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:
|
28
Jun 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:
|
|
|
27,371,269
|
1.98%
|
22,687,972
|
1.64%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
9,307,603
|
0.67%
|
26,593,738
|
1.93%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
36,678,872
|
2.66%
|
49,281,710
|
3.57%
|
(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
|
1,565,749
|
4.2099 GBP
|
10p
ordinary
|
Purchase
|
1,194,428
|
4.2620 GBP
|
10p
ordinary
|
Purchase
|
510,000
|
4.1870 GBP
|
10p
ordinary
|
Purchase
|
503,407
|
4.2122 GBP
|
10p
ordinary
|
Purchase
|
500,000
|
3.9319 GBP
|
10p
ordinary
|
Purchase
|
406,500
|
4.1928 GBP
|
10p
ordinary
|
Purchase
|
269,183
|
4.2076 GBP
|
10p
ordinary
|
Purchase
|
250,000
|
4.1918 GBP
|
10p
ordinary
|
Purchase
|
242,221
|
4.1844 GBP
|
10p
ordinary
|
Purchase
|
172,870
|
4.2109 GBP
|
10p
ordinary
|
Purchase
|
151,531
|
4.2302 GBP
|
10p
ordinary
|
Purchase
|
140,000
|
4.1908 GBP
|
10p
ordinary
|
Purchase
|
135,500
|
4.1882 GBP
|
10p
ordinary
|
Purchase
|
113,643
|
4.2020 GBP
|
10p
ordinary
|
Purchase
|
100,000
|
4.1816 GBP
|
10p
ordinary
|
Purchase
|
100,000
|
4.1809 GBP
|
10p
ordinary
|
Purchase
|
93,022
|
4.1974 GBP
|
10p
ordinary
|
Purchase
|
81,336
|
4.1795 GBP
|
10p
ordinary
|
Purchase
|
78,009
|
4.1895 GBP
|
10p
ordinary
|
Purchase
|
65,700
|
4.2055 GBP
|
10p
ordinary
|
Purchase
|
57,286
|
4.2019 GBP
|
10p
ordinary
|
Purchase
|
43,253
|
4.1819 GBP
|
10p
ordinary
|
Purchase
|
39,400
|
4.2044 GBP
|
10p
ordinary
|
Purchase
|
33,064
|
4.1922 GBP
|
10p
ordinary
|
Purchase
|
26,443
|
4.1860 GBP
|
10p
ordinary
|
Purchase
|
25,336
|
4.1818 GBP
|
10p
ordinary
|
Purchase
|
24,973
|
4.2129 GBP
|
10p
ordinary
|
Purchase
|
23,410
|
4.2108 GBP
|
10p
ordinary
|
Purchase
|
23,312
|
4.0654 GBP
|
10p
ordinary
|
Purchase
|
18,299
|
4.1999 GBP
|
10p
ordinary
|
Purchase
|
16,532
|
4.1745 GBP
|
10p
ordinary
|
Purchase
|
16,532
|
4.1755 GBP
|
10p
ordinary
|
Purchase
|
15,795
|
4.1917 GBP
|
10p
ordinary
|
Purchase
|
15,718
|
4.2100 GBP
|
10p
ordinary
|
Purchase
|
15,367
|
4.2277 GBP
|
10p
ordinary
|
Purchase
|
14,621
|
4.1765 GBP
|
10p
ordinary
|
Purchase
|
13,397
|
4.2297 GBP
|
10p
ordinary
|
Purchase
|
12,203
|
4.2087 GBP
|
10p
ordinary
|
Purchase
|
9,646
|
4.1891 GBP
|
10p
ordinary
|
Purchase
|
8,767
|
4.2312 GBP
|
10p
ordinary
|
Purchase
|
6,700
|
4.1874 GBP
|
10p
ordinary
|
Purchase
|
5,441
|
4.1863 GBP
|
10p
ordinary
|
Purchase
|
5,069
|
4.1800 GBP
|
10p
ordinary
|
Purchase
|
4,051
|
4.2233 GBP
|
10p
ordinary
|
Purchase
|
3,457
|
4.1955 GBP
|
10p
ordinary
|
Purchase
|
3,420
|
4.2009 GBP
|
10p
ordinary
|
Purchase
|
3,394
|
4.1828 GBP
|
10p
ordinary
|
Purchase
|
3,332
|
4.1836 GBP
|
10p
ordinary
|
Purchase
|
3,116
|
4.1780 GBP
|
10p
ordinary
|
Purchase
|
3,068
|
4.1820 GBP
|
10p
ordinary
|
Purchase
|
2,717
|
4.2171 GBP
|
10p
ordinary
|
Purchase
|
2,478
|
4.1973 GBP
|
10p
ordinary
|
Purchase
|
2,385
|
4.1810 GBP
|
10p
ordinary
|
Purchase
|
2,049
|
4.2169 GBP
|
10p
ordinary
|
Purchase
|
1,736
|
4.2324 GBP
|
10p
ordinary
|
Purchase
|
1,697
|
4.1814 GBP
|
10p
ordinary
|
Purchase
|
1,650
|
4.2300 GBP
|
10p
ordinary
|
Purchase
|
1,606
|
4.1907 GBP
|
10p
ordinary
|
Purchase
|
1,474
|
4.2022 GBP
|
10p
ordinary
|
Purchase
|
1,472
|
4.2114 GBP
|
10p
ordinary
|
Purchase
|
1,289
|
4.1847 GBP
|
10p
ordinary
|
Purchase
|
1,281
|
4.2200 GBP
|
10p
ordinary
|
Purchase
|
1,255
|
4.2000 GBP
|
10p
ordinary
|
Purchase
