|
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
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:
|
|
|
32,893,662
|
2.38%
|
28,095,682
|
2.04%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
7,686,363
|
0.56%
|
32,860,896
|
2.38%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
40,580,025
|
2.94%
|
60,956,578
|
4.42%
|
|
(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
|
523,275
|
4.4437 GBP
|
|
10p
ordinary
|
Purchase
|
434,556
|
4.5677 GBP
|
|
10p
ordinary
|
Purchase
|
269,463
|
4.5580 GBP
|
|
10p
ordinary
|
Purchase
|
208,919
|
4.4500 GBP
|
|
10p
ordinary
|
Purchase
|
198,754
|
4.5031 GBP
|
|
10p
ordinary
|
Purchase
|
188,309
|
4.5356 GBP
|
|
10p
ordinary
|
Purchase
|
186,764
|
4.5544 GBP
|
|
10p
ordinary
|
Purchase
|
91,926
|
4.4300 GBP
|
|
10p
ordinary
|
Purchase
|
91,323
|
4.5370 GBP
|
|
10p
ordinary
|
Purchase
|
78,400
|
4.5135 GBP
|
|
10p
ordinary
|
Purchase
|
60,565
|
4.5586 GBP
|
|
10p
ordinary
|
Purchase
|
47,589
|
4.4007 GBP
|
|
10p
ordinary
|
Purchase
|
46,807
|
4.4642 GBP
|
|
10p
ordinary
|
Purchase
|
24,893
|
4.4592 GBP
|
|
10p
ordinary
|
Purchase
|
20,622
|
4.5372 GBP
|
|
10p
ordinary
|
Purchase
|
20,030
|
4.5472 GBP
|
|
10p
ordinary
|
Purchase
|
11,211
|
4.5043 GBP
|
|
10p
ordinary
|
Purchase
|
9,498
|
4.4151 GBP
|
|
10p
ordinary
|
Purchase
|
8,405
|
4.4505 GBP
|
|
10p
ordinary
|
Purchase
|
6,858
|
4.4564 GBP
|
|
10p
ordinary
|
Purchase
|
6,614
|
4.5033 GBP
|
|
10p
ordinary
|
Purchase
|
6,377
|
4.3774 GBP
|
|
10p
ordinary
|
Purchase
|
6,233
|
4.4330 GBP
|
|
10p
ordinary
|
Purchase
|
5,995
|
4.4839 GBP
|
|
10p
ordinary
|
Purchase
|
5,297
|
4.4637 GBP
|
|
10p
ordinary
|
Purchase
|
5,039
|
4.4025 GBP
|
|
10p
ordinary
|
Purchase
|
4,825
|
4.4948 GBP
|
|
10p
ordinary
|
Purchase
|
4,051
|
4.5184 GBP
|
|
10p
ordinary
|
Purchase
|
3,850
|
4.4344 GBP
|
|
10p
ordinary
|
Purchase
|
3,739
|
4.4524 GBP
|
|
10p
ordinary
|
Purchase
|
3,608
|
4.5880 GBP
|
|
10p
ordinary
|
Purchase
|
3,485
|
4.4898 GBP
|
|
10p
ordinary
|
Purchase
|
2,982
|
4.3920 GBP
|
|
10p
ordinary
|
Purchase
|
2,697
|
4.4378 GBP
|
|
10p
ordinary
|
Purchase
|
2,654
|
4.4978 GBP
|
|
10p
ordinary
|
Purchase
|
2,404
|
4.4950 GBP
|
|
10p
ordinary
|
Purchase
|
2,224
|
4.4629 GBP
|
|
10p
ordinary
|
Purchase
|
2,182
|
4.5660 GBP
|
|
10p
ordinary
|
Purchase
|
2,115
|
4.5700 GBP
|
|
10p
ordinary
|
Purchase
|
2,084
|
4.5816 GBP
|
|
10p
ordinary
|
Purchase
|
1,713
|
4.5720 GBP
|
|
10p
ordinary
|
Purchase
|
1,585
|
4.5825 GBP
|
|
10p
ordinary
|
Purchase
|
1,501
|
4.5369 GBP
|
|
10p
ordinary
|
Purchase
|
1,381
|
4.5640 GBP
|
|
10p
ordinary
|
Purchase
|
1,328
|
4.5395 GBP
|
|
10p
ordinary
|
Purchase
|
1,328
|
4.5400 GBP
|
|
10p
ordinary
|
Purchase
|
1,200
|
4.5814 GBP
|
|
10p
ordinary
|
Purchase
|
1,153
|
4.5710 GBP
|
|
10p
ordinary
|
Purchase
|
1,125
|
4.5460 GBP
|
|
10p
ordinary
|
Purchase
|
1,067
|
4.5137 GBP
|
|
10p
ordinary
|
Purchase
|
1,012
|
4.4780 GBP
|
|
10p
ordinary
|
Purchase
|
840
|
4.5760 GBP
|
|
10p
ordinary
|
Purchase
|
839
|
4.5620 GBP
|
|
10p
ordinary
|
Purchase
|
786
|
4.5800 GBP
|
|
10p
ordinary
|
Purchase
|
689
|
4.5540 GBP
|
|
10p
ordinary
|
Purchase
|
647
|
4.5600 GBP
|
|
10p
ordinary
|
Purchase
|
642
|
