|
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
relevant securities this form relates:
|
DS
SMITH PLC
|
|
(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:
|
16
Aug 2024
|
|
(f)
|
In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
|
YES:
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:
|
34,539,860
|
2.50%
|
32,425,593
|
2.35%
|
|
(2)
Cash-settled derivatives:
|
11,907,622
|
0.86%
|
33,593,242
|
2.43%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
|
TOTAL:
|
46,447,482
|
3.37%
|
66,018,835
|
4.78%
|
|
(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 PERSON MAKING THE
DISCLOSURE
|
|
(a)
|
Purchase and sales
|
|
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
|
10p
ordinary
|
Purchase
|
2,204,039
|
4.6126 GBP
|
|
10p
ordinary
|
Purchase
|
164,564
|
4.6088 GBP
|
|
10p
ordinary
|
Purchase
|
130,216
|
4.6327 GBP
|
|
10p
ordinary
|
Purchase
|
112,873
|
4.6374 GBP
|
|
10p
ordinary
|
Purchase
|
107,252
|
4.5731 GBP
|
|
10p
ordinary
|
Purchase
|
89,055
|
4.6377 GBP
|
|
10p
ordinary
|
Purchase
|
80,067
|
4.6029 GBP
|
|
10p
ordinary
|
Purchase
|
63,365
|
4.6000 GBP
|
|
10p
ordinary
|
Purchase
|
46,700
|
4.6012 GBP
|
|
10p
ordinary
|
Purchase
|
35,837
|
4.6149 GBP
|
|
10p
ordinary
|
Purchase
|
34,714
|
4.6094 GBP
|
|
10p
ordinary
|
Purchase
|
30,590
|
4.5810 GBP
|
|
10p
ordinary
|
Purchase
|
11,281
|
4.5903 GBP
|
|
10p
ordinary
|
Purchase
|
8,983
|
4.5834 GBP
|
|
10p
ordinary
|
Purchase
|
5,900
|
4.5860 GBP
|
|
10p
ordinary
|
Purchase
|
5,291
|
4.5760 GBP
|
|
10p
ordinary
|
Purchase
|
3,690
|
4.5740 GBP
|
|
10p
ordinary
|
Purchase
|
3,403
|
4.6371 GBP
|
|
10p
ordinary
|
Purchase
|
3,200
|
4.6380 GBP
|
|
10p
ordinary
|
Purchase
|
2,947
|
4.5850 GBP
|
|
10p
ordinary
|
Purchase
|
2,319
|
4.5660 GBP
|
|
10p
ordinary
|
Purchase
|
2,291
|
4.5812 GBP
|
|
10p
ordinary
|
Purchase
|
2,287
|
4.5720 GBP
|
|
10p
ordinary
|
Purchase
|
2,111
|
4.5880 GBP
|
|
10p
ordinary
|
Purchase
|
2,111
|
4.5875 GBP
|
|
10p
ordinary
|
Purchase
|
1,537
|
4.6271 GBP
|
|
10p
ordinary
|
Purchase
|
1,414
|
4.6280 GBP
|
|
10p
ordinary
|
Purchase
|
836
|
4.5680 GBP
|
|
10p
ordinary
|
Purchase
|
669
|
4.5700 GBP
|
|
10p
ordinary
|
Purchase
|
23
|
4.5747 GBP
|
|
10p
ordinary
|
Sale
|
512,400
|
4.6123 GBP
|
|
10p
ordinary
|
Sale
|
283,141
|
4.6340 GBP
|
|
10p
ordinary
|
Sale
|
253,690
|
4.5740 GBP
|
|
10p
ordinary
|
Sale
|
247,004
|
4.6280 GBP
|
|
10p
ordinary
|
Sale
|
201,129
|
4.6344 GBP
|
|
10p
ordinary
|
Sale
|
158,720
|
4.5890 GBP
|
|
10p
ordinary
|
Sale
|
133,899
|
4.6322 GBP
|
|
10p
ordinary
|
Sale
|
129,379
|
4.6320 GBP
|
|
10p
ordinary
|
Sale
|
129,173
|
4.6053 GBP
|
|
10p
ordinary
|
Sale
|
86,792
|
4.6385 GBP
|
|
10p
ordinary
|
Sale
|
72,731
|
4.5996 GBP
|
|
10p
ordinary
|
Sale
|
72,248
|
4.6165 GBP
|
|
10p
ordinary
|
Sale
|
63,365
|
4.6000 GBP
|
|
10p
ordinary
|
Sale
|
58,844
|
4.5952 GBP
|
|
10p
ordinary
|
Sale
|
54,346
|
4.6188 GBP
|
|
10p
ordinary
|
Sale
|
48,797
|
4.6310 GBP
|
|
10p
ordinary
|
Sale
|
40,448
|
4.6380 GBP
|
|
10p
ordinary
|
Sale
|
39,929
|
4.6381 GBP
|
|
10p
ordinary
|
Sale
|
38,743
|
4.6116 GBP
|
|
10p
ordinary
|
Sale
|
25,124
|
4.6207 GBP
|
|
10p
ordinary
|
Sale
|
24,974
|
4.6131 GBP
|
|
10p
ordinary
|
Sale
|
22,794
|
4.6054 GBP
|
|
10p
ordinary
|
Sale
|
21,436
|
4.6333 GBP
|
|
10p
ordinary
|
Sale
|
19,923
|
4.5985 GBP
|
|
10p
ordinary
|
Sale
|
19,703
|
4.6276 GBP
|
|
10p
ordinary
|
Sale
|
15,157
|
4.6281 GBP
|
|
10p
ordinary
|
Sale
|
14,943
|
4.6214 GBP
|
|
10p
ordinary
|
Sale
|
8,115
|
4.5719 GBP
|
|
10p
ordinary
|
Sale
|
7,992
|
4.6321 GBP
|
|
10p
ordinary
|
Sale
|
7,490
|
4.6147 GBP
|
|
10p
ordinary
|
Sale
|
6,809
|
4.6339 GBP
|
|
10p
ordinary
|
Sale
|
6,641
|
4.6374 GBP
|
|
10p
ordinary
|
Sale
