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
Jun 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:
|
|
|
31,310,753
|
2.27%
|
30,566,227
|
2.22%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
7,393,127
|
0.54%
|
30,371,373
|
2.20%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
38,703,880
|
2.81%
|
60,937,600
|
4.42%
|
(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
|
858,740
|
3.5040 GBP
|
10p
ordinary
|
Purchase
|
430,985
|
3.4837 GBP
|
10p
ordinary
|
Purchase
|
317,179
|
3.4832 GBP
|
10p
ordinary
|
Purchase
|
229,942
|
3.4968 GBP
|
10p
ordinary
|
Purchase
|
207,950
|
3.4970 GBP
|
10p
ordinary
|
Purchase
|
110,000
|
3.4692 GBP
|
10p
ordinary
|
Purchase
|
106,253
|
3.4823 GBP
|
10p
ordinary
|
Purchase
|
102,458
|
3.4848 GBP
|
10p
ordinary
|
Purchase
|
90,545
|
3.4909 GBP
|
10p
ordinary
|
Purchase
|
81,416
|
3.4815 GBP
|
10p
ordinary
|
Purchase
|
58,413
|
3.4798 GBP
|
10p
ordinary
|
Purchase
|
50,109
|
3.4947 GBP
|
10p
ordinary
|
Purchase
|
47,709
|
3.4824 GBP
|
10p
ordinary
|
Purchase
|
36,867
|
3.4842 GBP
|
10p
ordinary
|
Purchase
|
33,341
|
3.5036 GBP
|
10p
ordinary
|
Purchase
|
24,991
|
3.4858 GBP
|
10p
ordinary
|
Purchase
|
24,083
|
3.4854 GBP
|
10p
ordinary
|
Purchase
|
23,210
|
3.5030 GBP
|
10p
ordinary
|
Purchase
|
22,818
|
3.4681 GBP
|
10p
ordinary
|
Purchase
|
20,776
|
3.4964 GBP
|
10p
ordinary
|
Purchase
|
20,010
|
3.5042 GBP
|
10p
ordinary
|
Purchase
|
18,853
|
3.5022 GBP
|
10p
ordinary
|
Purchase
|
15,713
|
3.4818 GBP
|
10p
ordinary
|
Purchase
|
10,543
|
3.4844 GBP
|
10p
ordinary
|
Purchase
|
10,428
|
3.4887 GBP
|
10p
ordinary
|
Purchase
|
10,000
|
3.4924 GBP
|
10p
ordinary
|
Purchase
|
7,800
|
3.4918 GBP
|
10p
ordinary
|
Purchase
|
6,918
|
3.4620 GBP
|
10p
ordinary
|
Purchase
|
6,542
|
3.5010 GBP
|
10p
ordinary
|
Purchase
|
5,836
|
3.4870 GBP
|
10p
ordinary
|
Purchase
|
5,330
|
3.4849 GBP
|
10p
ordinary
|
Purchase
|
5,139
|
3.4939 GBP
|
10p
ordinary
|
Purchase
|
4,883
|
3.4895 GBP
|
10p
ordinary
|
Purchase
|
4,261
|
3.4723 GBP
|
10p
ordinary
|
Purchase
|
3,267
|
3.4863 GBP
|
10p
ordinary
|
Purchase
|
3,235
|
3.5000 GBP
|
10p
ordinary
|
Purchase
|
3,005
|
3.4695 GBP
|
10p
ordinary
|
Purchase
|
2,947
|
3.5070 GBP
|
10p
ordinary
|
Purchase
|
2,730
|
3.4780 GBP
|
10p
ordinary
|
Purchase
|
2,454
|
3.4900 GBP
|
10p
ordinary
|
Purchase
|
2,261
|
3.4907 GBP
|
10p
ordinary
|
Purchase
|
1,606
|
3.4980 GBP
|
10p
ordinary
|
Purchase
|
1,436
|
3.4830 GBP
|
10p
ordinary
|
Purchase
|
975
|
3.4920 GBP
|
10p
ordinary
|
Purchase
|
908
|
3.4800 GBP
|
10p
ordinary
|
Purchase
|
900
|
3.4710 GBP
|
10p
ordinary
|
Purchase
|
885
|
3.4840 GBP
|
10p
ordinary
|
Purchase
|
776
|
3.5120 GBP
|
10p
ordinary
|
Sale
|
3,130,873
|
3.4800 GBP
|
10p
ordinary
|
Sale
|
970,691
|
3.5032 GBP
|
10p
ordinary
|
Sale
|
647,337
|
3.5040 GBP
|
10p
ordinary
|
Sale
|
370,386
|
3.4862 GBP
|
10p
ordinary
|
Sale
|
123,678
|
3.4894 GBP
|
10p
ordinary
|
Sale
|
122,989
|
3.4918 GBP
|
10p
ordinary
|
Sale
|
105,367
|
3.4888 GBP
|
10p
ordinary
|
Sale
|
103,221
|
3.4957 GBP
|
10p
ordinary
|
Sale
|
90,838
|
3.4874 GBP
|
10p
ordinary
|
Sale
|
90,545
|
3.4909 GBP
|
10p
ordinary
|
Sale
|
69,244
|
3.4823 GBP
|
10p
ordinary
|
Sale
|
62,852
|
3.4829 GBP
|
10p
ordinary
|
Sale
|
47,754
|
3.4985 GBP
|
10p
ordinary
|
Sale
|
42,812
|
3.4804 GBP
|
10p
ordinary
|
Sale
|
34,868
|
3.4781 GBP
|
10p
ordinary
|
Sale
|
23,354
|
3.4831 GBP
|
10p
ordinary
|
Sale
|
22,818
|
3.4681 GBP
|
10p
ordinary
|
Sale
|
22,693
|
3.4803 GBP
|
10p
ordinary
|
Sale
|
20,869
|
3.4821 GBP
|
10p
ordinary
|
Sale
|
18,853
|
3.5022 GBP
|
10p
ordinary
|
Sale
|
