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
|
|
|
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
|
|
relevant securities this form relates:
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(d)
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If
an exempt fund manager connected with an
|
|
|
offeror/offeree, state this and specify identity
of
|
|
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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31
Jul 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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|
|
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disclosures in respect of any other party to the
offer?
|
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
|
|
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
|
|
|
|
|
|
and/or controlled:
|
|
|
830,841
|
0.24%
|
510,668
|
0.15%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
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and/or controlled:
|
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168,662
|
0.05%
|
0
|
0.00%
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(3)
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Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
24,700
|
0.01%
|
|
|
|
|
|
|
|
|
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TOTAL:
|
|
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999,503
|
0.29%
|
535,368
|
0.15%
|
(b)
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Rights to subscribe for new securities (including directors
and other executive
|
|
|
options)
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|
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|
|
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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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|
|
|
|
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Class of
relevant
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Purchase/sale
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Number of
|
Price per
unit
|
security
|
|
securities
|
|
common
stock
|
Purchase
|
195,609
|
46.4347 USD
|
common
stock
|
Purchase
|
109,797
|
46.4796 USD
|
common
stock
|
Purchase
|
70,790
|
46.1908 USD
|
common
stock
|
Purchase
|
46,155
|
46.0424 USD
|
common
stock
|
Purchase
|
45,398
|
46.4503 USD
|
common
stock
|
Purchase
|
25,439
|
46.1322 USD
|
common
stock
|
Purchase
|
21,599
|
46.3049 USD
|
common
stock
|
Purchase
|
20,723
|
46.1813 USD
|
common
stock
|
Purchase
|
14,886
|
46.4800 USD
|
common
stock
|
Purchase
|
7,190
|
46.4878 USD
|
common
stock
|
Purchase
|
6,399
|
46.4799 USD
|
common
stock
|
Purchase
|
4,977
|
46.5487 USD
|
common
stock
|
Purchase
|
4,376
|
46.2600 USD
|
common
stock
|
Purchase
|
3,855
|
46.4816 USD
|
common
stock
|
Purchase
|
3,715
|
46.4672 USD
|
common
stock
|
Purchase
|
3,319
|
46.4645 USD
|
common
stock
|
Purchase
|
3,079
|
46.4708 USD
|
common
stock
|
Purchase
|
2,850
|
46.4476 USD
|
common
stock
|
Purchase
|
2,047
|
46.4767 USD
|
common
stock
|
Purchase
|
1,484
|
46.1552 USD
|
common
stock
|
Purchase
|
1,191
|
46.5076 USD
|
common
stock
|
Purchase
|
947
|
46.4748 USD
|
common
stock
|
Purchase
|
875
|
46.4175 USD
|
common
stock
|
Purchase
|
804
|
46.4921 USD
|
common
stock
|
Purchase
|
801
|
46.5230 USD
|
common
stock
|
Purchase
|
728
|
46.0516 USD
|
common
stock
|
Purchase
|
530
|
46.4437 USD
|
common
stock
|
Purchase
|
391
|
46.6000 USD
|
common
stock
|
Purchase
|
352
|
46.4940 USD
|
common
stock
|
Purchase
|
321
|
46.3635 USD
|
common
stock
|
Purchase
|
304
|
46.2318 USD
|
common
stock
|
Purchase
|
203
|
46.4667 USD
|
common
stock
|
Purchase
|
200
|
46.0100 USD
|
common
stock
|
Purchase
|
200
|
46.1900 USD
|
common
stock
|
Purchase
|
105
|
46.2122 USD
|
common
stock
|
Purchase
|
100
|
46.5150 USD
|
common
stock
|
Purchase
|
100
|
46.4660 USD
|
common
stock
|
Purchase
|
100
|
45.9600 USD
|
common
stock
|
Purchase
|
90
|
46.4411 USD
|
common
stock
|
Purchase
|
81
|
46.4049 USD
|
common
stock
|
Purchase
|
80
|
46.5818 USD
|
common
stock
|
Purchase
|
72
|
46.3877 USD
|
common
stock
|
Purchase
|
68
|
46.3608 USD
|
common
stock
|
Purchase
|
32
|
46.5250 USD
|
common
stock
|
Purchase
|
30
|
45.9050 USD
|
common
stock
|
Purchase
|
8
|
46.5100 USD
|
common
stock
|
Purchase
|
4
|
46.4300 USD
|
common
stock
|
Purchase
|
3
|
46.3433 USD
|
common
stock
|
Purchase
|
2
|
45.9200 USD
|
common
stock
|
Purchase
|
1
|
46.0200 USD
|
common
stock
|
