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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17
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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715,007
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0.21%
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562,033
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0.16%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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252,625
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0.07%
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31,560
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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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967,632
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0.28%
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593,593
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0.17%
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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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287,665
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35.1396 USD
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common
stock
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Purchase
|
211,600
|
35.2398 USD
|
common
stock
|
Purchase
|
155,482
|
35.3385 USD
|
common
stock
|
Purchase
|
31,022
|
35.2899 USD
|
common
stock
|
Purchase
|
26,830
|
35.7831 USD
|
common
stock
|
Purchase
|
25,904
|
35.4730 USD
|
common
stock
|
Purchase
|
22,340
|
35.2903 USD
|
common
stock
|
Purchase
|
21,204
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35.0600 USD
|
common
stock
|
Purchase
|
20,969
|
35.3713 USD
|
common
stock
|
Purchase
|
20,490
|
35.2806 USD
|
common
stock
|
Purchase
|
6,857
|
35.1552 USD
|
common
stock
|
Purchase
|
5,656
|
35.2773 USD
|
common
stock
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Purchase
|
4,308
|
35.1685 USD
|
common
stock
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Purchase
|
4,156
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36.0025 USD
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common
stock
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Purchase
|
3,656
|
35.5704 USD
|
common
stock
|
Purchase
|
2,912
|
35.3664 USD
|
common
stock
|
Purchase
|
2,063
|
35.4578 USD
|
common
stock
|
Purchase
|
1,518
|
35.4261 USD
|
common
stock
|
Purchase
|
1,377
|
35.4180 USD
|
common
stock
|
Purchase
|
1,300
|
35.7207 USD
|
common
stock
|
Purchase
|
1,293
|
35.5398 USD
|
common
stock
|
Purchase
|
1,149
|
35.3128 USD
|
common
stock
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Purchase
|
953
|
35.2384 USD
|
common
stock
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Purchase
|
800
|
35.6750 USD
|
common
stock
|
Purchase
|
595
|
35.1400 USD
|
common
stock
|
Purchase
|
363
|
35.0664 USD
|
common
stock
|
Purchase
|
205
|
35.4558 USD
|
common
stock
|
Purchase
|
200
|
35.7000 USD
|
common
stock
|
Purchase
|
160
|
35.1243 USD
|
common
stock
|
Purchase
|
144
|
35.2552 USD
|
common
stock
|
Purchase
|
138
|
35.1465 USD
|
common
stock
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Purchase
|
10
|
35.3850 USD
|
common
stock
|
Sale
|
510,563
|
35.2223 USD
|
common
stock
|
Sale
|
110,384
|
35.1515 USD
|
common
stock
|
Sale
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31,360
|
35.6563 USD
|
common
stock
|
Sale
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24,155
|
35.0600 USD
|
common
stock
|
Sale
|
23,862
|
35.3338 USD
|
common
stock
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Sale
|
20,291
|
35.2993 USD
|
common
stock
|
Sale
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13,357
|
35.1089 USD
|
common
stock
|
Sale
|
9,909
|
35.4341 USD
|
common
stock
|
Sale
|
9,745
|
35.3904 USD
|
common
stock
|
Sale
|
9,451
|
35.3082 USD
|
common
stock
|
Sale
|
9,293
|
35.3611 USD
|
common
stock
|
Sale
|
8,907
|
35.6864 USD
|
common
stock
|
Sale
|
8,522
|
35.3139 USD
|
common
stock
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Sale
|
7,709
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35.3407 USD
|
common
stock
|
Sale
|
6,801
