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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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17
Jan 2025
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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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33,570,009
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2.43%
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29,353,697
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2.13%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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12,782,120
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0.93%
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31,606,150
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2.29%
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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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46,352,129
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3.36%
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60,959,847
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4.42%
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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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1,283,072
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5.8450 GBP
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10p
ordinary
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Purchase
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362,597
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5.8974 GBP
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10p
ordinary
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Purchase
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239,904
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5.8950 GBP
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10p
ordinary
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Purchase
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171,011
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5.8948 GBP
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|
10p
ordinary
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Purchase
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74,370
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5.8976 GBP
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|
10p
ordinary
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Purchase
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64,492
|
5.8953 GBP
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|
10p
ordinary
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Purchase
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59,098
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5.8926 GBP
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10p
ordinary
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Purchase
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56,925
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5.8754 GBP
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|
10p
ordinary
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Purchase
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32,441
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5.9038 GBP
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|
10p
ordinary
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Purchase
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24,976
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5.8877 GBP
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|
10p
ordinary
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Purchase
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24,535
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5.9029 GBP
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10p
ordinary
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Purchase
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22,367
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5.9062 GBP
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|
10p
ordinary
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Purchase
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21,523
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5.8931 GBP
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|
10p
ordinary
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Purchase
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21,002
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5.8890 GBP
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10p
ordinary
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Purchase
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19,678
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5.9012 GBP
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|
10p
ordinary
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Purchase
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18,449
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5.8904 GBP
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|
10p
ordinary
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Purchase
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18,406
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5.8942 GBP
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10p
ordinary
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Purchase
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16,589
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5.8993 GBP
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10p
ordinary
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Purchase
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15,516
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5.9010 GBP
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10p
ordinary
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Purchase
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15,499
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5.9027 GBP
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10p
ordinary
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Purchase
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13,662
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5.8906 GBP
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10p
ordinary
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Purchase
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13,657
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5.9055 GBP
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10p
ordinary
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Purchase
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11,909
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5.8969 GBP
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10p
ordinary
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Purchase
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11,637
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5.9047 GBP
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|
10p
ordinary
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Purchase
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7,112
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5.9031 GBP
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|
10p
ordinary
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Purchase
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5,786
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5.8925 GBP
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10p
ordinary
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Purchase
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5,207
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5.8992 GBP
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10p
ordinary
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Purchase
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5,145
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5.9022 GBP
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10p
ordinary
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Purchase
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4,113
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5.8636 GBP
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10p
ordinary
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Purchase
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3,574
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5.8990 GBP
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|
10p
ordinary
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Purchase
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3,562
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5.8891 GBP
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10p
ordinary
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Purchase
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2,352
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5.9025 GBP
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10p
ordinary
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Purchase
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2,276
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5.9026 GBP
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10p
ordinary
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Purchase
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2,029
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5.8815 GBP
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10p
ordinary
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Purchase
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2,004
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5.8850 GBP
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10p
ordinary
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Purchase
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1,756
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5.8777 GBP
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10p
ordinary
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Purchase
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1,748
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5.9093 GBP
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10p
ordinary
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Purchase
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1,089
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5.9125 GBP
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10p
ordinary
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Purchase
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893
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5.8900 GBP
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10p
ordinary
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Purchase
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622
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5.8881 GBP
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10p
ordinary
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Purchase
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581
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5.9050 GBP
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|
10p
ordinary
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Purchase
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533
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5.9177 GBP
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10p
ordinary
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Purchase
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151
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5.9199 GBP
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10p
ordinary
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Purchase
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2
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5.9100 GBP
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10p
ordinary
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Sale
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599,646
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5.8950 GBP
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10p
ordinary
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Sale
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293,243
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5.8940 GBP
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10p
ordinary
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Sale
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104,523
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5.8987 GBP
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10p
ordinary
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Sale
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74,266
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5.9008 GBP
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10p
ordinary
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Sale
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34,515
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5.8956 GBP
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10p
ordinary
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Sale
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32,182
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5.9012 GBP
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|
10p
ordinary
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Sale
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26,360
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5.8989 GBP
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10p
ordinary
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Sale
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21,523
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5.8931 GBP
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|
10p
ordinary
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Sale
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17,601
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5.8948 GBP
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|
10p
ordinary
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Sale
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12,066
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5.9127 GBP
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|
10p
ordinary
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Sale
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11,930
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5.8983 GBP
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10p
ordinary
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Sale
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9,723
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5.8914 GBP
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|
10p
ordinary
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Sale
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9,570
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5.9116 GBP
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10p
ordinary
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Sale
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8,393
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5.9125 GBP
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10p
ordinary
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Sale
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8,379
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5.8633 GBP
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|
10p
ordinary
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Sale
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6,456
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5.9028 GBP
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|
10p
ordinary
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Sale
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3,779
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5.9128 GBP
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|
10p
ordinary
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Sale
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2,751
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5.8679 GBP
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|
10p
ordinary
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Sale
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2,442
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5.9102 GBP
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|
10p
ordinary
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Sale
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2,004
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5.8850 GBP
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|
10p
ordinary
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Sale
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1,757
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5.9050 GBP
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10p
ordinary
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Sale
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1,748
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5.9092 GBP
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10p
ordinary
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Sale
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1,633
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5.9099 GBP
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10p
ordinary
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Sale
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1,560
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5.8805 GBP
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10p
ordinary
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Sale
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1,128
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5.8949 GBP
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10p
ordinary
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Sale
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448
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5.9250 GBP
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10p
ordinary
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Sale
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151
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5.9200 GBP
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10p
ordinary
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Sale
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2
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5.9105 GBP
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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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Increasing Short
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12,442
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5.8902 GBP
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10p
ordinary
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SWAP
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Increasing Short
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129,546
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5.8979 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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8,379
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5.8633 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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2,751
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5.8679 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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1,560
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5.8805 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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69,815
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5.8947 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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241,013
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5.8950 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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104,523
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5.8987 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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25,000
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5.8989 USD
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|
10p
ordinary
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SWAP
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Decreasing Short
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74,266
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5.9008 GBP
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|
10p
ordinary
|
SWAP
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Decreasing Short
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25,640
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5.9047 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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24,576
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5.9055 GBP
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|
10p
ordinary
|
SWAP
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Increasing Short
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280,000
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5.7609 USD
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|
10p
ordinary
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SWAP
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Increasing Short
|
132
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5.8450 GBP
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|
10p
ordinary
|
SWAP
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Increasing Short
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4,113
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5.8636 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
56,925
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5.8754 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,029
|
5.8815 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
622
|
5.8880 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
13,662
|
5.8906 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
21,839
|
5.8924 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
65,085
|
5.8940 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
17,913
|
5.8950 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
459,066
|
5.9087 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
55,619
|
5.8950 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
29
|
5.9096 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
30,000
|
5.9098 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
21,523
|
5.8931 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
433
|
5.8950 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
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Type
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Expiry
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Option
|
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
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|
relevant
|
|
selling,
|
securities
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per unit
|
|
|
paid/
|
|
security
|
|
varying etc
|
to which
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received
|
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|
|
|
option
|
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per unit
|
|
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|
relates
|
|
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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)
|
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|
Class of
relevant
|
Nature of
Dealings
|
Details
|
Price per unit
(if
|
|
security
|
|
|
applicable)
|
|
|
|
|
|
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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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|
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(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:
|
20 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
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