|
FORM 8.3 - Amendment to 2a and 3a
Replaces form Released at 17/01/2025 14:39 RNS Number :
8245T
|
|
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:
|
16
Jan 2025
|
|
(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:
|
33,223,881
|
2.40%
|
30,381,640
|
2.20%
|
|
(2)
Cash-settled derivatives:
|
12,558,243
|
0.91%
|
30,960,114
|
2.24%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
|
TOTAL:
|
45,782,124
|
3.31%
|
61,341,754
|
4.44%
|
|
(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
|
409,000
|
5.7900 GBP
|
|
10p
ordinary
|
Purchase
|
280,000
|
5.7609 GBP
|
|
10p
ordinary
|
Purchase
|
78,862
|
5.7881 GBP
|
|
10p
ordinary
|
Purchase
|
76,157
|
5.7865 GBP
|
|
10p
ordinary
|
Purchase
|
70,893
|
5.7896 GBP
|
|
10p
ordinary
|
Purchase
|
36,267
|
5.7806 GBP
|
|
10p
ordinary
|
Purchase
|
33,443
|
5.7736 GBP
|
|
10p
ordinary
|
Purchase
|
28,660
|
5.7894 GBP
|
|
10p
ordinary
|
Purchase
|
23,992
|
5.7798 GBP
|
|
10p
ordinary
|
Purchase
|
11,813
|
5.7821 GBP
|
|
10p
ordinary
|
Purchase
|
10,536
|
5.7975 GBP
|
|
10p
ordinary
|
Purchase
|
10,466
|
5.7814 GBP
|
|
10p
ordinary
|
Purchase
|
10,049
|
5.7880 GBP
|
|
10p
ordinary
|
Purchase
|
9,420
|
5.7691 GBP
|
|
10p
ordinary
|
Purchase
|
8,497
|
5.7658 GBP
|
|
10p
ordinary
|
Purchase
|
8,078
|
5.7743 GBP
|
|
10p
ordinary
|
Purchase
|
7,777
|
5.7866 GBP
|
|
10p
ordinary
|
Purchase
|
7,677
|
5.7810 GBP
|
|
10p
ordinary
|
Purchase
|
6,687
|
5.7753 GBP
|
|
10p
ordinary
|
Purchase
|
6,363
|
5.7741 GBP
|
|
10p
ordinary
|
Purchase
|
5,955
|
5.7677 GBP
|
|
10p
ordinary
|
Purchase
|
4,786
|
5.7657 GBP
|
|
10p
ordinary
|
Purchase
|
4,682
|
5.7675 GBP
|
|
10p
ordinary
|
Purchase
|
4,547
|
5.7934 GBP
|
|
10p
ordinary
|
Purchase
|
4,015
|
5.7678 GBP
|
|
10p
ordinary
|
Purchase
|
3,624
|
5.7789 GBP
|
|
10p
ordinary
|
Purchase
|
2,661
|
5.7612 GBP
|
|
10p
ordinary
|
Purchase
|
1,889
|
5.7611 GBP
|
|
10p
ordinary
|
Purchase
|
1,822
|
5.7679 GBP
|
|
10p
ordinary
|
Purchase
|
1,605
|
5.7683 GBP
|
|
10p
ordinary
|
Purchase
|
1,270
|
5.8000 GBP
|
|
10p
ordinary
|
Purchase
|
1,228
|
5.7600 GBP
|
|
10p
ordinary
|
Purchase
|
1,200
|
5.7550 GBP
|
|
10p
ordinary
|
Purchase
|
869
|
5.7711 GBP
|
|
10p
ordinary
|
Purchase
|
648
|
5.7650 GBP
|
|
10p
ordinary
|
Purchase
|
648
|
5.7648 GBP
|
|
10p
ordinary
|
Purchase
|
637
|
5.7989 GBP
|
|
10p
ordinary
|
Purchase
|
636
|
5.7950 GBP
|
|
10p
ordinary
|
Purchase
|
334
|
5.7851 GBP
|
|
10p
ordinary
|
Purchase
|
108
|
5.7769 GBP
|
|
10p
ordinary
|
Sale
|
3,500,000
|
5.7200 GBP
|
|
10p
ordinary
|
Sale
|
120,045
|
5.7900 GBP
|
|
10p
ordinary
|
Sale
|
109,789
|
5.7909 GBP
|
|
10p
ordinary
|
Sale
|
70,893
|
5.7896 GBP
|
|
10p
ordinary
|
Sale
|
69,163
|
5.7830 GBP
|
|
10p
ordinary
|
Sale
|
27,008
|
5.7703 GBP
|
|
10p
ordinary
|
Sale
|
23,556
|
5.7838 GBP
|
|
10p
ordinary
|
Sale
|
22,809
|
5.7842 GBP
|
|
10p
ordinary
|
Sale
|
22,500
|
5.7695 GBP
|
|
10p
ordinary
|
Sale
|
19,154
|
5.7818 GBP
|
|
10p
ordinary
|
Sale
|
14,924
|
5.7831 GBP
|
|
10p
ordinary
|
Sale
|
12,524
|
5.7911 GBP
|
|
10p
ordinary
|
Sale
|
11,509
|
5.7834 GBP
|
|
10p
ordinary
|
Sale
|
8,014
|
5.7949 GBP
|
|
10p
ordinary
|
Sale
|
6,423
|
