FORM 8.3
|
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
|
A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
|
MORE
|
Rule 8.3 of the Takeover Code
(the "Code")
|
1.
|
KEY
INFORMATION
|
(a)
|
Full name of discloser:
|
|
Barclays PLC.
|
(b)
|
Owner or controller of interest and short
|
|
|
positions disclosed, if different from 1(a):
|
(c)
|
Name of offeror/offeree in relation to whose
|
DS
SMITH PLC
|
|
relevant securities this form relates:
|
(d)
|
If
an exempt fund manager connected with an
|
|
|
offeror/offeree, state this and specify identity
of
|
|
offeror/offeree:
|
(e)
|
Date position held/dealing undertaken:
|
23
Apr 2024
|
(f)
|
In
addition to the company in 1(c) above, is the discloser
making
|
YES:
|
|
|
|
disclosures in respect of any other party to the
offer?
|
INTERNATIONAL PAPER COMPANY
|
|
2.
|
POSITIONS OF THE PERSON MAKING THE DISCLOSURE
|
(a)
|
Interests and short positions in the relevant securities of
the offeror or offeree
|
|
|
to
which the disclosure relates following the dealing(if
any)
|
|
Class of relevant security:
|
10p
ordinary
|
|
Interests
|
Short
Positions
|
|
Number
|
(%)
|
Number
|
(%)
|
(1)
|
Relevant securities owned
|
|
|
|
|
|
and/or controlled:
|
|
|
13,235,048
|
0.96%
|
8,461,541
|
0.61%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
7,530,632
|
0.55%
|
11,016,663
|
0.80%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
20,765,680
|
1.51%
|
19,478,204
|
1.41%
|
(b)
|
Rights to subscribe for new securities (including directors
and other executive
|
|
|
options)
|
|
|
|
|
|
|
Class of relevant security in relation to
|
|
|
|
|
which subscription right exists
|
|
|
|
|
Details, including nature of the rights
|
|
|
|
|
concerned and relevant percentages:
|
|
|
|
|
3.
|
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
|
(a)
|
Purchases and sales
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
security
|
|
securities
|
|
10p
ordinary
|
Purchase
|
2,799,000
|
3.5320 GBP
|
10p
ordinary
|
Purchase
|
1,338,539
|
3.4920 GBP
|
10p
ordinary
|
Purchase
|
1,283,472
|
3.4975 GBP
|
10p
ordinary
|
Purchase
|
723,970
|
3.4986 GBP
|
10p
ordinary
|
Purchase
|
499,387
|
3.4957 GBP
|
10p
ordinary
|
Purchase
|
352,195
|
3.4978 GBP
|
10p
ordinary
|
Purchase
|
316,130
|
3.5002 GBP
|
10p
ordinary
|
Purchase
|
272,523
|
3.4912 GBP
|
10p
ordinary
|
Purchase
|
210,676
|
3.4980 GBP
|
10p
ordinary
|
Purchase
|
148,182
|
3.4913 GBP
|
10p
ordinary
|
Purchase
|
113,259
|
3.4968 GBP
|
10p
ordinary
|
Purchase
|
88,731
|
3.4994 GBP
|
10p
ordinary
|
Purchase
|
87,675
|
3.4931 GBP
|
10p
ordinary
|
Purchase
|
86,349
|
3.4869 GBP
|
10p
ordinary
|
Purchase
|
82,316
|
3.4969 GBP
|
10p
ordinary
|
Purchase
|
70,328
|
3.5010 GBP
|
10p
ordinary
|
Purchase
|
61,253
|
3.4929 GBP
|
10p
ordinary
|
Purchase
|
55,526
|
3.4960 GBP
|
10p
ordinary
|
Purchase
|
50,660
|
3.6038 GBP
|
10p
ordinary
|
Purchase
|
46,752
|
3.4972 GBP
|
10p
ordinary
|
Purchase
|
44,571
|
3.4987 GBP
|
10p
ordinary
|
Purchase
|
39,722
|
3.4892 GBP
|
10p
ordinary
|
Purchase
|
37,537
|
3.4964 GBP
|
10p
ordinary
|
Purchase
|
37,500
|
3.4982 GBP
|
10p
ordinary
|
Purchase
|
31,708
|
3.4970 GBP
|
10p
ordinary
|
Purchase
|
27,395
|
3.5063 GBP
|
10p
ordinary
|
Purchase
|
25,768
|
3.4940 GBP
|
10p
ordinary
|
Purchase
|
23,361
|
3.4932 GBP
|
10p
ordinary
|
Purchase
|
23,250
|
3.5014 GBP
|
10p
ordinary
|
Purchase
|
14,452
|
3.5000 GBP
|
10p
ordinary
|
Purchase
|
10,170
|
3.4995 GBP
|
10p
ordinary
|
Purchase
|
8,234
|
3.4962 GBP
|
10p
ordinary
|
Purchase
|
7,580
|
3.5040 GBP
|
10p
ordinary
|
Purchase
|
6,122
|
3.5020 GBP
|
10p
ordinary
|
Purchase
|
5,528
|
3.5100 GBP
|
10p
ordinary
|
Purchase
|
5,264
|
3.4988 GBP
|
10p
ordinary
|
Purchase
|
4,785
|
3.4880 GBP
|
10p
ordinary
|
Purchase
|
4,737
|
3.4950 GBP
|
10p
ordinary
|
Purchase
|
4,653
|
3.5080 GBP
|
10p
ordinary
|
Purchase
|
4,621
|
3.4902 GBP
|
10p
ordinary
|
Purchase
|
4,463
|
3.5030 GBP
|
10p
ordinary
|
Purchase
|
4,207
|
3.4990 GBP
|
10p
ordinary
|
Purchase
|
3,578
|
3.4800 GBP
|
10p
ordinary
|
Purchase
|
3,342
|
3.4976 GBP
|
10p
ordinary
|
Purchase
