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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18
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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951,444
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0.27%
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1,024,593
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0.29%
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(2)
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Cash-settled derivatives:
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|
|
|
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and/or controlled:
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536,760
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0.15%
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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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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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TOTAL:
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|
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1,488,204
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0.43%
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1,038,253
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0.30%
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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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|
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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
|
security
|
|
securities
|
|
common
stock
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Purchase
|
351,986
|
53.6400 USD
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common
stock
|
Purchase
|
225,726
|
53.6435 USD
|
common
stock
|
Purchase
|
85,362
|
53.7082 USD
|
common
stock
|
Purchase
|
24,257
|
53.8378 USD
|
common
stock
|
Purchase
|
21,328
|
53.9456 USD
|
common
stock
|
Purchase
|
16,201
|
53.8361 USD
|
common
stock
|
Purchase
|
11,598
|
54.6663 USD
|
common
stock
|
Purchase
|
11,420
|
54.4067 USD
|
common
stock
|
Purchase
|
9,379
|
54.6809 USD
|
common
stock
|
Purchase
|
6,700
|
53.7560 USD
|
common
stock
|
Purchase
|
4,879
|
54.7611 USD
|
common
stock
|
Purchase
|
3,471
|
53.6413 USD
|
common
stock
|
Purchase
|
2,973
|
53.9736 USD
|
common
stock
|
Purchase
|
2,809
|
55.1660 USD
|
common
stock
|
Purchase
|
2,045
|
54.5166 USD
|
common
stock
|
Purchase
|
1,456
|
54.0564 USD
|
common
stock
|
Purchase
|
1,352
|
54.7918 USD
|
common
stock
|
Purchase
|
1,257
|
53.8313 USD
|
common
stock
|
Purchase
|
1,153
|
54.9890 USD
|
common
stock
|
Purchase
|
841
|
54.8741 USD
|
common
stock
|
Purchase
|
737
|
54.7849 USD
|
common
stock
|
Purchase
|
613
|
54.7985 USD
|
common
stock
|
Purchase
|
607
|
54.3824 USD
|
common
stock
|
Purchase
|
536
|
55.1273 USD
|
common
stock
|
Purchase
|
530
|
53.6605 USD
|
common
stock
|
Purchase
|
530
|
54.5345 USD
|
common
stock
|
Purchase
|
427
|
54.4093 USD
|
common
stock
|
Purchase
|
406
|
55.1148 USD
|
common
stock
|
Purchase
|
277
|
54.1785 USD
|
common
stock
|
Purchase
|
194
|
54.6306 USD
|
common
stock
|
Purchase
|
187
|
54.9189 USD
|
common
stock
|
Purchase
|
185
|
54.5948 USD
|
common
stock
|
Purchase
|
178
|
54.3228 USD
|
common
stock
|
Purchase
|
138
|
55.2146 USD
|
common
stock
|
Purchase
|
119
|
54.2065 USD
|
common
stock
|
Purchase
|
100
|
54.7345 USD
|
common
stock
|
Purchase
|
95
|
54.3924 USD
|
common
stock
|
Purchase
|
88
|
54.0100 USD
|
common
stock
|
Purchase
|
83
|
54.2860 USD
|
common
stock
|
Purchase
|
66
|
54.5396 USD
|
common
stock
|
Purchase
|
60
|
54.7308 USD
|
common
stock
|
Purchase
|
53
|
54.7683 USD
|
common
stock
|
Purchase
|
45
|
54.7644 USD
|
common
stock
|
Purchase
|
37
|
54.3759 USD
|
common
stock
|
Purchase
|
30
|
54.8866 USD
|
common
stock
|
Purchase
|
30
|
54.0526 USD
|
common
stock
|
Purchase
|
15
|
54.1333 USD
|
common
stock
