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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|
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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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17
Dec 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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|
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disclosures in respect of any other party to the
offer?
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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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to
which the disclosure relates following the dealing(if
any)
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Class of relevant security:
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common stock
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
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Relevant securities owned
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and/or controlled:
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973,879
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0.28%
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795,510
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0.23%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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317,090
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0.09%
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13,660
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0.00%
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(3)
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Stock-settled derivatives (including
options)
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|
|
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and
agreements to purchase/sell:
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0
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0.00%
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0
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0.00%
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|
|
|
|
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TOTAL:
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|
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1,290,969
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0.37%
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809,170
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0.23%
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(b)
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Rights to subscribe for new securities (including directors
and other executive
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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
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Purchase/sale
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Number of
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Price per
unit
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security
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securities
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common
stock
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Purchase
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205,526
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55.2400 USD
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common
stock
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Purchase
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59,945
|
55.3372 USD
|
common
stock
|
Purchase
|
26,179
|
55.2534 USD
|
common
stock
|
Purchase
|
24,335
|
55.3243 USD
|
common
stock
|
Purchase
|
17,906
|
55.3551 USD
|
common
stock
|
Purchase
|
14,864
|
55.3608 USD
|
common
stock
|
Purchase
|
6,557
|
55.3879 USD
|
common
stock
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Purchase
|
5,137
|
55.3245 USD
|
common
stock
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Purchase
|
3,508
|
55.4242 USD
|
common
stock
|
Purchase
|
3,183
|
55.3599 USD
|
common
stock
|
Purchase
|
3,076
|
55.3969 USD
|
common
stock
|
Purchase
|
3,074
|
55.3583 USD
|
common
stock
|
Purchase
|
3,048
|
55.3504 USD
|
common
stock
|
Purchase
|
2,467
|
55.3749 USD
|
common
stock
|
Purchase
|
1,657
|
55.2740 USD
|
common
stock
|
Purchase
|
1,492
|
55.5036 USD
|
common
stock
|
Purchase
|
1,330
|
55.3477 USD
|
common
stock
|
Purchase
|
882
|
55.4076 USD
|
common
stock
|
Purchase
|
677
|
55.3896 USD
|
common
stock
|
Purchase
|
452
|
55.4140 USD
|
common
stock
|
Purchase
|
378
|
55.3814 USD
|
common
stock
|
Purchase
|
356
|
55.2385 USD
|
common
stock
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Purchase
|
200
|
55.5400 USD
|
common
stock
|
Purchase
|
200
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55.3300 USD
|
common
stock
|
Purchase
|
131
|
55.2403 USD
|
common
stock
|
Purchase
|
128
|
55.2300 USD
|
common
stock
|
Purchase
|
126
|
55.3000 USD
|
common
stock
|
Purchase
|
107
|
55.5394 USD
|
common
stock
|
Purchase
|
100
|
55.4300 USD
|
common
stock
|
Purchase
|
100
|
55.3100 USD
|
common
stock
|
Purchase
|
100
|
55.5300 USD
|
common
stock
|
Purchase
|
100
|
55.3200 USD
|
common
stock
|
Purchase
|
51
|
55.5500 USD
|
common
stock
|
Sale
|
126,717
|
55.2400 USD
|
common
stock
|
Sale
|
87,000
|
55.7900 USD
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common
stock
|
Sale
|
65,633
|
55.2401 USD
|
common
stock
|
Sale
|
44,997
|
55.3539 USD
|
common
stock
|
Sale
|
23,617
|
55.2878 USD
|
common
stock
|
Sale
|
19,931
|
55.2546 USD
|
common
stock
|
Sale
|
16,433
|
55.3458 USD
|
common
stock
|
Sale
|
12,627
|
55.4237 USD
|
common
stock
|
Sale
|
10,186
|
55.3042 USD
|
common
stock
|
Sale
|
8,646
|
55.3728 USD
|
common
stock
|
Sale
|
7,413
|
55.2568 USD
|
common
stock
|
Sale
|
7,405
|
55.2712 USD
|
common
stock
|
Sale
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6,087
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55.3638 USD
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common
stock
|
Sale
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4,795
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55.2347 USD
|
common
stock
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Sale
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4,346
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55.3620 USD
|
common
stock
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Sale
|
3,887
|
55.4339 USD
|
common
stock
|
Sale
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3,701
|
55.2789 USD
|
common
stock
|
Sale
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2,326
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55.3794 USD
|
common
stock
|
Sale
|
2,324
|
55.4071 USD
|
common
stock
|
Sale
|
1,590
|
55.3316 USD
|
common
stock
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Sale
|
1,528
|
55.3854 USD
|
common
stock
|
Sale
|
1,484
|
55.3869 USD
|
common
stock
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Sale
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1,290
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55.3756 USD
|
common
stock
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Sale
|
1,014
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55.3639 USD
|
common
stock
|
Sale
|
842
|
55.3297 USD
|
common
stock
|
Sale
