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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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20
May 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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25,853,294
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1.87%
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19,479,913
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1.41%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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8,310,264
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0.60%
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24,207,562
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1.75%
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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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34,163,558
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2.48%
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43,687,475
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3.17%
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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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413,768
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3.7600 GBP
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10p
ordinary
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Purchase
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262,500
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3.7430 GBP
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10p
ordinary
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Purchase
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232,132
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3.7601 GBP
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|
10p
ordinary
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Purchase
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187,257
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3.7604 GBP
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|
10p
ordinary
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Purchase
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48,502
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3.7821 GBP
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|
10p
ordinary
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Purchase
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39,355
|
3.7641 GBP
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|
10p
ordinary
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Purchase
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27,000
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3.6653 GBP
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|
10p
ordinary
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Purchase
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23,331
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3.7682 GBP
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|
10p
ordinary
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Purchase
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20,940
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3.7845 GBP
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|
10p
ordinary
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Purchase
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14,335
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3.7824 GBP
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10p
ordinary
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Purchase
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13,416
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3.7626 GBP
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10p
ordinary
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Purchase
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7,069
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3.7959 GBP
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|
10p
ordinary
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Purchase
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5,917
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3.7410 GBP
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|
10p
ordinary
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Purchase
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5,579
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3.7400 GBP
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|
10p
ordinary
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Purchase
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4,250
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3.7884 GBP
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10p
ordinary
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Purchase
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3,007
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3.7597 GBP
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10p
ordinary
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Purchase
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1,555
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3.7673 GBP
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10p
ordinary
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Purchase
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1,262
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3.8000 GBP
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10p
ordinary
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Purchase
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1,051
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3.7708 GBP
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10p
ordinary
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Purchase
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876
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3.7916 GBP
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10p
ordinary
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Purchase
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793
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3.7980 GBP
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|
10p
ordinary
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Purchase
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743
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3.7457 GBP
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|
10p
ordinary
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Purchase
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471
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3.7300 GBP
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10p
ordinary
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Purchase
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407
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3.7336 GBP
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10p
ordinary
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Purchase
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9
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3.7589 GBP
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|
10p
ordinary
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Sale
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465,949
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3.7777 GBP
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10p
ordinary
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Sale
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262,500
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3.7605 GBP
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10p
ordinary
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Sale
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174,831
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3.7600 GBP
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10p
ordinary
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Sale
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170,290
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3.7757 GBP
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10p
ordinary
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Sale
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165,897
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3.7601 GBP
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10p
ordinary
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Sale
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120,078
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3.7811 GBP
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10p
ordinary
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Sale
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68,236
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3.7712 GBP
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10p
ordinary
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Sale
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47,617
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3.7735 GBP
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10p
ordinary
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Sale
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38,483
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3.7734 GBP
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10p
ordinary
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Sale
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23,749
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3.7645 GBP
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10p
ordinary
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Sale
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22,518
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3.7632 GBP
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10p
ordinary
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Sale
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20,405
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3.7778 GBP
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10p
ordinary
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Sale
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14,239
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3.7832 GBP
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10p
ordinary
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Sale
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14,157
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3.7876 GBP
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10p
ordinary
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Sale
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13,906
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3.7827 GBP
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10p
ordinary
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Sale
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12,315
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3.8000 GBP
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10p
ordinary
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Sale
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11,466
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3.7760 GBP
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|
10p
ordinary
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Sale
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10,917
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3.7665 GBP
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|
10p
ordinary
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Sale
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10,776
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3.7660 GBP
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10p
ordinary
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Sale
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9,541
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3.7596 GBP
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|
10p
ordinary
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Sale
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6,514
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3.7646 GBP
