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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
|
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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10
Oct 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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|
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and/or controlled:
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29,072,549
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2.10%
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25,524,896
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1.85%
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(2)
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Cash-settled derivatives:
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|
|
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|
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and/or controlled:
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11,709,750
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0.85%
|
27,862,674
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2.02%
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(3)
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Stock-settled derivatives (including
options)
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|
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and
agreements to purchase/sell:
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0
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0.00%
|
0
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0.00%
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|
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TOTAL:
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40,782,299
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2.95%
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53,387,570
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3.87%
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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
|
|
|
10p
ordinary
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Purchase
|
660,387
|
4.5685 GBP
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|
10p
ordinary
|
Purchase
|
327,983
|
4.5666 GBP
|
|
10p
ordinary
|
Purchase
|
200,000
|
4.5532 GBP
|
|
10p
ordinary
|
Purchase
|
149,116
|
4.5509 GBP
|
|
10p
ordinary
|
Purchase
|
63,439
|
4.5680 GBP
|
|
10p
ordinary
|
Purchase
|
60,614
|
4.5606 GBP
|
|
10p
ordinary
|
Purchase
|
59,398
|
4.5674 GBP
|
|
10p
ordinary
|
Purchase
|
47,081
|
4.5541 GBP
|
|
10p
ordinary
|
Purchase
|
29,629
|
4.5540 GBP
|
|
10p
ordinary
|
Purchase
|
27,660
|
4.5646 GBP
|
|
10p
ordinary
|
Purchase
|
26,402
|
4.5615 GBP
|
|
10p
ordinary
|
Purchase
|
20,031
|
4.5507 GBP
|
|
10p
ordinary
|
Purchase
|
18,110
|
4.5568 GBP
|
|
10p
ordinary
|
Purchase
|
17,588
|
4.5491 GBP
|
|
10p
ordinary
|
Purchase
|
16,773
|
4.5639 GBP
|
|
10p
ordinary
|
Purchase
|
10,685
|
4.5569 GBP
|
|
10p
ordinary
|
Purchase
|
10,373
|
4.5607 GBP
|
|
10p
ordinary
|
Purchase
|
10,232
|
4.5577 GBP
|
|
10p
ordinary
|
Purchase
|
9,883
|
4.5592 GBP
|
|
10p
ordinary
|
Purchase
|
8,768
|
4.5689 GBP
|
|
10p
ordinary
|
Purchase
|
8,083
|
4.5632 GBP
|
|
10p
ordinary
|
Purchase
|
7,761
|
4.5618 GBP
|
|
10p
ordinary
|
Purchase
|
7,015
|
4.5640 GBP
|
|
10p
ordinary
|
Purchase
|
6,979
|
4.5505 GBP
|
|
10p
ordinary
|
Purchase
|
5,843
|
4.5513 GBP
|
|
10p
ordinary
|
Purchase
|
4,977
|
4.5687 GBP
|
|
10p
ordinary
|
Purchase
|
4,478
|
4.5563 GBP
|
|
10p
ordinary
|
Purchase
|
3,291
|
4.5591 GBP
|
|
10p
ordinary
|
Purchase
|
2,755
|
4.5461 GBP
|
|
10p
ordinary
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Purchase
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2,673
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4.5636 GBP
|
|
10p
ordinary
|
Purchase
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2,282
|
4.5700 GBP
|
|
10p
ordinary
|
Purchase
|
2,282
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4.5698 GBP
|
|
10p
ordinary
|
Purchase
|
1,943
|
4.5682 GBP
|
|
10p
ordinary
|
Purchase
|
1,925
|
4.5441 GBP
|
|
10p
ordinary
|
Purchase
|
1,248
|
4.5556 GBP
|
|
10p
ordinary
|
Purchase
|
730
|
4.5660 GBP
|
|
10p
ordinary
|
Purchase
|
698
|
4.5320 GBP
|
|
10p
ordinary
|
Purchase
|
546
|
4.5360 GBP
|
|
10p
ordinary
|
Purchase
|
504
|
4.5720 GBP
|
|
10p
ordinary
|
Purchase
|
468
|
4.5380 GBP
|
|
10p
ordinary
|
Purchase
|
425
|
4.5740 GBP
|
|
10p
ordinary
|
Purchase
|
408
|
4.5472 GBP
|
|
10p
ordinary
|
Sale
|
485,191
|
4.5670 GBP
|
|
10p
ordinary
|
