|
FORM 8.3
|
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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")
|
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1.
|
KEY
INFORMATION
|
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
|
|
|
|
positions disclosed, if different from 1(a):
|
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(c)
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Name of offeror/offeree in relation to whose
|
INTERNATIONAL PAPER COMPANY
|
|
|
relevant securities this form relates:
|
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(d)
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If
an exempt fund manager connected with an
|
|
|
|
offeror/offeree, state this and specify identity
of
|
|
|
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
|
30
Jul 2024
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(f)
|
In
addition to the company in 1(c) above, is the discloser
making
|
YES:
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|
|
|
|
disclosures in respect of any other party to the
offer?
|
DS
SMITH PLC
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2.
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POSITIONS OF THE PERSON MAKING THE DISCLOSURE
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(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:
|
|
|
831,790
|
0.24%
|
523,021
|
0.15%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
168,662
|
0.05%
|
0
|
0.00%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
24,700
|
0.01%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,000,452
|
0.29%
|
547,721
|
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
|
|
|
|
|
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Details, including nature of the rights
|
|
|
|
|
|
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
|
|
(a)
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Purchases and sales
|
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
|
security
|
|
securities
|
|
|
common
stock
|
Purchase
|
99,246
|
46.1028 USD
|
|
common
stock
|
Purchase
|
73,226
|
46.2805 USD
|
|
common
stock
|
Purchase
|
49,093
|
46.0477 USD
|
|
common
stock
|
Purchase
|
41,828
|
46.1793 USD
|
|
common
stock
|
Purchase
|
35,393
|
46.1513 USD
|
|
common
stock
|
Purchase
|
31,049
|
46.0877 USD
|
|
common
stock
|
Purchase
|
27,926
|
46.2107 USD
|
|
common
stock
|
Purchase
|
17,327
|
45.9200 USD
|
|
common
stock
|
Purchase
|
7,359
|
46.1031 USD
|
|
common
stock
|
Purchase
|
7,136
|
46.1162 USD
|
|
common
stock
|
Purchase
|
6,435
|
46.3812 USD
|
|
common
stock
|
Purchase
|
4,713
|
45.9479 USD
|
|
common
stock
|
Purchase
|
3,451
|
46.0739 USD
|
|
common
stock
|
Purchase
|
3,206
|
46.3137 USD
|
|
common
stock
|
Purchase
|
3,125
|
46.3112 USD
|
|
common
stock
|
Purchase
|
2,315
|
46.1885 USD
|
|
common
stock
|
Purchase
|
2,104
|
46.2875 USD
|
|
common
stock
|
Purchase
|
1,403
|
46.2536 USD
|
|
common
stock
|
Purchase
|
1,386
|
46.2685 USD
|
|
common
stock
|
Purchase
|
1,000
|
45.9900 USD
|
|
common
stock
|
Purchase
|
828
|
46.1562 USD
|
|
common
stock
|
Purchase
|
601
|
46.3493 USD
|
|
common
stock
|
Purchase
|
568
|
46.3070 USD
|
|
common
stock
|
Purchase
|
501
|
46.2752 USD
|
|
common
stock
|
Purchase
|
458
|
46.2237 USD
|
|
common
stock
|
Purchase
|
400
|
46.2850 USD
|
|
common
stock
|
Purchase
|
311
|
46.3183 USD
|
|
common
stock
|
Purchase
|
306
|
46.0382 USD
|
|
common
stock
|
Purchase
|
304
|
46.2576 USD
|
|
common
stock
|
Purchase
|
230
|
46.4404 USD
|
|
common
stock
|
Purchase
|
200
|
46.3025 USD
|
|
common
stock
|
Purchase
|
200
|
46.2700 USD
|
|
common
stock
|
Purchase
|
200
|
46.2650 USD
|
|
common
stock
|
Purchase
|
103
|
46.3200 USD
|
|
common
stock
|
Purchase
|
101
|
46.2605 USD
|
|
common
stock
|
Purchase
|
101
|
46.4686 USD
|
|
common
stock
|
Purchase
|
100
|
46.2900 USD
|
|
common
stock
|
Purchase
|
100
|
46.1200 USD
|
|
common
stock
|
Purchase
|
100
|
46.0000 USD
|
|
common
stock
|
Purchase
