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)
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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:
|
19
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:
|
|
|
704,065
|
0.20%
|
631,347
|
0.18%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
305,202
|
0.09%
|
31,560
|
0.01%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,009,267
|
0.29%
|
662,907
|
0.19%
|
(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
|
251,831
|
35.3326 USD
|
common
stock
|
Purchase
|
146,989
|
35.2695 USD
|
common
stock
|
Purchase
|
111,167
|
35.3343 USD
|
common
stock
|
Purchase
|
90,120
|
35.3351 USD
|
common
stock
|
Purchase
|
88,709
|
35.2417 USD
|
common
stock
|
Purchase
|
40,680
|
35.3528 USD
|
common
stock
|
Purchase
|
39,704
|
35.2993 USD
|
common
stock
|
Purchase
|
33,911
|
35.3700 USD
|
common
stock
|
Purchase
|
31,500
|
34.7933 USD
|
common
stock
|
Purchase
|
26,492
|
35.2995 USD
|
common
stock
|
Purchase
|
25,748
|
35.3941 USD
|
common
stock
|
Purchase
|
23,179
|
35.3199 USD
|
common
stock
|
Purchase
|
21,359
|
35.1760 USD
|
common
stock
|
Purchase
|
20,471
|
35.3341 USD
|
common
stock
|
Purchase
|
20,012
|
34.7652 USD
|
common
stock
|
Purchase
|
11,788
|
35.3357 USD
|
common
stock
|
Purchase
|
10,564
|
35.2979 USD
|
common
stock
|
Purchase
|
9,839
|
35.2988 USD
|
common
stock
|
Purchase
|
9,663
|
35.2554 USD
|
common
stock
|
Purchase
|
8,324
|
35.0000 USD
|
common
stock
|
Purchase
|
8,291
|
35.2776 USD
|
common
stock
|
Purchase
|
8,284
|
35.2940 USD
|
common
stock
|
Purchase
|
7,710
|
35.2521 USD
|
common
stock
|
Purchase
|
5,377
|
35.3877 USD
|
common
stock
|
Purchase
|
5,095
|
35.2880 USD
|
common
stock
|
Purchase
|
4,743
|
35.3966 USD
|
common
stock
|
Purchase
|
4,289
|
35.3448 USD
|
common
stock
|
Purchase
|
3,531
|
35.3738 USD
|
common
stock
|
Purchase
|
3,370
|
35.3222 USD
|
common
stock
|
Purchase
|
3,090
|
35.4207 USD
|
common
stock
|
Purchase
|
3,052
|
35.4617 USD
|
common
stock
|
Purchase
|
2,972
|
35.2822 USD
|
common
stock
|
Purchase
|
2,590
|
35.3323 USD
|
common
stock
|
Purchase
|
2,285
|
35.4258 USD
|
common
stock
|
Purchase
|
2,153
|
34.6900 USD
|
common
stock
|
Purchase
|
2,100
|
35.2902 USD
|
common
stock
|
Purchase
|
1,983
|
35.2546 USD
|
common
stock
|
Purchase
|
1,955
|
35.3102 USD
|
common
stock
|
Purchase
|
1,330
|
35.3450 USD
|
common
stock
|
Purchase
|
1,133
|
35.2376 USD
|
common
stock
|
Purchase
|
902
|
35.2316 USD
|
common
stock
|
Purchase
|
568
|
35.3167 USD
|
common
stock
|
Purchase
|
500
|
35.2400 USD
|
common
stock
|
Purchase
|
500
|
35.2900 USD
|
common
stock
|
Purchase
|
471
|
35.2652 USD
|
common
stock
|
Purchase
|
304
|
35.5018 USD
|
common
stock
|
Purchase
|
265
|
35.4479 USD
|
common
stock
|
Purchase
|
200
|
35.3545 USD
|
common
stock
|
Purchase
|
119
|
35.0644 USD
|
common
stock
|
Purchase
|
100
|
35.5200 USD
|
common
stock
|
Purchase
|
20
|
35.3950 USD
|
common
stock
|
Purchase
|
17
|
35.2558 USD
|
common
stock
|
Purchase
|
12
|
35.3033 USD
|
common
stock
|
Purchase
|
1
|
32.8000 EUR
|
common
stock
|
Purchase
|
1
|
35.5000 USD
|
common
stock
|
Sale
|
237,648
|
35.2907 USD
|
common
stock
|
Sale
|
121,716
|
35.3344 USD
|
common
stock
|
Sale
|
106,784
|
35.2740 USD
|
common
stock
|
Sale
|
84,773
|
35.3709 USD
|
common
stock
|
Sale
|
73,827
|
