|
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
|
|
MORE
|
|
Rule 8.3 of the Takeover Code
(the "Code")
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1.
|
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
|
|
|
|
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
|
|
|
relevant securities this form relates:
|
|
(d)
|
If
an exempt fund manager connected with an
|
|
|
|
offeror/offeree, state this and specify identity
of
|
|
|
offeror/offeree:
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|
(e)
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Date position held/dealing undertaken:
|
13
Nov 2024
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(f)
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In
addition to the company in 1(c) above, is the discloser
making
|
YES:
|
|
|
|
|
disclosures in respect of any other party to the
offer?
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INTERNATIONAL PAPER COMPANY
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|
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2.
|
POSITIONS OF THE PERSON MAKING THE DISCLOSURE
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|
(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:
|
|
|
24,246,947
|
1.75%
|
23,113,415
|
1.67%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
11,970,516
|
0.87%
|
23,250,309
|
1.68%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
36,217,463
|
2.62%
|
46,363,724
|
3.35%
|
|
(b)
|
Rights to subscribe for new securities (including directors
and other executive
|
|
|
|
options)
|
|
|
|
|
|
|
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Class of relevant security in relation to
|
|
|
|
|
|
which subscription right exists
|
|
|
|
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Details, including nature of the rights
|
|
|
|
|
|
concerned and relevant percentages:
|
|
|
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3.
|
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
|
|
(a)
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Purchases and sales
|
|
|
|
|
|
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Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
|
security
|
|
securities
|
|
|
10p
ordinary
|
Purchase
|
414,837
|
5.6250 GBP
|
|
10p
ordinary
|
Purchase
|
325,985
|
5.6044 GBP
|
|
10p
ordinary
|
Purchase
|
209,680
|
5.6132 GBP
|
|
10p
ordinary
|
Purchase
|
151,118
|
5.6063 GBP
|
|
10p
ordinary
|
Purchase
|
140,990
|
5.6207 GBP
|
|
10p
ordinary
|
Purchase
|
113,042
|
5.6400 GBP
|
|
10p
ordinary
|
Purchase
|
79,828
|
5.5902 GBP
|
|
10p
ordinary
|
Purchase
|
51,876
|
5.6056 GBP
|
|
10p
ordinary
|
Purchase
|
33,323
|
5.6351 GBP
|
|
10p
ordinary
|
Purchase
|
30,489
|
5.5939 GBP
|
|
10p
ordinary
|
Purchase
|
24,059
|
5.6130 GBP
|
|
10p
ordinary
|
Purchase
|
23,307
|
5.5750 GBP
|
|
10p
ordinary
|
Purchase
|
21,984
|
5.6146 GBP
|
|
10p
ordinary
|
Purchase
|
17,611
|
5.6029 GBP
|
|
10p
ordinary
|
Purchase
|
13,430
|
5.6235 GBP
|
|
10p
ordinary
|
Purchase
|
12,477
|
5.6049 GBP
|
|
10p
ordinary
|
Purchase
|
11,805
|
5.6015 GBP
|
|
10p
ordinary
|
Purchase
|
11,227
|
5.6293 GBP
|
|
10p
ordinary
|
Purchase
|
10,562
|
5.6178 GBP
