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:
|
17
Oct 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:
|
|
|
26,256,314
|
1.90%
|
25,296,858
|
1.83%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
11,512,771
|
0.83%
|
25,499,257
|
1.85%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
37,769,085
|
2.73%
|
50,796,115
|
3.68%
|
(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
|
378,290
|
4.6280 GBP
|
10p
ordinary
|
Purchase
|
333,011
|
4.6233 GBP
|
10p
ordinary
|
Purchase
|
253,817
|
4.6400 GBP
|
10p
ordinary
|
Purchase
|
141,884
|
4.6596 GBP
|
10p
ordinary
|
Purchase
|
108,845
|
4.6200 GBP
|
10p
ordinary
|
Purchase
|
107,466
|
4.6095 GBP
|
10p
ordinary
|
Purchase
|
72,292
|
4.6112 GBP
|
10p
ordinary
|
Purchase
|
69,615
|
4.6277 GBP
|
10p
ordinary
|
Purchase
|
56,141
|
4.6241 GBP
|
10p
ordinary
|
Purchase
|
46,083
|
4.6412 GBP
|
10p
ordinary
|
Purchase
|
34,233
|
4.6183 GBP
|
10p
ordinary
|
Purchase
|
32,633
|
4.6130 GBP
|
10p
ordinary
|
Purchase
|
32,631
|
4.6242 GBP
|
10p
ordinary
|
Purchase
|
28,170
|
4.6019 GBP
|
10p
ordinary
|
Purchase
|
24,650
|
4.6898 GBP
|
10p
ordinary
|
Purchase
|
24,457
|
4.5965 GBP
|
10p
ordinary
|
Purchase
|
24,064
|
4.6809 GBP
|
10p
ordinary
|
Purchase
|
23,615
|
4.5940 GBP
|
10p
ordinary
|
Purchase
|
21,964
|
4.6186 GBP
|
10p
ordinary
|
Purchase
|
20,686
|
4.6182 GBP
|
10p
ordinary
|
Purchase
|
19,064
|
4.6431 GBP
|
10p
ordinary
|
Purchase
|
17,382
|
4.6110 GBP
|
10p
ordinary
|
Purchase
|
16,675
|
4.6053 GBP
|
10p
ordinary
|
Purchase
|
15,597
|
4.6315 GBP
|
10p
ordinary
|
Purchase
|
14,220
|
4.5990 GBP
|
10p
ordinary
|
Purchase
|
8,444
|
4.6290 GBP
|
10p
ordinary
|
Purchase
|
7,969
|
4.6147 GBP
|
10p
ordinary
|
Purchase
|
7,812
|
4.6025 GBP
|
10p
ordinary
|
Purchase
|
7,691
|
4.6722 GBP
|
10p
ordinary
|
Purchase
|
6,189
|
4.6409 GBP
|
10p
ordinary
|
Purchase
|
5,880
|
4.6415 GBP
|
10p
ordinary
|
Purchase
|
5,769
|
4.6933 GBP
|
10p
ordinary
|
Purchase
|
5,646
|
4.5959 GBP
|
10p
ordinary
|
Purchase
|
5,216
|
4.6748 GBP
|
10p
ordinary
|
Purchase
|
4,594
|
4.6031 GBP
|
10p
ordinary
|
Purchase
|
3,702
|
4.6039 GBP
|
10p
ordinary
|
Purchase
|
3,411
|
4.6038 GBP
|
10p
ordinary
|
Purchase
|
3,243
|
4.6047 GBP
|
10p
ordinary
|
Purchase
|
2,896
|
4.6016 GBP
|
10p
ordinary
|
Purchase
|
2,525
|
4.6353 GBP
|
10p
ordinary
|
Purchase
|
2,174
|
4.5920 GBP
|
10p
ordinary
|
Purchase
|
2,130
|
4.6319 GBP
|
10p
ordinary
|
Purchase
|
1,727
|
4.6180 GBP
|
10p
ordinary
|
Purchase
|
1,505
|
4.5906 GBP
|
10p
ordinary
|
Purchase
|
1,452
|
4.6254 GBP
|
10p
ordinary
|
Purchase
|
1,402
|
4.6141 GBP
|
10p
ordinary
|
Purchase
|
687
|
4.5910 GBP
|
10p
ordinary
|
Purchase
|
685
|
4.6220 GBP
|
10p
ordinary
|
Purchase
|
597
|
4.6068 GBP
|
10p
ordinary
|
Purchase
|
522
|
4.6900 GBP
|
10p
ordinary
|
Purchase
|
443
|
4.7120 GBP
|
10p
ordinary
|
Purchase
|
312
|
4.5720 GBP
|
10p
ordinary
|
Purchase
|
236
|
4.6120 GBP
|
10p
ordinary
|
Purchase
|
33
|
4.6140 GBP
|
10p
ordinary
|
Sale
|
255,081
|
4.6280 GBP
|
10p
ordinary
|
Sale
|
242,525
|
4.5959 GBP
|
10p
ordinary
|
Sale
|
242,142
|
4.6632 GBP
|
10p
ordinary
|
Sale
|
102,394
|
4.6252 GBP
|
10p
ordinary
|
Sale
|
92,752
|
4.6085 GBP
|
10p
ordinary
|
Sale
|
71,869
|
4.6866 GBP
|
10p
ordinary
|
Sale
|
46,083
|
4.6412 GBP
|
10p
ordinary
|
Sale
|
36,981
|
4.6084 GBP
|
10p
ordinary
|
Sale
|
30,530
|
4.6805 GBP
|
10p
ordinary
|
Sale
|
30,253
|
4.6727 GBP
|
10p
ordinary
|
Sale
|
28,170
|
4.6019 GBP
|
10p
ordinary
|
Sale
|
22,315
|
4.6283 GBP
|
10p
ordinary
|
Sale
|
19,652
|
4.6183 GBP
|
10p
ordinary
|
Sale
|
19,586
|
4.6444 GBP
|
10p
ordinary
|
Sale
|
18,013
|
4.6270 GBP
|
10p
ordinary
|
Sale
|
17,496
|
4.6302 GBP
|
10p
ordinary
|
Sale
|
17,471
|
4.6305 GBP
|
10p
ordinary
|
Sale
|
13,920
|
4.6239 GBP
|
10p
ordinary
|
Sale
|
13,072
|
4.6137 GBP
|
10p
ordinary
|
Sale
|
11,850
|
4.6143 GBP
|
10p
ordinary
|
Sale
|
8,459
|
4.6275 GBP
|
10p
ordinary
|
Sale
|
8,361
|
4.5960 GBP
