|
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:
|
23
May 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:
|
787,991
|
0.23%
|
565,350
|
0.16%
|
|
(2)
Cash-settled derivatives:
|
286,010
|
0.08%
|
52,065
|
0.01%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
|
TOTAL:
|
1,074,001
|
0.31%
|
617,415
|
0.18%
|
|
(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
|
767,104
|
43.5942 USD
|
|
common
stock
|
Purchase
|
158,168
|
43.9608 USD
|
|
common
stock
|
Purchase
|
112,779
|
43.6134 USD
|
|
common
stock
|
Purchase
|
110,240
|
43.2662 USD
|
|
common
stock
|
Purchase
|
62,071
|
43.3383 USD
|
|
common
stock
|
Purchase
|
34,817
|
42.9429 USD
|
|
common
stock
|
Purchase
|
32,250
|
42.9000 USD
|
|
common
stock
|
Purchase
|
29,722
|
43.1657 USD
|
|
common
stock
|
Purchase
|
29,531
|
43.6268 USD
|
|
common
stock
|
Purchase
|
27,963
|
43.2589 USD
|
|
common
stock
|
Purchase
|
24,682
|
44.0555 USD
|
|
common
stock
|
Purchase
|
24,681
|
42.8715 USD
|
|
common
stock
|
Purchase
|
24,517
|
43.2281 USD
|
|
common
stock
|
Purchase
|
23,704
|
43.5592 USD
|
|
common
stock
|
Purchase
|
23,385
|
43.0289 USD
|
|
common
stock
|
Purchase
|
19,865
|
42.9419 USD
|
|
common
stock
|
Purchase
|
16,809
|
44.1324 USD
|
|
common
stock
|
Purchase
|
13,983
|
43.5417 USD
|
|
common
stock
|
Purchase
|
12,850
|
42.8000 USD
|
|
common
stock
|
Purchase
|
8,033
|
42.9272 USD
|
|
common
stock
|
Purchase
|
7,586
|
43.4721 USD
|
|
common
stock
|
Purchase
|
6,510
|
43.5058 USD
|
|
common
stock
|
Purchase
|
5,577
|
43.0242 USD
|
|
common
stock
|
Purchase
|
5,515
|
44.1600 USD
|
|
common
stock
|
Purchase
|
4,591
|
43.0354 USD
|
|
common
stock
|
Purchase
|
2,817
|
43.7777 USD
|
|
common
stock
|
Purchase
|
2,600
|
42.7872 USD
|
|
common
stock
|
Purchase
|
2,313
|
43.3501 USD
|
|
common
stock
|
Purchase
|
2,050
|
43.9502 USD
|
|
common
stock
|
Purchase
|
2,049
|
43.8768 USD
|
|
common
stock
|
Purchase
|
1,660
|
43.1598 USD
|
|
common
stock
|
Purchase
|
1,400
|
43.7042 USD
|
|
common
stock
|
Purchase
|
1,201
|
43.6258 USD
|
|
common
stock
|
Purchase
|
1,171
|
43.1921 USD
|
|
common
stock
|
Purchase
|
875
|
43.4231 USD
|
|
common
stock
|
Purchase
|
810
|
44.0913 USD
|
|
common
stock
|
Purchase
|
715
|
44.0087 USD
|
|
common
stock
|
Purchase
|
710
|
44.0294 USD
|
|
common
stock
|
Purchase
|
702
|
43.1323 USD
|
|
common
stock
|
Purchase
|
694
|
43.4384 USD
|
|
common
stock
|
Purchase
|
639
|
43.3337 USD
|
|
common
stock
|
Purchase
|
608
|
44.0307 USD
|
|
common
stock
|
Purchase
|
602
|
43.5478 USD
|
|
common
stock
|
Purchase
|
600
|
43.6155 USD
|
|
common
stock
|
Purchase
|
567
|
43.7697 USD
|
|
common
stock
|
Purchase
|
479
|
43.7763 USD
|
|
common
stock
|
Purchase
|
405
|
44.0328 USD
|
|
common
stock
|
Purchase
|
318
|
39.0887 EUR
|
|
common
stock
|
Purchase
|
306
|
43.3552 USD
|
|
common
stock
|
Purchase
|
300
|
43.8050 USD
|
|
common
stock
|
Purchase
|
300
|
44.0466 USD
|
|
common
stock
|
Purchase
|
250
|
42.4500 USD
|
|
common
stock
|
Purchase
|
210
|
42.8154 USD
|
|
common
stock
|
Purchase
|
200
|
44.1550 USD
