|
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:
|
28
Jan 2025
|
|
(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:
|
|
|
831,998
|
0.24%
|
630,940
|
0.18%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
524,429
|
0.15%
|
20,310
|
0.01%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
31,000
|
0.01%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
1,387,427
|
0.40%
|
651,250
|
0.19%
|
|
(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:
|
|
|
|
|
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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
|
682,088
|
58.6279 USD
|
|
common
stock
|
Purchase
|
323,364
|
58.5636 USD
|
|
common
stock
|
Purchase
|
320,344
|
58.5247 USD
|
|
common
stock
|
Purchase
|
140,339
|
58.8714 USD
|
|
common
stock
|
Purchase
|
108,502
|
58.8849 USD
|
|
common
stock
|
Purchase
|
104,931
|
58.6513 USD
|
|
common
stock
|
Purchase
|
68,381
|
58.5945 USD
|
|
common
stock
|
Purchase
|
66,285
|
58.6934 USD
|
|
common
stock
|
Purchase
|
31,918
|
58.7209 USD
|
|
common
stock
|
Purchase
|
30,262
|
58.4478 USD
|
|
common
stock
|
Purchase
|
27,945
|
59.1200 USD
|
|
common
stock
|
Purchase
|
24,081
|
58.6839 USD
|
|
common
stock
|
Purchase
|
19,091
|
58.6044 USD
|
|
common
stock
|
Purchase
|
18,681
|
58.9198 USD
|
|
common
stock
|
Purchase
|
17,006
|
58.9213 USD
|
|
common
stock
|
Purchase
|
12,800
|
59.0319 USD
|
|
common
stock
|
Purchase
|
12,486
|
58.5025 USD
|
|
common
stock
|
Purchase
|
10,762
|
59.0260 USD
|
|
common
stock
|
Purchase
|
10,000
|
58.6875 USD
|
|
common
stock
|
Purchase
|
6,513
|
58.5810 USD
|
|
common
stock
|
Purchase
|
4,506
|
58.9251 USD
|
|
common
stock
|
Purchase
|
4,448
|
58.6151 USD
|
|
common
stock
|
Purchase
|
2,701
|
59.0268 USD
|
|
common
stock
|
Purchase
|
2,104
|
58.7523 USD
|
|
common
stock
|
Purchase
|
1,829
|
58.6118 USD
|
|
common
stock
|
Purchase
|
1,322
|
58.7372 USD
|
|
common
stock
|
Purchase
|
1,000
|
58.2883 USD
|
|
common
stock
|
Purchase
|
779
|
58.7497 USD
|
|
common
stock
|
Purchase
|
666
|
58.6990 USD
|
|
common
stock
|
Purchase
|
642
|
59.1000 USD
|
|
common
stock
|
Purchase
|
586
|
58.7263 USD
|
|
common
stock
|
Purchase
|
502
|
58.4818 USD
|
|
common
stock
|
Purchase
|
405
|
58.6888 USD
|
|
common
stock
|
Purchase
|
394
|
58.7233 USD
|
|
common
stock
|
Purchase
|
388
|
58.7826 USD
|
|
common
stock
|
Purchase
|
382
|
58.7810 USD
|
|
common
stock
|
Purchase
|
354
|
58.8859 USD
|
|
common
stock
|
Purchase
|
306
|
58.5568 USD
|
|
common
stock
|
Purchase
|
300
|
59.0183 USD
|
|
common
stock
|
Purchase
|
252
|
56.0171 EUR
|
|
common
stock
|
Purchase
|
251
|
58.6633 USD
|
|
common
stock
|
Purchase
|
152
|
58.6490 USD
|
|
common
stock
|
Purchase
|
150
|
58.8380 USD
|
|
common
stock
|
Purchase
|
100
|
58.4700 USD
|
|
common
stock
|
Purchase
|
100
|
58.4300 USD
|
|
common
stock
|
Purchase
|
100
|
58.3875 USD
|
|
common
stock
|
Purchase
|
24
|
58.5650 USD
|
|
common
stock
|
Purchase
|
17
|
58.4602 USD
|
|
common
stock
|
Sale
|
1,198,608
|
58.5929 USD
|
|
common
stock
|
Sale
|
258,156
|
58.7814 USD
|
|
common
stock
|
Sale
|
161,682
|
58.5636 USD
|
|
common
stock
|
Sale
|
101,030
|
58.5879 USD
|
|
common
stock
|
Sale
|
38,869
|
59.1072 USD
|
|
common
stock
|
Sale
|
34,524
|
58.5388 USD
|
|
common
stock
|
Sale
|
33,428
|
58.6249 USD
|
|
common
stock
|
Sale
|
33,143
|
58.5678 USD
|
|
common
stock
|
Sale
|
27,734
|
59.1167 USD
|
|
common
stock
|
Sale
|
26,933
|
58.9700 USD
|
|
common
stock
|
Sale
|
16,891
|
58.6050 USD
|
|
common
stock
|
