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:
|
29
May 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:
|
|
|
794,348
|
0.23%
|
551,810
|
0.16%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
286,010
|
0.08%
|
44,055
|
0.01%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,080,358
|
0.31%
|
595,865
|
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
|
172,190
|
44.5481 USD
|
common
stock
|
Purchase
|
127,701
|
44.4170 USD
|
common
stock
|
Purchase
|
123,232
|
44.5405 USD
|
common
stock
|
Purchase
|
70,280
|
44.5093 USD
|
common
stock
|
Purchase
|
52,876
|
44.4294 USD
|
common
stock
|
Purchase
|
48,526
|
44.4966 USD
|
common
stock
|
Purchase
|
47,307
|
44.4995 USD
|
common
stock
|
Purchase
|
24,838
|
44.4534 USD
|
common
stock
|
Purchase
|
22,620
|
44.5342 USD
|
common
stock
|
Purchase
|
20,823
|
44.6545 USD
|
common
stock
|
Purchase
|
18,701
|
44.5082 USD
|
common
stock
|
Purchase
|
17,138
|
44.4764 USD
|
common
stock
|
Purchase
|
16,564
|
44.4232 USD
|
common
stock
|
Purchase
|
16,206
|
44.4190 USD
|
common
stock
|
Purchase
|
15,586
|
44.4585 USD
|
common
stock
|
Purchase
|
14,325
|
44.4000 USD
|
common
stock
|
Purchase
|
7,695
|
44.5182 USD
|
common
stock
|
Purchase
|
7,259
|
44.4245 USD
|
common
stock
|
Purchase
|
5,357
|
44.4912 USD
|
common
stock
|
Purchase
|
5,038
|
44.4257 USD
|
common
stock
|
Purchase
|
5,018
|
44.4700 USD
|
common
stock
|
Purchase
|
5,004
|
44.5214 USD
|
common
stock
|
Purchase
|
5,000
|
44.4979 USD
|
common
stock
|
Purchase
|
3,578
|
44.5091 USD
|
common
stock
|
Purchase
|
3,071
|
44.5572 USD
|
common
stock
|
Purchase
|
3,008
|
44.5127 USD
|
common
stock
|
Purchase
|
2,931
|
44.5470 USD
|
common
stock
|
Purchase
|
2,275
|
44.3150 USD
|
common
stock
|
Purchase
|
2,163
|
44.5522 USD
|
common
stock
|
Purchase
|
2,093
|
44.5084 USD
|
common
stock
|
Purchase
|
2,090
|
44.4161 USD
|
common
stock
|
Purchase
|
1,800
|
44.5605 USD
|
common
stock
|
Purchase
|
1,551
|
44.4522 USD
|
common
stock
|
Purchase
|
1,427
|
44.5399 USD
|
common
stock
|
Purchase
|
1,357
|
44.4952 USD
|
common
stock
|
Purchase
|
1,084
|
44.4891 USD
|
common
stock
|
Purchase
|
1,029
|
44.4289 USD
|
common
stock
|
Purchase
|
844
|
44.5562 USD
|
common
stock
|
Purchase
|
795
|
44.4894 USD
|
common
stock
|
Purchase
|
780
|
44.5158 USD
|
common
stock
|
Purchase
|
700
|
44.4857 USD
|
common
stock
|
Purchase
|
669
|
44.4793 USD
|
common
stock
|
Purchase
|
458
|
44.4431 USD
|
common
stock
|
Purchase
|
407
|
44.5467 USD
|
common
stock
|
Purchase
|
323
|
44.4369 USD
|
common
stock
|
Purchase
|
300
|
44.4566 USD
|
common
stock
|
Purchase
|
300
|
44.5166 USD
|
common
stock
|
Purchase
|
280
|
44.6600 USD
|
common
stock
|
Purchase
|
268
|
44.4849 USD
|
common
stock
|
Purchase
|
236
|
44.3900 USD
|
common
stock
|
Purchase
|
216
|
44.6450 USD
|
common
stock
|
Purchase
|
190
|
44.5000 USD
|
common
stock
|
Purchase
|
169
|
44.3924 USD
|
common
stock
|
Purchase
|
157
|
44.5100 USD
|
common
stock
|
Purchase
|
129
|
44.4848 USD
|
common
stock
|
Purchase
|
98
|
44.2691 USD
|
common
stock
|
Purchase
|
79
|
44.7600 USD
|
common
stock
|
Purchase
|
79
|
44.5348 USD
|
common
stock
|
Purchase
|
69
|
44.4900 USD
|
common
stock
|
Purchase
|
60
|
44.4800 USD
|
common
stock
|
Purchase
|
50
|
44.9400 USD
|
common
stock
|
Purchase
|
28
|
44.5300 USD
|
common
stock
|
Purchase
|
21
|
44.3800 USD
|
common
stock
|
Purchase
|
20
|
44.5350 USD
|
common
stock
|
Purchase
|
2
|
44.8900 USD
|
common
stock
|
Purchase
|
1
|
44.5200 USD
|
common
stock
|
Sale
|
344,380
|
44.5481 USD
|
common
stock
|
Sale
|
224,930
|
44.4232 USD
|
common
stock
|
Sale
|
45,240
|
44.5342 USD
|
common
stock
|
Sale
|
36,508
|
44.4984 USD
|
common
stock
|
Sale
|
29,720
|
44.5020 USD
|
common
stock
|
Sale
|
24,903
|
44.4660 USD
|
common
stock
|
Sale
|
21,930
|
44.4000 USD
|
common
stock
|
Sale
|
20,782
|
