FORM 8.3
|
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
|
A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
|
MORE
|
Rule 8.3 of the Takeover Code
(the "Code")
|
1.
|
KEY
INFORMATION
|
(a)
|
Full name of discloser:
|
|
Barclays PLC.
|
(b)
|
Owner or controller of interest and short
|
|
|
positions disclosed, if different from 1(a):
|
(c)
|
Name of offeror/offeree in relation to whose
|
DS
SMITH PLC
|
|
relevant securities this form relates:
|
(d)
|
If
an exempt fund manager connected with an
|
|
|
offeror/offeree, state this and specify identity
of
|
|
offeror/offeree:
|
(e)
|
Date position held/dealing undertaken:
|
24
Jun 2024
|
(f)
|
In
addition to the company in 1(c) above, is the discloser
making
|
YES:
|
|
|
|
disclosures in respect of any other party to the
offer?
|
INTERNATIONAL PAPER COMPANY
|
|
2.
|
POSITIONS OF THE PERSON MAKING THE DISCLOSURE
|
(a)
|
Interests and short positions in the relevant securities of
the offeror or offeree
|
|
|
to
which the disclosure relates following the dealing(if
any)
|
|
Class of relevant security:
|
10p
ordinary
|
|
Interests
|
Short
Positions
|
|
Number
|
(%)
|
Number
|
(%)
|
(1)
|
Relevant securities owned
|
|
|
|
|
|
and/or controlled:
|
|
|
23,842,476
|
1.73%
|
32,693,061
|
2.37%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
9,074,801
|
0.66%
|
22,898,271
|
1.66%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
32,917,277
|
2.39%
|
55,591,332
|
4.03%
|
(b)
|
Rights to subscribe for new securities (including directors
and other executive
|
|
|
options)
|
|
|
|
|
|
|
Class of relevant security in relation to
|
|
|
|
|
which subscription right exists
|
|
|
|
|
Details, including nature of the rights
|
|
|
|
|
concerned and relevant percentages:
|
|
|
|
|
3.
|
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
|
(a)
|
Purchases and sales
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
security
|
|
securities
|
|
10p
ordinary
|
Purchase
|
359,104
|
3.6307 GBP
|
10p
ordinary
|
Purchase
|
331,964
|
3.6536 GBP
|
10p
ordinary
|
Purchase
|
288,108
|
3.6535 GBP
|
10p
ordinary
|
Purchase
|
153,829
|
3.6560 GBP
|
10p
ordinary
|
Purchase
|
149,898
|
3.6267 GBP
|
10p
ordinary
|
Purchase
|
116,614
|
3.6194 GBP
|
10p
ordinary
|
Purchase
|
87,740
|
3.6351 GBP
|
10p
ordinary
|
Purchase
|
40,000
|
3.6078 GBP
|
10p
ordinary
|
Purchase
|
27,757
|
3.6648 GBP
|
10p
ordinary
|
Purchase
|
27,468
|
3.6427 GBP
|
10p
ordinary
|
Purchase
|
15,477
|
3.6472 GBP
|
10p
ordinary
|
Purchase
|
9,330
|
3.6465 GBP
|
10p
ordinary
|
Purchase
|
8,562
|
3.6316 GBP
|
10p
ordinary
|
Purchase
|
8,021
|
3.6462 GBP
|
10p
ordinary
|
Purchase
|
7,185
|
3.6435 GBP
|
10p
ordinary
|
Purchase
|
6,072
|
3.6542 GBP
|
10p
ordinary
|
Purchase
|
5,616
|
3.6240 GBP
|
10p
ordinary
|
Purchase
|
4,707
|
3.6531 GBP
|
10p
ordinary
|
Purchase
|
4,520
|
3.6386 GBP
|
10p
ordinary
|
Purchase
|
4,227
|
3.6155 GBP
|
10p
ordinary
|
Purchase
|
3,503
|
3.6363 GBP
|
10p
ordinary
|
Purchase
|
3,027
|
3.6153 GBP
|
10p
ordinary
|
Purchase
|
2,543
|
3.6000 GBP
|
10p
ordinary
|
Purchase
|
2,473
|
3.6463 GBP
|
10p
ordinary
|
