|
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
relevant securities this form relates:
|
DS
SMITH PLC
|
|
(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:
|
31
Jul 2024
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|
(f)
|
In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
|
YES:
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:
|
33,447,077
|
2.42%
|
32,547,997
|
2.36%
|
|
(2)
Cash-settled derivatives:
|
12,274,219
|
0.89%
|
33,039,217
|
2.39%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
|
TOTAL:
|
45,721,296
|
3.31%
|
65,587,214
|
4.75%
|
|
(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 PERSON MAKING THE
DISCLOSURE
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|
(a)
|
Purchase and sales
|
|
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
|
10p
ordinary
|
Purchase
|
169,805
|
4.5222 GBP
|
|
10p
ordinary
|
Purchase
|
165,000
|
4.5103 GBP
|
|
10p
ordinary
|
Purchase
|
137,308
|
4.5196 GBP
|
|
10p
ordinary
|
Purchase
|
129,240
|
4.5469 GBP
|
|
10p
ordinary
|
Purchase
|
125,439
|
4.5408 GBP
|
|
10p
ordinary
|
Purchase
|
64,997
|
4.5360 GBP
|
|
10p
ordinary
|
Purchase
|
57,065
|
4.5239 GBP
|
|
10p
ordinary
|
Purchase
|
56,202
|
4.5444 GBP
|
|
10p
ordinary
|
Purchase
|
40,034
|
4.5398 GBP
|
|
10p
ordinary
|
Purchase
|
21,828
|
4.5488 GBP
|
|
10p
ordinary
|
Purchase
|
12,423
|
4.5133 GBP
|
|
10p
ordinary
|
Purchase
|
12,308
|
4.5216 GBP
|
|
10p
ordinary
|
Purchase
|
6,728
|
4.5314 GBP
|
|
10p
ordinary
|
Purchase
|
4,549
|
4.5207 GBP
|
|
10p
ordinary
|
Purchase
|
4,347
|
4.5138 GBP
|
|
10p
ordinary
|
Purchase
|
4,269
|
4.5063 GBP
|
|
10p
ordinary
|
Purchase
|
3,990
|
4.5073 GBP
|
|
10p
ordinary
|
Purchase
|
3,918
|
4.5147 GBP
|
|
10p
ordinary
|
Purchase
|
3,870
|
4.5238 GBP
|
|
10p
ordinary
|
Purchase
|
3,800
|
4.5159 GBP
|
|
10p
ordinary
|
Purchase
|
3,419
|
4.5048 GBP
|
|
10p
ordinary
|
Purchase
|
3,357
|
4.5132 GBP
|
|
10p
ordinary
|
Purchase
|
3,054
|
4.5480 GBP
|
|
10p
ordinary
|
Purchase
|
2,682
|
4.5114 GBP
|
|
10p
ordinary
|
Purchase
|
2,571
|
4.5060 GBP
|
|
10p
ordinary
|
Purchase
|
2,275
|
4.5065 GBP
|
|
10p
ordinary
|
Purchase
|
2,181
|
4.5067 GBP
|
|
10p
ordinary
|
Purchase
|
2,075
|
4.5249 GBP
|
|
10p
ordinary
|
Purchase
|
1,725
|
4.5123 GBP
|
|
10p
ordinary
|
Purchase
|
1,711
|
4.5020 GBP
|
|
10p
ordinary
|
Purchase
|
1,359
|
4.5120 GBP
|
|
10p
ordinary
|
Purchase
|
1,289
|
4.5040 GBP
|
|
10p
ordinary
|
Purchase
|
1,179
|
4.5000 GBP
|
|
10p
ordinary
|
Purchase
|
1,056
|
4.5086 GBP
|
|
10p
ordinary
|
Purchase
|
986
|
4.5083 GBP
|
|
10p
ordinary
|
Purchase
|
927
|
4.4980 GBP
|
|
10p
ordinary
|
Purchase
|
891
|
4.5053 GBP
|
|
10p
ordinary
|
Purchase
|
777
|
4.5140 GBP
|
|
10p
ordinary
|
Purchase
|
671
|
4.5420 GBP
|
|
10p
ordinary
|
Purchase
|
638
|
4.4940 GBP
|
|
10p
ordinary
|
Purchase
|
621
|
4.5110 GBP
|
|
10p
ordinary
|
Purchase
|
604
|
4.5075 GBP
|
|
10p
ordinary
|
Purchase
|
604
|
4.5195 GBP
|
|
10p
ordinary
|
Purchase
|
531
|
4.5101 GBP
|
|
10p
ordinary
|
Purchase
|
397
|
4.5220 GBP
|
|
10p
ordinary
|
Purchase
|
164
|
4.5340 GBP
|
|
10p
ordinary
|
Purchase
|
164
|
4.5260 GBP
|
|
10p
ordinary
|
Sale
|
1,289,017
|
4.5480 GBP
|
|
10p
ordinary
|
Sale
|
115,917
|
4.5178 GBP
|
|
10p
ordinary
|
Sale
|
61,777
|
4.5198 GBP
|
|
10p
ordinary
|
Sale
|
60,437
|
4.5291 GBP
|
|
10p
ordinary
|
Sale
|
39,588
|
4.4987 GBP
|
|
10p
ordinary
|
Sale
|
39,306
|
4.5462 GBP
|
|
10p
ordinary
|
Sale
|
31,424
|
4.5238 GBP
|
|
10p
ordinary
|
Sale
|
23,119
|
4.5470 GBP
|
|
10p
ordinary
|
Sale
|
21,828
|
4.5488 GBP
|
|
10p
ordinary
|
Sale
|
19,238
|
4.5187 GBP
|
|
10p
ordinary
|
Sale
|
19,035
|
4.5125 GBP
|
|
10p
ordinary
|
Sale
|
17,029
|
4.5263 GBP
|
|
10p
ordinary
|
Sale
|
15,100
|
4.5196 GBP
|
|
10p
ordinary
|
Sale
|
11,343
|
4.5013 GBP
|
|
10p
ordinary
|
Sale
|
9,375
|
4.5456 GBP
|
|
10p
ordinary
|
Sale
|
6,837
|
4.5103 GBP
|
|
10p
ordinary
|
Sale
|
5,273
|
4.5272 GBP
|
|
10p
ordinary
|
Sale
|
4,742
|
4.5072 GBP
|
|
10p
ordinary
|
Sale
|
4,557
|
4.5057 GBP
|
|
10p
ordinary
|
Sale
|
4,251
|
4.5473 GBP
|
|
10p
ordinary
|
Sale
|
4,206
|
4.5174 GBP
|
|
10p
ordinary
|
Sale
|
4,198
|
4.5326 GBP
|
|
10p
ordinary
|
Sale
|
3,934
|
4.5351 GBP
|
|
10p
ordinary
|
Sale
|
3,752
|
4.5193 GBP
|
|
10p
ordinary
|
Sale
|
3,344
|
4.5432 GBP
|
|
10p
ordinary
|
