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
relevant securities this form relates:
|
DS
SMITH PLC
|
(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:
|
13
Aug 2024
|
(f)
|
In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
|
YES:
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:
|
33,668,518
|
2.44%
|
32,475,641
|
2.35%
|
(2)
Cash-settled derivatives:
|
11,961,786
|
0.87%
|
33,427,685
|
2.42%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
|
45,630,304
|
3.31%
|
65,903,326
|
4.78%
|
(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 PERSON MAKING THE
DISCLOSURE
|
(a)
|
Purchase and sales
|
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
10p
ordinary
|
Purchase
|
192,508
|
4.4500 GBP
|
10p
ordinary
|
Purchase
|
145,982
|
4.4367 GBP
|
10p
ordinary
|
Purchase
|
79,837
|
4.4473 GBP
|
10p
ordinary
|
Purchase
|
64,864
|
4.4368 GBP
|
10p
ordinary
|
Purchase
|
39,402
|
4.4350 GBP
|
10p
ordinary
|
Purchase
|
31,850
|
4.4330 GBP
|
10p
ordinary
|
Purchase
|
28,497
|
4.4493 GBP
|
10p
ordinary
|
Purchase
|
27,020
|
4.4356 GBP
|
10p
ordinary
|
Purchase
|
25,602
|
4.4364 GBP
|
10p
ordinary
|
Purchase
|
17,493
|
4.4283 GBP
|
10p
ordinary
|
Purchase
|
15,175
|
4.4292 GBP
|
10p
ordinary
|
Purchase
|
14,744
|
4.4440 GBP
|
10p
ordinary
|
Purchase
|
11,780
|
4.4338 GBP
|
10p
ordinary
|
Purchase
|
11,249
|
4.4355 GBP
|
10p
ordinary
|
Purchase
|
11,135
|
4.4309 GBP
|
10p
ordinary
|
Purchase
|
8,174
|
4.4209 GBP
|
10p
ordinary
|
Purchase
|
8,140
|
4.4332 GBP
|
10p
ordinary
|
Purchase
|
7,285
|
4.4337 GBP
|
10p
ordinary
|
Purchase
|
6,566
|
4.4408 GBP
|
10p
ordinary
|
Purchase
|
5,218
|
4.4400 GBP
|
10p
ordinary
|
Purchase
|
4,405
|
4.4302 GBP
|
10p
ordinary
|
Purchase
|
4,063
|
4.4331 GBP
|
10p
ordinary
|
Purchase
|
3,516
|
4.4415 GBP
|
10p
ordinary
|
Purchase
|
3,101
|
4.4343 GBP
|
10p
ordinary
|
Purchase
|
3,088
|
4.4240 GBP
|
10p
ordinary
|
Purchase
|
2,521
|
4.4220 GBP
|
10p
ordinary
|
Purchase
|
2,500
|
4.4380 GBP
|
10p
ordinary
|
Purchase
|
2,341
|
4.4319 GBP
|
10p
ordinary
|
Purchase
|
2,330
|
4.4236 GBP
|
10p
ordinary
|
Purchase
|
2,006
|
4.4271 GBP
|
10p
ordinary
|
Purchase
|
1,893
|
4.4303 GBP
|
10p
ordinary
|
Purchase
|
1,771
|
4.4172 GBP
|
10p
ordinary
|
Purchase
|
1,547
|
4.4164 GBP
|
10p
ordinary
|
Purchase
|
1,536
|
4.4298 GBP
|
10p
ordinary
|
Purchase
|
1,366
|
4.4197 GBP
|
10p
ordinary
|
Purchase
|
1,127
|
4.4223 GBP
|
10p
ordinary
|
Purchase
|
1,122
|
4.4340 GBP
|
10p
ordinary
|
Purchase
|
871
|
4.4411 GBP
|
10p
ordinary
|
Purchase
|
829
|
4.4140 GBP
|
10p
ordinary
|
Purchase
|
822
|
4.4320 GBP
|
10p
ordinary
|
Purchase
|
800
|
4.4360 GBP
|
10p
ordinary
|
Purchase
|
711
|
4.4260 GBP
|
10p
ordinary
|
Purchase
|
439
|
4.4420 GBP
|
10p
ordinary
|
Sale
|
219,355
|
4.4343 GBP
|
10p
ordinary
|
Sale
|
155,370
|
4.4162 GBP
|
10p
ordinary
|
Sale
|
103,194
|
4.4490 GBP
|
10p
ordinary
|
Sale
|
75,762
|
4.4484 GBP
|
10p
ordinary
|
Sale
|
73,037
|
4.4463 GBP
|
10p
ordinary
|
Sale
|
52,544
|
4.4215 GBP
|
10p
ordinary
|
Sale
|
26,298
|
4.4500 GBP
|
10p
ordinary
|
Sale
|
23,092
|
4.4502 GBP
|
10p
ordinary
|
Sale
|
20,810
|
4.4280 GBP
|
10p
ordinary
|
Sale
|
20,475
|
4.4212 GBP
|
10p
ordinary
|
Sale
|
14,744
|
4.4440 GBP
|
10p
ordinary
|
Sale
|
14,533
|
4.4200 GBP
|
10p
ordinary
|
Sale
|
10,173
|
4.4224 GBP
|
10p
ordinary
|
Sale
|
