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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
positions disclosed, if different from
1(a):
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(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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DS
SMITH PLC
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(d)
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If
an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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01
Aug 2024
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(f)
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In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
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YES:
INTERNATIONAL PAPER CO
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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
to which the disclosure relates following the dealing(if
any)
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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)
Relevant securities owned and/or controlled:
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33,313,076
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2.41%
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32,873,533
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2.38%
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(2)
Cash-settled derivatives:
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12,296,156
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0.89%
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32,916,366
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2.39%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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45,609,232
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3.30%
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65,789,899
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4.77%
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(b)
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Rights to subscribe for new securities (including directors
and
other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE PERSON MAKING THE
DISCLOSURE
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Number of
securities
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Price per
unit
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|
10p
ordinary
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Purchase
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164,085
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4.5660 GBP
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|
10p
ordinary
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Purchase
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59,637
|
4.5547 GBP
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|
10p
ordinary
|
Purchase
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59,609
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4.5659 GBP
|
|
10p
ordinary
|
Purchase
|
41,471
|
4.5625 GBP
|
|
10p
ordinary
|
Purchase
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35,076
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4.5630 GBP
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|
10p
ordinary
|
Purchase
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29,771
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4.5634 GBP
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|
10p
ordinary
|
Purchase
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21,265
|
4.5636 GBP
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|
10p
ordinary
|
Purchase
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16,693
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4.5581 GBP
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|
10p
ordinary
|
Purchase
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15,286
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4.5604 GBP
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|
10p
ordinary
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Purchase
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12,000
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4.5702 GBP
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|
10p
ordinary
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Purchase
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11,728
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4.5531 GBP
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|
10p
ordinary
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Purchase
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6,283
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4.5554 GBP
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|
10p
ordinary
|
Purchase
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6,061
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4.5583 GBP
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|
10p
ordinary
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Purchase
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5,131
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4.5535 GBP
|
|
10p
ordinary
|
Purchase
|
4,955
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4.5532 GBP
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|
10p
ordinary
|
Purchase
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3,324
|
4.5677 GBP
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|
10p
ordinary
|
Purchase
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2,749
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4.5545 GBP
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|
10p
ordinary
|
Purchase
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2,576
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4.5497 GBP
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|
10p
ordinary
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Purchase
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2,094
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4.5616 GBP
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|
10p
ordinary
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Purchase
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2,069
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4.5504 GBP
|
|
10p
ordinary
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Purchase
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1,400
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4.5308 GBP
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|
10p
ordinary
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Purchase
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1,331
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4.5668 GBP
|
|
10p
ordinary
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Purchase
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1,300
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4.5380 GBP
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|
10p
ordinary
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Purchase
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1,115
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4.5498 GBP
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|
10p
ordinary
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Purchase
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1,090
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4.5800 GBP
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|
10p
ordinary
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Purchase
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882
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4.5450 GBP
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|
10p
ordinary
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Purchase
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629
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4.5640 GBP
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|
10p
ordinary
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Purchase
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606
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4.5500 GBP
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|
10p
ordinary
|
Purchase
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606
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4.5300 GBP
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|
10p
ordinary
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Purchase
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571
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4.5680 GBP
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|
10p
ordinary
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Purchase
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283
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4.5580 GBP
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|
10p
ordinary
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Purchase
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200
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4.5603 GBP
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|
10p
ordinary
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Sale
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339,178
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4.5651 GBP
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|
10p
ordinary
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Sale
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115,515
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4.5637 GBP
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|
10p
ordinary
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Sale
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86,226
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4.5621 GBP
|
|
10p
ordinary
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Sale
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70,501
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4.5658 GBP
|
|
10p
ordinary
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Sale
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58,895
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4.5578 GBP
|
|
10p
ordinary
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Sale
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40,571
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4.5575 GBP
|
|
10p
ordinary
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Sale
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35,157
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4.5378 GBP
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|
10p
ordinary
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Sale
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30,385
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4.5605 GBP
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|
10p
ordinary
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Sale
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25,568
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4.5536 GBP
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|
10p
ordinary
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Sale
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24,039
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4.5650 GBP
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|
10p
ordinary
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Sale
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22,715
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4.5537 GBP
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10p
ordinary
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Sale
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21,356
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4.5624 GBP
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10p
ordinary
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Sale
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15,317
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4.5660 GBP
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10p
ordinary
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Sale
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11,396
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4.5635 GBP
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10p
ordinary
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Sale
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10,636
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4.5582 GBP
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10p
ordinary
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Sale
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9,898
