|
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
relevant securities this form relates:
|
INTERNATIONAL PAPER COMPANY
|
|
(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:
|
21
Nov 2024
|
|
(f)
|
In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
|
YES:
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:
|
884,030
|
0.25%
|
580,362
|
0.16%
|
|
(2)
Cash-settled derivatives:
|
344,936
|
0.09%
|
13,660
|
0.00%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
|
TOTAL:
|
1,228,966
|
0.34%
|
594,022
|
0.16%
|
|
(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 PERSON MAKING THE
DISCLOSURE
|
|
(a)
|
Purchase and sales
|
|
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
|
common
stock
|
Purchase
|
241,948
|
58.9920 USD
|
|
common
stock
|
Purchase
|
220,952
|
58.9560 USD
|
|
common
stock
|
Purchase
|
211,904
|
59.0506 USD
|
|
common
stock
|
Purchase
|
167,486
|
59.1800 USD
|
|
common
stock
|
Purchase
|
46,036
|
58.9767 USD
|
|
common
stock
|
Purchase
|
35,212
|
58.9280 USD
|
|
common
stock
|
Purchase
|
30,787
|
58.9415 USD
|
|
common
stock
|
Purchase
|
26,800
|
58.4537 USD
|
|
common
stock
|
Purchase
|
24,572
|
59.1649 USD
|
|
common
stock
|
Purchase
|
23,245
|
59.4400 USD
|
|
common
stock
|
Purchase
|
14,321
|
58.8814 USD
|
|
common
stock
|
Purchase
|
13,894
|
59.0507 USD
|
|
common
stock
|
Purchase
|
13,702
|
59.0770 USD
|
|
common
stock
|
Purchase
|
10,156
|
58.9854 USD
|
|
common
stock
|
Purchase
|
9,582
|
58.9221 USD
|
|
common
stock
|
Purchase
|
9,300
|
58.3221 USD
|
|
common
stock
|
Purchase
|
9,285
|
59.1753 USD
|
|
common
stock
|
Purchase
|
9,171
|
59.1934 USD
|
|
common
stock
|
Purchase
|
7,140
|
58.4743 USD
|
|
common
stock
|
Purchase
|
6,670
|
59.4346 USD
|
|
common
stock
|
Purchase
|
5,827
|
59.2567 USD
|
|
common
stock
|
Purchase
|
5,683
|
59.3842 USD
|
|
common
stock
|
Purchase
|
5,566
|
58.4506 USD
|
|
common
stock
|
Purchase
|
5,556
|
58.8683 USD
|
|
common
stock
|
Purchase
|
5,417
|
58.4242 USD
|
|
common
stock
|
Purchase
|
4,500
|
58.2062 USD
|
|
common
stock
|
Purchase
|
4,190
|
59.3195 USD
|
|
common
stock
|
Purchase
|
3,437
|
59.4272 USD
|
|
common
stock
|
Purchase
|
3,364
|
59.2910 USD
|
|
common
stock
|
Purchase
|
3,319
|
58.7389 USD
|
|
common
stock
|
Purchase
|
3,196
|
59.3733 USD
|
|
common
stock
|
Purchase
|
2,934
|
58.4395 USD
|
|
common
stock
|
Purchase
|
2,849
|
59.1309 USD
|
|
common
stock
|
Purchase
|
2,710
|
59.1159 USD
|
|
common
stock
|
Purchase
|
2,392
|
59.2260 USD
|
|
common
stock
|
Purchase
|
2,152
|
58.5168 USD
|
|
common
stock
|
Purchase
|
1,861
|
58.9734 USD
|
|
common
stock
|
Purchase
|
1,548
|
59.2669 USD
|
|
common
stock
|
Purchase
|
1,523
|
58.4390 USD
|
|
common
stock
|
Purchase
|
1,505
|
59.4071 USD
|
|
common
stock
|
Purchase
|
1,420
|
58.4540 USD
|
|
common
stock
|
Purchase
|
1,409
|
59.4131 USD
|
|
common
stock
|
Purchase
|
1,376
|
58.4707 USD
|
|
common
stock
|
Purchase
|
1,254
|
58.4772 USD
|
|
common
stock
|
Purchase
|
1,248
|
59.2305 USD
|
|
common
stock
|
Purchase
|
1,118
|
