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:
|
31
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:
|
|
|
788,015
|
0.23%
|
547,112
|
0.16%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
286,010
|
0.08%
|
44,055
|
0.01%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,074,025
|
0.31%
|
591,167
|
0.17%
|
(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
|
136,321
|
44.9595 USD
|
common
stock
|
Purchase
|
129,511
|
45.0900 USD
|
common
stock
|
Purchase
|
84,007
|
45.0296 USD
|
common
stock
|
Purchase
|
67,544
|
44.4832 USD
|
common
stock
|
Purchase
|
63,417
|
44.5286 USD
|
common
stock
|
Purchase
|
31,155
|
44.5163 USD
|
common
stock
|
Purchase
|
28,835
|
44.4735 USD
|
common
stock
|
Purchase
|
25,000
|
44.4956 USD
|
common
stock
|
Purchase
|
21,922
|
44.5531 USD
|
common
stock
|
Purchase
|
20,809
|
44.5280 USD
|
common
stock
|
Purchase
|
20,006
|
44.4200 USD
|
common
stock
|
Purchase
|
18,940
|
44.5030 USD
|
common
stock
|
Purchase
|
15,894
|
44.3765 USD
|
common
stock
|
Purchase
|
14,417
|
44.6334 USD
|
common
stock
|
Purchase
|
8,225
|
44.5128 USD
|
common
stock
|
Purchase
|
7,371
|
44.4101 USD
|
common
stock
|
Purchase
|
6,358
|
44.4769 USD
|
common
stock
|
Purchase
|
5,608
|
44.4775 USD
|
common
stock
|
Purchase
|
3,662
|
44.3776 USD
|
common
stock
|
Purchase
|
3,260
|
45.0035 USD
|
common
stock
|
Purchase
|
2,404
|
44.4684 USD
|
common
stock
|
Purchase
|
2,332
|
44.4547 USD
|
common
stock
|
Purchase
|
2,065
|
44.2372 USD
|
common
stock
|
Purchase
|
2,063
|
44.4324 USD
|
common
stock
|
Purchase
|
1,865
|
44.8116 USD
|
common
stock
|
Purchase
|
1,325
|
44.5254 USD
|
common
stock
|
Purchase
|
1,114
|
44.3636 USD
|
common
stock
|
Purchase
|
1,110
|
44.4446 USD
|
common
stock
|
Purchase
|
1,027
|
44.3800 USD
|
common
stock
|
Purchase
|
859
|
44.3829 USD
|
common
stock
|
Purchase
|
816
|
45.0418 USD
|
common
stock
|
Purchase
|
766
|
44.4719 USD
|
common
stock
|
Purchase
|
714
|
44.4776 USD
|
common
stock
|
Purchase
|
618
|
44.8616 USD
|
common
stock
|
Purchase
|
460
|
44.2656 USD
|
common
stock
|
Purchase
|
437
|
44.5012 USD
|
common
stock
|
Purchase
|
412
|
44.4151 USD
|
common
stock
|
Purchase
|
400
|
44.3650 USD
|
common
stock
|
Purchase
|
362
|
44.5107 USD
|
common
stock
|
Purchase
|
340
|
44.3747 USD
|
common
stock
|
Purchase
|
317
|
44.3654 USD
|
common
stock
|
Purchase
|
309
|
44.4695 USD
|
common
stock
|
Purchase
|
306
|
44.3736 USD
|
common
stock
|
Purchase
|
300
|
44.3866 USD
|
common
stock
|
Purchase
|
252
|
44.3740 USD
|
common
stock
|
Purchase
|
200
|
44.4800 USD
|
common
stock
|
Purchase
|
194
|
44.6870 USD
|
common
stock
|
Purchase
|
180
|
44.4400 USD
|
common
stock
|
Purchase
|
165
|
45.0600 USD
|
common
stock
|
Purchase
|
160
|
44.4050 USD
|
common
stock
|
Purchase
|
150
|
44.2500 USD
|
common
stock
|
Purchase
|
129
|
45.1600 USD
|
common
stock
|
Purchase
|
100
|
44.3750 USD
|
common
stock
|
Purchase
|
100
|
44.5000 USD
|
common
stock
|
Purchase
|
96
|
44.3891 USD
|
common
stock
|
Purchase
|
95
|
44.3478 USD
|
common
stock
|
Purchase
|
84
|
44.4168 USD
|
common
stock
|
Purchase
|
70
|
44.1300 USD
|
common
stock
|
Purchase
|
65
|
44.5577 USD
|
common
stock
|
Purchase
|
60
|
44.3683 USD
|
common
stock
|
Purchase
|
60
|
