|
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 COMPANY
|
|
|
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:
|
25
Jul 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:
|
|
|
921,749
|
0.27%
|
438,646
|
0.13%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
105,862
|
0.03%
|
0
|
0.00%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
24,700
|
0.01%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,027,611
|
0.30%
|
463,346
|
0.13%
|
|
(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
|
2,251,592
|
45.8043 USD
|
|
common
stock
|
Purchase
|
388,085
|
45.8962 USD
|
|
common
stock
|
Purchase
|
360,785
|
45.7499 USD
|
|
common
stock
|
Purchase
|
307,823
|
45.6967 USD
|
|
common
stock
|
Purchase
|
140,644
|
46.1761 USD
|
|
common
stock
|
Purchase
|
133,000
|
46.1500 USD
|
|
common
stock
|
Purchase
|
75,985
|
46.0610 USD
|
|
common
stock
|
Purchase
|
53,394
|
46.1181 USD
|
|
common
stock
|
Purchase
|
51,920
|
46.0638 USD
|
|
common
stock
|
Purchase
|
49,137
|
45.9693 USD
|
|
common
stock
|
Purchase
|
47,181
|
46.2244 USD
|
|
common
stock
|
Purchase
|
36,633
|
46.0433 USD
|
|
common
stock
|
Purchase
|
20,604
|
46.1984 USD
|
|
common
stock
|
Purchase
|
13,742
|
46.0998 USD
|
|
common
stock
|
Purchase
|
13,028
|
46.0120 USD
|
|
common
stock
|
Purchase
|
12,939
|
46.0787 USD
|
|
common
stock
|
Purchase
|
12,042
|
46.0755 USD
|
|
common
stock
|
Purchase
|
10,202
|
45.9849 USD
|
|
common
stock
|
Purchase
|
10,076
|
46.0106 USD
|
|
common
stock
|
Purchase
|
9,570
|
46.1596 USD
|
|
common
stock
|
Purchase
|
9,430
|
45.9982 USD
|
|
common
stock
|
Purchase
|
7,989
|
46.1307 USD
|
|
common
stock
|
Purchase
|
7,171
|
45.8347 USD
|
|
common
stock
|
Purchase
|
7,140
|
46.1148 USD
|
|
common
stock
|
Purchase
|
5,635
|
46.1613 USD
|
|
common
stock
|
Purchase
|
4,596
|
46.0822 USD
|
|
common
stock
|
Purchase
|
3,655
|
46.0913 USD
|
|
common
stock
|
Purchase
|
2,971
|
46.0960 USD
|
|
common
stock
|
Purchase
|
2,348
|
46.1526 USD
|
|
common
stock
|
Purchase
|
2,000
|
45.7407 USD
|
|
common
stock
|
Purchase
|
1,669
|
45.9847 USD
|
|
common
stock
|
Purchase
|
1,398
|
46.2142 USD
|
|
common
stock
|
Purchase
|
1,300
|
46.1615 USD
|
|
common
stock
|
Purchase
|
1,127
|
46.2200 USD
|
|
common
stock
|
Purchase
|
959
|
44.6500 USD
|
|
common
stock
|
Purchase
|
959
|
45.6500 USD
|
|
common
stock
|
Purchase
|
853
|
46.2364 USD
|
|
common
stock
|
Purchase
|
800
|
46.3000 USD
|
|
common
stock
|
Purchase
|
798
|
45.6887 USD
|
|
common
stock
|
Purchase
|
694
|
46.2369 USD
|
|
common
stock
|
Purchase
|
607
|
46.1540 USD
|
|
common
stock
|
Purchase
|
534
|
45.6694 USD
|
|
common
stock
|
Purchase
|
527
|
46.3198 USD
|
|
common
stock
|
Purchase
|
499
|
45.9866 USD
|
|
common
stock
|
Purchase
|
495
|
46.0605 USD
|
|
common
stock
|
Purchase
|
307
|
45.7613 USD
|
|
common
stock
|
Purchase
|
204
|
46.2600 USD
|
|
common
stock
|
Purchase
|
201
|
46.1777 USD
|
|
common
stock
|
Purchase
|
200
|
45.9000 USD
|
|
common
stock
|
Purchase
|
200
|
45.6600 USD
|
|
common
stock
|
Purchase
|
200
|
46.2550 USD
|
|
common
stock
|
Purchase
|
200
|
45.6900 USD
|
|
common
stock
|
Purchase
|
103
|
46.4213 USD
|
|
common
stock
|
Purchase
|
100
|
46.2000 USD
|
|
common
stock
|
Purchase
|
100
|
45.7800 USD
|
|
common
stock
|
Purchase
|
30
|
45.7500 USD
|
|
common
stock
|
