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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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26 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 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
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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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33,472,036
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2.43%
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32,714,900
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2.37%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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12,221,356
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0.89%
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33,051,762
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2.40%
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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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45,693,392
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3.31%
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65,766,662
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4.77%
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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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544,149
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4.5640 GBP
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10p ordinary
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Purchase
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445,275
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4.5619 GBP
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10p ordinary
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Purchase
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84,098
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4.5639 GBP
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10p ordinary
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Purchase
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78,053
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4.5548 GBP
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10p ordinary
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Purchase
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55,675
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4.5601 GBP
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10p ordinary
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Purchase
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49,623
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4.5757 GBP
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10p ordinary
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Purchase
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35,312
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4.5758 GBP
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10p ordinary
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Purchase
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21,274
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4.5777 GBP
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10p ordinary
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Purchase
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19,399
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4.4971 GBP
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10p ordinary
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Purchase
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17,043
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4.5720 GBP
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10p ordinary
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Purchase
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15,536
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4.5434 GBP
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10p ordinary
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Purchase
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9,456
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4.6119 GBP
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10p ordinary
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Purchase
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7,090
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4.5628 GBP
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10p ordinary
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Purchase
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6,284
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4.5787 GBP
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10p ordinary
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Purchase
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6,051
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4.5743 GBP
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10p ordinary
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Purchase
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5,843
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4.5234 GBP
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10p ordinary
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Purchase
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3,604
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4.5575 GBP
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10p ordinary
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Purchase
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3,576
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4.5147 GBP
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10p ordinary
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Purchase
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2,716
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4.4978 GBP
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10p ordinary
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Purchase
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1,907
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4.5435 GBP
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10p ordinary
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Purchase
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1,819
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4.5657 GBP
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10p ordinary
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Purchase
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1,715
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4.5670 GBP
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10p ordinary
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Purchase
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1,615
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4.6321 GBP
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10p ordinary
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Purchase
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1,390
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4.5888 GBP
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10p ordinary
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Purchase
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1,318
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4.6085 GBP
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10p ordinary
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Purchase
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1,294
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4.6123 GBP
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10p ordinary
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Purchase
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1,165
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4.5380 GBP
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10p ordinary
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Purchase
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1,154
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4.5600 GBP
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10p ordinary
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Purchase
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1,135
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4.5660 GBP
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10p ordinary
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Purchase
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1,070
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4.4980 GBP
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10p ordinary
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Purchase
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900
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4.5960 GBP
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10p ordinary
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Purchase
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900
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4.5958 GBP
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10p ordinary
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Purchase
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701
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4.5120 GBP
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10p ordinary
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Purchase
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679
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4.5880 GBP
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10p ordinary
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Purchase
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374
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4.5607 GBP
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10p ordinary
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Purchase
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181
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4.6320 GBP
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10p ordinary
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Purchase
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177
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4.6120 GBP
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10p ordinary
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Sale
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4,586,221
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4.5020 GBP
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10p ordinary
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Sale
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404,670
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4.5640 GBP
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10p ordinary
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Sale
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315,664
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4.5684 GBP
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10p ordinary
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Sale
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84,520
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4.5638 GBP
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10p ordinary
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Sale
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65,892
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4.5612 GBP
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10p ordinary
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Sale
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62,516
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4.5831 GBP
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10p ordinary
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Sale
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51,542
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4.5947 GBP
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10p ordinary
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Sale
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50,886
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4.5987 GBP
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10p ordinary
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Sale
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38,148
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4.6302 GBP
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10p ordinary
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Sale
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35,312
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4.5758 GBP
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10p ordinary
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Sale
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19,083
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4.5665 GBP
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10p ordinary
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Sale
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17,805
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4.5675 GBP
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10p ordinary
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Sale
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17,374
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4.6091 GBP
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10p ordinary
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Sale
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13,237
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4.5769 GBP
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10p ordinary
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Sale
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7,301
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4.5980 GBP
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10p ordinary
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Sale
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6,986
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4.5804 GBP
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10p ordinary
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Sale
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6,376
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4.6035 GBP
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10p ordinary
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Sale
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6,284
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4.5787 GBP
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10p ordinary
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Sale
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5,007
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4.5789 GBP
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10p ordinary
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Sale
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3,636
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4.5435 GBP
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10p ordinary
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Sale
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3,604
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4.5575 GBP
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10p ordinary
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Sale
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3,557
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4.6098 GBP
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10p ordinary
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Sale
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3,033
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4.5850 GBP
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10p ordinary
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Sale
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2,555
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4.5060 GBP
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10p ordinary
