FORM 8.3
|
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
|
A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
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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.
|
(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
relevant securities this form relates:
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INTERNATIONAL PAPER COMPANY
|
(d)
|
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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01
Aug 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?
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YES:
DS SMITH PLC
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2.
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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:
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common stock
|
|
Interests
|
Short
Positions
|
Number
|
(%)
|
Number
|
(%)
|
(1)
Relevant securities owned and/or controlled:
|
823,137
|
0.24%
|
517,110
|
0.15%
|
(2)
Cash-settled derivatives:
|
168,662
|
0.05%
|
0
|
0.00%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
24,700
|
0.01%
|
TOTAL:
|
991,799
|
0.29%
|
541,810
|
0.16%
|
(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
|
131,023
|
46.4800 USD
|
common
stock
|
Purchase
|
78,897
|
46.4947 USD
|
common
stock
|
Purchase
|
57,374
|
46.4759 USD
|
common
stock
|
Purchase
|
45,131
|
46.5507 USD
|
common
stock
|
Purchase
|
12,301
|
46.2897 USD
|
common
stock
|
Purchase
|
11,826
|
46.1971 USD
|
common
stock
|
Purchase
|
7,909
|
46.6158 USD
|
common
stock
|
Purchase
|
6,821
|
46.2535 USD
|
common
stock
|
Purchase
|
6,811
|
46.6300 USD
|
common
stock
|
Purchase
|
6,699
|
46.3468 USD
|
common
stock
|
Purchase
|
6,459
|
46.4668 USD
|
common
stock
|
Purchase
|
3,238
|
46.4595 USD
|
common
stock
|
Purchase
|
1,807
|
46.3281 USD
|
common
stock
|
Purchase
|
1,552
|
46.1429 USD
|
common
stock
|
Purchase
|
1,159
|
46.2865 USD
|
common
stock
|
Purchase
|
744
|
46.6031 USD
|
common
stock
|
Purchase
|
721
|
46.2344 USD
|
common
stock
|
Purchase
|
481
|
46.1024 USD
|
common
stock
|
Purchase
|
422
|
46.3529 USD
|
common
stock
|
Purchase
|
331
|
46.2425 USD
|
common
stock
|
Purchase
|
220
|
46.5345 USD
|
common
stock
|
Purchase
|
203
|
46.3156 USD
|
common
stock
|
Purchase
|
188
|
46.2000 USD
|
common
stock
|
Purchase
|
161
|
46.2838 USD
|
common
stock
|
Purchase
|
132
|
46.2034 USD
|
common
stock
|
Purchase
|
132
|
46.3580 USD
|
common
stock
|
Purchase
|
78
|
46.4600 USD
|
common
stock
|
Purchase
|
50
|
46.5000 USD
|
common
stock
|
Purchase
|
48
|
46.3450 USD
|
common
stock
|
Purchase
|
24
|
46.2617 USD
|
common
stock
|
Purchase
|
20
|
42.6100 EUR
|
common
stock
|
Purchase
|
10
|
46.5200 USD
|
common
stock
|
Purchase
|
5
|
46.3300 USD
|
common
stock
|
Purchase
|
1
|
46.1600 USD
|
common
stock
|
Sale
|
131,023
|
46.4800 USD
|
common
stock
|
Sale
|
73,274
|
46.5422 USD
|
common
stock
|
Sale
|
58,179
|
46.4073 USD
|
common
stock
|
Sale
|
37,630
|
46.5621 USD
|
common
stock
|
Sale
|
14,119
|
46.6300 USD
|
common
stock
|
Sale
|
10,545
|
46.2615 USD
|
common
stock
|
Sale
|
9,637
|
46.2878 USD
|
common
stock
|
Sale
|
8,428
|
46.4660 USD
|
common
stock
|
Sale
|
7,909
|
46.6158 USD
|
common
stock
|
Sale
|
7,586
|
46.4638 USD
|
common
stock
|
Sale
|
5,600
|
46.2723 USD
|
common
stock
|
Sale
|
4,564
|
46.1285 USD
|
common
stock
|
Sale
|
4,145
|
46.0696 USD
|
common
stock
|
Sale
|
3,997
|
46.5143 USD
|
common
stock
|
Sale
|
2,628
|
46.6065 USD
|
common
stock
|
Sale
|
2,519
|
46.2282 USD
|
common
stock
|
Sale
|
2,133
|
46.2739 USD
|
common
stock
|
Sale
|
1,849
|
46.3507 USD
|
common
stock
|
Sale
|
1,142
|
46.6290 USD
|
common
stock
|
Sale
|
1,014
|
46.2478 USD
|
common
stock
|
Sale
|
871
|
46.5057 USD
|
common
stock
|
Sale
|
791
|
46.4839 USD
|
common
stock
|
Sale
|
700
|
46.0714 USD
|
common
stock
|
Sale
|
664
|
46.6239 USD
|
common
stock
|
Sale
|
639
|
46.5066 USD
|
common
stock
|
Sale
|
568
|
46.1300 USD
|
common
stock
|
Sale
|
558
|
46.3996 USD
|
common
stock
|
Sale
|
500
|
46.5250 USD
|
common
stock
|
Sale
|
374
|
46.1458 USD
|
common
stock
|
Sale
|
363
|
46.3479 USD
|
common
stock
|
Sale
|
331
|
46.2425 USD
|
common
stock
|
Sale
|
307
|
46.4747 USD
|
common
stock
|
Sale
|
301
|
46.5564 USD
|
common
stock
|
Sale
|
300
|
46.1533 USD
|
common
stock
|
Sale
|
220
|
46.5345 USD
|
common
stock
|
Sale
|
218
|
46.1394 USD
|
common
stock
|
Sale
|
207
|
46.4406 USD
|
common
stock
|
Sale
|
200
|
46.1350 USD
|
common
stock
|
Sale
|
188
|
46.2000 USD
|
common
stock
|
Sale
|
150
|
46.1900 USD
|
common
stock
|
Sale
|
101
|
46.1600 USD
|
common
stock
|
Sale
|
100
|
46.6000 USD
|
common
stock
|
Sale
|
100
|
46.5800 USD
|
common
stock
|
Sale
|
100
|
46.5100 USD
|
common
stock
|
Sale
|
100
|
46.1275 USD
|
common
stock
|
Sale
|
79
|
46.4329 USD
|
common
stock
|
Sale
|
78
|
46.4048 USD
|
common
stock
|
Sale
|
48
|
46.3450 USD
|
common
stock
|
Sale
|
24
|
46.3500 USD
|
common
stock
|
Sale
|
20
|
42.6100 EUR
|
(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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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?
|
YES
|
Date of disclosure:
|
02 Aug 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
|
|
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|
|
|
|
|
|
|
|
SUPPLEMENTAL FORM 8 (OPEN
POSITIONS)
|
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
are being disclosed:
|
Barclays PLC.
|
Name of offeror/offeree in relation to whose
relevant securities this from relates:
|
INTERNATIONAL PAPER CO
|
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
|
|
|
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:
|
|