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FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR
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MORE
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Rule 8.3 of the Takeover Code (the "Code")
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1.
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KEY INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
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positions disclosed, if different from 1(a):
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(c)
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Name of offeror/offeree in relation to whose
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DS SMITH PLC
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relevant securities this form relates:
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(d)
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If an exempt fund manager connected with an
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offeror/offeree, state this and specify identity of
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offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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16 Jul 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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38,432,134
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2.79%
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25,433,791
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1.84%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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7,901,930
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0.57%
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37,807,228
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2.74%
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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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46,334,064
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3.36%
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63,241,019
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4.58%
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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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643,146
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4.3800 GBP
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10p ordinary
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Purchase
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460,276
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4.3777 GBP
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10p ordinary
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Purchase
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144,945
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4.3797 GBP
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10p ordinary
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Purchase
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30,633
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4.3447 GBP
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10p ordinary
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Purchase
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25,804
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4.2989 GBP
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10p ordinary
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Purchase
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21,349
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4.2740 GBP
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10p ordinary
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Purchase
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11,515
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4.2579 GBP
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10p ordinary
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Purchase
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7,453
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4.2640 GBP
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10p ordinary
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Purchase
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5,414
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4.3796 GBP
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10p ordinary
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Purchase
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5,208
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4.3370 GBP
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10p ordinary
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Purchase
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2,974
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4.3419 GBP
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10p ordinary
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Purchase
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2,809
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4.3765 GBP
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10p ordinary
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Purchase
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1,836
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4.3183 GBP
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10p ordinary
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Purchase
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1,337
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4.3099 GBP
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10p ordinary
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Purchase
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1,336
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4.3742 GBP
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10p ordinary
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Purchase
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1,306
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4.2700 GBP
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10p ordinary
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Purchase
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1,273
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4.3626 GBP
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10p ordinary
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Purchase
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942
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4.2930 GBP
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10p ordinary
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Purchase
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817
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4.3764 GBP
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10p ordinary
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Purchase
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780
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4.3097 GBP
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10p ordinary
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Purchase
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756
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4.3020 GBP
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10p ordinary
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Purchase
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659
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4.2594 GBP
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10p ordinary
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Purchase
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384
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4.3263 GBP
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10p ordinary
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Purchase
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186
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4.2680 GBP
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10p ordinary
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Purchase
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12
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4.2620 GBP
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10p ordinary
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Purchase
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9
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4.2660 GBP
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10p ordinary
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Purchase
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4
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4.3620 GBP
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10p ordinary
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Sale
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641,173
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4.3796 GBP
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10p ordinary
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Sale
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446,918
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4.3800 GBP
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10p ordinary
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Sale
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395,523
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4.3695 GBP
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10p ordinary
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Sale
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277,822
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4.3720 GBP
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10p ordinary
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Sale
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143,929
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4.3802 GBP
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10p ordinary
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Sale
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117,611
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4.3220 GBP
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10p ordinary
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Sale
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72,967
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4.3189 GBP
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10p ordinary
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Sale
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40,580
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4.3195 GBP
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10p ordinary
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Sale
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20,191
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4.3392 GBP
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10p ordinary
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Sale
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19,814
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4.3107 GBP
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10p ordinary
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Sale
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10,384
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4.2819 GBP
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10p ordinary
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Sale
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8,346
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4.3533 GBP
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10p ordinary
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Sale
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6,707
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4.2640 GBP
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10p ordinary
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Sale
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5,659
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4.2811 GBP
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10p ordinary
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Sale
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4,683
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4.3185 GBP
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10p ordinary
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Sale
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4,010
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4.3613 GBP
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10p ordinary
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Sale
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2,844
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4.3427 GBP
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10p ordinary
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Sale
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2,702
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4.3218 GBP
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10p ordinary
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Sale
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2,579
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4.2649 GBP
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10p ordinary
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Sale
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1,800
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4.3053 GBP
