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
|
INTERNATIONAL PAPER COMPANY
|
|
relevant securities this form relates:
|
(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:
|
19
Dec 2024
|
(f)
|
In
addition to the company in 1(c) above, is the discloser
making
|
YES:
|
|
|
|
disclosures in respect of any other party to the
offer?
|
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:
|
|
|
948,901
|
0.27%
|
1,024,532
|
0.29%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
536,773
|
0.15%
|
13,660
|
0.00%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,485,674
|
0.43%
|
1,038,192
|
0.30%
|
(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 EXEMPT PRINCIPAL
TRADER
|
(a)
|
Purchases and sales
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
security
|
|
securities
|
|
common
stock
|
Purchase
|
246,570
|
53.8400 USD
|
common
stock
|
Purchase
|
108,199
|
53.8099 USD
|
common
stock
|
Purchase
|
67,931
|
53.8850 USD
|
common
stock
|
Purchase
|
63,621
|
53.8399 USD
|
common
stock
|
Purchase
|
12,655
|
53.5121 USD
|
common
stock
|
Purchase
|
9,192
|
53.7760 USD
|
common
stock
|
Purchase
|
9,160
|
53.6454 USD
|
common
stock
|
Purchase
|
9,021
|
53.8244 USD
|
common
stock
|
Purchase
|
5,040
|
53.6605 USD
|
common
stock
|
Purchase
|
4,394
|
53.8394 USD
|
common
stock
|
Purchase
|
3,742
|
53.8075 USD
|
common
stock
|
Purchase
|
3,162
|
53.5439 USD
|
common
stock
|
Purchase
|
2,413
|
53.6151 USD
|
common
stock
|
Purchase
|
2,000
|
53.9482 USD
|
common
stock
|
Purchase
|
1,650
|
53.9318 USD
|
common
stock
|
Purchase
|
976
|
53.5579 USD
|
common
stock
|
Purchase
|
649
|
53.8549 USD
|
common
stock
|
Purchase
|
629
|
53.7410 USD
|
common
stock
|
Purchase
|
471
|
53.6755 USD
|
common
stock
|
Purchase
|
451
|
53.6355 USD
|
common
stock
|
Purchase
|
413
|
53.6072 USD
|
common
stock
|
Purchase
|
245
|
53.8162 USD
|
common
stock
|
Purchase
|
204
|
53.7559 USD
|
common
stock
|
Purchase
|
200
|
53.6850 USD
|
common
stock
|
Purchase
|
200
|
53.5750 USD
|
common
stock
|
Purchase
|
137
|
53.6562 USD
|
common
stock
|
Purchase
|
118
|
53.9286 USD
|
common
stock
|
Purchase
|
100
|
53.6883 USD
|
common
stock
|
Purchase
|
100
|
53.3450 USD
|
common
stock
|
Purchase
|
100
|
53.2400 USD
|
common
stock
|
Purchase
|
85
|
53.6600 USD
|
common
stock
|
Purchase
|
74
|
51.6200 EUR
|
common
stock
|
Purchase
|
65
|
53.6670 USD
|
common
stock
|
Purchase
|
52
|
53.6500 USD
|
common
stock
|
Purchase
|
44
|
53.7800 USD
|
common
stock
|
Purchase
|
35
|
53.7528 USD
|
common
stock
|
Purchase
|
35
|
53.6900 USD
|
common
stock
|
Purchase
|
25
|
53.8020 USD
|
common
stock
|
Purchase
|
25
|
53.6440 USD
|
common
stock
|
Purchase
|
16
|
54.0600 USD
|
common
stock
|
Purchase
|
10
|
53.6300 USD
|
common
stock
|
Purchase
|
10
|
53.8600 USD
|
common
stock
|
Purchase
|
5
|
53.5700 USD
