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
|
INTERNATIONAL PAPER CO
|
|
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:
|
02
May 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?
|
DS
SMITH PLC
|
|
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:
|
common stock
|
|
Interests
|
Short
Positions
|
|
Number
|
(%)
|
Number
|
(%)
|
(1)
|
Relevant securities owned
|
|
|
|
|
|
and/or controlled:
|
|
|
747,236
|
0.22%
|
752,683
|
0.22%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
425,250
|
0.12%
|
64,080
|
0.02%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,172,486
|
0.34%
|
816,763
|
0.24%
|
(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
|
|
common
stock
|
Purchase
|
257,344
|
35.7106 USD
|
common
stock
|
Purchase
|
116,151
|
35.7967 USD
|
common
stock
|
Purchase
|
51,552
|
35.8186 USD
|
common
stock
|
Purchase
|
49,040
|
35.6985 USD
|
common
stock
|
Purchase
|
45,794
|
35.8570 USD
|
common
stock
|
Purchase
|
37,862
|
35.7969 USD
|
common
stock
|
Purchase
|
24,998
|
35.5138 USD
|
common
stock
|
Purchase
|
17,300
|
35.2717 USD
|
common
stock
|
Purchase
|
15,021
|
35.9157 USD
|
common
stock
|
Purchase
|
13,258
|
35.8146 USD
|
common
stock
|
Purchase
|
12,793
|
35.8100 USD
|
common
stock
|
Purchase
|
6,030
|
35.9253 USD
|
common
stock
|
Purchase
|
4,478
|
35.5848 USD
|
common
stock
|
Purchase
|
2,443
|
35.3635 USD
|
common
stock
|
Purchase
|
2,323
|
35.7223 USD
|
common
stock
|
Purchase
|
2,249
|
35.5625 USD
|
common
stock
|
Purchase
|
2,206
|
35.5674 USD
|
common
stock
|
Purchase
|
1,600
|
35.3250 USD
|
common
stock
|
Purchase
|
1,515
|
35.6773 USD
|
common
stock
|
Purchase
|
1,455
|
35.9598 USD
|
common
stock
|
Purchase
|
1,320
|
35.4695 USD
|
common
stock
|
Purchase
|
1,165
|
35.8162 USD
|
common
stock
|
Purchase
|
1,004
|
35.6379 USD
|
common
stock
|
Purchase
|
869
|
35.6634 USD
|
common
stock
|
Purchase
|
759
|
35.6476 USD
|
common
stock
|
Purchase
|
643
|
35.3293 USD
|
common
stock
|
Purchase
|
609
|
35.8806 USD
|
common
stock
|
Purchase
|
457
|
35.9047 USD
|
common
stock
|
Purchase
|
400
|
35.8900 USD
|
common
stock
|
Purchase
|
400
|
35.5262 USD
|
common
stock
|
Purchase
|
331
|
35.7425 USD
|
common
stock
|
Purchase
|
300
|
35.8950 USD
|
common
stock
|
Purchase
|
300
|
35.8000 USD
|
common
stock
|
Purchase
|
300
|
35.8300 USD
|
common
stock
|
Purchase
|
248
|
35.6921 USD
|
common
stock
|
Purchase
|
172
|
35.5309 USD
|
common
stock
|
Purchase
|
116
|
35.8200 USD
|
common
stock
|
Purchase
|
90
|
35.2400 USD
|
common
stock
|
Purchase
|
77
|
35.2718 USD
|
common
stock
|
Purchase
|
75
|
35.3889 USD
|
common
stock
|
Purchase
|
65
|
35.3597 USD
|
common
stock
|
Purchase
|
65
|
35.2591 USD
|
common
stock
|
Purchase
|
54
|
35.4622 USD
|
common
stock
|
Purchase
|
50
|
35.5300 USD
|
common
stock
|
Purchase
|
25
|
35.2600 USD
|
common
stock
|
Purchase
|
20
|
35.3515 USD
|
common
stock
|
Purchase
|
15
|
35.3500 USD
|
common
stock
|
Purchase
|
13
|
32.6300 EUR
|
common
stock
|
Purchase
|
1
|
35.3400 USD
|
common
stock
|
Sale
|
146,747
|
35.7377 USD
|
common
stock
|
Sale
|
128,021
|
35.7649 USD
|
common
stock
|
Sale
|
95,480
|
35.8994 USD
|
common
stock
|
Sale
|
70,609
|
35.6972 USD
|
common
