|
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
relevant securities this form relates:
|
INTERNATIONAL PAPER COMPANY
|
|
(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:
|
07
Jun 2024
|
|
(f)
|
In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
|
YES:
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:
|
868,737
|
0.25%
|
431,664
|
0.12%
|
|
(2)
Cash-settled derivatives:
|
125,920
|
0.04%
|
48,060
|
0.01%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
|
TOTAL:
|
994,657
|
0.29%
|
479,724
|
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 PERSON MAKING THE
DISCLOSURE
|
|
(a)
|
Purchase and sales
|
|
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
|
common
stock
|
Purchase
|
447,296
|
45.5415 USD
|
|
common
stock
|
Purchase
|
86,366
|
45.1667 USD
|
|
common
stock
|
Purchase
|
55,617
|
45.1893 USD
|
|
common
stock
|
Purchase
|
50,957
|
45.8292 USD
|
|
common
stock
|
Purchase
|
50,692
|
45.1992 USD
|
|
common
stock
|
Purchase
|
47,367
|
45.5485 USD
|
|
common
stock
|
Purchase
|
25,700
|
44.2774 USD
|
|
common
stock
|
Purchase
|
24,000
|
45.7400 USD
|
|
common
stock
|
Purchase
|
19,354
|
45.4870 USD
|
|
common
stock
|
Purchase
|
19,195
|
45.4256 USD
|
|
common
stock
|
Purchase
|
18,277
|
45.2100 USD
|
|
common
stock
|
Purchase
|
13,901
|
45.0918 USD
|
|
common
stock
|
Purchase
|
9,415
|
44.9505 USD
|
|
common
stock
|
Purchase
|
8,583
|
45.2099 USD
|
|
common
stock
|
Purchase
|
6,047
|
45.1559 USD
|
|
common
stock
|
Purchase
|
5,685
|
45.3947 USD
|
|
common
stock
|
Purchase
|
5,209
|
45.2076 USD
|
|
common
stock
|
Purchase
|
4,601
|
44.4954 USD
|
|
common
stock
|
Purchase
|
4,387
|
45.1692 USD
|
|
common
stock
|
Purchase
|
4,115
|
45.5256 USD
|
|
common
stock
|
Purchase
|
3,809
|
44.3563 USD
|
|
common
stock
|
Purchase
|
2,882
|
45.4572 USD
|
|
common
stock
|
Purchase
|
2,500
|
45.5491 USD
|
|
common
stock
|
Purchase
|
2,500
|
45.4712 USD
|
|
common
stock
|
Purchase
|
2,119
|
45.3351 USD
|
|
common
stock
|
Purchase
|
1,923
|
45.0343 USD
|
|
common
stock
|
Purchase
|
1,912
|
44.7781 USD
|
|
common
stock
|
Purchase
|
1,772
|
45.4766 USD
|
|
common
stock
|
Purchase
|
1,585
|
45.3330 USD
|
|
common
stock
|
Purchase
|
1,563
|
45.6575 USD
|
|
common
stock
|
Purchase
|
1,234
|
44.5007 USD
|
|
common
stock
|
Purchase
|
1,230
|
45.5660 USD
|
|
common
stock
|
Purchase
|
1,226
|
44.4944 USD
|
|
common
stock
|
Purchase
|
998
|
45.3020 USD
|
|
common
stock
|
Purchase
|
879
|
44.4860 USD
|
|
common
stock
|
Purchase
|
844
|
44.4888 USD
|
|
common
stock
|
Purchase
|
618
|
45.2965 USD
|
|
common
stock
|
Purchase
|
545
|
45.2988 USD
|
|
common
stock
|
Purchase
|
542
|
44.5331 USD
|
|
common
stock
|
Purchase
|
522
|
44.5112 USD
|
|
common
stock
|
Purchase
|
500
|
45.4280 USD
|
|
common
stock
|
Purchase
|
401
|
45.6674 USD
|
|
common
stock
|
Purchase
|
400
|
45.3825 USD
|
|
common
stock
|
Purchase
|
348
|
46.0379 USD
|
|
common
stock
|
Purchase
|
344
|
45.5325 USD
|
|
common
stock
|
Purchase
|
200
|
44.4700 USD
|
|
common
stock
|
Purchase
|
164
|
45.4508 USD
|
|
common
stock
|
Purchase
|
157
|
45.7636 USD
|
|
common
stock
|
Purchase
|
122
|
44.5488 USD
|
|
common
stock
|
Purchase
|
100
|
44.5500 USD
|
|
common
stock
|
Purchase
|
73
|
45.3200 USD
|
|
common
stock
|
Purchase
|
26
|
44.4776 USD
|
|
common
stock
|
Purchase
|
25
|
44.9880 USD
|
|
common
stock
|
Purchase
|
20
|
44.3800 USD
|
|
common
stock
|
Purchase
|
20
|
44.7900 USD
|
|
common
stock
|
Purchase
|
4
|
44.4200 USD
|
|
common
stock
|
Purchase
|
2
|
44.4900 USD
|
|
common
stock
|
Purchase