|
6,309
|
4.6062 GBP
|
|
10p
ordinary
|
Sale
|
6,158
|
4.6077 GBP
|
|
10p
ordinary
|
Sale
|
5,411
|
4.6162 GBP
|
|
10p
ordinary
|
Sale
|
5,181
|
4.6013 GBP
|
|
10p
ordinary
|
Sale
|
5,155
|
4.6311 GBP
|
|
10p
ordinary
|
Sale
|
4,937
|
4.5879 GBP
|
|
10p
ordinary
|
Sale
|
4,429
|
4.6373 GBP
|
|
10p
ordinary
|
Sale
|
4,231
|
4.6343 GBP
|
|
10p
ordinary
|
Sale
|
4,042
|
4.5660 GBP
|
|
10p
ordinary
|
Sale
|
3,976
|
4.6010 GBP
|
|
10p
ordinary
|
Sale
|
3,701
|
4.5700 GBP
|
|
10p
ordinary
|
Sale
|
3,335
|
4.5721 GBP
|
|
10p
ordinary
|
Sale
|
2,953
|
4.5862 GBP
|
|
10p
ordinary
|
Sale
|
2,507
|
4.5898 GBP
|
|
10p
ordinary
|
Sale
|
2,145
|
4.5720 GBP
|
|
10p
ordinary
|
Sale
|
2,111
|
4.5880 GBP
|
|
10p
ordinary
|
Sale
|
2,024
|
4.6059 GBP
|
|
10p
ordinary
|
Sale
|
1,905
|
4.5785 GBP
|
|
10p
ordinary
|
Sale
|
1,871
|
4.6213 GBP
|
|
10p
ordinary
|
Sale
|
1,740
|
4.6358 GBP
|
|
10p
ordinary
|
Sale
|
1,306
|
4.6363 GBP
|
|
10p
ordinary
|
Sale
|
1,294
|
4.5760 GBP
|
|
10p
ordinary
|
Sale
|
1,224
|
4.6337 GBP
|
|
10p
ordinary
|
Sale
|
1,078
|
4.6400 GBP
|
|
10p
ordinary
|
Sale
|
836
|
4.5680 GBP
|
|
10p
ordinary
|
Sale
|
444
|
4.5650 GBP
|
|
10p
ordinary
|
Sale
|
444
|
4.5600 GBP
|
|
10p
ordinary
|
Sale
|
314
|
4.5910 GBP
|
|
10p
ordinary
|
Sale
|
192
|
4.5820 GBP
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
12,593
|
4.6179 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
4,903
|
4.6362 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
6,641
|
4.6374 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
6,522
|
4.6379 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
8,154
|
4.5727 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
23
|
4.5747 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
63,365
|
4.6000 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,178
|
4.6379 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
4,429
|
4.6373 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,507
|
4.5898 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
28,194
|
4.6098 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
25,124
|
4.6207 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
14,649
|
4.6320 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,362
|
4.6380 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,997
|
4.5760 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
80,067
|
4.6029 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
29,357
|
4.6049 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
55,293
|
4.6270 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2
|
4.6300 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,899
|
4.6380 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Short
|
30,590
|
4.5810 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
7,992
|
4.6321 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
9,748
|
4.6332 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
398
|
4.6380 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
21,331
|
4.5964 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
35,837
|
4.6149 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,899
|
4.6380 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
10,677
|
4.6200 GBP
|
|
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions
(including options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
Class
of
relevant
security
|
Product
description
|
Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
|
Expiry
date
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
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 person 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:
|
19 Aug 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|