Sale
|
15,900
|
59.0491 USD
|
|
common
stock
|
Sale
|
15,467
|
59.1200 USD
|
|
common
stock
|
Sale
|
14,736
|
58.6999 USD
|
|
common
stock
|
Sale
|
11,853
|
58.5509 USD
|
|
common
stock
|
Sale
|
10,166
|
59.0822 USD
|
|
common
stock
|
Sale
|
9,690
|
59.0615 USD
|
|
common
stock
|
Sale
|
6,748
|
58.4551 USD
|
|
common
stock
|
Sale
|
4,600
|
58.5933 USD
|
|
common
stock
|
Sale
|
4,216
|
58.7503 USD
|
|
common
stock
|
Sale
|
3,949
|
58.6717 USD
|
|
common
stock
|
Sale
|
3,563
|
58.4392 USD
|
|
common
stock
|
Sale
|
2,782
|
59.1026 USD
|
|
common
stock
|
Sale
|
2,772
|
58.6516 USD
|
|
common
stock
|
Sale
|
2,512
|
58.4945 USD
|
|
common
stock
|
Sale
|
2,200
|
58.6000 USD
|
|
common
stock
|
Sale
|
2,176
|
59.0272 USD
|
|
common
stock
|
Sale
|
2,172
|
59.0259 USD
|
|
common
stock
|
Sale
|
2,070
|
58.9833 USD
|
|
common
stock
|
Sale
|
1,290
|
59.0207 USD
|
|
common
stock
|
Sale
|
1,020
|
58.8126 USD
|
|
common
stock
|
Sale
|
1,019
|
58.8251 USD
|
|
common
stock
|
Sale
|
1,000
|
58.2883 USD
|
|
common
stock
|
Sale
|
978
|
58.9460 USD
|
|
common
stock
|
Sale
|
761
|
58.8971 USD
|
|
common
stock
|
Sale
|
722
|
58.4424 USD
|
|
common
stock
|
Sale
|
688
|
59.0906 USD
|
|
common
stock
|
Sale
|
603
|
58.7862 USD
|
|
common
stock
|
Sale
|
586
|
58.9424 USD
|
|
common
stock
|
Sale
|
571
|
58.7477 USD
|
|
common
stock
|
Sale
|
456
|
59.0466 USD
|
|
common
stock
|
Sale
|
425
|
58.7191 USD
|
|
common
stock
|
Sale
|
405
|
58.9033 USD
|
|
common
stock
|
Sale
|
400
|
58.5750 USD
|
|
common
stock
|
Sale
|
400
|
58.5375 USD
|
|
common
stock
|
Sale
|
327
|
58.9947 USD
|
|
common
stock
|
Sale
|
324
|
58.8303 USD
|
|
common
stock
|
Sale
|
302
|
58.4825 USD
|
|
common
stock
|
Sale
|
300
|
58.7625 USD
|
|
common
stock
|
Sale
|
300
|
58.5633 USD
|
|
common
stock
|
Sale
|
300
|
58.8266 USD
|
|
common
stock
|
Sale
|
300
|
59.0570 USD
|
|
common
stock
|
Sale
|
279
|
58.8935 USD
|
|
common
stock
|
Sale
|
252
|
56.0171 EUR
|
|
common
stock
|
Sale
|
217
|
59.0618 USD
|
|
common
stock
|
Sale
|
200
|
58.8900 USD
|
|
common
stock
|
Sale
|
149
|
59.0361 USD
|
|
common
stock
|
Sale
|
103
|
59.1134 USD
|
|
common
stock
|
Sale
|
100
|
58.3875 USD
|
|
common
stock
|
Sale
|
100
|
59.0050 USD
|
|
common
stock
|
Sale
|
100
|
58.8400 USD
|
|
common
stock
|
Sale
|
100
|
59.0000 USD
|
|
common
stock
|
Sale
|
100
|
59.1100 USD
|
|
common
stock
|
Sale
|
90
|
58.5958 USD
|
|
common
stock
|
Sale
|
82
|
58.8800 USD
|
|
common
stock
|
Sale
|
30
|
58.4800 USD
|
|
common
stock
|
Sale
|
23
|
58.5234 USD
|
|
common
stock
|
Sale
|
23
|
58.4336 USD
|
|
common
stock
|
Sale
|
18
|
58.6436 USD
|
|
common
stock
|
Sale
|
17
|
58.4602 USD
|
|
common
stock
|
Sale
|
17
|
58.4665 USD
|
|
common
stock
|
Sale
|
15
|
58.5520 USD
|
|
common
stock
|
Sale
|
11
|
58.5854 USD
|
|
common
stock
|
Sale
|
10
|
59.1000 USD
|
|
common
stock
|
Sale
|
5
|
58.4900 USD
|
|
common
stock
|
Sale
|
4
|
58.9300 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
|
3,474
|
59.1174 USD
|
|
common
stock
|
SWAP
|
Increasing Long
|
3,000
|
58.8329 USD
|
|
common
stock
|
SWAP
|
Increasing Long
|
1,285
|
58.9487 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?
|
YES
|
|
Date of disclosure:
|
29 Jan 2025
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 COMPANY
|
|
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
|
Call
Options
|
Purchased
|
31,000
|
63.0000
|
American
|
31 Jan
2025
|
|
|
|
|
|
|
|
|
|
|
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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|
