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FORM 8.3 - Amendment to 2a and 3a
Replaces form Released at 28/01/2025 13:25 RNS Number :
9954U
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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
relevant securities this form relates:
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DS
SMITH PLC
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(d)
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If
an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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27
Jan 2025
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(f)
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In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
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YES:
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)
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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)
Relevant securities owned and/or controlled:
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34,772,041
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2.52%
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13,239,653
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0.95%
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(2)
Cash-settled derivatives:
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12,483,102
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0.90%
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32,303,501
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2.34%
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(3)
Stock-settled derivatives (including options) 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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47,255,143
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3.42%
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45,543,154
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3.29%
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(b)
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Rights to subscribe for new securities (including directors
and
other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE PERSON MAKING THE
DISCLOSURE
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Number of
securities
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Price per
unit
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10p
ordinary
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Purchase
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10,916,585
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6.1101 GBP
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10p
ordinary
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Purchase
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6,180,075
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6.1100 GBP
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10p
ordinary
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Purchase
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261,657
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6.0946 GBP
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|
10p
ordinary
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Purchase
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150,000
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6.1138 GBP
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|
10p
ordinary
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Purchase
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133,305
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6.1237 GBP
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|
10p
ordinary
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Purchase
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108,825
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6.1316 GBP
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|
10p
ordinary
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Purchase
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63,537
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6.0700 GBP
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|
10p
ordinary
|
Purchase
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31,099
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6.1201 GBP
|
|
10p
ordinary
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Purchase
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27,503
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6.0709 GBP
|
|
10p
ordinary
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Purchase
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24,391
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6.1104 GBP
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|
10p
ordinary
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Purchase
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24,290
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6.0706 GBP
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|
10p
ordinary
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Purchase
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24,102
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6.1108 GBP
|
|
10p
ordinary
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Purchase
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20,202
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6.0732 GBP
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|
10p
ordinary
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Purchase
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14,250
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6.1046 GBP
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|
10p
ordinary
|
Purchase
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10,285
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6.1258 GBP
|
|
10p
ordinary
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Purchase
|
9,680
|
6.1570 GBP
|
|
10p
ordinary
|
Purchase
|
8,157
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6.0926 GBP
|
|
10p
ordinary
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Purchase
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6,551
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6.1205 GBP
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|
10p
ordinary
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Purchase
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5,803
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6.1323 GBP
|
|
10p
ordinary
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Purchase
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5,773
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6.1227 GBP
|
|
10p
ordinary
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Purchase
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5,652
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6.1367 GBP
|
|
10p
ordinary
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Purchase
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5,556
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6.1192 GBP
|
|
10p
ordinary
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Purchase
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5,240
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6.1385 GBP
|
|
10p
ordinary
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Purchase
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4,244
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6.0844 GBP
|
|
10p
ordinary
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Purchase
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3,436
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6.1193 GBP
|
|
10p
ordinary
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Purchase
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1,685
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6.1178 GBP
|
|
10p
ordinary
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Purchase
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1,081
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6.0973 GBP
|
|
10p
ordinary
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Purchase
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1,021
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6.0948 GBP
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|
10p
ordinary
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Purchase
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975
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6.1425 GBP
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|
10p
ordinary
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Purchase
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825
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6.1450 GBP
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|
10p
ordinary
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Purchase
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525
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6.1525 GBP
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10p
ordinary
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Purchase
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365
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6.0995 GBP
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|
10p
ordinary
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Purchase
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363
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6.0900 GBP
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10p
ordinary
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Purchase
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256
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6.0800 GBP
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|
10p
ordinary
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Purchase
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150
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6.1300 GBP
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10p
ordinary
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Purchase
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137
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6.0912 GBP
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|
10p
ordinary
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Purchase
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8
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6.1200 GBP
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|
10p
ordinary
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Purchase
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2
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6.0850 GBP
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|
10p
ordinary
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Sale
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606,374
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6.0700 GBP
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|
10p
ordinary
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Sale
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117,666
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6.0958 GBP
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|
10p
ordinary
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Sale
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84,109
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6.0944 GBP
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|
10p
ordinary
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Sale
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67,221
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6.0888 GBP
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10p
ordinary
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Sale
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64,309
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6.0903 GBP