Purchase
|
1,977
|
3.6161 GBP
|
10p
ordinary
|
Purchase
|
1,948
|
3.6149 GBP
|
10p
ordinary
|
Purchase
|
1,609
|
3.6424 GBP
|
10p
ordinary
|
Purchase
|
1,545
|
3.6107 GBP
|
10p
ordinary
|
Purchase
|
1,461
|
3.6010 GBP
|
10p
ordinary
|
Purchase
|
1,411
|
3.6380 GBP
|
10p
ordinary
|
Purchase
|
1,384
|
3.6530 GBP
|
10p
ordinary
|
Purchase
|
1,299
|
3.6260 GBP
|
10p
ordinary
|
Purchase
|
1,047
|
3.6700 GBP
|
10p
ordinary
|
Purchase
|
1,042
|
3.6640 GBP
|
10p
ordinary
|
Purchase
|
1,013
|
3.6480 GBP
|
10p
ordinary
|
Purchase
|
962
|
3.6540 GBP
|
10p
ordinary
|
Purchase
|
941
|
3.6570 GBP
|
10p
ordinary
|
Purchase
|
925
|
3.6340 GBP
|
10p
ordinary
|
Purchase
|
918
|
3.6026 GBP
|
10p
ordinary
|
Purchase
|
797
|
3.6600 GBP
|
10p
ordinary
|
Purchase
|
681
|
3.6020 GBP
|
10p
ordinary
|
Purchase
|
514
|
3.6261 GBP
|
10p
ordinary
|
Purchase
|
320
|
3.6740 GBP
|
10p
ordinary
|
Purchase
|
202
|
3.6280 GBP
|
10p
ordinary
|
Sale
|
378,281
|
3.6503 GBP
|
10p
ordinary
|
Sale
|
217,392
|
3.6539 GBP
|
10p
ordinary
|
Sale
|
203,346
|
3.6320 GBP
|
10p
ordinary
|
Sale
|
161,612
|
3.6561 GBP
|
10p
ordinary
|
Sale
|
159,586
|
3.6215 GBP
|
10p
ordinary
|
Sale
|
157,991
|
3.6280 GBP
|
10p
ordinary
|
Sale
|
147,179
|
3.6560 GBP
|
10p
ordinary
|
Sale
|
120,420
|
3.6552 GBP
|
10p
ordinary
|
Sale
|
73,864
|
3.6238 GBP
|
10p
ordinary
|
Sale
|
73,673
|
3.6295 GBP
|
10p
ordinary
|
Sale
|
61,866
|
3.6340 GBP
|
10p
ordinary
|
Sale
|
50,432
|
3.6370 GBP
|
10p
ordinary
|
Sale
|
29,683
|
3.6242 GBP
|
10p
ordinary
|
Sale
|
25,102
|
3.6249 GBP
|
10p
ordinary
|
Sale
|
24,797
|
3.6402 GBP
|
10p
ordinary
|
Sale
|
22,361
|
3.6192 GBP
|
10p
ordinary
|
Sale
|
17,186
|
3.6250 GBP
|
10p
ordinary
|
Sale
|
16,297
|
3.6252 GBP
|
10p
ordinary
|
Sale
|
14,661
|
3.6297 GBP
|
10p
ordinary
|
Sale
|
12,077
|
3.6078 GBP
|
10p
ordinary
|
Sale
|
9,592
|
3.6151 GBP
|
10p
ordinary
|
Sale
|
8,407
|
3.6225 GBP
|
10p
ordinary
|
Sale
|
8,407
|
3.6239 GBP
|
10p
ordinary
|
Sale
|
8,301
|
3.6193 GBP
|
10p
ordinary
|
Sale
|
7,521
|
3.6428 GBP
|
10p
ordinary
|
Sale
|
7,105
|
3.6243 GBP
|
10p
ordinary
|
Sale
|
4,519
|
3.6146 GBP
|
10p
ordinary
|
Sale
|
3,848
|
3.6240 GBP
|
10p
ordinary
|
Sale
|
3,567
|
3.6434 GBP
|
10p
ordinary
|
Sale
|
3,088
|
3.6559 GBP
|
10p
ordinary
|
Sale
|
2,984
|
3.6259 GBP
|
10p
ordinary
|
Sale
|
2,508
|
3.6035 GBP
|
10p
ordinary
|
Sale
|
2,208
|
3.6290 GBP
|
10p
ordinary
|
Sale
|
1,949
|
3.6156 GBP
|
10p
ordinary
|
Sale
|
1,787
|
3.6020 GBP
|
10p
ordinary
|
Sale
|
1,756
|
3.6055 GBP
|
10p
ordinary
|
Sale
|
1,299
|
3.6260 GBP
|
10p
ordinary
|
Sale
|
1,086
|
3.6335 GBP
|
10p
ordinary
|
Sale
|
1,047
|
3.6700 GBP
|
10p
ordinary
|
Sale
|
1,042
|
3.6640 GBP
|
10p
ordinary
|
Sale
|
1,013
|
3.6480 GBP
|
10p
ordinary
|
Sale
|
988
|
3.6230 GBP
|
10p
ordinary
|
Sale
|
962
|
3.6540 GBP
|
10p
ordinary
|
Sale
|
797
|
3.6600 GBP
|
10p
ordinary
|
Sale
|
777
|
3.6200 GBP
|
10p
ordinary
|
Sale
|
620
|
3.6080 GBP
|
10p
ordinary
|
Sale
|
320
|
3.6740 GBP
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
10p
ordinary
|
CFD
|
Decreasing Long
|
7
|
3.6557 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