|
|
10p
ordinary
|
Purchase
|
9,699
|
5.6284 GBP
|
|
10p
ordinary
|
Purchase
|
9,660
|
5.6239 GBP
|
|
10p
ordinary
|
Purchase
|
9,117
|
5.5769 GBP
|
|
10p
ordinary
|
Purchase
|
8,109
|
5.6249 GBP
|
|
10p
ordinary
|
Purchase
|
6,139
|
5.6212 GBP
|
|
10p
ordinary
|
Purchase
|
6,054
|
5.5582 GBP
|
|
10p
ordinary
|
Purchase
|
4,903
|
5.6194 GBP
|
|
10p
ordinary
|
Purchase
|
4,760
|
5.6075 GBP
|
|
10p
ordinary
|
Purchase
|
4,529
|
5.5638 GBP
|
|
10p
ordinary
|
Purchase
|
3,854
|
5.5786 GBP
|
|
10p
ordinary
|
Purchase
|
3,489
|
5.6294 GBP
|
|
10p
ordinary
|
Purchase
|
3,433
|
5.6269 GBP
|
|
10p
ordinary
|
Purchase
|
2,619
|
5.6364 GBP
|
|
10p
ordinary
|
Purchase
|
2,441
|
5.5631 GBP
|
|
10p
ordinary
|
Purchase
|
2,338
|
5.6300 GBP
|
|
10p
ordinary
|
Purchase
|
2,270
|
5.6204 GBP
|
|
10p
ordinary
|
Purchase
|
2,124
|
5.5700 GBP
|
|
10p
ordinary
|
Purchase
|
1,982
|
5.6417 GBP
|
|
10p
ordinary
|
Purchase
|
1,813
|
5.5650 GBP
|
|
10p
ordinary
|
Purchase
|
1,449
|
5.6376 GBP
|
|
10p
ordinary
|
Purchase
|
1,397
|
5.5816 GBP
|
|
10p
ordinary
|
Purchase
|
1,394
|
5.5800 GBP
|
|
10p
ordinary
|
Purchase
|
1,288
|
5.6000 GBP
|
|
10p
ordinary
|
Purchase
|
1,216
|
5.5600 GBP
|
|
10p
ordinary
|
Purchase
|
1,123
|
5.5950 GBP
|
|
10p
ordinary
|
Purchase
|
1,048
|
5.5594 GBP
|
|
10p
ordinary
|
Purchase
|
703
|
5.5775 GBP
|
|
10p
ordinary
|
Purchase
|
528
|
5.6150 GBP
|
|
10p
ordinary
|
Purchase
|
430
|
5.5925 GBP
|
|
10p
ordinary
|
Purchase
|
390
|
5.5850 GBP
|
|
10p
ordinary
|
Sale
|
200,444
|
5.6158 GBP
|
|
10p
ordinary
|
Sale
|
135,591
|
5.6048 GBP
|
|
10p
ordinary
|
Sale
|
117,864
|
5.5919 GBP
|
|
10p
ordinary
|
Sale
|
94,148
|
5.6193 GBP
|
|
10p
ordinary
|
Sale
|
72,895
|
5.6067 GBP
|
|
10p
ordinary
|
Sale
|
71,911
|
5.5900 GBP
|
|
10p
ordinary
|
Sale
|
62,038
|
5.6231 GBP
|
|
10p
ordinary
|
Sale
|
54,282
|
5.5965 GBP
|
|
10p
ordinary
|
Sale
|
32,545
|
5.6144 GBP
|
|
10p
ordinary
|
Sale
|
24,723
|
5.6250 GBP
|
|
10p
ordinary
|
Sale
|
24,437
|
5.6106 GBP
|
|
10p
ordinary
|
Sale
|
23,889
|
5.6198 GBP
|
|
10p
ordinary
|
Sale
|
21,798
|
5.5863 GBP
|
|
10p
ordinary
|
Sale
|
20,125
|
5.6130 GBP
|
|
10p
ordinary
|
Sale
|
17,554
|
5.5803 GBP
|
|
10p
ordinary
|
Sale
|
17,029
|
5.5877 GBP
|
|
10p
ordinary
|
Sale
|
16,540
|
5.6103 GBP
|
|
10p
ordinary
|
Sale
|
15,575
|
5.5751 GBP
|
|
10p
ordinary
|
Sale
|
14,379
|
5.6083 GBP
|
|
10p
ordinary
|
Sale
|
11,805
|
5.6015 GBP
|
|
10p
ordinary
|
Sale
|
10,605
|
5.6268 GBP
|
|
10p
ordinary
|
Sale
|
10,292
|
5.5976 GBP
|
|
10p
ordinary
|
Sale
|
9,420
|
5.6035 GBP
|
|
10p
ordinary
|
Sale
|
9,169
|
5.6350 GBP
|
|
10p
ordinary
|
Sale
|
9,117
|
5.5775 GBP
|
|
10p
ordinary
|
Sale
|
8,784
|
5.6292 GBP
|
|
10p
ordinary
|
Sale
|
8,084
|
5.6036 GBP
|
|
10p
ordinary
|
Sale
|
7,424
|
5.5750 GBP
|
|
10p
ordinary
|
Sale
|
6,054
|
5.5587 GBP
|
|
10p
ordinary
|
Sale
|
5,894
|
5.5759 GBP
|
|
10p
ordinary
|
Sale
|
5,013
|
5.6295 GBP
|
|
10p
ordinary
|
Sale
|
4,181
|
5.6255 GBP
|
|
10p
ordinary
|
Sale
|
4,045
|
5.5772 GBP
|
|
10p
ordinary
|
Sale
|
3,806
|
5.6022 GBP
|
|
10p
ordinary
|
Sale
|
3,088
|
5.5958 GBP
|
|
10p
ordinary
|
Sale
|
2,825
|
5.6108 GBP
|
|
10p
ordinary
|
Sale
|
2,619
|
5.6364 GBP
|
|
10p
ordinary
