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
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:
|
17
Jul 2024
|
(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 CO
|
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:
|
38,014,715
|
2.76%
|
25,416,502
|
1.84%
|
(2)
Cash-settled derivatives:
|
7,721,797
|
0.56%
|
37,354,538
|
2.71%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
|
45,736,512
|
3.32%
|
62,771,040
|
4.55%
|
(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
|
232,769
|
4.4123 GBP
|
10p
ordinary
|
Purchase
|
193,046
|
4.4200 GBP
|
10p
ordinary
|
Purchase
|
146,860
|
4.4166 GBP
|
10p
ordinary
|
Purchase
|
138,200
|
4.3936 GBP
|
10p
ordinary
|
Purchase
|
104,392
|
4.3760 GBP
|
10p
ordinary
|
Purchase
|
81,138
|
4.3752 GBP
|
10p
ordinary
|
Purchase
|
63,530
|
4.3787 GBP
|
10p
ordinary
|
Purchase
|
52,231
|
4.3757 GBP
|
10p
ordinary
|
Purchase
|
49,497
|
4.3780 GBP
|
10p
ordinary
|
Purchase
|
41,373
|
4.3720 GBP
|
10p
ordinary
|
Purchase
|
27,778
|
4.3800 GBP
|
10p
ordinary
|
Purchase
|
25,898
|
4.3786 GBP
|
10p
ordinary
|
Purchase
|
25,119
|
4.3759 GBP
|
10p
ordinary
|
Purchase
|
23,021
|
4.4076 GBP
|
10p
ordinary
|
Purchase
|
21,785
|
4.4118 GBP
|
10p
ordinary
|
Purchase
|
17,491
|
4.3756 GBP
|
10p
ordinary
|
Purchase
|
16,919
|
4.3733 GBP
|
10p
ordinary
|
Purchase
|
12,935
|
4.3772 GBP
|
10p
ordinary
|
Purchase
|
9,693
|
4.3771 GBP
|
10p
ordinary
|
Purchase
|
9,145
|
4.3806 GBP
|
10p
ordinary
|
Purchase
|
7,823
|
4.3817 GBP
|
10p
ordinary
|
Purchase
|
7,327
|
4.3791 GBP
|
10p
ordinary
|
Purchase
|
5,989
|
4.3982 GBP
|
10p
ordinary
|
Purchase
|
4,346
|
4.3855 GBP
|
10p
ordinary
|
Purchase
|
4,339
|
4.3788 GBP
|
10p
ordinary
|
Purchase
|
4,055
|
4.4144 GBP
|
10p
ordinary
|
Purchase
|
3,346
|
4.3821 GBP
|
10p
ordinary
|
Purchase
|
3,329
|
4.3819 GBP
|
10p
ordinary
|
Purchase
|
2,877
|
4.3761 GBP
|
10p
ordinary
|
Purchase
|
2,765
|
4.3598 GBP
|
10p
ordinary
|
Purchase
|
2,184
|
4.3600 GBP
|
10p
ordinary
|
Purchase
|
2,015
|
4.3792 GBP
|
10p
ordinary
|
Purchase
|
2,007
|
4.3960 GBP
|
10p
ordinary
|
Purchase
|
1,895
|
4.3724 GBP
|
10p
ordinary
|
Purchase
|
1,871
|
4.3965 GBP
|
10p
ordinary
|
Purchase
|
1,775
|
4.3981 GBP
|
10p
ordinary
|
Purchase
|
1,750
|
4.3740 GBP
|
10p
ordinary
|
Purchase
|
1,702
|
4.3715 GBP
|
10p
ordinary
|
Purchase
|
1,695
|
4.3987 GBP
|
10p
ordinary
|
Purchase
|
1,448
|
4.4052 GBP
|
10p
ordinary
|
Purchase
|
1,206
|
4.3640 GBP
|
10p
ordinary
|
Purchase
|
1,092
|
4.3610 GBP
|
10p
ordinary
|
Purchase
|
1,009
|
4.3813 GBP
|
10p
ordinary
|
Purchase
|
839
|
4.4286 GBP
|
10p
ordinary
|
Purchase
|
767
|
4.4087 GBP
|
10p
ordinary
|
Purchase
|
300
|
4.3820 GBP
|
10p
ordinary
|
Purchase
|
1
|
4.4000 GBP
|
10p
ordinary
|
Sale
|
314,800
|
4.4159 GBP
|
10p
ordinary
|
Sale
|
201,828
|
4.4123 GBP
|
10p
ordinary
|
Sale
|
183,362
|
4.3726 GBP
|
10p
ordinary
|
Sale
|
136,483
|
4.4116 GBP
|
10p
ordinary
|
Sale
|
133,810
|
4.4200 GBP
|
10p
ordinary
|
Sale
|
125,975
|
4.4202 GBP
|
10p
ordinary
|
Sale
|
114,155
|
4.4081 GBP
|
10p
ordinary
|
Sale
|
75,203
|
4.3791 GBP
|
10p
ordinary
|
Sale
|
60,241
|
4.4042 GBP
|
10p
ordinary
|
Sale
|
57,404
|
4.4094 GBP
|
10p
ordinary
|
Sale
|
50,287
|
4.3969 GBP
|
10p
ordinary
|
Sale
|
44,139
|
4.3949 GBP
|
10p
ordinary
|
Sale
|
31,599
|
4.3854 GBP
|
10p
ordinary
|
Sale
|
24,802
|
4.3160 GBP
|
10p
ordinary
|
Sale
|
23,818
|
4.3934 GBP
|
10p
ordinary
|
Sale
|
22,538
|
4.3975 GBP
|
10p
ordinary
|
Sale
|
17,210
|
4.3904 GBP
|
10p
ordinary
|
Sale
|
17,174
|
4.3939 GBP
|
10p
ordinary