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|
10p
ordinary
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Sale
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61,215
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6.1313 GBP
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|
10p
ordinary
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Sale
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56,965
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6.1001 GBP
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10p
ordinary
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Sale
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51,795
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6.1126 GBP
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|
10p
ordinary
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Sale
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27,163
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6.1108 GBP
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10p
ordinary
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Sale
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24,638
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6.1094 GBP
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10p
ordinary
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Sale
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20,202
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6.0732 GBP
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10p
ordinary
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Sale
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14,042
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6.1195 GBP
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10p
ordinary
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Sale
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11,304
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6.1375 GBP
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10p
ordinary
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Sale
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10,270
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6.1179 GBP
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10p
ordinary
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Sale
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6,392
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6.1333 GBP
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10p
ordinary
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Sale
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5,803
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6.1331 GBP
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10p
ordinary
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Sale
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5,240
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6.1393 GBP
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|
10p
ordinary
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Sale
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5,128
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6.1200 GBP
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10p
ordinary
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Sale
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4,571
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6.1324 GBP
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|
10p
ordinary
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Sale
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4,299
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6.1122 GBP
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|
10p
ordinary
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Sale
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4,263
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6.1157 GBP
|
|
10p
ordinary
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Sale
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1,721
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6.1248 GBP
|
|
10p
ordinary
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Sale
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1,530
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6.1015 GBP
|
|
10p
ordinary
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Sale
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1,346
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6.1227 GBP
|
|
10p
ordinary
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Sale
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1,118
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6.1250 GBP
|
|
10p
ordinary
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Sale
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1,021
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6.0948 GBP
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|
10p
ordinary
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Sale
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825
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6.1450 GBP
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|
10p
ordinary
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Sale
|
802
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6.1204 GBP
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|
10p
ordinary
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Sale
|
740
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6.1081 GBP
|
|
10p
ordinary
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Sale
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736
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6.0991 GBP
|
|
10p
ordinary
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Sale
|
713
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6.0650 GBP
|
|
10p
ordinary
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Sale
|
566
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6.1114 GBP
|
|
10p
ordinary
|
Sale
|
513
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6.1050 GBP
|
|
10p
ordinary
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Sale
|
282
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6.0799 GBP
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|
10p
ordinary
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Sale
|
150
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6.1300 GBP
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|
10p
ordinary
|
Sale
|
143
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6.1099 GBP
|
|
10p
ordinary
|
Sale
|
79
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6.0940 GBP
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|
10p
ordinary
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Sale
|
2
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6.0851 GBP
|
|
10p
ordinary
|
Sale
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2
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6.0850 GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
|
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10p
ordinary
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SWAP
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Increasing Short
|
12,889
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6.1050 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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227,000
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6.0259 USD
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|
10p
ordinary
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SWAP
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Decreasing Short
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1,965
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6.0700 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
282
|
6.0799 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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10,145
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6.0881 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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67,221
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6.0888 GBP
|
|
10p
ordinary
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SWAP
|
Decreasing Short
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64,309
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6.0903 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
79
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6.0934 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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84,109
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6.0944 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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88,371
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6.0986 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
|
736
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6.0991 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
699
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6.1100 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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4,299
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6.1122 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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22,393
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6.1144 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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29,318
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6.1150 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
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100,766
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6.0700 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
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24,290
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6.0706 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
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7,078
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6.0712 USD
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
20,000
|
6.0715 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
19,239
|
6.0773 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,593
|
6.0800 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,312
|
6.0860 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
391
|
6.0869 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
8,157
|
6.0926 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
24,391
|
6.1104 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
24,102
|
6.1108 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
150,000
|
6.1138 USD
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,436
|
6.1193 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
108,825
|
6.1316 USD
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
9,680
|
6.1570 USD
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
8,628
|
6.0700 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
21,316
|
6.1096 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
46,749
|
6.1263 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
83,211
|
6.1264 GBP
|
|
|
|
|
|
|
|
|
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(c)
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Stock-settled derivative transactions
(including options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
Class
of
relevant
security
|
Product
description
|
Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
|
Expiry
date
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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(d)
|
Other dealings (including subscribing for
new securities)
|
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
applicable)
|
|
|
|
|
|
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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 person 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:
|
29 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
