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:
|
24
Jul 2024
|
(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:
|
|
|
827,355
|
0.24%
|
408,867
|
0.12%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
76,162
|
0.02%
|
0
|
0.00%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
24,700
|
0.01%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
903,517
|
0.26%
|
433,567
|
0.12%
|
(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 EXEMPT PRINCIPAL
TRADER
|
(a)
|
Purchases and sales
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
security
|
|
securities
|
|
common
stock
|
Purchase
|
361,085
|
46.8091 USD
|
common
stock
|
Purchase
|
296,411
|
46.7801 USD
|
common
stock
|
Purchase
|
234,665
|
46.3210 USD
|
common
stock
|
Purchase
|
214,300
|
46.6974 USD
|
common
stock
|
Purchase
|
134,677
|
46.4210 USD
|
common
stock
|
Purchase
|
129,713
|
47.0322 USD
|
common
stock
|
Purchase
|
95,419
|
46.8970 USD
|
common
stock
|
Purchase
|
95,407
|
46.3616 USD
|
common
stock
|
Purchase
|
95,364
|
46.5177 USD
|
common
stock
|
Purchase
|
60,714
|
46.6307 USD
|
common
stock
|
Purchase
|
38,870
|
46.7655 USD
|
common
stock
|
Purchase
|
32,265
|
46.8086 USD
|
common
stock
|
Purchase
|
25,619
|
46.9955 USD
|
common
stock
|
Purchase
|
23,802
|
46.6056 USD
|
common
stock
|
Purchase
|
21,779
|
46.7165 USD
|
common
stock
|
Purchase
|
19,648
|
46.6937 USD
|
common
stock
|
Purchase
|
19,383
|
46.7102 USD
|
common
stock
|
Purchase
|
16,719
|
46.6933 USD
|
common
stock
|
Purchase
|
14,390
|
46.5928 USD
|
common
stock
|
Purchase
|
12,920
|
46.6439 USD
|
common
stock
|
Purchase
|
10,526
|
46.2784 USD
|
common
stock
|
Purchase
|
10,181
|
46.6870 USD
|
common
stock
|
Purchase
|
9,499
|
46.6936 USD
|
common
stock
|
Purchase
|
6,637
|
46.7091 USD
|
common
stock
|
Purchase
|
6,483
|
46.7459 USD
|
common
stock
|
Purchase
|
5,592
|
46.2800 USD
|
common
stock
|
Purchase
|
5,466
|
46.6293 USD
|
common
stock
|
Purchase
|
4,759
|
46.8373 USD
|
common
stock
|
Purchase
|
4,258
|
47.0537 USD
|
common
stock
|
Purchase
|
3,762
|
46.5092 USD
|
common
stock
|
Purchase
|
3,218
|
46.6453 USD
|
common
stock
|
Purchase
|
3,074
|
46.9114 USD
|
common
stock
|
Purchase
|
3,011
|
46.4734 USD
|
common
stock
|
Purchase
|
2,861
|
47.1583 USD
|
common
stock
|
Purchase
|
2,600
|
46.7657 USD
|
common
stock
|
Purchase
|
2,578
|
46.4285 USD
|
common
stock
|
Purchase
|
2,185
|
46.6129 USD
|
common
stock
|
Purchase
|
2,006
|
46.7394 USD
|
common
stock
|
Purchase
|
1,932
|
46.1629 USD
|
common
stock
|
Purchase
|
1,594
|
46.8129 USD
|
common
stock
|
Purchase
|
1,250
|
46.2799 USD
|
common
stock
|
Purchase
|
1,233
|
46.3547 USD
|
common
stock
|
Purchase
|
907
|
46.2034 USD
|
common
stock
|
Purchase
|
873
|
46.5405 USD
|
common
stock
|
Purchase
|
855
|
46.9635 USD
|
common
stock
|
Purchase
|
799
|
46.6892 USD
|
common
stock
|
Purchase
|
688
|
46.7339 USD
|
common
stock
|
Purchase
|
668
|
46.9386 USD
|
common
stock
|
Purchase
|
585
|
46.5388 USD
|
common
stock
|
Purchase
|
500
|
46.8380 USD
|
common
stock
|
Purchase
|
317
|
46.5488 USD
|
common
stock
|
Purchase
|
300
|
46.8066 USD
|
common
stock
|
Purchase
|
300
|
46.8800 USD
|
common
stock
|
Purchase
|
211
|
41.6959 EUR
|
common
stock
|
Purchase
|
162
|
46.8950 USD
|
common
stock
|
Purchase
|
55
|
41.6363 EUR
|
common
stock
|
Purchase
|
16
|
45.3050 USD
|
common
stock
|
Sale
|
413,454
|
46.7817 USD
|
common
stock
|
Sale
|
221,348
|
46.8276 USD
|
common
stock
|
Sale
|
164,458
|
46.2739 USD
|
common
stock
|
Sale
|
159,952
|
46.8233 USD
|
common
stock
|
Sale
|
138,940
|
46.8227 USD
|
common
stock
|
Sale
|
122,370
|
46.4588 USD
|
common
stock
|
Sale
|
75,954
|
46.3292 USD
|
common
stock
|
Sale
|
73,501
|
46.3204 USD
|
common
stock
|
Sale
|
69,214
|
46.6346 USD
|
common
stock
|
Sale
|
57,088
|
46.7209 USD
|
common
stock
|
Sale
|
47,972
|
46.6267 USD
|
common
stock
|
Sale
|
32,265
|
46.8086 USD
|
common
stock
|
Sale
|
29,160
|
46.7516 USD
|
common
