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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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positions disclosed, if different from 1(a):
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(c)
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Name of offeror/offeree in relation to whose
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DS
SMITH PLC
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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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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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03
Oct 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)
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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)
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Relevant securities owned
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and/or controlled:
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32,708,166
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2.37%
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25,555,028
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1.85%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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11,577,572
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0.84%
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31,239,224
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2.26%
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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%
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0
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0.00%
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TOTAL:
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44,285,738
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3.21%
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56,794,252
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4.11%
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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
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Purchase/sale
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Number of
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Price per
unit
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security
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|
securities
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10p
ordinary
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Purchase
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5,698,564
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4.6500 GBP
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10p
ordinary
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Purchase
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300,000
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4.6069 GBP
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10p
ordinary
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Purchase
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221,680
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4.6203 GBP
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|
10p
ordinary
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Purchase
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85,696
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4.6240 GBP
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|
10p
ordinary
|
Purchase
|
84,929
|
4.6165 GBP
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|
10p
ordinary
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Purchase
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81,724
|
4.6121 GBP
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|
10p
ordinary
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Purchase
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64,578
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4.6224 GBP
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|
10p
ordinary
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Purchase
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37,351
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4.6143 GBP
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|
10p
ordinary
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Purchase
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33,271
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4.6186 GBP
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|
10p
ordinary
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Purchase
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29,091
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4.6160 GBP
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|
10p
ordinary
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Purchase
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9,972
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4.6086 GBP
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|
10p
ordinary
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Purchase
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9,121
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4.6119 GBP
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|
10p
ordinary
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Purchase
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6,939
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4.6025 GBP
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|
10p
ordinary
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Purchase
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6,934
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4.6146 GBP
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|
10p
ordinary
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Purchase
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5,838
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4.6137 GBP
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|
10p
ordinary
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Purchase
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5,544
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4.6111 GBP
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10p
ordinary
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Purchase
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5,339
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4.6112 GBP
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10p
ordinary
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Purchase
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3,682
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4.6180 GBP
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|
10p
ordinary
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Purchase
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3,185
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4.6145 GBP
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10p
ordinary
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Purchase
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2,616
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4.5885 GBP
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|
10p
ordinary
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Purchase
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2,368
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4.6060 GBP
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|
10p
ordinary
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Purchase
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1,686
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4.6138 GBP
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|
10p
ordinary
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Purchase
|
1,580
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4.6080 GBP
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|
10p
ordinary
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Purchase
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1,463
|
4.5940 GBP
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10p
ordinary
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Purchase
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1,282
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4.6178 GBP
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10p
ordinary
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Purchase
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1,171
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4.6150 GBP
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10p
ordinary
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Purchase
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1,055
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4.6100 GBP
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10p
ordinary
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Purchase
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1,026
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4.5900 GBP
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|
10p
ordinary
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Purchase
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993
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4.6000 GBP
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|
10p
ordinary
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Purchase
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949
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4.6220 GBP
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|
10p
ordinary
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Purchase
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788
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4.5880 GBP
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|
10p
ordinary
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Purchase
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685
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4.6199 GBP
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10p
ordinary
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Purchase
|
178
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4.6120 GBP
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10p
ordinary
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Purchase
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52
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4.6047 GBP
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10p
ordinary
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Sale
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243,286
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4.6240 GBP
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10p
ordinary
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Sale
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199,319
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4.6218 GBP
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10p
ordinary
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Sale
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138,522
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4.6092 GBP
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10p
ordinary
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Sale
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95,633
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4.6191 GBP
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|
10p
ordinary
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Sale
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87,175
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4.6060 GBP
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|
10p
ordinary
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Sale
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54,574
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4.6230 GBP
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|
10p
ordinary
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Sale
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49,086
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4.6121 GBP