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|
10p
ordinary
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Sale
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6,060
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3.7787 GBP
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|
10p
ordinary
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Sale
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4,779
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3.7610 GBP
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10p
ordinary
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Sale
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3,443
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3.7707 GBP
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|
10p
ordinary
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Sale
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3,427
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3.7545 GBP
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|
10p
ordinary
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Sale
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3,355
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3.7628 GBP
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10p
ordinary
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Sale
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3,210
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3.7802 GBP
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|
10p
ordinary
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Sale
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3,076
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3.7585 GBP
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|
10p
ordinary
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Sale
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2,737
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3.7784 GBP
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|
10p
ordinary
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Sale
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2,734
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3.7800 GBP
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|
10p
ordinary
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Sale
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2,485
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3.7582 GBP
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10p
ordinary
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Sale
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2,411
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3.7500 GBP
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10p
ordinary
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Sale
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2,298
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3.7518 GBP
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10p
ordinary
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Sale
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2,144
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3.7824 GBP
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10p
ordinary
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Sale
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2,073
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3.7841 GBP
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|
10p
ordinary
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Sale
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1,740
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3.7400 GBP
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|
10p
ordinary
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Sale
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1,569
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3.7380 GBP
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|
10p
ordinary
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Sale
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1,541
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3.7503 GBP
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|
10p
ordinary
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Sale
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1,491
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3.7857 GBP
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|
10p
ordinary
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Sale
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1,400
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3.7880 GBP
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10p
ordinary
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Sale
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1,280
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3.7980 GBP
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10p
ordinary
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Sale
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1,134
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3.7780 GBP
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10p
ordinary
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Sale
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1,112
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3.7403 GBP
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10p
ordinary
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Sale
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933
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3.7300 GBP
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10p
ordinary
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Sale
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876
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3.7920 GBP
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10p
ordinary
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Sale
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754
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3.7820 GBP
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10p
ordinary
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Sale
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532
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3.7432 GBP
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10p
ordinary
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Sale
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180
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3.7320 GBP
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10p
ordinary
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Sale
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-35
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3.7589 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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Decreasing Short
|
180
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3.7320 GBP
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|
10p
ordinary
|
CFD
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Decreasing Short
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469
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3.7956 GBP
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|
10p
ordinary
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SWAP
|
Decreasing Short
|
532
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3.7432 GBP
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|
10p
ordinary
|
CFD
|
Decreasing Short
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671
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3.7583 GBP
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|
10p
ordinary
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CFD
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Decreasing Short
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1,262
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3.8000 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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1,491
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3.7857 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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2,073
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3.7841 GBP
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|
10p
ordinary
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CFD
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Decreasing Short
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3,910
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3.7600 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
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10,239
|
3.7749 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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17,306
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3.7821 GBP
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|
10p
ordinary
|
CFD
|
Decreasing Short
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18,861
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3.7951 GBP
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|
10p
ordinary
|
SWAP
|
Decreasing Short
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36,249
|
3.7600 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
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105,289
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3.7741 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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120,078
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3.7811 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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262,500
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3.7605 GBP
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|
10p
ordinary
|
SWAP
|
Decreasing Short
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465,949
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3.7777 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
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68,236
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3.7712 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
743
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3.7457 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,007
|
3.7597 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
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5,563
|
3.7748 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
11,128
|
3.7751 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
20,940
|
3.7845 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
23,331
|
3.7682 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
73,754
|
3.7596 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
262,500
|
3.7430 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
357,642
|
3.7600 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
47,263
|
3.7641 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
|
Exercise
|
Type
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Expiry
|
Option
|
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
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|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
|
security
|
|
varying etc
|
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)
|
Exercising
|
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|
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Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
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(d)
|
Other dealings (including subscribing for new
securities)
|
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|
Class of
relevant
|
Nature of
Dealings
|
Details
|
Price per unit
(if
|
|
security
|
|
|
applicable)
|
|
|
|
|
|
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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:
|
|
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|
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:
|
|
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|
|
|
|
|
NONE
|
|
(c)
|
Attachments
|
|
|
|
|
|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
21 May 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
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