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 CO
|
|
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:
|
26
Jul 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:
|
|
|
821,035
|
0.24%
|
475,097
|
0.14%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
135,562
|
0.04%
|
0
|
0.00%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
24,700
|
0.01%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
956,597
|
0.28%
|
499,797
|
0.14%
|
(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
|
151,085
|
46.8664 USD
|
common
stock
|
Purchase
|
86,921
|
46.7469 USD
|
common
stock
|
Purchase
|
66,544
|
46.7464 USD
|
common
stock
|
Purchase
|
56,400
|
46.8495 USD
|
common
stock
|
Purchase
|
44,394
|
46.7494 USD
|
common
stock
|
Purchase
|
40,126
|
46.7490 USD
|
common
stock
|
Purchase
|
24,792
|
46.7977 USD
|
common
stock
|
Purchase
|
15,030
|
46.7507 USD
|
common
stock
|
Purchase
|
14,000
|
47.0385 USD
|
common
stock
|
Purchase
|
12,647
|
46.8173 USD
|
common
stock
|
Purchase
|
10,749
|
46.7567 USD
|
common
stock
|
Purchase
|
7,758
|
46.9074 USD
|
common
stock
|
Purchase
|
6,468
|
46.7800 USD
|
common
stock
|
Purchase
|
6,019
|
46.7872 USD
|
common
stock
|
Purchase
|
5,655
|
46.7361 USD
|
common
stock
|
Purchase
|
5,442
|
46.7227 USD
|
common
stock
|
Purchase
|
4,404
|
46.8524 USD
|
common
stock
|
Purchase
|
4,159
|
46.8117 USD
|
common
stock
|
Purchase
|
3,390
|
46.9098 USD
|
common
stock
|
Purchase
|
2,975
|
46.9198 USD
|
common
stock
|
Purchase
|
2,961
|
46.9215 USD
|
common
stock
|
Purchase
|
2,761
|
46.9210 USD
|
common
stock
|
Purchase
|
1,862
|
46.9200 USD
|
common
stock
|
Purchase
|
1,652
|
46.8832 USD
|
common
stock
|
Purchase
|
1,541
|
46.6904 USD
|
common
stock
|
Purchase
|
1,530
|
46.9566 USD
|
common
stock
|
Purchase
|
1,001
|
46.6989 USD
|
common
stock
|
Purchase
|
907
|
46.9105 USD
|
common
stock
|
Purchase
|
800
|
47.0400 USD
|
common
stock
|
Purchase
|
739
|
46.7601 USD
|
common
stock
|
Purchase
|
700
|
46.7028 USD
|
common
stock
|
Purchase
|
498
|
46.8337 USD
|
common
stock
|
Purchase
|
466
|
46.6800 USD
|
common
stock
|
Purchase
|
405
|
46.7385 USD
|
common
stock
|
Purchase
|
119
|
46.8517 USD
|
common
stock
|
Purchase
|
100
|
46.9300 USD
|
common
stock
|
Purchase
|
100
|
46.8500 USD
|
common
stock
|
Purchase
|
100
|
46.6000 USD
|
common
stock
|
Purchase
|
100
|
46.9350 USD
|
common
stock
|
Purchase
|
88
|
47.0500 USD
|
common
stock
|
Purchase
|
59
|
46.7300 USD
|
common
stock
|
Purchase
|
50
|
47.0704 USD
|
common
stock
|
Purchase
|
36
|
46.7317 USD
|
common
stock
|
Purchase
|
12
|
46.8125 USD
|
common
stock
|
Sale
|
105,557
|
46.9003 USD
|
common
stock
|
Sale
|
72,254
|
46.8089 USD
|
common
stock
|
Sale
|
65,402
|
46.7385 USD
|
common
stock
|
Sale
|
52,986
|
46.7477 USD
|
common
stock
|
Sale
|
43,563
|
46.7558 USD
|
common
stock
|
Sale
|
40,126
|
46.7490 USD
|
common
stock
|
Sale
|
35,592
|
46.9500 USD
|
common
stock
|
Sale
|
31,263
|
46.8091 USD
|
common
stock
|
Sale
|
23,713
|
46.8117 USD
|
common
stock
|
Sale
|
16,379
|
46.7998 USD
|
common
stock
|
Sale
|
16,115
|
46.7915 USD
|
common
stock
|
Sale
|
15,185
|
46.7716 USD
|
common
stock
|
Sale
|
15,017
|
46.8708 USD
|
common
stock
|
Sale
