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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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26
Jul 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 CO
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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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33,472,036
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2.43%
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32,714,900
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2.37%
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(2)
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Cash-settled derivatives:
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|
|
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and/or controlled:
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12,221,356
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0.89%
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33,051,762
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2.40%
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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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45,693,392
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3.31%
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65,766,662
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4.77%
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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
|
544,149
|
4.5640 GBP
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|
10p
ordinary
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Purchase
|
445,275
|
4.5619 GBP
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|
10p
ordinary
|
Purchase
|
84,098
|
4.5639 GBP
|
|
10p
ordinary
|
Purchase
|
78,053
|
4.5548 GBP
|
|
10p
ordinary
|
Purchase
|
55,675
|
4.5601 GBP
|
|
10p
ordinary
|
Purchase
|
49,623
|
4.5757 GBP
|
|
10p
ordinary
|
Purchase
|
35,312
|
4.5758 GBP
|
|
10p
ordinary
|
Purchase
|
21,274
|
4.5777 GBP
|
|
10p
ordinary
|
Purchase
|
19,399
|
4.4971 GBP
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|
10p
ordinary
|
Purchase
|
17,043
|
4.5720 GBP
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|
10p
ordinary
|
Purchase
|
15,536
|
4.5434 GBP
|
|
10p
ordinary
|
Purchase
|
9,456
|
4.6119 GBP
|
|
10p
ordinary
|
Purchase
|
7,090
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4.5628 GBP
|
|
10p
ordinary
|
Purchase
|
6,284
|
4.5787 GBP
|
|
10p
ordinary
|
Purchase
|
6,051
|
4.5743 GBP
|
|
10p
ordinary
|
Purchase
|
5,843
|
4.5234 GBP
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|
10p
ordinary
|
Purchase
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3,604
|
4.5575 GBP
|
|
10p
ordinary
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Purchase
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3,576
|
4.5147 GBP
|
|
10p
ordinary
|
Purchase
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2,716
|
4.4978 GBP
|
|
10p
ordinary
|
Purchase
|
1,907
|
4.5435 GBP
|
|
10p
ordinary
|
Purchase
|
1,819
|
4.5657 GBP
|
|
10p
ordinary
|
Purchase
|
1,715
|
4.5670 GBP
|
|
10p
ordinary
|
Purchase
|
1,615
|
4.6321 GBP
|
|
10p
ordinary
|
Purchase
|
1,390
|
4.5888 GBP
|
|
10p
ordinary
|
Purchase
|
1,318
|
4.6085 GBP
|
|
10p
ordinary
|
Purchase
|
1,294
|
4.6123 GBP
|
|
10p
ordinary
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Purchase
|
1,165
|
4.5380 GBP
|
|
10p
ordinary
|
Purchase
|
1,154
|
4.5600 GBP
|
|
10p
ordinary
|
Purchase
|
1,135
|
4.5660 GBP
|
|
10p
ordinary
|
Purchase
|
1,070
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4.4980 GBP
|
|
10p
ordinary
|
Purchase
|
900
|
4.5960 GBP
|
|
10p
ordinary
|
Purchase
|
900
|
4.5958 GBP
|
|
10p
ordinary
|
Purchase
|
701
|
4.5120 GBP
|
|
10p
ordinary
|
Purchase
|
679
|
4.5880 GBP
|
|
10p
ordinary
|
Purchase
|
374
|
4.5607 GBP
|
|
10p
ordinary
|
Purchase
|
181
|
4.6320 GBP
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|
10p
ordinary
|
Purchase
|
177
|
4.6120 GBP
|
|
10p
ordinary
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Sale
|
4,586,221
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4.5020 GBP
|
|
10p
ordinary
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Sale
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404,670
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4.5640 GBP
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|
10p
ordinary
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Sale
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315,664
|
4.5684 GBP
|
|
10p
ordinary
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Sale
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84,520
|
4.5638 GBP
|
|
10p
ordinary
|
Sale
|
65,892
|
4.5612 GBP
|
|
10p
ordinary
|
Sale
|
62,516
|
4.5831 GBP
|
|
10p
ordinary
|
Sale
|
51,542
|
4.5947 GBP
|
|
10p
ordinary
|
Sale
|
50,886
|
4.5987 GBP
|
|
10p
ordinary
|
Sale
|
38,148
|
4.6302 GBP
|
|
10p
ordinary
|
Sale
|
35,312
|
4.5758 GBP
|
|
10p
ordinary
|
Sale
|
19,083
|
4.5665 GBP
|
|
10p
ordinary
|
Sale
|
17,805
|