44.1350 USD
|
common
stock
|
Purchase
|
38
|
44.2000 USD
|
common
stock
|
Purchase
|
32
|
45.0193 USD
|
common
stock
|
Purchase
|
27
|
44.3892 USD
|
common
stock
|
Purchase
|
11
|
44.3045 USD
|
common
stock
|
Sale
|
247,325
|
44.7292 USD
|
common
stock
|
Sale
|
124,840
|
45.0900 USD
|
common
stock
|
Sale
|
50,038
|
44.4949 USD
|
common
stock
|
Sale
|
46,828
|
45.0602 USD
|
common
stock
|
Sale
|
40,000
|
44.4200 USD
|
common
stock
|
Sale
|
31,843
|
44.4151 USD
|
common
stock
|
Sale
|
28,363
|
45.0348 USD
|
common
stock
|
Sale
|
23,399
|
44.7289 USD
|
common
stock
|
Sale
|
14,353
|
44.4910 USD
|
common
stock
|
Sale
|
13,828
|
44.4483 USD
|
common
stock
|
Sale
|
12,563
|
44.7506 USD
|
common
stock
|
Sale
|
10,348
|
44.5730 USD
|
common
stock
|
Sale
|
8,922
|
44.6100 USD
|
common
stock
|
Sale
|
8,792
|
44.6782 USD
|
common
stock
|
Sale
|
8,438
|
44.4765 USD
|
common
stock
|
Sale
|
7,288
|
44.5073 USD
|
common
stock
|
Sale
|
6,357
|
45.0714 USD
|
common
stock
|
Sale
|
6,274
|
44.4921 USD
|
common
stock
|
Sale
|
5,902
|
44.3713 USD
|
common
stock
|
Sale
|
4,089
|
44.6730 USD
|
common
stock
|
Sale
|
3,448
|
44.5509 USD
|
common
stock
|
Sale
|
2,306
|
44.7212 USD
|
common
stock
|
Sale
|
2,200
|
44.6168 USD
|
common
stock
|
Sale
|
2,065
|
44.2372 USD
|
common
stock
|
Sale
|
1,913
|
44.6148 USD
|
common
stock
|
Sale
|
1,910
|
44.5775 USD
|
common
stock
|
Sale
|
1,727
|
44.4228 USD
|
common
stock
|
Sale
|
1,716
|
44.6286 USD
|
common
stock
|
Sale
|
1,683
|
44.3768 USD
|
common
stock
|
Sale
|
1,538
|
44.7067 USD
|
common
stock
|
Sale
|
1,455
|
44.6142 USD
|
common
stock
|
Sale
|
1,400
|
44.3200 USD
|
common
stock
|
Sale
|
1,232
|
44.4259 USD
|
common
stock
|
Sale
|
865
|
44.6450 USD
|
common
stock
|
Sale
|
816
|
45.0418 USD
|
common
stock
|
Sale
|
586
|
44.3600 USD
|
common
stock
|
Sale
|
504
|
44.3999 USD
|
common
stock
|
Sale
|
460
|
44.2656 USD
|
common
stock
|
Sale
|
448
|
44.4306 USD
|
common
stock
|
Sale
|
400
|
44.3875 USD
|
common
stock
|
Sale
|
368
|
44.4885 USD
|
common
stock
|
Sale
|
301
|
44.3330 USD
|
common
stock
|
Sale
|
276
|
44.5577 USD
|
common
stock
|
Sale
|
259
|
44.6037 USD
|
common
stock
|
Sale
|
194
|
44.6870 USD
|
common
stock
|
Sale
|
189
|
44.9687 USD
|
common
stock
|
Sale
|
160
|
44.1350 USD
|
common
stock
|
Sale
|
95
|
44.4050 USD
|
common
stock
|
Sale
|
71
|
44.3400 USD
|
common
stock
|
Sale
|
65
|
44.3100 USD
|
common
stock
|
Sale
|
55
|
44.4800 USD
|
common
stock
|
Sale
|
50
|
44.2740 USD
|
common
stock
|
Sale
|
36
|
44.3383 USD
|
common
stock
|
Sale
|
32
|
45.0193 USD
|
common
stock
|
Sale
|
31
|
44.3545 USD
|
common
stock
|
Sale
|
29
|
45.1600 USD
|
common
stock
|
Sale
|
17
|
44.4135 USD
|
common
stock
|
Sale
|
15
|
44.3833 USD
|
common
stock
|
Sale
|
13
|
44.4100 USD
|
common
stock
|
Sale
|
10
|
44.2750 USD
|
common
stock
|
Sale
|
5
|
44.2300 USD
|
common
stock
|
Sale
|
1
|
44.1800 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
|
|
TBD
|
TBD
|
received
|
|
|
|
option
|
|
|
|
per unit
|
|
|
|
relates
|
|
|
|
|
common
stock
|
Call
Options
|
Selling
|
206,400
|
USD
|
|
|
1.1000 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:
|
03 Jun 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
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