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:
|
16
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:
|
|
|
721,527
|
0.21%
|
559,352
|
0.16%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
243,475
|
0.07%
|
27,615
|
0.01%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
965,002
|
0.28%
|
586,967
|
0.17%
|
(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
|
308,251
|
36.1340 USD
|
common
stock
|
Purchase
|
203,402
|
35.9433 USD
|
common
stock
|
Purchase
|
104,641
|
36.0045 USD
|
common
stock
|
Purchase
|
101,773
|
36.0966 USD
|
common
stock
|
Purchase
|
94,164
|
36.0610 USD
|
common
stock
|
Purchase
|
86,985
|
36.0567 USD
|
common
stock
|
Purchase
|
74,129
|
36.0371 USD
|
common
stock
|
Purchase
|
61,644
|
36.1644 USD
|
common
stock
|
Purchase
|
56,873
|
35.9100 USD
|
common
stock
|
Purchase
|
30,981
|
35.9120 USD
|
common
stock
|
Purchase
|
18,652
|
36.0699 USD
|
common
stock
|
Purchase
|
16,477
|
35.9991 USD
|
common
stock
|
Purchase
|
15,206
|
36.1898 USD
|
common
stock
|
Purchase
|
15,000
|
36.3464 USD
|
common
stock
|
Purchase
|
13,991
|
36.1422 USD
|
common
stock
|
Purchase
|
10,555
|
36.1497 USD
|
common
stock
|
Purchase
|
9,914
|
35.9622 USD
|
common
stock
|
Purchase
|
9,230
|
35.9796 USD
|
common
stock
|
Purchase
|
7,094
|
36.1934 USD
|
common
stock
|
Purchase
|
7,053
|
35.9289 USD
|
common
stock
|
Purchase
|
5,667
|
36.0104 USD
|
common
stock
|
Purchase
|
5,451
|
36.7091 USD
|
common
stock
|
Purchase
|
4,585
|
35.9528 USD
|
common
stock
|
Purchase
|
3,981
|
35.9540 USD
|
common
stock
|
Purchase
|
3,841
|
36.2028 USD
|
common
stock
|
Purchase
|
3,314
|
36.1474 USD
|
common
stock
|
Purchase
|
2,916
|
36.0112 USD
|
common
stock
|
Purchase
|
2,770
|
35.9882 USD
|
common
stock
|
Purchase
|
2,598
|
35.9773 USD
|
common
stock
|
Purchase
|
2,527
|
36.0662 USD
|
common
stock
|
Purchase
|
1,983
|
35.9609 USD
|
common
stock
|
Purchase
|
1,178
|
35.9795 USD
|
common
stock
|
Purchase
|
1,121
|
36.0194 USD
|
common
stock
|
Purchase
|
973
|
35.9674 USD
|
common
stock
|
Purchase
|
922
|
35.9655 USD
|
common
stock
|
Purchase
|
568
|
36.2246 USD
|
common
stock
|
Purchase
|
445
|
35.8875 USD
|
common
stock
|
Purchase
|
417
|
35.8957 USD
|
common
stock
|
Purchase
|
276
|
36.0954 USD
|
common
stock
|
Purchase
|
244
|
36.1950 USD
|
common
stock
|
Purchase
|
202
|
35.8999 USD
|
common
stock
|
Purchase
|
200
|
35.8750 USD
|
common
stock
|
Purchase
|
168
|
35.9159 USD
|
common
stock
|
Purchase
|
166
|
36.3608 USD
|
common
stock
|
Purchase
|
147
|
35.8872 USD
|
common
stock
|
Purchase
|
113
|
35.2100 EUR
|
common
stock
|
Purchase
|
100
|
35.9200 USD
|
common
stock
|
Purchase
|
100
|
35.9000 USD
|
common
stock
|
Purchase
|
58
|
36.9800 USD
|
common
stock
|
Purchase
|
50
|
34.8200 EUR
|
common
stock
|
Purchase
|
24
|
36.0691 USD
|
common
stock
|
Sale
|
359,305
|
35.9904 USD
|
common
stock
|
Sale
|
237,139
|
36.1099 USD
|
common
stock
|
Sale
|
160,607
|
36.0941 USD
|
common
stock
|
Sale
|
65,499
|
36.2518 USD
|
common
stock
|
Sale
|
60,244
|
36.0195 USD
|
common
stock
|
Sale
|
36,463
|
36.0470 USD
|
common
stock
|
Sale
|
30,981
|
35.9120 USD
|
common
stock
|
Sale
|
24,348
|
36.0019 USD
|
common
