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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
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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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offeror/offeree, state this and specify identity of
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offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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16 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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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
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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)
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Relevant securities owned
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and/or controlled:
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25,870,866
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1.88%
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19,228,903
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1.39%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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8,413,709
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0.61%
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24,520,664
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1.78%
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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%
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0
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0.00%
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TOTAL:
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34,284,575
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2.49%
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43,749,567
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3.17%
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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
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Price per unit
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security
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securities
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10p ordinary
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Purchase
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237,293
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3.6931 GBP
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10p ordinary
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Purchase
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114,257
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3.6940 GBP
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10p ordinary
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Purchase
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111,473
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3.6872 GBP
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10p ordinary
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Purchase
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89,717
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3.6891 GBP
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10p ordinary
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Purchase
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80,000
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3.6809 GBP
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10p ordinary
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Purchase
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62,127
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3.6764 GBP
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10p ordinary
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Purchase
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48,802
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3.6916 GBP
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10p ordinary
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Purchase
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47,902
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3.6900 GBP
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10p ordinary
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Purchase
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30,161
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3.6841 GBP
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10p ordinary
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Purchase
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27,787
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3.6787 GBP
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10p ordinary
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Purchase
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25,906
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3.6936 GBP
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10p ordinary
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Purchase
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23,050
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3.6824 GBP
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10p ordinary
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Purchase
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22,530
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3.6833 GBP
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10p ordinary
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Purchase
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17,112
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3.6860 GBP
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10p ordinary
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Purchase
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11,951
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3.6829 GBP
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10p ordinary
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Purchase
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11,860
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3.6832 GBP
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10p ordinary
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Purchase
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11,750
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3.6816 GBP
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10p ordinary
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Purchase
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9,944
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3.6843 GBP
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10p ordinary
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Purchase
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9,287
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3.6879 GBP
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10p ordinary
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Purchase
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8,017
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3.6877 GBP
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10p ordinary
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Purchase
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7,500
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3.6659 GBP
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10p ordinary
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Purchase
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6,153
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3.6775 GBP
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10p ordinary
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Purchase
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5,897
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3.6720 GBP
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10p ordinary
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Purchase
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5,342
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3.6821 GBP
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10p ordinary
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Purchase
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5,008
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3.6945 GBP
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10p ordinary
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Purchase
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4,731
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3.6788 GBP
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10p ordinary
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Purchase
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4,664
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3.6797 GBP
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10p ordinary
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Purchase
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3,563
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3.6620 GBP
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10p ordinary
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Purchase
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3,250
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3.6761 GBP
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10p ordinary
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Purchase
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1,629
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3.6870 GBP
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10p ordinary
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Purchase
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1,471
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3.6800 GBP
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10p ordinary
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Purchase
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973
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3.6754 GBP
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10p ordinary
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Purchase
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914
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3.6920 GBP
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10p ordinary
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Purchase
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898
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3.6926 GBP
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10p ordinary
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Purchase
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842
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3.6820 GBP
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10p ordinary
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Purchase
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773
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3.6680 GBP
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10p ordinary
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Purchase
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750
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3.6740 GBP
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10p ordinary
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Purchase
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20
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3.6846 GBP
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10p ordinary
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Sale
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392,455
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3.6940 GBP
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10p ordinary
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Sale
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215,000
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3.6869 GBP
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10p ordinary
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Sale
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118,685
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3.6876 GBP
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10p ordinary
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Sale
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58,648
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3.6854 GBP
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10p ordinary
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Sale
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56,359
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3.6917 GBP
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10p ordinary
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Sale
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51,244
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3.6873 GBP
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10p ordinary
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Sale
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48,802
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3.6916 GBP
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10p ordinary
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Sale
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35,045
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3.6848 GBP
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10p ordinary
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Sale
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30,451
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3.6792 GBP
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10p ordinary
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Sale
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24,186
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3.6941 GBP
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10p ordinary
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Sale
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18,034
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3.6811 GBP
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10p ordinary
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Sale
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17,206
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3.6860 GBP
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10p ordinary
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Sale
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15,879
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3.6823 GBP
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10p ordinary
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Sale
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13,606
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3.6867 GBP
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10p ordinary
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Sale
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11,860
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3.6832 GBP
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10p ordinary
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Sale
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10,000
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3.6672 GBP
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10p ordinary
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Sale
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9,890
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3.6808 GBP
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10p ordinary
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Sale
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8,017
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3.6877 GBP
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10p ordinary
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Sale
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5,960
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3.6773 GBP
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10p ordinary
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Sale
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5,850
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3.6804 GBP
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10p ordinary
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Sale
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5,342
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3.6821 GBP
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10p ordinary
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Sale
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5,017
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3.6874 GBP
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10p ordinary
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Sale
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4,664
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3.6797 GBP
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10p ordinary
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Sale
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3,759
