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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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17 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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31,512,812
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2.28%
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27,518,554
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1.99%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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7,520,550
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0.55%
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30,743,349
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2.23%
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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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39,033,362
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2.83%
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58,261,903
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4.22%
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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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359,368
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3.4725 GBP
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10p ordinary
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Purchase
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201,840
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3.4720 GBP
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10p ordinary
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Purchase
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103,221
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3.5368 GBP
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10p ordinary
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Purchase
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91,955
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3.4718 GBP
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10p ordinary
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Purchase
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60,688
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3.4710 GBP
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10p ordinary
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Purchase
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57,642
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3.4633 GBP
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10p ordinary
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Purchase
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32,200
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3.5066 GBP
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10p ordinary
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Purchase
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26,443
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3.4793 GBP
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10p ordinary
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Purchase
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17,716
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3.4920 GBP
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10p ordinary
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Purchase
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10,746
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3.4759 GBP
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10p ordinary
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Purchase
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9,607
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3.4845 GBP
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10p ordinary
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Purchase
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8,890
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3.4712 GBP
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10p ordinary
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Purchase
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8,465
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3.4641 GBP
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10p ordinary
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Purchase
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7,779
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3.4769 GBP
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10p ordinary
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Purchase
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6,279
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3.4842 GBP
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10p ordinary
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Purchase
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5,533
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3.4513 GBP
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10p ordinary
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Purchase
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5,304
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3.4622 GBP
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10p ordinary
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Purchase
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4,654
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3.4637 GBP
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10p ordinary
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Purchase
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3,913
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3.5232 GBP
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10p ordinary
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Purchase
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3,833
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3.4855 GBP
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10p ordinary
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Purchase
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3,061
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3.4834 GBP
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10p ordinary
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Purchase
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2,536
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3.4951 GBP
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10p ordinary
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Purchase
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2,359
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3.4980 GBP
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10p ordinary
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Purchase
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2,280
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3.4690 GBP
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10p ordinary
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Purchase
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1,703
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3.5046 GBP
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10p ordinary
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Purchase
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1,529
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3.5142 GBP
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10p ordinary
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Purchase
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927
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3.4748 GBP
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10p ordinary
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Purchase
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917
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3.4640 GBP
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10p ordinary
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Purchase
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669
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3.4950 GBP
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10p ordinary
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Purchase
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570
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3.4900 GBP
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10p ordinary
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Purchase
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22
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3.4520 GBP
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10p ordinary
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Sale
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229,043
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3.4720 GBP
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10p ordinary
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Sale
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180,637
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3.5184 GBP
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10p ordinary
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Sale
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175,220
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3.4738 GBP
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10p ordinary
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Sale
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131,560
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3.4779 GBP
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10p ordinary
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Sale
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80,900
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3.4769 GBP
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10p ordinary
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Sale
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25,071
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3.5219 GBP
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10p ordinary
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Sale
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23,972
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3.4701 GBP
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10p ordinary
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Sale
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19,784
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3.4707 GBP
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10p ordinary
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Sale
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19,305
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3.4714 GBP
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10p ordinary
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Sale
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12,743
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3.5466 GBP
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10p ordinary
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Sale
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6,271
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3.5064 GBP
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10p ordinary
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Sale
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5,022
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3.5121 GBP
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10p ordinary
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Sale
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4,997
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3.4982 GBP
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10p ordinary
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Sale
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4,754
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3.5143 GBP
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10p ordinary
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Sale
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2,374
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3.5042 GBP
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10p ordinary
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Sale
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2,272
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3.4998 GBP
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10p ordinary
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Sale
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1,615
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3.5196 GBP
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10p ordinary
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Sale
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962
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3.5034 GBP
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10p ordinary
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Sale
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750
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3.5430 GBP
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10p ordinary
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Sale
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239
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3.4460 GBP
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10p ordinary
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Sale
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198
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3.4710 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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54,800
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3.4721 GBP
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10p ordinary
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SWAP
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Decreasing Long
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57,642
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3.4633 GBP
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10p ordinary
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SWAP
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Decreasing Short
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976
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3.5640 GBP
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10p ordinary
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CFD
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Decreasing Short
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1,082
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3.4719 GBP
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10p ordinary
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CFD
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Decreasing Short
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2,669
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3.4547 GBP
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10p ordinary
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SWAP
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Decreasing Short
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5,022
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3.5121 GBP
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10p ordinary
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SWAP
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Decreasing Short
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8,414
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3.4955 GBP
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10p ordinary
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SWAP
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Decreasing Short
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14,766
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3.4696 GBP
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10p ordinary
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SWAP
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Decreasing Short
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23,972
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3.4701 GBP
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10p ordinary
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SWAP
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Decreasing Short
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25,071
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3.5219 GBP
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10p ordinary
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SWAP
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Decreasing Short
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43,771
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3.4741 GBP
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10p ordinary
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CFD
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Decreasing Short
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127,969
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3.4720 GBP
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10p ordinary
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SWAP
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Decreasing Short
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180,637
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3.5184 GBP
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10p ordinary
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SWAP
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Increasing Long
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4,754
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3.5143 GBP
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10p ordinary
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SWAP
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Increasing Long
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19,305
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3.4714 GBP
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10p ordinary
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SWAP
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Increasing Short
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4
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3.5475 GBP
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10p ordinary
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CFD
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Increasing Short
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1,082
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3.4719 GBP
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10p ordinary
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SWAP
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Increasing Short
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2,359
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3.4980 GBP
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10p ordinary
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SWAP
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Increasing Short
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2,836
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3.4776 GBP
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10p ordinary
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SWAP
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Increasing Short
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3,913
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3.5232 GBP
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10p ordinary
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SWAP
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Increasing Short
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5,533
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3.4513 GBP
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10p ordinary
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SWAP
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Increasing Short
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17,067
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3.4634 GBP
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10p ordinary
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CFD
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Increasing Short
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17,422
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3.4625 GBP
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10p ordinary
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SWAP
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Increasing Short
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23,780
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3.4846 GBP
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10p ordinary
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SWAP
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Increasing Short
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59,038
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3.4710 GBP
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10p ordinary
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SWAP
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Increasing Short
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66,485
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3.4720 GBP
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10p ordinary
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SWAP
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Increasing Short
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90,155
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3.4720 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
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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
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Price per unit (if
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security
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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)
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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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18 Jun 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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