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:
|
29
Jan 2025
|
(f)
|
In
addition to the company in 1(c) above, is the discloser
making
|
YES:
|
|
|
|
disclosures in respect of any other party to the
offer?
|
INTERNATIONAL PAPER COMPANY
|
|
2.
|
POSITIONS OF THE PERSON MAKING THE
DISCLOSURE
|
(a)
|
Interests and short positions in the relevant securities of
the offeror or offeree
|
|
|
to
which the disclosure relates following the dealing(if
any)
|
|
Class of relevant security:
|
10p
ordinary
|
|
Interests
|
Short
Positions
|
|
Number
|
(%)
|
Number
|
(%)
|
(1)
|
Relevant securities owned
|
|
|
|
|
|
and/or controlled:
|
|
|
34,728,577
|
2.52%
|
13,256,567
|
0.96%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
13,066,452
|
0.95%
|
32,329,104
|
2.34%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
47,795,029
|
3.46%
|
45,585,671
|
3.30%
|
(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
|
463,418
|
6.0274 GBP
|
10p
ordinary
|
Purchase
|
387,830
|
6.0040 GBP
|
10p
ordinary
|
Purchase
|
293,189
|
6.0019 GBP
|
10p
ordinary
|
Purchase
|
179,296
|
6.0237 GBP
|
10p
ordinary
|
Purchase
|
134,000
|
6.0422 GBP
|
10p
ordinary
|
Purchase
|
128,014
|
6.0051 GBP
|
10p
ordinary
|
Purchase
|
125,802
|
5.9901 GBP
|
10p
ordinary
|
Purchase
|
125,768
|
5.9700 GBP
|
10p
ordinary
|
Purchase
|
115,975
|
6.0217 GBP
|
10p
ordinary
|
Purchase
|
91,722
|
5.9835 GBP
|
10p
ordinary
|
Purchase
|
56,829
|
5.9815 GBP
|
10p
ordinary
|
Purchase
|
36,788
|
6.0137 GBP
|
10p
ordinary
|
Purchase
|
22,431
|
5.9881 GBP
|
10p
ordinary
|
Purchase
|
20,956
|
6.0700 GBP
|
10p
ordinary
|
Purchase
|
20,617
|
6.0107 GBP
|
10p
ordinary
|
Purchase
|
19,289
|
6.0254 GBP
|
10p
ordinary
|
Purchase
|
15,000
|
6.0336 GBP
|
10p
ordinary
|
Purchase
|
12,249
|
6.0175 GBP
|
10p
ordinary
|
Purchase
|
10,000
|
5.9717 GBP
|
10p
ordinary
|
Purchase
|
9,327
|
5.9965 GBP
|
10p
ordinary
|
Purchase
|
8,771
|
5.9600 GBP
|
10p
ordinary
|
Purchase
|
7,936
|
5.9729 GBP
|
10p
ordinary
|
Purchase
|
7,238
|
5.9772 GBP
|
10p
ordinary
|
Purchase
|
5,962
|
5.9940 GBP
|
10p
ordinary
|
Purchase
|
5,504
|
5.9800 GBP
|
10p
ordinary
|
Purchase
|
5,165
|
5.9936 GBP
|
10p
ordinary
|
Purchase
|
5,105
|
5.9929 GBP
|
10p
ordinary
|
Purchase
|
4,064
|
6.0000 GBP
|
10p
ordinary
|
Purchase
|
3,902
|
5.9658 GBP
|
10p
ordinary
|
Purchase
|
3,887
|
5.9886 GBP
|
10p
ordinary
|
Purchase
|
3,307
|
5.9963 GBP
|
10p
ordinary
|
Purchase
|
2,948
|
5.9561 GBP
|
10p
ordinary
|
Purchase
|
2,881
|
6.0108 GBP
|
10p
ordinary
|
Purchase
|
2,705
|
6.0285 GBP
|
10p
ordinary
|
Purchase
|
2,654
|
5.9575 GBP
|
10p
ordinary
|
Purchase
|
2,493
|
5.9875 GBP
|
10p
ordinary
|
Purchase
|
2,172
|
6.0160 GBP
|
10p
ordinary
|
Purchase
|
1,895
|
6.0150 GBP
|
10p
ordinary
|
Purchase
|
1,123
|
6.0466 GBP
|
10p
ordinary
|
Purchase
|
1,094
|
5.9850 GBP
|
10p
ordinary
|
Purchase
|
1,048
|
5.9972 GBP
|
10p
ordinary
|
Purchase
|
715
|
6.0750 GBP
|
10p
ordinary
|
Purchase
|
569
|
6.0100 GBP
|
10p
ordinary
|
Purchase
|
553
|
6.0250 GBP
|
10p
ordinary
|
Sale
|
177,700
|
5.9951 GBP
|
10p
ordinary
|
Sale
|
133,810
|
5.9918 GBP
|
10p
ordinary
|
Sale
|
97,049
|
5.9869 GBP
|
10p
ordinary
|
Sale
|
50,000
|
5.9948 GBP
|
10p
ordinary
|
Sale
|
39,609
|
5.9758 GBP
|
10p
ordinary
|
Sale
|
31,665
|
6.0035 GBP
|
10p
ordinary
|
Sale
|
29,684
|
6.0369 GBP
|
10p
ordinary
|
Sale
|
29,389
|
5.9908 GBP
|
10p
ordinary
|
Sale
|
27,882
|
6.0236 GBP
|
10p
ordinary
|
Sale
|
23,790
|
5.9700 GBP
|
10p
ordinary
|
Sale
|
22,972
|
6.0187 GBP
|
10p
ordinary
|
Sale
|
20,956
|
6.0700 GBP
|
10p
ordinary
|
Sale
|
18,017
|
