|
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:
|
29
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
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|
|
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:
|
|
|
31,472,540
|
2.28%
|
18,991,150
|
1.38%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
8,004,809
|
0.58%
|
30,177,030
|
2.19%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
39,477,349
|
2.86%
|
49,168,180
|
3.56%
|
|
(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
|
104,393
|
3.6990 GBP
|
|
10p
ordinary
|
Purchase
|
92,278
|
3.6986 GBP
|
|
10p
ordinary
|
Purchase
|
85,510
|
3.6980 GBP
|
|
10p
ordinary
|
Purchase
|
84,934
|
3.6994 GBP
|
|
10p
ordinary
|
Purchase
|
24,128
|
3.6968 GBP
|
|
10p
ordinary
|
Purchase
|
16,081
|
3.7064 GBP
|
|
10p
ordinary
|
Purchase
|
15,647
|
3.6995 GBP
|
|
10p
ordinary
|
Purchase
|
15,339
|
3.7059 GBP
|
|
10p
ordinary
|
Purchase
|
12,177
|
3.6985 GBP
|
|
10p
ordinary
|
Purchase
|
11,701
|
3.7025 GBP
|
|
10p
ordinary
|
Purchase
|
10,998
|
3.7052 GBP
|
|
10p
ordinary
|
Purchase
|
10,926
|
3.7058 GBP
|
|
10p
ordinary
|
Purchase
|
9,350
|
3.7015 GBP
|
|
10p
ordinary
|
Purchase
|
8,501
|
3.7002 GBP
|
|
10p
ordinary
|
Purchase
|
7,814
|
3.6949 GBP
|
|
10p
ordinary
|
Purchase
|
6,758
|
3.7038 GBP
|
|
10p
ordinary
|
Purchase
|
6,377
|
3.6963 GBP
|
|
10p
ordinary
|
Purchase
|
4,121
|
3.6956 GBP
|
|
10p
ordinary
|
Purchase
|
3,286
|
3.7042 GBP
|
|
10p
ordinary
|
Purchase
|
3,214
|
3.6998 GBP
|
|
10p
ordinary
|
Purchase
|
3,187
|
3.7000 GBP
|
|
10p
ordinary
|
Purchase
|
3,101
|
3.6964 GBP
|
|
10p
ordinary
|
Purchase
|
2,932
|
3.6962 GBP
|
|
10p
ordinary
|
Purchase
|
2,533
|
3.7100 GBP
|
|
10p
ordinary
|
Purchase
|
2,055
|
3.6960 GBP
|
|
10p
ordinary
|
Purchase
|
1,755
|
3.7089 GBP
|
|
10p
ordinary
|
Purchase
|
1,472
|
3.7120 GBP
|
|
10p
ordinary
|
Purchase
|
1,238
|
3.7167 GBP
|
|
10p
ordinary
|
Purchase
|
1,090
|
3.7200 GBP
|
|
10p
ordinary
|
Purchase
|
856
|
3.7160 GBP
|
|
10p
ordinary
|
Purchase
|
798
|
3.6920 GBP
|
|
10p
ordinary
|
Purchase
|
766
|
3.7080 GBP
|
|
10p
ordinary
|
Purchase
|
485
|
3.7140 GBP
|
|
10p
ordinary
|
Purchase
|
394
|
3.7040 GBP
|
|
10p
ordinary
|
Purchase
|
174
|
3.6941 GBP
|
|
10p
ordinary
|
Purchase
|
44
|
3.6876 GBP
|
|
10p
ordinary
|
Purchase
|
34
|
3.6969 GBP
|
|
10p
ordinary
|
Purchase
|
3
|
3.7110 GBP
|
|
10p
ordinary
|
Sale
|
400,000
|
3.7249 GBP
|
|
10p
ordinary
|
Sale
|
235,211
|
3.6987 GBP
|
|
10p
ordinary
|
Sale
|
140,406
|
3.7035 GBP
|
|
10p
ordinary
|
Sale
|
138,734
|
3.6981 GBP
|
|
10p
ordinary
|
Sale
|
55,437
|
3.7019 GBP
|
|
10p
ordinary
|
Sale
|
48,124
|
3.7031 GBP
|
|
10p
ordinary
|
Sale
|
47,861
|
3.7009 GBP
|
|
10p
ordinary
|
Sale
|
40,347
|
3.6956 GBP
|
|
10p
ordinary
|
Sale
|
30,338
|
3.6974 GBP
|
|
10p
ordinary
|
Sale
|
28,906
|
3.6980 GBP
|
|
10p
ordinary
|
Sale
|
18,818
|
3.7007 GBP
|
|
10p
ordinary
|
Sale
|
16,081
|
3.7068 GBP
|
|
10p
ordinary
|
Sale
|
15,647
|
3.6995 GBP
|
|
10p
ordinary
|
Sale
|
12,201
|
3.7000 GBP
|
|
10p
ordinary
|
Sale
|
10,998
|
3.7056 GBP
|
|
10p
ordinary
|
Sale
|
10,926
|
3.7062 GBP
|
|
10p
ordinary
|
Sale
|
10,244
|
3.7046 GBP
|
|
10p
ordinary
|
Sale
|
9,567
|
3.6938 GBP
|
|
10p
ordinary
|
Sale
|
6,782
|
3.7085 GBP
|
|
10p
ordinary
|
Sale
|
6,682
|
3.7003 GBP
|
|
10p
ordinary
|
Sale
|
6,608
|
3.7071 GBP
|
|
10p
ordinary
|
Sale
|
6,459
|
3.6989 GBP
|
|
10p
ordinary
|
Sale
|
6,411
|
3.7011 GBP
|
|
10p
ordinary
|
Sale
|
5,553
|
3.6963 GBP
|
|
10p
ordinary
|
Sale
|
4,767
|
3.7018 GBP
|
|
10p
ordinary
|
Sale
|
4,718
|
3.6988 GBP
|
|
10p
ordinary
|
Sale
|
4,121
|
3.6959 GBP
|
|
10p
ordinary
|
Sale
|
3,730
|
3.6962 GBP
|
|
10p
ordinary
|
Sale
|
2,663
|
3.6915 GBP
|
|
10p
ordinary
|
Sale
|
2,474
|
3.6990 GBP
|
|
10p
ordinary
|
Sale
|
2,463
|
3.6928 GBP
|
|
10p
ordinary
|
Sale
|
2,147
|
3.6917 GBP
|
|
10p
ordinary
|
Sale
|
1,702
|
3.7047 GBP
|
|
10p
ordinary
|
Sale
|
1,631
|
3.6960 GBP
|
|
10p
ordinary
|
