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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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16
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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32,411,007
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2.35%
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28,458,773
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2.06%
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(2)
Cash-settled derivatives:
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10,758,270
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0.78%
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31,981,259
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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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43,169,277
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3.13%
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60,440,032
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4.38%
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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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202,045
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4.6780 GBP
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10p
ordinary
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Purchase
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102,230
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4.6786 GBP
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10p
ordinary
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Purchase
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69,506
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4.6878 GBP
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10p
ordinary
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Purchase
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46,633
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4.7025 GBP
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10p
ordinary
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Purchase
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33,425
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4.7156 GBP
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10p
ordinary
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Purchase
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32,077
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4.7024 GBP
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10p
ordinary
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Purchase
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28,186
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4.7250 GBP
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10p
ordinary
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Purchase
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18,914
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4.7186 GBP
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10p
ordinary
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Purchase
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13,975
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4.7218 GBP
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10p
ordinary
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Purchase
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7,876
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4.7180 GBP
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10p
ordinary
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Purchase
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5,683
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4.7160 GBP
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10p
ordinary
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Purchase
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3,418
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4.7299 GBP
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10p
ordinary
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Purchase
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3,276
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4.7269 GBP
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10p
ordinary
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Purchase
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1,488
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4.7300 GBP
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10p
ordinary
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Purchase
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1,191
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4.7100 GBP
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10p
ordinary
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Purchase
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884
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4.7360 GBP
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10p
ordinary
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Purchase
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610
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4.6540 GBP
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10p
ordinary
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Purchase
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212
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4.7440 GBP
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10p
ordinary
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Purchase
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21
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4.7380 GBP
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10p
ordinary
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Sale
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244,306
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4.6818 GBP
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10p
ordinary
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Sale
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112,401
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4.7203 GBP
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10p
ordinary
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Sale
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94,316
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4.6808 GBP
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10p
ordinary
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Sale
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59,642
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4.6780 GBP
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10p
ordinary
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Sale
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54,978
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4.7083 GBP
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10p
ordinary
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Sale
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39,182
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4.7143 GBP
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10p
ordinary
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Sale
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20,817
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4.7282 GBP
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10p
ordinary
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Sale
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17,978
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4.7026 GBP
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10p
ordinary
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Sale
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13,240
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4.7160 GBP
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10p
ordinary
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Sale
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10,216
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4.7104 GBP
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10p
ordinary
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Sale
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8,930
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4.7271 GBP
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10p
ordinary
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Sale
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6,335
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4.7022 GBP
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10p
ordinary
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Sale
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3,306
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4.7020 GBP
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10p
ordinary
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Sale
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3,193
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4.7030 GBP
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10p
ordinary
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Sale
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2,925
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4.7073 GBP
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10p
ordinary
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Sale
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2,740
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4.7365 GBP
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10p
ordinary
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Sale
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2,359
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4.7239 GBP
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10p
ordinary
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Sale
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2,266
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4.7243 GBP
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10p
ordinary
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Sale
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1,265
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4.7000 GBP
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10p
ordinary
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Sale
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666
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4.7258 GBP
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10p
ordinary
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Sale
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610
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4.6540 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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Decreasing Short
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28,848
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4.6780 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,925
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4.7073 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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31,430
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4.7113 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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42,492
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4.7122 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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39,182
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4.7143 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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1,969
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4.7168 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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112,401
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4.7203 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,266
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4.7243 GBP
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10p
ordinary
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SWAP
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Increasing Short
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352
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4.6540 GBP
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10p
ordinary
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SWAP
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Increasing Short
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52,729
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4.6794 GBP
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10p
ordinary
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SWAP
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Increasing Short
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3,023
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4.7019 GBP
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10p
ordinary
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SWAP
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Increasing Short
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46,633
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4.7025 GBP
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10p
ordinary
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SWAP
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Increasing Short
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33,425
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4.7156 GBP
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10p
ordinary
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SWAP
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Increasing Short
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212
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4.7440 GBP
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10p
ordinary
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CFD
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Decreasing Short
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502
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4.6780 GBP
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10p
ordinary
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CFD
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Decreasing Short
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3,188
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4.7136 GBP
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10p
ordinary
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CFD
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Increasing Short
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502
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4.6780 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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17 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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