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
May 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:
|
|
|
20,895,839
|
1.51%
|
20,589,125
|
1.49%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
8,487,924
|
0.62%
|
19,065,730
|
1.38%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
29,383,763
|
2.13%
|
39,654,855
|
2.87%
|
(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
|
860,520
|
3.6220 GBP
|
10p
ordinary
|
Purchase
|
508,959
|
3.6175 GBP
|
10p
ordinary
|
Purchase
|
441,300
|
3.6279 GBP
|
10p
ordinary
|
Purchase
|
420,423
|
3.6193 GBP
|
10p
ordinary
|
Purchase
|
352,539
|
3.6161 GBP
|
10p
ordinary
|
Purchase
|
343,786
|
3.6155 GBP
|
10p
ordinary
|
Purchase
|
207,975
|
3.6200 GBP
|
10p
ordinary
|
Purchase
|
201,380
|
3.6164 GBP
|
10p
ordinary
|
Purchase
|
150,000
|
3.5728 GBP
|
10p
ordinary
|
Purchase
|
98,450
|
3.6108 GBP
|
10p
ordinary
|
Purchase
|
89,476
|
3.6307 GBP
|
10p
ordinary
|
Purchase
|
71,781
|
3.6169 GBP
|
10p
ordinary
|
Purchase
|
50,261
|
3.6219 GBP
|
10p
ordinary
|
Purchase
|
34,512
|
3.6233 GBP
|
10p
ordinary
|
Purchase
|
32,619
|
3.6251 GBP
|
10p
ordinary
|
Purchase
|
24,610
|
3.6121 GBP
|
10p
ordinary
|
Purchase
|
18,802
|
3.6400 GBP
|
10p
ordinary
|
Purchase
|
18,644
|
3.6237 GBP
|
10p
ordinary
|
Purchase
|
16,774
|
3.6297 GBP
|
10p
ordinary
|
Purchase
|
11,955
|
3.6266 GBP
|
10p
ordinary
|
Purchase
|
10,792
|
3.5960 GBP
|
10p
ordinary
|
Purchase
|
8,722
|
3.6215 GBP
|
10p
ordinary
|
Purchase
|
8,587
|
3.6261 GBP
|
10p
ordinary
|
Purchase
|
6,571
|
3.6145 GBP
|
10p
ordinary
|
Purchase
|
5,621
|
3.6240 GBP
|
10p
ordinary
|
Purchase
|
4,841
|
3.6183 GBP
|
10p
ordinary
|
Purchase
|
4,314
|
3.5900 GBP
|
10p
ordinary
|
Purchase
|
4,284
|
3.6243 GBP
|
10p
ordinary
|
Purchase
|
4,150
|
3.6223 GBP
|
10p
ordinary
|
Purchase
|
3,907
|
3.6260 GBP
|
10p
ordinary
|
Purchase
|
3,421
|
3.6300 GBP
|
10p
ordinary
|
Purchase
|
3,206
|
3.6420 GBP
|
10p
ordinary
|
Purchase
|
2,754
|
3.6253 GBP
|
10p
ordinary
|
Purchase
|
2,068
|
3.6011 GBP
|
10p
ordinary
|
Purchase
|
1,683
|
3.6160 GBP
|
10p
ordinary
|
Purchase
|
1,296
|
3.6320 GBP
|
10p
ordinary
|
Purchase
|
1,000
|
3.6140 GBP
|
10p
ordinary
|
Purchase
|
908
|
3.6280 GBP
|
10p
ordinary
|
Purchase
|
620
|
3.5990 GBP
|
10p
ordinary
|
Purchase
|
600
|
3.6162 GBP
|
10p
ordinary
|
Purchase
|
518
|
3.6020 GBP
|
10p
ordinary
|
Purchase
|
256
|
3.6189 GBP
|
10p
ordinary
|
Purchase
|
161
|
3.5880 GBP
|
10p
ordinary
|
Sale
|
2,810,947
|
3.5800 GBP
|
10p
ordinary
|
Sale
|
1,367,673
|
3.6200 GBP
|
10p
ordinary
|
Sale
|
430,239
|
3.6207 GBP
|
10p
ordinary
|
Sale
|
250,000
|
3.6244 GBP
|
10p
ordinary
|
Sale
|
178,955
|
3.6193 GBP
|
10p
ordinary
|
Sale
|
163,594
|
3.6123 GBP
|
10p
ordinary
|
Sale
|
105,778
|
3.6177 GBP
|
10p
ordinary
|
Sale
|
76,291
|
3.6241 GBP
|
10p
ordinary
|
Sale
|
70,622
|
3.5962 GBP
|
10p
ordinary
|
Sale
|
45,257
|
3.6212 GBP
|
10p
ordinary
|
Sale
|
44,053
|
3.5899 GBP
|
10p
ordinary
|
Sale
|
40,288
|
3.6199 GBP
|
10p
ordinary
|
Sale
|
40,121
|
3.6210 GBP
|
10p
ordinary
|
Sale
|
35,235
|
3.6420 GBP
|
10p
ordinary
|
Sale
|
30,707
|
3.6248 GBP
|
10p
ordinary
|
Sale
|
28,491
|
3.5838 GBP
|
10p
ordinary
|
Sale
|
26,021
|
3.6181 GBP
|
10p
ordinary
|
Sale
|
22,145
|
3.6184 GBP
|
10p
ordinary
|
Sale
|
20,580
|
3.6196 GBP
|
10p
ordinary
|
Sale
|
19,197
|
3.6250 GBP
|
10p
ordinary
|
Sale
|
17,597
|
3.6247 GBP
|
10p
ordinary
|
Sale
|
17,390
|
3.5851 GBP
|
10p
ordinary
|
Sale
|
16,633
|
3.5964 GBP
|
10p
ordinary
|
Sale
|
14,377
|
