Form 8.3 - DS SMITH PLC Amend

FORM 8.3 - Amendment to section 3b

Replaces form released on 15:21 02/07/2024

RNS Number : 8507U

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:

01-Jul-24

(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:

29,847,734

2.16%

22,422,347

1.63%

-2

Cash-settled derivatives:

and/or controlled:

9,039,549

0.66%

29,205,152

2.12%

-3

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

38,887,283

2.82%

51,627,499

3.74%

(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

1,002,629

4.1957 GBP

10p ordinary

Purchase

500,000

4.2021 GBP

10p ordinary

Purchase

471,944

4.2154 GBP

10p ordinary

Purchase

397,773

4.2061 GBP

10p ordinary

Purchase

358,000

4.1989 GBP

10p ordinary

Purchase

300,000

4.1959 GBP

10p ordinary

Purchase

178,943

4.1990 GBP

10p ordinary

Purchase

153,284

4.1992 GBP

10p ordinary

Purchase

139,002

4.2070 GBP

10p ordinary

Purchase

89,528

4.2035 GBP

10p ordinary

Purchase

85,037

4.2174 GBP

10p ordinary

Purchase

78,897

4.2158 GBP

10p ordinary

Purchase

74,359

4.2084 GBP

10p ordinary

Purchase

59,570

4.1920 GBP

10p ordinary

Purchase

59,307

4.2044 GBP

10p ordinary

Purchase

59,218

4.2056 GBP

10p ordinary

Purchase

55,514

4.2004 GBP

10p ordinary

Purchase

51,686

4.2125 GBP

10p ordinary

Purchase

47,038

4.1927 GBP

10p ordinary

Purchase

31,903

4.2063 GBP

10p ordinary

Purchase

28,623

4.2170 GBP

10p ordinary

Purchase

28,510

4.2137 GBP

10p ordinary

Purchase

27,757

4.2083 GBP

10p ordinary

Purchase

18,579

4.2120 GBP

10p ordinary

Purchase

17,997

4.2099 GBP

10p ordinary

Purchase

17,385

4.2027 GBP

10p ordinary

Purchase

14,874

4.2045 GBP

10p ordinary

Purchase

13,276

4.2066 GBP

10p ordinary

Purchase

11,951

4.2081 GBP

10p ordinary

Purchase

10,027

4.2042 GBP

10p ordinary

Purchase

6,932

4.2039 GBP

10p ordinary

Purchase

6,473

4.2100 GBP

10p ordinary

Purchase

6,464

4.2074 GBP

10p ordinary

Purchase

5,400

4.1924 GBP

10p ordinary

Purchase

4,399

4.2160 GBP

10p ordinary

Purchase

4,088

4.2165 GBP

10p ordinary

Purchase

3,723

4.2095 GBP

10p ordinary

Purchase

3,689

4.1980 GBP

10p ordinary

Purchase

2,866

4.2040 GBP

10p ordinary

Purchase

2,839

4.2000 GBP

10p ordinary

Purchase

2,596

4.2085 GBP

10p ordinary

Purchase

2,500

4.2104 GBP

10p ordinary

Purchase

2,197

4.2060 GBP

10p ordinary

Purchase

2,164

4.1985 GBP

10p ordinary

Purchase

2,142

4.2180 GBP

10p ordinary

Purchase

1,690

4.2080 GBP

10p ordinary

Purchase

1,609

4.1967 GBP

10p ordinary

Purchase

1,604

4.2041 GBP

10p ordinary

Purchase

1,455

4.2167 GBP

10p ordinary

Purchase

1,393

4.2008 GBP

10p ordinary

Purchase

1,329

4.2020 GBP

10p ordinary

Purchase

1,104

4.2135 GBP

10p ordinary

Purchase

785

4.1968 GBP

10p ordinary

Purchase

739

4.2300 GBP

10p ordinary

Purchase

671

4.2140 GBP

10p ordinary

Sale

249,334

4.2048 GBP

10p ordinary

Sale

216,953

4.1920 GBP

10p ordinary

Sale

202,681

4.2027 GBP

10p ordinary

Sale

153,284

4.1991 GBP

10p ordinary

Sale

151,218

4.2106 GBP

10p ordinary

Sale

140,571

4.2180 GBP

10p ordinary

Sale

107,358

4.2131 GBP

10p ordinary

Sale

66,312

4.1957 GBP

10p ordinary

Sale

61,906

4.2016 GBP

10p ordinary

Sale

56,187

4.2175 GBP

10p ordinary

Sale

51,714

4.2156 GBP

10p ordinary

Sale

34,700

4.2061 GBP

10p ordinary

Sale

32,152

4.2070 GBP

10p ordinary

Sale

27,390

4.2082 GBP

10p ordinary

Sale

18,116

4.2085 GBP

10p ordinary

Sale

17,104

4.2067 GBP

10p ordinary

Sale

16,380

4.2039 GBP

10p ordinary

Sale

14,683

4.2066 GBP

10p ordinary

Sale

13,295

4.1932 GBP

10p ordinary

Sale

9,614

4.2142 GBP

10p ordinary

