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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
positions disclosed, if different from
1(a):
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(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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DS
SMITH PLC
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(d)
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If
an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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12
Sep 2024
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(f)
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In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
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YES:
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
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)
Relevant securities owned and/or controlled:
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33,052,498
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2.39%
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28,945,118
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2.10%
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(2)
Cash-settled derivatives:
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10,818,303
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0.78%
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32,079,163
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2.32%
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(3)
Stock-settled derivatives (including options) 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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43,870,801
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3.18%
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61,024,281
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4.42%
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(b)
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Rights to subscribe for new securities (including directors
and
other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE PERSON MAKING THE
DISCLOSURE
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Number of
securities
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Price per
unit
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10p
ordinary
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Purchase
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237,411
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4.5598 GBP
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10p
ordinary
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Purchase
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149,152
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4.5600 GBP
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10p
ordinary
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Purchase
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86,046
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4.6009 GBP
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|
10p
ordinary
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Purchase
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71,750
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4.5619 GBP
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10p
ordinary
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Purchase
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29,902
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4.5642 GBP
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10p
ordinary
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Purchase
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26,505
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4.5606 GBP
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10p
ordinary
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Purchase
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20,741
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4.5699 GBP
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10p
ordinary
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Purchase
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14,906
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4.5728 GBP
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10p
ordinary
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Purchase
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12,542
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4.5741 GBP
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10p
ordinary
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Purchase
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4,007
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4.5177 GBP
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10p
ordinary
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Purchase
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3,937
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4.5680 GBP
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10p
ordinary
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Purchase
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3,642
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4.5300 GBP
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10p
ordinary
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Purchase
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3,506
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4.5689 GBP
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10p
ordinary
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Purchase
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3,464
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4.5749 GBP
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10p
ordinary
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Purchase
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3,331
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4.5612 GBP
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10p
ordinary
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Purchase
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3,329
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4.5695 GBP
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10p
ordinary
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Purchase
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2,772
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4.5860 GBP
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10p
ordinary
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Purchase
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2,583
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4.5816 GBP
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10p
ordinary
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Purchase
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2,407
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4.5525 GBP
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10p
ordinary
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Purchase
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1,437
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4.5640 GBP
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10p
ordinary
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Purchase
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961
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4.5100 GBP
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10p
ordinary
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Purchase
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923
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4.5500 GBP
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10p
ordinary
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Purchase
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913
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4.5888 GBP
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10p
ordinary
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Purchase
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722
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4.5740 GBP
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10p
ordinary
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Purchase
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664
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4.5463 GBP
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10p
ordinary
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Purchase
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159
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4.5900 GBP
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10p
ordinary
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Purchase
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99
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4.5580 GBP
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10p
ordinary
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Purchase
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94
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4.5720 GBP
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10p
ordinary
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Purchase
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94
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4.5718 GBP
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10p
ordinary
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Sale
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284,000
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4.5605 GBP
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10p
ordinary
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Sale
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164,439
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4.5600 GBP
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10p
ordinary
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Sale
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100,000
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4.5828 GBP
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10p
ordinary
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Sale
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50,304
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4.5648 GBP
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10p
ordinary
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Sale
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50,183
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4.5602 GBP
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10p
ordinary
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Sale
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30,624
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4.5756 GBP
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10p
ordinary
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Sale
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29,428
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4.5723 GBP
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10p
ordinary
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Sale
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18,969
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4.5791 GBP
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10p
ordinary
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Sale
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8,399
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4.5719 GBP
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10p
ordinary
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Sale
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7,649
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4.5236 GBP
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10p
ordinary
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Sale
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5,561
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4.5747 GBP
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10p
ordinary
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Sale
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5,278
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4.5728 GBP
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10p
ordinary
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Sale
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3,210
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4.5469 GBP
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10p
ordinary
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Sale
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2,759
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4.5710 GBP
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10p
ordinary
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Sale
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1,557
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4.5860 GBP
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10p
ordinary
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Sale
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1,070
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4.5620 GBP
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10p
ordinary
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Sale
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961
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4.5100 GBP
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10p
ordinary
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Sale
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891
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4.5560 GBP
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10p
ordinary
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Sale
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644
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4.5884 GBP
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10p
ordinary
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Sale
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225
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4.5769 GBP
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10p
ordinary
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Sale
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180
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4.5684 GBP
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10p
ordinary
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Sale
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109
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4.5680 GBP
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10p
ordinary
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Sale
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94
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4.5720 GBP
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10p
ordinary
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Sale
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85
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4.5840 GBP
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10p
ordinary
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Sale
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23
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4.5737 GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
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10p
ordinary
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SWAP
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Increasing Short
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18,054
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4.5655 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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546
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4.5100 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,070
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4.5469 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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284,000
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4.5605 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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50,304
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4.5648 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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8,399
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4.5719 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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5,902
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4.5723 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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6,879
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4.5741 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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30,624
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4.5756 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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100,000
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4.5828 USD
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10p
ordinary
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SWAP
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Increasing Short
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923
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4.5500 GBP
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10p
ordinary
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SWAP
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Increasing Short
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99
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4.5580 GBP
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10p
ordinary
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SWAP
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Increasing Short
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50,472
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4.5589 GBP
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10p
ordinary
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SWAP
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Increasing Short
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58,689
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4.5600 GBP
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10p
ordinary
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SWAP
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Increasing Short
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26,505
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4.5606 GBP
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10p
ordinary
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SWAP
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Increasing Short
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29,902
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4.5642 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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5,970
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4.5650 GBP
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10p
ordinary
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SWAP
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Increasing Short
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2,843
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4.5659 GBP
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10p
ordinary
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SWAP
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Increasing Short
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2,100
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4.5695 GBP
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10p
ordinary
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SWAP
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Increasing Short
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1,705
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4.5741 GBP
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10p
ordinary
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SWAP
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Increasing Short
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2,772
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4.5860 GBP
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10p
ordinary
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SWAP
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Increasing Short
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86,046
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4.6008 GBP
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10p
ordinary
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CFD
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Decreasing Short
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196
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4.5600 GBP
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10p
ordinary
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CFD
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Decreasing Short
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583
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4.5807 GBP
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10p
ordinary
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CFD
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Increasing Short
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249
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4.5479 GBP
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10p
ordinary
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CFD
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Increasing Short
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15
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4.5480 GBP
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10p
ordinary
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SWAP
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Opening
Short
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14,906
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4.5728 GBP
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(c)
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Stock-settled derivative transactions
(including options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
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(ii)
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Exercising
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
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Exercise price per
unit
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(d)
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Other dealings (including subscribing for
new securities)
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Class of relevant
security
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Nature of
Dealings
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Details
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Price per unit (if
applicable)
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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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:
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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
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:
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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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13 Sep 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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