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:
|
01
Jul 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:
|
|
|
29,847,734
|
2.16%
|
22,422,347
|
1.63%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
9,039,549
|
0.66%
|
29,205,152
|
2.12%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
38,887,283
|
2.82%
|
51,627,499
|
3.74%
|
(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
|
1,002,629
|
4.1957 GBP
|
10p
ordinary
|
Purchase
|
500,000
|
4.2021 GBP
|
10p
ordinary
|
Purchase
|
471,944
|
4.2154 GBP
|
10p
ordinary
|
Purchase
|
397,773
|
4.2061 GBP
|
10p
ordinary
|
Purchase
|
358,000
|
4.1989 GBP
|
10p
ordinary
|
Purchase
|
300,000
|
4.1959 GBP
|
10p
ordinary
|
Purchase
|
178,943
|
4.1990 GBP
|
10p
ordinary
|
Purchase
|
153,284
|
4.1992 GBP
|
10p
ordinary
|
Purchase
|
139,002
|
4.2070 GBP
|
10p
ordinary
|
Purchase
|
89,528
|
4.2035 GBP
|
10p
ordinary
|
Purchase
|
85,037
|
4.2174 GBP
|
10p
ordinary
|
Purchase
|
78,897
|
4.2158 GBP
|
10p
ordinary
|
Purchase
|
74,359
|
4.2084 GBP
|
10p
ordinary
|
Purchase
|
59,570
|
4.1920 GBP
|
10p
ordinary
|
Purchase
|
59,307
|
4.2044 GBP
|
10p
ordinary
|
Purchase
|
59,218
|
4.2056 GBP
|
10p
ordinary
|
Purchase
|
55,514
|
4.2004 GBP
|
10p
ordinary
|
Purchase
|
51,686
|
4.2125 GBP
|
10p
ordinary
|
Purchase
|
47,038
|
4.1927 GBP
|
10p
ordinary
|
Purchase
|
31,903
|
4.2063 GBP
|
10p
ordinary
|
Purchase
|
28,623
|
4.2170 GBP
|
10p
ordinary
|
Purchase
|
28,510
|
4.2137 GBP
|
10p
ordinary
|
Purchase
|
27,757
|
4.2083 GBP
|
10p
ordinary
|
Purchase
|
18,579
|
4.2120 GBP
|
10p
ordinary
|
Purchase
|
17,997
|
4.2099 GBP
|
10p
ordinary
|
Purchase
|
17,385
|
4.2027 GBP
|
10p
ordinary
|
Purchase
|
14,874
|
4.2045 GBP
|
10p
ordinary
|
Purchase
|
13,276
|
4.2066 GBP
|
10p
ordinary
|
Purchase
|
11,951
|
4.2081 GBP
|
10p
ordinary
|
Purchase
|
10,027
|
4.2042 GBP
|
10p
ordinary
|
Purchase
|
6,932
|
4.2039 GBP
|
10p
ordinary
|
Purchase
|
6,473
|
4.2100 GBP
|
10p
ordinary
|
Purchase
|
6,464
|
4.2074 GBP
|
10p
ordinary
|
Purchase
|
5,400
|
4.1924 GBP
|
10p
ordinary
|
Purchase
|
4,399
|
4.2160 GBP
|
10p
ordinary
|
Purchase
|
4,088
|
4.2165 GBP
|
10p
ordinary
|
Purchase
|
3,723
|
4.2095 GBP
|
10p
ordinary
|
Purchase
|
3,689
|
4.1980 GBP
|
10p
ordinary
|
Purchase
|
2,866
|
4.2040 GBP
|
10p
ordinary
|
Purchase
|
2,839
|
4.2000 GBP
|
10p
ordinary
|
Purchase
|
2,596
|
4.2085 GBP
|
10p
ordinary
|
Purchase
|
2,500
|
4.2104 GBP
|
10p
ordinary
|
Purchase
|
2,197
|
4.2060 GBP
|
10p
ordinary
|
Purchase
|
2,164
|
4.1985 GBP
|
10p
ordinary
|
Purchase
|
2,142
|
4.2180 GBP
|
10p
ordinary
|
Purchase
|
1,690
|
4.2080 GBP
|
10p
ordinary
|
Purchase
|
1,609
|
4.1967 GBP
|
10p
ordinary
|
Purchase
|
1,604
|
4.2041 GBP
|
10p
ordinary
|
Purchase
|
1,455
|
4.2167 GBP
|
10p
ordinary
|
Purchase
|
1,393
|
4.2008 GBP
|
10p
ordinary
|
Purchase
|
1,329
|
4.2020 GBP
|
10p
ordinary
|
Purchase
|
1,104
|
4.2135 GBP
|
10p
ordinary
|
Purchase
|
785
|
4.1968 GBP
|
10p
ordinary
|
Purchase
|
739
|
4.2300 GBP
|
10p
ordinary
|
Purchase
|
671
|
4.2140 GBP
|
10p
ordinary
|
Sale
|
249,334
|
4.2048 GBP
|
10p
ordinary
|
Sale
|
216,953
|
4.1920 GBP
|
10p
ordinary
|
Sale
|
202,681
|
4.2027 GBP
|
10p
ordinary
|
Sale
|
153,284
|
4.1991 GBP
|
10p
ordinary
|
Sale
|
151,218
|
4.2106 GBP
|
10p
ordinary
|
Sale
|
140,571
|
4.2180 GBP
|
10p
ordinary
|
Sale
|
107,358
|
4.2131 GBP
|
10p
ordinary
|
Sale
|
66,312
|
4.1957 GBP
|
10p
ordinary
|
Sale
|
61,906
|
4.2016 GBP
|
10p
ordinary
|
Sale
|
56,187
|
4.2175 GBP
|
10p
ordinary
|
Sale
|
51,714
|
4.2156 GBP
|
10p
ordinary
|
Sale
|
34,700
|
4.2061 GBP
|
10p
ordinary
|
Sale
|
32,152
|
4.2070 GBP
|
10p
ordinary
|
Sale
|
27,390
|
4.2082 GBP
|
10p
ordinary
|
Sale
|
18,116
|
4.2085 GBP
|
10p
ordinary
|
Sale
|
17,104
|
4.2067 GBP
|
10p
ordinary
|
Sale
|
16,380
|
4.2039 GBP
|
10p
ordinary
|
Sale
|
14,683
|
4.2066 GBP
|
10p
ordinary
|
Sale
|
13,295
|
4.1932 GBP
|
10p
ordinary
|
Sale
|
9,614
|
4.2142 GBP
|
10p
ordinary
|
Sale
|
8,333
|
4.2110 GBP
|
10p
ordinary
|
Sale
|
5,244
|
4.2031 GBP
|
10p
ordinary
