|
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")
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1.
|
KEY
INFORMATION
|
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(a)
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Full name of discloser:
|
|
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):
|
|
(c)
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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:
|
31
Oct 2024
|
|
(f)
|
In
addition to the company in 1(c) above, is the discloser
making
|
YES:
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|
|
|
|
disclosures in respect of any other party to the
offer?
|
INTERNATIONAL PAPER COMPANY
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|
|
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:
|
|
|
25,144,274
|
1.82%
|
24,916,594
|
1.80%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
11,820,184
|
0.86%
|
22,699,670
|
1.64%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
36,964,458
|
2.68%
|
47,616,264
|
3.44%
|
|
(b)
|
Rights to subscribe for new securities (including directors
and other executive
|
|
|
|
options)
|
|
|
|
|
|
|
|
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.
|
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
|
494,198
|
5.2907 GBP
|
|
10p
ordinary
|
Purchase
|
481,611
|
4.7980 GBP
|
|
10p
ordinary
|
Purchase
|
250,311
|
5.4508 GBP
|
|
10p
ordinary
|
Purchase
|
231,480
|
5.3609 GBP
|
|
10p
ordinary
|
Purchase
|
150,505
|
4.8408 GBP
|
|
10p
ordinary
|
Purchase
|
128,462
|
5.4550 GBP
|
|
10p
ordinary
|
Purchase
|
111,334
|
5.4300 GBP
|
|
10p
ordinary
|
Purchase
|
97,518
|
5.1579 GBP
|
|
10p
ordinary
|
Purchase
|
51,754
|
5.4065 GBP
|
|
10p
ordinary
|
Purchase
|
50,000
|
4.7663 GBP
|
|
10p
ordinary
|
Purchase
|
48,033
|
5.4249 GBP
|
|
10p
ordinary
|
Purchase
|
39,165
|
5.1367 GBP
|
|
10p
ordinary
|
Purchase
|
28,790
|
5.1050 GBP
|
|
10p
ordinary
|
Purchase
|
24,647
|
4.8480 GBP
|
|
10p
ordinary
|
Purchase
|
16,030
|
5.0872 GBP
|
|
10p
ordinary
|
Purchase
|
15,542
|
4.9983 GBP
|
|
10p
ordinary
|
Purchase
|
9,551
|
4.9276 GBP
|
|
10p
ordinary
|
Purchase
|
9,005
|
4.8550 GBP
|
|
10p
ordinary
|
Purchase
|
6,399
|
4.7976 GBP
|
|
10p
ordinary
|
Purchase
|
5,000
|
5.0400 GBP
|
|
10p
ordinary
|
Purchase
|
4,967
|
5.0038 GBP
|
|
10p
ordinary
|
Purchase
|
2,790
|
4.9323 GBP
|
|
10p
ordinary
|
Purchase
|
2,566
|
5.4758 GBP
|
|
10p
ordinary
|
Purchase
|
2,144
|
4.9724 GBP
|
|
10p
ordinary
|
Purchase
|
1,421
|
4.8883 GBP
|
|
10p
ordinary
|
Purchase
|
1,329
|
4.8600 GBP
|
|
10p
ordinary
|
Purchase
|
1,320
|
5.2729 GBP
|
|
10p
ordinary
|
Purchase
|
938
|
5.4000 GBP
|
|
10p
ordinary
|
Purchase
|
935
|
4.7560 GBP
|
|
10p
ordinary
|
Purchase
|
766
|
5.4445 GBP
|
|
10p
ordinary
|
Purchase
|
740
|
4.7962 GBP
|
|
10p
ordinary
|
Purchase
|
665
|
5.3675 GBP
|
|
10p
ordinary
|
Purchase
|
650
|
5.2250 GBP
|
|
10p
ordinary
|
Purchase
|
558
|
4.7340 GBP
|
|
10p
ordinary
|
Purchase
|
536
|
4.9120 GBP
|
|
10p
