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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|
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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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|
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offeror/offeree, state this and specify identity
of
|
|
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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28
May 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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|
|
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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
|
|
Interests
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Short
Positions
|
|
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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32,322,780
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2.34%
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18,997,059
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1.38%
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(2)
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Cash-settled derivatives:
|
|
|
|
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and/or controlled:
|
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8,005,268
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0.58%
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31,016,754
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2.25%
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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%
|
0
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0.00%
|
|
|
|
|
|
|
|
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TOTAL:
|
|
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40,328,048
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2.92%
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50,013,813
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3.63%
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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
|
Price per
unit
|
security
|
|
securities
|
|
10p
ordinary
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Purchase
|
686,447
|
3.7421 GBP
|
10p
ordinary
|
Purchase
|
448,239
|
3.7440 GBP
|
10p
ordinary
|
Purchase
|
362,063
|
3.7156 GBP
|
10p
ordinary
|
Purchase
|
194,362
|
3.7405 GBP
|
10p
ordinary
|
Purchase
|
110,154
|
3.7302 GBP
|
10p
ordinary
|
Purchase
|
67,895
|
3.7162 GBP
|
10p
ordinary
|
Purchase
|
27,961
|
3.7159 GBP
|
10p
ordinary
|
Purchase
|
15,523
|
3.7271 GBP
|
10p
ordinary
|
Purchase
|
12,156
|
3.7187 GBP
|
10p
ordinary
|
Purchase
|
11,013
|
3.6971 GBP
|
10p
ordinary
|
Purchase
|
10,127
|
3.7238 GBP
|
10p
ordinary
|
Purchase
|
8,838
|
3.7303 GBP
|
10p
ordinary
|
Purchase
|
8,832
|
3.7068 GBP
|
10p
ordinary
|
Purchase
|
8,034
|
3.7188 GBP
|
10p
ordinary
|
Purchase
|
7,971
|
3.7191 GBP
|
10p
ordinary
|
Purchase
|
5,767
|
3.7040 GBP
|
10p
ordinary
|
Purchase
|
5,715
|
3.7020 GBP
|
10p
ordinary
|
Purchase
|
4,995
|
3.7307 GBP
|
10p
ordinary
|
Purchase
|
3,913
|
3.7054 GBP
|
10p
ordinary
|
Purchase
|
3,368
|
3.7060 GBP
|
10p
ordinary
|
Purchase
|
2,875
|
3.7441 GBP
|
10p
ordinary
|
Purchase
|
2,592
|
3.6996 GBP
|
10p
ordinary
|
Purchase
|
2,590
|
3.7540 GBP
|
10p
ordinary
|
Purchase
|
2,487
|
3.7169 GBP
|
10p
ordinary
|
Purchase
|
2,215
|
3.7299 GBP
|
10p
ordinary
|
Purchase
|
2,140
|
3.7500 GBP
|
10p
ordinary
|
Purchase
|
2,008
|
3.7266 GBP
|
10p
ordinary
|
Purchase
|
1,841
|
3.7520 GBP
|
10p
ordinary
|
Purchase
|
1,819
|
3.7291 GBP
|
10p
ordinary
|
Purchase
|
1,570
|
3.7200 GBP
|
10p
ordinary
|
Purchase
|
1,349
|
3.7511 GBP
|
10p
ordinary
|
Purchase
|
970
|
3.7560 GBP
|
10p
ordinary
|
Purchase
|
878
|
3.7080 GBP
|
10p
ordinary
|
Purchase
|
862
|
3.7280 GBP
|
10p
ordinary
|
Purchase
|
848
|
3.7400 GBP
|
10p
ordinary
|
Purchase
|
794
|
3.7480 GBP
|
10p
ordinary
|
Purchase
|
745
|
3.7180 GBP
|
10p
ordinary
|
Purchase
|
424
|
3.7219 GBP
|
10p
ordinary
|
Purchase
|
210
|
3.7550 GBP
|
10p
ordinary
|
Purchase
|
21
|
3.7429 GBP
|
10p
ordinary
|
Sale
|
549,043
|
3.7440 GBP
|
10p
ordinary
|
Sale
|
247,754
|
3.7309 GBP
|
10p
ordinary
|
Sale
|
134,593
|
3.7273 GBP
|
10p
ordinary
|
Sale
|
120,892
|
3.7437 GBP
|
10p
ordinary
|
Sale
|
70,872
|
3.7438 GBP
|
10p
ordinary
|
Sale
|
59,916
|
3.7439 GBP
|
10p
