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:
|
18
Nov 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:
|
|
|
853,015
|
0.25%
|
585,131
|
0.16%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
342,276
|
0.09%
|
13,660
|
0.00%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,195,291
|
0.34%
|
598,791
|
0.16%
|
(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
|
187,500
|
57.9192 USD
|
common
stock
|
Purchase
|
69,684
|
58.0043 USD
|
common
stock
|
Purchase
|
65,557
|
57.8168 USD
|
common
stock
|
Purchase
|
39,650
|
58.0518 USD
|
common
stock
|
Purchase
|
38,318
|
58.0645 USD
|
common
stock
|
Purchase
|
36,540
|
57.7000 USD
|
common
stock
|
Purchase
|
28,276
|
57.6472 USD
|
common
stock
|
Purchase
|
27,803
|
57.8525 USD
|
common
stock
|
Purchase
|
17,475
|
57.7412 USD
|
common
stock
|
Purchase
|
16,474
|
57.7257 USD
|
common
stock
|
Purchase
|
11,775
|
57.9782 USD
|
common
stock
|
Purchase
|
10,649
|
57.9700 USD
|
common
stock
|
Purchase
|
6,462
|
57.6995 USD
|
common
stock
|
Purchase
|
5,920
|
57.9971 USD
|
common
stock
|
Purchase
|
5,769
|
57.6976 USD
|
common
stock
|
Purchase
|
5,246
|
57.7767 USD
|
common
stock
|
Purchase
|
4,541
|
57.9779 USD
|
common
stock
|
Purchase
|
2,887
|
57.7992 USD
|
common
stock
|
Purchase
|
2,271
|
57.9017 USD
|
common
stock
|
Purchase
|
1,770
|
57.7646 USD
|
common
stock
|
Purchase
|
1,513
|
57.9822 USD
|
common
stock
|
Purchase
|
1,489
|
57.6542 USD
|
common
stock
|
Purchase
|
1,450
|
57.7362 USD
|
common
stock
|
Purchase
|
1,253
|
57.6420 USD
|
common
stock
|
Purchase
|
1,218
|
57.8631 USD
|
common
stock
|
Purchase
|
1,201
|
58.0025 USD
|
common
stock
|
Purchase
|
1,036
|
57.8886 USD
|
common
stock
|
Purchase
|
970
|
57.9154 USD
|
common
stock
|
Purchase
|
802
|
57.7090 USD
|
common
stock
|
Purchase
|
671
|
57.9939 USD
|
common
stock
|
Purchase
|
628
|
57.9049 USD
|
common
stock
|
Purchase
|
600
|
57.9633 USD
|
common
stock
|
Purchase
|
540
|
57.5994 USD
|
common
stock
|
Purchase
|
507
|
57.4478 USD
|
common
stock
|
Purchase
|
500
|
57.7564 USD
|
common
stock
|
Purchase
|
467
|
57.9475 USD
|
common
stock
|
Purchase
|
459
|
57.8352 USD
|
common
stock
|
Purchase
|
430
|
57.9127 USD
|
common
stock
|
Purchase
|
424
|
58.0283 USD
|
common
stock
|
Purchase
|
411
|
57.8053 USD
|
common
stock
|
Purchase
|
406
|
57.9699 USD
|
common
stock
|
Purchase
|
377
|
57.8310 USD
|
common
stock
|
Purchase
|
357
|
58.0486 USD
|
common
stock
|
Purchase
|
323
|
58.1600 USD
|
common
stock
|
Purchase
|
321
|
58.1539 USD
|
common
stock
|
Purchase
|
316
|
57.9888 USD
|
common
stock
|
Purchase
|
257
|
57.7663 USD
|
common
stock
|
Purchase
|
154
|
57.4100 USD
|
common
stock
|
Purchase
|
135
|
57.7199 USD
|
common
stock
|
Purchase
|
120
|
58.1283 USD
|
common
stock
|
Purchase
|
110
|
57.7150 USD
|
common
stock
|
Purchase
|
100
|
58.1803 USD
|
common
stock
|
Purchase
|
100
|
57.5400 USD
|
common
stock
|
Purchase
|
100
|
57.7300 USD
|
common
stock
|
Purchase
|
85
|
58.1000 USD
|
common
stock
|
Purchase
|
78
|
57.4450 USD
|
common
stock
|
Purchase
|
78
|
57.7188 USD
|
common
stock
|
Purchase
|
47
|
57.7100 USD
|
common
