|
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:
|
22
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:
|
|
|
878,853
|
0.25%
|
581,510
|
0.16%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
344,720
|
0.09%
|
13,660
|
0.00%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,223,573
|
0.34%
|
595,170
|
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
|
56,520
|
59.3884 USD
|
|
common
stock
|
Purchase
|
33,073
|
59.2246 USD
|
|
common
stock
|
Purchase
|
17,488
|
59.4231 USD
|
|
common
stock
|
Purchase
|
16,998
|
59.2647 USD
|
|
common
stock
|
Purchase
|
15,747
|
59.3177 USD
|
|
common
stock
|
Purchase
|
14,063
|
59.3325 USD
|
|
common
stock
|
Purchase
|
12,384
|
59.6769 USD
|
|
common
stock
|
Purchase
|
10,438
|
59.4544 USD
|
|
common
stock
|
Purchase
|
9,710
|
59.3200 USD
|
|
common
stock
|
Purchase
|
8,287
|
59.3114 USD
|
|
common
stock
|
Purchase
|
5,911
|
59.2843 USD
|
|
common
stock
|
Purchase
|
4,002
|
59.2034 USD
|
|
common
stock
|
Purchase
|
3,682
|
59.3257 USD
|
|
common
stock
|
Purchase
|
3,479
|
59.2827 USD
|
|
common
stock
|
Purchase
|
3,397
|
59.5347 USD
|
|
common
stock
|
Purchase
|
2,674
|
59.0420 USD
|
|
common
stock
|
Purchase
|
1,406
|
59.3559 USD
|
|
common
stock
|
Purchase
|
1,093
|
59.3366 USD
|
|
common
stock
|
Purchase
|
1,000
|
58.8900 USD
|
|
common
stock
|
Purchase
|
799
|
59.3496 USD
|
|
common
stock
|
Purchase
|
510
|
59.4215 USD
|
|
common
stock
|
Purchase
|
300
|
59.1291 USD
|
|
common
stock
|
Purchase
|
295
|
59.0039 USD
|
|
common
stock
|
Purchase
|
254
|
59.3500 USD
|
|
common
stock
|
Purchase
|
209
|
59.2715 USD
|
|
common
stock
|
Purchase
|
168
|
59.2300 USD
|
|
common
stock
|
Purchase
|
105
|
59.2133 USD
|
|
common
stock
|
Purchase
|
100
|
59.5900 USD
|
|
common
stock
|
Purchase
|
100
|
58.7800 USD
|
|
common
stock
|
Purchase
|
81
|
59.3417 USD
|
|
common
stock
|
Purchase
|
41
|
59.5907 USD
|
|
common
stock
|
Purchase
|
6
|
59.3775 USD
|
|
common
stock
|
Purchase
|
5
|
59.6300 USD
|
|
common
stock
|
Purchase
|
2
|
58.8100 USD
|
|
common
stock
|
Purchase
|
2
|
59.9000 USD
|
|
common
stock
|
Sale
|
53,335
|
59.2598 USD
|
|
common
stock
|
Sale
|
35,975
|
59.3410 USD
|
|
common
stock
|
Sale
|
22,285
|
59.3120 USD
|
|
common
stock
|
Sale
|
13,768
|
59.4426 USD
|
|
common
stock
|
Sale
|
11,089
|
59.3038 USD
|
|
common
stock
|
Sale
|
9,750
|
59.1608 USD
|
|
common
stock
|
Sale
|
8,052
|
59.3795 USD
|
|
common
stock
|
Sale
|
7,699
|
59.3098 USD
|
|
common
stock
|
Sale
|
6,621
|
59.4981 USD
|
|
common
stock
|
Sale
|
6,260
|
59.7412 USD
|
|
common
stock
|
Sale
|
5,911
|
59.2843 USD
|
|
common
stock
|
Sale
|
5,398
|
59.3934 USD
|
|
common
stock
|
Sale
|
4,079
|
59.3119 USD
|
|
common
stock
|
Sale
|
3,785
|
59.3228 USD
|
|
common
stock
|
Sale
|
3,391
|
59.5875 USD
|
|
common
stock
|
Sale
|
3,230
|
59.5966 USD