44.5110 USD
|
common
stock
|
Sale
|
11,445
|
44.4636 USD
|
common
stock
|
Sale
|
11,006
|
44.5312 USD
|
common
stock
|
Sale
|
10,133
|
44.4434 USD
|
common
stock
|
Sale
|
9,915
|
44.4086 USD
|
common
stock
|
Sale
|
9,392
|
44.5426 USD
|
common
stock
|
Sale
|
9,233
|
44.4646 USD
|
common
stock
|
Sale
|
8,338
|
44.4920 USD
|
common
stock
|
Sale
|
8,182
|
44.4800 USD
|
common
stock
|
Sale
|
7,259
|
44.4245 USD
|
common
stock
|
Sale
|
6,684
|
44.5103 USD
|
common
stock
|
Sale
|
6,058
|
44.4153 USD
|
common
stock
|
Sale
|
5,764
|
44.4669 USD
|
common
stock
|
Sale
|
5,549
|
44.4426 USD
|
common
stock
|
Sale
|
4,206
|
44.5209 USD
|
common
stock
|
Sale
|
3,670
|
44.4852 USD
|
common
stock
|
Sale
|
3,495
|
44.4587 USD
|
common
stock
|
Sale
|
3,228
|
44.5679 USD
|
common
stock
|
Sale
|
2,900
|
44.4518 USD
|
common
stock
|
Sale
|
2,558
|
44.4589 USD
|
common
stock
|
Sale
|
2,210
|
44.5597 USD
|
common
stock
|
Sale
|
2,148
|
44.5913 USD
|
common
stock
|
Sale
|
1,619
|
44.5061 USD
|
common
stock
|
Sale
|
1,551
|
44.4522 USD
|
common
stock
|
Sale
|
1,364
|
44.5436 USD
|
common
stock
|
Sale
|
1,278
|
44.4110 USD
|
common
stock
|
Sale
|
1,002
|
44.5665 USD
|
common
stock
|
Sale
|
968
|
44.5671 USD
|
common
stock
|
Sale
|
900
|
44.5333 USD
|
common
stock
|
Sale
|
891
|
44.6099 USD
|
common
stock
|
Sale
|
841
|
44.4759 USD
|
common
stock
|
Sale
|
795
|
44.5255 USD
|
common
stock
|
Sale
|
790
|
44.4700 USD
|
common
stock
|
Sale
|
723
|
44.4267 USD
|
common
stock
|
Sale
|
666
|
44.5927 USD
|
common
stock
|
Sale
|
595
|
44.3765 USD
|
common
stock
|
Sale
|
489
|
44.4825 USD
|
common
stock
|
Sale
|
441
|
44.5197 USD
|
common
stock
|
Sale
|
402
|
44.5461 USD
|
common
stock
|
Sale
|
347
|
44.5701 USD
|
common
stock
|
Sale
|
300
|
44.6600 USD
|
common
stock
|
Sale
|
300
|
44.5500 USD
|
common
stock
|
Sale
|
300
|
44.5700 USD
|
common
stock
|
Sale
|
300
|
44.4450 USD
|
common
stock
|
Sale
|
237
|
44.3900 USD
|
common
stock
|
Sale
|
206
|
44.5216 USD
|
common
stock
|
Sale
|
205
|
44.5000 USD
|
common
stock
|
Sale
|
205
|
44.5282 USD
|
common
stock
|
Sale
|
200
|
44.4350 USD
|
common
stock
|
Sale
|
200
|
44.3950 USD
|
common
stock
|
Sale
|
200
|
44.3700 USD
|
common
stock
|
Sale
|
200
|
44.5150 USD
|
common
stock
|
Sale
|
200
|
44.3600 USD
|
common
stock
|
Sale
|
125
|
44.5400 USD
|
common
stock
|
Sale
|
110
|
44.3618 USD
|
common
stock
|
Sale
|
100
|
44.7500 USD
|
common
stock
|
Sale
|
100
|
44.3100 USD
|
common
stock
|
Sale
|
100
|
44.6300 USD
|
common
stock
|
Sale
|
98
|
44.2691 USD
|
common
stock
|
Sale
|
60
|
44.4116 USD
|
common
stock
|
Sale
|
50
|
44.9400 USD
|
common
stock
|
Sale
|
33
|
44.7800 USD
|
common
stock
|
Sale
|
31
|
44.4577 USD
|
common
stock
|
Sale
|
20
|
44.5350 USD
|
common
stock
|
Sale
|
12
|
44.3825 USD
|
common
stock
|
Sale
|
11
|
44.2700 USD
|
common
stock
|
Sale
|
2
|
44.2800 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
|
Put
Options
|
Selling
|
1,200
|
45.0000 USD
|
American
|
16 Aug
2024
|
3.2000 USD
|
common
stock
|
Put
Options
|
Selling
|
7,000
|
43.0000 USD
|
American
|
16 Aug
2024
|
2.0000 USD
|
common
stock
|
Call
Options
|
Selling
|
2,600
|
46.0000 USD
|
American
|
07 Jun
2024
|
0.5576 USD
|
common
stock
|
Call
Options
|
Selling
|
4,000
|
45.0000 USD
|
American
|
07 Jun
2024
|
0.9287 USD
|
common
stock
|
Call
Options
|
Selling
|
7,100
|
48.0000 USD
|
American
|
16 Aug
2024
|
1.7500 USD
|
common
stock
|
Put
Options
|
Selling
|
3,600
|
48.0000 USD
|
American
|
16 Aug
2024
|
4.5000 USD
|
common
stock
|
Call
Options
|
Selling
|
7,900
|
46.0000 USD
|
American
|
07 Jun
2024
|
0.5955 USD
|
common
stock
|
Call
Options
|
Selling
|
2,800
|
47.0000 USD
|
American
|
07 Jun
2024
|
0.3500 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:
|
30 May 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
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