|
966
|
4.1861 GBP
|
10p
ordinary
|
Purchase
|
956
|
4.2088 GBP
|
10p
ordinary
|
Purchase
|
882
|
4.1740 GBP
|
10p
ordinary
|
Purchase
|
840
|
4.1720 GBP
|
10p
ordinary
|
Purchase
|
759
|
4.2260 GBP
|
10p
ordinary
|
Purchase
|
583
|
4.1840 GBP
|
10p
ordinary
|
Sale
|
1,722,186
|
4.2100 GBP
|
10p
ordinary
|
Sale
|
353,905
|
4.2099 GBP
|
10p
ordinary
|
Sale
|
273,254
|
4.2025 GBP
|
10p
ordinary
|
Sale
|
243,969
|
4.2087 GBP
|
10p
ordinary
|
Sale
|
228,906
|
4.2102 GBP
|
10p
ordinary
|
Sale
|
180,649
|
4.1832 GBP
|
10p
ordinary
|
Sale
|
172,374
|
4.2007 GBP
|
10p
ordinary
|
Sale
|
143,596
|
4.2003 GBP
|
10p
ordinary
|
Sale
|
119,081
|
4.1933 GBP
|
10p
ordinary
|
Sale
|
105,644
|
4.2116 GBP
|
10p
ordinary
|
Sale
|
100,000
|
4.2233 GBP
|
10p
ordinary
|
Sale
|
100,000
|
4.2261 GBP
|
10p
ordinary
|
Sale
|
94,869
|
4.2026 GBP
|
10p
ordinary
|
Sale
|
84,739
|
4.1975 GBP
|
10p
ordinary
|
Sale
|
84,697
|
4.1837 GBP
|
10p
ordinary
|
Sale
|
80,776
|
4.1815 GBP
|
10p
ordinary
|
Sale
|
63,180
|
4.1814 GBP
|
10p
ordinary
|
Sale
|
61,821
|
4.1858 GBP
|
10p
ordinary
|
Sale
|
33,738
|
4.1931 GBP
|
10p
ordinary
|
Sale
|
29,436
|
4.1845 GBP
|
10p
ordinary
|
Sale
|
25,486
|
4.2022 GBP
|
10p
ordinary
|
Sale
|
20,208
|
4.2170 GBP
|
10p
ordinary
|
Sale
|
19,145
|
4.2093 GBP
|
10p
ordinary
|
Sale
|
13,616
|
4.1825 GBP
|
10p
ordinary
|
Sale
|
11,872
|
4.2117 GBP
|
10p
ordinary
|
Sale
|
10,038
|
4.1945 GBP
|
10p
ordinary
|
Sale
|
10,000
|
4.0406 GBP
|
10p
ordinary
|
Sale
|
10,000
|
4.2052 GBP
|
10p
ordinary
|
Sale
|
9,810
|
4.2162 GBP
|
10p
ordinary
|
Sale
|
8,075
|
4.2124 GBP
|
10p
ordinary
|
Sale
|
7,171
|
4.2143 GBP
|
10p
ordinary
|
Sale
|
6,631
|
4.1870 GBP
|
10p
ordinary
|
Sale
|
6,500
|
4.2130 GBP
|
10p
ordinary
|
Sale
|
5,864
|
4.2065 GBP
|
10p
ordinary
|
Sale
|
5,253
|
4.1841 GBP
|
10p
ordinary
|
Sale
|
5,069
|
4.1800 GBP
|
10p
ordinary
|
Sale
|
5,044
|
4.2150 GBP
|
10p
ordinary
|
Sale
|
4,292
|
4.1790 GBP
|
10p
ordinary
|
Sale
|
4,236
|
4.2059 GBP
|
10p
ordinary
|
Sale
|
3,116
|
4.1780 GBP
|
10p
ordinary
|
Sale
|
2,755
|
4.2111 GBP
|
10p
ordinary
|
Sale
|
2,738
|
4.1720 GBP
|
10p
ordinary
|
Sale
|
2,572
|
4.1822 GBP
|
10p
ordinary
|
Sale
|
2,320
|
4.1820 GBP
|
10p
ordinary
|
Sale
|
1,828
|
4.1819 GBP
|
10p
ordinary
|
Sale
|
1,650
|
4.2300 GBP
|
10p
ordinary
|
Sale
|
1,529
|
4.1840 GBP
|
10p
ordinary
|
Sale
|
1,220
|
4.1810 GBP
|
10p
ordinary
|
Sale
|
882
|
4.1740 GBP
|
10p
ordinary
|
Sale
|
515
|
4.1880 GBP
|
10p
ordinary
|
Sale
|
453
|
4.2140 GBP
|
10p
ordinary
|
Sale
|
444
|
4.2000 GBP
|
10p
ordinary
|
Sale
|
68
|
4.2020 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
|
Opening
Long
|
550,615
|
4.2100 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
413
|
4.2000 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
360,356
|
4.2099 GBP
|
10p
ordinary
|
CFD
|
Increasing Long
|
25
|
4.2100 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
413
|
4.2000 GBP
|
10p
ordinary
|
CFD
|
Decreasing Long
|
4,628
|
4.2100 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
4,782
|
4.2037 GBP
|
10p
ordinary
|
SWAP
|
Opening
Long
|
13,224
|
4.2097 GBP
|
10p
ordinary
|
SWAP
|
Closing
Long
|
4,688
|
4.2100 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,292
|
4.2134 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
7,200
|
4.1855 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
36
|
4.2066 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
19,145
|