|
|
10p
ordinary
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Sale
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40,941
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4.6079 GBP
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|
10p
ordinary
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Sale
|
39,849
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4.6174 GBP
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|
10p
ordinary
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Sale
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32,702
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4.6244 GBP
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|
10p
ordinary
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Sale
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25,000
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4.6059 GBP
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|
10p
ordinary
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Sale
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19,508
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4.6242 GBP
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|
10p
ordinary
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Sale
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17,006
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4.6099 GBP
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|
10p
ordinary
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Sale
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12,275
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4.6183 GBP
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|
10p
ordinary
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Sale
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10,820
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4.6098 GBP
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|
10p
ordinary
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Sale
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10,716
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4.6155 GBP
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|
10p
ordinary
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Sale
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9,895
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4.6131 GBP
|
|
10p
ordinary
|
Sale
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7,461
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4.6193 GBP
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|
10p
ordinary
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Sale
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4,977
|
4.6100 GBP
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|
10p
ordinary
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Sale
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4,690
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4.6080 GBP
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|
10p
ordinary
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Sale
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4,554
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4.6190 GBP
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|
10p
ordinary
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Sale
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3,964
|
4.6081 GBP
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|
10p
ordinary
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Sale
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3,510
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4.6082 GBP
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|
10p
ordinary
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Sale
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3,500
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4.6020 GBP
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|
10p
ordinary
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Sale
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3,185
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4.6066 GBP
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|
10p
ordinary
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Sale
|
3,139
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4.6177 GBP
|
|
10p
ordinary
|
Sale
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2,952
|
4.6161 GBP
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|
10p
ordinary
|
Sale
|
2,920
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4.6204 GBP
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|
10p
ordinary
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Sale
|
2,771
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4.6038 GBP
|
|
10p
ordinary
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Sale
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2,679
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4.6078 GBP
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|
10p
ordinary
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Sale
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2,650
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4.6180 GBP
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|
10p
ordinary
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Sale
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2,278
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4.6055 GBP
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|
10p
ordinary
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Sale
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2,207
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4.6220 GBP
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|
10p
ordinary
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Sale
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1,557
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4.6071 GBP
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10p
ordinary
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Sale
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1,291
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4.6137 GBP
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|
10p
ordinary
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Sale
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1,027
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4.5940 GBP
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|
10p
ordinary
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Sale
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716
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4.5960 GBP
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10p
ordinary
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Sale
|
172
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4.6000 GBP
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10p
ordinary
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Sale
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104
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4.6120 GBP
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(b)
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Cash-settled derivative transactions
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Class of
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Product
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Nature of
dealing
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Number of
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Price per
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relevant
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description
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reference
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unit
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security
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securities
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10p
ordinary
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SWAP
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Decreasing Short
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2,278
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4.6055 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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86,497
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4.6060 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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3,185
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4.6066 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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32,558
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4.6087 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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138,522
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4.6092 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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23,983
|
4.6093 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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36,610
|
4.6113 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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38,040
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4.6121 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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25,540
|
4.6145 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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2,952
|
4.6161 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,554
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4.6190 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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7,461
|
4.6193 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
38,159
|
4.6216 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
54,574
|
4.6230 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
218,347
|
4.6240 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
821
|
4.6000 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,962
|
4.6060 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
366,599
|
4.6078 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
655
|
4.6079 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
41,780
|
4.6085 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,055
|
4.6100 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
9,121
|
4.6119 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,686
|
4.6138 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
7,541
|
4.6185 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
33,271
|
4.6186 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
23,925
|
4.6240 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
233
|
4.6239 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
932
|
4.6240 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
52
|
4.6048 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
658
|
4.6222 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
40,231
|
4.6239 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
233
|
4.6240 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
|
|
|
Class
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Product
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Writing,
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Number
|
Exercise
|
Type
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Expiry
|
Option
|
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
|
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
|
security
|
|
varying etc
|
to which
|
|
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|
received
|
|
|
|
|
option
|
|
|
|
per unit
|
|
|
|
|
relates
|
|
|
|
|
|
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|
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|
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(ii)
|
Exercising
|
|
|
|
|
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Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
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(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:
|
04 Oct 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
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