4.5675 GBP
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|
10p
ordinary
|
Sale
|
17,374
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4.6091 GBP
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|
10p
ordinary
|
Sale
|
13,237
|
4.5769 GBP
|
|
10p
ordinary
|
Sale
|
7,301
|
4.5980 GBP
|
|
10p
ordinary
|
Sale
|
6,986
|
4.5804 GBP
|
|
10p
ordinary
|
Sale
|
6,376
|
4.6035 GBP
|
|
10p
ordinary
|
Sale
|
6,284
|
4.5787 GBP
|
|
10p
ordinary
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Sale
|
5,007
|
4.5789 GBP
|
|
10p
ordinary
|
Sale
|
3,636
|
4.5435 GBP
|
|
10p
ordinary
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Sale
|
3,604
|
4.5575 GBP
|
|
10p
ordinary
|
Sale
|
3,557
|
4.6098 GBP
|
|
10p
ordinary
|
Sale
|
3,033
|
4.5850 GBP
|
|
10p
ordinary
|
Sale
|
2,555
|
4.5060 GBP
|
|
10p
ordinary
|
Sale
|
2,495
|
4.6129 GBP
|
|
10p
ordinary
|
Sale
|
2,377
|
4.5332 GBP
|
|
10p
ordinary
|
Sale
|
2,317
|
4.6113 GBP
|
|
10p
ordinary
|
Sale
|
2,280
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4.5467 GBP
|
|
10p
ordinary
|
Sale
|
1,509
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4.5366 GBP
|
|
10p
ordinary
|
Sale
|
1,390
|
4.5888 GBP
|
|
10p
ordinary
|
Sale
|
1,165
|
4.5380 GBP
|
|
10p
ordinary
|
Sale
|
1,070
|
4.4980 GBP
|
|
10p
ordinary
|
Sale
|
900
|
4.5960 GBP
|
|
10p
ordinary
|
Sale
|
705
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4.5090 GBP
|
|
10p
ordinary
|
Sale
|
699
|
4.5107 GBP
|
|
10p
ordinary
|
Sale
|
336
|
4.6300 GBP
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|
10p
ordinary
|
Sale
|
10
|
4.6320 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
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|
security
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securities
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10p
ordinary
|
CFD
|
Decreasing Short
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1,070
|
4.4980 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
191,750
|
4.5639 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
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20,620
|
4.6056 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
9,799
|
4.4902 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
82
|
4.5639 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
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207,407
|
4.5640 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
50,000
|
4.5761 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
646
|
4.5882 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
648
|
4.5515 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,400
|
4.5628 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
300,874
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4.5671 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
5,705
|
4.5472 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Short
|
309,138
|
4.5640 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
4,586,221
|
4.5020 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
19,083
|
4.5665 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,587
|
4.6321 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
28
|
4.6321 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,377
|
4.5332 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,509
|
4.5366 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
62,516
|
4.5831 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,482
|
4.5885 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
34,444
|
4.5943 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,576
|
4.5147 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
78,053
|
4.5548 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
55,675
|
4.5601 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
113,443
|
4.5633 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
35,403
|
4.5649 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,003
|
4.5775 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
38,148
|
4.6302 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
2,288
|
4.4977 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
428
|
4.4980 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
15,536
|
4.5434 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,007
|
4.5789 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
50,886
|
4.5987 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
31,357
|
4.6035 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,843
|
4.5234 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,323
|
4.5519 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
74,216
|
4.5640 GBP
|
|
|
|
|
|
|
|
|
|
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(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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(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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(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:
|
29 Jul 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
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