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:
|
09
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:
|
|
|
22,910,505
|
1.66%
|
19,153,787
|
1.39%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
7,931,188
|
0.57%
|
20,408,225
|
1.48%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
30,841,693
|
2.24%
|
39,562,012
|
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
|
1,017,796
|
3.6340 GBP
|
10p
ordinary
|
Purchase
|
712,897
|
3.6062 GBP
|
10p
ordinary
|
Purchase
|
446,148
|
3.6303 GBP
|
10p
ordinary
|
Purchase
|
435,500
|
3.6423 GBP
|
10p
ordinary
|
Purchase
|
400,000
|
3.6682 GBP
|
10p
ordinary
|
Purchase
|
320,197
|
3.6262 GBP
|
10p
ordinary
|
Purchase
|
235,159
|
3.6004 GBP
|
10p
ordinary
|
Purchase
|
156,613
|
3.6217 GBP
|
10p
ordinary
|
Purchase
|
122,519
|
3.6000 GBP
|
10p
ordinary
|
Purchase
|
93,945
|
3.6425 GBP
|
10p
ordinary
|
Purchase
|
51,026
|
3.6541 GBP
|
10p
ordinary
|
Purchase
|
45,519
|
3.6080 GBP
|
10p
ordinary
|
Purchase
|
38,607
|
3.6690 GBP
|
10p
ordinary
|
Purchase
|
20,334
|
3.6718 GBP
|
10p
ordinary
|
Purchase
|
16,078
|
3.6737 GBP
|
10p
ordinary
|
Purchase
|
15,392
|
3.6421 GBP
|
10p
ordinary
|
Purchase
|
14,279
|
3.6712 GBP
|
10p
ordinary
|
Purchase
|
11,999
|
3.6486 GBP
|
10p
ordinary
|
Purchase
|
11,158
|
3.6388 GBP
|
10p
ordinary
|
Purchase
|
10,153
|
3.6688 GBP
|
10p
ordinary
|
Purchase
|
9,283
|
3.6218 GBP
|
10p
ordinary
|
Purchase
|
7,985
|
3.6005 GBP
|
10p
ordinary
|
Purchase
|
7,964
|
3.6401 GBP
|
10p
ordinary
|
Purchase
|
7,363
|
3.6652 GBP
|
10p
ordinary
|
Purchase
|
5,916
|
3.6719 GBP
|
10p
ordinary
|
Purchase
|
4,799
|
3.6708 GBP
|
10p
ordinary
|
Purchase
|
4,681
|
3.6538 GBP
|
10p
ordinary
|
Purchase
|
4,000
|
3.5979 GBP
|
10p
ordinary
|
Purchase
|
3,294
|
3.6648 GBP
|
10p
ordinary
|
Purchase
|
2,975
|
3.6725 GBP
|
10p
ordinary
|
Purchase
|
2,843
|
3.6240 GBP
|
10p
ordinary
|
Purchase
|
2,734
|
3.6776 GBP
|
10p
ordinary
|
Purchase
|
2,062
|
3.6700 GBP
|
10p
ordinary
|
Purchase
|
2,057
|
3.6740 GBP
|
10p
ordinary
|
Purchase
|
2,006
|
3.6400 GBP
|
10p
ordinary
|
Purchase
|
1,892
|
3.6720 GBP
|
10p
ordinary
|
Purchase
|
1,721
|
3.6382 GBP
|
10p
ordinary
|
Purchase
|
1,694
|
3.6300 GBP
|
10p
ordinary
|
Purchase
|
1,541
|
3.6379 GBP
|
10p
ordinary
|
Purchase
|
1,508
|
3.6180 GBP
|
10p
ordinary
|
Purchase
|
1,339
|
3.6620 GBP
|
10p
ordinary
|
Purchase
|
1,295
|
3.6269 GBP
|
10p
ordinary
|
Purchase
|
1,243
|
3.6734 GBP
|
10p
ordinary
|
Purchase
|
1,220
|
3.6770 GBP
|
10p
ordinary
|
Purchase
|
1,090
|
3.6780 GBP
|
10p
ordinary
|
Purchase
|
1,073
|
3.6511 GBP
|
10p
ordinary
|
Purchase
|
980
|
3.6380 GBP
|
10p
ordinary
|
Purchase
|
883
|
3.6480 GBP
|
10p
ordinary
|
Purchase
|
880
|
3.6500 GBP
|
10p
ordinary
|
Purchase
|
873
|
3.6840 GBP
|
10p
ordinary
|
Purchase
|
864
|
3.6640 GBP
|
10p
ordinary
|
Purchase
|
811
|
3.6160 GBP
|
10p
ordinary
|
Purchase
|
681
|
3.6181 GBP
|
10p
ordinary
|
Purchase
|
575
|
3.6230 GBP
|
10p
ordinary
|
Purchase
|
574
|
3.6200 GBP
|
10p
ordinary
|
Purchase
|
562
|
3.6680 GBP
|
10p
ordinary
|
Purchase
|
560
|
3.6220 GBP
|
10p
ordinary
|
Purchase
|
236
|
3.6360 GBP
|
10p
ordinary
|
Purchase
|
4
|
3.6660 GBP
|
10p
ordinary
|
Purchase
|
1
|
3.6280 GBP
|
10p
ordinary
|
Sale
|
463,046
|
3.6000 GBP
|
10p
ordinary
|
Sale
|
444,299
|
3.6058 GBP
|
10p
ordinary
|
Sale
|
355,708
|
3.6026 GBP
|
10p
ordinary
|
Sale
|
235,512
|
3.6413 GBP
|
10p
ordinary
|
Sale
|
150,000
|
3.6720 GBP
|
10p
ordinary
|
Sale
|
122,927
|
3.6375 GBP
|
10p
ordinary
|
Sale
|
112,224
|
3.6475 GBP
|
10p
ordinary
|
Sale
|
81,304
|
3.6091 GBP
|
10p
ordinary
|
Sale
|
48,393
|
3.6485 GBP
|
10p
ordinary
|
Sale
|
44,699
|
3.6277 GBP
|
10p
ordinary
|
Sale
|
38,589
|
3.6299 GBP
|
10p
ordinary
|
Sale
|
35,855
|
3.6349 GBP
|
10p
ordinary
|
Sale
|
35,676
|
3.6362 GBP
|
10p
ordinary
|
Sale
|
23,581
|
3.6598 GBP
|
10p
ordinary
|
Sale
|
19,350
|
3.6096 GBP
|
10p
ordinary
|
Sale
|
18,228
|
3.6386 GBP
|
10p
ordinary
|
Sale
|
17,795
|
3.6372 GBP
|
10p
ordinary
|
Sale
|
12,642
|
3.6507 GBP
|
10p
ordinary
|
Sale
|
11,333
|
3.6462 GBP
|
10p
ordinary
|
Sale
|
9,076
|
3.6263 GBP
|
10p
ordinary
|
Sale
|
7,179
|
3.6422 GBP
|
10p
ordinary
|
Sale
|
7,033
|
3.6318 GBP
