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:
|
26
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:
|
|
|
20,348,168
|
1.48%
|
7,824,802
|
0.57%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
7,664,070
|
0.56%
|
19,660,361
|
1.43%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
28,012,238
|
2.03%
|
27,485,163
|
1.99%
|
(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
|
689,736
|
3.3979 GBP
|
10p
ordinary
|
Purchase
|
595,152
|
3.3942 GBP
|
10p
ordinary
|
Purchase
|
433,690
|
3.3872 GBP
|
10p
ordinary
|
Purchase
|
387,824
|
3.4000 GBP
|
10p
ordinary
|
Purchase
|
256,455
|
3.3963 GBP
|
10p
ordinary
|
Purchase
|
130,169
|
3.3790 GBP
|
10p
ordinary
|
Purchase
|
76,311
|
3.3858 GBP
|
10p
ordinary
|
Purchase
|
73,893
|
3.3929 GBP
|
10p
ordinary
|
Purchase
|
68,900
|
3.3861 GBP
|
10p
ordinary
|
Purchase
|
53,505
|
3.3848 GBP
|
10p
ordinary
|
Purchase
|
50,312
|
3.3996 GBP
|
10p
ordinary
|
Purchase
|
35,194
|
3.3969 GBP
|
10p
ordinary
|
Purchase
|
29,163
|
3.4003 GBP
|
10p
ordinary
|
Purchase
|
23,010
|
3.3859 GBP
|
10p
ordinary
|
Purchase
|
20,826
|
3.4052 GBP
|
10p
ordinary
|
Purchase
|
18,222
|
3.3782 GBP
|
10p
ordinary
|
Purchase
|
16,000
|
3.4029 GBP
|
10p
ordinary
|
Purchase
|
14,805
|
3.3999 GBP
|
10p
ordinary
|
Purchase
|
13,303
|
3.3886 GBP
|
10p
ordinary
|
Purchase
|
12,982
|
3.4056 GBP
|
10p
ordinary
|
Purchase
|
10,982
|
3.3774 GBP
|
10p
ordinary
|
Purchase
|
9,529
|
3.3755 GBP
|
10p
ordinary
|
Purchase
|
8,558
|
3.3880 GBP
|
10p
ordinary
|
Purchase
|
8,274
|
3.3730 GBP
|
10p
ordinary
|
Purchase
|
7,414
|
3.3765 GBP
|
10p
ordinary
|
Purchase
|
5,594
|
3.3907 GBP
|
10p
ordinary
|
Purchase
|
5,055
|
3.3737 GBP
|
10p
ordinary
|
Purchase
|
4,767
|
3.3743 GBP
|
10p
ordinary
|
Purchase
|
4,712
|
3.4081 GBP
|
10p
ordinary
|
Purchase
|
4,419
|
3.4062 GBP
|
10p
ordinary
|
Purchase
|
2,825
|
3.3947 GBP
|
10p
ordinary
|
Purchase
|
2,799
|
3.4006 GBP
|
10p
ordinary
|
Purchase
|
2,545
|
3.3720 GBP
|
10p
ordinary
|
Purchase
|
1,995
|
3.4060 GBP
|
10p
ordinary
|
Purchase
|
1,808
|
3.3680 GBP
|
10p
ordinary
|
Purchase
|
1,705
|
3.3740 GBP
|
10p
ordinary
|
Purchase
|
1,517
|
3.3960 GBP
|
10p
ordinary
|
Purchase
|
1,472
|
3.4040 GBP
|
10p
ordinary
|
Purchase
|
1,319
|
3.3640 GBP
|
10p
ordinary
|
Purchase
|
1,319
|
3.4048 GBP
|
10p
ordinary
|
Purchase
|
1,301
|
3.3898 GBP
|
10p
ordinary
|
Purchase
|
1,187
|
3.4210 GBP
|
10p
ordinary
|
Purchase
|
978
|
3.3620 GBP
|
10p
ordinary
|
Purchase
|
774
|
3.3700 GBP
|
10p
ordinary
|
Purchase
|
746
|
3.4005 GBP
|
10p
ordinary
|
Purchase
|
446
|
3.3780 GBP
|
10p
ordinary
|
Purchase
|
296
|
3.3980 GBP
|
10p
ordinary
|
Sale
|
343,078
|
3.3740 GBP
|
10p
ordinary
|
Sale
|
261,364
|
3.3896 GBP
|
10p
ordinary
|
Sale
|
260,468
|
3.3932 GBP
|
10p
ordinary
|
Sale
|
229,426
|
3.4000 GBP
|
10p
ordinary
|
Sale
|
162,137
|
3.3936 GBP
|
10p
ordinary
|
Sale
|
156,259
|
3.3825 GBP
|
10p
ordinary
|
Sale
|
108,947
|
3.4001 GBP
|
10p
ordinary
|
Sale
|
87,780
|
3.4031 GBP
|
10p
ordinary
|
Sale
|
69,918
|
3.4003 GBP
|
10p
ordinary
|
Sale
|
50,312
|
3.3996 GBP
|
10p
ordinary
|
Sale
|
48,406
|
3.3882 GBP
|
10p
ordinary
|
Sale
|
33,725
|
3.3917 GBP
|
10p
ordinary
|
Sale
|
26,900
|
3.3732 GBP
|
10p
ordinary
|
Sale
|
26,082
|
3.3933 GBP
|
10p
ordinary
|
Sale
|
6,654
|
3.3686 GBP
|
10p
ordinary
|
Sale
|
6,017
|
3.3738 GBP
|
10p
ordinary
|
Sale
|
5,587
|
3.4040 GBP
|
10p
ordinary
|
Sale
|
3,672
|
3.3852 GBP
|
10p
ordinary
|
Sale
|
2,545
|
3.3720 GBP
|
10p
ordinary
|
Sale
|
2,000
|
3.3660 GBP
|
10p
ordinary
|
