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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
positions disclosed, if different from
1(a):
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(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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DS
SMITH PLC
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(d)
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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:
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21
Nov 2024
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(f)
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In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
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YES:
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
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)
Relevant securities owned and/or controlled:
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29,801,961
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2.15%
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23,174,178
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1.67%
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(2)
Cash-settled derivatives:
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12,027,575
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0.87%
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28,779,963
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2.08%
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(3)
Stock-settled derivatives (including options) 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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41,829,536
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3.02%
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51,954,141
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3.75%
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(b)
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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.
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DEALINGS (IF ANY) BY THE PERSON MAKING THE
DISCLOSURE
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Number of
securities
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Price per
unit
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10p
ordinary
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Purchase
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333,106
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5.8198 GBP
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10p
ordinary
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Purchase
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270,000
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5.7804 GBP
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|
10p
ordinary
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Purchase
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269,286
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5.8249 GBP
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|
10p
ordinary
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Purchase
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250,000
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5.6928 GBP
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|
10p
ordinary
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Purchase
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94,100
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5.8158 GBP
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|
10p
ordinary
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Purchase
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83,501
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5.7914 GBP
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|
10p
ordinary
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Purchase
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83,219
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5.8393 GBP
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|
10p
ordinary
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Purchase
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81,448
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5.8141 GBP
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10p
ordinary
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Purchase
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60,062
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5.8270 GBP
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|
10p
ordinary
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Purchase
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55,924
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5.8300 GBP
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|
10p
ordinary
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Purchase
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50,800
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5.8131 GBP
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|
10p
ordinary
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Purchase
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40,617
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5.8307 GBP
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|
10p
ordinary
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Purchase
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36,750
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5.8022 GBP
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|
10p
ordinary
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Purchase
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34,080
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5.8311 GBP
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|
10p
ordinary
|
Purchase
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33,804
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5.8193 GBP
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|
10p
ordinary
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Purchase
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27,834
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5.7847 GBP
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|
10p
ordinary
|
Purchase
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27,834
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5.8054 GBP
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|
10p
ordinary
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Purchase
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23,990
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5.8272 GBP
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|
10p
ordinary
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Purchase
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18,966
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5.8202 GBP
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|
10p
ordinary
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Purchase
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14,191
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5.8115 GBP
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|
10p
ordinary
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Purchase
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11,749
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5.8146 GBP
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|
10p
ordinary
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Purchase
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11,604
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5.7925 GBP
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|
10p
ordinary
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Purchase
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7,109
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5.8100 GBP
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|
10p
ordinary
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Purchase
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5,741
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5.8197 GBP
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|
10p
ordinary
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Purchase
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5,547
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5.8079 GBP
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|
10p
ordinary
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Purchase
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5,078
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5.7984 GBP
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|
10p
ordinary
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Purchase
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4,228
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5.7940 GBP
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|
10p
ordinary
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Purchase
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2,881
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5.7965 GBP
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|
10p
ordinary
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Purchase
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2,172
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5.7900 GBP
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|
10p
ordinary
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Purchase
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2,100
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5.7770 GBP
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|
10p
ordinary
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Purchase
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1,889
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5.7893 GBP
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|
10p
ordinary
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Purchase
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1,597
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5.7850 GBP
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|
10p
ordinary
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Purchase
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1,579
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5.8051 GBP
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|
10p
ordinary
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Purchase
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857
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5.7788 GBP
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10p
ordinary
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Purchase
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602
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5.8466 GBP
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10p
ordinary
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Purchase
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240
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5.7700 GBP
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10p
ordinary
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Sale
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123,735
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5.8038 GBP
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10p
ordinary
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Sale
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122,307
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5.8176 GBP
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10p
ordinary
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Sale
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73,652
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5.8132 GBP
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10p
ordinary
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Sale
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70,584
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5.8116 GBP
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|
10p
ordinary
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Sale
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60,062
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5.8269 GBP
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10p
ordinary
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Sale
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59,127
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5.7879 GBP
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10p
ordinary
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Sale
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40,343
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5.8300 GBP
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10p
ordinary
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Sale
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18,523
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5.7988 GBP
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10p
ordinary
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Sale
