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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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15
May 2024
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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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667,354
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0.19%
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578,363
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0.17%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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312,420
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0.09%
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48,060
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0.01%
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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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0
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0.00%
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TOTAL:
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979,774
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0.28%
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626,423
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0.18%
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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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181,000
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39.8500 USD
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common
stock
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Purchase
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181,000
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40.0181 USD
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common
stock
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Purchase
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150,677
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39.7314 USD
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common
stock
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Purchase
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91,779
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39.7100 USD
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common
stock
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Purchase
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74,880
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39.8509 USD
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common
stock
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Purchase
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32,810
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39.8180 USD
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common
stock
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Purchase
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22,162
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39.7188 USD
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common
stock
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Purchase
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20,832
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39.8503 USD
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common
stock
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Purchase
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11,252
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39.8725 USD
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common
stock
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Purchase
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10,960
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39.8282 USD
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common
stock
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Purchase
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8,818
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39.7383 USD
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common
stock
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Purchase
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8,020
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39.8213 USD
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common
stock
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Purchase
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7,194
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39.8338 USD
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common
stock
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Purchase
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6,693
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39.8150 USD
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common
stock
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Purchase
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3,833
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39.8060 USD
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common
stock
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Purchase
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3,353
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39.8772 USD
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common
stock
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Purchase
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3,052
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39.9088 USD
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common
stock
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Purchase
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2,499
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39.8543 USD
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common
stock
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Purchase
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1,223
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39.8319 USD
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common
stock
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Purchase
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646
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39.7979 USD
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common
stock
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Purchase
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576
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39.8491 USD
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common
stock
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Purchase
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337
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39.6986 USD
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common
stock
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Purchase
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300
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39.8933 USD
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common
stock
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Purchase
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300
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39.8350 USD
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common
stock
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Purchase
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300
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39.6388 USD
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common
stock
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Purchase
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233
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39.9044 USD
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common
stock
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Purchase
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175
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40.0007 USD
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common
stock
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Purchase
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154
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39.7000 USD
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common
stock
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Purchase
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144
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39.8863 USD
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common
stock
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Purchase
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107
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36.7700 EUR
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common
stock
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Purchase
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100
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39.6700 USD
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common
stock
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Purchase
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100
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40.2000 USD
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common
stock
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Purchase
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61
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39.8721 USD
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common
stock
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Purchase
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56
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39.8100 USD
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common
stock
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Purchase
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30
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40.0733 USD
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common
stock
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Purchase
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20
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40.1000 USD
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common
stock
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Purchase
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1
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39.7200 USD
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common
stock
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Sale
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224,719
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39.7629 USD
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common
stock
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Sale
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39,433
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39.7100 USD
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common
stock
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Sale
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30,461
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39.7404 USD
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common
stock
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Sale
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21,496
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39.8057 USD
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common
stock
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Sale
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21,100
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39.7104 USD
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common
stock
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Sale
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15,420
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39.8950 USD
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common
stock
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Sale
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14,292
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39.9285 USD
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common
stock
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Sale
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13,219
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39.8439 USD
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common
stock
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Sale
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11,307
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39.7184 USD
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common
stock
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Sale
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10,146
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39.8653 USD
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common
stock
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Sale
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8,861
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40.0110 USD
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common
stock
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Sale
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8,096
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39.8238 USD
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common
stock
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Sale
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7,658
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39.8458 USD
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common
stock
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Sale
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3,543
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39.8723 USD
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common
stock
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Sale
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2,743
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39.7096 USD
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common
stock
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Sale
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2,028
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39.7518 USD
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common
stock
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Sale
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1,877
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39.7866 USD
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common
stock
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Sale
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1,515
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39.8047 USD
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common
stock
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Sale
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1,500
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39.7843 USD
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common
stock
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Sale
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1,294
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39.8523 USD
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common
stock
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Sale
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1,237
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39.9348 USD
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common
stock
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Sale
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1,214
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39.6972 USD
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common
stock
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Sale
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1,035
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39.8676 USD
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common
stock
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Sale
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792
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39.7411 USD
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common
stock
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Sale
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711
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39.8071 USD
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common
stock
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Sale
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576
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39.9372 USD
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common
stock
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Sale
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576
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39.8491 USD
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common
stock
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Sale
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511
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39.9593 USD
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common
stock
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Sale
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493
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39.9114 USD
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common
stock
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Sale
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426
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39.8751 USD
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common
stock
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Sale
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412
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39.8944 USD
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common
stock
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Sale
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394
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39.7790 USD
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common
stock
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Sale
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296
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39.7766 USD
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common
stock
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Sale
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271
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39.7357 USD
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common
stock
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Sale
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262
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39.9140 USD
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common
stock
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Sale
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252
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39.8275 USD
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common
stock
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Sale
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245
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39.8042 USD
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common
stock
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Sale
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235
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39.9168 USD
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common
stock
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Sale
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202
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39.7285 USD
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common
stock
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Sale
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146
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39.7073 USD
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common
stock
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Sale
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144
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39.8863 USD
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common
stock
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Sale
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110
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39.9859 USD
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common
stock
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Sale
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107
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36.7700 EUR
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common
stock
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Sale
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100
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39.6700 USD
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common
stock
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Sale
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100
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39.7000 USD
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common
stock
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Sale
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100
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39.9500 USD
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common
stock
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Sale
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100
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39.6900 USD
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common
stock
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Sale
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88
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39.7800 USD
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common
stock
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Sale
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40
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40.0187 USD
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common
stock
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Sale
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30
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40.0733 USD
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common
stock
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Sale
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25
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39.8100 USD
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common
stock
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Sale
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20
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40.1000 USD
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common
stock
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Sale
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3
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39.9900 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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common
stock
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Call
Options
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Selling
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2,000
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38.0000 USD
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American
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16 Aug
2024
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3.8000 USD
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common
stock
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Call
Options
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Selling
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5,700
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40.0000 USD
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American
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16 Aug
2024
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2.6008 USD
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common
stock
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Put
Options
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Selling
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10,500
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35.0000 USD
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American
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16 Aug
2024
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0.8000 USD
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common
stock
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Call
Options
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Selling
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7,400
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43.0000 USD
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American
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16 Aug
2024
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1.5243 USD
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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?
|
NO
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|
Date of disclosure:
|
16 May 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
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020 3134
7213
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