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:
|
24
Apr 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
|
|
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:
|
|
|
14,499,692
|
1.05%
|
7,433,328
|
0.54%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
7,272,163
|
0.53%
|
13,672,114
|
0.99%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
21,771,855
|
1.58%
|
21,105,442
|
1.53%
|
(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
|
1,934,463
|
3.4602 GBP
|
10p
ordinary
|
Purchase
|
1,802,679
|
3.4600 GBP
|
10p
ordinary
|
Purchase
|
506,376
|
3.4639 GBP
|
10p
ordinary
|
Purchase
|
227,689
|
3.4645 GBP
|
10p
ordinary
|
Purchase
|
213,981
|
3.4681 GBP
|
10p
ordinary
|
Purchase
|
206,924
|
3.4664 GBP
|
10p
ordinary
|
Purchase
|
108,371
|
3.4606 GBP
|
10p
ordinary
|
Purchase
|
105,852
|
3.4661 GBP
|
10p
ordinary
|
Purchase
|
92,603
|
3.4694 GBP
|
10p
ordinary
|
Purchase
|
82,616
|
3.4705 GBP
|
10p
ordinary
|
Purchase
|
70,657
|
3.4671 GBP
|
10p
ordinary
|
Purchase
|
67,286
|
3.4695 GBP
|
10p
ordinary
|
Purchase
|
61,195
|
3.4685 GBP
|
10p
ordinary
|
Purchase
|
42,049
|
3.4730 GBP
|
10p
ordinary
|
Purchase
|
36,105
|
3.4498 GBP
|
10p
ordinary
|
Purchase
|
24,218
|
3.4714 GBP
|
10p
ordinary
|
Purchase
|
24,063
|
3.4748 GBP
|
10p
ordinary
|
Purchase
|
23,779
|
3.4552 GBP
|
10p
ordinary
|
Purchase
|
22,313
|
3.4793 GBP
|
10p
ordinary
|
Purchase
|
19,197
|
3.4737 GBP
|
10p
ordinary
|
Purchase
|
18,700
|
3.4775 GBP
|
10p
ordinary
|
Purchase
|
18,368
|
3.4640 GBP
|
10p
ordinary
|
Purchase
|
17,300
|
3.4605 GBP
|
10p
ordinary
|
Purchase
|
16,845
|
3.4786 GBP
|
10p
ordinary
|
Purchase
|
14,566
|
3.4734 GBP
|
10p
ordinary
|
Purchase
|
11,609
|
3.4609 GBP
|
10p
ordinary
|
Purchase
|
11,606
|
3.4620 GBP
|
10p
ordinary
|
Purchase
|
11,384
|
3.4660 GBP
|
10p
ordinary
|
Purchase
|
10,886
|
3.4400 GBP
|
10p
ordinary
|
Purchase
|
9,418
|
3.4500 GBP
|
10p
ordinary
|
Purchase
|
9,106
|
3.4560 GBP
|
10p
ordinary
|
Purchase
|
8,035
|
3.4622 GBP
|
10p
ordinary
|
Purchase
|
6,342
|
3.4420 GBP
|
10p
ordinary
|
Purchase
|
5,053
|
3.4540 GBP
|
10p
ordinary
|
Purchase
|
5,042
|
3.4520 GBP
|
10p
ordinary
|
Purchase
|
4,663
|
3.4740 GBP
|
10p
ordinary
|
Purchase
|
4,402
|
3.4580 GBP
|
10p
ordinary
|
Purchase
|
4,287
|
3.4497 GBP
|
10p
ordinary
|
Purchase
|
3,501
|
3.4739 GBP
|
10p
ordinary
|
Purchase
|
3,386
|
3.4480 GBP
|
10p
ordinary
|
Purchase
|
3,303
|
3.4720 GBP
|
10p
ordinary
|
Purchase
|
3,191
|
3.4360 GBP
|
10p
ordinary
|
Purchase
|
2,601
|
3.4492 GBP
|
10p
ordinary
|
Purchase
|
2,428
|
3.4784 GBP
|
10p
ordinary
|
Purchase
|
2,367
|
3.4783 GBP
|
10p
ordinary
|
Purchase
|
2,278
|
3.4680 GBP
|
10p
ordinary
|
Purchase
|
2,007
|
3.4926 GBP
|
10p
ordinary
|
Purchase
|
1,779
|
3.4700 GBP
|
10p
ordinary
|
Purchase
|
1,448
|
3.4380 GBP
|
10p
ordinary
|
Purchase
|
1,173
|
3.4820 GBP
|
10p
ordinary
|
Purchase
|
882
|
3.4860 GBP
|
10p
ordinary
|
Purchase
|
870
|
3.4760 GBP
|
10p
ordinary
|
Purchase
|
841
|
3.4440 GBP
|
10p
ordinary
|
Purchase
|
829
|
3.4900 GBP
|
10p
ordinary
|
Purchase
|
702
|
3.4460 GBP
|
10p
ordinary
|
Purchase
|
326
|
3.4541 GBP
|
10p
ordinary
|
Purchase
|
124
|
3.4920 GBP
|
10p
ordinary
|
Purchase
|
67
|
3.4615 GBP
|
10p
ordinary
|
Sale
|
1,064,789
|
3.4657 GBP
|
10p
ordinary
|
Sale
|
761,634
|
3.4734 GBP
|
10p
ordinary
|
Sale
|
692,071
|
3.4600 GBP
|
10p
ordinary
|
Sale
|
342,905
|
3.4605 GBP
|
10p
ordinary
|
Sale
