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:
|
13
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:
|
|
|
646,587
|
0.19%
|
791,869
|
0.23%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
399,180
|
0.11%
|
100,125
|
0.03%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,045,767
|
0.30%
|
891,994
|
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
|
330,052
|
39.4010 USD
|
common
stock
|
Purchase
|
300,210
|
39.1311 USD
|
common
stock
|
Purchase
|
216,187
|
39.0472 USD
|
common
stock
|
Purchase
|
192,692
|
39.1578 USD
|
common
stock
|
Purchase
|
93,654
|
38.9169 USD
|
common
stock
|
Purchase
|
81,246
|
39.4484 USD
|
common
stock
|
Purchase
|
62,893
|
39.4234 USD
|
common
stock
|
Purchase
|
39,867
|
39.0963 USD
|
common
stock
|
Purchase
|
37,568
|
39.3866 USD
|
common
stock
|
Purchase
|
34,108
|
38.9741 USD
|
common
stock
|
Purchase
|
18,769
|
39.2255 USD
|
common
stock
|
Purchase
|
13,300
|
39.0665 USD
|
common
stock
|
Purchase
|
12,100
|
38.8244 USD
|
common
stock
|
Purchase
|
11,603
|
38.9376 USD
|
common
stock
|
Purchase
|
10,685
|
38.9004 USD
|
common
stock
|
Purchase
|
9,345
|
38.9622 USD
|
common
stock
|
Purchase
|
8,000
|
39.3200 USD
|
common
stock
|
Purchase
|
7,516
|
38.9010 USD
|
common
stock
|
Purchase
|
6,909
|
38.9149 USD
|
common
stock
|
Purchase
|
6,700
|
38.9605 USD
|
common
stock
|
Purchase
|
6,000
|
39.5200 USD
|
common
stock
|
Purchase
|
5,777
|
38.9208 USD
|
common
stock
|
Purchase
|
5,647
|
38.8947 USD
|
common
stock
|
Purchase
|
5,466
|
39.0545 USD
|
common
stock
|
Purchase
|
4,071
|
38.9637 USD
|
common
stock
|
Purchase
|
3,428
|
39.1962 USD
|
common
stock
|
Purchase
|
3,125
|
39.0583 USD
|
common
stock
|
Purchase
|
3,121
|
39.2222 USD
|
common
stock
|
Purchase
|
3,000
|
38.9940 USD
|
common
stock
|
Purchase
|
2,925
|
38.8846 USD
|
common
stock
|
Purchase
|
2,827
|
39.2083 USD
|
common
stock
|
Purchase
|
2,400
|
38.9479 USD
|
common
stock
|
Purchase
|
2,067
|
38.9778 USD
|
common
stock
|
Purchase
|
1,974
|
39.2693 USD
|
common
stock
|
Purchase
|
1,916
|
39.2047 USD
|
common
stock
|
Purchase
|
1,473
|
39.1559 USD
|
common
stock
|
Purchase
|
1,097
|
39.2134 USD
|
common
stock
|
Purchase
|
1,076
|
38.9926 USD
|
common
stock
|
Purchase
|
908
|
39.1524 USD
|
common
stock
|
Purchase
|
886
|
38.9832 USD
|
common
stock
|
Purchase
|
870
|
38.9216 USD
|
common
stock
|
Purchase
|
855
|
39.2411 USD
|
common
stock
|
Purchase
|
716
|
38.9259 USD
|
common
stock
|
Purchase
|
710
|
39.1072 USD
|
common
stock
|
Purchase
|
615
|
39.2428 USD
|
common
stock
|
Purchase
|
555
|
39.1677 USD
|
common
stock
|
Purchase
|
365
|
39.1048 USD
|
common
stock
|
Purchase
|
355
|
39.4209 USD
|
common
stock
|
Purchase
|
336
|
39.1299 USD
|
