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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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09
Oct 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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29,359,048
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2.13%
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25,674,804
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1.86%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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11,696,731
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0.85%
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27,963,321
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2.03%
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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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41,055,779
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2.97%
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53,638,125
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3.89%
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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
|
413,969
|
4.5901 GBP
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|
10p
ordinary
|
Purchase
|
357,833
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4.5920 GBP
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|
10p
ordinary
|
Purchase
|
215,003
|
4.6114 GBP
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|
10p
ordinary
|
Purchase
|
177,904
|
4.5942 GBP
|
|
10p
ordinary
|
Purchase
|
169,007
|
4.5917 GBP
|
|
10p
ordinary
|
Purchase
|
164,049
|
4.5728 GBP
|
|
10p
ordinary
|
Purchase
|
138,698
|
4.5970 GBP
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|
10p
ordinary
|
Purchase
|
84,890
|
4.5921 GBP
|
|
10p
ordinary
|
Purchase
|
83,384
|
4.5960 GBP
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|
10p
ordinary
|
Purchase
|
58,273
|
4.5749 GBP
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|
10p
ordinary
|
Purchase
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43,462
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4.5705 GBP
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|
10p
ordinary
|
Purchase
|
38,257
|
4.5807 GBP
|
|
10p
ordinary
|
Purchase
|
34,068
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4.6035 GBP
|
|
10p
ordinary
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Purchase
|
29,451
|
4.5923 GBP
|
|
10p
ordinary
|
Purchase
|
24,775
|
4.5911 GBP
|
|
10p
ordinary
|
Purchase
|
23,179
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4.5720 GBP
|
|
10p
ordinary
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Purchase
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22,175
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4.5941 GBP
|
|
10p
ordinary
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Purchase
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19,905
|
4.6109 GBP
|
|
10p
ordinary
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Purchase
|
16,850
|
4.6118 GBP
|
|
10p
ordinary
|
Purchase
|
16,482
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4.6115 GBP
|
|
10p
ordinary
|
Purchase
|
14,760
|
4.6132 GBP
|
|
10p
ordinary
|
Purchase
|
13,592
|
4.5932 GBP
|
|
10p
ordinary
|
Purchase
|
13,049
|
4.5724 GBP
|
|
10p
ordinary
|
Purchase
|
12,928
|
4.6036 GBP
|
|
10p
ordinary
|
Purchase
|
8,703
|
4.5734 GBP
|
|
10p
ordinary
|
Purchase
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8,063
|
4.6200 GBP
|
|
10p
ordinary
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Purchase
|
7,163
|
4.6181 GBP
|
|
10p
ordinary
|
Purchase
|
6,460
|
4.6077 GBP
|
|
10p
ordinary
|
Purchase
|
5,095
|
4.6117 GBP
|
|
10p
ordinary
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Purchase
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4,715
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4.5858 GBP
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|
10p
ordinary
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Purchase
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3,732
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4.6108 GBP
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|
10p
ordinary
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Purchase
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3,665
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4.6106 GBP
|
|
10p
ordinary
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Purchase
|
3,186
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4.5868 GBP
|
|
10p
ordinary
|
Purchase
|
2,891
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4.5830 GBP
|
|
10p
ordinary
|
Purchase
|
2,627
|
4.5680 GBP
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|
10p
ordinary
|
Purchase
|
2,516
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4.5745 GBP
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|
10p
ordinary
|
Purchase
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1,423
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4.5820 GBP
|
|
10p
ordinary
|
Purchase
|
1,028
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4.5710 GBP
|
|
10p
ordinary
|
Purchase
|
887
|
4.5760 GBP
|
|
10p
ordinary
|
Purchase
|
885
|
4.5940 GBP
|
|
10p
ordinary
|
Purchase
|
790
|
4.5980 GBP
|
|
10p
ordinary
|
Purchase
|
683
|
4.5930 GBP
|
|
10p
ordinary
|
Purchase
|
481
|
4.6000 GBP
|
|
10p
ordinary
|
Purchase
|
231
|
4.5700 GBP
|
|
10p
ordinary
|
Purchase
|
145
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4.5800 GBP
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|
10p
ordinary
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Sale
|
391,801
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4.5920 GBP
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|
10p
ordinary
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Sale
|
385,735
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4.5919 GBP
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|
10p
ordinary
|
Sale
|
198,002
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4.5733 GBP
|
|
10p
ordinary
|
Sale
|
117,198
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4.5853 GBP
|
|
10p
ordinary
|
Sale
|
65,421
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4.5747 GBP
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|
10p
ordinary