|
230,135
|
3.4586 GBP
|
10p
ordinary
|
Sale
|
96,051
|
3.4669 GBP
|
10p
ordinary
|
Sale
|
87,831
|
3.4576 GBP
|
10p
ordinary
|
Sale
|
60,591
|
3.4620 GBP
|
10p
ordinary
|
Sale
|
54,848
|
3.4629 GBP
|
10p
ordinary
|
Sale
|
47,400
|
3.4610 GBP
|
10p
ordinary
|
Sale
|
30,050
|
3.4633 GBP
|
10p
ordinary
|
Sale
|
27,800
|
3.4490 GBP
|
10p
ordinary
|
Sale
|
26,120
|
3.4546 GBP
|
10p
ordinary
|
Sale
|
22,786
|
3.4645 GBP
|
10p
ordinary
|
Sale
|
21,595
|
3.4609 GBP
|
10p
ordinary
|
Sale
|
19,515
|
3.4709 GBP
|
10p
ordinary
|
Sale
|
17,097
|
3.4499 GBP
|
10p
ordinary
|
Sale
|
16,903
|
3.4517 GBP
|
10p
ordinary
|
Sale
|
16,563
|
3.4711 GBP
|
10p
ordinary
|
Sale
|
15,101
|
3.4559 GBP
|
10p
ordinary
|
Sale
|
11,215
|
3.4516 GBP
|
10p
ordinary
|
Sale
|
11,076
|
3.4644 GBP
|
10p
ordinary
|
Sale
|
10,922
|
3.4677 GBP
|
10p
ordinary
|
Sale
|
10,459
|
3.4500 GBP
|
10p
ordinary
|
Sale
|
9,106
|
3.4560 GBP
|
10p
ordinary
|
Sale
|
8,435
|
3.4640 GBP
|
10p
ordinary
|
Sale
|
7,269
|
3.4580 GBP
|
10p
ordinary
|
Sale
|
6,342
|
3.4420 GBP
|
10p
ordinary
|
Sale
|
6,186
|
3.4778 GBP
|
10p
ordinary
|
Sale
|
5,615
|
3.4800 GBP
|
10p
ordinary
|
Sale
|
5,252
|
3.4481 GBP
|
10p
ordinary
|
Sale
|
5,053
|
3.4540 GBP
|
10p
ordinary
|
Sale
|
5,042
|
3.4520 GBP
|
10p
ordinary
|
Sale
|
4,663
|
3.4740 GBP
|
10p
ordinary
|
Sale
|
4,487
|
3.4612 GBP
|
10p
ordinary
|
Sale
|
4,354
|
3.4480 GBP
|
10p
ordinary
|
Sale
|
4,176
|
3.4521 GBP
|
10p
ordinary
|
Sale
|
3,623
|
3.4400 GBP
|
10p
ordinary
|
Sale
|
3,423
|
3.4700 GBP
|
10p
ordinary
|
Sale
|
3,303
|
3.4720 GBP
|
10p
ordinary
|
Sale
|
3,230
|
3.4542 GBP
|
10p
ordinary
|
Sale
|
3,191
|
3.4360 GBP
|
10p
ordinary
|
Sale
|
3,174
|
3.4655 GBP
|
10p
ordinary
|
Sale
|
2,291
|
3.4369 GBP
|
10p
ordinary
|
Sale
|
2,278
|
3.4680 GBP
|
10p
ordinary
|
Sale
|
2,239
|
3.4792 GBP
|
10p
ordinary
|
Sale
|
1,711
|
3.4440 GBP
|
10p
ordinary
|
Sale
|
1,585
|
3.4732 GBP
|
10p
ordinary
|
Sale
|
1,514
|
3.4660 GBP
|
10p
ordinary
|
Sale
|
1,457
|
3.4510 GBP
|
10p
ordinary
|
Sale
|
1,448
|
3.4380 GBP
|
10p
ordinary
|
Sale
|
1,284
|
3.4452 GBP
|
10p
ordinary
|
Sale
|
1,173
|
3.4820 GBP
|
10p
ordinary
|
Sale
|
1,105
|
3.4802 GBP
|
10p
ordinary
|
Sale
|
970
|
3.4760 GBP
|
10p
ordinary
|
Sale
|
929
|
3.4880 GBP
|
10p
ordinary
|
Sale
|
882
|
3.4860 GBP
|
10p
ordinary
|
Sale
|
829
|
3.4900 GBP
|
10p
ordinary
|
Sale
|
702
|
3.4460 GBP
|
10p
ordinary
|
Sale
|
593
|
3.4723 GBP
|
10p
ordinary
|
Sale
|
581
|
3.4819 GBP
|
10p
ordinary
|
Sale
|
124
|
3.4920 GBP
|
10p
ordinary
|
Sale
|
87
|
3.4776 GBP
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
10p
ordinary
|
CFD
|
Closing
Long
|
57
|
3.4900 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
2,082
|
3.4499 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
2,399
|
3.4579 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
5,252
|
3.4481 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
21,820
|
3.4649 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
87,831
|
3.4576 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
97,601
|
3.4587 GBP
|
10p
ordinary
|
CFD
|
Closing
Long
|
223,757
|
3.4600 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
925
|
3.4680 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
9,827
|
3.4675 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
9,870
|
3.4660 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
17,300
|
