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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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21
Jan 2025
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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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700,678
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0.20%
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648,203
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0.19%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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544,466
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0.16%
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13,660
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0.00%
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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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35,000
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0.01%
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TOTAL:
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1,245,144
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0.36%
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696,863
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0.20%
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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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180,866
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58.2928 USD
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common
stock
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Purchase
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68,470
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58.4800 USD
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common
stock
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Purchase
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30,028
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58.2683 USD
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common
stock
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Purchase
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22,052
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58.0516 USD
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common
stock
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Purchase
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18,903
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57.9052 USD
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common
stock
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Purchase
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16,233
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57.4214 USD
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common
stock
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Purchase
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12,850
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58.0513 USD
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common
stock
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Purchase
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11,467
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57.8985 USD
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common
stock
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Purchase
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11,068
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58.4736 USD
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common
stock
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Purchase
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8,300
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57.8961 USD
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common
stock
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Purchase
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8,100
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57.4361 USD
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common
stock
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Purchase
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6,772
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57.9921 USD
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common
stock
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Purchase
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6,574
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57.5688 USD
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common
stock
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Purchase
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6,517
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58.1910 USD
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common
stock
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Purchase
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6,439
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58.4691 USD
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common
stock
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Purchase
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5,378
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57.5611 USD
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common
stock
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Purchase
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5,079
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58.3308 USD
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common
stock
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Purchase
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4,905
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57.9648 USD
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common
stock
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Purchase
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4,087
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58.2072 USD
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common
stock
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Purchase
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3,064
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57.8422 USD
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common
stock
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Purchase
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2,217
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57.6886 USD
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common
stock
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Purchase
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1,784
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57.5671 USD
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common
stock
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Purchase
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1,625
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57.8903 USD
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common
stock
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Purchase
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1,370
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58.2737 USD
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common
stock
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Purchase
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1,084
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57.9251 USD
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common
stock
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Purchase
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1,000
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58.1300 USD
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common
stock
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Purchase
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1,000
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58.1500 USD
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common
stock
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Purchase
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998
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58.1442 USD
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common
stock
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Purchase
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976
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57.5729 USD
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common
stock
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Purchase
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966
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58.0769 USD
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common
stock
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Purchase
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935
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58.1972 USD
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common
stock
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Purchase
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687
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58.2940 USD
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common
stock
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Purchase
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669
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57.5626 USD
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common
stock
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Purchase
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628
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57.7793 USD
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common
stock
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Purchase
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509
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57.9726 USD
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common
stock
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Purchase
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509
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57.5580 USD
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common
stock
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Purchase
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458
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57.9024 USD
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common
stock
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Purchase
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313
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58.0215 USD
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common
stock
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Purchase
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200
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58.1700 USD
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common
stock
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Purchase
|
200
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57.7600 USD
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common
stock
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Purchase
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200
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57.9500 USD
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common
stock
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Purchase
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129
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57.4200 USD
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common
stock
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Purchase
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100
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58.2600 USD
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common
stock
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Purchase
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100
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57.6500 USD
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common
stock
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Purchase
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100
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58.2800 USD
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common
stock
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Purchase
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30
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58.2500 USD
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common
stock
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Sale
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84,305
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58.3747 USD
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common
stock
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Sale
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60,645
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58.4800 USD
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common
stock
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Sale
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40,323
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57.4818 USD
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common
stock
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Sale
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36,176
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58.1993 USD
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common
stock
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Sale
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26,562
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58.4589 USD
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common
stock
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Sale
