|
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:
|
10
May 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:
|
|
|
24,763,171
|
1.80%
|
19,121,679
|
1.39%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
7,994,427
|
0.58%
|
22,283,499
|
1.62%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
32,757,598
|
2.37%
|
41,405,178
|
3.00%
|
|
(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
|
464,197
|
3.6248 GBP
|
|
10p
ordinary
|
Purchase
|
442,477
|
3.6044 GBP
|
|
10p
ordinary
|
Purchase
|
327,091
|
3.6089 GBP
|
|
10p
ordinary
|
Purchase
|
295,716
|
3.6009 GBP
|
|
10p
ordinary
|
Purchase
|
266,842
|
3.6300 GBP
|
|
10p
ordinary
|
Purchase
|
184,556
|
3.6177 GBP
|
|
10p
ordinary
|
Purchase
|
170,620
|
3.6298 GBP
|
|
10p
ordinary
|
Purchase
|
145,841
|
3.6217 GBP
|
|
10p
ordinary
|
Purchase
|
121,103
|
3.6151 GBP
|
|
10p
ordinary
|
Purchase
|
107,698
|
3.6165 GBP
|
|
10p
ordinary
|
Purchase
|
102,514
|
3.6167 GBP
|
|
10p
ordinary
|
Purchase
|
64,134
|
3.6295 GBP
|
|
10p
ordinary
|
Purchase
|
62,498
|
3.6091 GBP
|
|
10p
ordinary
|
Purchase
|
60,546
|
3.6158 GBP
|
|
10p
ordinary
|
Purchase
|
38,946
|
3.6064 GBP
|
|
10p
ordinary
|
Purchase
|
24,188
|
3.6074 GBP
|
|
10p
ordinary
|
Purchase
|
23,491
|
3.6221 GBP
|
|
10p
ordinary
|
Purchase
|
18,959
|
3.6141 GBP
|
|
10p
ordinary
|
Purchase
|
18,828
|
3.6070 GBP
|
|
10p
ordinary
|
Purchase
|
18,694
|
3.6142 GBP
|
|
10p
ordinary
|
Purchase
|
18,507
|
3.6294 GBP
|
|
10p
ordinary
|
Purchase
|
17,373
|
3.5962 GBP
|
|
10p
ordinary
|
Purchase
|
16,328
|
3.6146 GBP
|
|
10p
ordinary
|
Purchase
|
14,831
|
3.6094 GBP
|
|
10p
ordinary
|
Purchase
|
13,393
|
3.5973 GBP
|
|
10p
ordinary
|
Purchase
|
12,551
|
3.6115 GBP
|
|
10p
ordinary
|
Purchase
|
12,475
|
3.5972 GBP
|
|
10p
ordinary
|
Purchase
|
12,443
|
3.6137 GBP
|
|
10p
ordinary
|
Purchase
|
8,806
|
3.5863 GBP
|
|
10p
ordinary
|
Purchase
|
7,873
|
3.6080 GBP
|
|
10p
ordinary
|
Purchase
|
7,555
|
3.5900 GBP
|
|
10p
ordinary
|
Purchase
|
6,840
|
3.6060 GBP
|
|
10p
ordinary
|
Purchase
|
5,728
|
3.6035 GBP
|
|
10p
ordinary
|
Purchase
|
5,344
|
3.6121 GBP
|
|
10p
ordinary
|
Purchase
|
4,463
|
3.6075 GBP
|
|
10p
ordinary
|
Purchase
|
4,316
|
3.5893 GBP
|
|
10p
ordinary
|
Purchase
|
4,204
|
3.6280 GBP
|
|
10p
ordinary
|
Purchase
|
3,724
|
3.6011 GBP
|
|
10p
ordinary
|
Purchase
|
3,701
|
3.5870 GBP
|
|
10p
ordinary
|
Purchase
|
3,216
|
3.5891 GBP
|
|
10p
ordinary
|
Purchase
|
2,031
|
3.6007 GBP
|
|
10p
ordinary
|
Purchase
|
2,020
|
3.6157 GBP
|
|
10p
ordinary
|
Purchase
|
1,935
|
3.6100 GBP
|
|
10p
ordinary
|
Purchase
|
1,844
|
3.6000 GBP
|
|
10p
ordinary
|
Purchase
|
1,678
|
3.5780 GBP
|
|
10p
ordinary
|
Purchase
|
1,493
|
3.6220 GBP
|
|
10p
ordinary
|
Purchase
|
1,449
|
3.5980 GBP
|
|
10p
ordinary
|
Purchase
|
1,403
|
3.6340 GBP
|
|
10p
ordinary
|
Purchase
|
1,285
|
