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
relevant securities this form relates:
|
INTERNATIONAL PAPER COMPANY
|
(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:
|
28
Jun 2024
|
(f)
|
In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
|
YES:
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:
|
859,499
|
0.25%
|
399,312
|
0.11%
|
(2)
Cash-settled derivatives:
|
71,783
|
0.02%
|
0
|
0.00%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
|
931,282
|
0.27%
|
399,312
|
0.11%
|
(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
|
297,269
|
43.0266 USD
|
common
stock
|
Purchase
|
242,729
|
43.1500 USD
|
common
stock
|
Purchase
|
216,964
|
43.0440 USD
|
common
stock
|
Purchase
|
172,906
|
42.9881 USD
|
common
stock
|
Purchase
|
113,273
|
43.0422 USD
|
common
stock
|
Purchase
|
100,171
|
43.0904 USD
|
common
stock
|
Purchase
|
54,668
|
42.9937 USD
|
common
stock
|
Purchase
|
52,201
|
43.0002 USD
|
common
stock
|
Purchase
|
27,951
|
43.1494 USD
|
common
stock
|
Purchase
|
27,679
|
43.0510 USD
|
common
stock
|
Purchase
|
25,700
|
43.1200 USD
|
common
stock
|
Purchase
|
25,700
|
43.0200 USD
|
common
stock
|
Purchase
|
25,574
|
43.1497 USD
|
common
stock
|
Purchase
|
22,020
|
43.1122 USD
|
common
stock
|
Purchase
|
17,567
|
43.1027 USD
|
common
stock
|
Purchase
|
12,850
|
43.2200 USD
|
common
stock
|
Purchase
|
12,656
|
43.0948 USD
|
common
stock
|
Purchase
|
12,175
|
42.9792 USD
|
common
stock
|
Purchase
|
11,242
|
43.1291 USD
|
common
stock
|
Purchase
|
8,490
|
43.1406 USD
|
common
stock
|
Purchase
|
6,984
|
43.0261 USD
|
common
stock
|
Purchase
|
5,191
|
43.0394 USD
|
common
stock
|
Purchase
|
4,361
|
43.0726 USD
|
common
stock
|
Purchase
|
4,021
|
42.9902 USD
|
common
stock
|
Purchase
|
3,229
|
43.0435 USD
|
common
stock
|
Purchase
|
3,150
|
42.8864 USD
|
common
stock
|
Purchase
|
2,000
|
43.1179 USD
|
common
stock
|
Purchase
|
1,527
|
43.0407 USD
|
common
stock
|
Purchase
|
1,519
|
43.0955 USD
|
common
stock
|
Purchase
|
968
|
42.9479 USD
|
common
stock
|
Purchase
|
882
|
43.0836 USD
|
common
stock
|
Purchase
|
824
|
43.1011 USD
|
common
stock
|
Purchase
|
823
|
43.0521 USD
|
common
stock
|
Purchase
|
760
|
43.1195 USD
|
common
stock
|
Purchase
|
706
|
43.1472 USD
|
common
stock
|
Purchase
|
665
|
42.9492 USD
|
common
stock
|
Purchase
|
662
|
43.2130 USD
|
common
stock
|
Purchase
|
657
|
42.9731 USD
|
common
stock
|
Purchase
|
648
|
43.2173 USD
|
common
stock
|
Purchase
|
618
|
43.0269 USD
|
common
stock
|
Purchase
|
552
|
42.9075 USD
|
common
stock
|
Purchase
|
520
|
42.9050 USD
|
common
stock
|
Purchase
|
390
|
43.1629 USD
|
common
stock
|
Purchase
|
355
|
42.9305 USD
|
common
stock
|
Purchase
|
315
|
42.9100 USD
|
common
stock
|
Purchase
|
221
|
43.0282 USD
|
common
stock
|
Purchase
|
126
|
43.2476 USD
|
common
stock
|
Purchase
|
100
|
43.2100 USD
|
common
stock
|
Purchase
|
100
|
43.1400 USD
|
common
stock
|
Purchase
|
90
|
42.9700 USD
|
common
stock
|
Purchase
|
15
|
42.9500 USD
|
common
stock
|
Purchase
|
10
|
43.0800 USD
|
common
stock
|
Purchase
|
10
|
42.9750 USD
|
common
stock
|
Purchase
|
4
|
42.9550 USD
|
common
stock
|
Purchase
|
1
|
43.1700 USD
|
common
stock
|
Sale
|
415,452
|
43.0218 USD
|
common
stock
|
Sale
|
179,876
|
43.1064 USD
|
common
stock
|
Sale
|
145,388
|
43.1500 USD
|
common
stock
|
Sale
|
95,845
|
43.0599 USD
|
common
stock
|
Sale
|
54,389
|
43.1288 USD
|
common
stock
|
Sale
|
51,148