common
stock
|
Purchase
|
321
|
39.2741 USD
|
common
stock
|
Purchase
|
300
|
39.0000 USD
|
common
stock
|
Purchase
|
214
|
39.3888 USD
|
common
stock
|
Purchase
|
206
|
39.3254 USD
|
common
stock
|
Purchase
|
200
|
38.9050 USD
|
common
stock
|
Purchase
|
200
|
38.8900 USD
|
common
stock
|
Purchase
|
200
|
38.8350 USD
|
common
stock
|
Purchase
|
125
|
39.1536 USD
|
common
stock
|
Purchase
|
115
|
38.9552 USD
|
common
stock
|
Purchase
|
110
|
38.8481 USD
|
common
stock
|
Purchase
|
103
|
38.9300 USD
|
common
stock
|
Purchase
|
103
|
39.2160 USD
|
common
stock
|
Purchase
|
100
|
38.8050 USD
|
common
stock
|
Purchase
|
100
|
39.0400 USD
|
common
stock
|
Purchase
|
100
|
39.5400 USD
|
common
stock
|
Purchase
|
93
|
38.8400 USD
|
common
stock
|
Purchase
|
90
|
39.1350 USD
|
common
stock
|
Purchase
|
86
|
36.0500 EUR
|
common
stock
|
Purchase
|
35
|
39.1192 USD
|
common
stock
|
Purchase
|
20
|
38.8300 USD
|
common
stock
|
Purchase
|
19
|
39.5147 USD
|
common
stock
|
Purchase
|
19
|
39.3982 USD
|
common
stock
|
Purchase
|
5
|
38.8200 USD
|
common
stock
|
Purchase
|
4
|
39.4200 USD
|
common
stock
|
Sale
|
219,736
|
39.4667 USD
|
common
stock
|
Sale
|
108,662
|
39.2864 USD
|
common
stock
|
Sale
|
107,110
|
39.1080 USD
|
common
stock
|
Sale
|
97,206
|
38.9255 USD
|
common
stock
|
Sale
|
93,654
|
38.9169 USD
|
common
stock
|
Sale
|
89,742
|
39.1824 USD
|
common
stock
|
Sale
|
80,387
|
39.4133 USD
|
common
stock
|
Sale
|
61,824
|
39.1562 USD
|
common
stock
|
Sale
|
55,450
|
39.0721 USD
|
common
stock
|
Sale
|
50,044
|
39.2708 USD
|
common
stock
|
Sale
|
49,541
|
39.2454 USD
|
common
stock
|
Sale
|
46,959
|
39.0981 USD
|
common
stock
|
Sale
|
44,700
|
38.7979 USD
|
common
stock
|
Sale
|
39,042
|
39.1666 USD
|
common
stock
|
Sale
|
37,100
|
39.1251 USD
|
common
stock
|
Sale
|
35,484
|
39.1204 USD
|
common
stock
|
Sale
|
33,200
|
38.7827 USD
|
common
stock
|
Sale
|
28,446
|
39.1089 USD
|
common
stock
|
Sale
|
23,790
|
39.1592 USD
|
common
stock
|
Sale
|
22,294
|
39.3094 USD
|
common
stock
|
Sale
|
17,519
|
39.2828 USD
|
common
stock
|
Sale
|
14,933
|
39.4437 USD
|
common
stock
|
Sale
|
13,706
|
39.3082 USD
|
common
stock
|
Sale
|
13,190
|
39.2367 USD
|
common
stock
|
Sale
|
12,733
|
38.9924 USD
|
common
stock
|
Sale
|
12,396
|
39.2260 USD
|
common
stock
|
Sale
|
11,953
|
39.1381 USD
|
common
stock
|
Sale
|
11,466
|
39.2981 USD
|
common
stock
|
Sale
|
10,685
|
38.9004 USD
|
common
stock
|
Sale
|
10,224
|
39.5200 USD
|
common
stock
|
Sale
|
10,200
|
38.7944 USD
|
common
stock
|
Sale
|
9,047
|
39.2571 USD
|
common
stock
|
Sale
|
8,100
|
39.3138 USD
|
common
stock
|
Sale
|
7,733
|
39.1043 USD
|
common
stock
|
Sale
|
7,627
|
39.0700 USD
|
common
stock
|
Sale
|
6,625
|