3.6140 GBP
|
|
10p
ordinary
|
Purchase
|
962
|
3.6240 GBP
|
|
10p
ordinary
|
Purchase
|
538
|
3.6020 GBP
|
|
10p
ordinary
|
Purchase
|
177
|
3.6105 GBP
|
|
10p
ordinary
|
Purchase
|
95
|
3.6025 GBP
|
|
10p
ordinary
|
Purchase
|
10
|
3.6279 GBP
|
|
10p
ordinary
|
Purchase
|
2
|
3.6260 GBP
|
|
10p
ordinary
|
Sale
|
716,456
|
3.6300 GBP
|
|
10p
ordinary
|
Sale
|
148,206
|
3.6151 GBP
|
|
10p
ordinary
|
Sale
|
134,714
|
3.6052 GBP
|
|
10p
ordinary
|
Sale
|
106,609
|
3.6224 GBP
|
|
10p
ordinary
|
Sale
|
103,039
|
3.6021 GBP
|
|
10p
ordinary
|
Sale
|
90,561
|
3.6202 GBP
|
|
10p
ordinary
|
Sale
|
76,819
|
3.5960 GBP
|
|
10p
ordinary
|
Sale
|
73,392
|
3.6400 GBP
|
|
10p
ordinary
|
Sale
|
58,309
|
3.6031 GBP
|
|
10p
ordinary
|
Sale
|
55,715
|
3.6222 GBP
|
|
10p
ordinary
|
Sale
|
49,100
|
3.6062 GBP
|
|
10p
ordinary
|
Sale
|
42,628
|
3.5991 GBP
|
|
10p
ordinary
|
Sale
|
37,177
|
3.6067 GBP
|
|
10p
ordinary
|
Sale
|
35,925
|
3.6041 GBP
|
|
10p
ordinary
|
Sale
|
34,618
|
3.6127 GBP
|
|
10p
ordinary
|
Sale
|
28,837
|
3.6100 GBP
|
|
10p
ordinary
|
Sale
|
23,141
|
3.6229 GBP
|
|
10p
ordinary
|
Sale
|
16,968
|
3.6058 GBP
|
|
10p
ordinary
|
Sale
|
15,523
|
3.6017 GBP
|
|
10p
ordinary
|
Sale
|
15,499
|
3.6095 GBP
|
|
10p
ordinary
|
Sale
|
14,711
|
3.6024 GBP
|
|
10p
ordinary
|
Sale
|
13,393
|
3.5973 GBP
|
|
10p
ordinary
|
Sale
|
12,475
|
3.5972 GBP
|
|
10p
ordinary
|
Sale
|
10,202
|
3.6337 GBP
|
|
10p
ordinary
|
Sale
|
10,103
|
3.6057 GBP
|
|
10p
ordinary
|
Sale
|
8,806
|
3.5863 GBP
|
|
10p
ordinary
|
Sale
|
8,073
|
3.6240 GBP
|
|
10p
ordinary
|
Sale
|
7,931
|
3.6083 GBP
|
|
10p
ordinary
|
Sale
|
7,802
|
3.6380 GBP
|
|
10p
ordinary
|
Sale
|
7,423
|
3.5900 GBP
|
|
10p
ordinary
|
Sale
|
7,227
|
3.6217 GBP
|
|
10p
ordinary
|
Sale
|
7,091
|
3.6080 GBP
|
|
10p
ordinary
|
Sale
|
7,088
|
3.6104 GBP
|
|
10p
ordinary
|
Sale
|
6,519
|
3.6069 GBP
|
|
10p
ordinary
|
Sale
|
6,397
|
3.6015 GBP
|
|
10p
ordinary
|
Sale
|
5,836
|
3.6133 GBP
|
|
10p
ordinary
|
Sale
|
5,005
|
3.6000 GBP
|
|
10p
ordinary
|
Sale
|
4,715
|
3.6060 GBP
|
|
10p
ordinary
|
Sale
|
4,204
|
3.6280 GBP
|
|
10p
ordinary
|
Sale
|
3,966
|
3.6073 GBP
|
|
10p
ordinary
|
Sale
|
3,347
|
3.6263 GBP
|
|
10p
ordinary
|
Sale
|
3,275
|
3.5920 GBP
|
|
10p
ordinary
|
Sale
|
3,216
|
3.5891 GBP
|
|
10p
ordinary
|
Sale
|
2,980
|
3.5998 GBP
|
|
10p
ordinary
|
Sale
|
2,792
|
3.6366 GBP
|
|
10p
ordinary
|
Sale
|
2,462
|
3.6125 GBP
|
|
10p
ordinary
|
Sale
|
2,437
|
3.5904 GBP
|
|
10p
ordinary
|
Sale
|
2,426
|
3.6061 GBP
|
|
10p
ordinary
|
Sale
|
2,302
|
3.5974 GBP
|
|
10p
ordinary
|
Sale
|
2,031
|
3.6007 GBP
|
|
10p
ordinary
|
Sale
|
1,872
|
3.6082 GBP
|
|
10p
ordinary
|
Sale
|
1,860
|
3.6178 GBP
|
|
10p
ordinary
|
Sale
|
1,678
|
3.5780 GBP
|
|
10p
ordinary
|
Sale
|
1,597
|
3.5927 GBP
|
|
10p
ordinary
|
Sale
|
1,552
|
3.5800 GBP
|
|
10p
ordinary
|
Sale
|
