|
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:
|
25
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:
|
|
|
22,685,294
|
1.64%
|
23,688,038
|
1.72%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
9,407,283
|
0.68%
|
21,843,859
|
1.58%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
32,092,577
|
2.33%
|
45,531,897
|
3.30%
|
|
(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
|
9,347,002
|
3.6703 GBP
|
|
10p
ordinary
|
Purchase
|
297,638
|
3.6590 GBP
|
|
10p
ordinary
|
Purchase
|
279,916
|
3.6996 GBP
|
|
10p
ordinary
|
Purchase
|
158,810
|
3.6699 GBP
|
|
10p
ordinary
|
Purchase
|
137,693
|
3.7087 GBP
|
|
10p
ordinary
|
Purchase
|
132,115
|
3.6698 GBP
|
|
10p
ordinary
|
Purchase
|
99,182
|
3.7040 GBP
|
|
10p
ordinary
|
Purchase
|
93,476
|
3.7069 GBP
|
|
10p
ordinary
|
Purchase
|
86,178
|
3.7073 GBP
|
|
10p
ordinary
|
Purchase
|
86,061
|
3.6441 GBP
|
|
10p
ordinary
|
Purchase
|
81,817
|
3.6500 GBP
|
|
10p
ordinary
|
Purchase
|
72,517
|
3.6974 GBP
|
|
10p
ordinary
|
Purchase
|
71,138
|
3.6890 GBP
|
|
10p
ordinary
|
Purchase
|
62,163
|
3.6476 GBP
|
|
10p
ordinary
|
Purchase
|
46,933
|
3.6501 GBP
|
|
10p
ordinary
|
Purchase
|
38,934
|
3.7080 GBP
|
|
10p
ordinary
|
Purchase
|
34,487
|
3.6537 GBP
|
|
10p
ordinary
|
Purchase
|
33,025
|
3.6715 GBP
|
|
10p
ordinary
|
Purchase
|
32,536
|
3.6474 GBP
|
|
10p
ordinary
|
Purchase
|
31,650
|
3.6702 GBP
|
|
10p
ordinary
|
Purchase
|
24,924
|
3.6406 GBP
|
|
10p
ordinary
|
Purchase
|
22,077
|
3.6837 GBP
|
|
10p
ordinary
|
Purchase
|
22,036
|
3.6460 GBP
|
|
10p
ordinary
|
Purchase
|
20,566
|
3.6495 GBP
|
|
10p
ordinary
|
Purchase
|
19,806
|
3.6862 GBP
|
|
10p
ordinary
|
Purchase
|
19,180
|
3.6466 GBP
|
|
10p
ordinary
|
Purchase
|
15,071
|
3.6529 GBP
|
|
10p
ordinary
|
Purchase
|
12,707
|
3.6541 GBP
|
|
10p
ordinary
|
Purchase
|
12,372
|
3.6888 GBP
|
|
10p
ordinary
|
Purchase
|
9,681
|
3.6418 GBP
|
|
10p
ordinary
|
Purchase
|
9,568
|
3.6539 GBP
|
|
10p
ordinary
|
Purchase
|
9,519
|
3.6544 GBP
|
|
10p
ordinary
|
Purchase
|
7,077
|
3.6478 GBP
|
|
10p
ordinary
|
Purchase
|
5,442
|
3.6518 GBP
|
|
10p
ordinary
|
Purchase
|
5,252
|
3.6464 GBP
|
|
10p
ordinary
|
Purchase
|
5,131
|
3.6611 GBP
|
|
10p
ordinary
|
Purchase
|
4,633
|
3.6558 GBP
|
|
10p
ordinary
|
Purchase
|
4,062
|
3.6514 GBP
|
|
10p
ordinary
|
Purchase
|
4,060
|
3.6564 GBP
|
|
10p
ordinary
|
Purchase
|
3,850
|
3.6414 GBP
|
|
10p
ordinary
|
Purchase
|
2,246
|
3.6635 GBP
|
|
10p
ordinary
|
Purchase
|
1,789
|
3.6459 GBP
|
|
10p
ordinary
|
Purchase
|
1,582
|
3.6579 GBP
|
|
10p
ordinary
|
Purchase
|
1,393
|
3.6380 GBP
|
|
10p
ordinary
|
Purchase
|
1,285
|
3.6480 GBP
|
|
10p
ordinary
|
Purchase
|
1,211
|
3.6540 GBP
|
|
10p
ordinary
|
Purchase
|
1,153
|
3.6340 GBP
|
|
10p
ordinary
|
Purchase
|
1,099
|
3.6680 GBP
|
|
10p
ordinary
|
Purchase
|
913
|
3.6880 GBP
|
|
10p
ordinary
|
Purchase
|
871
|
3.7560 GBP
|
|
10p
ordinary
|
Purchase
|
793
|
3.6820 GBP
|
|
10p
ordinary
|
Purchase
|
676
|
3.6560 GBP
|
|
10p
ordinary
|
Purchase
|
559
|
3.6555 GBP
|
|
10p
ordinary
|
Purchase
|
200
|
3.6860 GBP
|
|
10p
ordinary
|
Purchase
|
165
|
3.6360 GBP
|
|
10p
ordinary
|
Purchase
|
47
|
3.6580 GBP
|
|
10p
ordinary
|
Purchase
|
44
|
3.6400 GBP
|
|
10p
ordinary
|
Purchase
|
29
|
3.7380 GBP
|
|
10p
ordinary
|
Purchase
|
22
|
3.6670 GBP
|
|
10p
ordinary
|
Purchase
|
16
|
3.6551 GBP
|
|
10p
ordinary
|
Sale
|
1,145,577
|
3.7046 GBP
|
|
10p
ordinary
|
Sale
|
702,696
|
3.6543 GBP
|
|
10p
ordinary
|
Sale
|
347,560
|
3.6701 GBP
|
|
10p
ordinary
|
Sale
|
240,056
|
3.6700 GBP
|
|
10p
ordinary
|
Sale
|
226,417
|
3.7081 GBP
|
|
10p
ordinary
|
Sale
|
126,130
|
3.6686 GBP
|
|
10p
ordinary
|
Sale
|
104,578
|
3.6998 GBP
|
|
10p
ordinary
|
Sale
|
102,408
|
3.6654 GBP
|
|
10p
ordinary
|
Sale
|
100,556
|
3.6679 GBP
|
|
10p
ordinary
|
Sale
|
100,000
|
3.6551 GBP
|
|
10p
ordinary
|
Sale
|
86,178
|
3.7073 GBP
|
|
10p
ordinary
|
Sale
|
