|
10p
ordinary
|
Purchase
|
358,000
|
4.2443 GBP
|
|
10p
ordinary
|
Purchase
|
337,768
|
4.2577 GBP
|
|
10p
ordinary
|
Purchase
|
250,000
|
4.2381 GBP
|
|
10p
ordinary
|
Purchase
|
212,171
|
4.2600 GBP
|
|
10p
ordinary
|
Purchase
|
197,254
|
4.2615 GBP
|
|
10p
ordinary
|
Purchase
|
187,911
|
4.2597 GBP
|
|
10p
ordinary
|
Purchase
|
100,000
|
4.2371 GBP
|
|
10p
ordinary
|
Purchase
|
81,442
|
4.2729 GBP
|
|
10p
ordinary
|
Purchase
|
72,122
|
4.2469 GBP
|
|
10p
ordinary
|
Purchase
|
68,373
|
4.2535 GBP
|
|
10p
ordinary
|
Purchase
|
57,900
|
4.2667 GBP
|
|
10p
ordinary
|
Purchase
|
48,300
|
4.2583 GBP
|
|
10p
ordinary
|
Purchase
|
37,342
|
4.2669 GBP
|
|
10p
ordinary
|
Purchase
|
26,826
|
4.2508 GBP
|
|
10p
ordinary
|
Purchase
|
20,958
|
4.2549 GBP
|
|
10p
ordinary
|
Purchase
|
18,372
|
4.2829 GBP
|
|
10p
ordinary
|
Purchase
|
17,821
|
4.2529 GBP
|
|
10p
ordinary
|
Purchase
|
17,041
|
4.2525 GBP
|
|
10p
ordinary
|
Purchase
|
15,312
|
4.2424 GBP
|
|
10p
ordinary
|
Purchase
|
10,735
|
4.2400 GBP
|
|
10p
ordinary
|
Purchase
|
10,569
|
4.2548 GBP
|
|
10p
ordinary
|
Purchase
|
10,209
|
4.2772 GBP
|
|
10p
ordinary
|
Purchase
|
8,593
|
4.2545 GBP
|
|
10p
ordinary
|
Purchase
|
8,114
|
4.2552 GBP
|
|
10p
ordinary
|
Purchase
|
6,813
|
4.2566 GBP
|
|
10p
ordinary
|
Purchase
|
4,855
|
4.2684 GBP
|
|
10p
ordinary
|
Purchase
|
4,853
|
4.2700 GBP
|
|
10p
ordinary
|
Purchase
|
3,819
|
4.2426 GBP
|
|
10p
ordinary
|
Purchase
|
3,181
|
4.2446 GBP
|
|
10p
ordinary
|
Purchase
|
2,549
|
4.2455 GBP
|
|
10p
ordinary
|
Purchase
|
2,310
|
4.2805 GBP
|
|
10p
ordinary
|
Purchase
|
2,193
|
4.2757 GBP
|
|
10p
ordinary
|
Purchase
|
1,970
|
4.2571 GBP
|
|
10p
ordinary
|
Purchase
|
1,944
|
4.2467 GBP
|
|
10p
ordinary
|
Purchase
|
1,934
|
4.2737 GBP
|
|
10p
ordinary
|
Purchase
|
1,519
|
4.2798 GBP
|
|
10p
ordinary
|
Purchase
|
1,500
|
4.2780 GBP
|
|
10p
ordinary
|
Purchase
|
1,340
|
4.2900 GBP
|
|
10p
ordinary
|
Purchase
|
1,074
|
4.2680 GBP
|
|
10p
ordinary
|
Purchase
|
921
|
4.2840 GBP
|
|
10p
ordinary
|
Purchase
|
759
|
4.2920 GBP
|
|
10p
ordinary
|
Purchase
|
707
|
4.2800 GBP
|
|
10p
ordinary
|
Purchase
|
678
|
4.2820 GBP
|
|
10p
ordinary
|
Purchase
|
674
|
4.2940 GBP
|
|
10p
ordinary
|
Purchase
|
663
|
4.2760 GBP
|
|
10p
ordinary
|
Purchase
|
662
|
4.2740 GBP
|
|
10p
ordinary
|
Purchase
|
657
|
4.2560 GBP
|
|
10p
ordinary
|
Purchase
|
294
|
4.2559 GBP
|
|
10p
ordinary
|
Purchase
|
40
|
4.2420 GBP
|
|
10p
ordinary
|
Sale
|
258,952
|
4.2612 GBP
|
|
10p
ordinary
|
Sale
|
166,544
|
4.2445 GBP
|
|
10p
ordinary
|
Sale
|
156,817
|
4.2600 GBP
|
|
10p
ordinary
|
Sale
|
116,378
|
4.2588 GBP
|
|
10p
ordinary
|
Sale
|
74,695
|
4.2579 GBP
|
|
10p
ordinary
|
Sale
|
58,819
|
4.2599 GBP
|
|
10p
ordinary
|
Sale
|
54,738
|
4.2774 GBP
|
|
10p
ordinary
|
Sale
|
53,373
|
4.2798 GBP
|
|
10p
ordinary
|
Sale
|
50,000
|
4.2656 GBP
|
|
10p
ordinary
|
Sale
|
17,469
|
4.2552 GBP
|
|
10p
ordinary
|
Sale
|
11,257
|
4.2422 GBP
|
|
10p
ordinary
|
Sale
|
10,725
|
4.2403 GBP
|
|
10p
ordinary
|
Sale
|
10,666
|
4.2637 GBP
|
|
10p
ordinary
|
Sale
|
10,063
|
4.2688 GBP
|
|
10p
ordinary
|
Sale
|
9,874
|
4.2518 GBP
|
|
10p
ordinary
|
Sale
|
8,114
|
4.2556 GBP
|
|
10p
ordinary
|
Sale
|
7,169
|
4.2732 GBP
|
|
10p
ordinary
|
Sale
|
6,401
|
4.2625 GBP
|
|
10p
ordinary
|
Sale
|
4,853
|
4.2700 GBP
|
|
10p
ordinary
|
Sale
|
4,792
|
4.2617 GBP
|
|
10p
ordinary
|
Sale
|
3,977
|
4.2424 GBP
|
|
10p
ordinary
|
Sale
|
3,589
|
4.2471 GBP
|
|
10p
ordinary
|
Sale
|
3,247
|
4.2553 GBP
|
|
10p
ordinary
|
Sale
|
2,549
|
4.2434 GBP
|
|
10p
ordinary
|
Sale
|
2,319
|
4.2540 GBP
|
|
10p
ordinary
|
Sale
|
2,310
|
4.2810 GBP
|
|
10p
ordinary
|
Sale
|
1,826
|
4.2452 GBP
|
|
10p
ordinary
|
Sale
|
1,654
|
4.2442 GBP
|
