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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|
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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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|
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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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05
Jun 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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|
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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
|
|
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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31,972,314
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2.32%
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24,883,332
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1.80%
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(2)
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Cash-settled derivatives:
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|
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and/or controlled:
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7,979,453
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0.58%
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30,737,048
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2.23%
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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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|
|
|
|
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TOTAL:
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39,951,767
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2.90%
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55,620,380
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4.03%
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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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|
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|
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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
|
security
|
|
securities
|
|
10p
ordinary
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Purchase
|
417,177
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3.7657 GBP
|
10p
ordinary
|
Purchase
|
398,391
|
3.7720 GBP
|
10p
ordinary
|
Purchase
|
243,454
|
3.7302 GBP
|
10p
ordinary
|
Purchase
|
226,286
|
3.7693 GBP
|
10p
ordinary
|
Purchase
|
192,892
|
3.7663 GBP
|
10p
ordinary
|
Purchase
|
162,852
|
3.7469 GBP
|
10p
ordinary
|
Purchase
|
92,408
|
3.7357 GBP
|
10p
ordinary
|
Purchase
|
85,308
|
3.7695 GBP
|
10p
ordinary
|
Purchase
|
59,714
|
3.7486 GBP
|
10p
ordinary
|
Purchase
|
57,698
|
3.7440 GBP
|
10p
ordinary
|
Purchase
|
44,487
|
3.7457 GBP
|
10p
ordinary
|
Purchase
|
26,545
|
3.7401 GBP
|
10p
ordinary
|
Purchase
|
23,220
|
3.7483 GBP
|
10p
ordinary
|
Purchase
|
21,290
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3.7619 GBP
|
10p
ordinary
|
Purchase
|
16,889
|
3.7297 GBP
|
10p
ordinary
|
Purchase
|
16,059
|
3.7475 GBP
|
10p
ordinary
|
Purchase
|
13,688
|
3.7514 GBP
|
10p
ordinary
|
Purchase
|
12,819
|
3.7519 GBP
|
10p
ordinary
|
Purchase
|
12,644
|
3.7535 GBP
|
10p
ordinary
|
Purchase
|
11,944
|
3.7323 GBP
|
10p
ordinary
|
Purchase
|
6,928
|
3.7500 GBP
|
10p
ordinary
|
Purchase
|
6,123
|
3.7390 GBP
|
10p
ordinary
|
Purchase
|
5,565
|
3.7278 GBP
|
10p
ordinary
|
Purchase
|
5,527
|
3.7458 GBP
|
10p
ordinary
|
Purchase
|
5,388
|
3.7491 GBP
|
10p
ordinary
|
Purchase
|
4,768
|
3.7513 GBP
|
10p
ordinary
|
Purchase
|
4,759
|
3.7305 GBP
|
10p
ordinary
|
Purchase
|
4,454
|
3.7332 GBP
|
10p
ordinary
|
Purchase
|
4,282
|
3.7471 GBP
|
10p
ordinary
|
Purchase
|
4,245
|
3.7446 GBP
|
10p
ordinary
|
Purchase
|
3,664
|
3.7160 GBP
|
10p
ordinary
|
Purchase
|
2,820
|
3.7490 GBP
|
10p
ordinary
|
Purchase
|
2,618
|
3.7540 GBP
|
10p
ordinary
|
Purchase
|
2,593
|
3.7260 GBP
|
10p
ordinary
|
Purchase
|
2,388
|
3.7360 GBP
|
10p
ordinary
|
Purchase
|
1,935
|
3.7420 GBP
|
10p
ordinary
|
Purchase
|
1,760
|
3.7436 GBP
|
10p
ordinary
|
Purchase
|
1,608
|
3.7476 GBP
|
10p
ordinary
|
Purchase
|
1,513
|
3.7344 GBP
|
10p
ordinary
|
Purchase
|
1,413
|
3.7435 GBP
|
10p
ordinary
|
Purchase
|
1,092
|
3.7620 GBP
|
10p
ordinary
|
Purchase
|
902
|
3.7480 GBP
|
10p
ordinary
|
Purchase
|
540
|
3.7700 GBP
|
10p
ordinary
|
Purchase
|
473
|
3.7320 GBP
|
10p
ordinary
|
Purchase
|
40
|
3.7400 GBP
|
10p
ordinary
|
Purchase
|
9
|
3.7709 GBP
|
10p
ordinary
|
Sale
|
1,041,600
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3.7707 GBP
|
10p
ordinary
|
Sale
|
132,926
|
3.7656 GBP
|
10p
ordinary
|
Sale
|
111,108
|
3.7720 GBP
|
10p
ordinary
|
Sale
|
78,050
|
3.7721 GBP
|
10p
ordinary
|
Sale
|
69,773
|
3.7492 GBP
|
10p
ordinary
|
Sale
|
49,225
|
3.7408 GBP
|
10p
ordinary
|
Sale
|
17,080
|
3.7484 GBP
|
10p
ordinary
|
Sale
|
14,000
|
3.7306 GBP
|
10p
ordinary
|
Sale
|
5,479
|
3.7500 GBP
|
10p
ordinary
|
Sale
|
4,610
|
3.7301 GBP
|
10p
