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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02
Jul 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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31,211,442
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2.26%
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22,276,818
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1.61%
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(2)
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Cash-settled derivatives:
|
|
|
|
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and/or controlled:
|
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8,824,500
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0.64%
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30,518,169
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2.21%
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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%
|
0
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0.00%
|
|
|
|
|
|
|
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TOTAL:
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|
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40,035,942
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2.90%
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52,794,987
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3.83%
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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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Class of
relevant
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Purchase/sale
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Number of
|
Price per
unit
|
security
|
|
securities
|
|
10p
ordinary
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Purchase
|
387,045
|
4.2152 GBP
|
10p
ordinary
|
Purchase
|
374,000
|
4.1939 GBP
|
10p
ordinary
|
Purchase
|
299,478
|
4.2094 GBP
|
10p
ordinary
|
Purchase
|
250,000
|
4.1921 GBP
|
10p
ordinary
|
Purchase
|
250,000
|
4.1909 GBP
|
10p
ordinary
|
Purchase
|
220,117
|
4.2051 GBP
|
10p
ordinary
|
Purchase
|
200,000
|
4.1813 GBP
|
10p
ordinary
|
Purchase
|
165,798
|
4.2050 GBP
|
10p
ordinary
|
Purchase
|
159,971
|
4.2197 GBP
|
10p
ordinary
|
Purchase
|
100,419
|
4.2192 GBP
|
10p
ordinary
|
Purchase
|
88,091
|
4.2200 GBP
|
10p
ordinary
|
Purchase
|
41,116
|
4.1978 GBP
|
10p
ordinary
|
Purchase
|
31,096
|
4.2179 GBP
|
10p
ordinary
|
Purchase
|
28,286
|
4.2022 GBP
|
10p
ordinary
|
Purchase
|
26,416
|
4.2124 GBP
|
10p
ordinary
|
Purchase
|
25,255
|
4.1936 GBP
|
10p
ordinary
|
Purchase
|
22,890
|
4.1959 GBP
|
10p
ordinary
|
Purchase
|
19,096
|
4.1924 GBP
|
10p
ordinary
|
Purchase
|
15,379
|
4.1916 GBP
|
10p
ordinary
|
Purchase
|
4,898
|
4.2080 GBP
|
10p
ordinary
|
Purchase
|
4,302
|
4.2010 GBP
|
10p
ordinary
|
Purchase
|
4,184
|
4.1862 GBP
|
10p
ordinary
|
Purchase
|
3,988
|
4.2008 GBP
|
10p
ordinary
|
Purchase
|
3,050
|
4.1920 GBP
|
10p
ordinary
|
Purchase
|
2,917
|
4.2037 GBP
|
10p
ordinary
|
Purchase
|
2,741
|
4.2058 GBP
|
10p
ordinary
|
Purchase
|
2,631
|
4.2191 GBP
|
10p
ordinary
|
Purchase
|
2,330
|
4.1952 GBP
|
10p
ordinary
|
Purchase
|
2,260
|
4.1851 GBP
|
10p
ordinary
|
Purchase
|
1,712
|
4.2155 GBP
|
10p
ordinary
|
Purchase
|
1,394
|
4.1980 GBP
|
10p
ordinary
|
Purchase
|
1,003
|
4.2020 GBP
|
10p
ordinary
|
Purchase
|
677
|
4.1900 GBP
|
10p
ordinary
|
Sale
|
176,757
|
4.1958 GBP
|
10p
ordinary
|
Sale
|
159,971
|
4.2197 GBP
|
10p
ordinary
|
Sale
|
150,666
|
4.2023 GBP
|
10p
ordinary
|
Sale
|
119,250
|
4.2138 GBP
|
10p
ordinary
|
Sale
|
97,472
|
4.2118 GBP
|
10p
ordinary
|
Sale
|
81,835
|
4.2002 GBP
|
10p
ordinary
|
Sale
|
79,931
|
4.1998 GBP
|
10p
ordinary
|
Sale
|
77,928
|
4.2200 GBP
|
10p
ordinary
|
Sale
|
58,802
|
4.1820 GBP
|
10p
ordinary
|
Sale
|
54,356
|
4.1920 GBP
|
10p
ordinary
|
Sale
|
45,623
|
4.1962 GBP
|
10p
ordinary
|
Sale
|
25,820
|
4.1831 GBP
|
10p
ordinary
|
Sale
|
23,113
|
4.1802 GBP
|
10p
ordinary
|
Sale
|
21,338
|
4.1839 GBP
|
10p
ordinary
|
Sale
|
10,880
|
4.1815 GBP
|
10p
ordinary
|
Sale
|
6,966
|
4.2017 GBP
|
10p
ordinary
|
Sale
|
6,781
|
4.2000 GBP
|
10p
ordinary
|
Sale
|
6,029
|
4.2043 GBP
|
10p
ordinary
|
Sale
|
5,277
|
4.1812 GBP
|
10p
ordinary
|
Sale
|
4,747
|
4.1826 GBP
|
10p
ordinary
|
Sale
|
4,305
|
4.1911 GBP
|
10p
ordinary
|
Sale
|
2,887
|
4.1985 GBP
|
10p
ordinary
|
Sale
|
2,365
|
4.1878 GBP
|
10p
ordinary
|
Sale
|
2,325
|
4.1909 GBP
|
10p
ordinary
|
Sale
|
1,712
|
4.2160 GBP
|
10p
ordinary
|
Sale
|
1,682
|
4.1800 GBP
|
10p
ordinary
|
Sale
|
1,414
|
4.1907 GBP
|
10p
ordinary
|
Sale
|
1,123
|
4.1940 GBP
|
10p
ordinary
|
Sale
|
1,003
|
4.2020 GBP
|
10p
ordinary
|
Sale
|
945
|
4.1850 GBP
|
|
|
|
|
|
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(b)
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Cash-settled derivative transactions
|
|
Class of
|
Product
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Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
4,854
|
4.2073 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
11,256
|
4.2200 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
19,824
|
4.1971 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
159,971
|
4.2197 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
61,587
|
4.2200 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
4,304
|
4.2062 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
12
|
4.1941 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,305
|
4.1911 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,123
|
4.1940 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
176,757
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4.1958 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
392
|
4.2000 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
57,897
|
4.2009 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
6,966
|
4.2017 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
54,089
|
4.2195 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
75,000
|
4.1909 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,605
|
4.1920 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
75,000
|
4.1921 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,330
|
4.1952 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
98,398
|
4.1953 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
151,000
|
4.1972 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
444
|
4.1980 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,988
|
4.2008 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
299,478
|
4.2094 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
17,543
|
4.2139 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
79,427
|
4.2200 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
45,623
|
4.1962 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
27,453
|
4.2165 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
3,643
|
4.2283 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
55,886
|
4.1993 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
150,666
|
4.2023 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
175,000
|
4.1909 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
175,000
|
4.1921 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
383,000
|
4.1972 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
272,087
|
4.2036 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,917
|
4.2038 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
26,262
|
4.2200 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
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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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|
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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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(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:
|
|
|
|
|
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NONE
|
(c)
|
Attachments
|
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|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
03 Jul 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
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