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
positions disclosed, if different from 1(a):
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(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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DS SMITH PLC
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(d)
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If an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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23 Jul 2024
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(f)
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In addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the offer?
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YES:
INTERNATIONAL PAPER CO
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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
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) Relevant securities owned and/or controlled:
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36,020,718
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2.61%
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28,102,101
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2.04%
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(2) Cash-settled derivatives:
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7,696,997
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0.56%
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35,994,423
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2.61%
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(3) Stock-settled derivatives (including options) 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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43,717,715
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3.17%
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64,096,524
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4.65%
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(b)
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Rights to subscribe for new securities (including directors and
other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Number of
securities
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Price per unit
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10p ordinary
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Purchase
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283,345
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4.4600 GBP
|
10p ordinary
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Purchase
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207,576
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4.4660 GBP
|
10p ordinary
|
Purchase
|
61,190
|
4.4792 GBP
|
10p ordinary
|
Purchase
|
49,671
|
4.4597 GBP
|
10p ordinary
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Purchase
|
43,775
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4.4947 GBP
|
10p ordinary
|
Purchase
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42,038
|
4.4742 GBP
|
10p ordinary
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Purchase
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32,250
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4.4829 GBP
|
10p ordinary
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Purchase
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27,262
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4.4946 GBP
|
10p ordinary
|
Purchase
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25,835
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4.4896 GBP
|
10p ordinary
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Purchase
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17,912
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4.4671 GBP
|
10p ordinary
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Purchase
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11,585
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4.4770 GBP
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10p ordinary
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Purchase
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9,089
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4.4909 GBP
|
10p ordinary
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Purchase
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8,423
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4.4898 GBP
|
10p ordinary
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Purchase
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7,056
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4.4844 GBP
|
10p ordinary
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Purchase
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4,675
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4.4812 GBP
|
10p ordinary
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Purchase
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4,671
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4.4843 GBP
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10p ordinary
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Purchase
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4,597
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4.4823 GBP
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10p ordinary
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Purchase
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4,107
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4.4764 GBP
|
10p ordinary
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Purchase
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4,098
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4.4854 GBP
|
10p ordinary
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Purchase
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3,628
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4.4840 GBP
|
10p ordinary
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Purchase
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3,087
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4.5043 GBP
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10p ordinary
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Purchase
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2,914
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4.4971 GBP
|
10p ordinary
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Purchase
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2,374
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4.4848 GBP
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10p ordinary
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Purchase
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2,280
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4.4954 GBP
|
10p ordinary
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Purchase
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1,916
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4.4900 GBP
|
10p ordinary
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Purchase
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1,670
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4.5100 GBP
|
10p ordinary
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Purchase
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1,524
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4.4880 GBP
|
10p ordinary
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Purchase
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1,460
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4.4711 GBP
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10p ordinary
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Purchase
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1,379
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4.4992 GBP
|
10p ordinary
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Purchase
|
973
|
4.4920 GBP
|
10p ordinary
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Purchase
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903
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4.4960 GBP
|
10p ordinary
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Purchase
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794
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4.4690 GBP
|
10p ordinary
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Purchase
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645
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4.4580 GBP
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10p ordinary
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Purchase
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76
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4.4860 GBP
|
10p ordinary
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Sale
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308,932
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4.4604 GBP
|
10p ordinary
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Sale
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253,526
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4.4600 GBP
|
10p ordinary
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Sale
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175,000
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4.4866 GBP
|
10p ordinary
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Sale
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73,371
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4.4698 GBP
|
10p ordinary
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Sale
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25,000
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4.4940 GBP
|
10p ordinary
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Sale
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15,394
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4.4670 GBP
|
10p ordinary
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Sale
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4,210
|
4.4881 GBP
|
10p ordinary
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Sale
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2,262
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4.5020 GBP
|
10p ordinary
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Sale
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1,783
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4.4848 GBP
|
10p ordinary
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Sale
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1,670
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4.5100 GBP
|
10p ordinary
|
Sale
|
387
|
4.4760 GBP
|
10p ordinary
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Sale
|
223
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4.4800 GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product description
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Nature of dealing
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Number of
reference
securities
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Price per
unit
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10p ordinary
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CFD
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Decreasing Short
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135,641
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4.4600 GBP
|
10p ordinary
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CFD
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Increasing Short
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2,420
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4.4600 GBP
|
10p ordinary
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CFD
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Increasing Short
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30,000
|
4.4737 GBP
|
10p ordinary
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CFD
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Increasing Short
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10,610
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4.4871 GBP
|
10p ordinary
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CFD
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Increasing Short
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1,670
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4.5100 GBP
|
10p ordinary
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SWAP
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Decreasing Long
|
492
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4.4650 GBP
|
10p ordinary
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SWAP
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Decreasing Short
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15,394
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4.4670 GBP
|
10p ordinary
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SWAP
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Decreasing Short
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2,170
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4.4833 GBP
|
10p ordinary
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SWAP
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Decreasing Short
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4,210
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4.4881 GBP
|
10p ordinary
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SWAP
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Increasing Short
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115,396
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4.4602 GBP
|
10p ordinary
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SWAP
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Increasing Short
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61,190
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4.4792 GBP
|
10p ordinary
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SWAP
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Increasing Short
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320
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4.4900 GBP
|
10p ordinary
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SWAP
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Increasing Short
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267
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4.5100 GBP
|
10p ordinary
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SWAP
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Decreasing Long
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986
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4.4834 GBP
|
10p ordinary
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SWAP
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Decreasing Long
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8,103
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4.4918 GBP
|
10p ordinary
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SWAP
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Decreasing Long
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3,087
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4.5043 GBP
|
10p ordinary
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SWAP
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Decreasing Short
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73,371
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4.4698 GBP
|
10p ordinary
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SWAP
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Increasing Short
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48,549
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4.4600 GBP
|
10p ordinary
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SWAP
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Increasing Short
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1,460
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4.4711 GBP
|
10p ordinary
|
SWAP
|
Increasing Long
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28,061
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4.4900 GBP
|
10p ordinary
|
SWAP
|
Increasing Long
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158,157
|
4.5100 GBP
|
10p ordinary
|
SWAP
|
Increasing Short
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170,000
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4.4834 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
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
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(ii)
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Exercising
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Class of relevant
security
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Product description
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Exercising/ exercised against
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Number of
securities
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Exercise price per
unit
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(d)
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Other dealings (including subscribing for
new securities)
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Class of relevant
security
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Nature of Dealings
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Details
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Price per unit (if
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,
formal or informal, relating to relevant securities which may be an inducement to deal
or refrain from dealing entered into by the person making the disclosure and any party
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
the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights of future acquisition or disposal of any relevant securities to which
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 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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