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:
|
07
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:
|
|
|
681,910
|
0.20%
|
788,185
|
0.23%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
464,647
|
0.13%
|
100,125
|
0.03%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,146,557
|
0.33%
|
888,310
|
0.26%
|
(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
|
581,846
|
38.7929 USD
|
common
stock
|
Purchase
|
482,188
|
38.8882 USD
|
common
stock
|
Purchase
|
384,523
|
38.9140 USD
|
common
stock
|
Purchase
|
265,061
|
38.8827 USD
|
common
stock
|
Purchase
|
166,788
|
39.1124 USD
|
common
stock
|
Purchase
|
141,797
|
39.0631 USD
|
common
stock
|
Purchase
|
137,633
|
38.9995 USD
|
common
stock
|
Purchase
|
128,982
|
39.0262 USD
|
common
stock
|
Purchase
|
127,344
|
38.9374 USD
|
common
stock
|
Purchase
|
111,482
|
39.2108 USD
|
common
stock
|
Purchase
|
96,616
|
39.0414 USD
|
common
stock
|
Purchase
|
87,474
|
38.7065 USD
|
common
stock
|
Purchase
|
63,775
|
39.0988 USD
|
common
stock
|
Purchase
|
61,868
|
38.9331 USD
|
common
stock
|
Purchase
|
61,303
|
38.8273 USD
|
common
stock
|
Purchase
|
53,909
|
38.8693 USD
|
common
stock
|
Purchase
|
42,500
|
39.0565 USD
|
common
stock
|
Purchase
|
40,186
|
39.0627 USD
|
common
stock
|
Purchase
|
36,000
|
39.0000 USD
|
common
stock
|
Purchase
|
27,404
|
39.0971 USD
|
common
stock
|
Purchase
|
23,903
|
38.2904 USD
|
common
stock
|
Purchase
|
22,500
|
39.4271 USD
|
common
stock
|
Purchase
|
22,159
|
38.7658 USD
|
common
stock
|
Purchase
|
18,491
|
38.8688 USD
|
common
stock
|
Purchase
|
17,500
|
39.3742 USD
|
common
stock
|
Purchase
|
12,934
|
39.2813 USD
|
common
stock
|
Purchase
|
12,788
|
38.9793 USD
|
common
stock
|
Purchase
|
11,688
|
38.8201 USD
|
common
stock
|
Purchase
|
10,772
|
38.8400 USD
|
common
stock
|
Purchase
|
10,391
|
38.7993 USD
|
common
stock
|
Purchase
|
10,025
|
38.7017 USD
|
common
stock
|
Purchase
|
10,000
|
38.4500 USD
|
common
stock
|
Purchase
|
9,234
|
38.8429 USD
|
common
stock
|
Purchase
|
7,440
|
38.9640 USD
|
common
stock
|
Purchase
|
6,611
|
38.7883 USD
|
common
stock
|
Purchase
|
6,381
|
38.5813 USD
|
common
stock
|
Purchase
|
5,816
|
38.5864 USD
|
common
stock
|
Purchase
|
5,146
|
39.9529 USD
|
common
stock
|
Purchase
|
5,000
|
39.1430 USD
|
common
stock
|
Purchase
|
4,455
|
38.8813 USD
|
common
stock
|
Purchase
|
4,292
|
38.7903 USD
|
common
stock
|
Purchase
|
3,800
|
38.7534 USD
|
common
stock
|
Purchase
|
3,466
|
38.8394 USD
|
common
stock
|
Purchase
|
2,666
|
38.9641 USD
|
common
stock
|
Purchase
|
2,508
|
