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:
|
09
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:
|
|
|
655,708
|
0.19%
|
813,036
|
0.23%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
429,465
|
0.12%
|
100,125
|
0.03%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,085,173
|
0.31%
|
913,161
|
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
|
294,437
|
39.7900 USD
|
common
stock
|
Purchase
|
241,756
|
39.7869 USD
|
common
stock
|
Purchase
|
79,243
|
39.5779 USD
|
common
stock
|
Purchase
|
78,054
|
39.6625 USD
|
common
stock
|
Purchase
|
63,402
|
39.8154 USD
|
common
stock
|
Purchase
|
62,352
|
39.5586 USD
|
common
stock
|
Purchase
|
57,426
|
39.4906 USD
|
common
stock
|
Purchase
|
46,383
|
39.7057 USD
|
common
stock
|
Purchase
|
36,401
|
39.8347 USD
|
common
stock
|
Purchase
|
32,828
|
39.7790 USD
|
common
stock
|
Purchase
|
23,186
|
39.6525 USD
|
common
stock
|
Purchase
|
21,667
|
39.6802 USD
|
common
stock
|
Purchase
|
20,072
|
39.6707 USD
|
common
stock
|
Purchase
|
18,042
|
39.6891 USD
|
common
stock
|
Purchase
|
18,019
|
39.6554 USD
|
common
stock
|
Purchase
|
16,748
|
39.7174 USD
|
common
stock
|
Purchase
|
16,075
|
39.8390 USD
|
common
stock
|
Purchase
|
11,615
|
39.8153 USD
|
common
stock
|
Purchase
|
9,905
|
39.6694 USD
|
common
stock
|
Purchase
|
9,662
|
39.6334 USD
|
common
stock
|
Purchase
|
9,265
|
39.6940 USD
|
common
stock
|
Purchase
|
8,433
|
39.5995 USD
|
common
stock
|
Purchase
|
5,843
|
39.5208 USD
|
common
stock
|
Purchase
|
5,708
|
39.5238 USD
|
common
stock
|
Purchase
|
5,111
|
39.4711 USD
|
common
stock
|
Purchase
|
5,000
|
39.2569 USD
|
common
stock
|
Purchase
|
4,823
|
39.5381 USD
|
common
stock
|
Purchase
|
4,772
|
39.7087 USD
|
common
stock
|
Purchase
|
3,428
|
39.7215 USD
|
common
stock
|
Purchase
|
3,074
|
39.4794 USD
|
common
stock
|
Purchase
|
2,646
|
39.7988 USD
|
common
stock
|
Purchase
|
2,630
|
39.7517 USD
|
common
stock
|
Purchase
|
2,545
|
39.7819 USD
|
common
stock
|
Purchase
|
2,514
|
39.6857 USD
|
common
stock
|
Purchase
|
2,499
|
39.6992 USD
|
common
stock
|
Purchase
|
2,235
|
39.7956 USD
|
common
stock
|
Purchase
|
2,152
|
39.8357 USD
|
common
stock
|
Purchase
|
2,114
|
39.5629 USD
|
common
stock
|
Purchase
|
2,060
|
39.6535 USD
|
common
stock
|
Purchase
|
1,803
|
39.7044 USD
|
common
stock
|
Purchase
|
1,744
|
39.5810 USD
|
common
stock
|
Purchase
|
1,597
|
39.8132 USD
|
common
stock
|
Purchase
|
1,148
|
39.3969 USD
|
common
stock
|
Purchase
|
925
|
39.6601 USD
|
common
stock
|
Purchase
|
570
|
39.8400 USD
|
common
stock
|
Purchase
|
546
|
39.8200 USD
|
common
stock
|
Purchase
|
403
|
39.5320 USD
|
common
stock
|
Purchase
|
400
|
39.7950 USD
|
common
stock
|
Purchase
|
396
|
39.9400 USD
|
common
stock
|
Purchase
|
390
|
39.7848 USD
|
common
stock
|
Purchase
|
202
|
39.9133 USD
|
common
stock
|
Purchase
|
200
|
39.5610 USD
|
common
stock
|
Purchase
|
120
|
39.6000 USD
|
common
stock
|
Purchase
|
100
|
39.4900 USD
|
common
stock
|
Purchase
|
100
|
39.5300 USD
|
common
stock
|
Purchase
|
100
|
39.6400 USD
|
common
stock
|
Purchase
|
94
|
39.9700 USD
|
common
stock
|
Purchase
|
62
|
39.8350 USD
|
common
stock
|
Purchase
|
48
|
39.7300 USD
|
common
stock
|
Purchase
|
24
|
40.0000 USD
|
common
stock
|
Purchase
|
20
|
39.7000 USD
|
common
stock
|
Purchase
|
9
|
39.6100 USD
|
common
stock
|
Purchase
|
5
|
39.5350 USD
|
common
stock
|
Purchase
|
5
|
39.4500 USD
|
common
stock
|
Purchase
|
4
|
39.4700 USD
|
common
stock
|
Sale
|
239,422
|
39.6858 USD
|
common
stock
|
Sale
|
203,190
|
39.8131 USD
|
common
stock
|
Sale
|
162,760
|
39.7970 USD
|
common
stock
|
Sale
|
82,307
|
39.7894 USD
|
common
stock
|
Sale
|
75,765