Sale
|
1,995
|
3.4060 GBP
|
10p
ordinary
|
Sale
|
1,808
|
3.3680 GBP
|
10p
ordinary
|
Sale
|
1,517
|
3.3960 GBP
|
10p
ordinary
|
Sale
|
1,267
|
3.3734 GBP
|
10p
ordinary
|
Sale
|
1,261
|
3.4090 GBP
|
10p
ordinary
|
Sale
|
978
|
3.3620 GBP
|
10p
ordinary
|
Sale
|
774
|
3.3700 GBP
|
10p
ordinary
|
Sale
|
634
|
3.3820 GBP
|
10p
ordinary
|
Sale
|
586
|
3.3880 GBP
|
10p
ordinary
|
Sale
|
500
|
3.4100 GBP
|
10p
ordinary
|
Sale
|
446
|
3.3780 GBP
|
10p
ordinary
|
Sale
|
7
|
3.3980 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
|
394
|
3.3740 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
746
|
3.4005 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
1,272
|
3.3716 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
2,396
|
3.3735 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
2,799
|
3.4006 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
76,311
|
3.3858 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
8
|
3.3737 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
857
|
3.3763 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,322
|
3.3700 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,000
|
3.3660 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,139
|
3.3777 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,672
|
3.3852 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,057
|
3.3704 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
24,192
|
3.3805 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
27,106
|
3.4023 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
50,312
|
3.3996 GBP
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
87,780
|
3.4031 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
216,456
|
3.4000 GBP
|
10p
ordinary
|
CFD
|
Decreasing Short
|
276,045
|
3.3740 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
634
|
3.3820 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
2,100
|
3.3732 GBP
|
10p
ordinary
|
SWAP
|
Increasing Long
|
65,328
|
3.3740 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
830
|
3.3739 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,187
|
3.4210 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,319
|
3.4048 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,212
|
3.3730 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,419
|
3.4062 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,055
|
3.3737 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
10,982
|
3.3774 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
33,332
|
3.3920 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
48,997
|
3.3889 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
65,917
|
3.3832 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
73,452
|
3.3986 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
74,225
|
3.4051 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
76,083
|
3.3890 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
101,310
|
3.4049 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
172,729
|
3.3840 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
214,590
|
3.3999 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
254,368
|
3.4000 GBP
|
10p
ordinary
|
CFD
|
Increasing Short
|
342,223
|
3.4000 GBP
|
10p
ordinary
|
SWAP
|
Increasing Short
|
416,919
|
3.3942 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:
|
29 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
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|
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