15,713
|
3.4818 GBP
|
10p
ordinary
|
Sale
|
15,601
|
3.4782 GBP
|
10p
ordinary
|
Sale
|
14,150
|
3.4840 GBP
|
10p
ordinary
|
Sale
|
13,420
|
3.4816 GBP
|
10p
ordinary
|
Sale
|
11,141
|
3.5034 GBP
|
10p
ordinary
|
Sale
|
9,697
|
3.4787 GBP
|
10p
ordinary
|
Sale
|
8,948
|
3.4875 GBP
|
10p
ordinary
|
Sale
|
8,439
|
3.4924 GBP
|
10p
ordinary
|
Sale
|
7,505
|
3.4794 GBP
|
10p
ordinary
|
Sale
|
6,635
|
3.4842 GBP
|
10p
ordinary
|
Sale
|
5,959
|
3.4798 GBP
|
10p
ordinary
|
Sale
|
5,177
|
3.5004 GBP
|
10p
ordinary
|
Sale
|
4,775
|
3.4948 GBP
|
10p
ordinary
|
Sale
|
4,658
|
3.4902 GBP
|
10p
ordinary
|
Sale
|
4,261
|
3.4723 GBP
|
10p
ordinary
|
Sale
|
4,147
|
3.4956 GBP
|
10p
ordinary
|
Sale
|
3,557
|
3.4768 GBP
|
10p
ordinary
|
Sale
|
3,235
|
3.5000 GBP
|
10p
ordinary
|
Sale
|
2,947
|
3.5070 GBP
|
10p
ordinary
|
Sale
|
2,664
|
3.4746 GBP
|
10p
ordinary
|
Sale
|
2,454
|
3.4904 GBP
|
10p
ordinary
|
Sale
|
2,156
|
3.4820 GBP
|
10p
ordinary
|
Sale
|
1,752
|
3.4950 GBP
|
10p
ordinary
|
Sale
|
1,718
|
3.4869 GBP
|
10p
ordinary
|
Sale
|
1,708
|
3.4711 GBP
|
10p
ordinary
|
Sale
|
1,520
|
3.4640 GBP
|
10p
ordinary
|
Sale
|
954
|
3.4920 GBP
|
10p
ordinary
|
Sale
|
926
|
3.4923 GBP
|
10p
ordinary
|
Sale
|
230
|
3.4900 GBP
|
10p
ordinary
|
Sale
|
120
|
3.4830 GBP
|
10p
ordinary
|
Sale
|
81
|
3.5035 GBP
|
10p
ordinary
|
Sale
|
31,624
|
3.5030 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 Long
|
786
|
3.5100 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
5,756
|
3.4998 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
20,010
|
3.5042 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
35,090
|
3.4754 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
50,109
|
3.4947 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,520
|
3.4640 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,658
|
3.4902 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
29,599
|
3.5039 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
32,012
|
3.5036 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
47,754
|
3.4985 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
103,221
|
3.4957 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
106,418
|
3.5033 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
151,267
|
3.4783 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
451,209
|
3.5040 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
8,948
|
3.4875 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
11,222
|
3.5034 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2
|
3.4900 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
776
|
3.5120 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
789
|
3.4980 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
908
|
3.4800 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,756
|
3.5039 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,883
|
3.4895 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,928
|
3.5022 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
17,124
|
3.4842 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
61,965
|
3.5039 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
98,895
|
3.5040 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
102,458
|
3.4848 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
236,554
|
3.4832 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
22,644
|
3.4917 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 Jun 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
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|
|
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