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
|
|
|
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 COMPANY
|
|
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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18
Jul 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
|
|
|
|
|
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and/or controlled:
|
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811,879
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0.23%
|
415,740
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0.12%
|
(2)
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Cash-settled derivatives:
|
|
|
|
|
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and/or controlled:
|
|
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76,162
|
0.02%
|
0
|
0.00%
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(3)
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Stock-settled derivatives (including
options)
|
|
|
|
|
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and
agreements to purchase/sell:
|
|
|
24,200
|
0.01%
|
24,700
|
0.01%
|
|
|
|
|
|
|
|
|
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TOTAL:
|
|
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912,241
|
0.26%
|
440,440
|
0.13%
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(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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|
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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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|
|
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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
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Purchase/sale
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Number of
|
Price per
unit
|
security
|
|
securities
|
|
common
stock
|
Purchase
|
63,163
|
45.9093 USD
|
common
stock
|
Purchase
|
27,665
|
45.8620 USD
|
common
stock
|
Purchase
|
27,633
|
45.8651 USD
|
common
stock
|
Purchase
|
24,852
|
45.8640 USD
|
common
stock
|
Purchase
|
23,484
|
45.8583 USD
|
common
stock
|
Purchase
|
16,725
|
45.8700 USD
|
common
stock
|
Purchase
|
8,679
|
45.8836 USD
|
common
stock
|
Purchase
|
8,188
|
45.8691 USD
|
common
stock
|
Purchase
|
7,269
|
45.8434 USD
|
common
stock
|
Purchase
|
6,548
|
45.7758 USD
|
common
stock
|
Purchase
|
4,289
|
45.8232 USD
|
common
stock
|
Purchase
|
3,343
|
45.7959 USD
|
common
stock
|
Purchase
|
3,112
|
45.8621 USD
|
common
stock
|
Purchase
|
3,027
|
45.8081 USD
|
common
stock
|
Purchase
|
2,806
|
45.8475 USD
|
common
stock
|
Purchase
|
2,785
|
45.8521 USD
|
common
stock
|
Purchase
|
2,737
|
45.8614 USD
|
common
stock
|
Purchase
|
2,390
|
45.7435 USD
|
common
stock
|
Purchase
|
2,128
|
45.7436 USD
|
common
stock
|
Purchase
|
1,531
|
45.7847 USD
|
common
stock
|
Purchase
|
1,460
|
45.9006 USD
|
common
stock
|
Purchase
|
1,290
|
45.8590 USD
|
common
stock
|
Purchase
|
1,257
|
45.9536 USD
|
common
stock
|
Purchase
|
1,180
|
45.8548 USD
|
common
stock
|
Purchase
|
1,085
|
45.7981 USD
|
common
stock
|
Purchase
|
900
|
45.8611 USD
|
common
stock
|
Purchase
|
500
|
45.8380 USD
|
common
stock
|
Purchase
|
329
|
45.7516 USD
|
common
stock
|
Purchase
|
327
|
45.8711 USD
|
common
stock
|
Purchase
|
300
|
45.8200 USD
|
common
stock
|
Purchase
|
208
|
45.8857 USD
|
common
stock
|
Purchase
|
125
|
45.8800 USD
|
common
stock
|
Purchase
|
100
|
45.8100 USD
|
common
stock
|
Purchase
|
100
|
45.8600 USD
|
common
stock
|
Purchase
|
100
|
45.9600 USD
|
common
stock
|
Purchase
|
100
|
46.0300 USD
|
common
stock
|
Purchase
|
96
|
45.8695 USD
|
common
stock
|
Purchase
|
96
|
45.8694 USD
|
common
stock
|
Purchase
|
42
|
45.8444 USD
|
common
stock
|
Purchase
|
30
|
45.6150 USD
|
common
stock
|
Purchase
|
30
|
45.8900 USD
|
common
stock
|
Purchase
|
13
|
45.9861 USD
|
common
stock
|
Purchase
|
10
|
45.7100 USD
|
common
stock
|
Purchase
|
1
|
45.8250 USD
|
common
stock
|
Sale
|
34,451
|
45.8366 USD
|
common
stock
|
Sale
|
27,240
|
45.8282 USD
|
common
stock
|
Sale
|
26,325
|
45.8969 USD
|
common
stock
|
Sale
|
22,757
|
45.8599 USD
|
common
stock
|
Sale
|
20,520
|
45.9066 USD
|
common
stock
|
Sale
|
18,307
|
45.8704 USD
|
common
stock
|
Sale
|
14,112
|
45.8700 USD
|
common
stock
|
Sale
|
11,125
|
45.8530 USD
|
common
stock
|
Sale
|
9,753
|