Sale
|
222,391
|
46.3748 USD
|
common
stock
|
Sale
|
132,239
|
46.4942 USD
|
common
stock
|
Sale
|
50,223
|
46.2891 USD
|
common
stock
|
Sale
|
41,417
|
46.4555 USD
|
common
stock
|
Sale
|
19,493
|
46.0850 USD
|
common
stock
|
Sale
|
13,071
|
46.0244 USD
|
common
stock
|
Sale
|
12,862
|
46.2551 USD
|
common
stock
|
Sale
|
12,431
|
46.0697 USD
|
common
stock
|
Sale
|
10,316
|
46.3493 USD
|
common
stock
|
Sale
|
9,829
|
46.0671 USD
|
common
stock
|
Sale
|
9,593
|
46.4800 USD
|
common
stock
|
Sale
|
8,380
|
46.3476 USD
|
common
stock
|
Sale
|
6,399
|
46.4799 USD
|
common
stock
|
Sale
|
5,974
|
45.9131 USD
|
common
stock
|
Sale
|
5,700
|
46.1624 USD
|
common
stock
|
Sale
|
5,642
|
46.0766 USD
|
common
stock
|
Sale
|
5,259
|
46.0383 USD
|
common
stock
|
Sale
|
4,400
|
46.4524 USD
|
common
stock
|
Sale
|
4,376
|
46.2600 USD
|
common
stock
|
Sale
|
2,957
|
46.3093 USD
|
common
stock
|
Sale
|
2,930
|
46.4777 USD
|
common
stock
|
Sale
|
2,181
|
46.4409 USD
|
common
stock
|
Sale
|
2,010
|
45.9851 USD
|
common
stock
|
Sale
|
1,969
|
46.1957 USD
|
common
stock
|
Sale
|
1,323
|
46.5000 USD
|
common
stock
|
Sale
|
1,215
|
46.1843 USD
|
common
stock
|
Sale
|
999
|
46.1160 USD
|
common
stock
|
Sale
|
801
|
46.5230 USD
|
common
stock
|
Sale
|
778
|
46.5108 USD
|
common
stock
|
Sale
|
700
|
46.5364 USD
|
common
stock
|
Sale
|
600
|
45.9600 USD
|
common
stock
|
Sale
|
500
|
46.3900 USD
|
common
stock
|
Sale
|
479
|
46.0820 USD
|
common
stock
|
Sale
|
470
|
45.9451 USD
|
common
stock
|
Sale
|
385
|
46.3120 USD
|
common
stock
|
Sale
|
304
|
46.2318 USD
|
common
stock
|
Sale
|
300
|
46.5433 USD
|
common
stock
|
Sale
|
222
|
46.3975 USD
|
common
stock
|
Sale
|
200
|
46.4900 USD
|
common
stock
|
Sale
|
182
|
46.6000 USD
|
common
stock
|
Sale
|
175
|
45.9422 USD
|
common
stock
|
Sale
|
102
|
45.8647 USD
|
common
stock
|
Sale
|
83
|
46.1800 USD
|
common
stock
|
Sale
|
53
|
45.8700 USD
|
common
stock
|
Sale
|
15
|
46.1000 USD
|
common
stock
|
Sale
|
15
|
45.9050 USD
|
common
stock
|
Sale
|
11
|
45.9509 USD
|
common
stock
|
Sale
|
4
|
45.6100 USD
|
common
stock
|
Sale
|
3
|
46.3433 USD
|
common
stock
|
Sale
|
2
|
45.9200 USD
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
|
|
|
|
|
|
|
|
|
|
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(c)
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Stock-settled derivative transactions (including
options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
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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
|
13,700
|
43.0000 USD
|
American
|
17 Jan
2025
|
5.6819 USD
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
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Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
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(d)
|
Other dealings (including subscribing for new
securities)
|
|
Class of
relevant
|
Nature of
Dealings
|
Details
|
Price per unit
(if
|
security
|
|
|
applicable)
|
|
|
|
|
4.
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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:
|
|
|
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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:
|
|
|
|
|
|
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NONE
|
(c)
|
Attachments
|
|
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|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
YES
|
Date of disclosure:
|
01 Aug 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
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|
DETAILS OF OPEN OPTION AND
DERIVATIVE POSITIONS, AGREEMENTS TO
|
PURCHASE OR SELL
ETC.
|
Note 5(i) on Rule 8 of the
Takeover Code (the "Code")
|
1.
|
KEY
INFORMATION
|
Identity of the person whose
positions/dealings
|
Barclays PLC.
|
are
being disclosed:
|
Name of offeror/offeree in relation to whose
|
INTERNATIONAL PAPER CO
|
relevant securities this from relates:
|
|
|
|
|
|
|
|
|
2.
|
OPTIONS AND DERIVATIVES
|
Class of relevant
security
|
Product
description
|
Writing, purchasing, selling,
varying etc
|
Number of securities to which
option relates
|
Exercise price per
unit
|
Type
|
Expiry date
|
common
stock
|
Put
Options
|
Purchased
|
-24,700
|
43.0000
|
American
|
16 Aug
2024
|
|
|
|
|
|
|
|
|
3.
|
AGREEMENTS TO PURCHASE OR SELL ETC.
|
Full details should be given so that the nature of the
interest or position can be fully understood:
|
|
|
|
|
|
|
|
|
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