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:
|
13
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:
|
|
|
31,998,433
|
2.32%
|
27,962,682
|
2.03%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
7,782,482
|
0.56%
|
31,330,888
|
2.27%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
39,780,915
|
2.88%
|
59,293,570
|
4.30%
|
(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
|
708,718
|
3.5096 GBP
|
10p
ordinary
|
Purchase
|
310,061
|
3.5171 GBP
|
10p
ordinary
|
Purchase
|
121,150
|
3.5058 GBP
|
10p
ordinary
|
Purchase
|
97,007
|
3.5268 GBP
|
10p
ordinary
|
Purchase
|
49,832
|
3.5060 GBP
|
10p
ordinary
|
Purchase
|
32,359
|
3.5341 GBP
|
10p
ordinary
|
Purchase
|
27,568
|
3.5540 GBP
|
10p
ordinary
|
Purchase
|
22,500
|
3.5690 GBP
|
10p
ordinary
|
Purchase
|
20,395
|
3.5138 GBP
|
10p
ordinary
|
Purchase
|
14,783
|
3.5236 GBP
|
10p
ordinary
|
Purchase
|
14,223
|
3.5289 GBP
|
10p
ordinary
|
Purchase
|
11,403
|
3.5255 GBP
|
10p
ordinary
|
Purchase
|
10,720
|
3.5742 GBP
|
10p
ordinary
|
Purchase
|
10,028
|
3.5195 GBP
|
10p
ordinary
|
Purchase
|
6,647
|
3.5200 GBP
|
10p
ordinary
|
Purchase
|
6,595
|
3.5760 GBP
|
10p
ordinary
|
Purchase
|
5,368
|
3.5720 GBP
|
10p
ordinary
|
Purchase
|
4,728
|
3.5260 GBP
|
10p
ordinary
|
Purchase
|
4,167
|
3.5700 GBP
|
10p
ordinary
|
Purchase
|
3,424
|
3.5266 GBP
|
10p
ordinary
|
Purchase
|
2,875
|
3.5767 GBP
|
10p
ordinary
|
Purchase
|
2,118
|
3.5695 GBP
|
10p
ordinary
|
Purchase
|
1,975
|
3.5240 GBP
|
10p
ordinary
|
Purchase
|
1,939
|
3.5120 GBP
|
10p
ordinary
|
Purchase
|
1,929
|
3.5140 GBP
|
10p
ordinary
|
Purchase
|
1,926
|
3.5705 GBP
|
10p
ordinary
|
Purchase
|
1,714
|
3.5459 GBP
|
10p
ordinary
|
Purchase
|
1,639
|
3.5734 GBP
|
10p
ordinary
|
Purchase
|
1,499
|
3.5190 GBP
|
10p
ordinary
|
Purchase
|
1,386
|
3.5220 GBP
|
10p
ordinary
|
Purchase
|
1,015
|
3.5180 GBP
|
10p
ordinary
|
Purchase
|
922
|
3.5100 GBP
|
10p
ordinary
|
Purchase
|
813
|
3.5460 GBP
|
10p
ordinary
|
Purchase
|
767
|
3.5084 GBP
|
10p
ordinary
|
Purchase
|
706
|
3.5637 GBP
|
10p
ordinary
|
Purchase
|
526
|
3.5660 GBP
|
10p
ordinary
|
Purchase
|
336
|
3.5722 GBP
|
10p
ordinary
|
Purchase
|
192
|
3.5655 GBP
|
10p
ordinary
|
Purchase
|
42
|
3.5040 GBP
|
10p
ordinary
|
Sale
|
500,000
|
3.5742 GBP
|
10p
ordinary
|
Sale
|
381,444
|
3.5177 GBP
|
10p
ordinary
|
Sale
|
250,000
|
3.5583 GBP
|
10p
ordinary
|
Sale
|
170,680
|
3.5219 GBP
|
10p
ordinary
|
Sale
|
144,877
|
3.5060 GBP
|
10p
ordinary
|
Sale
|
126,750
|
3.5218 GBP
|
10p
ordinary
|
Sale
|
85,622
|
3.5258 GBP
|
10p
ordinary
|
Sale
|
45,882
|
3.5508 GBP
|
10p
ordinary
|
Sale
|
38,498
|
3.5676 GBP
|
10p
ordinary
|
Sale
|
27,143
|
3.5262 GBP
|
10p
ordinary
|
Sale
|
26,335
|
3.5663 GBP
|
10p
ordinary
|
Sale
|
25,865
|
3.5243 GBP
|
10p
ordinary
|
Sale
|
20,655
|
3.5284 GBP
|
10p
ordinary
|
Sale
|
16,107
|
3.5274 GBP
|
10p
ordinary
|
Sale
|
15,988
|
3.5368 GBP
|
10p
ordinary
|
Sale
|
13,667
|
3.5253 GBP
|
10p
ordinary
|
Sale
|
12,674
|
3.5414 GBP
|
10p
ordinary
|
Sale
|
10,053
|
3.5489 GBP
|
10p
ordinary
|
Sale
|
7,871
|
3.5183 GBP
|
10p
ordinary
|
Sale
|
6,857
|
3.5276 GBP
|
10p
ordinary
|
Sale
|
6,504
|
3.5687 GBP
|
10p
ordinary
|
Sale
|
6,189
|
3.5200 GBP
|
10p
ordinary
|
Sale
|
5,911
|
3.5166 GBP
|
10p
ordinary
|
Sale
|
5,527
|
3.5740 GBP
|
10p
ordinary
|
Sale
|
4,595
|
3.5721 GBP
|
10p
ordinary
|
Sale
|
4,167
|
3.5700 GBP
|
10p
ordinary
|
Sale
|
4,101
|
3.5760 GBP
|
10p
ordinary
|
Sale
|
3,652
|
3.5337 GBP
|
10p
ordinary
|
Sale
|
3,179
|
3.5140 GBP
|
10p
ordinary
|
Sale
|
2,463
|
3.5187 GBP
|
10p
ordinary
|
Sale
|
2,454
|
3.5120 GBP
|
10p
ordinary
|
Sale
|
1,975
|
3.5240 GBP
|
