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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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27
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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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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818,342
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0.24%
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614,857
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0.18%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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496,897
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0.14%
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20,310
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0.01%
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(3)
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Stock-settled derivatives (including
options)
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and
agreements to purchase/sell:
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31,000
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0.01%
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0
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0.00%
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TOTAL:
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1,346,239
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0.39%
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635,167
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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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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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Class of
relevant
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Purchase/sale
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Number of
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Price per
unit
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security
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securities
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common
stock
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Purchase
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928,777
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59.2556 USD
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common
stock
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Purchase
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173,212
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59.1697 USD
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common
stock
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Purchase
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170,044
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59.3553 USD
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common
stock
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Purchase
|
103,758
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59.2088 USD
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|
common
stock
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Purchase
|
96,958
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59.2597 USD
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|
common
stock
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Purchase
|
84,400
|
59.0540 USD
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|
common
stock
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Purchase
|
42,810
|
59.0333 USD
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|
common
stock
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Purchase
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30,227
|
59.2791 USD
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|
common
stock
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Purchase
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13,370
|
59.2898 USD
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common
stock
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Purchase
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12,203
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59.1898 USD
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common
stock
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Purchase
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10,700
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59.2900 USD
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common
stock
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Purchase
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9,760
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59.1856 USD
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common
stock
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Purchase
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6,635
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59.2892 USD
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common
stock
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Purchase
|
5,895
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59.5263 USD
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|
common
stock
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Purchase
|
5,836
|
59.2658 USD
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|
common
stock
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Purchase
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2,584
|
59.4521 USD
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common
stock
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Purchase
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2,117
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59.0983 USD
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common
stock
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Purchase
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1,996
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59.1264 USD
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common
stock
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Purchase
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1,877
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59.2914 USD
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common
stock
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Purchase
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1,593
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59.1698 USD
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common
stock
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Purchase
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1,487
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59.4706 USD
|
|
common
stock
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Purchase
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1,243
|
59.0925 USD
|
|
common
stock
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Purchase
|
1,043
|
59.5949 USD
|
|
common
stock
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Purchase
|
901
|
59.4283 USD
|
|
common
stock
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Purchase
|
600
|
59.1500 USD
|
|
common
stock
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Purchase
|
586
|
59.7748 USD
|
|
common
stock
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Purchase
|
516
|
59.6800 USD
|
|
common
stock
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Purchase
|
504
|
59.0307 USD
|
|
common
stock
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Purchase
|
489
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59.3026 USD
|
|
common
stock
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Purchase
|
407
|
59.5973 USD
|
|
common
stock
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Purchase
|
400
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59.4900 USD
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|
common
stock
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Purchase
|
300
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59.5500 USD
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|
common
stock
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Purchase
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266
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59.2881 USD
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common
stock
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Purchase
|
200
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59.4700 USD
|
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common
stock
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Purchase
|
100
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59.2850 USD
|
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common
stock
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Purchase
|
100
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59.1600 USD
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|
common
stock
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Purchase
|
74
|
60.0400 USD
|
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common
stock
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Purchase
|
20
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58.9625 USD
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common
stock
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Purchase
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6
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59.2800 USD
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common
stock
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Purchase
|
5
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59.0600 USD
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common
stock
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Purchase
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5
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59.1000 USD
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|
common
stock
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Purchase
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4
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59.1837 USD
|
|
common
stock
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Purchase
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3
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59.9150 USD
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common
stock
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Purchase
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2
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59.0700 USD
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common
stock
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Purchase
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1
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59.8100 USD
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common
stock
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Sale
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1,318,232
