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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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21
May 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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26,900,392
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1.95%
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19,338,458
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1.40%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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8,162,376
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0.59%
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25,377,579
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1.84%
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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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35,062,768
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2.54%
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44,716,037
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3.24%
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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
|
552,677
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3.6826 GBP
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10p
ordinary
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Purchase
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527,150
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3.6750 GBP
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10p
ordinary
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Purchase
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249,206
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3.6888 GBP
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|
10p
ordinary
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Purchase
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206,663
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3.6718 GBP
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|
10p
ordinary
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Purchase
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186,673
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3.6825 GBP
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|
10p
ordinary
|
Purchase
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158,720
|
3.6874 GBP
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|
10p
ordinary
|
Purchase
|
117,815
|
3.6740 GBP
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|
10p
ordinary
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Purchase
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107,044
|
3.6846 GBP
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|
10p
ordinary
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Purchase
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100,000
|
3.6749 GBP
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|
10p
ordinary
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Purchase
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92,039
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3.6837 GBP
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10p
ordinary
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Purchase
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85,889
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3.6720 GBP
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|
10p
ordinary
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Purchase
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68,850
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3.7570 GBP
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|
10p
ordinary
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Purchase
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32,565
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3.6823 GBP
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|
10p
ordinary
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Purchase
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30,122
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3.6844 GBP
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10p
ordinary
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Purchase
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23,926
|
3.6851 GBP
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|
10p
ordinary
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Purchase
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16,536
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3.6780 GBP
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10p
ordinary
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Purchase
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12,633
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3.6824 GBP
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10p
ordinary
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Purchase
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11,072
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3.6792 GBP
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10p
ordinary
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Purchase
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9,086
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3.6746 GBP
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10p
ordinary
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Purchase
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8,112
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3.6806 GBP
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10p
ordinary
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Purchase
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7,063
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3.6809 GBP
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|
10p
ordinary
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Purchase
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6,551
|
3.6786 GBP
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|
10p
ordinary
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Purchase
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4,619
|
3.6859 GBP
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|
10p
ordinary
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Purchase
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3,983
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3.6758 GBP
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|
10p
ordinary
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Purchase
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3,095
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3.6766 GBP
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10p
ordinary
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Purchase
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2,722
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3.6890 GBP
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|
10p
ordinary
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Purchase
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2,510
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3.6849 GBP
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10p
ordinary
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Purchase
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2,088
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3.6781 GBP
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10p
ordinary
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Purchase
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1,651
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3.6840 GBP
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10p
ordinary
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Purchase
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1,335
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3.6951 GBP
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10p
ordinary
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Purchase
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1,307
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3.6920 GBP
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10p
ordinary
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Purchase
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1,212
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3.6820 GBP
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10p
ordinary
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Purchase
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1,027
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3.7020 GBP
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|
10p
ordinary
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Purchase
|
898
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3.6600 GBP
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10p
ordinary
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Purchase
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311
|
3.6814 GBP
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10p
ordinary
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Purchase
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156
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3.6940 GBP
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10p
ordinary
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Purchase
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16
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3.6709 GBP
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10p
ordinary
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Sale
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439,930
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3.6720 GBP
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10p
ordinary
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Sale
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250,827
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3.6749 GBP
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10p
ordinary
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Sale
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185,868
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3.6733 GBP
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10p
ordinary
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Sale
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127,090
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3.6772 GBP
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10p
ordinary
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Sale
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95,894
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3.6890 GBP
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10p
ordinary
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Sale
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40,755
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3.6849 GBP
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10p
ordinary
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Sale
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37,849
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3.6889 GBP
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|
10p
ordinary
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Sale
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33,426
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3.6941 GBP
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|
10p
ordinary
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Sale
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32,629
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3.6861 GBP
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|
10p
ordinary
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Sale
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25,558
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3.6700 GBP
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|
10p
ordinary
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Sale
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25,362
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3.6884 GBP
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10p
ordinary
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Sale
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13,148
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3.6887 GBP
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|
10p
ordinary
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Sale
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5,950
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3.6793 GBP
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|
10p
ordinary
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Sale
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4,665
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3.6883 GBP
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|
10p
ordinary
|
Sale
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3,803
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3.6936 GBP
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|
10p
ordinary
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Sale
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3,137
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3.6847 GBP
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|
10p
ordinary
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Sale
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2,956
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3.6920 GBP
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|
10p
ordinary
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Sale
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2,621
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3.6825 GBP
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|
10p
ordinary
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Sale
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2,500
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3.6786 GBP
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10p
ordinary
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Sale
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2,100
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3.6800 GBP
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10p
ordinary
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Sale
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1,894
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3.6713 GBP
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|
10p
ordinary
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Sale
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1,685
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3.6898 GBP
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10p
ordinary
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Sale
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1,665
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3.6828 GBP
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10p
ordinary
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Sale
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1,307
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3.6921 GBP
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|
10p
ordinary
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Sale
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1,212
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3.6820 GBP
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|
10p
ordinary
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Sale
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1,027
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3.7020 GBP
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10p
ordinary
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Sale
|
921
|
3.6791 GBP
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10p
ordinary
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Sale
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880
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3.6780 GBP
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10p
ordinary
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Sale
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713
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3.6840 GBP
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10p
ordinary
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Sale
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525
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3.6680 GBP
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10p
ordinary
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Sale
|
524
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3.6773 GBP
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10p
ordinary
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Sale
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379
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3.6860 GBP
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10p
ordinary
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Sale
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95
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3.6830 GBP
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10p
ordinary
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Sale
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39
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3.6709 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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Closing
Short
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6,791
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3.6720 GBP
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10p
ordinary
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SWAP
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Decreasing Long
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156
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3.6940 GBP
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10p
ordinary
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SWAP
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Decreasing Long
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92,039
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3.6837 GBP
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|
10p
ordinary
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CFD
|
Decreasing Short
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10
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3.7140 GBP
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|
10p
ordinary
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SWAP
|
Decreasing Short
|
524
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3.6773 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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3,803
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3.6937 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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14,795
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3.6851 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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40,755
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3.6849 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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64,770
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3.6812 GBP
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|
10p
ordinary
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CFD
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Decreasing Short
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84,462
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3.6719 GBP
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|
10p
ordinary
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SWAP
|
Decreasing Short
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127,090
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3.6772 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
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261,443
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3.6720 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
921
|
3.6791 GBP
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|
10p
ordinary
|
CFD
|
Increasing Short
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138
|
3.6720 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
|
473
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3.6920 GBP
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|
10p
ordinary
|
CFD
|
Increasing Short
|
1,212
|
3.6819 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,335
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3.6951 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,619
|
3.6859 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
30,187
|
3.6728 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
70,444
|
3.6837 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
97,890
|
3.6844 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
100,000
|
3.6749 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
158,720
|
3.6874 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
186,673
|
3.6825 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
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360,639
|
3.6720 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
552,677
|
3.6826 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
13,317
|
3.6818 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Short
|
211,000
|
3.6789 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
|
Option
|
|
of
|
description
|
purchasing,
|
of
|
price
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|
date
|
money
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|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
|
security
|
|
varying etc
|
to which
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|
received
|
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|
|
|
option
|
|
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|
per unit
|
|
|
|
|
relates
|
|
|
|
|
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|
|
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|
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(ii)
|
Exercising
|
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|
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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)
|
|
|
|
|
|
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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:
|
|
|
|
|
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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|
|
(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:
|
22 May 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
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