|
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:
|
06
Jan 2025
|
|
(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:
|
|
|
628,448
|
0.18%
|
966,327
|
0.28%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
531,050
|
0.15%
|
13,660
|
0.00%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,159,498
|
0.33%
|
979,987
|
0.28%
|
|
(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
|
147,573
|
53.5000 USD
|
|
common
stock
|
Purchase
|
72,913
|
53.4564 USD
|
|
common
stock
|
Purchase
|
54,667
|
53.4999 USD
|
|
common
stock
|
Purchase
|
38,741
|
53.4086 USD
|
|
common
stock
|
Purchase
|
11,780
|
53.3360 USD
|
|
common
stock
|
Purchase
|
11,410
|
53.3369 USD
|
|
common
stock
|
Purchase
|
10,291
|
53.3387 USD
|
|
common
stock
|
Purchase
|
8,800
|
53.4901 USD
|
|
common
stock
|
Purchase
|
4,115
|
53.4619 USD
|
|
common
stock
|
Purchase
|
3,146
|
53.3885 USD
|
|
common
stock
|
Purchase
|
3,143
|
53.3058 USD
|
|
common
stock
|
Purchase
|
3,044
|
53.3323 USD
|
|
common
stock
|
Purchase
|
2,600
|
53.4867 USD
|
|
common
stock
|
Purchase
|
2,036
|
53.3775 USD
|
|
common
stock
|
Purchase
|
1,919
|
53.3113 USD
|
|
common
stock
|
Purchase
|
1,668
|
53.3728 USD
|
|
common
stock
|
Purchase
|
1,500
|
53.4816 USD
|
|
common
stock
|
Purchase
|
1,234
|
53.2808 USD
|
|
common
stock
|
Purchase
|
974
|
53.3549 USD
|
|
common
stock
|
Purchase
|
800
|
53.3823 USD
|
|
common
stock
|
Purchase
|
765
|
53.3949 USD
|
|
common
stock
|
Purchase
|
629
|
53.3134 USD
|
|
common
stock
|
Purchase
|
555
|
53.4201 USD
|
|
common
stock
|
Purchase
|
469
|
53.3377 USD
|
|
common
stock
|
Purchase
|
467
|
53.4516 USD
|
|
common
stock
|
Purchase
|
398
|
53.3519 USD
|
|
common
stock
|
Purchase
|
310
|
53.3412 USD
|
|
common
stock
|
Purchase
|
258
|
53.2718 USD
|
|
common
stock
|
Purchase
|
233
|
53.2225 USD
|
|
common
stock
|
Purchase
|
200
|
53.4200 USD
|
|
common
stock
|
Purchase
|
200
|
53.2350 USD
|
|
common
stock
|
Purchase
|
198
|
53.3379 USD
|
|
common
stock
|
Purchase
|
173
|
53.4420 USD
|
|
common
stock
|
Purchase
|
70
|
53.5100 USD
|
|
common
stock
|
Purchase
|
62
|
53.2137 USD
|
|
common
stock
|
Purchase
|
60
|
53.2650 USD
|
|
common
stock
|
Purchase
|
60
|
53.3100 USD
|
|
common
stock
|
Purchase
|
58
|
53.3262 USD
|
|
common
stock
|
Purchase
|
35
|
53.3700 USD
|
|
common
stock
|
Purchase
|
24
|
53.3650 USD
|
|
common
stock
|
Purchase
|
10
|
53.2100 USD
|
|
common
stock
|
Sale
|
131,482
|
53.5000 USD
|
|
common
stock
|
Sale
|
131,034
|
53.4999 USD
|
|
common
stock
|
Sale
|
46,043
|
53.4127 USD
|
|
common
stock
|
Sale
|
25,695
