FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
|
A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
|
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
|
|
|
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 CO
|
|
relevant securities this form relates:
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(d)
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If
an exempt fund manager connected with an
|
|
|
offeror/offeree, state this and specify identity
of
|
|
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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03
Apr 2024
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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?
|
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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|
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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
|
|
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
|
|
|
|
|
|
and/or controlled:
|
|
|
747,792
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0.22%
|
523,805
|
0.15%
|
(2)
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Cash-settled derivatives:
|
|
|
|
|
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and/or controlled:
|
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|
156,288
|
0.05%
|
15,780
|
0.00%
|
(3)
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Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
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904,080
|
0.26%
|
539,585
|
0.16%
|
(b)
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Rights to subscribe for new securities (including directors
and other executive
|
|
|
options)
|
|
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|
|
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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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|
|
|
|
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Class of
relevant
|
Purchase/sale
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Number of
|
Price per
unit
|
security
|
|
securities
|
|
common
stock
|
Purchase
|
95,997
|
39.0169 USD
|
common
stock
|
Purchase
|
48,114
|
38.9776 USD
|
common
stock
|
Purchase
|
38,797
|
39.0392 USD
|
common
stock
|
Purchase
|
37,822
|
38.9787 USD
|
common
stock
|
Purchase
|
25,816
|
38.9659 USD
|
common
stock
|
Purchase
|
25,000
|
38.8787 USD
|
common
stock
|
Purchase
|
14,038
|
39.0051 USD
|
common
stock
|
Purchase
|
8,085
|
39.0700 USD
|
common
stock
|
Purchase
|
5,827
|
38.9196 USD
|
common
stock
|
Purchase
|
5,244
|
38.8810 USD
|
common
stock
|
Purchase
|
4,340
|
38.9862 USD
|
common
stock
|
Purchase
|
3,681
|
38.9714 USD
|
common
stock
|
Purchase
|
2,955
|
38.9706 USD
|
common
stock
|
Purchase
|
1,830
|
38.9868 USD
|
common
stock
|
Purchase
|
1,624
|
39.0506 USD
|
common
stock
|
Purchase
|
1,329
|
39.0123 USD
|
common
stock
|
Purchase
|
1,245
|
39.0665 USD
|
common
stock
|
Purchase
|
1,116
|
38.9054 USD
|
common
stock
|
Purchase
|
1,023
|
38.9662 USD
|
common
stock
|
Purchase
|
999
|
39.0673 USD
|
common
stock
|
Purchase
|
453
|
39.0435 USD
|
common
stock
|
Purchase
|
403
|
38.9710 USD
|
common
stock
|
Purchase
|
332
|
39.0634 USD
|
common
stock
|
Purchase
|
216
|
38.9682 USD
|
common
stock
|
Purchase
|
165
|
39.0217 USD
|
common
stock
|
Purchase
|
100
|
38.9200 USD
|
common
stock
|
Purchase
|
100
|
38.7100 USD
|
common
stock
|
Purchase
|
50
|
38.7600 USD
|
common
stock
|
Purchase
|
27
|
38.7750 USD
|
common
stock
|
Purchase
|
3
|
39.0100 USD
|
common
stock
|
Sale
|
181,000
|
38.7000 USD
|
common
stock
|
Sale
|
40,687
|
38.9899 USD
|
common
stock
|
Sale
|
36,565
|
39.0452 USD
|
common
stock
|
Sale
|
35,216
|
39.0439 USD
|
common
stock
|
Sale
|
25,816
|
38.9659 USD
|
common
stock
|
Sale
|
25,000
|
38.8787 USD
|
common
stock
|
Sale
|
22,315
|
38.9482 USD
|
common
stock
|
Sale
|
20,226
|
39.0178 USD
|
common
stock
|
Sale
|
19,364
|
38.9983 USD
|
common
stock
|
Sale
|
18,905
|
38.9972 USD
|
