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:
|
20
Nov 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:
|
845,240
|
0.24%
|
580,881
|
0.16%
|
(2)
Cash-settled derivatives:
|
344,936
|
0.09%
|
13,660
|
0.00%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
|
1,190,176
|
0.33%
|
594,541
|
0.16%
|
(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
|
306,511
|
58.9879 USD
|
common
stock
|
Purchase
|
120,064
|
58.8027 USD
|
common
stock
|
Purchase
|
44,039
|
58.8400 USD
|
common
stock
|
Purchase
|
42,974
|
59.3316 USD
|
common
stock
|
Purchase
|
32,272
|
58.9636 USD
|
common
stock
|
Purchase
|
25,459
|
58.8956 USD
|
common
stock
|
Purchase
|
19,461
|
59.6663 USD
|
common
stock
|
Purchase
|
15,296
|
58.6240 USD
|
common
stock
|
Purchase
|
12,297
|
59.1179 USD
|
common
stock
|
Purchase
|
8,386
|
59.3099 USD
|
common
stock
|
Purchase
|
8,026
|
57.5900 USD
|
common
stock
|
Purchase
|
7,597
|
59.4354 USD
|
common
stock
|
Purchase
|
7,540
|
57.3827 USD
|
common
stock
|
Purchase
|
7,480
|
59.6350 USD
|
common
stock
|
Purchase
|
7,246
|
59.2305 USD
|
common
stock
|
Purchase
|
6,597
|
58.9312 USD
|
common
stock
|
Purchase
|
5,380
|
58.7206 USD
|
common
stock
|
Purchase
|
4,990
|
59.5639 USD
|
common
stock
|
Purchase
|
4,308
|
59.0256 USD
|
common
stock
|
Purchase
|
3,455
|
58.9741 USD
|
common
stock
|
Purchase
|
3,081
|
59.1538 USD
|
common
stock
|
Purchase
|
2,875
|
59.1907 USD
|
common
stock
|
Purchase
|
2,554
|
59.1818 USD
|
common
stock
|
Purchase
|
2,454
|
58.7921 USD
|
common
stock
|
Purchase
|
2,040
|
59.2783 USD
|
common
stock
|
Purchase
|
2,036
|
58.6774 USD
|
common
stock
|
Purchase
|
1,942
|
59.0057 USD
|
common
stock
|
Purchase
|
1,575
|
59.4966 USD
|
common
stock
|
Purchase
|
1,316
|
58.6467 USD
|
common
stock
|
Purchase
|
1,109
|
59.3747 USD
|
common
stock
|
Purchase
|
882
|
58.6324 USD
|
common
stock
|
Purchase
|
831
|
58.6783 USD
|
common
stock
|
Purchase
|
800
|
59.1081 USD
|
common
stock
|
Purchase
|
763
|
59.6988 USD
|
common
stock
|
Purchase
|
595
|
58.8477 USD
|
common
stock
|
Purchase
|
575
|
59.6830 USD
|
common
stock
|
Purchase
|
556
|
59.2478 USD
|
common
stock
|
Purchase
|
513
|
59.2964 USD
|
common
stock
|
Purchase
|
500
|
59.4534 USD
|
common
stock
|
Purchase
|
463
|
58.9277 USD
|
common
stock
|
Purchase
|
306
|
59.2785 USD
|
common
stock
|
Purchase
|
301
|
59.6392 USD
|
common
stock
|
Purchase
|
300
|
59.5500 USD
|
common
stock
|
Purchase
|
276
|
58.6966 USD
|
common
stock
|
Purchase
|
183
|
54.5000 EUR
|
common
stock
|
Purchase
|
150
|
58.8668 USD
|
common
stock
|
Purchase
|
120
|
58.8750 USD
|
common
stock
|
Purchase
|
109
|
59.6546 USD
|
common
stock
|
Purchase
|
100
|
58.8700 USD
|
common
stock
|
Purchase
|
100
|
58.7700 USD
|
common
stock
|
Sale
|
115,708
|
58.8818 USD
|
common
stock
|
Sale
|
114,219
|
59.1091 USD
|
common
stock
|
Sale
|
101,222
|
58.8235 USD
|
common
stock
|
Sale
|
71,951
|
59.1968 USD
|
common
stock
|
Sale
|
56,139
|
59.4869 USD
|
common
stock
|
Sale
|
55,040
|
58.8400 USD
|
common
stock
|
Sale
|
45,815
|
58.9338 USD
|
common
stock
|
Sale
|
35,925
|
58.6611 USD
|
common
stock
|
Sale
|
26,587
|
59.2195 USD
|
common
stock
|
Sale
|
22,738
|
59.0674 USD
|
common
stock
|
Sale
|
21,373
|
59.0161 USD
|
common
stock
|
Sale
|
8,045
|
57.5900 USD
|
common
stock
|
Sale
|
7,926
|
57.4918 USD
|
common
stock
|
Sale
|
6,618
|
58.8234 USD
|
common
stock
|
Sale
|
6,551
|
58.8330 USD
|
common
stock
|
Sale
|
4,070
|
59.2589 USD
|
common
stock
|
Sale
|
2,650
|
57.6778 USD
|
common
stock
|
Sale
|
2,563
|
58.5556 USD
|
common
stock
|
Sale
|
2,122
|
58.7381 USD
|
common
stock
|
Sale
|
1,832
|
59.1580 USD
|
common
stock
|
Sale
|
1,372
|
58.8305 USD
|
common
stock
|
Sale
|
1,366
|
58.7527 USD
|
common
stock
|
Sale
|
1,347
|
58.8510 USD
|
common
stock
|
Sale
|
1,195
|
58.7081 USD
|
common
stock
|
Sale
|
941
|
58.0881 USD
|
common
stock
|
Sale
|
882
|
58.6324 USD
|
common
stock
|
Sale
|
736
|
59.8712 USD
|
common
stock
|
Sale
|
724
|
59.7545 USD
|
common
stock
|
Sale
|
622
|
57.7142 USD
|
common
stock
|
Sale
|
600
|
58.9075 USD
|
common
stock
|
Sale
|
600
|
59.8766 USD
|
common
stock
|
Sale
|
430
|
59.4898 USD
|
common
stock
|
Sale
|
301
|
59.6392 USD
|
common
stock
|
Sale
|
300
|
59.5916 USD
|
common
stock
|
Sale
|
300
|
59.4633 USD
|
common
stock
|
Sale
|
211
|
58.7473 USD
|
common
stock
|
Sale
|
200
|
59.7100 USD
|
common
stock
|
Sale
|
200
|
59.6600 USD
|
common
stock
|
Sale
|
200
|
58.6500 USD
|
common
stock
|
Sale
|
197
|
59.5638 USD
|
common
stock
|
Sale
|
183
|
54.5000 EUR
|
common
stock
|
Sale
|
100
|
59.6300 USD
|
common
stock
|
Sale
|
100
|
60.0650 USD
|
common
stock
|
Sale
|
100
|
59.6000 USD
|
common
stock
|
Sale
|
100
|
59.7000 USD
|
common
stock
|
Sale
|
100
|
59.8500 USD
|
common
stock
|
Sale
|
67
|
57.6153 USD
|
common
stock
|
Sale
|
42
|
58.8471 USD
|
common
stock
|
Sale
|
17
|
59.7700 USD
|
common
stock
|
Sale
|
1
|
59.0800 USD
|
(b)
|
Cash-settled derivative transactions
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
common
stock
|
SWAP
|
Increasing Long
|
3,066
|
58.8389 USD
|
|
|
|
|
|
|
|
|
(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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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:
|
21 Nov 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|