ordinary
|
Purchase
|
500
|
5.4100 GBP
|
|
10p
ordinary
|
Purchase
|
490
|
5.4777 GBP
|
|
10p
ordinary
|
Purchase
|
455
|
4.9040 GBP
|
|
10p
ordinary
|
Purchase
|
449
|
5.4907 GBP
|
|
10p
ordinary
|
Purchase
|
363
|
4.7480 GBP
|
|
10p
ordinary
|
Purchase
|
319
|
4.8520 GBP
|
|
10p
ordinary
|
Purchase
|
268
|
4.7520 GBP
|
|
10p
ordinary
|
Purchase
|
213
|
4.7280 GBP
|
|
10p
ordinary
|
Purchase
|
202
|
4.9440 GBP
|
|
10p
ordinary
|
Purchase
|
166
|
5.4125 GBP
|
|
10p
ordinary
|
Purchase
|
67
|
5.4596 GBP
|
|
10p
ordinary
|
Purchase
|
23
|
4.9002 GBP
|
|
10p
ordinary
|
Purchase
|
12
|
5.4150 GBP
|
|
10p
ordinary
|
Sale
|
527,159
|
5.3502 GBP
|
|
10p
ordinary
|
Sale
|
480,320
|
5.1066 GBP
|
|
10p
ordinary
|
Sale
|
444,523
|
5.4497 GBP
|
|
10p
ordinary
|
Sale
|
250,311
|
5.4508 GBP
|
|
10p
ordinary
|
Sale
|
205,215
|
5.1929 GBP
|
|
10p
ordinary
|
Sale
|
195,432
|
5.2907 GBP
|
|
10p
ordinary
|
Sale
|
171,789
|
5.3188 GBP
|
|
10p
ordinary
|
Sale
|
131,070
|
5.0853 GBP
|
|
10p
ordinary
|
Sale
|
85,645
|
4.8157 GBP
|
|
10p
ordinary
|
Sale
|
85,452
|
5.4552 GBP
|
|
10p
ordinary
|
Sale
|
68,713
|
4.8485 GBP
|
|
10p
ordinary
|
Sale
|
49,820
|
5.3638 GBP
|
|
10p
ordinary
|
Sale
|
41,748
|
5.1714 GBP
|
|
10p
ordinary
|
Sale
|
36,647
|
5.0023 GBP
|
|
10p
ordinary
|
Sale
|
27,915
|
5.3862 GBP
|
|
10p
ordinary
|
Sale
|
27,719
|
5.2584 GBP
|
|
10p
ordinary
|
Sale
|
24,065
|
5.4369 GBP
|
|
10p
ordinary
|
Sale
|
19,993
|
5.0643 GBP
|
|
10p
ordinary
|
Sale
|
19,777
|
5.4539 GBP
|
|
10p
ordinary
|
Sale
|
18,706
|
5.4250 GBP
|
|
10p
ordinary
|
Sale
|
18,621
|
5.4550 GBP
|
|
10p
ordinary
|
Sale
|
14,731
|
5.4439 GBP
|
|
10p
ordinary
|
Sale
|
11,465
|
5.2489 GBP
|
|
10p
ordinary
|
Sale
|
10,397
|
5.1938 GBP
|
|
10p
ordinary
|
Sale
|
9,690
|
5.2477 GBP
|
|
10p
ordinary
|
Sale
|
9,483
|
5.2574 GBP
|
|
10p
ordinary
|
Sale
|
8,990
|
5.4297 GBP
|
|
10p
ordinary
|
Sale
|
7,406
|
5.3054 GBP
|
|
10p
ordinary
|
Sale
|
7,387
|
5.4288 GBP
|
|
10p
ordinary
|
Sale
|
7,095
|
5.4446 GBP
|
|
10p
ordinary
|
Sale
|
7,034
|
5.4321 GBP
|
|
10p
ordinary
|
Sale
|
6,435
|
4.7741 GBP
|
|
10p
ordinary
|
Sale
|
5,177
|
5.1393 GBP
|
|
10p
ordinary
|
Sale
|
5,064
|
5.4594 GBP
|
|
10p
ordinary
|
Sale
|
5,063
|
4.8337 GBP
|
|
10p
ordinary
|
Sale
|
5,000
|
5.0400 GBP
|
|
10p
ordinary
|
Sale
|
4,461
|
5.1330 GBP
|
|
10p
ordinary
|
Sale
|
4,446
|
5.2340 GBP
|
|
10p
ordinary
|
Sale
|
4,383
|
5.4403 GBP
|
|
10p
ordinary
|
Sale
|
4,189
|
4.7442 GBP
|
|
10p
ordinary
|
Sale
|
3,949
|
5.3520 GBP
|
|
10p
ordinary
|
Sale
|
3,885
|
5.4323 GBP
|
|
10p
ordinary
|
Sale
|
3,550
|
5.3326 GBP
|
|
10p
ordinary
|
Sale
|
2,128
|
5.4141 GBP
|
|
10p
ordinary
|
Sale
|
1,823
|
5.4328 GBP
|
|
10p
ordinary
|
Sale
|
1,642
|
4.7404 GBP
|
|
10p
ordinary
|
Sale
|
1,240
|
5.4415 GBP
|
|
10p
ordinary
|
Sale
|
1,210
|
5.0821 GBP
|
|
10p
ordinary
|
Sale
|
988
|
4.8834 GBP
|
|
10p
ordinary
|
Sale
|
935
|
4.7560 GBP
|
|
10p
ordinary
|
Sale
|
717
|
5.4175 GBP
|
|
10p
ordinary
|
Sale
|
676
|
5.4050 GBP
|
|
10p
