|
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:
|
21
Jun 2024
|
|
(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:
|
|
|
24,060,686
|
1.74%
|
32,545,428
|
2.36%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
8,981,419
|
0.65%
|
23,142,138
|
1.68%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
33,042,105
|
2.40%
|
55,687,566
|
4.04%
|
|
(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
|
2,545,761
|
3.6140 GBP
|
|
10p
ordinary
|
Purchase
|
503,836
|
3.6136 GBP
|
|
10p
ordinary
|
Purchase
|
222,676
|
3.6131 GBP
|
|
10p
ordinary
|
Purchase
|
183,372
|
3.6004 GBP
|
|
10p
ordinary
|
Purchase
|
72,963
|
3.6039 GBP
|
|
10p
ordinary
|
Purchase
|
58,710
|
3.6137 GBP
|
|
10p
ordinary
|
Purchase
|
43,722
|
3.6000 GBP
|
|
10p
ordinary
|
Purchase
|
22,266
|
3.6027 GBP
|
|
10p
ordinary
|
Purchase
|
20,238
|
3.5953 GBP
|
|
10p
ordinary
|
Purchase
|
11,560
|
3.6117 GBP
|
|
10p
ordinary
|
Purchase
|
8,550
|
3.6101 GBP
|
|
10p
ordinary
|
Purchase
|
6,540
|
3.6060 GBP
|
|
10p
ordinary
|
Purchase
|
5,605
|
3.6075 GBP
|
|
10p
ordinary
|
Purchase
|
4,682
|
3.6046 GBP
|
|
10p
ordinary
|
Purchase
|
4,362
|
3.5946 GBP
|
|
10p
ordinary
|
Purchase
|
4,117
|
3.5931 GBP
|
|
10p
ordinary
|
Purchase
|
4,047
|
3.6092 GBP
|
|
10p
ordinary
|
Purchase
|
3,719
|
3.5973 GBP
|
|
10p
ordinary
|
Purchase
|
2,351
|
3.5967 GBP
|
|
10p
ordinary
|
Purchase
|
2,235
|
3.6051 GBP
|
|
10p
ordinary
|
Purchase
|
1,672
|
3.6030 GBP
|
|
10p
ordinary
|
Purchase
|
1,295
|
3.5984 GBP
|
|
10p
ordinary
|
Purchase
|
1,103
|
3.5940 GBP
|
|
10p
ordinary
|
Purchase
|
1,091
|
3.6080 GBP
|
|
10p
ordinary
|
Purchase
|
914
|
3.5880 GBP
|
|
10p
ordinary
|
Purchase
|
761
|
3.6087 GBP
|
|
10p
ordinary
|
Sale
|
7,358,152
|
3.6132 GBP
|
|
10p
ordinary
|
Sale
|
3,011,308
|
3.6140 GBP
|
|
10p
ordinary
|
Sale
|
282,478
|
3.6133 GBP
|
|
10p
ordinary
|
Sale
|
243,304
|
3.6116 GBP
|
|
10p
ordinary
|
Sale
|
175,650
|
3.6004 GBP
|
|
10p
ordinary
|
Sale
|
150,273
|
3.5967 GBP
|
|
10p
ordinary
|
Sale
|
124,072
|
3.5920 GBP
|
|
10p
ordinary
|
Sale
|
114,214
|
3.6031 GBP
|
|
10p
ordinary
|
Sale
|
60,770
|
3.6003 GBP
|
|
10p
ordinary
|
Sale
|
46,134
|
3.6134 GBP
|
|
10p
ordinary
|
Sale
|
42,045
|
3.6000 GBP
|
|
10p
ordinary
|
Sale
|
35,839
|
3.6050 GBP
|
|
10p
ordinary
|
Sale
|
30,108
|
3.6044 GBP
|
|
10p
ordinary
|
Sale
|
25,805
|
3.5988 GBP
|
|
10p
ordinary
|
Sale
|
15,312
|
3.5929 GBP
|
|
10p
ordinary
|
Sale
|
6,540
|
3.6060 GBP
|
|
10p
ordinary
|
Sale
|
6,440
|
3.6138 GBP
|
|
10p
ordinary
|
Sale
|
6,344
|
3.6005 GBP
|
|
10p
ordinary
|
Sale
|
5,605
|
3.6078 GBP
|
|
10p
ordinary
|
Sale
|
3,299
|
3.5918 GBP
|
|
10p
ordinary
|
Sale
|
2,816
|
3.5961 GBP
|
|
10p
ordinary
|
Sale
|
1,897
|
3.6008 GBP
|
|
10p
ordinary
|
Sale
|
1,295
|
3.5987 GBP
|
|
10p
ordinary
|
Sale
|
1,091
|
3.6083 GBP
|
|
10p
ordinary
|
Sale
|
914
|
3.5880 GBP
|
|
10p
ordinary
|
Sale
|
903
|
3.6010 GBP
|
|
10p
ordinary
|
Sale
|
2,400
|
3.6119 GBP
|
|
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
|
relevant
|
description
|
|
reference
|
unit
|
|
security
|
|
|
securities
|
|
|
10p
ordinary
|
CFD
|
Closing
Short
|
450
|
3.6140 GBP
|
|
10p
ordinary
|
CFD
|
Closing
Short
|
1,744
|
3.6059 GBP
|
|
10p
ordinary
|
CFD
|
Closing
Short
|
42,045
|
3.6000 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
4,047
|
3.6092 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
25,000
|
3.5952 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,897
|
3.6008 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,299
|
3.5918 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
6,440
|
3.6138 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
15,312
|
3.5929 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
25,805
|
3.5988 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
100,070
|
3.6007 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
150,273
|
3.5967 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
152,140
|
3.6015 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
282,478
|
3.6132 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
871,306
|
3.6100 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,677,355
|
3.6140 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,162,330
|
3.6135 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
135,866
|
3.6121 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
15,396
|
3.6134 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
17,273
|
3.6132 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
21,161
|
3.6137 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
35,839
|
3.6050 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
114,214
|
3.6031 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,351
|
3.5967 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,528
|
3.6004 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
72,963
|
3.6040 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
96,643
|
3.6034 GBP
|
|
10p
ordinary
|
CFD
|
Opening
Long
|
450
|
3.6140 GBP
|
|
10p
ordinary
|
CFD
|
Opening
Long
|
1,744
|
3.6059 GBP
|
|
10p
ordinary
|
CFD
|
Opening
Long
|
2,175,016
|
3.6139 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:
|
24 Jun 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|