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
relevant securities this form relates:
|
DS
SMITH PLC
|
(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:
|
25
Jul 2024
|
(f)
|
In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
|
YES:
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:
|
33,240,587
|
2.41%
|
28,084,540
|
2.04%
|
(2)
Cash-settled derivatives:
|
7,656,965
|
0.55%
|
32,821,727
|
2.38%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
|
40,897,552
|
2.96%
|
60,906,267
|
4.41%
|
(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 PERSON MAKING THE
DISCLOSURE
|
(a)
|
Purchase and sales
|
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
10p
ordinary
|
Purchase
|
246,637
|
4.4995 GBP
|
10p
ordinary
|
Purchase
|
239,639
|
4.4828 GBP
|
10p
ordinary
|
Purchase
|
145,510
|
4.5007 GBP
|
10p
ordinary
|
Purchase
|
75,000
|
4.4864 GBP
|
10p
ordinary
|
Purchase
|
69,661
|
4.5018 GBP
|
10p
ordinary
|
Purchase
|
50,116
|
4.5020 GBP
|
10p
ordinary
|
Purchase
|
49,641
|
4.4868 GBP
|
10p
ordinary
|
Purchase
|
48,425
|
4.4806 GBP
|
10p
ordinary
|
Purchase
|
35,999
|
4.4978 GBP
|
10p
ordinary
|
Purchase
|
19,798
|
4.4858 GBP
|
10p
ordinary
|
Purchase
|
18,486
|
4.4892 GBP
|
10p
ordinary
|
Purchase
|
13,604
|
4.4984 GBP
|
10p
ordinary
|
Purchase
|
11,738
|
4.4909 GBP
|
10p
ordinary
|
Purchase
|
10,807
|
4.4804 GBP
|
10p
ordinary
|
Purchase
|
7,572
|
4.4778 GBP
|
10p
ordinary
|
Purchase
|
7,418
|
4.4809 GBP
|
10p
ordinary
|
Purchase
|
7,345
|
4.4773 GBP
|
10p
ordinary
|
Purchase
|
6,680
|
4.4876 GBP
|
10p
ordinary
|
Purchase
|
5,829
|
4.4704 GBP
|
10p
ordinary
|
Purchase
|
5,483
|
4.4700 GBP
|
10p
ordinary
|
Purchase
|
4,097
|
4.4813 GBP
|
10p
ordinary
|
Purchase
|
2,486
|
4.4838 GBP
|
10p
ordinary
|
Purchase
|
1,688
|
4.5003 GBP
|
10p
ordinary
|
Purchase
|
1,570
|
4.4731 GBP
|
10p
ordinary
|
Purchase
|
1,200
|
4.4540 GBP
|
10p
ordinary
|
Purchase
|
1,013
|
4.4829 GBP
|
10p
ordinary
|
Purchase
|
962
|
4.4920 GBP
|
10p
ordinary
|
Purchase
|
830
|
4.4820 GBP
|
10p
ordinary
|
Purchase
|
742
|
4.4710 GBP
|
10p
ordinary
|
Purchase
|
734
|
4.4732 GBP
|
10p
ordinary
|
Purchase
|
727
|
4.4800 GBP
|
10p
ordinary
|
Purchase
|
699
|
4.4860 GBP
|
10p
ordinary
|
Purchase
|
207
|
4.4780 GBP
|
10p
ordinary
|
Purchase
|
177
|
4.4640 GBP
|
10p
ordinary
|
Purchase
|
119
|
4.4740 GBP
|
10p
ordinary
|
Sale
|
207,430
|
4.4958 GBP
|
10p
ordinary
|
Sale
|
180,631
|
4.5580 GBP
|
10p
ordinary
|
Sale
|
145,510
|
4.5007 GBP
|
10p
ordinary
|
Sale
|
69,475
|
4.5019 GBP
|
10p
ordinary
|
Sale
|
45,128
|
4.4937 GBP
|
10p
ordinary
|
Sale
|
32,807
|
4.4773 GBP
|
10p
ordinary
|
Sale
|
26,610
|
4.5020 GBP
|
10p
ordinary
|
Sale
|
24,745
|
4.4709 GBP
|
10p
ordinary
|
Sale
|
15,600
|
4.4789 GBP
|
10p
ordinary
|
Sale
|
15,531
|
4.4801 GBP
|
10p
ordinary
|
Sale
|
13,833
|
4.4750 GBP
|
10p
ordinary
|
Sale
|
13,479
|
4.4753 GBP
|
10p
ordinary
|
Sale
|
11,407
|
4.4929 GBP
|
10p
ordinary
|
Sale
|
5,442
|
4.5000 GBP
|
10p
ordinary
|
Sale
|
5,311
|
4.4842 GBP
|
10p
ordinary
|
Sale
|
4,697
|
4.4836 GBP
|
10p
ordinary
|
Sale
|
4,046
|
4.4702 GBP
|
10p
ordinary
|
Sale
|
3,851
|
4.4854 GBP
|
10p
ordinary
|
Sale
|
3,700
|
4.4833 GBP
|
10p
ordinary
|
Sale
|
3,650
|
4.4942 GBP
|
10p
ordinary
|
Sale
|
3,275
|
4.4805 GBP
|
10p
ordinary
|
Sale
|
3,001
|
4.4807 GBP
|
10p
ordinary
|
Sale
|
2,668
|
4.4705 GBP
|
10p
ordinary
|
Sale
|
2,547
|
4.4797 GBP
|
10p
ordinary
|
Sale
|
1,730
|
4.4878 GBP
|
10p
ordinary
|
Sale
|
1,321
|
4.4880 GBP
|
10p
ordinary
|
Sale
|
1,118
|
4.4912 GBP
|
10p
ordinary
|
Sale
|
892
|
4.4582 GBP
|
10p
ordinary
|
Sale
|
727
|
4.4800 GBP
|
10p
ordinary
|
Sale
|
422
|
4.4540 GBP
|
(b)
|
Cash-settled derivative transactions
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,321
|
4.4880 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
660
|
4.5020 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
219
|
4.4742 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
30,000
|
4.4898 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
145,510
|
4.5007 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
660
|
4.5020 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
639
|
4.4785 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
3,700
|
4.4833 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
19,444
|
4.4858 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
354
|
4.4858 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,046
|
4.4702 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
32,807
|
4.4773 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,635
|
4.4829 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
102,047
|
4.5020 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
180,631
|
4.5580 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
486
|
4.4540 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
742
|
4.4710 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
42,753
|
4.4796 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
239,639
|
4.4828 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
60,359
|
4.5011 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
5,442
|
4.5000 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
7,572
|
4.4778 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
6,284
|
4.4874 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
396
|
4.4920 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
24,745
|
4.4709 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
14,737
|
4.4740 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
54,413
|
4.5020 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
49,641
|
4.4868 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
25,054
|
4.4870 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
34,502
|
4.4785 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
116,012
|
4.4833 GBP
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions
(including options)
|
(i)
|
Writing, selling, purchasing or varying
|
Class
of
relevant
security
|
Product
description
|
Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
|
Expiry
date
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
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 person 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:
|
26 Jul 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|