7,389
|
4.4298 GBP
|
10p
ordinary
|
Sale
|
5,849
|
4.4360 GBP
|
10p
ordinary
|
Sale
|
5,699
|
4.4249 GBP
|
10p
ordinary
|
Sale
|
5,590
|
4.4205 GBP
|
10p
ordinary
|
Sale
|
4,728
|
4.4264 GBP
|
10p
ordinary
|
Sale
|
3,767
|
4.4240 GBP
|
10p
ordinary
|
Sale
|
3,725
|
4.4303 GBP
|
10p
ordinary
|
Sale
|
3,669
|
4.4266 GBP
|
10p
ordinary
|
Sale
|
3,076
|
4.4233 GBP
|
10p
ordinary
|
Sale
|
2,966
|
4.4258 GBP
|
10p
ordinary
|
Sale
|
2,877
|
4.4400 GBP
|
10p
ordinary
|
Sale
|
2,803
|
4.4380 GBP
|
10p
ordinary
|
Sale
|
2,521
|
4.4220 GBP
|
10p
ordinary
|
Sale
|
2,076
|
4.4227 GBP
|
10p
ordinary
|
Sale
|
1,497
|
4.4237 GBP
|
10p
ordinary
|
Sale
|
1,479
|
4.4228 GBP
|
10p
ordinary
|
Sale
|
1,451
|
4.4325 GBP
|
10p
ordinary
|
Sale
|
1,251
|
4.4430 GBP
|
10p
ordinary
|
Sale
|
1,122
|
4.4340 GBP
|
10p
ordinary
|
Sale
|
884
|
4.4230 GBP
|
10p
ordinary
|
Sale
|
866
|
4.4288 GBP
|
10p
ordinary
|
Sale
|
829
|
4.4140 GBP
|
10p
ordinary
|
Sale
|
822
|
4.4320 GBP
|
10p
ordinary
|
Sale
|
737
|
4.4260 GBP
|
10p
ordinary
|
Sale
|
716
|
4.4424 GBP
|
10p
ordinary
|
Sale
|
439
|
4.4420 GBP
|
10p
ordinary
|
Sale
|
181
|
4.4160 GBP
|
10p
ordinary
|
Sale
|
132
|
4.4319 GBP
|
(b)
|
Cash-settled derivative transactions
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
10p
ordinary
|
CFD
|
Decreasing Short
|
4,068
|
4.4402 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
23,536
|
4.4500 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
389
|
4.4262 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
628
|
4.4500 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
19,600
|
4.4343 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,699
|
4.4249 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
866
|
4.4288 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
39,265
|
4.4494 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,127
|
4.4223 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,536
|
4.4298 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
14,319
|
4.4308 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
39,402
|
4.4350 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,906
|
4.4415 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,290
|
4.4476 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
132
|
4.4319 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
11,249
|
4.4355 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
9,424
|
4.4273 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
15,175
|
4.4292 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
439
|
4.4500 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
953
|
4.4500
GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
175,000
|
4.4500
GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
211,500
|
4.4500
GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
99,186
|
4.4400
GBP
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions
(including options)
|
(i)
|
Writing, selling, purchasing or varying
|
Class
of
relevant
security
|
Product
description
|
Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
|
Expiry
date
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
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 person 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:
|
14 Aug 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|