|
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")
|
|
1.
|
KEY
INFORMATION
|
|
(a)
|
Full name of discloser:
|
|
Barclays PLC.
|
|
(b)
|
Owner or controller of interest and short
|
|
|
|
positions disclosed, if different from 1(a):
|
|
(c)
|
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:
|
07
Jan 2025
|
|
(f)
|
In
addition to the company in 1(c) above, is the discloser
making
|
YES:
|
|
|
|
|
disclosures in respect of any other party to the
offer?
|
INTERNATIONAL PAPER COMPANY
|
|
|
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:
|
|
|
32,359,905
|
2.34%
|
16,459,374
|
1.19%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
12,809,944
|
0.93%
|
30,928,101
|
2.24%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
45,169,849
|
3.27%
|
47,387,475
|
3.43%
|
|
(b)
|
Rights to subscribe for new securities (including directors
and other executive
|
|
|
|
options)
|
|
|
|
|
|
|
|
Class of relevant security in relation to
|
|
|
|
|
|
which subscription right exists
|
|
|
|
|
|
Details, including nature of the rights
|
|
|
|
|
|
concerned and relevant percentages:
|
|
|
|
|
|
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
|
399,065
|
5.4288 GBP
|
|
10p
ordinary
|
Purchase
|
151,676
|
5.4300 GBP
|
|
10p
ordinary
|
Purchase
|
133,226
|
5.4117 GBP
|
|
10p
ordinary
|
Purchase
|
88,962
|
5.4277 GBP
|
|
10p
ordinary
|
Purchase
|
78,613
|
5.4251 GBP
|
|
10p
ordinary
|
Purchase
|
61,391
|
5.4227 GBP
|
|
10p
ordinary
|
Purchase
|
28,654
|
5.4228 GBP
|
|
10p
ordinary
|
Purchase
|
21,324
|
5.4147 GBP
|
|
10p
ordinary
|
Purchase
|
17,093
|
5.4234 GBP
|
|
10p
ordinary
|
Purchase
|
11,946
|
5.4193 GBP
|
|
10p
ordinary
|
Purchase
|
9,510
|
5.4028 GBP
|
|
10p
ordinary
|
Purchase
|
9,000
|
5.3793 GBP
|
|
10p
ordinary
|
Purchase
|
8,928
|
5.4052 GBP
|
|
10p
ordinary
|
Purchase
|
8,378
|
5.4208 GBP
|
|
10p
ordinary
|
Purchase
|
7,610
|
5.4050 GBP
|
|
10p
ordinary
|
Purchase
|
7,462
|
5.4194 GBP
|
|
10p
ordinary
|
Purchase
|
7,442
|
5.4303 GBP
|
|
10p
ordinary
|
Purchase
|
6,434
|
5.4085 GBP
|
|
10p
ordinary
|
Purchase
|
6,305
|
5.4115 GBP
|
|
10p
ordinary
|
Purchase
|
5,056
|
5.4114 GBP
|
|
10p
ordinary
|
Purchase
|
4,848
|
5.3900 GBP
|
|
10p
ordinary
|
Purchase
|
4,266
|
5.4100 GBP
|
|
10p
ordinary
|
Purchase
|
4,139
|
5.4049 GBP
|
|
10p
ordinary
|
Purchase
|
4,078
|
5.4264 GBP
|
|
10p
ordinary
|
Purchase
|
3,536
|
5.3966 GBP
|
|
10p
ordinary
|
Purchase
|
3,080
|
5.3873 GBP
|
|
10p
ordinary
|
Purchase
|
2,850
|
5.4260 GBP
|
|
10p
ordinary
|
Purchase
|
2,783
|
5.4433 GBP
|
|
10p
ordinary
|
Purchase
|
2,757
|
5.4150 GBP
|
|
10p
ordinary
|
Purchase
|
2,343
|
5.4092 GBP
|
|
10p
ordinary
|
Purchase
|
2,318
|
5.4069 GBP
|
|
10p
ordinary
|
Purchase
|
2,213
|
5.4009 GBP
|
|
10p
ordinary
|
Purchase
|
2,137
|
5.4109 GBP
|
|
10p
ordinary
|
Purchase
|
1,998
|
5.4000 GBP
|
|
10p
ordinary
|
Purchase
|
1,703
|
5.4075 GBP
|
|
10p
ordinary
|
Purchase
|
1,571
|
5.3950 GBP
|
|
10p
ordinary
|
Purchase
|
1,541
|
5.4550 GBP
|
|
10p
ordinary
|
Purchase
|
1,443
|
5.4250 GBP
|
|
10p
ordinary
|
Purchase
|
1,400
|
5.4400 GBP
|
|
10p
ordinary
|
Purchase
|
1,287
|
5.4200 GBP
|
|
10p
ordinary
|
Purchase
|
1,159
|
5.4235 GBP
|
|
10p
ordinary
|
Purchase
|
1,135
|
5.4544 GBP
|
|
10p
ordinary
|
Purchase
|
1,091
|
5.3775 GBP
|
|
10p
ordinary
|
Purchase
|
1,006
|
5.3975 GBP
|
|
10p
ordinary
|
Purchase
|
974
|
5.4500 GBP
|
|
10p
ordinary
|
Purchase
|
895
|
5.3800 GBP
|
|
10p
ordinary
|
Purchase
|
724
|
5.4450 GBP
|
|
10p
ordinary
|
Purchase
|
623
|
5.3550 GBP
|
|
10p
ordinary
|
Purchase
|
593
|
5.3850 GBP
|
|
10p
ordinary
|
Purchase
|
376
|
5.4375 GBP
|
|
10p
ordinary
|
Sale
|
328,894
|
5.4261 GBP
|
|
10p
ordinary
|
Sale
|
243,724
|
5.4300 GBP
|
|
10p
ordinary
|
Sale
|
171,511
|
5.4311 GBP
|
|
10p
ordinary
|
Sale
|
155,184
|
5.4293 GBP
|
|
10p
ordinary
|
Sale
|
142,106
|
5.4129 GBP
|
|
10p
ordinary
|
Sale
|
105,349
|
5.4177 GBP
|
|
10p
ordinary
|
Sale
|
63,418
|
5.4100 GBP
|
|
10p
ordinary
|
Sale
|
45,351
|
5.4188 GBP
|
|
10p
ordinary
|
Sale
|
43,847
|
5.4416 GBP
|
|
10p
ordinary
|
Sale
|
42,458
|
5.4170 GBP
|
|
10p
ordinary
|
Sale
|
31,924
|
5.4136 GBP
|
|
10p
ordinary
|
Sale
|
31,179
|
5.4141 GBP
|
|
10p
ordinary
|
Sale
|
29,875
|
5.4000 GBP
|
|
10p
ordinary
|
Sale
|
27,877
|
5.3551 GBP