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Sale
|
44,220
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4.5706 GBP
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|
10p
ordinary
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Sale
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24,275
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4.5723 GBP
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|
10p
ordinary
|
Sale
|
18,062
|
4.5820 GBP
|
|
10p
ordinary
|
Sale
|
16,075
|
4.6081 GBP
|
|
10p
ordinary
|
Sale
|
12,210
|
4.5939 GBP
|
|
10p
ordinary
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Sale
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12,150
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4.5728 GBP
|
|
10p
ordinary
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Sale
|
8,751
|
4.5922 GBP
|
|
10p
ordinary
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Sale
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8,633
|
4.5772 GBP
|
|
10p
ordinary
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Sale
|
7,695
|
4.5787 GBP
|
|
10p
ordinary
|
Sale
|
7,544
|
4.5927 GBP
|
|
10p
ordinary
|
Sale
|
7,126
|
4.5720 GBP
|
|
10p
ordinary
|
Sale
|
6,641
|
4.5871 GBP
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|
10p
ordinary
|
Sale
|
5,434
|
4.5913 GBP
|
|
10p
ordinary
|
Sale
|
4,528
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4.6179 GBP
|
|
10p
ordinary
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Sale
|
2,770
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4.5933 GBP
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|
10p
ordinary
|
Sale
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2,673
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4.5923 GBP
|
|
10p
ordinary
|
Sale
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2,627
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4.5680 GBP
|
|
10p
ordinary
|
Sale
|
2,371
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4.5759 GBP
|
|
10p
ordinary
|
Sale
|
1,948
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4.5897 GBP
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|
10p
ordinary
|
Sale
|
1,781
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4.5959 GBP
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|
10p
ordinary
|
Sale
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1,728
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4.5980 GBP
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10p
ordinary
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Sale
|
1,555
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4.5734 GBP
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10p
ordinary
|
Sale
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1,423
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4.5821 GBP
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|
10p
ordinary
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Sale
|
914
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4.5880 GBP
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|
10p
ordinary
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Sale
|
481
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4.6000 GBP
|
|
10p
ordinary
|
Sale
|
231
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4.5700 GBP
|
|
10p
ordinary
|
Sale
|
181
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4.5940 GBP
|
|
10p
ordinary
|
Sale
|
145
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4.5800 GBP
|
|
10p
ordinary
|
Sale
|
145
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4.5804 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
|
|
security
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|
|
securities
|
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|
10p
ordinary
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SWAP
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Opening
Long
|
1,000,000
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4.5959 USD
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|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,371
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4.5759 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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7,695
|
4.5787 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
12,947
|
4.5838 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
74,325
|
4.5911 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
273,576
|
4.5920 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
31,858
|
4.5923 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,456
|
4.5999 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
16,075
|
4.6081 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,528
|
4.6179 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
38,257
|
4.5807 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,715
|
4.5858 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
152,225
|
4.5889 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
19,725
|
4.5898 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
237,872
|
4.5920 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
9,477
|
4.5921 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
168
|
4.5926 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
192
|
4.5927 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
25,719
|
4.5933 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
177,904
|
4.5942 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,916
|
4.5957 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
83,384
|
4.5960 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
790
|
4.5980 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
99,402
|
4.6009 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
100,319
|
4.6013 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
173
|
4.5920 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
173
|
4.5920 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
84,890
|
4.5921 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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|
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(ii)
|
Exercising
|
|
|
|
|
|
|
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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:
|
10 Oct 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
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