|
Sale
|
2,441
|
5.5636 GBP
|
|
10p
ordinary
|
Sale
|
2,338
|
5.6300 GBP
|
|
10p
ordinary
|
Sale
|
2,264
|
5.5600 GBP
|
|
10p
ordinary
|
Sale
|
2,124
|
5.5700 GBP
|
|
10p
ordinary
|
Sale
|
1,921
|
5.6050 GBP
|
|
10p
ordinary
|
Sale
|
1,850
|
5.6260 GBP
|
|
10p
ordinary
|
Sale
|
1,748
|
5.6448 GBP
|
|
10p
ordinary
|
Sale
|
1,704
|
5.6325 GBP
|
|
10p
ordinary
|
Sale
|
1,665
|
5.6400 GBP
|
|
10p
ordinary
|
Sale
|
1,639
|
5.6333 GBP
|
|
10p
ordinary
|
Sale
|
1,449
|
5.6376 GBP
|
|
10p
ordinary
|
Sale
|
1,137
|
5.5954 GBP
|
|
10p
ordinary
|
Sale
|
1,075
|
5.6126 GBP
|
|
10p
ordinary
|
Sale
|
1,073
|
5.5650 GBP
|
|
10p
ordinary
|
Sale
|
730
|
5.6373 GBP
|
|
10p
ordinary
|
Sale
|
695
|
5.5925 GBP
|
|
10p
ordinary
|
Sale
|
668
|
5.6399 GBP
|
|
10p
ordinary
|
Sale
|
609
|
5.6000 GBP
|
|
10p
ordinary
|
Sale
|
549
|
5.5950 GBP
|
|
10p
ordinary
|
Sale
|
528
|
5.6150 GBP
|
|
10p
ordinary
|
Sale
|
505
|
5.6425 GBP
|
|
10p
ordinary
|
Sale
|
309
|
5.5500 GBP
|
|
|
|
|
|
|
|
|
|
|
(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
|
117,864
|
5.5919 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,137
|
5.5954 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,088
|
5.5958 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
7,714
|
5.6026 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
21,694
|
5.6052 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
72,895
|
5.6067 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
35,487
|
5.6086 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
19,068
|
5.6105 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
66,892
|
5.6241 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
730
|
5.6373 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
668
|
5.6399 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
8,016
|
5.5773 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,397
|
5.5816 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
430
|
5.5925 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,020
|
5.5939 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
574
|
5.5950 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
151,118
|
5.6063 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
7,940
|
5.6073 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
166,820
|
5.6135 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
67,999
|
5.6228 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
61,139
|
5.6248 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
312,571
|
5.6250 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
33,323
|
5.6351 USD
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,982
|
5.6417 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
11,805
|
5.6015 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
7,703
|
5.6159 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
70,000
|
5.6242 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
60,000
|
5.5887 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
4,584
|
5.6250 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:
|
14 Nov 2024
|
|
Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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