stock
|
Purchase
|
38
|
57.6800 USD
|
common
stock
|
Purchase
|
24
|
57.7200 USD
|
common
stock
|
Sale
|
375,000
|
57.9192 USD
|
common
stock
|
Sale
|
38,997
|
57.7000 USD
|
common
stock
|
Sale
|
35,310
|
57.6751 USD
|
common
stock
|
Sale
|
27,539
|
57.7716 USD
|
common
stock
|
Sale
|
18,176
|
57.8938 USD
|
common
stock
|
Sale
|
17,574
|
57.7406 USD
|
common
stock
|
Sale
|
15,657
|
57.6998 USD
|
common
stock
|
Sale
|
10,605
|
57.7804 USD
|
common
stock
|
Sale
|
10,326
|
57.9007 USD
|
common
stock
|
Sale
|
7,668
|
57.8615 USD
|
common
stock
|
Sale
|
6,915
|
57.6776 USD
|
common
stock
|
Sale
|
6,866
|
57.9566 USD
|
common
stock
|
Sale
|
6,678
|
57.7906 USD
|
common
stock
|
Sale
|
5,170
|
57.7400 USD
|
common
stock
|
Sale
|
5,010
|
58.0047 USD
|
common
stock
|
Sale
|
3,650
|
57.5207 USD
|
common
stock
|
Sale
|
3,113
|
57.9091 USD
|
common
stock
|
Sale
|
2,214
|
57.7033 USD
|
common
stock
|
Sale
|
2,141
|
57.7403 USD
|
common
stock
|
Sale
|
1,888
|
57.5634 USD
|
common
stock
|
Sale
|
1,244
|
57.5341 USD
|
common
stock
|
Sale
|
1,167
|
57.7979 USD
|
common
stock
|
Sale
|
1,019
|
57.7763 USD
|
common
stock
|
Sale
|
736
|
57.6929 USD
|
common
stock
|
Sale
|
628
|
57.9049 USD
|
common
stock
|
Sale
|
435
|
57.6747 USD
|
common
stock
|
Sale
|
411
|
57.8053 USD
|
common
stock
|
Sale
|
359
|
57.9513 USD
|
common
stock
|
Sale
|
342
|
57.7560 USD
|
common
stock
|
Sale
|
260
|
57.7665 USD
|
common
stock
|
Sale
|
220
|
57.7150 USD
|
common
stock
|
Sale
|
218
|
57.7391 USD
|
common
stock
|
Sale
|
201
|
57.7300 USD
|
common
stock
|
Sale
|
167
|
57.8477 USD
|
common
stock
|
Sale
|
140
|
57.8821 USD
|
common
stock
|
Sale
|
105
|
57.8876 USD
|
common
stock
|
Sale
|
91
|
57.9300 USD
|
common
stock
|
Sale
|
85
|
58.1000 USD
|
common
stock
|
Sale
|
72
|
57.8720 USD
|
common
stock
|
Sale
|
67
|
57.8071 USD
|
common
stock
|
Sale
|
67
|
58.0370 USD
|
common
stock
|
Sale
|
66
|
58.0400 USD
|
common
stock
|
Sale
|
65
|
57.7576 USD
|
common
stock
|
Sale
|
58
|
57.9977 USD
|
common
stock
|
Sale
|
55
|
57.7054 USD
|
common
stock
|
Sale
|
40
|
58.0150 USD
|
common
stock
|
Sale
|
40
|
57.6375 USD
|
common
stock
|
Sale
|
38
|
57.6800 USD
|
common
stock
|
Sale
|
25
|
57.9880 USD
|
common
stock
|
Sale
|
25
|
57.8480 USD
|
common
stock
|
Sale
|
25
|
57.9940 USD
|
common
stock
|
Sale
|
25
|
58.0200 USD
|
common
stock
|
Sale
|
19
|
57.8900 USD
|
common
stock
|
Sale
|
15
|
57.5913 USD
|
common
stock
|
Sale
|
15
|
57.6600 USD
|
common
stock
|
Sale
|
15
|
57.6966 USD
|
common
stock
|
Sale
|
15
|
57.5100 USD
|
common
stock
|
Sale
|
10
|
57.6450 USD
|
common
stock
|
Sale
|
10
|
57.9975 USD
|
common
stock
|
Sale
|
10
|
57.9900 USD
|
common
stock
|
Sale
|
5
|
57.6700 USD
|
common
stock
|
Sale
|
5
|
58.0000 USD
|
common
stock
|
Sale
|
5
|
57.9700 USD
|
common
stock
|
Sale
|
1
|
58.1600 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
|
4,401
|
57.6975 USD
|
common
stock
|
SWAP
|
Increasing Long
|
181
|
57.6990 USD
|
common
stock
|
SWAP
|
Decreasing Long
|
210
|
57.7025 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:
|
19 Nov 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|