|
Purchase
|
15
|
54.8680 USD
|
common
stock
|
Purchase
|
14
|
54.2300 USD
|
common
stock
|
Purchase
|
5
|
55.3400 USD
|
common
stock
|
Sale
|
598,093
|
53.6400 USD
|
common
stock
|
Sale
|
224,073
|
53.6436 USD
|
common
stock
|
Sale
|
99,673
|
53.8997 USD
|
common
stock
|
Sale
|
21,476
|
53.8882 USD
|
common
stock
|
Sale
|
15,997
|
53.6546 USD
|
common
stock
|
Sale
|
11,454
|
54.1241 USD
|
common
stock
|
Sale
|
9,429
|
53.7261 USD
|
common
stock
|
Sale
|
8,263
|
55.1745 USD
|
common
stock
|
Sale
|
8,173
|
54.5163 USD
|
common
stock
|
Sale
|
5,825
|
54.3132 USD
|
common
stock
|
Sale
|
5,354
|
53.6586 USD
|
common
stock
|
Sale
|
3,437
|
53.6398 USD
|
common
stock
|
Sale
|
2,804
|
53.9416 USD
|
common
stock
|
Sale
|
2,691
|
53.6544 USD
|
common
stock
|
Sale
|
2,231
|
53.9689 USD
|
common
stock
|
Sale
|
2,019
|
54.7937 USD
|
common
stock
|
Sale
|
1,653
|
53.6410 USD
|
common
stock
|
Sale
|
1,607
|
54.2608 USD
|
common
stock
|
Sale
|
1,538
|
54.6302 USD
|
common
stock
|
Sale
|
1,267
|
54.4017 USD
|
common
stock
|
Sale
|
1,097
|
55.0500 USD
|
common
stock
|
Sale
|
980
|
54.0891 USD
|
common
stock
|
Sale
|
908
|
53.9989 USD
|
common
stock
|
Sale
|
875
|
55.1895 USD
|
common
stock
|
Sale
|
700
|
54.5928 USD
|
common
stock
|
Sale
|
700
|
54.4240 USD
|
common
stock
|
Sale
|
530
|
54.5345 USD
|
common
stock
|
Sale
|
487
|
54.4625 USD
|
common
stock
|
Sale
|
447
|
54.7559 USD
|
common
stock
|
Sale
|
421
|
53.7942 USD
|
common
stock
|
Sale
|
400
|
53.8500 USD
|
common
stock
|
Sale
|
370
|
54.4947 USD
|
common
stock
|
Sale
|
364
|
55.0000 USD
|
common
stock
|
Sale
|
340
|
55.0514 USD
|
common
stock
|
Sale
|
325
|
53.9568 USD
|
common
stock
|
Sale
|
200
|
55.1650 USD
|
common
stock
|
Sale
|
189
|
54.0000 USD
|
common
stock
|
Sale
|
165
|
54.3369 USD
|
common
stock
|
Sale
|
153
|
54.2366 USD
|
common
stock
|
Sale
|
128
|
54.9831 USD
|
common
stock
|
Sale
|
125
|
54.0452 USD
|
common
stock
|
Sale
|
103
|
54.4649 USD
|
common
stock
|
Sale
|
100
|
54.2050 USD
|
common
stock
|
Sale
|
85
|
54.9753 USD
|
common
stock
|
Sale
|
36
|
54.3795 USD
|
common
stock
|
Sale
|
36
|
54.8391 USD
|
common
stock
|
Sale
|
29
|
54.2324 USD
|
common
stock
|
Sale
|
25
|
54.8500 USD
|
common
stock
|
Sale
|
23
|
53.6663 USD
|
common
stock
|
Sale
|
10
|
54.0150 USD
|
common
stock
|
Sale
|
6
|
54.5400 USD
|
common
stock
|
Sale
|
5
|
53.8300 USD
|
common
stock
|
Sale
|
1
|
55.3650 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
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
common
stock
|
SWAP
|
Increasing Long
|
219,670
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53.6400 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
|
Option
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
security
|
|
varying etc
|
to which
|
|
|
|
received
|
|
|
|
option
|
|
|
|
per unit
|
|
|
|
relates
|
|
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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
|
Number of
|
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
|
Details
|
Price per unit
(if
|
security
|
|
|
applicable)
|
|
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|
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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,
|
|
|
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
|
|
to
the offer or any person acting in concert with a party to the
offer:
|
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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:
|
|
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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
|
|
|
any
derivative is referenced:
|
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|
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NONE
|
(c)
|
Attachments
|
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Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
19 Dec 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
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