ordinary
|
Sale
|
4,474
|
3.7300 GBP
|
10p
ordinary
|
Sale
|
3,483
|
3.7263 GBP
|
10p
ordinary
|
Sale
|
3,406
|
3.7320 GBP
|
10p
ordinary
|
Sale
|
3,371
|
3.7423 GBP
|
10p
ordinary
|
Sale
|
3,116
|
3.7660 GBP
|
10p
ordinary
|
Sale
|
2,502
|
3.7268 GBP
|
10p
ordinary
|
Sale
|
1,092
|
3.7620 GBP
|
10p
ordinary
|
Sale
|
999
|
3.7360 GBP
|
10p
ordinary
|
Sale
|
824
|
3.7280 GBP
|
10p
ordinary
|
Sale
|
729
|
3.7480 GBP
|
10p
ordinary
|
Sale
|
540
|
3.7700 GBP
|
10p
ordinary
|
Sale
|
34
|
3.7709 GBP
|
|
|
|
|
|
|
|
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(b)
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Cash-settled derivative transactions
|
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Class of
|
Product
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Nature of
dealing
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Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
40
|
3.7400 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
600
|
3.7505 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
16,889
|
3.7297 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,365
|
3.7340 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,116
|
3.7660 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,437
|
3.7240 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,474
|
3.7300 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
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4,610
|
3.7301 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
34,267
|
3.7716 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
|
69,773
|
3.7492 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
110,700
|
3.7720 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
|
200,693
|
3.7715 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
|
374,778
|
3.7720 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
49,225
|
3.7408 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
132,926
|
3.7656 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
9
|
3.7260 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
540
|
3.7700 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
592
|
3.7500 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,365
|
3.7340 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,698
|
3.7160 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
2,947
|
3.7527 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,454
|
3.7332 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,123
|
3.7391 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
13,160
|
3.7285 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
30,698
|
3.7394 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
59,714
|
3.7486 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
156,175
|
3.7716 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
161,293
|
3.7470 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
425
|
3.7480 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
750,000
|
6.1544 USD
|
|
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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
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Product
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Writing,
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Number
|
Exercise
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Type
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Expiry
|
Option
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
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money
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
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paid/
|
security
|
|
varying etc
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to which
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received
|
|
|
|
option
|
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per unit
|
|
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|
relates
|
|
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(ii)
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Exercising
|
|
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|
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Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
security
|
|
|
securities
|
unit
|
|
|
|
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|
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(d)
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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:
|
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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
|
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|
|
(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
|
|
|
any
derivative is referenced:
|
|
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|
|
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NONE
|
(c)
|
Attachments
|
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|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
06 Jun 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
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