Sale
|
431,477
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4.5581 GBP
|
|
10p
ordinary
|
Sale
|
207,331
|
4.5657 GBP
|
|
10p
ordinary
|
Sale
|
187,877
|
4.5680 GBP
|
|
10p
ordinary
|
Sale
|
118,574
|
4.5684 GBP
|
|
10p
ordinary
|
Sale
|
100,161
|
4.5674 GBP
|
|
10p
ordinary
|
Sale
|
98,513
|
4.5614 GBP
|
|
10p
ordinary
|
Sale
|
74,332
|
4.5515 GBP
|
|
10p
ordinary
|
Sale
|
42,707
|
4.5507 GBP
|
|
10p
ordinary
|
Sale
|
35,434
|
4.5578 GBP
|
|
10p
ordinary
|
Sale
|
26,697
|
4.5603 GBP
|
|
10p
ordinary
|
Sale
|
26,330
|
4.5467 GBP
|
|
10p
ordinary
|
Sale
|
15,707
|
4.5497 GBP
|
|
10p
ordinary
|
Sale
|
14,085
|
4.5540 GBP
|
|
10p
ordinary
|
Sale
|
10,934
|
4.5652 GBP
|
|
10p
ordinary
|
Sale
|
10,422
|
4.5627 GBP
|
|
10p
ordinary
|
Sale
|
10,147
|
4.5492 GBP
|
|
10p
ordinary
|
Sale
|
9,424
|
4.5658 GBP
|
|
10p
ordinary
|
Sale
|
9,411
|
4.5448 GBP
|
|
10p
ordinary
|
Sale
|
6,810
|
4.5584 GBP
|
|
10p
ordinary
|
Sale
|
6,439
|
4.5547 GBP
|
|
10p
ordinary
|
Sale
|
6,119
|
4.5653 GBP
|
|
10p
ordinary
|
Sale
|
5,000
|
4.5542 GBP
|
|
10p
ordinary
|
Sale
|
4,375
|
4.5517 GBP
|
|
10p
ordinary
|
Sale
|
4,151
|
4.5446 GBP
|
|
10p
ordinary
|
Sale
|
3,637
|
4.5634 GBP
|
|
10p
ordinary
|
Sale
|
3,618
|
4.5500 GBP
|
|
10p
ordinary
|
Sale
|
3,544
|
4.5544 GBP
|
|
10p
ordinary
|
Sale
|
3,445
|
4.5479 GBP
|
|
10p
ordinary
|
Sale
|
3,209
|
4.5386 GBP
|
|
10p
ordinary
|
Sale
|
2,755
|
4.5461 GBP
|
|
10p
ordinary
|
Sale
|
2,282
|
4.5700 GBP
|
|
10p
ordinary
|
Sale
|
1,144
|
4.5600 GBP
|
|
10p
ordinary
|
Sale
|
1,095
|
4.5509 GBP
|
|
10p
ordinary
|
Sale
|
934
|
4.5633 GBP
|
|
10p
ordinary
|
Sale
|
698
|
4.5320 GBP
|
|
10p
ordinary
|
Sale
|
607
|
4.5560 GBP
|
|
10p
ordinary
|
Sale
|
546
|
4.5360 GBP
|
|
10p
ordinary
|
Sale
|
505
|
4.5719 GBP
|
|
10p
ordinary
|
Sale
|
468
|
4.5380 GBP
|
|
10p
ordinary
|
Sale
|
427
|
4.5628 GBP
|
|
10p
ordinary
|
Sale
|
425
|
4.5740 GBP
|
|
10p
ordinary
|
Sale
|
391
|
4.5440 GBP
|
|
10p
ordinary
|
Sale
|
370
|
4.5480 GBP
|
|
10p
ordinary
|
Sale
|
309
|
4.5520 GBP
|
|
|
|
|
|
|
|
|
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(b)
|
Cash-settled derivative transactions
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|
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Class of
|
Product
|
Nature of
dealing
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Number of
|
Price per
|
|
relevant
|
description
|
|
reference
|
unit
|
|
security
|
|
|
securities
|
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
391
|
4.5440 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
26,330
|
4.5467 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,375
|
4.5517 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
724
|
4.5520 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
10,934
|
4.5652 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
6,119
|
4.5653 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
9,424
|
4.5658 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
485,191
|
4.5670 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
149,340
|
4.5673 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
40,763
|
4.5674 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
160,548
|
4.5680 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,925
|
4.5441 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
149,116
|
4.5509 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,843
|
4.5513 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
18,249
|
4.5523 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
47,081
|
4.5541 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
19,097
|
4.5582 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
102,819
|
4.5640 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
136,744
|
4.5652 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
730
|
4.5660 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
660,387
|
4.5685 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
452
|
4.5760 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
223,011
|
4.5495 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
12,492
|
4.5555 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
100,000
|
4.5610 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
27,179
|
4.5680 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
287
|
4.5680 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
425
|
4.5740 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
|
|
(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:
|
11 Oct 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
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