39.2007 USD
|
common
stock
|
Purchase
|
2,500
|
38.8100 USD
|
common
stock
|
Purchase
|
2,474
|
38.8452 USD
|
common
stock
|
Purchase
|
2,468
|
38.8650 USD
|
common
stock
|
Purchase
|
1,967
|
39.7401 USD
|
common
stock
|
Purchase
|
1,924
|
38.7938 USD
|
common
stock
|
Purchase
|
1,771
|
39.1996 USD
|
common
stock
|
Purchase
|
1,638
|
38.8897 USD
|
common
stock
|
Purchase
|
1,462
|
38.9611 USD
|
common
stock
|
Purchase
|
1,400
|
38.9380 USD
|
common
stock
|
Purchase
|
1,390
|
39.2835 USD
|
common
stock
|
Purchase
|
1,340
|
38.6850 USD
|
common
stock
|
Purchase
|
1,270
|
38.8783 USD
|
common
stock
|
Purchase
|
900
|
38.8077 USD
|
common
stock
|
Purchase
|
842
|
39.0703 USD
|
common
stock
|
Purchase
|
800
|
38.9387 USD
|
common
stock
|
Purchase
|
649
|
38.9885 USD
|
common
stock
|
Purchase
|
578
|
38.4899 USD
|
common
stock
|
Purchase
|
500
|
38.8730 USD
|
common
stock
|
Purchase
|
407
|
38.4201 USD
|
common
stock
|
Purchase
|
396
|
39.7159 USD
|
common
stock
|
Purchase
|
374
|
38.1363 USD
|
common
stock
|
Purchase
|
361
|
38.9608 USD
|
common
stock
|
Purchase
|
300
|
39.1733 USD
|
common
stock
|
Purchase
|
279
|
38.3453 USD
|
common
stock
|
Purchase
|
200
|
38.8525 USD
|
common
stock
|
Purchase
|
200
|
38.5500 USD
|
common
stock
|
Purchase
|
200
|
38.7750 USD
|
common
stock
|
Purchase
|
200
|
39.1500 USD
|
common
stock
|
Purchase
|
200
|
38.7000 USD
|
common
stock
|
Purchase
|
100
|
38.1600 USD
|
common
stock
|
Purchase
|
100
|
38.8500 USD
|
common
stock
|
Purchase
|
100
|
38.5000 USD
|
common
stock
|
Purchase
|
61
|
38.9800 USD
|
common
stock
|
Purchase
|
10
|
38.6200 USD
|
common
stock
|
Purchase
|
4
|
39.0600 USD
|
common
stock
|
Sale
|
469,591
|
38.6011 USD
|
common
stock
|
Sale
|
313,299
|
39.0615 USD
|
common
stock
|
Sale
|
235,419
|
39.1110 USD
|
common
stock
|
Sale
|
218,866
|
38.9747 USD
|
common
stock
|
Sale
|
207,007
|
38.8812 USD
|
common
stock
|
Sale
|
196,581
|
38.8117 USD
|
common
stock
|
Sale
|
195,445
|
39.2337 USD
|
common
stock
|
Sale
|
156,254
|
38.8095 USD
|
common
stock
|
Sale
|
143,000
|
38.8285 USD
|
common
stock
|
Sale
|
142,383
|
38.7470 USD
|
common
stock
|
Sale
|
129,898
|
38.8775 USD
|
common
stock
|
Sale
|
111,782
|
39.2098 USD
|
common
stock
|
Sale
|
89,659
|
39.2415 USD
|
common
stock
|
Sale
|
79,455
|
38.8431 USD
|
common
stock
|
Sale
|
66,444
|
38.9493 USD
|
common
stock
|
Sale
|
53,229
|
39.9617 USD
|
common
stock
|
Sale
|
51,694
|
38.6447 USD
|
common
stock
|
Sale
|
45,161
|
38.8924 USD
|
common
stock
|
Sale
|
36,005
|
39.0000 USD
|
common
stock
|
Sale
|
34,516
|
39.3222 USD
|
common