|
14,947
|
46.7250 USD
|
common
stock
|
Sale
|
14,000
|
47.0385 USD
|
common
stock
|
Sale
|
12,555
|
46.8163 USD
|
common
stock
|
Sale
|
12,451
|
46.7504 USD
|
common
stock
|
Sale
|
11,000
|
46.7832 USD
|
common
stock
|
Sale
|
9,859
|
46.7293 USD
|
common
stock
|
Sale
|
9,745
|
46.7437 USD
|
common
stock
|
Sale
|
8,431
|
46.7878 USD
|
common
stock
|
Sale
|
7,400
|
46.6612 USD
|
common
stock
|
Sale
|
7,229
|
46.7920 USD
|
common
stock
|
Sale
|
6,961
|
46.7682 USD
|
common
stock
|
Sale
|
5,877
|
46.8063 USD
|
common
stock
|
Sale
|
5,773
|
46.8068 USD
|
common
stock
|
Sale
|
5,007
|
46.8123 USD
|
common
stock
|
Sale
|
4,690
|
46.9200 USD
|
common
stock
|
Sale
|
4,685
|
46.9002 USD
|
common
stock
|
Sale
|
3,982
|
46.6972 USD
|
common
stock
|
Sale
|
3,868
|
46.8403 USD
|
common
stock
|
Sale
|
3,496
|
46.7414 USD
|
common
stock
|
Sale
|
3,369
|
46.8907 USD
|
common
stock
|
Sale
|
3,302
|
46.7541 USD
|
common
stock
|
Sale
|
3,075
|
46.9188 USD
|
common
stock
|
Sale
|
2,961
|
46.9215 USD
|
common
stock
|
Sale
|
2,800
|
46.9352 USD
|
common
stock
|
Sale
|
2,794
|
46.7605 USD
|
common
stock
|
Sale
|
2,719
|
46.8954 USD
|
common
stock
|
Sale
|
1,700
|
46.7211 USD
|
common
stock
|
Sale
|
1,600
|
46.7006 USD
|
common
stock
|
Sale
|
1,539
|
46.9566 USD
|
common
stock
|
Sale
|
1,229
|
46.8178 USD
|
common
stock
|
Sale
|
1,000
|
46.7500 USD
|
common
stock
|
Sale
|
907
|
46.9105 USD
|
common
stock
|
Sale
|
900
|
46.7155 USD
|
common
stock
|
Sale
|
800
|
47.0400 USD
|
common
stock
|
Sale
|
750
|
46.7333 USD
|
common
stock
|
Sale
|
700
|
46.7028 USD
|
common
stock
|
Sale
|
700
|
46.7114 USD
|
common
stock
|
Sale
|
600
|
46.8500 USD
|
common
stock
|
Sale
|
580
|
46.6970 USD
|
common
stock
|
Sale
|
502
|
46.8365 USD
|
common
stock
|
Sale
|
500
|
46.5060 USD
|
common
stock
|
Sale
|
400
|
46.7550 USD
|
common
stock
|
Sale
|
400
|
46.4950 USD
|
common
stock
|
Sale
|
400
|
46.9050 USD
|
common
stock
|
Sale
|
394
|
47.0570 USD
|
common
stock
|
Sale
|
376
|
46.8914 USD
|
common
stock
|
Sale
|
337
|
46.6039 USD
|
common
stock
|
Sale
|
300
|
46.9183 USD
|
common
stock
|
Sale
|
300
|
46.6748 USD
|
common
stock
|
Sale
|
258
|
46.5900 USD
|
common
stock
|
Sale
|
201
|
46.6002 USD
|
common
stock
|
Sale
|
200
|
46.6750 USD
|
common
stock
|
Sale
|
170
|
46.8100 USD
|
common
stock
|
Sale
|
160
|
46.8418 USD
|
common
stock
|
Sale
|
147
|
46.7141 USD
|
common
stock
|
Sale
|
100
|
46.9100 USD
|
common
stock
|
Sale
|
100
|
47.0200 USD
|
common
stock
|
Sale
|
50
|
47.0704 USD
|
common
stock
|
Sale
|
45
|
46.7922 USD
|
common
stock
|
Sale
|
20
|
46.6250 USD
|
common
stock
|
Sale
|
10
|
46.8950 USD
|
common
stock
|
Sale
|
9
|
46.6000 USD
|
common
stock
|
Sale
|
9
|
46.9444 USD
|
common
stock
|
Sale
|
8
|
46.9400 USD
|
common
stock
|
Sale
|
6
|
46.6450 USD
|
common
stock
|
Sale
|
5
|
46.7800 USD
|
common
stock
|
Sale
|
5
|
46.4600 USD
|
common
stock
|
Sale
|
3
|
46.6200 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
|
29,700
|
46.6866 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:
|
29 Jul 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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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|