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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
|
|
|
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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
|
|
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relevant securities this form relates:
|
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(d)
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If
an exempt fund manager connected with an
|
|
|
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offeror/offeree, state this and specify identity
of
|
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offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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10
May 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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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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|
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to
which the disclosure relates following the dealing(if
any)
|
|
|
Class of relevant security:
|
common stock
|
|
|
Interests
|
Short
Positions
|
|
|
Number
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(%)
|
Number
|
(%)
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|
(1)
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Relevant securities owned
|
|
|
|
|
|
|
and/or controlled:
|
|
|
662,048
|
0.19%
|
784,500
|
0.23%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
430,646
|
0.12%
|
100,125
|
0.03%
|
|
(3)
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Stock-settled derivatives (including
options)
|
|
|
|
|
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and
agreements to purchase/sell:
|
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0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
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TOTAL:
|
|
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1,092,694
|
0.31%
|
884,625
|
0.25%
|
|
(b)
|
Rights to subscribe for new securities (including directors
and other executive
|
|
|
|
options)
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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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Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
|
security
|
|
securities
|
|
|
common
stock
|
Purchase
|
154,072
|
38.5727 USD
|
|
common
stock
|
Purchase
|
89,733
|
38.4836 USD
|
|
common
stock
|
Purchase
|
78,822
|
38.5595 USD
|
|
common
stock
|
Purchase
|
64,679
|
38.7129 USD
|
|
common
stock
|
Purchase
|
49,500
|
38.3920 USD
|
|
common
stock
|
Purchase
|
39,444
|
38.5055 USD
|
|
common
stock
|
Purchase
|
35,219
|
38.6386 USD
|
|
common
stock
|
Purchase
|
34,987
|
38.5217 USD
|
|
common
stock
|
Purchase
|
28,740
|
38.4427 USD
|
|
common
stock
|
Purchase
|
28,557
|
38.5459 USD
|
|
common
stock
|
Purchase
|
25,174
|
38.7339 USD
|
|
common
stock
|
Purchase
|
21,069
|
38.4483 USD
|
|
common
stock
|
Purchase
|
19,934
|
38.4480 USD
|
|
common
stock
|
Purchase
|
18,541
|
38.4136 USD
|
|
common
stock
|
Purchase
|
15,165
|
38.3779 USD
|
|
