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")
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1.
|
KEY
INFORMATION
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(a)
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Full name of discloser:
|
|
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):
|
(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:
|
(d)
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If
an exempt fund manager connected with an
|
|
|
offeror/offeree, state this and specify identity
of
|
|
offeror/offeree:
|
(e)
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Date position held/dealing undertaken:
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19
Nov 2024
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(f)
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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
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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
|
|
|
to
which the disclosure relates following the dealing(if
any)
|
|
Class of relevant security:
|
common stock
|
|
Interests
|
Short
Positions
|
|
Number
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(%)
|
Number
|
(%)
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(1)
|
Relevant securities owned
|
|
|
|
|
|
and/or controlled:
|
|
|
846,019
|
0.24%
|
577,850
|
0.16%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
341,870
|
0.09%
|
13,660
|
0.00%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,187,889
|
0.33%
|
591,510
|
0.16%
|
(b)
|
Rights to subscribe for new securities (including directors
and other executive
|
|
|
options)
|
|
|
|
|
|
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Class of relevant security in relation to
|
|
|
|
|
which subscription right exists
|
|
|
|
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Details, including nature of the rights
|
|
|
|
|
concerned and relevant percentages:
|
|
|
|
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
|
(a)
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Purchases and sales
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
security
|
|
securities
|
|
common
stock
|
Purchase
|
107,630
|
57.7750 USD
|
common
stock
|
Purchase
|
39,392
|
57.8400 USD
|
common
stock
|
Purchase
|
36,761
|
57.2606 USD
|
common
stock
|
Purchase
|
33,252
|
57.7361 USD
|
common
stock
|
Purchase
|
21,102
|
57.3027 USD
|
common
stock
|
Purchase
|
16,775
|
57.8398 USD
|
common
stock
|
Purchase
|
11,429
|
57.6029 USD
|
common
stock
|
Purchase
|
9,834
|
57.9279 USD
|
common
stock
|
Purchase
|
6,842
|
57.5200 USD
|
common
stock
|
Purchase
|
6,717
|
57.6077 USD
|
common
stock
|
Purchase
|
5,269
|
57.6564 USD
|
common
stock
|
Purchase
|
4,548
|
57.5956 USD
|
common
stock
|
Purchase
|
4,500
|
57.3653 USD
|
common
stock
|
Purchase
|
4,179
|
57.3805 USD
|
common
stock
|
Purchase
|
4,172
|
57.5158 USD
|
common
stock
|
Purchase
|
3,445
|
57.4587 USD
|
common
stock
|
Purchase
|
3,376
|
57.2930 USD
|
common
stock
|
Purchase
|
3,183
|
57.2332 USD
|
common
stock
|
Purchase
|
2,867
|
57.7681 USD
|
common
stock
|
Purchase
|
2,799
|
57.3181 USD
|
common
stock
|
Purchase
|
2,757
|
57.3806 USD
|
common
stock
|
Purchase
|
2,529
|
57.5814 USD
|
common
stock
|
Purchase
|
1,693
|
57.8327 USD
|
common
stock
|
Purchase
|
1,658
|
57.4586 USD
|
common
stock
|
Purchase
|
1,223
|
57.7083 USD
|
common
stock
|
Purchase
|
930
|
57.3966 USD
|
common
stock
|
Purchase
|
801
|
57.4829 USD
|
common
stock
|
Purchase
|
700
|
57.7135 USD
|
common
stock
|
Purchase
|
697
|
57.6969 USD
|
common
stock
|
Purchase
|
692
|
57.3627 USD
|
common
stock
|
Purchase
|
663
|
57.2609 USD
|
common
stock
|
Purchase
|
616
|
57.1397 USD
|
common
stock
|
Purchase
|
510
|
57.7805 USD
|
common
stock
|
Purchase
|
503
|
57.6953 USD
|
common
stock
|
Purchase
|
500
|
57.2960 USD
|
common
stock
|
Purchase
|
471
|
57.3983 USD
|
common
stock
|
Purchase
|
462
|
57.6312 USD
|
common
stock
|
