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 CO
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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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11
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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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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726,344
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0.21%
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581,835
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0.17%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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271,531
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0.08%
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27,615
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0.01%
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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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997,875
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0.29%
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609,450
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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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134,547
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37.8402 USD
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common
stock
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Purchase
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48,895
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37.8624 USD
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common
stock
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Purchase
|
33,476
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37.8469 USD
|
common
stock
|
Purchase
|
31,995
|
37.8159 USD
|
common
stock
|
Purchase
|
23,800
|
37.8969 USD
|
common
stock
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Purchase
|
19,838
|
37.8100 USD
|
common
stock
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Purchase
|
11,162
|
37.8613 USD
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common
stock
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Purchase
|
8,322
|
37.8984 USD
|
common
stock
|
Purchase
|
7,410
|
37.8561 USD
|
common
stock
|
Purchase
|
6,629
|
37.8633 USD
|
common
stock
|
Purchase
|
6,391
|
37.8532 USD
|
common
stock
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Purchase
|
4,722
|
37.8432 USD
|
common
stock
|
Purchase
|
4,494
|
37.9172 USD
|
common
stock
|
Purchase
|
3,841
|
37.8763 USD
|
common
stock
|
Purchase
|
3,179
|
37.8138 USD
|
common
stock
|
Purchase
|
2,820
|
37.8526 USD
|
common
stock
|
Purchase
|
2,798
|
37.8400 USD
|
common
stock
|
Purchase
|
2,263
|
37.8130 USD
|
common
stock
|
Purchase
|
1,990
|
37.8770 USD
|
common
stock
|
Purchase
|
1,851
|
37.9273 USD
|
common
stock
|
Purchase
|
1,790
|
37.8357 USD
|
common
stock
|
Purchase
|
1,608
|
37.8263 USD
|
common
stock
|
Purchase
|
1,502
|
37.8172 USD
|
common
stock
|
Purchase
|
1,400
|
37.9060 USD
|
common
stock
|
Purchase
|
1,333
|
37.8232 USD
|
common
stock
|
Purchase
|
1,100
|
37.8831 USD
|
common
stock
|
Purchase
|
1,055
|
37.8312 USD
|
common
stock
|
Purchase
|
800
|
37.9286 USD
|
common
stock
|
Purchase
|
700
|
37.8985 USD
|
common
stock
|
Purchase
|
532
|
37.8722 USD
|
common
stock
|
Purchase
|
471
|
38.0700 USD
|
common
stock
|
Purchase
|
369
|
37.8764 USD
|
common
stock
|
Purchase
|
361
|
37.8282 USD
|
common
stock
|
Purchase
|
300
|
38.0433 USD
|
common
stock
|
Purchase
|
230
|
37.7650 USD
|
common
stock
|
Purchase
|
211
|
37.8048 USD
|
common
stock
|
Purchase
|
186
|
37.8073 USD
|
common
stock
|
Purchase
|
160
|
37.8409 USD
|
common
stock
|
Purchase
|
124
|
37.9408 USD
|
common
stock
|
Purchase
|
105
|
37.8000 USD
|
common
stock
|
Purchase
|
100
|
37.9025 USD
|
common
stock
|
Purchase
|
87
|
37.8416 USD
|
common
stock
|
Purchase
|
50
|
35.2500 EUR
|
common
stock
|
Purchase
|
47
|
38.0600 USD
|
common
stock
|
Purchase
|
29
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37.9000 USD
|
common
stock
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Purchase
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4
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37.8600 USD
|
common
stock
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Sale
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203,911
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37.8435 USD
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common
stock
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Sale
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33,476
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37.8469 USD
|
common
stock
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Sale
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30,860
|
37.8164 USD
|
common
stock
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Sale
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19,291
|
37.8100 USD
|
common
stock
|
Sale
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16,732
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37.8663 USD
|
common
stock
|
Sale
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11,292
|
37.9243 USD
|
common
stock
|
Sale
|
11,227
|
37.8442 USD
|
common
stock
|
Sale
|
9,191
|
37.8578 USD
|
common
stock
|
Sale
|
8,050
|
37.8714 USD
|
common
stock
|
Sale
|
7,371
|
37.8279 USD
|
common
stock
|
Sale
|
7,225
|
37.8918 USD
|
common
stock
|
Sale
|
5,810
|
37.9709 USD
|
common
stock
|
Sale
|
4,358
|
37.8431 USD
|
common
stock
|
Sale
|
3,985
|
37.8362 USD
|
common
stock
|
Sale
|
3,533
|
37.8611 USD
|
common
stock
|
Sale
|
3,098
|
37.9600 USD
|
common
stock
|
Sale
|
2,710
|
37.8263 USD
|
common
stock
|
Sale
|
2,551
|
37.8217 USD
|
common
stock
|
Sale
|
2,379
|
37.8151 USD
|
common
stock
|
Sale
|
1,889
|
37.8260 USD
|
common
stock
|
Sale
|
1,790
|
37.8357 USD
|
common
stock
|
Sale
|
1,683
|
37.8715 USD
|
common
stock
|
Sale
|
1,571
|
38.0703 USD
|
common
stock
|
Sale
|
1,477
|
37.8656 USD
|
common
stock
|
Sale
|
1,400
|
37.9060 USD
|
common
stock
|
Sale
|
1,094
|
37.9035 USD
|
common
stock
|
Sale
|
1,084
|
37.9376 USD
|
common
stock
|
Sale
|
950
|
37.8831 USD
|
common
stock
|
Sale
|
780
|
37.8533 USD
|
common
stock
|
Sale
|
471
|
38.0700 USD
|
common
stock
|
Sale
|
300
|
38.0433 USD
|
common
stock
|
Sale
|
300
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37.8166 USD
|
common
stock
|
Sale
|
289
|
37.8088 USD
|
common
stock
|
Sale
|
276
|
37.8295 USD
|
common
stock
|
Sale
|
211
|
37.8048 USD
|
common
stock
|
Sale
|
200
|
37.8850 USD
|
common
stock
|
Sale
|
191
|
37.8400 USD
|
common
stock
|
Sale
|
167
|
37.8102 USD
|
common
stock
|
Sale
|
150
|
37.8833 USD
|
common
stock
|
Sale
|
115
|
37.7650 USD
|
common
stock
|
Sale
|
105
|
38.0495 USD
|
common
stock
|
Sale
|
100
|
37.8900 USD
|
common
stock
|
Sale
|
100
|
38.1300 USD
|
common
stock
|
Sale
|
100
|
37.9025 USD
|
common
stock
|
Sale
|
99
|
37.8841 USD
|
common
stock
|
Sale
|
82
|
37.7600 USD
|
common
stock
|
Sale
|
50
|
35.2500 EUR
|
common
stock
|
Sale
|
33
|
37.7500 USD
|
common
stock
|
Sale
|
16
|
37.9705 USD
|
common
stock
|
Sale
|
10
|
37.7750 USD
|
common
stock
|
Sale
|
5
|
37.8500 USD
|
common
stock
|
Sale
|
4
|
37.8600 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
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reference
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unit
|
security
|
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|
securities
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common
stock
|
SWAP
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Increasing Long
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28,700
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37.8506 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
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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,
|
securities
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per unit
|
|
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paid/
|
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
|
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,
|
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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
|
(b)
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Agreements, arrangements or understandings relating to options
or derivatives
|
|
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
|
(c)
|
Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
12 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
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