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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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27
Sep 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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33,610,080
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2.43%
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30,680,776
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2.22%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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11,130,007
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0.81%
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32,069,057
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2.32%
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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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44,740,087
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3.24%
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62,749,833
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4.55%
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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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632,684
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4.6360 GBP
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10p
ordinary
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Purchase
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61,068
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4.6203 GBP
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10p
ordinary
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Purchase
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44,116
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4.6180 GBP
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|
10p
ordinary
|
Purchase
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41,542
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4.6181 GBP
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|
10p
ordinary
|
Purchase
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38,708
|
4.6351 GBP
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|
10p
ordinary
|
Purchase
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37,923
|
4.6353 GBP
|
|
10p
ordinary
|
Purchase
|
34,120
|
4.6213 GBP
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|
10p
ordinary
|
Purchase
|
26,051
|
4.6345 GBP
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|
10p
ordinary
|
Purchase
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16,774
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4.6169 GBP
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|
10p
ordinary
|
Purchase
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13,146
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4.6216 GBP
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|
10p
ordinary
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Purchase
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9,876
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4.6350 GBP
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|
10p
ordinary
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Purchase
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8,340
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4.6105 GBP
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|
10p
ordinary
|
Purchase
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7,229
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4.6167 GBP
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|
10p
ordinary
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Purchase
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6,642
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4.6183 GBP
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|
10p
ordinary
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Purchase
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4,342
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4.6248 GBP
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|
10p
ordinary
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Purchase
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4,305
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4.6260 GBP
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10p
ordinary
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Purchase
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3,136
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4.6200 GBP
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|
10p
ordinary
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Purchase
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2,896
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4.6211 GBP
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10p
ordinary
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Purchase
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2,776
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4.6310 GBP
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10p
ordinary
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Purchase
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2,659
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4.6151 GBP
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|
10p
ordinary
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Purchase
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2,258
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4.6371 GBP
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|
10p
ordinary
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Purchase
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2,178
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4.6171 GBP
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|
10p
ordinary
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Purchase
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2,112
|
4.6190 GBP
|
|
10p
ordinary
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Purchase
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1,949
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4.6228 GBP
|
|
10p
ordinary
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Purchase
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1,632
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4.5900 GBP
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|
10p
ordinary
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Purchase
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1,420
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4.6174 GBP
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|
10p
ordinary
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Purchase
|
606
|
4.6380 GBP
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|
10p
ordinary
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Purchase
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459
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4.6060 GBP
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|
10p
ordinary
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Purchase
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236
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4.6188 GBP
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|
10p
ordinary
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Purchase
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170
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4.6297 GBP
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|
10p
ordinary
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Purchase
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60
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4.6075 GBP
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10p
ordinary
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Purchase
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42
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4.6161 GBP
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10p
ordinary
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Purchase
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3
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4.6250 GBP
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10p
ordinary
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Purchase
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1
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4.6080 GBP
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10p
ordinary
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Sale
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4,091,913
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4.5900 GBP
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10p
ordinary
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Sale
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429,392
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4.6360 GBP
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10p
ordinary
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Sale
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115,286
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4.6171 GBP
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|
10p
ordinary
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Sale
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44,752
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4.6159 GBP
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|
10p
ordinary
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Sale
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24,525
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4.6182 GBP
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|
10p
ordinary
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Sale
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19,689
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4.6355 GBP
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|
10p
ordinary
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Sale
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19,606
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4.6186 GBP
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|
10p
ordinary
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Sale
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18,340
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4.6369 GBP
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|
10p
ordinary
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Sale
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15,176
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4.6121 GBP
|
|
10p
ordinary
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Sale
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14,833
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4.6207 GBP
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|
10p
ordinary
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Sale
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13,551
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4.6342 GBP
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|
10p
ordinary
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Sale
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10,388
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4.6265 GBP
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|
10p
ordinary
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Sale
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8,553
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4.6311 GBP
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|
10p
ordinary
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Sale
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8,145
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4.6200 GBP
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|
10p
ordinary
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Sale
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8,143
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4.6180 GBP
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|
10p
ordinary
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Sale
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7,071
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4.6384 GBP
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|
10p
ordinary
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Sale
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6,929
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4.6321 GBP
|
|
10p
ordinary
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Sale
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6,642
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4.6183 GBP
|
|
10p
ordinary
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Sale
|
6,248
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4.6147 GBP
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|
10p
ordinary
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Sale
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5,976
|
4.6404 GBP
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|
10p
ordinary
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Sale
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4,986
|
4.6395 GBP
|
|
10p
ordinary
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Sale
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3,860
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4.6185 GBP
|
|
10p
ordinary
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Sale
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3,705
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4.6162 GBP
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|
10p
ordinary
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Sale
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2,994
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4.6129 GBP
|
|
10p
ordinary
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Sale
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2,351
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4.6280 GBP
|
|
10p
ordinary
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Sale
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1,671
|
4.6190 GBP
|
|
10p
ordinary
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Sale
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1,462
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4.6040 GBP
|
|
10p
ordinary
|
Sale
|
1,398
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4.6174 GBP
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|
10p
ordinary
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Sale
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1,387
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4.6380 GBP
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|
10p
ordinary
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Sale
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1,250
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4.6120 GBP
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|
10p
ordinary
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Sale
|
919
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4.6099 GBP
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|
10p
ordinary
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Sale
|
829
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4.6160 GBP
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|
10p
ordinary
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Sale
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736
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4.6260 GBP
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|
10p
ordinary
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Sale
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459
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4.6060 GBP
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|
10p
ordinary
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Sale
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277
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4.6396 GBP
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|
10p
ordinary
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Sale
|
244
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4.6192 GBP
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10p
ordinary
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Sale
|
240
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4.6410 GBP
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10p
ordinary
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Sale
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60
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4.6080 GBP
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|
10p
ordinary
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Sale
|
42
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4.6165 GBP
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10p
ordinary
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Sale
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4
|
4.6212 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
|
517
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4.5900 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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15,176
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4.6121 GBP
|
|
10p
ordinary
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SWAP
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Decreasing Short
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1,671
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4.6190 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
|
134
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4.6260 GBP
|
|
10p
ordinary
|
SWAP
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Decreasing Short
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86,415
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4.6279 GBP
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|
10p
ordinary
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SWAP
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Decreasing Short
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2,351
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4.6280 GBP
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|
10p
ordinary
|
SWAP
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Decreasing Short
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167,530
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4.6320 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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15,365
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4.6350 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
810
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4.6352 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
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7,564
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4.6353 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
35,973
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4.6180 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
417
|
4.6200 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
61,068
|
4.6204 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,896
|
4.6211 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
34,120
|
4.6213 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
22,201
|
4.6242 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
13,763
|
4.6249 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
84,160
|
4.6358 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
99,558
|
4.6360 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,747
|
4.6368 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,632
|
4.5900 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
978
|
4.6148 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1
|
4.6200 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
14
|
4.6357 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
23,469
|
4.6243 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
170
|
4.6297 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
14
|
4.6357 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
118,307
|
4.6359 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
|
Exercise
|
Type
|
Expiry
|
Option
|
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
|
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
|
security
|
|
varying etc
|
to which
|
|
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|
received
|
|
|
|
|
option
|
|
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|
per unit
|
|
|
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|
relates
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|
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|
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|
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|
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(ii)
|
Exercising
|
|
|
|
|
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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)
|
|
|
|
|
|
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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 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:
|
30 Sep 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
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