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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
|
|
|
|
positions disclosed, if different from 1(a):
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(c)
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Name of offeror/offeree in relation to whose
|
DS
SMITH PLC
|
|
|
relevant securities this form relates:
|
|
(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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30
Apr 2024
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(f)
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In
addition to the company in 1(c) above, is the discloser
making
|
YES:
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|
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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
|
|
|
|
to
which the disclosure relates following the dealing(if
any)
|
|
|
Class of relevant security:
|
10p
ordinary
|
|
|
Interests
|
Short
Positions
|
|
|
Number
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(%)
|
Number
|
(%)
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|
(1)
|
Relevant securities owned
|
|
|
|
|
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|
and/or controlled:
|
|
|
21,995,307
|
1.59%
|
7,890,671
|
0.57%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
8,619,322
|
0.62%
|
21,519,339
|
1.56%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
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and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
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TOTAL:
|
|
|
30,614,629
|
2.22%
|
29,410,010
|
2.13%
|
|
(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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|
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Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
|
security
|
|
securities
|
|
|
10p
ordinary
|
Purchase
|
503,512
|
3.5113 GBP
|
|
10p
ordinary
|
Purchase
|
372,271
|
3.5160 GBP
|
|
10p
ordinary
|
Purchase
|
216,192
|
3.5065 GBP
|
|
10p
ordinary
|
Purchase
|
200,748
|
3.5040 GBP
|
|
10p
ordinary
|
Purchase
|
175,487
|
3.5197 GBP
|
|
10p
ordinary
|
Purchase
|
125,112
|
3.5124 GBP
|
|
10p
ordinary
|
Purchase
|
66,671
|
3.5182 GBP
|
|
10p
ordinary
|
Purchase
|
62,998
|
3.5226 GBP
|
|
10p
ordinary
|
Purchase
|
54,071
|
3.5166 GBP
|
|
10p
ordinary
|
Purchase
|
46,594
|
3.5152 GBP
|
|
10p
ordinary
|
Purchase
|
38,460
|
3.5154 GBP
|
|
10p
ordinary
|
Purchase
|
32,700
|
3.5222 GBP
|
|
10p
ordinary
|
Purchase
|
30,165
|
3.5162 GBP
|
|
10p
ordinary
|
Purchase
|
29,348
|
3.5143 GBP
|
|
10p
ordinary
|
Purchase
|
28,537
|
3.5145 GBP
|
|
10p
ordinary
|
Purchase
|
25,148
|
3.5186 GBP
|
|
10p
ordinary
|
Purchase
|
23,882
|
3.5179 GBP
|
|
10p
ordinary
|
Purchase
|
22,385
|
3.5171 GBP
|
|
10p
ordinary
|
Purchase
|
16,323
|
3.5170 GBP
|
|
10p
ordinary
|
Purchase
|
15,751
|
3.5217 GBP
|
|
10p
ordinary
|
Purchase
|
13,859
|
3.5106 GBP
|
|
10p
ordinary
|
Purchase
|
11,679
|
3.5129 GBP
|
|
10p
ordinary
|
Purchase
|
8,126
|
3.5138 GBP
|
|
10p
ordinary
|
Purchase
|
7,191
|
3.5240 GBP
|
|
10p
ordinary
|
Purchase
|
7,034
|
3.5121 GBP
|
|
10p
ordinary
|
Purchase
|
6,378
|
3.5110 GBP
|
|
10p
ordinary
|
Purchase
|
5,948
|
3.5181 GBP
|
|
10p
ordinary
|
Purchase
|
5,447
|
3.5175 GBP
|
|
10p
ordinary
|
Purchase
|
4,389
|
3.5126 GBP
|
|
10p
ordinary
|
Purchase
|
4,380
|
3.5228 GBP
|
|
10p
ordinary
|
Purchase
|
4,172
|
3.5193 GBP
|
|
10p
ordinary
|
Purchase
|
4,106
|
3.5117 GBP
|
|
10p
ordinary
|
Purchase
|
3,684
|
3.5140 GBP
|
|
10p
ordinary
|
Purchase
|
3,366
|
3.5136 GBP
|
|
10p
ordinary
|
Purchase
|
1,489
|
3.5289 GBP
|
|
10p
ordinary
|
Purchase
|
1,200
|
3.5200 GBP
|
|
10p
ordinary
|
Purchase
|
1,117
|
3.5131 GBP
|
|
10p
ordinary
|
Purchase
|
791
|
3.5300 GBP
|
|
10p
ordinary
|
Purchase
|
698
|
3.5280 GBP
|
|
10p
ordinary
|
Purchase
|
476
|
3.5380 GBP
|
|
10p
ordinary
|
Purchase
|
153
|
3.5030 GBP
|
|
10p
ordinary
|
Sale
|
355,034
|
3.5211 GBP
|
|
10p
ordinary
|
Sale
|
229,272
|
3.5132 GBP
|
|
10p
ordinary
|
Sale
|
158,204
|
3.5040 GBP
|
|
10p
ordinary
|
Sale
|
138,672
|
3.5165 GBP
|
|
10p
ordinary
|
Sale
|
105,109
|
3.5159 GBP
|
|
10p
ordinary
|
Sale
|
103,904
|
3.5041 GBP
|
|
10p
ordinary
|
Sale
|
76,519
|
3.5128 GBP
|
|
10p
ordinary
|
Sale
|
49,789
|
3.5045 GBP
|
|
10p
ordinary
|
Sale
|
45,129
|
3.5075 GBP
|
|
10p
ordinary
|
Sale
|
34,914
|
3.5082 GBP
|
|
10p
ordinary
|
Sale
|
27,300
|
3.5124 GBP
|
|
10p
ordinary
|
Sale
|
25,115