stock
|
Sale
|
33,383
|
38.8647 USD
|
common
stock
|
Sale
|
27,225
|
38.8614 USD
|
common
stock
|
Sale
|
23,998
|
38.9566 USD
|
common
stock
|
Sale
|
22,500
|
39.4271 USD
|
common
stock
|
Sale
|
20,664
|
38.2894 USD
|
common
stock
|
Sale
|
20,043
|
38.7852 USD
|
common
stock
|
Sale
|
20,010
|
39.6227 USD
|
common
stock
|
Sale
|
17,299
|
39.5106 USD
|
common
stock
|
Sale
|
17,202
|
38.8012 USD
|
common
stock
|
Sale
|
16,649
|
39.0427 USD
|
common
stock
|
Sale
|
16,229
|
38.6095 USD
|
common
stock
|
Sale
|
15,922
|
39.4415 USD
|
common
stock
|
Sale
|
15,881
|
38.8047 USD
|
common
stock
|
Sale
|
14,396
|
39.0944 USD
|
common
stock
|
Sale
|
12,376
|
38.4214 USD
|
common
stock
|
Sale
|
12,364
|
38.6393 USD
|
common
stock
|
Sale
|
12,334
|
38.8683 USD
|
common
stock
|
Sale
|
10,904
|
38.9176 USD
|
common
stock
|
Sale
|
10,727
|
39.2178 USD
|
common
stock
|
Sale
|
10,025
|
38.7017 USD
|
common
stock
|
Sale
|
10,000
|
38.4500 USD
|
common
stock
|
Sale
|
9,001
|
38.3425 USD
|
common
stock
|
Sale
|
7,006
|
38.8661 USD
|
common
stock
|
Sale
|
6,826
|
39.9006 USD
|
common
stock
|
Sale
|
6,826
|
38.9573 USD
|
common
stock
|
Sale
|
6,603
|
38.9932 USD
|
common
stock
|
Sale
|
6,540
|
38.8619 USD
|
common
stock
|
Sale
|
6,381
|
39.9425 USD
|
common
stock
|
Sale
|
6,312
|
38.8400 USD
|
common
stock
|
Sale
|
6,198
|
39.1327 USD
|
common
stock
|
Sale
|
5,666
|
38.9752 USD
|
common
stock
|
Sale
|
5,264
|
38.9487 USD
|
common
stock
|
Sale
|
5,000
|
39.1430 USD
|
common
stock
|
Sale
|
4,486
|
39.2319 USD
|
common
stock
|
Sale
|
3,800
|
38.7534 USD
|
common
stock
|
Sale
|
3,323
|
38.3681 USD
|
common
stock
|
Sale
|
3,296
|
38.8515 USD
|
common
stock
|
Sale
|
3,239
|
38.2968 USD
|
common
stock
|
Sale
|
3,206
|
39.1353 USD
|
common
stock
|
Sale
|
3,104
|
38.8345 USD
|
common
stock
|
Sale
|
2,913
|
38.9716 USD
|
common
stock
|
Sale
|
2,801
|
38.9424 USD
|
common
stock
|
Sale
|
2,800
|
38.9713 USD
|
common
stock
|
Sale
|
2,693
|
38.8383 USD
|
common
stock
|
Sale
|
2,532
|
38.9046 USD
|
common
stock
|
Sale
|
2,500
|
38.8100 USD
|
common
stock
|
Sale
|
2,478
|
39.1234 USD
|
common
stock
|
Sale
|
2,422
|
38.9697 USD
|
common
stock
|
Sale
|
2,330
|
38.3129 USD
|
common
stock
|
Sale
|
2,059
|
39.0354 USD
|
common
stock
|
Sale
|
1,842
|
39.6242 USD
|
common
stock
|
Sale
|
1,605
|
38.7307 USD
|
common
stock
|
Sale
|
1,531
|
38.9317 USD
|
common
stock
|
Sale
|
1,400
|
38.9380 USD
|
common
stock
|
Sale
|
1,270
|
38.8783 USD
|
common
stock
|
Sale
|
1,253
|
39.5323 USD
|
common
stock
|
Sale
|
1,205
|
38.2700 USD
|
common
stock
|
Sale
|
1,000
|