|
common
stock
|
Purchase
|
4
|
53.5900 USD
|
common
stock
|
Sale
|
216,150
|
53.8400 USD
|
common
stock
|
Sale
|
124,115
|
53.7764 USD
|
common
stock
|
Sale
|
68,441
|
53.8399 USD
|
common
stock
|
Sale
|
45,703
|
53.8415 USD
|
common
stock
|
Sale
|
18,924
|
53.8666 USD
|
common
stock
|
Sale
|
17,462
|
53.9170 USD
|
common
stock
|
Sale
|
12,119
|
53.8127 USD
|
common
stock
|
Sale
|
8,439
|
53.8321 USD
|
common
stock
|
Sale
|
7,246
|
53.6816 USD
|
common
stock
|
Sale
|
5,597
|
53.8492 USD
|
common
stock
|
Sale
|
5,004
|
53.9459 USD
|
common
stock
|
Sale
|
4,707
|
53.9154 USD
|
common
stock
|
Sale
|
4,236
|
53.8398 USD
|
common
stock
|
Sale
|
4,005
|
53.7158 USD
|
common
stock
|
Sale
|
3,354
|
53.7830 USD
|
common
stock
|
Sale
|
2,769
|
53.8396 USD
|
common
stock
|
Sale
|
2,549
|
53.5000 USD
|
common
stock
|
Sale
|
2,000
|
53.9482 USD
|
common
stock
|
Sale
|
1,834
|
53.6247 USD
|
common
stock
|
Sale
|
1,737
|
53.9630 USD
|
common
stock
|
Sale
|
1,650
|
53.9318 USD
|
common
stock
|
Sale
|
1,567
|
53.6489 USD
|
common
stock
|
Sale
|
1,157
|
53.7574 USD
|
common
stock
|
Sale
|
1,090
|
53.6117 USD
|
common
stock
|
Sale
|
967
|
53.9033 USD
|
common
stock
|
Sale
|
955
|
53.6703 USD
|
common
stock
|
Sale
|
950
|
53.5058 USD
|
common
stock
|
Sale
|
900
|
53.6022 USD
|
common
stock
|
Sale
|
834
|
53.9470 USD
|
common
stock
|
Sale
|
820
|
53.8032 USD
|
common
stock
|
Sale
|
800
|
57.5000 USD
|
common
stock
|
Sale
|
631
|
53.8338 USD
|
common
stock
|
Sale
|
629
|
53.7410 USD
|
common
stock
|
Sale
|
536
|
53.7323 USD
|
common
stock
|
Sale
|
475
|
53.8280 USD
|
common
stock
|
Sale
|
411
|
53.9185 USD
|
common
stock
|
Sale
|
325
|
53.6038 USD
|
common
stock
|
Sale
|
300
|
53.8933 USD
|
common
stock
|
Sale
|
274
|
53.6562 USD
|
common
stock
|
Sale
|
240
|
53.9110 USD
|
common
stock
|
Sale
|
236
|
53.5047 USD
|
common
stock
|
Sale
|
220
|
53.9554 USD
|
common
stock
|
Sale
|
201
|
53.7650 USD
|
common
stock
|
Sale
|
176
|
53.6100 USD
|
common
stock
|
Sale
|
136
|
53.9300 USD
|
common
stock
|
Sale
|
118
|
53.8600 USD
|
common
stock
|
Sale
|
105
|
53.8838 USD
|
common
stock
|
Sale
|
100
|
53.5200 USD
|
common
stock
|
Sale
|
100
|
53.3450 USD
|
common
stock
|
Sale
|
100
|
53.9100 USD
|
common
stock
|
Sale
|
88
|
53.6200 USD
|
common
stock
|
Sale
|
74
|
51.6200 EUR
|
common
stock
|
Sale
|
50
|
53.8300 USD
|
common
stock
|
Sale
|
45
|
53.6923 USD
|
common
stock
|
Sale
|
16
|
54.0600 USD
|
common
stock
|
Sale
|
6
|
53.4233 USD
|
common
stock
|
Sale
|
5
|
53.9500 USD
|
common
stock
|
Sale
|
2
|
53.4750 USD
|
common
stock
|
Sale
|
1
|
53.7600 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
|
13
|
53.8392 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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
20 Dec 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|