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:
|
13
Jun 2024
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(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:
|
851,401
|
0.25%
|
320,348
|
0.09%
|
(2)
Cash-settled derivatives:
|
93,360
|
0.03%
|
46,190
|
0.01%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
|
944,761
|
0.27%
|
366,538
|
0.11%
|
(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
|
213,767
|
45.4390 USD
|
common
stock
|
Purchase
|
51,631
|
45.3188 USD
|
common
stock
|
Purchase
|
43,439
|
45.5978 USD
|
common
stock
|
Purchase
|
24,370
|
45.5676 USD
|
common
stock
|
Purchase
|
16,288
|
45.2264 USD
|
common
stock
|
Purchase
|
16,142
|
45.4525 USD
|
common
stock
|
Purchase
|
15,109
|
45.2895 USD
|
common
stock
|
Purchase
|
15,061
|
45.3500 USD
|
common
stock
|
Purchase
|
12,432
|
45.3498 USD
|
common
stock
|
Purchase
|
8,570
|
45.3882 USD
|
common
stock
|
Purchase
|
8,376
|
45.3894 USD
|
common
stock
|
Purchase
|
4,736
|
45.3685 USD
|
common
stock
|
Purchase
|
3,818
|
45.3525 USD
|
common
stock
|
Purchase
|
2,063
|
45.3707 USD
|
common
stock
|
Purchase
|
1,925
|
45.2346 USD
|
common
stock
|
Purchase
|
1,300
|
45.1269 USD
|
common
stock
|
Purchase
|
1,234
|
45.5020 USD
|
common
stock
|
Purchase
|
606
|
45.1186 USD
|
common
stock
|
Purchase
|
600
|
45.6016 USD
|
common
stock
|
Purchase
|
600
|
45.4550 USD
|
common
stock
|
Purchase
|
509
|
45.1359 USD
|
common
stock
|
Purchase
|
338
|
45.2900 USD
|
common
stock
|
Purchase
|
300
|
45.3566 USD
|
common
stock
|
Purchase
|
230
|
45.5742 USD
|
common
stock
|
Purchase
|
200
|
45.4900 USD
|
common
stock
|
Purchase
|
159
|
45.4025 USD
|
common
stock
|
Purchase
|
117
|
45.5633 USD
|
common
stock
|
Purchase
|
115
|
41.8800 EUR
|
common
stock
|
Purchase
|
102
|
45.3598 USD
|
common
stock
|
Purchase
|
100
|
45.1800 USD
|
common
stock
|
Purchase
|
100
|
45.8800 USD
|
common
stock
|
Purchase
|
88
|
45.3475 USD
|
common
stock
|
Purchase
|
77
|
45.5093 USD
|
common
stock
|
Purchase
|
77
|
45.3950 USD
|
common
stock
|
Purchase
|
69
|
45.4400 USD
|
common
stock
|
Purchase
|
68
|
45.4479 USD
|
common
stock
|
Purchase
|
63
|
45.5257 USD
|
common
stock
|
Purchase
|
50
|
45.4300 USD
|
common
stock
|
Purchase
|
40
|
45.5350 USD
|
common
stock
|
Purchase
|
40
|
45.5300 USD
|
common
stock
|
Purchase
|
25
|
45.3944 USD
|
common
stock
|
Purchase
|
20
|
45.5400 USD
|
common
stock
|
Purchase
|
12
|
45.3700 USD
|
common
stock
|
Sale
|
96,194
|
45.4010 USD
|
common
stock
|
Sale
|
66,232
|
45.4664 USD
|
common
stock
|
Sale
|
59,830
|
45.6082 USD
|
common
stock
|
Sale
|
53,173
|
45.3212 USD
|
common
stock
|
Sale
|
29,414
|
45.3500 USD
|
common
stock
|
Sale
|
23,720
|
45.3498 USD
