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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18
Nov 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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|
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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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27,322,910
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1.97%
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23,641,289
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1.71%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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12,263,603
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0.89%
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26,041,517
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1.89%
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(3)
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Stock-settled derivatives (including
options)
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|
|
|
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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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|
|
|
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TOTAL:
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|
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39,586,513
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2.86%
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49,682,806
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3.60%
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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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|
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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
|
security
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|
securities
|
|
10p
ordinary
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Purchase
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327,169
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5.7085 GBP
|
10p
ordinary
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Purchase
|
262,841
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5.7200 GBP
|
10p
ordinary
|
Purchase
|
104,312
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5.6903 GBP
|
10p
ordinary
|
Purchase
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77,000
|
5.7124 GBP
|
10p
ordinary
|
Purchase
|
24,540
|
5.6972 GBP
|
10p
ordinary
|
Purchase
|
19,969
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5.7137 GBP
|
10p
ordinary
|
Purchase
|
9,928
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5.7219 GBP
|
10p
ordinary
|
Purchase
|
5,383
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5.6996 GBP
|
10p
ordinary
|
Purchase
|
2,459
|
5.6880 GBP
|
10p
ordinary
|
Purchase
|
1,973
|
5.7100 GBP
|
10p
ordinary
|
Purchase
|
911
|
5.6877 GBP
|
10p
ordinary
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Purchase
|
616
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5.7300 GBP
|
10p
ordinary
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Purchase
|
412
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5.6900 GBP
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10p
ordinary
|
Purchase
|
374
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5.7000 GBP
|
10p
ordinary
|
Purchase
|
78
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5.7150 GBP
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10p
ordinary
|
Purchase
|
30
|
5.7050 GBP
|
10p
ordinary
|
Sale
|
223,697
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5.7200 GBP
|
10p
ordinary
|
Sale
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193,028
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5.7114 GBP
|
10p
ordinary
|
Sale
|
189,742
|
5.6863 GBP
|
10p
ordinary
|
Sale
|
95,527
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5.6994 GBP
|
10p
ordinary
|
Sale
|
83,531
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5.7050 GBP
|
10p
ordinary
|
Sale
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29,455
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5.6700 GBP
|
10p
ordinary
|
Sale
|
27,834
|
5.7100 GBP
|
10p
ordinary
|
Sale
|
27,834
|
5.6950 GBP
|
10p
ordinary
|
Sale
|
25,996
|
5.6958 GBP
|
10p
ordinary
|
Sale
|
25,418
|
5.6964 GBP
|
10p
ordinary
|
Sale
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25,000
|
5.6800 GBP
|
10p
ordinary
|
Sale
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19,948
|
5.6982 GBP
|
10p
ordinary
|
Sale
|
16,340
|
5.6928 GBP
|
10p
ordinary
|
Sale
|
15,990
|
5.7023 GBP
|
10p
ordinary
|
Sale
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14,591
|
5.7185 GBP
|
10p
ordinary
|
Sale
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14,114
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5.6978 GBP
|
10p
ordinary
|
Sale
|
12,121
|
5.6875 GBP
|
10p
ordinary
|
Sale
|
10,564
|
5.7121 GBP
|
10p
ordinary
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Sale
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8,702
|
5.7051 GBP
|
10p
ordinary
|
Sale
|
8,669
|
5.7080 GBP
|
10p
ordinary
|
Sale
|
7,977
|
5.6726 GBP
|
10p
ordinary
|
Sale
|
7,478
|
5.6991 GBP
|
10p
ordinary
|
Sale
|
7,191
|
5.6813 GBP
|
10p
ordinary
|
Sale
|
6,284
|
5.6828 GBP
|
10p
ordinary
|
Sale
|
5,892
|
5.6939 GBP
|
10p
ordinary
|
Sale
|
5,676
|
5.6683 GBP
|
10p
ordinary
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Sale
|
5,615
|
5.6925 GBP
|
10p
ordinary
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Sale
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5,389
|
5.6866 GBP
|
10p
ordinary
|
Sale
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4,389
|
5.6914 GBP
|
10p
ordinary
|
Sale
|
4,291
|
5.6987 GBP
|
10p
ordinary
|
Sale
|
4,251
|
5.7063 GBP
|
10p
ordinary
|
Sale
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4,094
|
5.7060 GBP
|
10p
ordinary
|
Sale
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2,931
|
5.7052 GBP
|
10p
ordinary
|
Sale
|
2,728
|
5.6945 GBP
|
10p
ordinary
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Sale
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2,657
|
5.6890 GBP
|
10p
ordinary
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Sale
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2,488
|
5.6830 GBP
|
10p
ordinary
|
Sale
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2,234
|
5.6884 GBP
|
10p
ordinary
|
Sale
|
1,981
|
5.7125 GBP
|
10p
ordinary
|
Sale
|
1,883
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5.6650 GBP
|
10p
ordinary
|
Sale
|
1,709
|
5.6900 GBP
|
10p
ordinary
|
Sale
|
1,614
|
5.7066 GBP
|
10p
ordinary
|
Sale
|
1,591
|
5.7037 GBP
|
10p
ordinary
|
Sale
|
1,368
|
5.7075 GBP
|
10p
ordinary
|
Sale
|
1,275
|
5.6927 GBP
|
10p
ordinary
|
Sale
|
1,233
|
5.7076 GBP
|
10p
ordinary
|
Sale
|
985
|
5.7000 GBP
|
10p
ordinary
|
Sale
|
616
|
5.7300 GBP
|
10p
ordinary
|
Sale
|
569
|
5.6600 GBP
|
10p
ordinary
|
Sale
|
401
|
5.7299 GBP
|
|
|
|
|
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(b)
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Cash-settled derivative transactions
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Class of
|
Product
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Nature of
dealing
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Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
27,198
|
5.7025 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
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189,742
|
5.6863 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
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2,657
|
5.6890 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
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5,892
|
5.6939 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
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22,201
|
5.6944 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
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7,683
|
5.6963 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
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10,128
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5.6968 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
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21,607
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5.6984 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
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95,527
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5.6994 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
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81,251
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5.7008 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
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21,819
|
5.7193 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
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41,267
|
5.7200 GBP
|
10p
ordinary
|
SWAP
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Decreasing Short
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43,485
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5.7201 GBP
|
10p
ordinary
|
SWAP
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Increasing Short
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5,383
|
5.6996 GBP
|
10p
ordinary
|
SWAP
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Increasing Short
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1,973
|
5.7100 GBP
|
10p
ordinary
|
SWAP
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Increasing Short
|
77,000
|
5.7124 USD
|
10p
ordinary
|
SWAP
|
Increasing Short
|
19,969
|
5.7137 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
80,981
|
5.7157 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,026
|
5.7200 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
67,765
|
5.7202 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
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37,076
|
5.7205 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
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3,648
|
5.7210 USD
|
10p
ordinary
|
CFD
|
Decreasing Short
|
4,857
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5.6996 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
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41,317
|
5.7056 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,904
|
5.7200 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
616
|
5.7300 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
70,895
|
5.6724 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
150,049
|
5.7200 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
|
of
|
description
|
purchasing,
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of
|
price
|
|
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/
|
security
|
|
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
|
Exercise price
per
|
security
|
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|
securities
|
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
|
Details
|
Price per unit
(if
|
security
|
|
|
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,
|
|
|
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
|
|
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:
|
|
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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
|
(c)
|
Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
19 Nov 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
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