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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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|
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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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|
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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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|
|
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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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20
Jun 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)
|
|
|
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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30,108,052
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2.18%
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30,603,580
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2.22%
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|
(2)
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Cash-settled derivatives:
|
|
|
|
|
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and/or controlled:
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|
7,417,810
|
0.54%
|
29,288,200
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2.12%
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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%
|
0
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0.00%
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|
|
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|
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TOTAL:
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37,525,862
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2.72%
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59,891,780
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4.34%
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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
|
Purchase/sale
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Number of
|
Price per
unit
|
|
security
|
|
securities
|
|
|
10p
ordinary
|
Purchase
|
416,637
|
3.6200 GBP
|
|
10p
ordinary
|
Purchase
|
409,980
|
3.6165 GBP
|
|
10p
ordinary
|
Purchase
|
230,065
|
3.5719 GBP
|
|
10p
ordinary
|
Purchase
|
134,489
|
3.6131 GBP
|
|
10p
ordinary
|
Purchase
|
110,249
|
3.5604 GBP
|
|
10p
ordinary
|
Purchase
|
77,000
|
3.6063 GBP
|
|
10p
ordinary
|
Purchase
|
61,296
|
3.5549 GBP
|
|
10p
ordinary
|
Purchase
|
44,158
|
3.5628 GBP
|
|
10p
ordinary
|
Purchase
|
14,678
|
3.5984 GBP
|
|
10p
ordinary
|
Purchase
|
6,934
|
3.5380 GBP
|
|
10p
ordinary
|
Purchase
|
5,318
|
3.5826 GBP
|
|
10p
ordinary
|
Purchase
|
5,178
|
3.5780 GBP
|
|
10p
ordinary
|
Purchase
|
3,563
|
3.5560 GBP
|
|
10p
ordinary
|
Purchase
|
3,442
|
3.6198 GBP
|
|
10p
ordinary
|
Purchase
|
2,835
|
3.5839 GBP
|
|
10p
ordinary
|
Purchase
|
2,779
|
3.5860 GBP
|
|
10p
ordinary
|
Purchase
|
2,774
|
3.5702 GBP
|
|
10p
ordinary
|
Purchase
|
2,688
|
3.5640 GBP
|
|
10p
ordinary
|
Purchase
|
2,530
|
3.5620 GBP
|
|
10p
ordinary
|
Purchase
|
2,479
|
3.6180 GBP
|
|
10p
ordinary
|
Purchase
|
2,317
|
3.5920 GBP
|
|
10p
ordinary
|
Purchase
|
2,099
|
3.6013 GBP
|
|
10p
ordinary
|
Purchase
|
2,063
|
3.5550 GBP
|
|
10p
ordinary
|
Purchase
|
1,976
|
3.5740 GBP
|
|
10p
ordinary
|
Purchase
|
1,811
|
3.5180 GBP
|
|
10p
ordinary
|
Purchase
|
1,516
|
3.5840 GBP
|
|
10p
ordinary
|
Purchase
|
1,441
|
3.5760 GBP
|
|
10p
ordinary
|
Purchase
|
1,384
|
3.5520 GBP
|
|
10p
ordinary
|
Purchase
|
1,241
|
3.5858 GBP
|
|
10p
ordinary
|
Purchase
|
1,196
|
3.5460 GBP
|
|
10p
ordinary
|
Purchase
|
1,184
|
3.5680 GBP
|
|
10p
ordinary
|
Purchase
|
1,087
|
3.5779 GBP
|
|
10p
ordinary
|
Purchase
|
624
|
3.5200 GBP
|
|
10p
ordinary
|
Purchase
|
581
|
3.5000 GBP
|
|
10p
ordinary
|
Purchase
|
63
|
3.5928 GBP
|
|
10p
ordinary
|
Purchase
|
39
|
3.5973 GBP
|
|
10p
ordinary
|
Purchase
|
6
|
3.5893 GBP
|
|
10p
ordinary
|
Purchase
|
5
|
3.6280 GBP
|
|
10p
ordinary
|
Purchase
|
3
|
3.6060 GBP
|
|
10p
ordinary
|
Purchase
|
3
|
3.5886 GBP
|
|
10p
ordinary
|
Purchase
|
1
|
3.5730 GBP
|
|
10p
ordinary
|
Sale
|
537,701
|
3.6148 GBP
|
|
10p
ordinary
|
Sale
|
396,578
|
3.6200 GBP
|
|
10p
ordinary
|
Sale
|
202,436
|
3.5900 GBP
|
|
10p
ordinary
|
Sale
|
138,183