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Sale
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2,495
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4.6129 GBP
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10p ordinary
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Sale
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2,377
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4.5332 GBP
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10p ordinary
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Sale
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2,317
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4.6113 GBP
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10p ordinary
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Sale
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2,280
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4.5467 GBP
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10p ordinary
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Sale
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1,509
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4.5366 GBP
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10p ordinary
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Sale
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1,390
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4.5888 GBP
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10p ordinary
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Sale
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1,165
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4.5380 GBP
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10p ordinary
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Sale
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1,070
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4.4980 GBP
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10p ordinary
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Sale
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900
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4.5960 GBP
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10p ordinary
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Sale
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705
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4.5090 GBP
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10p ordinary
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Sale
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699
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4.5107 GBP
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10p ordinary
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Sale
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336
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4.6300 GBP
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10p ordinary
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Sale
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10
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4.6320 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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1,070
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4.4980 GBP
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10p ordinary
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CFD
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Decreasing Short
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191,750
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4.5639 GBP
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10p ordinary
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CFD
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Decreasing Short
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20,620
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4.6056 GBP
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10p ordinary
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CFD
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Increasing Short
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9,799
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4.4902 GBP
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10p ordinary
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CFD
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Increasing Short
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82
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4.5639 GBP
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10p ordinary
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CFD
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Increasing Short
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207,407
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4.5640 GBP
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10p ordinary
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CFD
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Increasing Short
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50,000
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4.5761 GBP
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10p ordinary
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CFD
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Increasing Short
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646
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4.5882 GBP
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10p ordinary
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SWAP
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Decreasing Long
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648
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4.5515 GBP
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10p ordinary
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SWAP
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Decreasing Long
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1,400
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4.5628 GBP
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10p ordinary
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SWAP
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Opening Long
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300,874
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4.5671 GBP
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10p ordinary
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SWAP
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Decreasing Long
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5,705
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4.5472 GBP
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10p ordinary
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SWAP
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Opening Short
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309,138
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4.5640 GBP
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10p ordinary
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SWAP
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Increasing Long
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4,586,221
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4.5020 GBP
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10p ordinary
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SWAP
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Increasing Long
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19,083
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4.5665 GBP
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10p ordinary
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SWAP
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Increasing Short
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1,587
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4.6321 GBP
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10p ordinary
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SWAP
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Increasing Short
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28
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4.6321 GBP
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10p ordinary
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SWAP
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Decreasing Short
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2,377
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4.5332 GBP
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10p ordinary
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SWAP
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Decreasing Short
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1,509
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4.5366 GBP
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|
10p ordinary
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SWAP
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Decreasing Short
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62,516
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4.5831 GBP
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|
10p ordinary
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SWAP
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Decreasing Short
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1,482
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4.5885 GBP
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|
10p ordinary
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SWAP
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Decreasing Short
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34,444
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4.5943 GBP
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|
10p ordinary
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SWAP
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Increasing Short
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3,576
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4.5147 GBP
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10p ordinary
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SWAP
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Increasing Short
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78,053
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4.5548 GBP
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|
10p ordinary
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SWAP
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Increasing Short
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55,675
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4.5601 GBP
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|
10p ordinary
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SWAP
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Increasing Short
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113,443
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4.5633 GBP
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10p ordinary
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SWAP
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Increasing Short
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35,403
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4.5649 GBP
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|
10p ordinary
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SWAP
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Increasing Short
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5,003
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4.5775 GBP
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|
10p ordinary
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SWAP
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Increasing Long
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38,148
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4.6302 GBP
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|
10p ordinary
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SWAP
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Decreasing Long
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2,288
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4.4977 GBP
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|
10p ordinary
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SWAP
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Decreasing Long
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428
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4.4980 GBP
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10p ordinary
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SWAP
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Decreasing Long
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15,536
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4.5434 GBP
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|
10p ordinary
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SWAP
|
Decreasing Short
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5,007
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4.5789 GBP
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|
10p ordinary
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SWAP
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Decreasing Short
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50,886
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4.5987 GBP
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|
10p ordinary
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SWAP
|
Decreasing Short
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31,357
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4.6035 GBP
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|
10p ordinary
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SWAP
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Increasing Short
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5,843
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4.5234 GBP
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|
10p ordinary
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SWAP
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Increasing Short
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3,323
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4.5519 GBP
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|
10p ordinary
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SWAP
|
Increasing Short
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74,216
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4.5640 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
|
|
|
Details of any indemnity or option arrangement, or any agreement or understanding,
|
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|
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formal or informal, relating to relevant securities which may be an inducement to deal
|
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party
|
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to the offer or any person acting in concert with a party to the offer:
|
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NONE
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(b)
|
Agreements, arrangements or understandings relating to options or derivatives
|
|
|
Details of any agreement, arrangement or understanding, formal or informal, between
|
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|
|
the person making the disclosure and any other person relating to:
|
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|
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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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|
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any derivative is referenced:
|
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NONE
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(c)
|
Attachments
|
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|
|
Is a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
29 Jul 2024
|
|
Contact name:
|
Large Holdings Regulatory Operations
|
|
Telephone number:
|
020 3134 7213
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