|
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:
|
16
Dec 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:
|
|
|
33,815,611
|
2.45%
|
16,357,583
|
1.18%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
12,534,205
|
0.91%
|
32,705,464
|
2.37%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
46,349,816
|
3.36%
|
49,063,047
|
3.55%
|
|
(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 EXEMPT PRINCIPAL
TRADER
|
|
(a)
|
Purchases and sales
|
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
|
security
|
|
securities
|
|
|
10p
ordinary
|
Purchase
|
4,090,281
|
5.5750 GBP
|
|
10p
ordinary
|
Purchase
|
227,957
|
5.4722 GBP
|
|
10p
ordinary
|
Purchase
|
83,504
|
5.4850 GBP
|
|
10p
ordinary
|
Purchase
|
81,673
|
5.4700 GBP
|
|
10p
ordinary
|
Purchase
|
24,887
|
5.4711 GBP
|
|
10p
ordinary
|
Purchase
|
15,662
|
5.5081 GBP
|
|
10p
ordinary
|
Purchase
|
14,632
|
5.5239 GBP
|
|
10p
ordinary
|
Purchase
|
13,622
|
5.5049 GBP
|
|
10p
ordinary
|
Purchase
|
11,762
|
5.5147 GBP
|
|
10p
ordinary
|
Purchase
|
10,263
|
5.5080 GBP
|
|
10p
ordinary
|
Purchase
|
7,832
|
5.5177 GBP
|
|
10p
ordinary
|
Purchase
|
6,012
|
5.5178 GBP
|
|
10p
ordinary
|
Purchase
|
4,505
|
5.5122 GBP
|
|
10p
ordinary
|
Purchase
|
4,398
|
5.5079 GBP
|
|
10p
ordinary
|
Purchase
|
3,862
|
5.5121 GBP
|
|
10p
ordinary
|
Purchase
|
3,218
|
5.5215 GBP
|
|
10p
ordinary
|
Purchase
|
2,472
|
5.5068 GBP
|
|
10p
ordinary
|
Purchase
|
2,262
|
5.5241 GBP
|
|
10p
ordinary
|
Purchase
|
2,118
|
5.5135 GBP
|
|
10p
ordinary
|
Purchase
|
2,070
|
5.5021 GBP
|
|
10p
ordinary
|
Purchase
|
1,954
|
5.5327 GBP
|
|
10p
ordinary
|
Purchase
|
1,811
|
5.5164 GBP
|
|
10p
ordinary
|
Purchase
|
1,541
|
5.4900 GBP
|
|
10p
ordinary
|
Purchase
|
1,097
|
5.5152 GBP
|
|
10p
ordinary
|
Purchase
|
984
|
5.5050 GBP
|
|
10p
ordinary
|
Purchase
|
952
|
5.4952 GBP
|
|
10p
ordinary
|
Purchase
|
949
|
5.5260 GBP
|
|
10p
ordinary
|
Purchase
|
846
|
5.5025 GBP
|
|
10p
ordinary
|
Purchase
|
691
|
5.5219 GBP
|
|
10p
ordinary
|
Purchase
|
561
|
5.5096 GBP
|
|
10p
ordinary
|
Sale
|
185,807
|
5.4700 GBP
|
|
10p
ordinary
|
Sale
|
139,174
|
5.4967 GBP
|
|
10p
ordinary
|
Sale
|
129,899
|
5.4689 GBP
|
|
10p
ordinary
|
Sale
|
76,311
|
5.5000 GBP
|
|
10p
ordinary
|
Sale
|
56,869
|
5.4943 GBP
|
|
10p
ordinary
|
Sale
|
46,148
|
5.5083 GBP
|
|
10p
ordinary
|
Sale
|
29,640
|
5.5099 GBP
|
|
10p
ordinary
|
Sale
|
27,208
|
5.5086 GBP
|
|
10p
ordinary
|
Sale
|
12,700
|
5.4861 GBP
|
|
10p
ordinary
|
Sale
|
4,975
|
5.5136 GBP
|
|
10p
ordinary
|
Sale
|
4,505
|
5.5122 GBP
|
|
10p
ordinary
|
Sale
|
2,795
|
5.4900 GBP
|
|
10p
ordinary
|
Sale
|
2,587
|
5.5207 GBP
|
|
10p
ordinary
|
Sale
|
2,417
|
5.5065 GBP
|
|
10p
ordinary
|
Sale
|
2,079
|
5.5002 GBP
|
|
10p
ordinary
|
Sale
|
1,450
|
5.4975 GBP
|
|
10p
ordinary
|
Sale
|
1,054
|
5.5329 GBP
|
|
10p
ordinary
|
Sale
|
846
|
5.4950 GBP
|
|
10p
ordinary
|
Sale
|
91
|
5.5050 GBP
|
|
10p
ordinary
|
Sale
|
2
|
5.5750 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
|
Increasing Short
|
62,956
|
5.5147 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
129,899
|
5.4689 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
232
|
5.4700 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
30,256
|
5.4753 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
12,700
|
5.4861 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
56,869
|
5.4942 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
139,174
|
5.4967 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
22,134
|
5.5052 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,417
|
5.5065 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
46,148
|
5.5083 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
27,208
|
5.5086 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
10,993
|
5.5107 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,975
|
5.5136 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
86
|
5.5750 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
134,322
|
5.4700 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,706
|
5.4761 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,882
|
5.4764 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
145,000
|
5.4787 USD
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
371
|
5.4900 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
952
|
5.4952 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,472
|
5.5068 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
14,661
|
5.5079 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,862
|
5.5121 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,002
|
5.4700 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:
|
17 Dec 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|