|
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:
|
23
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:
|
|
|
27,451,733
|
1.99%
|
19,404,498
|
1.41%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
8,422,572
|
0.61%
|
26,171,450
|
1.90%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
35,874,305
|
2.60%
|
45,575,948
|
3.30%
|
|
(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
|
547,632
|
3.7725 GBP
|
|
10p
ordinary
|
Purchase
|
508,565
|
3.7640 GBP
|
|
10p
ordinary
|
Purchase
|
365,063
|
3.7754 GBP
|
|
10p
ordinary
|
Purchase
|
242,900
|
3.7784 GBP
|
|
10p
ordinary
|
Purchase
|
226,583
|
3.7750 GBP
|
|
10p
ordinary
|
Purchase
|
203,107
|
3.7818 GBP
|
|
10p
ordinary
|
Purchase
|
178,788
|
3.7766 GBP
|
|
10p
ordinary
|
Purchase
|
177,692
|
3.7660 GBP
|
|
10p
ordinary
|
Purchase
|
168,774
|
3.7762 GBP
|
|
10p
ordinary
|
Purchase
|
153,666
|
3.7817 GBP
|
|
10p
ordinary
|
Purchase
|
111,974
|
3.7699 GBP
|
|
10p
ordinary
|
Purchase
|
68,494
|
3.7924 GBP
|
|
10p
ordinary
|
Purchase
|
42,783
|
3.7862 GBP
|
|
10p
ordinary
|
Purchase
|
30,061
|
3.8006 GBP
|
|
10p
ordinary
|
Purchase
|
28,910
|
3.7803 GBP
|
|
10p
ordinary
|
Purchase
|
27,366
|
3.7770 GBP
|
|
10p
ordinary
|
Purchase
|
25,611
|
3.7824 GBP
|
|
10p
ordinary
|
Purchase
|
25,611
|
3.7822 GBP
|
|
10p
ordinary
|
Purchase
|
22,237
|
3.7769 GBP
|
|
10p
ordinary
|
Purchase
|
20,650
|
3.7804 GBP
|
|
10p
ordinary
|
Purchase
|
18,728
|
3.7800 GBP
|
|
10p
ordinary
|
Purchase
|
17,713
|
3.7953 GBP
|
|
10p
ordinary
|
Purchase
|
16,128
|
3.7765 GBP
|
|
10p
ordinary
|
Purchase
|
15,053
|
3.7899 GBP
|
|
10p
ordinary
|
Purchase
|
13,089
|
3.7700 GBP
|
|
10p
ordinary
|
Purchase
|
12,010
|
3.7690 GBP
|
|
10p
ordinary
|
Purchase
|
11,952
|
3.7860 GBP
|
|
10p
ordinary
|
Purchase
|
11,869
|
3.7794 GBP
|
|
10p
ordinary
|
Purchase
|
11,853
|
3.7788 GBP
|
|
10p
ordinary
|
Purchase
|
11,675
|
3.8018 GBP
|
|
10p
ordinary
|
Purchase
|
11,489
|
3.8000 GBP
|
|
10p
ordinary
|
Purchase
|
10,236
|
3.7820 GBP
|
|
10p
ordinary
|
Purchase
|
10,054
|
3.7780 GBP
|
|
10p
ordinary
|
Purchase
|
9,454
|
3.7740 GBP
|
|
10p
ordinary
|
Purchase
|
8,752
|
3.7758 GBP
|
|
10p
ordinary
|
Purchase
|
6,791
|
3.7854 GBP
|
|
10p
ordinary
|
Purchase
|
6,742
|
3.7723 GBP
|
|
10p
ordinary
|
Purchase
|
6,318
|
3.7783 GBP
|
|
10p
ordinary
|
Purchase
|
5,219
|
3.7814 GBP
|
|
10p
ordinary
|
Purchase
|
5,125
|
3.7747 GBP
|
|
10p
ordinary
|
Purchase
|
3,291
|
3.7948 GBP
|
|
10p
ordinary
|
Purchase
|
3,179
|
3.7811 GBP
|
|
10p
ordinary
|
Purchase
|
2,820
|
3.7749 GBP
|
|
10p
ordinary
|
Purchase
|
2,737
|
3.7760 GBP
|
|
10p
ordinary
|
Purchase
|
2,480
|
3.7812 GBP
|
|
10p
ordinary
|
Purchase
|
2,358
|
3.7613 GBP
|
|
10p
ordinary
|
Purchase
|
2,274
|
3.7810 GBP
|
|
10p
ordinary
|
Purchase
|
2,189
|
3.7901 GBP
|
|
10p
ordinary
|
Purchase
|
2,147
|
3.7680 GBP
|
|
10p
ordinary
|
Purchase
|
1,932
|
3.7960 GBP
|
|
10p
ordinary
|
Purchase
|
1,895
|
3.7720 GBP
|
|
10p
ordinary
|
Purchase
|
1,573
|
3.7746 GBP
|
|
10p
ordinary
|
