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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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23
Dec 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 COMPANY
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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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32,969,204
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2.39%
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16,416,111
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1.19%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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12,632,896
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0.92%
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31,567,839
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2.29%
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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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45,602,100
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3.30%
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47,983,950
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3.48%
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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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215,717
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5.3800 GBP
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10p
ordinary
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Purchase
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34,344
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5.3714 GBP
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10p
ordinary
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Purchase
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31,560
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5.3555 GBP
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10p
ordinary
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Purchase
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15,537
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5.3649 GBP
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10p
ordinary
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Purchase
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15,288
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5.3778 GBP
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10p
ordinary
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Purchase
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8,310
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5.3754 GBP
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10p
ordinary
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Purchase
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8,161
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5.3710 GBP
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10p
ordinary
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Purchase
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7,839
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5.3695 GBP
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10p
ordinary
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Purchase
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6,916
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5.3702 GBP
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10p
ordinary
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Purchase
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6,369
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5.3776 GBP
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10p
ordinary
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Purchase
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5,847
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5.3725 GBP
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10p
ordinary
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Purchase
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5,013
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5.3752 GBP
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10p
ordinary
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Purchase
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4,350
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5.3788 GBP
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10p
ordinary
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Purchase
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3,884
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5.3706 GBP
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10p
ordinary
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Purchase
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3,427
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5.3811 GBP
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10p
ordinary
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Purchase
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2,454
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5.3821 GBP
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10p
ordinary
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Purchase
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2,430
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5.3797 GBP
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10p
ordinary
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Purchase
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2,313
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5.3737 GBP
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10p
ordinary
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Purchase
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2,256
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5.4000 GBP
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10p
ordinary
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Purchase
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2,014
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5.3682 GBP
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10p
ordinary
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Purchase
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1,991
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5.3600 GBP
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10p
ordinary
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Purchase
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1,338
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5.3900 GBP
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10p
ordinary
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Purchase
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1,336
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5.3750 GBP
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10p
ordinary
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Purchase
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1,282
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5.3850 GBP
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10p
ordinary
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Purchase
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1,253
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5.3675 GBP
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10p
ordinary
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Purchase
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1,126
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5.3672 GBP
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10p
ordinary
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Purchase
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532
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5.3825 GBP
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10p
ordinary
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Purchase
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515
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5.3775 GBP
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10p
ordinary
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Purchase
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271
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5.3550 GBP
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10p
ordinary
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Sale
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210,401
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5.3793 GBP
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10p
ordinary
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Sale
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60,733
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5.3800 GBP
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10p
ordinary
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Sale
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40,805
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5.3703 GBP
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10p
ordinary
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Sale
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11,777
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5.3849 GBP
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10p
ordinary
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Sale
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11,726
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5.3794 GBP
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10p
ordinary
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Sale
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10,978
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5.3799 GBP
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10p
ordinary
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Sale
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10,045
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5.3757 GBP
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10p
ordinary
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Sale
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9,986
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5.3780 GBP
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10p
ordinary
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Sale
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4,368
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5.3715 GBP
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10p
ordinary
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Sale
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3,898
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5.3743 GBP
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10p
ordinary
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Sale
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3,356
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5.3669 GBP
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10p
ordinary
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Sale
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3,159
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5.3565 GBP
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10p
ordinary
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Sale
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2,595
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5.3756 GBP
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10p
ordinary
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Sale
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2,256
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5.4000 GBP
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10p
ordinary
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Sale
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1,633
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5.3650 GBP
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10p
ordinary
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Sale
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1,282
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5.3850 GBP
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10p
ordinary
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Sale
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1,148
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5.3750 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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SWAP
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Increasing Short
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32,273
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5.3748 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,834
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5.3397 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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3,159
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5.3565 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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40,805
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5.3703 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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48,855
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5.3788 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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11,726
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5.3794 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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4,598
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5.3800 GBP
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10p
ordinary
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SWAP
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Increasing Short
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31,560
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5.3555 GBP
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10p
ordinary
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SWAP
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Increasing Short
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15,537
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5.3649 GBP
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10p
ordinary
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SWAP
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Increasing Short
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7,979
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5.3684 GBP
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10p
ordinary
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SWAP
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Increasing Short
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7,839
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5.3695 GBP
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10p
ordinary
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SWAP
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Increasing Short
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4,878
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5.3747 GBP
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10p
ordinary
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SWAP
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Increasing Short
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25,867
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5.3773 GBP
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10p
ordinary
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SWAP
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Increasing Short
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4,350
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5.3788 GBP
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10p
ordinary
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SWAP
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Increasing Short
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11,337
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5.3800 GBP
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10p
ordinary
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SWAP
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Increasing Short
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4,368
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5.3861 GBP
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10p
ordinary
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SWAP
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Increasing Short
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544
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5.3900 GBP
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10p
ordinary
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CFD
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Decreasing Short
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65,163
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5.3800 GBP
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10p
ordinary
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CFD
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Increasing Short
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17,655
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5.3648 GBP
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10p
ordinary
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CFD
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Increasing Short
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18,688
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5.3800 GBP
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10p
ordinary
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CFD
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Increasing Short
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2,256
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5.4000 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
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Details of any indemnity or option arrangement, or any
agreement or understanding,
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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)
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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
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the
person making the disclosure and any other person relating
to:
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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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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 Dec 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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