62,549
|
3.6673 GBP
|
|
10p
ordinary
|
Sale
|
38,610
|
3.7080 GBP
|
|
10p
ordinary
|
Sale
|
28,489
|
3.7062 GBP
|
|
10p
ordinary
|
Sale
|
16,288
|
3.6739 GBP
|
|
10p
ordinary
|
Sale
|
12,372
|
3.6888 GBP
|
|
10p
ordinary
|
Sale
|
11,601
|
3.6537 GBP
|
|
10p
ordinary
|
Sale
|
10,922
|
3.6688 GBP
|
|
10p
ordinary
|
Sale
|
9,740
|
3.6554 GBP
|
|
10p
ordinary
|
Sale
|
7,819
|
3.6651 GBP
|
|
10p
ordinary
|
Sale
|
7,048
|
3.6743 GBP
|
|
10p
ordinary
|
Sale
|
6,775
|
3.7074 GBP
|
|
10p
ordinary
|
Sale
|
6,486
|
3.6580 GBP
|
|
10p
ordinary
|
Sale
|
5,666
|
3.6594 GBP
|
|
10p
ordinary
|
Sale
|
5,442
|
3.6518 GBP
|
|
10p
ordinary
|
Sale
|
3,541
|
3.6560 GBP
|
|
10p
ordinary
|
Sale
|
3,092
|
3.6490 GBP
|
|
10p
ordinary
|
Sale
|
2,025
|
3.6437 GBP
|
|
10p
ordinary
|
Sale
|
1,958
|
3.6527 GBP
|
|
10p
ordinary
|
Sale
|
1,711
|
3.6556 GBP
|
|
10p
ordinary
|
Sale
|
1,564
|
3.6860 GBP
|
|
10p
ordinary
|
Sale
|
1,345
|
3.6610 GBP
|
|
10p
ordinary
|
Sale
|
1,285
|
3.6480 GBP
|
|
10p
ordinary
|
Sale
|
1,211
|
3.6540 GBP
|
|
10p
ordinary
|
Sale
|
1,099
|
3.6680 GBP
|
|
10p
ordinary
|
Sale
|
934
|
3.6500 GBP
|
|
10p
ordinary
|
Sale
|
822
|
3.7540 GBP
|
|
10p
ordinary
|
Sale
|
761
|
3.6660 GBP
|
|
10p
ordinary
|
Sale
|
655
|
3.6460 GBP
|
|
10p
ordinary
|
Sale
|
519
|
3.6380 GBP
|
|
10p
ordinary
|
Sale
|
324
|
3.6504 GBP
|
|
10p
ordinary
|
Sale
|
204
|
3.6850 GBP
|
|
10p
ordinary
|
Sale
|
44
|
3.6400 GBP
|
|
10p
ordinary
|
Sale
|
4
|
3.6360 GBP
|
|
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
|
relevant
|
description
|
|
reference
|
unit
|
|
security
|
|
|
securities
|
|
|
10p
ordinary
|
SWAP
|
Closing
Short
|
559
|
3.6555 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Short
|
645
|
3.6464 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Short
|
1,011
|
3.6715 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Short
|
4,633
|
3.6558 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Short
|
18,218
|
3.7080 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Short
|
19,385
|
3.6714 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Short
|
71,138
|
3.6890 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Long
|
13
|
3.7076 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Long
|
1,222
|
3.7080 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
6,522
|
3.6778 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
22,077
|
3.6837 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
137,693
|
3.7087 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
49,927
|
3.6660 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
100,556
|
3.6679 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
352,595
|
3.7080 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
1,222
|
3.7080 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
3,753
|
3.6877 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
6,775
|
3.7074 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
36,927
|
3.7032 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
67,383
|
3.6840 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
86,178
|
3.7073 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
126,130
|
3.6686 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,789
|
3.6460 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,021
|
3.6550 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
324
|
3.6504 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
1,958
|
3.6527 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
74,125
|
3.6632 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
159,707
|
3.7073 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
240,056
|
3.6700 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
440,743
|
3.7079 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:
|
26 Jun 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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