3.6081 GBP
|
10p
ordinary
|
Sale
|
13,327
|
3.5700 GBP
|
10p
ordinary
|
Sale
|
10,792
|
3.5960 GBP
|
10p
ordinary
|
Sale
|
6,580
|
3.6135 GBP
|
10p
ordinary
|
Sale
|
6,409
|
3.6141 GBP
|
10p
ordinary
|
Sale
|
6,090
|
3.6259 GBP
|
10p
ordinary
|
Sale
|
5,621
|
3.6240 GBP
|
10p
ordinary
|
Sale
|
4,761
|
3.6260 GBP
|
10p
ordinary
|
Sale
|
4,735
|
3.6205 GBP
|
10p
ordinary
|
Sale
|
2,901
|
3.6140 GBP
|
10p
ordinary
|
Sale
|
2,870
|
3.5660 GBP
|
10p
ordinary
|
Sale
|
2,646
|
3.5794 GBP
|
10p
ordinary
|
Sale
|
2,591
|
3.6280 GBP
|
10p
ordinary
|
Sale
|
1,685
|
3.6320 GBP
|
10p
ordinary
|
Sale
|
1,683
|
3.6160 GBP
|
10p
ordinary
|
Sale
|
1,682
|
3.6300 GBP
|
10p
ordinary
|
Sale
|
1,520
|
3.6183 GBP
|
10p
ordinary
|
Sale
|
1,486
|
3.6400 GBP
|
10p
ordinary
|
Sale
|
1,231
|
3.6180 GBP
|
10p
ordinary
|
Sale
|
909
|
3.6220 GBP
|
10p
ordinary
|
Sale
|
886
|
3.5900 GBP
|
10p
ordinary
|
Sale
|
620
|
3.5990 GBP
|
10p
ordinary
|
Sale
|
518
|
3.6020 GBP
|
10p
ordinary
|
Sale
|
385
|
3.5914 GBP
|
10p
ordinary
|
Sale
|
348
|
3.6291 GBP
|
10p
ordinary
|
Sale
|
331
|
3.6000 GBP
|
10p
ordinary
|
Sale
|
15
|
3.6119 GBP
|
10p
ordinary
|
Sale
|
13
|
3.6005 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
|
Closing
Short
|
71,848
|
3.6043 GBP
|
10p
ordinary
|
SWAP
|
Closing
Short
|
441,300
|
3.6279 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
161
|
3.5880 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
600
|
3.6162 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
215
|
3.6320 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
262
|
3.6280 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
620
|
3.5990 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
5,289
|
3.6200 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
10,792
|
3.5959 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
33,632
|
3.6419 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
105,778
|
3.6177 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
178,955
|
3.6193 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,810,947
|
3.5800 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
15
|
3.6119 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,068
|
3.6011 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,073
|
3.5900 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,284
|
3.6243 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
50,002
|
3.6102 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
70,839
|
3.6192 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
89,476
|
3.6307 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
95,000
|
3.6155 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
132,220
|
3.6200 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
137,504
|
3.6102 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
163,576
|
3.6194 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
201,380
|
3.6164 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
211,307
|
3.6200 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
235,000
|
3.6155 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
352,539
|
3.6161 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
59,979
|
3.6162 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
152,510
|
3.6135 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
1,022,638
|
3.6200 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 May 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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