|
Sale
|
15,403
|
4.4014 GBP
|
10p
ordinary
|
Sale
|
13,836
|
4.3960 GBP
|
10p
ordinary
|
Sale
|
12,935
|
4.3772 GBP
|
10p
ordinary
|
Sale
|
10,046
|
4.3770 GBP
|
10p
ordinary
|
Sale
|
9,145
|
4.3806 GBP
|
10p
ordinary
|
Sale
|
7,936
|
4.3762 GBP
|
10p
ordinary
|
Sale
|
7,927
|
4.3828 GBP
|
10p
ordinary
|
Sale
|
7,823
|
4.3817 GBP
|
10p
ordinary
|
Sale
|
7,195
|
4.3851 GBP
|
10p
ordinary
|
Sale
|
6,118
|
4.4193 GBP
|
10p
ordinary
|
Sale
|
4,576
|
4.3664 GBP
|
10p
ordinary
|
Sale
|
4,339
|
4.3788 GBP
|
10p
ordinary
|
Sale
|
3,870
|
4.3619 GBP
|
10p
ordinary
|
Sale
|
3,329
|
4.3819 GBP
|
10p
ordinary
|
Sale
|
2,772
|
4.3907 GBP
|
10p
ordinary
|
Sale
|
2,707
|
4.3964 GBP
|
10p
ordinary
|
Sale
|
2,123
|
4.3734 GBP
|
10p
ordinary
|
Sale
|
1,857
|
4.3754 GBP
|
10p
ordinary
|
Sale
|
1,420
|
4.3900 GBP
|
10p
ordinary
|
Sale
|
1,016
|
4.3875 GBP
|
10p
ordinary
|
Sale
|
847
|
4.4259 GBP
|
10p
ordinary
|
Sale
|
650
|
4.3800 GBP
|
10p
ordinary
|
Sale
|
4
|
4.3740 GBP
|
(b)
|
Cash-settled derivative transactions
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
10p
ordinary
|
CFD
|
Decreasing Short
|
2,541
|
4.3737 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
2,650
|
4.3819 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
644
|
4.3820 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
15,279
|
4.4200 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
2,650
|
4.3819 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
644
|
4.3820 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
138,004
|
4.4200 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
442
|
4.4073 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
6,118
|
4.4193 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,576
|
4.3664 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,123
|
4.3734 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,857
|
4.3754 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
48,173
|
4.3979 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
201,828
|
4.4124 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
48,204
|
4.4166 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
113,126
|
4.4200 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,895
|
4.3724 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
25,119
|
4.3759 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,877
|
4.3761 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,009
|
4.3813 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
585
|
4.3940 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
15,188
|
4.4183 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
57,404
|
4.4094 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
895
|
4.3820 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
2,451
|
4.3822 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
839
|
4.4286 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
100,000
|
4.3765 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
100,000
|
4.3789 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
24,802
|
4.3161 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
32,963
|
4.3983 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
60,241
|
4.4042 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
81,654
|
4.4200 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
746
|
4.1191 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
39,774
|
4.1191 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:
|
18 Jul 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|