FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
|
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
|
|
relevant securities this form relates:
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(d)
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If
an exempt fund manager connected with an
|
|
|
offeror/offeree, state this and specify identity
of
|
|
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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31
May 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
|
|
Interests
|
Short
Positions
|
|
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
|
|
|
|
|
|
and/or controlled:
|
|
|
29,284,044
|
2.12%
|
19,101,336
|
1.38%
|
(2)
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Cash-settled derivatives:
|
|
|
|
|
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and/or controlled:
|
|
|
7,865,500
|
0.57%
|
28,063,528
|
2.03%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
37,149,544
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2.69%
|
47,164,864
|
3.42%
|
(b)
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Rights to subscribe for new securities (including directors
and other executive
|
|
|
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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|
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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
|
Price per
unit
|
security
|
|
securities
|
|
10p
ordinary
|
Purchase
|
1,082,166
|
3.8100 GBP
|
10p
ordinary
|
Purchase
|
858,003
|
3.8098 GBP
|
10p
ordinary
|
Purchase
|
282,069
|
3.8068 GBP
|
10p
ordinary
|
Purchase
|
88,882
|
3.7856 GBP
|
10p
ordinary
|
Purchase
|
36,740
|
3.7458 GBP
|
10p
ordinary
|
Purchase
|
12,016
|
3.7468 GBP
|
10p
ordinary
|
Purchase
|
9,168
|
3.7900 GBP
|
10p
ordinary
|
Purchase
|
5,590
|
3.7758 GBP
|
10p
ordinary
|
Purchase
|
5,551
|
3.7876 GBP
|
10p
ordinary
|
Purchase
|
3,990
|
3.7835 GBP
|
10p
ordinary
|
Purchase
|
3,650
|
3.7638 GBP
|
10p
ordinary
|
Purchase
|
3,110
|
3.7809 GBP
|
10p
ordinary
|
Purchase
|
2,648
|
3.7440 GBP
|
10p
ordinary
|
Purchase
|
2,236
|
3.7573 GBP
|
10p
ordinary
|
Purchase
|
2,181
|
3.7833 GBP
|
10p
ordinary
|
Purchase
|
1,728
|
3.7844 GBP
|
10p
ordinary
|
Purchase
|
1,605
|
3.7779 GBP
|
10p
ordinary
|
Purchase
|
1,196
|
3.7654 GBP
|
10p
ordinary
|
Purchase
|
1,190
|
3.7855 GBP
|
10p
ordinary
|
Purchase
|
736
|
3.7600 GBP
|
10p
ordinary
|
Purchase
|
645
|
3.7692 GBP
|
10p
ordinary
|
Purchase
|
553
|
3.7774 GBP
|
10p
ordinary
|
Purchase
|
463
|
3.7660 GBP
|
10p
ordinary
|
Purchase
|
451
|
3.7805 GBP
|
10p
ordinary
|
Purchase
|
339
|
3.7540 GBP
|
10p
ordinary
|
Purchase
|
157
|
3.7880 GBP
|
10p
ordinary
|
Purchase
|
55
|
3.8078 GBP
|
10p
ordinary
|
Purchase
|
7
|
3.7403 GBP
|
10p
ordinary
|
Sale
|
1,672,280
|
3.8088 GBP
|
10p
ordinary
|
Sale
|
1,358,838
|
3.8100 GBP
|
10p
ordinary
|
Sale
|
225,759
|
3.7883 GBP
|
10p
ordinary
|
Sale
|
72,697
|
3.7833 GBP
|
10p
ordinary
|
Sale
|
69,117
|
3.8097 GBP
|
10p
ordinary
|
Sale
|
31,391
|
3.7533 GBP
|
10p
ordinary
|
Sale
|
30,091
|
3.7852 GBP
|
10p
ordinary
|
Sale
|
28,619
|
3.8021 GBP
|
10p
ordinary
|
Sale
|
25,122
|
3.7733 GBP
|
10p
ordinary
|
Sale
|
18,550
|
3.7835 GBP
|
10p
ordinary
|
Sale
|
14,788
|
3.7635 GBP
|
10p
ordinary
|
Sale
|
12,016
|
3.7470 GBP
|
10p
ordinary
|
Sale
|
8,632
|
3.7734 GBP
|
10p
ordinary
|
Sale
|
5,742
|
3.7578 GBP
|
10p
ordinary
|
Sale
|
5,645
|
3.7663 GBP
|
10p
ordinary
|
Sale
|
5,392
|
3.7736 GBP
|
10p
ordinary
|
Sale
|
5,233
|
3.7808 GBP
|
10p
ordinary
|
Sale
|
4,630
|
3.7806 GBP
|
10p
ordinary
|
Sale
|
4,312
|
3.7826 GBP
|
10p
ordinary
|
Sale
|
4,254
|
3.7789 GBP
|
10p
ordinary
|
Sale
|
4,136
|
3.7900 GBP
|
10p
ordinary
|
Sale
|
4,023
|
3.7756 GBP
|
10p
ordinary
|
Sale
|
3,730
|
3.8067 GBP
|
10p
ordinary
|
Sale
|
2,871
|
3.7824 GBP
|
10p
ordinary
|
Sale
|
2,648
|
3.7440 GBP
|
10p
ordinary
|
Sale
|
2,451
|
3.7783 GBP
|
10p
ordinary
|
Sale
|
2,417
|
3.7801 GBP
|
10p
ordinary
|
Sale
|
2,184
|
3.7729 GBP
|
10p
ordinary
|
Sale
|
1,836
|
3.7882 GBP
|
10p
ordinary
|
Sale
|
1,401
|
3.7840 GBP
|
10p
ordinary
|
Sale
|
1,157
|
3.7698 GBP
|
10p
ordinary
|
Sale
|
953
|
3.7721 GBP
|
10p
ordinary
|
Sale
|
736
|
3.7600 GBP
|
10p
ordinary
|
Sale
|
627
|
3.7560 GBP
|
10p
ordinary
|
Sale
|
339
|
3.7540 GBP
|
10p
ordinary
|
Sale
|
704
|
3.8078 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
|
7
|
3.7403 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
157
|
3.7880 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
348
|
3.7659 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
451
|
3.7805 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
553
|
3.7774 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
645
|
3.7692 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,190
|
3.7855 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,196
|
3.7654 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,728
|
3.7844 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
2,181
|
3.7833 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
3,110
|
3.7809 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
5,551
|
3.7876 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
6,910
|
3.8100 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
11
|
3.7500 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
227
|
3.7951 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,131
|
3.7840 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,157
|
3.7698 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,023
|
3.7756 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,254
|
3.7789 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,392
|
3.7736 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
25,220
|
3.7775 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
36,470
|
3.7800 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
37,292
|
3.7821 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
37,662
|
3.8100 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
72,697
|
3.7833 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
225,759
|
3.7884 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
378,792
|
3.8099 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
733,872
|
3.8100 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
18,550
|
3.7835 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1
|
3.7840 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
11
|
3.7500 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,236
|
3.7573 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,650
|
3.7638 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,403
|
3.7995 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
7,582
|
3.7696 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
12,801
|
3.7984 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
88,882
|
3.7856 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
293,290
|
3.8100 GBP
|
|
|
|
|
|
|
|
|
(c)
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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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(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:
|
03 Jun 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
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