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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
|
|
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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|
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(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
|
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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|
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(e)
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Date position held/dealing undertaken:
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29
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 COMPANY
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2.
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POSITIONS OF THE PERSON MAKING THE
DISCLOSURE
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(a)
|
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
|
|
|
Interests
|
Short
Positions
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|
Number
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(%)
|
Number
|
(%)
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|
(1)
Relevant securities owned and/or controlled:
|
32,696,827
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2.37%
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28,451,268
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2.06%
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|
(2)
Cash-settled derivatives:
|
11,119,325
|
0.81%
|
32,855,314
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2.38%
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|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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0
|
0.00%
|
0
|
0.00%
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|
TOTAL:
|
43,816,152
|
3.17%
|
61,306,582
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4.44%
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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
|
|
|
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
|
Number of
securities
|
Price per
unit
|
|
10p
ordinary
|
Purchase
|
213,043
|
4.7324 GBP
|
|
10p
ordinary
|
Purchase
|
211,035
|
4.6183 GBP
|
|
10p
ordinary
|
Purchase
|
189,516
|
4.7311 GBP
|
|
10p
ordinary
|
Purchase
|
159,228
|
4.7364 GBP
|
|
10p
ordinary
|
Purchase
|
72,328
|
4.7573 GBP
|
|
10p
ordinary
|
Purchase
|
45,703
|
4.7297 GBP
|
|
10p
ordinary
|
Purchase
|
36,652
|
4.7313 GBP
|
|
10p
ordinary
|
Purchase
|
28,885
|
4.7400 GBP
|
|
10p
ordinary
|
Purchase
|
28,232
|
4.7360 GBP
|
|
10p
ordinary
|
Purchase
|
25,995
|
4.7419 GBP
|
|
10p
ordinary
|
Purchase
|
23,347
|
4.7300 GBP
|
|
10p
ordinary
|
Purchase
|
18,600
|
4.7375 GBP
|
|
10p
ordinary
|
Purchase
|
13,393
|
4.7333 GBP
|
|
10p
ordinary
|
Purchase
|
11,554
|
4.7445 GBP
|
|
10p
ordinary
|
Purchase
|
10,440
|
4.7405 GBP
|
|
10p
ordinary
|
Purchase
|
10,410
|
4.7440 GBP
|
|
10p
ordinary
|
Purchase
|
6,012
|
4.7414 GBP
|
|
10p
ordinary
|
Purchase
|
4,092
|
4.7435 GBP
|
|
10p
ordinary
|
Purchase
|
3,930
|
4.7379 GBP
|
|
10p
ordinary
|
Purchase
|
3,531
|
4.7432 GBP
|
|
10p
ordinary
|
Purchase
|
2,698
|
4.7437 GBP
|
|
10p
ordinary
|
Purchase
|
2,509
|
4.7295 GBP
|
|
10p
ordinary
|
Purchase
|
2,448
|
4.7280 GBP
|
|
10p
ordinary
|
Purchase
|
2,382
|
4.7339 GBP
|
|
10p
ordinary
|
Purchase
|
2,244
|
4.7380 GBP
|
|
10p
ordinary
|
Purchase
|
2,184
|
4.7418 GBP
|
|
10p
ordinary
|
Purchase
|
2,011
|
4.7374 GBP
|
|
10p
ordinary
|
Purchase
|
1,935
|
4.7408 GBP
|
|
10p
ordinary
|
Purchase
|
1,910
|
4.7328 GBP
|
|
10p
ordinary
|
Purchase
|
1,873
|
4.7312 GBP
|
|
10p
ordinary
|
Purchase
|
1,535
|
4.7220 GBP
|
|
10p
ordinary
|
Purchase
|
1,493
|
4.7980 GBP
|
|
10p
ordinary
|
Purchase
|
1,409
|
4.7240 GBP
|
|
10p
ordinary
|
Purchase
|
1,296
|
4.7451 GBP
|
|
10p
ordinary
|
Purchase
|
1,250
|
4.7460 GBP
|
|
10p
ordinary
|
Purchase
|
1,118
|
4.7335 GBP
|
|
10p
ordinary
|
Purchase
|
1,112
|
4.7668 GBP
|
|
10p
ordinary
|
Purchase
|
954
|
4.7272 GBP
|
|
10p
ordinary
|
Purchase
|
950
|
4.7880 GBP
|
|
10p
ordinary
|
Purchase
|
922
|
4.7490 GBP
|
|
10p
ordinary
|
Purchase
|
684
|
4.7340 GBP
|
|
10p
ordinary
|
Purchase
|
672
|
4.7480 GBP
|
|
10p
ordinary
|
Purchase
|
624
|
4.7500 GBP
|
|
10p
ordinary
|
Purchase
|
449
|
4.7390 GBP
|
|
10p
ordinary
|
Purchase
|
349
|
4.7600 GBP
|
|
10p
ordinary
|
Purchase
|
340
|
4.7459 GBP
|
|
10p
ordinary
|
Purchase
|
189
|
4.7160 GBP
|
|
10p
ordinary
|
Purchase
|
167
|
4.7420 GBP
|
|
10p
ordinary
|
Purchase
|
7
|
4.7427 GBP
|
|
10p
ordinary
|
Sale
|
326,950
|
4.7321 GBP
|
|
10p
ordinary
|
Sale
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197,805
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4.7384 GBP
|
|
10p
ordinary
|
Sale
|
63,340
|
4.7382 GBP
|
|
10p
ordinary
|
Sale