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21,361
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58.1009 USD
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common
stock
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Sale
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20,250
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57.9403 USD
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common
stock
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Sale
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19,136
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58.2083 USD
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common
stock
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Sale
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18,841
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58.1699 USD
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common
stock
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Sale
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18,310
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58.2282 USD
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common
stock
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Sale
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12,850
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58.0513 USD
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common
stock
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Sale
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11,984
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57.6828 USD
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common
stock
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Sale
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11,248
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57.9815 USD
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common
stock
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Sale
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11,068
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58.4736 USD
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common
stock
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Sale
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10,411
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58.0930 USD
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common
stock
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Sale
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9,466
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57.5974 USD
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common
stock
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Sale
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7,815
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58.2107 USD
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common
stock
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Sale
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5,063
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58.1572 USD
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common
stock
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Sale
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4,046
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58.2866 USD
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common
stock
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Sale
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2,530
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58.2047 USD
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common
stock
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Sale
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2,333
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58.3515 USD
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common
stock
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Sale
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1,000
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58.1500 USD
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common
stock
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Sale
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1,000
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58.1300 USD
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common
stock
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Sale
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888
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58.1362 USD
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common
stock
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Sale
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735
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57.8498 USD
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common
stock
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Sale
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628
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57.7793 USD
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common
stock
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Sale
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509
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57.9726 USD
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common
stock
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Sale
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342
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58.0594 USD
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common
stock
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Sale
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320
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57.8264 USD
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common
stock
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Sale
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293
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58.2944 USD
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common
stock
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Sale
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263
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58.0117 USD
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common
stock
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Sale
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258
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58.2300 USD
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common
stock
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Sale
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200
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58.1700 USD
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common
stock
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Sale
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173
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58.2217 USD
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common
stock
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Sale
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129
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57.4200 USD
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common
stock
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Sale
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110
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58.2081 USD
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common
stock
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Sale
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100
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57.4400 USD
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common
stock
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Sale
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100
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57.5200 USD
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common
stock
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Sale
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100
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58.2800 USD
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common
stock
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Sale
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98
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58.4095 USD
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common
stock
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Sale
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14
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58.4200 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
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Number of
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Price per
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relevant
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description
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reference
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unit
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security
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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
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Product
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Writing,
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Number
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
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paid/
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security
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varying etc
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to which
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received
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option
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per unit
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relates
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(ii)
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Exercising
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Class of
relevant
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Product
description
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Exercising/ exercised
against
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Number of
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Exercise price
per
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security
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securities
|
unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of
relevant
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Nature of
Dealings
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Details
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Price per unit
(if
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security
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applicable)
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4.
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OTHER
INFORMATION
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(a)
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Indemnity and other dealings arrangements
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Details of any indemnity or option arrangement, or any
agreement or understanding,
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formal or informal, relating to relevant securities which may
be an inducement to deal
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
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to
the offer or any person acting in concert with a party to the
offer:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
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Details of any agreement, arrangement or understanding, formal
or informal, between
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the
person making the disclosure and any other person relating
to:
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(i) the voting rights of any relevant securities under
any option; or
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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
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any
derivative is referenced:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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YES
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Date of disclosure:
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22 Jan 2025
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Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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DETAILS OF OPEN OPTION AND
DERIVATIVE POSITIONS, AGREEMENTS TO
|
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PURCHASE OR SELL
ETC.
|
|
Note 5(i) on Rule 8 of the
Takeover Code (the "Code")
|
|
1.
|
KEY
INFORMATION
|
|
Identity of the person whose
positions/dealings
|
Barclays PLC.
|
|
are
being disclosed:
|
|
Name of offeror/offeree in relation to whose
|
INTERNATIONAL PAPER COMPANY
|
|
relevant securities this from relates:
|
|
|
|
|
|
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2.
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OPTIONS AND DERIVATIVES
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Class of relevant
security
|
Product
description
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Writing, purchasing, selling,
varying etc
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Number of securities to which
option relates
|
Exercise price per
unit
|
Type
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Expiry date
|
|
common
stock
|
Put
Options
|
Purchased
|
-35,000
|
55.0000
|
American
|
24 Jan
2025
|
|
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3.
|
AGREEMENTS TO PURCHASE OR SELL ETC.
|
|
Full details should be given so that the nature of the
interest or position can be fully understood:
|
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