Sale

8,333

4.2110 GBP

10p ordinary

Sale

5,244

4.2031 GBP

10p ordinary

Sale

4,727

4.2100 GBP

10p ordinary

Sale

4,502

4.2146 GBP

10p ordinary

Sale

4,106

4.2160 GBP

10p ordinary

Sale

3,855

4.1980 GBP

10p ordinary

Sale

3,618

4.2060 GBP

10p ordinary

Sale

3,515

4.2176 GBP

10p ordinary

Sale

3,143

4.2098 GBP

10p ordinary

Sale

2,868

4.2120 GBP

10p ordinary

Sale

2,866

4.2040 GBP

10p ordinary

Sale

2,576

4.2045 GBP

10p ordinary

Sale

2,164

4.1990 GBP

10p ordinary

Sale

1,805

4.2014 GBP

10p ordinary

Sale

1,775

4.2140 GBP

10p ordinary

Sale

1,774

4.2000 GBP

10p ordinary

Sale

1,751

4.2063 GBP

10p ordinary

Sale

1,690

4.2080 GBP

10p ordinary

Sale

1,329

4.2020 GBP

10p ordinary

Sale

1,294

4.2124 GBP

10p ordinary

Sale

1,257

4.2107 GBP

10p ordinary

Sale

1,151

4.2164 GBP

10p ordinary

Sale

1,084

4.2068 GBP

10p ordinary

Sale

854

4.1975 GBP

10p ordinary

Sale

845

4.2170 GBP

10p ordinary

Sale

785

4.1972 GBP

10p ordinary

Sale

770

4.2130 GBP

10p ordinary

Sale

739

4.2300 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

Increasing Long

5,095

4.2024 GBP

10p ordinary

CFD

Decreasing Long

16

4.1918 GBP

10p ordinary

CFD

Decreasing Long

59,554

4.1920 GBP

10p ordinary

CFD

Decreasing Long

153,284

4.1991 GBP

10p ordinary

SWAP

Decreasing Long

4,304

4.2010 GBP

10p ordinary

SWAP

Decreasing Short

95

4.1980 GBP

10p ordinary

SWAP

Decreasing Long

7,800

4.2021 GBP

10p ordinary

SWAP

Increasing Long

13,295

4.1932 GBP

10p ordinary

SWAP

Increasing Long

854

4.1975 GBP

10p ordinary

SWAP

Increasing Long

2,576

4.2045 GBP

10p ordinary

SWAP

Increasing Long

107,358

4.2131 GBP

10p ordinary

SWAP

Increasing Long

1,151

4.2164 GBP

10p ordinary

SWAP

Opening Short

314,940

4.1931 GBP

10p ordinary

SWAP

Increasing Short

160,008

4.1944 GBP

10p ordinary

SWAP

Increasing Short

1,609

4.1967 GBP

10p ordinary

SWAP

Increasing Short

214,669

4.1995 GBP

10p ordinary

SWAP

Increasing Short

55,514

4.2004 GBP

10p ordinary

SWAP

Increasing Short

143,000

4.2021 GBP

10p ordinary

SWAP

Increasing Short

104,944

4.2038 GBP

10p ordinary

SWAP

Increasing Short

123,902

4.2070 GBP

10p ordinary

SWAP

Increasing Short

2,596

4.2085 GBP

10p ordinary

SWAP

Increasing Short

987

4.2100 GBP

10p ordinary

SWAP

Increasing Short

134,500

4.2154 GBP

10p ordinary

SWAP

Increasing Short

759

4.2160 GBP

10p ordinary

SWAP

Increasing Short

25,510

4.2174 GBP

10p ordinary

SWAP

Increasing Long

1,751

4.2063 GBP

10p ordinary

SWAP

Decreasing Long

6,932

4.2039 GBP

10p ordinary

SWAP

Decreasing Long

46,642

4.2052 GBP

10p ordinary

SWAP

Decreasing Long

12,576

4.2071 GBP

10p ordinary

SWAP

Decreasing Short

151,218

4.2106 GBP

10p ordinary

SWAP

Increasing Short

147,235

4.1920 GBP

10p ordinary

SWAP

Increasing Short

522,228

4.1995 GBP

10p ordinary

SWAP

Increasing Short

357,000

4.2021 GBP

10p ordinary

SWAP

Increasing Short

195,899

4.2036 GBP

10p ordinary

SWAP

Increasing Short

22,001

4.2075 GBP

10p ordinary

SWAP

Increasing Short

3,723

4.2095 GBP

10p ordinary

SWAP

Increasing Short

2,500

4.2104 GBP

10p ordinary

SWAP

Increasing Short

336,500

4.2154 GBP

10p ordinary

SWAP

Increasing Short

4,088

4.2165 GBP

10p ordinary

SWAP

Increasing Short

59,527

4.2174 GBP

10p ordinary

SWAP

Increasing Short

32,568

4.2048 GBP

10p ordinary

SWAP

Decreasing Short

99,186

4.2003 GBP

10p ordinary

SWAP

Decreasing Short

20,268

4.1911 GBP

10p ordinary

SWAP

Increasing Short

25,000

3.5952 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:

03-Jul-24

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213