Purchase
|
1,285
|
3.7980 GBP
|
|
10p
ordinary
|
Purchase
|
984
|
3.7990 GBP
|
|
10p
ordinary
|
Purchase
|
871
|
3.7790 GBP
|
|
10p
ordinary
|
Purchase
|
749
|
3.7807 GBP
|
|
10p
ordinary
|
Purchase
|
86
|
3.7813 GBP
|
|
10p
ordinary
|
Purchase
|
30
|
3.7801 GBP
|
|
10p
ordinary
|
Sale
|
504,695
|
3.7860 GBP
|
|
10p
ordinary
|
Sale
|
484,545
|
3.7777 GBP
|
|
10p
ordinary
|
Sale
|
382,012
|
3.7686 GBP
|
|
10p
ordinary
|
Sale
|
214,317
|
3.7769 GBP
|
|
10p
ordinary
|
Sale
|
155,164
|
3.7640 GBP
|
|
10p
ordinary
|
Sale
|
131,672
|
3.7757 GBP
|
|
10p
ordinary
|
Sale
|
108,178
|
3.7641 GBP
|
|
10p
ordinary
|
Sale
|
105,127
|
3.7714 GBP
|
|
10p
ordinary
|
Sale
|
102,755
|
3.7660 GBP
|
|
10p
ordinary
|
Sale
|
80,790
|
3.7762 GBP
|
|
10p
ordinary
|
Sale
|
68,856
|
3.7800 GBP
|
|
10p
ordinary
|
Sale
|
52,555
|
3.7688 GBP
|
|
10p
ordinary
|
Sale
|
51,201
|
3.7754 GBP
|
|
10p
ordinary
|
Sale
|
39,643
|
3.7780 GBP
|
|
10p
ordinary
|
Sale
|
34,045
|
3.7758 GBP
|
|
10p
ordinary
|
Sale
|
27,915
|
3.7763 GBP
|
|
10p
ordinary
|
Sale
|
25,238
|
3.7773 GBP
|
|
10p
ordinary
|
Sale
|
23,483
|
3.7755 GBP
|
|
10p
ordinary
|
Sale
|
22,397
|
3.7793 GBP
|
|
10p
ordinary
|
Sale
|
22,383
|
3.7740 GBP
|
|
10p
ordinary
|
Sale
|
19,682
|
3.7798 GBP
|
|
10p
ordinary
|
Sale
|
17,687
|
3.7795 GBP
|
|
10p
ordinary
|
Sale
|
17,562
|
3.7807 GBP
|
|
10p
ordinary
|
Sale
|
17,450
|
3.7682 GBP
|
|
10p
ordinary
|
Sale
|
17,225
|
3.7742 GBP
|
|
10p
ordinary
|
Sale
|
15,288
|
3.7746 GBP
|
|
10p
ordinary
|
Sale
|
13,435
|
3.7778 GBP
|
|
10p
ordinary
|
Sale
|
13,089
|
3.7700 GBP
|
|
10p
ordinary
|
Sale
|
12,834
|
3.7701 GBP
|
|
10p
ordinary
|
Sale
|
12,622
|
3.7723 GBP
|
|
10p
ordinary
|
Sale
|
9,339
|
3.8000 GBP
|
|
10p
ordinary
|
Sale
|
8,625
|
3.7729 GBP
|
|
10p
ordinary
|
Sale
|
6,861
|
3.7912 GBP
|
|
10p
ordinary
|
Sale
|
6,755
|
3.7771 GBP
|
|
10p
ordinary
|
Sale
|
6,696
|
3.7721 GBP
|
|
10p
ordinary
|
Sale
|
6,318
|
3.7787 GBP
|
|
10p
ordinary
|
Sale
|
6,161
|
3.7781 GBP
|
|
10p
ordinary
|
Sale
|
5,814
|
3.8028 GBP
|
|
10p
ordinary
|
Sale
|
5,756
|
3.7820 GBP
|
|
10p
ordinary
|
Sale
|
4,552
|
3.7741 GBP
|
|
10p
ordinary
|
Sale
|
3,578
|
3.7680 GBP
|
|
10p
ordinary
|
Sale
|
3,311
|
3.7760 GBP
|
|
10p
ordinary
|
Sale
|
3,027
|
3.7718 GBP
|
|
10p
ordinary
|
Sale
|
2,274
|
3.7810 GBP
|
|
10p
ordinary
|
Sale
|
2,089
|
3.7770 GBP
|
|
10p
ordinary
|
Sale
|
2,010
|
3.7699 GBP
|
|
10p
ordinary
|
Sale
|
1,959
|
3.7702 GBP
|
|
10p
ordinary
|
Sale
|
1,932
|
3.7960 GBP
|
|
10p
ordinary
|
Sale
|
1,895
|
3.7720 GBP
|
|
10p
ordinary
|
Sale
|
1,683
|
3.7832 GBP
|
|
10p
ordinary
|
Sale
|
1,570
|
3.7750 GBP
|
|
10p
ordinary
|
Sale
|
1,398
|
3.7862 GBP
|
|
10p
ordinary
|
Sale
|
1,285
|
3.7980 GBP
|
|
10p
ordinary
|
Sale
|
1,194
|
3.7788 GBP
|
|
10p
ordinary
|
Sale
|
984
|
3.7990 GBP
|
|
10p
ordinary
|
Sale
|
871
|
3.7790 GBP
|
|
10p
ordinary
|
Sale
|
625
|
3.7846 GBP
|
|
10p
ordinary
|
Sale
|
364
|
3.7890 GBP
|
|
10p
ordinary
|
Sale
|
313
|
3.7823 GBP
|
|
10p
ordinary
|
Sale
|
248
|