|
43.1497 USD
|
common
stock
|
Sale
|
50,889
|
43.0661 USD
|
common
stock
|
Sale
|
44,945
|
42.9712 USD
|
common
stock
|
Sale
|
31,664
|
42.9164 USD
|
common
stock
|
Sale
|
30,753
|
42.8836 USD
|
common
stock
|
Sale
|
29,882
|
43.0937 USD
|
common
stock
|
Sale
|
25,820
|
42.9865 USD
|
common
stock
|
Sale
|
25,700
|
43.0200 USD
|
common
stock
|
Sale
|
23,438
|
43.1397 USD
|
common
stock
|
Sale
|
23,133
|
43.0458 USD
|
common
stock
|
Sale
|
22,020
|
43.1122 USD
|
common
stock
|
Sale
|
21,658
|
43.0222 USD
|
common
stock
|
Sale
|
19,013
|
43.0261 USD
|
common
stock
|
Sale
|
15,184
|
42.8785 USD
|
common
stock
|
Sale
|
14,586
|
42.9303 USD
|
common
stock
|
Sale
|
12,850
|
43.2200 USD
|
common
stock
|
Sale
|
9,524
|
42.8607 USD
|
common
stock
|
Sale
|
9,058
|
42.9423 USD
|
common
stock
|
Sale
|
8,548
|
42.9685 USD
|
common
stock
|
Sale
|
8,506
|
42.9797 USD
|
common
stock
|
Sale
|
8,026
|
43.0724 USD
|
common
stock
|
Sale
|
6,884
|
43.0263 USD
|
common
stock
|
Sale
|
5,331
|
43.0075 USD
|
common
stock
|
Sale
|
4,502
|
42.9209 USD
|
common
stock
|
Sale
|
4,400
|
42.8970 USD
|
common
stock
|
Sale
|
4,361
|
43.0726 USD
|
common
stock
|
Sale
|
3,199
|
42.9234 USD
|
common
stock
|
Sale
|
2,900
|
42.9979 USD
|
common
stock
|
Sale
|
2,766
|
43.2121 USD
|
common
stock
|
Sale
|
2,170
|
43.0189 USD
|
common
stock
|
Sale
|
2,030
|
42.9696 USD
|
common
stock
|
Sale
|
1,980
|
43.0380 USD
|
common
stock
|
Sale
|
1,813
|
43.0271 USD
|
common
stock
|
Sale
|
1,800
|
42.9622 USD
|
common
stock
|
Sale
|
1,218
|
43.0496 USD
|
common
stock
|
Sale
|
1,217
|
43.0851 USD
|
common
stock
|
Sale
|
968
|
42.9479 USD
|
common
stock
|
Sale
|
892
|
43.0498 USD
|
common
stock
|
Sale
|
863
|
43.1477 USD
|
common
stock
|
Sale
|
689
|
43.0700 USD
|
common
stock
|
Sale
|
665
|
42.9492 USD
|
common
stock
|
Sale
|
648
|
43.2173 USD
|
common
stock
|
Sale
|
525
|
43.0501 USD
|
common
stock
|
Sale
|
450
|
42.9420 USD
|
common
stock
|
Sale
|
396
|
43.0634 USD
|
common
stock
|
Sale
|
343
|
43.0658 USD
|
common
stock
|
Sale
|
309
|
43.0053 USD
|
common
stock
|
Sale
|
307
|
43.0472 USD
|
common
stock
|
Sale
|
260
|
42.9050 USD
|
common
stock
|
Sale
|
260
|
43.0686 USD
|
common
stock
|
Sale
|
260
|
42.8100 USD
|
common
stock
|
Sale
|
200
|
43.1600 USD
|
common
stock
|
Sale
|
193
|
43.1311 USD
|
common
stock
|
Sale
|
163
|
42.6893 USD
|
common
stock
|
Sale
|
158
|
43.1300 USD
|
common
stock
|
Sale
|
131
|
43.0002 USD
|
common
stock
|
Sale
|
112
|
43.1185 USD
|
common
stock
|
Sale
|
100
|
43.0600 USD
|
common
stock
|
Sale
|
100
|
42.7900 USD
|
common
stock
|
Sale
|
100
|
43.0100 USD
|
common
stock
|
Sale
|
90
|
42.9700 USD
|
common
stock
|
Sale
|
24
|
43.0400 USD
|
common
stock
|
Sale
|
10
|
42.9750 USD
|
common
stock
|
Sale
|
10
|
43.0800 USD
|
common
stock
|
Sale
|
5
|
42.7750 USD
|
common
stock
|
Sale
|
4
|
42.9550 USD
|
common
stock
|
Sale
|
4
|
42.6250 USD
|
(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
|
common
stock
|
Call
Options
|
Selling
|
18,200
|
USD
|
TBD
|
TBD
|
2.2107 USD
|
common
stock
|
Call
Options
|
Selling
|
7,900
|
USD
|
TBD
|
TBD
|
1.3500 USD
|
common
stock
|
Call
Options
|
Selling
|
500
|
USD
|
TBD
|
TBD
|
1.1500 USD
|
common
stock
|
Call
Options
|
Selling
|
4,100
|
USD
|
TBD
|
TBD
|
0.8524 USD
|
|
|
|
|
|
|
|
|
(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?
|
NO
|
Date of disclosure:
|
01 Jul 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|