common
stock
|
Sale
|
13,227
|
38.9991 USD
|
common
stock
|
Sale
|
10,749
|
38.9512 USD
|
common
stock
|
Sale
|
9,642
|
38.9835 USD
|
common
stock
|
Sale
|
8,652
|
38.9255 USD
|
common
stock
|
Sale
|
7,908
|
38.9625 USD
|
common
stock
|
Sale
|
7,196
|
39.0700 USD
|
common
stock
|
Sale
|
6,702
|
39.0020 USD
|
common
stock
|
Sale
|
6,687
|
38.9992 USD
|
common
stock
|
Sale
|
5,418
|
38.8561 USD
|
common
stock
|
Sale
|
5,244
|
38.8810 USD
|
common
stock
|
Sale
|
4,507
|
38.9048 USD
|
common
stock
|
Sale
|
4,437
|
39.0050 USD
|
common
stock
|
Sale
|
4,009
|
38.8953 USD
|
common
stock
|
Sale
|
3,551
|
38.9973 USD
|
common
stock
|
Sale
|
3,400
|
38.9711 USD
|
common
stock
|
Sale
|
3,192
|
38.8138 USD
|
common
stock
|
Sale
|
2,689
|
38.8722 USD
|
common
stock
|
Sale
|
2,400
|
38.9020 USD
|
common
stock
|
Sale
|
1,971
|
38.9213 USD
|
common
stock
|
Sale
|
1,800
|
38.9891 USD
|
common
stock
|
Sale
|
1,731
|
38.9683 USD
|
common
stock
|
Sale
|
1,675
|
39.0192 USD
|
common
stock
|
Sale
|
1,245
|
39.0665 USD
|
common
stock
|
Sale
|
1,023
|
38.9662 USD
|
common
stock
|
Sale
|
915
|
38.9868 USD
|
common
stock
|
Sale
|
793
|
38.8916 USD
|
common
stock
|
Sale
|
701
|
38.8644 USD
|
common
stock
|
Sale
|
601
|
38.9894 USD
|
common
stock
|
Sale
|
576
|
38.7584 USD
|
common
stock
|
Sale
|
557
|
38.9979 USD
|
common
stock
|
Sale
|
555
|
38.9701 USD
|
common
stock
|
Sale
|
542
|
39.0227 USD
|
common
stock
|
Sale
|
538
|
38.9395 USD
|
common
stock
|
Sale
|
531
|
38.9622 USD
|
common
stock
|
Sale
|
530
|
39.0062 USD
|
common
stock
|
Sale
|
516
|
39.0350 USD
|
common
stock
|
Sale
|
371
|
38.9557 USD
|
common
stock
|
Sale
|
332
|
39.0634 USD
|
common
stock
|
Sale
|
300
|
39.0133 USD
|
common
stock
|
Sale
|
300
|
38.9000 USD
|
common
stock
|
Sale
|
300
|
38.9800 USD
|
common
stock
|
Sale
|
300
|
39.0100 USD
|
common
stock
|
Sale
|
278
|
39.0287 USD
|
common
stock
|
Sale
|
247
|
39.0900 USD
|
common
stock
|
Sale
|
243
|
38.9713 USD
|
common
stock
|
Sale
|
216
|
38.9682 USD
|
common
stock
|
Sale
|
210
|
39.0008 USD
|
common
stock
|
Sale
|
200
|
39.0748 USD
|
common
stock
|
Sale
|
200
|
39.0125 USD
|
common
stock
|
Sale
|
200
|
39.0150 USD
|
common
stock
|
Sale
|
200
|
38.9500 USD
|
common
stock
|
Sale
|
200
|
38.9950 USD
|
common
stock
|
Sale
|
200
|
38.7350 USD
|
common
stock
|
Sale
|
200
|
38.8800 USD
|
common
stock
|
Sale
|
165
|
39.0217 USD
|
common
stock
|
Sale
|
160
|
38.9706 USD
|
common
stock
|
Sale
|
152
|
39.0950 USD
|
common
stock
|
Sale
|
140
|
39.0668 USD
|
common
stock
|
Sale
|
108
|
39.0000 USD
|
common
stock
|
Sale
|
100
|
38.9750 USD
|
common
stock
|
Sale
|
100
|
38.7900 USD
|
common
stock
|
Sale
|
100
|
38.7100 USD
|
common
stock
|
Sale
|
64
|
38.9684 USD
|
common
stock
|
Sale
|
50
|
38.7600 USD
|
common
stock
|
Sale
|
37
|
38.8250 USD
|
common
stock
|
Sale
|
32
|
39.0650 USD
|
common
stock
|
Sale
|
32
|
39.0300 USD
|
common
stock
|
Sale
|
-181,000
|
39.0234 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
|
22,400
|
38.9592 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
|
|
|
|
|
common
stock
|
Call
Options
|
Selling
|
12
|
USD
|
|
|
0.3000 USD
|
common
stock
|
Put
Options
|
Selling
|
1,400
|
38.0000 USD
|
American
|
12 Apr
2024
|
0.3500 USD
|
common
stock
|
Call
Options
|
Selling
|
34
|
USD
|
|
|
0.5926 USD
|
common
stock
|
Call
Options
|
Selling
|
6,500
|
40.0000 USD
|
American
|
17 May
2024
|
1.2023 USD
|
common
stock
|
Call
Options
|
Selling
|
73
|
USD
|
|
|
0.6349 USD
|
common
stock
|
Put
Options
|
Selling
|
13,300
|
38.0000 USD
|
American
|
17 May
2024
|
0.8116 USD
|
common
stock
|
Put
Options
|
Selling
|
3,400
|
40.0000 USD
|
American
|
17 May
2024
|
1.9500 USD
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
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(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
|
|
|
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|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
04 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
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