3.4605 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
23,873
|
3.4757 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
47,991
|
3.4685 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
70
|
3.4508 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
581
|
3.4819 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,644
|
3.4700 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,250
|
3.4928 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,878
|
3.4673 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
9,063
|
3.4613 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
41,478
|
3.4657 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
260,937
|
3.4584 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
649
|
3.4809 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
105,852
|
3.4661 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
179,350
|
3.4675 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
190,061
|
3.4642 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
586,546
|
3.4600 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
38
|
3.4774 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
49
|
3.4778 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
165
|
3.4761 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
213
|
3.4364 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
215
|
3.4747 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
283
|
3.4366 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
386
|
3.4554 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
428
|
3.4645 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
492
|
3.4628 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
559
|
3.4555 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
1,205
|
3.4725 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
1,312
|
3.4496 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
1,795
|
3.4370 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
1,823
|
3.4498 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
2,254
|
3.4662 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
3,762
|
3.4557 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
11,880
|
3.4499 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
16,903
|
3.4517 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
27,800
|
3.4490 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
77,103
|
3.4640 GBP
|
10p
ordinary
|
CFD
|
Opening
Short
|
57
|
3.4900 GBP
|
10p
ordinary
|
CFD
|
Opening
Short
|
124
|
3.4920 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
637
|
3.4920 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
920
|
3.4640 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
1,370
|
3.4930 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
2,367
|
3.4783 GBP
|
10p
ordinary
|
CFD
|
Opening
Short
|
2,697
|
3.4643 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
3,501
|
3.4739 GBP
|
10p
ordinary
|
CFD
|
Opening
Short
|
14,037
|
3.4462 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
50,335
|
3.4610 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
62,928
|
3.4676 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
206,924
|
3.4664 GBP
|
10p
ordinary
|
SWAP
|
Opening
Short
|
743,936
|
3.4600 GBP
|
10p
ordinary
|
CFD
|
Opening
Short
|
1,566,208
|
3.4600 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:
|
25 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|