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 COMPANY
|
|
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:
|
23
Apr 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:
|
|
|
733,500
|
0.21%
|
655,008
|
0.19%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
339,357
|
0.10%
|
27,615
|
0.01%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,072,857
|
0.31%
|
682,623
|
0.20%
|
(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
|
210,961
|
34.3597 USD
|
common
stock
|
Purchase
|
195,339
|
34.3358 USD
|
common
stock
|
Purchase
|
75,244
|
34.3108 USD
|
common
stock
|
Purchase
|
50,070
|
34.3280 USD
|
common
stock
|
Purchase
|
46,015
|
34.2924 USD
|
common
stock
|
Purchase
|
39,238
|
34.3449 USD
|
common
stock
|
Purchase
|
30,380
|
34.3295 USD
|
common
stock
|
Purchase
|
22,298
|
34.3120 USD
|
common
stock
|
Purchase
|
18,038
|
34.3591 USD
|
common
stock
|
Purchase
|
17,574
|
34.3540 USD
|
common
stock
|
Purchase
|
15,200
|
34.3654 USD
|
common
stock
|
Purchase
|
12,303
|
34.3257 USD
|
common
stock
|
Purchase
|
12,235
|
34.4100 USD
|
common
stock
|
Purchase
|
7,581
|
34.3131 USD
|
common
stock
|
Purchase
|
7,409
|
34.3042 USD
|
common
stock
|
Purchase
|
5,663
|
34.3813 USD
|
common
stock
|
Purchase
|
4,725
|
34.3058 USD
|
common
stock
|
Purchase
|
4,694
|
34.0793 USD
|
common
stock
|
Purchase
|
2,986
|
34.2950 USD
|
common
stock
|
Purchase
|
2,719
|
34.2502 USD
|
common
stock
|
Purchase
|
2,146
|
34.3070 USD
|
common
stock
|
Purchase
|
2,134
|
34.3213 USD
|
common
stock
|
Purchase
|
1,853
|
34.3026 USD
|
common
stock
|
Purchase
|
1,750
|
34.2500 USD
|
common
stock
|
Purchase
|
1,750
|
33.9200 USD
|
common
stock
|
Purchase
|
1,600
|
34.2012 USD
|
common
stock
|
Purchase
|
1,524
|
34.3607 USD
|
common
stock
|
Purchase
|
1,375
|
34.3208 USD
|
common
stock
|
Purchase
|
1,298
|
34.3263 USD
|
common
stock
|
Purchase
|
1,233
|
34.4133 USD
|
common
stock
|
Purchase
|
1,165
|
34.3667 USD
|
common
stock
|
Purchase
|
1,150
|
34.3067 USD
|
common
stock
|
Purchase
|
1,121
|
34.3438 USD
|
common
stock
|
Purchase
|
624
|
34.3777 USD
|
common
stock
|
Purchase
|
419
|
34.3634 USD
|
common
stock
|
Purchase
|
344
|
34.2550 USD
|
common
stock
|
Purchase
|
319
|
34.3112 USD
|
common
stock
|
Purchase
|
300
|
33.9066 USD
|
common
stock
|
Purchase
|
231
|
34.3368 USD
|
common
stock
|
Purchase
|
208
|
34.4200 USD
|
common
stock
|
Purchase
|
191
|
34.3162 USD
|
common
stock
|
Purchase
|
180
|
34.3100 USD
|
common
stock
|
Purchase
|
151
|
34.3680 USD
|
common
stock
|
Purchase
|
144
|
34.4226 USD
|
common
stock
|
Purchase
|
141
|
34.3926 USD
|
common
stock
|
Purchase
|
129
|
34.3000 USD
|
common
stock
|
Purchase
|
117
|
34.3682 USD
|
common
stock
|
Purchase
|
100
|
34.0000 USD
|
common
stock
|
Purchase
|
93
|
34.3019 USD
|
common
stock
|
Purchase
|
79
|
34.3297 USD
|
common
stock
|
Purchase
|
71
|
34.3076 USD
|
common
stock
|
Purchase
|
55
|
34.4300 USD
|
common
stock
|
Purchase
|
30
|
34.4350 USD
|
common
stock
|
Sale
|
305,821
|
34.3444 USD
|
common
stock
|
Sale
|
64,582
|
34.3353 USD
|
common
stock
|
Sale
|
58,144
|
34.3459 USD
|
common
stock
|
Sale
|
49,170
|
34.3265 USD
|
common
stock
|
Sale
|
39,734
|
34.3146 USD
|
common
stock
|
Sale
|
39,238
|
34.3449 USD
|
common
stock
|
Sale
|
25,416
|
34.3357 USD
|
common
stock
|
Sale
|
25,368
|
34.3423 USD
|
common
stock
|
Sale
|
22,318
|
34.3416 USD
|
common
stock
|
Sale
|
16,792