Purchase
|
422
|
57.7651 USD
|
common
stock
|
Purchase
|
415
|
57.6980 USD
|
common
stock
|
Purchase
|
411
|
57.6635 USD
|
common
stock
|
Purchase
|
400
|
57.3300 USD
|
common
stock
|
Purchase
|
341
|
57.8977 USD
|
common
stock
|
Purchase
|
324
|
57.7047 USD
|
common
stock
|
Purchase
|
301
|
57.3919 USD
|
common
stock
|
Purchase
|
264
|
57.3815 USD
|
common
stock
|
Purchase
|
200
|
57.5000 USD
|
common
stock
|
Purchase
|
129
|
57.3615 USD
|
common
stock
|
Purchase
|
121
|
57.7200 USD
|
common
stock
|
Purchase
|
103
|
57.3338 USD
|
common
stock
|
Purchase
|
100
|
57.6073 USD
|
common
stock
|
Purchase
|
60
|
57.0700 USD
|
common
stock
|
Purchase
|
50
|
57.0300 USD
|
common
stock
|
Purchase
|
48
|
57.0500 USD
|
common
stock
|
Purchase
|
35
|
56.9000 USD
|
common
stock
|
Purchase
|
32
|
57.7400 USD
|
common
stock
|
Purchase
|
30
|
57.5900 USD
|
common
stock
|
Purchase
|
30
|
57.4200 USD
|
common
stock
|
Purchase
|
20
|
57.9000 USD
|
common
stock
|
Purchase
|
19
|
57.6576 USD
|
common
stock
|
Purchase
|
10
|
57.3400 USD
|
common
stock
|
Purchase
|
3
|
56.8400 USD
|
common
stock
|
Sale
|
75,000
|
57.3047 USD
|
common
stock
|
Sale
|
69,499
|
57.8096 USD
|
common
stock
|
Sale
|
34,476
|
57.8400 USD
|
common
stock
|
Sale
|
30,268
|
57.7073 USD
|
common
stock
|
Sale
|
21,661
|
57.7916 USD
|
common
stock
|
Sale
|
16,923
|
57.3842 USD
|
common
stock
|
Sale
|
16,405
|
57.8392 USD
|
common
stock
|
Sale
|
14,458
|
57.4944 USD
|
common
stock
|
Sale
|
8,734
|
57.5834 USD
|
common
stock
|
Sale
|
6,881
|
57.8673 USD
|
common
stock
|
Sale
|
6,842
|
57.5200 USD
|
common
stock
|
Sale
|
6,572
|
57.7463 USD
|
common
stock
|
Sale
|
6,374
|
57.7691 USD
|
common
stock
|
Sale
|
3,955
|
57.6255 USD
|
common
stock
|
Sale
|
3,588
|
57.6311 USD
|
common
stock
|
Sale
|
3,245
|
57.4789 USD
|
common
stock
|
Sale
|
2,896
|
57.8261 USD
|
common
stock
|
Sale
|
2,529
|
57.5814 USD
|
common
stock
|
Sale
|
2,383
|
57.9218 USD
|
common
stock
|
Sale
|
2,341
|
57.7802 USD
|
common
stock
|
Sale
|
2,063
|
57.8385 USD
|
common
stock
|
Sale
|
1,100
|
57.5700 USD
|
common
stock
|
Sale
|
975
|
57.9388 USD
|
common
stock
|
Sale
|
937
|
57.8635 USD
|
common
stock
|
Sale
|
856
|
57.5910 USD
|
common
stock
|
Sale
|
766
|
57.7905 USD
|
common
stock
|
Sale
|
745
|
57.6134 USD
|
common
stock
|
Sale
|
700
|
57.9000 USD
|
common
stock
|
Sale
|
525
|
57.6174 USD
|
common
stock
|
Sale
|
516
|
57.9362 USD
|
common
stock
|
Sale
|
503
|
57.6953 USD
|
common
stock
|
Sale
|
429
|
57.6100 USD
|
common
stock
|
Sale
|
400
|
57.6300 USD
|
common
stock
|
Sale
|
400
|
57.5800 USD
|
common
stock
|
Sale
|
400
|
57.5787 USD
|
common
stock
|
Sale
|
370
|
56.9000 USD
|
common
stock
|
Sale
|
360
|
57.9501 USD
|
common
stock
|
Sale
|
297
|
57.2730 USD
|
common
stock
|
Sale
|
205
|
57.6236 USD
|
common
stock
|
Sale
|
200
|
57.1300 USD
|
common
stock
|
Sale
|
200
|
57.9400 USD
|
common
stock
|
Sale
|
133
|
57.9439 USD
|
common
stock
|
Sale
|
128
|
57.8506 USD
|
common
stock
|
Sale
|
120
|
57.0700 USD
|
common
stock
|
Sale
|
114
|
57.6057 USD
|
common
stock
|
Sale
|
100
|
57.4500 USD
|
common
stock
|
Sale
|
100
|
57.5830 USD
|
common
stock
|
Sale
|
100
|
57.6000 USD
|
common
stock
|
Sale
|
45
|
57.6811 USD
|
common
stock
|
Sale
|
30
|
57.7433 USD
|
common
stock
|
Sale
|
25
|
57.6760 USD
|
common
stock
|
Sale
|
23
|
57.2850 USD
|
common
stock
|
Sale
|
19
|
57.6576 USD
|
common
stock
|
Sale
|
18
|
57.9633 USD
|
common
stock
|
Sale
|
15
|
57.3950 USD
|
common
stock
|
Sale
|
15
|
57.6800 USD
|
common
stock
|
Sale
|
11
|
57.7736 USD
|
common
stock
|
Sale
|
6
|
56.7000 USD
|
common
stock
|
Sale
|
5
|
56.9350 USD
|
common
stock
|
Sale
|
5
|
57.4900 USD
|
common
stock
|
Sale
|
5
|
56.7540 USD
|
common
stock
|
Sale
|
4
|
57.8300 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
|
Decreasing Long
|
406
|
57.8425 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 Nov 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
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