|
common
stock
|
Sale
|
20,357
|
45.4494 USD
|
common
stock
|
Sale
|
14,672
|
45.3607 USD
|
common
stock
|
Sale
|
13,094
|
45.4903 USD
|
common
stock
|
Sale
|
12,874
|
45.3124 USD
|
common
stock
|
Sale
|
9,321
|
45.5009 USD
|
common
stock
|
Sale
|
6,830
|
45.4909 USD
|
common
stock
|
Sale
|
6,090
|
45.4393 USD
|
common
stock
|
Sale
|
5,726
|
45.3860 USD
|
common
stock
|
Sale
|
4,736
|
45.3685 USD
|
common
stock
|
Sale
|
3,739
|
45.4779 USD
|
common
stock
|
Sale
|
3,619
|
45.2301 USD
|
common
stock
|
Sale
|
3,000
|
45.6760 USD
|
common
stock
|
Sale
|
1,925
|
45.2346 USD
|
common
stock
|
Sale
|
1,916
|
45.5548 USD
|
common
stock
|
Sale
|
1,913
|
45.3715 USD
|
common
stock
|
Sale
|
1,858
|
45.3946 USD
|
common
stock
|
Sale
|
652
|
45.2104 USD
|
common
stock
|
Sale
|
645
|
45.5331 USD
|
common
stock
|
Sale
|
434
|
45.1508 USD
|
common
stock
|
Sale
|
300
|
45.6633 USD
|
common
stock
|
Sale
|
246
|
45.3317 USD
|
common
stock
|
Sale
|
246
|
45.6243 USD
|
common
stock
|
Sale
|
230
|
45.5742 USD
|
common
stock
|
Sale
|
208
|
45.3189 USD
|
common
stock
|
Sale
|
200
|
45.1850 USD
|
common
stock
|
Sale
|
169
|
45.2900 USD
|
common
stock
|
Sale
|
157
|
45.2700 USD
|
common
stock
|
Sale
|
157
|
45.3000 USD
|
common
stock
|
Sale
|
150
|
45.3600 USD
|
common
stock
|
Sale
|
135
|
45.6000 USD
|
common
stock
|
Sale
|
115
|
45.4795 USD
|
common
stock
|
Sale
|
115
|
41.8800 EUR
|
common
stock
|
Sale
|
100
|
45.2800 USD
|
common
stock
|
Sale
|
100
|
45.8800 USD
|
common
stock
|
Sale
|
90
|
45.1400 USD
|
common
stock
|
Sale
|
88
|
45.3475 USD
|
common
stock
|
Sale
|
68
|
45.4479 USD
|
common
stock
|
Sale
|
50
|
45.4300 USD
|
common
stock
|
Sale
|
25
|
45.3944 USD
|
common
stock
|
Sale
|
15
|
45.4400 USD
|
common
stock
|
Sale
|
12
|
45.3700 USD
|
common
stock
|
Sale
|
12
|
45.2925 USD
|
common
stock
|
Sale
|
5
|
45.5300 USD
|
common
stock
|
Sale
|
1
|
44.8750 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
|
2,500
|
45.0000 USD
|
TBD
|
21 Jun
2024
|
0.9900 USD
|
common
stock
|
Put
Options
|
Purchasing
|
3,800
|
44.0000 USD
|
American
|
21 Jun
2024
|
0.6263 USD
|
common
stock
|
Call
Options
|
Selling
|
4,800
|
50.0000 USD
|
TBD
|
19 Jul
2024
|
1.3906 USD
|
common
stock
|
Call
Options
|
Selling
|
11,300
|
47.5000 USD
|
TBD
|
19 Jul
2024
|
0.6783 USD
|
common
stock
|
Call
Options
|
Selling
|
5,100
|
45.0000 USD
|
TBD
|
19 Jul
2024
|
2.5000 USD
|
common
stock
|
Call
Options
|
Selling
|
18,800
|
45.0000 USD
|
TBD
|
19 Jul
2024
|
1.6707 USD
|
common
stock
|
Call
Options
|
Selling
|
100,000
|
50.0000 USD
|
TBD
|
19 Jul
2024
|
0.7000 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:
|
14 Jun 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|