|
|
10p
ordinary
|
Sale
|
26,374
|
5.4131 GBP
|
|
10p
ordinary
|
Sale
|
20,257
|
5.4117 GBP
|
|
10p
ordinary
|
Sale
|
19,114
|
5.4344 GBP
|
|
10p
ordinary
|
Sale
|
18,214
|
5.4462 GBP
|
|
10p
ordinary
|
Sale
|
16,260
|
5.4304 GBP
|
|
10p
ordinary
|
Sale
|
15,220
|
5.4444 GBP
|
|
10p
ordinary
|
Sale
|
15,109
|
5.4060 GBP
|
|
10p
ordinary
|
Sale
|
13,667
|
5.4063 GBP
|
|
10p
ordinary
|
Sale
|
10,304
|
5.4500 GBP
|
|
10p
ordinary
|
Sale
|
9,076
|
5.3801 GBP
|
|
10p
ordinary
|
Sale
|
8,634
|
5.4009 GBP
|
|
10p
ordinary
|
Sale
|
8,145
|
5.4149 GBP
|
|
10p
ordinary
|
Sale
|
7,808
|
5.4050 GBP
|
|
10p
ordinary
|
Sale
|
5,250
|
5.4262 GBP
|
|
10p
ordinary
|
Sale
|
4,848
|
5.3900 GBP
|
|
10p
ordinary
|
Sale
|
4,748
|
5.4128 GBP
|
|
10p
ordinary
|
Sale
|
4,239
|
5.4143 GBP
|
|
10p
ordinary
|
Sale
|
3,845
|
5.3859 GBP
|
|
10p
ordinary
|
Sale
|
3,733
|
5.4263 GBP
|
|
10p
ordinary
|
Sale
|
2,916
|
5.3927 GBP
|
|
10p
ordinary
|
Sale
|
2,757
|
5.4150 GBP
|
|
10p
ordinary
|
Sale
|
2,708
|
5.3977 GBP
|
|
10p
ordinary
|
Sale
|
2,470
|
5.4309 GBP
|
|
10p
ordinary
|
Sale
|
2,329
|
5.4450 GBP
|
|
10p
ordinary
|
Sale
|
1,951
|
5.4021 GBP
|
|
10p
ordinary
|
Sale
|
1,907
|
5.4303 GBP
|
|
10p
ordinary
|
Sale
|
1,682
|
5.4190 GBP
|
|
10p
ordinary
|
Sale
|
1,675
|
5.4001 GBP
|
|
10p
ordinary
|
Sale
|
1,571
|
5.3950 GBP
|
|
10p
ordinary
|
Sale
|
1,541
|
5.4550 GBP
|
|
10p
ordinary
|
Sale
|
1,443
|
5.4250 GBP
|
|
10p
ordinary
|
Sale
|
1,400
|
5.4400 GBP
|
|
10p
ordinary
|
Sale
|
1,219
|
5.4104 GBP
|
|
10p
ordinary
|
Sale
|
1,116
|
5.3875 GBP
|
|
10p
ordinary
|
Sale
|
1,091
|
5.3775 GBP
|
|
10p
ordinary
|
Sale
|
728
|
5.4075 GBP
|
|
10p
ordinary
|
Sale
|
623
|
5.3550 GBP
|
|
10p
ordinary
|
Sale
|
593
|
5.3850 GBP
|
|
10p
ordinary
|
Sale
|
479
|
5.4114 GBP
|
|
10p
ordinary
|
Sale
|
111
|
5.4091 GBP
|
|
10p
ordinary
|
Sale
|
95
|
5.3800 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 Short
|
54,876
|
5.4155 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
945
|
5.3550 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,091
|
5.3775 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,708
|
5.3977 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,520
|
5.4025 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
13,667
|
5.4063 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
111
|
5.4091 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
479
|
5.4114 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
113,328
|
5.4129 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,384
|
5.4138 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
15,726
|
5.4140 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
31,179
|
5.4141 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,239
|
5.4143 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
12,027
|
5.4147 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
107,227
|
5.4172 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
91,947
|
5.4185 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
44,611
|
5.4188 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
49,026
|
5.4208 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
16,937
|
5.4297 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
282,379
|
5.4300 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
19,114
|
5.4344 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,080
|
5.3873 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
519
|
5.4079 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,343
|
5.4092 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,304
|
5.4111 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
14,603
|
5.4207 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
61,391
|
5.4227 USD
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,850
|
5.4260 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
15,128
|
5.4291 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
38,911
|
5.4300 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
4,820
|
5.4219 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
423
|
5.4300 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
100,000
|
5.4079 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:
|
08 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