|
3.5881 GBP
|
|
10p
ordinary
|
Sale
|
116,482
|
3.5939 GBP
|
|
10p
ordinary
|
Sale
|
107,506
|
3.6201 GBP
|
|
10p
ordinary
|
Sale
|
105,207
|
3.6007 GBP
|
|
10p
ordinary
|
Sale
|
59,076
|
3.5721 GBP
|
|
10p
ordinary
|
Sale
|
40,325
|
3.5950 GBP
|
|
10p
ordinary
|
Sale
|
36,733
|
3.5708 GBP
|
|
10p
ordinary
|
Sale
|
27,113
|
3.5852 GBP
|
|
10p
ordinary
|
Sale
|
22,877
|
3.5742 GBP
|
|
10p
ordinary
|
Sale
|
20,089
|
3.5804 GBP
|
|
10p
ordinary
|
Sale
|
18,704
|
3.5808 GBP
|
|
10p
ordinary
|
Sale
|
15,777
|
3.5806 GBP
|
|
10p
ordinary
|
Sale
|
13,906
|
3.5728 GBP
|
|
10p
ordinary
|
Sale
|
10,369
|
3.5635 GBP
|
|
10p
ordinary
|
Sale
|
9,661
|
3.5697 GBP
|
|
10p
ordinary
|
Sale
|
9,256
|
3.5760 GBP
|
|
10p
ordinary
|
Sale
|
7,841
|
3.5726 GBP
|
|
10p
ordinary
|
Sale
|
6,674
|
3.5759 GBP
|
|
10p
ordinary
|
Sale
|
5,664
|
3.5720 GBP
|
|
10p
ordinary
|
Sale
|
5,535
|
3.5775 GBP
|
|
10p
ordinary
|
Sale
|
5,178
|
3.5780 GBP
|
|
10p
ordinary
|
Sale
|
4,615
|
3.5798 GBP
|
|
10p
ordinary
|
Sale
|
3,755
|
3.6118 GBP
|
|
10p
ordinary
|
Sale
|
3,598
|
3.5987 GBP
|
|
10p
ordinary
|
Sale
|
3,563
|
3.5560 GBP
|
|
10p
ordinary
|
Sale
|
3,538
|
3.5812 GBP
|
|
10p
ordinary
|
Sale
|
2,779
|
3.5860 GBP
|
|
10p
ordinary
|
Sale
|
2,688
|
3.5640 GBP
|
|
10p
ordinary
|
Sale
|
1,946
|
3.5740 GBP
|
|
10p
ordinary
|
Sale
|
1,822
|
3.5836 GBP
|
|
10p
ordinary
|
Sale
|
1,750
|
3.5750 GBP
|
|
10p
ordinary
|
Sale
|
1,516
|
3.5840 GBP
|
|
10p
ordinary
|
Sale
|
1,477
|
3.5925 GBP
|
|
10p
ordinary
|
Sale
|
1,470
|
3.5952 GBP
|
|
10p
ordinary
|
Sale
|
1,384
|
3.5520 GBP
|
|
10p
ordinary
|
Sale
|
1,264
|
3.6180 GBP
|
|
10p
ordinary
|
Sale
|
1,184
|
3.5680 GBP
|
|
10p
ordinary
|
Sale
|
1,146
|
3.5794 GBP
|
|
10p
ordinary
|
Sale
|
1,036
|
3.5820 GBP
|
|
10p
ordinary
|
Sale
|
581
|
3.5000 GBP
|
|
10p
ordinary
|
Sale
|
569
|
3.5789 GBP
|
|
10p
ordinary
|
Sale
|
497
|
3.5800 GBP
|
|
10p
ordinary
|
Sale
|
427
|
3.5953 GBP
|
|
10p
ordinary
|
Sale
|
361
|
3.6026 GBP
|
|
10p
ordinary
|
Sale
|
190
|
3.5770 GBP
|
|
10p
ordinary
|
Sale
|
63
|
3.5932 GBP
|
|
10p
ordinary
|
Sale
|
39
|
3.5976 GBP
|
|
10p
ordinary
|
Sale
|
5
|
3.6280 GBP
|
|
10p
ordinary
|
Sale
|
2
|
3.6060 GBP
|
|
10p
ordinary
|
Sale
|
1
|
3.5733 GBP
|
|
10p
ordinary
|
Sale
|
34
|
3.6179 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
|
Decreasing Long
|
44,158
|
3.5628 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
581
|
3.5000 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,146
|
3.5794 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,246
|
3.5460 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,822
|
3.5836 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
9,087
|
3.5837 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
31,424
|
3.6200 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
50,549
|
3.5859 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
89,533
|
3.5856 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
105,207
|
3.6007 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
137,482
|
3.6133 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
154,201
|
3.6200 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
189,190
|
3.6195 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
202,436
|
3.5900 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
40,325
|
3.5950 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3
|
3.5886 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6
|
3.5893 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
624
|
3.5200 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
624
|
3.5180 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,246
|
3.5460 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,643
|
3.5991 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,099
|
3.6013 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,291
|
3.5993 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
22,645
|
3.5858 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
45,070
|
3.6112 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
110,249
|
3.5604 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
344,402
|
3.6200 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Short
|
156
|
3.5947 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:
|
21 Jun 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
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