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3.6782 GBP
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10p ordinary
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Sale
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3,220
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3.6801 GBP
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10p ordinary
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Sale
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3,080
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3.6798 GBP
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10p ordinary
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Sale
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2,922
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3.6896 GBP
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10p ordinary
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Sale
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2,617
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3.6663 GBP
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10p ordinary
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Sale
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2,502
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3.6751 GBP
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10p ordinary
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Sale
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2,141
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3.6846 GBP
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10p ordinary
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Sale
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2,073
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3.6812 GBP
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10p ordinary
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Sale
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1,955
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3.6760 GBP
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10p ordinary
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Sale
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1,642
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3.6900 GBP
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10p ordinary
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Sale
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1,641
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3.6870 GBP
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10p ordinary
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Sale
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1,397
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3.6920 GBP
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10p ordinary
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Sale
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1,343
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3.6560 GBP
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10p ordinary
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Sale
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972
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3.6810 GBP
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10p ordinary
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Sale
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897
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3.6840 GBP
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10p ordinary
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Sale
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786
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3.6820 GBP
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10p ordinary
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Sale
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744
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3.6680 GBP
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10p ordinary
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Sale
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597
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3.6780 GBP
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10p ordinary
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Sale
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460
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3.6830 GBP
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10p ordinary
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Sale
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402
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3.6838 GBP
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10p ordinary
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Sale
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279
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3.6880 GBP
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10p ordinary
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Sale
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139
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3.6794 GBP
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10p ordinary
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Sale
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6
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3.6918 GBP
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(b)
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Cash-settled derivative transactions
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Class of
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Product
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Nature of dealing
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Number of
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Price per
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relevant
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description
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reference
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unit
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security
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securities
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10p ordinary
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SWAP
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Decreasing Long
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773
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3.6680 GBP
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10p ordinary
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SWAP
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Decreasing Long
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2,045
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3.6900 GBP
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10p ordinary
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SWAP
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Decreasing Long
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5,008
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3.6945 GBP
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10p ordinary
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SWAP
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Decreasing Short
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28
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3.6600 GBP
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10p ordinary
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SWAP
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Decreasing Short
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162
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3.6920 GBP
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|
10p ordinary
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SWAP
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Decreasing Short
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279
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3.6880 GBP
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|
10p ordinary
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CFD
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Decreasing Short
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318
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3.6939 GBP
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10p ordinary
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SWAP
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Decreasing Short
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594
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3.6760 GBP
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10p ordinary
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CFD
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Decreasing Short
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914
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3.6920 GBP
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10p ordinary
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SWAP
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Decreasing Short
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2,617
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3.6663 GBP
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10p ordinary
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SWAP
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Decreasing Short
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14,866
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3.6939 GBP
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10p ordinary
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SWAP
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Decreasing Short
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25,723
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3.6940 GBP
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|
10p ordinary
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CFD
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Decreasing Short
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33,298
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3.6869 GBP
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10p ordinary
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SWAP
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Decreasing Short
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61,500
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3.6869 GBP
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10p ordinary
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SWAP
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Decreasing Short
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153,500
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3.6869 GBP
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10p ordinary
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CFD
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Decreasing Short
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236,631
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3.6940 GBP
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10p ordinary
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SWAP
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Increasing Long
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15,817
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3.6823 GBP
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10p ordinary
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CFD
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Increasing Short
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245
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3.6940 GBP
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10p ordinary
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SWAP
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Increasing Short
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3,250
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3.6761 GBP
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|
10p ordinary
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SWAP
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Increasing Short
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5,897
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3.6720 GBP
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|
10p ordinary
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SWAP
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Increasing Short
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23,652
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3.6940 GBP
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|
10p ordinary
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SWAP
|
Increasing Short
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24,983
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3.6926 GBP
|
|
10p ordinary
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SWAP
|
Increasing Short
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27,787
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3.6787 GBP
|
|
10p ordinary
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SWAP
|
Increasing Short
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28,922
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3.6828 GBP
|
|
10p ordinary
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SWAP
|
Increasing Short
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39,149
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3.6836 GBP
|
|
10p ordinary
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SWAP
|
Increasing Short
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43,729
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3.6940 GBP
|
|
10p ordinary
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SWAP
|
Increasing Short
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62,127
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3.6764 GBP
|
|
10p ordinary
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SWAP
|
Increasing Short
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89,717
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3.6891 GBP
|
|
10p ordinary
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CFD
|
Increasing Short
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105,477
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3.6939 GBP
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|
10p ordinary
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SWAP
|
Opening Long
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54,199
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3.6831 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
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Product
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Writing,
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Number
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
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paid/
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security
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varying etc
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to which
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received
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option
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per unit
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relates
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(ii)
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Exercising
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Class of relevant
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Product description
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Exercising/ exercised against
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Number of
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Exercise price per
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security
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|
securities
|
unit
|
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(d)
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Other dealings (including subscribing for new securities)
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Class of relevant
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Nature of Dealings
|
Details
|
Price per unit (if
|
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security
|
|
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applicable)
|
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4.
|
OTHER INFORMATION
|
|
(a)
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Indemnity and other dealings arrangements
|
|
|
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
|
|
(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
|
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|
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which
|
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|
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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:
|
17 May 2024
|
|
Contact name:
|
Large Holdings Regulatory Operations
|
|
Telephone number:
|
020 3134 7213
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