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 CO
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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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10
Apr 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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730,400
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0.21%
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555,884
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0.16%
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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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215,611
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0.06%
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27,615
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0.01%
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(3)
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Stock-settled derivatives (including
options)
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|
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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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946,011
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0.27%
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583,499
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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
|
security
|
|
securities
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|
common
stock
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Purchase
|
451,770
|
38.1645 USD
|
common
stock
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Purchase
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365,673
|
37.7861 USD
|
common
stock
|
Purchase
|
36,697
|
37.8427 USD
|
common
stock
|
Purchase
|
30,291
|
37.9583 USD
|
common
stock
|
Purchase
|
27,172
|
37.7840 USD
|
common
stock
|
Purchase
|
26,563
|
38.0748 USD
|
common
stock
|
Purchase
|
25,133
|
37.8984 USD
|
common
stock
|
Purchase
|
22,300
|
37.7892 USD
|
common
stock
|
Purchase
|
10,830
|
37.8921 USD
|
common
stock
|
Purchase
|
9,435
|
38.2008 USD
|
common
stock
|
Purchase
|
5,909
|
38.2500 USD
|
common
stock
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Purchase
|
3,419
|
38.2482 USD
|
common
stock
|
Purchase
|
1,997
|
38.1285 USD
|
common
stock
|
Purchase
|
1,842
|
37.7227 USD
|
common
stock
|
Purchase
|
1,718
|
38.0125 USD
|
common
stock
|
Purchase
|
1,622
|
38.0313 USD
|
common
stock
|
Purchase
|
1,351
|
37.8175 USD
|
common
stock
|
Purchase
|
883
|
38.0793 USD
|
common
stock
|
Purchase
|
777
|
37.9273 USD
|
common
stock
|
Purchase
|
509
|
38.0153 USD
|
common
stock
|
Purchase
|
504
|
37.8497 USD
|
common
stock
|
Purchase
|
486
|
37.9808 USD
|
common
stock
|
Purchase
|
470
|
37.7305 USD
|
common
stock
|
Purchase
|
303
|
38.1398 USD
|
common
stock
|
Purchase
|
251
|
38.0178 USD
|
common
stock
|
Purchase
|
150
|
37.8300 USD
|
common
stock
|
Purchase
|
133
|
38.3000 USD
|
common
stock
|
Purchase
|
130
|
37.8615 USD
|
common
stock
|
Purchase
|
112
|
38.0183 USD
|
common
stock
|
Purchase
|
107
|
38.0919 USD
|
common
stock
|
Purchase
|
101
|
37.8009 USD
|
common
stock
|
Purchase
|
100
|
37.7800 USD
|
common
stock
|
Purchase
|
60
|
38.0266 USD
|
common
stock
|
Purchase
|
60
|
37.8750 USD
|
common
stock
|
Purchase
|
40
|
37.8700 USD
|
common
stock
|
Purchase
|
25
|
37.8540 USD
|
common
stock
|
Purchase
|
15
|
37.7833 USD
|
common
stock
|
Purchase
|
15
|
38.1733 USD
|
common
stock
|
Purchase
|
11
|
37.7150 USD
|
common
stock
|
Purchase
|
10
|
37.9950 USD
|
common
stock
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Purchase
|
2
|
37.8600 USD
|
common
stock
|
Sale
|
268,145
|
38.2291 USD
|
common
stock
|
Sale
|
93,821
|
38.1949 USD
|
common
stock
|
Sale
|
50,701
|
37.8696 USD
|
common
stock
|
Sale
|
40,117
|
37.9734 USD
|
common
stock
|
Sale
|
33,093
|
37.8122 USD
|
common
stock
|
Sale
|
30,291
|
37.9583 USD
|
common
stock
|
Sale
|
27,172
|
37.7840 USD
|
common
stock
|
Sale
|
25,162
|
37.8305 USD
|
common
stock
|
Sale
|
20,027
|
37.9885 USD
|
common
stock
|
Sale
|
18,193
|
37.8531 USD
|
common
stock
|
Sale
|
13,129
|
38.1548 USD
|
common
stock
|
Sale
|
8,289
|
