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FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
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A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
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MORE
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Rule 8.3 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
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positions disclosed, if different from 1(a):
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(c)
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Name of offeror/offeree in relation to whose
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INTERNATIONAL PAPER COMPANY
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relevant securities this form relates:
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(d)
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If
an exempt fund manager connected with an
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offeror/offeree, state this and specify identity
of
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offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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08
May 2024
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(f)
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In
addition to the company in 1(c) above, is the discloser
making
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YES:
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disclosures in respect of any other party to the
offer?
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DS
SMITH PLC
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2.
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POSITIONS OF THE PERSON MAKING THE DISCLOSURE
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
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to
which the disclosure relates following the dealing(if
any)
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Class of relevant security:
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common stock
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
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Relevant securities owned
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and/or controlled:
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647,700
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0.19%
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784,004
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0.23%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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464,647
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0.13%
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100,125
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0.03%
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(3)
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Stock-settled derivatives (including
options)
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and
agreements to purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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1,112,347
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0.32%
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884,129
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0.25%
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(b)
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Rights to subscribe for new securities (including directors
and other executive
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options)
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Class of relevant security in relation to
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which subscription right exists
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Details, including nature of the rights
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concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
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(a)
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Purchases and sales
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Class of
relevant
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Purchase/sale
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Number of
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Price per
unit
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security
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securities
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common
stock
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Purchase
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340,451
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39.1521 USD
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common
stock
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Purchase
|
92,847
|
39.0718 USD
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common
stock
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Purchase
|
41,932
|
38.9033 USD
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|
common
stock
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Purchase
|
28,789
|
38.6611 USD
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|
common
stock
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Purchase
|
19,800
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38.8054 USD
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|
common
stock
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Purchase
|
17,439
|
38.9042 USD
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|
common
stock
|
Purchase
|
16,884
|
39.1096 USD
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|
common
stock
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Purchase
|
16,471
|
38.9949 USD
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|
common
stock
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Purchase
|
13,162
|
38.9731 USD
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|
common
stock
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Purchase
|
12,524
|
38.9603 USD
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|
common
stock
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Purchase
|
12,331
|
39.2800 USD
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|
common
stock
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Purchase
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7,814
|
38.9454 USD
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|
common
stock
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Purchase
|
7,102
|
39.2590 USD
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common
stock
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Purchase
|
6,012
|
38.8150 USD
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|
common
stock
|
Purchase
|
5,726
|
38.8253 USD
|
|
common
stock
|
Purchase
|
5,071
|
39.0371 USD
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|
common
