FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
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A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
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MORE
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Rule 8.3 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
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positions disclosed, if different from 1(a):
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(c)
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Name of offeror/offeree in relation to whose
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INTERNATIONAL PAPER COMPANY
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relevant securities this form relates:
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(d)
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If
an exempt fund manager connected with an
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offeror/offeree, state this and specify identity
of
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offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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25
Nov 2024
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(f)
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In
addition to the company in 1(c) above, is the discloser
making
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YES:
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disclosures in respect of any other party to the
offer?
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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
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to
which the disclosure relates following the dealing(if
any)
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Class of relevant security:
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common stock
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
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Relevant securities owned
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and/or controlled:
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881,201
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0.25%
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579,482
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0.17%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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348,417
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0.10%
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13,660
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0.00%
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(3)
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Stock-settled derivatives (including
options)
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|
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and
agreements to purchase/sell:
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0
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0.00%
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0
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0.00%
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|
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TOTAL:
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1,229,618
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0.35%
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593,142
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0.17%
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(b)
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Rights to subscribe for new securities (including directors
and other executive
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options)
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Class of relevant security in relation to
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which subscription right exists
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Details, including nature of the rights
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concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
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(a)
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Purchases and sales
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Class of
relevant
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Purchase/sale
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Number of
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Price per
unit
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security
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securities
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common
stock
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Purchase
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180,179
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59.5746 USD
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common
stock
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Purchase
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34,270
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59.6643 USD
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common
stock
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Purchase
|
32,534
|
59.7054 USD
|
common
stock
|
Purchase
|
31,362
|
59.6021 USD
|
common
stock
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Purchase
|
22,432
|
59.6008 USD
|
common
stock
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Purchase
|
19,984
|
59.5700 USD
|
common
stock
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Purchase
|
16,784
|
59.6440 USD
|
common
stock
|
Purchase
|
9,467
|
59.4767 USD
|
common
stock
|
Purchase
|
8,829
|
59.5706 USD
|
common
stock
|
Purchase
|
7,652
|
59.4989 USD
|
common
stock
|
Purchase
|
6,622
|
59.5940 USD
|
common
stock
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Purchase
|
3,000
|
59.4322 USD
|
common
stock
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Purchase
|
2,438
|
59.5298 USD
|
common
stock
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Purchase
|
1,967
|
59.4848 USD
|
common
stock
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Purchase
|
1,106
|
59.3711 USD
|
common
stock
|
Purchase
|
993
|
59.6518 USD
|
common
stock
|
Purchase
|
460
|
59.4171 USD
|
common
stock
|
Purchase
|
422
|
59.9818 USD
|
common
stock
|
Purchase
|
334
|
59.6533 USD
|
common
stock
|
Purchase
|
286
|
59.5595 USD
|
common
stock
|
Purchase
|
276
|
59.4920 USD
|
common
stock
|
Purchase
|
264
|
59.5842 USD
|
common
stock
|
Purchase
|
201
|
59.5297 USD
|
common
stock
|
Purchase
|
164
|
59.6024 USD
|
common
stock
|
Purchase
|
145
|
59.6588 USD
|
common
stock
|
Purchase
|
102
|
59.5400 USD
|
common
stock
|
Purchase
|
88
|
56.7550 EUR
|
common
stock
|
Purchase
|
79
|
59.6000 USD
|
common
stock
|
Purchase
|
52
|
59.5623 USD
|
common
stock
|
Purchase
|
49
|
59.9165 USD
|
common
stock
|
Purchase
|
40
|
59.6102 USD
|
common
stock
|
Purchase
|
34
|
59.6550 USD
|
common
stock
|
Purchase
|
24
|
59.5800 USD
|
common
stock
|
Purchase
|
20
|
59.4375 USD
|
common
stock
|
Purchase
|
12
|
59.6700 USD
|
common
stock
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Purchase
|
9
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60.1800 USD
|
common
stock
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Purchase
|
8
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59.6256 USD
|
common
stock
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Purchase
|
5
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57.1400 EUR
|
common
stock
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Purchase
|
4
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59.5900 USD
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common
stock
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Purchase
|
2
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59.7800 USD
|
common
stock
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Sale
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173,542
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59.5708 USD
|
common
stock
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Sale
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56,435