4.2093 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
2,572
|
4.1822 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
515
|
4.1880 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
42,407
|
4.1926 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
172,374
|
4.2007 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
453
|
4.2140 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
150,000
|
3.9319 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,289
|
4.1847 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
78,000
|
4.1870 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
342,000
|
4.1906 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
972
|
4.1955 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
115,583
|
4.2025 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
21,402
|
4.2098 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
209,617
|
4.2100 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
503,407
|
4.2122 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,194,428
|
4.2620 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
94,869
|
4.2026 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
2,182
|
4.2021 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
22,791
|
4.2140 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
23,312
|
4.0654 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
16,532
|
4.1745 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
16,532
|
4.1755 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
33,064
|
4.1922 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
79,689
|
4.2014 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
243,969
|
4.2087 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
350,000
|
3.9319 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
182,000
|
4.1870 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
840,000
|
4.1906 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
170,606
|
4.2100 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,281
|
4.2200 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
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Details of any indemnity or option arrangement, or any
agreement or understanding,
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formal or informal, relating to relevant securities which may
be an inducement to deal
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
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to
the offer or any person acting in concert with a party to the
offer:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
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Details of any agreement, arrangement or understanding, formal
or informal, between
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the
person making the disclosure and any other person relating
to:
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(i) the voting rights of any relevant securities under
any option; or
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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
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any
derivative is referenced:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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01 Jul 2024
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Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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