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4.5604 GBP
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10p
ordinary
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Sale
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5,538
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4.5501 GBP
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10p
ordinary
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Sale
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5,483
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4.5694 GBP
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10p
ordinary
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Sale
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5,372
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4.5497 GBP
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|
10p
ordinary
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Sale
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4,147
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4.5445 GBP
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10p
ordinary
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Sale
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3,692
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4.5591 GBP
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10p
ordinary
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Sale
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3,551
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4.5632 GBP
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10p
ordinary
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Sale
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3,350
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4.5664 GBP
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10p
ordinary
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Sale
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3,213
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4.5550 GBP
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|
10p
ordinary
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Sale
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2,545
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4.5620 GBP
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|
10p
ordinary
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Sale
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2,519
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4.5587 GBP
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|
10p
ordinary
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Sale
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2,194
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4.5640 GBP
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|
10p
ordinary
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Sale
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2,003
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4.5647 GBP
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|
10p
ordinary
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Sale
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1,999
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4.5541 GBP
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|
10p
ordinary
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Sale
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1,856
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4.5570 GBP
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|
10p
ordinary
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Sale
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1,777
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4.5648 GBP
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|
10p
ordinary
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Sale
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1,771
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4.5600 GBP
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10p
ordinary
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Sale
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1,729
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4.5760 GBP
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|
10p
ordinary
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Sale
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1,300
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4.5380 GBP
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10p
ordinary
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Sale
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21
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4.5780 GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
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10p
ordinary
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CFD
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Decreasing Short
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1,104
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4.5644 GBP
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|
10p
ordinary
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CFD
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Decreasing Short
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13,969
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4.5659 GBP
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|
10p
ordinary
|
CFD
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Decreasing Short
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2,274
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4.5660 GBP
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|
10p
ordinary
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CFD
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Increasing Short
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1,657
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4.5304 GBP
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|
10p
ordinary
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CFD
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Increasing Short
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664
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4.5379 GBP
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|
10p
ordinary
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CFD
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Increasing Short
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50,000
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4.5631 GBP
|
|
10p
ordinary
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CFD
|
Increasing Short
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12,842
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4.5659 GBP
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|
10p
ordinary
|
CFD
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Increasing Short
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926
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4.5660 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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412
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4.5759 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Long
|
200
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4.5603 GBP
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|
10p
ordinary
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SWAP
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Increasing Long
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24,039
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4.5650 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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35,157
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4.5378 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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86,226
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4.5621 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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4,147
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4.5445 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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20,757
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4.5534 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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58,895
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4.5578 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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8,304
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4.5635 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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32,912
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4.5660 GBP
|
|
10p
ordinary
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SWAP
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Increasing Short
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4
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4.5380 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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2,576
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4.5497 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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59,637
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4.5547 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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3,398
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4.5605 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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2,094
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4.5616 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
|
25,795
|
4.5661 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
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40,571
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4.5575 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,115
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4.5498 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
11,728
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4.5531 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
6,594
|
4.5590 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
6,911
|
4.5635 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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29,973
|
4.5660 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3
|
4.5380 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
7,671
|
4.5540 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
16,693
|
4.5581 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
32,806
|
4.5580 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
3,176
|
4.5580 GBP
|
|
|
|
|
|
|
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(c)
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Stock-settled derivative transactions
(including options)
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(i)
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Writing, selling, purchasing or varying
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|
Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
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Expiry
date
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Option
money
paid/
received
per unit
|
|
|
|
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|
|
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(ii)
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Exercising
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|
|
|
|
|
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Class of relevant
security
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Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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(d)
|
Other dealings (including subscribing for
new securities)
|
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
applicable)
|
|
|
|
|
|
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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|
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:
|
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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:
|
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NONE
|
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(c)
|
Attachments
|
|
|
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|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
02 Aug 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
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|
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