39.6250 USD
|
common
stock
|
Sale
|
953
|
38.9032 USD
|
common
stock
|
Sale
|
842
|
39.0703 USD
|
common
stock
|
Sale
|
800
|
39.0087 USD
|
common
stock
|
Sale
|
713
|
38.9171 USD
|
common
stock
|
Sale
|
701
|
38.8975 USD
|
common
stock
|
Sale
|
614
|
39.0378 USD
|
common
stock
|
Sale
|
590
|
39.6232 USD
|
common
stock
|
Sale
|
558
|
39.6267 USD
|
common
stock
|
Sale
|
500
|
38.8730 USD
|
common
stock
|
Sale
|
400
|
38.9725 USD
|
common
stock
|
Sale
|
400
|
39.4875 USD
|
common
stock
|
Sale
|
400
|
39.6850 USD
|
common
stock
|
Sale
|
400
|
39.6275 USD
|
common
stock
|
Sale
|
374
|
39.7578 USD
|
common
stock
|
Sale
|
361
|
38.9608 USD
|
common
stock
|
Sale
|
301
|
38.5509 USD
|
common
stock
|
Sale
|
300
|
39.4466 USD
|
common
stock
|
Sale
|
300
|
39.6150 USD
|
common
stock
|
Sale
|
265
|
38.8899 USD
|
common
stock
|
Sale
|
263
|
38.9128 USD
|
common
stock
|
Sale
|
249
|
39.0500 USD
|
common
stock
|
Sale
|
246
|
39.1504 USD
|
common
stock
|
Sale
|
200
|
38.2550 USD
|
common
stock
|
Sale
|
200
|
38.7000 USD
|
common
stock
|
Sale
|
200
|
39.6300 USD
|
common
stock
|
Sale
|
200
|
38.5500 USD
|
common
stock
|
Sale
|
152
|
38.7680 USD
|
common
stock
|
Sale
|
132
|
38.6924 USD
|
common
stock
|
Sale
|
129
|
39.3213 USD
|
common
stock
|
Sale
|
100
|
38.3800 USD
|
common
stock
|
Sale
|
100
|
39.6450 USD
|
common
stock
|
Sale
|
100
|
40.0100 USD
|
common
stock
|
Sale
|
100
|
38.8300 USD
|
common
stock
|
Sale
|
100
|
38.5000 USD
|
common
stock
|
Sale
|
100
|
39.0200 USD
|
common
stock
|
Sale
|
100
|
39.8700 USD
|
common
stock
|
Sale
|
98
|
38.7146 USD
|
common
stock
|
Sale
|
95
|
38.7536 USD
|
common
stock
|
Sale
|
81
|
38.8700 USD
|
common
stock
|
Sale
|
61
|
38.7100 USD
|
common
stock
|
Sale
|
50
|
36.9300 USD
|
common
stock
|
Sale
|
22
|
39.0037 USD
|
common
stock
|
Sale
|
20
|
38.8875 USD
|
common
stock
|
Sale
|
18
|
39.3900 USD
|
common
stock
|
Sale
|
15
|
38.9150 USD
|
common
stock
|
Sale
|
10
|
38.9300 USD
|
common
stock
|
Sale
|
8
|
38.8487 USD
|
common
stock
|
Sale
|
5
|
38.8450 USD
|
common
stock
|
Sale
|
5
|
38.6200 USD
|
common
stock
|
Sale
|
4
|
39.0600 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
|
1,222
|
38.2441 USD
|
common
stock
|
SWAP
|
Increasing Long
|
3,067
|
38.5242 USD
|
common
stock
|
SWAP
|
Increasing Long
|
3,068
|
39.0164 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
|
200,000
|
USD
|
|
|
0.4500 USD
|
common
stock
|
Call
Options
|
Selling
|
1,000
|
USD
|
|
|
0.3500 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:
|
08 May 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|