|
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")
|
|
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)
|
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:
|
|
(e)
|
Date position held/dealing undertaken:
|
24
May 2024
|
|
(f)
|
In
addition to the company in 1(c) above, is the discloser
making
|
YES:
|
|
|
|
|
disclosures in respect of any other party to the
offer?
|
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:
|
|
|
31,215,514
|
2.26%
|
19,438,719
|
1.41%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
8,271,143
|
0.60%
|
29,424,614
|
2.13%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
39,486,657
|
2.86%
|
48,863,333
|
3.54%
|
|
(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 EXEMPT PRINCIPAL
TRADER
|
|
(a)
|
Purchases and sales
|
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
|
security
|
|
securities
|
|
|
10p
ordinary
|
Purchase
|
1,000,000
|
3.7146 GBP
|
|
10p
ordinary
|
Purchase
|
865,928
|
3.6957 GBP
|
|
10p
ordinary
|
Purchase
|
428,933
|
3.7100 GBP
|
|
10p
ordinary
|
Purchase
|
382,252
|
3.6290 GBP
|
|
10p
ordinary
|
Purchase
|
358,040
|
3.6956 GBP
|
|
10p
ordinary
|
Purchase
|
330,355
|
3.6881 GBP
|
|
10p
ordinary
|
Purchase
|
301,907
|
3.7009 GBP
|
|
10p
ordinary
|
Purchase
|
285,639
|
3.6960 GBP
|
|
10p
ordinary
|
Purchase
|
201,743
|
3.6130 GBP
|
|
10p
ordinary
|
Purchase
|
200,274
|
3.7097 GBP
|
|
10p
ordinary
|
Purchase
|
123,687
|
3.6589 GBP
|
|
10p
ordinary
|
Purchase
|
123,650
|
3.6868 GBP
|
|
10p
ordinary
|
Purchase
|
100,000
|
3.6460 GBP
|
|
10p
ordinary
|
Purchase
|
62,431
|
3.6994 GBP
|
|
10p
ordinary
|
Purchase
|
61,974
|
3.6581 GBP
|
|
10p
ordinary
|
Purchase
|
56,060
|
3.7131 GBP
|
|
10p
ordinary
|
Purchase
|
55,071
|
3.7120 GBP
|
|
10p
ordinary
|
Purchase
|
52,492
|
3.6190 GBP
|
|
10p
ordinary
|
Purchase
|
39,632
|
3.7090 GBP
|
|
10p
ordinary
|
Purchase
|
39,135
|
3.7167 GBP
|
|
10p
ordinary
|
Purchase
|
26,954
|
3.7143 GBP
|
|
10p
ordinary
|
Purchase
|
25,911
|
3.6942 GBP
|
|
10p
ordinary
|
Purchase
|
25,621
|
3.6150 GBP
|
|
10p
ordinary
|
Purchase
|
18,035
|
3.7076 GBP
|
|
10p
ordinary
|
Purchase
|
16,285
|
3.6395 GBP
|
|
10p
ordinary
|
Purchase
|
14,150
|
3.7094 GBP
|
|
10p
ordinary
|
Purchase
|
11,871
|
3.6907 GBP
|
|
10p
ordinary
|
Purchase
|
11,753
|
3.6429 GBP
|
|
10p
ordinary
|
Purchase
|
11,101
|
3.6600 GBP
|
|
10p
ordinary
|
Purchase
|
9,852
|
3.6552 GBP
|
|
10p
ordinary
|
Purchase
|
8,490
|
3.6985 GBP
|
|
10p
ordinary
|
Purchase
|
8,119
|
3.7151 GBP
|
|
10p
ordinary
|
Purchase
|
7,733
|
3.6334 GBP
|
|
10p
ordinary
|
Purchase
|
7,579
|
3.7133 GBP
|
|
10p
ordinary
|
Purchase
|
7,500
|
3.6705 GBP
|
|
10p
ordinary
|
Purchase
|
5,000
|
3.6208 GBP
|
|
10p
ordinary
|
Purchase
|
4,532
|
3.7138 GBP
|
|
10p
ordinary
|
Purchase
|
3,252
|
3.7199 GBP
|
|
10p
ordinary
|
Purchase
|
2,622
|
3.7169 GBP
|
|
10p
ordinary
|
Purchase
|
2,612
|
3.7172 GBP
|
|
10p
ordinary
|
Purchase
|
2,092
|
3.7140 GBP
|
|
10p
ordinary
|
Purchase
|
2,000
|
3.7020 GBP
|
|
10p
ordinary
|
Purchase
|
1,851
|
3.7369 GBP
|
|
10p
ordinary
|
Purchase
|
1,558
|
3.6400 GBP
|
|
10p
ordinary
|
Purchase
|
1,449
|
3.7154 GBP
|
|
10p
ordinary
|
Purchase
|
1,405
|
3.7059 GBP
|
|
10p
ordinary
|
Purchase
|
1,305
|
3.7163 GBP