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59.5706 USD
|
common
stock
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Sale
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32,327
|
59.6509 USD
|
common
stock
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Sale
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21,351
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59.6284 USD
|
common
stock
|
Sale
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19,867
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59.5700 USD
|
common
stock
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Sale
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13,916
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59.6966 USD
|
common
stock
|
Sale
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7,599
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59.5707 USD
|
common
stock
|
Sale
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6,855
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59.6038 USD
|
common
stock
|
Sale
|
6,098
|
59.8524 USD
|
common
stock
|
Sale
|
6,071
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59.5922 USD
|
common
stock
|
Sale
|
4,711
|
59.6123 USD
|
common
stock
|
Sale
|
4,303
|
59.6121 USD
|
common
stock
|
Sale
|
3,290
|
59.5429 USD
|
common
stock
|
Sale
|
2,545
|
59.6468 USD
|
common
stock
|
Sale
|
2,200
|
59.7257 USD
|
common
stock
|
Sale
|
1,748
|
59.6078 USD
|
common
stock
|
Sale
|
1,598
|
59.5025 USD
|
common
stock
|
Sale
|
1,547
|
59.6202 USD
|
common
stock
|
Sale
|
873
|
59.6220 USD
|
common
stock
|
Sale
|
813
|
59.6857 USD
|
common
stock
|
Sale
|
667
|
59.4814 USD
|
common
stock
|
Sale
|
600
|
59.7116 USD
|
common
stock
|
Sale
|
549
|
59.4525 USD
|
common
stock
|
Sale
|
479
|
59.6000 USD
|
common
stock
|
Sale
|
442
|
60.0155 USD
|
common
stock
|
Sale
|
440
|
59.3973 USD
|
common
stock
|
Sale
|
413
|
59.7022 USD
|
common
stock
|
Sale
|
376
|
59.5172 USD
|
common
stock
|
Sale
|
322
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59.9700 USD
|
common
stock
|
Sale
|
322
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59.6662 USD
|
common
stock
|
Sale
|
300
|
59.7500 USD
|
common
stock
|
Sale
|
275
|
60.1046 USD
|
common
stock
|
Sale
|
201
|
59.5297 USD
|
common
stock
|
Sale
|
200
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59.5450 USD
|
common
stock
|
Sale
|
200
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59.6500 USD
|
common
stock
|
Sale
|
200
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59.5350 USD
|
common
stock
|
Sale
|
199
|
59.6824 USD
|
common
stock
|
Sale
|
163
|
59.5520 USD
|
common
stock
|
Sale
|
110
|
59.5881 USD
|
common
stock
|
Sale
|
105
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59.3519 USD
|
common
stock
|
Sale
|
100
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59.5500 USD
|
common
stock
|
Sale
|
100
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59.5900 USD
|
common
stock
|
Sale
|
100
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59.4850 USD
|
common
stock
|
Sale
|
100
|
60.0200 USD
|
common
stock
|
Sale
|
88
|
56.7550 EUR
|
common
stock
|
Sale
|
86
|
59.5989 USD
|
common
stock
|
Sale
|
59
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59.5400 USD
|
common
stock
|
Sale
|
20
|
59.8525 USD
|
common
stock
|
Sale
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13
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59.7346 USD
|
common
stock
|
Sale
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5
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57.1400 EUR
|
common
stock
|
Sale
|
2
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59.7800 USD
|
|
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(b)
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Cash-settled derivative transactions
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Class of
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Product
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Nature of
dealing
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Number of
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Price per
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relevant
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description
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reference
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unit
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security
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securities
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common
stock
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SWAP
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Decreasing Long
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116
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59.5710 USD
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
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Class
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Product
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Writing,
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Number
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
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paid/
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security
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varying etc
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to which
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received
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option
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per unit
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relates
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(ii)
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Exercising
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Class of
relevant
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Product
description
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Exercising/ exercised
against
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Number of
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Exercise price
per
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security
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securities
|
unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of
relevant
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Nature of
Dealings
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Details
|
Price per unit
(if
|
security
|
|
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applicable)
|
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4.
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OTHER
INFORMATION
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(a)
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Indemnity and other dealings arrangements
|
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Details of any indemnity or option arrangement, or any
agreement or understanding,
|
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formal or informal, relating to relevant securities which may
be an inducement to deal
|
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
|
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to
the offer or any person acting in concert with a party to the
offer:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
|
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Details of any agreement, arrangement or understanding, formal
or informal, between
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the
person making the disclosure and any other person relating
to:
|
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(i) the voting rights of any relevant securities under
any option; or
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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
|
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any
derivative is referenced:
|
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NONE
|
(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
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Date of disclosure:
|
26 Nov 2024
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Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
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