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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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15
Jan 2025
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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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32,872,532
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2.38%
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27,133,559
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1.97%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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12,838,877
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0.93%
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30,926,704
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2.24%
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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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45,711,409
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3.31%
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58,060,263
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4.21%
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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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408,521
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5.7650 GBP
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10p
ordinary
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Purchase
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125,358
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5.7683 GBP
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10p
ordinary
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Purchase
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111,531
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5.7600 GBP
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10p
ordinary
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Purchase
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54,950
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5.7405 GBP
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10p
ordinary
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Purchase
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35,966
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5.7710 GBP
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|
10p
ordinary
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Purchase
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31,369
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5.7724 GBP
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|
10p
ordinary
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Purchase
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27,877
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5.7400 GBP
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10p
ordinary
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Purchase
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21,079
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5.7675 GBP
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10p
ordinary
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Purchase
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17,044
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5.7806 GBP
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|
10p
ordinary
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Purchase
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15,067
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5.7511 GBP
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10p
ordinary
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Purchase
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12,735
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5.7512 GBP
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10p
ordinary
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Purchase
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10,015
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5.7572 GBP
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10p
ordinary
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Purchase
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8,480
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5.7509 GBP
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|
10p
ordinary
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Purchase
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6,071
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5.7461 GBP
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10p
ordinary
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Purchase
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6,069
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5.7647 GBP
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10p
ordinary
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Purchase
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6,030
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5.7573 GBP
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10p
ordinary
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Purchase
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5,892
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5.7578 GBP
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10p
ordinary
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Purchase
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5,805
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5.7504 GBP
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10p
ordinary
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Purchase
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5,099
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5.7685 GBP
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10p
ordinary
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Purchase
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4,574
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5.7693 GBP
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10p
ordinary
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Purchase
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4,032
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5.7567 GBP
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10p
ordinary
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Purchase
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3,695
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5.7649 GBP
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10p
ordinary
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Purchase
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3,618
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5.7517 GBP
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10p
ordinary
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Purchase
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3,537
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5.8100 GBP
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10p
ordinary
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Purchase
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3,303
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5.7375 GBP
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10p
ordinary
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Purchase
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2,979
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5.7510 GBP
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10p
ordinary
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Purchase
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2,848
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5.7463 GBP
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10p
ordinary
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Purchase
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2,718
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5.7540 GBP
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10p
ordinary
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Purchase
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2,137
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5.7520 GBP
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10p
ordinary
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Purchase
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2,018
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5.7814 GBP
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10p
ordinary
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Purchase
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1,712
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5.7613 GBP
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10p
ordinary
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Purchase
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1,617
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5.7450 GBP
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10p
ordinary
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Purchase
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1,608
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5.7785 GBP
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10p
ordinary
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Purchase
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1,077
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5.7381 GBP
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10p
ordinary
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Purchase
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1,069
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5.7775 GBP
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10p
ordinary
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Purchase
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924
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5.7522 GBP
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10p
ordinary
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Purchase
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906
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5.7500 GBP
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10p
ordinary
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Purchase
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789
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5.8098 GBP
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10p
ordinary
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Purchase
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642
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5.8200 GBP
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10p
ordinary
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Purchase
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456
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5.7653 GBP
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10p
ordinary
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Purchase
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306
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5.8050 GBP
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10p
ordinary
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Purchase
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211
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5.7525 GBP
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10p
ordinary
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Purchase
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13
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5.7627 GBP
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10p
ordinary
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Sale
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3,775,303
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5.7500 GBP
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10p
ordinary
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Sale
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330,166
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5.7652 GBP
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10p
ordinary
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Sale
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71,557
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5.7650 GBP
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10p
ordinary
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Sale
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60,564
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5.7608 GBP
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10p
ordinary
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Sale
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57,657
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5.7757 GBP
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10p
ordinary
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Sale
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53,998
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5.7645 GBP
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10p
ordinary
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Sale
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38,352
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5.7454 GBP
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10p
ordinary
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Sale
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13,595
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5.7765 GBP
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10p
ordinary
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Sale
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12,965
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5.7450 GBP
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10p
ordinary
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Sale
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9,420
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5.7726 GBP
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10p
ordinary
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Sale
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4,784
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5.7541 GBP
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10p
ordinary
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Sale
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3,588
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5.7476 GBP
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10p
ordinary
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Sale
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3,186
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5.7600 GBP
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10p
ordinary
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Sale
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2,935
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5.7377 GBP
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10p
ordinary
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Sale
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2,545
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5.7596 GBP
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10p
ordinary
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Sale
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2,332
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5.7806 GBP
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10p
ordinary
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Sale
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2,206
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5.7552 GBP
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10p
ordinary
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Sale
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1,785
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5.7363 GBP
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|
10p
ordinary
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Sale
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1,775
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5.7745 GBP
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10p
ordinary
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Sale
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1,278
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5.7333 GBP
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10p
ordinary
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Sale
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1,228
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5.7350 GBP
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10p
ordinary
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Sale
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789
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5.8100 GBP
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10p
ordinary
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Sale
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622
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5.7200 GBP
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10p
ordinary
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Sale
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617
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5.7300 GBP
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10p
ordinary
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Sale
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553
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5.7400 GBP
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10p
ordinary
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Sale
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306
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5.8050 GBP
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10p
ordinary
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Sale
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203
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5.7571 GBP
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10p
ordinary
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Sale
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44
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5.7456 GBP
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10p
ordinary
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Sale
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31
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5.7750 GBP
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10p
ordinary
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Sale
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7
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5.7692 GBP
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10p
ordinary
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Sale
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3
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5.7516 GBP
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10p
ordinary
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Sale
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2
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5.7625 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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55,785
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5.7673 GBP
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10p
ordinary
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SWAP
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Increasing Short
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12,507
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5.7679 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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1,754
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5.7331 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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10,772
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5.7450 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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3,588
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5.7476 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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142,164
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5.7650 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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62,331
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5.7683 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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57,657
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5.7757 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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108
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5.7500 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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8,480
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5.7509 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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2,979
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5.7510 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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1,712
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5.7612 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
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13,236
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5.7641 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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64,099
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5.7650 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
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117,806
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5.7668 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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35,966
|
5.7710 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
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12,942
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5.7714 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
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17,044
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5.7806 GBP
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|
10p
ordinary
|
CFD
|
Decreasing Short
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22,579
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5.7629 GBP
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|
10p
ordinary
|
CFD
|
Decreasing Short
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69,980
|
5.7650 GBP
|
|
10p
ordinary
|
CFD
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Increasing Short
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94,442
|
5.7650 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,
|
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
|
Exercising/ exercised
against
|
Number of
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Exercise price
per
|
|
security
|
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|
securities
|
unit
|
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|
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(d)
|
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)
|
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
|
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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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|
|
any
derivative is referenced:
|
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|
NONE
|
|
(c)
|
Attachments
|
|
|
|
|
|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
16 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
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