|
10p
ordinary
|
Sale
|
6,729
|
3.6274 GBP
|
10p
ordinary
|
Sale
|
5,209
|
3.6140 GBP
|
10p
ordinary
|
Sale
|
4,526
|
3.6240 GBP
|
10p
ordinary
|
Sale
|
4,184
|
3.6286 GBP
|
10p
ordinary
|
Sale
|
3,611
|
3.6326 GBP
|
10p
ordinary
|
Sale
|
3,453
|
3.6383 GBP
|
10p
ordinary
|
Sale
|
2,919
|
3.6394 GBP
|
10p
ordinary
|
Sale
|
2,913
|
3.6400 GBP
|
10p
ordinary
|
Sale
|
2,739
|
3.6227 GBP
|
10p
ordinary
|
Sale
|
2,676
|
3.6371 GBP
|
10p
ordinary
|
Sale
|
2,477
|
3.6290 GBP
|
10p
ordinary
|
Sale
|
2,402
|
3.6309 GBP
|
10p
ordinary
|
Sale
|
2,267
|
3.6436 GBP
|
10p
ordinary
|
Sale
|
2,078
|
3.6359 GBP
|
10p
ordinary
|
Sale
|
2,062
|
3.6700 GBP
|
10p
ordinary
|
Sale
|
2,057
|
3.6740 GBP
|
10p
ordinary
|
Sale
|
1,694
|
3.6300 GBP
|
10p
ordinary
|
Sale
|
1,508
|
3.6180 GBP
|
10p
ordinary
|
Sale
|
1,405
|
3.6220 GBP
|
10p
ordinary
|
Sale
|
1,339
|
3.6620 GBP
|
10p
ordinary
|
Sale
|
1,220
|
3.6770 GBP
|
10p
ordinary
|
Sale
|
1,090
|
3.6780 GBP
|
10p
ordinary
|
Sale
|
883
|
3.6480 GBP
|
10p
ordinary
|
Sale
|
880
|
3.6500 GBP
|
10p
ordinary
|
Sale
|
873
|
3.6840 GBP
|
10p
ordinary
|
Sale
|
864
|
3.6640 GBP
|
10p
ordinary
|
Sale
|
845
|
3.6293 GBP
|
10p
ordinary
|
Sale
|
811
|
3.6160 GBP
|
10p
ordinary
|
Sale
|
579
|
3.6199 GBP
|
10p
ordinary
|
Sale
|
562
|
3.6680 GBP
|
10p
ordinary
|
Sale
|
1
|
3.6280 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
Long
|
131,090
|
3.6340 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
227,641
|
3.6000 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
338,949
|
3.6076 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
435,500
|
3.6423 GBP
|
10p
ordinary
|
SWAP
|
Closing
Short
|
44,699
|
3.6277 GBP
|
10p
ordinary
|
SWAP
|
Closing
Short
|
81,304
|
3.6091 GBP
|
10p
ordinary
|
SWAP
|
Closing
Short
|
112,224
|
3.6475 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
605
|
3.6382 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
681
|
3.6181 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,073
|
3.6510 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,682
|
3.6419 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,892
|
3.6720 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,985
|
3.6340 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
4,681
|
3.6538 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
7,985
|
3.6005 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
11,999
|
3.6486 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
51,026
|
3.6541 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
93,945
|
3.6425 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
140
|
3.6280 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
845
|
3.6293 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,676
|
3.6400 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,919
|
3.6394 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
48,644
|
3.6009 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
68,617
|
3.6372 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
235,512
|
3.6413 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
236,285
|
3.6000 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
579
|
3.6199 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
1
|
3.6300 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
560
|
3.6220 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,295
|
3.6269 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
29,506
|
3.6341 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
65,627
|
3.6000 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
78,468
|
3.6023 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
88,004
|
3.6003 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
156,613
|
3.6217 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
320,197
|
3.6262 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
419,278
|
3.6000 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,015,811
|
3.6339 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
63,839
|
3.6294 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:
|
10 May 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
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