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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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07
Nov 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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23,109,102
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1.67%
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23,491,096
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1.70%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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12,144,326
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0.88%
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22,177,697
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1.61%
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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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35,253,840
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2.55%
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45,668,793
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3.31%
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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
|
356,909
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5.7650 GBP
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|
10p
ordinary
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Purchase
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273,061
|
5.7010 GBP
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|
10p
ordinary
|
Purchase
|
246,163
|
5.7051 GBP
|
|
10p
ordinary
|
Purchase
|
175,216
|
5.6902 GBP
|
|
10p
ordinary
|
Purchase
|
137,981
|
5.6997 GBP
|
|
10p
ordinary
|
Purchase
|
65,187
|
5.7011 GBP
|
|
10p
ordinary
|
Purchase
|
61,748
|
5.6895 GBP
|
|
10p
ordinary
|
Purchase
|
60,458
|
5.7003 GBP
|
|
10p
ordinary
|
Purchase
|
41,024
|
5.7507 GBP
|
|
10p
ordinary
|
Purchase
|
38,112
|
5.6957 GBP
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|
10p
ordinary
|
Purchase
|
27,820
|
5.6994 GBP
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|
10p
ordinary
|
Purchase
|
22,685
|
5.6874 GBP
|
|
10p
ordinary
|
Purchase
|
22,351
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5.6805 GBP
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|
10p
ordinary
|
Purchase
|
21,568
|
5.7150 GBP
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|
10p
ordinary
|
Purchase
|
14,890
|
5.6886 GBP
|
|
10p
ordinary
|
Purchase
|
11,216
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5.7000 GBP
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|
10p
ordinary
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Purchase
|
8,569
|
5.6746 GBP
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|
10p
ordinary
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Purchase
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7,613
|
5.6880 GBP
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|
10p
ordinary
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Purchase
|
5,075
|
5.7025 GBP
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|
10p
ordinary
|
Purchase
|
5,048
|
5.6678 GBP
|
|
10p
ordinary
|
Purchase
|
4,576
|
5.6919 GBP
|
|
10p
ordinary
|
Purchase
|
3,837
|
5.7081 GBP
|
|
10p
ordinary
|
Purchase
|
1,847
|
5.6813 GBP
|
|
10p
ordinary
|
Purchase
|
1,760
|
5.6857 GBP
|
|
10p
ordinary
|
Purchase
|
1,700
|
5.7121 GBP
|
|
10p
ordinary
|
Purchase
|
1,119
|
5.6725 GBP
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|
10p
ordinary
|
Purchase
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1,114
|
5.6812 GBP
|
|
10p
ordinary
|
Purchase
|
688
|
5.6550 GBP
|
|
10p
ordinary
|
Purchase
|
513
|
5.6980 GBP
|
|
10p
ordinary
|
Purchase
|
310
|
5.6875 GBP
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|
10p
ordinary
|
Purchase
|
279
|
5.6950 GBP
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|
10p
ordinary
|
Purchase
|
240
|
5.7144 GBP
|
|
10p
ordinary
|
Purchase
|
233
|
5.6900 GBP
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|
10p
ordinary
|
Purchase
|
221
|
5.7200 GBP
|
|
10p
ordinary
|
Purchase
|
87
|
5.7106 GBP
|
|
10p
ordinary
|
Purchase
|
71
|
5.7215 GBP
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|
10p
ordinary
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Purchase
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1
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5.6700 GBP
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|
10p
ordinary
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Purchase
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1
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5.6800 GBP
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|
10p
ordinary
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Sale
|
644,959
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5.7000 GBP
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|
10p
ordinary
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Sale
|
446,443
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5.6999 GBP
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|
10p
ordinary
|
Sale
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350,000
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5.6885 GBP
|
|
10p
ordinary
|
Sale
|
265,376
|
5.7010 GBP
|
|
10p
ordinary
|
Sale
|
150,000
|
5.6881 GBP
|
|
10p
ordinary
|
Sale
|
78,699
|
5.6887 GBP
|
|
10p
ordinary
|
Sale
|
