|
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:
|
08
Jul 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:
|
|
|
35,831,977
|
2.60%
|
21,719,409
|
1.57%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
8,226,059
|
0.60%
|
35,127,734
|
2.55%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
44,058,036
|
3.19%
|
56,847,143
|
4.12%
|
|
(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
|
353,410
|
4.1702 GBP
|
|
10p
ordinary
|
Purchase
|
274,682
|
4.1719 GBP
|
|
10p
ordinary
|
Purchase
|
262,910
|
4.1592 GBP
|
|
10p
ordinary
|
Purchase
|
188,001
|
4.1732 GBP
|
|
10p
ordinary
|
Purchase
|
185,821
|
4.1740 GBP
|
|
10p
ordinary
|
Purchase
|
180,929
|
4.1535 GBP
|
|
10p
ordinary
|
Purchase
|
110,401
|
4.1575 GBP
|
|
10p
ordinary
|
Purchase
|
108,181
|
4.1528 GBP
|
|
10p
ordinary
|
Purchase
|
73,686
|
4.1544 GBP
|
|
10p
ordinary
|
Purchase
|
64,299
|
4.1737 GBP
|
|
10p
ordinary
|
Purchase
|
48,700
|
4.1584 GBP
|
|
10p
ordinary
|
Purchase
|
44,744
|
4.1509 GBP
|
|
10p
ordinary
|
Purchase
|
20,576
|
4.1602 GBP
|
|
10p
ordinary
|
Purchase
|
18,924
|
4.1582 GBP
|
|
10p
ordinary
|
Purchase
|
12,105
|
4.1545 GBP
|
|
10p
ordinary
|
Purchase
|
7,940
|
4.1506 GBP
|
|
10p
ordinary
|
Purchase
|
7,372
|
4.1622 GBP
|
|
10p
ordinary
|
Purchase
|
5,624
|
4.1520 GBP
|
|
10p
ordinary
|
Purchase
|
4,549
|
4.1500 GBP
|
|
10p
ordinary
|
Purchase
|
4,498
|
4.1534 GBP
|
|
10p
ordinary
|
Purchase
|
3,632
|
4.1515 GBP
|
|
10p
ordinary
|
Purchase
|
3,564
|
4.1530 GBP
|
|
10p
ordinary
|
Purchase
|
3,561
|
4.1537 GBP
|
|
10p
ordinary
|
Purchase
|
3,040
|
4.1581 GBP
|
|
10p
ordinary
|
Purchase
|
3,028
|
4.1503 GBP
|
|
10p
ordinary
|
Purchase
|
1,776
|
4.1608 GBP
|
|
10p
ordinary
|
Purchase
|
1,680
|
4.1539 GBP
|
|
10p
ordinary
|
Purchase
|
1,398
|
4.1440 GBP
|
|
10p
ordinary
|
Purchase
|
1,303
|
4.1560 GBP
|
|
10p
ordinary
|
Purchase
|
1,003
|
4.1447 GBP
|
|
10p
ordinary
|
Purchase
|
977
|
4.1505 GBP
|
|
10p
ordinary
|
Purchase
|
897
|
4.1460 GBP
|
|
10p
ordinary
|
Purchase
|
763
|
4.1420 GBP
|
|
10p
ordinary
|
Purchase
|
726
|
4.1660 GBP
|
|
10p
ordinary
|
Purchase
|
463
|
4.1580 GBP
|
|
10p
ordinary
|
Purchase
|
144
|
4.1479 GBP
|
|
10p
ordinary
|
Purchase
|
97
|
4.1437 GBP
|
|
10p
ordinary
|
Purchase
|
3
|
4.1540 GBP
|
|
10p
ordinary
|
Sale
|
416,300
|
4.1697 GBP
|
|
10p
ordinary
|
Sale
|
231,512
|
4.1740 GBP
|
|
10p
ordinary
|
Sale
|
204,431
|
4.1635 GBP
|
|
10p
ordinary
|
Sale
|
83,434
|
4.1542 GBP
|
|
10p
ordinary
|
Sale
|
60,694
|
4.1746 GBP
|
|
10p
ordinary
|
Sale
|
52,422
|
4.1548 GBP
|
|
10p
ordinary
|
Sale
|
18,476
|
4.1555 GBP
|
|
10p
ordinary
|
Sale
|
16,664
|
4.1599 GBP
|
|
10p
ordinary
|
Sale
|
13,001
|
4.1619 GBP
|
|
10p
ordinary
|
Sale
|
6,161
|
4.1502 GBP
|
|
10p
ordinary
|
Sale
|
5,827
|
4.1500 GBP
|
|
10p
ordinary
|
Sale
|
5,711
|
4.1581 GBP
|
|
10p
ordinary
|
Sale
|
4,319
|
4.1522 GBP
|
|
10p
ordinary
|
Sale
|
4,308
|
4.1595 GBP
|
|
10p
ordinary
|
Sale
|
4,237
|
4.1533 GBP
|
|
10p
ordinary
|
Sale
|
3,857
|
4.1577 GBP
|
|
10p
ordinary
|
Sale
|
2,917
|
4.1505 GBP
|
|
10p
ordinary
|
Sale
|
2,371
|
4.1504 GBP
|
|
10p
ordinary
|
Sale
|
2,235
|
4.1574 GBP
|
|
10p
ordinary
|
Sale
|
1,675
|
4.1580 GBP
|
|
10p
ordinary
|
Sale
|
1,615
|
4.1560 GBP
|
|
10p
ordinary
|
Sale
|
1,519
|
4.1520 GBP
|
|
10p
ordinary
|
Sale
|
1,479
|
4.1610 GBP
|
|
10p
ordinary
|
Sale
|
1,191
|
4.1485 GBP
|
|
10p
ordinary
|
Sale
|
897
|
4.1517 GBP
|
|
10p
ordinary
|
Sale
|
763
|
4.1420 GBP
|
|
10p
ordinary
|
Sale
|
726
|
4.1660 GBP
|
|
10p
ordinary
|
Sale
|
683
|
4.1440 GBP
|
|
10p
ordinary
|
Sale
|
145
|
4.1484 GBP
|
|
10p
ordinary
|
Sale
|
13
|
4.1444 GBP
|
|
10p
ordinary
|
Sale
|
3
|
4.1544 GBP
|
|
|
|
|
|
|
|
|
|
|
(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
|
2,672
|
4.1591 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
726
|
4.1660 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
926
|
4.1739 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Long
|
45,536
|
4.1547 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Long
|
926
|
4.1739 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Long
|
112,362
|
4.1740 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
4,304
|
4.1596 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,700
|
4.1427 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,191
|
4.1485 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,499
|
4.1522 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
83,434
|
4.1542 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,221
|
4.1555 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,235
|
4.1574 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,020
|
4.1506 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,564
|
4.1530 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
180,929
|
4.1535 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,040
|
4.1581 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
75,000
|
4.1592 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
24,106
|
4.1727 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
94,145
|
4.1739 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
5,711
|
4.1581 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
7,151
|
4.1621 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
221
|
4.1640 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,212
|
4.1580 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
110,401
|
4.1575 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
175,000
|
4.1592 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
76,801
|
4.1740 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:
|
09 Jul 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|