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 CO
|
|
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
Apr 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:
|
|
|
712,864
|
0.21%
|
640,543
|
0.18%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
301,257
|
0.09%
|
27,615
|
0.01%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,014,121
|
0.29%
|
668,158
|
0.19%
|
(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
|
356,339
|
34.7644 USD
|
common
stock
|
Purchase
|
204,803
|
34.7598 USD
|
common
stock
|
Purchase
|
86,179
|
34.7507 USD
|
common
stock
|
Purchase
|
61,743
|
34.7958 USD
|
common
stock
|
Purchase
|
59,613
|
34.7450 USD
|
common
stock
|
Purchase
|
36,831
|
34.7600 USD
|
common
stock
|
Purchase
|
30,683
|
34.7847 USD
|
common
stock
|
Purchase
|
23,768
|
34.8700 USD
|
common
stock
|
Purchase
|
19,148
|
34.7254 USD
|
common
stock
|
Purchase
|
16,302
|
34.7379 USD
|
common
stock
|
Purchase
|
15,971
|
34.8114 USD
|
common
stock
|
Purchase
|
15,857
|
34.7660 USD
|
common
stock
|
Purchase
|
15,461
|
34.7128 USD
|
common
stock
|
Purchase
|
13,396
|
34.7976 USD
|
common
stock
|
Purchase
|
10,755
|
34.7374 USD
|
common
stock
|
Purchase
|
8,924
|
34.7659 USD
|
common
stock
|
Purchase
|
4,977
|
34.7395 USD
|
common
stock
|
Purchase
|
3,800
|
34.7098 USD
|
common
stock
|
Purchase
|
3,311
|
34.7371 USD
|
common
stock
|
Purchase
|
2,793
|
34.7443 USD
|
common
stock
|
Purchase
|
2,418
|
34.8113 USD
|
common
stock
|
Purchase
|
2,018
|
34.7004 USD
|
common
stock
|
Purchase
|
1,757
|
34.6857 USD
|
common
stock
|
Purchase
|
1,663
|
34.7739 USD
|
common
stock
|
Purchase
|
1,351
|
34.7110 USD
|
common
stock
|
Purchase
|
1,298
|
34.7672 USD
|
common
stock
|
Purchase
|
1,169
|
34.7032 USD
|
common
stock
|
Purchase
|
1,068
|
34.7346 USD
|
common
stock
|
Purchase
|
1,000
|
34.9060 USD
|
common
stock
|
Purchase
|
911
|
34.7800 USD
|
common
stock
|
Purchase
|
729
|
34.7743 USD
|
common
stock
|
Purchase
|
720
|
34.5850 USD
|
common
stock
|
Purchase
|
680
|
34.6940 USD
|
common
stock
|
Purchase
|
550
|
34.7740 USD
|
common
stock
|
Purchase
|
491
|
34.7335 USD
|
common
stock
|
Purchase
|
484
|
34.7352 USD
|
common
stock
|
Purchase
|
300
|
34.7100 USD
|
common
stock
|
Purchase
|
258
|
34.6300 USD
|
common
stock
|
Purchase
|
138
|
34.7531 USD
|
common
stock
|
Purchase
|
100
|
34.6700 USD
|
common
stock
|
Purchase
|
100
|
34.7500 USD
|
common
stock
|
Purchase
|
100
|
34.9200 USD
|
common
stock
|
Purchase
|
100
|
34.7200 USD
|
common
stock
|
Purchase
|
91
|
34.6600 USD
|
common
stock
|
Purchase
|
18
|
34.8200 USD
|
common
stock
|
Purchase
|
1
|
34.7700 USD
|
common
stock
|
Sale
|
299,429
|
34.7539 USD
|
common
stock
|
Sale
|
175,845
|
34.7630 USD
|
common
stock
|
Sale
|
98,317
|
34.7530 USD
|
common
stock
|
Sale
|
92,755
|
34.7659 USD
|
common
stock
|
Sale
|
39,089
|
34.7537 USD
|
common
stock
|
Sale
|
37,705
|
34.8117 USD
|
common
stock
|
Sale
|
28,840
|
34.7381 USD
|
common
stock
|
Sale
|
24,547
|
34.7600 USD
|
common
stock
|
Sale
|
16,634
|
34.7611 USD
|
common
stock
|
Sale
|
15,894
|
34.7911 USD
|
common
stock
|
Sale
|
15,461
|
34.7128 USD
|
common
stock
|
Sale
|
13,861
|
34.7912 USD
|
common
stock
|
Sale
|
10,562
|
34.9137 USD
|
common
stock
|
Sale
|
10,155
|
34.7327 USD
|
common