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10p ordinary
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Sale
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1,798
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4.2639 GBP
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10p ordinary
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Sale
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1,449
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4.3499 GBP
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10p ordinary
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Sale
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1,336
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4.3742 GBP
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10p ordinary
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Sale
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1,232
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4.3240 GBP
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10p ordinary
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Sale
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1,199
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4.2610 GBP
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10p ordinary
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Sale
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1,120
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4.3200 GBP
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10p ordinary
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Sale
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852
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4.3680 GBP
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10p ordinary
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Sale
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606
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4.2900 GBP
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10p ordinary
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Sale
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600
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4.3430 GBP
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10p ordinary
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Sale
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583
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4.2780 GBP
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10p ordinary
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Sale
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283
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4.2680 GBP
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10p ordinary
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Sale
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200
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4.3180 GBP
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10p ordinary
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Sale
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196
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4.2600 GBP
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10p ordinary
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Sale
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87
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4.3323 GBP
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10p ordinary
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Sale
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4
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4.3620 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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Decreasing Short
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2,759
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4.2625 GBP
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10p ordinary
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CFD
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Decreasing Short
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4,702
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4.2640 GBP
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10p ordinary
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CFD
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Decreasing Short
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4,930
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4.3800 GBP
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10p ordinary
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CFD
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Increasing Short
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1,334
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4.3336 GBP
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10p ordinary
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CFD
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Increasing Short
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206
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4.3503 GBP
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10p ordinary
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CFD
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Increasing Short
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1,336
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4.3742 GBP
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10p ordinary
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CFD
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Increasing Short
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439,444
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4.3800 GBP
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10p ordinary
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SWAP
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Increasing Long
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1,800
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4.3053 GBP
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10p ordinary
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SWAP
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Decreasing Short
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641,173
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4.3796 GBP
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10p ordinary
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SWAP
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Decreasing Short
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1,798
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4.2639 GBP
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10p ordinary
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SWAP
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Decreasing Short
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212
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4.2640 GBP
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10p ordinary
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SWAP
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Decreasing Short
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2,579
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4.2649 GBP
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10p ordinary
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SWAP
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Decreasing Short
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283
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4.2680 GBP
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10p ordinary
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SWAP
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Decreasing Short
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55,047
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4.3163 GBP
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10p ordinary
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SWAP
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Decreasing Short
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117,611
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4.3220 GBP
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10p ordinary
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SWAP
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Decreasing Short
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55,744
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4.3722 GBP
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10p ordinary
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SWAP
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Decreasing Short
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117,882
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4.3800 GBP
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10p ordinary
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SWAP
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Increasing Short
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659
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4.2594 GBP
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10p ordinary
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SWAP
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Increasing Short
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3,540
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4.2640 GBP
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10p ordinary
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SWAP
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Increasing Short
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186
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4.2680 GBP
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10p ordinary
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SWAP
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Increasing Short
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25,804
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4.2989 GBP
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10p ordinary
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SWAP
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Increasing Short
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19,376
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4.3716 GBP
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10p ordinary
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SWAP
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Increasing Long
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3,910
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4.3533 GBP
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10p ordinary
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SWAP
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Decreasing Long
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21,349
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4.2740 GBP
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10p ordinary
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SWAP
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Decreasing Long
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926
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4.3746 GBP
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10p ordinary
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SWAP
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Decreasing Long
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1,883
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4.3774 GBP
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10p ordinary
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SWAP
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Increasing Long
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200,000
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4.3603 GBP
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10p ordinary
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SWAP
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Decreasing Short
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425
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4.2640 GBP
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10p ordinary
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SWAP
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Decreasing Short
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40,580
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4.3195 GBP
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10p ordinary
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SWAP
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Decreasing Short
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33,750
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4.3207 GBP
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10p ordinary
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SWAP
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Decreasing Short
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123,466
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4.3800 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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17 Jul 2024
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|
Contact name:
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Large Holdings Regulatory Operations
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Telephone number:
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020 3134 7213
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