|
|
common
stock
|
Sale
|
2,602
|
59.4732 USD
|
|
common
stock
|
Sale
|
2,179
|
59.5683 USD
|
|
common
stock
|
Sale
|
1,852
|
59.4996 USD
|
|
common
stock
|
Sale
|
1,759
|
59.4251 USD
|
|
common
stock
|
Sale
|
1,737
|
59.0521 USD
|
|
common
stock
|
Sale
|
1,648
|
59.3236 USD
|
|
common
stock
|
Sale
|
1,365
|
59.4449 USD
|
|
common
stock
|
Sale
|
1,192
|
59.4719 USD
|
|
common
stock
|
Sale
|
1,187
|
59.5272 USD
|
|
common
stock
|
Sale
|
1,057
|
59.4401 USD
|
|
common
stock
|
Sale
|
1,032
|
59.3094 USD
|
|
common
stock
|
Sale
|
1,000
|
58.8900 USD
|
|
common
stock
|
Sale
|
977
|
59.4879 USD
|
|
common
stock
|
Sale
|
948
|
59.3200 USD
|
|
common
stock
|
Sale
|
765
|
59.5251 USD
|
|
common
stock
|
Sale
|
735
|
59.7005 USD
|
|
common
stock
|
Sale
|
702
|
59.5663 USD
|
|
common
stock
|
Sale
|
700
|
59.4292 USD
|
|
common
stock
|
Sale
|
700
|
59.5971 USD
|
|
common
stock
|
Sale
|
473
|
59.1882 USD
|
|
common
stock
|
Sale
|
452
|
58.8092 USD
|
|
common
stock
|
Sale
|
421
|
59.5002 USD
|
|
common
stock
|
Sale
|
400
|
59.3412 USD
|
|
common
stock
|
Sale
|
300
|
59.1400 USD
|
|
common
stock
|
Sale
|
300
|
59.3433 USD
|
|
common
stock
|
Sale
|
298
|
58.7387 USD
|
|
common
stock
|
Sale
|
286
|
59.4440 USD
|
|
common
stock
|
Sale
|
209
|
59.2715 USD
|
|
common
stock
|
Sale
|
204
|
59.4419 USD
|
|
common
stock
|
Sale
|
202
|
58.8138 USD
|
|
common
stock
|
Sale
|
200
|
59.1250 USD
|
|
common
stock
|
Sale
|
200
|
59.8475 USD
|
|
common
stock
|
Sale
|
170
|
58.7850 USD
|
|
common
stock
|
Sale
|
139
|
58.9951 USD
|
|
common
stock
|
Sale
|
136
|
59.5900 USD
|
|
common
stock
|
Sale
|
136
|
59.5450 USD
|
|
common
stock
|
Sale
|
125
|
59.2200 USD
|
|
common
stock
|
Sale
|
114
|
58.8500 USD
|
|
common
stock
|
Sale
|
110
|
59.7136 USD
|
|
common
stock
|
Sale
|
110
|
59.3505 USD
|
|
common
stock
|
Sale
|
100
|
58.9500 USD
|
|
common
stock
|
Sale
|
100
|
59.1500 USD
|
|
common
stock
|
Sale
|
100
|
59.1200 USD
|
|
common
stock
|
Sale
|
78
|
59.3894 USD
|
|
common
stock
|
Sale
|
68
|
59.7000 USD
|
|
common
stock
|
Sale
|
68
|
59.7500 USD
|
|
common
stock
|
Sale
|
64
|
59.4900 USD
|
|
common
stock
|
Sale
|
58
|
58.9782 USD
|
|
common
stock
|
Sale
|
57
|
58.8800 USD
|
|
common
stock
|
Sale
|
54
|
59.3500 USD
|
|
common
stock
|
Sale
|
51
|
58.8694 USD
|
|
common
stock
|
Sale
|
36
|
59.8700 USD
|
|
common
stock
|
Sale
|
17
|
58.7300 USD
|
|
common
stock
|
Sale
|
14
|
59.2300 USD
|
|
common
stock
|
Sale
|
13
|
59.3192 USD
|
|
common
stock
|
Sale
|
10
|
59.4100 USD
|
|
common
stock
|
Sale
|
10
|
59.5350 USD
|
|
common
stock
|
Sale
|
5
|
59.2650 USD
|
|
common
stock
|
Sale
|
1
|
58.5900 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
|
Decreasing Long
|
216
|
59.3225 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:
|
25 Nov 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