681
|
3.6020 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
9,577
|
3.6559 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
13,587
|
3.6373 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
105,430
|
3.6560 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
620
|
3.6080 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,152
|
3.5892 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,088
|
3.6559 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,519
|
3.6146 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
37,559
|
3.6345 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
39,515
|
3.6241 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
73,864
|
3.6238 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
112,164
|
3.6215 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
135,136
|
3.6560 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
156,278
|
3.6560 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
1,013
|
3.6479 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
9,118
|
3.6328 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
9,577
|
3.6559 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
12,465
|
3.6317 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
15,151
|
3.6017 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
18,500
|
3.6154 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
73,673
|
3.6295 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
120,420
|
3.6552 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
918
|
3.6026 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,751
|
3.6081 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,027
|
3.6153 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
27,757
|
3.6648 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
116,614
|
3.6194 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
170,961
|
3.6546 GBP
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions (including
options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
Class
|
Product
|
Writing,
|
Number
|
Exercise
|
Type
|
Expiry
|
Option
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
security
|
|
varying etc
|
to which
|
|
|
|
received
|
|
|
|
option
|
|
|
|
per unit
|
|
|
|
relates
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for new
securities)
|
|
Class of
relevant
|
Nature of
Dealings
|
Details
|
Price per unit
(if
|
security
|
|
|
applicable)
|
|
|
|
|
4.
|
OTHER
INFORMATION
|
(a)
|
Indemnity and other dealings arrangements
|
|
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 exempt principal trader
making the disclosure and any party
|
|
to
the offer or any person acting in concert with a party to the
offer:
|
|
|
|
NONE
|
(b)
|
Agreements, arrangements or understandings relating to options
or derivatives
|
|
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:
|
|
|
|
|
|
|
NONE
|
(c)
|
Attachments
|
|
|
|
|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
25 Jun 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
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