10p
ordinary
|
Sale
|
1,847
|
3.5728 GBP
|
10p
ordinary
|
Sale
|
1,788
|
3.5180 GBP
|
10p
ordinary
|
Sale
|
1,700
|
3.5309 GBP
|
10p
ordinary
|
Sale
|
1,517
|
3.5250 GBP
|
10p
ordinary
|
Sale
|
1,386
|
3.5220 GBP
|
10p
ordinary
|
Sale
|
1,049
|
3.5720 GBP
|
10p
ordinary
|
Sale
|
935
|
3.5655 GBP
|
10p
ordinary
|
Sale
|
922
|
3.5100 GBP
|
10p
ordinary
|
Sale
|
879
|
3.5724 GBP
|
10p
ordinary
|
Sale
|
527
|
3.5920 GBP
|
10p
ordinary
|
Sale
|
87
|
3.5040 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
Long
|
97
|
3.5700 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
192
|
3.5655 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
329
|
3.5742 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
336
|
3.5722 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
706
|
3.5637 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,121
|
3.5220 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
13,662
|
3.5237 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
14,223
|
3.5289 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
22,500
|
3.5690 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
804
|
3.5240 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
935
|
3.5655 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,847
|
3.5728 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,652
|
3.5337 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
3,820
|
3.5060 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
5,847
|
3.5919 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
23,980
|
3.5233 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
26,335
|
3.5663 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
29,163
|
3.5518 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
31,806
|
3.5457 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
72,623
|
3.5060 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
85,622
|
3.5258 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
92,306
|
3.5059 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
170,518
|
3.5269 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
182,948
|
3.5273 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
250,000
|
3.5582 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
500,000
|
3.5742 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
6,504
|
3.5687 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
526
|
3.5660 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,078
|
3.5059 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,526
|
3.5417 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,118
|
3.5695 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,067
|
3.5366 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
3,820
|
3.5060 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
5,847
|
3.5919 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,134
|
3.5276 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
9,155
|
3.5207 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
14,332
|
3.5361 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
36,117
|
3.5063 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
97,007
|
3.5268 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
574,067
|
3.5060 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
39,366
|
3.5691 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
40,472
|
3.5060 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
79,838
|
3.5319 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
310,828
|
3.5171 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:
|
14 Jun 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|