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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
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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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02
Jan 2025
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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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and/or controlled:
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33,133,792
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2.40%
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16,404,020
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1.19%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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12,602,889
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0.91%
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31,658,031
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2.29%
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(3)
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Stock-settled derivatives (including
options)
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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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45,736,681
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3.31%
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48,062,051
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3.48%
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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
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10p
ordinary
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Purchase
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406,928
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5.4800 GBP
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10p
ordinary
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Purchase
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68,044
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5.4737 GBP
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10p
ordinary
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Purchase
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51,783
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5.4776 GBP
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10p
ordinary
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Purchase
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45,572
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5.4686 GBP
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10p
ordinary
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Purchase
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26,441
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5.4663 GBP
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10p
ordinary
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Purchase
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26,302
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5.4658 GBP
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10p
ordinary
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Purchase
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17,324
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5.4641 GBP
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10p
ordinary
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Purchase
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16,307
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5.4599 GBP
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10p
ordinary
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Purchase
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10,079
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5.4777 GBP
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10p
ordinary
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Purchase
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8,386
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5.4688 GBP
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10p
ordinary
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Purchase
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7,144
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5.4741 GBP
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10p
ordinary
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Purchase
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7,126
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5.4541 GBP
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10p
ordinary
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Purchase
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6,815
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5.4598 GBP
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10p
ordinary
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Purchase
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5,429
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5.4744 GBP
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10p
ordinary
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Purchase
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5,036
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5.4479 GBP
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10p
ordinary
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Purchase
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4,155
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5.4611 GBP
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10p
ordinary
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Purchase
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4,093
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5.4705 GBP
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10p
ordinary
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Purchase
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3,631
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5.4640 GBP
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10p
ordinary
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Purchase
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3,628
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5.4431 GBP
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10p
ordinary
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Purchase
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3,012
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5.4450 GBP
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10p
ordinary
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Purchase
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2,858
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5.4335 GBP
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10p
ordinary
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Purchase
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2,228
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5.5008 GBP
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10p
ordinary
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Purchase
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2,221
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5.4751 GBP
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10p
ordinary
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Purchase
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2,128
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5.4366 GBP
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10p
ordinary
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Purchase
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1,938
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5.4250 GBP
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10p
ordinary
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Purchase
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1,906
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5.4900 GBP
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10p
ordinary
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Purchase
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1,800
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5.4321 GBP
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10p
ordinary
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Purchase
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1,581
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5.4550 GBP
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10p
ordinary
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Purchase
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1,210
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5.4725 GBP
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10p
ordinary
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Purchase
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1,199
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5.4950 GBP
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10p
ordinary
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Purchase
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1,172
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5.4300 GBP
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10p
ordinary
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Purchase
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738
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5.4633 GBP
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10p
ordinary
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Purchase
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720
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5.4850 GBP
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10p
ordinary
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Purchase
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597
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5.4500 GBP
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10p
ordinary
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Purchase
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366
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5.4814 GBP
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10p
ordinary
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Purchase
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347
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5.4150 GBP
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10p
ordinary
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Purchase
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150
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5.4650 GBP
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10p
ordinary
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Purchase
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33
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5.4200 GBP
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10p
ordinary
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Sale
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159,745
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5.4803 GBP
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10p
ordinary
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Sale
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132,631
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5.4800 GBP
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10p
ordinary
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Sale
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43,432
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5.4695 GBP
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10p
ordinary
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Sale
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29,987
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5.4720 GBP
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10p
ordinary
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Sale
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18,400
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5.4461 GBP
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10p
ordinary
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Sale
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16,500
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5.4763 GBP
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10p
ordinary
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Sale
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14,336
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5.4667 GBP
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10p
ordinary
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Sale
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12,251
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5.4692 GBP
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|
10p
ordinary
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Sale
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8,243
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5.4671 GBP
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10p
ordinary
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Sale
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7,864
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5.4504 GBP
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10p
ordinary
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Sale
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4,050
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5.4600 GBP