3.7613 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
|
30
|
3.7801 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
86
|
3.7814 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
244
|
3.7760 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
749
|
3.7807 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
937
|
3.7828 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
3,179
|
3.7811 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
11,348
|
3.7803 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
20,650
|
3.7804 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
28,938
|
3.7640 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
90
|
3.8000 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
266
|
3.7660 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
328
|
3.7739 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
625
|
3.7846 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,194
|
3.7788 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
37,588
|
3.7665 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
54,897
|
3.7676 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
122,255
|
3.7655 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
125,954
|
3.7639 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
214,317
|
3.7769 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
484,545
|
3.7777 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
12,929
|
3.7740 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
131
|
3.7639 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
328
|
3.7739 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,573
|
3.7746 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,189
|
3.7901 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,480
|
3.7812 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,820
|
3.7749 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,125
|
3.7747 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,219
|
3.7814 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,676
|
3.7640 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
8,506
|
3.8000 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
9,668
|
3.7790 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
11,853
|
3.7788 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
12,970
|
3.7736 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
19,037
|
3.7640 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
31,020
|
3.7643 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
120,427
|
3.7640 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
125,409
|
3.7752 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
178,788
|
3.7766 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
226,583
|
3.7750 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
406,507
|
3.7733 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:
|
24 May 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|
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|
|
|