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
relevant securities this form relates:
|
INTERNATIONAL PAPER COMPANY
|
(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:
|
16
Sep 2024
|
(f)
|
In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
|
YES:
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:
|
821,925
|
0.24%
|
457,859
|
0.13%
|
(2)
Cash-settled derivatives:
|
368,872
|
0.11%
|
0
|
0.00%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
123,800
|
0.04%
|
0
|
0.00%
|
TOTAL:
|
1,314,597
|
0.38%
|
457,859
|
0.13%
|
(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 PERSON MAKING THE
DISCLOSURE
|
(a)
|
Purchase and sales
|
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
common
stock
|
Purchase
|
111,443
|
49.8067 USD
|
common
stock
|
Purchase
|
54,449
|
49.7606 USD
|
common
stock
|
Purchase
|
42,105
|
49.8300 USD
|
common
stock
|
Purchase
|
34,516
|
49.6013 USD
|
common
stock
|
Purchase
|
23,750
|
49.6360 USD
|
common
stock
|
Purchase
|
15,251
|
49.5632 USD
|
common
stock
|
Purchase
|
10,085
|
49.1682 USD
|
common
stock
|
Purchase
|
9,608
|
49.8297 USD
|
common
stock
|
Purchase
|
8,878
|
49.6985 USD
|
common
stock
|
Purchase
|
8,457
|
49.6366 USD
|
common
stock
|
Purchase
|
8,255
|
49.7710 USD
|
common
stock
|
Purchase
|
5,706
|
49.7923 USD
|
common
stock
|
Purchase
|
5,450
|
49.1074 USD
|
common
stock
|
Purchase
|
2,773
|
49.2354 USD
|
common
stock
|
Purchase
|
2,300
|
49.9200 USD
|
common
stock
|
Purchase
|
2,216
|
49.5152 USD
|
common
stock
|
Purchase
|
2,039
|
49.7251 USD
|
common
stock
|
Purchase
|
1,815
|
49.9032 USD
|
common
stock
|
Purchase
|
1,493
|
49.7808 USD
|
common
stock
|
Purchase
|
1,065
|
49.8704 USD
|
common
stock
|
Purchase
|
1,000
|
49.8505 USD
|
common
stock
|
Purchase
|
890
|
49.6622 USD
|
common
stock
|
Purchase
|
808
|
49.5518 USD
|
common
stock
|
Purchase
|
743
|
49.7597 USD
|
common
stock
|
Purchase
|
550
|
49.8581 USD
|
common
stock
|
Purchase
|
500
|
49.8270 USD
|
common
stock
|
Purchase
|
500
|
49.6320 USD
|
common
stock
|
Purchase
|
500
|
49.1560 USD
|
common
stock
|
Purchase
|
442
|
49.8401 USD
|
common
stock
|
Purchase
|
420
|
49.8347 USD
|
common
stock
|
Purchase
|
400
|
49.7125 USD
|
common
stock
|
Purchase
|
300
|
49.7966 USD
|
common
stock
|
Purchase
|
300
|
49.3183 USD
|
common
stock
|
Purchase
|
201
|
49.1299 USD
|
common
stock
|
Purchase
|
200
|
49.8125 USD
|
common
stock
|
Purchase
|
200
|
49.9850 USD
|
common
stock
|
Purchase
|
200
|
49.7500 USD
|
common
stock
|
Purchase
|
200
|
49.1780 USD
|
common
stock
|
Purchase
|
179
|
49.5472 USD
|
common
stock
|
Purchase
|
100
|
49.0000 USD
|
common
stock
|
Purchase
|
100
|
49.9100 USD
|
common
stock
|
Purchase
|
100
|
49.2800 USD
|
common
stock
|
Purchase
|
73
|
49.8400 USD
|
common
stock
|
Purchase
|
39
|
49.7400 USD
|
common
stock
|
Purchase
|
30
|
49.1000 USD
|
common
stock
|
Purchase
|
12
|
49.9500 USD
|
common
stock
|
Purchase
|
10
|
49.0400 USD
|
common
stock
|
Purchase
|
10
|
49.4900 USD
|
common
stock
|
Purchase
|
2
|
49.5975 USD
|
common
stock
|
Purchase
|
2
|
49.1200 USD
|
common
stock
|
Sale
|
100,411
|
49.7111 USD
|
common
stock
|
Sale
|
32,999
|
49.8416 USD
|
common
stock
|
Sale
|
32,378
|
49.8300 USD
|
common
stock
|
Sale
|
23,493
|
49.7653 USD
|
