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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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05
Sep 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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32,983,334
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2.39%
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28,558,457
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2.07%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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11,135,542
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0.81%
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32,653,744
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2.37%
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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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44,118,876
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3.20%
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61,212,201
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4.44%
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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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190,169
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4.5014 GBP
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10p
ordinary
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Purchase
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127,775
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4.4937 GBP
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10p
ordinary
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Purchase
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94,283
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4.4940 GBP
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10p
ordinary
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Purchase
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79,857
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4.5148 GBP
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10p
ordinary
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Purchase
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49,026
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4.5210 GBP
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10p
ordinary
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Purchase
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43,948
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4.5157 GBP
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10p
ordinary
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Purchase
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31,183
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4.5133 GBP
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10p
ordinary
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Purchase
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9,999
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4.5032 GBP
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10p
ordinary
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Purchase
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8,863
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4.5140 GBP
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10p
ordinary
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Purchase
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8,033
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4.4970 GBP
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10p
ordinary
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Purchase
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7,947
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4.5007 GBP
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10p
ordinary
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Purchase
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4,500
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4.5719 GBP
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10p
ordinary
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Purchase
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4,394
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4.5069 GBP
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10p
ordinary
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Purchase
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4,374
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4.4946 GBP
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10p
ordinary
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Purchase
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4,156
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4.5123 GBP
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10p
ordinary
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Purchase
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3,689
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4.5153 GBP
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10p
ordinary
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Purchase
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3,198
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4.4960 GBP
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10p
ordinary
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Purchase
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2,495
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4.5103 GBP
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10p
ordinary
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Purchase
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1,414
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4.5440 GBP
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10p
ordinary
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Purchase
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1,317
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4.5040 GBP
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10p
ordinary
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Purchase
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255
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4.5107 GBP
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10p
ordinary
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Purchase
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226
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4.5080 GBP
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10p
ordinary
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Purchase
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89
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4.4900 GBP
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10p
ordinary
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Purchase
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88
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4.4980 GBP
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10p
ordinary
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Sale
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168,052
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4.5109 GBP
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10p
ordinary
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Sale
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162,537
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4.4960 GBP
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10p
ordinary
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Sale
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111,217
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4.5232 GBP
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10p
ordinary
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Sale
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82,313
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4.5093 GBP
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10p
ordinary
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Sale
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34,143
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4.4985 GBP
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10p
ordinary
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Sale
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33,156
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4.4940 GBP
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10p
ordinary
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Sale
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27,804
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4.4972 GBP
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10p
ordinary
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Sale
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26,934
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4.5177 GBP
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10p
ordinary
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Sale
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24,198
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4.5157 GBP
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10p
ordinary
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Sale
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20,655
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4.5162 GBP
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10p
ordinary
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Sale
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13,321
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4.5155 GBP
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10p
ordinary
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Sale
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7,947
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4.5007 GBP
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10p
ordinary
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Sale
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7,363
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4.5169 GBP
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10p
ordinary
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Sale
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6,963
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4.5140 GBP
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10p
ordinary
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Sale
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6,274
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4.5167 GBP
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10p
ordinary
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Sale
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5,987
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4.5249 GBP
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10p
ordinary
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Sale
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3,977
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4.5227 GBP
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10p
ordinary
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Sale
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3,779
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4.5215 GBP
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10p
ordinary
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Sale
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2,481
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4.5254 GBP
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10p
ordinary
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Sale
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1,944
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4.5130 GBP
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10p
ordinary
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Sale
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1,072
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4.5260 GBP
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10p
ordinary
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Sale
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908
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4.5105 GBP
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10p
ordinary
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Sale
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581
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4.5750 GBP
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10p
ordinary
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Sale
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315
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4.5030 GBP
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10p
ordinary
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Sale
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226
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4.5080 GBP
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10p
ordinary
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Sale
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149
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4.5070 GBP
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10p
ordinary
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Sale
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97
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4.5180 GBP
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10p
ordinary
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Sale
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89
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4.4900 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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15,534
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4.5046 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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27,148
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4.4937 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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23,256
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4.4940 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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34,143
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4.4985 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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82,313
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4.5093 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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17,142
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4.5102 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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110,286
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4.5143 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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26,563
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4.5147 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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7,984
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4.5148 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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13,692
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4.5174 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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139,021
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4.5180 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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3,977
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4.5227 GBP
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10p
ordinary
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SWAP
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Increasing Short
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44,950
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4.4940 GBP
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10p
ordinary
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SWAP
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Increasing Short
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99,932
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4.4941 GBP
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10p
ordinary
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SWAP
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Increasing Short
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4,374
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4.4946 GBP
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10p
ordinary
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SWAP
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Increasing Short
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352
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4.4976 GBP
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10p
ordinary
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SWAP
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Increasing Short
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9,999
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4.5032 GBP
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10p
ordinary
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SWAP
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Increasing Short
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4,394
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4.5069 GBP
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10p
ordinary
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SWAP
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Increasing Short
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4,156
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4.5123 GBP
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10p
ordinary
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SWAP
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Increasing Short
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79,857
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4.5148 GBP
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10p
ordinary
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SWAP
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Increasing Short
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43,948
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4.5157 GBP
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10p
ordinary
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SWAP
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Increasing Short
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50,431
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4.5190 GBP
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10p
ordinary
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SWAP
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Increasing Short
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1,414
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4.5440 GBP
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10p
ordinary
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CFD
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Decreasing Short
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15,894
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4.5007 GBP
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10p
ordinary
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CFD
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Decreasing Short
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1,113
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4.5144 GBP
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10p
ordinary
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CFD
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Decreasing Short
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113
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4.5679 GBP
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10p
ordinary
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CFD
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Decreasing Short
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2,441
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4.5680 GBP
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10p
ordinary
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CFD
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Increasing Short
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3,259
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4.4940 GBP
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10p
ordinary
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CFD
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Increasing Short
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6,963
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4.5139 GBP
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|
10p
ordinary
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CFD
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Increasing Short
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113
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4.5679 GBP
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10p
ordinary
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CFD
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Increasing Short
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2,441
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4.5680 GBP
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NB:
The below transactions which were previously disclosed have been
cancelled
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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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CFD
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Short
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7,947
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4.5008 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)
|
Attachments
|
|
|
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|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
06 Sep 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
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