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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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20
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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33,508,671
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2.43%
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29,895,095
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2.17%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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12,818,526
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0.93%
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31,612,286
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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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46,327,197
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3.36%
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61,507,381
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4.46%
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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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173,677
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5.8850 GBP
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10p
ordinary
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Purchase
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172,415
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5.9016 GBP
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10p
ordinary
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Purchase
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44,505
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5.9007 GBP
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10p
ordinary
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Purchase
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44,056
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5.8831 GBP
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10p
ordinary
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Purchase
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11,989
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5.8801 GBP
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10p
ordinary
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Purchase
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8,246
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5.8973 GBP
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10p
ordinary
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Purchase
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6,104
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5.9050 GBP
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10p
ordinary
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Purchase
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5,523
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5.9059 GBP
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10p
ordinary
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Purchase
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4,597
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5.8815 GBP
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10p
ordinary
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Purchase
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4,359
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5.8768 GBP
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10p
ordinary
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Purchase
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4,181
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5.8907 GBP
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10p
ordinary
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Purchase
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3,772
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5.8713 GBP
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10p
ordinary
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Purchase
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2,795
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5.9000 GBP
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10p
ordinary
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Purchase
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2,557
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5.9090 GBP
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10p
ordinary
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Purchase
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2,455
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5.9025 GBP
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10p
ordinary
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Purchase
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2,246
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5.8922 GBP
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10p
ordinary
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Purchase
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2,140
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5.8615 GBP
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10p
ordinary
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Purchase
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1,946
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5.8930 GBP
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10p
ordinary
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Purchase
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1,522
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5.8600 GBP
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10p
ordinary
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Purchase
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1,165
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5.9100 GBP
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10p
ordinary
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Purchase
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1,154
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5.9207 GBP
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10p
ordinary
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Purchase
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1,085
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5.9327 GBP
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10p
ordinary
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Purchase
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944
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5.9250 GBP
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10p
ordinary
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Purchase
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637
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5.8550 GBP
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10p
ordinary
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Purchase
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472
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5.9148 GBP
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10p
ordinary
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Purchase
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472
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5.8940 GBP
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10p
ordinary
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Purchase
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472
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5.9150 GBP
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10p
ordinary
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Purchase
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362
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5.8549 GBP
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10p
ordinary
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Purchase
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181
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5.8650 GBP
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10p
ordinary
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Sale
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584,787
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5.9250 GBP
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10p
ordinary
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Sale
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96,390
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5.8881 GBP
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10p
ordinary
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Sale
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76,310
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5.9013 GBP
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10p
ordinary
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Sale
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70,639
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5.8895 GBP
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10p
ordinary
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Sale
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62,950
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5.9007 GBP
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10p
ordinary
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Sale
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59,009
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5.8850 GBP
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10p
ordinary
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Sale
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20,498
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5.9035 GBP
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10p
ordinary
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Sale
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16,437
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5.8970 GBP
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10p
ordinary
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Sale
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16,384
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5.9088 GBP
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10p
ordinary
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Sale
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10,465
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5.8997 GBP
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10p
ordinary
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Sale
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10,290
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5.8910 GBP
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10p
ordinary
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Sale
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9,713
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5.8963 GBP
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10p
ordinary
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Sale
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9,028
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5.8825 GBP
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10p
ordinary
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Sale
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7,781
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5.8918 GBP
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10p
ordinary
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Sale
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7,602
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5.9018 GBP
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10p
ordinary
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Sale
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7,529
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5.8975 GBP
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10p
ordinary
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Sale
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7,302
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5.9074 GBP
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10p
ordinary
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Sale
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7,116
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5.9096 GBP
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10p
ordinary
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Sale
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5,230
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5.9047 GBP
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10p
ordinary
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Sale
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4,658
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5.9019 GBP
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10p
ordinary
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Sale
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3,934
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5.8899 GBP
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10p
ordinary
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Sale
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3,065
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5.8725 GBP
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10p
ordinary
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Sale
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1,976
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5.9224 GBP
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10p
ordinary
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Sale
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1,411
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5.8798 GBP
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10p
ordinary
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Sale
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1,344
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5.9000 GBP
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10p
ordinary
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Sale
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1,296
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5.8738 GBP
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10p
ordinary
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Sale
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1,180
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5.9075 GBP
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10p
ordinary
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Sale
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1,119
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5.9050 GBP
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10p
ordinary
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Sale
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999
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5.8550 GBP
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10p
ordinary
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Sale
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716
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5.9200 GBP
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10p
ordinary
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Sale
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587
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5.9245 GBP
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10p
ordinary
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Sale
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537
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5.9100 GBP
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10p
ordinary
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Sale
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472
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5.9150 GBP
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10p
ordinary
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Sale
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11
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5.8884 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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32,975
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5.8914 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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3,065
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5.8725 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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6,477
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5.8776 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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35,043
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5.8839 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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224
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5.8850 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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3,934
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5.8899 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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10,290
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5.8910 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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7,781
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5.8918 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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3,281
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5.9019 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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16,384
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5.9088 GBP
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10p
ordinary
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SWAP
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Increasing Short
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181
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5.8650 GBP
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10p
ordinary
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SWAP
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Increasing Short
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3,772
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5.8713 GBP
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10p
ordinary
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SWAP
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Increasing Short
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11,989
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5.8801 GBP
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10p
ordinary
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SWAP
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Increasing Short
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60,264
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5.8850 GBP
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10p
ordinary
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SWAP
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Increasing Short
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472
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5.8939 GBP
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10p
ordinary
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CFD
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Decreasing Short
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57,060
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5.8850 GBP
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10p
ordinary
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CFD
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Decreasing Short
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7
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5.8857 GBP
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10p
ordinary
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CFD
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Increasing Short
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2,569
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5.8850 GBP
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10p
ordinary
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CFD
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Increasing Short
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1,047
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5.8853 GBP
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10p
ordinary
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CFD
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Increasing Short
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7
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5.8857 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
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
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paid/
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security
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varying etc
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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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(ii)
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Exercising
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Class of
relevant
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Product
description
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Exercising/ exercised
against
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Number of
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Exercise price
per
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security
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securities
|
unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of
relevant
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Nature of
Dealings
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Details
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Price per unit
(if
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security
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applicable)
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4.
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OTHER
INFORMATION
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(a)
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Indemnity and other dealings arrangements
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Details of any indemnity or option arrangement, or any
agreement or understanding,
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formal or informal, relating to relevant securities which may
be an inducement to deal
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
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to
the offer or any person acting in concert with a party to the
offer:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
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Details of any agreement, arrangement or understanding, formal
or informal, between
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the
person making the disclosure and any other person relating
to:
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(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
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any
derivative is referenced:
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NONE
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|
(c)
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Attachments
|
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|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
21 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
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020 3134
7213
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