6.0303 GBP
|
10p
ordinary
|
Sale
|
16,250
|
5.9837 GBP
|
10p
ordinary
|
Sale
|
10,577
|
6.0582 GBP
|
10p
ordinary
|
Sale
|
8,771
|
5.9600 GBP
|
10p
ordinary
|
Sale
|
6,684
|
5.9973 GBP
|
10p
ordinary
|
Sale
|
6,666
|
6.0296 GBP
|
10p
ordinary
|
Sale
|
6,253
|
6.0186 GBP
|
10p
ordinary
|
Sale
|
5,349
|
5.9870 GBP
|
10p
ordinary
|
Sale
|
5,088
|
6.0435 GBP
|
10p
ordinary
|
Sale
|
4,223
|
5.9904 GBP
|
10p
ordinary
|
Sale
|
3,990
|
5.9711 GBP
|
10p
ordinary
|
Sale
|
3,972
|
6.0650 GBP
|
10p
ordinary
|
Sale
|
3,902
|
5.9664 GBP
|
10p
ordinary
|
Sale
|
3,547
|
5.9712 GBP
|
10p
ordinary
|
Sale
|
2,948
|
5.9567 GBP
|
10p
ordinary
|
Sale
|
2,337
|
6.0167 GBP
|
10p
ordinary
|
Sale
|
1,895
|
6.0150 GBP
|
10p
ordinary
|
Sale
|
1,560
|
6.0050 GBP
|
10p
ordinary
|
Sale
|
1,267
|
6.0000 GBP
|
10p
ordinary
|
Sale
|
1,105
|
6.0200 GBP
|
10p
ordinary
|
Sale
|
1,072
|
6.0047 GBP
|
10p
ordinary
|
Sale
|
1,049
|
5.9900 GBP
|
10p
ordinary
|
Sale
|
715
|
6.0750 GBP
|
10p
ordinary
|
Sale
|
617
|
5.9550 GBP
|
10p
ordinary
|
Sale
|
553
|
6.0250 GBP
|
10p
ordinary
|
Sale
|
548
|
5.9850 GBP
|
10p
ordinary
|
Sale
|
47
|
6.0531 GBP
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
81,341
|
5.9700 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
39,609
|
5.9758 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,049
|
5.9900 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
70,767
|
5.9939 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,560
|
6.0050 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
47
|
6.0530 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
10,577
|
6.0582 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,654
|
5.9576 USD
|
10p
ordinary
|
SWAP
|
Increasing Short
|
106,454
|
5.9700 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
14,055
|
5.9707 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
77,730
|
5.9905 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
30,000
|
5.9907 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,484
|
6.0004 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
387,830
|
6.0040 USD
|
10p
ordinary
|
SWAP
|
Increasing Short
|
63,025
|
6.0063 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
25,000
|
6.0089 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
15,249
|
6.0107 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,881
|
6.0108 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
115,975
|
6.0217 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
179,296
|
6.0237 USD
|
10p
ordinary
|
SWAP
|
Increasing Short
|
19,289
|
6.0254 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
463,418
|
6.0274 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
23,024
|
6.0765 USD
|
10p
ordinary
|
CFD
|
Decreasing Short
|
8,771
|
5.9600 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1
|
5.9700 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
13,071
|
5.9765 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
50,000
|
5.9811 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
82,951
|
5.9579 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
1
|
5.9700 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
5,753
|
6.0003 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
74,383
|
6.0199 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
103,999
|
6.0369 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
20,956
|
6.0700 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:
|
30 Jan 2025
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
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