stock
|
Sale
|
43,860
|
35.6630 USD
|
common
stock
|
Sale
|
30,206
|
35.7311 USD
|
common
stock
|
Sale
|
25,331
|
35.6812 USD
|
common
stock
|
Sale
|
24,299
|
35.5262 USD
|
common
stock
|
Sale
|
17,300
|
35.2717 USD
|
common
stock
|
Sale
|
13,230
|
35.7167 USD
|
common
stock
|
Sale
|
12,831
|
35.8014 USD
|
common
stock
|
Sale
|
12,100
|
35.2700 USD
|
common
stock
|
Sale
|
10,152
|
35.8100 USD
|
common
stock
|
Sale
|
6,425
|
35.8946 USD
|
common
stock
|
Sale
|
6,175
|
35.8833 USD
|
common
stock
|
Sale
|
6,165
|
35.8111 USD
|
common
stock
|
Sale
|
5,428
|
35.5138 USD
|
common
stock
|
Sale
|
4,944
|
35.8155 USD
|
common
stock
|
Sale
|
3,710
|
35.7070 USD
|
common
stock
|
Sale
|
3,494
|
35.5997 USD
|
common
stock
|
Sale
|
3,435
|
35.7177 USD
|
common
stock
|
Sale
|
2,658
|
35.2783 USD
|
common
stock
|
Sale
|
1,521
|
35.4617 USD
|
common
stock
|
Sale
|
1,515
|
35.6773 USD
|
common
stock
|
Sale
|
1,455
|
35.9598 USD
|
common
stock
|
Sale
|
1,452
|
35.3929 USD
|
common
stock
|
Sale
|
1,361
|
35.4943 USD
|
common
stock
|
Sale
|
1,338
|
35.8150 USD
|
common
stock
|
Sale
|
1,196
|
35.8873 USD
|
common
stock
|
Sale
|
1,174
|
35.8597 USD
|
common
stock
|
Sale
|
1,077
|
35.8136 USD
|
common
stock
|
Sale
|
991
|
35.3205 USD
|
common
stock
|
Sale
|
801
|
35.3250 USD
|
common
stock
|
Sale
|
772
|
35.8892 USD
|
common
stock
|
Sale
|
759
|
35.6476 USD
|
common
stock
|
Sale
|
700
|
35.2714 USD
|
common
stock
|
Sale
|
643
|
35.3293 USD
|
common
stock
|
Sale
|
586
|
35.9300 USD
|
common
stock
|
Sale
|
532
|
35.7788 USD
|
common
stock
|
Sale
|
502
|
35.2780 USD
|
common
stock
|
Sale
|
473
|
35.9700 USD
|
common
stock
|
Sale
|
400
|
35.2750 USD
|
common
stock
|
Sale
|
400
|
35.8900 USD
|
common
stock
|
Sale
|
400
|
35.2775 USD
|
common
stock
|
Sale
|
290
|
35.2400 USD
|
common
stock
|
Sale
|
273
|
35.6396 USD
|
common
stock
|
Sale
|
250
|
35.8200 USD
|
common
stock
|
Sale
|
240
|
35.2900 USD
|
common
stock
|
Sale
|
225
|
35.5788 USD
|
common
stock
|
Sale
|
214
|
35.4321 USD
|
common
stock
|
Sale
|
205
|
35.9500 USD
|
common
stock
|
Sale
|
202
|
35.7862 USD
|
common
stock
|
Sale
|
200
|
35.2800 USD
|
common
stock
|
Sale
|
200
|
35.3150 USD
|
common
stock
|
Sale
|
174
|
35.7226 USD
|
common
stock
|
Sale
|
111
|
35.3213 USD
|
common
stock
|
Sale
|
110
|
35.9372 USD
|
common
stock
|
Sale
|
102
|
35.7900 USD
|
common
stock
|
Sale
|
74
|
35.8054 USD
|
common
stock
|
Sale
|
65
|
35.3600 USD
|
common
stock
|
Sale
|
50
|
35.5300 USD
|
common
stock
|
Sale
|
36
|
35.8927 USD
|
common
stock
|
Sale
|
25
|
35.2600 USD
|
common
stock
|
Sale
|
25
|
35.5980 USD
|
common
stock
|
Sale
|
23
|
35.3100 USD
|
common
stock
|
Sale
|
22
|
35.7468 USD
|
common
stock
|
Sale
|
22
|
35.3200 USD
|
common
stock
|
Sale
|
21
|
35.8000 USD
|
common
stock
|
Sale
|
13
|
32.6300 EUR
|
common
stock
|
Sale
|
10
|
35.3550 USD
|
common
stock
|
Sale
|
10
|
35.8275 USD
|
common
stock
|
Sale
|
8
|
35.2100 USD
|
common
stock
|
Sale
|
5
|
35.9900 USD
|
common
stock
|
Sale
|
5
|
35.8250 USD
|
common
stock
|
Sale
|
5
|
35.7950 USD
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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 May 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|