stock
|
Sale
|
27,824
|
46.6777 USD
|
common
stock
|
Sale
|
27,293
|
46.6870 USD
|
common
stock
|
Sale
|
26,784
|
46.6754 USD
|
common
stock
|
Sale
|
24,814
|
46.5147 USD
|
common
stock
|
Sale
|
22,567
|
46.7603 USD
|
common
stock
|
Sale
|
20,411
|
46.6163 USD
|
common
stock
|
Sale
|
19,957
|
46.7440 USD
|
common
stock
|
Sale
|
19,881
|
46.8845 USD
|
common
stock
|
Sale
|
18,868
|
46.4358 USD
|
common
stock
|
Sale
|
16,495
|
46.9097 USD
|
common
stock
|
Sale
|
13,500
|
46.8512 USD
|
common
stock
|
Sale
|
13,428
|
46.2800 USD
|
common
stock
|
Sale
|
13,246
|
46.5439 USD
|
common
stock
|
Sale
|
12,043
|
46.5177 USD
|
common
stock
|
Sale
|
11,945
|
47.0013 USD
|
common
stock
|
Sale
|
11,633
|
46.8012 USD
|
common
stock
|
Sale
|
11,560
|
46.8065 USD
|
common
stock
|
Sale
|
11,046
|
46.7715 USD
|
common
stock
|
Sale
|
10,526
|
46.2784 USD
|
common
stock
|
Sale
|
9,765
|
46.7479 USD
|
common
stock
|
Sale
|
7,298
|
46.7835 USD
|
common
stock
|
Sale
|
6,783
|
46.8098 USD
|
common
stock
|
Sale
|
5,201
|
46.8535 USD
|
common
stock
|
Sale
|
5,005
|
46.9817 USD
|
common
stock
|
Sale
|
4,980
|
46.7929 USD
|
common
stock
|
Sale
|
4,759
|
46.8373 USD
|
common
stock
|
Sale
|
4,300
|
46.8577 USD
|
common
stock
|
Sale
|
4,158
|
46.7505 USD
|
common
stock
|
Sale
|
3,439
|
46.9465 USD
|
common
stock
|
Sale
|
3,218
|
46.6453 USD
|
common
stock
|
Sale
|
3,135
|
46.8458 USD
|
common
stock
|
Sale
|
3,074
|
46.9114 USD
|
common
stock
|
Sale
|
2,720
|
46.7416 USD
|
common
stock
|
Sale
|
2,600
|
46.7657 USD
|
common
stock
|
Sale
|
2,160
|
47.0555 USD
|
common
stock
|
Sale
|
2,143
|
46.5568 USD
|
common
stock
|
Sale
|
2,006
|
46.7394 USD
|
common
stock
|
Sale
|
2,006
|
46.8418 USD
|
common
stock
|
Sale
|
1,800
|
46.9947 USD
|
common
stock
|
Sale
|
1,708
|
46.9457 USD
|
common
stock
|
Sale
|
1,600
|
46.6400 USD
|
common
stock
|
Sale
|
1,469
|
46.5884 USD
|
common
stock
|
Sale
|
1,400
|
46.7414 USD
|
common
stock
|
Sale
|
1,293
|
46.9056 USD
|
common
stock
|
Sale
|
1,194
|
46.8425 USD
|
common
stock
|
Sale
|
1,109
|
46.2168 USD
|
common
stock
|
Sale
|
1,096
|
46.7848 USD
|
common
stock
|
Sale
|
900
|
46.1888 USD
|
common
stock
|
Sale
|
887
|
46.8027 USD
|
common
stock
|
Sale
|
855
|
46.9635 USD
|
common
stock
|
Sale
|
841
|
46.8896 USD
|
common
stock
|
Sale
|
830
|
46.6934 USD
|
common
stock
|
Sale
|
619
|
46.7849 USD
|
common
stock
|
Sale
|
576
|
47.0530 USD
|
common
stock
|
Sale
|
506
|
46.9683 USD
|
common
stock
|
Sale
|
459
|
46.4416 USD
|
common
stock
|
Sale
|
450
|
46.4724 USD
|
common
stock
|
Sale
|
438
|
46.3269 USD
|
common
stock
|
Sale
|
407
|
47.0352 USD
|
common
stock
|
Sale
|
400
|
46.7243 USD
|
common
stock
|
Sale
|
395
|
46.7367 USD
|
common
stock
|
Sale
|
300
|
46.8600 USD
|
common
stock
|
Sale
|
300
|
46.8800 USD
|
common
stock
|
Sale
|
262
|
46.1805 USD
|
common
stock
|
Sale
|
250
|
46.9940 USD
|
common
stock
|
Sale
|
211
|
41.6959 EUR
|
common
stock
|
Sale
|
200
|
46.4550 USD
|
common
stock
|
Sale
|
192
|
47.0122 USD
|
common
stock
|
Sale
|
188
|
46.7595 USD
|
common
stock
|
Sale
|
152
|
47.0507 USD
|
common
stock
|
Sale
|
147
|
47.1700 USD
|
common
stock
|
Sale
|
100
|
46.8700 USD
|
common
stock
|
Sale
|
100
|
46.9600 USD
|
common
stock
|
Sale
|
100
|
45.0200 USD
|
common
stock
|
Sale
|
100
|
46.8300 USD
|
common
stock
|
Sale
|
95
|
46.7645 USD
|
common
stock
|
Sale
|
89
|
46.2400 USD
|
common
stock
|
Sale
|
63
|
46.2200 USD
|
common
stock
|
Sale
|
55
|
41.6363 EUR
|
common
stock
|
Sale
|
40
|
46.7500 USD
|
common
stock
|
Sale
|
21
|
45.4900 USD
|
common
stock
|
Sale
|
19
|
47.0900 USD
|
common
stock
|
Sale
|
14
|
45.2000 USD
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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:
|
25 Jul 2024
|
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 CO
|
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
|
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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|