|
1
|
45.2000 USD
|
|
common
stock
|
Sale
|
235,448
|
45.6011 USD
|
|
common
stock
|
Sale
|
115,572
|
45.3651 USD
|
|
common
stock
|
Sale
|
113,420
|
45.2113 USD
|
|
common
stock
|
Sale
|
77,296
|
45.5060 USD
|
|
common
stock
|
Sale
|
41,947
|
45.6073 USD
|
|
common
stock
|
Sale
|
40,168
|
45.4853 USD
|
|
common
stock
|
Sale
|
38,547
|
45.5606 USD
|
|
common
stock
|
Sale
|
32,321
|
45.6064 USD
|
|
common
stock
|
Sale
|
28,461
|
44.3036 USD
|
|
common
stock
|
Sale
|
26,150
|
45.3079 USD
|
|
common
stock
|
Sale
|
24,000
|
45.7400 USD
|
|
common
stock
|
Sale
|
21,353
|
45.4178 USD
|
|
common
stock
|
Sale
|
20,396
|
45.6585 USD
|
|
common
stock
|
Sale
|
19,195
|
45.4256 USD
|
|
common
stock
|
Sale
|
12,868
|
44.3424 USD
|
|
common
stock
|
Sale
|
11,065
|
45.2100 USD
|
|
common
stock
|
Sale
|
10,032
|
44.2384 USD
|
|
common
stock
|
Sale
|
8,997
|
46.0119 USD
|
|
common
stock
|
Sale
|
8,383
|
45.2099 USD
|
|
common
stock
|
Sale
|
6,417
|
45.4570 USD
|
|
common
stock
|
Sale
|
5,209
|
45.2076 USD
|
|
common
stock
|
Sale
|
3,326
|
45.7249 USD
|
|
common
stock
|
Sale
|
2,932
|
45.3020 USD
|
|
common
stock
|
Sale
|
2,500
|
44.1164 USD
|
|
common
stock
|
Sale
|
2,500
|
45.4712 USD
|
|
common
stock
|
Sale
|
2,500
|
45.5491 USD
|
|
common
stock
|
Sale
|
1,974
|
45.3277 USD
|
|
common
stock
|
Sale
|
1,734
|
46.0017 USD
|
|
common
stock
|
Sale
|
1,563
|
45.6575 USD
|
|
common
stock
|
Sale
|
1,371
|
45.3173 USD
|
|
common
stock
|
Sale
|
1,366
|
46.0000 USD
|
|
common
stock
|
Sale
|
1,220
|
45.3483 USD
|
|
common
stock
|
Sale
|
1,192
|
45.2059 USD
|
|
common
stock
|
Sale
|
1,048
|
45.4656 USD
|
|
common
stock
|
Sale
|
1,015
|
45.1981 USD
|
|
common
stock
|
Sale
|
957
|
45.6877 USD
|
|
common
stock
|
Sale
|
604
|
44.9037 USD
|
|
common
stock
|
Sale
|
545
|
45.2988 USD
|
|
common
stock
|
Sale
|
500
|
44.2840 USD
|
|
common
stock
|
Sale
|
420
|
45.6233 USD
|
|
common
stock
|
Sale
|
412
|
44.7630 USD
|
|
common
stock
|
Sale
|
214
|
45.4340 USD
|
|
common
stock
|
Sale
|
210
|
45.5411 USD
|
|
common
stock
|
Sale
|
200
|
44.1550 USD
|
|
common
stock
|
Sale
|
164
|
45.4508 USD
|
|
common
stock
|
Sale
|
125
|
45.4520 USD
|
|
common
stock
|
Sale
|
122
|
44.5488 USD
|
|
common
stock
|
Sale
|
111
|
46.0721 USD
|
|
common
stock
|
Sale
|
100
|
43.9600 USD
|
|
common
stock
|
Sale
|
100
|
44.0900 USD
|
|
common
stock
|
Sale
|
73
|
45.3200 USD
|
|
common
stock
|
Sale
|
40
|
44.3800 USD
|
|
common
stock
|
Sale
|
25
|
44.9880 USD
|
|
common
stock
|
Sale
|
20
|
45.8500 USD
|
|
common
stock
|
Sale
|
5
|
45.4800 USD
|
|
common
stock
|
Sale
|
3
|
45.5333 USD
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions
(including options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
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
|
Option
money
paid/
received
per unit
|
|
common
stock
|
Call
Options
|
Purchasing
|
2,100
|
USD
|
TBD
|
TBD
|
0.5000 USD
|
|
common
stock
|
Call
Options
|
Purchasing
|
200,000
|
USD
|
TBD
|
TBD
|
1.3500 USD
|
|
common
stock
|
Call
Options
|
Purchasing
|
60,000
|
USD
|
TBD
|
TBD
|
2.8000 USD
|
|
common
stock
|
Call
Options
|
Selling
|
200,000
|
USD
|
TBD
|
TBD
|
2.2000 USD
|
|
common
stock
|
Call
Options
|
Purchasing
|
6,700
|
USD
|
TBD
|
TBD
|
0.3117 USD
|
|
common
stock
|
Call
Options
|
Purchasing
|
1,200
|
USD
|
TBD
|
TBD
|
3.4250 USD
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
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 person 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 Jun 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|