|
3,191
|
3.4949 GBP
|
10p
ordinary
|
Purchase
|
3,060
|
3.4904 GBP
|
10p
ordinary
|
Purchase
|
3,028
|
3.5012 GBP
|
10p
ordinary
|
Purchase
|
2,942
|
3.4640 GBP
|
10p
ordinary
|
Purchase
|
2,932
|
3.4959 GBP
|
10p
ordinary
|
Purchase
|
2,542
|
3.4900 GBP
|
10p
ordinary
|
Purchase
|
2,500
|
3.4840 GBP
|
10p
ordinary
|
Purchase
|
1,808
|
3.5150 GBP
|
10p
ordinary
|
Purchase
|
1,734
|
3.4760 GBP
|
10p
ordinary
|
Purchase
|
1,618
|
3.5140 GBP
|
10p
ordinary
|
Purchase
|
1,581
|
3.5180 GBP
|
10p
ordinary
|
Purchase
|
1,410
|
3.5120 GBP
|
10p
ordinary
|
Purchase
|
1,003
|
3.4977 GBP
|
10p
ordinary
|
Purchase
|
880
|
3.5050 GBP
|
10p
ordinary
|
Purchase
|
812
|
3.5220 GBP
|
10p
ordinary
|
Purchase
|
801
|
3.4820 GBP
|
10p
ordinary
|
Purchase
|
796
|
3.4780 GBP
|
10p
ordinary
|
Purchase
|
774
|
3.5060 GBP
|
10p
ordinary
|
Purchase
|
741
|
3.4860 GBP
|
10p
ordinary
|
Purchase
|
301
|
3.4896 GBP
|
10p
ordinary
|
Purchase
|
62
|
3.4831 GBP
|
10p
ordinary
|
Purchase
|
58
|
3.4862 GBP
|
10p
ordinary
|
Sale
|
1,434,148
|
3.4975 GBP
|
10p
ordinary
|
Sale
|
869,340
|
3.4980 GBP
|
10p
ordinary
|
Sale
|
302,074
|
3.4939 GBP
|
10p
ordinary
|
Sale
|
227,000
|
3.4920 GBP
|
10p
ordinary
|
Sale
|
185,100
|
3.4987 GBP
|
10p
ordinary
|
Sale
|
164,116
|
3.4976 GBP
|
10p
ordinary
|
Sale
|
158,518
|
3.4892 GBP
|
10p
ordinary
|
Sale
|
156,700
|
3.4909 GBP
|
10p
ordinary
|
Sale
|
154,019
|
3.5028 GBP
|
10p
ordinary
|
Sale
|
147,858
|
3.4923 GBP
|
10p
ordinary
|
Sale
|
139,770
|
3.5009 GBP
|
10p
ordinary
|
Sale
|
97,503
|
3.4930 GBP
|
10p
ordinary
|
Sale
|
87,100
|
3.4928 GBP
|
10p
ordinary
|
Sale
|
73,130
|
3.4933 GBP
|
10p
ordinary
|
Sale
|
44,432
|
3.4948 GBP
|
10p
ordinary
|
Sale
|
33,279
|
3.5067 GBP
|
10p
ordinary
|
Sale
|
27,397
|
3.4956 GBP
|
10p
ordinary
|
Sale
|
26,105
|
3.4934 GBP
|
10p
ordinary
|
Sale
|
22,847
|
3.4979 GBP
|
10p
ordinary
|
Sale
|
22,327
|
3.4888 GBP
|
10p
ordinary
|
Sale
|
21,744
|
3.4950 GBP
|
10p
ordinary
|
Sale
|
20,732
|
3.4891 GBP
|
10p
ordinary
|
Sale
|
20,514
|
3.4940 GBP
|
10p
ordinary
|
Sale
|
20,056
|
3.5080 GBP
|
10p
ordinary
|
Sale
|
18,383
|
3.5036 GBP
|
10p
ordinary
|
Sale
|
18,296
|
3.5020 GBP
|
10p
ordinary
|
Sale
|
14,452
|
3.5000 GBP
|
10p
ordinary
|
Sale
|
14,331
|
3.4862 GBP
|
10p
ordinary
|
Sale
|
12,753
|
3.5019 GBP
|
10p
ordinary
|
Sale
|
11,845
|
3.5010 GBP
|
10p
ordinary
|
Sale
|
10,985
|
3.4906 GBP
|
10p
ordinary
|
Sale
|
10,710
|
3.4957 GBP
|
10p
ordinary
|
Sale
|
7,580
|
3.5040 GBP
|
10p
ordinary
|
Sale
|
6,440
|
3.5100 GBP
|
10p
ordinary
|
Sale
|
6,386
|
3.4970 GBP
|
10p
ordinary
|
Sale
|
5,926
|
3.4851 GBP
|
10p
ordinary
|
Sale
|
5,433
|
3.5015 GBP
|
10p
ordinary
|
Sale
|
5,238
|
3.4929 GBP
|
10p
ordinary
|
Sale
|
4,785
|
3.4880 GBP
|
10p
ordinary
|
Sale
|
4,463
|
3.5030 GBP
|
10p
ordinary
|
Sale
|
4,207
|
3.4990 GBP
|
10p
ordinary
|
Sale
|
3,680
|
3.4900 GBP
|
10p
ordinary
|
Sale
|
3,578
|
3.4800 GBP
|
10p
ordinary
|
Sale
|
2,969
|
3.5059 GBP
|
10p
ordinary
|
Sale
|
2,942
|
3.4640 GBP
|
10p
ordinary
|
Sale
|
2,914
|
3.4955 GBP
|
10p
ordinary
|
Sale
|
2,743
|
3.4938 GBP
|
10p
ordinary
|
Sale
|
2,702
|
3.4992 GBP
|
10p
ordinary
|
Sale
|
2,500
|
3.4840 GBP
|
10p
ordinary
|
Sale
|
2,332
|
3.4941 GBP
|
10p
ordinary
|
Sale
|
1,964
|
3.4927 GBP
|
10p
ordinary
|
Sale
|
1,808
|
3.5150 GBP
|
10p
ordinary
|
Sale
|
1,734
|
3.4760 GBP
|
10p
ordinary
|
Sale
|
1,618
|
3.5140 GBP
|
10p
ordinary
|
Sale
|
1,581
|
3.5180 GBP
|
10p
ordinary
|
Sale
|
880
|
3.5050 GBP
|
10p
ordinary
|
Sale
|
812
|
3.5220 GBP
|
10p
ordinary
|
Sale
|
801
|
3.4820 GBP
|
10p
ordinary
|
Sale
|
799
|
3.4960 GBP
|
10p
ordinary
|
Sale
|
796
|
3.4780 GBP
|
10p
ordinary
|
Sale
|
774
|
3.5060 GBP
|
10p
ordinary
|
Sale
|
767
|
3.5120 GBP
|
10p
ordinary
|
Sale
|
741
|
3.4860 GBP
|
10p
ordinary
|
Sale
|
700
|
3.4870 GBP
|
10p
ordinary
|
Sale
|
402
|
3.5320 GBP
|
10p
ordinary
|
Sale
|
87
|
3.4932 GBP
|
10p
ordinary
|
Sale
|
62
|
3.4834 GBP
|
10p
ordinary
|
Sale
|
58
|
3.4866 GBP
|
10p
ordinary
|
Sale
|
14
|
3.4996 GBP
|
10p
ordinary
|
Sale
|
1
|
3.4983 GBP
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