|
|
10p
ordinary
|
Purchase
|
1,236
|
3.7040 GBP
|
|
10p
ordinary
|
Purchase
|
1,150
|
3.6280 GBP
|
|
10p
ordinary
|
Purchase
|
1,027
|
3.7060 GBP
|
|
10p
ordinary
|
Purchase
|
856
|
3.7200 GBP
|
|
10p
ordinary
|
Purchase
|
795
|
3.7400 GBP
|
|
10p
ordinary
|
Purchase
|
761
|
3.6980 GBP
|
|
10p
ordinary
|
Purchase
|
740
|
3.7180 GBP
|
|
10p
ordinary
|
Purchase
|
687
|
3.7160 GBP
|
|
10p
ordinary
|
Purchase
|
592
|
3.7360 GBP
|
|
10p
ordinary
|
Purchase
|
341
|
3.6820 GBP
|
|
10p
ordinary
|
Purchase
|
339
|
3.6920 GBP
|
|
10p
ordinary
|
Sale
|
1,289,005
|
3.6960 GBP
|
|
10p
ordinary
|
Sale
|
610,000
|
3.7280 GBP
|
|
10p
ordinary
|
Sale
|
382,373
|
3.7029 GBP
|
|
10p
ordinary
|
Sale
|
247,384
|
3.6456 GBP
|
|
10p
ordinary
|
Sale
|
232,364
|
3.6138 GBP
|
|
10p
ordinary
|
Sale
|
189,788
|
3.7101 GBP
|
|
10p
ordinary
|
Sale
|
150,000
|
3.7161 GBP
|
|
10p
ordinary
|
Sale
|
120,457
|
3.6962 GBP
|
|
10p
ordinary
|
Sale
|
90,271
|
3.7067 GBP
|
|
10p
ordinary
|
Sale
|
78,864
|
3.7043 GBP
|
|
10p
ordinary
|
Sale
|
49,648
|
3.7078 GBP
|
|
10p
ordinary
|
Sale
|
45,852
|
3.7111 GBP
|
|
10p
ordinary
|
Sale
|
40,860
|
3.6433 GBP
|
|
10p
ordinary
|
Sale
|
39,632
|
3.7093 GBP
|
|
10p
ordinary
|
Sale
|
33,943
|
3.6490 GBP
|
|
10p
ordinary
|
Sale
|
27,243
|
3.6400 GBP
|
|
10p
ordinary
|
Sale
|
22,113
|
3.6961 GBP
|
|
10p
ordinary
|
Sale
|
21,290
|
3.7076 GBP
|
|
10p
ordinary
|
Sale
|
15,844
|
3.7128 GBP
|
|
10p
ordinary
|
Sale
|
11,101
|
3.6600 GBP
|
|
10p
ordinary
|
Sale
|
10,106
|
3.7063 GBP
|
|
10p
ordinary
|
Sale
|
8,048
|
3.7099 GBP
|
|
10p
ordinary
|
Sale
|
6,299
|
3.7053 GBP
|
|
10p
ordinary
|
Sale
|
5,622
|
3.6878 GBP
|
|
10p
ordinary
|
Sale
|
3,754
|
3.7090 GBP
|
|
10p
ordinary
|
Sale
|
3,610
|
3.7292 GBP
|
|
10p
ordinary
|
Sale
|
2,747
|
3.7100 GBP
|
|
10p
ordinary
|
Sale
|
2,480
|
3.6725 GBP
|
|
10p
ordinary
|
Sale
|
2,463
|
3.7170 GBP
|
|
10p
ordinary
|
Sale
|
2,455
|
3.7054 GBP
|
|
10p
ordinary
|
Sale
|
2,194
|
3.6862 GBP
|
|
10p
ordinary
|
Sale
|
2,054
|
3.7008 GBP
|
|
10p
ordinary
|
Sale
|
2,007
|
3.7360 GBP
|
|
10p
ordinary
|
Sale
|
2,000
|
3.7020 GBP
|
|
10p
ordinary
|
Sale
|
2,000
|
3.7120 GBP
|
|
10p
ordinary
|
Sale
|
1,966
|
3.6512 GBP
|
|
10p
ordinary
|
Sale
|
1,560
|
3.6678 GBP
|
|
10p
ordinary
|
Sale
|
1,556
|
3.7140 GBP
|
|
10p
ordinary
|
Sale
|
1,236
|
3.7040 GBP
|
|
10p
ordinary
|
Sale
|
1,219
|
3.6980 GBP
|
|
10p
ordinary
|
Sale
|
1,027
|
3.7060 GBP
|
|
10p
ordinary
|
Sale
|
856
|
3.7200 GBP
|
|
10p
ordinary
|
Sale
|
761
|
3.6984 GBP
|
|
10p
ordinary
|
Sale
|
740
|
3.7180 GBP
|
|
10p
ordinary
|
Sale
|
687
|
3.7160 GBP
|
|
10p
ordinary
|
Sale
|
536
|
3.7143 GBP
|
|
10p
ordinary
|
Sale
|
530
|
3.7158 GBP
|
|
10p
ordinary
|
Sale
|
463
|
3.6940 GBP
|
|
10p
ordinary
|
Sale
|
383
|
3.6992 GBP
|
|
10p
ordinary
|
Sale
|
341
|
3.6820 GBP
|
|
10p
ordinary
|
Sale
|
155
|
3.7000 GBP
|
|
10p
ordinary
|
Sale
|
81
|
3.6920 GBP
|
|
10p
ordinary
|
Sale
|
-1,528
|
3.6933 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
|
Closing
Long
|
382,252
|
3.6290 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
586
|
3.7100 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,191
|
3.6960 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,305
|
