FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
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A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
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MORE
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Rule 8.3 of the Takeover Code
(the "Code")
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1.
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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
|
|
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positions disclosed, if different from 1(a):
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(c)
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Name of offeror/offeree in relation to whose
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INTERNATIONAL PAPER COMPANY
|
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relevant securities this form relates:
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(d)
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If
an exempt fund manager connected with an
|
|
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offeror/offeree, state this and specify identity
of
|
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offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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16
Jan 2025
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(f)
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In
addition to the company in 1(c) above, is the discloser
making
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YES:
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|
|
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disclosures in respect of any other party to the
offer?
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DS
SMITH PLC
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2.
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POSITIONS OF THE PERSON MAKING THE DISCLOSURE
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
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to
which the disclosure relates following the dealing(if
any)
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Class of relevant security:
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common stock
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Interests
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Short
Positions
|
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Number
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(%)
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Number
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(%)
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(1)
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Relevant securities owned
|
|
|
|
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and/or controlled:
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624,677
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0.18%
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624,683
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0.18%
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(2)
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Cash-settled derivatives:
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|
|
|
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and/or controlled:
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515,044
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0.15%
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13,660
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0.00%
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(3)
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Stock-settled derivatives (including
options)
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|
|
|
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and
agreements to purchase/sell:
|
|
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0
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0.00%
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0
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0.00%
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|
|
|
|
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TOTAL:
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|
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1,139,721
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0.33%
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638,343
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0.18%
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(b)
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Rights to subscribe for new securities (including directors
and other executive
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options)
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Class of relevant security in relation to
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|
|
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which subscription right exists
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Details, including nature of the rights
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concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
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(a)
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Purchases and sales
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|
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Class of
relevant
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Purchase/sale
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Number of
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Price per
unit
|
security
|
|
securities
|
|
common
stock
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Purchase
|
139,338
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55.6457 USD
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common
stock
|
Purchase
|
83,949
|
56.1367 USD
|
common
stock
|
Purchase
|
43,376
|
56.2443 USD
|
common
stock
|
Purchase
|
41,277
|
56.0654 USD
|
common
stock
|
Purchase
|
38,521
|
56.2600 USD
|
common
stock
|
Purchase
|
38,413
|
55.6084 USD
|
common
stock
|
Purchase
|
37,583
|
56.3132 USD
|
common
stock
|
Purchase
|
36,238
|
56.1701 USD
|
common
stock
|
Purchase
|
35,333
|
56.2599 USD
|
common
stock
|
Purchase
|
20,049
|
55.7480 USD
|
common
stock
|
Purchase
|
19,700
|
56.3141 USD
|
common
stock
|
Purchase
|
14,977
|
55.8045 USD
|
common
stock
|
Purchase
|
10,986
|
55.6217 USD
|
common
stock
|
Purchase
|
10,074
|
56.3156 USD
|
common
stock
|
Purchase
|
9,602
|
56.3138 USD
|
common
stock
|
Purchase
|
8,586
|
56.0962 USD
|
common
stock
|
Purchase
|
8,307
|
56.3127 USD
|
common
stock
|
Purchase
|
6,933
|
55.8174 USD
|
common
stock
|
Purchase
|
5,601
|
56.2812 USD
|
common
stock
|
Purchase
|
5,312
|
55.3512 USD
|
common
stock
|
Purchase
|
4,669
|
55.8681 USD
|
common
stock
|
Purchase
|
3,539
|
56.1219 USD
|
common
stock
|
Purchase
|
2,512
|
55.6645 USD
|
common
stock
|
Purchase
|
2,201
|
56.3090 USD
|
common
stock
|
Purchase
|
1,715
|
55.8212 USD
|
common
stock
|
Purchase
|
1,407
|
56.3057 USD
|
common
stock
|
Purchase
|
1,362
|
55.7497 USD
|
common
stock
|
Purchase
|
1,285
|
55.8030 USD
|
common
stock
|
Purchase
|
1,174
|
55.7690 USD
|
common
stock
|
Purchase
|
1,167
|
55.8375 USD
|
common
stock
|
Purchase
|
1,116
|
55.9010 USD
|
common
stock
|
Purchase
|
1,092
|
55.5731 USD
|
common
