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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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23
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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34,744,509
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2.52%
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29,742,581
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2.15%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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12,551,034
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0.91%
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32,318,776
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2.34%
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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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47,295,543
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3.43%
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62,061,357
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4.50%
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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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227,218
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6.0290 GBP
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10p
ordinary
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Purchase
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143,836
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6.0268 GBP
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10p
ordinary
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Purchase
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96,146
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6.0073 GBP
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10p
ordinary
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Purchase
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72,008
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6.0300 GBP
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10p
ordinary
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Purchase
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47,081
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6.0279 GBP
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|
10p
ordinary
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Purchase
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40,264
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6.0058 GBP
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|
10p
ordinary
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Purchase
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35,923
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6.0072 GBP
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|
10p
ordinary
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Purchase
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34,529
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6.0077 GBP
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10p
ordinary
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Purchase
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7,553
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6.0090 GBP
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10p
ordinary
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Purchase
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7,527
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6.0016 GBP
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10p
ordinary
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Purchase
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6,721
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6.0055 GBP
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10p
ordinary
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Purchase
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5,315
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6.0041 GBP
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|
10p
ordinary
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Purchase
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4,204
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6.0120 GBP
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|
10p
ordinary
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Purchase
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4,025
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5.9979 GBP
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10p
ordinary
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Purchase
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3,931
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6.0015 GBP
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10p
ordinary
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Purchase
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3,417
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6.0148 GBP
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10p
ordinary
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Purchase
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2,255
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6.0088 GBP
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10p
ordinary
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Purchase
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1,887
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6.0051 GBP
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10p
ordinary
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Purchase
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1,858
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5.9965 GBP
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10p
ordinary
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Purchase
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1,824
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6.0125 GBP
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10p
ordinary
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Purchase
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1,814
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6.0027 GBP
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10p
ordinary
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Purchase
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1,609
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6.0086 GBP
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10p
ordinary
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Purchase
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1,119
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5.9969 GBP
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|
10p
ordinary
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Purchase
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945
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5.9950 GBP
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|
10p
ordinary
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Purchase
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702
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6.0075 GBP
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10p
ordinary
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Purchase
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580
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5.9975 GBP
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10p
ordinary
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Purchase
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563
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6.0050 GBP
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10p
ordinary
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Purchase
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219
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5.9900 GBP
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10p
ordinary
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Purchase
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23
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6.0200 GBP
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10p
ordinary
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Purchase
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8
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6.0079 GBP
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10p
ordinary
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Sale
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122,687
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6.0300 GBP
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10p
ordinary
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Sale
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103,196
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6.0224 GBP
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10p
ordinary
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Sale
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87,000
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6.0119 GBP
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10p
ordinary
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Sale
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63,485
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6.0222 GBP
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10p
ordinary
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Sale
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47,081
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6.0279 GBP
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10p
ordinary
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Sale
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37,897
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6.0306 GBP
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10p
ordinary
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Sale
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34,964
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6.0204 GBP
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10p
ordinary
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Sale
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25,276
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6.0056 GBP
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10p
ordinary
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Sale
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20,734
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6.0029 GBP
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10p
ordinary
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Sale
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16,853
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6.0025 GBP
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10p
ordinary
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Sale
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15,343
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6.0035 GBP
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10p
ordinary
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Sale
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13,507
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6.0095 GBP
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10p
ordinary
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Sale
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12,396
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6.0075 GBP
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|
10p
ordinary
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Sale
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9,271
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6.0094 GBP
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10p
ordinary
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Sale
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6,698
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6.0239 GBP
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10p
ordinary
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Sale
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5,966
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6.0068 GBP
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|
10p
ordinary
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Sale
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5,709
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6.0299 GBP
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10p
ordinary
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Sale
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5,436
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6.0065 GBP
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|
10p
ordinary
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Sale
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4,793
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6.0010 GBP
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10p
ordinary
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Sale
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4,745
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6.0017 GBP
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10p
ordinary
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Sale
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4,271
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6.0020 GBP
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10p
ordinary
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Sale
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3,513
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5.9999 GBP
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|
10p
ordinary
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Sale
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2,633
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5.9977 GBP
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|
10p
ordinary
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Sale
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1,936
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6.0150 GBP
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|
10p
ordinary
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Sale
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1,893
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6.0026 GBP
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|
10p
ordinary
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Sale
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1,499
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6.0092 GBP
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10p
ordinary
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Sale
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1,275
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5.9956 GBP
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|
10p
ordinary
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Sale
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1,141
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6.0045 GBP
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10p
ordinary
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Sale
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1,134
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5.9900 GBP
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10p
ordinary
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Sale
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579
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6.0132 GBP
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|
10p
ordinary
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Sale
|
563
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6.0050 GBP
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10p
ordinary
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Sale
|
548
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5.9975 GBP
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10p
ordinary
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Sale
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516
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5.9950 GBP
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10p
ordinary
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Sale
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456
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5.9899 GBP
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10p
ordinary
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Sale
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352
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6.0106 GBP
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10p
ordinary
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Sale
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23
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6.0200 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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302
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5.9950 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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1,141
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6.0045 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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25,276
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6.0056 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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5,966
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6.0068 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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9,720
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6.0076 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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13,507
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6.0095 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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352
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6.0106 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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57,952
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6.0116 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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87,000
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6.0119 USD
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10p
ordinary
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SWAP
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Decreasing Short
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34,964
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6.0205 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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33,300
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6.0262 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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45,121
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6.0300 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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219
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5.9900 GBP
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10p
ordinary
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SWAP
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Increasing Short
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1,814
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6.0027 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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20
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6.0050 GBP
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|
10p
ordinary
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SWAP
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Increasing Short
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35,923
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6.0072 GBP
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|
10p
ordinary
|
SWAP
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Increasing Short
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96,146
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6.0073 GBP
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|
10p
ordinary
|
SWAP
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Increasing Short
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16,975
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6.0074 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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327
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6.0075 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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30,303
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6.0083 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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131,309
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6.0135 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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3,417
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6.0148 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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42,369
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6.0297 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
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1,501
|
6.0300 GBP
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|
10p
ordinary
|
SWAP
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Increasing Short
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20,000
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6.0315 GBP
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|
10p
ordinary
|
CFD
|
Decreasing Short
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30,000
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6.0009 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
563
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6.0050 GBP
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|
10p
ordinary
|
CFD
|
Increasing Short
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3,413
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6.0098 GBP
|
|
10p
ordinary
|
CFD
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Increasing Short
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47,081
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6.0279 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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|
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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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(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)
|
|
|
|
|
|
|
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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|
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
|
|
|
to
the offer or any person acting in concert with a party to the
offer:
|
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NONE
|
|
(b)
|
Agreements, arrangements or understandings relating to options
or derivatives
|
|
|
Details of any agreement, arrangement or understanding, formal
or informal, between
|
|
|
|
the
person making the disclosure and any other person relating
to:
|
|
|
|
(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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|
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|
NONE
|
|
(c)
|
Attachments
|
|
|
|
|
|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
27 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
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