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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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21 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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24,060,686
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1.74%
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32,545,428
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2.36%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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8,981,419
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0.65%
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23,142,138
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1.68%
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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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33,042,105
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2.40%
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55,687,566
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4.04%
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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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2,545,761
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3.6140 GBP
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10p ordinary
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Purchase
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503,836
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3.6136 GBP
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10p ordinary
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Purchase
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222,676
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3.6131 GBP
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10p ordinary
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Purchase
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183,372
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3.6004 GBP
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10p ordinary
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Purchase
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72,963
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3.6039 GBP
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10p ordinary
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Purchase
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58,710
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3.6137 GBP
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10p ordinary
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Purchase
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43,722
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3.6000 GBP
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10p ordinary
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Purchase
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22,266
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3.6027 GBP
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10p ordinary
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Purchase
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20,238
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3.5953 GBP
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10p ordinary
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Purchase
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11,560
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3.6117 GBP
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10p ordinary
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Purchase
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8,550
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3.6101 GBP
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10p ordinary
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Purchase
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6,540
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3.6060 GBP
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10p ordinary
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Purchase
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5,605
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3.6075 GBP
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10p ordinary
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Purchase
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4,682
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3.6046 GBP
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10p ordinary
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Purchase
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4,362
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3.5946 GBP
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10p ordinary
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Purchase
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4,117
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3.5931 GBP
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10p ordinary
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Purchase
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4,047
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3.6092 GBP
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10p ordinary
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Purchase
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3,719
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3.5973 GBP
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10p ordinary
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Purchase
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2,351
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3.5967 GBP
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10p ordinary
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Purchase
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2,235
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3.6051 GBP
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10p ordinary
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Purchase
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1,672
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3.6030 GBP
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10p ordinary
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Purchase
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1,295
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3.5984 GBP
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10p ordinary
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Purchase
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1,103
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3.5940 GBP
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10p ordinary
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Purchase
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1,091
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3.6080 GBP
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10p ordinary
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Purchase
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914
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3.5880 GBP
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10p ordinary
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Purchase
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761
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3.6087 GBP
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10p ordinary
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Sale
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7,358,152
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3.6132 GBP
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10p ordinary
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Sale
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3,011,308
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3.6140 GBP
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10p ordinary
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Sale
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282,478
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3.6133 GBP
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10p ordinary
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Sale
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243,304
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3.6116 GBP
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10p ordinary
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Sale
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175,650
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3.6004 GBP
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10p ordinary
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Sale
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150,273
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3.5967 GBP
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10p ordinary
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Sale
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124,072
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3.5920 GBP
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10p ordinary
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Sale
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114,214
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3.6031 GBP
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10p ordinary
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Sale
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60,770
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3.6003 GBP
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10p ordinary
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Sale
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46,134
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3.6134 GBP
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10p ordinary
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Sale
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42,045
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3.6000 GBP
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10p ordinary
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Sale
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35,839
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3.6050 GBP
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10p ordinary
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Sale
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30,108
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3.6044 GBP
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10p ordinary
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Sale
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25,805
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3.5988 GBP
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10p ordinary
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Sale
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15,312
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3.5929 GBP
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10p ordinary
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Sale
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6,540
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3.6060 GBP
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10p ordinary
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Sale
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6,440
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3.6138 GBP
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10p ordinary
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Sale
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6,344
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3.6005 GBP
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10p ordinary
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Sale
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5,605
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3.6078 GBP
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10p ordinary
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Sale
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3,299
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3.5918 GBP
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10p ordinary
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Sale
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2,816
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3.5961 GBP
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10p ordinary
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Sale
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1,897
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3.6008 GBP
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10p ordinary
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Sale
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1,295
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3.5987 GBP
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10p ordinary
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Sale
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1,091
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3.6083 GBP
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10p ordinary
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Sale
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914
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3.5880 GBP
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10p ordinary
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Sale
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903
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3.6010 GBP
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10p ordinary
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Sale
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2,400
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3.6119 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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CFD
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Closing Short
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450
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3.6140 GBP
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10p ordinary
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CFD
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Closing Short
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1,744
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3.6059 GBP
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10p ordinary
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CFD
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Closing Short
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42,045
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3.6000 GBP
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10p ordinary
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SWAP
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Decreasing Long
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4,047
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3.6092 GBP
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10p ordinary
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SWAP
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Decreasing Long
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25,000
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3.5952 GBP
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10p ordinary
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SWAP
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Decreasing Short
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1,897
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3.6008 GBP
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10p ordinary
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SWAP
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Decreasing Short
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3,299
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3.5918 GBP
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10p ordinary
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SWAP
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Decreasing Short
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6,440
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3.6138 GBP
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10p ordinary
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SWAP
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Decreasing Short
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15,312
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3.5929 GBP
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10p ordinary
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SWAP
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Decreasing Short
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25,805
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3.5988 GBP
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10p ordinary
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SWAP
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Decreasing Short
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100,070
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3.6007 GBP
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10p ordinary
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SWAP
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Decreasing Short
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150,273
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3.5967 GBP
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10p ordinary
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SWAP
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Decreasing Short
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152,140
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3.6015 GBP
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10p ordinary
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SWAP
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Decreasing Short
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282,478
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3.6132 GBP
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10p ordinary
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SWAP
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Decreasing Short
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871,306
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3.6100 GBP
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10p ordinary
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SWAP
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Decreasing Short
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1,677,355
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3.6140 GBP
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10p ordinary
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SWAP
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Decreasing Short
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2,162,330
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3.6135 GBP
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10p ordinary
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SWAP
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Decreasing Short
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135,866
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3.6121 GBP
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10p ordinary
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SWAP
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Increasing Long
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15,396
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3.6134 GBP
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10p ordinary
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SWAP
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Increasing Long
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17,273
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3.6132 GBP
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10p ordinary
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SWAP
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Increasing Long
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21,161
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3.6137 GBP
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10p ordinary
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SWAP
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Increasing Long
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35,839
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3.6050 GBP
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10p ordinary
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SWAP
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Increasing Long
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114,214
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3.6031 GBP
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10p ordinary
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SWAP
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Increasing Short
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2,351
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3.5967 GBP
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10p ordinary
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SWAP
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Increasing Short
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2,528
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3.6004 GBP
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10p ordinary
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SWAP
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Increasing Short
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72,963
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3.6040 GBP
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10p ordinary
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SWAP
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Increasing Short
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96,643
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3.6034 GBP
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10p ordinary
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CFD
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Opening Long
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450
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3.6140 GBP
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10p ordinary
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CFD
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Opening Long
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1,744
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3.6059 GBP
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10p ordinary
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CFD
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Opening Long
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2,175,016
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3.6139 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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24 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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