FORM 8.3
|
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
|
A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
|
MORE
|
Rule 8.3 of the Takeover Code
(the "Code")
|
1.
|
KEY
INFORMATION
|
(a)
|
Full name of discloser:
|
|
Barclays PLC.
|
(b)
|
Owner or controller of interest and short
|
|
|
positions disclosed, if different from 1(a):
|
(c)
|
Name of offeror/offeree in relation to whose
|
DS
SMITH PLC
|
|
relevant securities this form relates:
|
(d)
|
If
an exempt fund manager connected with an
|
|
|
offeror/offeree, state this and specify identity
of
|
|
offeror/offeree:
|
(e)
|
Date position held/dealing undertaken:
|
17
Dec 2024
|
(f)
|
In
addition to the company in 1(c) above, is the discloser
making
|
YES:
|
|
|
|
disclosures in respect of any other party to the
offer?
|
INTERNATIONAL PAPER COMPANY
|
|
2.
|
POSITIONS OF THE PERSON MAKING THE DISCLOSURE
|
(a)
|
Interests and short positions in the relevant securities of
the offeror or offeree
|
|
|
to
which the disclosure relates following the dealing(if
any)
|
|
Class of relevant security:
|
10p
ordinary
|
|
Interests
|
Short
Positions
|
|
Number
|
(%)
|
Number
|
(%)
|
(1)
|
Relevant securities owned
|
|
|
|
|
|
and/or controlled:
|
|
|
34,499,758
|
2.50%
|
16,443,626
|
1.19%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
12,610,829
|
0.91%
|
33,376,759
|
2.42%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
47,110,587
|
3.41%
|
49,820,385
|
3.61%
|
(b)
|
Rights to subscribe for new securities (including directors
and other executive
|
|
|
options)
|
|
|
|
|
|
|
Class of relevant security in relation to
|
|
|
|
|
which subscription right exists
|
|
|
|
|
Details, including nature of the rights
|
|
|
|
|
concerned and relevant percentages:
|
|
|
|
|
3.
|
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
|
(a)
|
Purchases and sales
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
security
|
|
securities
|
|
10p
ordinary
|
Purchase
|
301,107
|
5.4477 GBP
|
10p
ordinary
|
Purchase
|
256,422
|
5.4350 GBP
|
10p
ordinary
|
Purchase
|
98,859
|
5.4229 GBP
|
10p
ordinary
|
Purchase
|
18,509
|
5.4376 GBP
|
10p
ordinary
|
Purchase
|
16,414
|
5.4579 GBP
|
10p
ordinary
|
Purchase
|
12,048
|
5.4621 GBP
|
10p
ordinary
|
Purchase
|
9,496
|
5.4502 GBP
|
10p
ordinary
|
Purchase
|
7,045
|
5.4355 GBP
|
10p
ordinary
|
Purchase
|
4,113
|
5.4434 GBP
|
10p
ordinary
|
Purchase
|
3,932
|
5.4413 GBP
|
10p
ordinary
|
Purchase
|
2,787
|
5.4397 GBP
|
10p
ordinary
|
Purchase
|
2,409
|
5.4488 GBP
|
10p
ordinary
|
Purchase
|
1,534
|
5.4400 GBP
|
10p
ordinary
|
Purchase
|
1,343
|
5.4591 GBP
|
10p
ordinary
|
Purchase
|
1,144
|
5.4388 GBP
|
10p
ordinary
|
Purchase
|
864
|
5.4275 GBP
|
10p
ordinary
|
Purchase
|
805
|
5.4383 GBP
|
10p
ordinary
|
Purchase
|
642
|
5.4250 GBP
|
10p
ordinary
|
Purchase
|
455
|
5.4406 GBP
|
10p
ordinary
|
Purchase
|
444
|
5.4384 GBP
|
10p
ordinary
|
Purchase
|
296
|
5.4550 GBP
|
10p
ordinary
|
Purchase
|
277
|
5.4700 GBP
|
10p
ordinary
|
Purchase
|
80
|
5.4356 GBP
|
10p
ordinary
|
Purchase
|
1
|
5.4450 GBP
|
10p
ordinary
|
Sale
|
136,124
|
5.4350 GBP
|
10p
ordinary
|
Sale
|
71,630
|
5.4344 GBP
|
10p
ordinary
|
Sale
|
39,181
|
5.4445 GBP
|
10p
ordinary
|
Sale
|
36,918
|
5.4396 GBP
|
10p
ordinary
|
Sale
|
35,995
|
5.4240 GBP
|
10p
ordinary
|
Sale
|
35,600
|
5.4437 GBP
|
10p
ordinary
|
Sale
|
29,163
|
5.4459 GBP
|
10p
ordinary
|
Sale
|
28,233
|
5.4311 GBP
|
10p
ordinary
|
Sale
|
23,150
|
5.4233 GBP
|
10p
ordinary
|
Sale
|
17,404
|
5.4250 GBP
|
10p
ordinary
|
Sale
|
17,311
|
5.4385 GBP
|
10p
ordinary
|
Sale
|
13,763
|
5.4455 GBP
|
10p
ordinary
|
Sale
|
13,054
|
5.4482 GBP
|
10p
ordinary
|
Sale
|
10,216
|
5.4442 GBP
|
10p
ordinary
|
Sale
|
7,045
|
5.4355 GBP
|
10p
ordinary
|
Sale
|
6,373
|
5.4441 GBP
|
10p
ordinary
|
Sale
|
6,241
|
5.4540 GBP
|
10p
ordinary
|
Sale
|
6,185
|
5.4420 GBP
|
10p
ordinary
|
