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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
|
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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|
|
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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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02
Oct 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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32,598,481
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2.36%
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31,008,062
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2.25%
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(2)
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Cash-settled derivatives:
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|
|
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and/or controlled:
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11,236,915
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0.81%
|
31,080,402
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2.25%
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(3)
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Stock-settled derivatives (including
options)
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|
|
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and
agreements to purchase/sell:
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0
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0.00%
|
0
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0.00%
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|
|
|
|
|
|
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TOTAL:
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43,835,396
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3.18%
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62,088,464
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4.50%
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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
|
Purchase/sale
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Number of
|
Price per
unit
|
|
security
|
|
securities
|
|
|
10p
ordinary
|
Purchase
|
267,599
|
4.6605 GBP
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|
10p
ordinary
|
Purchase
|
108,827
|
4.6449 GBP
|
|
10p
ordinary
|
Purchase
|
69,147
|
4.6613 GBP
|
|
10p
ordinary
|
Purchase
|
58,753
|
4.6620 GBP
|
|
10p
ordinary
|
Purchase
|
55,471
|
4.6679 GBP
|
|
10p
ordinary
|
Purchase
|
41,534
|
4.6514 GBP
|
|
10p
ordinary
|
Purchase
|
40,125
|
4.6553 GBP
|
|
10p
ordinary
|
Purchase
|
20,984
|
4.6181 GBP
|
|
10p
ordinary
|
Purchase
|
14,312
|
4.6208 GBP
|
|
10p
ordinary
|
Purchase
|
13,054
|
4.6526 GBP
|
|
10p
ordinary
|
Purchase
|
10,654
|
4.6406 GBP
|
|
10p
ordinary
|
Purchase
|
9,277
|
4.6693 GBP
|
|
10p
ordinary
|
Purchase
|
7,683
|
4.6728 GBP
|
|
10p
ordinary
|
Purchase
|
7,218
|
4.6673 GBP
|
|
10p
ordinary
|
Purchase
|
5,820
|
4.6180 GBP
|
|
10p
ordinary
|
Purchase
|
5,674
|
4.6702 GBP
|
|
10p
ordinary
|
Purchase
|
5,643
|
4.6253 GBP
|
|
10p
ordinary
|
Purchase
|
4,774
|
4.6749 GBP
|
|
10p
ordinary
|
Purchase
|
4,512
|
4.6587 GBP
|
|
10p
ordinary
|
Purchase
|
4,214
|
4.6625 GBP
|
|
10p
ordinary
|
Purchase
|
3,739
|
4.6203 GBP
|
|
10p
ordinary
|
Purchase
|
3,351
|
4.6185 GBP
|
|
10p
ordinary
|
Purchase
|
3,254
|
4.6733 GBP
|
|
10p
ordinary
|
Purchase
|
3,097
|
4.6769 GBP
|
|
10p
ordinary
|
Purchase
|
3,035
|
4.5916 GBP
|
|
10p
ordinary
|
Purchase
|
2,744
|
4.6166 GBP
|
|
10p
ordinary
|
Purchase
|
2,739
|
4.6704 GBP
|
|
10p
ordinary
|
Purchase
|
2,458
|
4.6246 GBP
|
|
10p
ordinary
|
Purchase
|
2,141
|
4.6798 GBP
|
|
10p
ordinary
|
Purchase
|
2,127
|
4.6112 GBP
|
|
10p
ordinary
|
Purchase
|
1,984
|
4.6656 GBP
|
|
10p
ordinary
|
Purchase
|
1,849
|
4.6300 GBP
|
|
10p
ordinary
|
Purchase
|
1,724
|
4.6700 GBP
|
|
10p
ordinary
|
Purchase
|
1,617
|
4.6200 GBP
|
|
10p
ordinary
|
Purchase
|
1,553
|
4.6551 GBP
|
|
10p
ordinary
|
Purchase
|
1,438
|
4.6260 GBP
|
|
10p
ordinary
|
Purchase
|
1,292
|
4.6860 GBP
|
|
10p
ordinary
|
Purchase
|
1,289
|
4.6220 GBP
|
|
10p
ordinary
|
Purchase
|
1,268
|
4.6123 GBP
|
|
10p
ordinary
|
Purchase
|
1,224
|
4.6269 GBP
|
|
10p
ordinary
|
Purchase
|
1,109
|
4.6320 GBP
|
|
10p
ordinary
|
Purchase
|
1,042
|
4.6130 GBP
|
|
10p
ordinary
|
Purchase
|
718
|
4.6120 GBP
|
|
10p
ordinary
|
Purchase
|
670
|
4.6080 GBP
|
|
10p
ordinary
|
Purchase
|
655
|
4.6175 GBP
|
|
10p
ordinary
|
Purchase
|
