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")
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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)
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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:
|
02
Aug 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:
|
33,094,005
|
2.40%
|
32,508,384
|
2.36%
|
(2)
Cash-settled derivatives:
|
12,290,116
|
0.89%
|
32,742,221
|
2.37%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
|
45,384,121
|
3.29%
|
65,250,605
|
4.73%
|
(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
|
127,436
|
4.4452 GBP
|
10p
ordinary
|
Purchase
|
121,782
|
4.4394 GBP
|
10p
ordinary
|
Purchase
|
80,726
|
4.4380 GBP
|
10p
ordinary
|
Purchase
|
78,894
|
4.4441 GBP
|
10p
ordinary
|
Purchase
|
22,912
|
4.4751 GBP
|
10p
ordinary
|
Purchase
|
13,588
|
4.4777 GBP
|
10p
ordinary
|
Purchase
|
11,072
|
4.4375 GBP
|
10p
ordinary
|
Purchase
|
9,838
|
4.4680 GBP
|
10p
ordinary
|
Purchase
|
4,600
|
4.4373 GBP
|
10p
ordinary
|
Purchase
|
4,034
|
4.4559 GBP
|
10p
ordinary
|
Purchase
|
3,434
|
4.4980 GBP
|
10p
ordinary
|
Purchase
|
2,380
|
4.4625 GBP
|
10p
ordinary
|
Purchase
|
2,016
|
4.4672 GBP
|
10p
ordinary
|
Purchase
|
1,931
|
4.4700 GBP
|
10p
ordinary
|
Purchase
|
1,864
|
4.4371 GBP
|
10p
ordinary
|
Purchase
|
1,473
|
4.4709 GBP
|
10p
ordinary
|
Purchase
|
1,200
|
4.4820 GBP
|
10p
ordinary
|
Purchase
|
947
|
4.5389 GBP
|
10p
ordinary
|
Purchase
|
583
|
4.4779 GBP
|
10p
ordinary
|
Purchase
|
386
|
4.4786 GBP
|
10p
ordinary
|
Purchase
|
251
|
4.4807 GBP
|
10p
ordinary
|
Purchase
|
215
|
4.4736 GBP
|
10p
ordinary
|
Purchase
|
172
|
4.4830 GBP
|
10p
ordinary
|
Purchase
|
158
|
4.4840 GBP
|
10p
ordinary
|
Purchase
|
93
|
4.4467 GBP
|
10p
ordinary
|
Purchase
|
25
|
4.4758 GBP
|
10p
ordinary
|
Purchase
|
25
|
4.4760 GBP
|
10p
ordinary
|
Purchase
|
24
|
4.4440 GBP
|
10p
ordinary
|
Purchase
|
18
|
4.4740 GBP
|
10p
ordinary
|
Sale
|
163,218
|
4.4666 GBP
|
10p
ordinary
|
Sale
|
136,839
|
4.4423 GBP
|
10p
ordinary
|
Sale
|
121,949
|
4.4380 GBP
|
10p
ordinary
|
Sale
|
105,302
|
4.4385 GBP
|
10p
ordinary
|
Sale
|
58,981
|
4.4637 GBP
|
10p
ordinary
|
Sale
|
30,089
|
4.4392 GBP
|
10p
ordinary
|
Sale
|
16,872
|
4.4742 GBP
|
10p
ordinary
|
Sale
|
15,793
|
4.5100 GBP
|
10p
ordinary
|
Sale
|
9,322
|
4.4648 GBP
|
10p
ordinary
|
Sale
|
9,009
|
4.4382 GBP
|
10p
ordinary
|
Sale
|
9,006
|
4.4832 GBP
|
10p
ordinary
|
Sale
|
2,519
|
4.4720 GBP
|
10p
ordinary
|
Sale
|
1,962
|
4.4387 GBP
|
10p
ordinary
|
Sale
|
1,856
|
4.4888 GBP
|
10p
ordinary
|
Sale
|
1,000
|
4.4580 GBP
|
10p
ordinary
|
Sale
|
583
|
4.4783 GBP
|
10p
ordinary
|
Sale
|
509
|
4.5120 GBP
|
10p
ordinary
|
Sale
|
407
|
4.4430 GBP
|
10p
ordinary
|
Sale
|
353
|
4.4880 GBP
|
10p
ordinary
|
Sale
|
215
|
4.4741 GBP
|
10p
ordinary
|
Sale
|
172
|
4.4834 GBP
|
10p
ordinary
|
Sale
|
25
|
4.4760 GBP
|
10p
ordinary
|
Sale
|
18
|
4.4744 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
|
1,272
|
4.4380 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
167
|
4.4497 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
65,148
|
4.4379 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
93
|
4.4467 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
17,720
|
4.4557 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
48
|
4.4679 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
28,598
|
4.4380 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
80,445
|
4.4526 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
163,218
|
4.4666 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
9,006
|
4.4832 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,856
|
4.4888 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
78,894
|
4.4441 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3
|
4.4560 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,980
|
4.4932 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,434
|
4.4980 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
312
|
4.5130 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
947
|
4.5389 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
16,872
|
4.4742 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
22,912
|
4.4751 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
407
|
4.4430 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
28,986
|
4.4380 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
58,981
|
4.4637 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
13,588
|
4.4777 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
624
|
4.5132 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
325,000
|
4.5660 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
340,000
|
4.5660 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:
|
05 Aug 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|