|
100
|
46.2800 USD
|
|
common
stock
|
Purchase
|
100
|
46.4600 USD
|
|
common
stock
|
Purchase
|
50
|
45.9700 USD
|
|
common
stock
|
Purchase
|
36
|
45.8900 USD
|
|
common
stock
|
Purchase
|
32
|
46.2200 USD
|
|
common
stock
|
Purchase
|
24
|
46.3100 USD
|
|
common
stock
|
Purchase
|
13
|
46.0246 USD
|
|
common
stock
|
Sale
|
72,766
|
46.0560 USD
|
|
common
stock
|
Sale
|
52,738
|
46.0543 USD
|
|
common
stock
|
Sale
|
50,274
|
46.3157 USD
|
|
common
stock
|
Sale
|
41,874
|
46.2103 USD
|
|
common
stock
|
Sale
|
35,393
|
46.1513 USD
|
|
common
stock
|
Sale
|
23,109
|
46.1767 USD
|
|
common
stock
|
Sale
|
19,371
|
46.1550 USD
|
|
common
stock
|
Sale
|
12,917
|
46.1893 USD
|
|
common
stock
|
Sale
|
11,914
|
46.0661 USD
|
|
common
stock
|
Sale
|
11,828
|
46.1607 USD
|
|
common
stock
|
Sale
|
11,355
|
45.9200 USD
|
|
common
stock
|
Sale
|
10,419
|
46.2755 USD
|
|
common
stock
|
Sale
|
8,146
|
46.1584 USD
|
|
common
stock
|
Sale
|
7,198
|
46.1725 USD
|
|
common
stock
|
Sale
|
7,142
|
46.2163 USD
|
|
common
stock
|
Sale
|
6,335
|
46.3800 USD
|
|
common
stock
|
Sale
|
6,000
|
46.2048 USD
|
|
common
stock
|
Sale
|
5,928
|
46.2187 USD
|
|
common
stock
|
Sale
|
5,745
|
46.1522 USD
|
|
common
stock
|
Sale
|
5,219
|
45.9225 USD
|
|
common
stock
|
Sale
|
4,989
|
46.3089 USD
|
|
common
stock
|
Sale
|
3,948
|
46.1828 USD
|
|
common
stock
|
Sale
|
3,731
|
46.2175 USD
|
|
common
stock
|
Sale
|
3,569
|
46.2542 USD
|
|
common
stock
|
Sale
|
3,103
|
46.2057 USD
|
|
common
stock
|
Sale
|
2,990
|
46.1544 USD
|
|
common
stock
|
Sale
|
2,773
|
46.1511 USD
|
|
common
stock
|
Sale
|
2,700
|
46.1900 USD
|
|
common
stock
|
Sale
|
2,324
|
46.0921 USD
|
|
common
stock
|
Sale
|
2,315
|
46.1885 USD
|
|
common
stock
|
Sale
|
2,277
|
46.1059 USD
|
|
common
stock
|
Sale
|
2,218
|
46.2056 USD
|
|
common
stock
|
Sale
|
2,165
|
46.3700 USD
|
|
common
stock
|
Sale
|
2,159
|
46.1333 USD
|
|
common
stock
|
Sale
|
1,956
|
46.1038 USD
|
|
common
stock
|
Sale
|
1,551
|
46.1754 USD
|
|
common
stock
|
Sale
|
1,501
|
46.1047 USD
|
|
common
stock
|
Sale
|
1,497
|
46.0800 USD
|
|
common
stock
|
Sale
|
1,100
|
46.0327 USD
|
|
common
stock
|
Sale
|
1,093
|
46.4346 USD
|
|
common
stock
|
Sale
|
1,000
|
46.2500 USD
|
|
common
stock
|
Sale
|
650
|
46.2822 USD
|
|
common
stock
|
Sale
|
600
|
46.2950 USD
|
|
common
stock
|
Sale
|
484
|
46.1177 USD
|
|
common
stock
|
Sale
|
400
|
46.2975 USD
|
|
common
stock
|
Sale
|
306
|
46.0382 USD
|
|
common
stock
|
Sale
|
305
|
46.0100 USD
|
|
common
stock
|
Sale
|
300
|
46.2866 USD
|
|
common
stock
|
Sale
|
300
|
46.0833 USD
|
|
common
stock
|
Sale
|
285
|
46.1268 USD
|
|
common
stock
|
Sale
|
273
|
46.1856 USD
|
|
common
stock
|
Sale
|
257
|
46.0700 USD
|
|
common
stock
|
Sale
|
200
|
46.1950 USD
|
|
common
stock
|
Sale
|
200
|
46.2850 USD
|
|
common
stock
|
Sale
|
155
|
46.2516 USD
|
|
common
stock
|
Sale
|
152
|
46.2576 USD
|
|
common
stock
|
Sale
|
118
|
45.9743 USD
|
|
common
stock
|
Sale
|
100
|
46.0000 USD
|
|
common
stock
|
Sale
|
100
|
46.4600 USD
|
|
common
stock
|
Sale
|
100
|
45.9800 USD
|
|
common
stock
|
Sale
|
84
|
46.2425 USD
|
|
common
stock
|
Sale
|
73
|
46.1187 USD
|
|
common
stock
|
Sale
|
60
|
46.2600 USD
|
|
common
stock
|
Sale
|
36
|
45.8900 USD
|
|
common
stock
|
Sale
|
31
|
46.1470 USD
|
|
common
stock
|
Sale
|
30
|
46.1960 USD
|
|
common
stock
|
Sale
|
17
|
46.3300 USD
|
|
common
stock
|
Sale
|
8
|
46.1800 USD
|
|
common
stock
|
Sale
|
5
|
45.9100 USD
|
|
common
stock
|
Sale
|
5
|
45.9900 USD
|
|
common
stock
|
Sale
|
3
|
46.0600 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
|
Increasing Long
|
33,100
|
46.1566 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?
|
YES
|
|
Date of disclosure:
|
31 Jul 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
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|
|
|
|
|
|
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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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