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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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28
May 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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32,322,780
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2.34%
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18,997,059
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1.38%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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8,005,268
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0.58%
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31,016,754
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2.25%
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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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40,328,048
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2.92%
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50,013,813
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3.63%
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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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|
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10p
ordinary
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Purchase
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686,447
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3.7421 GBP
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10p
ordinary
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Purchase
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448,239
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3.7440 GBP
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|
10p
ordinary
|
Purchase
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362,063
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3.7156 GBP
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|
10p
ordinary
|
Purchase
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194,362
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3.7405 GBP
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|
10p
ordinary
|
Purchase
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110,154
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3.7302 GBP
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|
10p
ordinary
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Purchase
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67,895
|
3.7162 GBP
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|
10p
ordinary
|
Purchase
|
27,961
|
3.7159 GBP
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|
10p
ordinary
|
Purchase
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15,523
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3.7271 GBP
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|
10p
ordinary
|
Purchase
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12,156
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3.7187 GBP
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|
10p
ordinary
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Purchase
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11,013
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3.6971 GBP
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|
10p
ordinary
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Purchase
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10,127
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3.7238 GBP
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|
10p
ordinary
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Purchase
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8,838
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3.7303 GBP
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|
10p
ordinary
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Purchase
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8,832
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3.7068 GBP
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|
10p
ordinary
|
Purchase
|
8,034
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3.7188 GBP
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|
10p
ordinary
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Purchase
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7,971
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3.7191 GBP
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|
10p
ordinary
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Purchase
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5,767
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3.7040 GBP
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10p
ordinary
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Purchase
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5,715
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3.7020 GBP
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10p
ordinary
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Purchase
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4,995
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3.7307 GBP
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10p
ordinary
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Purchase
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3,913
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3.7054 GBP
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|
10p
ordinary
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Purchase
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3,368
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3.7060 GBP
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|
10p
ordinary
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Purchase
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2,875
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3.7441 GBP
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|
10p
ordinary
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Purchase
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2,592
|
3.6996 GBP
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|
10p
ordinary
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Purchase
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2,590
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3.7540 GBP
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|
10p
ordinary
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Purchase
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2,487
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3.7169 GBP
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|
10p
ordinary
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Purchase
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2,215
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3.7299 GBP
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|
10p
ordinary
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Purchase
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2,140
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3.7500 GBP
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|
10p
ordinary
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Purchase
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2,008
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3.7266 GBP
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|
10p
ordinary
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Purchase
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1,841
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3.7520 GBP
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|
10p
ordinary
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Purchase
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1,819
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3.7291 GBP
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|
10p
ordinary
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Purchase
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1,570
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3.7200 GBP
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|
10p
ordinary
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Purchase
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1,349
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3.7511 GBP
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|
10p
ordinary
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Purchase
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970
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3.7560 GBP
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|
10p
ordinary
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Purchase
|
878
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3.7080 GBP
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|
10p
ordinary
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Purchase
|
862
|
3.7280 GBP
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|
10p
ordinary
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Purchase
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848
|
3.7400 GBP
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|
10p
ordinary
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Purchase
|
794
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3.7480 GBP
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10p
ordinary
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Purchase
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745
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3.7180 GBP
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10p
ordinary
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Purchase
|
424
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3.7219 GBP
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|
10p
ordinary
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Purchase
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210
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3.7550 GBP
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10p
ordinary
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Purchase
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21
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3.7429 GBP
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|
10p
ordinary
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Sale
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549,043
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3.7440 GBP
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|
10p
ordinary
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Sale
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247,754
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3.7309 GBP
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|
10p
ordinary
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Sale
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134,593
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3.7273 GBP
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|
10p
ordinary
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Sale
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120,892
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3.7437 GBP
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10p
ordinary
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Sale
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70,872
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3.7438 GBP
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10p
ordinary
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Sale
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59,916
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3.7439 GBP
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|
10p
ordinary
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Sale
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35,903