59.3556 USD
|
|
common
stock
|
Purchase
|
1,100
|
59.2218 USD
|
|
common
stock
|
Purchase
|
1,097
|
59.0089 USD
|
|
common
stock
|
Purchase
|
1,092
|
58.4705 USD
|
|
common
stock
|
Purchase
|
1,081
|
59.1403 USD
|
|
common
stock
|
Purchase
|
962
|
59.2735 USD
|
|
common
stock
|
Purchase
|
961
|
58.3683 USD
|
|
common
stock
|
Purchase
|
800
|
59.3850 USD
|
|
common
stock
|
Purchase
|
770
|
58.4590 USD
|
|
common
stock
|
Purchase
|
732
|
58.7704 USD
|
|
common
stock
|
Purchase
|
655
|
58.8890 USD
|
|
common
stock
|
Purchase
|
600
|
58.5000 USD
|
|
common
stock
|
Purchase
|
400
|
58.4675 USD
|
|
common
stock
|
Purchase
|
400
|
59.1600 USD
|
|
common
stock
|
Purchase
|
400
|
58.8600 USD
|
|
common
stock
|
Purchase
|
381
|
58.4210 USD
|
|
common
stock
|
Purchase
|
347
|
59.3366 USD
|
|
common
stock
|
Purchase
|
337
|
55.7530 EUR
|
|
common
stock
|
Purchase
|
300
|
58.3533 USD
|
|
common
stock
|
Purchase
|
300
|
59.1366 USD
|
|
common
stock
|
Purchase
|
287
|
59.0547 USD
|
|
common
stock
|
Purchase
|
222
|
59.2714 USD
|
|
common
stock
|
Purchase
|
200
|
59.3200 USD
|
|
common
stock
|
Purchase
|
200
|
58.2700 USD
|
|
common
stock
|
Purchase
|
200
|
58.4950 USD
|
|
common
stock
|
Purchase
|
161
|
59.1813 USD
|
|
common
stock
|
Purchase
|
157
|
58.4100 USD
|
|
common
stock
|
Purchase
|
138
|
59.4073 USD
|
|
common
stock
|
Purchase
|
136
|
59.1500 USD
|
|
common
stock
|
Purchase
|
119
|
59.4773 USD
|
|
common
stock
|
Purchase
|
116
|
59.3500 USD
|
|
common
stock
|
Purchase
|
111
|
59.1030 USD
|
|
common
stock
|
Purchase
|
106
|
59.2000 USD
|
|
common
stock
|
Purchase
|
100
|
59.2500 USD
|
|
common
stock
|
Purchase
|
100
|
59.2100 USD
|
|
common
stock
|
Purchase
|
100
|
58.4050 USD
|
|
common
stock
|
Purchase
|
95
|
58.8231 USD
|
|
common
stock
|
Purchase
|
89
|
58.4200 USD
|
|
common
stock
|
Purchase
|
80
|
58.9962 USD
|
|
common
stock
|
Purchase
|
75
|
59.4100 USD
|
|
common
stock
|
Purchase
|
60
|
59.1758 USD
|
|
common
stock
|
Purchase
|
51
|
59.1078 USD
|
|
common
stock
|
Purchase
|
46
|
58.7600 USD
|
|
common
stock
|
Purchase
|
29
|
59.2055 USD
|
|
common
stock
|
Purchase
|
20
|
58.4600 USD
|
|
common
stock
|
Purchase
|
19
|
55.8357 EUR
|
|
common
stock
|
Purchase
|
15
|
59.4600 USD
|
|
common
stock
|
Purchase
|
6
|
59.3400 USD
|
|
common
stock
|
Purchase
|
5
|
59.3100 USD
|
|
common
stock
|
Purchase
|
5
|
58.8700 USD
|
|
common
stock
|
Purchase
|
5
|
59.4200 USD
|
|
common
stock
|
Purchase
|
2
|
58.6825 USD
|
|
common
stock
|
Purchase
|
2
|
58.2000 USD
|
|
common
stock
|
Sale
|
600,000
|
58.9892 USD
|
|
common
stock
|
Sale
|
114,164
|
59.1800 USD
|
|
common
stock
|
Sale
|
98,159
|
59.0482 USD
|
|
common
stock
|
Sale
|
45,156
|
58.9479 USD
|
|
common
stock
|
Sale
|
43,124
|
59.0448 USD
|
|
common
stock
|
Sale
|
26,800
|
58.4537 USD
|
|
common
stock
|
Sale
|
26,101
|
58.4528 USD
|
|
common
stock
|
Sale
|
23,465
|
59.2877 USD
|
|
common
stock
|
Sale
|
23,245
|
59.4400 USD
|
|
common
stock
|
Sale
|
18,676
|
59.2033 USD
|
|
common
stock
|
Sale
|
18,600
|
58.3221 USD