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14,585
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5.7860 GBP
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10p
ordinary
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Sale
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11,145
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5.8267 GBP
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10p
ordinary
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Sale
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10,343
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5.8161 GBP
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10p
ordinary
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Sale
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9,001
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5.7895 GBP
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10p
ordinary
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Sale
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8,933
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5.8180 GBP
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|
10p
ordinary
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Sale
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7,867
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5.8537 GBP
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|
10p
ordinary
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Sale
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5,476
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5.8080 GBP
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10p
ordinary
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Sale
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3,703
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5.7985 GBP
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10p
ordinary
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Sale
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3,259
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5.8215 GBP
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10p
ordinary
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Sale
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2,578
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5.8139 GBP
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10p
ordinary
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Sale
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2,354
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5.7922 GBP
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10p
ordinary
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Sale
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1,638
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5.7900 GBP
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|
10p
ordinary
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Sale
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1,251
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5.8021 GBP
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10p
ordinary
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Sale
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1,237
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5.7950 GBP
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10p
ordinary
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Sale
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1,236
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5.7907 GBP
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|
10p
ordinary
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Sale
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977
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5.8006 GBP
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|
10p
ordinary
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Sale
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737
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5.8074 GBP
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|
10p
ordinary
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Sale
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686
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5.8250 GBP
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|
10p
ordinary
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Sale
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633
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5.7873 GBP
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|
10p
ordinary
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Sale
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485
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5.8100 GBP
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|
10p
ordinary
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Sale
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7
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5.8550 GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
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10p
ordinary
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SWAP
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Decreasing Short
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524
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5.7850 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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21,397
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5.7879 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,354
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5.7922 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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29,925
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5.8019 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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123,735
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5.8038 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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70,584
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5.8116 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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53,963
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5.8201 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
|
99
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5.8300 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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7,867
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5.8537 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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40,577
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5.6868 GBP
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10p
ordinary
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SWAP
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Increasing Short
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250,000
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5.6928 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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240
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5.7700 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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857
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5.7788 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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270,000
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5.7804 USD
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10p
ordinary
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SWAP
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Increasing Short
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5,078
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5.7984 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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36,750
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5.8022 USD
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|
10p
ordinary
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SWAP
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Increasing Short
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27,834
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5.8054 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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50,800
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5.8131 GBP
|
|
10p
ordinary
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SWAP
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Increasing Short
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280,726
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5.8190 GBP
|
|
10p
ordinary
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SWAP
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Increasing Short
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127,114
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5.8222 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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70,499
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5.8271 GBP
|
|
10p
ordinary
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SWAP
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Increasing Short
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23,990
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5.8272 GBP
|
|
10p
ordinary
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SWAP
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Increasing Short
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39,802
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5.8289 GBP
|
|
10p
ordinary
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SWAP
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Increasing Short
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45,101
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5.8300 GBP
|
|
10p
ordinary
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SWAP
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Increasing Short
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40,617
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5.8307 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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34,080
|
5.8311 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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83,219
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5.8393 USD
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|
10p
ordinary
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SWAP
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Increasing Short
|
602
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5.8466 GBP
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|
10p
ordinary
|
CFD
|
Decreasing Short
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7,096
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5.7816 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
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30,000
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5.8147 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
268
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5.8300 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
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82,911
|
5.7974 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
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60,062
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5.8269 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
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111,603
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5.8300 GBP
|
|
|
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(c)
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Stock-settled derivative transactions
(including options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
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|
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(ii)
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Exercising
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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(d)
|
Other dealings (including subscribing for
new securities)
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|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
applicable)
|
|
|
|
|
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4.
|
OTHER INFORMATION
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(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 person making the
disclosure and any party
to the offer or any person acting in concert with a party to
the offer:
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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
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(c)
|
Attachments
|
|
|
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|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
22 Nov 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
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020 3134
7213
|