35.3295 USD
|
common
stock
|
Sale
|
60,777
|
35.3163 USD
|
common
stock
|
Sale
|
46,459
|
35.3365 USD
|
common
stock
|
Sale
|
39,704
|
35.2993 USD
|
common
stock
|
Sale
|
34,189
|
35.3190 USD
|
common
stock
|
Sale
|
32,750
|
35.3053 USD
|
common
stock
|
Sale
|
32,232
|
35.3700 USD
|
common
stock
|
Sale
|
30,000
|
34.7933 USD
|
common
stock
|
Sale
|
21,503
|
35.3128 USD
|
common
stock
|
Sale
|
16,749
|
35.3389 USD
|
common
stock
|
Sale
|
15,216
|
35.3171 USD
|
common
stock
|
Sale
|
13,888
|
35.3397 USD
|
common
stock
|
Sale
|
13,770
|
35.3001 USD
|
common
stock
|
Sale
|
13,500
|
35.3045 USD
|
common
stock
|
Sale
|
12,146
|
35.3818 USD
|
common
stock
|
Sale
|
12,020
|
35.3330 USD
|
common
stock
|
Sale
|
10,006
|
34.7652 USD
|
common
stock
|
Sale
|
9,822
|
35.0000 USD
|
common
stock
|
Sale
|
7,940
|
35.1199 USD
|
common
stock
|
Sale
|
7,922
|
35.2807 USD
|
common
stock
|
Sale
|
6,811
|
35.3149 USD
|
common
stock
|
Sale
|
5,698
|
34.8209 USD
|
common
stock
|
Sale
|
5,500
|
35.3821 USD
|
common
stock
|
Sale
|
5,145
|
35.3811 USD
|
common
stock
|
Sale
|
5,124
|
35.3143 USD
|
common
stock
|
Sale
|
5,095
|
35.2880 USD
|
common
stock
|
Sale
|
4,429
|
35.3254 USD
|
common
stock
|
Sale
|
4,084
|
35.2974 USD
|
common
stock
|
Sale
|
2,974
|
34.8146 USD
|
common
stock
|
Sale
|
2,601
|
35.2243 USD
|
common
stock
|
Sale
|
2,459
|
35.3444 USD
|
common
stock
|
Sale
|
2,000
|
35.4146 USD
|
common
stock
|
Sale
|
1,900
|
35.3144 USD
|
common
stock
|
Sale
|
1,846
|
35.3205 USD
|
common
stock
|
Sale
|
1,805
|
35.3096 USD
|
common
stock
|
Sale
|
1,444
|
35.0257 USD
|
common
stock
|
Sale
|
1,354
|
35.3267 USD
|
common
stock
|
Sale
|
1,330
|
35.3450 USD
|
common
stock
|
Sale
|
1,303
|
35.1889 USD
|
common
stock
|
Sale
|
1,212
|
35.3966 USD
|
common
stock
|
Sale
|
1,193
|
35.3386 USD
|
common
stock
|
Sale
|
1,146
|
35.3460 USD
|
common
stock
|
Sale
|
1,034
|
34.9189 USD
|
common
stock
|
Sale
|
1,020
|
35.2285 USD
|
common
stock
|
Sale
|
933
|
35.3084 USD
|
common
stock
|
Sale
|
600
|
35.0633 USD
|
common
stock
|
Sale
|
410
|
35.3950 USD
|
common
stock
|
Sale
|
400
|
35.4025 USD
|
common
stock
|
Sale
|
318
|
35.1239 USD
|
common
stock
|
Sale
|
300
|
35.4033 USD
|
common
stock
|
Sale
|
252
|
35.2288 USD
|
common
stock
|
Sale
|
220
|
35.2575 USD
|
common
stock
|
Sale
|
215
|
35.2294 USD
|
common
stock
|
Sale
|
212
|
35.3970 USD
|
common
stock
|
Sale
|
210
|
35.2916 USD
|
common
stock
|
Sale
|
200
|
35.1000 USD
|
common
stock
|
Sale
|
200
|
35.3350 USD
|
common
stock
|
Sale
|
200
|
35.3875 USD
|
common
stock
|
Sale
|
150
|
35.3166 USD
|
common
stock
|
Sale
|
144
|
35.3302 USD
|
common
stock
|
Sale
|
119
|
35.0644 USD
|
common
stock
|
Sale
|
115
|
35.2769 USD
|
common
stock
|
Sale
|
102
|
35.3500 USD
|
common
stock
|
Sale
|
100
|
35.2200 USD
|
common
stock
|
Sale
|
100
|
35.3600 USD
|
common
stock
|
Sale
|
10
|
35.2900 USD
|
common
stock
|
Sale
|
1
|
32.8000 EUR
|
|
|
|
|
|
|
|
|
(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
|
1,498
|
34.9700 USD
|
common
stock
|
SWAP
|
Increasing Long
|
37,400
|
35.3135 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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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:
|
22 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
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