Purchase
|
22
|
45.8882 USD
|
|
common
stock
|
Purchase
|
8
|
42.3700 EUR
|
|
common
stock
|
Purchase
|
4
|
45.6700 USD
|
|
common
stock
|
Purchase
|
3
|
46.3100 USD
|
|
common
stock
|
Sale
|
750,516
|
45.8754 USD
|
|
common
stock
|
Sale
|
639,740
|
45.7813 USD
|
|
common
stock
|
Sale
|
360,785
|
45.7499 USD
|
|
common
stock
|
Sale
|
309,589
|
45.6966 USD
|
|
common
stock
|
Sale
|
222,550
|
45.8214 USD
|
|
common
stock
|
Sale
|
166,621
|
45.7982 USD
|
|
common
stock
|
Sale
|
158,000
|
46.1500 USD
|
|
common
stock
|
Sale
|
146,742
|
46.1453 USD
|
|
common
stock
|
Sale
|
137,041
|
46.1171 USD
|
|
common
stock
|
Sale
|
123,218
|
45.6034 USD
|
|
common
stock
|
Sale
|
108,182
|
45.8626 USD
|
|
common
stock
|
Sale
|
104,193
|
46.2163 USD
|
|
common
stock
|
Sale
|
80,007
|
45.9152 USD
|
|
common
stock
|
Sale
|
73,574
|
46.0692 USD
|
|
common
stock
|
Sale
|
62,248
|
46.0228 USD
|
|
common
stock
|
Sale
|
58,421
|
46.1874 USD
|
|
common
stock
|
Sale
|
50,285
|
46.1863 USD
|
|
common
stock
|
Sale
|
44,424
|
45.8387 USD
|
|
common
stock
|
Sale
|
39,582
|
45.9882 USD
|
|
common
stock
|
Sale
|
38,066
|
46.1368 USD
|
|
common
stock
|
Sale
|
36,633
|
46.0433 USD
|
|
common
stock
|
Sale
|
35,319
|
45.8362 USD
|
|
common
stock
|
Sale
|
28,221
|
46.0121 USD
|
|
common
stock
|
Sale
|
25,887
|
45.9015 USD
|
|
common
stock
|
Sale
|
12,908
|
46.0219 USD
|
|
common
stock
|
Sale
|
12,312
|
45.9615 USD
|
|
common
stock
|
Sale
|
11,788
|
45.8252 USD
|
|
common
stock
|
Sale
|
10,902
|
45.8270 USD
|
|
common
stock
|
Sale
|
10,676
|
45.8000 USD
|
|
common
stock
|
Sale
|
10,623
|
46.0575 USD
|
|
common
stock
|
Sale
|
10,202
|
45.9849 USD
|
|
common
stock
|
Sale
|
10,049
|
45.7786 USD
|
|
common
stock
|
Sale
|
9,619
|
46.0736 USD
|
|
common
stock
|
Sale
|
7,171
|
45.8347 USD
|
|
common
stock
|
Sale
|
7,128
|
45.9779 USD
|
|
common
stock
|
Sale
|
6,200
|
45.6853 USD
|
|
common
stock
|
Sale
|
5,640
|
46.1395 USD
|
|
common
stock
|
Sale
|
5,162
|
45.9594 USD
|
|
common
stock
|
Sale
|
4,052
|
46.0533 USD
|
|
common
stock
|
Sale
|
4,034
|
46.2121 USD
|
|
common
stock
|
Sale
|
3,709
|
46.1229 USD
|
|
common
stock
|
Sale
|
3,693
|
46.0885 USD
|
|
common
stock
|
Sale
|
3,344
|
45.8130 USD
|
|
common
stock
|
Sale
|
3,040
|
46.0545 USD
|
|
common
stock
|
Sale
|
2,771
|
46.1954 USD
|
|
common
stock
|
Sale
|
2,552
|
45.5958 USD
|
|
common
stock
|
Sale
|
2,332
|
45.7656 USD
|
|
common
stock
|
Sale
|
2,008
|
45.8251 USD
|
|
common
stock
|
Sale
|
2,000
|
45.7147 USD
|
|
common
stock
|
Sale
|
2,000
|
45.9422 USD
|
|
common
stock
|
Sale
|
1,749
|
45.7998 USD
|
|
common
stock
|
Sale
|
1,724
|
46.2138 USD
|
|
common
stock
|
Sale
|
1,643
|
46.0376 USD
|
|
common
stock
|
Sale
|
1,615
|
45.9065 USD
|
|
common
stock
|
Sale
|
1,400
|
45.7185 USD
|
|
common
stock
|
Sale
|
1,400
|
45.8189 USD
|
|
common
stock
|
Sale
|
1,398
|
46.2142 USD
|
|
common
stock
|
Sale
|
1,300
|
46.1615 USD
|
|
common
stock
|
Sale
|
1,300
|
45.7723 USD
|
|
common
stock
|
Sale
|
1,290
|
46.1378 USD
|
|
common
stock
|
Sale
|
1,123
|
46.1593 USD
|
|
common
stock
|
Sale
|
1,100
|
45.6718 USD
|
|
common
stock
|
Sale
|
1,100
|
45.7521 USD
|
|
common
stock
|
Sale
|
1,059
|
46.1341 USD
|
|
common
stock
|
Sale
|
1,000
|
45.7407 USD
|
|
common
stock
|
Sale
|
999
|
46.0881 USD
|
|
common
stock
|
Sale
|
964
|
45.6500 USD
|
|
common
