|
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:
|
11
Jun 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:
|
|
|
32,717,169
|
2.37%
|
28,121,769
|
2.04%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
7,908,324
|
0.57%
|
32,359,577
|
2.35%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
40,625,493
|
2.94%
|
60,481,346
|
4.38%
|
|
(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
|
442,593
|
3.5600 GBP
|
|
10p
ordinary
|
Purchase
|
440,548
|
3.5642 GBP
|
|
10p
ordinary
|
Purchase
|
330,368
|
3.5947 GBP
|
|
10p
ordinary
|
Purchase
|
275,133
|
3.5691 GBP
|
|
10p
ordinary
|
Purchase
|
210,696
|
3.5845 GBP
|
|
10p
ordinary
|
Purchase
|
76,980
|
3.5593 GBP
|
|
10p
ordinary
|
Purchase
|
71,421
|
3.5598 GBP
|
|
10p
ordinary
|
Purchase
|
43,468
|
3.5700 GBP
|
|
10p
ordinary
|
Purchase
|
42,853
|
3.5820 GBP
|
|
10p
ordinary
|
Purchase
|
33,206
|
3.5785 GBP
|
|
10p
ordinary
|
Purchase
|
26,557
|
3.5644 GBP
|
|
10p
ordinary
|
Purchase
|
23,927
|
3.5828 GBP
|
|
10p
ordinary
|
Purchase
|
20,771
|
3.5681 GBP
|
|
10p
ordinary
|
Purchase
|
19,486
|
3.5776 GBP
|
|
10p
ordinary
|
Purchase
|
18,257
|
3.5766 GBP
|
|
10p
ordinary
|
Purchase
|
11,738
|
3.5709 GBP
|
|
10p
ordinary
|
Purchase
|
8,948
|
3.5804 GBP
|
|
10p
ordinary
|
Purchase
|
8,331
|
3.5868 GBP
|
|
10p
ordinary
|
Purchase
|
8,063
|
3.6074 GBP
|
|
10p
ordinary
|
Purchase
|
6,974
|
3.5772 GBP
|
|
10p
ordinary
|
Purchase
|
6,957
|
3.6008 GBP
|
|
10p
ordinary
|
Purchase
|
6,687
|
3.5594 GBP
|
|
10p
ordinary
|
Purchase
|
5,400
|
3.5695 GBP
|
|
10p
ordinary
|
Purchase
|
3,909
|
3.5950 GBP
|
|
10p
ordinary
|
Purchase
|
3,626
|
3.6072 GBP
|
|
10p
ordinary
|
Purchase
|
3,403
|
3.5939 GBP
|
|
10p
ordinary
|
Purchase
|
3,154
|
3.5586 GBP
|
|
10p
ordinary
|
Purchase
|
3,100
|
3.6137 GBP
|
|
10p
ordinary
|
Purchase
|
3,000
|
3.5610 GBP
|
|
10p
ordinary
|
Purchase
|
2,555
|
3.5816 GBP
|
|
10p
ordinary
|
Purchase
|
2,445
|
3.5934 GBP
|
|
10p
ordinary
|
Purchase
|
1,879
|
3.5715 GBP
|
|
10p
ordinary
|
Purchase
|
1,856
|
3.5721 GBP
|
|
10p
ordinary
|
Purchase
|
1,575
|
3.6340 GBP
|
|
10p
ordinary
|
Purchase
|
1,511
|
3.5760 GBP
|
|
10p
ordinary
|
Purchase
|
1,493
|
3.5720 GBP
|
|
10p
ordinary
|
Purchase
|
1,257
|
3.5736 GBP
|
|
10p
ordinary
|
Purchase
|
1,107
|
3.5714 GBP
|
|
10p
ordinary
|
Purchase
|
1,080
|
3.5640 GBP
|
|
10p
ordinary
|
Purchase
|
1,042
|
3.6300 GBP
|
|
10p
ordinary
|
Purchase
|
996
|
3.5920 GBP
|
|
10p
ordinary
|
Purchase
|
886
|
3.5680 GBP
|
|
10p
ordinary
|
Purchase
|
857
|
3.5900 GBP
|
|
10p
ordinary
|
Purchase
|
817
|
3.5780 GBP
|
|
10p
ordinary
|
Purchase
|
813
|
3.5540 GBP
|
|
10p
ordinary
|
Purchase
|
777
|
3.5660 GBP
|
|
10p
ordinary
|
Purchase
|
773
|
3.6324 GBP
|
|
10p
ordinary
|
Purchase
|
762
|
3.5840 GBP
|
|
10p
ordinary
|
Purchase
|
755
|
3.5740 GBP
|
|
10p
ordinary
|
Purchase
|
738
|
3.5863 GBP
|
|
10p
ordinary
|
Purchase
|
458
|
3.5811 GBP
|
|
10p
ordinary
|
Purchase
|
339
|
3.5755 GBP
|
|
10p
ordinary
|
Purchase
|
270
|
3.5589 GBP
|
|
10p
ordinary
|
Purchase
|
194
|
3.5860 GBP
|
|
10p
ordinary
|
Purchase
|
76
|
3.5880 GBP
|
|
10p
ordinary
|
Purchase
|
26
|
3.6040 GBP
|
|
10p
ordinary
|
Purchase
|
2
|
3.5940 GBP
|
|
10p
ordinary
|
Purchase
|
1
|
3.5750 GBP
|
|
10p
ordinary
|
Sale
|
1,140,327
|
3.6100 GBP
|
|
10p
ordinary
|
Sale
|
508,889
|
3.5617 GBP
|
|
10p
ordinary
|
Sale
|
281,555
|
3.5600 GBP
|
|
10p
ordinary
|
Sale
|
270,927
|
3.5648 GBP
|
|
10p
ordinary
|
Sale
|
150,000
|
3.5641 GBP
|
|
10p
ordinary
|
Sale
|
127,300
|
3.5861 GBP
|
|
10p
ordinary
|
Sale
|
99,301
|
3.5605 GBP
|
|
10p
ordinary
|
Sale
|
67,015
|
3.5794 GBP
|
|
10p
ordinary
|
Sale
|
62,798
|
3.5632 GBP
|
|
10p
ordinary
|
Sale
|
56,030
|
3.5962 GBP
|
|
10p
ordinary
|
Sale
|
37,547
|
3.6142 GBP
|
|
10p
ordinary
|
Sale
|
30,000
|
3.5705 GBP
|
|
10p
ordinary
|
Sale
|
28,949
|
3.5831 GBP
|
|
10p
ordinary
|
Sale
|
25,587
|
3.5952 GBP
|
|
10p
ordinary
|
Sale
|
23,016
|
3.5860 GBP
|
|
10p
ordinary
|
Sale
|
21,512
|
3.6004 GBP
|
|
10p
ordinary
|
Sale
|
19,023
|
3.5832 GBP
|
|
10p
ordinary
|
Sale
|
14,798
|
3.5842 GBP
|
|
10p
ordinary
|
Sale
|
14,051
|
3.5720 GBP
|
|
10p
ordinary
|
Sale
|
10,165
|
3.5823 GBP
|
|
10p
ordinary
|
Sale
|
8,626
|
3.5736 GBP
|
|
10p
ordinary
|
Sale