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10p
ordinary
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Sale
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3,926
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5.4565 GBP
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|
10p
ordinary
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Sale
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3,249
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5.4683 GBP
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10p
ordinary
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Sale
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3,118
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5.4445 GBP
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10p
ordinary
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Sale
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2,841
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5.4450 GBP
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10p
ordinary
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Sale
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2,335
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5.4982 GBP
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10p
ordinary
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Sale
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1,938
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5.4250 GBP
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|
10p
ordinary
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Sale
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1,902
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5.4178 GBP
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10p
ordinary
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Sale
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1,581
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5.4550 GBP
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10p
ordinary
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Sale
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1,500
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5.4610 GBP
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10p
ordinary
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Sale
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1,199
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5.4950 GBP
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10p
ordinary
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Sale
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1,172
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5.4300 GBP
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10p
ordinary
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Sale
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973
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5.4227 GBP
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10p
ordinary
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Sale
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720
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5.4850 GBP
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10p
ordinary
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Sale
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554
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5.4349 GBP
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10p
ordinary
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Sale
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483
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5.4900 GBP
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10p
ordinary
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Sale
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377
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5.4100 GBP
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10p
ordinary
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Sale
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347
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5.4150 GBP
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10p
ordinary
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Sale
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33
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5.4200 GBP
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(b)
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Cash-settled derivative transactions
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Class of
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Product
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Nature of
dealing
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Number of
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Price per
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relevant
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description
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reference
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unit
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security
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securities
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10p
ordinary
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SWAP
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Increasing Short
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67,749
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5.4708 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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554
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5.4349 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,841
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5.4450 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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7,864
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5.4504 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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12,251
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5.4692 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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43,432
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5.4695 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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29,987
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5.4719 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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16,500
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5.4763 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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57,470
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5.4774 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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20,020
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5.4785 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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120,760
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5.4800 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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1,153
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5.4807 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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21,344
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5.4836 GBP
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10p
ordinary
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SWAP
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Increasing Short
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1,390
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5.4150 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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2,858
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5.4335 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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5,036
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5.4479 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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16,191
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5.4643 GBP
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|
10p
ordinary
|
SWAP
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Increasing Short
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26,441
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5.4663 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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14,108
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5.4675 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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62,084
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5.4769 GBP
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|
10p
ordinary
|
SWAP
|
Increasing Short
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353,382
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5.4800 GBP
|
|
10p
ordinary
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SWAP
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Increasing Short
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15,654
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5.4802 GBP
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|
10p
ordinary
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CFD
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Decreasing Short
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35,519
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5.4800 GBP
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|
10p
ordinary
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CFD
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Increasing Short
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1
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5.4200 GBP
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|
10p
ordinary
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CFD
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Increasing Short
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7,581
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5.4464 GBP
|
|
10p
ordinary
|
CFD
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Increasing Short
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7,683
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5.4800 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
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Product
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Writing,
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Number
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
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paid/
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security
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varying etc
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to which
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received
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option
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per unit
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relates
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(ii)
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Exercising
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Class of
relevant
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Product
description
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Exercising/ exercised
against
|
Number of
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Exercise price
per
|
|
security
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|
securities
|
unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of
relevant
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Nature of
Dealings
|
Details
|
Price per unit
(if
|
|
security
|
|
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applicable)
|
|
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4.
|
OTHER
INFORMATION
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|
(a)
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Indemnity and other dealings arrangements
|
|
|
Details of any indemnity or option arrangement, or any
agreement or understanding,
|
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|
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formal or informal, relating to relevant securities which may
be an inducement to deal
|
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
|
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|
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)
|
Agreements, arrangements or understandings relating to options
or derivatives
|
|
|
Details of any agreement, arrangement or understanding, formal
or informal, between
|
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|
|
the
person making the disclosure and any other person relating
to:
|
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|
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(i) the voting rights of any relevant securities under
any option; or
|
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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
|
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|
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any
derivative is referenced:
|
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NONE
|
|
(c)
|
Attachments
|
|
|
|
|
|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
03 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
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