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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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01
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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33,888,661
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2.45%
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30,759,773
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2.23%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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11,208,085
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0.81%
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32,453,313
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2.35%
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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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45,096,746
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3.27%
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63,213,086
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4.58%
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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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268,851
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4.6500 GBP
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|
10p
ordinary
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Purchase
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129,684
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4.6453 GBP
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10p
ordinary
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Purchase
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73,924
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4.6300 GBP
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|
10p
ordinary
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Purchase
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49,901
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4.6117 GBP
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|
10p
ordinary
|
Purchase
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33,623
|
4.6357 GBP
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|
10p
ordinary
|
Purchase
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32,984
|
4.6456 GBP
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|
10p
ordinary
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Purchase
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6,776
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4.6133 GBP
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|
10p
ordinary
|
Purchase
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6,414
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4.6088 GBP
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|
10p
ordinary
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Purchase
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6,241
|
4.6205 GBP
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|
10p
ordinary
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Purchase
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6,170
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4.6087 GBP
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|
10p
ordinary
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Purchase
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5,363
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4.6161 GBP
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|
10p
ordinary
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Purchase
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2,982
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4.5961 GBP
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|
10p
ordinary
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Purchase
|
2,921
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4.6169 GBP
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|
10p
ordinary
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Purchase
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2,500
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4.6079 GBP
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10p
ordinary
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Purchase
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2,202
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4.6259 GBP
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|
10p
ordinary
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Purchase
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1,965
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4.6030 GBP
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10p
ordinary
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Purchase
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1,855
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4.6020 GBP
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|
10p
ordinary
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Purchase
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1,484
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4.6000 GBP
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10p
ordinary
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Purchase
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1,447
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4.6152 GBP
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10p
ordinary
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Purchase
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1,354
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4.6215 GBP
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10p
ordinary
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Purchase
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1,080
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4.5904 GBP
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|
10p
ordinary
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Purchase
|
662
|
4.6230 GBP
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|
10p
ordinary
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Purchase
|
621
|
4.6031 GBP
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|
10p
ordinary
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Purchase
|
561
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4.5990 GBP
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|
10p
ordinary
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Purchase
|
494
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4.6040 GBP
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|
10p
ordinary
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Purchase
|
418
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4.6090 GBP
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|
10p
ordinary
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Purchase
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359
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4.6080 GBP
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|
10p
ordinary
|
Purchase
|
290
|
4.5912 GBP
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|
10p
ordinary
|
Purchase
|
81
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4.5720 GBP
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|
10p
ordinary
|
Purchase
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51
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4.6147 GBP
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|
10p
ordinary
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Purchase
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13
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4.6210 GBP
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10p
ordinary
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Purchase
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2
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4.6450 GBP
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10p
ordinary
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Purchase
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2
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4.6520 GBP
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10p
ordinary
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Purchase
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1
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4.6518 GBP
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10p
ordinary
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Sale
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85,344
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4.6357 GBP
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10p
ordinary
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Sale
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63,689
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4.6436 GBP
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10p
ordinary
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Sale
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53,794
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4.6418 GBP
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10p
ordinary
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Sale
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30,380
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4.6502 GBP
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|
10p
ordinary
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Sale
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30,260
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4.6434 GBP
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|
10p
ordinary
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Sale
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23,897
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4.6421 GBP
|
|
10p
ordinary
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Sale
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22,513
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4.6490 GBP
|
|
10p
ordinary
|
Sale
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20,357
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4.6402 GBP
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|
10p
ordinary
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Sale
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18,525
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4.6100 GBP
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|
10p
ordinary
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Sale
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17,342
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4.6500 GBP
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|
10p
ordinary
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Sale
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13,848
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4.6419 GBP
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|
10p
ordinary
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Sale
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13,635
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4.6417 GBP
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|
10p
ordinary
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Sale
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11,182
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4.6284 GBP
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|
10p
ordinary
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Sale
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10,540
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4.6266 GBP
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|
10p
ordinary
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Sale
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9,053
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4.5952 GBP
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|
10p
ordinary
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Sale
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5,363
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4.6166 GBP
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|
10p
ordinary
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Sale
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4,190
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4.6194 GBP
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|
10p
ordinary
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Sale
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3,153
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4.6064 GBP
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|
10p
ordinary
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Sale
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3,062
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4.6297 GBP
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|
10p
ordinary
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Sale
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2,921
|
4.6174 GBP
|
|
10p
ordinary
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Sale
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2,795
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4.6462 GBP
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|
10p
ordinary
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Sale
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2,236
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4.6128 GBP
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|
10p
ordinary
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Sale
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1,855
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4.6020 GBP
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|
10p
ordinary
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Sale
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1,652
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4.6265 GBP
|
|
10p
ordinary
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Sale
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1,475
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4.6139 GBP
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|
10p
ordinary
|
Sale
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1,447
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4.6156 GBP
|
|
10p
ordinary
|
Sale
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1,354
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4.6219 GBP
|
|
10p
ordinary
|
Sale
|
702
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4.6048 GBP
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|
10p
ordinary
|
Sale
|
662
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4.6230 GBP
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|
10p
ordinary
|
Sale
|
662
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4.6234 GBP
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10p
ordinary
|
Sale
|
507
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4.6280 GBP
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|
10p
ordinary
|
Sale
|
237
|
4.6360 GBP
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|
10p
ordinary
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Sale
|
157
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4.6125 GBP
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10p
ordinary
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Sale
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2
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4.6520 GBP
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|
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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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3,153
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4.6064 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,236
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4.6128 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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1,475
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4.6139 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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20,994
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4.6322 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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85,344
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4.6357 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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20,357
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4.6402 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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21,898
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4.6409 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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15,244
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4.6413 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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23,897
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4.6421 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
|
206
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4.6433 GBP
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|
10p
ordinary
|
SWAP
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Decreasing Short
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30,260
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4.6434 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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13,299
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4.6458 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
20,070
|
4.6475 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
22,513
|
4.6490 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
10,247
|
4.6500 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
242
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4.6020 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
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1,965
|
4.6030 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
621
|
4.6031 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
759
|
4.6057 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,414
|
4.6088 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
49,901
|
4.6117 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,024
|
4.6159 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,241
|
4.6204 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
33
|
4.6254 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,202
|
4.6259 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
17,165
|
4.6356 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
33,623
|
4.6357 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
113,269
|
4.6467 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
253,719
|
4.6500 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
2,021
|
4.6188 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
799
|
4.6400 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
13,485
|
4.6500 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,855
|
4.6020 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,917
|
4.6035 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
51
|
4.6147 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
799
|
4.6400 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
5
|
4.6500 GBP
|
|
|
|
|
|
|
|
|
|
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(c)
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Stock-settled derivative transactions (including
options)
|
|
|
(i)
|
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:
|
02 Oct 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
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