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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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07
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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28,432,433
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2.06%
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25,362,363
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1.84%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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11,592,350
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0.84%
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27,335,157
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1.98%
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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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40,024,783
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2.90%
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52,697,520
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3.82%
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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
|
349,044
|
4.5896 GBP
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|
10p
ordinary
|
Purchase
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300,000
|
4.5901 GBP
|
|
10p
ordinary
|
Purchase
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300,000
|
4.5940 GBP
|
|
10p
ordinary
|
Purchase
|
250,391
|
4.5649 GBP
|
|
10p
ordinary
|
Purchase
|
95,391
|
4.5600 GBP
|
|
10p
ordinary
|
Purchase
|
68,985
|
4.5895 GBP
|
|
10p
ordinary
|
Purchase
|
60,309
|
4.5702 GBP
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|
10p
ordinary
|
Purchase
|
57,719
|
4.5949 GBP
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|
10p
ordinary
|
Purchase
|
21,034
|
4.5657 GBP
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|
10p
ordinary
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Purchase
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18,358
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4.5915 GBP
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|
10p
ordinary
|
Purchase
|
15,815
|
4.5957 GBP
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|
10p
ordinary
|
Purchase
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14,163
|
4.5869 GBP
|
|
10p
ordinary
|
Purchase
|
10,372
|
4.5928 GBP
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|
10p
ordinary
|
Purchase
|
9,936
|
4.5800 GBP
|
|
10p
ordinary
|
Purchase
|
7,912
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4.6055 GBP
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|
10p
ordinary
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Purchase
|
6,574
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4.6027 GBP
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|
10p
ordinary
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Purchase
|
5,949
|
4.6074 GBP
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|
10p
ordinary
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Purchase
|
4,949
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4.6070 GBP
|
|
10p
ordinary
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Purchase
|
3,851
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4.6105 GBP
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|
10p
ordinary
|
Purchase
|
2,756
|
4.5786 GBP
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|
10p
ordinary
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Purchase
|
2,666
|
4.5968 GBP
|
|
10p
ordinary
|
Purchase
|
2,650
|
4.5838 GBP
|
|
10p
ordinary
|
Purchase
|
2,587
|
4.5905 GBP
|
|
10p
ordinary
|
Purchase
|
2,282
|
4.5840 GBP
|
|
10p
ordinary
|
Purchase
|
2,267
|
4.5868 GBP
|
|
10p
ordinary
|
Purchase
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1,043
|
4.6060 GBP
|
|
10p
ordinary
|
Purchase
|
896
|
4.6079 GBP
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|
10p
ordinary
|
Purchase
|
745
|
4.5860 GBP
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|
10p
ordinary
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Purchase
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347
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4.5880 GBP
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|
10p
ordinary
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Purchase
|
96
|
4.6020 GBP
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10p
ordinary
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Sale
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1,137,308
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4.5841 GBP
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10p
ordinary
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Sale
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568,985
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4.5900 GBP
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|
10p
ordinary
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Sale
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227,179
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4.5762 GBP
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|
10p
ordinary
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Sale
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214,396
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4.5777 GBP
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|
10p
ordinary
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Sale
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113,475
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4.5930 GBP
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|
10p
ordinary
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Sale
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100,228
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4.5914 GBP
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|
10p
ordinary
|
Sale
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96,979
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4.5908 GBP
|
|
10p
ordinary
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Sale
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71,040
|
4.5957 GBP
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|
10p
ordinary
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Sale
|
61,660
|
4.5898 GBP
|
|
10p
ordinary
|
Sale
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56,067
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4.5600 GBP
|
|
10p
ordinary
|
Sale
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53,114
|
4.5590 GBP
|
|
10p
ordinary
|
Sale
|
28,938
|
4.5901 GBP
|
|
10p
ordinary
|
Sale
|
28,891
|
4.5969 GBP
|
|
10p
ordinary
|
Sale
|
26,943
|
4.5870 GBP
|
|
10p
ordinary
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Sale
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19,839
|
4.5920 GBP
|
|
10p
ordinary
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Sale
|
17,524
|
4.5857 GBP
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|
10p
ordinary
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Sale
|
15,815
|
4.5962 GBP
|
|
10p
ordinary
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Sale
|
15,803
|
4.5964 GBP
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|
10p
ordinary
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Sale
|
15,600
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4.5796 GBP
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|
10p
ordinary