650
|
4.6160 GBP
|
|
10p
ordinary
|
Purchase
|
438
|
4.6356 GBP
|
|
10p
ordinary
|
Purchase
|
284
|
4.6900 GBP
|
|
10p
ordinary
|
Purchase
|
232
|
4.6697 GBP
|
|
10p
ordinary
|
Purchase
|
161
|
4.6650 GBP
|
|
10p
ordinary
|
Sale
|
809,000
|
4.6674 GBP
|
|
10p
ordinary
|
Sale
|
404,500
|
4.6603 GBP
|
|
10p
ordinary
|
Sale
|
190,434
|
4.6505 GBP
|
|
10p
ordinary
|
Sale
|
94,633
|
4.6620 GBP
|
|
10p
ordinary
|
Sale
|
76,747
|
4.6613 GBP
|
|
10p
ordinary
|
Sale
|
75,000
|
4.6177 GBP
|
|
10p
ordinary
|
Sale
|
71,266
|
4.6528 GBP
|
|
10p
ordinary
|
Sale
|
66,361
|
4.6729 GBP
|
|
10p
ordinary
|
Sale
|
62,433
|
4.6627 GBP
|
|
10p
ordinary
|
Sale
|
60,295
|
4.6551 GBP
|
|
10p
ordinary
|
Sale
|
55,848
|
4.6536 GBP
|
|
10p
ordinary
|
Sale
|
55,750
|
4.6420 GBP
|
|
10p
ordinary
|
Sale
|
42,515
|
4.6465 GBP
|
|
10p
ordinary
|
Sale
|
37,410
|
4.6693 GBP
|
|
10p
ordinary
|
Sale
|
27,875
|
4.6540 GBP
|
|
10p
ordinary
|
Sale
|
27,875
|
4.6200 GBP
|
|
10p
ordinary
|
Sale
|
23,434
|
4.6514 GBP
|
|
10p
ordinary
|
Sale
|
19,935
|
4.6610 GBP
|
|
10p
ordinary
|
Sale
|
18,030
|
4.6501 GBP
|
|
10p
ordinary
|
Sale
|
16,145
|
4.6622 GBP
|
|
10p
ordinary
|
Sale
|
13,437
|
4.6479 GBP
|
|
10p
ordinary
|
Sale
|
13,054
|
4.6531 GBP
|
|
10p
ordinary
|
Sale
|
10,654
|
4.6411 GBP
|
|
10p
ordinary
|
Sale
|
10,455
|
4.6406 GBP
|
|
10p
ordinary
|
Sale
|
10,036
|
4.6507 GBP
|
|
10p
ordinary
|
Sale
|
8,560
|
4.6537 GBP
|
|
10p
ordinary
|
Sale
|
6,475
|
4.6180 GBP
|
|
10p
ordinary
|
Sale
|
5,485
|
4.6308 GBP
|
|
10p
ordinary
|
Sale
|
4,512
|
4.6592 GBP
|
|
10p
ordinary
|
Sale
|
3,332
|
4.6643 GBP
|
|
10p
ordinary
|
Sale
|
3,313
|
4.6396 GBP
|
|
10p
ordinary
|
Sale
|
2,751
|
4.6590 GBP
|
|
10p
ordinary
|
Sale
|
1,786
|
4.6340 GBP
|
|
10p
ordinary
|
Sale
|
1,742
|
4.6260 GBP
|
|
10p
ordinary
|
Sale
|
1,700
|
4.6423 GBP
|
|
10p
ordinary
|
Sale
|
1,318
|
4.6512 GBP
|
|
10p
ordinary
|
Sale
|
1,290
|
4.6638 GBP
|
|
10p
ordinary
|
Sale
|
1,253
|
4.6300 GBP
|
|
10p
ordinary
|
Sale
|
1,109
|
4.6320 GBP
|
|
10p
ordinary
|
Sale
|
1,109
|
4.6324 GBP
|
|
10p
ordinary
|
Sale
|
944
|
4.6619 GBP
|
|
10p
ordinary
|
Sale
|
843
|
4.6220 GBP
|
|
10p
ordinary
|
Sale
|
830
|
4.6160 GBP
|
|
10p
ordinary
|
Sale
|
718
|
4.6120 GBP
|
|
10p
ordinary
|
Sale
|
694
|
4.6690 GBP
|
|
10p
ordinary
|
Sale
|
670
|
4.6080 GBP
|
|
10p
ordinary
|
Sale
|
70
|
4.6630 GBP
|
|
|
|
|
|
|
|
|
|
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(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 Short
|
5,485
|
4.6308 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
52
|
4.6340 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,700
|
4.6423 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
190,434
|
4.6505 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
31,966
|
4.6509 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
47,699
|
4.6521 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
71,266
|
4.6528 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
404,500
|
4.6603 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
19,935
|
4.6610 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
7,600
|
4.6613 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
23,223
|
4.6619 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,250
|
4.6620 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
809,000
|
4.6674 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
37,410
|
4.6693 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
33,171
|
4.6702 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,458
|
4.6246 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
438
|
4.6356 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,308
|
4.6595 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
174,606
|
4.6600 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
18,261
|
4.6620 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,521
|
4.6625 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
7,218
|
4.6673 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,674
|
4.6702 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
284
|
4.6900 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,018,493
|
4.6620 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
69,147
|
4.6613 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,018,493
|
4.6620 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
35
|
4.6682 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:
|
03 Oct 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
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