stock
|
Sale
|
9,028
|
34.7781 USD
|
common
stock
|
Sale
|
7,459
|
34.7692 USD
|
common
stock
|
Sale
|
7,335
|
34.7918 USD
|
common
stock
|
Sale
|
6,796
|
34.8042 USD
|
common
stock
|
Sale
|
6,403
|
35.0642 USD
|
common
stock
|
Sale
|
6,165
|
34.7581 USD
|
common
stock
|
Sale
|
5,368
|
34.8202 USD
|
common
stock
|
Sale
|
5,136
|
34.7710 USD
|
common
stock
|
Sale
|
5,000
|
34.8327 USD
|
common
stock
|
Sale
|
4,666
|
34.7175 USD
|
common
stock
|
Sale
|
4,626
|
34.7355 USD
|
common
stock
|
Sale
|
4,443
|
34.8080 USD
|
common
stock
|
Sale
|
4,074
|
34.7612 USD
|
common
stock
|
Sale
|
4,063
|
34.7760 USD
|
common
stock
|
Sale
|
3,916
|
34.6895 USD
|
common
stock
|
Sale
|
3,854
|
34.7180 USD
|
common
stock
|
Sale
|
3,800
|
34.7098 USD
|
common
stock
|
Sale
|
3,411
|
34.7926 USD
|
common
stock
|
Sale
|
3,188
|
34.7162 USD
|
common
stock
|
Sale
|
2,857
|
34.8038 USD
|
common
stock
|
Sale
|
2,743
|
34.7762 USD
|
common
stock
|
Sale
|
2,600
|
34.7311 USD
|
common
stock
|
Sale
|
2,452
|
34.7608 USD
|
common
stock
|
Sale
|
1,773
|
34.7674 USD
|
common
stock
|
Sale
|
1,500
|
34.7380 USD
|
common
stock
|
Sale
|
1,399
|
34.7543 USD
|
common
stock
|
Sale
|
1,351
|
34.7110 USD
|
common
stock
|
Sale
|
1,169
|
34.7032 USD
|
common
stock
|
Sale
|
1,142
|
34.7234 USD
|
common
stock
|
Sale
|
1,001
|
34.7459 USD
|
common
stock
|
Sale
|
959
|
34.7210 USD
|
common
stock
|
Sale
|
918
|
34.7000 USD
|
common
stock
|
Sale
|
829
|
34.7638 USD
|
common
stock
|
Sale
|
822
|
34.7441 USD
|
common
stock
|
Sale
|
811
|
34.7800 USD
|
common
stock
|
Sale
|
729
|
34.7743 USD
|
common
stock
|
Sale
|
711
|
34.7592 USD
|
common
stock
|
Sale
|
701
|
34.6600 USD
|
common
stock
|
Sale
|
600
|
34.7650 USD
|
common
stock
|
Sale
|
600
|
34.7733 USD
|
common
stock
|
Sale
|
600
|
34.7516 USD
|
common
stock
|
Sale
|
550
|
34.7740 USD
|
common
stock
|
Sale
|
549
|
34.7499 USD
|
common
stock
|
Sale
|
491
|
34.7335 USD
|
common
stock
|
Sale
|
484
|
34.7352 USD
|
common
stock
|
Sale
|
474
|
34.7358 USD
|
common
stock
|
Sale
|
412
|
34.7571 USD
|
common
stock
|
Sale
|
402
|
34.7134 USD
|
common
stock
|
Sale
|
360
|
34.5850 USD
|
common
stock
|
Sale
|
300
|
34.6783 USD
|
common
stock
|
Sale
|
258
|
34.6300 USD
|
common
stock
|
Sale
|
256
|
34.7806 USD
|
common
stock
|
Sale
|
207
|
34.7274 USD
|
common
stock
|
Sale
|
206
|
34.6704 USD
|
common
stock
|
Sale
|
203
|
34.6598 USD
|
common
stock
|
Sale
|
200
|
34.6950 USD
|
common
stock
|
Sale
|
200
|
34.9850 USD
|
common
stock
|
Sale
|
154
|
34.6711 USD
|
common
stock
|
Sale
|
100
|
35.0200 USD
|
common
stock
|
Sale
|
100
|
34.9300 USD
|
common
stock
|
Sale
|
100
|
34.9200 USD
|
common
stock
|
Sale
|
100
|
34.7300 USD
|
common
stock
|
Sale
|
56
|
34.8812 USD
|
common
stock
|
Sale
|
13
|
34.7376 USD
|
common
stock
|
Sale
|
4
|
34.9550 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
|
|
|
|
received
|
|
|
|
option
|
|
|
|
per unit
|
|
|
|
relates
|
|
|
|
|
common
stock
|
Call
Options
|
Selling
|
3,700
|
USD
|
|
|
0.4891 USD
|
common
stock
|
Put
Options
|
Selling
|
800
|
35.0000 USD
|
American
|
26 Apr
2024
|
0.8500 USD
|
common
stock
|
Call
Options
|
Selling
|
8,800
|
USD
|
|
|
0.7073 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:
|
23 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|