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Sale
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12,317
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4.5922 GBP
|
|
10p
ordinary
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Sale
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10,813
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4.6030 GBP
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|
10p
ordinary
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Sale
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9,458
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4.5816 GBP
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|
10p
ordinary
|
Sale
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9,362
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4.5975 GBP
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|
10p
ordinary
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Sale
|
9,332
|
4.6020 GBP
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|
10p
ordinary
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Sale
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9,287
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4.5944 GBP
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|
10p
ordinary
|
Sale
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9,132
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4.5675 GBP
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|
10p
ordinary
|
Sale
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7,912
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4.6059 GBP
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|
10p
ordinary
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Sale
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7,458
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4.5835 GBP
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|
10p
ordinary
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Sale
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5,961
|
4.5931 GBP
|
|
10p
ordinary
|
Sale
|
5,805
|
4.5840 GBP
|
|
10p
ordinary
|
Sale
|
4,012
|
4.5932 GBP
|
|
10p
ordinary
|
Sale
|
3,851
|
4.6109 GBP
|
|
10p
ordinary
|
Sale
|
3,764
|
4.6010 GBP
|
|
10p
ordinary
|
Sale
|
3,283
|
4.6215 GBP
|
|
10p
ordinary
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Sale
|
3,072
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4.5935 GBP
|
|
10p
ordinary
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Sale
|
2,491
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4.5887 GBP
|
|
10p
ordinary
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Sale
|
2,440
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4.5924 GBP
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|
10p
ordinary
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Sale
|
2,353
|
4.5798 GBP
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|
10p
ordinary
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Sale
|
2,169
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4.5895 GBP
|
|
10p
ordinary
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Sale
|
1,819
|
4.5849 GBP
|
|
10p
ordinary
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Sale
|
1,043
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4.6060 GBP
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|
10p
ordinary
|
Sale
|
896
|
4.6079 GBP
|
|
10p
ordinary
|
Sale
|
745
|
4.5860 GBP
|
|
10p
ordinary
|
Sale
|
595
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4.5800 GBP
|
|
10p
ordinary
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Sale
|
520
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4.5939 GBP
|
|
10p
ordinary
|
Sale
|
413
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4.6094 GBP
|
|
10p
ordinary
|
Sale
|
347
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4.5884 GBP
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10p
ordinary
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Sale
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16
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4.6100 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
|
Price per
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|
relevant
|
description
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|
reference
|
unit
|
|
security
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|
|
securities
|
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|
10p
ordinary
|
SWAP
|
Decreasing Short
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1,717,907
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4.5788 USD
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|
10p
ordinary
|
SWAP
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Decreasing Short
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1,568,093
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4.6296 USD
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|
10p
ordinary
|
SWAP
|
Decreasing Short
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53,114
|
4.5590 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
57,969
|
4.5600 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
143,565
|
4.5780 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
38,513
|
4.5887 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,169
|
4.5895 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
96,979
|
4.5908 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
100,228
|
4.5914 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,012
|
4.5932 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,072
|
4.5935 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
29,596
|
4.5943 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
71,040
|
4.5957 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
38
|
4.6640 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
219,346
|
4.5600 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,268
|
4.5669 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,195
|
4.5765 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
11,737
|
4.5766 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,267
|
4.5868 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
14,163
|
4.5869 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
300,000
|
4.5901 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
300,000
|
4.5939 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
57,719
|
4.5949 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
15,518
|
4.5966 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
30,120
|
4.5992 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,574
|
4.6027 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
978
|
4.6112 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
29,171
|
4.5600 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
4,910
|
4.5866 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
481
|
4.5600 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
374
|
4.5732 GBP
|
|
|
|
|
|
|
|
|
|
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(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
|
|
|
|
|
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|
|
|
|
|
|
|
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|
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(ii)
|
Exercising
|
|
|
|
|
|
|
|
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)
|
|
|
|
|
|
|
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:
|
08 Oct 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
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