|
3.5230 GBP
|
|
10p
ordinary
|
Sale
|
21,781
|
3.5179 GBP
|
|
10p
ordinary
|
Sale
|
21,264
|
3.5180 GBP
|
|
10p
ordinary
|
Sale
|
15,052
|
3.5168 GBP
|
|
10p
ordinary
|
Sale
|
13,752
|
3.5289 GBP
|
|
10p
ordinary
|
Sale
|
10,902
|
3.5268 GBP
|
|
10p
ordinary
|
Sale
|
9,161
|
3.5196 GBP
|
|
10p
ordinary
|
Sale
|
8,050
|
3.5184 GBP
|
|
10p
ordinary
|
Sale
|
7,984
|
3.5153 GBP
|
|
10p
ordinary
|
Sale
|
5,798
|
3.5176 GBP
|
|
10p
ordinary
|
Sale
|
5,601
|
3.5140 GBP
|
|
10p
ordinary
|
Sale
|
4,777
|
3.5192 GBP
|
|
10p
ordinary
|
Sale
|
4,446
|
3.5150 GBP
|
|
10p
ordinary
|
Sale
|
4,200
|
3.5158 GBP
|
|
10p
ordinary
|
Sale
|
3,088
|
3.5187 GBP
|
|
10p
ordinary
|
Sale
|
2,787
|
3.5143 GBP
|
|
10p
ordinary
|
Sale
|
2,728
|
3.5221 GBP
|
|
10p
ordinary
|
Sale
|
2,613
|
3.5185 GBP
|
|
10p
ordinary
|
Sale
|
1,988
|
3.5047 GBP
|
|
10p
ordinary
|
Sale
|
1,677
|
3.5280 GBP
|
|
10p
ordinary
|
Sale
|
1,600
|
3.5080 GBP
|
|
10p
ordinary
|
Sale
|
1,386
|
3.5130 GBP
|
|
10p
ordinary
|
Sale
|
1,373
|
3.5142 GBP
|
|
10p
ordinary
|
Sale
|
1,200
|
3.5170 GBP
|
|
10p
ordinary
|
Sale
|
1,004
|
3.5120 GBP
|
|
10p
ordinary
|
Sale
|
791
|
3.5300 GBP
|
|
10p
ordinary
|
Sale
|
578
|
3.5144 GBP
|
|
10p
ordinary
|
Sale
|
361
|
3.5190 GBP
|
|
10p
ordinary
|
Sale
|
270
|
3.5380 GBP
|
|
10p
ordinary
|
Sale
|
218
|
3.5200 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
|
Closing
Long
|
15,751
|
3.5217 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Long
|
20,078
|
3.5145 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
3,784
|
3.5156 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
20,098
|
3.5184 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
25,148
|
3.5186 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
325
|
3.5380 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
422
|
3.5096 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
578
|
3.5144 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
807
|
3.5160 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,718
|
3.5039 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,613
|
3.5185 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
3,531
|
3.5135 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
15,649
|
3.5192 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
18,159
|
3.5174 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
25,115
|
3.5231 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
50,000
|
3.5117 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
104,980
|
3.5171 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
106,865
|
3.5173 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
108,263
|
3.5040 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
355,034
|
3.5211 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
5,798
|
3.5176 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
55
|
3.5380 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
144
|
3.5040 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
2,976
|
3.5043 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
3,885
|
3.5190 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,172
|
3.5193 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,380
|
3.5228 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,477
|
3.5201 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,948
|
3.5181 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
31,405
|
3.5195 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
31,876
|
3.5039 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
48,944
|
3.5040 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
56,049
|
3.5157 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
62,998
|
3.5226 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
98,308
|
3.5040 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
100,817
|
3.5059 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
119,786
|
3.5178 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
125,112
|
3.5124 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
128,840
|
3.5160 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
174,708
|
3.5197 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
186,047
|
3.5214 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
243,431
|
3.5160 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
78,201
|
3.5125 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:
|
01 May 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
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