45.9146 USD
|
common
stock
|
Sale
|
8,188
|
45.8691 USD
|
common
stock
|
Sale
|
5,416
|
45.8490 USD
|
common
stock
|
Sale
|
4,948
|
45.9509 USD
|
common
stock
|
Sale
|
4,852
|
45.8641 USD
|
common
stock
|
Sale
|
4,740
|
45.8948 USD
|
common
stock
|
Sale
|
3,377
|
45.8990 USD
|
common
stock
|
Sale
|
3,112
|
45.8621 USD
|
common
stock
|
Sale
|
2,855
|
45.7953 USD
|
common
stock
|
Sale
|
2,788
|
45.8307 USD
|
common
stock
|
Sale
|
2,460
|
45.8462 USD
|
common
stock
|
Sale
|
2,272
|
45.8693 USD
|
common
stock
|
Sale
|
2,039
|
45.7659 USD
|
common
stock
|
Sale
|
1,464
|
45.8963 USD
|
common
stock
|
Sale
|
1,460
|
45.9006 USD
|
common
stock
|
Sale
|
1,458
|
45.8248 USD
|
common
stock
|
Sale
|
1,431
|
45.9595 USD
|
common
stock
|
Sale
|
1,180
|
45.8548 USD
|
common
stock
|
Sale
|
1,105
|
45.9717 USD
|
common
stock
|
Sale
|
1,055
|
45.8842 USD
|
common
stock
|
Sale
|
958
|
45.9310 USD
|
common
stock
|
Sale
|
909
|
45.8565 USD
|
common
stock
|
Sale
|
800
|
45.8650 USD
|
common
stock
|
Sale
|
720
|
45.8893 USD
|
common
stock
|
Sale
|
517
|
46.1062 USD
|
common
stock
|
Sale
|
376
|
45.9300 USD
|
common
stock
|
Sale
|
212
|
45.8464 USD
|
common
stock
|
Sale
|
208
|
45.8857 USD
|
common
stock
|
Sale
|
152
|
45.8220 USD
|
common
stock
|
Sale
|
151
|
45.7691 USD
|
common
stock
|
Sale
|
136
|
45.8537 USD
|
common
stock
|
Sale
|
100
|
45.8600 USD
|
common
stock
|
Sale
|
100
|
46.1300 USD
|
common
stock
|
Sale
|
100
|
45.8300 USD
|
common
stock
|
Sale
|
96
|
45.8694 USD
|
common
stock
|
Sale
|
95
|
45.8500 USD
|
common
stock
|
Sale
|
91
|
45.6400 USD
|
common
stock
|
Sale
|
80
|
45.9347 USD
|
common
stock
|
Sale
|
60
|
45.6150 USD
|
common
stock
|
Sale
|
51
|
45.8033 USD
|
common
stock
|
Sale
|
35
|
45.8614 USD
|
common
stock
|
Sale
|
31
|
45.8027 USD
|
common
stock
|
Sale
|
25
|
45.8020 USD
|
common
stock
|
Sale
|
20
|
45.9400 USD
|
common
stock
|
Sale
|
10
|
45.7000 USD
|
common
stock
|
Sale
|
10
|
45.7100 USD
|
common
stock
|
Sale
|
9
|
45.7500 USD
|
common
stock
|
Sale
|
5
|
45.8000 USD
|
common
stock
|
Sale
|
5
|
46.1400 USD
|
common
stock
|
Sale
|
1
|
45.8250 USD
|
|
|
|
|
|
|
|
|
(b)
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Cash-settled derivative transactions
|
|
Class of
|
Product
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Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
|
|
|
|
|
|
|
|
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(c)
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Stock-settled derivative transactions (including
options)
|
|
(i)
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Writing, selling, purchasing or varying
|
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Class
|
Product
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Writing,
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Number
|
Exercise
|
Type
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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
|
|
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(ii)
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Exercising
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Class of
relevant
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Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
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(d)
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Other dealings (including subscribing for new
securities)
|
|
Class of
relevant
|
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,
|
|
|
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:
|
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|
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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
|
|
|
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:
|
|
|
|
|
|
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NONE
|
(c)
|
Attachments
|
|
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|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
YES
|
Date of disclosure:
|
19 Jul 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
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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
|
common
stock
|
Put
Options
|
Written
|
24,200
|
43.0000
|
American
|
19 Jul
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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