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
|
|
|
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
|
|
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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18
Sep 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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|
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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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831,979
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0.24%
|
483,501
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0.14%
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(2)
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Cash-settled derivatives:
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|
|
|
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and/or controlled:
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368,663
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0.11%
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0
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0.00%
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(3)
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Stock-settled derivatives (including
options)
|
|
|
|
|
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and
agreements to purchase/sell:
|
|
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123,800
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0.04%
|
0
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0.00%
|
|
|
|
|
|
|
|
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TOTAL:
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|
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1,324,442
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0.38%
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483,501
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0.14%
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(b)
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Rights to subscribe for new securities (including directors
and other executive
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|
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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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|
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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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|
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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
|
security
|
|
securities
|
|
common
stock
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Purchase
|
57,387
|
49.6863 USD
|
common
stock
|
Purchase
|
40,125
|
49.8750 USD
|
common
stock
|
Purchase
|
23,048
|
49.8614 USD
|
common
stock
|
Purchase
|
21,732
|
49.5400 USD
|
common
stock
|
Purchase
|
21,696
|
50.2490 USD
|
common
stock
|
Purchase
|
19,162
|
49.7604 USD
|
common
stock
|
Purchase
|
15,398
|
49.8864 USD
|
common
stock
|
Purchase
|
12,016
|
50.2643 USD
|
common
stock
|
Purchase
|
10,547
|
49.8836 USD
|
common
stock
|
Purchase
|
9,278
|
50.0190 USD
|
common
stock
|
Purchase
|
9,206
|
49.5959 USD
|
common
stock
|
Purchase
|
8,716
|
50.2658 USD
|
common
stock
|
Purchase
|
6,152
|
49.8995 USD
|
common
stock
|
Purchase
|
6,075
|
50.2463 USD
|
common
stock
|
Purchase
|
6,074
|
50.2722 USD
|
common
stock
|
Purchase
|
4,734
|
50.0499 USD
|
common
stock
|
Purchase
|
3,948
|
50.2824 USD
|
common
stock
|
Purchase
|
3,450
|
50.2720 USD
|
common
stock
|
Purchase
|
2,680
|
49.8086 USD
|
common
stock
|
Purchase
|
1,964
|
49.5737 USD
|
common
stock
|
Purchase
|
1,764
|
50.2769 USD
|
common
stock
|
Purchase
|
1,625
|
49.5450 USD
|
common
stock
|
Purchase
|
1,421
|
50.2725 USD
|
common
stock
|
Purchase
|
1,219
|
50.2358 USD
|
common
stock
|
Purchase
|
1,168
|
49.8964 USD
|
common
stock
|
Purchase
|
1,023
|
50.3193 USD
|
common
stock
|
Purchase
|
995
|
50.0331 USD
|
common
stock
|
Purchase
|
920
|
49.9876 USD
|
common
stock
|
Purchase
|
825
|
49.8790 USD
|
common
stock
|
Purchase
|
735
|
49.8629 USD
|
common
stock
|
Purchase
|
670
|
49.8303 USD
|
common
stock
|
Purchase
|
573
|
49.7671 USD
|
common
stock
|
Purchase
|
494
|
49.9050 USD
|
common
stock
|
Purchase
|
453
|
49.7642 USD
|
common
stock
|
Purchase
|
400
|
49.6600 USD
|
common
stock
|
Purchase
|
308
|
49.6218 USD
|
common
stock
|
Purchase
|
286
|
49.7447 USD
|
common
stock
|
Purchase
|
257
|
50.3073 USD
|
common
stock
|
Purchase
|
249
|
49.7876 USD
|
common
stock
|
Purchase
|
202
|
49.9888 USD
|
common
stock
|
Purchase
|
158
|
50.2981 USD
|
common
stock
|
Purchase
|
155
|
49.6890 USD
|
common
stock
|
Purchase
|
140
|
50.2650 USD
|
common
stock
|
Purchase
|
112
|
49.7525 USD
|
common
stock
|
Purchase
|
100
|
49.7900 USD
|
common
stock
|
Purchase
|
84
|
49.7616 USD
|
common
stock