|
10p
ordinary
|
Sale
|
7,969
|
4.6147 GBP
|
10p
ordinary
|
Sale
|
7,901
|
4.6583 GBP
|
10p
ordinary
|
Sale
|
7,812
|
4.6025 GBP
|
10p
ordinary
|
Sale
|
7,691
|
4.6722 GBP
|
10p
ordinary
|
Sale
|
7,123
|
4.6193 GBP
|
10p
ordinary
|
Sale
|
6,694
|
4.6210 GBP
|
10p
ordinary
|
Sale
|
6,471
|
4.6149 GBP
|
10p
ordinary
|
Sale
|
6,306
|
4.6024 GBP
|
10p
ordinary
|
Sale
|
6,210
|
4.6061 GBP
|
10p
ordinary
|
Sale
|
5,216
|
4.6748 GBP
|
10p
ordinary
|
Sale
|
4,630
|
4.6121 GBP
|
10p
ordinary
|
Sale
|
3,647
|
4.6375 GBP
|
10p
ordinary
|
Sale
|
3,412
|
4.6028 GBP
|
10p
ordinary
|
Sale
|
3,243
|
4.6047 GBP
|
10p
ordinary
|
Sale
|
3,117
|
4.6372 GBP
|
10p
ordinary
|
Sale
|
2,990
|
4.6290 GBP
|
10p
ordinary
|
Sale
|
2,896
|
4.6016 GBP
|
10p
ordinary
|
Sale
|
2,864
|
4.6190 GBP
|
10p
ordinary
|
Sale
|
2,528
|
4.6213 GBP
|
10p
ordinary
|
Sale
|
2,525
|
4.6353 GBP
|
10p
ordinary
|
Sale
|
2,357
|
4.6072 GBP
|
10p
ordinary
|
Sale
|
2,108
|
4.6387 GBP
|
10p
ordinary
|
Sale
|
1,972
|
4.6040 GBP
|
10p
ordinary
|
Sale
|
1,962
|
4.6133 GBP
|
10p
ordinary
|
Sale
|
1,882
|
4.6224 GBP
|
10p
ordinary
|
Sale
|
1,727
|
4.6180 GBP
|
10p
ordinary
|
Sale
|
1,655
|
4.6268 GBP
|
10p
ordinary
|
Sale
|
1,329
|
4.6094 GBP
|
10p
ordinary
|
Sale
|
1,287
|
4.6208 GBP
|
10p
ordinary
|
Sale
|
1,034
|
4.6160 GBP
|
10p
ordinary
|
Sale
|
929
|
4.6386 GBP
|
10p
ordinary
|
Sale
|
895
|
4.6020 GBP
|
10p
ordinary
|
Sale
|
706
|
4.6200 GBP
|
10p
ordinary
|
Sale
|
537
|
4.6291 GBP
|
10p
ordinary
|
Sale
|
443
|
4.7120 GBP
|
10p
ordinary
|
Sale
|
33
|
4.6140 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
|
Decreasing Short
|
2,060
|
4.5929 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
242,525
|
4.5959 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
208
|
4.6193 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
18,013
|
4.6270 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
537
|
4.6291 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
17,496
|
4.6302 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
17,471
|
4.6305 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
14,886
|
4.6312 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,117
|
4.6372 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,647
|
4.6375 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
40,397
|
4.5944 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,646
|
4.5959 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
24,457
|
4.5965 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,702
|
4.6039 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
597
|
4.6068 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
32,633
|
4.6130 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
108,139
|
4.6200 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
40,640
|
4.6212 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
47,154
|
4.6260 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
77,069
|
4.6277 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
340,201
|
4.6280 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
39,300
|
4.6285 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
8,444
|
4.6290 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
253,817
|
4.6400 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
36
|
4.6280 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,755
|
4.6537 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
200,000
|
4.6747 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
443
|
4.7120 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
73,316
|
4.6280 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
70,015
|
4.6323 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:
|
18 Oct 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
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|
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|
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