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59.2558 USD
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common
stock
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Sale
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78,861
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59.2697 USD
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common
stock
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Sale
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67,033
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59.0388 USD
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|
common
stock
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Sale
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29,480
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59.3890 USD
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|
common
stock
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Sale
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29,033
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59.0918 USD
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|
common
stock
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Sale
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28,405
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59.2914 USD
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|
common
stock
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Sale
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25,967
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59.0225 USD
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|
common
stock
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Sale
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16,904
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59.2900 USD
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|
common
stock
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Sale
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14,223
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59.3203 USD
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|
common
stock
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Sale
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14,155
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59.0640 USD
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common
stock
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Sale
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12,459
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59.1472 USD
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|
common
stock
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Sale
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10,857
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59.1268 USD
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|
common
stock
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Sale
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10,530
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59.0624 USD
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|
common
stock
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Sale
|
9,765
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59.0928 USD
|
|
common
stock
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Sale
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9,735
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59.2895 USD
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|
common
stock
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Sale
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5,760
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59.3093 USD
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|
common
stock
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Sale
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5,271
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59.2897 USD
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|
common
stock
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Sale
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5,108
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59.0358 USD
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common
stock
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Sale
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5,000
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59.2891 USD
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common
stock
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Sale
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3,474
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59.5797 USD
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|
common
stock
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Sale
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2,696
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59.2828 USD
|
|
common
stock
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Sale
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2,331
|
59.2872 USD
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|
common
stock
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Sale
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2,312
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59.4144 USD
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|
common
stock
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Sale
|
2,013
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59.2779 USD
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|
common
stock
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Sale
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1,126
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59.0991 USD
|
|
common
stock
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Sale
|
997
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59.1026 USD
|
|
common
stock
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Sale
|
600
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59.1500 USD
|
|
common
stock
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Sale
|
504
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59.0307 USD
|
|
common
stock
|
Sale
|
405
|
59.1287 USD
|
|
common
stock
|
Sale
|
405
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59.0485 USD
|
|
common
stock
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Sale
|
393
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59.2180 USD
|
|
common
stock
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Sale
|
332
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59.3260 USD
|
|
common
stock
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Sale
|
276
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59.7154 USD
|
|
common
stock
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Sale
|
246
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59.0515 USD
|
|
common
stock
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Sale
|
146
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59.2222 USD
|
|
common
stock
|
Sale
|
138
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58.8889 USD
|
|
common
stock
|
Sale
|
119
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58.9789 USD
|
|
common
stock
|
Sale
|
103
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59.1311 USD
|
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common
stock
|
Sale
|
59
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59.1477 USD
|
|
common
stock
|
Sale
|
35
|
59.0942 USD
|
|
common
stock
|
Sale
|
23
|
59.2800 USD
|
|
common
stock
|
Sale
|
17
|
59.7958 USD
|
|
common
stock
|
Sale
|
17
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59.0300 USD
|
|
common
stock
|
Sale
|
14
|
58.9745 USD
|
|
common
stock
|
Sale
|
4
|
59.9400 USD
|
|
common
stock
|
Sale
|
4
|
59.9345 USD
|
|
common
stock
|
Sale
|
4
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59.0500 USD
|
|
common
stock
|
Sale
|
4
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59.2200 USD
|
|
common
stock
|
Sale
|
3
|
59.5700 USD
|
|
common
stock
|
Sale
|
2
|
59.0950 USD
|
|
common
stock
|
Sale
|
1
|
59.8100 USD
|
|
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|
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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
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reference
|
unit
|
|
security
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|
securities
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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
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Product
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Writing,
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Number
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
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paid/
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security
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varying etc
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to which
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received
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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
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Number of
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Exercise price
per
|
|
security
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|
securities
|
unit
|
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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
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Details
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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,
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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
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to
the offer or any person acting in concert with a party to the
offer:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
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Details of any agreement, arrangement or understanding, formal
or informal, between
|
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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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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
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any
derivative is referenced:
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NONE
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(c)
|
Attachments
|
|
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|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
YES
|
|
Date of disclosure:
|
28 Jan 2025
|
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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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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 COMPANY
|
|
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
|
Call
Options
|
Purchased
|
31,000
|
63.0000
|
American
|
31 Jan
2025
|
|
|
|
|
|
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|
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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