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35.4282 USD
|
common
stock
|
Sale
|
6,794
|
35.4377 USD
|
common
stock
|
Sale
|
5,250
|
35.2493 USD
|
common
stock
|
Sale
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4,863
|
35.3959 USD
|
common
stock
|
Sale
|
4,842
|
35.1095 USD
|
common
stock
|
Sale
|
4,574
|
35.9624 USD
|
common
stock
|
Sale
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4,154
|
35.2316 USD
|
common
stock
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Sale
|
3,855
|
35.3509 USD
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common
stock
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Sale
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3,565
|
35.1448 USD
|
common
stock
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Sale
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3,489
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35.3545 USD
|
common
stock
|
Sale
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3,069
|
35.4641 USD
|
common
stock
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Sale
|
2,511
|
35.3485 USD
|
common
stock
|
Sale
|
2,209
|
35.3796 USD
|
common
stock
|
Sale
|
1,553
|
35.4581 USD
|
common
stock
|
Sale
|
1,528
|
35.8445 USD
|
common
stock
|
Sale
|
1,497
|
35.2489 USD
|
common
stock
|
Sale
|
1,264
|
35.5423 USD
|
common
stock
|
Sale
|
1,149
|
35.3128 USD
|
common
stock
|
Sale
|
1,139
|
35.1762 USD
|
common
stock
|
Sale
|
1,113
|
35.4749 USD
|
common
stock
|
Sale
|
1,100
|
35.2204 USD
|
common
stock
|
Sale
|
960
|
35.2263 USD
|
common
stock
|
Sale
|
953
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35.2384 USD
|
common
stock
|
Sale
|
950
|
35.4378 USD
|
common
stock
|
Sale
|
942
|
35.1705 USD
|
common
stock
|
Sale
|
831
|
35.9892 USD
|
common
stock
|
Sale
|
810
|
35.5143 USD
|
common
stock
|
Sale
|
625
|
35.7178 USD
|
common
stock
|
Sale
|
593
|
35.2732 USD
|
common
stock
|
Sale
|
536
|
35.1254 USD
|
common
stock
|
Sale
|
363
|
35.0664 USD
|
common
stock
|
Sale
|
303
|
35.2655 USD
|
common
stock
|
Sale
|
300
|
35.1400 USD
|
common
stock
|
Sale
|
265
|
35.6684 USD
|
common
stock
|
Sale
|
220
|
35.0548 USD
|
common
stock
|
Sale
|
209
|
35.2313 USD
|
common
stock
|
Sale
|
208
|
35.2359 USD
|
common
stock
|
Sale
|
200
|
35.9500 USD
|
common
stock
|
Sale
|
200
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35.7000 USD
|
common
stock
|
Sale
|
160
|
35.1243 USD
|
common
stock
|
Sale
|
138
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35.1465 USD
|
common
stock
|
Sale
|
134
|
35.8880 USD
|
common
stock
|
Sale
|
126
|
35.1190 USD
|
common
stock
|
Sale
|
100
|
35.8700 USD
|
common
stock
|
Sale
|
100
|
35.4100 USD
|
common
stock
|
Sale
|
100
|
35.6100 USD
|
common
stock
|
Sale
|
81
|
35.7753 USD
|
common
stock
|
Sale
|
59
|
35.6567 USD
|
common
stock
|
Sale
|
40
|
36.1005 USD
|
common
stock
|
Sale
|
26
|
35.0650 USD
|
common
stock
|
Sale
|
23
|
35.3600 USD
|
common
stock
|
Sale
|
8
|
35.4550 USD
|
common
stock
|
Sale
|
5
|
35.0800 USD
|
common
stock
|
Sale
|
5
|
35.1900 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
|
unit
|
security
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|
securities
|
|
common
stock
|
SWAP
|
Opening
Long
|
525
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36.0656 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,
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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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|
common
stock
|
Call
Options
|
Selling
|
1,800
|
USD
|
|
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1.0500 USD
|
common
stock
|
Call
Options
|
Selling
|
4,500
|
36.0000 USD
|
American
|
26 Apr
2024
|
0.5511 USD
|
common
stock
|
Call
Options
|
Selling
|
2,200
|
USD
|
|
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0.3500 USD
|
common
stock
|
Put
Options
|
Selling
|
4,800
|
35.0000 USD
|
American
|
26 Apr
2024
|
0.7687 USD
|
|
|
|
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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)
|
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:
|
18 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
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