|
7,816
|
3.6027 GBP
|
|
10p
ordinary
|
Sale
|
7,801
|
3.5751 GBP
|
|
10p
ordinary
|
Sale
|
7,523
|
3.5991 GBP
|
|
10p
ordinary
|
Sale
|
7,511
|
3.5771 GBP
|
|
10p
ordinary
|
Sale
|
6,848
|
3.5855 GBP
|
|
10p
ordinary
|
Sale
|
6,821
|
3.5896 GBP
|
|
10p
ordinary
|
Sale
|
6,347
|
3.5935 GBP
|
|
10p
ordinary
|
Sale
|
6,185
|
3.5713 GBP
|
|
10p
ordinary
|
Sale
|
5,055
|
3.6092 GBP
|
|
10p
ordinary
|
Sale
|
4,736
|
3.5749 GBP
|
|
10p
ordinary
|
Sale
|
4,332
|
3.5712 GBP
|
|
10p
ordinary
|
Sale
|
4,323
|
3.5958 GBP
|
|
10p
ordinary
|
Sale
|
4,155
|
3.5918 GBP
|
|
10p
ordinary
|
Sale
|
3,362
|
3.6137 GBP
|
|
10p
ordinary
|
Sale
|
2,783
|
3.5718 GBP
|
|
10p
ordinary
|
Sale
|
2,390
|
3.5722 GBP
|
|
10p
ordinary
|
Sale
|
1,042
|
3.6300 GBP
|
|
10p
ordinary
|
Sale
|
996
|
3.5920 GBP
|
|
10p
ordinary
|
Sale
|
832
|
3.6340 GBP
|
|
10p
ordinary
|
Sale
|
813
|
3.5540 GBP
|
|
10p
ordinary
|
Sale
|
777
|
3.5660 GBP
|
|
10p
ordinary
|
Sale
|
773
|
3.6328 GBP
|
|
10p
ordinary
|
Sale
|
762
|
3.5840 GBP
|
|
10p
ordinary
|
Sale
|
738
|
3.5866 GBP
|
|
10p
ordinary
|
Sale
|
567
|
3.5820 GBP
|
|
10p
ordinary
|
Sale
|
339
|
3.5758 GBP
|
|
10p
ordinary
|
Sale
|
231
|
3.5643 GBP
|
|
10p
ordinary
|
Sale
|
76
|
3.5880 GBP
|
|
10p
ordinary
|
Sale
|
30
|
3.6040 GBP
|
|
10p
ordinary
|
Sale
|
22
|
3.5900 GBP
|
|
10p
ordinary
|
Sale
|
14
|
3.5960 GBP
|
|
10p
ordinary
|
Sale
|
2
|
3.5940 GBP
|
|
10p
ordinary
|
Sale
|
1,518
|
3.5589 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
|
Decreasing Long
|
1,611
|
3.6084 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,879
|
3.5715 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
5,346
|
3.5985 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
83,925
|
3.5605 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
35
|
3.6400 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
358
|
3.6220 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
529
|
3.6219 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
3,804
|
3.5769 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,055
|
3.6092 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
5,445
|
3.5757 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
7,523
|
3.5991 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
7,816
|
3.6027 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
45,864
|
3.5600 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
54,448
|
3.5711 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
62,798
|
3.5632 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
237,531
|
3.5600 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,140,327
|
3.6100 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
67,015
|
3.5794 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2
|
3.5920 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4
|
3.5930 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
358
|
3.6220 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
529
|
3.6219 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,555
|
3.5816 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,626
|
3.6072 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
8,063
|
3.6074 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
9,620
|
3.5600 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
13,000
|
3.5942 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
20,485
|
3.5742 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
28,726
|
3.5627 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
42,286
|
3.5820 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
162,227
|
3.5600 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
186,418
|
3.5600 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
210,696
|
3.5845 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
|
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
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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
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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12 Jun 2024
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Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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