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48,707
|
4.7341 GBP
|
|
10p
ordinary
|
Sale
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44,329
|
4.7377 GBP
|
|
10p
ordinary
|
Sale
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34,611
|
4.7300 GBP
|
|
10p
ordinary
|
Sale
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29,061
|
4.7366 GBP
|
|
10p
ordinary
|
Sale
|
24,811
|
4.7303 GBP
|
|
10p
ordinary
|
Sale
|
14,767
|
4.7369 GBP
|
|
10p
ordinary
|
Sale
|
12,232
|
4.7392 GBP
|
|
10p
ordinary
|
Sale
|
12,160
|
4.7308 GBP
|
|
10p
ordinary
|
Sale
|
11,579
|
4.7282 GBP
|
|
10p
ordinary
|
Sale
|
11,298
|
4.7305 GBP
|
|
10p
ordinary
|
Sale
|
10,278
|
4.7311 GBP
|
|
10p
ordinary
|
Sale
|
10,226
|
4.7351 GBP
|
|
10p
ordinary
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Sale
|
9,428
|
4.7335 GBP
|
|
10p
ordinary
|
Sale
|
8,918
|
4.7330 GBP
|
|
10p
ordinary
|
Sale
|
8,792
|
4.7381 GBP
|
|
10p
ordinary
|
Sale
|
6,820
|
4.7313 GBP
|
|
10p
ordinary
|
Sale
|
6,271
|
4.7266 GBP
|
|
10p
ordinary
|
Sale
|
5,799
|
4.7434 GBP
|
|
10p
ordinary
|
Sale
|
3,673
|
4.7215 GBP
|
|
10p
ordinary
|
Sale
|
2,445
|
4.7325 GBP
|
|
10p
ordinary
|
Sale
|
2,297
|
4.7360 GBP
|
|
10p
ordinary
|
Sale
|
2,190
|
4.7519 GBP
|
|
10p
ordinary
|
Sale
|
2,082
|
4.7296 GBP
|
|
10p
ordinary
|
Sale
|
1,835
|
4.7280 GBP
|
|
10p
ordinary
|
Sale
|
1,493
|
4.7980 GBP
|
|
10p
ordinary
|
Sale
|
1,409
|
4.7240 GBP
|
|
10p
ordinary
|
Sale
|
1,261
|
4.7370 GBP
|
|
10p
ordinary
|
Sale
|
1,250
|
4.7298 GBP
|
|
10p
ordinary
|
Sale
|
1,056
|
4.7390 GBP
|
|
10p
ordinary
|
Sale
|
837
|
4.7380 GBP
|
|
10p
ordinary
|
Sale
|
719
|
4.7220 GBP
|
|
10p
ordinary
|
Sale
|
684
|
4.7340 GBP
|
|
10p
ordinary
|
Sale
|
672
|
4.7480 GBP
|
|
10p
ordinary
|
Sale
|
624
|
4.7500 GBP
|
|
10p
ordinary
|
Sale
|
591
|
4.7460 GBP
|
|
10p
ordinary
|
Sale
|
189
|
4.7164 GBP
|
|
10p
ordinary
|
Sale
|
167
|
4.7420 GBP
|
|
10p
ordinary
|
Sale
|
106
|
4.7440 GBP
|
|
(b)
|
Cash-settled derivative transactions
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|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,206
|
4.7300 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
384
|
4.7520 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
18
|
4.7522 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,493
|
4.7979 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
5,755
|
4.7300 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
15,799
|
4.7407 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
7
|
4.7428 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
384
|
4.7520 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
18
|
4.7522 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,673
|
4.7214 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,419
|
4.7300 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,210
|
4.7400 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
41,697
|
4.7381 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
11,579
|
4.7282 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
9,529
|
4.7300 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
64,877
|
4.7338 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
325
|
4.7360 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,799
|
4.7434 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
624
|
4.7500 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
65,037
|
4.7301 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
42,839
|
4.7307 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
22,225
|
4.7388 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,092
|
4.7435 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
72,328
|
4.7573 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
349
|
4.7600 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,250
|
4.7298 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
11,554
|
4.7445 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,164
|
4.7296 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,082
|
4.7296 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
140,517
|
4.7337 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
41,454
|
4.7300 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
25,995
|
4.7419 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
14,223
|
4.7421 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
41,967
|
4.7880 GBP
|
|
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions
(including options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
Class
of
relevant
security
|
Product
description
|
Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
|
Expiry
date
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
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 person 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:
|
30 Aug 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|