|
34.3354 USD
|
common
stock
|
Sale
|
16,055
|
34.3432 USD
|
common
stock
|
Sale
|
12,338
|
34.3430 USD
|
common
stock
|
Sale
|
12,317
|
34.2323 USD
|
common
stock
|
Sale
|
12,219
|
34.4100 USD
|
common
stock
|
Sale
|
8,282
|
34.3165 USD
|
common
stock
|
Sale
|
7,870
|
34.3159 USD
|
common
stock
|
Sale
|
7,450
|
34.3801 USD
|
common
stock
|
Sale
|
5,513
|
34.2959 USD
|
common
stock
|
Sale
|
4,746
|
34.3727 USD
|
common
stock
|
Sale
|
4,490
|
34.2803 USD
|
common
stock
|
Sale
|
4,394
|
34.3107 USD
|
common
stock
|
Sale
|
4,340
|
34.3076 USD
|
common
stock
|
Sale
|
4,221
|
34.3094 USD
|
common
stock
|
Sale
|
3,829
|
34.2264 USD
|
common
stock
|
Sale
|
3,676
|
34.3209 USD
|
common
stock
|
Sale
|
2,835
|
34.3124 USD
|
common
stock
|
Sale
|
2,423
|
34.3205 USD
|
common
stock
|
Sale
|
2,202
|
34.3953 USD
|
common
stock
|
Sale
|
2,090
|
34.3021 USD
|
common
stock
|
Sale
|
1,750
|
33.9200 USD
|
common
stock
|
Sale
|
1,750
|
34.2500 USD
|
common
stock
|
Sale
|
1,507
|
34.3336 USD
|
common
stock
|
Sale
|
1,338
|
34.3488 USD
|
common
stock
|
Sale
|
1,309
|
34.3460 USD
|
common
stock
|
Sale
|
1,298
|
34.3263 USD
|
common
stock
|
Sale
|
1,297
|
34.3218 USD
|
common
stock
|
Sale
|
1,279
|
34.3615 USD
|
common
stock
|
Sale
|
1,232
|
34.3048 USD
|
common
stock
|
Sale
|
1,177
|
34.3274 USD
|
common
stock
|
Sale
|
1,170
|
34.3256 USD
|
common
stock
|
Sale
|
1,165
|
34.3667 USD
|
common
stock
|
Sale
|
953
|
34.3509 USD
|
common
stock
|
Sale
|
688
|
34.2550 USD
|
common
stock
|
Sale
|
676
|
34.2595 USD
|
common
stock
|
Sale
|
673
|
34.3356 USD
|
common
stock
|
Sale
|
600
|
34.3516 USD
|
common
stock
|
Sale
|
600
|
34.2200 USD
|
common
stock
|
Sale
|
549
|
34.3508 USD
|
common
stock
|
Sale
|
474
|
34.3708 USD
|
common
stock
|
Sale
|
428
|
34.1032 USD
|
common
stock
|
Sale
|
400
|
34.2250 USD
|
common
stock
|
Sale
|
377
|
34.2772 USD
|
common
stock
|
Sale
|
364
|
34.3052 USD
|
common
stock
|
Sale
|
300
|
34.2233 USD
|
common
stock
|
Sale
|
200
|
34.3450 USD
|
common
stock
|
Sale
|
200
|
34.3250 USD
|
common
stock
|
Sale
|
200
|
34.3100 USD
|
common
stock
|
Sale
|
180
|
34.3522 USD
|
common
stock
|
Sale
|
174
|
34.3530 USD
|
common
stock
|
Sale
|
151
|
34.3680 USD
|
common
stock
|
Sale
|
142
|
34.4223 USD
|
common
stock
|
Sale
|
142
|
34.2300 USD
|
common
stock
|
Sale
|
129
|
34.3000 USD
|
common
stock
|
Sale
|
125
|
34.3606 USD
|
common
stock
|
Sale
|
102
|
34.4400 USD
|
common
stock
|
Sale
|
100
|
34.2600 USD
|
common
stock
|
Sale
|
100
|
34.3900 USD
|
common
stock
|
Sale
|
100
|
34.0000 USD
|
common
stock
|
Sale
|
96
|
34.3875 USD
|
common
stock
|
Sale
|
93
|
34.2700 USD
|
common
stock
|
Sale
|
84
|
34.3330 USD
|
common
stock
|
Sale
|
42
|
34.3879 USD
|
common
stock
|
Sale
|
40
|
34.3712 USD
|
common
stock
|
Sale
|
20
|
34.3500 USD
|
common
stock
|
Sale
|
13
|
34.3734 USD
|
common
stock
|
Sale
|
10
|
34.3950 USD
|
common
stock
|
Sale
|
5
|
34.2800 USD
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
common
stock
|
SWAP
|
Increasing Long
|
38,100
|
34.3406 USD
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
|
common
stock
|
Call
Options
|
Selling
|
8,400
|
USD
|
|
|
0.5750 USD
|
common
stock
|
Call
Options
|
Selling
|
1,800
|
USD
|
|
|
0.3000 USD
|
|
|
|
|
|
|
|
|
(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:
|
24 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
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