|
|
common
stock
|
Purchase
|
200
|
44.4300 USD
|
|
common
stock
|
Purchase
|
144
|
42.9865 USD
|
|
common
stock
|
Purchase
|
100
|
44.1100 USD
|
|
common
stock
|
Purchase
|
100
|
44.1200 USD
|
|
common
stock
|
Purchase
|
100
|
43.0900 USD
|
|
common
stock
|
Purchase
|
98
|
42.8100 USD
|
|
common
stock
|
Purchase
|
50
|
43.4670 USD
|
|
common
stock
|
Purchase
|
47
|
43.5110 USD
|
|
common
stock
|
Purchase
|
36
|
42.6450 USD
|
|
common
stock
|
Purchase
|
30
|
43.0350 USD
|
|
common
stock
|
Purchase
|
22
|
44.0300 USD
|
|
common
stock
|
Purchase
|
22
|
43.0800 USD
|
|
common
stock
|
Purchase
|
5
|
42.5400 USD
|
|
common
stock
|
Purchase
|
4
|
42.2300 USD
|
|
common
stock
|
Purchase
|
3
|
44.0500 USD
|
|
common
stock
|
Purchase
|
3
|
42.7790 USD
|
|
common
stock
|
Sale
|
324,132
|
43.9103 USD
|
|
common
stock
|
Sale
|
198,432
|
43.4166 USD
|
|
common
stock
|
Sale
|
167,581
|
43.9522 USD
|
|
common
stock
|
Sale
|
127,188
|
43.6602 USD
|
|
common
stock
|
Sale
|
105,210
|
43.4858 USD
|
|
common
stock
|
Sale
|
71,008
|
43.2026 USD
|
|
common
stock
|
Sale
|
62,043
|
43.3926 USD
|
|
common
stock
|
Sale
|
47,543
|
42.9770 USD
|
|
common
stock
|
Sale
|
42,401
|
43.1722 USD
|
|
common
stock
|
Sale
|
36,041
|
43.2931 USD
|
|
common
stock
|
Sale
|
35,202
|
43.0232 USD
|
|
common
stock
|
Sale
|
32,930
|
43.4186 USD
|
|
common
stock
|
Sale
|
32,930
|
42.9000 USD
|
|
common
stock
|
Sale
|
27,371
|
43.2143 USD
|
|
common
stock
|
Sale
|
24,682
|
44.0555 USD
|
|
common
stock
|
Sale
|
24,681
|
42.8715 USD
|
|
common
stock
|
Sale
|
24,517
|
43.2281 USD
|
|
common
stock
|
Sale
|
23,404
|
43.5515 USD
|
|
common
stock
|
Sale
|
19,785
|
42.9444 USD
|
|
common
stock
|
Sale
|
19,275
|
42.9432 USD
|
|
common
stock
|
Sale
|
14,393
|
43.0462 USD
|
|
common
stock
|
Sale
|
13,983
|
43.5417 USD
|
|
common
stock
|
Sale
|
13,050
|
42.8000 USD
|
|
common
stock
|
Sale
|
12,040
|
42.9417 USD
|
|
common
stock
|
Sale
|
10,089
|
43.1551 USD
|
|
common
stock
|
Sale
|
10,043
|
44.0903 USD
|
|
common
stock
|
Sale
|
8,877
|
42.8223 USD
|
|
common
stock
|
Sale
|
8,608
|
43.4414 USD
|
|
common
stock
|
Sale
|
8,592
|
43.9855 USD
|
|
common
stock
|
Sale
|
7,971
|
44.0323 USD
|
|
common
stock
|
Sale
|
7,332
|
43.6366 USD
|
|
common
stock
|
Sale
|
6,563
|
43.6761 USD
|
|
common
stock
|
Sale
|
5,826
|
43.0815 USD
|
|
common
stock
|
Sale
|
5,534
|
42.9445 USD
|
|
common
stock
|
Sale
|
4,218
|
43.0302 USD
|
|
common
stock
|
Sale
|
3,537
|
43.4036 USD
|
|
common
stock
|
Sale
|
3,172
|
42.9708 USD
|
|
common
stock
|
Sale
|
2,817
|
43.7777 USD
|
|
common
stock
|
Sale
|
2,688
|
43.0178 USD
|
|
common
stock
|
Sale
|
2,102
|
44.1600 USD
|
|
common
stock
|
Sale
|
1,987
|
43.2182 USD
|
|
common
stock
|
Sale
|
1,983
|
43.0965 USD
|
|
common
stock
|
Sale
|
1,903
|
44.1118 USD
|
|
common
stock
|
Sale
|
1,901
|
42.6051 USD
|
|
common
stock
|
Sale
|
1,518
|
43.2004 USD
|
|
common
stock
|
Sale
|
1,300
|
42.7872 USD
|
|
common
stock
|
Sale
|
1,150
|
43.1064 USD
|
|
common
stock
|
Sale
|
1,138
|
42.7849 USD
|
|
common
stock
|
Sale
|
966
|
42.7838 USD
