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 CO
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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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12
Apr 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?
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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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726,325
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0.21%
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583,109
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0.17%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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271,531
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0.08%
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27,615
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0.01%
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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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997,856
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0.29%
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610,724
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0.18%
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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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218,857
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37.1897 USD
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common
stock
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Purchase
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60,578
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37.2603 USD
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common
stock
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Purchase
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30,042
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37.4103 USD
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common
stock
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Purchase
|
21,133
|
37.1671 USD
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common
stock
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Purchase
|
15,692
|
37.2223 USD
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common
stock
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Purchase
|
13,194
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37.3103 USD
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common
stock
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Purchase
|
13,073
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37.1383 USD
|
common
stock
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Purchase
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10,693
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37.2772 USD
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common
stock
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Purchase
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4,984
|
37.4524 USD
|
common
stock
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Purchase
|
3,363
|
37.1007 USD
|
common
stock
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Purchase
|
3,041
|
37.2928 USD
|
common
stock
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Purchase
|
2,199
|
37.2114 USD
|
common
stock
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Purchase
|
1,978
|
37.2774 USD
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common
stock
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Purchase
|
1,838
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37.2538 USD
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common
stock
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Purchase
|
1,549
|
37.0682 USD
|
common
stock
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Purchase
|
1,136
|
37.1989 USD
|
common
stock
|
Purchase
|
998
|
37.3886 USD
|
common
stock
|
Purchase
|
894
|
37.3854 USD
|
common
stock
|
Purchase
|
883
|
37.1400 USD
|
common
stock
|
Purchase
|
785
|
37.1398 USD
|
common
stock
|
Purchase
|
660
|
37.1049 USD
|
common
stock
|
Purchase
|
600
|
37.2016 USD
|
common
stock
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Purchase
|
600
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37.0810 USD
|
common
stock
|
Purchase
|
600
|
37.3183 USD
|
common
stock
|
Purchase
|
506
|
37.1767 USD
|
common
stock
|
Purchase
|
500
|
37.1660 USD
|
common
stock
|
Purchase
|
406
|
37.3855 USD
|
common
stock
|
Purchase
|
400
|
37.1125 USD
|
common
stock
|
Purchase
|
377
|
37.2226 USD
|
common
stock
|
Purchase
|
361
|
37.2530 USD
|
common
stock
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Purchase
|
200
|
37.5600 USD
|
common
stock
|
Purchase
|
200
|
37.1550 USD
|
common
stock
|
Purchase
|
168
|
37.2533 USD
|
common
stock
|
Purchase
|
153
|
37.4300 USD
|
common
stock
|
Purchase
|
122
|
37.3586 USD
|
common
stock
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Purchase
|
100
|
37.2100 USD
|
common
stock
|
Purchase
|
100
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37.5150 USD
|
common
stock
|
Purchase
|
41
|
37.5400 USD
|
common
stock
|
Purchase
|
30
|
37.4200 USD
|
common
stock
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Purchase
|
12
|
37.5550 USD
|
common
stock
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Purchase
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2
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37.0900 USD
|
common
stock
|
Sale
|
120,666
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37.1963 USD
|
common
stock
|
Sale
|
71,127
|
37.1947 USD
|
common
stock
|
Sale
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27,425
|
37.4217 USD
|
common
stock
|
Sale
|
27,057
|
37.1854 USD
|
common
stock
|
Sale
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25,717
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37.2608 USD
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common
stock
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Sale
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24,517
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37.2549 USD
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common
stock
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Sale
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13,809
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37.3475 USD
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common
stock
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Sale
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11,543
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37.1615 USD
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common
stock
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Sale
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10,453
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37.1480 USD
|
common
stock
|
Sale
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10,313
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37.1418 USD
|
common
stock
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Sale
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8,487
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37.2403 USD
|
common
stock
|
Sale
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7,215
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37.2471 USD
|
common
stock
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Sale
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6,594
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37.2704 USD
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common
stock
|
Sale
|
5,922
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37.2963 USD
|
common
stock
|
Sale
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4,977
|
37.1124 USD
|
common
stock
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Sale
|
3,497
|
37.1878 USD
|
common
stock
|
Sale
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3,393
|
37.1723 USD
|
common
stock
|
Sale
|
3,112
|
37.1400 USD
|
common
stock
|
Sale
|
3,041
|
37.2928 USD
|
common
stock
|
Sale
|
2,906
|
37.1399 USD
|
common
stock
|
Sale
|
2,199
|
37.2114 USD
|
common
stock
|
Sale
|
2,182
|
37.1383 USD
|
common
stock
|
Sale
|
2,045
|
37.2748 USD
|
common
stock
|
Sale
|
1,781
|
37.4288 USD
|
common
stock
|
Sale
|
1,486
|
37.1087 USD
|
common
stock
|
Sale
|
1,477
|
37.1063 USD
|
common
stock
|
Sale
|
1,402
|
37.3881 USD
|
common
stock
|
Sale
|
1,314
|
37.1729 USD
|
common
stock
|
Sale
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1,136
|
37.1989 USD
|
common
stock
|
Sale
|
1,065
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37.1937 USD
|
common
stock
|
Sale
|
975
|
37.5308 USD
|
common
stock
|
Sale
|
950
|
37.4072 USD
|
common
stock
|
Sale
|
742
|
37.0989 USD
|
common
stock
|
Sale
|
706
|
37.5171 USD
|
common
stock
|
Sale
|
600
|
37.0810 USD
|
common
stock
|
Sale
|
506
|
37.1767 USD
|
common
stock
|
Sale
|
386
|
37.3831 USD
|
common
stock
|
Sale
|
354
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37.5109 USD
|
common
stock
|
Sale
|
296
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37.0817 USD
|
common
stock
|
Sale
|
200
|
36.9675 USD
|
common
stock
|
Sale
|
185
|
37.1394 USD
|
common
stock
|
Sale
|
168
|
37.2533 USD
|
common
stock
|
Sale
|
155
|
37.3569 USD
|
common
stock
|
Sale
|
121
|
37.1820 USD
|
common
stock
|
Sale
|
102
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37.3962 USD
|
common
stock
|
Sale
|
100
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37.5000 USD
|
common
stock
|
Sale
|
100
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37.1600 USD
|
common
stock
|
Sale
|
100
|
36.9475 USD
|
common
stock
|
Sale
|
70
|
37.0900 USD
|
common
stock
|
Sale
|
21
|
37.1200 USD
|
common
stock
|
Sale
|
20
|
37.4325 USD
|
common
stock
|
Sale
|
8
|
37.2925 USD
|
common
stock
|
Sale
|
6
|
37.5550 USD
|
common
stock
|
Sale
|
6
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37.0100 USD
|
common
stock
|
Sale
|
6
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37.5200 USD
|
common
stock
|
Sale
|
4
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37.2100 USD
|
common
stock
|
Sale
|
2
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37.3100 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
|
unit
|
security
|
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securities
|
|
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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
|
Call
Options
|
Selling
|
4,200
|
USD
|
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3.4952 USD
|
common
stock
|
Call
Options
|
Selling
|
12,500
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USD
|
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1.2500 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
|
(b)
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Agreements, arrangements or understandings relating to options
or derivatives
|
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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)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
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Date of disclosure:
|
15 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
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