57,677
|
5.6985 GBP
|
|
10p
ordinary
|
Sale
|
33,763
|
5.7001 GBP
|
|
10p
ordinary
|
Sale
|
26,260
|
5.6954 GBP
|
|
10p
ordinary
|
Sale
|
21,251
|
5.6966 GBP
|
|
10p
ordinary
|
Sale
|
14,890
|
5.6886 GBP
|
|
10p
ordinary
|
Sale
|
14,462
|
5.7135 GBP
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|
10p
ordinary
|
Sale
|
13,359
|
5.7118 GBP
|
|
10p
ordinary
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Sale
|
13,100
|
5.6910 GBP
|
|
10p
ordinary
|
Sale
|
7,267
|
5.6879 GBP
|
|
10p
ordinary
|
Sale
|
7,207
|
5.6930 GBP
|
|
10p
ordinary
|
Sale
|
7,139
|
5.6746 GBP
|
|
10p
ordinary
|
Sale
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6,603
|
5.6991 GBP
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|
10p
ordinary
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Sale
|
6,119
|
5.6871 GBP
|
|
10p
ordinary
|
Sale
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5,153
|
5.6761 GBP
|
|
10p
ordinary
|
Sale
|
5,048
|
5.6678 GBP
|
|
10p
ordinary
|
Sale
|
4,933
|
5.6791 GBP
|
|
10p
ordinary
|
Sale
|
4,600
|
5.6896 GBP
|
|
10p
ordinary
|
Sale
|
4,504
|
5.7028 GBP
|
|
10p
ordinary
|
Sale
|
3,820
|
5.7073 GBP
|
|
10p
ordinary
|
Sale
|
3,650
|
5.7015 GBP
|
|
10p
ordinary
|
Sale
|
3,189
|
5.7002 GBP
|
|
10p
ordinary
|
Sale
|
2,987
|
5.6900 GBP
|
|
10p
ordinary
|
Sale
|
2,816
|
5.6950 GBP
|
|
10p
ordinary
|
Sale
|
1,847
|
5.6813 GBP
|
|
10p
ordinary
|
Sale
|
1,636
|
5.6856 GBP
|
|
10p
ordinary
|
Sale
|
1,532
|
5.6895 GBP
|
|
10p
ordinary
|
Sale
|
1,430
|
5.6750 GBP
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|
10p
ordinary
|
Sale
|
1,371
|
5.7121 GBP
|
|
10p
ordinary
|
Sale
|
1,250
|
5.6790 GBP
|
|
10p
ordinary
|
Sale
|
1,014
|
5.6709 GBP
|
|
10p
ordinary
|
Sale
|
907
|
5.6850 GBP
|
|
10p
ordinary
|
Sale
|
881
|
5.6700 GBP
|
|
10p
ordinary
|
Sale
|
688
|
5.6550 GBP
|
|
10p
ordinary
|
Sale
|
421
|
5.6475 GBP
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|
10p
ordinary
|
Sale
|
192
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5.7155 GBP
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|
10p
ordinary
|
Sale
|
1
|
5.6800 GBP
|
|
|
|
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|
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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
|
Price per
|
|
relevant
|
description
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|
reference
|
unit
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|
security
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|
|
securities
|
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10p
ordinary
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SWAP
|
Decreasing Short
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27,440
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5.6937 GBP
|
|
10p
ordinary
|
SWAP
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Increasing Short
|
41,024
|
5.7505 USD
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|
10p
ordinary
|
SWAP
|
Decreasing Short
|
150,000
|
5.6881 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
350,000
|
5.6885 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,600
|
5.6896 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
7,207
|
5.6930 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
80,403
|
5.6963 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
6,603
|
5.6991 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
752,806
|
5.7000 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
33,763
|
5.7001 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,650
|
5.7015 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,504
|
5.7028 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
13,359
|
5.7118 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
14,462
|
5.7135 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
37
|
5.8800 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
21,189
|
5.6872 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
61,748
|
5.6896 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
166,684
|
5.6902 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
9,792
|
5.6934 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
15,375
|
5.6984 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
98,147
|
5.7000 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
119,299
|
5.7002 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
60,458
|
5.7003 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
65,187
|
5.7011 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
73,633
|
5.7048 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
29,610
|
5.7053 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,837
|
5.7081 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
356,909
|
5.7650 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
86,025
|
5.6895 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
2,337
|
5.6946 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
265,376
|
5.7010 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,353
|
5.7027 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
50,000
|
5.7154 GBP
|
|
|
|
|
|
|
|
|
|
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(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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
(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:
|
08 Nov 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
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