stock
|
Purchase
|
1,011
|
55.9246 USD
|
common
stock
|
Purchase
|
995
|
55.7974 USD
|
common
stock
|
Purchase
|
907
|
56.3231 USD
|
common
stock
|
Purchase
|
800
|
55.7750 USD
|
common
stock
|
Purchase
|
700
|
56.2842 USD
|
common
stock
|
Purchase
|
689
|
56.2598 USD
|
common
stock
|
Purchase
|
646
|
55.6137 USD
|
common
stock
|
Purchase
|
550
|
55.7036 USD
|
common
stock
|
Purchase
|
533
|
56.2095 USD
|
common
stock
|
Purchase
|
506
|
55.6100 USD
|
common
stock
|
Purchase
|
366
|
56.3118 USD
|
common
stock
|
Purchase
|
363
|
56.0880 USD
|
common
stock
|
Purchase
|
300
|
55.7533 USD
|
common
stock
|
Purchase
|
252
|
56.3244 USD
|
common
stock
|
Purchase
|
206
|
56.3100 USD
|
common
stock
|
Purchase
|
200
|
55.8100 USD
|
common
stock
|
Purchase
|
135
|
55.7929 USD
|
common
stock
|
Purchase
|
100
|
55.7800 USD
|
common
stock
|
Purchase
|
50
|
55.8757 USD
|
common
stock
|
Purchase
|
38
|
56.2637 USD
|
common
stock
|
Purchase
|
2
|
55.5600 USD
|
common
stock
|
Sale
|
186,006
|
55.6146 USD
|
common
stock
|
Sale
|
115,807
|
56.0407 USD
|
common
stock
|
Sale
|
90,605
|
56.3136 USD
|
common
stock
|
Sale
|
36,445
|
56.2600 USD
|
common
stock
|
Sale
|
35,333
|
56.2599 USD
|
common
stock
|
Sale
|
33,886
|
56.2594 USD
|
common
stock
|
Sale
|
33,774
|
56.1412 USD
|
common
stock
|
Sale
|
22,789
|
55.9044 USD
|
common
stock
|
Sale
|
12,157
|
55.9005 USD
|
common
stock
|
Sale
|
9,551
|
55.4500 USD
|
common
stock
|
Sale
|
7,507
|
56.0121 USD
|
common
stock
|
Sale
|
5,814
|
55.8677 USD
|
common
stock
|
Sale
|
4,452
|
55.9992 USD
|
common
stock
|
Sale
|
4,357
|
55.8914 USD
|
common
stock
|
Sale
|
2,758
|
56.1749 USD
|
common
stock
|
Sale
|
2,533
|
56.0826 USD
|
common
stock
|
Sale
|
2,096
|
55.5957 USD
|
common
stock
|
Sale
|
1,642
|
55.6116 USD
|
common
stock
|
Sale
|
1,362
|
55.7497 USD
|
common
stock
|
Sale
|
1,347
|
56.0320 USD
|
common
stock
|
Sale
|
1,344
|
56.1582 USD
|
common
stock
|
Sale
|
1,285
|
55.8030 USD
|
common
stock
|
Sale
|
1,092
|
55.5731 USD
|
common
stock
|
Sale
|
809
|
56.0450 USD
|
common
stock
|
Sale
|
800
|
55.7737 USD
|
common
stock
|
Sale
|
779
|
55.7217 USD
|
common
stock
|
Sale
|
739
|
56.2404 USD
|
common
stock
|
Sale
|
725
|
56.0100 USD
|
common
stock
|
Sale
|
689
|
56.2598 USD
|
common
stock
|
Sale
|
550
|
55.7036 USD
|
common
stock
|
Sale
|
506
|
55.6100 USD
|
common
stock
|
Sale
|
449
|
55.4800 USD
|
common
stock
|
Sale
|
371
|
55.9026 USD
|
common
stock
|
Sale
|
368
|
55.9215 USD
|
common
stock
|
Sale
|
337
|
56.3155 USD
|
common
stock
|
Sale
|
167
|
55.4300 USD
|
common
stock
|
Sale
|
135
|
55.7929 USD
|
common
stock
|
Sale
|
111
|
55.4991 USD
|
common
stock
|
Sale
|
103
|
55.7617 USD
|
common
stock
|
Sale
|
100
|
55.7800 USD
|
common
stock
|
Sale
|
90
|
55.6416 USD
|
common
stock
|
Sale
|
50
|
55.7400 USD
|
common
stock
|
Sale
|
31
|
55.7412 USD
|
common
stock
|
Sale
|
20
|
55.7525 USD
|
common
stock
|
Sale
|
20
|
55.7475 USD
|
common
stock
|
Sale
|
20
|
55.7100 USD
|
common
stock
|
Sale
|
20
|
55.5775 USD
|
common
stock
|
Sale
|
19
|
56.0950 USD
|
common
stock
|
Sale
|
15
|
55.4850 USD
|
common
stock
|
Sale
|
10
|
55.7600 USD
|
common
stock
|
Sale
|
6
|
56.2400 USD
|
common
stock
|
Sale
|
5
|
55.7000 USD
|
common
stock
|
Sale
|
5
|
55.8250 USD
|
common
stock
|
Sale
|
3
|
56.3000 USD
|
|
|
|
|
|
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(b)
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Cash-settled derivative transactions
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Class of
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Product
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Nature of
dealing
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Number of
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Price per
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relevant
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description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
common
stock
|
SWAP
|
Decreasing Long
|
10,625
|
56.2625 USD
|
|
|
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(c)
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Stock-settled derivative transactions (including
options)
|
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(i)
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Writing, selling, purchasing or varying
|
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Class
|
Product
|
Writing,
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Number
|
Exercise
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Type
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Expiry
|
Option
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of
|
description
|
purchasing,
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of
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price
|
|
date
|
money
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relevant
|
|
selling,
|
securities
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per unit
|
|
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paid/
|
security
|
|
varying etc
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to which
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received
|
|
|
|
option
|
|
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per unit
|
|
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|
relates
|
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(ii)
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Exercising
|
|
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Class of
relevant
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Product
description
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Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
security
|
|
|
securities
|
unit
|
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|
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(d)
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Other dealings (including subscribing for new
securities)
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Class of
relevant
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Nature of
Dealings
|
Details
|
Price per unit
(if
|
security
|
|
|
applicable)
|
|
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4.
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OTHER
INFORMATION
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(a)
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Indemnity and other dealings arrangements
|
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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
|
|
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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:
|
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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:
|
|
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(i) the voting rights of any relevant securities under
any option; or
|
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|
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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
|
|
|
any
derivative is referenced:
|
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|
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NONE
|
(c)
|
Attachments
|
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|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
17 Jan 2025
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
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