|
39.6052 USD
|
common
stock
|
Sale
|
60,000
|
39.4633 USD
|
common
stock
|
Sale
|
51,400
|
39.5662 USD
|
common
stock
|
Sale
|
46,083
|
39.7048 USD
|
common
stock
|
Sale
|
44,310
|
39.5964 USD
|
common
stock
|
Sale
|
42,931
|
39.5752 USD
|
common
stock
|
Sale
|
37,398
|
39.7933 USD
|
common
stock
|
Sale
|
31,640
|
39.8125 USD
|
common
stock
|
Sale
|
25,883
|
39.7528 USD
|
common
stock
|
Sale
|
18,061
|
39.7779 USD
|
common
stock
|
Sale
|
16,075
|
39.8390 USD
|
common
stock
|
Sale
|
15,988
|
39.8399 USD
|
common
stock
|
Sale
|
11,615
|
39.8153 USD
|
common
stock
|
Sale
|
11,044
|
39.7313 USD
|
common
stock
|
Sale
|
10,898
|
39.7243 USD
|
common
stock
|
Sale
|
10,578
|
39.5207 USD
|
common
stock
|
Sale
|
9,876
|
39.5733 USD
|
common
stock
|
Sale
|
9,674
|
39.7420 USD
|
common
stock
|
Sale
|
7,447
|
39.6502 USD
|
common
stock
|
Sale
|
7,324
|
39.7502 USD
|
common
stock
|
Sale
|
5,983
|
39.5119 USD
|
common
stock
|
Sale
|
2,949
|
39.6049 USD
|
common
stock
|
Sale
|
2,726
|
39.5199 USD
|
common
stock
|
Sale
|
2,193
|
39.6533 USD
|
common
stock
|
Sale
|
2,104
|
39.7887 USD
|
common
stock
|
Sale
|
1,882
|
39.7273 USD
|
common
stock
|
Sale
|
1,843
|
39.8357 USD
|
common
stock
|
Sale
|
1,832
|
39.7895 USD
|
common
stock
|
Sale
|
1,311
|
39.6937 USD
|
common
stock
|
Sale
|
1,241
|
39.6419 USD
|
common
stock
|
Sale
|
1,220
|
39.4436 USD
|
common
stock
|
Sale
|
1,196
|
39.8044 USD
|
common
stock
|
Sale
|
1,031
|
39.7486 USD
|
common
stock
|
Sale
|
925
|
39.6601 USD
|
common
stock
|
Sale
|
831
|
39.8400 USD
|
common
stock
|
Sale
|
710
|
39.8295 USD
|
common
stock
|
Sale
|
500
|
39.8200 USD
|
common
stock
|
Sale
|
495
|
39.5135 USD
|
common
stock
|
Sale
|
477
|
39.7684 USD
|
common
stock
|
Sale
|
430
|
39.6925 USD
|
common
stock
|
Sale
|
418
|
39.7493 USD
|
common
stock
|
Sale
|
396
|
39.9400 USD
|
common
stock
|
Sale
|
390
|
39.7848 USD
|
common
stock
|
Sale
|
213
|
39.6491 USD
|
common
stock
|
Sale
|
208
|
39.7218 USD
|
common
stock
|
Sale
|
200
|
39.5610 USD
|
common
stock
|
Sale
|
200
|
39.7600 USD
|
common
stock
|
Sale
|
120
|
39.5175 USD
|
common
stock
|
Sale
|
100
|
39.6545 USD
|
common
stock
|
Sale
|
100
|
39.6525 USD
|
common
stock
|
Sale
|
100
|
39.5300 USD
|
common
stock
|
Sale
|
95
|
39.7930 USD
|
common
stock
|
Sale
|
62
|
39.8350 USD
|
common
stock
|
Sale
|
50
|
39.8300 USD
|
common
stock
|
Sale
|
45
|
39.6455 USD
|
common
stock
|
Sale
|
35
|
39.4842 USD
|
common
stock
|
Sale
|
33
|
39.6518 USD
|
common
stock
|
Sale
|
33
|
39.8360 USD
|
common
stock
|
Sale
|
25
|
39.5320 USD
|
common
stock
|
Sale
|
20
|
39.7675 USD
|
common
stock
|
Sale
|
20
|
39.7000 USD
|
common
stock
|
Sale
|
20
|
39.7725 USD
|
common
stock
|
Sale
|
10
|
39.5350 USD
|
common
stock
|
Sale
|
10
|
39.6350 USD
|
common
stock
|
Sale
|
10
|
39.5650 USD
|
common
stock
|
Sale
|
9
|
39.6100 USD
|
common
stock
|
Sale
|
5
|
39.8250 USD
|
common
stock
|
Sale
|
5
|
39.4300 USD
|
common
stock
|
Sale
|
5
|
39.7300 USD
|
common
stock
|
Sale
|
4
|
39.4700 USD
|
common
stock
|
Sale
|
4
|
39.8100 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
|
|
|
|
|
common
stock
|
Call
Options
|
Selling
|
100
|
USD
|
|
|
1.5500 USD
|
common
stock
|
Call
Options
|
Selling
|
2,000
|
USD
|
|
|
0.5125 USD
|
common
stock
|
Call
Options
|
Purchasing
|
6,700
|
USD
|
|
|
0.4500 USD
|
common
stock
|
Call
Options
|
Selling
|
5,500
|
USD
|
|
|
0.9400 USD
|
common
stock
|
Call
Options
|
Selling
|
5,700
|
USD
|
|
|
0.8043 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:
|
10 May 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
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|
|
|
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