|
|
common
stock
|
Sale
|
750
|
42.4500 USD
|
|
common
stock
|
Sale
|
710
|
44.0294 USD
|
|
common
stock
|
Sale
|
691
|
42.7764 USD
|
|
common
stock
|
Sale
|
628
|
43.2802 USD
|
|
common
stock
|
Sale
|
613
|
42.7884 USD
|
|
common
stock
|
Sale
|
565
|
42.7819 USD
|
|
common
stock
|
Sale
|
503
|
42.9498 USD
|
|
common
stock
|
Sale
|
500
|
42.8060 USD
|
|
common
stock
|
Sale
|
479
|
43.7763 USD
|
|
common
stock
|
Sale
|
465
|
43.2750 USD
|
|
common
stock
|
Sale
|
447
|
42.9508 USD
|
|
common
stock
|
Sale
|
442
|
42.9083 USD
|
|
common
stock
|
Sale
|
400
|
42.7475 USD
|
|
common
stock
|
Sale
|
400
|
43.3575 USD
|
|
common
stock
|
Sale
|
393
|
43.5028 USD
|
|
common
stock
|
Sale
|
334
|
42.7847 USD
|
|
common
stock
|
Sale
|
328
|
42.9464 USD
|
|
common
stock
|
Sale
|
318
|
39.0887 EUR
|
|
common
stock
|
Sale
|
302
|
42.8341 USD
|
|
common
stock
|
Sale
|
300
|
43.8050 USD
|
|
common
stock
|
Sale
|
300
|
42.8100 USD
|
|
common
stock
|
Sale
|
300
|
44.1900 USD
|
|
common
stock
|
Sale
|
300
|
42.7833 USD
|
|
common
stock
|
Sale
|
295
|
44.0728 USD
|
|
common
stock
|
Sale
|
295
|
43.0289 USD
|
|
common
stock
|
Sale
|
274
|
42.9536 USD
|
|
common
stock
|
Sale
|
246
|
43.0636 USD
|
|
common
stock
|
Sale
|
203
|
43.0250 USD
|
|
common
stock
|
Sale
|
200
|
44.1550 USD
|
|
common
stock
|
Sale
|
200
|
43.2652 USD
|
|
common
stock
|
Sale
|
194
|
44.0500 USD
|
|
common
stock
|
Sale
|
186
|
42.7808 USD
|
|
common
stock
|
Sale
|
170
|
43.5100 USD
|
|
common
stock
|
Sale
|
149
|
42.9430 USD
|
|
common
stock
|
Sale
|
122
|
43.0882 USD
|
|
common
stock
|
Sale
|
110
|
43.1900 USD
|
|
common
stock
|
Sale
|
100
|
42.7700 USD
|
|
common
stock
|
Sale
|
100
|
42.7900 USD
|
|
common
stock
|
Sale
|
100
|
43.2500 USD
|
|
common
stock
|
Sale
|
70
|
43.6828 USD
|
|
common
stock
|
Sale
|
63
|
42.7050 USD
|
|
common
stock
|
Sale
|
59
|
43.6054 USD
|
|
common
stock
|
Sale
|
50
|
43.4670 USD
|
|
common
stock
|
Sale
|
47
|
43.5110 USD
|
|
common
stock
|
Sale
|
44
|
43.3145 USD
|
|
common
stock
|
Sale
|
35
|
43.3800 USD
|
|
common
stock
|
Sale
|
30
|
43.6383 USD
|
|
common
stock
|
Sale
|
30
|
43.0350 USD
|
|
common
stock
|
Sale
|
25
|
44.1200 USD
|
|
common
stock
|
Sale
|
24
|
43.4900 USD
|
|
common
stock
|
Sale
|
18
|
43.0100 USD
|
|
common
stock
|
Sale
|
15
|
43.5766 USD
|
|
common
stock
|
Sale
|
7
|
42.7967 USD
|
|
common
stock
|
Sale
|
6
|
44.1500 USD
|
|
common
stock
|
Sale
|
5
|
44.3700 USD
|
|
common
stock
|
Sale
|
5
|
42.5400 USD
|
|
common
stock
|
Sale
|
5
|
42.8300 USD
|
|
common
stock
|
Sale
|
3
|
42.7790 USD
|
|
common
stock
|
Sale
|
1
|
42.8200 USD
|
|
common
stock
|
Sale
|
1
|
42.7800 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
|
90,000
|
USD
|
TBD
|
17-Jan-25
|
2.0000 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:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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24 May 2024
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Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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