Sale
|
3,170
|
4.5121 GBP
|
|
10p
ordinary
|
Sale
|
2,922
|
4.5071 GBP
|
|
10p
ordinary
|
Sale
|
2,847
|
4.5416 GBP
|
|
10p
ordinary
|
Sale
|
2,765
|
4.5100 GBP
|
|
10p
ordinary
|
Sale
|
2,706
|
4.5095 GBP
|
|
10p
ordinary
|
Sale
|
1,840
|
4.5420 GBP
|
|
10p
ordinary
|
Sale
|
1,725
|
4.5128 GBP
|
|
10p
ordinary
|
Sale
|
1,711
|
4.5020 GBP
|
|
10p
ordinary
|
Sale
|
1,589
|
4.5047 GBP
|
|
10p
ordinary
|
Sale
|
1,359
|
4.5120 GBP
|
|
10p
ordinary
|
Sale
|
1,331
|
4.5400 GBP
|
|
10p
ordinary
|
Sale
|
1,307
|
4.5060 GBP
|
|
10p
ordinary
|
Sale
|
1,196
|
4.5090 GBP
|
|
10p
ordinary
|
Sale
|
1,091
|
4.5040 GBP
|
|
10p
ordinary
|
Sale
|
1,050
|
4.5140 GBP
|
|
10p
ordinary
|
Sale
|
986
|
4.5087 GBP
|
|
10p
ordinary
|
Sale
|
944
|
4.5138 GBP
|
|
10p
ordinary
|
Sale
|
812
|
4.4919 GBP
|
|
10p
ordinary
|
Sale
|
775
|
4.5200 GBP
|
|
10p
ordinary
|
Sale
|
655
|
4.5000 GBP
|
|
10p
ordinary
|
Sale
|
638
|
4.4940 GBP
|
|
10p
ordinary
|
Sale
|
638
|
4.4980 GBP
|
|
10p
ordinary
|
Sale
|
604
|
4.5080 GBP
|
|
10p
ordinary
|
Sale
|
397
|
4.5220 GBP
|
|
10p
ordinary
|
Sale
|
176
|
4.5239 GBP
|
|
10p
ordinary
|
Sale
|
164
|
4.5260 GBP
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
3
|
4.5466 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
2,191
|
4.5470 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
28
|
4.5478 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,136,024
|
4.5479 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
38
|
4.5481 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
21,828
|
4.5488 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
2
|
4.5500 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
2,869
|
4.5114 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
50,000
|
4.5343 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
64,997
|
4.5359 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
3
|
4.5466 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
28
|
4.5478 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,407
|
4.5479 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
38
|
4.5481 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
2
|
4.5500 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Short
|
1,348
|
4.5482 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
300
|
4.4913 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
23,119
|
4.5470 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
4,251
|
4.5473 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,270
|
4.5138 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
77
|
4.5138 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,557
|
4.5058 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,922
|
4.5071 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
171
|
4.5200 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
7,929
|
4.5480 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,275
|
4.5065 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
137,308
|
4.5196 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
671
|
4.5420 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
52,164
|
4.5480 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
11,671
|
4.5488 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4
|
4.5920 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
812
|
4.4919 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
289
|
4.4980 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
12,423
|
4.5133 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
176
|
4.5240 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
57,065
|
4.5239 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,651
|
4.5480 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
7
|
4.5920 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
32,693
|
4.5480
GBP
|
|
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions
(including options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
Class
of
relevant
security
|
Product
description
|
Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
|
Expiry
date
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
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 person 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:
|
01 Aug 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|