Sale
|
5,857
|
5.4677 GBP
|
10p
ordinary
|
Sale
|
5,420
|
5.4549 GBP
|
10p
ordinary
|
Sale
|
4,994
|
5.4431 GBP
|
10p
ordinary
|
Sale
|
3,495
|
5.4377 GBP
|
10p
ordinary
|
Sale
|
3,346
|
5.4552 GBP
|
10p
ordinary
|
Sale
|
2,819
|
5.4475 GBP
|
10p
ordinary
|
Sale
|
2,199
|
5.4612 GBP
|
10p
ordinary
|
Sale
|
1,745
|
5.4347 GBP
|
10p
ordinary
|
Sale
|
1,319
|
5.4490 GBP
|
10p
ordinary
|
Sale
|
1,273
|
5.4339 GBP
|
10p
ordinary
|
Sale
|
882
|
5.4427 GBP
|
10p
ordinary
|
Sale
|
740
|
5.4425 GBP
|
10p
ordinary
|
Sale
|
671
|
5.4450 GBP
|
10p
ordinary
|
Sale
|
330
|
5.4400 GBP
|
10p
ordinary
|
Sale
|
322
|
5.4449 GBP
|
10p
ordinary
|
Sale
|
277
|
5.4700 GBP
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
35,793
|
5.4513 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
71,630
|
5.4344 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
12,068
|
5.4345 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
9,158
|
5.4350 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,495
|
5.4376 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,900
|
5.4385 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,464
|
5.4420 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
35,600
|
5.4437 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
13,531
|
5.4438 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
39,181
|
5.4445 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
322
|
5.4449 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
13,136
|
5.4460 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
13,054
|
5.4482 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
296
|
5.4850 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
73,647
|
5.5108 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
34,098
|
5.4350 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,840
|
5.4352 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
80
|
5.4356 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,204
|
5.4400 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
301,107
|
5.4477 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
8,914
|
5.4579 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
500,000
|
5.4997 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
789
|
5.4350 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
906
|
5.4457 GBP
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions (including
options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
Class
|
Product
|
Writing,
|
Number
|
Exercise
|
Type
|
Expiry
|
Option
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
security
|
|
varying etc
|
to which
|
|
|
|
received
|
|
|
|
option
|
|
|
|
per unit
|
|
|
|
relates
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for new
securities)
|
|
Class of
relevant
|
Nature of
Dealings
|
Details
|
Price per unit
(if
|
security
|
|
|
applicable)
|
|
|
|
|
4.
|
OTHER
INFORMATION
|
(a)
|
Indemnity and other dealings arrangements
|
|
Details of any indemnity or option arrangement, or any
agreement or understanding,
|
|
|
formal or informal, relating to relevant securities which may
be an inducement to deal
|
|
|
or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
|
|
to
the offer or any person acting in concert with a party to the
offer:
|
|
|
|
NONE
|
(b)
|
Agreements, arrangements or understandings relating to options
or derivatives
|
|
Details of any agreement, arrangement or understanding, formal
or informal, between
|
|
|
the
person making the disclosure and any other person relating
to:
|
|
|
(i) the voting rights of any relevant securities under
any option; or
|
|
|
|
(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
|
|
|
any
derivative is referenced:
|
|
|
|
|
|
|
NONE
|
(c)
|
Attachments
|
|
|
|
|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
18 Dec 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|