ordinary
|
Sale
|
665
|
5.3680 GBP
|
|
10p
ordinary
|
Sale
|
650
|
5.2255 GBP
|
|
10p
ordinary
|
Sale
|
630
|
4.7460 GBP
|
|
10p
ordinary
|
Sale
|
558
|
4.7340 GBP
|
|
10p
ordinary
|
Sale
|
536
|
4.9120 GBP
|
|
10p
ordinary
|
Sale
|
501
|
5.4100 GBP
|
|
10p
ordinary
|
Sale
|
500
|
5.4105 GBP
|
|
10p
ordinary
|
Sale
|
455
|
4.9040 GBP
|
|
10p
ordinary
|
Sale
|
363
|
4.7480 GBP
|
|
10p
ordinary
|
Sale
|
319
|
4.8520 GBP
|
|
10p
ordinary
|
Sale
|
287
|
5.4650 GBP
|
|
10p
ordinary
|
Sale
|
268
|
4.7520 GBP
|
|
10p
ordinary
|
Sale
|
213
|
4.7280 GBP
|
|
10p
ordinary
|
Sale
|
202
|
4.9440 GBP
|
|
10p
ordinary
|
Sale
|
166
|
5.4130 GBP
|
|
10p
ordinary
|
Sale
|
75
|
4.7838 GBP
|
|
10p
ordinary
|
Sale
|
67
|
5.4601 GBP
|
|
10p
ordinary
|
Sale
|
12
|
5.4155 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
|
Increasing Long
|
31,422
|
5.3051 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
988
|
4.8834 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
480,320
|
5.1066 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
205,215
|
5.1930 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
195,432
|
5.2907 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
75,374
|
5.3088 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
116,906
|
5.3127 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,918
|
5.3700 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
444,523
|
5.4497 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
125,190
|
5.4506 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
19,777
|
5.4539 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,165
|
5.4550 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
50,000
|
4.7663 USD
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,790
|
4.9323 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
97,518
|
5.1579 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
938
|
5.4000 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
125,544
|
5.4546 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
61,007
|
5.4550 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
100,915
|
5.4560 USD
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,705
|
5.4662 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
55,681
|
5.1965 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
100,000
|
5.4351 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
250,311
|
5.4508 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
694
|
5.4550 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
197,790
|
5.0675 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
694
|
5.4550 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
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|
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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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01 Nov 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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