|
10p
ordinary
|
Sale
|
1,519
|
4.2802 GBP
|
|
10p
ordinary
|
Sale
|
1,500
|
4.2780 GBP
|
|
10p
ordinary
|
Sale
|
1,340
|
4.2900 GBP
|
|
10p
ordinary
|
Sale
|
1,136
|
4.2400 GBP
|
|
10p
ordinary
|
Sale
|
1,121
|
4.2340 GBP
|
|
10p
ordinary
|
Sale
|
1,097
|
4.2459 GBP
|
|
10p
ordinary
|
Sale
|
887
|
4.2438 GBP
|
|
10p
ordinary
|
Sale
|
759
|
4.2920 GBP
|
|
10p
ordinary
|
Sale
|
754
|
4.2840 GBP
|
|
10p
ordinary
|
Sale
|
753
|
4.2770 GBP
|
|
10p
ordinary
|
Sale
|
707
|
4.2800 GBP
|
|
10p
ordinary
|
Sale
|
679
|
4.2680 GBP
|
|
10p
ordinary
|
Sale
|
678
|
4.2820 GBP
|
|
10p
ordinary
|
Sale
|
674
|
4.2940 GBP
|
|
10p
ordinary
|
Sale
|
663
|
4.2760 GBP
|
|
10p
ordinary
|
Sale
|
662
|
4.2740 GBP
|
|
10p
ordinary
|
Sale
|
657
|
4.2560 GBP
|
|
10p
ordinary
|
Sale
|
40
|
4.2420 GBP
|
|
|
|
|
|
|
|
|
|
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(b)
|
Cash-settled derivative transactions
|
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
|
relevant
|
description
|
|
reference
|
unit
|
|
security
|
|
|
securities
|
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
1,551
|
4.2565 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
12,267
|
4.2567 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Long
|
173,440
|
4.2600 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
4,304
|
4.2592 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1
|
4.2700 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
53,864
|
4.2599 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,121
|
4.2340 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,136
|
4.2400 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
11,257
|
4.2422 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
40,447
|
4.2600 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
53,373
|
4.2798 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
75,000
|
4.2381 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,735
|
4.2400 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
134,819
|
4.2426 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
72,122
|
4.2469 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
22,466
|
4.2588 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
103,386
|
4.2599 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
100,000
|
4.2602 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
3,977
|
4.2424 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
829
|
4.2476 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
16,212
|
4.2527 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
68,373
|
4.2535 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
17,469
|
4.2552 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,955
|
4.2599 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
50,000
|
4.2656 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
116,378
|
4.2588 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,711
|
4.2600 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
175,000
|
4.2381 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
327,000
|
4.2427 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
294
|
4.2560 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
262,215
|
4.2599 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
78,128
|
4.2600 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,934
|
4.2738 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
10,684
|
4.2742 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
167
|
4.2840 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 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:
|
04 Jul 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
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