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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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10
Dec 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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35,940,179
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2.60%
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20,317,918
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1.47%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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12,398,967
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0.90%
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35,018,648
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2.54%
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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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48,339,146
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3.50%
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55,336,566
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4.01%
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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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482,960
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5.4735 GBP
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10p
ordinary
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Purchase
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225,152
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5.4700 GBP
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10p
ordinary
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Purchase
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122,159
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5.4708 GBP
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10p
ordinary
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Purchase
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117,078
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5.4577 GBP
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10p
ordinary
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Purchase
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111,334
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5.4350 GBP
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10p
ordinary
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Purchase
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68,641
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5.4633 GBP
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10p
ordinary
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Purchase
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55,667
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5.4450 GBP
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10p
ordinary
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Purchase
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45,024
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5.4599 GBP
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10p
ordinary
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Purchase
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41,140
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5.4811 GBP
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10p
ordinary
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Purchase
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32,067
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5.4699 GBP
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10p
ordinary
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Purchase
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21,365
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5.4696 GBP
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10p
ordinary
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Purchase
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16,744
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5.4610 GBP
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10p
ordinary
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Purchase
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12,942
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5.4591 GBP
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10p
ordinary
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Purchase
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12,111
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5.4714 GBP
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10p
ordinary
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Purchase
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6,818
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5.4790 GBP
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10p
ordinary
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Purchase
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6,000
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5.4777 GBP
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10p
ordinary
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Purchase
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5,143
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5.4502 GBP
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10p
ordinary
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Purchase
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5,068
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5.4742 GBP
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10p
ordinary
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Purchase
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4,644
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5.4759 GBP
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10p
ordinary
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Purchase
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3,078
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5.5058 GBP
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10p
ordinary
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Purchase
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2,846
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5.4588 GBP
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10p
ordinary
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Purchase
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2,756
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5.5031 GBP
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10p
ordinary
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Purchase
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1,917
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5.4817 GBP
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10p
ordinary
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Purchase
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1,828
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5.4666 GBP
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10p
ordinary
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Purchase
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1,664
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5.5000 GBP
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10p
ordinary
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Purchase
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1,651
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5.5050 GBP
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10p
ordinary
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Purchase
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1,520
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5.4805 GBP
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10p
ordinary
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Purchase
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1,457
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5.4600 GBP
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10p
ordinary
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Purchase
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1,330
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5.4693 GBP
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10p
ordinary
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Purchase
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1,280
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5.4875 GBP
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10p
ordinary
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Purchase
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1,253
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5.4724 GBP
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10p
ordinary
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Purchase
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1,024
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5.4825 GBP
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10p
ordinary
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Purchase
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852
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5.5250 GBP
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10p
ordinary
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Purchase
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687
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5.4550 GBP
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10p
ordinary
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Purchase
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597
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5.4525 GBP
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10p
ordinary
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Purchase
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534
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5.4750 GBP
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10p
ordinary
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Purchase
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530
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5.4508 GBP
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10p
ordinary
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Purchase
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455
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5.4517 GBP
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10p
ordinary
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Purchase
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14
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5.4441 GBP
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10p
ordinary
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Purchase
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4
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5.4850 GBP
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10p
ordinary
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Sale
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251,165
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5.4703 GBP
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10p
ordinary
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Sale
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205,409
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5.4700 GBP
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10p
ordinary
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Sale
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63,641
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5.4880 GBP
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10p
ordinary
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Sale
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34,700
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5.4721 GBP
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10p
ordinary
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Sale
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27,859
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5.4828 GBP
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10p
ordinary
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Sale
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18,373
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5.4648 GBP
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10p
ordinary
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Sale
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17,227
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5.4699 GBP
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10p
ordinary
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Sale
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15,096
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5.4762 GBP
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10p
ordinary
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Sale
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11,557
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5.4565 GBP
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10p
ordinary
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Sale
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9,707
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5.4895 GBP
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10p
ordinary
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Sale
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7,955
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5.4776 GBP
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10p
ordinary
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Sale
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7,384
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5.4604 GBP
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10p
ordinary
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Sale
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6,750
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5.4752 GBP
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10p
ordinary
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Sale
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5,548
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5.4659 GBP
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10p
ordinary
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Sale
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2,488
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5.4575 GBP
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10p
ordinary
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Sale
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2,401
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5.4549 GBP
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10p
ordinary
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Sale
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1,651
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5.5050 GBP
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10p
ordinary
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Sale
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933
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5.5000 GBP
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10p
ordinary
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Sale
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696
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5.4799 GBP
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10p
ordinary
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Sale
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652
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5.4875 GBP
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10p
ordinary
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Sale
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635
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5.4475 GBP
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10p
ordinary
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Sale
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591
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5.5300 GBP
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10p
ordinary
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Sale
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560
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5.4825 GBP
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10p
ordinary
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Sale
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17
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5.4850 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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Increasing Short
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66,502
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5.4708 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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4,594
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5.4700 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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54,322
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5.4718 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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34,700
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5.4722 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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15,096
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5.4762 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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7,955
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5.4776 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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696
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5.4799 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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27,859
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5.4828 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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63,641
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5.4880 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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9,707
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5.4895 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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591
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5.5300 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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14
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5.4441 GBP
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10p
ordinary
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SWAP
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Increasing Short
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3,486
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5.4514 GBP
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10p
ordinary
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SWAP
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Increasing Short
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597
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5.4525 GBP
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10p
ordinary
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SWAP
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Increasing Short
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117,078
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5.4577 GBP
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10p
ordinary
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SWAP
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Increasing Short
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9,456
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5.4620 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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1,828
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5.4666 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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127,066
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5.4682 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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350,959
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5.4700 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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18,702
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5.4701 GBP
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|
10p
ordinary
|
SWAP
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Increasing Short
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96,011
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5.4724 GBP
|
|
10p
ordinary
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SWAP
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Increasing Short
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36,707
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5.4732 GBP
|
|
10p
ordinary
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SWAP
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Increasing Short
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36,522
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5.4738 GBP
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|
10p
ordinary
|
SWAP
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Increasing Short
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36,771
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5.4809 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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852
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5.5250 GBP
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|
10p
ordinary
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CFD
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Decreasing Short
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197,614
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5.4700 GBP
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|
10p
ordinary
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CFD
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Increasing Short
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771
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5.4700 GBP
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|
10p
ordinary
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CFD
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Increasing Short
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77,062
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5.4871 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
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Number of
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Exercise price
per
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|
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
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Price per unit
(if
|
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security
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|
applicable)
|
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4.
|
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,
|
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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
|
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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
|
|
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Details of any agreement, arrangement or understanding, formal
or informal, between
|
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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
|
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(c)
|
Attachments
|
|
|
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|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
11 Dec 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
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