|
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:
|
18
Jul 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:
|
|
|
36,759,735
|
2.66%
|
28,012,494
|
2.03%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
7,665,380
|
0.56%
|
36,711,958
|
2.66%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
44,425,115
|
3.22%
|
64,724,452
|
4.69%
|
|
(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
|
193,432
|
4.4260 GBP
|
|
10p
ordinary
|
Purchase
|
67,488
|
4.4256 GBP
|
|
10p
ordinary
|
Purchase
|
61,914
|
4.4257 GBP
|
|
10p
ordinary
|
Purchase
|
53,759
|
4.4456 GBP
|
|
10p
ordinary
|
Purchase
|
35,812
|
4.4404 GBP
|
|
10p
ordinary
|
Purchase
|
27,559
|
4.4349 GBP
|
|
10p
ordinary
|
Purchase
|
26,600
|
4.4156 GBP
|
|
10p
ordinary
|
Purchase
|
25,951
|
4.4320 GBP
|
|
10p
ordinary
|
Purchase
|
20,492
|
4.4270 GBP
|
|
10p
ordinary
|
Purchase
|
20,021
|
4.4140 GBP
|
|
10p
ordinary
|
Purchase
|
18,853
|
4.4212 GBP
|
|
10p
ordinary
|
Purchase
|
13,596
|
4.4266 GBP
|
|
10p
ordinary
|
Purchase
|
4,255
|
4.4449 GBP
|
|
10p
ordinary
|
Purchase
|
3,978
|
4.4100 GBP
|
|
10p
ordinary
|
Purchase
|
3,500
|
4.4411 GBP
|
|
10p
ordinary
|
Purchase
|
3,466
|
4.4480 GBP
|
|
10p
ordinary
|
Purchase
|
3,129
|
4.4331 GBP
|
|
10p
ordinary
|
Purchase
|
2,999
|
4.4359 GBP
|
|
10p
ordinary
|
Purchase
|
2,612
|
4.4414 GBP
|
|
10p
ordinary
|
Purchase
|
1,210
|
4.4560 GBP
|
|
10p
ordinary
|
Purchase
|
740
|
4.4160 GBP
|
|
10p
ordinary
|
Purchase
|
732
|
4.4180 GBP
|
|
10p
ordinary
|
Purchase
|
398
|
4.4500 GBP
|
|
10p
ordinary
|
Purchase
|
8
|
4.4440 GBP
|
|
10p
ordinary
|
Purchase
|
6
|
4.4170 GBP
|
|
10p
ordinary
|
Purchase
|
2
|
4.4220 GBP
|
|
10p
ordinary
|
Sale
|
2,804,116
|
4.4200 GBP
|
|
10p
ordinary
|
Sale
|
281,421
|
4.4263 GBP
|
|
10p
ordinary
|
Sale
|
89,042
|
4.4406 GBP
|
|
10p
ordinary
|
Sale
|
86,637
|
4.4249 GBP
|
|
10p
ordinary
|
Sale
|
80,619
|
4.4341 GBP
|
|
10p
ordinary
|
Sale
|
79,469
|
4.4260 GBP
|
|
10p
ordinary
|
Sale
|
69,881
|
4.4402 GBP
|
|
10p
ordinary
|
Sale
|
64,344
|
4.4264 GBP
|
|
10p
ordinary
|
Sale
|
19,529
|
4.4104 GBP
|
|
10p
ordinary
|
Sale
|
6,250
|
4.4320 GBP
|
|
10p
ordinary
|
Sale
|
5,440
|
4.4247 GBP
|
|
10p
ordinary
|
Sale
|
5,309
|
4.4207 GBP
|
|
10p
ordinary
|
Sale
|
3,224
|
4.4154 GBP
|
|
10p
ordinary
|
Sale
|
2,590
|
4.4117 GBP
|
|
10p
ordinary
|
Sale
|
947
|
4.4210 GBP
|
|
10p
ordinary
|
Sale
|
896
|
4.4396 GBP
|
|
10p
ordinary
|
Sale
|
841
|
4.4426 GBP
|
|
10p
ordinary
|
Sale
|
804
|
4.4168 GBP
|
|
10p
ordinary
|
Sale
|
551
|
4.4180 GBP
|
|
10p
ordinary
|
Sale
|
537
|
4.4420 GBP
|
|
10p
ordinary
|
Sale
|
253
|
4.4140 GBP
|
|
10p
ordinary
|
Sale
|
122
|
4.4527 GBP
|
|
10p
ordinary
|
Sale
|
2
|
4.4224 GBP
|
|
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
|
relevant
|
description
|
|
reference
|
unit
|
|
security
|
|
|
securities
|
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
537
|
4.4180 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
77,292
|
4.4259 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
10,078
|
4.4260 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
537
|
4.4180 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
10,078
|
4.4260 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
13,596
|
4.4266 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,862
|
4.4256 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
20,909
|
4.4260 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,044
|
4.4294 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
896
|
4.4396 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
89,042
|
4.4406 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
841
|
4.4426 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
18,853
|
4.4212 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,129
|
4.4331 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
7,447
|
4.4353 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,999
|
4.4359 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
122
|
4.4527 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,544
|
4.4220 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
27,559
|
4.4349 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
391
|
4.4400 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
34,680
|
4.4260 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
8,614
|
4.4277 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
80,619
|
4.4341 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:
|
19 Jul 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|