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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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09
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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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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36,229,701
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2.63%
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21,814,197
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1.58%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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8,357,709
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0.61%
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35,530,849
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2.58%
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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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44,587,410
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3.23%
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57,345,046
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4.16%
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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
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663,316
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4.2000 GBP
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10p
ordinary
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Purchase
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358,000
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4.1917 GBP
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10p
ordinary
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Purchase
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163,490
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4.1975 GBP
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10p
ordinary
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Purchase
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70,174
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4.1935 GBP
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10p
ordinary
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Purchase
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50,743
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4.1955 GBP
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10p
ordinary
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Purchase
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49,151
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4.1978 GBP
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10p
ordinary
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Purchase
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27,838
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4.2060 GBP
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10p
ordinary
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Purchase
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27,490
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4.1972 GBP
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10p
ordinary
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Purchase
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14,171
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4.1918 GBP
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10p
ordinary
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Purchase
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13,200
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4.1871 GBP
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10p
ordinary
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Purchase
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13,065
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4.1991 GBP
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10p
ordinary
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Purchase
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11,239
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4.1873 GBP
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10p
ordinary
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Purchase
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4,598
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4.1671 GBP
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10p
ordinary
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Purchase
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4,528
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4.1928 GBP
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10p
ordinary
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Purchase
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3,367
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4.1959 GBP
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10p
ordinary
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Purchase
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3,359
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4.1860 GBP
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10p
ordinary
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Purchase
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3,096
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4.1896 GBP
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10p
ordinary
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Purchase
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3,081
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4.2037 GBP
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10p
ordinary
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Purchase
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2,909
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4.1933 GBP
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10p
ordinary
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Purchase
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2,904
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4.1909 GBP
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10p
ordinary
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Purchase
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2,879
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4.1849 GBP
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10p
ordinary
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Purchase
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2,772
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4.1961 GBP
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10p
ordinary
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Purchase
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2,436
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4.1870 GBP
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10p
ordinary
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Purchase
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1,933
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4.1855 GBP
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10p
ordinary
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Purchase
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1,868
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4.1946 GBP
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10p
ordinary
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Purchase
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1,668
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4.1850 GBP
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10p
ordinary
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Purchase
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1,383
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4.1876 GBP
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10p
ordinary
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Purchase
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1,268
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4.2020 GBP
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10p
ordinary
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Purchase
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659
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4.1920 GBP
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10p
ordinary
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Purchase
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348
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4.1761 GBP
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10p
ordinary
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Purchase
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223
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4.1900 GBP
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10p
ordinary
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Purchase
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200
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4.1590 GBP
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10p
ordinary
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Purchase
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148
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4.1800 GBP
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10p
ordinary
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Sale
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500,000
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4.2030 GBP
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10p
ordinary
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Sale
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226,755
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4.1989 GBP
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10p
ordinary
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Sale
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97,785
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4.2000 GBP
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10p
ordinary
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Sale
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85,247
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4.1922 GBP
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10p
ordinary
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Sale
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81,705
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4.1992 GBP
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10p
ordinary
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Sale
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38,026
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4.1960 GBP
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10p
ordinary
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Sale
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33,554
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4.1995 GBP
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10p
ordinary
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Sale
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32,453
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4.1934 GBP
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10p
ordinary
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Sale
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25,673
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4.1911 GBP
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10p
ordinary
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Sale
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24,826
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4.2002 GBP
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10p
ordinary
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Sale
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18,910
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4.1932 GBP
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10p
ordinary
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Sale
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7,400
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4.1847 GBP
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10p
ordinary
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Sale
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7,000
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4.1964 GBP
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10p
ordinary
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Sale
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4,895
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4.1866 GBP
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10p
ordinary
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Sale
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4,375
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4.1660 GBP
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10p
ordinary
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Sale
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3,535
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4.1990 GBP
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10p
ordinary
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Sale
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3,088
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4.1908 GBP
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10p
ordinary
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Sale
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3,078
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4.1919 GBP
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10p
ordinary
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Sale
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2,409
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4.1926 GBP
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10p
ordinary
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Sale
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1,239