39.1981 USD
|
common
stock
|
Sale
|
6,451
|
39.2682 USD
|
common
stock
|
Sale
|
6,210
|
39.0955 USD
|
common
stock
|
Sale
|
5,972
|
39.0917 USD
|
common
stock
|
Sale
|
5,465
|
39.1266 USD
|
common
stock
|
Sale
|
5,020
|
39.3295 USD
|
common
stock
|
Sale
|
4,841
|
39.0655 USD
|
common
stock
|
Sale
|
4,797
|
39.0394 USD
|
common
stock
|
Sale
|
3,220
|
38.7024 USD
|
common
stock
|
Sale
|
3,125
|
39.0583 USD
|
common
stock
|
Sale
|
3,079
|
39.3100 USD
|
common
stock
|
Sale
|
2,582
|
39.0988 USD
|
common
stock
|
Sale
|
2,352
|
39.4000 USD
|
common
stock
|
Sale
|
2,286
|
39.3298 USD
|
common
stock
|
Sale
|
2,064
|
39.1975 USD
|
common
stock
|
Sale
|
1,974
|
39.2693 USD
|
common
stock
|
Sale
|
1,800
|
38.9938 USD
|
common
stock
|
Sale
|
1,674
|
39.1383 USD
|
common
stock
|
Sale
|
1,552
|
39.1964 USD
|
common
stock
|
Sale
|
1,473
|
39.1559 USD
|
common
stock
|
Sale
|
1,300
|
39.4782 USD
|
common
stock
|
Sale
|
1,200
|
38.7362 USD
|
common
stock
|
Sale
|
1,108
|
38.7541 USD
|
common
stock
|
Sale
|
1,025
|
39.0756 USD
|
common
stock
|
Sale
|
900
|
38.7366 USD
|
common
stock
|
Sale
|
800
|
39.2456 USD
|
common
stock
|
Sale
|
711
|
39.0865 USD
|
common
stock
|
Sale
|
624
|
38.9700 USD
|
common
stock
|
Sale
|
615
|
39.2428 USD
|
common
stock
|
Sale
|
516
|
39.0345 USD
|
common
stock
|
Sale
|
500
|
38.9320 USD
|
common
stock
|
Sale
|
500
|
38.8120 USD
|
common
stock
|
Sale
|
433
|
39.0177 USD
|
common
stock
|
Sale
|
397
|
39.0300 USD
|
common
stock
|
Sale
|
388
|
39.5112 USD
|
common
stock
|
Sale
|
374
|
39.0561 USD
|
common
stock
|
Sale
|
300
|
38.8816 USD
|
common
stock
|
Sale
|
300
|
39.3866 USD
|
common
stock
|
Sale
|
300
|
39.0000 USD
|
common
stock
|
Sale
|
300
|
38.8000 USD
|
common
stock
|
Sale
|
300
|
39.1800 USD
|
common
stock
|
Sale
|
220
|
39.2244 USD
|
common
stock
|
Sale
|
214
|
39.3888 USD
|
common
stock
|
Sale
|
211
|
39.1005 USD
|
common
stock
|
Sale
|
202
|
39.1181 USD
|
common
stock
|
Sale
|
200
|
38.8350 USD
|
common
stock
|
Sale
|
200
|
38.8100 USD
|
common
stock
|
Sale
|
200
|
39.5000 USD
|
common
stock
|
Sale
|
200
|
39.5049 USD
|
common
stock
|
Sale
|
200
|
38.7700 USD
|
common
stock
|
Sale
|
120
|
38.8300 USD
|
common
stock
|
Sale
|
109
|
39.0200 USD
|
common
stock
|
Sale
|
86
|
36.0500 EUR
|
common
stock
|
Sale
|
55
|
39.1756 USD
|
common
stock
|
Sale
|
5
|
39.1900 USD
|
common
stock
|
Sale
|
1
|
38.6300 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
|
4,624
|
38.9400 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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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:
|
14 May 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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