Form 8.3 - Smith (DS) plc Replacement

FORM 8.3 - Amendment to 2a

Replaces form Released at 27/09/2024 15:25 RNS Number : 0839G

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 Sep 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:

33,406,346

2.42%

26,584,469

1.93%

(2)

Cash-settled derivatives:

and/or controlled:

11,130,675

0.81%

31,980,883

2.32%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

44,537,021

3.23%

58,565,352

4.25%

(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

148,652

4.5838 GBP

10p ordinary

Purchase

140,566

4.5893 GBP

10p ordinary

Purchase

53,715

4.5840 GBP

10p ordinary

Purchase

51,505

4.5981 GBP

10p ordinary

Purchase

37,124

4.5862 GBP

10p ordinary

Purchase

25,975

4.5848 GBP

10p ordinary

Purchase

10,570

4.5951 GBP

10p ordinary

Purchase

8,288

4.5846 GBP

10p ordinary

Purchase

8,207

4.6027 GBP

10p ordinary

Purchase

6,965

4.5807 GBP

10p ordinary

Purchase

5,412

4.5819 GBP

10p ordinary

Purchase

4,854

4.5851 GBP

10p ordinary

Purchase

2,330

4.5769 GBP

10p ordinary

Purchase

1,883

4.5842 GBP

10p ordinary

Purchase

1,735

4.5955 GBP

10p ordinary

Purchase

1,656

4.5849 GBP

10p ordinary

Purchase

1,614

4.5763 GBP

10p ordinary

Purchase

714

4.6060 GBP

10p ordinary

Purchase

625

4.6260 GBP

10p ordinary

Purchase

598

4.6220 GBP

10p ordinary

Purchase

598

4.5980 GBP

10p ordinary

Purchase

32

4.5827 GBP

10p ordinary

Purchase

15

4.5820 GBP

10p ordinary

Sale

43,380

4.5998 GBP

10p ordinary

Sale

25,975

4.5848 GBP

10p ordinary

Sale

19,775

4.5974 GBP

10p ordinary

Sale

19,474

4.5841 GBP

10p ordinary

Sale

17,879

4.5842 GBP

10p ordinary

Sale

14,801

4.5949 GBP

10p ordinary

Sale

11,068

4.5840 GBP

10p ordinary

Sale

4,270

4.6058 GBP

10p ordinary

Sale

3,451

4.5804 GBP

10p ordinary

Sale

3,205

4.5821 GBP

10p ordinary

Sale

2,814

4.6045 GBP

10p ordinary

Sale

2,804

4.5910 GBP

10p ordinary

Sale

1,947

4.6005 GBP

10p ordinary

Sale

1,816

4.5751 GBP

10p ordinary

Sale

1,815

4.5970 GBP

10p ordinary

Sale

1,755

4.5814 GBP

10p ordinary

Sale

1,565

4.5739 GBP

10p ordinary

Sale

1,356

4.5786 GBP

10p ordinary

Sale

1,315

4.5980 GBP

10p ordinary

Sale

634

4.5930 GBP

10p ordinary

Sale

598

4.5940 GBP

10p ordinary

Sale

440

4.5920 GBP

10p ordinary

Sale

159

4.6020 GBP

10p ordinary

Sale

33

4.5820 GBP

10p ordinary

Sale

30

4.5822 GBP

10p ordinary

Sale

13

4.5532 GBP

10p ordinary

Sale

5

4.5620 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 Short

1,816

4.5751 GBP

10p ordinary

SWAP

Decreasing Short

18,842

4.5841 GBP

10p ordinary

SWAP

Decreasing Short

2,804

4.5910 GBP

10p ordinary

SWAP

Decreasing Short

14,801

4.5949 GBP

10p ordinary

SWAP

Decreasing Short

19,775

4.5974 GBP

10p ordinary

SWAP

Decreasing Short

1,315

4.5980 GBP

10p ordinary

SWAP

Decreasing Short

105

4.6060 GBP

10p ordinary

SWAP

Increasing Short

1,614

4.5763 GBP

10p ordinary

SWAP

Increasing Short

2,330

4.5769 GBP

10p ordinary

SWAP

Increasing Short

68,088

4.5840 GBP

10p ordinary

SWAP

Increasing Short

45,992

4.5844 GBP

10p ordinary

SWAP

Increasing Short

1,656

4.5849 GBP

10p ordinary

SWAP

Increasing Short

4,854

4.5851 GBP

10p ordinary

SWAP

Increasing Short

37,124

4.5862 GBP

10p ordinary

SWAP

Increasing Short

140,566

4.5893 GBP

10p ordinary

SWAP

Increasing Short

36,080

4.5949 GBP

10p ordinary

SWAP

Increasing Short

42,747

4.5978 GBP

10p ordinary

CFD

Decreasing Short

13

4.5530 GBP

10p ordinary

CFD

Decreasing Short

1,638

4.5784 GBP

10p ordinary

CFD

Decreasing Short

141

4.5839 GBP

10p ordinary

CFD

Increasing Short

141

4.5839 GBP

10p ordinary

CFD

Increasing Short

25,975

4.5848 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:

27 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213