|
Sale
|
4,727
|
4.2100 GBP
|
10p
ordinary
|
Sale
|
4,502
|
4.2146 GBP
|
10p
ordinary
|
Sale
|
4,106
|
4.2160 GBP
|
10p
ordinary
|
Sale
|
3,855
|
4.1980 GBP
|
10p
ordinary
|
Sale
|
3,618
|
4.2060 GBP
|
10p
ordinary
|
Sale
|
3,515
|
4.2176 GBP
|
10p
ordinary
|
Sale
|
3,143
|
4.2098 GBP
|
10p
ordinary
|
Sale
|
2,868
|
4.2120 GBP
|
10p
ordinary
|
Sale
|
2,866
|
4.2040 GBP
|
10p
ordinary
|
Sale
|
2,576
|
4.2045 GBP
|
10p
ordinary
|
Sale
|
2,164
|
4.1990 GBP
|
10p
ordinary
|
Sale
|
1,805
|
4.2014 GBP
|
10p
ordinary
|
Sale
|
1,775
|
4.2140 GBP
|
10p
ordinary
|
Sale
|
1,774
|
4.2000 GBP
|
10p
ordinary
|
Sale
|
1,751
|
4.2063 GBP
|
10p
ordinary
|
Sale
|
1,690
|
4.2080 GBP
|
10p
ordinary
|
Sale
|
1,329
|
4.2020 GBP
|
10p
ordinary
|
Sale
|
1,294
|
4.2124 GBP
|
10p
ordinary
|
Sale
|
1,257
|
4.2107 GBP
|
10p
ordinary
|
Sale
|
1,151
|
4.2164 GBP
|
10p
ordinary
|
Sale
|
1,084
|
4.2068 GBP
|
10p
ordinary
|
Sale
|
854
|
4.1975 GBP
|
10p
ordinary
|
Sale
|
845
|
4.2170 GBP
|
10p
ordinary
|
Sale
|
785
|
4.1972 GBP
|
10p
ordinary
|
Sale
|
770
|
4.2130 GBP
|
10p
ordinary
|
Sale
|
739
|
4.2300 GBP
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
5,095
|
4.2024 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
16
|
4.1918 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
59,554
|
4.1920 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
153,284
|
4.1991 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
4,304
|
4.2010 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
95
|
4.1980 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
7,800
|
4.2021 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
13,295
|
4.1932 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
854
|
4.1975 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
2,576
|
4.2045 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
107,358
|
4.2131 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
1,151
|
4.2164 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
314,940
|
4.1931 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
160,008
|
4.1944 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,609
|
4.1967 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
214,669
|
4.1995 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
55,514
|
4.2004 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
143,000
|
4.2021 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
104,944
|
4.2038 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
123,902
|
4.2070 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,596
|
4.2085 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
987
|
4.2100 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
134,500
|
4.2154 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
759
|
4.2160 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
25,510
|
4.2174 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
1,751
|
4.2063 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
6,932
|
4.2039 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
46,642
|
4.2052 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
12,576
|
4.2071 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
151,218
|
4.2106 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
147,235
|
4.1920 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
522,228
|
4.1995 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
357,000
|
4.2021 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
195,899
|
4.2036 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
22,001
|
4.2075 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,723
|
4.2095 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,500
|
4.2104 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
336,500
|
4.2154 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,088
|
4.2165 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
59,527
|
4.2174 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:
|
02 Jul 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|