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4.1820 GBP
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10p
ordinary
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Sale
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1,166
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4.1880 GBP
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10p
ordinary
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Sale
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1,037
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4.1980 GBP
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10p
ordinary
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Sale
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264
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4.1760 GBP
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10p
ordinary
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Sale
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148
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4.1883 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
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security
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securities
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10p
ordinary
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CFD
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Increasing Long
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83,889
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4.2000 GBP
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10p
ordinary
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CFD
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Decreasing Long
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4,617
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4.1975 GBP
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10p
ordinary
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CFD
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Decreasing Long
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34,756
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4.2000 GBP
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10p
ordinary
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SWAP
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Decreasing Long
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4,304
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4.1948 GBP
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10p
ordinary
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SWAP
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Opening
Long
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18,910
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4.1932 GBP
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10p
ordinary
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SWAP
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Increasing Long
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46,115
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4.1950 GBP
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10p
ordinary
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SWAP
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Increasing Long
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500,000
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4.2030 GBP
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10p
ordinary
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SWAP
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Decreasing Long
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27,860
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4.1854 GBP
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10p
ordinary
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SWAP
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Decreasing Long
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518,255
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4.2000 GBP
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10p
ordinary
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SWAP
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Increasing Long
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81,705
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4.1991 GBP
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10p
ordinary
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SWAP
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Increasing Short
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48,350
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4.1978 GBP
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10p
ordinary
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SWAP
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Increasing Short
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801
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4.1978 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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3,088
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4.1908 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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85,247
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4.1922 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,409
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4.1926 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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29,276
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4.1943 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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99,978
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4.1991 GBP
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10p
ordinary
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SWAP
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Increasing Short
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100
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4.1610 GBP
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10p
ordinary
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SWAP
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Increasing Short
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834
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4.1850 GBP
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10p
ordinary
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SWAP
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Increasing Short
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101,000
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4.1917 GBP
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10p
ordinary
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SWAP
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Increasing Short
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70,174
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4.1935 GBP
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10p
ordinary
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SWAP
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Increasing Short
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1,868
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4.1946 GBP
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10p
ordinary
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SWAP
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Increasing Short
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3,367
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4.1959 GBP
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10p
ordinary
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SWAP
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Increasing Short
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2,904
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4.1962 GBP
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10p
ordinary
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SWAP
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Increasing Short
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78,853
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4.2000 GBP
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10p
ordinary
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SWAP
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Increasing Long
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33,554
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4.1995 GBP
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10p
ordinary
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SWAP
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Decreasing Long
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538
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4.1860 GBP
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|
10p
ordinary
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SWAP
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Decreasing Long
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3,081
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4.2037 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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3,535
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4.1990 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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3,292
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4.2025 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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100
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4.1610 GBP
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|
10p
ordinary
|
SWAP
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Increasing Short
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2,922
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4.1856 GBP
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10p
ordinary
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SWAP
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Increasing Short
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9,264
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4.1873 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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257,000
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4.1917 GBP
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|
10p
ordinary
|
SWAP
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Increasing Short
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52,403
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4.2000 GBP
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
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Class
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Product
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Writing,
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Number
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
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paid/
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security
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varying etc
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to which
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received
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option
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per unit
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relates
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(ii)
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Exercising
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Class of
relevant
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Product
description
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Exercising/ exercised
against
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Number of
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Exercise price
per
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security
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|
securities
|
unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of
relevant
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Nature of
Dealings
|
Details
|
Price per unit
(if
|
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security
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applicable)
|
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4.
|
OTHER
INFORMATION
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(a)
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Indemnity and other dealings arrangements
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|
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Details of any indemnity or option arrangement, or any
agreement or understanding,
|
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formal or informal, relating to relevant securities which may
be an inducement to deal
|
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
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to
the offer or any person acting in concert with a party to the
offer:
|
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NONE
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(b)
|
Agreements, arrangements or understandings relating to options
or derivatives
|
|
|
Details of any agreement, arrangement or understanding, formal
or informal, between
|
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the
person making the disclosure and any other person relating
to:
|
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(i) the voting rights of any relevant securities under
any option; or
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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
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any
derivative is referenced:
|
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NONE
|
|
(c)
|
Attachments
|
|
|
|
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|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
10 Jul 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
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