4.4320 GBP
|
|
10p
ordinary
|
Purchase
|
610
|
4.5610 GBP
|
|
10p
ordinary
|
Purchase
|
389
|
4.4740 GBP
|
|
10p
ordinary
|
Purchase
|
81
|
4.3985 GBP
|
|
10p
ordinary
|
Sale
|
3,692,000
|
4.4600 GBP
|
|
10p
ordinary
|
Sale
|
326,859
|
4.5477 GBP
|
|
10p
ordinary
|
Sale
|
309,922
|
4.5302 GBP
|
|
10p
ordinary
|
Sale
|
193,218
|
4.5580 GBP
|
|
10p
ordinary
|
Sale
|
158,458
|
4.5733 GBP
|
|
10p
ordinary
|
Sale
|
110,949
|
4.5472 GBP
|
|
10p
ordinary
|
Sale
|
108,974
|
4.4558 GBP
|
|
10p
ordinary
|
Sale
|
107,435
|
4.5582 GBP
|
|
10p
ordinary
|
Sale
|
91,323
|
4.5370 GBP
|
|
10p
ordinary
|
Sale
|
82,615
|
4.5584 GBP
|
|
10p
ordinary
|
Sale
|
78,565
|
4.5268 GBP
|
|
10p
ordinary
|
Sale
|
66,115
|
4.5180 GBP
|
|
10p
ordinary
|
Sale
|
62,941
|
4.4709 GBP
|
|
10p
ordinary
|
Sale
|
57,498
|
4.5596 GBP
|
|
10p
ordinary
|
Sale
|
36,429
|
4.5690 GBP
|
|
10p
ordinary
|
Sale
|
33,306
|
4.5620 GBP
|
|
10p
ordinary
|
Sale
|
31,400
|
4.4162 GBP
|
|
10p
ordinary
|
Sale
|
28,304
|
4.5383 GBP
|
|
10p
ordinary
|
Sale
|
25,540
|
4.4618 GBP
|
|
10p
ordinary
|
Sale
|
15,196
|
4.4723 GBP
|
|
10p
ordinary
|
Sale
|
14,696
|
4.5009 GBP
|
|
10p
ordinary
|
Sale
|
13,111
|
4.5217 GBP
|
|
10p
ordinary
|
Sale
|
10,887
|
4.5644 GBP
|
|
10p
ordinary
|
Sale
|
10,129
|
4.5011 GBP
|
|
10p
ordinary
|
Sale
|
9,969
|
4.5648 GBP
|
|
10p
ordinary
|
Sale
|
6,384
|
4.4832 GBP
|
|
10p
ordinary
|
Sale
|
6,377
|
4.3778 GBP
|
|
10p
ordinary
|
Sale
|
6,321
|
4.5655 GBP
|
|
10p
ordinary
|
Sale
|
5,508
|
4.5636 GBP
|
|
10p
ordinary
|
Sale
|
5,297
|
4.4637 GBP
|
|
10p
ordinary
|
Sale
|
4,825
|
4.4948 GBP
|
|
10p
ordinary
|
Sale
|
3,850
|
4.4348 GBP
|
|
10p
ordinary
|
Sale
|
3,608
|
4.5880 GBP
|
|
10p
ordinary
|
Sale
|
3,009
|
4.4362 GBP
|
|
10p
ordinary
|
Sale
|
2,700
|
4.4307 GBP
|
|
10p
ordinary
|
Sale
|
2,481
|
4.5311 GBP
|
|
10p
ordinary
|
Sale
|
2,347
|
4.5645 GBP
|
|
10p
ordinary
|
Sale
|
1,713
|
4.5720 GBP
|
|
10p
ordinary
|
Sale
|
1,647
|
4.5638 GBP
|
|
10p
ordinary
|
Sale
|
1,585
|
4.5830 GBP
|
|
10p
ordinary
|
Sale
|
1,570
|
4.5664 GBP
|
|
10p
ordinary
|
Sale
|
1,381
|
4.5640 GBP
|
|
10p
ordinary
|
Sale
|
1,328
|
4.5400 GBP
|
|
10p
ordinary
|
Sale
|
1,257
|
4.5573 GBP
|
|
10p
ordinary
|
Sale
|
1,153
|
4.5715 GBP
|
|
10p
ordinary
|
Sale
|
1,022
|
4.5820 GBP
|
|
10p
ordinary
|
Sale
|
1,022
|
4.5790 GBP
|
|
10p
ordinary
|
Sale
|
1,012
|
4.4780 GBP
|
|
10p
ordinary
|
Sale
|
840
|
4.5764 GBP
|
|
10p
ordinary
|
Sale
|
689
|
4.5540 GBP
|
|
10p
ordinary
|
Sale
|
656
|
4.4360 GBP
|
|
10p
ordinary
|
Sale
|
612
|
4.5660 GBP
|
|
10p
ordinary
|
Sale
|
610
|
4.5610 GBP
|
|
10p
ordinary
|
Sale
|
451
|
4.3900 GBP
|
|
10p
ordinary
|
Sale
|
81
|
4.3990 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
|
Decreasing Short
|
23,780
|
4.4600 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
10,064
|
4.5402 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
12,782
|
4.5580 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,381
|
4.5639 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
3,762
|
4.3762 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
23,780
|
4.4600 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
161,904
|
4.5579 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
690
|
4.5580 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
90,980
|
4.5612 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
646
|
4.4656 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
400
|
4.3913 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
1,257
|
4.5573 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
59,480
|
4.5586 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,085
|
4.5586 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
656
|
4.4360 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,009
|
4.4362 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,769,000
|
4.4600 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
110,949
|
4.5473 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
77,604
|
4.5569 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
64,030
|
4.5580 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
284
|
4.4140 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,233
|
4.4330 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
523,275
|
4.4437 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,097
|
4.4658 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
78,565
|
4.5268 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
47,589
|
4.4007 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
5,107
|
4.4911 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,507
|
4.5447 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
15,196
|
4.4723 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
923,000
|
4.4600 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
49,458
|
4.5580 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
57,498
|
4.5596 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
208,310
|
4.4500 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
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Details of any indemnity or option arrangement, or any
agreement or understanding,
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formal or informal, relating to relevant securities which may
be an inducement to deal
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
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to
the offer or any person acting in concert with a party to the
offer:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
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Details of any agreement, arrangement or understanding, formal
or informal, between
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the
person making the disclosure and any other person relating
to:
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(i) the voting rights of any relevant securities under
any option; or
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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
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any
derivative is referenced:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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25 Jul 2024
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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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