5.7549 GBP
|
|
10p
ordinary
|
Sale
|
6,161
|
5.7707 GBP
|
|
10p
ordinary
|
Sale
|
5,761
|
5.7754 GBP
|
|
10p
ordinary
|
Sale
|
4,984
|
5.7743 GBP
|
|
10p
ordinary
|
Sale
|
4,786
|
5.7657 GBP
|
|
10p
ordinary
|
Sale
|
4,630
|
5.7812 GBP
|
|
10p
ordinary
|
Sale
|
4,191
|
5.7660 GBP
|
|
10p
ordinary
|
Sale
|
3,227
|
5.7683 GBP
|
|
10p
ordinary
|
Sale
|
2,909
|
5.7809 GBP
|
|
10p
ordinary
|
Sale
|
2,538
|
5.7891 GBP
|
|
10p
ordinary
|
Sale
|
1,808
|
5.7714 GBP
|
|
10p
ordinary
|
Sale
|
1,783
|
5.7847 GBP
|
|
10p
ordinary
|
Sale
|
1,636
|
5.7859 GBP
|
|
10p
ordinary
|
Sale
|
1,219
|
5.7759 GBP
|
|
10p
ordinary
|
Sale
|
1,092
|
5.7803 GBP
|
|
10p
ordinary
|
Sale
|
1,086
|
5.7675 GBP
|
|
10p
ordinary
|
Sale
|
1,002
|
5.7989 GBP
|
|
10p
ordinary
|
Sale
|
993
|
5.7850 GBP
|
|
10p
ordinary
|
Sale
|
926
|
5.7750 GBP
|
|
10p
ordinary
|
Sale
|
788
|
5.7655 GBP
|
|
10p
ordinary
|
Sale
|
649
|
5.7650 GBP
|
|
10p
ordinary
|
Sale
|
636
|
5.7950 GBP
|
|
10p
ordinary
|
Sale
|
597
|
5.7600 GBP
|
|
10p
ordinary
|
Sale
|
588
|
5.7800 GBP
|
|
10p
ordinary
|
Sale
|
568
|
5.7799 GBP
|
|
10p
ordinary
|
Sale
|
545
|
5.7625 GBP
|
|
10p
ordinary
|
Sale
|
506
|
5.7941 GBP
|
|
10p
ordinary
|
Sale
|
17
|
5.7705 GBP
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
76,271
|
5.7809 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
12,387
|
5.7848 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
44
|
5.7200 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
6,423
|
5.7549 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
22,500
|
5.7695 USD
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,780
|
5.7812 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
19,154
|
5.7818 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
69,163
|
5.7830 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
7,407
|
5.7844 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,783
|
5.7847 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
7,874
|
5.7872 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
85,393
|
5.7886 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
12,524
|
5.7911 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
8,014
|
5.7949 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
631
|
5.7600 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
869
|
5.7711 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
33,443
|
5.7736 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
135,847
|
5.7841 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
13,875
|
5.7845 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
278,663
|
5.7900 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
637
|
5.7988 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
30,000
|
5.7699 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Short
|
44,762
|
5.7900 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
70,893
|
5.7896 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Short
|
852
|
5.7900 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
8,497
|
5.7658 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:
|
24 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|