stock
|
Sale
|
959
|
44.6500 USD
|
|
common
stock
|
Sale
|
934
|
46.2200 USD
|
|
common
stock
|
Sale
|
853
|
46.2364 USD
|
|
common
stock
|
Sale
|
800
|
46.1150 USD
|
|
common
stock
|
Sale
|
800
|
46.3000 USD
|
|
common
stock
|
Sale
|
700
|
45.9442 USD
|
|
common
stock
|
Sale
|
694
|
46.2369 USD
|
|
common
stock
|
Sale
|
631
|
46.0150 USD
|
|
common
stock
|
Sale
|
627
|
45.9124 USD
|
|
common
stock
|
Sale
|
619
|
46.1982 USD
|
|
common
stock
|
Sale
|
600
|
45.6850 USD
|
|
common
stock
|
Sale
|
546
|
45.6256 USD
|
|
common
stock
|
Sale
|
540
|
45.6740 USD
|
|
common
stock
|
Sale
|
515
|
45.7243 USD
|
|
common
stock
|
Sale
|
500
|
45.7548 USD
|
|
common
stock
|
Sale
|
500
|
45.7040 USD
|
|
common
stock
|
Sale
|
481
|
45.7369 USD
|
|
common
stock
|
Sale
|
449
|
46.2555 USD
|
|
common
stock
|
Sale
|
406
|
45.8782 USD
|
|
common
stock
|
Sale
|
400
|
46.2000 USD
|
|
common
stock
|
Sale
|
400
|
46.0450 USD
|
|
common
stock
|
Sale
|
340
|
46.0026 USD
|
|
common
stock
|
Sale
|
217
|
45.6970 USD
|
|
common
stock
|
Sale
|
205
|
45.7800 USD
|
|
common
stock
|
Sale
|
200
|
45.9924 USD
|
|
common
stock
|
Sale
|
185
|
45.7847 USD
|
|
common
stock
|
Sale
|
150
|
45.6700 USD
|
|
common
stock
|
Sale
|
120
|
46.3293 USD
|
|
common
stock
|
Sale
|
100
|
45.9000 USD
|
|
common
stock
|
Sale
|
100
|
46.0715 USD
|
|
common
stock
|
Sale
|
100
|
45.8100 USD
|
|
common
stock
|
Sale
|
94
|
45.7500 USD
|
|
common
stock
|
Sale
|
80
|
45.9650 USD
|
|
common
stock
|
Sale
|
50
|
45.8200 USD
|
|
common
stock
|
Sale
|
49
|
46.2100 USD
|
|
common
stock
|
Sale
|
42
|
46.3900 USD
|
|
common
stock
|
Sale
|
38
|
45.7655 USD
|
|
common
stock
|
Sale
|
35
|
46.0014 USD
|
|
common
stock
|
Sale
|
30
|
46.2650 USD
|
|
common
stock
|
Sale
|
25
|
45.7620 USD
|
|
common
stock
|
Sale
|
25
|
45.7020 USD
|
|
common
stock
|
Sale
|
25
|
46.1020 USD
|
|
common
stock
|
Sale
|
8
|
45.5700 USD
|
|
common
stock
|
Sale
|
8
|
42.3700 EUR
|
|
common
stock
|
Sale
|
6
|
45.7967 USD
|
|
common
stock
|
Sale
|
6
|
45.7600 USD
|
|
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
|
relevant
|
description
|
|
reference
|
unit
|
|
security
|
|
|
securities
|
|
|
common
stock
|
SWAP
|
Opening
Long
|
29,700
|
46.0189 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
|
|
|
|
|
|
common
stock
|
Call
Options
|
Selling
|
22,600
|
48.0000 USD
|
American
|
02 Aug
2024
|
0.2520 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?
|
YES
|
|
Date of disclosure:
|
26 Jul 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DETAILS OF OPEN OPTION AND
DERIVATIVE POSITIONS, AGREEMENTS TO
|
|
PURCHASE OR SELL
ETC.
|
|
Note 5(i) on Rule 8 of the
Takeover Code (the "Code")
|
|
1.
|
KEY
INFORMATION
|
|
Identity of the person whose
positions/dealings
|
Barclays PLC.
|
|
are
being disclosed:
|
|
Name of offeror/offeree in relation to whose
|
INTERNATIONAL PAPER CO
|
|
relevant securities this from relates:
|
|
|
|
|
|
|
|
|
|
|
2.
|
OPTIONS AND DERIVATIVES
|
|
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
|
|
common
stock
|
Put
Options
|
Purchased
|
-24,700
|
43.0000
|
American
|
16 Aug
2024
|
|
|
|
|
|
|
|
|
|
|
3.
|
AGREEMENTS TO PURCHASE OR SELL ETC.
|
|
Full details should be given so that the nature of the
interest or position can be fully understood:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|