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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07 Jun 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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32,755,990
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2.37%
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24,826,675
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1.80%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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8,023,936
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0.58%
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31,541,732
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2.29%
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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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40,779,926
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2.96%
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56,368,407
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4.09%
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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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1,125,000
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3.7273 GBP
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10p ordinary
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Purchase
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237,441
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3.7072 GBP
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10p ordinary
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Purchase
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157,969
|
3.7283 GBP
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10p ordinary
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Purchase
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154,315
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3.7040 GBP
|
10p ordinary
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Purchase
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129,886
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3.7279 GBP
|
10p ordinary
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Purchase
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78,023
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3.7290 GBP
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10p ordinary
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Purchase
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70,393
|
3.7270 GBP
|
10p ordinary
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Purchase
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63,201
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3.7274 GBP
|
10p ordinary
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Purchase
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56,851
|
3.7101 GBP
|
10p ordinary
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Purchase
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34,885
|
3.7325 GBP
|
10p ordinary
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Purchase
|
15,462
|
3.7245 GBP
|
10p ordinary
|
Purchase
|
10,299
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3.7309 GBP
|
10p ordinary
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Purchase
|
9,273
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3.7244 GBP
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10p ordinary
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Purchase
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8,040
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3.7242 GBP
|
10p ordinary
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Purchase
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7,540
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3.7282 GBP
|
10p ordinary
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Purchase
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6,795
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3.7284 GBP
|
10p ordinary
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Purchase
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6,624
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3.7291 GBP
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10p ordinary
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Purchase
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5,662
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3.7300 GBP
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10p ordinary
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Purchase
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5,646
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3.7315 GBP
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10p ordinary
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Purchase
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4,741
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3.7266 GBP
|
10p ordinary
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Purchase
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4,611
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3.7229 GBP
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10p ordinary
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Purchase
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3,713
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3.7317 GBP
|
10p ordinary
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Purchase
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3,194
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3.7280 GBP
|
10p ordinary
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Purchase
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3,163
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3.7200 GBP
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10p ordinary
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Purchase
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2,968
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3.7342 GBP
|
10p ordinary
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Purchase
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2,407
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3.7150 GBP
|
10p ordinary
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Purchase
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2,160
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3.7258 GBP
|
10p ordinary
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Purchase
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2,099
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3.7352 GBP
|
10p ordinary
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Purchase
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1,975
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3.7240 GBP
|
10p ordinary
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Purchase
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1,916
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3.7381 GBP
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10p ordinary
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Purchase
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1,914
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3.7230 GBP
|
10p ordinary
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Purchase
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1,892
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3.7199 GBP
|
10p ordinary
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Purchase
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1,801
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3.7313 GBP
|
10p ordinary
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Purchase
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1,667
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3.7347 GBP
|
10p ordinary
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Purchase
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1,652
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3.7260 GBP
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10p ordinary
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Purchase
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1,650
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3.7327 GBP
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10p ordinary
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Purchase
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1,513
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3.7120 GBP
|
10p ordinary
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Purchase
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1,238
|
3.7380 GBP
|
10p ordinary
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Purchase
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1,185
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3.7400 GBP
|
10p ordinary
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Purchase
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1,114
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3.7330 GBP
|
10p ordinary
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Purchase
|
814
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3.7440 GBP
|
10p ordinary
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Purchase
|
748
|
3.7360 GBP
|
10p ordinary
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Purchase
|
300
|
3.7122 GBP
|
10p ordinary
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Purchase
|
146
|
3.7076 GBP
|
10p ordinary
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Purchase
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65
|
3.7320 GBP
|
10p ordinary
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Purchase
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20
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3.7430 GBP
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10p ordinary
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Purchase
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20
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3.7340 GBP
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10p ordinary
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Sale
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1,799,386
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3.7240 GBP
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10p ordinary
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Sale
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656,300
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3.7269 GBP
|
10p ordinary
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Sale
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238,491
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3.7060 GBP
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10p ordinary
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Sale
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208,866
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3.7040 GBP
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10p ordinary
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Sale
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182,013
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3.7293 GBP
|
10p ordinary
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Sale
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142,898
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3.7273 GBP
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10p ordinary
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Sale
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139,324
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3.7256 GBP
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10p ordinary
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Sale
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127,338
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3.7300 GBP
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10p ordinary
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Sale
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90,000
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3.7165 GBP
|
10p ordinary
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Sale
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70,121
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3.7272 GBP
|
10p ordinary
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Sale
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56,930
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3.7034 GBP
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10p ordinary
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Sale
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46,982
|
3.7252 GBP
|
10p ordinary
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Sale
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38,483