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3.7164 GBP
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|
10p
ordinary
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Sale
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10,338
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3.7048 GBP
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|
10p
ordinary
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Sale
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9,494
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3.6960 GBP
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|
10p
ordinary
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Sale
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8,401
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3.7072 GBP
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|
10p
ordinary
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Sale
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6,962
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3.7075 GBP
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|
10p
ordinary
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Sale
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6,159
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3.7006 GBP
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|
10p
ordinary
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Sale
|
5,020
|
3.7040 GBP
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|
10p
ordinary
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Sale
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4,937
|
3.7038 GBP
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|
10p
ordinary
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Sale
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3,107
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3.7060 GBP
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|
10p
ordinary
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Sale
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2,590
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3.7540 GBP
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|
10p
ordinary
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Sale
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2,140
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3.7500 GBP
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|
10p
ordinary
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Sale
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1,841
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3.7520 GBP
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|
10p
ordinary
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Sale
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1,828
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3.7138 GBP
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|
10p
ordinary
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Sale
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1,444
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3.7020 GBP
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|
10p
ordinary
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Sale
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1,299
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3.7100 GBP
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|
10p
ordinary
|
Sale
|
970
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3.7560 GBP
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|
10p
ordinary
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Sale
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878
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3.7080 GBP
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|
10p
ordinary
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Sale
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862
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3.7280 GBP
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|
10p
ordinary
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Sale
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794
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3.7480 GBP
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|
10p
ordinary
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Sale
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745
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3.7360 GBP
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10p
ordinary
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Sale
|
212
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3.7170 GBP
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10p
ordinary
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Sale
|
106
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3.7400 GBP
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10p
ordinary
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Sale
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716
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3.7429 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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SWAP
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Closing
Short
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45,598
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3.7209 GBP
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|
10p
ordinary
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SWAP
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Closing
Short
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60,502
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3.7210 GBP
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10p
ordinary
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SWAP
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Closing
Short
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135,096
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3.7440 GBP
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10p
ordinary
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SWAP
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Decreasing Long
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3,913
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3.7054 GBP
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|
10p
ordinary
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CFD
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Decreasing Short
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93
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3.7439 GBP
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|
10p
ordinary
|
CFD
|
Decreasing Short
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688
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3.7000 GBP
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|
10p
ordinary
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CFD
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Decreasing Short
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866
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3.7295 GBP
|
|
10p
ordinary
|
CFD
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Decreasing Short
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1,023
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3.7440 GBP
|
|
10p
ordinary
|
CFD
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Decreasing Short
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2,590
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3.7268 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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4,937
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3.7038 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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6,159
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3.7006 GBP
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|
10p
ordinary
|
CFD
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Decreasing Short
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7,412
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3.6995 GBP
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|
10p
ordinary
|
CFD
|
Decreasing Short
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42,077
|
3.7105 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
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50,495
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3.7123 GBP
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|
10p
ordinary
|
SWAP
|
Decreasing Short
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134,593
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3.7273 GBP
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|
10p
ordinary
|
SWAP
|
Decreasing Short
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140,751
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3.7426 GBP
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|
10p
ordinary
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SWAP
|
Increasing Long
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10,338
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3.7048 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
93
|
3.7439 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
261
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3.7060 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
688
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3.7000 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,592
|
3.6996 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,875
|
3.7441 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
37,667
|
3.7225 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
51,829
|
3.7161 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
61,931
|
3.7307 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
106,289
|
3.7440 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
110,154
|
3.7302 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
111,214
|
3.7439 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
362,063
|
3.7156 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
383,155
|
3.7440 GBP
|
|
|
|
|
|
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(c)
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Stock-settled derivative transactions (including
options)
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|
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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
|
Exercise
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Type
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Expiry
|
Option
|
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
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|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
|
security
|
|
varying etc
|
to which
|
|
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|
received
|
|
|
|
|
option
|
|
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|
per unit
|
|
|
|
|
relates
|
|
|
|
|
|
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|
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|
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(ii)
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Exercising
|
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|
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Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
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(d)
|
Other dealings (including subscribing for new
securities)
|
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|
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
|
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|
|
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(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:
|
29 May 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
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