stock
|
Sale
|
24,178
|
35.9946 USD
|
common
stock
|
Sale
|
23,319
|
36.2028 USD
|
common
stock
|
Sale
|
21,827
|
35.9100 USD
|
common
stock
|
Sale
|
20,682
|
36.0033 USD
|
common
stock
|
Sale
|
19,226
|
36.2013 USD
|
common
stock
|
Sale
|
15,347
|
35.9110 USD
|
common
stock
|
Sale
|
15,000
|
36.3464 USD
|
common
stock
|
Sale
|
14,943
|
36.0389 USD
|
common
stock
|
Sale
|
14,635
|
36.1973 USD
|
common
stock
|
Sale
|
11,862
|
36.1247 USD
|
common
stock
|
Sale
|
11,538
|
35.9976 USD
|
common
stock
|
Sale
|
9,927
|
35.9116 USD
|
common
stock
|
Sale
|
9,724
|
36.0406 USD
|
common
stock
|
Sale
|
8,950
|
36.0731 USD
|
common
stock
|
Sale
|
8,642
|
36.0254 USD
|
common
stock
|
Sale
|
6,767
|
35.9940 USD
|
common
stock
|
Sale
|
5,535
|
36.0416 USD
|
common
stock
|
Sale
|
4,523
|
36.3503 USD
|
common
stock
|
Sale
|
3,436
|
35.9949 USD
|
common
stock
|
Sale
|
3,276
|
35.9223 USD
|
common
stock
|
Sale
|
2,931
|
35.9329 USD
|
common
stock
|
Sale
|
2,864
|
35.9832 USD
|
common
stock
|
Sale
|
2,770
|
35.9882 USD
|
common
stock
|
Sale
|
2,527
|
36.0662 USD
|
common
stock
|
Sale
|
2,450
|
36.3380 USD
|
common
stock
|
Sale
|
2,400
|
36.6954 USD
|
common
stock
|
Sale
|
1,827
|
35.9566 USD
|
common
stock
|
Sale
|
1,545
|
35.9896 USD
|
common
stock
|
Sale
|
1,419
|
35.9778 USD
|
common
stock
|
Sale
|
1,391
|
36.0027 USD
|
common
stock
|
Sale
|
1,050
|
36.0127 USD
|
common
stock
|
Sale
|
1,000
|
36.7420 USD
|
common
stock
|
Sale
|
980
|
35.9861 USD
|
common
stock
|
Sale
|
979
|
36.4608 USD
|
common
stock
|
Sale
|
945
|
35.9761 USD
|
common
stock
|
Sale
|
939
|
36.0835 USD
|
common
stock
|
Sale
|
922
|
35.9655 USD
|
common
stock
|
Sale
|
800
|
35.9906 USD
|
common
stock
|
Sale
|
700
|
35.9121 USD
|
common
stock
|
Sale
|
618
|
36.7517 USD
|
common
stock
|
Sale
|
568
|
36.2246 USD
|
common
stock
|
Sale
|
518
|
35.9608 USD
|
common
stock
|
Sale
|
441
|
35.9054 USD
|
common
stock
|
Sale
|
400
|
36.3150 USD
|
common
stock
|
Sale
|
400
|
36.3125 USD
|
common
stock
|
Sale
|
400
|
36.7362 USD
|
common
stock
|
Sale
|
400
|
36.3037 USD
|
common
stock
|
Sale
|
352
|
36.6468 USD
|
common
stock
|
Sale
|
340
|
35.8768 USD
|
common
stock
|
Sale
|
277
|
36.6842 USD
|
common
stock
|
Sale
|
244
|
36.1950 USD
|
common
stock
|
Sale
|
201
|
35.8960 USD
|
common
stock
|
Sale
|
200
|
36.0000 USD
|
common
stock
|
Sale
|
200
|
36.6400 USD
|
common
stock
|
Sale
|
200
|
36.7300 USD
|
common
stock
|
Sale
|
168
|
35.9159 USD
|
common
stock
|
Sale
|
113
|
35.2100 EUR
|
common
stock
|
Sale
|
100
|
35.8200 USD
|
common
stock
|
Sale
|
100
|
36.3200 USD
|
common
stock
|
Sale
|
100
|
36.3100 USD
|
common
stock
|
Sale
|
50
|
34.8200 EUR
|
common
stock
|
Sale
|
15
|
35.8966 USD
|
common
stock
|
Sale
|
12
|
37.0933 USD
|
common
stock
|
Sale
|
4
|
36.9900 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
|
4,700
|
USD
|
|
|
0.4946 USD
|
common
stock
|
Put
Options
|
Selling
|
3,300
|
36.0000 USD
|
American
|
26 Apr
2024
|
0.8045 USD
|
common
stock
|
Call
Options
|
Selling
|
1,200
|
USD
|
|
|
1.0000 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:
|
17 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
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