common
stock
|
Sale
|
22,416
|
49.7187 USD
|
common
stock
|
Sale
|
20,908
|
49.9113 USD
|
common
stock
|
Sale
|
18,015
|
49.6560 USD
|
common
stock
|
Sale
|
14,767
|
49.6357 USD
|
common
stock
|
Sale
|
10,085
|
49.1682 USD
|
common
stock
|
Sale
|
9,608
|
49.8297 USD
|
common
stock
|
Sale
|
8,423
|
49.6476 USD
|
common
stock
|
Sale
|
7,126
|
49.4799 USD
|
common
stock
|
Sale
|
6,616
|
49.7771 USD
|
common
stock
|
Sale
|
6,422
|
49.7470 USD
|
common
stock
|
Sale
|
5,450
|
49.1074 USD
|
common
stock
|
Sale
|
4,571
|
49.7591 USD
|
common
stock
|
Sale
|
4,085
|
49.7434 USD
|
common
stock
|
Sale
|
3,100
|
49.4419 USD
|
common
stock
|
Sale
|
2,892
|
49.0389 USD
|
common
stock
|
Sale
|
2,773
|
49.2354 USD
|
common
stock
|
Sale
|
2,300
|
49.9200 USD
|
common
stock
|
Sale
|
2,039
|
49.7251 USD
|
common
stock
|
Sale
|
1,996
|
49.2565 USD
|
common
stock
|
Sale
|
1,645
|
49.9116 USD
|
common
stock
|
Sale
|
1,416
|
49.7100 USD
|
common
stock
|
Sale
|
1,000
|
49.9000 USD
|
common
stock
|
Sale
|
976
|
49.4355 USD
|
common
stock
|
Sale
|
600
|
49.0458 USD
|
common
stock
|
Sale
|
597
|
49.8435 USD
|
common
stock
|
Sale
|
596
|
49.8697 USD
|
common
stock
|
Sale
|
577
|
49.7911 USD
|
common
stock
|
Sale
|
500
|
49.1560 USD
|
common
stock
|
Sale
|
488
|
49.8517 USD
|
common
stock
|
Sale
|
300
|
49.0533 USD
|
common
stock
|
Sale
|
300
|
49.3183 USD
|
common
stock
|
Sale
|
296
|
48.9902 USD
|
common
stock
|
Sale
|
201
|
49.1299 USD
|
common
stock
|
Sale
|
200
|
49.1780 USD
|
common
stock
|
Sale
|
200
|
49.9150 USD
|
common
stock
|
Sale
|
194
|
49.8439 USD
|
common
stock
|
Sale
|
147
|
49.0357 USD
|
common
stock
|
Sale
|
120
|
49.9066 USD
|
common
stock
|
Sale
|
102
|
49.0007 USD
|
common
stock
|
Sale
|
100
|
49.0000 USD
|
common
stock
|
Sale
|
100
|
49.8100 USD
|
common
stock
|
Sale
|
79
|
49.0189 USD
|
common
stock
|
Sale
|
58
|
49.0100 USD
|
common
stock
|
Sale
|
30
|
49.1000 USD
|
common
stock
|
Sale
|
13
|
49.9934 USD
|
common
stock
|
Sale
|
12
|
49.9500 USD
|
common
stock
|
Sale
|
10
|
49.0400 USD
|
common
stock
|
Sale
|
7
|
49.8500 USD
|
common
stock
|
Sale
|
5
|
49.2650 USD
|
(b)
|
Cash-settled derivative transactions
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
common
stock
|
SWAP
|
Increasing Long
|
4,974
|
49.0183 USD
|
common
stock
|
SWAP
|
Decreasing Long
|
421
|
49.8324 USD
|
common
stock
|
SWAP
|
Decreasing Long
|
2,903
|
49.8325 USD
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions
(including options)
|
(i)
|
Writing, selling, purchasing or varying
|
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
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
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 person 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?
|
YES
|
Date of disclosure:
|
17 Sep 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUPPLEMENTAL FORM 8 (OPEN
POSITIONS)
|
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
are being disclosed:
|
Barclays PLC.
|
Name of offeror/offeree in relation to whose
relevant securities this from relates:
|
INTERNATIONAL PAPER CO
|
|
|
|
|
|
|
|
|
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
|
Written
|
123,800
|
45.0000
|
American
|
20 Sep
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:
|
|