3.7163 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,449
|
3.7154 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,886
|
3.7095 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
4,532
|
3.7138 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
5,758
|
3.7000 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
8,119
|
3.7151 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
8,490
|
3.6985 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
19,045
|
3.7131 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
26,954
|
3.7143 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
33,377
|
3.7196 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
14
|
3.6957 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
237
|
3.6959 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
739
|
3.6823 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,560
|
3.6678 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,054
|
3.7008 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,908
|
3.6600 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,622
|
3.6878 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
6,798
|
3.7131 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
10,106
|
3.7063 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
11,101
|
3.6600 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
77,443
|
3.6953 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
78,864
|
3.7043 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
167,306
|
3.7081 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
202,543
|
3.7052 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
530
|
3.7158 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
14
|
3.6957 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
237
|
3.6959 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
715
|
3.7320 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,931
|
3.7400 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,622
|
3.7169 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,252
|
3.7199 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,000
|
3.6208 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
25,606
|
3.7094 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
33,836
|
3.6956 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
44,956
|
3.7124 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
51,767
|
3.7120 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
64,137
|
3.7130 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
206,741
|
3.7097 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
258,325
|
3.6960 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
330,355
|
3.6881 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
527,768
|
3.6960 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
45,999
|
3.6919 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
90,790
|
3.7101 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
358,040
|
3.6956 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
425,600
|
3.7100 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
1,011,149
|
3.6960 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:
|
28 May 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|