|
651
|
55.2516 USD
|
common
stock
|
Sale
|
541
|
55.3419 USD
|
common
stock
|
Sale
|
500
|
55.4520 USD
|
common
stock
|
Sale
|
484
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55.4756 USD
|
common
stock
|
Sale
|
457
|
55.4919 USD
|
common
stock
|
Sale
|
400
|
55.2800 USD
|
common
stock
|
Sale
|
392
|
55.3793 USD
|
common
stock
|
Sale
|
383
|
55.3109 USD
|
common
stock
|
Sale
|
359
|
55.2743 USD
|
common
stock
|
Sale
|
356
|
55.2593 USD
|
common
stock
|
Sale
|
318
|
55.4221 USD
|
common
stock
|
Sale
|
239
|
55.2674 USD
|
common
stock
|
Sale
|
239
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55.3295 USD
|
common
stock
|
Sale
|
234
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55.2850 USD
|
common
stock
|
Sale
|
232
|
55.4090 USD
|
common
stock
|
Sale
|
220
|
55.3478 USD
|
common
stock
|
Sale
|
195
|
55.3941 USD
|
common
stock
|
Sale
|
142
|
55.2407 USD
|
common
stock
|
Sale
|
136
|
55.2970 USD
|
common
stock
|
Sale
|
131
|
55.2403 USD
|
common
stock
|
Sale
|
128
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55.5553 USD
|
common
stock
|
Sale
|
119
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55.2356 USD
|
common
stock
|
Sale
|
107
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55.5394 USD
|
common
stock
|
Sale
|
100
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55.3600 USD
|
common
stock
|
Sale
|
100
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55.2200 USD
|
common
stock
|
Sale
|
82
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55.5375 USD
|
common
stock
|
Sale
|
67
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55.3100 USD
|
common
stock
|
Sale
|
60
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55.5300 USD
|
common
stock
|
Sale
|
52
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55.3469 USD
|
common
stock
|
Sale
|
28
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55.5400 USD
|
common
stock
|
Sale
|
26
|
55.3978 USD
|
common
stock
|
Sale
|
22
|
55.3059 USD
|
common
stock
|
Sale
|
21
|
55.2419 USD
|
common
stock
|
Sale
|
16
|
55.2100 USD
|
common
stock
|
Sale
|
10
|
55.3700 USD
|
common
stock
|
Sale
|
6
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55.5100 USD
|
common
stock
|
Sale
|
6
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55.3533 USD
|
|
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(b)
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Cash-settled derivative transactions
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Class of
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Product
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Nature of
dealing
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Number of
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Price per
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relevant
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description
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reference
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unit
|
security
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|
securities
|
|
common
stock
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SWAP
|
Increasing Long
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110
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55.2390 USD
|
common
stock
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SWAP
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Decreasing Long
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226
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55.2425 USD
|
|
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
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Class
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Product
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Writing,
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Number
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
|
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paid/
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security
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varying etc
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to which
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received
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option
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per unit
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relates
|
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common
stock
|
Put
Options
|
Purchasing
|
200
|
60.0000 USD
|
American
|
20 Jun
2025
|
6.9000 USD
|
common
stock
|
Put
Options
|
Purchasing
|
5,000
|
63.0000 USD
|
American
|
20 Jun
2025
|
8.6556 USD
|
common
stock
|
Put
Options
|
Purchasing
|
400
|
65.0000 USD
|
American
|
20 Jun
2025
|
10.6500 USD
|
|
|
|
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(ii)
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Exercising
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Class of
relevant
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Product
description
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Exercising/ exercised
against
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Number of
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Exercise price
per
|
security
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securities
|
unit
|
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(d)
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Other dealings (including subscribing for new
securities)
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Class of
relevant
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Nature of
Dealings
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Details
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Price per unit
(if
|
security
|
|
|
applicable)
|
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4.
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OTHER
INFORMATION
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(a)
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Indemnity and other dealings arrangements
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Details of any indemnity or option arrangement, or any
agreement or understanding,
|
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formal or informal, relating to relevant securities which may
be an inducement to deal
|
|
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
|
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to
the offer or any person acting in concert with a party to the
offer:
|
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
|
|
Details of any agreement, arrangement or understanding, formal
or informal, between
|
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the
person making the disclosure and any other person relating
to:
|
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(i) the voting rights of any relevant securities under
any option; or
|
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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
|
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any
derivative is referenced:
|
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NONE
|
(c)
|
Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
18 Dec 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
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