|
FORM 8.3 - Amendment to 2a and 3a
Replaces form Released at 08/01/2025 14:32 RNS Number :
6286S
|
|
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
relevant securities this form relates:
|
DS
SMITH PLC
|
|
(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
disclosures in respect of any other party to the
offer?
|
YES:
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:
|
32,361,850
|
2.33%
|
16,459,374
|
1.19%
|
|
(2)
Cash-settled derivatives:
|
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:
|
45,171,794
|
3.25%
|
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 PERSON MAKING THE
DISCLOSURE
|
|
(a)
|
Purchase and sales
|
|
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
|
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
|
1,945
|
5.3978 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
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
|
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
of
relevant
security
|
Product
description
|
Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
|
Expiry
date
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
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 person 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:
|
31 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