23
|
3.5000 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
36
|
3.4983 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
142
|
3.5074 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
278
|
3.5020 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,034
|
3.4940 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,489
|
3.4899 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
2,026
|
3.4886 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
4,108
|
3.5060 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
5,264
|
3.4988 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
17,250
|
3.4904 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
27,395
|
3.5063 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
29,601
|
3.4977 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
50,660
|
3.6038 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
51,977
|
3.4905 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
63,318
|
3.4961 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
79,959
|
3.4980 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
82,316
|
3.4969 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
87,519
|
3.4984 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
91,786
|
3.4881 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
114,719
|
3.4979 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
272,523
|
3.4912 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
487,199
|
3.4980 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,293
|
3.4964 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,854
|
3.4963 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
59,370
|
3.4958 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
36
|
3.4983 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
92
|
3.4980 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
2,702
|
3.4992 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
4,108
|
3.5060 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
4,500
|
3.4877 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
5,433
|
3.5015 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
8,256
|
3.4928 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
10,985
|
3.4906 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
13,111
|
3.5095 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
85,048
|
3.4975 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
500
|
3.5120 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,458
|
3.4994 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,790
|
3.5239 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,342
|
3.4976 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
8,234
|
3.4962 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
18,162
|
3.5100 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
65,414
|
3.4884 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
86,349
|
3.4869 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
166,317
|
3.4958 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
328,619
|
3.4980 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
1,964
|
3.4927 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
7,760
|
3.4979 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
26,105
|
3.4934 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
76,292
|
3.4943 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
147,858
|
3.4923 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
460
|
3.4980 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
5,191
|
3.4895 GBP
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions (including
options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
Class
|
Product
|
Writing,
|
Number
|
Exercise
|
Type
|
Expiry
|
Option
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
security
|
|
varying etc
|
to which
|
|
|
|
received
|
|
|
|
option
|
|
|
|
per unit
|
|
|
|
relates
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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:
|
24 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|