1,449
|
3.5980 GBP
|
|
10p
ordinary
|
Sale
|
1,403
|
3.6340 GBP
|
|
10p
ordinary
|
Sale
|
1,285
|
3.6140 GBP
|
|
10p
ordinary
|
Sale
|
943
|
3.6320 GBP
|
|
10p
ordinary
|
Sale
|
919
|
3.5910 GBP
|
|
10p
ordinary
|
Sale
|
538
|
3.6020 GBP
|
|
10p
ordinary
|
Sale
|
95
|
3.6029 GBP
|
|
10p
ordinary
|
Sale
|
62
|
3.6200 GBP
|
|
10p
ordinary
|
Sale
|
57
|
3.6299 GBP
|
|
10p
ordinary
|
Sale
|
12
|
3.6238 GBP
|
|
10p
ordinary
|
Sale
|
2
|
3.6260 GBP
|
|
10p
ordinary
|
Sale
|
100
|
3.6279 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 Short
|
12
|
3.6238 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
57
|
3.6299 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
62
|
3.6199 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
168
|
3.5900 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
282
|
3.6336 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,462
|
3.6125 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,980
|
3.5998 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
5,993
|
3.6235 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
10,480
|
3.6300 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
34,618
|
3.6127 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
37,942
|
3.6283 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
58,309
|
3.6031 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
76,819
|
3.5959 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
143,515
|
3.6151 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
2,437
|
3.5904 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
54
|
3.6300 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
454
|
3.6100 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,724
|
3.6011 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,972
|
3.6060 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
10,810
|
3.6300 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
10,859
|
3.6090 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
24,188
|
3.6074 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
36,296
|
3.6102 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
51,463
|
3.6296 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
55,559
|
3.6130 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
70,000
|
3.6050 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
121,103
|
3.6151 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
170,620
|
3.6298 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
244,612
|
3.6300 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
327,091
|
3.6089 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
328,768
|
3.6191 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
60,802
|
3.6131 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:
|
13 May 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|