ordinary
|
Sale
|
35,903
|
3.7164 GBP
|
10p
ordinary
|
Sale
|
10,338
|
3.7048 GBP
|
10p
ordinary
|
Sale
|
9,494
|
3.6960 GBP
|
10p
ordinary
|
Sale
|
8,401
|
3.7072 GBP
|
10p
ordinary
|
Sale
|
6,962
|
3.7075 GBP
|
10p
ordinary
|
Sale
|
6,159
|
3.7006 GBP
|
10p
ordinary
|
Sale
|
5,020
|
3.7040 GBP
|
10p
ordinary
|
Sale
|
4,937
|
3.7038 GBP
|
10p
ordinary
|
Sale
|
3,107
|
3.7060 GBP
|
10p
ordinary
|
Sale
|
2,590
|
3.7540 GBP
|
10p
ordinary
|
Sale
|
2,140
|
3.7500 GBP
|
10p
ordinary
|
Sale
|
1,841
|
3.7520 GBP
|
10p
ordinary
|
Sale
|
1,828
|
3.7138 GBP
|
10p
ordinary
|
Sale
|
1,444
|
3.7020 GBP
|
10p
ordinary
|
Sale
|
1,299
|
3.7100 GBP
|
10p
ordinary
|
Sale
|
970
|
3.7560 GBP
|
10p
ordinary
|
Sale
|
878
|
3.7080 GBP
|
10p
ordinary
|
Sale
|
862
|
3.7280 GBP
|
10p
ordinary
|
Sale
|
794
|
3.7480 GBP
|
10p
ordinary
|
Sale
|
745
|
3.7360 GBP
|
10p
ordinary
|
Sale
|
212
|
3.7170 GBP
|
10p
ordinary
|
Sale
|
106
|
3.7400 GBP
|
10p
ordinary
|
Sale
|
716
|
3.7429 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
Short
|
45,598
|
3.7209 GBP
|
10p
ordinary
|
SWAP
|
Closing
Short
|
60,502
|
3.7210 GBP
|
10p
ordinary
|
SWAP
|
Closing
Short
|
135,096
|
3.7440 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
3,913
|
3.7054 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
93
|
3.7439 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
688
|
3.7000 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
866
|
3.7295 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,023
|
3.7440 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
2,590
|
3.7268 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,937
|
3.7038 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
6,159
|
3.7006 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
7,412
|
3.6995 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
42,077
|
3.7105 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
50,495
|
3.7123 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
134,593
|
3.7273 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
140,751
|
3.7426 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
10,338
|
3.7048 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
93
|
3.7439 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
261
|
3.7060 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
688
|
3.7000 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,592
|
3.6996 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,875
|
3.7441 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
37,667
|
3.7225 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
51,829
|
3.7161 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
61,931
|
3.7307 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
106,289
|
3.7440 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
110,154
|
3.7302 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
111,214
|
3.7439 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
362,063
|
3.7156 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
383,155
|
3.7440 GBP
|
|
|
|
|
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(c)
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Stock-settled derivative transactions (including
options)
|
|
(i)
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Writing, selling, purchasing or varying
|
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Class
|
Product
|
Writing,
|
Number
|
Exercise
|
Type
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Expiry
|
Option
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
security
|
|
varying etc
|
to which
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|
received
|
|
|
|
option
|
|
|
|
per unit
|
|
|
|
relates
|
|
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(ii)
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Exercising
|
|
|
|
|
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Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
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|
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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:
|
|
|
|
|
|
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NONE
|
(c)
|
Attachments
|
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|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
29 May 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
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