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:
|
09
Dec 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:
|
|
|
1,058,694
|
0.30%
|
689,266
|
0.20%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
319,377
|
0.09%
|
13,660
|
0.00%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,378,071
|
0.40%
|
702,926
|
0.20%
|
(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
|
87,609
|
55.7801 USD
|
common
stock
|
Purchase
|
82,571
|
55.8372 USD
|
common
stock
|
Purchase
|
40,473
|
55.7800 USD
|
common
stock
|
Purchase
|
34,219
|
55.8539 USD
|
common
stock
|
Purchase
|
24,727
|
55.8683 USD
|
common
stock
|
Purchase
|
12,660
|
55.7834 USD
|
common
stock
|
Purchase
|
12,001
|
55.8295 USD
|
common
stock
|
Purchase
|
8,686
|
55.8164 USD
|
common
stock
|
Purchase
|
8,528
|
55.7851 USD
|
common
stock
|
Purchase
|
6,352
|
55.7716 USD
|
common
stock
|
Purchase
|
6,095
|
55.8316 USD
|
common
stock
|
Purchase
|
4,537
|
55.7751 USD
|
common
stock
|
Purchase
|
4,097
|
55.8608 USD
|
common
stock
|
Purchase
|
3,247
|
55.9313 USD
|
common
stock
|
Purchase
|
1,796
|
55.6800 USD
|
common
stock
|
Purchase
|
1,788
|
55.7737 USD
|
common
stock
|
Purchase
|
1,618
|
55.9758 USD
|
common
stock
|
Purchase
|
700
|
55.8676 USD
|
common
stock
|
Purchase
|
669
|
55.7717 USD
|
common
stock
|
Purchase
|
661
|
56.9633 USD
|
common
stock
|
Purchase
|
478
|
55.7598 USD
|
common
stock
|
Purchase
|
420
|
55.8273 USD
|
common
stock
|
Purchase
|
399
|
55.7960 USD
|
common
stock
|
Purchase
|
307
|
55.8437 USD
|
common
stock
|
Purchase
|
256
|
55.7150 USD
|
common
stock
|
Purchase
|
197
|
55.7814 USD
|
common
stock
|
Purchase
|
190
|
55.8700 USD
|
common
stock
|
Purchase
|
173
|
56.0253 USD
|
common
stock
|
Purchase
|
65
|
57.0900 USD
|
common
stock
|
Purchase
|
34
|
55.7770 USD
|
common
stock
|
Purchase
|
6
|
55.7400 USD
|
common
stock
|
Sale
|
146,696
|
55.7800 USD
|
common
stock
|
Sale
|
87,609
|
55.7801 USD
|
common
stock
|
Sale
|
86,798
|
55.8470 USD
|
common
stock
|
Sale
|
70,815
|
55.8060 USD
|
common
stock
|
Sale
|
7,910
|
55.7974 USD
|
common
stock
|
Sale
|
6,072
|
55.8062 USD
|
common
stock
|
Sale
|
4,819
|
56.3156 USD
|
common
stock
|
Sale
|
4,557
|
55.8082 USD
|
common
stock
|
Sale
|
3,033
|
55.8573 USD
|
common
stock
|
Sale
|
2,827
|
55.8260 USD
|
common
stock
|
Sale
|
1,796
|
55.6800 USD
|
common
stock
|
Sale
|
1,541
|
55.9261 USD
|
common
stock
|
Sale
|
956
|
56.0571 USD
|
common
stock
|
Sale
|
507
|
55.8439 USD
|
common
stock
|
Sale
|
468
|
55.7534 USD
|
common
stock
|
Sale
|
431
|
55.8263 USD
|
common
stock
|
Sale
|
427
|
55.8293 USD
|
common
stock
|
Sale
|
420
|
55.8273 USD
|
common
stock
|
Sale
|
412
|
55.9589 USD
|
common
stock
|
Sale
|
400
|
57.0000 USD
|
common
stock
|
Sale
|
344
|
55.9224 USD
|
common
stock
|
Sale
|
322
|
56.3052 USD
|
common
stock
|
Sale
|
308
|
55.7373 USD
|
common
stock
|
Sale
|
269
|
56.2754 USD
|
common
stock
|
Sale
|
263
|
55.9788 USD
|
common
stock
|
Sale
|
169
|
56.1839 USD
|
common
stock
|
Sale
|
156
|
56.0000 USD
|
common
stock
|
Sale
|
150
|
55.9245 USD
|
common
stock
|
Sale
|
149
|
56.0481 USD
|
common
stock
|
Sale
|
129
|
55.9451 USD
|
common
stock
|
Sale
|
100
|
55.7300 USD
|
common
stock
|
Sale
|
95
|
55.8700 USD
|
common
stock
|
Sale
|
89
|
55.9357 USD
|
common
stock
|
Sale
|
70
|
55.8971 USD
|
common
stock
|
Sale
|
70
|
56.0485 USD
|
common
stock
|
Sale
|
50
|
55.7000 USD
|
common
stock
|
Sale
|
45
|
55.8455 USD
|
common
stock
|
Sale
|
31
|
55.9500 USD
|
common
stock
|
Sale
|
29
|
55.8500 USD
|
common
stock
|
Sale
|
26
|
55.8738 USD
|
common
stock
|
Sale
|
25
|
55.9100 USD
|
common
stock
|
Sale
|
20
|
55.7700 USD
|
common
stock
|
Sale
|
11
|
55.7400 USD
|
common
stock
|
Sale
|
10
|
56.0625 USD
|
common
stock
|
Sale
|
10
|
55.6600 USD
|
common
stock
|
Sale
|
9
|
56.9600 USD
|
common
stock
|
Sale
|
5
|
55.8000 USD
|
common
stock
|
Sale
|
5
|
55.6900 USD
|
common
stock
|
Sale
|
2
|
55.7600 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
|
259
|
55.7810 USD
|
common
stock
|
SWAP
|
Decreasing Long
|
249
|
55.7824 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:
|
10 Dec 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|