common
stock
|
Purchase
|
14,684
|
38.3974 USD
|
|
common
stock
|
Purchase
|
14,354
|
38.6041 USD
|
|
common
stock
|
Purchase
|
12,480
|
38.3911 USD
|
|
common
stock
|
Purchase
|
11,275
|
38.7217 USD
|
|
common
stock
|
Purchase
|
11,274
|
38.3976 USD
|
|
common
stock
|
Purchase
|
9,787
|
38.3733 USD
|
|
common
stock
|
Purchase
|
8,360
|
38.3701 USD
|
|
common
stock
|
Purchase
|
6,939
|
38.3748 USD
|
|
common
stock
|
Purchase
|
5,718
|
38.3979 USD
|
|
common
stock
|
Purchase
|
4,979
|
38.3942 USD
|
|
common
stock
|
Purchase
|
4,911
|
38.5800 USD
|
|
common
stock
|
Purchase
|
4,728
|
38.3722 USD
|
|
common
stock
|
Purchase
|
4,226
|
38.6206 USD
|
|
common
stock
|
Purchase
|
3,753
|
38.3384 USD
|
|
common
stock
|
Purchase
|
2,901
|
38.4010 USD
|
|
common
stock
|
Purchase
|
2,892
|
38.3879 USD
|
|
common
stock
|
Purchase
|
2,464
|
38.4074 USD
|
|
common
stock
|
Purchase
|
2,375
|
38.4537 USD
|
|
common
stock
|
Purchase
|
2,117
|
38.3740 USD
|
|
common
stock
|
Purchase
|
2,101
|
38.3795 USD
|
|
common
stock
|
Purchase
|
2,100
|
38.3716 USD
|
|
common
stock
|
Purchase
|
2,006
|
38.4604 USD
|
|
common
stock
|
Purchase
|
1,825
|
38.3640 USD
|
|
common
stock
|
Purchase
|
1,755
|
38.3508 USD
|
|
common
stock
|
Purchase
|
1,575
|
38.3520 USD
|
|
common
stock
|
Purchase
|
1,557
|
38.4368 USD
|
|
common
stock
|
Purchase
|
820
|
38.4585 USD
|
|
common
stock
|
Purchase
|
500
|
36.6200 EUR
|
|
common
stock
|
Purchase
|
300
|
38.3866 USD
|
|
common
stock
|
Purchase
|
300
|
38.3400 USD
|
|
common
stock
|
Purchase
|
200
|
38.4100 USD
|
|
common
stock
|
Purchase
|
200
|
38.3500 USD
|
|
common
stock
|
Purchase
|
180
|
38.5522 USD
|
|
common
stock
|
Purchase
|
135
|
38.3544 USD
|
|
common
stock
|
Purchase
|
102
|
38.5611 USD
|
|
common
stock
|
Purchase
|
101
|
38.3600 USD
|
|
common
stock
|
Purchase
|
100
|
38.3700 USD
|
|
common
stock
|
Purchase
|
100
|
38.4750 USD
|
|
common
stock
|
Purchase
|
20
|
39.5100 USD
|
|
common
stock
|
Purchase
|
10
|
38.3990 USD
|
|
common
stock
|
Purchase
|
5
|
38.3550 USD
|
|
common
stock
|
Purchase
|
2
|
38.3200 USD
|
|
common
stock
|
Sale
|
296,959
|
38.5134 USD
|
|
common
stock
|
Sale
|
50,740
|
38.3773 USD
|
|
common
stock
|
Sale
|
49,100
|
38.3904 USD
|
|
common
stock
|
Sale
|
42,011
|
38.5679 USD
|
|
common
stock
|
Sale
|
34,167
|
38.6390 USD
|
|
common
stock
|
Sale
|
30,362
|
38.4455 USD
|
|
common
stock
|
Sale
|
28,193
|
38.5902 USD
|
|
common
stock
|
Sale
|
26,023
|
38.5078 USD
|
|
common
stock
|
Sale
|
25,093
|
38.5454 USD
|
|
common
stock
|
Sale
|
18,744
|
38.7101 USD
|
|
common
stock
|
Sale
|
17,477
|
38.7314 USD
|
|
common
stock
|
Sale
|
16,883
|
38.5664 USD
|
|
common
stock
|
Sale
|
16,048
|
38.5008 USD
|
|
common
stock
|
Sale
|
14,354
|
38.6041 USD
|
|
common
stock
|
Sale
|
12,326
|
38.6068 USD
|
|
common
stock
|
Sale
|
11,275
|
38.7217 USD
|
|
common
stock
|
Sale
|
11,274
|
38.3976 USD
|
|
common
stock
|
Sale
|
8,770
|
38.5800 USD
|
|
common
stock
|
Sale
|
8,377
|
38.5429 USD
|
|
common
stock
|
Sale
|
8,198
|
38.7210 USD
|
|
common
stock
|
Sale
|
7,418
|
38.5990 USD
|
|
common
stock
|
Sale
|
7,353
|
38.5705 USD
|
|
common
stock
|
Sale
|
6,300
|
