Form 8.3 - Smith (DS) plc Replacement

FORM 8.3 - Amendment to section 2a and 3a

Replaces form released on 10:09 30/08/2024

RNS Number : 3217C

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:

08-Aug-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 CO

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:

33,781,390

2.44%

32,624,905

2.36%

(2) Cash-settled derivatives:

12,097,067

0.88%

33,459,283

2.42%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

45,878,457

3.32%

66,084,188

4.79%

 TOTAL:

(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

Purchase/sale

Number of

Price per unit

 security

 securities

10p ordinary

Purchase

473,416

4.4490 GBP

10p ordinary

Purchase

197,037

4.4338 GBP

10p ordinary

Purchase

163,369

4.4500 GBP

10p ordinary

Purchase

79,926

4.4480 GBP

10p ordinary

Purchase

62,519

4.4508 GBP

10p ordinary

Purchase

30,835

4.4415 GBP

10p ordinary

Purchase

24,251

4.4495 GBP

10p ordinary

Purchase

23,926

4.4499 GBP

10p ordinary

Purchase

20,794

4.4405 GBP

10p ordinary

Purchase

18,797

4.4474 GBP

10p ordinary

Purchase

11,169

4.4343 GBP

10p ordinary

Purchase

4,150

4.4450 GBP

10p ordinary

Purchase

3,345

4.4264 GBP

10p ordinary

Purchase

2,748

4.4558 GBP

10p ordinary

Purchase

2,082

4.4144 GBP

10p ordinary

Purchase

1,569

4.5480 GBP

10p ordinary

Purchase

1,336

4.4601 GBP

10p ordinary

Purchase

1,063

4.4105 GBP

10p ordinary

Purchase

922

4.4510 GBP

10p ordinary

Purchase

650

4.4260 GBP

10p ordinary

Purchase

633

4.4620 GBP

10p ordinary

Purchase

580

4.4210 GBP

10p ordinary

Purchase

567

4.4220 GBP

10p ordinary

Purchase

368

4.4300 GBP

10p ordinary

Purchase

100

4.4463 GBP

10p ordinary

Purchase

32

4.4760 GBP

10p ordinary

Purchase

30

4.4750 GBP

10p ordinary

Purchase

88,760

4.4597 GBP

10p ordinary

Sale

465,331

4.4500 GBP

10p ordinary

Sale

64,303

4.4406 GBP

10p ordinary

Sale

46,851

4.4343 GBP

10p ordinary

Sale

25,892

4.4331 GBP

10p ordinary

Sale

25,411

4.4519 GBP

10p ordinary

Sale

23,951

4.4370 GBP

10p ordinary

Sale

17,137

4.4546 GBP

10p ordinary

Sale

12,670

4.4514 GBP

10p ordinary

Sale

12,322

4.4219 GBP

10p ordinary

Sale

10,888

4.4417 GBP

10p ordinary

Sale

9,714

4.4327 GBP

10p ordinary

Sale

8,258

4.4499 GBP

10p ordinary

Sale

7,890

4.4492 GBP

10p ordinary

Sale

7,444

4.4273 GBP

10p ordinary

Sale

6,609

4.4256 GBP

10p ordinary

Sale

6,501

4.4239 GBP

10p ordinary

Sale

4,750

4.4233 GBP

10p ordinary

Sale

2,928

4.4267 GBP

10p ordinary

Sale

2,374

4.4177 GBP

10p ordinary

Sale

2,055

4.4247 GBP

10p ordinary

Sale

1,626

4.4574 GBP

10p ordinary

Sale

1,569

4.5480 GBP

10p ordinary

Sale

1,460

4.4436 GBP

10p ordinary

Sale

855

4.4200 GBP

10p ordinary

Sale

615

4.4240 GBP

10p ordinary

Sale

368

4.4300 GBP

10p ordinary

Sale

336

4.4620 GBP

10p ordinary

Sale

279

4.4220 GBP

10p ordinary

Sale

103

4.4542 GBP

10p ordinary

Sale

19151

4.4662 GBP

(b)

Cash-settled derivative transactions

Class of

Product description

Nature of dealing

Number of

Price per

 relevant

 reference

 unit

 security

 securities

10p ordinary

CFD

Decreasing Short

5,395

4.4197 GBP

10p ordinary

CFD

Decreasing Short

2,462

4.4435 GBP

10p ordinary

CFD

Decreasing Short

924

4.4500 GBP

10p ordinary

CFD

Decreasing Short

1,569

4.5479 GBP

10p ordinary

CFD

Increasing Short

5,395

4.4125 GBP

10p ordinary

CFD

Increasing Short

162,118

4.4500 GBP

10p ordinary

SWAP

Decreasing Long

100

4.4463 GBP

10p ordinary

SWAP

Opening Long

257,718

4.4500 GBP

10p ordinary

SWAP

Increasing Long

7,749

4.4545 GBP

10p ordinary

SWAP

Closing Long

192,409

4.4482 GBP

10p ordinary

SWAP

Decreasing Long

62,519

4.4508 GBP

10p ordinary

SWAP

Decreasing Short

2,374

4.4177 GBP

10p ordinary

SWAP

Decreasing Short

46,851

4.4343 GBP

10p ordinary

SWAP

Decreasing Short

11,731

4.4487 GBP

10p ordinary

SWAP

Decreasing Short

10,696

4.4507 GBP

10p ordinary

SWAP

Decreasing Short

55

4.5480 GBP

10p ordinary

SWAP

Increasing Short

650

4.4260 GBP

10p ordinary

SWAP

Increasing Short

3,345

4.4264 GBP

10p ordinary

SWAP

Increasing Short

5,763

4.4311 GBP

10p ordinary

SWAP

Increasing Short

79,926

4.4480 GBP

10p ordinary

SWAP

Increasing Short

96,034

4.4500 GBP

10p ordinary

SWAP

Increasing Long

1,626

4.4574 GBP

10p ordinary

SWAP

Decreasing Long

30,835

4.4415 GBP

10p ordinary

SWAP

Decreasing Short

8,258

4.4499 GBP

10p ordinary

SWAP

Decreasing Short

2,961

4.4566 GBP

10p ordinary

SWAP

Increasing Short

20,794

4.4405 GBP

10p ordinary

SWAP

Increasing Short

8,841

4.4417 GBP

10p ordinary

SWAP

Increasing Short

25,940

4.4500 GBP

10p ordinary

SWAP

Decreasing Short

1,537

4.4600 GBP

10p ordinary

SWAP

Decreasing Short

7,519

4.4600 GBP

10p ordinary

SWAP

Increasing Short

27,706

4.4500 GBP

10p ordinary

SWAP

Decreasing Short

100,000

4.4600 GBP

10p ordinary

SWAP

Increasing Short

135,125

4.4540 GBP

10p ordinary

SWAP

Decreasing Short

25,000

4.4540 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 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:

02 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213