stock
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Purchase
|
4,694
|
39.0154 USD
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|
common
stock
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Purchase
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3,895
|
39.0450 USD
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|
common
stock
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Purchase
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3,380
|
38.9339 USD
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common
stock
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Purchase
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3,193
|
39.2268 USD
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|
common
stock
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Purchase
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3,092
|
38.8219 USD
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|
common
stock
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Purchase
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2,829
|
38.8234 USD
|
|
common
stock
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Purchase
|
2,640
|
39.2155 USD
|
|
common
stock
|
Purchase
|
2,599
|
38.7717 USD
|
|
common
stock
|
Purchase
|
2,303
|
39.0603 USD
|
|
common
stock
|
Purchase
|
1,719
|
38.7817 USD
|
|
common
stock
|
Purchase
|
1,266
|
39.0994 USD
|
|
common
stock
|
Purchase
|
1,024
|
39.1285 USD
|
|
common
stock
|
Purchase
|
919
|
38.8351 USD
|
|
common
stock
|
Purchase
|
760
|
38.8958 USD
|
|
common
stock
|
Purchase
|
751
|
38.9407 USD
|
|
common
stock
|
Purchase
|
519
|
39.2678 USD
|
|
common
stock
|
Purchase
|
490
|
39.1036 USD
|
|
common
stock
|
Purchase
|
412
|
38.7953 USD
|
|
common
stock
|
Purchase
|
340
|
38.7750 USD
|
|
common
stock
|
Purchase
|
315
|
39.0049 USD
|
|
common
stock
|
Purchase
|
290
|
39.2362 USD
|
|
common
stock
|
Purchase
|
274
|
39.1975 USD
|
|
common
stock
|
Purchase
|
239
|
38.9941 USD
|
|
common
stock
|
Purchase
|
200
|
38.8100 USD
|
|
common
stock
|
Purchase
|
200
|
38.4200 USD
|
|
common
stock
|
Purchase
|
200
|
39.1900 USD
|
|
common
stock
|
Purchase
|
156
|
38.9800 USD
|
|
common
stock
|
Purchase
|
137
|
38.9770 USD
|
|
common
stock
|
Purchase
|
115
|
38.9560 USD
|
|
common
stock
|
Purchase
|
112
|
38.7507 USD
|
|
common
stock
|
Purchase
|
100
|
38.7200 USD
|
|
common
stock
|
Purchase
|
100
|
38.7475 USD
|
|
common
stock
|
Purchase
|
100
|
39.3200 USD
|
|
common
stock
|
Purchase
|
96
|
35.3784 EUR
|
|
common
stock
|
Purchase
|
78
|
38.7408 USD
|
|
common
stock
|
Purchase
|
60
|
39.2100 USD
|
|
common
stock
|
Purchase
|
34
|
38.7508 USD
|
|
common
stock
|
Purchase
|
24
|
38.2867 USD
|
|
common
stock
|
Purchase
|
20
|
38.6400 USD
|
|
common
stock
|
Purchase
|
16
|
38.7700 USD
|
|
common
stock
|
Purchase
|
11
|
38.9700 USD
|
|
common
stock
|
Sale
|
213,451
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39.2200 USD
|
|
common
stock
|
Sale
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159,706
|
39.0054 USD
|
|
common
stock
|
Sale
|
77,771
|
39.0539 USD
|
|
common
stock
|
Sale
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33,789
|
38.7526 USD
|
|
common
stock
|
Sale
|
22,827
|
39.1792 USD
|
|
common
stock
|
Sale
|
21,601
|
38.4556 USD
|
|
common
stock
|
Sale
|
19,800
|
38.8054 USD
|
|
common
stock
|
Sale
|
18,369
|
39.2800 USD
|
|
common
stock
|
Sale
|
17,595
|
39.0250 USD
|
|
common
stock
|
Sale
|
15,502
|
38.7901 USD
|
|
common
stock
|
Sale
|
14,119
|
38.9908 USD
|
|
common
stock
|
Sale
|
13,396
|
39.2354 USD
|
|
common
stock
|
Sale
|
12,679
|
38.9800 USD
|
|
common
stock
|
Sale
|
11,645
|
38.9607 USD
|
|
common
stock
|
Sale
|
8,206
|
39.0183 USD
|
|
common
stock
|
Sale
|
7,623
|
39.2461 USD
|
|
common
stock
|
Sale
|
7,287
|
38.7324 USD
|
|
common
stock
|
Sale
|
6,547
|
38.9820 USD
|
|
common
stock
|
Sale
|
6,524
|
38.7807 USD
|
|
common
stock
|
Sale
|
6,017
|
38.9133 USD
|
|
common
stock
|
Sale
|
2,800
|
38.6420 USD
|
|
common
stock
|
Sale
|
2,604
|
39.1826 USD
|
|
common
stock
|
Sale
|
2,115
|
39.0556 USD
|
|
common
stock
|
Sale
|
1,707
|
39.0595 USD
|
|
common
stock
|
Sale
|
1,443
|
38.4932 USD
|
|
common
stock
|
Sale
|
1,052
|
38.8483 USD
|
|
common
stock
|
Sale
|
1,041
|
38.8657 USD
|
|
common
stock
|
Sale
|
722
|
38.8808 USD
|
|
common
stock
|
Sale
|
680
|
38.7750 USD
|
|
common
stock
|
Sale
|
639
|
38.7646 USD
|
|
common
stock
|
Sale
|
615
|
39.0098 USD
|
|
common
stock
|
Sale
|
597
|
39.0510 USD
|
|
common
stock
|
Sale
|
519
|
39.2678 USD
|
|
common
stock
|
Sale
|
412
|
38.7953 USD
|
|
common
stock
|
Sale
|
405
|
38.7574 USD
|
|
common
stock
|
Sale
|
315
|
39.0049 USD
|
|
common
stock
|
Sale
|
290
|
38.8479 USD
|
|
common
stock
|
Sale
|
274
|
39.1975 USD
|
|
common
stock
|
Sale
|
239
|
38.9941 USD
|
|
common
stock
|
Sale
|
230
|
38.7860 USD
|
|
common
stock
|
Sale
|
200
|
38.8100 USD
|
|
common
stock
|
Sale
|
200
|
38.8550 USD
|
|
common
stock
|
Sale
|
100
|
38.7475 USD
|
|
common
stock
|
Sale
|
100
|
38.9100 USD
|
|
common
stock
|
Sale
|
96
|
35.3784 EUR
|
|
common
stock
|
Sale
|
70
|
39.2313 USD
|
|
common
stock
|
Sale
|
60
|
39.2100 USD
|
|
common
stock
|
Sale
|
42
|
38.8066 USD
|
|
common
stock
|
Sale
|
38
|
39.1800 USD
|
|
common
stock
|
Sale
|
20
|
38.6400 USD
|
|
common
stock
|
Sale
|
9
|
38.3100 USD
|
|
common
stock
|
Sale
|
7
|
39.3000 USD
|
|
common
stock
|
Sale
|
4
|
38.5200 USD
|
|
common
stock
|
Sale
|
3
|
38.8300 USD
|
|
common
stock
|
Sale
|
3
|
38.3500 USD
|
|
common
stock
|
Sale
|
1
|
38.2600 USD
|
|
|
|
|
|
|
|
|
|
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(b)
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Cash-settled derivative transactions
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Class of
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Product
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Nature of
dealing
|
Number of
|
Price per
|
|
relevant
|
description
|
|
reference
|
unit
|
|
security
|
|
|
securities
|
|
|
|
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
|
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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
|
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|
received
|
|
|
|
|
option
|
|
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|
per unit
|
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|
|
|
relates
|
|
|
|
|
|
common
stock
|
Call
Options
|
Selling
|
90,000
|
USD
|
|
|
0.5500 USD
|
|
|
|
|
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(ii)
|
Exercising
|
|
|
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Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
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(d)
|
Other dealings (including subscribing for new
securities)
|
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|
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,
|
|
|
|
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:
|
09 May 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
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