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3.7274 GBP
|
10p ordinary
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Sale
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10,065
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3.7291 GBP
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10p ordinary
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Sale
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10,009
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3.7260 GBP
|
10p ordinary
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Sale
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9,953
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3.7303 GBP
|
10p ordinary
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Sale
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9,808
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3.7325 GBP
|
10p ordinary
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Sale
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9,473
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3.7259 GBP
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10p ordinary
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Sale
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6,748
|
3.7144 GBP
|
10p ordinary
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Sale
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6,677
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3.7285 GBP
|
10p ordinary
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Sale
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5,592
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3.7242 GBP
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10p ordinary
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Sale
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4,992
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3.7166 GBP
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10p ordinary
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Sale
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4,375
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3.7270 GBP
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10p ordinary
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Sale
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3,727
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3.7280 GBP
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10p ordinary
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Sale
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3,019
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3.7271 GBP
|
10p ordinary
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Sale
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2,482
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3.7320 GBP
|
10p ordinary
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Sale
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2,194
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3.7318 GBP
|
10p ordinary
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Sale
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2,119
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3.7253 GBP
|
10p ordinary
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Sale
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1,821
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3.7226 GBP
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10p ordinary
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Sale
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1,513
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3.7120 GBP
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10p ordinary
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Sale
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1,448
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3.7200 GBP
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10p ordinary
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Sale
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1,238
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3.7380 GBP
|
10p ordinary
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Sale
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776
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3.7313 GBP
|
10p ordinary
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Sale
|
760
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3.7345 GBP
|
10p ordinary
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Sale
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600
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3.7035 GBP
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10p ordinary
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Sale
|
301
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3.7220 GBP
|
10p ordinary
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Sale
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248
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3.7254 GBP
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10p ordinary
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Sale
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206
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3.7241 GBP
|
10p ordinary
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Sale
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189
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3.7191 GBP
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10p ordinary
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Sale
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20
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3.7340 GBP
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10p ordinary
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Sale
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20
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3.7430 GBP
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10p ordinary
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Sale
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67
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3.7018 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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300
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3.7122 GBP
|
10p ordinary
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SWAP
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Decreasing Long
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2,543
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3.7200 GBP
|
10p ordinary
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SWAP
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Decreasing Long
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63,201
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3.7274 GBP
|
10p ordinary
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SWAP
|
Decreasing Short
|
269
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3.7340 GBP
|
10p ordinary
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SWAP
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Decreasing Short
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301
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3.7220 GBP
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10p ordinary
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CFD
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Decreasing Short
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7,422
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3.7280 GBP
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10p ordinary
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CFD
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Decreasing Short
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14,614
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3.7177 GBP
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10p ordinary
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SWAP
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Decreasing Short
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70,121
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3.7272 GBP
|
10p ordinary
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SWAP
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Decreasing Short
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71,115
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3.7055 GBP
|
10p ordinary
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SWAP
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Decreasing Short
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142,898
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3.7273 GBP
|
10p ordinary
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CFD
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Decreasing Short
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181,677
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3.7039 GBP
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10p ordinary
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SWAP
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Decreasing Short
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1,777,480
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3.7240 GBP
|
10p ordinary
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SWAP
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Increasing Long
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6,677
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3.7285 GBP
|
10p ordinary
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SWAP
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Increasing Long
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57,530
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3.7034 GBP
|
10p ordinary
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SWAP
|
Increasing Short
|
6
|
3.7300 GBP
|
10p ordinary
|
SWAP
|
Increasing Short
|
584
|
3.7400 GBP
|
10p ordinary
|
SWAP
|
Increasing Short
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2,099
|
3.7352 GBP
|
10p ordinary
|
CFD
|
Increasing Short
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2,574
|
3.7246 GBP
|
10p ordinary
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SWAP
|
Increasing Short
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2,968
|
3.7342 GBP
|
10p ordinary
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SWAP
|
Increasing Short
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6,435
|
3.7193 GBP
|
10p ordinary
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CFD
|
Increasing Short
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7,422
|
3.7280 GBP
|
10p ordinary
|
CFD
|
Increasing Short
|
48,511
|
3.7043 GBP
|
10p ordinary
|
SWAP
|
Increasing Short
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65,804
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3.7040 GBP
|
10p ordinary
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SWAP
|
Increasing Short
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86,956
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3.7040 GBP
|
10p ordinary
|
SWAP
|
Increasing Short
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156,234
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3.7283 GBP
|
10p ordinary
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SWAP
|
Opening Short
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29,816
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3.7203 GBP
|
10p ordinary
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SWAP
|
Opening Short
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31,085
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3.7265 GBP
|
10p ordinary
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SWAP
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Opening Short
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200,000
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6.0481 USD
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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
|
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
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Details
|
Price per unit (if
|
security
|
|
|
applicable)
|
|
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4.
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OTHER INFORMATION
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(a)
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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)
|
Agreements, arrangements or understandings relating to options or derivatives
|
|
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)
|
Attachments
|
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Is a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
10 Jun 2024
|
Contact name:
|
Large Holdings Regulatory Operations
|
Telephone number:
|
020 3134 7213
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