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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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19
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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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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28,598,244
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2.07%
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23,178,384
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1.67%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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12,034,533
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0.87%
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27,566,513
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2.00%
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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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40,632,777
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2.94%
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50,744,897
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3.67%
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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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1,538,678
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5.6600 GBP
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10p
ordinary
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Purchase
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475,813
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5.6997 GBP
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10p
ordinary
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Purchase
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240,729
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5.7000 GBP
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10p
ordinary
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Purchase
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115,566
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5.6988 GBP
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10p
ordinary
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Purchase
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48,595
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5.6799 GBP
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10p
ordinary
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Purchase
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39,379
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5.6698 GBP
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10p
ordinary
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Purchase
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21,010
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5.6760 GBP
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10p
ordinary
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Purchase
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20,363
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5.7011 GBP
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10p
ordinary
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Purchase
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12,508
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5.6684 GBP
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10p
ordinary
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Purchase
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7,780
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5.6663 GBP
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10p
ordinary
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Purchase
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6,267
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5.6787 GBP
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10p
ordinary
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Purchase
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5,681
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5.6908 GBP
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10p
ordinary
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Purchase
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4,489
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5.6947 GBP
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10p
ordinary
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Purchase
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3,898
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5.6741 GBP
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10p
ordinary
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Purchase
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2,526
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5.6800 GBP
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10p
ordinary
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Purchase
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2,447
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5.6807 GBP
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10p
ordinary
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Purchase
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2,079
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5.6846 GBP
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10p
ordinary
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Purchase
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1,722
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5.6775 GBP
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10p
ordinary
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Purchase
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1,617
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5.6679 GBP
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10p
ordinary
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Purchase
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1,298
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5.6964 GBP
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10p
ordinary
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Purchase
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1,187
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5.7069 GBP
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10p
ordinary
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Purchase
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555
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5.6894 GBP
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10p
ordinary
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Purchase
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419
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5.6875 GBP
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10p
ordinary
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Sale
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232,320
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5.7000 GBP
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10p
ordinary
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Sale
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77,640
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5.6629 GBP
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10p
ordinary
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Sale
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76,459
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5.6722 GBP
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10p
ordinary
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Sale
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71,954
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5.6511 GBP
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10p
ordinary
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Sale
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67,129
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5.6858 GBP
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10p
ordinary
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Sale
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62,502
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5.6742 GBP
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10p
ordinary
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Sale
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21,098
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5.6709 GBP
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10p
ordinary
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Sale
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21,010
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5.6765 GBP
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10p
ordinary
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Sale
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20,471
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5.6632 GBP
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10p
ordinary
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Sale
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19,460
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5.6992 GBP
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10p
ordinary
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Sale
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16,185
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5.6747 GBP
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10p
ordinary
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Sale
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16,037
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5.6782 GBP
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10p
ordinary
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Sale
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11,152
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5.6600 GBP
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10p
ordinary
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Sale
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8,081
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5.6661 GBP
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10p
ordinary
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Sale
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7,853
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5.7037 GBP
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10p
ordinary
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Sale
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7,780
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5.6669 GBP
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10p
ordinary
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Sale
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7,346
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5.6592 GBP
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10p
ordinary
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Sale
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6,491
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5.6930 GBP
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10p
ordinary
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Sale
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6,467
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5.6801 GBP
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10p
ordinary
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Sale
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6,148
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5.6725 GBP
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10p
ordinary
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Sale
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6,066
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5.6812 GBP
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10p
ordinary
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Sale
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5,778
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5.6626 GBP
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10p
ordinary
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Sale
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5,575
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5.6647 GBP
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10p
ordinary
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Sale
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4,336
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5.7100 GBP
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10p
ordinary
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Sale
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3,680
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5.6536 GBP
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10p
ordinary
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Sale
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3,424
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5.6508 GBP
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10p
ordinary
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Sale
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3,335
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5.6695 GBP
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|
10p
ordinary
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Sale
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3,281
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5.6735 GBP
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|
10p
ordinary
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Sale
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3,197
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5.6732 GBP
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|
10p
ordinary
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Sale
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2,758
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5.6554 GBP
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10p
ordinary
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Sale
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2,719
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5.6407 GBP
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10p
ordinary
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Sale
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2,336
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5.6630 GBP
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10p
ordinary
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Sale
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1,940
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5.6603 GBP
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10p
ordinary
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Sale
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1,790
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5.6450 GBP
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10p
ordinary
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Sale
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1,257
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5.6901 GBP
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10p
ordinary
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Sale
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1,224
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5.6800 GBP
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10p
ordinary
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Sale
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1,157
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5.7129 GBP
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10p
ordinary
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Sale
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1,098
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5.6562 GBP
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10p
ordinary
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Sale
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858
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5.6750 GBP
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10p
ordinary
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Sale
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850
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5.6575 GBP
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10p
ordinary
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Sale
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829
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5.6730 GBP
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10p
ordinary
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Sale
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717
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5.6550 GBP
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10p
ordinary
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Sale
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555
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5.6900 GBP
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10p
ordinary
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Sale
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515
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5.6400 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
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26,578
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5.6755 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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71,954
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5.6511 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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59,626
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5.6597 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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12,962
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5.6615 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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10,982
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5.6632 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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21,523
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5.6652 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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7,652
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5.6670 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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76,459
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5.6722 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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62,502
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5.6742 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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1,257
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5.6901 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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26,271
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5.6997 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,570
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5.7000 GBP
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10p
ordinary
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SWAP
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Increasing Short
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39,379
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5.6698 GBP
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10p
ordinary
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SWAP
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Increasing Short
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3,824
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5.6828 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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4,489
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5.6947 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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1,298
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5.6964 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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27,356
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5.6985 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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225,666
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5.6993 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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2,881
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5.7000 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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109,410
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5.7002 GBP
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|
10p
ordinary
|
SWAP
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Increasing Short
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2,676
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5.7010 USD
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|
10p
ordinary
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SWAP
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Increasing Short
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20,363
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5.7011 GBP
|
|
10p
ordinary
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SWAP
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Increasing Short
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1,187
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5.7069 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
|
195
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5.7200 GBP
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|
10p
ordinary
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CFD
|
Decreasing Short
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50,000
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5.6593 GBP
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|
10p
ordinary
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CFD
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Decreasing Short
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16,570
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5.6674 GBP
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|
10p
ordinary
|
CFD
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Decreasing Short
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873
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5.7000 GBP
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|
10p
ordinary
|
CFD
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Increasing Short
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1,538,678
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5.6600 GBP
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|
10p
ordinary
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CFD
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Increasing Short
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224,443
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5.7000 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
|
Number of
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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.
|
OTHER
INFORMATION
|
|
(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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|
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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)
|
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
|
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|
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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
|
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|
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any
derivative is referenced:
|
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NONE
|
|
(c)
|
Attachments
|
|
|
|
|
|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
20 Nov 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
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