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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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28
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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32,713,038
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2.37%
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23,138,499
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1.68%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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11,982,866
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0.87%
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31,638,542
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2.29%
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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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44,695,904
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3.24%
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54,777,041
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3.97%
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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
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104,472
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5.8269 GBP
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10p
ordinary
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Purchase
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73,727
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5.8300 GBP
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10p
ordinary
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Purchase
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61,176
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5.8270 GBP
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10p
ordinary
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Purchase
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52,800
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5.8257 GBP
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10p
ordinary
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Purchase
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28,834
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5.8295 GBP
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10p
ordinary
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Purchase
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24,811
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5.8154 GBP
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10p
ordinary
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Purchase
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22,480
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5.8233 GBP
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10p
ordinary
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Purchase
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9,435
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5.8293 GBP
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10p
ordinary
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Purchase
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4,788
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5.8253 GBP
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10p
ordinary
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Purchase
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3,020
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5.8376 GBP
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10p
ordinary
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Purchase
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2,599
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5.8091 GBP
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10p
ordinary
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Purchase
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2,207
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5.7900 GBP
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10p
ordinary
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Purchase
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2,098
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5.8187 GBP
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10p
ordinary
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Purchase
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1,988
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5.8329 GBP
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10p
ordinary
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Purchase
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1,745
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5.7917 GBP
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10p
ordinary
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Purchase
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1,727
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5.8304 GBP
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10p
ordinary
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Purchase
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1,101
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5.8355 GBP
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10p
ordinary
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Purchase
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984
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5.8250 GBP
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10p
ordinary
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Purchase
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522
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5.8350 GBP
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10p
ordinary
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Purchase
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470
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5.8325 GBP
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10p
ordinary
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Purchase
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417
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5.7850 GBP
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10p
ordinary
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Purchase
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225
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5.8225 GBP
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10p
ordinary
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Purchase
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139
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5.7825 GBP
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10p
ordinary
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Purchase
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32
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5.7750 GBP
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10p
ordinary
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Sale
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86,534
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5.8300 GBP
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10p
ordinary
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Sale
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17,624
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5.8294 GBP
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10p
ordinary
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Sale
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8,604
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5.8399 GBP
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10p
ordinary
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Sale
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8,390
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5.8269 GBP
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10p
ordinary
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Sale
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5,000
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5.8015 GBP
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10p
ordinary
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Sale
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3,891
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5.8069 GBP
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10p
ordinary
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Sale
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3,859
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5.8365 GBP
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10p
ordinary
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Sale
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3,020
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5.8382 GBP
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10p
ordinary
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Sale
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2,302
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5.8238 GBP
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10p
ordinary
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Sale
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2,265
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5.8286 GBP
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10p
ordinary
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Sale
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2,241
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5.8292 GBP
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10p
ordinary
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Sale
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2,158
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5.8241 GBP
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10p
ordinary
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Sale
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1,096
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5.8374 GBP
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10p
ordinary
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Sale
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741
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5.7767 GBP
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10p
ordinary
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Sale
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619
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5.7936 GBP
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10p
ordinary
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Sale
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522
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5.8355 GBP
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10p
ordinary
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Sale
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370
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5.7850 GBP
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10p
ordinary
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Sale
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107
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5.7900 GBP
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10p
ordinary
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Sale
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92
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5.8400 GBP
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10p
ordinary
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Sale
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38
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5.8250 GBP
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10p
ordinary
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Sale
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32
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5.7750 GBP
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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
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Price per
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relevant
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description
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reference
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unit
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security
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securities
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10p
ordinary
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SWAP
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Decreasing Short
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3,891
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5.8069 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,158
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5.8241 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,656
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5.8300 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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1,096
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5.8374 GBP
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10p
ordinary
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SWAP
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Increasing Short
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24,811
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5.8154 GBP
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10p
ordinary
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SWAP
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Increasing Short
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5,167
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5.8213 GBP
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10p
ordinary
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SWAP
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Increasing Short
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22,480
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5.8233 GBP
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10p
ordinary
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SWAP
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Increasing Short
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52,800
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5.8256 GBP
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10p
ordinary
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SWAP
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Increasing Short
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61,176
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5.8269 GBP
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10p
ordinary
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SWAP
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Increasing Short
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915
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5.8293 GBP
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10p
ordinary
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SWAP
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Increasing Short
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2,503
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5.8295 GBP
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10p
ordinary
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SWAP
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Increasing Short
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34,201
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5.8303 GBP
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10p
ordinary
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SWAP
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Increasing Short
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4,626
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5.8304 GBP
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10p
ordinary
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SWAP
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Increasing Short
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9,242
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5.8307 GBP
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10p
ordinary
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SWAP
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Increasing Short
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330,000
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5.9422 USD
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10p
ordinary
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CFD
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Decreasing Short
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147
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5.8300 GBP
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10p
ordinary
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CFD
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Increasing Short
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46,795
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5.8300 GBP
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10p
ordinary
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CFD
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Increasing Short
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1,373
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5.8333 GBP
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
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Class
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Product
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Writing,
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Number
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
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paid/
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security
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varying etc
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to which
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received
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option
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per unit
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relates
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(ii)
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Exercising
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Class of
relevant
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Product
description
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Exercising/ exercised
against
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Number of
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Exercise price
per
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security
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securities
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unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of
relevant
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Nature of
Dealings
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Details
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Price per unit
(if
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security
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applicable)
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4.
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OTHER
INFORMATION
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(a)
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Indemnity and other dealings arrangements
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Details of any indemnity or option arrangement, or any
agreement or understanding,
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formal or informal, relating to relevant securities which may
be an inducement to deal
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
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to
the offer or any person acting in concert with a party to the
offer:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
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Details of any agreement, arrangement or understanding, formal
or informal, between
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the
person making the disclosure and any other person relating
to:
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(i) the voting rights of any relevant securities under
any option; or
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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
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any
derivative is referenced:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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29 Nov 2024
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Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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