Sale
|
1,515
|
3.7130 GBP
|
|
10p
ordinary
|
Sale
|
1,431
|
3.6940 GBP
|
|
10p
ordinary
|
Sale
|
1,196
|
3.7112 GBP
|
|
10p
ordinary
|
Sale
|
1,090
|
3.7200 GBP
|
|
10p
ordinary
|
Sale
|
944
|
3.6970 GBP
|
|
10p
ordinary
|
Sale
|
856
|
3.7160 GBP
|
|
10p
ordinary
|
Sale
|
824
|
3.6900 GBP
|
|
10p
ordinary
|
Sale
|
798
|
3.6920 GBP
|
|
10p
ordinary
|
Sale
|
766
|
3.7080 GBP
|
|
10p
ordinary
|
Sale
|
413
|
3.7140 GBP
|
|
10p
ordinary
|
Sale
|
394
|
3.7040 GBP
|
|
10p
ordinary
|
Sale
|
33
|
3.6969 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
|
Closing
Long
|
30
|
3.6941 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Long
|
209
|
3.7167 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Long
|
232
|
3.7014 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Long
|
555
|
3.7042 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Long
|
1,077
|
3.6963 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Long
|
2,390
|
3.6980 GBP
|
|
10p
ordinary
|
SWAP
|
Closing
Long
|
2,593
|
3.7059 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
144
|
3.6941 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,029
|
3.7167 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,139
|
3.7014 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
2,533
|
3.7100 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
2,731
|
3.7042 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
5,300
|
3.6963 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
8,501
|
3.7002 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
12,746
|
3.7059 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
12,953
|
3.6980 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
24
|
3.6958 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
175
|
3.6960 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
289
|
3.6959 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
314
|
3.6940 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
428
|
3.7136 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
564
|
3.6980 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
643
|
3.7036 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
1,332
|
3.7014 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,463
|
3.6928 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
3,374
|
3.6995 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,553
|
3.6963 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
14,859
|
3.6935 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
41,051
|
3.6993 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
44,797
|
3.7032 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
77,137
|
3.6981 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
79,656
|
3.7009 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
80,885
|
3.6980 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
140,406
|
3.7035 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
40,347
|
3.6956 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
24
|
3.6958 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
175
|
3.6960 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
289
|
3.6959 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
424
|
3.6960 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
564
|
3.6980 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
1,472
|
3.7119 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,488
|
3.7009 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,754
|
3.6980 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
7,814
|
3.6949 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
15,647
|
3.6995 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
75,378
|
3.6985 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
13,356
|
3.6987 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:
|
30 May 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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