37.9553 USD
|
common
stock
|
Sale
|
7,989
|
37.8338 USD
|
common
stock
|
Sale
|
7,855
|
37.8143 USD
|
common
stock
|
Sale
|
7,033
|
38.0366 USD
|
common
stock
|
Sale
|
7,000
|
37.9572 USD
|
common
stock
|
Sale
|
6,934
|
37.9202 USD
|
common
stock
|
Sale
|
5,719
|
38.0377 USD
|
common
stock
|
Sale
|
5,555
|
38.0344 USD
|
common
stock
|
Sale
|
4,427
|
37.8967 USD
|
common
stock
|
Sale
|
4,036
|
38.0605 USD
|
common
stock
|
Sale
|
3,891
|
37.8304 USD
|
common
stock
|
Sale
|
3,426
|
38.2500 USD
|
common
stock
|
Sale
|
3,270
|
38.2417 USD
|
common
stock
|
Sale
|
2,719
|
38.2478 USD
|
common
stock
|
Sale
|
2,399
|
37.8776 USD
|
common
stock
|
Sale
|
2,173
|
37.9458 USD
|
common
stock
|
Sale
|
1,816
|
38.1135 USD
|
common
stock
|
Sale
|
1,756
|
37.9321 USD
|
common
stock
|
Sale
|
1,711
|
37.9446 USD
|
common
stock
|
Sale
|
1,622
|
38.0313 USD
|
common
stock
|
Sale
|
1,400
|
37.9653 USD
|
common
stock
|
Sale
|
1,300
|
38.1479 USD
|
common
stock
|
Sale
|
1,300
|
37.8515 USD
|
common
stock
|
Sale
|
1,294
|
37.8981 USD
|
common
stock
|
Sale
|
1,000
|
37.8360 USD
|
common
stock
|
Sale
|
1,000
|
37.8480 USD
|
common
stock
|
Sale
|
900
|
37.8388 USD
|
common
stock
|
Sale
|
800
|
37.9150 USD
|
common
stock
|
Sale
|
700
|
37.8557 USD
|
common
stock
|
Sale
|
686
|
38.1795 USD
|
common
stock
|
Sale
|
631
|
37.8320 USD
|
common
stock
|
Sale
|
600
|
37.4550 USD
|
common
stock
|
Sale
|
509
|
38.0153 USD
|
common
stock
|
Sale
|
500
|
37.8290 USD
|
common
stock
|
Sale
|
484
|
37.9574 USD
|
common
stock
|
Sale
|
400
|
37.9475 USD
|
common
stock
|
Sale
|
356
|
37.8300 USD
|
common
stock
|
Sale
|
252
|
37.8497 USD
|
common
stock
|
Sale
|
200
|
37.7750 USD
|
common
stock
|
Sale
|
192
|
37.8100 USD
|
common
stock
|
Sale
|
186
|
38.1000 USD
|
common
stock
|
Sale
|
120
|
37.8750 USD
|
common
stock
|
Sale
|
107
|
38.0919 USD
|
common
stock
|
Sale
|
100
|
37.7500 USD
|
common
stock
|
Sale
|
100
|
37.8200 USD
|
common
stock
|
Sale
|
100
|
37.9100 USD
|
common
stock
|
Sale
|
100
|
37.8000 USD
|
common
stock
|
Sale
|
100
|
38.2925 USD
|
common
stock
|
Sale
|
60
|
38.0266 USD
|
common
stock
|
Sale
|
41
|
38.2900 USD
|
common
stock
|
Sale
|
31
|
37.8400 USD
|
common
stock
|
Sale
|
29
|
37.8600 USD
|
common
stock
|
Sale
|
10
|
37.9950 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
|
description
|
|
reference
|
unit
|
security
|
|
|
securities
|
|
common
stock
|
SWAP
|
Increasing Long
|
28,800
|
37.9407 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
|
Writing,
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Number
|
Exercise
|
Type
|
Expiry
|
Option
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
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paid/
|
security
|
|
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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|
|
common
stock
|
Call
Options
|
Selling
|
1,900
|
USD
|
|
|
0.6500 USD
|
common
stock
|
Call
Options
|
Selling
|
500
|
USD
|
|
|
0.7500 USD
|
common
stock
|
Call
Options
|
Selling
|
1,100
|
USD
|
|
|
0.8000 USD
|
common
stock
|
Call
Options
|
Selling
|
1,700
|
USD
|
|
|
0.3500 USD
|
common
stock
|
Call
Options
|
Selling
|
7,800
|
USD
|
|
|
0.4403 USD
|
|
|
|
|
|
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(ii)
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Exercising
|
|
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|
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Class of
relevant
|
Product
description
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Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
security
|
|
|
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
|
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
|
|
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:
|
|
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(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
|
|
|
any
derivative is referenced:
|
|
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|
|
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NONE
|
(c)
|
Attachments
|
|
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|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
11 Apr 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
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