|
53.4380 USD
|
|
common
stock
|
Sale
|
12,916
|
53.3283 USD
|
|
common
stock
|
Sale
|
12,900
|
53.4885 USD
|
|
common
stock
|
Sale
|
12,453
|
53.3380 USD
|
|
common
stock
|
Sale
|
8,993
|
53.3509 USD
|
|
common
stock
|
Sale
|
7,423
|
53.3478 USD
|
|
common
stock
|
Sale
|
4,725
|
53.3146 USD
|
|
common
stock
|
Sale
|
2,654
|
53.3463 USD
|
|
common
stock
|
Sale
|
2,400
|
53.3296 USD
|
|
common
stock
|
Sale
|
2,311
|
53.3369 USD
|
|
common
stock
|
Sale
|
1,450
|
53.3617 USD
|
|
common
stock
|
Sale
|
1,392
|
53.4188 USD
|
|
common
stock
|
Sale
|
1,109
|
53.3867 USD
|
|
common
stock
|
Sale
|
760
|
53.3699 USD
|
|
common
stock
|
Sale
|
709
|
53.3279 USD
|
|
common
stock
|
Sale
|
555
|
53.4201 USD
|
|
common
stock
|
Sale
|
442
|
53.4146 USD
|
|
common
stock
|
Sale
|
400
|
53.3800 USD
|
|
common
stock
|
Sale
|
353
|
53.3379 USD
|
|
common
stock
|
Sale
|
310
|
53.2685 USD
|
|
common
stock
|
Sale
|
287
|
53.3152 USD
|
|
common
stock
|
Sale
|
233
|
53.2225 USD
|
|
common
stock
|
Sale
|
210
|
53.2578 USD
|
|
common
stock
|
Sale
|
200
|
53.2800 USD
|
|
common
stock
|
Sale
|
200
|
53.2350 USD
|
|
common
stock
|
Sale
|
185
|
53.4608 USD
|
|
common
stock
|
Sale
|
146
|
53.1960 USD
|
|
common
stock
|
Sale
|
128
|
53.3117 USD
|
|
common
stock
|
Sale
|
120
|
53.2570 USD
|
|
common
stock
|
Sale
|
120
|
53.2650 USD
|
|
common
stock
|
Sale
|
115
|
53.3100 USD
|
|
common
stock
|
Sale
|
108
|
53.2340 USD
|
|
common
stock
|
Sale
|
100
|
53.2100 USD
|
|
common
stock
|
Sale
|
96
|
53.4900 USD
|
|
common
stock
|
Sale
|
91
|
53.4000 USD
|
|
common
stock
|
Sale
|
90
|
53.3111 USD
|
|
common
stock
|
Sale
|
73
|
53.3788 USD
|
|
common
stock
|
Sale
|
60
|
53.3416 USD
|
|
common
stock
|
Sale
|
55
|
53.3563 USD
|
|
common
stock
|
Sale
|
45
|
53.4615 USD
|
|
common
stock
|
Sale
|
30
|
53.3233 USD
|
|
common
stock
|
Sale
|
29
|
53.3482 USD
|
|
common
stock
|
Sale
|
28
|
53.2632 USD
|
|
common
stock
|
Sale
|
25
|
53.3280 USD
|
|
common
stock
|
Sale
|
24
|
53.3650 USD
|
|
common
stock
|
Sale
|
20
|
53.3050 USD
|
|
common
stock
|
Sale
|
20
|
53.2400 USD
|
|
common
stock
|
Sale
|
17
|
53.4594 USD
|
|
common
stock
|
Sale
|
15
|
53.3600 USD
|
|
common
stock
|
Sale
|
5
|
53.2500 USD
|
|
common
stock
|
Sale
|
5
|
53.1850 USD
|
|
common
stock
|
Sale
|
5
|
53.3700 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
|
Decreasing Long
|
769
|
53.5010 USD
|
|
common
stock
|
SWAP
|
Decreasing Long
|
1,115
|
53.5025 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?
|
NO
|
|
Date of disclosure:
|
07 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