38.6774 USD
|
|
common
stock
|
Sale
|
6,054
|
38.5321 USD
|
|
common
stock
|
Sale
|
5,593
|
38.5485 USD
|
|
common
stock
|
Sale
|
5,422
|
38.6180 USD
|
|
common
stock
|
Sale
|
4,592
|
38.6954 USD
|
|
common
stock
|
Sale
|
3,434
|
38.7768 USD
|
|
common
stock
|
Sale
|
3,309
|
38.6987 USD
|
|
common
stock
|
Sale
|
3,247
|
38.6143 USD
|
|
common
stock
|
Sale
|
2,805
|
38.8213 USD
|
|
common
stock
|
Sale
|
2,556
|
38.5864 USD
|
|
common
stock
|
Sale
|
2,364
|
38.6174 USD
|
|
common
stock
|
Sale
|
2,179
|
38.7356 USD
|
|
common
stock
|
Sale
|
2,117
|
38.5106 USD
|
|
common
stock
|
Sale
|
1,825
|
38.3640 USD
|
|
common
stock
|
Sale
|
1,786
|
38.4500 USD
|
|
common
stock
|
Sale
|
1,584
|
38.5255 USD
|
|
common
stock
|
Sale
|
1,537
|
38.5172 USD
|
|
common
stock
|
Sale
|
1,466
|
38.7189 USD
|
|
common
stock
|
Sale
|
1,210
|
38.6004 USD
|
|
common
stock
|
Sale
|
1,207
|
38.4938 USD
|
|
common
stock
|
Sale
|
1,082
|
38.6182 USD
|
|
common
stock
|
Sale
|
1,001
|
38.6116 USD
|
|
common
stock
|
Sale
|
820
|
38.4585 USD
|
|
common
stock
|
Sale
|
763
|
38.4611 USD
|
|
common
stock
|
Sale
|
742
|
38.6000 USD
|
|
common
stock
|
Sale
|
710
|
38.7422 USD
|
|
common
stock
|
Sale
|
595
|
38.5463 USD
|
|
common
stock
|
Sale
|
566
|
38.6085 USD
|
|
common
stock
|
Sale
|
541
|
38.6782 USD
|
|
common
stock
|
Sale
|
502
|
38.8135 USD
|
|
common
stock
|
Sale
|
500
|
38.6030 USD
|
|
common
stock
|
Sale
|
500
|
36.6200 EUR
|
|
common
stock
|
Sale
|
500
|
38.6400 USD
|
|
common
stock
|
Sale
|
500
|
38.7160 USD
|
|
common
stock
|
Sale
|
480
|
38.4650 USD
|
|
common
stock
|
Sale
|
400
|
38.5500 USD
|
|
common
stock
|
Sale
|
349
|
38.8092 USD
|
|
common
stock
|
Sale
|
316
|
38.7535 USD
|
|
common
stock
|
Sale
|
300
|
38.3866 USD
|
|
common
stock
|
Sale
|
251
|
38.5558 USD
|
|
common
stock
|
Sale
|
247
|
38.6461 USD
|
|
common
stock
|
Sale
|
220
|
38.5445 USD
|
|
common
stock
|
Sale
|
200
|
38.3400 USD
|
|
common
stock
|
Sale
|
136
|
38.3553 USD
|
|
common
stock
|
Sale
|
135
|
38.3544 USD
|
|
common
stock
|
Sale
|
102
|
38.6049 USD
|
|
common
stock
|
Sale
|
100
|
38.5100 USD
|
|
common
stock
|
Sale
|
100
|
38.2200 USD
|
|
common
stock
|
Sale
|
100
|
39.0300 USD
|
|
common
stock
|
Sale
|
85
|
39.2100 USD
|
|
common
stock
|
Sale
|
62
|
38.5200 USD
|
|
common
stock
|
Sale
|
30
|
38.2400 USD
|
|
common
stock
|
Sale
|
10
|
38.3990 USD
|
|
common
stock
|
Sale
|
10
|
38.6500 USD
|
|
common
stock
|
Sale
|
4
|
38.5313 USD
|
|
common
stock
|
Sale
|
4
|
39.2200 USD
|
|
common
stock
|
Sale
|
4
|
38.5225 USD
|
|
common
stock
|
Sale
|
2
|
38.3200 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
|
9,704
|
38.5856 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
|
|
|
|
|
|
common
stock
|
Call
Options
|
Selling
|
2,700
|
USD
|
|
|
0.9000 USD
|
|
common
stock
|
Call
Options
|
Selling
|
2,600
|
USD
|
|
|
0.3500 USD
|
|
common
stock
|
Call
Options
|
Selling
|
9,600
|
USD
|
|
|
0.5796 USD
|
|
common
stock
|
Call
Options
|
Selling
|
1,200
|
USD
|
|
|
0.6416 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:
|
13 May 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
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