|
|
common
stock
|
Sale
|
17,156
|
59.2496 USD
|
|
common
stock
|
Sale
|
16,910
|
58.9859 USD
|
|
common
stock
|
Sale
|
16,030
|
59.1890 USD
|
|
common
stock
|
Sale
|
12,643
|
58.9042 USD
|
|
common
stock
|
Sale
|
9,988
|
58.9842 USD
|
|
common
stock
|
Sale
|
9,839
|
58.9209 USD
|
|
common
stock
|
Sale
|
9,202
|
59.0057 USD
|
|
common
stock
|
Sale
|
8,980
|
58.9529 USD
|
|
common
stock
|
Sale
|
8,723
|
59.1912 USD
|
|
common
stock
|
Sale
|
8,687
|
59.0537 USD
|
|
common
stock
|
Sale
|
5,232
|
59.1545 USD
|
|
common
stock
|
Sale
|
4,539
|
58.9041 USD
|
|
common
stock
|
Sale
|
4,171
|
59.0208 USD
|
|
common
stock
|
Sale
|
2,189
|
58.9240 USD
|
|
common
stock
|
Sale
|
1,834
|
59.2235 USD
|
|
common
stock
|
Sale
|
1,751
|
58.9504 USD
|
|
common
stock
|
Sale
|
1,687
|
59.2823 USD
|
|
common
stock
|
Sale
|
1,305
|
59.4248 USD
|
|
common
stock
|
Sale
|
936
|
59.0615 USD
|
|
common
stock
|
Sale
|
709
|
59.1859 USD
|
|
common
stock
|
Sale
|
700
|
59.0403 USD
|
|
common
stock
|
Sale
|
699
|
58.4855 USD
|
|
common
stock
|
Sale
|
620
|
58.6014 USD
|
|
common
stock
|
Sale
|
612
|
58.9248 USD
|
|
common
stock
|
Sale
|
454
|
59.3207 USD
|
|
common
stock
|
Sale
|
408
|
58.8356 USD
|
|
common
stock
|
Sale
|
402
|
59.1573 USD
|
|
common
stock
|
Sale
|
400
|
59.4125 USD
|
|
common
stock
|
Sale
|
400
|
58.8600 USD
|
|
common
stock
|
Sale
|
337
|
55.7530 EUR
|
|
common
stock
|
Sale
|
300
|
59.1100 USD
|
|
common
stock
|
Sale
|
246
|
59.1703 USD
|
|
common
stock
|
Sale
|
245
|
59.3188 USD
|
|
common
stock
|
Sale
|
222
|
59.1695 USD
|
|
common
stock
|
Sale
|
200
|
59.3950 USD
|
|
common
stock
|
Sale
|
120
|
58.9791 USD
|
|
common
stock
|
Sale
|
110
|
59.3400 USD
|
|
common
stock
|
Sale
|
103
|
59.1600 USD
|
|
common
stock
|
Sale
|
100
|
59.4000 USD
|
|
common
stock
|
Sale
|
46
|
58.7600 USD
|
|
common
stock
|
Sale
|
45
|
59.3000 USD
|
|
common
stock
|
Sale
|
23
|
59.2400 USD
|
|
common
stock
|
Sale
|
19
|
55.8357 EUR
|
|
common
stock
|
Sale
|
16
|
59.2353 USD
|
|
common
stock
|
Sale
|
10
|
59.3850 USD
|
|
common
stock
|
Sale
|
8
|
58.9118 USD
|
|
common
stock
|
Sale
|
8
|
59.2837 USD
|
|
common
stock
|
Sale
|
5
|
59.4200 USD
|
|
common
stock
|
Sale
|
2
|
58.6825 USD
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions
(including options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
Class
of
relevant
security
|
Product
description
|
Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
|
Expiry
date
|
Option
money
paid/
received
per unit
|
|
common
stock
|
Call
Options
|
Purchasing
|
6,800
|
63.0000 USD
|
American
|
17 Jan
2025
|
1.2000 USD
|
|
common
stock
|
Put
Options
|
Purchasing
|
14,000
|
60.0000 USD
|
American
|
17 Jan
2025
|
2.6207 USD
|
|
common
stock
|
Call
Options
|
Purchasing
|
2,100
|
60.0000 USD
|
American
|
17 Jan
2025
|
1.7500 USD
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
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 person 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 Nov 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|