|
Purchase
|
79
|
49.9600 USD
|
common
stock
|
Purchase
|
64
|
50.0934 USD
|
common
stock
|
Purchase
|
54
|
49.5970 USD
|
common
stock
|
Purchase
|
47
|
49.7534 USD
|
common
stock
|
Purchase
|
46
|
50.1300 USD
|
common
stock
|
Purchase
|
36
|
49.5583 USD
|
common
stock
|
Purchase
|
31
|
49.8800 USD
|
common
stock
|
Purchase
|
5
|
50.2200 USD
|
common
stock
|
Sale
|
145,427
|
49.7960 USD
|
common
stock
|
Sale
|
66,598
|
50.2617 USD
|
common
stock
|
Sale
|
14,360
|
49.5400 USD
|
common
stock
|
Sale
|
10,046
|
49.9972 USD
|
common
stock
|
Sale
|
10,005
|
49.6580 USD
|
common
stock
|
Sale
|
6,514
|
49.5403 USD
|
common
stock
|
Sale
|
5,588
|
49.9078 USD
|
common
stock
|
Sale
|
4,868
|
50.0800 USD
|
common
stock
|
Sale
|
3,909
|
49.6518 USD
|
common
stock
|
Sale
|
3,862
|
49.8697 USD
|
common
stock
|
Sale
|
3,271
|
49.5524 USD
|
common
stock
|
Sale
|
2,755
|
50.0155 USD
|
common
stock
|
Sale
|
2,502
|
50.1331 USD
|
common
stock
|
Sale
|
2,100
|
49.9376 USD
|
common
stock
|
Sale
|
1,625
|
49.5450 USD
|
common
stock
|
Sale
|
1,567
|
49.6427 USD
|
common
stock
|
Sale
|
1,219
|
50.2358 USD
|
common
stock
|
Sale
|
884
|
49.8671 USD
|
common
stock
|
Sale
|
871
|
50.0223 USD
|
common
stock
|
Sale
|
687
|
50.0426 USD
|
common
stock
|
Sale
|
531
|
50.1398 USD
|
common
stock
|
Sale
|
464
|
49.9111 USD
|
common
stock
|
Sale
|
464
|
49.6853 USD
|
common
stock
|
Sale
|
441
|
49.7467 USD
|
common
stock
|
Sale
|
400
|
49.6600 USD
|
common
stock
|
Sale
|
368
|
49.9260 USD
|
common
stock
|
Sale
|
278
|
50.2756 USD
|
common
stock
|
Sale
|
237
|
49.8882 USD
|
common
stock
|
Sale
|
181
|
49.8833 USD
|
common
stock
|
Sale
|
140
|
50.2650 USD
|
common
stock
|
Sale
|
131
|
49.8100 USD
|
common
stock
|
Sale
|
126
|
49.9361 USD
|
common
stock
|
Sale
|
100
|
49.5500 USD
|
common
stock
|
Sale
|
97
|
49.9554 USD
|
common
stock
|
Sale
|
97
|
49.5300 USD
|
common
stock
|
Sale
|
50
|
49.9900 USD
|
common
stock
|
Sale
|
46
|
50.1300 USD
|
common
stock
|
Sale
|
34
|
49.8900 USD
|
common
stock
|
Sale
|
24
|
49.9745 USD
|
common
stock
|
Sale
|
20
|
50.0325 USD
|
common
stock
|
Sale
|
17
|
49.9300 USD
|
common
stock
|
Sale
|
15
|
49.9566 USD
|
common
stock
|
Sale
|
14
|
50.0200 USD
|
common
stock
|
Sale
|
5
|
49.8000 USD
|
common
stock
|
Sale
|
4
|
49.9400 USD
|
|
|
|
|
|
|
|
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(b)
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Cash-settled derivative transactions
|
|
Class of
|
Product
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Nature of
dealing
|
Number of
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Price per
|
relevant
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
common
stock
|
SWAP
|
Increasing Long
|
597
|
49.5389 USD
|
common
stock
|
SWAP
|
Decreasing Long
|
743
|
49.5425 USD
|
|
|
|
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(c)
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Stock-settled derivative transactions (including
options)
|
|
(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
|
Option
|
of
|
description
|
purchasing,
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of
|
price
|
|
date
|
money
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
security
|
|
varying etc
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to which
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|
|
|
received
|
|
|
|
option
|
|
|
|
per unit
|
|
|
|
relates
|
|
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|
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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
|
Exercise price
per
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
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(d)
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Other dealings (including subscribing for new
securities)
|
|
Class of
relevant
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Nature of
Dealings
|
Details
|
Price per unit
(if
|
security
|
|
|
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,
|
|
|
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
|
|
to
the offer or any person acting in concert with a party to the
offer:
|
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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
|
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|
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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)
|
Attachments
|
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|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
YES
|
Date of disclosure:
|
19 Sep 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
|
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|
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
|
Written
|
123,800
|
45.0000
|
American
|
20 Sep
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:
|
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